Bitcoin News / Bitcoinist - 1 year ago
The recent price rally in Bitcoin (BTC) has brought a double-edged sword for miners, boosting network security but raising concerns about their long-term sustainability. While the hash rate, a measure of computing power dedicated to securing the netw...
Bitcoin News / Bitcoinist - 1 year ago
The Ethereum (ETH) ecosystem continues to be a flurry of activity, with several upcoming new projects and updates expected to be introduced in the near future, one of which is the “Verkle Trees” feature. Ethereum Co-Founder Hints On Verkl...
Bitcoin News / Bitcoinist - 1 year ago
The spotlight on Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), intensifies as veteran trader Peter Brandt and figures within the crypto industry voice their doubts about his ability to safeguard investors and effectively reg...
Bitcoin News / Bitcoinist - 1 year ago
In a recent statement shared on X (formerly Twitter), Edward Snowden, the former National Security Agency contractor and whistleblower, hailed Bitcoin as “the most significant monetary advance since the creation of coinage.” Snowden, known for...
Bitcoin News / Bitcoinist - 1 year ago
A dark cloud hangs over the Australian federal police as one of its own, Officer William Wheatley, stands accused of a daring crypto heist. The missing loot? A staggering 81.62 Bitcoins, valued at a then-humble $309,000 in 2019, but now a cool $4.2 m...
Bitcoin News / Bitcoinist - 1 year ago
The recent surge in Bitcoin (BTC) prices, pushing past the $52,000 mark, has ignited a wave of optimism within the cryptocurrency community. Visions of a six-figure future dance in investors’ heads, with some analysts even proposing a $150,000...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin ETFs (exchange-traded funds) had another positive performance over the past week, with billions of dollars flowing into the crypto investment products. Bitcoin ETFs: $2.2 Billion Inflows Over The Past Week The latest data by BitMEX Research s...
Bitcoin News / Bitcoinist - 1 year ago
In an interesting development, FTX creditors have launched a class action lawsuit against Sullivan and Cromwell (S&C), the law firm that is currently responsible for handling the bankruptcy proceedings of the defunct exchange. In a petition submi...
Bitcoin News / Bitcoinist - 1 year ago
The cryptocurrency world watches with a mix of intrigue and apprehension as Tether (USDT), the most prominent stablecoin, inches closer to a seemingly mythical $100 billion market capitalization. This monumental milestone signifies Tether’s und...
Bitcoin News / Bitcoinist - 1 year ago
American investment advisers, VanEck Associates, have been formally penalized by the United States Securities and Exchange Commission (SEC) for violating transparency laws. The investment company has agreed to pay a substantial penalty fee related to...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase, the largest cryptocurrency exchange in the United States, has donated $3.6 million to Brink, a non-profit organization aimed at supporting the Bitcoin developer community. Brink To Funnel Donations Toward Bitcoin Core Developers On Friday,...
Bitcoin News / Bitcoinist - 1 year ago
Yuga Labs, developers of the prominent non-fungible token collection (NFT) collection Bored Ape Yacht Club (BAYC), has announced the acquisition of rival NFT company PROOF. This transaction is understood to grant Yuga Labs full ownership of all PROOF...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, VanEck, a registered investment adviser and issuer of Bitcoin Exchange Traded Funds (ETFs), has settled with the US Securities and Exchange Commission (SEC). The company has agreed to pay a civil penalty of $1.75 million to...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that one whale is rapidly accumulating Ethereum (ETH), selling large amounts of Wrapped Bitcoin (WBTC) via Aave, a popular non-custodial protocol. Whale Borrows WBTC From Aave, Buys ETH As of February 16, Lookonchain data showed...
Bitcoin News / Bitcoinist - 1 year ago
Data shows that Bitcoin Open Interest has surged to extreme levels recently, a sign that a large amount of volatility may soon clutch the market. Bitcoin Open Interest Has Been Rapidly Moving Up Recently As an analyst in a CryptoQuant Quicktake post...
Bitcoin News / Bitcoinist - 1 year ago
On February 15, an unconfirmed report circulated in the crypto community, suggesting that outspoken crypto critic and US Senator Elizabeth Warren had honored Bitcoin founder Satoshi Nakamoto with a ceremonial US flag. However, that wasn’t the case, a...
Bitcoin News / Bitcoinist - 1 year ago
Standard Chartered Analyst Geoff Kendrick recently shared his insights into the future of traditional finance and its intersection with the crypto sphere after the launch of spot Bitcoin Exchange-traded funds (ETFs) in the US. Kendrick predicts tradi...
Bitcoin News / Bitcoinist - 1 year ago
The US Securities and Exchange Commission (SEC) is reportedly concluding its investigation into allegations of conflict of interest within its ranks, particularly concerning the regulation of Ethereum (ETH). The investigation, dubbed ‘ETH Gate,...
Bitcoin News / Bitcoinist - 1 year ago
Data shows that Internet Computer (ICP) has surpassed Cardano (ADA) to become the number one cryptocurrency in this metric. Internet Computer Has Become Most Developed Crypto Project In Past Month In a new post on X, the on-chain analytics firm Santi...
Bitcoin News / Bitcoinist - 1 year ago
An Ethereum whale has recently asserted a claim over the anticipated Starknet airdrop. This solo node operator, aiming to participate in the Starknet (STRK) reward program, has taken the monumental task of independently running a whopping 1000 valida...
Bitcoin News / Bitcoinist - 1 year ago
Aptos, the layer-1 blockchain network, has entered the smartphone arena with the JamboPhone, a $99 device aimed at unlocking the digital economy for users in emerging markets. This move follows rival Solana’s Saga phone launch, sparking questio...
Bitcoin News / Bitcoinist - 1 year ago
A recent study spearheaded by Lucas Nuzzi, Head of R&D at CoinMetrics, has brought to light detailed insights into the financial viability of launching a 51% attack on the blockchain giants, Bitcoin and Ethereum. Published under the title “...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC) is back in the spotlight, with a surge in investor activity and contract holdings fueling more than 20% price jump this week. The leading cryptocurrency smashed through the $52,000 barrier for the first time since December 2021, sending...
Bitcoin News / Bitcoinist - 1 year ago
Ethiopia has officially announced its foray into Bitcoin mining, aligning itself with a growing list of countries that have integrated cryptocurrency mining into their national economic strategies. This development comes through a partnership between...
Bitcoin News / Bitcoinist - 1 year ago
In a surprising move, Senator Elizabeth Warren, a long-standing critic of cryptocurrency, publicly recognized the contributions of Satoshi Nakamoto, the anonymous creator of Bitcoin, on December 18, 2023 – a date Bitcoiners refer to as “...
