Bitcoin News / Bitcoinist - 11 months ago
This month of June has been one to forget for Bitcoin and its investors, with the flagship crypto experiencing significant price declines. A recent development shows that Bitcoin miners were largely responsible for these price drops with a wave of se...
Bitcoin News / Bitcoinist - 11 months ago
This week in crypto, the market is poised at a crucial juncture with several significant developments on the horizon. These are the top 5 cryptocurrencies to keep an eye on in the upcoming days. #1 Bitcoin: Testing Critical Price Levels Bitcoin’...
Bitcoin News / Bitcoinist - 11 months ago
EigenLayer, a popular provider of decentralized infrastructure, has declared a noteworthy improvement to the security of its EiganDA platform. The primary aim of this update is to strengthen defenses against Sybil and Distributed Denial of Service (D...
Bitcoin News / Bitcoinist - 11 months ago
Michael Saylor, the executive chairman of MicroStrategy, has ignited fresh debate about the potential of Bitcoin to reshape the global economy. In a recent podcast interview, Saylor painted a future where Bitcoin transcends its role as a digital curr...
Bitcoin News / Bitcoinist - 11 months ago
In a new report, US-based hedge fund Pantera Capital has posited Solana as the ‘Mac OS’ of blockchains, paralleling its developmental strategy and potential impact to that of Apple’s renowned operating system. Authored by Franklin B...
Bitcoin News / Bitcoinist - 11 months ago
Popular cryptocurrency portfolio tracker CoinStats is reeling from a security breach that exposed user wallets and sent scam notifications to mobile devices. The company has taken the drastic step of shutting down its platform entirely while they inv...
Bitcoin News / Bitcoinist - 11 months ago
The cryptocurrency kingdom is abuzz with chatter of a potential changing of the guard. Bitcoin, the undisputed king for over a decade, finds its dominance challenged by a restless altcoin army. Analyst Egrag Crypto has identified a critical juncture...
Bitcoin News / Bitcoinist - 11 months ago
Recent on-chain data suggests Bitcoin’s current woes might not yet be over as short-term holders continue to feel the heat. Bitcoin has failed to rebound significantly after a price decline in the past week, leaving many investors wondering whe...
Bitcoin News / Bitcoinist - 11 months ago
A popular crypto analyst has explained how the Bitcoin price could be at risk of further downside based on the current distribution of BTC supply around the price. This Bitcoin Price Range Holds A Critical Supply Barrier In a recent post on the X pla...
Bitcoin News / Bitcoinist - 11 months ago
One of Turkey’s most prominent crypto exchanges BtcTurk has suffered a cyber attack leading to unauthorized access to some of its hot wallets. The exchange has reported some level of asset loss, however, they claim enough financial stability to overc...
Bitcoin News / Bitcoinist - 11 months ago
Crypto analyst Willy Woo recently explained what needs to happen for Bitcoin to continue its bull run. The flagship crypto has been on a decline for a while now and has failed to make a significant run since hitting its current all-time high (ATH) of...
Bitcoin News / Bitcoinist - 11 months ago
American rapper and actor 50 Cent was recently at the center of a meme coin saga on the Solana network. The rapper refuted promoting the GUNIT meme coin, claiming his X (formerly Twitter) account was hacked by individuals pushing the cryptocurrency....
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin’s price dynamics have taken a significant turn as the $64,515 support level, once a crucial foundation, has now transformed into a formidable resistance after being breached. This pivotal change underscores a shift in market sentiment,...
Bitcoin News / Bitcoinist - 11 months ago
Solana meme coin, Dogwifhat (WIF), has crashed below $2 this week, witnessing double-digit declines as investor interest in the popular meme coin begins to wane. Dogwifhat Crashes 26% The price of Dogwifhat is currently trading at $1.8 as the doggy...
Bitcoin News / Bitcoinist - 11 months ago
Shiba Inu (SHIB), the self-proclaimed “Dogecoin Killer,” is facing choppy waters. A recent colossal transfer by Robinhood, a leading crypto exchange, has given jitters to SHIB enthusiasts, raising questions about the future of meme coins....
Bitcoin News / Bitcoinist - 11 months ago
Asset management firm Fidelity has made further amendments to its application for an Ethereum (ETH) spot exchange-traded fund (ETF). This move comes as the investment giant and other applicants await the green light from the Securities and Exchange C...
Bitcoin News / Bitcoinist - 11 months ago
The Nigerian Securities and Exchange Commission (SEC) has launched a new initiative targeted at hastening the registration process of virtual asset service providers (VASP). According to the securities market regulators in the West African nation, t...
Bitcoin News / Bitcoinist - 11 months ago
US lawmakers continue to call for the release of the detained Binance executive Tigran Gambaryan. The ongoing saga between the crypto exchange and the Nigerian authorities intensified when several US Congress members sent a letter urging the Biden ad...
Bitcoin News / Bitcoinist - 11 months ago
An analyst explained that Bitcoin has historically seen recovery from bearish phases like the one the cryptocurrency is going through. Bitcoin Hash Ribbons Show Miner Capitulation Is Ongoing In a new post on X, analyst Willy Woo has discussed the rel...
Bitcoin News / Bitcoinist - 11 months ago
In a positive turn of events, the Shiba Inu burn rate has seen another notable spike. This time around, the activity, meaning the number of addresses participating in the burns, has seen a notable increase and the burned tokens have risen by over 1,1...
Bitcoin News / Bitcoinist - 11 months ago
In a landmark ruling, an Australian man has received a two-year prison term for committing identity theft and fraudulently setting up cryptocurrency exchange accounts. This case, adjudicated at the Melbourne County Court on June 17, underscores the i...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin might be weak at spot rates, sliding roughly 13% from $74,800 amid intense liquidation pressure. Even as prices retract from all-time highs and $66,000 proves to be a mirage, analysts are upbeat about what lies ahead. Most expect the coin to...
Bitcoin News / Bitcoinist - 11 months ago
A crypto analyst has predicted that cryptocurrency payments company, Ripple could be the next high-valuation company, similar to Amazon and Facebook. This prediction comes as XRP witnesses poor performance amidst market volatility and Ripple’s ongoin...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin continues to experience significant gloomy price movement, fueling a broader negative sentiment in the entire cryptocurrency market, which has led to heightened uncertainties among investors and traders. Despite this pessimistic movement in t...
Bitcoin News / Bitcoinist - 11 months ago
In a bold political move, the Winklevoss twins, renowned for their early investment in Bitcoin and co-founding the cryptocurrency exchange Gemini, have each contributed $1 million in Bitcoin to the reelection campaign of former President Donald Trump...
