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Bitcoinist

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

Dogecoin Rally Reignites Meme Coin Frenzy, Expert Reveals The Best Choices

The Dogecoin price has rallied more than 10% off the recent crypto market recovery and this has reignited the meme coin frenzy. So far, a large number of meme coins have seen their values skyrocket, with the likes of MemeFi and MOODENG already up over 200% in the last week alone. As the Dogecoin ral...
May 10, 2025

Bitcoin Whale Holdings Jump 41,300 BTC As Institutional Demand Heats Up – Details

As Bitcoin (BTC) pushes past the psychologically important $100,000 milestone, on-chain data suggests that an increasing number of whales – wallets with significant BTC holdings – are accumulating the top cryptocurrency at a rapid pace. Bitcoin Whales Increase Their Holdings In a CryptoQ...
May 10, 2025

US Senators Criticize Democrats For ‘Partisan Politics’ Amid Stablecoins Bill Failure

On a negative development for the US crypto industry, the highly anticipated stablecoins legislation has failed to advance in the US Senate after not receiving enough support from Senate Democrats. Several Republican senators have slammed the Democratic lawmakers for putting “partisan politics above...
May 10, 2025

Bitcoin On The Menu: American Fastfood Chain Goes Crypto Nationwide

American fastfood chain Steak ‘n Shake will begin implementing Bitcoin payments at all of its US restaurants starting May 16. The news was announced on May 9 via a tweet on X, where the company posted the announcement: “The movement is just beginning,” and signed it off as “S...
May 10, 2025

Court Convicts US Man in ISIS Crypto-Funding Case; Sentenced to Over 30 Years

A US citizen from Springfield, Virginia has been sentenced to over three decades in federal prison after being convicted of using cryptocurrency to financially support the Islamic State (ISIS), a group designated as a foreign terrorist organization by the US government. According to a press release ...
May 10, 2025

3 Meme Coins Ready to Beat $PEPE and $BONK in the Next Meme Rally

Meme coins are back. After months of silence, they’re making noise again. $PEPE just pumped 45% in a single day, lighting up crypto charts like it’s 2021 all over again. $BONK, Solana’s meme star, is also gaining serious traction, with some experts even saying it could leave $DOGE in the dust. But h...
May 10, 2025

Bitcoin FOMO Pours In: 344,620 New Addresses Pop Up As BTC Breaks $103,000

On-chain data shows address generation on the Bitcoin network has spiked as BTC has rallied above the $103,000 level. Bitcoin Network Growth Has Been On The Rise Recently In a new post on X, the on-chain analytics firm Santiment has talked about the latest trend in the Network Growth of Bitcoin. The...
May 10, 2025

Ethereum Breaks Multi-Year Downward Parabola vs Bitcoin – Bullish Reversal?

Ethereum is breaking out with force, shattering resistance at $1,850 and surging to a high of $2,490 in just a matter of hours, marking a staggering 37% gain. After months of sideways price action and bearish sentiment, ETH has reentered the spotlight with bullish momentum, fueling hopes across the ...
May 10, 2025

Meta Not Done With Crypto—Stablecoin Strategy Back On The Table

Meta is secretly pursuing a new direction into crypto, almost three years after it closed its struggling Diem project. The aim this time is not to build a new digital currency but to leverage current stablecoins to facilitate small payments between platforms such as Instagram. The company, according...
May 10, 2025

What’s Driving The Bitcoin Price Recovery Above $100,000 And Is It Sustainable?

Bitcoin is back trading above the psychological $100,000 price level like it never left. After months of declines, the leading cryptocurrency has reclaimed $100,000 for the first time since January, and the crypto Fear and Greed Index is now back into the greed threshold. Interestingly, this break a...
May 10, 2025

Solana Vs. Ethereum: Banking Group Sygnum Reveals Who Wins

Sygnum, the Swiss- and Singapore-regulated digital-asset banking group, has ignited fresh debate over the pecking order of smart-contract platforms with the publication of its 8 May “Digital Nugget” commentary, pointedly titled Is Solana overtaking Ethereum? Solana Vs. Ethereum In the report, Sygnum...
May 10, 2025

US Banks Get Crypto Boost As OCC Confirms Service Approval

American national banks are now legally allowed to buy and sell crypto on behalf of their customers. The ruling was made on Wednesday in the form of a revised interpretive letter from the Office of the Comptroller of the Currency (OCC), eliminating previous regulatory hurdles and allowing banks to g...
May 9, 2025

Crypto Analyst Says Dogecoin Price Breakout Is Programmed, Here’s Why

Dogecoin has spent the past few weeks oscillating in a tight range, with prices hesitating around the $0.17 level and facing consistent pressure near the $0.185 resistance zone. Despite several attempts to push higher, the meme coin has lacked sustained momentum until the past 24 hours after Bitcoin...
May 9, 2025

Bitcoin Capital Rotation Signals Healthy Inflows – Strong Market Structure Forms

Bitcoin has officially reclaimed six figures, now trading above the $100,000 mark after reaching a high of $104,300 just hours ago. This breakout comes after weeks of bullish momentum and signals a significant shift in market dynamics. With resistance levels falling one after another, bulls are firm...
May 9, 2025

Bitcoin Long-Term Holders Join The Action By Shifting Dormant BTC Amid Renewed Rally

The broader crypto market appears to be witnessing a Bitcoin-driven bullish action as the largest digital asset surges past the pivotal $103,000 price mark. Bitcoin’s renewed upward trend has stirred up optimism among key market participants, as indicated by the movements of old coins from lon...
May 9, 2025

When Is A Good Time To Enter Dogecoin? Analyst Says Wait For This To Happen

Dogecoin is again rallying to the upside, sparking bullish sentiments towards the leading meme coin. With bulls looking to take advantage of this rally, crypto analyst Kiu has provided insights into what market participants should look out for before jumping on the DOGE rally. What To Look Out For A...
May 9, 2025

Cardano Founder Finally Speaks Out On Secret ‘Diet Coke’ Meeting With Trump

Charles Hoskinson has broken months of silence over the mysterious Mar-a-Lago ‘diet coke’ dinner that never was, tracing what he called “a long arc of confusing and strange turns” that began last autumn and culminated in his unexpected removal from former President Donald Trump’s 1 March...
May 9, 2025

WhiteBit Kick-Offs World’s Largest Crypto Trading Event ICTC 2025

Crypto exchange WhiteBit, the largest trading venue in Europe by traffic, is sponsoring the first International Crypto Trading Cup 2025 (ICTC), with the participation of 8 traders from around the world. Related Reading: Ethereum Price Rises Sharply Above $2,300 After Retail Investors Unload Their Ho...
May 9, 2025

Ethereum Price Rises Sharply Above $2,300 After Retail Investors Unload Their Holdings

After several months of bearish price performance, Ethereum is finally shifting toward positive territory, recording significant gains due to a recent bullish market condition. Interestingly, this surge comes following heightened selling pressure as many investors were observed dumping their ETH hol...
May 9, 2025

Coinbase Stumbles: Q1 Revenue Drops 10%, Misses Wall Street Targets

Crypto exchange Coinbase posted its Q1 earnings report on May 8, with both revenue and profit dipping as crypto trading cooled off during the initial three months of the year. Related Reading: Bitcoin Rallies To $97K As China Reopens Trade Channels With US Overall revenue was $2 billion, down 10% fr...
May 9, 2025
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