Bitcoin News / Bitcoinist - 1 year ago
The Bitcoin halving is unequivocally the one thing that’s expected to cause price to increase, according to the masses. In this article, we’ll refute — with evidence — why the block reward halving is nothing more than a correlation, not causation of...
Bitcoin News / Bitcoinist - 1 year ago
A man from Eden Prairie, Minnesota, has fallen victim to a crypto scam that cost him over $9 million. The scam involved a LinkedIn connection who lured him in with promises of quick riches and professed love. LinkedIn Love Or Crypto Catastrophe? Acc...
Bitcoin News / Bitcoinist - 1 year ago
The crypto industry is constantly subject to sporadic reports of crypto thefts and scams and the most recent one was a hacker who managed to steal $20 million in Tether’s USDT stablecoin. How The Scammer Stole $20 Million In USDT The eye-poppi...
Bitcoin News / Bitcoinist - 1 year ago
Former CEO of FTX, Sam Bankman-Fried (SBF), has denied allegations of witness tampering after sharing excerpts from his ex-girlfriend’s private diary with a reporter from the New York Times. The United States Department of Justice (DOJ) has ac...
Bitcoin News / Bitcoinist - 1 year ago
Binance, the world’s largest cryptocurrency exchange, has recently announced that it has burned 1.14 billion Terra Luna Classic (LUNC) in the 12th batch of the Terra Classic burn mechanism. The burned tokens were obtained from trading fees on margin...
Bitcoin News / Bitcoinist - 1 year ago
On Wednesday, Kenya’s interior ministry made a significant announcement, suspending the cryptocurrency project Worldcoin until further notice. The decision came as a precautionary measure to ensure public safety, and the suspension will remain...
Bitcoin News / Bitcoinist - 1 year ago
Per a report from Semafor, the U.S. Department of Justice (DOJ) has been weighing on the possibility of filing fraud charges against crypto exchange Binance. The company has been in the eye of all major regulators worldwide in 2023 and might be about...
Bitcoin News / Bitcoinist - 1 year ago
Bloomberg Intelligence analysts James Seyffart and Eric Balchunas have ramped up their approval odds for a Bitcoin spot Exchange-Traded Fund (ETF) to 65%, based on recent industry developments. This marks a substantial increase from the mere 1% chanc...
Bitcoin News / Bitcoinist - 1 year ago
Binance continues to attract a significant portion of its business from China, even in the face of the country’s prohibition on cryptocurrencies. In May, Binance recorded a staggering trading volume exceeding $90 billion, encompassing both spot...
Bitcoin News / Bitcoinist - 1 year ago
Prominent accounting and consultancy firm, KPMG, has published a report delving into Bitcoin and its mining implications. The report focuses on investigating Bitcoin’s potential to align with the principles of environmentally friendly investing...
Bitcoin News / Bitcoinist - 1 year ago
Popular blockchain technology company, Ripple, has recently announced it was returning 800 million XRP tokens to its escrow wallet just after unlocking 1 billion tokens for this month. News of the event was reported by the prominent blockchain analyt...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows that the Bitcoin taker buy/sell ratio has observed a large spike. The last time this happened was in January before the rally began. Bitcoin Taker Buy/Sell Ratio Has Registered A Spike Recently As pointed out by an analyst in a Cr...
Bitcoin News / Bitcoinist - 1 year ago
Per a recent report from The Information, the CEO of crypto exchange Binance, Changpeng “CZ” Zhao, considered closing its U.S. subsidiary. The possibility was reflected due to the increasing hostilities from regulators against Zhao and the trading ve...
Bitcoin News / Bitcoinist - 1 year ago
The Litecoin (LTC) halving is now here and the event is currently the most-watched among crypto investors. In addition to the anticipation of the cut in rate of supply, there are also speculations around the digital asset and what the current halving...
Bitcoin News / Bitcoinist - 1 year ago
Following the landmark court ruling in Securities & Exchange Commission (SEC) case, Ripple has cleared up some widespread misconceptions regarding the ruling. The company provided a detailed Q2 2023 XRP markets report today, where it underscored...
Bitcoin News / Bitcoinist - 1 year ago
Fraudulent actors targeted Voyager Digital patrons as they briefly gained the opportunity to withdraw portions of their funds from the insolvent cryptocurrency brokerage. Bloomberg’s report, referencing insights from Darren Azman, the company&#...
Bitcoin News / Bitcoinist - 1 year ago
MicroStrategy Incorporated (NASDAQ: MSTR), one of the most prominent corporate Bitcoin holders globally, has announced plans to sell up to $750 million of its Class A common stock. The company signaled that the proceeds could potentially fund further...
Bitcoin News / Bitcoinist - 1 year ago
Margot Robbie, the lead actress in the new Barbie movie, has sparked a conversation within the cryptocurrency community following her playful dismissal of Bitcoin (BTC) as a stereotypically “Ken” topic of discussion. In a recent intervie...
Bitcoin News / Bitcoinist - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
Nigeria’s Securities and Exchange Commission (SEC) has warned Nigerians against investing or trading on Binance, the world’s largest crypto exchange by trading volume. The Commission, as part of its “statutory mandate of investor protection,” warned...
Bitcoin News / Bitcoinist - 1 year ago
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income. On July 31, 2023,...
Bitcoin News / Bitcoinist - 1 year ago
High-powered attorney Douglas Samuel Zolkind has officially filed a motion to intervene in the SEC’s lawsuit against Ripple Labs. As Ripple Labs continues in its legal battle against the SEC, the New York-based attorney has indicated his intention to...
Bitcoin News / Bitcoinist - 1 year ago
Data from Glassnode has revealed what percentage of traders on Uniswap are bots, and what percentage are humans. Here are the exact numbers. The Dominance Of Each Trader Type On The Uniswap DEX In its latest weekly report, the on-chain analytics firm...
Bitcoin News / Bitcoinist - 1 year ago
Sam Altman’s brainchild, Worldcoin (WLD), is facing scrutiny as the Bavarian state regulator in Germany has been actively investigating the project for a full year. According to Michael Will, the President of the Bavarian State Office for Data...
Bitcoin News / Bitcoinist - 1 year ago
All eyes are on the next Litecoin halving, slated to take place tomorrow August 2nd, 2023. As the moment approaches, anticipation is building around how slashing the mining reward will impact the cryptocurrency called silver to Bitcoin as digital gol...
