Bitcoin News / Bitcoinist - 7 months ago
On Wednesday, video game developer FractureLabs filed a lawsuit against crypto market maker Jump Trading. The lawsuit, reported by Bloomberg, accuses Jump of “fraud and deceit” in connection with the manipulation of the price of the DIO t...
Bitcoin News / Bitcoinist - 7 months ago
Less than three weeks before the US elections, former President Donald Trump is holding steady, at least according to the betting markets. According to Polymarket, users bet on a nearly 59% chance that Trump will win over his Democratic Party rival,...
Bitcoin News / Bitcoinist - 7 months ago
Stuart Alderoty, Chief Legal Officer (CLO) of Ripple Labs, has provided his expected timeline for the appeals process in the case against the US Securities and Exchange Commission (SEC). His prediction provides insight into the procedural steps that...
Bitcoin News / Bitcoinist - 7 months ago
Following a rebound in the general market, major digital assets like Dogecoin have seen notable growth, attracting strong sentiment from investors and prompting several bullish price outlooks from enlightened crypto experts about DOGE’s potenti...
Bitcoin News / Bitcoinist - 7 months ago
TD Bank, one of the largest financial institutions in the US, has come under intense crypto scrutiny after being hit with the largest penalty ever imposed under the Bank Secrecy Act (BSA). The $3.09 billion fine stems from allegations of failing to r...
Bitcoin News / Bitcoinist - 7 months ago
The crypto industry in the US may see more support under Kamala Harris’ leadership compared to the current Joe Biden administration. Harris More Supportive Than Biden, Trump ‘Undoubtedly’ More Favorable Alex Thorn, Head of Research at Galaxy Research...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows the Bitcoin ‘Apparent Demand’ indicator has flipped back to positive. Here’s what this could mean for the asset’s price. Bitcoin Apparent Demand Has Surged Back Into Positive Territory In a new post on X, K...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows around 91% of all Bitcoin holders have entered into the green following the latest rally towards the $66,000 level. Bitcoin Has Enjoyed Sharp Bullish Momentum Recently Bitcoin has kicked off the new week on a positive note as its...
Bitcoin News / Bitcoinist - 7 months ago
Kenya Revenue Authority (KRA) announced its plan to switch its outdated system to a more efficient one as part of its tax system reform. The new system, powered by emerging technologies, is set to track crypto transactions in real time to fight tax e...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin is trading at September highs, retracing after breaking above $66,000 on October 14. Although the coin is trading lower at spot rates, the path of least resistance appears northwards, and the trend is shifting, aligning with gains of Q1 2024....
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin is at a critical turning point after the Federal Reserve’s interest rate cut over three weeks ago. The price is above the $65,000 mark, setting the stage for a potential push to new highs. Market sentiment is increasingly optimistic, w...
Bitcoin News / Bitcoinist - 7 months ago
Tether Holdings, the issuer of the world’s largest stablecoin, USDT, is reportedly exploring lending options for commodities trading companies as it seeks new ways to deploy this year’s profits amid the broader market recovery. According...
Bitcoin News / Bitcoinist - 7 months ago
In the 2021 bull run, Dogecoin hitting an $80 billion market cap marked a new all-time high (ATH) for the foremost meme coin. This time would be different if the meme coin reached this market cap, as its price would still be below its current ATH of...
Bitcoin News / Bitcoinist - 7 months ago
Have crypto fraudsters infiltrated the local government in Asia? It seems the answer is yes as information linking a former Philippine mayor to a crypto scam group operating in Asia surfaced. This is an indicator of the growing concern about crypto s...
Bitcoin News / Bitcoinist - 7 months ago
The eighth edition of Ripple’s Swell Conference commences today in Miami, Florida, gathering prominent figures in payments, financial services, blockchain, digital assets, regulation, and economic policy. The company announced via X: “Mar...
Bitcoin News / Bitcoinist - 7 months ago
The cryptocurrency space is beginning to heat up as Shiba Inu bulls are priming to take their positions in the market. However, this emerging Ethereum-based token, ETFSwap (ETFS), is capturing the attention of crypto enthusiasts with its prediction o...
Bitcoin News / Bitcoinist - 7 months ago
The Bitcoin price started this week on a high in what was an unprecedented move for many market participants. After spending the early days of October to disappoint investors, the Bitcoin price banged over $66,000 for the first time in many weeks. I...
Bitcoin News / Bitcoinist - 7 months ago
The cryptocurrency market has been showing concerning signs of market activity for investors. Alarmingly, Shiba Inu (SHIB) and Ripple (XRP) have experienced downward price trajectories recently. In contrast, ETFSwap (ETFS) has caught the attention of...
Bitcoin News / Bitcoinist - 7 months ago
Given that the market has recently driven up the price of Bitcoin once again to the pivotal $65,000 level, traders and investors are currently seeing huge profits from their positions, especially holders of the crypto asset in the short term. Short-T...
Bitcoin News / Bitcoinist - 7 months ago
Shiba Inu (SHIB) has witnessed a massive spike in its burn rate in the last 24 hours, providing a bullish outlook for the second-largest meme coin by market cap. This development is significant as the surge in the Shiba Inu burn rate could help spark...
Bitcoin News / Bitcoinist - 7 months ago
In a notable development for the cryptocurrency market, asset management firm Canary Capital has officially filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the first spot Litecoin ETF in the country....
Bitcoin News / Bitcoinist - 7 months ago
Spot Bitcoin US exchange-traded funds (ETFs) are roaring today, recording the highest inflow in four months as a total sum of $556 million streamed into 12 funds. Coincidentally, by the time the inflow was received, Bitcoin was rebounding as it touch...
Bitcoin News / Bitcoinist - 7 months ago
Charles Hoskinson, the founder of Cardano, has revealed substantial progress in the development and research of new protocols. Via X, Hoskinson stated: “Ouroboros Peras is one of the best prototyped protocols we have—a literate Agda specificati...
Bitcoin News / Bitcoinist - 7 months ago
During BlackRock’s third-quarter earnings call, CEO Larry Fink articulated a strong endorsement of Bitcoin and digital assets. Fink’s commentary not only underscored Bitcoin as a standalone asset class but also paralleled its burgeoning s...
Bitcoin News / Bitcoinist - 7 months ago
The cryptocurrency market witnessed a significant influx of investments last week, as notable factors played a key role in shifting investor sentiment. According to the latest report from CoinShares, digital asset investment products saw $407 million...
