Bitcoin News / Bitcoinist - 1 year ago
In a new report released by global investment manager VanEck, Ethereum (ETH) takes center stage as the cryptocurrency with immense growth potential. According to VanEck’s analysis, they predict that the price of ETH will hit $11,800 by the year...
Bitcoin News / Bitcoinist - 1 year ago
On-chain data shows the Ethereum profit-taking transactions have surged recently, a sign that could be bearish for the asset’s price.
Ethereum Profit-Taking Volume Has Spiked To Highest Levels Since January
According to data from the on-chain a...
Bitcoin News / Bitcoinist - 1 year ago
Bitcoin advocate Robert F. Kennedy Jr., a Democratic candidate for the presidency, has gained full support from Jack Dorsey, the Twitter founder and current CEO of the fintech company Block Inc.
Kennedy Jr., who is the nephew of former US President J...
Bitcoin News / Bitcoinist - 1 year ago
Richard Teng, a former civil servant now in the capacity of a prominent crypto executive, is emerging as a potential successor to Binance’s embattled CEO, Changpeng “CZ” Zhao.
As the current head overseeing all regional markets out...
Bitcoin News / Bitcoinist - 1 year ago
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Bitcoin News / Bitcoinist - 1 year ago
Cardano (ADA), the native token of the Cardano blockchain, has recently witnessed a remarkable surge in large transactions, totaling an impressive $2.5 billion within a span of just 24 hours. This surge, based on recent data, indicates a growing inte...
Bitcoin News / Bitcoinist - 1 year ago
Millions of dollars’ worth of cryptocurrencies were stolen from customers of Atomic Wallet. On Saturday, the project’s developers admitted that their users’ data had been compromised.
Atomic Wallet is a cryptocurrency wallet that wo...
Bitcoin News / Bitcoinist - 1 year ago
The global count of Bitcoin ATMs has witnessed a notable increase over the past month, reaching a new peak of over 35,000 operational machines, according to the latest data from Coin ATM Radar.
A Resurgence In Bitcoin ATMs In May
This figure of 35,06...
Bitcoin News / Bitcoinist - 1 year ago
Crypto regulation took center stage as Republican lawmakers released a draft bill on Friday. Spearheaded by influential Republican members, Reps. Patrick McHenry and Glenn Thompson, the bill outlines their proposed framework for regulating digital as...
Bitcoin News / Bitcoinist - 1 year ago
Coinbase recognizes the transformative power of artificial intelligence (AI) within the cryptocurrency sector. As one of the world’s leading cryptocurrency exchanges, Coinbase acknowledges the significant impact that AI can have on revolutioniz...
Bitcoin News / Bitcoinist - 1 year ago
Keyur Rohit, a self-denominated “crypto influencer”, has weighed in on the recent Dogecoin (DOGE) lawsuit against Elon Musk. Rohit has expressed his disappointment in Musk’s alleged actions, stating that they go against the core pri...
Bitcoin News / Bitcoinist - 1 year ago
Leading crypto, Bitcoin (BTC), finds itself under the scrutiny of a senior macro strategist at Bloomberg. With a foresight that carries significant weight, this strategist unveils an alarming price prediction, suggesting that the ongoing decline in B...
Bitcoin News / Bitcoinist - 1 year ago
Crypto could be enjoying some boost in price and adoption as the latest report from the Federal Deposit Insurance Corp. showed that deposits of about half a trillion dollars were removed from U.S. banks during the first three months of 2023, sending...
Bitcoin News / Bitcoinist - 1 year ago
Peter Schiff, a well-known figure in the world of finance and a vocal critic of cryptocurrencies, has found himself at the center of a questionable incident on Twitter today. In a brazen attack, hackers targeted Schiff to promote what appears to be a...
Bitcoin News / Bitcoinist - 1 year ago
The Blockchain Association and DeFi Education Fund have filed an amicus brief calling the U.S. Treasury Department’s decision to sanction Tornado Cash “unprecedented and unlawful.”
Until OFAC imposed sanctions, Tornado Cash was the...
Bitcoin News / Bitcoinist - 1 year ago
As the crypto industry continues to grow and mature, regulators are continuously taking steps to ensure that the industry is subject to appropriate oversight and regulation. The Commodity Futures Trading Commission (CFTC) has published an advanced n...
Bitcoin News / Bitcoinist - 1 year ago
The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering the fading allure of CBDCs globally and the availability of alternative payment solutions in the East African nation, the central bank...
Bitcoin News / Bitcoinist - 1 year ago
Circle, the developer of the USDC stablecoin, is set to introduce a native version of its token on the Arbitrum network. The move aims to enhance transaction speeds and improve interoperability within the blockchain ecosystem. Circle has scheduled th...
Bitcoin News / Bitcoinist - 1 year ago
Hashrate Index reported a significant 44% drop in Bitcoin mining profitability, currently at $0.071 TH/s per day, over the past 12 months. Also, miners have seen an 82% decrease since the crypto market boom in late 2021.
But amidst this significant d...
Bitcoin News / Bitcoinist - 1 year ago
XRP has resumed its bullish trend after Ripple locked 900 million tokens in escrow. This new development has triggered a rapid shift in the momentum of the cryptocurrency, which is now one of the best performers in the last week.
Ripple Moves 900 Mil...
Bitcoin News / Bitcoinist - 1 year ago
Data shows the current Bitcoin cycle is the first one in the history of the cryptocurrency to deviate from an established pattern of transaction fees.
The Latest Bitcoin Cycle Has Seen Less Cumulative Fees Than The Previous One
According to data from...
Bitcoin News / Bitcoinist - 1 year ago
Despite recording small profits over the past few days, Bitcoin has been unable to break above its current range. As the macroeconomic landscape changes, the number one cryptocurrency has been stuck but could see new yearly highs in the coming months...
Bitcoin News / Bitcoinist - 1 year ago
Nigeria’s history with crypto has been a bittersweet one where the citizens have embraced digital assets with open arms but the government remains vehemently against it. This resulted in a ban on cryptocurrencies in the country where citizens have be...
Bitcoin News / Bitcoinist - 1 year ago
In a shocking turn of events, another crypto founder and Bitcoin millionaire has been found dead. John Forsyth, early Bitcoin proponent and founder of Onfocoin, has been found dead after missing for over a week.
The Circumstances Around Forsyth’s Dea...
Bitcoin News / Bitcoinist - 1 year ago
As of June 1, there are $83.23 billion of USDT in circulation, CoinMarketCap (CMC) data shows.
In the past, there has been a direct correlation between the circulating supply of Tether and rapid Bitcoin and crypto price expansions.
USDT Circulating...