Bitcoin News / Bitcoinist - 2 years ago
The debacle between the Gemini exchange and crypto lender Genesis, and by extension, Digital Currency Group (DCG), has grown heated over the last couple of weeks. Now, with Gemini customers and creditors turning the heat up on the exchange to recover...
Bitcoin News / Bitcoinist - 2 years ago
Something big just happened on the Bitcoin blockchain. Crypto analytics firm CoinMetrics noted that $8 trillion worth of transactions have been made on the crypto king blockchain. This means that more and more people are using Bitcoin to transact in...
Bitcoin News / Bitcoinist - 2 years ago
Per a report from the New York Times (NYT), crypto exchange Coinbase (COIN) reached an agreement with the New York Department of Financial Services (NYDFS). The company will pay around $100 million to improve its account and background checks. Half...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin 7-day volatility is now at lows not seen in 2.5 years as boring price movement continues. Bitcoin 7-Day Volatility Now Sits At A Value Of Just 0.7% According to the latest weekly report from Arcane Research, the BTC volatility...
Bitcoin News / Bitcoinist - 2 years ago
The National Crime Agency (NCA) of the United Kingdom is forming a team that will be responsible for handling issues pertaining to crypto crimes. This group of officials will primarily investigate unethical practices in the industry. A job advertisem...
Bitcoin News / Bitcoinist - 2 years ago
The year 2022 was a difficult one for the broader crypto market. Bitcoin, the largest cryptocurrency in the world, suffered more than 60% in price decline, while the market lost more than $1.3 trillion in value. This drop means that investors have se...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin trading volume on Binance has now fallen to lows not observed since before the fee was removed. Bitcoin 7-Day Average Trading Volume On Binance Continues Decline As per the latest weekly report from Arcane Research, the market...
Bitcoin News / Bitcoinist - 2 years ago
With the prolonged crypto bear market ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, an ex-chief financial officer of two special...
Bitcoin News / Bitcoinist - 2 years ago
The South American country of Argentina will elect a new president in October 2023, and there is a real chance that a pro-Bitcoin candidate will be elected as the new head of state. The candidate in question is Javier Gerardo Milei, who is currently...
Bitcoin News / Bitcoinist - 2 years ago
Ripple Labs CEO Brad Garlinghouse doesn’t often get to speak on Twitter, but when he does, he usually delivers a powerful message. Yesterday, Garlinghouse took to Twitter again to deliver a prediction for 2023. The Ripple CEO explained that yes...
Bitcoin News / Bitcoinist - 2 years ago
Yesterday was Genesis Block day which is also known as the “birthday of Bitcoin,” the oldest (surviving) cryptocurrency according to Investopedia. On January 3, 2009, Bitcoin’s mystery creator Satoshi Nakamoto mined the first BTC b...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin predictions have been rolled out with the start of the new year. These predictions come from prominent personalities in the space who have shared where they think the price of the digital asset is headed. Some of these are bullish while other...
Bitcoin News / Bitcoinist - 2 years ago
FTX founder and former CEO Sam Bankman Fried (SBF) appeared before U.S. District Judge Lewis Kaplan in a Federal Court in New York. The former executive pleaded not guilty to eight charges, including those related to wire fraud and conspiracy to comm...
Bitcoin News / Bitcoinist - 2 years ago
Morocco drafted a crypto law allegedly directed at safeguarding crypto investors from the risks of the nascent industry. This will be Morocco’s first cryptocurrency bill, which will be introduced in the coming days. The regulatory framework wil...
Bitcoin News / Bitcoinist - 2 years ago
The DCG and Genesis debacle continue to wax strong and Grayscale Bitcoin Trust has taken some of the heat from this. The majority of the concerns have been raised around the ability of Digital Currency Group to be able to repay its debt to Genesis, w...
Bitcoin News / Bitcoinist - 2 years ago
On the same day Shiba Inu founder Shytoshi Kusama tweeted (December 29) about Shibarium, ETH whales accumulated SHIB, and putting the crypto in the top 10 ranking of the most held token among 2,000 whales in the last 24 hours. The launch of Shibariu...
Bitcoin News / Bitcoinist - 2 years ago
The legendary gaming studio Square Enix will continue to double down on Blockchain technology and digital assets in 2023. In a letter published by the company’s president Yosuke Matsuda, the company committed to focusing on “blockchain entertainment”...
Bitcoin News / Bitcoinist - 2 years ago
It seems that the collapse of FTX has turned the tables around for Curve Finance and its CRV token, as more people switched to DEXs and DeFi. CRV has dipped in terms of Total Value Locked (TVL) in 2022 which is considerably lower in comparison to its...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the crypto market was fearful for almost the entirety of 2022 and has so far continued the streak into the new year. Crypto Fear And Greed Index Continues To Point At “Fear” The “fear and greed index” is an indicato...
Bitcoin News / Bitcoinist - 2 years ago
Ripple CTO David Schwartz and self-proclaimed Bitcoin inventor Craig Wright clashed for the first time around the Christmas holidays in a verbal altercation on Twitter. As Bitcoinist reported, the dispute ended with Schwartz ignoring his counterpart...
Bitcoin News / Bitcoinist - 2 years ago
As the war in Ukraine continues in its 10th month, the Russian Federation recently announced a possible increase in energy production as demand from crypto miners increased. This increase in crypto mining can be attributed to the Federation’s push t...
Bitcoin News / Bitcoinist - 2 years ago
Su Zhu, a co-founder of Three Arrows Capital, has spoken out in a Twitter thread about the escalating crypto war between Digital Currency Group (DCG) CEO Barry Silbert and the Winklevoss twins, founders of US exchange Gemini. As Bitcoinist reported y...
Bitcoin News / Bitcoinist - 2 years ago
2022 is coming to an end, and our staff at Bitcoinist decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the spi...
Bitcoin News / Bitcoinist - 2 years ago
Economist Peter Schiff has been in strong opposition to bitcoin for a long time, and his stance on the digital asset has not changed over time. However, recent forecasts from the economist could actually be in favor of bitcoin if they do come to pass...
Bitcoin News / Bitcoinist - 2 years ago
Polygon has surged 3% in the last 24 hours as data shows Ethereum whales have been shopping up MATIC this New Year. 500 Biggest Ethereum Whales Have MATIC In Their Top 10 Purchased List 2022 was an abysmal year for Polygon investors as the cryptocurr...
