Bitcoin News / Bitcoinist - 1 year ago
Jim Cramer, the outspoken host of CNBC’s Mad Money, has caused a stir in the financial sector by endorsing Bitcoin (BTC) over MicroStrategy stock (MSTR). This recommendation follows despite MSTR’s notable year-to-date performance of 85%,...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin is still holding steady above the $60,000 price mark, but recent actions by miners could disturb this stability very soon. The recent halving cut the block reward from 6.25 BTC to 3.125 BTC, meaning miners now receive half as much for verifyi...
Bitcoin News / Bitcoinist - 1 year ago
For investors hoping for a simple way to gain exposure to Ethereum, the road seems paved with regulatory hurdles. The US Securities and Exchange Commission (SEC) has thrown a wrench into plans for spot Ethereum Exchange Traded Funds (ETFs), leaving t...
Bitcoin News / Bitcoinist - 1 year ago
In a significant move to commemorate Ethereum co-founder Vitalik Buterin’s historic SHIB token burn, Shiba Inu partner K9 Finance, the project’s official liquid staking productm has announced its plans to burn 410 million KNINE tokens, wh...
Bitcoin News / Bitcoinist - 1 year ago
Notcoin started as a viral Telegram game that introduced millions to the world of web3 through a unique tap-to-earn mining mechanic.
As a community token, $NOT aims to foster engagement, play, and contribution within its ecosystem. With the upcoming...
Bitcoin News / Bitcoinist - 1 year ago
Once more, North Korea has demonstrated its cyber prowess, possibly undermining international sanctions by using cryptocurrencies. According to a recent assessment by UN sanctions monitors, North Korea is suspected of using the Tornado Cash platform...
Bitcoin News / Bitcoinist - 1 year ago
Ripple is transitioning into a full-service digital asset custody provider, following its acquisition of Metaco, a Swiss-based leader in the sector, for $250 million in May 2023. This development represents a significant expansion of the fintech̵...
Bitcoin News / Bitcoinist - 1 year ago
In a new memo, Matt Hougan, Bitwise Chief Investment Officer Matt Hougan offered a detailed analysis of the early adopters of Bitcoin Exchange-Traded Funds (ETFs) based on 13F filings with the SEC. His insights underscore a significant embrace of Bit...
Bitcoin News / Bitcoinist - 1 year ago
El Salvador has once again made headlines as it announced its ownership of 5,750 Bitcoin (BTC), which is valued at approximately $353 million based on current market prices, according to Bloomberg.
This revelation comes after the National Bitcoin Of...
Bitcoin News / Bitcoinist - 1 year ago
The UK government’s Insolvency Service has shut down a crypto advisory firm for accounting negligence and the loss of investors’ money. The firm seemingly claimed to help users with investments while promoting crypto schemes that resulted in mi...
Bitcoin News / Bitcoinist - 1 year ago
Raoul Pal, a well-known figure in the financial sector, provided a striking forecast for the future of cryptocurrencies.
His analysis suggests a potential rise in the market’s total capitalization to $100 trillion, spurred by global liquidity t...
Bitcoin News / Bitcoinist - 1 year ago
The Oost-Brabant district court in the Netherlands has sentenced Alexey Pertsev, co-developer of Tornado Cash, to 64 months in prison for his involvement in creating and maintaining the crypto mixing tool. The court alleges that Tornado Cash enables...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum remains under immense selling pressure, shaving over 30% from March 2024 highs. With prices recently dropping below $3,000 and sellers doubling down, there could be no reprieve for optimistic buyers in the sessions to come.
Analyst Expects...
Bitcoin News / Bitcoinist - 1 year ago
The return of Keith Gill (also known as “Roaring Kitty”), the man who largely contributed to the GameStop short squeeze in 2021, and the Dogecoin run, has led to talks about another imminent meme coin mania. If so, some meme coins are worth watching,...
Bitcoin News / Bitcoinist - 1 year ago
As the cryptocurrency world anxiously awaits the decision regarding Ethereum Spot Exchange-Traded Funds (ETFs) from the United States Securities and Exchange Commission (SEC), much has been said about the variables that could influence the Commission...
Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu (SHIB) has expanded into the e-commerce market, scoring another major listing from the cryptocurrency payment platform, CoinGate. The payment company disclosed that it had boosted its cryptocurrency offerings with the doggy-themed cryptocur...
Bitcoin News / Bitcoinist - 1 year ago
To combat illicit financial activities, Tether, the entity behind the world’s largest stablecoin by market capitalization, has frozen approximately 5.2 million USDT.
The crypto tracking and compliance platform MistTrack detailed this action, wh...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin mining hashrate has registered a decrease of 11% recently as miner profitability has dropped to a 3-year low.
Bitcoin Miners Haven’t Been Under This Much Stress In 3 Years
As pointed out by CryptoQuant community...
Bitcoin News / Bitcoinist - 1 year ago
Crypto analyst Rekt Capital recently suggested that the worst might be over for Bitcoin. If so, the flagship crypto may be primed for a move to the upside, rising to as high as $100,000, which some other crypto analysts have predicted would be the ca...
Bitcoin News / Bitcoinist - 1 year ago
The next two weeks could be decisive for the crypto industry as it faces significant legislative developments in the US Congress. These developments may potentially reshape the regulatory landscape for digital assets in the United States.
3 Major Cry...
Bitcoin News / Bitcoinist - 1 year ago
Institutional investors and US states are displaying heightened interest in the Bitcoin ETF market following regulatory approval by the US Securities and Exchange Commission (SEC) in January.
The latest development reveals that Wisconsin’s inv...
Bitcoin News / Bitcoinist - 1 year ago
United States President Joe Biden has ordered the shutdown and sale of a Chinese-originated crypto mining operation located near a critical Air Force base in Wyoming, the New York Times reported.
The executive order, issued on Monday, mandates the im...
Bitcoin News / Bitcoinist - 1 year ago
The Terra community isn’t relenting in its efforts to revive the LUNC and USTC tokens and take them back to their old glory days. This time, the community has proposed a proposal to ensure that the Luna Classic’s (LUNC) circulating supply data is wel...
Bitcoin News / Bitcoinist - 1 year ago
John E. Deaton, a fervent advocate for XRP and critic of current regulatory approaches to digital assets, has officially secured his place on the Massachusetts Republican ballot for the 2024 US Senate elections. Deaton’s campaign announcement has sti...
Bitcoin News / Bitcoinist - 1 year ago
Changpeng Zhao, the enigmatic founder of cryptocurrency giant Binance, has sparked a firestorm of speculation with a recent social media post hinting at a potential career shift.
Following a legal battle with the US Department of Justice that conclud...