Bitcoin News / Bitcoinist - 1 year ago
The Grayscale Bitcoin Trust (GBTC) appears to be approaching a critical balance point after a period of significant outflows, according to Michael Sonnenshein, CEO of Grayscale Investments. In an exclusive interview with Reuters on the latest episode...
Bitcoin News / Bitcoinist - 1 year ago
The Shiba Inu project, known for its meme coin SHIB, is making waves in the cryptocurrency world with two key developments: a strategic sponsorship and a surge in social media activity. This move signals Shiba Inu’s intent to be a major player...
Bitcoin News / Bitcoinist - 1 year ago
The cryptocurrency world is abuzz with anticipation as Bitcoin (BTC) trades near its all-time high, inching closer to a potential record-breaking run. This bullish sentiment comes on the heels of a significant price surge in March, which saw BTC peak...
Bitcoin News / Bitcoinist - 1 year ago
On Tuesday, Steven Nerayoff, a former advisor to the Ethereum network, filed a lawsuit against the US government, seeking $9.6 billion in damages. The lawsuit, filed under the Federal Tort Claims Act (FTCA), accuses the government of false prosecutio...
Bitcoin News / Bitcoinist - 1 year ago
On Tuesday, STFIL, a liquid staking platform for Filecoin (FIL), announced that its team is allegedly under investigation by local Chinese police. The platform’s FIL tokens had been moved to an unknown address outside the team’s control.
The incident...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that demand for Bitcoin from HODLers is currently outpacing miner issuance for the first time in history and by quite a lot.
Bitcoin Demand From Accumulation Addresses Is Higher Than Miner Issuance
As CryptoQuant head of research...
Bitcoin News / Bitcoinist - 1 year ago
According to a CNBC report, spot Bitcoin exchange-traded funds (ETFs) issuers have expressed skepticism that the US Securities and Exchange Commission (SEC) will approve similar spot Ethereum ETFs.
Market participants, including asset managers Black...
Bitcoin News / Bitcoinist - 1 year ago
A recent consumer survey by Deutsche Bank revealed a split sentiment regarding the future trajectory of Bitcoin’s price. While grim, this outlook comes when Bitcoin has been on a rollercoaster ride.
The asset has recently achieved a new all-tim...
Bitcoin News / Bitcoinist - 1 year ago
The Dogecoin price has been unable to properly break out of the $0.2 as bears have set up resistance around this level. This has led to a stall around this price point, especially as investors panic and begin to sell their DOGE at what some believe i...
Bitcoin News / Bitcoinist - 1 year ago
In a recent Bloomberg report, it was revealed that the US Treasury Department is urging lawmakers to grant it additional enforcement powers in its fight against foreign providers of cryptocurrency services. The primary objective behind this request i...
Bitcoin News / Bitcoinist - 1 year ago
XRP has now broken past the $0.6 price mark again after a week of price correction among major cryptocurrencies. The price increase, led by Bitcoin, has seen most cryptocurrencies turning green since the weekend.
XRP, being one of the largest crypto...
Bitcoin News / Bitcoinist - 1 year ago
The team behind the Shiba Inu based project Shiba Eternity has announced a significant update to its collectible card game (CCG). The update, which was detailed by the project’s marketing lead, Lucie (@LucieSHIB), and ecosystem team member, Maz...
Bitcoin News / Bitcoinist - 1 year ago
In a recent interview with CNBC, Binance’s CEO, Richard Teng, addressed the company’s “cultural issues” and its commitment to compliance following a $4.3 billion fine settlement with the US Department of Justice (DOJ).
Teng also highligh...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin has scored a new milestone by becoming one of the top-traded cryptocurrencies on a major cryptocurrency exchange in Korea.
South Korean Markets Embrace Dogecoin
In a clear testament to Dogecoin’s soaring popularity and interest in global ma...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin is changing hands at around a three-week high when writing following refreshing gains on April 8. With the coin trading higher and above previous resistances, now support, analysts on X are upbeat.
In a post, one analyst said the recent dip...
Bitcoin News / Bitcoinist - 1 year ago
The developers of TokenFi, a sister project of the meme coin FLOKI, have put forward a proposal that could represent a major upgrade to the TokenFi launchpad. This proposal aims to prioritize $TOKEN stakers and holders within the ecosystem.
Floki An...
Bitcoin News / Bitcoinist - 1 year ago
Former President Donald Trump’s foray into the world of cryptocurrency has been met with both triumph and turbulence. Recent reports reveal that Trump has made millions from his crypto investments, yet the heightened volatility in the crypto ma...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin, the largest cryptocurrency asset could see a significant rise in the coming months as Mike Novogratz, the Chief Executive Officer (CEO) of Galaxy Digital foresees BTC to benefit substantially from the anticipated Federal Reserve cut rates th...
Bitcoin News / Bitcoinist - 1 year ago
The price of Bitcoin has increased along with a notable increase in its implied volatilities for a number of important phrases. The daily volatility increased by almost 80%, indicating forecasts for increased price volatility in the near...
Bitcoin News / Bitcoinist - 1 year ago
Solana developers are gearing up for a crucial update scheduled for April 15 aimed at resolving the pressing issue of network congestion. This move comes in the wake of transaction failures skyrocketing due to an “implementation bug” as e...
Bitcoin News / Bitcoinist - 1 year ago
Metaplanet Inc., a diversified enterprise listed on the Tokyo Stock Exchange, has officially embraced Bitcoin as a principal component of its treasury assets, committing an initial investment of JPY 1 billion (about $6.56 million). This strategic piv...
Bitcoin News / Bitcoinist - 1 year ago
China’s financial giants Harvest Fund and Southern Fund have recently filed applications to launch a new spot Bitcoin ETF, according to local media outlet Securities Times.
Harvest Fund And Southern Fund Spearhead Bitcoin ETF Push In China
Desp...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin Open Interest has set a new all-time high (ATH) as the cryptocurrency’s price has surged above $72,000.
Bitcoin Open Interest Has Shot Up Recently
CryptoQuant Netherlands community manager Maartunn explained in a post on...
Bitcoin News / Bitcoinist - 1 year ago
The recent ban on crypto exchange Binance has left many Filipino users wondering whether their holdings will be forever lost. In a recent interview, attorney Paolo Ong discussed the Philippines Securities and Exchange Commission (SEC)’s decision to b...
Bitcoin News / Bitcoinist - 1 year ago
So far, global crypto funds have soared to record annual inflows, reaching roughly $13.8 billion year-to-date as reported by asset manager Coinshares.
This milestone marks a substantial increase in investor participation in the crypto market, highlig...