Bitcoin News / Bitcoinist - 2 years ago
Bitcoin’s price has taken a hit since it hit its all-time high back in 2021, and as a result, the number of bitcoin millionaires has dwindled dramatically since then. These addresses holding more than $1 million in BTC peaked in November 2021 and hav...
Bitcoin News / Bitcoinist - 2 years ago
The plaintiffs in a class action lawsuit against TerraUSD and its affiliated companies voluntarily dismissed their case on Monday. Matthew Albright filed the lawsuit on behalf of others against Terraform Labs (TFL), Pte Limited, and other affiliates...
Bitcoin News / Bitcoinist - 2 years ago
Crypto Exchange Gemini co-founder, Cameron Winklevoss, sent another open letter regarding the Genesis borrowing agreement. This time, the executive addressed the Digital Currency Group (DCG) Board of Directors, Genesis’ parent company. In the lette...
Bitcoin News / Bitcoinist - 2 years ago
ADA price is recovering after hovering around $0.25 for one month. The Cardano’s native token has fired up with a nearly 30% price surge since the advent of the New Year. The hype around Cardano’s upcoming stablecoin DJED launch could be among the fa...
Bitcoin News / Bitcoinist - 2 years ago
All across the brutally beaten crypto market, altcoins are beginning to show their first signs of a potential recovery following a nearly 90% drawdown in most assets. But could the recovery be due to a calendar-based phenomenon called the January eff...
Bitcoin News / Bitcoinist - 2 years ago
GALA recorded more upside on Tuesday following another announcement from its parent company. Gala Games which had previously announced a new partnership with multiple Hollywood stars revealed its latest acquisition and leadership decisions, which bol...
Bitcoin News / Bitcoinist - 2 years ago
Nepal’s telco regulators have ordered internet service providers to ban all cryptocurrency-related services in their recent notification released on January 8. Nepal’s stance on crypto has previously been negative, as the nation banned cr...
Bitcoin News / Bitcoinist - 2 years ago
Crypto exchange Coinbase (COIN) is letting go of about 1,000 employees as part of a critical strategy to weather down the crypto winter. According to a report from Reuters, this is the company’s third round of layoffs as macroeconomic conditions and...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the non-fungible token dominance on Ethereum has rebounded to 22%, suggesting that NFTs may be making a comeback. NFT Dominance On Ethereum Has Climbed Up Recently According to the latest weekly report from Glassnode, the NFT dominance on...
Bitcoin News / Bitcoinist - 2 years ago
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple saw renewed activity yesterday. Ripple Labs Inc., CEO Brad Garlinghouse, and Executive Chairman Chris Larsen filed their opposition response to the SEC’s moti...
Bitcoin News / Bitcoinist - 2 years ago
The Mango Markets exploit, which was just one of the number of hacked and exploited dApps last year, was a remarkable one. The exploit led to roughly $114 million lost from the decentralized digital-asset exchange trading platform. According to the l...
Bitcoin News / Bitcoinist - 2 years ago
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Bitcoin News / Bitcoinist - 2 years ago
The bitcoin market has been decimated by the 2022 bear market. Billions were lost from the collapses of major crypto exchanges last year. However, 2023 seems to bring new investor sentiment as the market improves, at least for crypto. Since the start...
Bitcoin News / Bitcoinist - 2 years ago
The year 2023 is showing, at least in part, renewed investor sentiment on the Bitcoin market. According to CoinMarketCap, the total market capitalization of cryptocurrencies currently stands at $846.4 billion. Only a 1% decrease from yesterday’s $853...
Bitcoin News / Bitcoinist - 2 years ago
The year 2023 is showing, at least in part, renewed investor sentiment on the Bitcoin market. According to CoinMarketCap, the total market capitalization of cryptocurrencies currently stands at $846.4 billion. Only a 1% decrease from yesterday’s $853...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin mining profitability is actually higher than that of bitcoin, according to data from the mining calculator website CoinWarz. With the market seeing declines over the past year, the mining industry has taken a hit when it comes to its profita...
Bitcoin News / Bitcoinist - 2 years ago
Amidst the crypto winter casualties continuing, the California-based crypto payment channel Wyre disclosed limits on withdrawals for all users. The payment company joins others that previously restricted withdrawals or laid off their workforces to su...
Bitcoin News / Bitcoinist - 2 years ago
Hong Kong has expressed interest in becoming a global crypto hub as it has decided to be more welcoming to crypto companies. Opening up to newer crypto companies or startups could increase crypto retail participation in Hong Kong. Paul Chan, Hong Kon...
Bitcoin News / Bitcoinist - 2 years ago
The U.S. and other financial institutions and law enforcement agencies are stepping up their efforts to sanction crypto entities. The U.S. and its Office of Foreign Assets Control (OFAC) changed the modus operandi employed to impose sanctions. The...
Bitcoin News / Bitcoinist - 2 years ago
Solana has jumped to 11th on the top crypto by market cap list today. Can the coin continue this and dethrone Polygon from the 10th spot? Solana Continues Uptrend, Registers 25% In Gains Today This new year so far has been a fantastic time for Solana...
Bitcoin News / Bitcoinist - 2 years ago
Over the last week, Solana (SOL) has emerged as one of the top winners in the crypto market after seeing more green days than red in the last week. It is still continuing the streak into the new week after recording double-digit gains once more. This...
Bitcoin News / Bitcoinist - 2 years ago
As the FTX investigation is still ongoing, several unexpected incidents have been discovered. In today’s news, Andrew Vara, the US bankruptcy trustee in FTX’s case, disclosed that the beleaguered exchange has refused to provide financial details rega...
Bitcoin News / Bitcoinist - 2 years ago
Web 3.0 has been hit hard by last year’s bear market. Web 3.0 is a term first coined by Ethereum co-founder Gary Wood during the coin’s launch back in 2014. Since then, the market for this type of technology has grown as the adoption of cryptocurrenc...
Bitcoin News / Bitcoinist - 2 years ago
The FTX demise has undoubtedly resulted in multiple questions from many people wondering how an exchange that was once one of the largest could have crashed in a blink of an eye. Former FTX US president, Brett Harrison, who after departing from the b...
Bitcoin News / Bitcoinist - 2 years ago
2022 is now in the history books, and will go down as one of the most challenging years in markets potentially ever. The traditional stock and bond-based portfolio investors have sworn by has seen the worst performance in over one hundred years. Maj...
