Bitcoin News / Bitcoinist - 2 years ago
A lot of ups and downs going on in the crypto industry have pushed some, if not most, companies to the edge of insolvency. Following its request for emergency bailout funding, popular crypto lender Genesis has slashed its staff members and is now con...
Bitcoin News / Bitcoinist - 2 years ago
Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpullers, an endeavor that is relatively new fo...
Bitcoin News / Bitcoinist - 2 years ago
Crypto asset inflows recorded one of their worst years in 2022. The year had been one fraught with market dips and crashes that saw over $2 trillion wiped off its market cap. Investors responded to this by pulling their money out of the market, and i...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the trading dominance of altcoins is now more than 50%; here’s what this may mean for Bitcoin. Altcoin Trading Dominance Has Increased To More Than 50% As pointed out by an analyst in a CryptoQuant post, sustainable moves in...
Bitcoin News / Bitcoinist - 2 years ago
According to the Wall Street Journal, Celsius co-founder Alex Mashinsky was sued by New York Attorney General Letitia James. The government official filed a civil lawsuit against Mashinsky, accusing him of “defrauding investors out of billions of dol...
Bitcoin News / Bitcoinist - 2 years ago
According to a report from The Street, crypto-friendly bank Silvergate (SI) retraced on a massive 27% rally following a preliminary quarter result. The financial institution recorded a steep decline in customer withdrawals. As a result, Silvergate&...
Bitcoin News / Bitcoinist - 2 years ago
Last month, bankrupt crypto lender Voyager Digital accepted Binance.US’s bid to purchase its assets for over $1 billion. This had come through after the collapse of FTX, the exchange that was originally accepted to acquire the lender’s assets. The ac...
Bitcoin News / Bitcoinist - 2 years ago
The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on a plan to seize Robinhood Markets shares related...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu has seen a rise of 3% during the last 24 hours, but the meme coin is still behind Solana in terms of market cap. Shiba Inu Has Enjoyed Uptrend In The Past Day, While Solana Declines 2022 was an abysmal year for both Shiba Inu and Solana, as...
Bitcoin News / Bitcoinist - 2 years ago
Nassim Nicholas Taleb has released a number of provocative comments on social media regarding bitcoin in 2022. The author of “The Black Swan” and “Antifragile” has compared the world’s largest cryptocurrency to a contagi...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin market has become extremely boring for traders over the past few weeks. Volatility has fallen to historically low levels, but this could mean that a major move is imminent in the near future. As stated by analyst Charles Edwards of Caprio...
Bitcoin News / Bitcoinist - 2 years ago
The crypto industry has been rocked yet again with another scandal. And this time, the name of the entity in the spotlight is CoinDeal. The U.S. Securities and Exchange Commission released a report detailing the charges brought against eight individu...
Bitcoin News / Bitcoinist - 2 years ago
Following the rising speculation about the blockchain, the official Twitter account of Shiba Inu’s Shibarium network on January 4 made a post clearing the false speculation. This comes amid the current anticipation of the network beta launch. Particu...
Bitcoin News / Bitcoinist - 2 years ago
As the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) approaches its final deadlines before Judge Analisa Torres is set to deliver her verdict, American journalist Charles Gasparino made an allegation that the...
Bitcoin News / Bitcoinist - 2 years ago
The Indonesian Financial sector is undergoing a comprehensive reform that extends to the cryptocurrency industry. As part of the reforms, crypto assets trading oversight will be handed over to the Financial Services Authority (FSA). The Commodity Fut...
Bitcoin News / Bitcoinist - 2 years ago
At a time when the crypto market is seeing low prices, another meme coin called BONK has entered the race. This coin, unlike its predecessors, is on the Solana blockchain and is now cementing itself as the most successful meme coin to come out of the...
Bitcoin News / Bitcoinist - 2 years ago
Crypto payments on e-commerce platforms are booming despite market conditions, with Cardano (ADA) and Binance Coin (BNB) entering the top 10 most spend crypto. According to a report from payment processor Coingate, people spent a lot of their crypto...
Bitcoin News / Bitcoinist - 2 years ago
The debacle between the Gemini exchange and crypto lender Genesis, and by extension, Digital Currency Group (DCG), has grown heated over the last couple of weeks. Now, with Gemini customers and creditors turning the heat up on the exchange to recover...
Bitcoin News / Bitcoinist - 2 years ago
Something big just happened on the Bitcoin blockchain. Crypto analytics firm CoinMetrics noted that $8 trillion worth of transactions have been made on the crypto king blockchain. This means that more and more people are using Bitcoin to transact in...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from the New York Times (NYT), crypto exchange Coinbase (COIN) reached an agreement with the New York Department of Financial Services (NYDFS). The company will pay around $100 million to improve its account and background checks. Half...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin 7-day volatility is now at lows not seen in 2.5 years as boring price movement continues. Bitcoin 7-Day Volatility Now Sits At A Value Of Just 0.7% According to the latest weekly report from Arcane Research, the BTC volatility...
Bitcoin News / Bitcoinist - 2 years ago
The National Crime Agency (NCA) of the United Kingdom is forming a team that will be responsible for handling issues pertaining to crypto crimes. This group of officials will primarily investigate unethical practices in the industry. A job advertisem...
Bitcoin News / Bitcoinist - 2 years ago
The year 2022 was a difficult one for the broader crypto market. Bitcoin, the largest cryptocurrency in the world, suffered more than 60% in price decline, while the market lost more than $1.3 trillion in value. This drop means that investors have se...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin trading volume on Binance has now fallen to lows not observed since before the fee was removed. Bitcoin 7-Day Average Trading Volume On Binance Continues Decline As per the latest weekly report from Arcane Research, the market...
Bitcoin News / Bitcoinist - 2 years ago
With the prolonged crypto bear market ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, an ex-chief financial officer of two special...
