Bitcoin News / Bitcoinist - 1 year ago
Data shows the Bitcoin mining hashrate has remained at high levels recently, despite the hashprice observing a deep plunge.
Bitcoin Hashrate Has Continued To Be Near All-Time Highs Recently
The “mining hashrate” refers to the total comput...
Bitcoin News / Bitcoinist - 1 year ago
The principles that allow the creation of crypto are similar to those that proclaim the need to protect peopleâs privacy. In the US, several developments suggest this privacy could be in danger, as it is the nascent industry that could provide an alt...
Bitcoin News / Bitcoinist - 1 year ago
In a significant move underscoring the evolving regulatory landscape surrounding cryptocurrencies, the US Securities and Exchange Commission (SEC) has turned its attention to the Non-Fungible Tokens (NFTs) market, initiating legal action against medi...
Bitcoin News / Bitcoinist - 1 year ago
South Korea is tightening the regulatory reins on its native crypto exchanges. Effective September, exchanges within the country must maintain a minimum reserve of 3 billion won ($2.3 million). This move comes as South Korea seeks to fortify consumer...
Bitcoin News / Bitcoinist - 1 year ago
The stock market is still within striking distance from former all-time highs set in 2021, yet Bitcoin and other cryptocurrencies feel miles away by comparison.
The two vastly different types of assets that once traded lock and step are now experienc...
Bitcoin News / Bitcoinist - 1 year ago
Brazilian football legend Ronaldinho GaĂșcho faces the looming possibility of detention as he becomes entangled in a cryptocurrency fraud investigation in his homeland.
Accused of being associated with a pyramid scheme post-retirement, Ronaldinho̵...
Bitcoin News / Bitcoinist - 1 year ago
In another shocking development, an advisor at a venture capital (VC) firm that focuses on blockchain companies has been arrested. The Master Ventures advisor identified as Orion Depp was arrested in Colombia and is now facing multiple charges connec...
Bitcoin News / Bitcoinist - 1 year ago
Disgraced FTX founder Sam Bankman-Fried (SBF) and his lawyers had requested that he be released on weekdays. However, following the rejection of that request, SBFâs lawyers have once again written to the court, making a different request this time ar...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the Ethereum total transaction fee has declined to 6-month lows recently, indicating that investors aren’t engaging much with the coin.
Ethereum Daily Total Transaction Fee Has Declined Recently
According to data from the market inte...
Bitcoin News / Bitcoinist - 1 year ago
In its last update, the Shibarium team had promised that the network was almost âreadyâ to be reopened to the public. And now, recent development suggests the SHIB community doesnât have to wait any longer as the network is up and running once again....
Bitcoin News / Bitcoinist - 1 year ago
Indian Prime Minister Narendra Modi has emerged as a global advocate for a unified approach to crypto regulations. With a resounding call for inclusive and harmonized rules, Modi’s stance on digital assets sends ripples through the global tech...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, blockchain analytics firm Glassnode and asset manager ARK Invest have collaborated to develop âCointime Economics,â a new on-chain framework that determines the Bitcoin value.
What Is Cointime Economics For Bitcoin Value?
Acc...
Bitcoin News / Bitcoinist - 1 year ago
Arbitrum (ARB), a prominent Layer 2 scaling solution, is currently grappling with a concerning trend that has sent ripples of unease through its community.
The growth momentum of its native ARB token holders seems to have hit a roadblock, igniting a...
Bitcoin News / Bitcoinist - 1 year ago
Friend.tech has found itself in dire straits, prompting critics to pronounce its premature demise. The social media platform, which initially garnered attention for its explosive growth, has been hit hard by a sharp decline in crucial metrics, leavin...
Bitcoin News / Bitcoinist - 1 year ago
From SEC and court decisions that could potentially reshape the ETF landscape to macroeconomic indicators that might dictate next move by Bitcoin, this week promises significant developments. Let’s dive deep into the most anticipated events tha...
Bitcoin News / Bitcoinist - 1 year ago
United States President Joe Biden’s proposed cryptocurrency tax regulations are causing concern among many. These regulations would require brokers (individuals facilitating buying and selling) to report digital currency transactions to the gov...
Bitcoin News / Bitcoinist - 1 year ago
CNBC, one of the world’s largest cable news networks providing real-time financial market coverage, has dropped Bitcoin Cash (BCH) and Litecoin (LTC) and replaced them with Solana (SOL). Meanwhile, they will continue to cover news related to Bi...
Bitcoin News / Bitcoinist - 1 year ago
The entry of PayPal into the stablecoin arena with its PYUSD stablecoin initially sparked intrigue, positioning itself as a potential rival to the likes of Circle and Tether, which command an 85% stronghold over the industry.Â
However, the nascent st...
Bitcoin News / Bitcoinist - 1 year ago
On July 16, Binance announced that it had integrated the layer-2 protocol Bitcoin Lightning Network into its platform, and users could use it to make deposits and withdrawals. And now, less than two months after this development, the platform has rec...
Bitcoin News / Bitcoinist - 1 year ago
Three months after announcing their plans to engage in Bitcoin mining in Latin America, Tether, the issuer of the world’s largest stablecoin USDT, is readying to deploy their first rigs. According to chief technology officer Paulo Ardoino, Teth...
Bitcoin News / Bitcoinist - 1 year ago
Crypto scammers dealt a blow to the United States Drug Enforcement Administration â the agency tasked with enforcing the country’s drug laws â by making off with $55,000 in seized Tether (USDT) earlier this year.
This incident occurred due to...
Bitcoin News / Bitcoinist - 1 year ago
Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum.
Hoskinson’s proclamation at the highly a...
Bitcoin News / Bitcoinist - 1 year ago
Gemini has unveiled an innovative feature allowing users to accrue XRP cryptocurrency rewards while conducting routine credit card purchases.
The disclosure of this program, disseminated through a tweet, extends a remarkable prospect to Gemini Credit...