Bitcoin News / Bitcoinist - 3 weeks ago
The US Bitcoin spot ETF market has carried its bearish momentum into June, recording substantial capital withdrawals during the first trading week of the month. The latest outflows come after a difficult May, as investor sentiment around Bitcoin cont...
Bitcoin News / Bitcoinist - 3 weeks ago
Seasoned analyst Darkfost reports that altcoins remain in a precarious market position, especially following recent global financial losses. For context, over $1 trillion was wiped out of US financial markets on Friday due to weak sentiment around AI...
Bitcoin News / Bitcoinist - 3 weeks ago
The cryptocurrency market was shaken by a dramatic collapse in Zcash price, with the privacy-focused digital asset losing more than half of its value in just 24 hours. This sudden decline erased billions of dollars from its market capitalization, mak...
Bitcoin News / Bitcoinist - 3 weeks ago
The US Spot Bitcoin ETFs are experiencing a sustained bearish performance, especially as the premier cryptocurrency succumbs to another wave of correction. Recent data suggest that these ETFs recorded 13 consecutive trading days of net outflows betwe...
Bitcoin News / Bitcoinist - 3 weeks ago
A drone projectile allegedly carried the name of one of the three men now accused in a federal ISIS support case, a detail that gave investigators a rare look at how the alleged plot was being imagined. Federal authorities say the men also moved more...
Bitcoin News / Bitcoinist - 3 weeks ago
The Solana price unsurprisingly crumbled under the weight of the bears, as the general cryptocurrency market saw a wave of downward pressure over the past week. The altcoin crashed towards the $60 mark on Friday, June 5th, its lowest price level sinc...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin has fallen to new lows in this bear cycle, dropping below the psychological $60,000 level. This comes amid the U.S.-Iran war, which has remained muted for a while. At the same time, U.S. Treasury Scott Bessent provided an update on the Strate...
Bitcoin News / Bitcoinist - 3 weeks ago
Kraken has opened a path for eligible customers in more than 110 markets to register interest in SpaceX before the company starts public trading, and anyone who receives an allocation will get SPCXx, a tokenized claim backed 1:1 by the underlying sha...
Bitcoin News / Bitcoinist - 3 weeks ago
The Bitcoin price briefly fell below the $60,000 level for the first time since 2024, succumbing to intense bearish pressure that ravaged global financial markets on Friday, June 5th. While the imminent initial public offering of SpaceX in the United...
Bitcoin News / Bitcoinist - 3 weeks ago
In the previous bull market, meme coins like Dogecoin and Shiba Inu dominated, with gains that were previously unheard of in the space. Their popularity gave rise to meme coins of other calibre, with many seeing varying degrees of success in the mark...
Bitcoin News / Bitcoinist - 3 weeks ago
South Korean financial authorities have reportedly amended their proposed changes to the Specific Financial Information Act (SFIA), easing the reporting rules that targeted large crypto transactions. FIU Drops Reporting Requirements For Crypto Trans...
Bitcoin News / Bitcoinist - 3 weeks ago
The US House Ways and Means Committee has released a set of seven crypto tax discussion drafts aimed at giving more structure to how digital-asset investors are taxed in the country. The effort is intended to clarify rules around timing and treatmen...
Bitcoin News / Bitcoinist - 3 weeks ago
The largest Solana treasury company has deposited a notable amount of SOL to Coinbase Prime, a potential sign that the firm is looking to sell. Forward Industries Has Made A Large Solana Deposit To Coinbase As highlighted by on-chain sleuth Lookoncha...
Bitcoin News / Bitcoinist - 3 weeks ago
Ethereum is facing a breakdown below $1,700 as selling pressure and market uncertainty combine to test support levels that have not been visited since the depths of the previous correction. The price action is alarming — but CryptoOnchain data has ap...
Bitcoin News / Bitcoinist - 3 weeks ago
The next altcoin season may not begin with Bitcoin dominance, ETF flows, or the usual rotation signals from Bitcoin and Ethereum. An interesting outlook is pointing somewhere less obvious: gold. The argument is that the precious metal’s next major m...
Bitcoin News / Bitcoinist - 3 weeks ago
Better Mortgage already has a waitlist open for a new home loan product that accepts Bitcoin and USDC as collateral, with plans to launch nationwide this summer and a projected loan volume of $250 million based on signups so far. How The Product Wor...
Bitcoin News / Bitcoinist - 3 weeks ago
Ethereum is struggling below $1,700 as aggressive selling pressure defines the market structure and the recovery that once appeared to be building has now given back a significant portion of its gains. The price is at levels that are testing the reso...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin’s recent pullback has significantly flipped the sentiment across the market, with many predicting a more sustained downward performance toward the $60,000 price mark. Following this sharp decline, more investors are now underwater as BTC’s ho...
Bitcoin News / Bitcoinist - 3 weeks ago
The XRP price has continued its downward sweep, currently trading slightly around $1.1 after declining over 14% this week. As upward momentum and trading activity weaken, on-chain reports reveal that the market is now being dominated by bearish press...
Bitcoin News / Bitcoinist - 3 weeks ago
Hyperliquid is facing a growing set of regulatory constraints in the US and UK, even as the decentralized perpetuals venue continues to attract major market attention. Derek Edwards, managing partner at Collab+Currency and co-founder of Glitch Marfa,...
Bitcoin News / Bitcoinist - 3 weeks ago
Heavily haken by ongoing volatility, Solana and its broader market are facing heightened downside pressure, pushing its price to the $68 mark. Despite how bearish SOL has turned out over the past few months, robust optimism continued to be expressed...
Bitcoin News / Bitcoinist - 3 weeks ago
Bitcoin (BTC) accelerated its decline on Friday, falling to roughly $59,685—the lowest level seen since October 2024, when US voters were preparing for the November presidential elections of that year. The sell-off has now spilled beyond BTC itself,...
Bitcoin News / Bitcoinist - 3 weeks ago
Cardano analytics platform TapTools has announced that it is shutting down, providing a major blow to the ADA ecosystem. This comes amid allegations that the network is a ‘Zombie Chain’ with low user activity. Cardano’s TapTools Announces It Is Wind...
Bitcoin News / Bitcoinist - 3 weeks ago
A federal securities regulator is drawing a line between writing blockchain code and being responsible for how that code gets used — and the distinction could reshape how the government treats software developers in the decentralized finance space....
Bitcoin News / Bitcoinist - 3 weeks ago
A crypto market expert has shared a grim Bitcoin (BTC) forecast, warning that a major price crash could be on the horizon for the leading cryptocurrency. The analyst noted that Bitcoin’s recent break below a critical support level may have open...
