Category : Bitcoinist

Bitcoinist

Solana Beats Competitors In Market Cap – Will SOL Shine Brighter This Week?

Solana, the touted “Ethereum killer,” has sustained losses in the past few months because of the bear market and its ties to Sam Bankman-Fried’s now-defunct crypto exchange FTX. But recently, the troubled ecosystem surpassed Shiba Inu and Tron in ter...

Polygon Announces Partnership With Mastercard To Launch Web3 Artist Accelerator Program

Leading blockchain platform Polygon has announced its latest collaboration with Mastercard to launch a Web3 accelerator program aimed at bringing budding musical artists into the spotlight by leveraging Web3 technology and other blockchain-based inno...

Number Of Bitcoin Addresses Holding Over 10+ BTC Reaches Two-Year High

Bitcoin addresses over the last couple of months have been fluctuating between accumulation and dumping. But one important fact is that there has been consistent growth in 2023 despite the market being less than a week into the new year. The importan...

Why The Dollar Death Cross Is Bullish For Bitcoin

Today, the Dollar Currency Index saw a death cross on the daily timeframe. Bitcoin, as an asset trading against USD, is especially susceptible to strength or weakness in the greenback. But what exactly happens when the dollar death crosses and what...

Binance Joins a Sanction Specialist Association to Further Established Guidelines In Crypto

Despite the bear market, Binance is one of the firms that has continued to build and make meaningful partnerships with firms and organizations. In its latest headline on partnerships, Binance joined the Association of Certified Sanctions Specialists...

Sam Bankman-Fried Might Lose Robinhood Assets To FTX Debtors

In the latest update, Sam Bankman-Fried (SBF), former CEO of a bankrupt crypto exchange FTX, requests the court to block debtors’ access to his Robinhood shares. A report announced by US prosecutors revealed the Robinhood shares are worth $450...

Only In Crypto: A Croissant Reviews 2022’s Funniest Moments

2022 was one of the hardest years for crypto and digital assets; the industry saw highs and lows and some of its funnier moments since its inception. Via Twitter CroissantETH tried to review and account for some of these “absolutely unforgettable” mo...

Justin Sun Confirms Huobi Staff Layoffs As Insolvency Rumors Swell

TRON founder Justin Sun, rumored to be the shadow owner of Huobi Global, has confirmed that the crypto exchange was laying off a significant amount of its workforce. This comes amid several rumors circulating in the crypto community, all of which end...

These 5 ‘Lesser Known’ Crypto Made Headlines In The 1st Week Of January

As the first week of 2023 is about to end, some crypto managed to shake off New Year jitters and put together stellar performances, at least in the weekly gains department. While maiden crypto Bitcoin and altcoin king Ethereum are slow to gain some s...

Shiba Inu Takes A Hit As Whale Moves $28.7 Million in SHIB

Shiba Inu has taken a 3% hit today as a whale has moved a massive SHIB stack worth $28.7 million in the last 24 hours. Shiba Inu Has Declined Over The Past Day SHIB had kicked off 2023 on a positive note as the meme coin had been riding an uptrend du...

Why This FTX Former Chief Engineer Is Now Under The Lens Of U.S. Authorities

U.S. authorities are casting a bigger net to come after key figures who may have been involved in anomalies at disgraced crypto exchange FTX. The U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) are now ca...

ECB Officials Want To Monitor Crypto Under Gambling Laws

In an official blog post, the European Central Bank (ECB) has urged that cryptocurrency users should be given protection under online gambling laws. The crypto crash of 2022 has been devastating for the industry and has led to regulatory policies bei...

Next Crypto Exchange On The Brink? Huobi And Justin Sun Rumors Intensify

Multiple rumors surrounding Huobi and its supposed “shadow owner” Justin Sun are currently fueling fears that another crypto exchange may experience a bank run. Seychelles-based exchange Huobi has seen a significant increase in net outflo...

DCG Closes Subsidiary HQ Digital, Fueling Fears In Bitcoin Market

Digital Currency Group (DCG), the crypto conglomerate that owns lender Genesis Trading and asset manager Grayscale, among others, today made public that it has closed its asset management division called HQ Digital, fueling new fears within the bitco...

Crypto Lender Genesis Reduces Staff As It Ponders On Bankruptcy Filing

A lot of ups and downs going on in the crypto industry have pushed some, if not most, companies to the edge of insolvency. Following its request for emergency bailout funding, popular crypto lender Genesis has slashed its staff members and is now con...

Founder Of Multi-Million Dollar NFT Rugpull ‘Mutant Ape Planet’ Facing Fraud Charges

Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpullers, an endeavor that is relatively new fo...

Crypto Asset Inflows Fall To Three-Year Lows Amid 63% Bitcoin Drawdown

Crypto asset inflows recorded one of their worst years in 2022. The year had been one fraught with market dips and crashes that saw over $2 trillion wiped off its market cap. Investors responded to this by pulling their money out of the market, and i...

Altcoin Trading Dominance Exceeds 50%, What Does This Mean For Bitcoin?

On-chain data shows the trading dominance of altcoins is now more than 50%; here’s what this may mean for Bitcoin. Altcoin Trading Dominance Has Increased To More Than 50% As pointed out by an analyst in a CryptoQuant post, sustainable moves in...

NY Attorney General Sues Celsius Co-Founder For Fraud

According to the Wall Street Journal, Celsius co-founder Alex Mashinsky was sued by New York Attorney General Letitia James. The government official filed a civil lawsuit against Mashinsky, accusing him of “defrauding investors out of billions of dol...

Crypto-Friendly Silvergate Faces $8 Billion In Customer Withdrawals

According to a report from The Street, crypto-friendly bank Silvergate (SI) retraced on a massive 27% rally following a preliminary quarter result. The financial institution recorded a steep decline in customer withdrawals. As a result, Silvergate&...

SEC Says No To Binance’s Acquisition Of Voyager Digital Assets

Last month, bankrupt crypto lender Voyager Digital accepted Binance.US’s bid to purchase its assets for over $1 billion. This had come through after the collapse of FTX, the exchange that was originally accepted to acquire the lender’s assets. The ac...

FTX Linked Robinhood Shares Worth $460 Million To Be Seized By U.S. Justice Department

The United States Department of Justice is now stepping in to take control of matters in the ongoing brouhaha involving the now-defunct crypto exchange FTX and other parties. The DOJ is now working on a plan to seize Robinhood Markets shares related...

Shiba Inu Rises 3% In Last 24 Hours, Can SHIB Flip Solana Again?

Shiba Inu has seen a rise of 3% during the last 24 hours, but the meme coin is still behind Solana in terms of market cap. Shiba Inu Has Enjoyed Uptrend In The Past Day, While Solana Declines 2022 was an abysmal year for both Shiba Inu and Solana, as...

Can Bitcoin ‘Detect’ Stupid People? This Book Author And Math Statistician Says Yes, It Can

Nassim Nicholas Taleb has released a number of provocative comments on social media regarding bitcoin in 2022. The author of “The Black Swan” and “Antifragile” has compared the world’s largest cryptocurrency to a contagi...

Big Move Is Brewing For Bitcoin As Volatility Hits Historic Lows

The Bitcoin market has become extremely boring for traders over the past few weeks. Volatility has fallen to historically low levels, but this could mean that a major move is imminent in the near future. As stated by analyst Charles Edwards of Caprio...

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