Bitcoin HODLers With Zero History Of Selling Just Bought All-Time High Amount
Bitcoinist - Bitcoin News and Reviews
by Keshav Verma
1h ago
On-chain data shows the Bitcoin “accumulation addresses” have observed all-time high inflows following the latest asset price slump. Bitcoin Accumulation Addresses Have Aggressively Bought The Dip As an analyst in a CryptoQuant Quicktake post pointed out, the total Bitcoin inflows going towards the accumulation addresses have set a new all-time high recently. The “accumulation addresses” here refer to wallets that have only a history of receiving transactions and never of sending. This means that these addresses have only purchased coins and have never participated in any selling. Besides this ..read more
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Is Elon Musk Buying Dogecoin? $45 Million Whale Buy Sparks Speculation In DOGE Community
Bitcoinist - Bitcoin News and Reviews
by Scott Matherson
2h ago
Dogecoin is grabbing headlines and speculation from its wide community of investors after a recent whale accumulation from a crypto exchange. On-chain data shows an accumulation trend from this whale, with the latest being the acquisition of 300 million DOGE tokens worth $45 million at the current market price. These speculations have led to theories on who the whale buyer might be amidst a continued price decline for Dogecoin, with the most prominent hypothesis being billionaire Elon Musk. Whale Accumulating Dogecoin Dogecoin is currently on an extended price decline, with its price now down ..read more
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Crypto Giant Binance Pays Hefty $2M Fine To Reignite India Foothold – Details
Bitcoinist - Bitcoin News and Reviews
by Samuel Edyme
4h ago
Binance, the world’s leading cryptocurrency exchange, reportedly seeks to re-establish its presence in the Indian market after being banned by the country’s local government earlier this year. Binance’s Cost To Return To India According to a recent report from India’s Economic Times, the exchange intends to return as a registered entity, aiming to comply with the country’s anti-money laundering laws and tax regulations. This strategic move entails paying a hefty $2 million penalty as part of its efforts to “reform” its South Asian entity. Notably, this development follows the Indian gover ..read more
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Crypto Analyst Predicts 33,000% Move For XRP Price – Here’s The Target
Bitcoinist - Bitcoin News and Reviews
by Scott Matherson
5h ago
Crypto analyst Javon Marks has laid out an ultra-bullish narrative for the XRP price, predicting that the crypto token’s price could increase exponentially to triple figures. The analyst also alluded to XRP’s historical price pattern to show that this price move was possible.  XRP Price Could Rise Above $200 Javon Marks mentioned in an X (formerly Twitter) post that the XRP price “may be more than poised” to rise above $200 based on his Full Logarithmic follow-through analysis. He further noted that XRP saw a price increase of over 108,000% in the 2017 bull run and has since set up and br ..read more
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Regulatory Victory: Binance Awarded Full Virtual Asset Service Provider License In Dubai
Bitcoinist - Bitcoin News and Reviews
by Ronaldo Marquez
8h ago
Dubai, known for its forward-thinking approach and embracing the potential of blockchain technology, has granted Binance’s Dubai entity, Binance FZE, a full Virtual Asset Service Provider (VASP) license.  Opening Doors For Retail And Institutional Investors According to a local media report, the VASP license obtained by Binance FZE allows the company to expand its offerings in Dubai, catering to retail and institutional investors.  With this license, Binance FZE can now provide a comprehensive range of virtual asset products to individual customers, including spot trading, margin tra ..read more
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Maximizing Opportunity Amidst A Changing Global Economic Climate: Margex Analyst
Bitcoinist - Bitcoin News and Reviews
by Bitcoinist
8h ago
Recession, war, rising inflation—history has shown that these conditions consistently reappear, and when they do, they signal a systematic change in the global economy. With dramatic change comes risk, fear, and volatility. According to Ray Dalio, every 100 years or so, situations where the hegemony of a global superpower comes to an end always create new beginnings, and therefore, opportunities abound. After the Wall Street Crash of 1929, the Great Depression, and two World Wars, what came of the disaster was the birth of a booming stock market and the Information Age that ultimately resulted ..read more
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Shiba Inu Team Member Says SHIB Price Is Still On Track For A Supercycle
Bitcoinist - Bitcoin News and Reviews
by Scott Matherson
9h ago
Despite experiencing steep price declines in the past few weeks, popular Shiba Inu marketing team member, Lucie, has remained optimistic about SHIB’s price fundamentals, stating that the cryptocurrency is still on track for a supercycle. SHIB Set For A Major Bullish Cycle On Wednesday, April 17, Lucie took to X (formerly Twitter) to shed light on Shiba Inu’s price outlook using historical data of Bitcoin’s market movements. Sharing a Bitcoin analysis chart of the market’s progress from 2015 up to 2024, Lucie highlighted key periods which displayed a bottom phase, a re-accumulation phase and a ..read more
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Tether Splits Into Four Divisions, Eyes Expansion Beyond Stablecoins
Bitcoinist - Bitcoin News and Reviews
by Jake Simmons
10h ago
Tether, the company behind the USDT stablecoin, has announced a significant reorganization and expansion strategy aimed at transcending its flagship product. This move introduces four distinct business divisions—Data, Finance, Power, and Edu—with a focus on broadening its influence and applications in various sectors of technology and finance. Paolo Ardoino, CEO, emphasized the strategic pivot: “Thriving together is in our DNA. We disrupted the traditional financial landscape with the world’s first and most trusted stablecoin. Now, we’re daring to kickstart inclusive infrastructure solutions ..read more
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Crypto Analyst Unveils 12-15 Months Prediction For Dogecoin And XRP
Bitcoinist - Bitcoin News and Reviews
by Scott Matherson
10h ago
Dogecoin and XRP have seen varying performances over the last few weeks, going from bullish to bearish. As the market progresses into the highly anticipated Bitcoin halving event, crypto analysts have begun to give their predictions for where the market is headed for the next year in the expected bull market. This time around, it is crypto analyst Ash Crypto, who revealed his predictions for where the price of Dogecoin and XRP, among others, are headed. Dogecoin And XRP 12-15 Months Prediction In a post on X (formerly Twitter), Ash Crypto made his one year predictions for the prices of Dogecoi ..read more
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Bitcoin ETFs In Trouble? Peter Schiff Warns Of Impending Bailouts From Buyers
Bitcoinist - Bitcoin News and Reviews
by Godspower Owie
11h ago
Popular economist and vocal opponent of Bitcoin Peter Schiff has issued a warning to the cryptocurrency community, predicting that BTC Spot Exchange-Traded Funds (ETFs) buyers will soon start bailing out as they become overwhelmed by the volatility in the market. Bitcoin ETF Buyers Will Soon Bail Out Being known for holding unconventional opinions, investors are drawn to Peter Schiff‘s cautious approach, which raises the possibility of market instability. According to Schiff, the price of Bitcoin is currently trading below 26 ounces of Gold, which is a 30% drop from its record high witnessed a ..read more
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