Bitcoin News / Bitcoinist - 2 months ago
While implementing a strategic Bitcoin reserve on a federal level isnât easy, 20 US states have proposed their own Bitcoin bills.
This includes Oklahoma, Massachusetts, Ohio, Texas, and Illinois. North Carolina plans to allocate the largest sum to $B...
Bitcoin News / Bitcoinist - 2 months ago
Recent reports allege that the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are in talks to collaborate on crypto regulations amid their new approach shift under Trumpâs industry-friendly administrat...
Bitcoin News / Bitcoinist - 2 months ago
On Monday, GameStop CEO Ryan Cohen posted a pic with MicroStrategyâs Michael Saylor.
Many saw where this was going, and they were right â insiders say GameStop plans to take a page from MicroStrategy’s book and invest in Bitcoin ($BTC).
GME sha...
Bitcoin News / Bitcoinist - 2 months ago
On-chain data shows the retail investors have been liquidating their Bitcoin wallets recently, but buying into XRP and Ethereum.
Total Amount Of Holders Up For XRP & Ethereum, But Down For Bitcoin
In a new post on X, the on-chain analytics firm S...
Bitcoin News / Bitcoinist - 2 months ago
Bloomberg exchange-traded fund (ETF) analysts James Seyffart and Eric Balchunas have evaluated the prospects for the altcoin ETF applications submitted by major asset managers these last months.Â
Their analysis reveals a growing optimism regarding th...
Bitcoin News / Bitcoinist - 2 months ago
According to a February 12 filing with the US Securities and Exchange Commission (SEC), the Cboe BZX Exchange has submitted a request seeking approval for staking within the 21Shares Ethereum (ETH) exchange-traded fund (ETF).
Cboe Seeks Ethereum ETF...
Bitcoin News / Bitcoinist - 2 months ago
Former Binance CEO Changpeng Zhao, commonly known as CZ, has embarked on a new chapter following his recent release from prison after serving four months due to an agreement with US authorities.Â
Known for leading Binance to become the largest crypto...
Bitcoin News / Bitcoinist - 2 months ago
South Koreaâs financial regulator is making strides in its approach to cryptocurrency by allowing certain organizations and corporations to open bank accounts for crypto transactions, according to latest report.
This move, which comes as part of the...
Bitcoin News / Bitcoinist - 2 months ago
Texas Senator Charles Schwertner has refiled a strategic Bitcoin reserve bill under the new designation âSB 21,â removing the previous annual purchasing cap of $500 million and paving the way for significantly larger state-level investments in Bitcoi...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin is now at a critical phase, consolidating between key supply and demand levels as uncertainty dominates the market. Over the past week, the price has ranged between $98K and $94K, leaving traders and investors speculating about the next signi...
Bitcoin News / Bitcoinist - 2 months ago
The Dogecoin price is retesting the 200-Exponential Moving Average (EMA). At the same time, buyers attempt to push through resistance levels and fill the Chicago Mercantile Exchange (CME) gap. This confluence of technical indicators has prompted a cr...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin has experienced subdued price action over the past few days, ranging between $94,700 and $98,500 since last Friday. This lack of volatility has added to the speculative environment, with both bulls and bears struggling to take decisive contro...
Bitcoin News / Bitcoinist - 2 months ago
Shiba Inuâs large transaction volume currently paints a bearish picture for the second-largest meme coin by market cap, have recorded a significant crash. This has raised concerns that the whales may be losing confidence in the meme coinâs potential,...
Bitcoin News / Bitcoinist - 2 months ago
Many altcoins continue to experience sharp price decline, triggering uncertainty among investors about the much-anticipated altseason. As these tokens decrease further, their weak performance has negatively impacted the overall alt market value, lead...
Bitcoin News / Bitcoinist - 2 months ago
The Empire State might be about to receive a fresh wave of crypto regulation. Groundbreaking legislation proposed by New York State Senator James Sanders Jr. would create a 17-member task committee that will examine the realm of digital currency.
Rev...
Bitcoin News / Bitcoinist - 2 months ago
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has gone on record to suggest that recent developments at the gold market might trigger a mass exodus to Bitcoin. Notably, the Bank of England is under scrutiny for extended delivery ti...
Bitcoin News / Bitcoinist - 2 months ago
Bitcoin’s market dynamics may witness a notable shift following the release of the United States Consumer Price Index (CPI) data. While the US CPI data release is likely to trigger volatility in the general crypto market, Bitcoin could still se...
Bitcoin News / Bitcoinist - 2 months ago
Cardano is at the center of fresh speculation after reports emerged that Elon Muskânow heading the newly formed Department of Government Efficiency (DOGE)âis exploring blockchain technology to streamline federal operations. According to sources cited...
Bitcoin News / Bitcoinist - 2 months ago
After the news of the Securities and Exchange Commission (SEC) and Binanceâs request to halt their legal battle, some believe other crypto litigations will be next. However, Coinbaseâs âuniqueâ situation could shed some light on the regulatory agency...
Bitcoin News / Bitcoinist - 2 months ago
Earlier today, CBOE BZX Exchange filed for 21Shares to stake its spot $ETH exchange-traded fund (ETF), sparking optimism of a crypto bull run.
If approved, 21 Shares would break new ground, so itâs not surprising that the 24-hour trading volume for...
Bitcoin News / Bitcoinist - 2 months ago
A new era of cryptocurrency regulations is about to be unveiled as a commissioner of the US Securities and Exchange Commission (SEC) confirmed that the agency would move in the opposite direction of its strict oversight policies.
SEC Commissioner He...
Bitcoin News / Bitcoinist - 2 months ago
Meme coins were the fastest-growing sector in 2024, with an over $100B or 1,500% cumulative market cap increase.
In contrast, Bitcoinâs market cap didnât even grow 200%. The second top gainer was the RWA (Real-World Asset) token sector with a roughly...
Bitcoin News / Bitcoinist - 2 months ago
US-based investment management firm ARK Investâs CEO, Cathie Wood, predicts that Bitcoin (BTC) is on track to reach $1.5 million by 2030. In a recent YouTube video, Wood stated that despite the marketâs temporary pullback, the odds of BTC hitting thi...
Bitcoin News / Bitcoinist - 2 months ago
In a recent House Financial Services Committee hearing, lawmakers revealed differing approaches to stablecoin and cryptocurrency regulation, reflecting long-standing partisan tensions.
The hearing, which took place on Tuesday, highlighted various leg...
Bitcoin News / Bitcoinist - 2 months ago
The Israeli Securities Authority (ISA) approved six Bitcoin ($BTC) mutual funds, managed by local firms Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI.
$BTC mutual funds are different from exchange-traded funds (ETFs) launc...