Bitcoin News / Bitcoinist - 3 months ago
The yearâs first Federal Open Market Committee (FOMC) meeting concluded on a bullish note.
In short: no rate cuts, dovish FED, and an improved labor market situation.
In response, Bitcoin ($BTC) rallied to $105K for the first time since last Friday,...
Bitcoin News / Bitcoinist - 3 months ago
Data shows the Bitcoin Open Interest has seen a sharp jump alongside the latest recovery in the BTC price, a sign that may not be positive.
Bitcoin Has Recovered Back Above $105,000 During Past Day
Bitcoin kicked the week off with a crash towards the...
Bitcoin News / Bitcoinist - 3 months ago
The Securities and Exchange Commission (SEC) fast-tracked Bitwiseâs application for the third Bitcoin-Ethereum exchange-traded fund ($BTC-$ETH ETF) in the US.
The regulator hasnât yet approved the ETF but might do so soon, which would allow Bitwise c...
Bitcoin News / Bitcoinist - 3 months ago
As US lawmakers continue working on crypto adoption and better regulations, Illinois and Indiana representatives have introduced new Bitcoin-related bills seeking to embrace the flagship crypto at the state level.
Illinois Introduces Strategic Bitco...
Bitcoin News / Bitcoinist - 3 months ago
In a recent memo, Bitwise Chief Investment Officer (CIO) Matt Hougan shared his thoughts on the Bitcoin (BTC) 4-year cycle and its relevance under Donald Trumpâs administration. Specifically, he examined whether a shift in Washington DCâs stance on c...
Bitcoin News / Bitcoinist - 3 months ago
Bitcoin (BTC) has once again experienced a highly volatile week, dropping to a weekly low of $97,700 on Monday before quickly recovering and surging above $105K in less than three days. The sudden rebound has reignited optimism among investors, with...
Bitcoin News / Bitcoinist - 3 months ago
Grayscale, a leading name in the cryptocurrency asset management sphere, has introduced its newest investment product aimed at providing exposure to the Bitcoin mining ecosystem.
Known as the Grayscale Bitcoin Miners ETF (MNRS), this exchange-traded...
Bitcoin News / Bitcoinist - 3 months ago
Dogecoin (DOGE) could be on the verge of an explosive price rally, as recent technical analysis reveals that the popular meme coin may be forming a distinctive Ascending Triangle pattern on its 4-hour chart. This bullish continuation pattern, combine...
Bitcoin News / Bitcoinist - 3 months ago
Cardano has activated its long-anticipated Plomin hard fork, opening what founder Charles Hoskinson describes as âthe most powerful blockchain government in the world.â In a livestream titled âWelcome to the Plomin Era,â Hoskinson reflected on the ne...
Bitcoin News / Bitcoinist - 3 months ago
Texas is poised to be at the forefront of cryptocurrency adoptions through its ambitious legislative proposal. Lieutenant Governor Dan Patrick has an ambitious plan to set up a Bitcoin reserve for the state as part of his legislative priorities in 20...
Bitcoin News / Bitcoinist - 3 months ago
The Dogecoin and Shiba Inu prices are rising today, sparking a bullish sentiment among investors. This comes following the massive wave of sell-offs earlier in the week, which led to a significant decline for the foremost meme coins.Â
Why The Dogecoi...
Bitcoin News / Bitcoinist - 3 months ago
Crypto flagship asset, Bitcoin currently struggles with upside momentum following a recent sharp rundown in the general market, and facing significant resistance at the $103,000 level. Despite the waning price performances, profitability has been inc...
Bitcoin News / Bitcoinist - 3 months ago
The on-chain analytics firm Glassnode has revealed how a popular myth surrounding the decline of the Bitcoin exchange supply isn’t real.
Available Bitcoin Supply Hasn’t Actually Dropped Much
In its latest weekly report, Glassnode has disc...
Bitcoin News / Bitcoinist - 3 months ago
In a significant acknowledgment of the growing influence of the cryptocurrency market and its flagship asset, Bitcoin (BTC), Michael Saylor, co-founder of MicroStrategy, graces the cover of Forbes Magazine.Â
The feature article, released today, chron...
Bitcoin News / Bitcoinist - 3 months ago
Brady Swenson, co-founder of the Bitcoin-focused financial services platform Swan, unleashed a series of accusations against Ripple CEO Brad Garlinghouse on January 29 via X. Swenson began with an unequivocal statementââCorrupt Brad ⌠No, Brad Garlin...
Bitcoin News / Bitcoinist - 3 months ago
Solana seems to be eating Ethereum’s lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance.
There are two reasons why Solana is suddenly covered in rocket...
Bitcoin News / Bitcoinist - 3 months ago
Speculations about Ethereum’s potential for a major upswing to a new all-time high in the ongoing cycle swells within the community as many wonder why ETH has underperformed compared to other altcoins. Several factors have been considered to ha...
Bitcoin News / Bitcoinist - 3 months ago
Bitcoin recently surged back past the $105K mark, reflecting renewed investor confidence, possibly driven by President Donald Trump’s recent executive order. In this post, we’ll unpack the implications of the uptick and the best altcoins...
Bitcoin News / Bitcoinist - 3 months ago
Teslaâs Bitcoin bet is paying off in a big way. The electric vehicle giant reported a $600 million unrealized gain on its Bitcoin holdings in Q4 2024, thanks to a new accounting rule update that allows companies to reflect fair market value for their...
Bitcoin News / Bitcoinist - 3 months ago
Federal Reserve Chair Jerome Powell delivered remarks yesterday suggesting that US banks can freely engage with crypto clientsâprovided they understand and manage the inherent risks. Powellâs comments came during the Federal Open Market Committee (FO...
Bitcoin News / Bitcoinist - 3 months ago
The dust DeepSeek made hasnât even settled as another Chinese company, Moonshot AI, rolled out its latest model, Kimi k1.5.
Kimi outshines GPT-4, Claude, and even DeepSeek on all key benchmarks, namely, in math, coding, and reasoning.
While Nvidia an...
Bitcoin News / Bitcoinist - 3 months ago
Several fund managers have recently filed applications for altcoin ETFs with the Securities and Exchange Commission (SEC), including $DOGE, $TRUMP, and $MELANIA ETFs.
However, the only application to get a green light was Canary Capitalâs Litecoin ET...
Bitcoin News / Bitcoinist - 3 months ago
According to an X post by Vetle Lunde, Head of Research at K33 Research, Norwayâs sovereign wealth fund, called Norges Bank Investment Management (NBIM), saw its indirect Bitcoin (BTC) exposure rise by 153% in 2024.Â
NBIMâs Indirect Bitcoin Exposure...
Bitcoin News / Bitcoinist - 3 months ago
In a livestream broadcast on January 29, Cardano founder Charles Hoskinson delivered a comprehensive update on the Lace walletâs evolving feature set, highlighting faster release cycles, upcoming Firefox support, and imminent Bitcoin integration. Des...
Bitcoin News / Bitcoinist - 3 months ago
In a major development concerning crypto asset security, Hong Kongâs Securities and Futures Commission (SFC) has flagged 33 new suspicious websites falsely claiming to be affiliated with HashKey, a licensed cryptocurrency trading platform in the regi...