Bitcoin News / Bitcoinist - 3 weeks ago
Mark Cuban said he has sold most of his Bitcoin, arguing that the asset failed to behave as the hedge he expected during a period of geopolitical stress and dollar weakness. Speaking on Portfolio Players by Front Office Sports, released on May 21, 20...
Bitcoin News / Bitcoinist - 3 weeks ago
Representative James Comer, Republican of Kentucky and chairman of the House Oversight and Government Reform Committee, announced a formal investigation into prediction market platforms Polymarket and Kalshi on May 22 — demanding that the CEOs of bot...
Bitcoin News / Bitcoinist - 3 weeks ago
Blockchain.com has processed over $1 trillion in crypto transactions since its founding in 2011 — and now the company wants Wall Street to take notice.
The crypto exchange and wallet platform quietly filed confidential documents with US regulators fo...
Bitcoin News / Bitcoinist - 3 weeks ago
Ken Paxton is getting half a million dollars from a crypto-backed political committee. The Fellowship PAC, an $11 million fund supported by Cantor Fitzgerald and Anchorage Digital, disclosed to the Federal Election Commission that it plans to spend $...
Bitcoin News / Bitcoinist - 3 weeks ago
The Wall Street Journal published a report on May 22 alleging that a covert payments network linked to Iran moved approximately $850 million through Binance — the world’s largest cryptocurrency exchange — with activity continuing as recently as...
Bitcoin News / Bitcoinist - 3 weeks ago
XRP Ledger has moved into fourth place on RWA.xyz’s network rankings, according to RippleX, marking a rapid climb for the blockchain in the tokenized real-world asset sector. The move puts XRPL behind Canton, Ethereum and Provenance by total distribu...
Bitcoin News / Bitcoinist - 3 weeks ago
Brian Armstrong’s role in the crypto regulation push became a flashpoint when BitMEX co-founder Arthur Hayes called out the Coinbase CEO by name during a recent interview.
Hayes said Armstrong is acting in the best interest of his shareholders...
Bitcoin News / Bitcoinist - 3 weeks ago
The US government is reportedly investing in Quantum Computing, the technology that could end up acting as a possible threat to Bitcoin.
US Commerce Department To Give $2 Billion To Quantum Computing Firms
As reported by CNBC, the US government is se...
Bitcoin News / Bitcoinist - 3 weeks ago
Representative Nick Begich unveiled the American Reserve Modernization Act on Thursday, presenting the bill as a way for the United States to create a strategic Bitcoin (BTC) reserve and update how the federal government handles digital assets kept o...
Bitcoin News / Bitcoinist - 3 weeks ago
An Italian police unit cracked a tax fraud case worth over a million dollars — and at the center of it was not a secret bank account or a shell company, but Bitcoin inscriptions.
A New Way To Hide Old Money
Italy’s Economic and Financial Polic...
Bitcoin News / Bitcoinist - 3 weeks ago
The CEO of Coinbase has revealed that the platform’s recent AI upgrade has provided “huge efficiency unlocks” in various workflows.
Coinbase Is Using AI In High-Stakes Compliance Workflows
In an X post, Coinbase co-founder and CEO B...
Bitcoin News / Bitcoinist - 3 weeks ago
The Real World Asset (RWA) sector has seen remarkable growth over the past month, with the XRP, Solana (SOL), and Ethereum (ETH) ecosystems recording a significant increase in market value and adoption. However, among these three leading cryptocurren...
Bitcoin News / Bitcoinist - 3 weeks ago
While the Ethereum price saw a brief bounce towards the end of Wednesday, the structure remains significantly weak underneath the surface. During this highly negative period, the leading altcoin has made a crucial move by confirming a bearish breakdo...
Bitcoin News / Bitcoinist - 3 weeks ago
A crypto analyst has revealed that Bitcoin (BTC) is repeating a historical “fakeout” pattern that has led to new all-time highs each four-year cycle. According to the analyst, if this theory holds, this cycle could see the BTC price crash to new lows...
Bitcoin News / Bitcoinist - 3 weeks ago
The current Bitcoin price weakness has triggered confusion across the crypto market after a prominent analyst on X pointed to massive BTC outflows from major trading and custodial platforms. The claims surfaced at a time when overall market sentiment...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin’s near-term outlook is looking quite bearish, with its price trending well below the $80,000 level as volatility mounts. Along with downside performance, several key metrics are starting to exhibit negative activity, strengthening the bearish...
Bitcoin News / Bitcoinist - 3 weeks ago
Terraform Labs has accused one of Wall Street’s largest trading firms, Jane Street, of allegedly using a private Telegram group chat with insiders to dump its TerraUSD (UST) stablecoin holdings just hours before its collapse.
Jane Street Used Terraf...
Bitcoin News / Bitcoinist - 3 weeks ago
Crypto analyst Merlijn has delivered “bad news” to Solana and XRP investors, with Goldman Sachs offloading their exposure to these coins. The analyst highlighted this as a conviction statement as the top U.S. bank held on to its Bitcoin and Ethereum...
Bitcoin News / Bitcoinist - 3 weeks ago
Blockchain analysts had it wrong — by a wide margin. When SpaceX filed its S-1 registration statement with US securities regulators ahead of its planned June 12 stock market debut, the company disclosed Bitcoin holdings that were more than double wha...
Bitcoin News / Bitcoinist - 3 weeks ago
Charles Hoskinson has urged Cardano DReps to back a research funding proposal, warning that a failure to do so could damage one of the network’s core value propositions: its identity as a research-led blockchain.
Speaking in a May 21 livestream from...
Bitcoin News / Bitcoinist - 3 weeks ago
Evernorth Chief Business Officer Sagar Shah has pushed back on the idea that Ripple’s dollar-backed stablecoin RLUSD could replace XRP, arguing that the two assets are designed for different roles in on-chain finance. In a May 20 blog post, Shah said...
Bitcoin News / Bitcoinist - 3 weeks ago
Analytics firm Glassnode has broken down how much of the Bitcoin supply is at risk due to Quantum Computing and what its composition looks like.
6.04 Million Bitcoin Is Estimated To Be Exposed To Quantum Risk
In a new X article, Glassnode has talked...
Bitcoin News / Bitcoinist - 3 weeks ago
A new study by Glassnode is putting fresh focus on a security risk for the wider Bitcoin (BTC) ecosystem—one that relates not to today’s cryptography, but to what could happen if quantum computers become powerful enough to run the right algorithms. ...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin is struggling as the price loses the $80,000 level and the market faces a wave of selling pressure that has erased the confidence built during weeks of recovery. The breakdown raises an immediate question that a CryptoQuant report has now ans...
Bitcoin News / Bitcoinist - 3 weeks ago
Bsquared Technology Pte Ltd has no auditors to answer to yet — but it will. Singapore’s central bank has ordered the crypto firm to produce a closure certificate confirming that all customer funds have been returned. The company told regulators...