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Bitcoinist

14262 Articles

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

Ethereum Exchange Supply Hits Historic Low Below 4.9% — Is Price Breaking $3,000 Soon?

According to on-chain data from analytics platform Santiment, Ethereum’s supply on exchanges has dropped to an all-time low, plunging below 4.9%. This marks the lowest level recorded in its 10+ year history and highlights a dramatic shift in investor behavior. This is a prime indicator of an incomin...
May 21, 2025

Bitcoin Rebounds As Funding Rates Stay Cool – Sign Of A Maturing Bull Market?

Bitcoin is once again trading at a critical juncture as it flirts with an all-time high (ATH), yet this time, the usual euphoria is missing. The asset has surged more than 40% since early April, pushing toward the $109K mark, but market sentiment feels unusually cautious. Rather than the typical wav...
May 21, 2025

Bitcoin Spot Buying Reignites On Binance As Spot Net Volume Delta Turns Bullish

After experiencing a notable surge in its price above the $105,000 mark, Bitcoin’s market dynamics are showing bullish momentum for continued growth. BTC’s renewed strength is also observed among key metrics such as the Spot Net Volume Delta, which has recently flipped into positive territory. Binan...
May 21, 2025

79.89% Crash In 24 Hours: What’s Going On With The Shiba Inu Burn?

In a rather unexpected turn of events, the Shiba Inu (SHIB) burn rate has plummeted by a staggering 79.89% in just 24 hours. Once considered the cornerstone of Shiba Inu’s deflationary strategy and a key driver behind the meme coin’s long-term value, this dramatic decline in token burns now sparks s...
May 21, 2025

Bitcoin LTH Distribution Not Over Yet – Can Institutions Absorb The Remaining Supply?

Bitcoin spiked to $107,000 on Sunday before swiftly retracing, shaking investor confidence and triggering fresh volatility across the market. The move, which many hoped would lead to a clean breakout into price discovery, instead reinforced the current consolidation range between $100K and $105K. An...
May 20, 2025

Coinbase Faces DOJ Heat Over Hack As It Enters S&P Spotlight

Coinbase saw its stock dip on its big day in the S&P 500. It closed at about $263, down from its high. Then came news of a US Justice Department probe into how hackers stole customer data. It’s a sudden turn for the exchange that just replaced Discover Financial Services on the index. Related Re...
May 20, 2025

Solana Small Investors Reemerge: Shrimp Wallet Addresses Count Explodes To A New High

During its recent upward performance, Solana attracted a significant number of retail and whale investors, which helped bolster the upside move. Even though the altcoin’s price has briefly pulled back, substantial buying activity is still observed among the smallest SOL holders. Shrimp Wallets Multi...
May 20, 2025

Strategy’s $40 Billion Bet In Trouble? New Lawsuit Opens Can Of Worms

Strategy’s $40 billion Bet on Bitcoin has become the subject of a class action lawsuit. The plaintiffs accuse the company’s executives of making misleading statements. This comes amid the firm’s latest purchase of 7,390 BTC. Strategy Faces Lawsuit Over Bitcoin Bet According to Strategy’s filing with...
May 20, 2025

Bitcoin Is Becoming A Key Election Issue In Chile’s 2025 Race

Bitcoin’s environmental and macro-economic implications have vaulted the cryptocurrency from a niche policy matter into the thick of Chile’s presidential race, with advisers to every major contender treating the asset—and the mining industry that underpins it—as a potential vote-winner rather than a...
May 20, 2025

Bitcoin’s Power Compared To Nuclear Reactor By Brazilian Business Leader

According to a recent conference call, Méliuz Chairman Israel Salmen likened Bitcoin to a “nuclear reactor” after the company’s stock saw a sudden surge. Related Reading: Tether’s $120 Billion Treasury Stash Surpasses Germany, Ranks 19th Globally The fintech firm won shareholder approval to become B...
May 20, 2025

Ripple CEO Clashes With Senate Crypto Chair Lummis

A simmering dispute between Ripple Labs chief executive Brad Garlinghouse and Senator Cynthia Lummis (R-Wyo.) burst into the open on Monday, May 19, after the senator’s staff cancelled a meeting with the fintech executive and declined to offer a new date. Ripple CEO Starts Public Dispute Garlinghous...
May 20, 2025

Pi Network Faces Obstacles As Price Wobbles Below $1, What’s Happening?

Pi Network has seen its price struggle since its launch after an initial rally pushed the price to $2.98. Its launch in February 2025 was highly anticipated and triggered its lift-off as believers who had been with the project for five years were finally rewarded. However, with the passage of time, ...
May 20, 2025

Strategy Buys Another 7,390 Bitcoin: How Much Profit Is The Firm Holding Now?

Strategy has just announced its brand new Bitcoin purchase. Here’s how the profit-loss situation of the firm’s holdings looks now. Strategy Has Made A New Bitcoin Acquisition Worth $764 Million In a new post on X, Strategy Chairman Michael Saylor has shared the announcement related to th...
May 20, 2025

New Crypto to Rally with Trump’s Meme Coin Dinner in Two Days

On May 22, US President Donald Trump is expected to play host to the top 220 biggest holders of his $TRUMP meme coin – either at the White House or his Virginia golf club. Bringing these crypto whales together into a high-level political setting signals that meme coins have outgrown their humor stat...
May 20, 2025

Class Action Lawsuit Filed Against Strategy Over Alleged Bitcoin Misleading

On May 16, a class action lawsuit was filed against Michael Saylor’s Strategy (previously MicroStrategy) and its top executives, including President and CEO Phong Le and Chief Financial Officer Andrew Kang. The plaintiff, Anas Hamza, alleges that the Bitcoin (BTC) proxy firm misrepresented cru...
May 20, 2025

Best Crypto to Buy as JPMorgan Embraces Bitcoin and Bull Market Returns

Bitcoin just got a surprising nod – from Jamie Dimon of all people. That’s right, the CEO of JPMorgan, one of Bitcoin’s loudest critics over the years, now says his bank will allow clients to buy the cryptocurrency. While JPM won’t hold the coins itself, it’s still a huge symbolic shift. If th...
May 20, 2025

The US Senate Pushes the GENIUS Bill. Best Wallet Token to Rally?

The Senate revived the GENIUS bill on Monday, after a procedural vote put the bill on track to receive the green light. Altcoins like Best Wallet Token could catch steam as a result. GENIUS was initially rejected by the democrats two weeks ago due to concerns relating to Donald Trump’s ‘crypto deali...
May 20, 2025

Weekly Crypto Fund Inflows Reach $785M, Led by Bitcoin and Ethereum

Digital asset investment products have recorded their fifth consecutive week of positive inflows, signaling sustained investor interest in crypto assets despite lingering macroeconomic uncertainty. According to CoinShares, inflows into crypto-related investment vehicles totaled $785 million in the p...
May 20, 2025

As Bitcoin Nears $110K, Is It Time to Buy BTC Bull Token Meme Coins?

Is Bitcoin going to surpass $110K soon? Only time can tell, though the world’s most valuable crypto keeps surging and inching closer to a new all-time high. According to crypto aggregator CoinGecko, $BTC peaked at $106K today, just 3% shy of the $109K all-time high seen in January 2025. This bullish...
May 20, 2025

World’s Largest Crypto Crime Network Collapses After Telegram Crackdown

One of the world’s largest illicit crypto marketplace, Haowang Guarantee, has ceased operations following a major enforcement action by Telegram. The announcement came after the messaging platform blocked Haowang’s NFTs, groups, and thousands of related channels on May 13, effectively dismantling it...
May 20, 2025
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