Category : Bitcoinist

Bitcoinist

Will The Bitcoin Price Close Out July In Green Or Red? Historical Data Gives Direction

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India Government Ignores Crypto: No Mention in Union Budget 2024-25

The release of India’s Union Budget for 2024-25 has left a significant portion of the country’s population pondering its implications, particularly the cryptocurrency community, which finds itself at a standstill. On July 23, the budget b...

Sayonara! Gate.io Announces Withdrawal From Japanese Crypto Market

One of the most well-known bitcoin exchanges worldwide, Gate.io, has decided to terminate all services available in Japan. Effective July 22, this retreat signals a dramatic change in the operational scene of the exchange. In an announcement Monday,...

Shiba Inu’s Shibarium Takes A Beating Across Major Metrics, A Cause For Alarm?

Recent price action indicates that Shiba Inu (SHIB) is currently underperforming compared to other major cryptocurrencies. Over the past seven days, SHIB has experienced a significant decline of 7.26%, and in just the last 24 hours, the token has fal...

Bitcoin Miner Capitulation Almost Over: What It Means For Price

On-chain data shows the Bitcoin mining revenue has neared its yearly average, a sign that capitulation could be coming to a close for miners. Bitcoin Miner Revenue Is Now Close To Its 365-Day SMA In a new post on X, analyst James Van Straten has disc...

Supporting Innovation: Bitwise Pledges 10% Of Ethereum Spot ETF To Open-Source Developers

As excitement regarding the launch of the much-anticipated Ethereum Spot Exchange-Traded Funds (ETFs) brews, asset management company, Bitwise, in a groundbreaking move for the crypto industry is set to donate a portion of its profits from its ETH sp...

Are Spot Ethereum ETFs Bullish For ETH Price? Analyst Reveals Bullish Setup

There have been many discussions and opinions about how much the Spot Ethereum ETFs will affect the ETH price. Crypto analyst and trader Raman has also joined the conversation and revealed how these funds provide upside catalysts for Ethereum. How T...

Best Bitcoin Casinos in 2024 (July) Crypto Casino With BTC Games

Bitcoin casinos have become hugely popular platforms for online gamblers to play a vast array of games, ranging from classics such as Blackjack and Roulette to a wide variety of Slots, all using digital currencies like Bitcoin. This article compares...

Expert Raises Red Flag On Coinbase’s Role In Bitcoin And Ether ETFs

On Monday, the US Securities and Exchange Commission (SEC) approved nine spot Ethereum Exchange Traded Funds (ETFs). Coinbase, the leading US cryptocurrency exchange, responded with enthusiasm on X. It noted its integral role as a custodian for the v...

Odds Of Trump Announcing A Strategic Bitcoin Reserve Slim: Prediction Platform

Polymarket bookmakers report that the chances of Former President Donald Trump declaring a US Bitcoin strategic reserve have dropped. At first, speculations abound that Trump would reveal a daring strategy to include Bitcoin into the US strategic res...

Spot Ethereum ETFs Launch: Here’s Why ETH Has Turned The Regulatory Corner

Ethereum prices recoiled yesterday but are stable when writing. Today, July 23, nine spot Ethereum ETFs began trading on various regulated bourses, mainly the Cboe, Nasdaq, and the NYSE. This listing comes barely two months after the United States S...

Binance Completes Quarterly BNB Burn, Here’s How Many Tokens Were Burned

Binance has officially completed another quarterly BNB token burn, eliminating millions of tokens in just one day. While this event is positive news for the Binance Coin (BNB) community, the price of BNB has yet to show any bullish response to the si...

Urgent: Terra Community Must File Crypto Loss Claims For Voting Rights Now

The United States Bankruptcy Court for the District of Delaware has announced that stakeholders of Terraform Labs Pte. Ltd. (TFL) and Terraform Labs Limited (TLL) are required to submit their preliminary Crypto Loss Proofs of Claim by August 21, 2024...

