Category : Bitcoinist

Bitcoinist

Binance Launches Subscription-Based Cloud Mining Services Amidst SEC’s Crackdown

Binance appears unfazed despite the recent U.S. Securities and Exchange Commission (SEC) charges. The crypto exchange announced the launch of another batch of subscription-based cloud mining services for Bitcoin on Wednesday, June 14. Binance first...

Ripple Teams Up With Colombia’s Central Bank To Explore Blockchain Opportunities

Blockchain payments technology company Ripple is set to partner with Colombia’s central bank, Banco de la República. They aim to research potential applications of blockchain technology within Colombia, a significant development in South Americ...

Trade like a pro: Choose PrimeXBT crypto futures

As a professional trader, you’re always on the lookout for platforms that offer cutting-edge tools, a wide range of instruments, and high liquidity. PrimeXBT, a rapidly growing cryptocurrency trading platform, has become a preferred choice for...

BlackRock Edges Closer To Bitcoin ETF Filing: Bullish Impact On BTC’s Price?

Per a Coindesk report, BlackRock, the world’s largest asset manager, is reportedly getting closer to filing an application for a Bitcoin (BTC) Exchange-Traded Fund (ETF) in the United States. According to an anonymous source familiar with the...

Dogecoin Drops Deeper As Whales Make Massive Moves

Dogecoin has extended its decline today as on-chain data shows the whales have been actively making large moves in the past day. Dogecoin Whales Have Made Several Large Movements In The Last 24 Hours According to data from the cryptocurrency transact...

Brazil Sets Crypto Regulations Straight: Central Bank Takes Charge As Regulator

Brazil’s President, Luiz Inacio Lula Da Silva, has taken a significant step toward clarifying the regulatory landscape of crypto in the country. With the recent signing of legislation, the roles of the Central Bank in overseeing the crypto indu...

XRP Army Discovers Clues Why Hinman Gave Ethereum A Free Pass, Not Ripple

The XRP community has been digging through the recently released 400+ pages of Hinman documents in the legal battle between Ripple Labs and the US Securities and Exchange Commission (SEC), examining why the former director of the SEC’s Division...

Banks’ Crypto Limits Yield Costly ‘Side Effects’, Blockchain Australia Warns

Crypto trade body Blockchain Australia, a prominent organization in the Oceanic country, has expressed concerns regarding the potential ramifications of imposing stringent regulations on the industry. In response to the Commonwealth Bank of Australia...

Coinbase Chief Legal Officer Slams SEC’s ‘Flawed’ Plan For Exchange Registration

Coinbase has taken a defiant stance against the US Securities and Exchange Commission’s proposed definition change. In a bold move, Paul Grewal, the company’s chief legal officer, has accused the regulator of preemptively imposing its aut...

Biggest Lie In Crypto? How SEC, US Dems Conduct A PSYOP Vs. Coinbase And Binance

It’s probably the most bizarre crypto story since FTX collapsed and Sam Bankman-Fried’s (SBF) entanglements with politics and the U.S. Securities and Exchange Commission (SEC) were revealed. In any case, the Prometheum story is the strang...

Bankruptcy Saga: Prime Trust Subsidiary Banq Joins The Queue

Recent legal disputes involving Prime Trust, a prominent custodian, and the temporary halt of TrueUSD (TUSD) minting have shed light on the challenges custodians face, as its subsidiary Banq declares bankruptcy. Recall that Prime Trust faced a lawsui...

Is Solana Forking Due To The SEC War? Developer Weighs In

There has been discussion about forking Solana, a blockchain platform that provides greater scalability in its fourth generation. However, an important developer has disclosed that the Solana Foundation and other programmers are not enthusiastic abou...

CBDC Stealth Mode: Unraveling The Privacy Puzzle Of A U.S. CBDC

US Treasury official, Graham Steele, emphasizes the advantages of a retail CBDC backed by the Federal Reserve, providing safety during bank runs and stabilizing private sector lending. Striking The Anonymity Balance During a recent Texas payments con...

Binance.US And SEC Seek Middle Ground To Avoid Asset Freeze

Binance.US and the Securities and Exchange Commission (SEC) seek common ground to avoid a complete asset freeze on the cryptocurrency trading platform. The SEC had sought an asset freeze for Binance.US, a trading platform owned by Binance Holdings f...

USDT Dominance Hits Highest Level Since May 2021, While USDC Slumps

Data shows Tether (USDT) has recently observed growth in its dominance, while USD Coin (USDC) and others have lost market share. USDT Dominance Has Grown To A Value Of 67.6% Now According to data from the on-chain analytics firm Glassnode, the relati...

Max Pain: Bitcoin Price Remains Sideways Following Fed Rate Hike Pause

Despite the first pause in a historic series of interest rate hikes by the US Federal Reserve, Bitcoin price appears unaffected, maintaining a steady price range between $25,000 and $28,000. Amid the market digesting the Fed’s interest rate de...

Judge Denies SEC’s Request To Freeze Binance.US Assets, Calls For Collaborative Compromise

In a recent development, US District Judge Amy Berman Jackson has rejected the Securities and Exchange Commission’s (SEC) request to freeze the assets of Binance.US, the American arm of the cryptocurrency trading platform Binance. The court has...

Here’s Why XRP Failed To Move Following The Release Of Hinman’s Emails

Over the last week, the XRP community was abuzz with the expectation that the Hinman documents were finally going to be released. The fight to release these documents had waxed on for a long between Ripple and the United States Securities and Exchang...

Bittrex Gets Green Light: Court Order Allows Withdrawals Starting June 15

On June 15, clients of the United States division of the bankrupt cryptocurrency exchange Bittrex will be able to withdraw their assets, following a court ruling by a Delaware bankruptcy court. The exchange had declared bankruptcy in May, but the Un...

Adoption: Belgian Fast Food Chain To Accept Crypto Payments

The crypto industry is rapidly expanding and gradually creeping into crypto payment systems as more businesses adopt cryptocurrencies as a payment option. In the latest development, French fast food chain Black & White Burger’s Belgian franchise...

Regulators Turn Up The Heat On Crypto: Binance Asks To Exit Cyprus

According to CoinDesk’s report, the Cyprus Securities and Exchange Commission (CSEC) received a petition to deregister Binance’s subsidiary in the country. If approved, the crypto company will no longer operate as a service provider in the country....

Bitcoin Supply On Exchanges Falls To 6.4%, Lowest Levels Since February 2018

On-chain data shows the Bitcoin supply on exchanges has fallen to a value of just 6.4%, which is the lowest level in more than five years. Bitcoin Supply On Exchanges Has Continued Its Downtrend Recently According to data from the on-chain analytics...

Will China Follow Hong Kong’s Lead And Reconsider Its Crypto Ban? Hints Suggest So

China in recent years has taken a firm stance against cryptocurrencies, imposing stringent regulations and bans to mitigate potential risks associated with the decentralized nature of these digital assets. However, the tides may be turning as Hong K...

Ripple Powers Ahead Globally Amid Regulatory Challenges At Home

Despite its ongoing legal imbroglio with the United States Securities and Exchange Commission (SEC), blockchain payments firm Ripple continues to expand its operations in Europe and Asia. Speaking at the Money 20/20 event in Amsterdam, Ripple’s manag...

SEC Lawsuits Rock eToro: 4 Cryptos To Be Delisted Over Security Label

Multi-asset investment company eToro has recently made headlines with the issuance of new guidelines that have barred its US customers from purchasing four specific cryptocurrency assets. These assets were recently categorized as securities by the U...

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