Bitcoin News / Bitcoinist - 1 year ago
Experiencing a decline to below $40,000 earlier this year, then steadily rising above $42,000, the price of Bitcoin (BTC) has witnessed a rollercoaster of fluctuations during this bullish phase.
Bitcoin’s price has skyrocketed beyond the $50,000 mar...
Bitcoin News / Bitcoinist - 1 year ago
Roughly a month after the United States Securities and Exchange Commission (SEC) approved the first spot Bitcoin exchange-traded funds (ETFs), a curious trend is emerging: Retail investors are selling, while institutions are gobbling up the supply.
W...
Bitcoin News / Bitcoinist - 1 year ago
John Karony, CEO of the bankrupt crypto firm SafeMoon, has experienced a setback in his legal defense following his attorneys’ decision to withdraw from the case. Karony is currently facing criminal charges for conspiracy to commit wire fraud, money...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the stablecoin supply has surged alongside Bitcoin’s latest break above $50,000, a sign that could be bullish for the market.
Both Bitcoin And Stablecoin Market Caps Have Surged
According to data from the on-chain analytics...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, blockchain payment company Ripple has announced the acquisition of New York-based crypto trust company Standard Custody & Trust Co. This move aims to enhance Ripple’s regulatory compliance capabilities and broaden i...
Bitcoin News / Bitcoinist - 1 year ago
The sentencing of Binance founder Changpeng Zhao, also known as “CZ,” on a money laundering rule charge has been delayed until April 30, a notice in Seattle federal court disclosed.
This two-month postponement comes after Zhao, a Canadian...
Bitcoin News / Bitcoinist - 1 year ago
According to a new analysis by Daniel Batten, managing partner at CH4 Capital and a renowned Bitcoin ESG researcher, the BTC network has achieved three remarkable new all-time highs. However, these milestones are not related to its price, which has y...
Bitcoin News / Bitcoinist - 1 year ago
Franklin Templeton, a financial juggernaut overseeing an impressive $1.5 trillion, has recently announced its strategic entry into the highly competitive domain of spot Ethereum Exchange-Traded Funds (ETFs) within the United States. This strategic mo...
Bitcoin News / Bitcoinist - 1 year ago
Major asset managers have finally secured SEC approval for spot Bitcoin exchange-traded funds (ETFs), unleashing powerful new demand from institutional investors. Yet at the same time, Bitcoin’s already decreasing supply is set to plunge furthe...
Bitcoin News / Bitcoinist - 1 year ago
Despite XRP’s relatively stagnant price, bullish cases continue to be made for the token. This time, a member of the XRP community has alluded to a clip by a top executive to remind the community of the token’s potential amidst concerns about i...
Bitcoin News / Bitcoinist - 1 year ago
Wall Street is on a Bitcoin buying spree, acquiring the digital asset at a staggering rate 12.5 times greater than its daily production, according to industry expert Anthony Pompliano. This relentless accumulation hints at big money’s growing c...
Bitcoin News / Bitcoinist - 1 year ago
Steven Nerayoff, a former advisor to Ethereum, has launched serious allegations against Gary Gensler, the Chair of the US Securities and Exchange Commission (SEC), accusing him of undisclosed involvement with ETH amidst the anticipation of an Ethereu...
Bitcoin News / Bitcoinist - 1 year ago
The Bank of Russia, in its latest report, revealed a concerning rise in financial scams with crypto-related elements in 2023. The number of entities involved in illegal activities, including financial pyramids, allegedly increased by 15.5% compared t...
Bitcoin News / Bitcoinist - 1 year ago
The cryptocurrency investment landscape has recently witnessed a significant uptick in activity, with digital asset investment products recording inflows of roughly $1.1 billion, according to a recent blog post shared by Coinshares, a leading digital...
Bitcoin News / Bitcoinist - 1 year ago
Spot Bitcoin ETFs have made a notable impact in the financial world, attracting significant inflows and driving the price of Bitcoin to its highest level in over two years, currently at $49,900, after briefly touching the $50,200 mark.
According to a...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin traders who bought during the 2021 bull run are finally nearing their break-even following the latest price surge.
Bitcoin Diamond Hands Holding Since 2021 Bull Run Are Close To Break-Even
As explained by CryptoQuant f...
Bitcoin News / Bitcoinist - 1 year ago
In a closely watched legal battle that carries significant consequences for the crypto market, the lawsuit between Ripple and the US Securities and Exchange Commission (SEC) could be resolved through a settlement.
Intriguingly, the outcome of the ca...
Bitcoin News / Bitcoinist - 1 year ago
In a recent discussion, Adrian Orr, the Governor of the Reserve Bank of New Zealand (RBNZ), shared his perspective on the role of Bitcoin and other digital currencies in the current financial ecosystem.
The Skepticism Surrounding Digital Currencies
D...
Bitcoin News / Bitcoinist - 1 year ago
The founder and CEO of Vailshare Capital, Dr. Jeff Ross, now argues that the reason people hold and invest in Bitcoin is not because they are diversifying. In a post on X, Ross explained that the goal is because most want to preserve and gradually gr...
Bitcoin News / Bitcoinist - 1 year ago
A recent report by Mexican crypto exchange Bitso showcases noteworthy data about the growing crypto adoption in Latin America during the second half of 2023.
Bitcoin And Stablecoins Dominate The Crypto Landscape
The recently published ‘Crypto Landsc...
Bitcoin News / Bitcoinist - 1 year ago
South Korea’s regulator, the Financial Intelligence Unit (FIU), is on the path of increasing their oversight of crypto exchanges within the country as the agency has revealed its plans for exchanges this year.
South Korea’s FIU Unveils Wo...
Bitcoin News / Bitcoinist - 1 year ago
K9 Finance, a decentralized finance (DeFi) platform leveraging the capabilities of Shibarium, Shiba Inu’s Layer 2 (L2) blockchain network, has officially published its DAO Charter. K9 Finance is at the forefront of integrating Liquid Staking De...
Bitcoin News / Bitcoinist - 1 year ago
On Monday, February 12, Bitcoin price surged past the $50,000 barrier on several exchanges, with Binance reporting a peak of $49,990. This remarkable rally can be attributed to three critical factors: the influx of spot Bitcoin ETF inflows, bullish s...
Bitcoin News / Bitcoinist - 1 year ago
Not every day, one mistakenly loses access to a hard drive containing 7,500 BTC. That is the case of this British father, who has been in a long-running battle with the Newport City Council to recover his lost funds.
A £1 Billion Lawsuit To Recover...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin Supply in Profit has neared the 95% mark during the latest rally, which could signal a top for the asset.
Bitcoin Supply In Profit Has Surged To High Levels Recently
As explained by analyst James Van Straten in a new p...