Tag: Bitcoinist

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Norway Draws The Line: Crypto Mining Faces Ban Over Energy Usage

The Norwegian government has enacted a new law aimed at reining in the burgeoning industry of crypto mining The law, disclosed in a report by local news outlet VG on Monday, signals Norway’s

Bitcoin Core Version 27.0 Rolls Out: What’s New And Improved?

Bitcoin Core has officially launched version 270, incorporating an array of enhancements and updates designed to bolster the functionality and security of the Bitcoin network The update, which can be

Crypto Mining $3.5 Million Scheme: Man Indicted For Alleged “Cryptojacking” Operation

A Nebraska man has been indicted with several criminal charges by the New York authorities for allegedly conducting a $35 million crypto scheme The press release revealed that the accused could face

30 Fund Managers Have Declared Ownership Of BlackRock’s Bitcoin ETF, “Tip Of The Iceberg,” Says Expert

Asset manager Blackrock has emerged as the frontrunner in the Bitcoin ETF race in terms of inflows with its IBIT ETF, which is increasingly attracting institutions’ attention as a key

South Korean Won Takes The Lead In Crypto Trading Surge, Outpacing US Dollar In Q1

In the first quarter of 2024, the South Korea Won emerged as the leading currency for cryptocurrency trades globally According to data from research firm Kaiko, the cumulative trade volume

Nakamoto Upgrade Release Date Set: Bitcoin L2 Stacks Prepares For Major Update

In a significant move to transform its infrastructure, the Bitcoin (BTC) Layer 2 (L2) network Stacks is preparing to launch the Nakamoto upgrade, which is scheduled for release as early as April 16 

Dogecoin Holder Profitability Remains High Amid Crash – Here Are The Numbers

Dogecoin has extended its seven-day losses into the past 24 hours but some holders continue to remain strong On-chain data has revealed that even though Dogecoin’s value has plummeted by 21% in the

Bitcoin MVRV Hints Now Is A Good Time To Buy: Analyst

An analyst has explained how a pattern forming in the Bitcoin Market Value to Realized Value (MVRV) could suggest now may be the time to buy Bitcoin MVRV Momentum Could Reveal Buying Opportunity For

Elon Musk Wants Everyone To Pay To Use X, But Can You Pay In Dogecoin?

Dogecoin is once again in the spotlight with speculation that DOGE payments are coming to X (formerly Twitter) as the platform looks to charge users a fee to post and interact on the platform This

Binance’s $4.3 Billion Settlement Faces DOJ Scrutiny Over FTX Ties In Monitorship Decision

In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor  The decision

Demand For Spot Bitcoin ETFs Stagnate For 4 Straight Weeks: More Pain For BTC HODLers?

Despite the active on-chain accumulation, demand for Bitcoin exchange-traded funds (ETFs) in the United States appears to have stagnated over the past four weeks, according to Ki Young Ju, the

Ripple Sends Major Update To All XRP Users

Cross-border payment company, Ripple has sent out an urgent message to XRP members and the broader cryptocurrency community In its message, the payments firm warns about the risks associated with