Bitcoin News / Bitcoinist - 1 year ago
The Bitcoin and crypto market is bracing for a whirlwind week ahead, with pivotal events that could significantly influence trading and regulatory landscapes. From Binance’s legal tussle with the SEC to crucial economic data releases, here are...
Bitcoin News / Bitcoinist - 1 year ago
It has been almost one year since the FTX crypto exchange filed for bankruptcy and the contagion brought about by its collapse continues to unfold. So far, the exchange has gone after various companies and institutions in a bid to recover the billion...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase CEO Brian Armstrong in a recent interview unveiled his interest in a novel concept within the cryptocurrency sphere, known as “flatcoins.” According to Armstrong, flatcoins represent the next evolution of stablecoins, offering a...
Bitcoin News / Bitcoinist - 1 year ago
Ripple Labs has unveiled new details about its acquisition of blockchain infrastructure company, Fortress Trust. The acquisition talks reportedly “accelerated” after Fortress’s customers lost funds due to a security incident involvi...
Bitcoin News / Bitcoinist - 1 year ago
There have been several debates on the likelihood of the court granting the US Securities and Exchange Commission’s (SEC) motion for an interlocutory appeal in its legal battle against Ripple Labs. Following this, a former SEC official has come out t...
Bitcoin News / Bitcoinist - 1 year ago
Sam Bankman-Fried, the controversial founder of the FTX cryptocurrency exchange, has once more thrust himself into the spotlight, seeking his release from incarceration at the Metropolitan Detention Center in Brooklyn. This development has ignited si...
Bitcoin News / Bitcoinist - 1 year ago
FTX, the bankrupt cryptocurrency exchange, is slated to appear in Delaware Bankruptcy Court on Wednesday, September 13, to seek approval for the liquidation of $3.4 billion in Bitcoin and crypto assets. The event has raised concerns among market anal...
Bitcoin News / Bitcoinist - 1 year ago
Due to the ever-changing nature of cryptocurrency technology, it has always been subject to regulatory amendments around the globe. The G20, a group of 20 developed economies, has opted for a unified approach to design a comprehensive crypto rule boo...
Bitcoin News / Bitcoinist - 1 year ago
A well-known North Korean hacker group has once again made headlines this week, as federal authorities have revealed that they successfully stolen approximately $41 million worth of cryptocurrencies. This audacious theft targeted an online casino and...
Bitcoin News / Bitcoinist - 1 year ago
A recent study has revealed that the cryptocurrency markets in the United States and Europe remain remarkably robust and are making significant progress, despite facing intense scrutiny and uncertainty in the US market. According to research conducte...
Bitcoin News / Bitcoinist - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
In an interview with Forbes, Texas Senator Ted Cruz voiced support for Bitcoin mining and affirmed that mining operations benefit the Texas economy and grid. Cruz admired the decentralized nature of cryptocurrency technology and talked about the fina...
Bitcoin News / Bitcoinist - 1 year ago
US Congressman and popular crypto advocate Tom Emmer has stated his intentions to introduce an appropriations amendment that limits the ability of the US Securities and Exchange Commission to deploy funds on digital asset enforcement. SEC Chairman Ab...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin miners in Texas are facing a temporary setback as they power down their operations in response to the state’s ongoing energy crisis. The scorching heatwave that gripped the Lone Star State forced the Electric Reliability Council of Texa...
Bitcoin News / Bitcoinist - 1 year ago
The United States Securities and Exchange Commission has submitted a new filing pushing for the approval of its request to appeal the court’s judgment in the lawsuit against Ripple Labs. This comes exactly a week after the payment technology platform...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin (BTC) has recently sent a cautionary signal to cryptocurrency investors, with Bloomberg Intelligence’s senior macro strategist, Mike McGlone, issuing a stark warning amid the renewed hopes for exchange-traded funds (ETFs). Despite the...
Bitcoin News / Bitcoinist - 1 year ago
Michael Barr, a high-ranking official at the US Federal Reserve, expressed concern over the growing use of “unregulated” stablecoins pegged to the dollar. Many popular stablecoins are designed to mirror the value of the USD. Stablecoin Ad...
Bitcoin News / Bitcoinist - 1 year ago
The recent bearish trend in the crypto market have prompted many to speculate about the market’s next movements. Among these speculators, analyst Dan Gambardello’s latest insights suggest a bullish future for the market. Gambardello’...
Bitcoin News / Bitcoinist - 1 year ago
Here’s, in numbers, how much transaction volume the Bitcoin network has handled in total during its entire history so far. Bitcoin Total Cumulative Volume According To Three Different Models In a new post on X, the lead on-chain analyst at Glas...
Bitcoin News / Bitcoinist - 1 year ago
Ripple, a prominent cryptocurrency firm, has announced its acquisition of Fortress Trust, a financial institution that offers Web3 financial, regulatory, and technology infrastructure for blockchain innovators. With a focus on providing back-end inf...
Bitcoin News / Bitcoinist - 1 year ago
The Commodity Futures Trading Commission (CFTC) intensified its focus on the digital asset decentralized finance (DeFi) space, issuing simultaneous orders against Opyn, ZeroEx, and Deridex, Inc. The charges stem from allegations of offering illegal...
Bitcoin News / Bitcoinist - 1 year ago
A little over a year ago, Faruk Fatih Ozer, founder and CEO of crypto exchange Thodex was arrested by Turkish authorities. After a long trial, Fatih was sentenced to over 11,000 years in prison after being found guilty of several financial crimes. O...
Bitcoin News / Bitcoinist - 1 year ago
Crypto accounting is undergoing a seismic shift in the United States as the Financial Accounting Standards Board (FASB) unanimously approves new rules governing the fair valuation of companies’ cryptocurrency holdings, according to recent repor...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Bitcoin exchange supply has registered an increase of 3.1% during the past two weeks. Here’s what this could mean. Bitcoin Supply On Exchanges Has Been Going Up Recently According to data from the on-chain analytics firm...
Bitcoin News / Bitcoinist - 1 year ago
In a rapidly evolving global landscape, where nations are vying for dominance in the Bitcoin mining sector, Oman has emerged as a dark horse with its ambitious plans. The nation aims to capture a staggering 7% of the global Bitcoin hash rate by June...
