Author Alexander Stefanov

Bitcoin Shows Positive Trend as Investor Profitability Remains Strong

Bitcoin’s current market behavior suggests a continuation of its upward trend with investor profitability staying robust, according to a recent Glassnode report.

01.08.2024 16:10 2 min. read Alexander Stefanov

How to Claim Compensation for Losses from Terra Luna Collapse

Many people who invested in Do Kwon’s high-interest crypto scheme are now seeking compensation after suffering substantial losses.

01.08.2024 16:00 1 min. read Alexander Stefanov

Bank of England Cuts Interest Rates for First Time Since Pandemic

The Bank of England has lowered interest rates for the first time since the onset of the pandemic, reducing the base rate to 5%.

01.08.2024 15:44 1 min. read Alexander Stefanov

Solana Flips Ethereum in DEX Volume for the First Time in History

Solana is positioning itself as a worthy competitor of Ethereum after a recent major milestone for the blockchain.

01.08.2024 15:34 1 min. read Alexander Stefanov

Analyst Predicts Major Bitcoin Rally Despite Possible Short-Term Drop

Popular crypto analyst, known as Kaleo, predicted that Bitcoin might soon enter a new phase of price discovery, where it trades at record levels never seen before.

01.08.2024 15:15 1 min. read Alexander Stefanov

Riot Platforms Reports Significant Q2 Loss Amid Halving Impact

Riot Platforms, a Bitcoin mining company, reported a significant loss in Q2, impacted heavily by the April halving event.

01.08.2024 15:00 2 min. read Alexander Stefanov

Ark Invest Continues to Sell Coinbase Shares from ARKW ETF

Ark Invest sold 12,077 shares of Coinbase—valued at $2.7 million—from its Next Generation Internet ETF (ARKW) on Wednesday.

01.08.2024 14:30 1 min. read Alexander Stefanov

XRP Ledger to Launch Tokenized US Treasury Bills

The XRP Ledger, in partnership with Ripple and OpenEden, is set to offer tokenized US Treasury bills (T-bills), marking a significant step in merging traditional finance with blockchain technology.

01.08.2024 14:00 1 min. read Alexander Stefanov

Investors Withdraw $2 Billion from Grayscale’s Ethereum ETF

Investors have pulled nearly $2 billion from Grayscale’s Ethereum ETF (ETHE) since it transitioned from a trust, with the fund’s value now at $6.7 billion due to declining Ethereum prices.

01.08.2024 13:30 1 min. read Alexander Stefanov

Bank of Ghana Tests CBDC-Powered Cross-Border Payments

The Bank of Ghana has wrapped up a pilot project demonstrating the use of digital credentials for international trade and CBDC-based cross-border transactions.

01.08.2024 12:30 1 min. read Alexander Stefanov