In a surprising twist, the US Securities and Exchange Commission (SEC) has dismissed its case against Ripple executives Brad Garlinghouse and Chris Larsen.  The dismissal agreement, reached by both parties, means that the scheduled trial for April next year will no longer proceed. However, it is important to note that while the charges against Garlinghouse […]

The recent surge in the Bitcoin price was preceded by a significant amount of BTC leaving centralized exchanges. Over the past week, investors took to exchanges to remove their BTC holdings, supposedly for safekeeping in private wallets. 30,000 BTC Leaves Exchanges On October 18, crypto analyst Ali Charts revealed that more than 30,000 BTC had […]

In the next three days, our team at Bitconist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto. Related Reading: xDay 2023: Elon Musk’s X […]

The Cardano Foundation recently launched a delegation strategy that has sparked criticism from the Cardano community. This has prompted some community members to seek clarification from founder Charles Hoskinson, but he seems to want no part of the unrest. Hoskinson Declares No Ties To Foundation Following the publication of Cardano Foundation’s delegation strategy update, a […]

XRP has observed a sharp surge of 8% during the past day as data shows the sharks and whales have loaded up their bags to a 3-month high. XRP Has Enjoyed A Sharp Rally During The Last 24 Hours In the past day, the cryptocurrency sector as a whole has seen an uplift, led by […]

Amid swirling speculation and anticipation around the upcoming SHI stablecoin, Vet Kusama, an integral member of the Shiba Inu team, took to social media platform X (formerly Twitter) to provide clarity. Kusama’s message sought to elucidate the role of SHI in the Shibarium chain and address rumors surrounding its launch. Crucial Message About Shiba Inu’s […]

In the fast-paced world of cryptocurrencies, the momentum is undeniable and appears to be accelerating, according to macro guru Dan Tapiero.  In a recent interview, Tapiero emphasized the lightning speed at which both institutional and retail adoption is taking place, underlining the phenomenal growth the crypto space has witnessed in the past four years. “When […]

In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 to focus on the Metaverse, one of the hottest trends in crypto. Related Reading: xDay 2023 Day 2: Google And MultiversX Join […]

The trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), continued on October 19 with the witness testimony of Can Sun, a former General Counsel at FTX. During direct examination, Sun provided details that further implicated the defendant as the prosecution rested its case. Sam Bankman-Fried Didn’t Seem Surprised About […]

Prominent pro-XRP lawyer John Deaton has launched a scathing critique of the US Securities and Exchange Commission (SEC) in light of the regulatory body’s actions against blockchain company LBRY Inc. Deaton, renowned for representing XRP holders in the Ripple-SEC lawsuit, marked the regulatory body’s conduct as an exhibit of overreach. “The LBRY case should be […]

In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, one of the hottest trends in crypto. Related Reading: xDay 2023 Day 1: How MultiversX Is Bridging […]

On October 19, the US Securities and Exchange Commission (SEC) dismissed all its claims against Ripple’s CEO, Brad Garlinghouse, and Co-founder, Chris Larsen. Following this, Larsen called out the financial regulator, stating why it had to be held accountable for its actions.  Larsen Calls SEC A Rogue Administrative State In a post shared on his […]

In a notable turn of events, Ripple announced that CEO Brad Garlinghouse and Executive Chairman Chris Larsen were cleared of all allegations lodged against them by the US Securities and Exchange Commission (SEC). The SEC has decided to dismiss the charges with prejudice, signaling a significant setback for the government agency. This dismissal marks the […]

Following US Federal Reserve chair Jerome Powell’s recent comments that led to higher treasury yields, Bitcoin price and other cryptocurrencies experienced modest gains on Friday. However, a legal action by the state of New York against Digital Currency Group, Genesis Global Capital, and the Gemini crypto exchange, alleging fraud exceeding $1 billion, created some uncertainty. […]

BlackRock, the world’s largest asset manager, has amended its prospectus for the spot Bitcoin Exchange-Traded Fund (ETF) with the stringent United States Securities and Exchange (SEC), according to a report on October 18.  BlackRock Revises Bitcoin ETF Application, Heavyweights Interested Specific changes made on their iShares Bitcoin Trust submitted by the asset manager include acknowledging the intense […]

According to a report by the global investment bank Morgan Stanley, signs indicate that the cyclical “crypto winter” bear market, which has plagued the cryptocurrency industry, may finally end.  The report explores the historical pattern of Bitcoin’s (BTC) performance following halving events that occur approximately every four years. Furthermore, the report estimates that the next […]

Dogecoin has suffered some of the worst of the crypto bear market after taking a severe hit to its price. In response, DOGE transactions had plunged rapidly, which suggests that the digital asset is falling out of favor with investors. However, despite these bearish trends, one crypto analyst still sees a surge in the future […]

The electric car manufacturer Tesla is proving to be yet another Bitcoin (BTC) HODLer. Their Q3 2023 earnings report indicates that Elon Musk’s automotive company held onto its coins, not liquidating coins over the last few quarters. Tesla Holding On To Bitcoin Although Tesla has not bought any Bitcoin since February 2021, even selling 75% […]