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Bitcoinist

14258 Articles

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

Kuwait Clamps Down On Bitcoin Mining As Power Grid Reaches Breaking Point

The government of Kuwait has initiated a crackdown on cryptocurrency miners throughout the nation, accusing them of aggravating power shortages with summer just around the corner, according to a Reuters report. The interior ministry last week declared a “wide-ranging” security campaign t...
May 3, 2025

Dogecoin Foundation Kicks Off Design Competition Ahead Of Indy500

The Dogecoin Foundation, in collaboration with the House of Doge, is tapping into the creative spirit of its vibrant community with an exciting new design competition. As Dogecoin (DOGE) gears up for a significant appearance in the legendary Indianapolis 500 (Indy 500) race, the community is called ...
May 3, 2025

Bitcoin Escapes Tight Range After Week Of Compression – Next Stop $100K?

Bitcoin is now trading above the $96,000 mark after multiple days of struggling to break through that resistance zone. The breakout signals renewed strength from bulls, who have regained control following weeks of tight consolidation. However, while this move confirms bullish momentum in the short t...
May 3, 2025

Ethereum’s Exchange Supply Drops To New Lows As ETH’s Price Closes Another Bearish Month

With the broader crypto market’s renewed bullish condition, Ethereum is beginning to demonstrate robust upward movements as it hovers near the pivotal $1,900 level. Following the recent bullish performance, investors and traders are choosing to hold onto their coins, as indicated by a sharp drop in ...
May 3, 2025

Is There A “Secret XRP Ledger” And Is The Price Really At $1,000?

A prominent member of the XRP community, XRP Investing, has commented on the speculations that there is a secret XRP Ledger (XRPL). The community member also addressed theories that the XRP price is trading at $1,000 on this private ledger. Insights Into The Secret Ledger In an X post, XRP Investing...
May 2, 2025

Bitcoin Market Enters New Phase: MVRV Turns Positive As Panic Selling Fades

After surging into the $97,000 level this week, Bitcoin appears to be entering a fresh bullish phase. Following weeks of heightened volatility and persistent selling pressure, the market is beginning to shift its tone. Bulls are gaining momentum, and the broader crypto space is showing signs of rene...
May 2, 2025

Trump-Linked Stablecoin USD1 Fuels $2 Billion Binance–Abu Dhabi Power Move

The stablecoin USD1, issued by World Liberty Financial, has been chosen to handle a major $2 billion investment from MGX into Binance, according to reports. This move marks a new chapter for the crypto exchange and adds fresh attention to the stablecoin space. Related Reading: The Bitcoin That Got A...
May 2, 2025

Ethereum Prints 5 Red Monthly Candles: What Happened The Last Time?

Over the last few months, the Ethereum price has performed incredibly poorly, dashing the hopes of investors who believed in its potential. While the Bitcoin price has made multiple new highs with expectations that the ETH price could follow, the opposite has been the case. In the last five months, ...
May 2, 2025

Morgan Stanley Introduces Crypto Trading On E*Trade Amid Trump’s Deregulation

Morgan Stanley, one of the world’s largest investment banks, is reportedly set to introduce cryptocurrency trading on its consumer platform, E*Trade. According to a Bloomberg report citing sources familiar with the matter, the banking giant plans to allow customers to buy and sell cryptocurrencies s...
May 2, 2025

Cardano Unleashes Leios: 11,000 TPS And Infinite Scalability

Cardano founder Charles Hoskinson used his 1 May 2025 livestream to unveil the first quantitative performance figures for Ouroboros Leios, the protocol upgrade that—if it performs in production as the prototype already does in simulation—promises what he called “an infinitely scalable protocol, a on...
May 2, 2025

Capitol Crypto: Congressman Proposes Bitcoin ATMs In Government Facilities

A Texas Republican congressman has proposed installing cryptocurrency ATMs in United States federal buildings. Rep. Lance Gooden wrote a May 1 letter to Stephen Ehikian, who is presently acting administrator for the General Services Administration (GSA), news reports said. Related Reading: The Bitco...
May 2, 2025

Ripple Is ‘Fake It Till You Make It On Steroids,’ Claims Moonrock Capital CEO

The disclosure of Ripple Labs Inc.’s overture to purchase Circle Internet Financial for a reported $4 billion to $5 billion has ignited a rare public broadside from within the digital-asset industry itself, while simultaneously spotlighting diverging philosophies about how crypto networks should be ...
May 2, 2025

SEC to Approve SOL, XRP, and DOGE ETFs, as $1M Bitcoin Prediction Rallies New Crypto Projects

The SEC is likely to approve SOL, XRP, and DOGE ETFs in the coming months. This, as another $1M Bitcoin prediction could cause new crypto projects to explode. Bloomberg analysts Erich Balchunas and James Seyffart predicted with 75% certainty that the SEC will approve multiple spot altcoin ETFs by th...
May 2, 2025

Crypto Users Find New Ways to Shop Without Exchanges

With the wider adoption of digital assets as an online payment option, crypto users now have more choices when it comes to shopping without having to deal with exchanges. And that includes mystery box platforms, which offer an exciting way to get your hands on the best loot. Mystery box platforms – ...
May 2, 2025

Virtuaalsete üllatuskastide platvorm Jemlit on käivitanud uue päevase kampaania, mille raames jagatakse igapäevaselt kuni 500 dollari väärtuses auhindu aktiivseimatele kasutajatele. Tegemist on uue formaadiga, mis ühendab mängulise põnevuse ja reaalsed võidud, pakkudes kasutajatele võimaluse avastad...
May 2, 2025

Best Crypto to Buy as Strategy’s Q1 Financial Results Validate the Bitcoin Bet

Michael Saylor is rapidly becoming the patron saint of Bitcoin maximalist, proving all the naysayers wrong. He was an early promoter of the Bitcoin reserve approach, which argues that the best crypto to buy is always the first one; and that companies should raise funds to purchase as much $BTC as po...
May 2, 2025

Trump’s World Liberty Financial Stablecoin Chosen For $2 Billion Binance Deal

A stablecoin launched by Donald Trump’s World Liberty Financial (WLFI) venture is being utilized by an Abu Dhabi investment firm for a substantial $2 billion investment in the crypto exchange Binance. This announcement was made by one of the co-founders of World Liberty during a crypto confere...
May 2, 2025

Dogecoin Whales Turn On Buying Mode, Scoop Up 100 Million DOGE

On-chain data shows the Dogecoin whales have gone on a huge accumulation spree during the past week, a sign that can be bullish for DOGE. Dogecoin Whales Have Expanded Their Holdings In Past Week In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Dogecoin supply hel...
May 2, 2025

World Liberty Financial’s $USD1 Fuels $2B Binance Investment & Coins Like Best Wallet Token

$USD1, the stablecoin behind Donald Trump’s Web3 venture – World Liberty Financial – is on fire right now. Abu Dhabi-based AI firm MGX is using $USD1 to wrap up a hefty $2B investment into Binance, the world’s largest exchange. And the excitement doesn’t end there. It’s also gearing up to be integra...
May 2, 2025

Fewer Bitcoin Sellers? Exchange Depositing Addresses Plunge To 8-Year Low In Bullish Sign

As Bitcoin (BTC) continues its climb toward the psychologically important $100,000 level, an increasing number of holders appear to be holding tightly to their coins rather than depositing them on exchanges. However, the top digital asset must still decisively overcome some key resistance levels bef...
May 2, 2025
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