Bitcoin News / Bitcoinist - 9 months ago
At the recent Bitcoin conference in July, popular crypto-friendly senator Cynthia Lummis announced plans to introduce a bill that will allow the US government to adopt Bitcoin as a strategic reserve asset. Five days later since Lummis’ declarat...
Bitcoin News / Bitcoinist - 9 months ago
The Ethereum price performance has been a major source of concern for investors over the past few weeks, persisting in a downward trend. What makes the token’s struggles even more worrying is that it has not shown any signs of relief despite the rece...
Bitcoin News / Bitcoinist - 9 months ago
Over 2,200 letters addressed to US senators within only 48 hours asking their support have given the proposed Bitcoin Strategic Reserve law great momentum. This grassroots initiative fits with the recent Bitcoin Act proposal by Senator Cynthia Lummis...
Bitcoin News / Bitcoinist - 9 months ago
Crypto analyst CrediBULL Crypto provided a market analysis on Pepe (PEPE), Ethereum (ETH), and XRP. Based on his analysis, PEPE could hit a new high soon enough, seeing how it has ranged since hitting a new all-time high (ATH) in May. A Price Rally...
Bitcoin News / Bitcoinist - 9 months ago
In a surprising twist, the Islamic State (IS) group is now advocating for cryptocurrency use to support its terrorist operations as long as it follows the tenets of the Sharia law, a new report has disclosed. Compiled by the UN’s Analytical Su...
Bitcoin News / Bitcoinist - 9 months ago
The price of XRP has recently experienced significant bearish momentum, leading to the breakthrough of a crucial support level at $0.5724. As the cryptocurrency surpasses the key support mark, it signals a significant shift in market sentiment, incre...
Bitcoin News / Bitcoinist - 9 months ago
The cryptocurrency market has experienced a significant downturn over the past 24 hours, with assets such as Shiba Inu showing losses. A comprehensive review of CoinMarketCap reveals that the top 30 cryptocurrencies by market capitalization have reco...
Bitcoin News / Bitcoinist - 9 months ago
There have been speculations that the US government has sold a significant portion of its Bitcoin holdings following its recent transfer. On-chain data has helped clear up these rumors and showed exactly what the US government did with the $2 billion...
Bitcoin News / Bitcoinist - 9 months ago
Bankrupt crypto lender Genesis Global Capital has now completed its restructuring process and began debt repayment to creditors. This development comes amidst reports of Genesis making large-scale network transactions in the last day. Genesis Moves...
Bitcoin News / Bitcoinist - 9 months ago
Indeed, the Bitcoin price performance has been one of the high points in the crypto landscape in recent weeks. However, the premier cryptocurrency has not exactly made a dreamy start to the new month, sparking conversations about the coin’s history i...
Bitcoin News / Bitcoinist - 9 months ago
Bybit, a well-known cryptocurrency exchange, said it would stop serving French users on August 2. This was a surprise move that shows how strict regulators are becoming. The decision comes after the Autorité des Marchés Financiers (AMF), France̵...
Bitcoin News / Bitcoinist - 9 months ago
As the 2024 US presidential race heats up, a new frontier for political betting has emerged in the crypto world. Platforms like Polymarket, Kalshi, and PredictIt are seeing a surge in wagers on election outcomes, even as US regulators crack down on t...
Bitcoin News / Bitcoinist - 9 months ago
Amid the growing adoption of cryptocurrency, the Federal Bureau of Investigation (FBI) has highlighted a worrying trend: scammers masquerading as legitimate cryptocurrency exchange employees. While this scamming process might be old news, the report...
Bitcoin News / Bitcoinist - 9 months ago
Former NBA player Scottie Pippen launched the Game 5 Ball (BALL) project, a real-world asset (RWA) project to tokenize the “legendary 1991 Game 5 championship ball.” After the launch, Pippen and the project were accused of rugging over 100 Ether (ETH...
Bitcoin News / Bitcoinist - 9 months ago
Decentralized smart contract platform Fantom has undergone a transformation, rebranding itself as Sonic Labs in preparation for the upcoming launch of Sonic, an Ethereum Virtual Machine (EVM). The rebrand was officially announced via X on August 1, w...
Bitcoin News / Bitcoinist - 9 months ago
In the current cycle, meme coins have managed to overshadow utility coins, with the likes of Dogecoin and Shiba Inu remaining prominent players. However, given how much Dogecoin and Shiba Inu have already grown, crypto investors see limited upside fo...
Bitcoin News / Bitcoinist - 9 months ago
Data shows a large amount of cryptocurrency longs have found liquidation in the past day after the volatility Bitcoin and others have gone through. Bitcoin Price Action Has Been A Rollercoaster During The Last 24 Hours Bitcoin has seen some wild pric...
Bitcoin News / Bitcoinist - 9 months ago
Bitcoin as a strategic reserve asset in the United States is witnessing significant reactions from the cryptocurrency industry as Dennis Porter, the Chief Executive Officer (CEO) and co-founder of Satoshi Action Fund has revealed a huge wave of lette...
Bitcoin News / Bitcoinist - 9 months ago
Dogecoin (DOGE), the world’s largest meme coin by market capitalization, has received an unexpected status boost after Ethereum (ETH) founder, Vitalik Buterin, revealed that he holds a significant amount of DOGE tokens. This surprising endorsement ha...
Bitcoin News / Bitcoinist - 9 months ago
Charles Hoskinson, the founder of Cardano, has teased the imminent release of Hydra, a Layer 2 scaling solution via X. The announcement posted earlier today, August 2, reads, “Are you ready for Hydra at Rare Evo?” This tease precedes the...
Bitcoin News / Bitcoinist - 9 months ago
Vitalik Buterin knows just how to make an entrance. And he does it his own, unpredictable – and yet amusing – way. He arrived in Tokyo on July 30 for EDCON 2024, making an indelible impression. He wore a black, loose-fitting kimono with...
Bitcoin News / Bitcoinist - 9 months ago
Ethereum has been experiencing a prolonged period of bearish price action. The altcoin has been relatively quiet, with its price declining, leaving many investors and traders feeling uncertain. However, a notable bullish proponent continues behind th...
Bitcoin News / Bitcoinist - 9 months ago
Bitcoin is weak at spot rates, contracting from July 2024 peaks to below $66,000. As bears press on, targeting the round number at $60,000, bulls are optimistic, expecting a rebound in the coming sessions. Technically, the zone between $66,000 and $7...
Bitcoin News / Bitcoinist - 9 months ago
MicroStrategy (Nasdaq: MSTR) announced it is preparing to significantly increase its Bitcoin holdings by raising $2 billion through a new at-the-market equity offering. The announcement came after the market closed on Thursday, following a report of...
Bitcoin News / Bitcoinist - 9 months ago
Since the Solana blockchain experienced a rise in failed transactions in April, due to the memecoin frenzy, several members of the community have been quite uncertain about the network. However, Marty Party, host of Crypto Traders Club Space has shed...
