Category : Bitcoinist

Bitcoinist

BTC-e Co-founder Enters Guilty Plea For $9 Billion Money Laundering Conspiracy

Co-founder of crypto exchange BTC-e, Alexander Vinnik, has pleaded guilty to charges of conspiracy to commit money laundering. In a public release by the US Department of Justice (DOJ) on May 3, the Russian national has admitted to his role as one of...

Bitfinex CTO Dispels FUD, Refutes Data Breach By Ransomware Group

In an interesting turn of events, Bitfinex chief technology officer (CTO) Paolo Ardoino has dismissed rumors of the exchange being involved in a large-scale data breach. This came in response to claims of a significant security breach by the hacking...

Grayscale Spot Bitcoin ETF Turns Positive After $17.5 Billion In Outflows, Sees Inflows For The First Time

In a rather shocking development, Grayscale Bitcoin Trust (GBTC) has recorded its first-ever inflow after witnessing significant daily outflows since its launch. Grayscale Bitcoin ETF Records Over $60 Million In Inflows Grayscale’s Spot Bitcoin ETF...

Shiba Inu Scores Another Major Listing That Could Send Price Flying

Shiba Inu has scored another major listing as PayPal users within the United States can now buy the dog-themed cryptocurrency through MoonPay, opening up new avenues for adoption and potentially fueling a price increase. PayPal Teams Up With MoonPay...

Why Is Dogecoin And Shiba Inu Price Up Today?

The foremost meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) have recorded significant price gains in the last 24 hours. This upward trend is due to several metrics that signal a bullish outlook for the respective meme coins. Dogecoin Sees Increas...

Ethereum Bounces Back Strongly After $2,871 Support Rejection

On Wednesday, ETH, the native coin of the Ethereum blockchain experienced a significant rejection at the resistance level of $2,871. Since this rejection, the price of Ethereum has gained a significant upward movement of over 9% and showing signs of...

Friend.tech Fiasco: Token Tanks 98% After Airdrop Fails To Deliver

Friend.tech, a social media platform built on the Ethereum blockchain, aimed to celebrate the launch of its version 2 protocol with an airdrop of its native token, FRIEND. However, the well-intentioned initiative turned into a cautionary tale, with t...

Investor Falls Victim To $71 Million Address Poisoning Scam

In a concerning turn of events, an anonymous crypto trader has lost approximately $71 million worth of assets in an address poisoning scam. This incident has roused much tension in the crypto ecosystem, underlining the need for improved safety measur...

Bitcoin Back In The Bullpen: Whales Spark Rebound With $2.8 Billion Purchase

The past few weeks have been a rollercoaster ride for Bitcoin investors. Fears of inflation and geopolitical tensions sent shockwaves through the cryptocurrency market, dragging Bitcoin and its altcoin brethren down to depths not seen since early 202...

Bitcoin Spot ETF: SEC Delays Decision On 7RCC’s Eco-Friendly Fund

The US Securities and Exchange Commission (SEC) has extended its review period on the launch of crypto asset management company 7RCC’s Bitcoin spot ETF (exchange-traded fund). SEC Extends Deadline For 7RCC’s Bitcoin Spot ETF In a notice published on...

$12 Million Crypto Seizure: Dutch Authorities Arrest Suspect Of ZKasino Rug Pull

About two weeks ago, the crypto space faced another alleged rug pull. This time, the gambling platform and blockchain casino ZKasino was at the center of the accusations, with many investors claiming their money was gone. Despite the allegations, ZKa...

Dogecoin Open Interest Crashes 66.5% In One Month, What Does This Mean For Price?

The Dogecoin open interest has seen a massive crash in the last month, leading to concerns about the future prospects of the meme coin. It is now a long way from its March all-time highs and has returned to the low levels of early February. Dogecoin...

Bitcoin Analyst Says Rally To Over $90,000 Programmed As Money Supply Grows

Bitcoin price action might be dicey, undergoing a major corrective phase. However, even as $60,000 looks slippery for upbeat bulls, some analysts are optimistic that the coin is ready for a strong leg up. Going by past price action, analysts maintai...

Is Buying XRP A Profitable Trade? Crypto Analyst Says It’s “Dead”

XRP has largely had a lackluster price movement in recent months, although it continues to show promise for real-world utility. Particularly, the price of XRP was recently rejected at $0.66 after a little surge which saw it falling back down as far a...

Bitcoin Market Shift: Weak Hands Not Capitulating Despite Crash

On-chain data suggests the Bitcoin short-term holders haven’t been capitulating during the crash, a sign that a shift has occurred in the market. Bitcoin Short-Term Holders Haven’t Been Doing Much Loss-Selling Recently As pointed out by a...

Battle For Privacy: DOJ Targets Crypto Wallets, Stirring Major Concerns Over Digital Rights

The recent actions of the US Department of Justice (DOJ) have ignited a fierce debate on the future of financial privacy. The crackdown on Wasabi Wallet’s service has raised significant concerns among privacy advocates and crypto users alike, s...

Shiba Inu Team Member Reveals ShibaSwap Network Expansion Plan That Could Send SHIB Price Flying

Shiba Inu marketing lead, Lucie has announced plans that would see ShibaSwap, a Decentralized Exchange (DEX) on the Ethereum blockchain expanding to a new chain. This new development could significantly transform the Shibarium ecosystem, potentially...

Fidelity: US Pension Funds Explore Crypto And Bitcoin, Eyeing $10 Trillion AUM

According to a recent survey by Fidelity Digital Assets, institutional investors, including US pension plans, are increasingly inclined to invest in crypto assets, including Bitcoin. The survey covered various institutional investor segments, includ...

Edward Snowden Delivers ‘Final’ Bitcoin Warning: Here’s Why

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Ripple Counters SEC’s Opposition Brief With New Filing, What Does It Say?

Ripple has filed a new court document supporting its motion to strike new evidence in its long-running legal battle against the Securities and Exchange Commission (SEC). The crypto firm filed the initial motion on April 22, seeking to strike Andrea F...

FTX Exec Loses Paradise, Surrenders $5.9 Million Bahamas Mansion

The implosion of cryptocurrency giant FTX continues to cast a long shadow, with the latest twist involving a Bahamas mansion and a plea deal. Ryan Salame, the former co-CEO of FTX Digital Markets, a subsidiary of the now-bankrupt exchange, has agreed...

Hong Kong Bitcoin ETFs To Reach $1 Billion AUM By 2024 End, Kraken Unit Predicts

London-based CF Benchmarks, a unit of crypto exchange Kraken, is positioning itself as a notable beneficiary of the surge in spot Bitcoin ETFs this year and shares an increasingly bullish outlook for the ETF market in Hong Kong and the US through 202...

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