Bitcoin News / Bitcoinist - 3 weeks ago
Even after a lengthy period of downward price action, bringing Solana’s value to retest the $60 level, the network does not seem to be slowing down in any way. During this highly negative phase, the SOL network has persistently seen positive activity...
Bitcoin News / Bitcoinist - 3 weeks ago
Sam Bankman-Fried, the co-founder and former CEO of the collapsed cryptocurrency exchange FTX, moved forward with a new legal effort on Monday by filing a request for a presidential pardon from President Trump.
Bankman-Fried’s Pardon Bid
Bloomberg re...
Bitcoin News / Bitcoinist - 3 weeks ago
A crypto analyst has shared his belief that XRP may finally be getting ready for a major comeback after months of steady decline. The prediction comes as Bitcoin has climbed back above $63,000 in early Monday trading hours, helping the broader crypto...
Bitcoin News / Bitcoinist - 3 weeks ago
Yuga Labs, the company behind Bored Ape Yacht Club and CryptoPunks, completed a covert whitehat operation on June 8 to rescue 68 blue-chip NFTs — worth more than $500,000 — from an active exploit targeting Flooring Protocol, deploying its own funds a...
Bitcoin News / Bitcoinist - 3 weeks ago
The BTC price is declining more each day as the bear market tightens its grip on the crypto market. Last week, Bitcoin plummeted below $60,000 for the first time since October 2024, marking a new low for this cycle. While overall market sentiment has...
Bitcoin News / Bitcoinist - 3 weeks ago
With heightened bearish pressure continuing to impact Dogecoin’s price action, investors are now discussing and showing concerns about when the meme coin could bottom out. However, a crucial signal has recently emerged from a key metric, suggesting t...
Bitcoin News / Bitcoinist - 3 weeks ago
China’s Supreme People’s Procuratorate published a landmark case on June 7 in which prosecutors in Qingdao successfully argued that Bitcoin qualifies as legally protected property under the country’s criminal law — sentencing a thie...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin’s weekend crash below $60,000 can be linked to a deeper meaning relating to the May 2026 jobs report that came in far stronger than expected.
The report from the US Department of Labor shows a resilient labor market, but it also complicated...
Bitcoin News / Bitcoinist - 3 weeks ago
JPMorgan analysts say Strategy’s last week sale of 32 bitcoin unsettled crypto markets and may force Michael Saylor’s company to rebuild its dollar reserves to restore confidence among investors. The warning comes as the bank turns more cautious on c...
Bitcoin News / Bitcoinist - 3 weeks ago
Grayscale Chief Legal Officer Craig Salm has suggested that Zcash’s own shielded user base may be offering a more meaningful signal on exploit risk than external prediction markets. His comments came after Polymarket opened a market on whether Zcash’...
Bitcoin News / Bitcoinist - 3 weeks ago
Following the Bitcoin price crash below $60,000, Ethereum followed suit, dropping toward $1,500 in the same candle. This move triggered a development that has not happened in a long time, as ETH lost its second-place position in the top 10 cryptocurr...
Bitcoin News / Bitcoinist - 3 weeks ago
Vietnam is planning to require that all domestic crypto trading — including transactions in Bitcoin, Ethereum, and stablecoins like USDT and USDC — be settled in Vietnamese dong, a rule that would effectively bar dollar-paired trades on licensed plat...
Bitcoin News / Bitcoinist - 3 weeks ago
A wallet linked to one of Ethereum’s co-founders has moved more than $121 million worth of ETH for the first time in over three years, and it could not have come at a worse time for market sentiment. The transfer comes at a sensitive moment for...
Bitcoin News / Bitcoinist - 3 weeks ago
Arthur Hayes has disclosed the unwinding of his Worldcoin position just days after revealing a major rebalancing of Maelstrom’s portfolio. On Friday, June 5th, the BitMEX co-founder proclaimed that “the Holy Trinity is dead,” dumpin...
Bitcoin News / Bitcoinist - 3 weeks ago
Justin Sun has reportedly been offered a behind-the-scenes settlement by a World Liberty Financial investor, though no resolution has been announced. That unresolved tension now has a new flashpoint: Sun’s crypto exchange HTX has moved to fully...
Bitcoin News / Bitcoinist - 3 weeks ago
A pseudonymous crypto analyst has revealed that the Ethereum-to-Bitcoin pair has fallen back down to a price region that once preceded the bullish run seen in Ethereum’s past cycle.
ETH/BTC Structure Mirrors 2020 Chart Before Reversal
In an X post o...
Bitcoin News / Bitcoinist - 3 weeks ago
The security researcher, who discovered the Orchard Pool vulnerability in Zcash, says he has added other privacy-focused coins, including Monero, to his audit queue.
Researcher To Audit Monero After Finding Zcash Flaw
Security engineer Taylor Hornby,...
Bitcoin News / Bitcoinist - 3 weeks ago
The US Bitcoin spot ETF market has carried its bearish momentum into June, recording substantial capital withdrawals during the first trading week of the month. The latest outflows come after a difficult May, as investor sentiment around Bitcoin cont...
Bitcoin News / Bitcoinist - 3 weeks ago
Seasoned analyst Darkfost reports that altcoins remain in a precarious market position, especially following recent global financial losses. For context, over $1 trillion was wiped out of US financial markets on Friday due to weak sentiment around AI...
Bitcoin News / Bitcoinist - 3 weeks ago
The cryptocurrency market was shaken by a dramatic collapse in Zcash price, with the privacy-focused digital asset losing more than half of its value in just 24 hours. This sudden decline erased billions of dollars from its market capitalization, mak...
Bitcoin News / Bitcoinist - 3 weeks ago
The US Spot Bitcoin ETFs are experiencing a sustained bearish performance, especially as the premier cryptocurrency succumbs to another wave of correction. Recent data suggest that these ETFs recorded 13 consecutive trading days of net outflows betwe...
Bitcoin News / Bitcoinist - 3 weeks ago
A drone projectile allegedly carried the name of one of the three men now accused in a federal ISIS support case, a detail that gave investigators a rare look at how the alleged plot was being imagined. Federal authorities say the men also moved more...
Bitcoin News / Bitcoinist - 3 weeks ago
The Solana price unsurprisingly crumbled under the weight of the bears, as the general cryptocurrency market saw a wave of downward pressure over the past week. The altcoin crashed towards the $60 mark on Friday, June 5th, its lowest price level sinc...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin has fallen to new lows in this bear cycle, dropping below the psychological $60,000 level. This comes amid the U.S.-Iran war, which has remained muted for a while. At the same time, U.S. Treasury Scott Bessent provided an update on the Strate...
Bitcoin News / Bitcoinist - 3 weeks ago
Kraken has opened a path for eligible customers in more than 110 markets to register interest in SpaceX before the company starts public trading, and anyone who receives an allocation will get SPCXx, a tokenized claim backed 1:1 by the underlying sha...