Bitcoin News / Bitcoinist - 1 year ago
For the Bitcoin and crypto market, the upcoming week promises to be a pivotal one. While the US Consumer Price Index (CPI), Jobless Claims, Producer Price Index (PPI) and Michigan Consumer Sentiment are all on the horizon, three events stand out as p...
Bitcoin News / Bitcoinist - 1 year ago
OPNX Exchange emerges as a potential savior for crypto lender Hodlnaut as it navigates the complexities of bankruptcy proceedings. A recent report from Bloomberg reveals that the exchange has extended a lifeline to the struggling company. By presenti...
Bitcoin News / Bitcoinist - 1 year ago
In a recent series of tweets, Adam Cochran, a well-known analyst in the crypto community and angel investor, has raised serious concerns about the solvency of Huobi, the world’s 12th largest crypto exchange by spot volume. This comes in the wak...
Bitcoin News / Bitcoinist - 1 year ago
Latvijas Banka highlighted the decline in interest and use of cryptocurrency among Latvians in its “Financial Stability Report” for 2023. Only 4% of people, down significantly from the 8% seen in February 2022, bought crypto assets, the c...
Bitcoin News / Bitcoinist - 1 year ago
The Central Bank of Honduras (BCH) has taken a significant step toward the potential launch of its own central bank digital currency (CBDC) by initiating a pilot study and opening a public consultation. The move comes as part of the bank’s effo...
Bitcoin News / Bitcoinist - 1 year ago
In a recent development, the United States Securities and Exchange Commission (SEC) has settled with crypto firm Quantstamp following charges of violating securities law which the SEC leveled against it. Quantstamp agreed to settle with the SEC witho...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase CEO Brian Armstrong has refuted the rumors of the possibility of the exchange exiting the United States market for a more crypto-friendly country. Coinbase CEO Rebuts Relocation Claims Chief Executive Officer of Coinbase, Brian Armstrong, ha...
Bitcoin News / Bitcoinist - 1 year ago
Blockchain security company CertiK recently revealed a serious flaw that put the Worldcoin system at serious risk. The system’s security and integrity might have been compromised if the vulnerability allowed Orb operators unrestricted access. U...
Bitcoin News / Bitcoinist - 1 year ago
The success of alpha crypto Bitcoin in the second quarter of 2023 was crucial for Block Inc. The payments startup, led by Twitter founder Jack Dorsey, reported outstanding earnings, recording $5.5 billion in revenue overall. Notably, a sizeable porti...
Bitcoin News / Bitcoinist - 1 year ago
Asset management firm Valkyrie has moved to convert its Bitcoin Strategy exchange-traded fund (BTF) into a Bitcoin and Ether Strategy ETF. According to the firm’s website, BTF is an actively managed exchange-traded fund (ETF) available through Nasdaq...
Bitcoin News / Bitcoinist - 1 year ago
Prominent crypto exchange Coinbase is currently seeking to dismiss the allegations leveled against it by the United States Securities and Exchange Commission (SEC). On Aug. 4, lawyers representing Coinbase submitted a motion to dismiss at the US Dis...
Bitcoin News / Bitcoinist - 1 year ago
Elon Musk has shut down rumors that his X platform plan to launch an X token as part of the X ecosystem as certain media outlets had reported about $X and $TWITTER tokens giving the impression that they were linked to the social media giant. No X Tok...
Bitcoin News / Bitcoinist - 1 year ago
Former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has been rumored to be responsible for the wave of negative news that has overwhelmed crypto exchange Binance of late. Binance FUD And SBF’s Involvement The largest crypto exchan...
Bitcoin News / Bitcoinist - 1 year ago
Tether has just announced a key victory in its continuing legal conflict, marking a crucial legal milestone. The company reported that the court had officially dismissed a class action lawsuit involving its extensively utilized USDT stablecoin. This...
Bitcoin News / Bitcoinist - 1 year ago
The lead analyst at Glassnode has explained how much capital one would need to change the Bitcoin market cap by $1. Bitcoin Realized Cap Needs To Change By This Much For $1 Market Cap Change In a new post, the lead analyst at the on-chain analytics f...
Bitcoin News / Bitcoinist - 1 year ago
Global neobank and financial services company, Revolut shocks the US crypto community with news of its decision to discontinue and prohibit cryptocurrency services for its US customers. Revolut’s US crypto termination decision is a significant setba...
Bitcoin News / Bitcoinist - 1 year ago
Elon Musk has reacted to rumors that his ‘X’ platform (formerly known as Twitter) is reportedly looking to build a trading hub on the site, allowing for the trading of cryptocurrencies like Dogecoin. The Backstory Behind The Dogecoin Rumor Media out...
Bitcoin News / Bitcoinist - 1 year ago
Baldur’s Gate III, the latest addition to the iconic Baldur’s Gate series, has been making headlines for its gameplay and immersive storyline. But it’s not just gamers who are excited about the game’s potential impact. Recent...
Bitcoin News / Bitcoinist - 1 year ago
New York Attorney General Letitia James has reportedly launched an investigation into Digital Currency Group (DCG), the parent company of Genesis, a cryptocurrency firm that has been facing financial troubles. Alleged Investigation Into Digital Curr...
Bitcoin News / Bitcoinist - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
Following President Putin’s digital ruble bill endorsement on July 24, the Bank of Russia (BoR) has ramped up its Central Bank Digital Currency (CBDC) launch plans. On August 3, the bank unveiled the corporate identity of the digital ruble. Also, the...
Bitcoin News / Bitcoinist - 1 year ago
In a startling revelation during Coinbase’s Q2 earnings call, CEO Brian Armstrong revealed that Binance, the world’s leading cryptocurrency exchange, has liquidated its entire holdings of the stablecoin USDC. This unexpected disclosure co...
Bitcoin News / Bitcoinist - 1 year ago
According to an analyst, there may be a pattern of the Open Interest and Bollinger Bands that Ethereum has followed in recent years. Ethereum Open Interest & Bollinger Bands May Have Correlation As explained by an analyst in a CryptoQuant post, t...
Bitcoin News / Bitcoinist - 1 year ago
The United States Securities and Exchange Commission (SEC) has taken action to freeze the assets of Utah-based crypto firm Digital Licensing Inc., alleging involvement in a $50 million fraudulent crypto scheme. The SEC initiated an urgent legal inter...
Bitcoin News / Bitcoinist - 1 year ago
Ukraine’s governmental data reveals a notable shortfall in the national budget of over $80 million during the past 10 years because of the non-compliance of cryptocurrency exchanges operating within the country. The Bureau of Economic Security...
