Bitcoin News / Bitcoinist - 1 month ago
The current bearish state of the overall crypto market has triggered fears of a bear market since Bitcoin, the largest digital asset, continues to decline, reaching as low as $77,760. It is worth noting that BTC has been decreasing from its new all-...
Bitcoin News / Bitcoinist - 1 month ago
Crypto projects like Best Wallet token are ready to take off as Donald Trump eyes an executive order that would force the Federal Reserve to accept crypto banks into the system.
The measure comes as a response to Biden’s Operation Chokepoint 2.0, whi...
Bitcoin News / Bitcoinist - 1 month ago
Acting SEC Chairman Mark Uyeda announced on March 10 that the regulatory body is working on abandoning a potentially horrendous rule that would require crypto firms to register as exchanges.
The said rule would’ve broadened the spectrum of what...
Bitcoin News / Bitcoinist - 1 month ago
Time to Make Stablecoins Great Again – unless you’re Tether.
The world’s largest stablecoin, with a $120B market cap, looks like it could be left hanging after the US Senate moved to introduce the GENIUS stablecoin bill.
The bill focuses heavily on i...
Bitcoin News / Bitcoinist - 1 month ago
The Bitcoin market has been shaken by a substantial correction, dipping to a low of $76,589 before regaining ground above $80,000 at press time. Even with the recovery, the price remains down 27% from the all-time high of $109,900 reached on January...
Bitcoin News / Bitcoinist - 1 month ago
In a significant development for the crypto market in the United States, acting Securities and Exchange Commission (SEC) Chair Mark Uyeda announced plans to revise a controversial proposal requiring digital asset exchanges to register under alternati...
Bitcoin News / Bitcoinist - 1 month ago
Michael Saylor’s MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program.
Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an...
Bitcoin News / Bitcoinist - 1 month ago
Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged.
Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours
According to data from CoinGlass, a large amount...
Bitcoin News / Bitcoinist - 1 month ago
According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the ‘megaphone pattern’, positioning the top cryptocurrency for potential upside momentum. However, BTC must stay above the $72,000 price level for the pattern to...
Bitcoin News / Bitcoinist - 1 month ago
Utah’s State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox’s desk to be signed i...
Bitcoin News / Bitcoinist - 1 month ago
Shiba Inu is reeling from a sharp price crash, with on-chain data pointing to massive selling by large holders (whales) as the culprit. Over the past week, SHIB’s market value has dropped significantly alongside the rest of the industry, erasing rece...
Bitcoin News / Bitcoinist - 1 month ago
CoinShares, a prominent European digital asset manager, earlier today released its latest report on cryptocurrency investment flows. The findings revealed that digital asset investment products experienced their fourth consecutive week of outflows, t...
Bitcoin News / Bitcoinist - 1 month ago
Data shows the sentiment among the Bitcoin traders has deteriorated into extreme fear as BTC has plunged to start the new week.
Bitcoin Has Seen Another Setback To Kick Off Monday
Bitcoin renewed optimism among investors last week as its price showed...
Bitcoin News / Bitcoinist - 1 month ago
Dogecoin (DOGE), the number one meme coin, has since grown from an internet joke into a full-blown digital currency in the crypto space. Despite its rapid growth, the question remains: what would Dogecoin’s price be if it reached the market capitaliz...
Bitcoin News / Bitcoinist - 1 month ago
The Bitcoin and crypto market faces a week of pivotal events.
#1 Bitcoin (BTC)
All eyes are on Washington, D.C. as Bitcoin’s near-term trajectory may hinge on an event scheduled for March 11. Senator Cynthia Lummis, a vocal proponent of pro-Bitcoin a...
Bitcoin News / Bitcoinist - 1 month ago
Changpeng Zhao, Binance former CEO, remains an active commentator on the state of crypto’s affairs. In a recent Twitter/X post, CZ criticized the prevailing investment thesis and culture for many, which is primarily driven by greed and the quest for...
Bitcoin News / Bitcoinist - 1 month ago
The Dogecoin price has crashed over 12% in the last day, providing a bearish outlook for the foremost meme coin. This price crash has occurred due to several factors including the bearish sentiment following the White House Crypto Summit.
Why The D...
Bitcoin News / Bitcoinist - 1 month ago
Last week saw historic crypto events: Strategic Bitcoin Reserve (SBR)/ Digital Asset Stockpile (DAS), a Crypto Czar appointment (David Sacks), and the first Crypto Summit.
You’d think that with such significant announcements, the crypto markets would...
Bitcoin News / Bitcoinist - 1 month ago
The next time you go into your bank for a loan, don’t be surprised if your bank manager starts discussing the best crypto presales.
Banks have officially been given the green light to offer crypto services, thanks to Interpretive Letter 1183 (I...
Bitcoin News / Bitcoinist - 1 month ago
Ethereum (ETH) has been struggling around the $2,000 level, unable to regain higher ground as bulls fail to reclaim key resistance zones. Despite positive developments, such as Thursday’s U.S. Strategic Bitcoin Reserve executive order signed by Presi...
Bitcoin News / Bitcoinist - 1 month ago
Bitcoin continues to face massive selling pressure, with its price dropping below the $84,000 mark, marking a 15% decline since the start of March. This downturn has fueled panic selling and rising fear, with many investors now speculating whether Bi...
Bitcoin News / Bitcoinist - 1 month ago
The probability of a US recession jumped to 41% on Polymarket despite the federal labor report showing 151K new jobs last month and the unemployment rate being the lowest since March 2020.
Inflation is down almost 4% since its peak in 2022 but remain...
Bitcoin News / Bitcoinist - 1 month ago
Bitcoin advocate Samson Mow has once again shared a bold prediction about the world’s largest cryptocurrency. The Jan3 CEO now believes that Bitcoin could reach $1 million much sooner than his previous forecast of 2031.
His reasoning? A surge i...
Bitcoin News / Bitcoinist - 1 month ago
Internal Ripple emails from 2018—submitted in the US Securities and Exchange Commission (SEC) lawsuit over alleged unregistered securities sales—have resurfaced. These documents show that Ripple executives and staff actively discussed promoting the n...
Bitcoin News / Bitcoinist - 1 month ago
Uncertainty lingers around Bitcoin’s next price trajectory as the general crypto market undergoes a robust whirlwind triggered by political events, economic shifts, and waning investor sentiment. However, there is still a chance that the asset...