Bitcoinist

The US Senate is reportedly poised to approve significant legislation regulating stablecoins. This bill, known as the GENIUS Act—an acronym for “Guiding and Establishing National Innovation for US Stablecoins”—marks a pivotal moment for the crypto industry as it seeks to gain legitimacy and instill ...

Gemini has accused the Commodity Futures Trading Commission (CFTC) staff of waging a “trophy-hunting lawfare” campaign based on “fabricated” statements and unfairly weaponizing the Commodity Exchange Act (CEA) against the crypto exchange for over seven years. Related Reading: Forza Crypto! Top Excha...

According to reports, Eric Trump insists he has no formal connection to Tron’s Nasdaq listing plan, even though he is named as an advisor to the firm handling the deal. Related Reading: War Worries, Bitcoin Gains: Strategy Adds $1 Billion To Treasury His statement came after growing chatter about th...

While Bitcoin (BTC) continues to trade near its all-time highs (ATHs), trading volume on major exchanges has sharply declined in recent months. This downturn has raised concerns about the sustainability of the current rally. Bitcoin Trading Volume On Exchanges Slumps In a recent CryptoQuant Quicktak...

PricewaterhouseCoopers (PwC) has just released its Digital Euro Cost Study, which estimates the costs involved in introducing a digital euro at €18B, most of which will be borne by local retail banks. Commissioned by several European banking associations (EACB, EBF, ESBG), the findings reiterate wha...

Thailand’s finance ministry has unveiled a plan to drop capital gains tax on cryptocurrencies for five years. Starting Jan. 1, 2025, and running through Dec. 31, 2029, people selling coins like bitcoin through licensed Thai platforms won’t pay tax on those profits. The move comes as Bangkok tries to...

A South Korean court has acquitted Lee Hyung-soo, CEO of crypto investment firm Haru Invest, of criminal fraud charges linked to the alleged mismanagement of investor funds amounting to over $650 million. The decision, issued on Tuesday by the Seoul Southern District Court, comes nearly a year after...

Data shows Internet Computer has become the number one ranked coin in this metric, ahead of the likes of Ethereum (ETH) and Cardano (ADA). Internet Computer Is Number One Ranked On Dev Activity List In a new post on X, the analytics firm Santiment has shared how the top cryptocurrencies in the secto...

Texas is now within a single, silent procedural heartbeat of creating the nation’s largest government-run stash of bitcoin. Senate Bill 21, the Texas Strategic Bitcoin Reserve and Investment Act, was dispatched to Gov. Greg Abbott on June 1 after clearing both chambers by wide margins. Texas Bitcoin...

France faces a familiar problem: it often makes more electricity than it can sell. According to energy researcher Raphaël Bloch, the country wasted about € 80 million worth of power in 2024. Now, a group of lawmakers wants to put that extra juice to work. They’ve filed Amendment No. 547 with the Nat...

Dogecoin has once again returned to a familiar price range that has historically acted as a launchpad for upward moves. In the latest 4-hour candlestick timeframe, Dogecoin is now approaching the $0.168 to $0.172 support band, a level it previously bounced from earlier this month. Despite this price...

Bitcoin is navigating a high-stakes environment as escalating Middle East tensions and mounting macroeconomic risks fuel market volatility. The flagship cryptocurrency is holding above critical support, with bulls maintaining control for now. However, hawkish conditions—driven by rising US Treasury ...

According to former BitMEX founder Arthur Hayes, Circle’s June 5 IPO has sparked what he calls “stablecoin mania.” He warns that this is only the beginning. Many new issuers will rush to go public. Most of them, he predicts, won’t last. Related Reading: Crypto Just Got Pricier In Brazil: 17.5% Tax K...

On Tuesday, the Senate achieved a significant milestone in cryptocurrency regulation by passing the GENIUS Act, a landmark bill that sets the first federal standards for stablecoins. The legislation, which secured a 68-30 vote, creates a regulated pathway for private companies to issue digital dolla...

Crypto analyst Michaël van de Poppe has declared that Ethereum is getting ready for a massive move to the upside. The analyst added a caveat, noting that ETH could still drop to as low as $2,200 before the uptrend begins. Ethereum Primed For A Massive Move To The Upside In an X post, Michaël van [&#...

Bitcoin is currently consolidating in a tight range between two major historical price levels—the all-time high (ATH) of $112,000 and the previous cycle’s peak at $103,600, set back in December. Despite heightened global tensions, particularly the escalating conflict between Israel and Iran, B...

For a prolonged period, Altcoins have remained in the shadow of Bitcoin, as the flagship asset dominated the crypto market with its powerful growth. However, all that could change soon. Many crypto analysts are currently pointing to a resurgence of the alt market, predicting an impending major uptre...

Altcoins are beginning to show fresh momentum, as the Total3 chart, representing the combined market capitalization of all altcoins excluding Bitcoin and Ethereum, has just transitioned from a bearish to bullish structure. According to a new analysis, the breakout signals a potential trend reversal,...

Charles Hoskinson has delivered his sharpest ultimatum yet to the Cardano community, telling viewers of a June 16 white-board livestream that he will “simply retire” if the network rejects his plan to overhaul its 1.7 billion ADA treasury—now worth about US $1.1 billion at the current spot price of ...

Two of the world’s largest cryptocurrency exchanges, Coinbase and Gemini, are on the verge of securing licenses that would allow them to operate across the European Union, as regulatory discrepancies emerge among member states. Gemini And Coinbase Target Regulatory Licenses According to Reuters, Gem...