Bitcoin News / Bitcoinist - 11 months ago
A new player has emerged in the US market by introducing a new Bitcoin ETF (exchange-traded fund) by T-Rex, an asset manager founded by Benjamin Cohen in 2012. This move puts T-Rex directly competing with ProShares Bitcoin Strategy ETF (BITO) and Vol...
Bitcoin News / Bitcoinist - 11 months ago
Crypto expert Andrew Kang has made a bullish case for meme coins, including the foremost ones like Dogecoin (DOGE) and Shiba Inu (SHIB). He suggested that this category of crypto tokens could be the biggest gainer during the anticipated year-end rall...
Bitcoin News / Bitcoinist - 11 months ago
In a regulatory victory for the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) were officially classified as commodities during Wednesday’s Digital Commodities Senate AG hearing.
Court Backs Bitcoin And Ether’s Commodity Status
Acc...
Bitcoin News / Bitcoinist - 11 months ago
The Department of Justice (DOJ) charged two former consultants for Coins.ph, a well-known crypto currency exchange, in an action shocking the Philippine bitcoin community. Russian nationals Vladimir Evgenevich Avdeev and Sergey Yaschuck are accused o...
Bitcoin News / Bitcoinist - 11 months ago
For a while now, the German government has been reported to be offloading its Bitcoin holdings, thereby adding significant selling pressure on the flagship crypto. On-chain data shows that they still hold a significant amount of BTC, which they have...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin is encouragingly firm at press time, finding its footing above $58,000 and inches away from the critical $60,000 psychological level.
After a volatile week, the stability is a massive boost for bulls. While there are pockets of strength, sel...
Bitcoin News / Bitcoinist - 11 months ago
The stunning fall of Sam Bankman-Fried’s (SBF) once-mighty FTX exchange, in November 2022, is still causing havoc in the crypto space. Nearly two years later, the legal reckoning is still ongoing as former FTX executives Nishad Singh and Gary W...
Bitcoin News / Bitcoinist - 11 months ago
A crypto analyst has declared Solana to be one of the best coins, highlighting the cryptocurrency’s previous price movements, which are marked by upsides and its potential for a major bullish rally.
Solana Gets Best Coin Status
Solana, the fifth lar...
Bitcoin News / Bitcoinist - 11 months ago
In an interview with Tony Edwards of Thinking Crypto, Matthew Sigel, Head of Digital Assets Research at VanEck, explained the firm’s decision to file for a spot Solana-based Exchange Traded Fund (ETF) rather than one based on XRP. VanEck, a pio...
Bitcoin News / Bitcoinist - 11 months ago
Miners are an integral part of the Bitcoin network and since new supply comes through them, it can be important to track what the miners are doing with their coins in an effort to predict where the market might be headed next. Given this, Ki Young Ju...
Bitcoin News / Bitcoinist - 11 months ago
The Cardano-powered sci-fi shooter game Chronoshot was added to the wishlist on the Epic Games Store on Tuesday, marking a remarkable step for the game developer and the ADA ecosystem. Charles Hoskinson, the founder of Cardano, expressed his exciteme...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin, the largest cryptocurrency asset, is in the limelight as the German government, the Bundeskrimanalamt (BKA), has continued its aggressive BTC selling spree, transferring over 6,306 BTC as part of its ongoing liquidation strategy, which has t...
Bitcoin News / Bitcoinist - 11 months ago
On-chain governance marks a significant turning point for Cardano, the proof-of-stake blockchain famed for its painstaking development process. By means of voting on suggestions, this creative mechanism enables ADA holders to directly shape the futur...
Bitcoin News / Bitcoinist - 11 months ago
Uniswap Labs is challenging the US Securities and Exchange Commission’s (SEC) proposed rulemaking efforts that would expand the definition of a crypto ‘exchange’ under US securities laws to include decentralized finance (DeFi) platf...
Bitcoin News / Bitcoinist - 11 months ago
The United States Senate Committee on Armed Services recently recommended exploring Blockchain usage to enhance the country’s national security. The Committee issued a report directing the Department of Defense (DoD) to consider the emerging technol...
Bitcoin News / Bitcoinist - 11 months ago
As inflation rips through Argentina’s economy, the nation appears to be turning its gaze toward cryptocurrencies as a financial haven.
Particularly, with inflation soaring to as high as 276% per year, according to a report, Argentina is now wit...
Bitcoin News / Bitcoinist - 11 months ago
Data shows that ‘paper’ Bitcoin has observed a notable surge recently while the cryptocurrency’s spot price has plunged down.
Paper Bitcoin Has Been Rising While Spot BTC Has Stayed Stale
In a new thread on X, analyst Willy Woo has...
Bitcoin News / Bitcoinist - 11 months ago
The identify of the leaders behind the Shiba Inu project has remained a mystery since the founding of the project, from its pseudonymous founder Ryoshi to the current Lead Developer Shytoshi Kusama. Since Ryoshi stepped away from the project and the...
Bitcoin News / Bitcoinist - 11 months ago
Sydney-based asset manager DIGITALX has secured approval from the Australian Securities Exchange (ASX) to introduce a Bitcoin ETF (exchange-traded fund), marking the second such product to receive the green light from Australia’s top stock market.
T...
Bitcoin News / Bitcoinist - 11 months ago
Bitcoin is plugging the bleed of last week, stabilizing at spot rates, but still stuck within a bearish formation. Unless there is a conclusive close, ideally above $60,000, sellers will still dominate price action in the short to medium term.
Is Bit...
Bitcoin News / Bitcoinist - 11 months ago
Crypto analyst Timeless Crypto has made a bullish case for FLOKI, stating why he prefers the meme coin above other blue chip meme coins like Dogecoin (DOGE). The analyst also predicted that FLOKI could end up making a hug run by year-end.
Why This A...
Bitcoin News / Bitcoinist - 11 months ago
The Chicago Board Options Exchange (Cboe), known for trading Bitcoin exchange-traded funds (ETFs) approved earlier this year, has thrown its support behind the spot Solana ETF applications filed by asset managers VanEck and 21Shares.
On Monday, the...
Bitcoin News / Bitcoinist - 11 months ago
On-chain data shows the Bitcoin Puell Multiple is currently forming a pattern that has previously signaled a bullish opportunity for the asset.
Bitcoin Puell Multiple Has Plunged To Low Levels Recently
As pointed out by an analyst in a CryptoQuant Qu...
Bitcoin News / Bitcoinist - 11 months ago
Shibarmy Scam Alerts has issued a critical warning to the Shiba Inu community, declaring the increasing threat of Telegram scam attacks aimed at deceiving and defrauding unsuspecting SHIB investors
SHIB Scam Tracker Warns Of Telegram Scams
On June...
Bitcoin News / Bitcoinist - 11 months ago
On Monday, Matthew Sigel, head of digital assets research at VanEck, an influential American investment management firm based in New York with $89.5 billion in assets under management, discussed the current Bitcoin market situation. As the sixth-larg...