Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin Inscription craze is dying as the miner revenue from transaction fees has plunged.
Bitcoin Miner Revenue From Fees Has Dropped To Just 6% Now
At the end of 2022, a new application of the Bitcoin blockchain emerged: the...
Bitcoin News / Bitcoinist - 1 year ago
As El Salvador approaches its national elections on Sunday, Vice President Felix Ulloa, in an exclusive interview with Reuters, outlined the government’s unwavering commitment to Bitcoin, especially in the context of President Nayib Bukele̵...
Bitcoin News / Bitcoinist - 1 year ago
In a surprising twist, Bitcoin has rapidly surpassed gold as the favored investment choice, fueled by the recent introduction of spot Bitcoin exchange-traded funds (ETFs). This significant change in investment preferences has reverberated through the...
Bitcoin News / Bitcoinist - 1 year ago
Kraken has secured a major victory in an ongoing legal battle between Ripple and a group of XRP investors. The crypto exchange intervened in the lawsuit to protect its customers’ data, arguing that the information of these individuals shouldn’t...
Bitcoin News / Bitcoinist - 1 year ago
James “MetaLawMan” Murphy, a prominent crypto legal expert at Ludlow Street Advisors, has recently brought to light a contentious issue involving the United States Federal Reserve (Fed) and its alleged role in the “Operation Chokepoint 2.0,R...
Bitcoin News / Bitcoinist - 1 year ago
In a strategic move to enhance its regulatory influence, leading cryptocurrency exchange Coinbase has appointed former British finance minister George Osborne as a global advisor.
Osborne’s extensive experience in economic policy and his tenure...
Bitcoin News / Bitcoinist - 1 year ago
Altcoins have taken a nosedive following the flagship cryptocurrency, Bitcoin’s move to the downside. However, based on a recent revelation by this crypto analyst, there is reason to believe that the general outlook in the crypto market might soon ch...
Bitcoin News / Bitcoinist - 1 year ago
After a protracted 18-month journey through the intricacies of bankruptcy proceedings, Celsius Network, a beleaguered crypto lender, has successfully concluded the distribution of assets exceeding $3 billion to its creditors.
The labyrinthine process...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum founder Vitalik Buterin is facing escalating scrutiny over alleged links between himself, the Ethereum Foundation and the colossal $450 million Gatecoin hack of 2016. The controversy, first ignited by on-chain investigations by TruthLabs (@B...
Bitcoin News / Bitcoinist - 1 year ago
In a recent court hearing in Delaware, the failed crypto exchange FTX announced its decision to abandon efforts to restart its crypto exchange and instead liquidate all assets to refund its customers, according to an attorney representing the company...
Bitcoin News / Bitcoinist - 1 year ago
Hong Kong’s Office of the Privacy Commissioner for Personal Data (PCPD) has taken investigative actions against Worldcoin, a crypto project developed by Tools for Humanity. This move comes amid the “never-ending” concerns over the p...
Bitcoin News / Bitcoinist - 1 year ago
Regulatory oversight in decentralized finance (DeFi) has garnered significant attention recently. It has become a focal point for protocols and firms such as Polygon as they strive to navigate the evolving regulatory landscape and establish a solid f...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that Bitcoin long-term holders haven’t sold much during the recent downtrend, as their supply is still near an all-time high (ATH).
Various Bitcoin Long-Term Holder Groups Have Supplies Still Near ATH
According to the latest...
Bitcoin News / Bitcoinist - 1 year ago
Stablecoins are now emerging as a pivotal force, particularly influencing Bitcoin’s recent price movements. Data from the on-chain analytics firm Glassnode reveals a notable shift in the stablecoin supply ratio (SSR) oscillator, signaling an in...
Bitcoin News / Bitcoinist - 1 year ago
Binance has regained its position as the world’s most dominant crypto exchange, capturing nearly 50% of the global market share, according to data from Kaiko. The analytic data provider revealed that Binance’s market share has rebounded t...
Bitcoin News / Bitcoinist - 1 year ago
Today, on his 30th birthday, Ethereum co-founder Vitalik Buterin shared a moving post reflecting on the last couple of years of his life and the evolving crypto space that made him re-evaluate his role within the community.
The End Of An Era For Vit...
Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu (SHIB) is attracting the attention of crypto enthusiasts. The team behind the meme-inspired coin has revealed a guide on bridging Bone ShibaSwap (BONE) from the Ethereum mainnet to Shibarium.
Shiba Inu Breaks Down BONE Bridge From Ethereum...
Bitcoin News / Bitcoinist - 1 year ago
Crypto analyst Jaydee recently highlighted a notable pattern on the XRP price chart ahead of its monthly close. The analyst hinted that this all but confirms that a parabolic move was on the horizon for the crypto token, going by what happened the la...
Bitcoin News / Bitcoinist - 1 year ago
In a recent legislative shift, Argentine President Javier Milei, together with Economy Minister Luis Caputo, has effectively canceled proposed tax exemptions for cryptocurrencies, altering a key component of the ‘Bases and Starting Points for t...
Bitcoin News / Bitcoinist - 1 year ago
New York Community Bancorp, Inc. (NYSE: NYCB) shares plummeted by 45% today after a dividend cut and an unexpected loss on earnings. And as history has proven, when banks are bleeding, Bitcoin often is a beneficiary. This time is no different, with B...
Bitcoin News / Bitcoinist - 1 year ago
Ethereum has been making a fresh attempt at recovery recently. Here’s what on-chain data suggests regarding if this run can be sustainable or not.
Ethereum Network Growth And Utility Have Both Gone Up Recently
According to data from the on-chai...
Bitcoin News / Bitcoinist - 1 year ago
El Salvador, despite its efforts to promote financial inclusivity and spur economic development by accepting Bitcoin as a legal tender, appears to be encountering difficulties in achieving widespread acceptance of the digital currency. A research sur...
Bitcoin News / Bitcoinist - 1 year ago
Blockchain payment firm Ripple has recently experienced a significant security breach, resulting in the loss of a substantial amount of XRP.
The hack, uncovered by decentralized finance (DeFi) detective ZachXBT, has raised serious concerns about the...
Bitcoin News / Bitcoinist - 1 year ago
The European Union published a report on Bitcoin and the BTC mining industry and its potential implications for three key sectors. The document hints at what many in the crypto space fear: the region is moving to ban Proof-of-Work within its borders....
Bitcoin News / Bitcoinist - 1 year ago
Daniel Batten, managing partner at CH4 Capital and a noted climate activist for The Bitcoin ESG Forecast, has brought to light new research indicating a concerted effort by Central Banks, particularly within the European Union, to systematically R...