Category : Bitcoinist

Bitcoinist

SEC Delays WisdomTree’s Spot Bitcoin ETF Application Alongside Others

In a move widely anticipated by industry experts, the US Securities and Exchange Commission (SEC) has announced a delay in the review process for WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) application. Seven Bitcoin Spot ETF A...

Coinbase Vs SEC: XRP Lawyer Rates Chances Of Case Dismissal At 35%, Here’s Why

Popular pro-XRP lawyer John E. Deaton has weighed in on the ongoing court case between the United States Securities and Exchange Commission (SEC) and the Coinbase cryptocurrency exchange. In June, the US securities regulator launched a lawsuit agains...

Can Bitcoin Continue Rally? Rising Volume May Hint So

On-chain data shows the Bitcoin trading volume has been increasing recently, which could help further the asset’s rally. Bitcoin Trading Volume Has Registered A Large Boost Recently According to data from the on-chain analytics firm Santiment,...

US Court Defies SEC Interpretation Of Crypto, XRP Lawyer Weighs In

Regulators are still figuring out how to oversee crypto, but some recent judicial rulings show promise for the industry’s legal battles with the US Securities and Exchange Commission (SEC). Bill Morgan, an attorney representing Ripple in its pr...

SWIFT Embraces Crypto: Integration With Chainlink (LINK) A Success?

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced a success with its integration with Chainlink (LINK). The international entity has been experimenting with blockchain technology, both private and public networks, and...

This Nigerian Crypto Exchange Valued At $50 Million Is Raising Suspicions, Here’s Why

Nigerian crypto exchange Patricia has raised suspicions following its newly launched Patricia Stablecoin labeled PTK and its unilateral decision to convert users’ funds to its stablecoin without its users’ consent. Patricia’s Dubious Move...

Binance Is Taking Japan By Storm As It Brings Listed Crypto Count To 100

Despite struggling with regulatory challenges that have seen it delist several high-end tokens, Binance has pledged to triple its crypto asset count up to 100 on its Japanese subsidiary platform. Binance Japan To Increase Number Of Listed Tokens To...

Bitcoin Cash Traders Back In Profit As BCH Surges 15%

On-chain data shows both the short-term and long-term Bitcoin Cash holders have entered into profits following the 13% rally. Bitcoin Cash Traders Return To Profits As Whales Ramp Up Activity According to data from the on-chain analytics firm Santime...

Jeremy McLaughlin Forecasts Crypto Resurgence in The US – Here’s How

A partner at K&L Gates law firm, Jeremy McLaughlin, has predicted a resurgence in the US crypto industry amid ongoing regulatory turmoil. According to the crypto-focused lawyer, the US Securities and Exchanges Commission’s recent court loss...

Is South Africa On A Crypto Blacklist? These Events Could Suggest So

South Africa (SA) is projected as one of the most crypto-friendly African countries. However, a recent development suggests that the crypto industry in the country may be enduring a torrid time as US crypto firms move to block users in the country. ...

Bitcoin Mining Firm’s Tire Burning Plan Gets Flak From Environmental Groups

A Bitcoin mining company has come under fire for seeking approval to utilize tire-derived fuel to power its crypto mining operations in Nesquehoning, Pennsylvania. The contentious decision has set environmental advocacy groups and the company on oppo...

Worldcoin Hits New Sign-Up Record Despite 48% Decline In WLD Price

Worldcoin, a cryptocurrency project co-created by Sam Altman, disclosed that there has been an increase in demand for World ID. This growing popularity is said to have resulted in a new single-day record for user sign-ups in Argentina. This feat come...

Bloomberg Increases Likelihood Of Grayscale Spot Bitcoin ETF Approval Amid Uncertainty

Following the court’s ruling in favor of Grayscale against the US Securities and Exchange Commission (SEC), many have begun to wonder whether or not the SEC will succumb and approve Grayscale’s ETF application. However, this looks more likely as Bloo...

Who’s Behind Shiba Inu? Researcher Reveals New Theory About Ryoshi

The mystery surrounding the identity of the founder of Shiba Inu, known as “Ryoshi,” has taken another twist. A recent theory proposed by crypto researcher @BoringSleuth suggests that the elusive Ryoshi might be a combination of two indiv...

Grayscale CEO Hints At Timeline For Bitcoin Spot ETF Decision

In a recent interview on “Bloomberg Markets,” Grayscale Investments CEO Michael Sonnenshein described the US appeals court’s decision to overturn the Securities and Exchange Commission’s (SEC) block of his firm’s propose...

Robinhood Is The 5th Largest Ethereum (ETH) Wallet, Strategic Stashing?

A digital wallet associated with Robinhood, the United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the fifth largest holder of Ethereum (ETH). According to Arkham Intelligence, an on-chain...

Judge Sets Deadline: FTX Founder SBF’s Fate Hangs On September 7 Jury Request

In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today. The proceedings shed light on the defense’s alleg...

BlockFi Seeks Permission To Convert Trade Only Assets To Stablecoins In Latest Court Petition

Bankrupt digital asset lender BlockFi has filed a court petition requesting permission to convert the Trade Only assets of its users to stablecoins, thus allowing the withdrawal of these tokens. This development marks the company’s latest effort to r...

Robinhood Wallet Introduces Swapping For Bitcoin, Dogecoin, And Ethereum

Robinhood Wallet, the popular multi-chain, self-custody, Web3 wallet, has introduced new features to meet the demands of its growing user base. In response to user feedback, Robinhood Wallet now supports Bitcoin (BTC) and Dogecoin (DOGE), allowing us...

DeFi TVL Is Down A Staggering 80% From Its 2022 Highs, Is A Revival Possible?

Back in 2021, the decentralized finance (DeFi) space experienced explosive growth which led to a rapid rise in total value locked (TVL). The TVL would continue to grow into 2022 and maintain a decent level even through the initial bear market trigger...

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