Bitcoin News / Bitcoinist - 8 months ago
Parfin’s Ethereum Layer-2 chain, Rayls, was recently featured in JP Morgan’s blockchain-focused business unit’s Project EPIC, highlighting the network’s secure and compliant identity solutions to address privacy needs in regulated financial markets....
Bitcoin News / Bitcoinist - 8 months ago
Data shows the Bitcoin Open Interest to Market Cap Ratio has surged alongside the latest run in the asset’s price to the new all-time high (ATH). Bitcoin Open Interest to Market Cap Ratio Is Now At A 2-Year High As explained by cryptocurrency n...
Bitcoin News / Bitcoinist - 8 months ago
On Thursday, Detroit announced plans to become the largest city in the United States to accept Bitcoin and other cryptocurrencies for tax payments. According to local media reports, residents will be able to make payments through a platform managed b...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin’s recent significant upward move to a new all-time high has triggered massive gains in the market as investors, both retail and institutional are currently seeing notable profits from their investments, further solidifying BTC’s p...
Bitcoin News / Bitcoinist - 8 months ago
The cryptocurrency industry has emerged as a notable political force, with over $135 million spent in the 2024 election cycle to support more than 50 candidates across the political spectrum. As of Friday morning, all 48 candidates backed by major c...
Bitcoin News / Bitcoinist - 8 months ago
Following the election of Donald Trump as the 47th President of the United States, the establishment of a “Strategic Bitcoin Reserve” has emerged as a pivotal topic. The proposal, prominently advocated during Trump’s campaign, aims to position...
Bitcoin News / Bitcoinist - 8 months ago
The Shiba Inu price has closely followed Dogecoin, considering that the two are the largest meme coins by market cap. This has led to talks of what SHIB’s price would be if it reached Dogecoin’s market cap. What The Shiba Inu Price Will Be If It Rea...
Bitcoin News / Bitcoinist - 8 months ago
The Ethereum Foundation (EF) released its annual financial report earlier today, revealing substantial holdings and a commitment to transparency and long-term sustainability. Ethereum Foundation Holdings As of October 31, 2024, the EF disclosed that...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin has smashed through its all-time highs for the second day in a row, fueled by the recent US election results and a Federal Reserve interest rate cut of 25 basis points. Donald Trump’s victory has brought fresh optimism among investors, with m...
Bitcoin News / Bitcoinist - 8 months ago
Reports disclosed that a former CEO of the world’s biggest crypto exchange increased his wealth by a massive amount in one day. This growth is attributed by analysts to the latest results of the US elections, which allowed Donald Trump to recla...
Bitcoin News / Bitcoinist - 8 months ago
By accepting crypto for taxes and other local municipal payments, Detroit would become the largest city in the United States to accept crypto for payments. The program is scheduled to start in the middle of 2025, according to Detroit’s local of...
Bitcoin News / Bitcoinist - 8 months ago
Ripple Labs could be exploring the launch of a dirham-backed stablecoin in the United Arab Emirates (UAE), expanding beyond its existing US-dollar-backed stablecoin, RLUSD. This speculation arises following Ripple’s newest blog post dated Novem...
Bitcoin News / Bitcoinist - 8 months ago
A well-known analyst who successfully predicted that the Dogecoin price would rise to $0.7 in 2021 is now turning their attention to WallitIQ (WLTQ), forecasting an astonishing 23,460% increase by December 2024. As the cryptocurrency landscape evolve...
Bitcoin News / Bitcoinist - 8 months ago
Meme coin Shiba Inu has seen a renewed surge in its price over the past 24 hours as it aims to breach the $0.000020 mark. This upward movement reflects some positive sentiment among investors, but a closer look at on-chain metrics paints a more compl...
Bitcoin News / Bitcoinist - 8 months ago
Given the growing optimism and market resiliency in the past few weeks, major crypto assets like Dogecoin have gained notable upward traction. As a result, analysts are predicting that the next price rally of the dog-themed meme coin potentially to n...
Bitcoin News / Bitcoinist - 8 months ago
Dean Skurka, CEO of blockchain and crypto firm WonderFi, was kidnapped, held for ransom, and was subsequently released after paying $1 million. According to CBC and other sources, Skurka was reportedly abducted in downtown Toronto around 6 p.m., Thur...
Bitcoin News / Bitcoinist - 8 months ago
As President-Elect Donald Trump prepares to assume office, the crypto industry is closely watching his administration’s potential picks for key financial regulatory positions. With promises to end the “war on crypto” initiated under...
Bitcoin News / Bitcoinist - 8 months ago
Navigating the ever-changing crypto market can be challenging for investors, who often descend into the depths of the industry without any guidance. Some have taken on the task of developing tools to help traders steer their strategies and try to max...
Bitcoin News / Bitcoinist - 8 months ago
Caroline Ellison, the former CEO of Alameda Research and key witness in the prosecution of FTX founder Sam Bankman-Fried, reported to a low-security federal prison in Connecticut on Thursday to begin her two-year prison sentence. This development fo...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows the Bitcoin retail volume has sharply increased recently as the cryptocurrency has surged to a new high. Bitcoin Retail Volume Is Up More Than 15% Over Last 30 Days As explained by CryptoQuant author Axel Adler Jr in a new post on...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin has surged to new all-time highs, reaching $76,500, following Donald Trump’s victory in the US elections. This price breakout has reignited investor optimism, particularly among US traders, with demand increasing significantly since the...
Bitcoin News / Bitcoinist - 8 months ago
The recent US elections on November 5 have reshaped the political space and appear to have significant implications for the cryptocurrency industry. Coinbase CEO Brian Armstrong expressed optimism in a post-election “reflection”, emphasiz...
Bitcoin News / Bitcoinist - 8 months ago
Following Donald Trump’s victory in Tuesday’s election, members of the crypto community are celebrating a renewed sense of hope for their ETF ambitions. The change in political leadership is seen as a potential turning point for the appro...
Bitcoin News / Bitcoinist - 8 months ago
Gary Wang, FTX’s co-founder, has asked through his legal team for a non-custodial sentence in a memo filed last November 6th in connection with the United States v. Sam Bankman-Fried. The computer programmer argued that he should not serve jail time...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows the exchanges have just received large stablecoin inflows, something that could end up benefiting the Bitcoin rally. Stablecoin Exchange Inflows Have Spiked Recently As pointed out by an analyst in a CryptoQuant Quicktake post, th...
