Bitcoin News: Trump’s Crypto Czar Candidate Sees Strategic Value In Establishing A US Bitcoin Reserve

Link: https://bitcoinist.com/trumps-crypto-czar-candidate-us-bitcoin-reserve/

Summary: Chris Giancarlo, a leading candidate to head the US Commodity Futures Trading Commission (CFTC) and author of the book “Crypto Dad,” recently addressed key aspects of President-elect Donald Trump’s ambitious plans for the crypto sector.  In an interview with Fox Business, Giancarlo highlighted Trump’s vision of making the United States the global hub for cryptocurrency […]

Tags: #crypto #bitcoin #nostr

Latest Crypto News: US Judge Halts Arkansas Crackdown On Crypto Mining Firm Over Foreign Ownership Case

Link: https://bitcoinist.com/us-judge-halts-arkansas-crackdown-on-crypto-mining-firm-over-foreign-ownership-case/

Summary: A US Federal Judge in Little Rock has temporarily halted Arkansas State’s efforts to shut down a crypto mining firm owned by a Chinese-born man. The ruling comes after the firm requested a Temporary Restraining Order (TRO) claiming illegal discrimination. Related Reading: Solana’s Pump.Fun Under Fire: Users Ask For Shutdown Over Livestream Chaos US Federal […]

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Bitcoin News: Ohio Man Loses Life Savings in $425K Crypto Scam—Here’s How It Went Down

Link: https://bitcoinist.com/ohio-man-loses-life-savings-in-425k-crypto-scam/

Summary: As the crypto market continues to offer lucrative opportunities for investors, it has also attracted malicious actors who consistently devise new schemes to defraud inexperienced or beginner investors. The latest press release by the US Department of Justice (DoJ) highlighted a recent example of such fraud. The report revealed that an Ohio man fell victim […]

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Latest Crypto News: Veteran Regulator Paul Atkins: A Potential Ally For Crypto In Trump’s SEC

Link: https://bitcoinist.com/paul-atkins-potential-ally-for-crypto-in-trumps-sec/

Summary: As President-elect Donald Trump prepares to finalize his cabinet picks, Paul Atkins is reported to be a leading candidate to head the US Securities and Exchange Commission (SEC) and a new pro-crypto agenda under Trump’s new administration. According to Bloomberg sources familiar with the matter, Atkins has been interviewed by Trump’s transition team, positioning him […]

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Bitcoin News: Bitcoin Is Facing A Correction But Remains Bullish – Metrics Confirm Further Upside

Link: https://bitcoinist.com/bitcoin-is-facing-a-correction-but-remains-bullish-metrics-confirm-further-upside/

Summary: Bitcoin has seen a 9% retracement from its all-time high of $99,800, but its long-term bullish structure remains intact. This correction, though notable, hasn’t dampened investor optimism, as many are prepared to buy the dip and drive BTC past the elusive $100,000 mark. According to key metrics shared by Axel Adler, a prominent CryptoQuant analyst, […]

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Latest Crypto News: Calling The Bitcoin Top: Analyst Reveals What Could Stop The BTC Rally In Its Tracks

Link: https://bitcoinist.com/bitcoin-top-analyst-stop-rally/

Summary: Bitcoin has experienced a significant rally in 2024, and its price has more than doubled since the beginning of the year to approach the psychological $100,000 mark. Interestingly, Tony “The Bull” Severino, a popular crypto analyst on the social media platform X, suggested when to expect the peak of the BTC price this bull run, […]

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Bitcoin News: First Dogecoin ETP Has Just Been Launched, Can DOGE Price Rally 100% In Response

Link: https://bitcoinist.com/first-dogecoin-etp-doge-price/

Summary: The first-ever Dogecoin Exchange Traded Product (ETP) has been officially launched, sparking excitement for a possible DOGE price rally. Combined with several other bullish factors which have fueled the recent surge in the DOGE price, this new ETP positions the top meme coin for a potential 100% increase to new highs. Valour Launches First Dogecoin […]

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Latest Crypto News: Is Germany Ready For A Bitcoin Reserve? Lawmaker Cotar Pushes For Strategic Plan

Link: https://bitcoinist.com/is-germany-ready-for-a-bitcoin-reserve/

Summary: Joana Cotar, a member of the German Bundestag and a longtime advocate of Bitcoin (BTC) adoption, is pushing back against the government’s recent decision to sell its BTC holdings.  Having witnessed the sale of approximately 50,000 confiscated Bitcoin earlier this year, Cotar is now championing the idea of establishing a strategic Bitcoin reserve for Germany. […]

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Bitcoin News: New Cryptocurrency 1900Rugrat Challenges CHILLGUY & PNUT Recent Price Action With Upcoming Listings

Link: https://bitcoinist.com/new-cryptocurrency-1900rugrat-challenges-chillguy-pnut-recent-price-action-with-upcoming-listings/

Summary: The competition in the meme coin market has reached new heights with the introduction of Rugrat (RUGRAT). Positioned as the next big disruptor, Rugrat (RUGRAT) is directly challenging the recent price actions of Chill Guy (CHILLGUY) and Peanut the Squirrel (PNUT). With upcoming exchange listings and a growing community, Rugrat (RUGRAT) is quickly becoming a […]

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Latest Crypto News: Cardano Founder Predicts Bitcoin Price Will Hit $500,000 Within 2 Years

