Bitcoin News / Bitcoinist - 7 months ago
According to a recent report by Jefferies, Bitcoin (BTC) mining profitability declined in September while the network hashrate continued to surge.
Bitcoin Mining Profitability On A Downtrend
In a report published on Sunday, investment bank Jefferies...
Bitcoin News / Bitcoinist - 7 months ago
Data shows the cryptocurrency derivatives sector has suffered a lot of liquidations as Bitcoin has rallied to the $66,000 mark.
Bitcoin Has Now Recovered To The $66,000 Level
The past day has been a great time for Bitcoin investors as the price has s...
Bitcoin News / Bitcoinist - 7 months ago
US Vice President Kamala Harris has pledged to support crypto regulation and digital assets in her new economic proposal, as various new media outlets reported on Monday. The bid comes after pro-crypto Republican candidate Donald Trump took the lead...
Bitcoin News / Bitcoinist - 7 months ago
Solana meme coins are rising in dominance, challenging those minted on Ethereum and even the first of them all, Dogecoin. While Dogecoin is the most valuable, it increasingly faces stiff competition from Pepe and Shiba Inu.
However, developers have...
Bitcoin News / Bitcoinist - 7 months ago
On 14 October, copycat cryptocurrencies named after SpaceX surged after the successful test launch of Elon Musk’s Starship. The coins that are not affiliated with Musk’s aerospace firm, SpaceX, garnered massive price spikes across the platform...
Bitcoin News / Bitcoinist - 7 months ago
According to a well-known Bitcoin (BTC) analyst, the ETFSwap (ETFS) tokens could see gains as high as 7,000% in the month of October, while the XRP price is expected to rise to $1. The Bitcoin (BTC) analyst’s predictions point to exciting times ahead...
Bitcoin News / Bitcoinist - 7 months ago
On-chain data shows the Bitcoin Illiquid Supply has shot up to a new all-time high (ATH) recently. Here’s what this could mean for the asset.
Around 74% Of The Circulating Bitcoin Supply Is Currently ‘Illiquid’
In a new post on X, a...
Bitcoin News / Bitcoinist - 7 months ago
The world’s largest meme coin, Dogecoin (DOGE) could see even more heated competition from its primary rival, Shiba Inu (SHIB). According to Shiba Inu’s lead marketer, Lucie, SHIB could potentially surpass Dogecoin, especially with Tesla Chief Execut...
Bitcoin News / Bitcoinist - 7 months ago
Samara Asset Group, a publicly listed German investment firm, has announced plans to raise up to €30 million ($32.8 million) through a senior secured Nordic bond issuance. The capital raise is aimed at expanding the company’s investment portfol...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin is at a pivotal turning point following the Federal Reserve’s interest rate cut over three weeks ago. Holding strong above the $60,000 mark, BTC is making strides toward new highs as the entire crypto market anticipates a potential rall...
Bitcoin News / Bitcoinist - 7 months ago
New reports show a significant 1,645% surge in whale activity around Dogecoin (DOGE), signaling growing interest and momentum for the dog-themed meme coin. Amidst this bullish development, a crypto analyst has confirmed that the Dogecoin bull market...
Bitcoin News / Bitcoinist - 7 months ago
Solana is currently in the spotlight, drawing stark attention from the general cryptocurrency market as the positive sentiment around the digital asset has experienced a significant upswing, solidifying its position in the industry as a leading asset...
Bitcoin News / Bitcoinist - 7 months ago
Australia is joining the global spot ETF frenzy courtesy of Monochrome’s Ethereum ETF (IETH). Monochrome’s announcement comes two months after the company launched its Bitcoin ETF (IBTC), which boasts a US$10.1 million investment since August last ye...
Bitcoin News / Bitcoinist - 7 months ago
The Bitcoin price is back above $64,000, sparking bullish sentiments that the long-awaited ‘Uptober’ rally is set to begin. Certain macro events are happening this week, which market participants should watch out for as they could impact the crypto m...
Bitcoin News / Bitcoinist - 7 months ago
Bitcoin’s recent price swings seem to have sparked a wave of uncertainty among retail and institutional investors as its Open Interest (OI) has witnessed a significant decline in light of several negative factors hindering the market, such as m...
Bitcoin News / Bitcoinist - 7 months ago
In a dramatic move that has shocked the crypto ETF community, a Ripple whale has invested a massive $300,000 into the ETFSwap (ETFS) presale, calling the XRP price “dead in the water.” As XRP struggles, the Ethereum-based token ETFSwap (...
Bitcoin News / Bitcoinist - 7 months ago
In a blog post released on October 14, Ethereum co-founder Vitalik Buterin outlined potential future enhancements for the Ethereum protocol, focusing on technical improvements to its proof-of-stake (PoS) system. Titled “Possible futures of the...
Bitcoin News / Bitcoinist - 7 months ago
Charles Hoskinson, the founder of Cardano, unveiled a framework for blockchain governance in his latest broadcast, introducing what he refers to as a “Bill of Rights” for the Cardano ecosystem. This initiative, centered around 11 foundati...
Bitcoin News / Bitcoinist - 7 months ago
If you think the four-year rift between Ripple Labs and the US Securities and Exchange Commission (SEC) is over, think again. In a series of X (Twitter) posts, Ripple executives shared their frustrations with the SEC after it ignored the court’s rece...
Bitcoin News / Bitcoinist - 7 months ago
In an update shared over the country’s news agency, the South African Revenue Service (SARS) has called taxpayers to declare their digital currencies and other crypto assets through its Voluntary Disclosure Programme (VDP).
Given the increasing popu...
Bitcoin News / Bitcoinist - 7 months ago
Recently, Mad Money host Jim Cramer said he would have no more objections to Vice President Kamala Harris if she were his favorite candidate in the November US presidential election. According to him, her policies would favor the huge corporations an...
Bitcoin News / Bitcoinist - 7 months ago
Michael Saylor’s aggressive Bitcoin strategy over the past few years has largely paid off for him and MicroStrategy, making the company now one of the largest corporate holders of Bitcoin. In a recent interview, Saylor unveiled an ambitious pla...
Bitcoin News / Bitcoinist - 7 months ago
Base, the Ethereum layer-2 scaling solution from crypto exchange Coinbase, has witnessed a surge in activity in the past two months and is now gunning for the top spot in the Ethereum ecosystem.
In an interesting development revealed by data from I...
Bitcoin News / Bitcoinist - 7 months ago
Crypto analysts have continued to make ambitious price targets regarding how high the Shiba Inu price and the Dogecoin price can rise in the long term. However, several factors indicate the Shiba Inu price and Dogecoin price might eventually reach th...
Bitcoin News / Bitcoinist - 7 months ago
Following a strong start to 2024, the Bitcoin price performance has been mostly disappointing all year, failing to capitalize on the strong momentum of the spot exchange-traded funds (ETFs). Despite its stop-start nature, BTC’s price action has...