Bitcoin News / Bitcoinist - 1 year ago
This week, rumors online claimed that a crypto exchange was experiencing insolvency issues, worrying the community. Amid the uncertainty, users identified Bybit as the exchange with alleged problems.
On Wednesday, Bybit’s CEO Ben Zhou refuted the rum...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin Puell Multiple has dipped into the “undervalued” territory for the first time in more than a year.
Bitcoin Puell Multiple Has Observed A Plunge Recently
As an analyst in a CryptoQuant Quicktake post pointed...
Bitcoin News / Bitcoinist - 1 year ago
In a surprising turn, Tigran Gambaryan, a detained executive from the world’s largest cryptocurrency exchange, Binance, collapsed during a court session at the Federal High Court in Abuja, Nigeria.
Gambaryan, facing money laundering charges, e...
Bitcoin News / Bitcoinist - 1 year ago
In a strategic move, former United States President, Donald J. Trump has announced that his presidential campaign will be accepting donations in various cryptocurrencies. Supporters of the Trump campaign can now contribute using popular cryptocurrenc...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum is firm, trending higher, and outperforming the world’s most valuable coin, Bitcoin. Earlier today, Ethereum prices broke $3,900 before retracing sharply below $3,800 and bouncing back to spot rates.
In an attempt to explain the unexpe...
Bitcoin News / Bitcoinist - 1 year ago
Crypto asset manager and spot Bitcoin exchange-traded fund (ETF) issuer Grayscale has expanded its offerings by launching two new investment trusts.
These trusts, named Grayscale Near (NEAR) Trust and Grayscale Stacks (STX) Trust, aim to provide ins...
Bitcoin News / Bitcoinist - 1 year ago
Dogecoin co-founder Billy Markus (also known as Shibetoshi Nakamoto) has given an interesting prediction into how high Ethereum (ETH) could rise. He made this statement while suggesting that he invested heavily in the second-largest crypto token.
Et...
Bitcoin News / Bitcoinist - 1 year ago
In a landmark development for Ethereum (ETH) and the broader cryptocurrency market, the US Securities and Exchange Commission (SEC) has officially approved the long-awaited Ethereum ETFs applications submitted by the world’s largest asset manag...
Bitcoin News / Bitcoinist - 1 year ago
US-based cryptocurrency exchange Coinbase has made a significant move by reopening XRP trading for New York users despite the ongoing legal dispute between the decentralized platform Ripple and the US Securities and Exchange Commission (SEC).
This d...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that the Ethereum exchange net flows have been highly positive recently, a sign that selling may be taking place in the market.
Ethereum Exchange Netflows Have Seen A Spike Recently
In a new post on X, CryptoQuant head of research...
Bitcoin News / Bitcoinist - 1 year ago
Shibarium, the Ethereum Layer 2 network developed by the Shiba Inu team, has seen some remarkable growth since it launched in 2023. With the continuous usage, the network is on its way to reaching a new major milestone amid a notable 50% in its daily...
Bitcoin News / Bitcoinist - 1 year ago
As the crypto world anticipates the US Securities and Exchange Commission (SEC)’s decision on spot Ethereum ETFs, Samson Mow, CEO of Bitcoin adoption firm Jan3, has voiced skepticism about the potential of Ethereum-based ETFs compared to Bitcoi...
Bitcoin News / Bitcoinist - 1 year ago
PrimeXBT, a leading name in the Cryptocurrency trading industry, unveiled a comprehensive overhaul of its brand, website, and platform. This update reflects the broker’s mission to “democratise the financial markets” and “make an all-in-one pla...
Bitcoin News / Bitcoinist - 1 year ago
The Ethereum (ETH) community is in a tizzy after two prominent researchers from the Ethereum Foundation, Justin Drake and Dankrad Feist, disclosed their involvement with EigenLayer. This restaking protocol has emerged as a potential game-changer in t...
Bitcoin News / Bitcoinist - 1 year ago
Crypto analyst James Check (also known as Checkmatey) has predicted that Bitcoin could still make further moves to the upside. However, he warned about an “escape velocity” that could send the flagship crypto’s price spiraling down.
What The Escape...
Bitcoin News / Bitcoinist - 1 year ago
The long-awaited approval of a spot exchange-traded fund (ETF) for Ethereum in the US seems imminent, and industry insiders are already looking ahead. Solana, a high-speed blockchain network, is emerging as a potential frontrunner for the next crypto...
Bitcoin News / Bitcoinist - 1 year ago
The cryptocurrency industry has witnessed a monumental development, following a vote to pass the Financial Innovation and Technology for the 21st Century Act (FIT21) Crypto bill. However, United States Congressman Brad Sherman has voiced concerns reg...
Bitcoin News / Bitcoinist - 1 year ago
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framew...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has served an enforcement notice to Worldcoin, a crypto project co-founded by OpenAI’s CEO Sam Altman, asking them to cease operations. The resolution concludes the investigation...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development for the cryptocurrency industry, the First District Court of Appeals in Florida has unanimously ruled against a permanent ban on Binance, the world’s largest cryptocurrency exchange.
According to a Bloomberg Law re...
Bitcoin News / Bitcoinist - 1 year ago
The on-chain analytics firm Glassnode revealed in its latest weekly report that demand for Bitcoin has slowed recently.
Bitcoin Realized Cap Has Slowed Down Its Uptrend Recently
In its new report, Glassnode has discussed the latest development in the...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development for the recently approved Ethereum ETFs in Hong Kong, the ETF product launched by Chinese fund manager ChinaAMC has seen a significant increase in net inflows, reaching over HK$5 million (US$640,780) as of mid-day Wednesd...
Bitcoin News / Bitcoinist - 1 year ago
The idea of a Dogecoin (DOGE) exchange-traded fund (ETF) has been raised again. This is partly due to the positive sentiment around a potential approval of the Spot Ethereum ETFs, which crypto experts believe could open the door for other crypto fund...
Bitcoin News / Bitcoinist - 1 year ago
The United Kingdom’s Financial Conduct Authority (FCA) has officially approved the first set of crypto exchange-traded products (ETPs), marking a significant development in integrating digital assets into the country’s financial landscape...
Bitcoin News / Bitcoinist - 1 year ago
In the lead-up to the November elections, cryptocurrencies have become a prominent topic in the race for the White House. Notably, the Biden administration has changed its approach to digital asset regulation, likely influenced by former President Do...