Link: https://bitcoinist.com/cardano-founder-predicts-bitcoin-price-500000/

Summary: Charles Hoskinson, the founder of Cardano and a co-founder of Ethereum, has forecasted that Bitcoin could reach a price between $250,000 and $500,000 within the next 12 to 24 months. Speaking during a livestream on November 26, 2024, Hoskinson attributed this potential surge to governments talking about a strategic Bitcoin reserve and the integration of […]

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Bitcoin News: Prometheum’s Response To Trump’s Pro-Crypto Agenda: Executive Reveals Future Strategies

Link: https://bitcoinist.com/prometheums-response-to-trumps-pro-crypto-agenda/

Summary: Prometheum, a firm that has garnered attention for its first-of-its-kind license to operate in crypto-based securities, finds itself at a crossroads. The firm has positioned itself within the regulatory framework established by the US Securities and Exchange Commission (SEC) under its chair, which has taken a tough stance on crypto classifications.  However, with leadership changes […]

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Latest Crypto News: ‘Memecoins Are Getting A Little Weird’: Binance Founder Advocates For ‘Real’ Blockchain Projects

Link: https://bitcoinist.com/memecoins-are-getting-a-little-weird-binance-founder-advocates-for-real-blockchain-projects/

Summary: Memecoins have been the top narrative of this cycle, bringing in millions of dollars in revenue to platforms like Pump.fun and generating massive profits for crypto investors. However, many consider that the frenzy around these tokens has taken a concerning turn as the cycle progressed, with figures like Changpeng Zhao urging for projects with ‘real’ […]

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Bitcoin News: Cardano Adoption Now Fastest Since June 2023: Start Of New Rally?

Link: https://bitcoinist.com/cardano-adoption-now-fastest-june-2023-new-rally/

Summary: On-chain data shows the adoption of Cardano is now happening at the fastest pace since June 2023, a sign that could be bullish for ADA’s price. Cardano Has Registered An Uptick In New Addresses Recently According to data from the market intelligence platform IntoTheBlock, the ADA network has been growing recently. The on-chain metric of […]

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Latest Crypto News: Justin Sun Bets $30 Million On Trump’s Crypto Project – What’s Behind The Move?

Link: https://bitcoinist.com/justin-sun-bets-30-million-on-trumps-crypto-project-whats-behind-the-move/

Summary: Donald Trump’s crypto project is getting a pump from TRON’s founder, Justin Sun. Bloomberg reports that Justin Sun, TRON’s founder, has announced that the company has approved a $30 million investment in Trump’s World Liberty Financial crypto project. Related Reading: Crypto Cowboys Unite: Texas Senator Eyes State Resources For Bitcoin Growth In a Twitter/X post, […]

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Bitcoin News: Bitcoin’s Short-Term Holder SOPR At A Critical Level, What Does This Mean For BTC?

Link: https://bitcoinist.com/bitcoins-short-term-holder-sopr-at-a-key-level/

Summary: As Bitcoin’s price continues to fluctuate, several important metrics might be essential in determining the digital asset’s next direction so that crypto enthusiasts and investors can position themselves for notable market shifts in the upcoming days. On-chain Data Reveals Bitcoin’s Momentum Under Threat Kyle Doops, a technical analyst and host of the Crypto Banter show, […]

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Latest Crypto News: El Salvador President’s ‘Rent-A-Volcano’ Bitcoin Mining Idea Ignites Crypto World

Link: https://bitcoinist.com/el-salvador-presidents-rent-a-volcano-bitcoin-mining-idea-ignites-crypto-world/

Summary: For years, Bitcoin has been receiving complaints about its intensive energy requirements and use of complex computer equipment. As such, the BTC mining industry is continuously looking for ways to address the cryptocurrency’s high energy use without sacrificing its generation. Related Reading: Crypto Tax Puzzle: Australia Looks To International Group For Answers President Nayib Bukele […]

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Bitcoin News: Shiba Inu Burn Suffers 30% Crash, Will SHIB Price Follow This Bearish Trend?

Link: https://bitcoinist.com/shiba-inu-burn-suffers-30-crash/

Summary: The Shiba Inu burn rate is facing new challenges amidst a corresponding lull in the Shiba Inu price. According to data from Shiba Inu burn tracker Shibburn.com, the number of SHIB tokens burned in the past 24 hours has declined noticeably, which gives rise to a concern about the activity surrounding Shiba Inu and whether […]

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Latest Crypto News: Hoskinson Unveils Next Step Over Cardano And XRP Omission In Wyoming

Link: https://bitcoinist.com/cardano-xrp-next-steps-wyoming-stablecoin-decision/

Summary: Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission’s recent blockchain network selections for the state’s upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission’s opaque selection process and raised concerns about potential conflicts of interest. […]

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Due to a sudden job relocation which was scheduled in 4 years, I am forced to close the node. In the coming days, I will proceed to close the channels. Thanks to everyone who opened channels with me. I will still remain in the community.

Bitcoin News: Bitcoin HODLers Sell BTC Worth $60 Billion, Can Price Survive?

Link: https://bitcoinist.com/bitcoin-hodlers-sell-btc-60-billion-price-survive/

Summary: On-chain data shows the Bitcoin long-term holders have participated in a major selloff recently, a sign that may not be ideal for BTC’s price. Bitcoin Long-Term Holders Have Been Distributing Recently As explained by on-chain analyst Checkmate in a new post on X, the Bitcoin long-term holders have just shown their heaviest profit-taking event of […]

Tags: #crypto #bitcoin #nostr