Bitcoin News / Bitcoinist - 1 year ago
Solana and Ethereum are the clear competitors in the epic battle of supremacy. Though Ethereum was the first smart contracts platform, there are inherent problems like scalability that new chains like Solana and Cardano, for example, aim to solve.
So...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the 7-day average Bitcoin mining hashrate has just witnessed its largest plunge since the China ban back in 2021.
Bitcoin Mining Hashrate Has Just Observed The Sharpest Drop In 3 Years
The “mining hashrate” refers to a...
Bitcoin News / Bitcoinist - 1 year ago
Simon McLoughlin, the Chief Executive Officer (CEO) of Uphold, a cloud-based financial services platform, has expressed optimism about the XRP price outlook despite the cryptocurrency’s stagnant price. McLoughlin predicts that the XRP price could sur...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development, the US Department of Justice (DOJ) has indicted Bill Guan, the Chief Financial Officer of Epoch Times, a global newspaper and media company, on allegations of participating in a scheme to launder approximately $67 millio...
Bitcoin News / Bitcoinist - 1 year ago
Deutsche Bank has taken a significant stride by forming a partnership with Bitpanda, a leading cryptocurrency platform.
This collaboration represents a pivotal step towards integrating traditional banking frameworks with the crypto sector, aiming to...
Bitcoin News / Bitcoinist - 1 year ago
Since launching, the Spot Bitcoin ETFs have achieved immense success with mass adoption, which they have enjoyed among institutional investors. Thanks to this, inflows into these funds have accounted for most of the inflows that their respective issu...
Bitcoin News / Bitcoinist - 1 year ago
Thailand has taken its first tentative steps into the world of Bitcoin with the launch of a unique exchange-traded fund (ETF) aimed at high net-worth individuals and institutions. This comes amidst a global surge in interest in cryptocurrencies, but...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin rose to as high as $70,000 on June 3, signaling a bullish outlook for the flagship crypto. This price surge is believed to be due to some recent developments that are positive for the Bitcoin ecosystem.
Interest Rate Cuts Could Come In Septe...
Bitcoin News / Bitcoinist - 1 year ago
The Securities and Exchange Commission (SEC) of Thailand has officially approved One Asset Management (ONEAM) to launch the country’s first spot Bitcoin exchange-traded fund (ETF), a landmark decision in the nation’s financial sector. This ETF...
Bitcoin News / Bitcoinist - 1 year ago
Floyd Mayweather, the undefeated boxing champion, seems to be facing a different kind of knockout in the cryptocurrency arena. Blockchain investigator ZachXBT has landed a flurry of accusations, calling Mayweather out for promoting yet another suspic...
Bitcoin News / Bitcoinist - 1 year ago
Amidst the economic challenges in the global landscape, crypto advocate and popular Pro-XRP lawyer John E. Deaton has publicly targeted US Senator Elizabeth Warren, holding her accountable for the current administration’s anti-innovation approa...
Bitcoin News / Bitcoinist - 1 year ago
In a recent interview with The Defiant, David Schwartz, Chief Technology Officer at Ripple, shed light on the security mechanisms of the XRP Ledger and the theoretical attack strategies it could face. Schwartz explained that unlike Proof-of-Work syst...
Bitcoin News / Bitcoinist - 1 year ago
Cryptocurrency markets are defying historical patterns in 2024. Instead of a summertime slowdown, investors are injecting billions into crypto funds, shattering year-to-date records. This surge coincides with the long-awaited approval of spot Bitcoin...
Bitcoin News / Bitcoinist - 1 year ago
On Monday, NSA whistleblower Edward Snowden once again expressed his support for Bitcoin (BTC). Snowden’s statement came in the wake of a significant market disruption that saw Berkshire Hathaway shares plummet by 99% due to a technical glitch...
Bitcoin News / Bitcoinist - 1 year ago
Recent data shows that Kraken, one of the premier crypto exchanges in the market, has witnessed its largest outflows of Bitcoin (BTC) and Ethereum (ETH) since 2017. This signals a significant shift in digital asset holdings, which could have broad im...
Bitcoin News / Bitcoinist - 1 year ago
Data shows that Bitcoin short-term holders have seen a decrease in their realized profit, a sign that their appetite for harvesting gains may be diminishing.
Bitcoin Short-Term Holders Are Realizing Much Fewer Profits Now
As explained by CryptoQuant...
Bitcoin News / Bitcoinist - 1 year ago
A Chinese crypto trader shared his experience after losing most of his savings from Binance due to a Chrome plugin exploit. The trader called out the exchange’s allegedly slow response that allowed his funds to be stolen.
Malicious Chrome Extension...
Bitcoin News / Bitcoinist - 1 year ago
According to Bloomberg, Michael Saylor, the chairman of business intelligence software company MicroStrategy and a Bitcoin (BTC) bull, has agreed to pay $40 million to settle a tax fraud lawsuit.
The lawsuit, filed by the attorney general’s of...
Bitcoin News / Bitcoinist - 1 year ago
Chamath Palihapitiya, a well-known billionaire investor, has joined the dialogue about future Bitcoin Halving events and their implications for the asset in the long term.
According to the Billionaire, this notable event that occurs in the Bitcoin ec...
Bitcoin News / Bitcoinist - 1 year ago
The Hong Kong Securities and Futures Commission (SFC) has recently granted initial approval to 11 cryptocurrency exchanges to continue operating in the city.
This marks the first step towards issuing virtual asset trading platform (VATP) licenses si...
Bitcoin News / Bitcoinist - 1 year ago
The Chief Executive Officer (CEO) of Ripple, Brad Garlinghouse, has taken an unexpected swipe at Dogecoin (DOGE), the largest meme coin by market capitalization. Garlinghouse has criticized Dogecoin, claiming it lacks real utility due to its meme-bas...
Bitcoin News / Bitcoinist - 1 year ago
Binance, one of the world’s leading cryptocurrency exchanges, has recently announced significant changes to its stablecoin regulations in Europe.
Starting from the end of June, Binance will begin restricting access to “unauthorized”...
Bitcoin News / Bitcoinist - 1 year ago
Data shows that Bitcoin trading volume has plummeted to extreme lows recently, a sign that investor interest in trading the asset is low.
Bitcoin Trading Volume Plunges As Price Continues To Move Sideways
According to data shared by CryptoQuant autho...
Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu, due to its large community, has often been the target of scams due to the trust of the community in the project. As a result, the team has taken to routinely remind the community of multiple scams targeting them, and the latest has come fr...
Bitcoin News / Bitcoinist - 1 year ago
At spot rates, Bitcoin is resilient, soaking in selling pressure and bouncing off the 20-day moving average, as evident in the daily chart. As BTC floats above $69,000, it appears that bulls are preparing for even more gains in the days ahead.
For n...