Bitcoin News / Bitcoinist - 1 year ago
Through 2023, Bitcoin and the crypto industry have faced increasing scrutiny from US Senator Elizabeth Warren, who has expressed concerns about the potential misuse of cryptocurrencies for illicit activities.
Now, the senator has highlighted the invo...
Bitcoin News / Bitcoinist - 1 year ago
A recent analysis by Ryan Watkins, co-founder of Syncracy Capital, highlights Solana’s growing momentum in several key metrics that Ethereum once dominated. However, Watkins notes that running Solana nodes is more expensive amid this revelation...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development, FTX Debtors and FTX Digital Markets have announced a global settlement agreement with the Joint Official Liquidators (JOLs) representing FTX Digital Markets.
The settlement, subject to court approvals, addresses the com...
Bitcoin News / Bitcoinist - 1 year ago
BlackRock, a global leader in investment management, has revised its proposed spot Bitcoin exchange-traded fund (ETF) to allow cash redemptions. This update could be a strategic move in gaining approval from the US Securities and Exchange Commission...
Bitcoin News / Bitcoinist - 1 year ago
In a significant turn of events, a court in Montenegro has overturned the extradition order of Do Kwon, co-founder of Terraform Labs, to the United States or South Korea. The Podgorica-based Appeals Court made the decision, which cited procedural irr...
Bitcoin News / Bitcoinist - 1 year ago
Shiba Inu burns have become one of the most important initiatives in the SHIB ecosystem as the community comes together to try to drastically reduce the supply of the meme coin. Over time, the burns have come to involve the Shiba Inu team who have be...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin mining hashrate has continued its recent uptrend and has reached a new all-time high.
Bitcoin 7-Day Average Mining Hashrate Has Just Set A New All-Time High
The “mining hashrate” refers to a metric that kee...
Bitcoin News / Bitcoinist - 1 year ago
Amid the legal proceedings Binance and its former CEO faced, a US court has issued an order imposing significant fines on the cryptocurrency exchange and Changpeng Zhao (CZ) for charges related to alleged money laundering operations.
The case was in...
Bitcoin News / Bitcoinist - 1 year ago
The second largest cryptocurrency by market cap, Ethereum, is the crypto token in focus as this crypto analyst has eleven reasons why it is “programmed” to hit $10,000. Interestingly, one of the reasons he outlined happens to be one of the recent maj...
Bitcoin News / Bitcoinist - 1 year ago
The recent collaboration between IOG Education and the Africa Blockchain Center (ABC) culminated in a two-month Cardano developer training course in Nairobi, Kenya. This course aimed to bridge the gap between the growing demand for skilled blockchain...
Bitcoin News / Bitcoinist - 1 year ago
More details about what went on during Ethereum’s Initial Coin Offering (ICO) have come to light. This time, it is another Ethereum insider that is making damning revelations that could threaten the stability of the Ethereum ecosystem
70% Of Premined...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin has seen a rebound back above the $43,000 level during the past day. Here’s a possible reason behind this reversal in the asset.
Bitcoin Has Rebounded Back Towards The $43,000 Mark
Just earlier, Bitcoin had plunged to a low of $40,500 a...
Bitcoin News / Bitcoinist - 1 year ago
Thanks to a significant increase in transaction fees that have risen to their highest peaks since April 2021, bitcoin miners are currently enjoying a windfall of previously unheard-of revenues.
The reason for this unusual increase in transaction cost...
Bitcoin News / Bitcoinist - 1 year ago
Solana is in the lead again, as the majority of crypto assets investment products witnessed net outflows of investments last week, bringing an end to 11 consecutive weeks of inflows. This wasn’t surprising though, as most cryptocurrencies went...
Bitcoin News / Bitcoinist - 1 year ago
Michael Saylor, the Executive Chairman and Co-founder of business intelligence company MicroStrategy Inc., has shared his optimism on Bitcoin (BTC), providing key factors that will drive the crypto asset’s adoption.
Michael Saylor On Bitcoin Ad...
Bitcoin News / Bitcoinist - 1 year ago
The Solana Saga phone, which was previously having trouble finding a buyer, has had a remarkable turnaround this week, with devices selling for as high as $5,000 on the web marketplace Ebay—a sharp rise above its earlier summer markdown.
The main cau...
Bitcoin News / Bitcoinist - 1 year ago
Over the past five days, users of the Avalanche network have collectively paid more than $4 million in transaction fees. This significant expenditure is primarily attributed to creating and moving tokens and non-fungible tokens (NFTs) using inscripti...
Bitcoin News / Bitcoinist - 1 year ago
Adam Back, CEO of Blockstream, a blockchain firm developing the Lightning Network, a layer-2 solution for Bitcoin, believes that prohibiting non-fungible tokens on Bitcoin would be futile. Taking to X on Dec. 17, the CEO said those complaining “...
Bitcoin News / Bitcoinist - 1 year ago
In a year marked by regulatory pressure on the crypto industry, Ripple CEO Brad Garlinghouse has renewed his call for industry cohesion to rally behind pro-crypto candidates in the upcoming 2024 US presidential election.
Garlinghouse emphasizes the...
Bitcoin News / Bitcoinist - 1 year ago
An analyst has revealed a pattern in a Bitcoin indicator that may have signaled the cryptocurrency’s recent decline in advance.
Bitcoin Taker Buy Sell Ratio 100-Day EMA Has Seen Rejection From 1.0 Recently
In a CryptoQuant Quicktake post, an an...
Bitcoin News / Bitcoinist - 1 year ago
In a striking display of financial muscle, cryptocurrency companies, such as Ripple and Coinbase, and investors have collectively contributed $78 million to super Political Action Committees (PACs) focused on shaping the 2024 US elections. This subst...
Bitcoin News / Bitcoinist - 1 year ago
Industry analysts Nate Geraci, President of The ETF Store, and Eric Balchunas, a prominent Bloomberg Exchange Traded Fund (ETF) analyst, have recently spotlighted a potential game-changer in the crypto world: introducing a spot Bitcoin ETF in the Uni...
Bitcoin News / Bitcoinist - 1 year ago
The Shiba Inu team seems to be hard at work over the last few months and the latest development has been a special announcement teased by lead developer Shytoshi Kusama. Kusama first mentioned the announcement last week where he said that it would be...
Bitcoin News / Bitcoinist - 1 year ago
Despite being the most popular meme coin in the crypto market right now, the price of Dogecoin has not performed as well as investors expected. Instead of following the overall trend of all coins in the space to new yearly highs, the price continued...
Bitcoin News / Bitcoinist - 1 year ago
In a move that has ignited strong reactions within the crypto community, Senator Elizabeth Warren recently introduced the Digital Asset Anti-Money Laundering Act. This bill aims to impose stricter regulations on the crypto industry, triggering concer...