Bitcoin News / Bitcoinist - 11 months ago
This Friday, the first South Korean crypto regulatory framework has gone into effect after the one-year preparation period. The new law requires firms in the country to comply with stricter requirements to protect investors and their assets.
South K...
Bitcoin News / Bitcoinist - 11 months ago
The largest virtual bank in Hong Kong, ZA Bank, broke new ground earlier today by offering exclusive reserve bank services to stablecoin issuers, a move in line with Hong Kongâs recent regulatory advancements in cryptocurrency.
This initiative is par...
Bitcoin News / Bitcoinist - 11 months ago
The recent positive price movement in XRP appears to have triggered a new wave of investors’ interest regarding the coin. XRP has surpassed the largest crypto asset by market cap, Bitcoin, in trading volume across exchanges in South Korea, indi...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin is stable when writing, in an uptrend, and technically around all-time highs, looking at how prices have evolved over the past five years. Despite the recent contraction forcing the world’s most valuable coin to spot rates, exciting tre...
Bitcoin News / Bitcoinist - 11 months ago
Dogecoin has reversed over 50% of its gains earlier in the week as investors look to be taking profits. DOGE whales, on the other hand, are going against the profit taking trend to increase their holdings. This whale accumulation was noted on social...
Bitcoin News / Bitcoinist - 11 months ago
In a significant development in Terraform Labs’ (TFL) ongoing bankruptcy proceedings, a recent court order has authorized several key actions for the troubled crypto company.Â
Terraform Labs, which was found liable for defrauding investors and...
Bitcoin News / Bitcoinist - 11 months ago
Recently, the German authorities liquidated Bitcoin valued at about $3 billion. From June 19 to July 12, the German government sold 49,858 BTC tokens for approximately âŹ2.6 billion, or $2.9 billion.
Regarded as an “emergency” measure, th...
Bitcoin News / Bitcoinist - 11 months ago
The Shiba Inu price has lagged behind recently despite Bitcoin and the crypto market seeing some recovery. This decline is linked to a number of developments that have rocked the meme coin price, and as a result, causing its price to drop around 10%...
Bitcoin News / Bitcoinist - 11 months ago
A formal petition on Change.org has been started by the Shiba Inu Army with the goal of convincing Binance, the biggest cryptocurrency exchange in the world, to burn one percent of all Shiba Inu (SHIB) token transactions every day. On July 17, 2024,...
Bitcoin News / Bitcoinist - 11 months ago
As Bitcoin mining firms turn toward the expanding field of artificial intelligence (AI), the terrain of data centers is changing underfoot. These companies are now reallocating their large resources to accommodate AI workloads, therefore ushering a n...
Bitcoin News / Bitcoinist - 11 months ago
Polygon recently provided more details on the proposed migration of MATIC tokens to its new POL tokens. This forms part of Polygonâs plan to build âaggregated blockchainsâ as its innovative approach to scaling these networks.
Everything To Know About...
Bitcoin News / Bitcoinist - 11 months ago
Dennis Porter, CEO and co-founder of Satoshi Act Fund, set the Bitcoin and financial community abuzz yesterday, July 18, with an alleged leak via X. Porter announced what could be massive news for BTC. “HUGE BREAKING: Trump to announce a USA Bi...
Bitcoin News / Bitcoinist - 11 months ago
Ryan Selkis, the co-founder and CEO of crypto analytics company Messari, has immediately resigned following a series of controversial posts on social media platform X (formerly Twitter).Â
Messari’s Ryan Selkis Under Fire
The controversy surroun...
Bitcoin News / Bitcoinist - 11 months ago
After constantly struggling to execute a bullish move for several days due to a broader market decline, Bitcoin, the largest cryptocurrency asset has once again reclaimed the average cost basis for short-term holders, following a slight recovery duri...
Bitcoin News / Bitcoinist - 11 months ago
A prominent Shiba Inu (SHIB) developer has issued a critical warning to the SHIB community about a hack attack on WazirX, which has already led to significant financial loss for several SHIB investors.Â
Developerâs Warning To SHIB Community
On July 1...
Bitcoin News / Bitcoinist - 11 months ago
Tyler and Cameron Winklevoss, the founders of crypto exchange Gemini, have publicly declared significant financial support for John Deaton, a lawyer known for his involvement in the XRP community. On the evening of 18 July, Tyler Winklevoss announced...
Bitcoin News / Bitcoinist - 11 months ago
Here’s what the data related to the Ethereum futures market suggests regarding whether the sentiment around ETH is looking bearish or bullish.
Ethereum Taker Buy Sell Ratio Has Observed A Strong Surge Recently
In a new CryptoQuant Quicktake pos...
Bitcoin News / Bitcoinist - 11 months ago
Bankrupt crypto lending platform BlockFi recently announced that repayments for customers who didnât complete the withdrawal process through the platform will begin this month. Following the web platformâs shutdown in May, the interim crypto distribu...
Bitcoin News / Bitcoinist - 11 months ago
OKX, a prominent global cryptocurrency exchange, has decided to discontinue services in Nigeria. This move comes amidst a backdrop of increasing regulatory scrutiny in the country.
Starting from August 16, 2024, Nigerian users will no longer be able...
Bitcoin News / Bitcoinist - 11 months ago
On-chain data shows the stablecoin market cap has returned to positive growth recently, which can be bullish for Bitcoin.
Stablecoin Market Cap Has Finally Flipped On 30-Day Change
As explained by CryptoQuant founder and CEO Ki Young Ju in a new post...
Bitcoin News / Bitcoinist - 11 months ago
Indian cryptocurrency exchange WazirX has reportedly lost approximately $235 million in digital assets due to a significant cybersecurity breach that occurred in the early hours of Thursday.
According to the post shared by the firm on X, the breach a...
Bitcoin News / Bitcoinist - 11 months ago
Like Bitcoin and top altcoins, including Solana, Ethereum is holding steady. At the time of writing, it is trading above the local support at $3,300 and floating higher, targeting $3,700.
Speculators Flowing To ETH As Bulls Set Sight On $3,700
The le...
Bitcoin News / Bitcoinist - 11 months ago
As the July 23 deadline for launching the spot Ethereum ETF (exchange-traded fund) market approaches, asset management firms have disclosed their management fees, signaling the imminent approval of applications by the US Securities and Exchange Commi...
Bitcoin News / Bitcoinist - 11 months ago
A massive recovery might be on the horizon for Shiba Inu (SHIB), which could send its price back above the crucial level of $0.00002. This is based on the meme coinâs trading volume in the last 24 hours which shows that investors are heavily invested...
Bitcoin News / Bitcoinist - 11 months ago
Shiba Inu, a dog-themed memecoin is in the spotlight as trillions of SHIB were reportedly stolen in a recent cybersecurity breach with the leading India-based cryptocurrency exchange, WaxirX. Reacting to the incident, Shiba Inu team member and market...