Bitcoin News / Bitcoinist - 1 year ago
Crypto founder Matthew Dixon has made a bullish case for XRP, highlighting the factor that will cause the crypto token to experience that parabolic rise. A price rally for the crypto token looks well overdue, considering how it has continued to lag b...
Bitcoin News / Bitcoinist - 1 year ago
Despite the current downturn of the crypto market, PEPE coin has been one of the tokens that is still holding strong as its price is still trading above the 100-day Simple Moving Average (SMA) and the trendline. The token whose total liquidity is val...
Bitcoin News / Bitcoinist - 1 year ago
The Tron decentralized finance (DeFi) space is on fire, exceeding a staggering $21.7 billion in total value locked (TVL), according to recent reports. This surge signifies a robust and flourishing DeFi ecosystem on the Tron blockchain. However, inves...
Bitcoin News / Bitcoinist - 1 year ago
American billionaire Mark Cuban has criticized Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), in regards to the agency’s forceful regulatory approach towards the crypto industry. The highly esteemed television personality...
Bitcoin News / Bitcoinist - 1 year ago
The United States Securities and Exchange Commission (SEC) has responded to Coinbase’s recent motion, as the legal battle between the regulator and the prominent cryptocurrency exchange heats up. The US-based exchange filed an interlocutory appeal in...
Bitcoin News / Bitcoinist - 1 year ago
In a notable development highlighting the increasing interest of traditional financial institutions in Bitcoin (BTC), Wells Fargo, the third-largest bank in the United States, has revealed its exposure to spot Bitcoin ETFs. The US Securities and Exc...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development for Ethereum, the average gas fee on the network has dropped to 6.8 Gwei, marking the lowest level since January 2020, as shown by YCharts. This decrease in gas fees has made all on-chain operations, including asset swaps...
Bitcoin News / Bitcoinist - 1 year ago
While Ethereum struggles to regain the Q1 2024 momentum, currently tethered close to the psychological $3,000 level, one trader remains bullish. Taking to X, the analyst posts several reasons to negate concerns by skeptics even with the coin trading...
Bitcoin News / Bitcoinist - 1 year ago
BlockFi, a centralized crypto lender, recently shut down its web platform and selected Coinbase as its distribution partner for customer fund withdrawals. The move comes as BlockFi aims to ensure a swift transition for eligible customers following th...
Bitcoin News / Bitcoinist - 1 year ago
The landscape of the United States’ cryptocurrency industry is embroiled in a fierce showdown between the Biden administration and industry stakeholders, with far-reaching implications for both the sector’s future and the nation’s p...
Bitcoin News / Bitcoinist - 1 year ago
A crypto analyst has predicted a mega-bullish rally for the XRP price, the native token of the XRP Ledger (XRPL). Using trend lines, a technical analysis tool used to identify the direction in which a cryptocurrency’s price is moving, the analyst has...
Bitcoin News / Bitcoinist - 1 year ago
Jack Dorsey, the former CEO of Twitter and a well-known figure in the tech and cryptocurrency sectors, recently shared his view that Bitcoin could reach $1 million by 2030. His prediction is part of a broader bullish outlook on the pioneer cryptocurr...
Bitcoin News / Bitcoinist - 1 year ago
The November US elections could become a major event for the crypto industry as the government’s crackdown on the sector has created an unclear and uncertain landscape for investors and businesses. As such, voters and crucial figures are taking presi...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin holders are accumulating DOGE tokens amidst the recent price dip from $0.1686 to $0.1423. DOGE recently went on a price surge to cross above the $0.168 price level on May 6 to push 5.21 million addresses into profitability. However, the cryp...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent Bloomberg report, trading volume on major cryptocurrency exchanges experienced a significant decline in April, marking the first drop in seven months. This decline coincided with a retreat in the price of Bitcoin, which had pre...
Bitcoin News / Bitcoinist - 1 year ago
The Ethereum (ETH) market is buzzing with activity after a whale (an investor with significant holdings) made a splash by withdrawing a whopping $18 million worth of ETH from Binance, a leading cryptocurrency exchange. This move, meticulously tracke...
Bitcoin News / Bitcoinist - 1 year ago
With the US presidential elections fast-approaching, industries such as cryptocurrency have been drawn into the discussion as to what it could mean for their future. Cardano founder Charles Hoskinson has also shared his insights on the elections, par...
Bitcoin News / Bitcoinist - 1 year ago
Crypto exchange Kraken has intensified its fight against the US Securities and Exchange Commission (SEC) by formally submitting a reply in support of its motion to dismiss the agency’s lawsuit. The filing, dated May 9, 2024, challenges the SEC&...
Bitcoin News / Bitcoinist - 1 year ago
In a recent episode on the popular podcast ‘The Rich Dad Channel,’ Robert Kiyosaki, the author of the renowned book “Rich Dad Poor Dad,” advocated for crypto investments, specifically Ethereum and Bitcoin. The financial expert has shed light on the d...
Bitcoin News / Bitcoinist - 1 year ago
SBI VC Trade, a subsidiary of SBI Holdings, has commenced its role as a validator node on the XRP Ledger (XRPL). This move by SBI, a major player in Japan’s financial sector, underscores its commitment to playing a pivotal role in the governanc...
Bitcoin News / Bitcoinist - 1 year ago
Within the cryptocurrency investment space, there has been much debate and conjecture around the possibility of an Ethereum Spot Exchange-Traded Funds (ETFs). However, in light of ongoing regulatory obstacles, senior Bloomberg Intelligence analyst Er...
Bitcoin News / Bitcoinist - 1 year ago
Harvest Global Investments, a Chinese fund house and one of the issuers of Hong Kong’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs), has confirmed plans to potentially open these funds to mainland Chinese investors through the Hong Ko...
Bitcoin News / Bitcoinist - 1 year ago
Binance’s regulatory woes continue to mount as the world’s largest cryptocurrency exchange by trading volume has been fined C$6 million ($4.4 million) by Canada’s financial regulator, FINTRAC. The penalty was imposed due to Binance...
Bitcoin News / Bitcoinist - 1 year ago
The US House of Representatives has voted for a resolution to overturn the Securities and Exchange Commission (SEC)’s 2022 bulletin on crypto custodian accounting. US President Joe Biden released a statement opposing the resolution and revealing a po...
Bitcoin News / Bitcoinist - 1 year ago
One of the issuers of spot Bitcoin exchange-traded funds (ETFs) in the US, WisdomTree, has announced the expansion of its WisdomTree Prime app to users in New York. Expanded Custody And Stablecoin Services This development closely follows WisdomTre...
