Bitcoin News / Bitcoinist - 1 year ago
A prominent member of the XRP community and blockchain analyst, Crypto Eri, has weighed in on why, contrary to some public opinions, Ripple cannot control its native token XRP’s price.
XRP “Decentralized” Nature Makes Price Set Impossible
In a tweet...
Bitcoin News / Bitcoinist - 1 year ago
In a strategic move to solidify its position in the crypto industry, Ripple has announced a comprehensive expansion of its Liquidity Hub. This expansion underscores Ripple’s dedication to enhancing user experience, diversifying its asset offeri...
Bitcoin News / Bitcoinist - 1 year ago
Prominent crypto exchange Bybit has denied reports stating the company’s intention to exit the United Kingdom ahead of the nation’s new financial rules expected to go into effect from October 8th, 2023.
Bybit Intends To Stay In The UK For The...
Bitcoin News / Bitcoinist - 1 year ago
Per a report from The Block, Genesis, a prominent digital asset financial firm, has announced the discontinuation of crypto derivatives trading through its subsidiary GGC International (GGCI). The company conveyed this decision to its clients in an e...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Ethereum daily active addresses indicator has recently registered its second-highest spike.
Ethereum Daily Active Addresses Has Observed A Sharp Spike Recently
According to data from the on-chain analytics firm Santiment, the...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin has once again flashed another particularly deadly formation that often sends its price into a downward spiral. This time around, a death cross that has not been seen in the digital asset for more than one year has appeared again. This report...
Bitcoin News / Bitcoinist - 1 year ago
The former CEO of the defunct Bitcoin exchange Mt. Gox, Mark Karpelès, has drawn an analogy between his case and that of FTX’s former CEO Sam Bankman-Fried (SBF) following the latter’s persistent request to be released in order to prepare his defense...
Bitcoin News / Bitcoinist - 1 year ago
In a recent interview with CNBC’s “Capital Connection,” Joseph Lubin, co-founder of Ethereum (ETH) and CEO of ConsenSys, expressed his confidence that US regulators will recognize the alignment between decentralized protocols, block...
Bitcoin News / Bitcoinist - 1 year ago
Xahau, a new smart contract sidechain, is set to launch, and as part of efforts to boost interoperability between the XRP Ledger and Xahau, the Chief Technology Officer of XRPL Labs, Richard AH, has proposed making an amendment to XRPL’s mainnet.
A...
Bitcoin News / Bitcoinist - 1 year ago
As the debate for implementing crypto regulation continues to surface, Brad Garlinghouse, CEO of Ripple, has recently shared his perspective.
At a recent conference in Singapore, Garlinghouse highlighted the importance of crafting appropriate regula...
Bitcoin News / Bitcoinist - 1 year ago
New York-based blockchain data analytics firm Chainalysis shared insights on its crypto adoption index for 2023 on Tuesday, September 12, 2023, revealing the top countries leading the charge in terms of grassroots cryptocurrency adoption.
Leading Cou...
Bitcoin News / Bitcoinist - 1 year ago
Layer 2 scaling solution Metis has announced a plan to compensate users affected by last month’s PolyNetwork bridge hack.
The project will distribute 117,000 METIS tokens to impacted community members. At the same time, Metis is implementing an...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data from Glassnode suggests the role of Bitcoin miners in the asset’s valuation has been going down over the years.
Bitcoin Miners’ Issuance Now Only Makes A Small Part Of Daily Realized Value
In a new report, the on-chain analy...
Bitcoin News / Bitcoinist - 1 year ago
The world of trading is faster and more competitive than ever before. With the right tools and technology, traders can react to breaking news and emerging opportunities in an instant.
This is where the PrimeXBT mobile application shines. The PrimeXB...
Bitcoin News / Bitcoinist - 1 year ago
The case against bankrupt crypto lender Celsius took a new turn as one of its former executives came forward. According to a report from Reuters, Roni Cohen-Pavon, ex-Chief Revenue Officer (CRO) at the company, pleaded guilty to criminal charges.
Ce...
Bitcoin News / Bitcoinist - 1 year ago
Banking giant Deutsche Bank has partnered with crypto company Taurus to launch a new custody service for its institutional clients. The bank has been public about its optimistic views on BTC, and the partnership aims to gain a stronger foothold in th...
Bitcoin News / Bitcoinist - 1 year ago
The Shiba Inu price, like the rest of the crypto market, has had a hard go at it over the last few months. This has seen the meme coin’s price fall to levels that have not been recorded since June. Naturally, this has led to skepticism about the cryp...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC) made a notable move on Thursday morning, surging above the crucial $26,000 support level. This rally came on the heels of the release of the US consumer price index (CPI) on Wednesday, which revealed an acceleration in the annual inflat...
Bitcoin News / Bitcoinist - 1 year ago
In the latest development in the ongoing legal saga between Binance and the US Securities and Exchange Commission (SEC), Magistrate Judge Zia M. Faruqui has set a hearing date for two pivotal motions. The hearing, scheduled for September 18, 2023, at...
Bitcoin News / Bitcoinist - 1 year ago
The unveiling of Telegram’s self-custodial wallet on The Open Network (TON) blockchain has been met with a mix of anticipation and caution. While the wallet promises to revolutionize how over 800 million users manage their digital assets, block...
Bitcoin News / Bitcoinist - 1 year ago
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has now issued long-term prohibition orders against Zhu Su and Kyle Davies, founders of the now-bankrupt crypto hedge fund Three Arrows Capital (3AC).
Singapore’s MAS Bans 3AC Found...
Bitcoin News / Bitcoinist - 1 year ago
Yesterday, September 13, the US Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC for conducting an unregistered offering of crypto asset securities. The offering, in the form of non-fungible tokens (NFTs), raised approximately $8 mi...
Bitcoin News / Bitcoinist - 1 year ago
In a significant development for the cryptocurrency market, the bankrupt exchange FTX has received court approval to liquidate its crypto assets worth over $3.4 billion. The decision, delivered by Judge John Dorsey, overruled objections and permitted...
Bitcoin News / Bitcoinist - 1 year ago
Cryptocurrency exchange Huobi celebrates its anniversary on the 13th of September every year, and it is doing so with a contentious marketing move in 2023. The company was launched 10 years ago, and to commemorate the occasion, the company changed it...
Bitcoin News / Bitcoinist - 1 year ago
Brazilian asset manager Hashdex has filed with the US Securities and Exchange Commission (SEC) to offer an Ethereum exchange-traded fund (ETF) comprising futures and spot Ether contracts.
Known as the Hasdex Nasdaq Ethereum ETF, the application for...