Bitcoin News / Bitcoinist - 2 years ago
In February of 2021, Tesla revealed its intention to sell automobiles using Bitcoin, prompting the price of the cryptocurrency to skyrocket, while also purchasing $1.5 billion worth of the crypto. One BTC was valued at around $43,000 at the time of t...
Bitcoin News / Bitcoinist - 2 years ago
On Monday, Elon Musk surprised everyone with the news that Twitter had started applying for regulatory licenses to enter the payments business in the U.S., which sent the Dogecoin price soaring. As Bitcoinist previously reported, there have been rumo...
Bitcoin News / Bitcoinist - 2 years ago
I wouldn’t bet any amount of money on a web-based mini-game titled ‘Dookey Dash’ to revive much of anything, and certainly not the entire sub-section of a niche crypto corner. However, Yuga Labs’ first take at an ‘ape in...
Bitcoin News / Bitcoinist - 2 years ago
The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster” if the United State...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin is already seeing a drawdown which has sparked speculation that the mini-bull run has come to an end. However, over the long term, there is still a bullish case for the digital asset but how high the price will go remains anyone’s best guess....
Bitcoin News / Bitcoinist - 2 years ago
The correlation between the S&P 500 and Bitcoin is only increasing, inching closer to reaching levels where in the past the cryptocurrency strengthened. Meanwhile, the S&P 500 just closed its January monthly session outside of a key trend li...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin is on the wealthy’s wish list. According to recent data, 8 out of 10 high net worth (HNW) individuals have asked for financial advice on adding cryptocurrencies to their portfolios in 2022. Related Reading: Breaking News – Why Alameda...
Bitcoin News / Bitcoinist - 2 years ago
After much anticipation from the Cardano community, the network developers have finally launched the ecosystem’s overcollateralized stablecoin called ‘Djed.’ Per the announcement, the stablecoin launch comes after its successful security...
Bitcoin News / Bitcoinist - 2 years ago
In the last year, many have claimed the crypto industry is under attack by U.S. regulators and recent data supports this perception. The agencies in this country shattered all previous records, since 2013, in terms of legal actions against companies...
Bitcoin News / Bitcoinist - 2 years ago
The founder of disgraced crypto exchange FTX Sam Bankman-Fried (SBF), has once again come under serious criticism. According to U.S. Justice Department in a Wall Street Journal report, SBF attempted to stall bankruptcy proceedings through leniency fr...
Bitcoin News / Bitcoinist - 2 years ago
Significant crises and unpleasant events negatively impacted Bitcoin and other crypto asset prices in 2022. Some notable events include the collapse of Terra and its ecosystem, the implosion of the FTX exchange, and the spreading of contagions that f...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Bitcoin exchange inflows and outflows have reached a stalemate as netflows aren’t leaning in any particular direction. Bitcoin Demand Possibly Slowing Down As Netflows Become Neutral According to the latest weekly report from Glassno...
Bitcoin News / Bitcoinist - 2 years ago
The need for consumer protection has recently increased, given the high occurrence of scams and hack incidents in the crypto space. As a result, even global regulators, governments of different countries, and crypto firms have been seeking ways to ke...
Bitcoin News / Bitcoinist - 2 years ago
The Shiba Inu community is still eagerly awaiting the launch of the layer-2 technology Shibarium. While there are some hints and speculations that the launch date is scheduled for Valentine’s Day, February 14, there is no confirmed official lau...
Bitcoin News / Bitcoinist - 2 years ago
Institutional investors and high net worth (HNW) individuals’ adoption of crypto has dwindled because of the 2022 bear market. But before the start of the bear market, 2021 saw the rise of millionaires and institutional investors putting capita...
Bitcoin News / Bitcoinist - 2 years ago
There are numerous new cryptocurrencies that make use of the most recent advancements in artificial intelligence (AI) technology; however, only a select few of these AI-based cryptocurrencies are performing better in terms of their applicability and...
Bitcoin News / Bitcoinist - 2 years ago
Even though the legal battle between Ripple and the U.S. Securities and Exchange Commission was not heard yesterday, Ripple, XRP, and the entire crypto industry won an important partial victory in its fight against the SEC’s overreaching regula...
Bitcoin News / Bitcoinist - 2 years ago
The messy FTX narrative took an intriguing turn on Tuesday when FTX’s sibling firm, Alameda Research, slapped another bankrupt cryptocurrency lender, Voyager Digital, with a lawsuit. Reuters reports that Alameda is attempting to recover approxi...
Bitcoin News / Bitcoinist - 2 years ago
Following the collapse of the crypto exchange FTX, most global regulators intensified their watch on crypto-related activities and platforms like Binance. As a result, some have opened investigations on most of the crypto industry’s prominent c...
Bitcoin News / Bitcoinist - 2 years ago
Following the collapse of the crypto exchange FTX, most global regulators intensified their watch on crypto-related activities and platforms like Binance. As a result, some have opened investigations on most of the crypto industry’s prominent c...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin (BTC) has seen an exponential increase in demand in Nigeria as the country’s central bank encourages the population to switch to digital cash. As a result, the price of Bitcoin has escalated tremendously above global market levels. Th...
Bitcoin News / Bitcoinist - 2 years ago
A UK regulator is investigating the Effective Ventures Foundation, a charity connected to failed crypto exchange FTX, as its founder Sam Bankman-Fried, was a significant contributor to the foundation. Bankman-Fried, who made a name for himself for hi...
Bitcoin News / Bitcoinist - 2 years ago
According to on-chain analysis data released today by Blockchain service Lookonchain, a Polygon whale moved considerable funds in this network’s native token MATIC. The funds were sent to trading venues, thus making the price of the token drop...
Bitcoin News / Bitcoinist - 2 years ago
The rising adoption of digital assets has resulted in multiple countries adding support for digital currencies. Earlier today, China’s central bank, the People’s Bank of China (PBOC), announced the continued expansion of the country’s central bank di...
Bitcoin News / Bitcoinist - 2 years ago
On Monday, 30 January, crypto YouTuber Jeff at OnTheChain.io revealed on Twitter the number of years it might take Shiba Inu to reduce its supply to 100 billion tokens. The crypto analyst identified that Shiba Inu has a quadrillion tokens. He said if...
