Bitcoin News: Vladimir Putin Pushes Bitcoin As A Viable Alternative To Dollar Reserves
Link: https://bitcoinist.com/vladimir-putin-pushes-bitcoin-as-alternative-dollar/
Summary: Russian President Vladimir Putin has made headlines with his recent remarks on using Bitcoin and the need for his country to reconsider its reliance on foreign currency reserves. Russian President Emphasizes Bitcoin’s Role Speaking at an investment conference in Moscow, Putin argued that the current geopolitical climate, particularly following the West’s freezing of approximately $300 […]
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Latest Crypto News: Crypto Ponzi Scheme Exposed: IcomTech Leaders Sentenced to Decade Behind Bars
Link: https://bitcoinist.com/crypto-ponzi-scheme-exposed-icomtech-leaders/
Summary: Two central figures behind the cryptocurrency Ponzi scheme known as IcomTech have been sentenced to substantial prison terms, according to a recent press release by the US DoJ. The scheme defrauded thousands of investors out of millions of dollars, leaving financial devastation in its wake. The sentencing marks a major legal conclusion to one of […]
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Bitcoin News: Analyst Highlights XRP Price Prediction From 2022 That Predicted The Rise To $2.8, But There’s More!
Link: https://bitcoinist.com/xrp-price-prediction-2022-2-8/
Summary: The XRP price action in the past few weeks has been nothing but phenomenal. Particularly, the XRP price has surged by over 460% from its $0.5 range at the beginning of December to peak at $2.82 within the last 24 hours. This notable surge has brought XRP into the spotlight, with various discussions on social […]
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Latest Crypto News: Hackers Wanted! Crypto.com Puts Its Security To A $2 Million Test
Link: https://bitcoinist.com/hackers-wanted-crypto-com-puts-its-security-to-a-2-million-test/
Summary: Singapore-based Crypto.com is offering $2 million to anyone who can find and report vulnerabilities as a sign of its confidence in its modern and updated security system. The bounty program is the biggest yet for the website and HackerOne, offering an open scope, fast payment, and fully compliant with platform standards. Related Reading: Binance And […]
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Bitcoin News: Bitcoin Mining Could Solve Wind Energy Waste In The UK
Link: https://bitcoinist.com/bitcoin-mining-could-solve-wind-energy-waste-in-the-uk/
Summary: Bitcoin mining could be a win-win solution to countries like the United Kingdom that are having problems with their excess output from renewable energy. The executive of a US-based digital asset technology firm suggested that Bitcoin mining could be the best way to eliminate wastage and grid congestion on renewable energy. Related Reading: Binance And […]
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Latest Crypto News: Bitcoin Long-Term Holders Balances Fall To A New Low As Market Sentiment Shifts
Link: https://bitcoinist.com/bitcoin-long-term-holders-balances-fall-to-new-low/
Summary: Bitcoin’s price is rising presently, showcasing the potential for further upside growth. However, optimism and confidence in the largest cryptocurrency asset might be gradually decreasing as long-term holders’ balances have fallen sharply in the past few days. Are Long-term Holders Of Bitcoin Losing Faith In The Asset? Recent reports show a shift in investors’ sentiment […]
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Bitcoin News: Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures
Link: https://bitcoinist.com/foundry-cuts-workforce-bitcoin-mining-pool/
Summary: On Monday, Foundry, the world’s largest Bitcoin mining pool, announced a significant reduction in its workforce, laying off approximately 60% of its staff. This decision, confirmed by a report from Blockspace, affects both US and international staff, reducing the company’s headcount from over 250 to around 80-90 employees. Foundry Focuses On Core Business Sources familiar […]
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Latest Crypto News: France Targets Bitcoin With New Tax In 2025 Budget Proposal
Link: https://bitcoinist.com/france-targets-bitcoin-with-new-tax-in-2025/
Summary: The French government proposes replacing the real estate wealth tax with an “unproductive wealth tax” that targets dormant assets, including cryptocurrencies, luxury goods, and other unused real estate. According to Senator Sylvie Vermeillet, Bitcoin will be classified as a non-productive asset in next year’s national budget. Vermeillet’s proposal is similar to the taxation of luxury […]
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Bitcoin News: Trump Could Revalue Bitcoin Radically Higher Like Oil In 1973, Says Top Economist
Link: https://bitcoinist.com/trump-revalue-bitcoin-like-oil-in-1973/
Summary: In an interview with Natalie Brunell, Luke Gromen, a renowned macroeconomic analyst and founder of FFTT LLC, shared his insights on former President Donald Trump’s potential influence on the Bitcoin price. The discussion centered around Trump’s campaign promise that he will establish a strategic Bitcoin stockpile and his comparison to oil. Bitcoin As ‘The New […]
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Latest Crypto News: Bitcoin ‘Well-Positioned’ To Break $100,000 Barrier Despite Short-Term Volatility: Report
