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Bitcoinist

14274 Articles

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

CBDC Fight Escalates As US Lawmakers Call For Permanent Ban

A standalone bill that went nowhere in the Senate is now at the center of a congressional fight over how far the government should go to block a digital dollar — and a group of 29 lawmakers wants the answer to be: all the way. Related Reading: Crypto Gets A Boost In Trump’s New National […]
Sun, Mar 8

South Korean Authorities Exclude Stablecoins From Corporate Crypto Investments – Details

South Korean authorities are reportedly moving to exclude stablecoins from an incoming framework that will allow listed companies to invest in cryptocurrencies. The decision is reportedly tied to existing foreign exchange laws, but reflects a cautious approach in permitting institutional exposure to...
Sun, Mar 8

Binance And Founder CZ Cleared As Judge Tosses Terror Financing Case – Details

A federal judge in Manhattan has thrown out a civil lawsuit accusing Binance, the world’s largest crypto exchange, and its founder Changpeng Zhao, popularly known as CZ, of facilitating financing for multiple terrorist attacks globally. This development represents a significant win for the Sey...
Sun, Mar 8

Recent Bitcoin Correction Could Persist Due To Whale Activity — Santiment

The price of Bitcoin seemed to have broken into a fresh rally after making a run towards $75,000 during the week. However, the premier cryptocurrency has been on a steady decline since hitting a new one-month high around $74,000. According to a prominent blockchain firm, this decline may not be over...
Sun, Mar 8

Satoshi Nakamoto’s Bitcoin Could Get Stolen, But A BTC Dev Has Proprosed A Solution

Satoshi Nakamoto’s Bitcoin holdings risk getting stolen as the quantum threat becomes more of a possibility. BTC developer Hunter Beast has notably proposed the Hourglass V2 proposal amid debates on the best way to handle Satoshi’s supply, to mitigate the impact of sell pressure that Bitcoin could f...
Sun, Mar 8

Florida Passes First State-Level Stablecoin Bill — Crypto CLARITY Act Next?

In a positive development for the crypto industry, the Florida State Senate has passed a bill to create a regulatory framework for stablecoins at the state level. This move comes amid the struggles to enact a broader crypto market structure bill in the United States. Florida Creates Stablecoin Frame...
Sun, Mar 8

CBDC: Senator Pushes For Permanent Ban In Housing Act Amendment

US Senator Ted Cruz is maintaining a firm campaign against a US central bank digital currency (CBDC). In the latest development, the junior senator representing Texas has pushed for a permanent CBDC ban in the 21st Century ROAD to Housing Act, to replace an initial short-term prohibition. Related Re...
Sun, Mar 8

Solana’s 755% Surge Shows That Users Are Coming Back To The Table

After months of bearish pressure and fading market enthusiasm, Solana (SOL) appears to be finding its footing again. A new report by Messari, a crypto market intelligence platform, shows the network’s payment volume has surged dramatically by 755%, indicating that users are finally flooding back int...
Sun, Mar 8

Ethereum Under Pressure As Researchers Issue Critical Report

Ethereum is facing renewed scrutiny after Culper Research released a sharply critical report outlining its bearish stance on the second-largest cryptocurrency by market capitalization. The reporter argues that the key aspects of the ETH ecosystem and long-term narrative may be weaker than widely bel...
Sat, Mar 7

Crypto Gets A Boost In Trump’s New National Cyber Strategy

US President Donald Trump’s new national cyber strategy names cryptocurrency and blockchain once and frames them as technologies the government must “protect and secure,” while also directing agencies to disrupt criminal uses that ride on those systems. Related Reading: Bitcoin Could Outshine Gold T...
Sat, Mar 7

What’s Driving Bitcoin And Ethereum Prices – And Why Investors Should Be Watchful

The crypto market has grown increasingly cautious as Bitcoin and Ethereum prices have crashed to former lows amid growing concerns about institutional flows and network fundamentals. Bitcoin’s recent decline below $70,000 appears closely tied to shifts in the demand for its exchange-trading fund (ET...
Sat, Mar 7

$35M Diverted To Crypto: Ex-CFO Gets 2-Year Prison Term

He told his colleagues only after the money was gone. Nevin Shetty, the former chief financial officer of a Seattle-based tech startup, was sentenced Thursday to two years in federal prison after secretly transferring $35 million in company funds into a cryptocurrency platform he ran on the side — t...
Sat, Mar 7

Bitcoin Market At Uncertain Phase As Stagflation Fears In The US Rises — Details

In their latest post on CryptoQuant, XWIN Research Japan explores how developing affairs in the United States could affect the trajectory of Bitcoin and other risk assets in the near-term. According to the education institute, concerns of a potential stagflation period have begun to come up, which c...
Sat, Mar 7

Elon Musk Cosigns X Money Post, But Does It Have Anything To Do With Dogecoin?

Elon Musk’s intentions to launch a financial services app have not been a secret, but the question mostly has been how Dogecoin fits into that dream. Musk was the primary reason for Dogecoin’s legendary 33,000% rally back in 2021, calling it his favorite cryptocurrency. Now that the billionaire has ...
Sat, Mar 7

Binance Claps Back At Senator Blumenthal’s Allegations, Denouncing False Claims

Binance has formally responded to US Senator Richard Blumenthal (D-CT) following a congressional letter in which the lawmaker cited media reports alleging the company enabled large-scale violations of US and international sanctions involving Iran. In an open letter published Friday, Binance rejected...
Sat, Mar 7

Bitcoin Difficulty Holds Flat As Hashrate Moves Sideways

On-chain data shows the Bitcoin Difficulty has seen little change in the latest adjustment as a result of the recent sideways trend in the Hashrate. Bitcoin Difficulty Has Only Seen A Change Of 0.45% In The New Adjustment The Bitcoin “Difficulty” refers to a metric built into the blockch...
Sat, Mar 7

KuCoin Blocked In UAE As Authorities Mandate Immediate Service Stop

Seychelles-based cryptocurrency exchange KuCoin has been ordered to halt its operations in Dubai after regulators determined the platform was operating without the required authorization. The action was announced Thursday by Dubai’s Virtual Assets Regulatory Authority (VARA), which stated that KuCoi...
Sat, Mar 7

Kazakhstan’s Crypto Bet: Central Bank To Begin $350M Digital Assets Investment In Q2

Kazakhstan’s central bank will soon begin investing up to $350 million from its gold and foreign exchange reserves into cryptocurrency assets and related companies, as part of its broader digital assets strategy. Related Reading: US Watchdogs Submit Crypto, Prediction Markets Rule Plans For White Ho...
Sat, Mar 7

Single Swing Vote May Determine Fate Of The CLARITY Act In Banking Committee

Despite strong backing from President Donald Trump and ongoing discussions at the White House, the CLARITY Act — the Senate’s long-debated crypto market structure bill — remains stalled as political divisions persist and the midterm elections draw closer. The legislation has been slowed by continued...
Sat, Mar 7

The Hormuz Standoff: Why Bitcoin’s Liquidity Drain Is Defying The Global Energy Shock

Bitcoin is attempting to hold the $70,000 level as geopolitical tensions in the Middle East intensify, injecting fresh uncertainty into global financial markets. The asset began the week trading above $74,000 but experienced a sharp repricing as investors reacted to escalating developments around th...
Sat, Mar 7
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