Category : Bitcoinist

Bitcoinist

Proof-Of-Stake Market Cap Takes A 7% Hit, Now At $254 Billion – What Does It Mean?

Proof-of-Stake (PoS) assets have recently faced a notable shift. According to a report, the market capitalization of PoS assets took some kind of beating, dropping by 7% in the third quarter of the year, with the total value shrinking to $254 billion...

Shiba Inu Marketing Lead Clarifies Why Shibarium Doesn’t Burn SHIB

The Shiba Inu community was buzzing recently, seeking clarity on the burning process of SHIB tokens on Shibarium, the project’s layer-2 (L2) blockchain network. Addressing these concerns, Shiba Inu’s marketing lead, Lucie, broke down the...

FTX And Alameda Research Sell $13.35 Million Of Assets, What’s Their Strategy?

Addresses related to FTX, the bankrupt crypto exchange, and Alameda Research, the trading wing associated with the exchange, have cumulatively transferred $13.35 million of assets to Binance, a crypto exchange via Wintermute Trading, over the last 24...

Solana Announces Incubator Program To Catalyze Growth For Startups

Solana (SOL) Labs has recently unveiled its Incubator program. According to a recent announcement, the initiative aims to foster and support the development of startups building on the Solana network. The program offers a range of resources and assi...

XRP News: Why Is November 8-9 Important To Ripple?

Like many other crypto companies, Ripple has important dates and events that carry the possibility of triggering a bullish momentum for the XRP token. This is why some dates are more important than others and the most recent of these to emerge is the...

In South Korea, XRP Is King: What’s Behind This Shift?

In South Korea, XRP, the native currency of the XRP Ledger (XRPL), is king, not Bitcoin (BTC). According to Kaiko’s research, trading is concentrated chiefly on XRP, which stays ahead of Bitcoin, Ethereum (ETH0, Solana (SOL), and other altcoins...

Will The SEC’s Rejection Of Spot Bitcoin ETFs Ignite A Legal Firestorm? JPMorgan Thinks So

Per crypto news outlet The Block, JPMorgan recently weighed in, among the voices navigating the crypto space, suggesting possible legal repercussions should the US Securities and Exchange Commission (SEC) decline spot Bitcoin Exchange Traded Fund (ET...

XRP Price: Crypto Analyst Sounds Urgent Warning, Here’s Why

A crypto analyst has warned crypto investors against trading XRP, stating that investors have missed the opportunity to make gains from the cryptocurrency. Analyst Advocates Against XRP Trading A prominent X (formerly Twitter) crypto analyst, IncomeS...

CoinFLEX And 3AC Founders Under Fire For Misappropriating Creditor Assets

In a revelation brought to light by an account on X (formerly Twitter) under the name “CoinFLEX Real,” allegations have emerged indicating that the founder of CoinFLEX, a derivatives exchange based in Hong Kong, along with their partners...

Banking Giant JPMorgan Records $1B Transactions Daily In Digital Token JPM Coin

JPMorgan, the American banking powerhouse, continues to move forward with its digital finance strategy, processing $1 billion in transactions daily through its proprietary digital token, JPM Coin. This milestone, reported by Bloomberg on Thursday, u...

Bitcoin Price Is Pushed Higher By Institutional Demand: 5 Clear Signs

In recent times, the Bitcoin market is witnessing a seismic shift, with BTC’s price ascent deeply rooted in burgeoning institutional demand. Expert commentary and market data are coming together to unveil a comprehensive picture of this profound inst...

Linqto’s Ray Fuentes Reveals The Factors That Could Drive A Ripple IPO In 2024

Rumors of a Ripple IPO have been swirling the crypto community for quite some time now and industry leaders are beginning to join in on the conversation. The latest comments come from Lint’s Community Director Ray Fuentes, who believes an Initial Pub...

Sam Bankman-Fried Will ‘Get Skinned Alive’ When He Testifies In Court: Scaramucci

In a candid panel discussion back in January this year, Anthony Scaramucci criticized Sam Bankman-Fried, whom he had considered a close friend, stating that Bankman-Fried’s actions had damaged his reputation. Sam Bankman-Fried, currently facing...

Shiba Inu Community Tracks Down Founder’s Wallet, You Won’t Believe How Much It Holds

Recent reports about Shiba Inu’s pseudonymous founder Ryoshi by the Shiba Inu community after tracking the founder’s wallet have sparked controversy within the Shiba Inu ecosystem. Shibburn Claims Ryoshi Holds $1 Billion In Shiba Inu Acco...

Bitcoin Spot ETF: Expert Reveals Why BlackRock DTCC Listing Is Not Important

The listing of BlackRock’s Bitcoin ETF on DTCC has raised the hopes of many crypto enthusiasts on the potential approval of spot BTC ETFs. However, a renowned ETF expert has discouraged this optimism, stating that the recent DTCC listing has no signi...

Crypto Resurgence Triggers $200 Billion Loss In ‘Magnificent Seven’ Tech Shares

The crypto market is currently experiencing a significant upswing, with cryptocurrencies collectively gaining $1.3 trillion in market capitalization over the past week. This surge in enthusiasm for digital assets coincides with the imminent approval...

Shiba Inu Based NFT Marketplace Sees Massive Traffic Surge, Pauses New Mints

PawZaar, the newly unveiled NFT marketplace tailored for the Shiba Inu ecosystem, experienced an overwhelming volume of traffic shortly after its introduction. Launched on October 24, this marketplace represents the inaugural NFT trading platform bui...

The Most Jaw-Dropping Revelations Made About FTX’s Sam Bankman-Fried During Trial

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), has produced some interesting revelations even as SBF is set to testify in his case when his hearing resumes on October 26. The most notable ones seem to have co...

Crypto Terror Funding: Elliptic Uncovers The Real Extent

Crypto terrorism funding is at the focus of analysts today as concerns have been raised about the use of digital assets in funding militant organizations, with a particular focus on Hamas. However, blockchain forensics firm Elliptic is challenging th...

Pro-XRP Lawyer Deaton Predicts Timeline For Final Ripple-SEC Judgment

Prominent attorney advocating for XRP investors, John Deaton, has shared his views on the ongoing case between Ripple and the US Securities and Exchange Commission (SEC). Deaton took to X (formerly Twitter), predicting a prolonged timeline before a f...

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