Summary: According to a recent report by Bitfinex, Bitcoin (BTC) breaking through the psychologically significant $100,000 barrier will largely depend on the actions of two key holder cohorts – long-term holders (LTH) engaging in profit-taking and short-term holders (STH) driving demand. Short-Term Holder Demand Critical To Propel Bitcoin To $100,000 Bitcoin’s price surged an impressive 37.3% […]
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GM nostr...Repeat after me, buy and hold, buy and hold, but and hold....but ever no-kyc
#Bitcoin #Crypto#nostr
Bitcoin News: XRP Jumps 69% As Whales Go On $1.6 Billion Buying Spree
Link: https://bitcoinist.com/xrp-jumps-53-as-whales-1-6-billion-buying-spree/
Summary: The XRP price has made a significant bullish push recently as on-chain data shows whales have been accumulating significant amounts. XRP Whales Have Made Big Purchases In Last Few Weeks According to data from the on-chain analytics firm Santiment, the XRP whales have been busy buying recently. The on-chain indicator of relevance here is the […]
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Latest Crypto News: Crypto Laws Expected To Pass ‘Fairly Quickly’ Under Trump Administration – Coinbase CPO
Summary: Just seven weeks before Donald Trump takes office, the crypto industry’s expectations of a friendlier administration and better regulations in the next four years continue to rise. Coinbase’s Chief Policy Officer (CPO), Faryar Shirzad, suggested that after January 20, 2025, legislation related to the digital assets sector will quickly pass through the new US Congress. […]
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Bitcoin News: Cryptocurrency Tax Postponed! South Korea Extends Breathing Room To 2027
Link: https://bitcoinist.com/cryptocurrency-tax-postponed-south-korea-extends-breathing-room-to-2027/
Summary: Cryptocurrency firms in South Korea would have some breathing room before they start paying capital gains tax as the government decided to delay its implementation by two years. South Korean legislators agreed not to impose the crypto taxation policy next year, moving its implementation to 2027. Related Reading: Michael Saylor’s Thanksgiving: A Crypto Feast Featuring […]
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Latest Crypto News: Spot XRP ETF Race Heats Up As WisdomTree Files S-1 Application With SEC
Link: https://bitcoinist.com/spot-xrp-etf-race-heats-up-as-wisdomtree-files/
Summary: Global exchange-traded fund (ETF) issuer and asset manager WisdomTree has officially submitted an S-1 application for a spot XRP ETF to the US Securities and Exchange Commission (SEC), becoming the fourth asset manager in the US to seek approval of the index fund. Growing Interest In XRP ETF The proposed fund, named the WisdomTree XRP […]
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Bitcoin News: $300M Bitcoin Hack Forces Japanese Crypto Exchange to Cease Operations—Details
Link: https://bitcoinist.com/300m-bitcoin-hack-forces-japanese-crypto-exchange/
Summary: Japanese cryptocurrency exchange DMM Bitcoin announced its decision to shut down operations following a severe security breach in May that resulted in more than $300 million in losses. The latest report states that the exchange has agreed to transfer its assets to SBI VC Trade, the crypto division of Japan’s financial conglomerate SBI Group. Related […]
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Latest Crypto News: Cathie Wood: Trump-Led Deregulation To Ignite Crypto And Tech Boom
Link: https://bitcoinist.com/cathie-wood-trump-led-admin-to-ignite-crypto/
Summary: Now that incoming US President Donald Trump is warming up for his second administration, many in the crypto industry expect big things for tech and crypto. According to Cathie Wood of Ark Investment Management, Trump’s win will spur innovation in artificial intelligence, tech, and cryptocurrencies. Related Reading: Michael Saylor’s Thanksgiving: A Feast Featuring Bitcoin-Topped Turkey […]
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Bitcoin News: Bitcoin Demand Still Absorbing Sales – However Risk Of Growing Supply Remains High
Summary: Bitcoin has seen unpredictable and volatile activity recently, with price action testing both psychological and technical boundaries. The cryptocurrency failed to break above the coveted $100,000 mark while showing resilience by holding firmly above the $90,000 level. This tight range has left traders and investors on edge, watching closely for a decisive move. Related Reading: […]
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Latest Crypto News: Shiba Inu Power Play: Major Strength Signals Emerge For SHIB, Is A Rally Imminent?
Link: https://bitcoinist.com/major-strength-signals-emerge-for-shiba-inu/
Summary: Popular dog-themed meme coin Shiba Inu is currently riding the bullish wave, attracting notable gains following the renewed momentum of the general crypto market. This recent uptrend of Shiba Inu has fueled robust optimism within the community about its potential for a significant rally in the upcoming weeks. A Bull Run Likely For Shiba Inu […]
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Bitcoin News: Bitcoin’s Exchange Balance Sees Sharp Decrease As Price Momentum Builds
Link: https://bitcoinist.com/bitcoins-exchange-balance-sees-sharp-decrease/
Summary: As the price of Bitcoin continues to demonstrate significant upside movement over the past few weeks, there has been a notable shift in sentiment among holders and investors, leading to a substantial decrease in the balance of BTC held in crypto exchanges. Bitcoin Holders Adopting A Different Approach A recent report shows that Bitcoin’s crypto […]
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