Bitcoin News / Bitcoinist - 2 years ago
The jury in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), gave its verdict on November 2 in what signals the beginning of the end for the one-time billionaire who faces a long prison term following his convi...
Bitcoin News / Bitcoinist - 2 years ago
Dogecoin co-creator Billy Markus, who is known as Shibetoshi Nakamoto on the social media platform X, has offered his commentary on the recent verdict in the case of Sam Bankman-Fried (SBF), the disgraced founder of FTX. Markus took to social media...
Bitcoin News / Bitcoinist - 2 years ago
Steven McClurg, Chief Investment Officer (CIO) at Valkyrie Investments, has put forth a strong indication that a landmark approval from the US Securities and Exchange Commission (SEC) for a spot Bitcoin ETF could transpire by the month’s end. T...
Bitcoin News / Bitcoinist - 2 years ago
After a comprehensive five-week trial, the New York jury rendered a verdict on Thursday, finding the former crypto magnate, Sam Bankman-Fried, guilty on all seven charges, including fraud, embezzlement, and criminal conspiracy. As a consequence, Bank...
Bitcoin News / Bitcoinist - 2 years ago
In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner for its Digital Lari (GEL) pilot project. The collaboration aims to explore the potential benefits and use cases of RippleR...
Bitcoin News / Bitcoinist - 2 years ago
Ripple CLO Stuart Alderoty, has voiced worries about the US SEC’s recent track record of failed legal battles against cryptocurrency companies as many crypto community members seem to doubt the regulatory body’s core mission of protecting investors. ...
Bitcoin News / Bitcoinist - 2 years ago
John Deaton, a crypto and pro-Ripple lawyer, thinks there is “no way Ripple,” the blockchain company whose two key executives were sued by the United States Securities and Exchange Commission (SEC), will abandon XRP, the native currency o...
Bitcoin News / Bitcoinist - 2 years ago
In another regulatory win for Ripple, the company made a significant announcement regarding the approval of XRP by the Dubai Financial Services Authority (DFSA), which will allow licensed virtual asset firms in the Dubai International Financial Centr...
Bitcoin News / Bitcoinist - 2 years ago
HSBC Holdings Plc, one of the world’s leading bullion banks, has launched a blockchain-based platform to modernize the traditional and manual processes of the London gold market. The new platform tokenizes ownership of physical gold housed in HSBC...
Bitcoin News / Bitcoinist - 2 years ago
ProShares has earlier today announced the launch of an exchange-traded fund (ETF) tailored for investors looking to bet against Ethereum, the world’s second-largest crypto by market capitalization. The ProShares Short Ether Strategy ETF is a f...
Bitcoin News / Bitcoinist - 2 years ago
As the crypto sector has seen an uplift recently, traders have been wondering if the altcoin season is here. Here’s what Glassnode says. Glassnode’s Altcoin Season Indicator Shows Largest Risk-On Signal In 2 Years In its latest weekly rep...
Bitcoin News / Bitcoinist - 2 years ago
The Chicago Mercantile Exchange (CME) Group witnessed a record-shattering performance in the third quarter with regards to the trading of Bitcoin and Ethereum futures and options contracts. The increase in trading activity serves as evidence for heig...
Bitcoin News / Bitcoinist - 2 years ago
In a recent report by Reuters, online payment system company PayPal announced plans to bolster its market value by $4 billion, seeking to streamline operations to appease investors. However, investor optimism was tempered by disclosing a subpoena fro...
Bitcoin News / Bitcoinist - 2 years ago
SafeMoon, a once-promising cryptocurrency, has been thrust into a scandal of monumental proportions, as its founder and top executives are facing charges of fraudulent activities and money laundering. The US Department of Justice’s recent alle...
Bitcoin News / Bitcoinist - 2 years ago
Ripple recently released its Q3 2023 XRP Markets Report as part of the company’s efforts to provide transparency and updates on “key industry developments and crypto markets movements.” The report also highlighted some of the impressive strides the c...
Bitcoin News / Bitcoinist - 2 years ago
St. Galler Kantonalbank (SGKB), a pillar of Swiss banking since 1868, has officially expanded into cryptocurrency services, offering its clients the opportunity to trade and custody Bitcoin (BTC) and Ethereum (ETH). This strategic move is facilitated...
Bitcoin News / Bitcoinist - 2 years ago
MicroStrategy, the business intelligence company co-founded by Michael Saylor, has witnessed a substantial gain of $900 million on its extensive Bitcoin holdings, bolstered by the growing optimism surrounding the potential approval of spot Bitcoin ex...
Bitcoin News / Bitcoinist - 2 years ago
The Bitcoin mining hashrate and difficulty have been on a tear recently, continuing to notch new all-time highs. Both metrics have reached their highest levels as the BTC rally has resumed and the question now is if this will translate into setting a...
Bitcoin News / Bitcoinist - 2 years ago
The recent JPEX scandal has scarred the reputation of Hong Kong’s crypto industry, raising questions about the future of web3 and digital assets in the region. However, a speech by the region’s Financial Services and Treasury Secretary, Christo...
Bitcoin News / Bitcoinist - 2 years ago
According to records from Shibburn, it appears that Shiba Inu‘s burn rate for the month of October saw a significant decline in the total number of Shiba Inu tokens that were destroyed in comparison to the total number that was destroyed in Sep...
Bitcoin News / Bitcoinist - 2 years ago
The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), is gradually coming to an end as the defendant’s fate could be decided starting on November 2. The defendant faces up to 110 years if found guilty of all charges...
Bitcoin News / Bitcoinist - 2 years ago
In a recent statement via X (formerly known as Twitter), Jurrien Timmer, the Director of Global Macro at Fidelity, expounded on Bitcoin’s latest market movements and reiterated his view of the digital asset as “exponential gold.” “B...
Bitcoin News / Bitcoinist - 2 years ago
Elon Musk has never shied away from expressing his opinions on the ever-evolving landscape of cryptocurrencies. While his fondness for digital currencies, notably Dogecoin, is widely known, his stance on non-fungible tokens (NFTs) appears to be less...
Bitcoin News / Bitcoinist - 2 years ago
In a recent exchange on X (formerly Twitter), Charles Hoskinson, founder of Cardano, commented on criticisms and misunderstandings arising within the ADA community. In response to a user’s exasperation over apparent internal criticisms, Hoskins...
Bitcoin News / Bitcoinist - 2 years ago
Avalanche, a high throughput blockchain using the Snow Protocol for consensus, is joining Cosmos, according to the latest Interchain Foundation (ICF) update on October 31. Interchain Foundation, the non-profit organization that stewards the Cosmos ec...
