Bitcoin News / Bitcoinist - 2 years ago
Binance is making a foray into Sweden after the country’s Financial Supervisory Authority gave the crypto exchange’s Swedish subsidiary permission to administer and trade crypto currencies, the company announced on January 11. The FSA has...
Bitcoin News / Bitcoinist - 2 years ago
The fate of Genesis Trading, Digital Currency Group (DCG) and the Grayscale Bitcoin Trust (GBTC) continues to hang by a thread after Cameron Winklevoss took another step in the escalation over Gemini Earn customer funds with a new open letter on Tues...
Bitcoin News / Bitcoinist - 2 years ago
El Salvador continues its massive embrace of bitcoin by passing a bill that paves the path for the creation of a legal structure for all cryptocurrencies. The legislative framework for a Bitcoin-backed bond, known as the “Volcano Bond,” w...
Bitcoin News / Bitcoinist - 2 years ago
Even though the FTX bankruptcy was two months ago, the issue is far from over for the crypto industry. Currently, new FTX CEO John Ray and his team are working to find as many liquid assets as possible to make up for the customer losses. As Bitcoinis...
Bitcoin News / Bitcoinist - 2 years ago
In a digitized economy, security is one way to ensure that your digital assets are safe. Shiba Inu was recently examined by security analysis company CertiK. According to a recent tweet, the memecoin ecosystem ranked No. 2 in its Security Leaderboard...
Bitcoin News / Bitcoinist - 2 years ago
For a while now, Shiba Inu has been revealing some interesting partnerships. A couple of days ago, the official Twitter page of the meme coin teased a new partnership with luxury car manufacturer Bugatti when it tagged it in a post. However, it is no...
Bitcoin News / Bitcoinist - 2 years ago
On Wednesday, a counsel for the bankrupt crypto trading venue FTX, founded by Sam Bankman-Fried, stated that the company recovered more than $5 billion. However, the magnitude of consumer losses in its collapse was still unknown. U.S. authorities hav...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the altcoin indexes have made a sharp recovery against Bitcoin recently as they have kicked 2023 off to a great start. Large Cap And Small Cap Altcoins Saw Flat Returns In The Past Month According to the latest weekly report from Arcane Re...
Bitcoin News / Bitcoinist - 2 years ago
Binance’s BUSD stablecoin is currently one of the largest in the crypto sector, but there have been concerns about the stability of the asset, especially with the collapse of the Terra UST stablecoin. Most concerns were raised around the collateral u...
Bitcoin News / Bitcoinist - 2 years ago
Alongside its interest in increasing crypto adoption in its region, the United Kingdom is now planning to launch its own stablecoin – a digital pound, according to Andrew Griffith, an economic secretary to the UK Treasury. This follows the coun...
Bitcoin News / Bitcoinist - 2 years ago
The contention between Gemini and the Genesis group has been spiraling, especially with the most recent development. Gemini has officially put a stop to the interest-bearing product, which is the flagship Earn program. This message was circulated via...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the Bitcoin spot trading volume has slightly gone up after the rally but is still significantly lower than the average for the 2nd half of 2022. Bitcoin Spot Trading Volume Has Gone Up A Bit This Week As per the latest weekly report from A...
Bitcoin News / Bitcoinist - 2 years ago
Binance.US got one step closer to fully acquiring Voyager Digital, a crypto company that went belly up recently. According to to a report by Reuters, Voyager Digital won preliminary court clearance for a potential $1 billion sale of its assets to Bi...
Bitcoin News / Bitcoinist - 2 years ago
A few days ago, Ripple Labs’ Managing Director for Europe, Sendi Young, shared her predictions for 2023, as Bitcoinist reported. Now, in a new blog post, other Ripple executives have also shared what they expect for the future and made their pr...
Bitcoin News / Bitcoinist - 2 years ago
Rumors have been swirling for quite some time that Elon Musk might launch his own Twitter Coin, possibly putting Dogecoin (DOGE) on the sidelines or even ditching it. Leaks of the Twitter user interface first surfaced in early December, showing the &...
Bitcoin News / Bitcoinist - 2 years ago
Bitcoin’s price has taken a hit since it hit its all-time high back in 2021, and as a result, the number of bitcoin millionaires has dwindled dramatically since then. These addresses holding more than $1 million in BTC peaked in November 2021 and hav...
Bitcoin News / Bitcoinist - 2 years ago
The plaintiffs in a class action lawsuit against TerraUSD and its affiliated companies voluntarily dismissed their case on Monday. Matthew Albright filed the lawsuit on behalf of others against Terraform Labs (TFL), Pte Limited, and other affiliates...
Bitcoin News / Bitcoinist - 2 years ago
Crypto Exchange Gemini co-founder, Cameron Winklevoss, sent another open letter regarding the Genesis borrowing agreement. This time, the executive addressed the Digital Currency Group (DCG) Board of Directors, Genesis’ parent company. In the lette...
Bitcoin News / Bitcoinist - 2 years ago
ADA price is recovering after hovering around $0.25 for one month. The Cardano’s native token has fired up with a nearly 30% price surge since the advent of the New Year. The hype around Cardano’s upcoming stablecoin DJED launch could be among the fa...
Bitcoin News / Bitcoinist - 2 years ago
All across the brutally beaten crypto market, altcoins are beginning to show their first signs of a potential recovery following a nearly 90% drawdown in most assets. But could the recovery be due to a calendar-based phenomenon called the January eff...
Bitcoin News / Bitcoinist - 2 years ago
GALA recorded more upside on Tuesday following another announcement from its parent company. Gala Games which had previously announced a new partnership with multiple Hollywood stars revealed its latest acquisition and leadership decisions, which bol...
Bitcoin News / Bitcoinist - 2 years ago
Nepal’s telco regulators have ordered internet service providers to ban all cryptocurrency-related services in their recent notification released on January 8. Nepal’s stance on crypto has previously been negative, as the nation banned cr...
Bitcoin News / Bitcoinist - 2 years ago
Crypto exchange Coinbase (COIN) is letting go of about 1,000 employees as part of a critical strategy to weather down the crypto winter. According to a report from Reuters, this is the company’s third round of layoffs as macroeconomic conditions and...
Bitcoin News / Bitcoinist - 2 years ago
Data shows the non-fungible token dominance on Ethereum has rebounded to 22%, suggesting that NFTs may be making a comeback. NFT Dominance On Ethereum Has Climbed Up Recently According to the latest weekly report from Glassnode, the NFT dominance on...
Bitcoin News / Bitcoinist - 2 years ago
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple saw renewed activity yesterday. Ripple Labs Inc., CEO Brad Garlinghouse, and Executive Chairman Chris Larsen filed their opposition response to the SEC’s moti...
