Bitcoin News / Bitcoinist - 2 months ago
Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible. Ethereum Net...
Bitcoin News / Bitcoinist - 2 months ago
The price of BTC could be stuck in consolidation for longer than initially anticipated, as the latest on-chain data shows that the Bitcoin Coinbase Premium Index has dropped back beneath zero. What does this dwindling metric signal for the premier cr...
Bitcoin News / Bitcoinist - 2 months ago
As the global bitcoin markets pick up steam again, Hong Kong and Singapore, two of Asia’s financial giants, are vying to become the top cryptocurrency destinations. Both cities are exploring regulatory changes and investment-friendly rules in a...
Bitcoin News / Bitcoinist - 2 months ago
The meteoric rise of Bitcoin and other cryptocurrencies has fascinated the financial world and beyond. However, as cryptocurrencies have grown in popularity, concerns have also been raised about their impact on the environment. The energy-intensive p...
Bitcoin News / Bitcoinist - 2 months ago
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Bitcoin News / Bitcoinist - 2 months ago
Bitcoin has experienced frustrating price action in recent weeks, leaving investors impatient about its short-term direction. The price has been testing crucial supply levels between $98K and $100K, struggling to break out as uncertainty dominates th...
Bitcoin News / Bitcoinist - 2 months ago
In a move that many in the crypto industry view as a positive signal, the US Securities and Exchange Commission (SEC) has officially discontinued its investigation into OpenSea, the leading NFT marketplace. This decision concludes months of uncertain...
Bitcoin News / Bitcoinist - 2 months ago
The possibility of FTX’s co-founder Sam Bankman-Fried (SBF) being released from prison has arisen again. This comes following his latch ditch political efforts to gain a presidential pardon from Donald Trump. Sam Bankman-Fried Seeks To Gain Favor Fro...
Bitcoin News / Bitcoinist - 2 months ago
In the fast-paced world of artificial intelligence, Elon Musk’s xAI is setting its sights on something truly groundbreaking. The company, known for its innovative approach to AI, is looking to scale up the graphics capabilities of its AI model, Grok...
Bitcoin News / Bitcoinist - 2 months ago
The cryptocurrency industry just scored a major victory with the SEC’s decision to drop its lawsuit against Coinbase. Brian Armstrong, the CEO of Coinbase, shared the news on X, and it has sent shockwaves throughout the crypto world. This mar...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin is showing signs of strength as buyers step in following a period of heightened volatility. After experiencing a sharp price drop near $100,000, BTC has found temporary stability, suggesting that selling pressure may be easing. This newfound...
Bitcoin News / Bitcoinist - 2 months ago
Shiba Inu’s Shibarium has suffered a heartbreaking decline in activity, dropping to new lows not seen in a long while. Reports reveal that the Layer 2 network has seen its daily transaction count plummet by over 96%, signaling a slowdown in user enga...
Bitcoin News / Bitcoinist - 2 months ago
The price of Bitcoin looked set to reclaim $100,000 on Friday, rallying on the back of the United States Securities and Exchange Commission’s (SEC) decision to drop the lawsuit against crypto exchange Coinbase. However, the premier cryptocurren...
Bitcoin News / Bitcoinist - 2 months ago
Blockchain software company Consensys has submitted a letter to the US Securities and Exchange Commission (SEC) urging the withdrawal of a proposed definition amendment that could classify DeFi protocols as part of securities exchanges. The US-based...
Bitcoin News / Bitcoinist - 2 months ago
Kanye West, also known as Ye, is once again generating headlines, this time in the cryptocurrency space. The controversial musician and entrepreneur has announced the launch of his cryptocurrency, YZY, with the objective of creating a financial envir...
Bitcoin News / Bitcoinist - 2 months ago
Franklin Templeton, one of the world’s largest asset management firms, has submitted a proposal to the United States Securities and Exchange Commission (SEC) to issue a spot Solana ETF (exchange-traded fund). The asset manager joins several oth...
Bitcoin News / Bitcoinist - 2 months ago
Bybit, a popular crypto exchange, is reeling from the massive hack worth $1.5 billion in digital assets. According to reports, the hackers targeted the crypto exchange’s cold wallet, an offline storage system, to steal the exchange’s assets, pr...
Bitcoin News / Bitcoinist - 2 months ago
Following a brief ascent above $99,000 on Friday, the Bitcoin market experienced a negative end to the past trading week as prices crashed below $96,000 in a sharp descent. Based on these happenings, the premier cryptocurrency remains in consolidatio...
Bitcoin News / Bitcoinist - 2 months ago
Ethereum is trading below the $2,700 mark after days of struggling to reclaim it and push above $2,800. Bulls have been unable to gain momentum, and selling pressure has kept ETH below key resistance levels. On Friday, the market was hit with negati...
Bitcoin News / Bitcoinist - 2 months ago
VanEck has announced a bold prediction that Bitcoin will play a critical role in managing the United States’ rising national debt. The study, based on Senator Cynthia Lummis’ proposed Bitcoin Act, shows that a strategic Bitcoin reserve ma...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin has experienced a quiet week, with price action stuck in a narrow range between $95K and $100K. Bulls have struggled to reclaim the $100K mark, while bears have failed to break the $95K support, leading to uncertainty about the next major mov...
Bitcoin News / Bitcoinist - 2 months ago
On-chain data shows the Bitcoin miners will have an easier time starting Sunday as the network Difficulty is set to see a correction. Bitcoin Mining Difficulty Will Drop In Upcoming Adjustment The “Difficulty” refers to a feature built in...
Bitcoin News / Bitcoinist - 2 months ago
After spending more than two weeks trading in the mid-$90,000 range, Bitcoin (BTC) is starting to climb toward the psychologically significant $100,000 mark. The flagship cryptocurrency surged past $99,000 following dovish remarks from Atlanta Federa...
Bitcoin News / Bitcoinist - 2 months ago
In a positive development for the crypto industry, the US Securities and Exchange Commission (SEC) plans to end its 20-month-long legal battle against crypto exchange platform Coinbase and withdraw the enforcement case, a shift from the agency’...
Bitcoin News / Bitcoinist - 2 months ago
A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-bas...
