Block Scores Big: $2.5 Billion In Bitcoin Sold In Q4, Sales Jump Nearly 40%

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Bitcoin, block, btc, Crypto, Jack Dorsey

Jack Dorsey’s Block, the payments company riding the wave of digital innovation, reported a stellar Q4 2023, fueled by a 37% year-over-year surge in Bitcoin sales and strong performances from both Cash App and Square. Bitcoin Bonanza: Sales Skyrocket, Holdings Strengthen Bitcoin continues to be a bright spot for Block, with total sales reaching a […]

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 […]

Bumpy Road Ahead For Bitcoin? CEO Reveals Predictions On BTC Possible Price Floor

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Bitcoin, btc, Crypto, Galaxy Digital, mike novogratz

Michael Novogratz, CEO of cryptocurrency investment firm Galaxy Digital, offered a nuanced outlook on Bitcoin’s future in a recent interview. While acknowledging short-term risks like a potential price drop to $42,000, his overall tone leaned towards long-term bullishness fueled by institutional adoption and a maturing market. Stumbling Blocks On The Road To $69K Novogratz was […]

Surprise! Reddit Joins The Crypto Club, Discloses Bitcoin And Ether Investments

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Bitcoin, btc, Crypto, Ether, IPO, News, Reddit

Get ready for the stock market to welcome a new player. Reddit, the self-proclaimed “front page of the internet,” has officially filed for an Initial Public Offering (IPO), setting its sights on the New York Stock Exchange with the ticker symbol “RDDT.” This move marks a significant evolution for the platform, known for its diverse […]

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 […]

Bitcoin As Fee? UK Prime Minister Denies Claims Of Bitcoin Or $1 Million Payment For Interview

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Bitcoin, Boris Johnson, Crypto, News, SEC, Tucker Carlson

In a recent turn of events, UK Prime Minister Boris Johnson finds himself embroiled in a media spat with former Fox News host Tucker Carlson. The dispute revolves around an alleged demand by Johnson for Bitcoin or a million-dollar fee for an interview, a claim vehemently denied by the Prime Minister’s team. Carlson, known for […]

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 […]

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 […]