Category : Bitcoinist

Bitcoinist

Cardano (ADA) Hits Highest Profitability Levels In 2023, Is It Time To Sell?

The profitability of Cardano (ADA) holders has risen to one of their highest levels in 2023. This metric which measures the price at which the coins were last moved compared to the current spot price of the asset has seen the most amount of ADA holde...

Cathie Wood Said Crypto Will Be A $25 Trillion Ecosystem, Endorses These 2 Coins

Cathie Wood, the CEO of ARK Invest and a known Bitcoin supporter, believes the broader crypto ecosystem will rapidly expand to command a $25 trillion valuation by 2030. Then, despite the presence of over 27,000 unique crypto projects according to dat...

Turkey Sets Sights On Crypto Control: New Era Of Licensing And Taxation Unfolds

In a move to regulate the crypto market in its region, Turkey is gearing up to implement new rules centered on “licensing” and “taxation.” This development comes as the country sheds its status on the Financial Action Task For...

Crypto Custody Triumph: Commerzbank Sets Precedent As First Major German Bank To Obtain License

Commerzbank AG, one of Germany’s leading full-service banks, has obtained a crypto asset custody license, marking a significant milestone in the country’s financial landscape. This regulatory approval positions Commerzbank as the first m...

Bitcoin Miners Switch To Selling, Rally Ends Here?

On-chain data shows that Bitcoin miners have turned to selling recently, a sign that the asset’s price could be bearish. Bitcoin Miner Reserve Has Been On The Decline Recently As analyst James V. Straten explained in a post on X, the miners had...

How One Man’s Quest To Recover Lost BTC Revealed A Fatal Bitcoin Flaw

A tech entrepreneur has found himself in a high-stakes crypto drama, after hiring a crypto recovery company to retrieve his Bitcoin wallet holding assets worth $600,000. The recovery process has unearthed fatal flaws in millions of Bitcoin wallets. U...

Bitcoin Adoption Slows Down: Bad News For Rally?

On-chain data shows the number of new Bitcoin addresses is on the decline, a sign that could be bad for the sustainability of the ongoing BTC rally. Bitcoin Has Registered A Drop In New Addresses Joining The Network As pointed out by analyst Ali in a...

How Deep Does Ethereum’s Ties To Chinese Investors Run?

Ethereum and its founders have been the target of various accusations in the last couple of weeks ranging from fraud to the blockchain being run by the Chinese. On-chain investigator Boring Sleuth has been one of the most vocal when it comes to Ether...

Bitcoin Market Cap Poised To Hit $3.3 Trillion With ESG Fund Inflows

Daniel Batten, a climate tech investor, Bitcoin environmental impact analyst, and CEO of CH4 Capital, has released another groundbreaking research that positions BTC as the world’s premier Environmental, Social, and Governance (ESG) asset. His...

Bitcoin Boom: Miners Reap Rewards As Halving Nears In The Cryptoverse

As the year draws to a close, enthusiastic cryptocurrency fans and hardworking Bitcoin miners are celebrating a profitable boom all across the world. The daily profits for people who practice crypto mining have risen to previously unheard-of heights,...

Shiba Inu Burn Activity Sees Impressive 90.5% Spike After Week Of Slow Performance

The Shiba Inu community burn has picked up steam once more after a week of subpar performance. The SHIB burn initiative which is looking to drastically reduce the amount of SHIB tokens in circulation burned over 17 million tokens in one day, a signif...

Bitcoin Halving: Marathon Uncovers New Strategy Beforehand

Recent reports from the Bitcoin mining firm Marathon Digital Holdings have revealed the firm’s latest strategies in advance of the forthcoming Bitcoin Halving event which is expected to take place in April 2024. Latest Approach Prior To Bitcoin...

Pro-XRP Lawyers Slam The SEC’s Annual Enforcement Report

The US Securities and Exchange Commission’s (SEC) annual enforcement report for Fiscal Year (FY) 2023, detailing the filing of 784 enforcement actions, orders for nearly $5 billion in financial remedies, and distribution of nearly $1 billion to...

Is The BlackRock XRP ETF Filing Real? Authorities Begin Investigation

The Delaware authorities have taken over the case involving the false BlackRock XRP ETF filing which appeared on the Delaware’s Department of State Division of Corporations on Monday. Authorities Probe Blackrock XRP ETF Legitimacy Amidst the exciteme...

From NFTs To Handcuffs: Mutant Ape Creator’s $3 Million Wire Fraud Admission

The mastermind behind the famed NFT “rug pull” heist is now, in an unparalleled turn of events in American history, staring down the barrel of federal justice and the threat of a long prison sentence. Aurelien Michel, a French citizen and...

Cathie Wood: Spot Bitcoin ETF Odds Are Up, But Warns Of A Snag

Cathie Wood, the CEO of Ark Invest, in an interview with Yahoo Finance, provided a deep dive into the status and future prospects of a spot Bitcoin ETF. Her detailed insights offer a rare glimpse into the interactions with the Securities and Exchange...

BlackRock Issues Warning: USDT & USDC Stablecoins Put Bitcoin At Risk

BlackRock, the leading asset manager in traditional finance, has highlighted potential risks associated with stablecoins for investors considering its proposed iShares Bitcoin spot exchange-traded fund (ETF). Despite BlackRock’s significant in...

This User Is Convinced Ethereum Playing Catch Up With Cardano: Here’s Why

Ethereum and Cardano are two popular smart contract platforms. While the latter is peer-reviewed and led by research, Ethereum enjoys a first-mover advantage and has the largest total value locked (TVL) if decentralized finance (DeFi) is a leading me...

How To Spot Meme Coins Like SHIB And PEPE Before They Go Viral

Meme coins like Shiba Inu (SHIB) and Pepe (PEPE) have proven to be one of the best ways for crypto investors to make massive returns on investments. But amid all of the scams and rugs that have dominated crypto and decentralized finance (DeFi), they...

Disney Ventures Into NFT: Collaborates With Dapper Labs For Pixar And Star Wars Collectibles

Dapper Labs, the Web3 game studio known for projects such as National Basketball Association (NBA) Top Shot and CryptoKitties, has made a major announcement in the non-fungible token (NFT) market. The company revealed its plans to launch Disney Pinna...

Ethereum Fee Hits 4-Month Peak, What Does It Mean For Price?

On-chain data shows the average transaction fees on the Ethereum network have hit a 4-month high as user activity has spiked. Ethereum Average Fees Recently Hit The $5.72 Mark According to data from the on-chain analytics firm Santiment, the transact...

Ethereum’s Scalability Leap: Vitalik Buterin Reintroduces Overlooked Solution

The inventor of Ethereum, Vitalik Buterin, published an article discussing implementing a new scalability solution. According to a document posted on his blog, several benefits could come from introducing “Plasma,” a scalability solution invented 6 y...

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