Bitcoin News / Bitcoinist - 8 months ago
Ethereum and Solana’s hold on DeFi is about to end, well, at least according to Cardano’s Charles Hoskinson. In a Twitter/X post on October 25th, the Cardano co-founder claimed that decentralized finance is coming to Bitcoin, and it’s going to be big...
Bitcoin News / Bitcoinist - 8 months ago
The victims of the WazirX hack last July 2024 are now planning a class-action lawsuit. According to multiple sources, a group of victims is finalizing the plans to sue India’s largest crypto exchange to recover more than $600,000 in crypto assets. I...
Bitcoin News / Bitcoinist - 8 months ago
Technical analysis shows Ethereum has been trading in an ascending channel pattern since July 2023, largely with a series of higher highs and higher lows. As it stands, recent market movements have seen Ethereum retesting the lower trendline of this...
Bitcoin News / Bitcoinist - 8 months ago
The Bitcoin (BTC) market has been significantly disturbed over the last 24 hours following a series of troubling news reports. During this period, the crypto market leader has recorded notable downfalls with its price slipping below the $66,000 price...
Bitcoin News / Bitcoinist - 8 months ago
The Bitcoin price has slowed down over the last few days, crashing to around $65,500 on the morning of Saturday, October 26. The premier cryptocurrency has not particularly impressed in the historically bullish month of October, but the next few days...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin is currently trading at $66,800 after a week of significant volatility. The price has stabilized above the crucial $65,000 support level, signaling resilience as the market takes a breather after several weeks of heightened excitement. This c...
Bitcoin News / Bitcoinist - 8 months ago
Ripple Labs has moved to challenge the SEC in the US Court of Appeals for the Second Circuit, filing a Form C cross-appeal to contest key aspects of the SEC lawsuit. This filing not only contests a previous ruling that classified certain XRP transact...
Bitcoin News / Bitcoinist - 8 months ago
The US government is preparing a plea deal for the hacker who targeted the Twitter/X account of the Securities and Exchange Commission (SEC), Bloomberg reported. The deal was made just a few days after authorities arrested the 25-year-old suspect fro...
Bitcoin News / Bitcoinist - 8 months ago
The Shiba Inu team has announced the new 2.0 version of the decentralized exchange (DEX) ShibaSwap. Shiba Inu Executive Lucie provided insights into what to expect from this new version of the DEX, a development which could boost network activity on...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it’s arguably a lucrative trade for some, it impacts the local electricity grid. Some estimates say you need up to 155,000 kilow...
Bitcoin News / Bitcoinist - 8 months ago
Following Microsoft’s recent proposal to shareholders to consider investing in Bitcoin, Michael Saylor, co-founder of MicroStrategy and a prominent BTC advocate, publicly encouraged Microsoft CEO Satya Nadella to embrace the largest cryptocurrency as...
Bitcoin News / Bitcoinist - 8 months ago
In recent years, crimes and crypto have grown inexorably entwined. Crypto crimes rise as its popularity and use cases grow, therefore putting at risk traders and companies alike. TrendMicro claims that even while the value of crypto transactions rece...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin has faced a turbulent week, with price swings ranging from a local high of $69,500 to a low of $65,000, cooling off after weeks of bullish excitement. Now, BTC is consolidating just below the crucial $70,000 level, a price point seen as a key...
Bitcoin News / Bitcoinist - 8 months ago
Circle chief executive officer, Jeremy Allaire has confirmed that the stablecoin issuing company remains committed to launching an initial public offering (IPO). Interestingly, these comments have come amidst a controversial report on Circle’s bigges...
Bitcoin News / Bitcoinist - 8 months ago
The Bitcoin open interest has been a subject of debate over the past week, with various on-chain platforms revealing its recent record-breaking surge. However, investment analytics firm Alphractal disputed that the open interest in BTC had reached a...
Bitcoin News / Bitcoinist - 8 months ago
The Bitcoin and Ethereum price have crashed in the last 24 hours, dropping below $67,000 and $2,500, respectively. This price crash came following news about the alleged investigation into the USDT issuer Tether. Meanwhile, Israel’s attack on Iran wa...
Bitcoin News / Bitcoinist - 8 months ago
Ethereum (ETH) continues to perform poorly against Bitcoin (BTC) as the second-largest digital asset by reported market cap hit new multi-year lows against the top cryptocurrency. Ethereum Continues To Underperform Against Bitcoin Today, Ethereum’s n...
Bitcoin News / Bitcoinist - 8 months ago
On-chain data shows the Bitcoin Realized Cap has set a new all-time high (ATH) recently as the market has witnessed sharp capital inflows. Bitcoin Realized Cap Has Just Set A New Record According to data from the on-chain analytics firm Glassnode, th...
Bitcoin News / Bitcoinist - 8 months ago
South Korean authorities announced their plan to fully regulate cross-border crypto transactions by the end of 2025 to combat a “blind spot” enabling tax evasion by foreign exchanges. Koran Authorities To Regulate Cross-Border Crypto Transactions Ac...
Bitcoin News / Bitcoinist - 8 months ago
In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH). This recomme...
Bitcoin News / Bitcoinist - 8 months ago
Aligning themselves with the tax reporting rule on digital currency enacted by the European Union (EU), the Netherlands revealed its intention to apply tax monitoring rules on crypto. The Dutch government, an EU member, is obliged to accept and apply...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin prices are steady above the $66,000 support when writing on October 25. While confidence is high, the coin is still trending below the psychological round at $70,000. It has yet to shake off sellers in early October. Demand For Spot Bitcoin E...
Bitcoin News / Bitcoinist - 8 months ago
A gang of convicted Austrian fraudsters financed their luxurious life with money acquired from a giant crypto scam. Among other luxuries they purchased were a shark tank, a villa, a luxury car, private jet travels, and nights at club parties, Heute,...
Bitcoin News / Bitcoinist - 8 months ago
Bitcoin investors are presently displaying renewed enthusiasm towards the largest crypto asset as its net capital inflows have experienced a notable spike. This signals an increase in overall market appetite and has prompted speculations about potent...
Bitcoin News / Bitcoinist - 8 months ago
Cardano is set to unveil its first permissionless Layer 2 (L2) solution, positioning itself ahead of other blockchains like Ethereum. The announcement was made during the Cardano Summit 2024 in Argentina, where Philip DiSarro, CEO and founder of Anas...
