FTX Creditors Rejoice: Bankrupt Crypto Exchange Is Adding $1 Billion To Its Balance Sheet | Bitcoinist.com

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Crypto, Crypto bankruptcy, crypto exchange, Crypto exchange news, Crypto News, exchange, FTX, FTX bankruptcy, FTX creditors, FTX crypto exchange, FTX exchange, FTX news

A United States Judge has granted the request of FTX, the bankrupt cryptocurrency exchange, to sell off its substantial stake in an Artificial Intelligence (AI) startup company, Anthropic, enabling the exchange to accumulate more funds to repay its customers. FTX To Sell $1 Billion Anthropic Stake On Thursday, February 22, US bankruptcy Judge John Dorsey […]

Bitcoin Miners Under Siege: House GOP Leader Exposes Biden Administration’s Alleged Overreach | Bitcoinist.com

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Bitcoin, Bitcoin Mining, bitcoin mining community, Bitcoin News, bitcoin price, btc, btc price, btcusd, BTCUSDT, Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, US crypto, US crypto miners, US crypto regulation

According to a recent report by Fox journalist Eleanor Terret, House Majority Whip Tom Emmer has accused the Biden administration of abusing its power to “unfairly” target Bitcoin (BTC) miners within the cryptocurrency industry.  Emmer’s concerns stem from the approval of an emergency request by the Office of Management and Budget (OMB) for 82 Bitcoin […]

Polygon At A Crossroad: Token Unlock Fest Or Price Fizzle?

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Altcoins, Crypto, Crypto News, Matic, meme coins, Polygon

Polygon, the Ethereum scaling platform, finds itself at a crossroads. On one hand, it recently completed its final token unlock, marking a milestone in its development. On the other hand, its native MATIC token grapples with a price dip and underperformance compared to peers. Let’s examine this multifaceted narrative. Polygon: Unlocking The Future On February […]

Crypto Sleuth Exposes ‘Real’ Reason For USDC-Tron Breakup

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BoringSleuth, Circle, Crypto, Crypto News, Justin Sun, tron, TruthLabs, USDC

Circle, the entity behind the prominent crypto stablecoin USDC, announced its decision to discontinue its association with the TRON blockchain yesterday. This cessation of USDC operations on TRON, effective immediately, will stop the minting of new USDC tokens on TRON, though transfers and redemptions will be facilitated until February 2025. The surprising announcement led to […]

Coinbase To SEC: 5 Arguments For A Spot Ethereum ETF

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coinbase, Crypto News, Ethereum, ethereum etf, ethereum news, SEC, Spot Ethereum ETF, US Securities and Exchange Commission

Coinbase, one of the leading cryptocurrency exchanges, has formally responded to the Securities and Exchange Commission (SEC) regarding the proposal for a spot Ethereum Exchange-Traded Fund (ETF). Paul Grewal, Coinbase’s Chief Legal Officer, announced through social media platform X that the company submitted a comprehensive 27-page response, complete with 96 citations, to advocate for the […]

Legal Clash: Texas Crypto Firm Files Lawsuit Against US SEC Over Digital Asset Regulation

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btc, BTCUSDT, Crypto, Crypto Firm, Crypto News, Crypto Texas, Digital Assets, Legit.Exchange, Lejilex, SEC

A Texas-based crypto company, Lejilex, along with the Crypto Freedom Alliance of Texas (CFAT), has filed a lawsuit against the US Securities and Exchange Commission (SEC), alleging ‘regulatory overreach’ and seeking ‘clarity on the classification of digital assets.’ The lawsuit, filed in a federal court in Fort Worth, contends that the SEC’s “jurisdiction over the […]

Pro-XRP Lawyer Makes Bold Move With Senate Candidacy Intentions | Bitcoinist.com

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Crypto News, Elizabeth Warren, John E Deaton, New England School Of Law, Pro-XRP lawyer, US Marines Corps, US Senator, Washington Insiders, XRP, XRPUSD, XRPUSDT

John E Deaton, a well-known crypto lawyer representing over 75,000 XRP holders, has revealed his intentions to run for the senate seat in the upcoming elections this year. Pro-XRP Lawyer To Run For Senate Seat The pro-XRP lawyer announced his desire to participate in the impending senate elections on the social media platform X (formerly […]

Arthur Hayes Labels Cardano “Dog Shit”, Hoskinson Reacts

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ADA, ADA news, ADA Price, adausd, Arthur Hayes, Cardano, Cardano news, Cardano Price, Charles Hoskinson, Crypto News

Arthur Hayes, the co-founder and former CEO of BitMEX has made a controversial comment about the Cardano blockchain. Hayes shared an image via social media highlighting the fee generation of various decentralized applications (dApps) and protocols across the crypto ecosystem, questioning the presence and performance of ADA-based applications within this landscape. Hayes Blasts Cardano As […]

Creditors Rejoice As Worldcoin (WLD) Skyrockets 188%, Providing Vital Relief To 3AC And FTX | Bitcoinist.com

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AI crypto, AI cryptocurrencies, AI cryptos, Alameda news, Alameda Research, Artificial Intelligence, Crypto, Crypto News, Cryptocurrency, DeFi, digital currency, Sam Altman, Three Arrows, Three Arrows Capital, Three Arrows Capital (3AC), WLD, WLD news, WLD price, WLD token, WLDUSD, WLDUSDT, Worldcoin, Worldcoin CEO, Worldcoin news, Worldcoin price

In a challenging year for creditors of bankrupt investment firms Three Arrows Capital (3AC) and FTX’s trading arm Alameda Research, a recent surge in Worldcoin (WLD) has provided some solace.  The coin, which is associated with the crypto project co-founded by OpenAI CEO Sam Altman, has seen a significant 188% surge over the past fourteen […]

Really Now? Bitcoin Will Hit $100,000 This June 2024, Finance Guru Predicts

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Bitcoin, btc, Crypto, Crypto News, Finance Guru, price prediction

Financial guru Robert Kiyosaki has ignited the crypto community with his latest price prediction, claiming Bitcoin will hit $100,000 by June 2024. However, experts urge caution, reminding investors of the inherent volatility and uncertainty surrounding such forecasts. Bold Prediction, Familiar Voice Kiyosaki, author of the bestselling “Rich Dad Poor Dad” book, is no stranger to […]

Ethereum LSTs, LRTs, And Stablecoins: Decoding The Effects Of ‘Magic Money’ On Bitcoin And Crypto | Bitcoinist.com

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Bitcoin, Bitcoin News, Crypto, Crypto News, ETH, ETH news, ETH Price, Ethereum, ethereum news, ethereum price, ethusd, ETHUSDT, LRT, LST, Stablecoin, Stablecoin news, Stablecoins

A crypto analyst has provided insights into how the structure of the Ethereum ecosystem could bring Bitcoin and the broader crypto market down. His analysis focused on Ethereum’s liquid-staked tokens (LSTs), liquid-restaked tokens (LRTs) and stablecoins backed by these tokens and how they could lead to the next “bubble” burst.  Magic Money That Could Lead […]

Someone Just Bought $160 Million In Ether – Was It Justin Sun?

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Altcoins, Crypto, Crypto News, ETH, Ether, Ethereum

The cryptocurrency community is abuzz after a wallet with suspected ties to Tron founder Justin Sun gobbled up a staggering $161 million worth of Ether on February 19th. This whale-sized purchase has sent shockwaves through the market, igniting speculation and potentially signaling a positive outlook for the world’s second-largest cryptocurrency. At the time of writing, […]