Democrats Poised To Win Back Crypto Voters Amid Biden’s Departure – Expert

Popular crypto advocate and Chief Legal Officer (CLO) of Variant Fund has highlighted a significant opportunity for the Democratic Party in the United States following incumbent President Joe Biden’s recent disclosure of forfeiting the upcoming...

Bangkok Bound: ApeCoin DAO Eyes Ape-Themed Hotel In City Center

The developers of ApeCoin (APE) have grand plans to launch an authentic hotel in the bustling Thai capital of Bangkok. The hotel concept would provide a range of facilities meant to appeal to the general public as well as BAYC aficionados. These com...

Who Holds Bitcoin? New Report Unmasks US Owners

A new study conducted by the Nakamoto Institute has unveiled surprising insights into the demographics of Bitcoin ownership in the United States, challenging several popular assumptions about the typical cryptocurrency investor. The research, spearhe...

English Football Club Buys $4.5 Million In Bitcoin For Premier League Promotion Strategy

Over the weekend, English Football club Real Bedford FC (RBFC) announced it had bought $4.5 million in Bitcoin to add to its treasury. The move is part of the non-league club’s long-term strategy to get promoted to the Premier League. The club’s drea...

$110 Million Crypto Longs Erased As Bitcoin Retraces After Recovery Past $68,000

Data shows that the crypto derivatives market has seen high long liquidations in the past day, as Bitcoin tumbled after its recovery of $68,000. Bitcoin Has Been Going Through Some High Volatility Recently The past couple of weeks have seen Bitcoin s...

TON Blockchain And Animoca Brands Unveil $20M Initiative To Reach 1.6 Billion Users

On Monday, Hong Kong-based gaming software company Animoca Brands, The Open Network (TON) blockchain, Moca Network, and the MOCA Foundation announced a new partnership to catalyze the adoption of the Open Network ecosystem and establish its position...

ETH Price Could Crash Despite Spot Ethereum ETFs Euphoria, Analyst Explains Why

With the Spot Ethereum ETFs expected to begin trading on Tuesday, July 23, expectations for the ETH price have shot up drastically. Numerous analysts and market experts have come forward to predict that it would be a great development for the ETH pri...

Bitcoin Demand Could Be In Early Stages Of Recovery, CryptoQuant Head Explains Why

The CryptoQuant Head of Research has explained how the demand for Bitcoin could be in its early stages of recovery, as per on-chain data. Bitcoin Apparent Demand Metric Has Shown Early Signs Of Flipping In a new post on X, Julio Moreno, the Head of R...

Profit from the Dip: Hong Kong To Debut Asia’s First Inverse Bitcoin ETF — Here’s When

On July 23, Hong Kong will mark a significant milestone in the crypto financial product domain by introducing Asia’s first inverse Bitcoin exchange-traded fund (ETF), according to a local media outlet, South China Morning Post. According to the...

WazirX Moves To Recover $150 Million In Shiba Inu, Ethereum And Others With Bounty Program

Following a hack attack that resulted in the theft of millions of dollars worth of Shiba Inu (SHIB), Ethereum (ETH) and other coins, WazirX has launched an official bounty program. The prominent Indian exchange has promised to reward anyone who assis...

BREAKING: Spot Ethereum ETFs Get SEC Nod, Debut Set For Tomorrow

Spot Ethereum ETFs (exchange-traded fujnds) are ready to hit the market, marking a significant milestone for the cryptocurrency industry following approval by the Securities and Exchange Commission (SEC) on Monday. Spot Ethereum ETFs Set To Launch O...

93% Of All Bitcoin Addresses Are Profitable As Miners Aggressively Accumulate

Bitcoin is firm when writing, floating higher and above $60,000. Even as the uptrend appeared labored and momentum waning, there are signs that all is well, at least from the profitability angle. 93% Of Bitcoin Addresses Are In The Money As of July...

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