Bitcoin News / Bitcoinist - 2 years ago
Recent data from Matrixport, a digital asset financial services platform, confirm that institutional investors have not abandoned crypto, especially Bitcoin. According to data, institutional investors now account for 85% of Bitcoin purchasing. Matri...
Bitcoin News / Bitcoinist - 2 years ago
State Department of Motor Vehicles divisions aren’t exactly known for efficiency. However, a new pilot project from California’s state DMV could look to change that. The state is now kicking off a pilot program, which will operate on Tezo...
Bitcoin News / Bitcoinist - 2 years ago
The crypto market sentiment dropped drastically through 2022. Most of it was triggered by multiple firms collapsing, sending market prices into a downward spiral. This saw investor sentiment bouncing between fear and extreme fear for the better part...
Bitcoin News / Bitcoinist - 2 years ago
Despite its goal to become a crypto hub, the United Kingdom (U.K.). is still strict with its crypto regulations. Today, the U.K. financial conduct authority disclosed its regulatory approval of crypto firms, and out of the 300 that applied for approv...
Bitcoin News / Bitcoinist - 2 years ago
In a recent tweet Ben Lilly, co-founder of Jarvis Labs, the on-chain analytics and token design firm, gave his analysis of the past, present, and possible future of inflation and how this can affect Bitcoin and the crypto market. According to Lily,...
Bitcoin News / Bitcoinist - 2 years ago
In the past, the Irish Central Bank has been critical of crypto and digital assets. Ireland’s Central Bank governor, Gabriel Makhlouf, has now urged lawmakers to ban crypto advertisements. According to the Ireland Central Bank, cryptocurrency a...
Bitcoin News / Bitcoinist - 2 years ago
As of writing, Shiba Inu has been up 41% in the monthly time frame. This rally is being boosted by the renewed investor sentiment in cryptocurrencies which led to major cryptocurrencies like Bitcoin and Ethereum regain ground lost when FTX collapsed....
Bitcoin News / Bitcoinist - 2 years ago
Data from Santiment shows these altcoins have seen elevated whale activity recently, which may make them ones to watch for in the coming days. Polygon (MATIC), Aave (AAVE), And Dydx (DYDX) See Increased Whale Transactions According to data from the o...
Bitcoin News / Bitcoinist - 2 years ago
The bulk of the cryptocurrency market entered 2023 with a great deal of optimism, as the majority of its crypto assets began showing good outcomes on charts spanning several timeframes. In the final days of January, we pick these top 5 cryptos that h...
Bitcoin News / Bitcoinist - 2 years ago
The tragedy of FTX appears to be becoming more personal, as the bankrupt exchange’s legal counsels are now seeking to drag the founder’s family members and grill them about how they established their affluence. In a court filing, FTX atto...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin’s adoption into the mainstream – not only as a store of value but also as a means of payment – took a big step forward today. As Strike CEO Jack Mallers announced via Twitter, the Bitcoin Lightning Network went live yesterda...
Bitcoin News / Bitcoinist - 2 years ago
Tesla CEO Elon Musk has once again come out as a Dogecoin supporter. After being somewhat less forthcoming with his love for Dogecoin in recent weeks, Musk responded to a series of tweets from Mcdonald’s and ultimately to a question from a DOGE...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu is a meme coin that has been able to make its way out of the industry and into the mainstream. It has already penetrated the payments sector with multiple crypto payment processors already accepting SHIB, as well as the food industry with t...
Bitcoin News / Bitcoinist - 2 years ago
While the world of finance can’t look past the recent year-to-date returns of Bitcoin and other cryptocurrencies, it’s the S&P 500 that has everyone glued to their seats. The S&P 500 is at the most-watched trend line in global markets and th...
Bitcoin News / Bitcoinist - 2 years ago
Big tech giant Amazon is taking another step to solidify a position in the crypto industry. According to a report from crypto news outlet Blockworks, the company will launch a non-fungible token (NFT) initiative sometime in spring 2023. The report c...
Bitcoin News / Bitcoinist - 2 years ago
The Solana-based decentralized exchange (DEX) Mango Labs sued Avraham Eisenberg for its “profitable trading strategy.” The individual exploited a vulnerability in the platform allowing him to profit to the detriment of Mango Markets and its users. ...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin usually sets the pace for other cryptocurrencies to follow. Analysts usually focus on Bitcoin to identify or predict market trends. The latest analysis from pseudonym analyst Game of Tradeshas revealed six on-chain metrics showing the same le...
Bitcoin News / Bitcoinist - 2 years ago
The collapse of the crypto exchange FTX last year shook the industry. The exchange was among the top in the industry, with many investors and firms as users. However, following FTX’s filing for bankruptcy, the investors lost access to their fun...
Bitcoin News / Bitcoinist - 2 years ago
The price of Aptos (APT) has been on the rise over the last week. The digital asset which had been adversely affected by the collapse of FTX, which was one of its backers, seems to be finding its feet in the market once more. Aptos price has now rall...
Bitcoin News / Bitcoinist - 2 years ago
Hackers broke through the social media accounts of Robinhood, a prominent US online trading platform, to peddle a fraudulent coin. The fake token is called RBH on the Binance Smart Chain. Wednesday, the account released a tweet announcing the debut o...
Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin exchange whale ratio has surged recently. Here’s what it may mean for the price of the cryptocurrency. Bitcoin Exchange Whale Ratio (72-Hour MA) Breaks Above 85% As pointed out by an analyst in a CryptoQuant post...
Bitcoin News / Bitcoinist - 2 years ago
Electric car manufacturer Tesla has released its fourth-quarter financial report, revealing that the company’s Bitcoin holdings have remained unchanged, just like its Dogecoin holdings – which are still zero. In the report released yester...
Bitcoin News / Bitcoinist - 2 years ago
In the past year, bitcoin’s price has declined by about 60% from its all-time high. This has diminished the excitement surrounding the alpha coin, but not entirely. There are still many who have faith in the cryptocurrency’s future. One o...
Bitcoin News / Bitcoinist - 2 years ago
Although the XRP Ledger (XRP) is an open-source, public, and decentralized layer 1 blockchain run by a global community of developers, there has been a history of criticism for perceived centralization; the most high-profile case being the U.S. Secur...
Bitcoin News / Bitcoinist - 2 years ago
Axie Infinity has been almost chocked to extinction by 2022’s bear market. During that same year, interest in NFTs declined, hitting Axie Infinity hard. According to CoinGecko, the token has been experiencing growth in almost all time frames with th...
