Bitcoin News / Bitcoinist - 2 years ago
On-chain data shows the Bitcoin exchange whale ratio has surged recently. Here’s what it may mean for the price of the cryptocurrency. Bitcoin Exchange Whale Ratio (72-Hour MA) Breaks Above 85% As pointed out by an analyst in a CryptoQuant post...
Bitcoin News / Bitcoinist - 2 years ago
Electric car manufacturer Tesla has released its fourth-quarter financial report, revealing that the company’s Bitcoin holdings have remained unchanged, just like its Dogecoin holdings – which are still zero. In the report released yester...
Bitcoin News / Bitcoinist - 2 years ago
In the past year, bitcoin’s price has declined by about 60% from its all-time high. This has diminished the excitement surrounding the alpha coin, but not entirely. There are still many who have faith in the cryptocurrency’s future. One o...
Bitcoin News / Bitcoinist - 2 years ago
Although the XRP Ledger (XRP) is an open-source, public, and decentralized layer 1 blockchain run by a global community of developers, there has been a history of criticism for perceived centralization; the most high-profile case being the U.S. Secur...
Bitcoin News / Bitcoinist - 2 years ago
Axie Infinity has been almost chocked to extinction by 2022’s bear market. During that same year, interest in NFTs declined, hitting Axie Infinity hard. According to CoinGecko, the token has been experiencing growth in almost all time frames with th...
Bitcoin News / Bitcoinist - 2 years ago
On-chain analytic firm Glassnode has broken down which Bitcoin cohorts have been accumulating and which have been distributed during the past year. Bitcoin Whales Distributed Coins Equivalent To 60% Of Mined Supply In The Last 12 Months As per data f...
Bitcoin News / Bitcoinist - 2 years ago
The grass is always greener, it seems. NFT projects on non-Ethereum chains aspire to see levels of liquidity achieved by top Ethereum-based projects, while Ethereum-based NFT collections see the ‘bigger fish in a smaller pond’ opportunity...
Bitcoin News / Bitcoinist - 2 years ago
Blockchain infrastructure firm Blockstream and its founder Adam Back, have raised $125 million to increase its Bitcoin (BTC) mining capacity. The firm raised the capital in a convertible note, a form of short-term debt led by Kingsway Capital. Cohe...
Bitcoin News / Bitcoinist - 2 years ago
In June 2022, Grayscale sued the Securities and Exchange Commission (SEC) after the regulator had once more declined to convert the Grayscale Bitcoin Trust (GBTC) to a spot ETF. The case is expected to drag on into the second half of 2023 but Graysca...
Bitcoin News / Bitcoinist - 2 years ago
As the adoption of digital assets continues to grow widely, entities are following suit while aiming to use digital assets in their own way. In today’s news, the Saudi Central Bank (SAMA) unveiled its plan to experiment with central bank digital curr...
Bitcoin News / Bitcoinist - 2 years ago
The metaverse has been busy with lots of new exciting stuff lately, including problems for that matter, such as Meta (formerly Facebook) having issues with their endeavors within the virtual realm and other corporate giants wanting to get a piece of...
Bitcoin News / Bitcoinist - 2 years ago
Data from Santiment shows Polkadot was the number 1 cryptocurrency in the market during the past month based on development activity. Polkadot Saw The Most Development Activity Over The Last 30 Days According to data from the on-chain analytics firm...
Bitcoin News / Bitcoinist - 2 years ago
Many so-called Sam Coins have staged a surprising recovery this month, despite the fact that FTX crypto exchange is still offline while it goes through bankruptcy proceedings and its former big boss – Sam Bankman Fried – is being tried fo...
Bitcoin News / Bitcoinist - 2 years ago
The stablecoin Djed is expected to drive new growth and new use cases in the burgeoning decentralized finance (DeFi) space of the Cardano ecosystem. In recent weeks, the Djed developer, COTI Network, has stated that the stablecoin will definitely be...
Bitcoin News / Bitcoinist - 2 years ago
The European Union continues to push hard for clear regulations for the Bitcoin and crypto industry. After the final vote on the European Union’s draft legislation to regulate cryptocurrencies, the Markets in Crypto-Assets Regulation (MiCA), wa...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin continues to push the cryptocurrency industry toward widespread acceptance on a worldwide scale, engaging directly with big traditional entities such as banks. The crypto’s remarkable market capitalization is illustrative of the asset c...
Bitcoin News / Bitcoinist - 2 years ago
Crypto regulation has been receiving growing interest in different jurisdictions recently. While some countries maintain rigid digital assets control, some outrightly banned their usage. Currently, crypto regulation in Australia is passing through h...
Bitcoin News / Bitcoinist - 2 years ago
Shiba Inu has been one of the best performers out of the largest cryptocurrencies by market cap. The meme coin started 2023 with a bang, rallying with the entire crypto market but also clocking in some independent gains due to anticipation around Shi...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin is showing no weakness, and the bullish trend seems poised for an extension over the coming days. According to a report from Arcane Research, the cryptocurrency continues to lead the crypto rally as institutions return to the nascent sector,...
Bitcoin News / Bitcoinist - 2 years ago
AI crypto tokens could be the next big thing in the industry, reminiscent of the DeFi boom, Metaverse mania, or meme-coin explosion, according to a top financial analyst. ChatGPT and other AI-driven technologies have been trending all across social m...
Bitcoin News / Bitcoinist - 2 years ago
The XRP Ledger is an open-source, decentralized, and permissionless network. It facilitates several payments-related applications such as DeFi, micropayments, and even NFTs. Over the years, its native token XRP has meteorically grown to be among the...
Bitcoin News / Bitcoinist - 2 years ago
European Union lawmakers have agreed to several changes, including stricter new requirements for banks dealing with crypto and digital assets. The European Parliament’s Economic and Monetary Affairs Committee has voted on the matter that will p...
Bitcoin News / Bitcoinist - 2 years ago
Data shows Litecoin has been observing accelerating adoptions recently, as its total addresses have now surpassed that of Ethereum. Litecoin Has Continued To See Rapid Adoption Recently As per a tweet from the director of the Litecoin Foundation, LTC...
Bitcoin News / Bitcoinist - 2 years ago
In its predictions for 2023, the Ripple leadership team highlighted Central Bank Digital Currencies (CBDCs) as one of the biggest trends, as Bitcoinist reported. To drive this agenda, Ripple continues to actively work with the private and public sect...
Bitcoin News / Bitcoinist - 2 years ago
As an investor or a person looking for ways to make their money grow, they might be thinking or have thought of investing in crypto. But, with the recent scandals that rocked the digital currency landscape, the question of placing an investment in th...
