Author Alexander Stefanov

Trump Starting to Lose His Lead For the US Election, According to Polymarket

Polymarket’s latest data shows a change in forecasts for the outcome of the US presidential election in 2024.

02.11.2024 18:00 1 min. read Alexander Stefanov

Arthur Hayes Shares Which Cryptocurrencies He’s Watching Amid the Presidential Election

Arthur Hayes, founder of BitMEX, has identified one of the cryptocurrencies as his preferred one to trade as the US presidential election approaches.

02.11.2024 17:34 1 min. read Alexander Stefanov

Polygon’s Market Dominance Tested: Could This Sub-$0.04 Contender Rise to $20 by 2026?

A low-priced cryptocurrency is making waves in the market, catching the attention of investors and analysts alike.

02.11.2024 16:45 3 min. read Alexander Stefanov

UBS Unveils Tokenized Money Market Fund on Ethereum Blockchain

UBS has unveiled a groundbreaking tokenized money market fund, known as the UBS USD Money Market Investment Fund Token (uMINT), designed to bring digital finance into the institutional arena.

02.11.2024 14:00 1 min. read Alexander Stefanov

Bank of Japan Holds Interest Rates Amid Election Uncertainty

The Bank of Japan (BOJ) has chosen to hold its benchmark policy rate steady at 0.25% amid political uncertainties following Japan’s recent election.

02.11.2024 13:00 1 min. read Alexander Stefanov

Investor Who Made Millions on POPCAT Shares Why Catzilla (CATZ) Is His New Pick

After finding remarkable success with POPCAT, a prominent investor is now turning attention to Catzilla (CATZ). This unexpected move is sparking conversations throughout the crypto community.

02.11.2024 10:25 4 min. read Alexander Stefanov

Tether Shifts Focus Away from U.S. Markets

Tether (USDT) is increasingly focusing on markets in Europe, the Middle East, and Africa due to regulatory pressures in the United States, with its supply surpassing $120 billion.

01.11.2024 22:00 1 min. read Alexander Stefanov

Bitfarms Boosts Mining Operations with New Hosting Deal to Enhance Bitcoin Production

Bitfarms, a major cryptocurrency mining company, has signed its second hosting agreement with Stronghold Digital Mining to enhance its operations at a Pennsylvania facility.

01.11.2024 18:30 1 min. read Alexander Stefanov

BNB Foundation Removes Over $1 Billion in Lates Quarterly Token Burn

The BNB Foundation has recently completed its 29th quarterly token burn, effectively removing about 1.77 million BNB from circulation, which was valued at roughly $1.07 billion at the time of the burn.

01.11.2024 16:30 2 min. read Alexander Stefanov

Here is Why Bitcoin’s Price Dropped Today, According to an Analyst

Bitcoin, the leading cryptocurrency, dipped below $69,000 in Asia today, marking a 4% decline from its recent one-month peak.

01.11.2024 16:00 2 min. read Alexander Stefanov

Binance Teams Up with AWS for Faster KYC Verification

Binance announced a partnership with Amazon Web Services (AWS) to enhance its Know Your Customer (KYC) verification process through generative artificial intelligence.

01.11.2024 15:00 1 min. read Alexander Stefanov

Crypto Regulation Set for Major Shift, Says Ripple Co-Founder Chris Larsen

In a recent interview with CNBC, Ripple co-founder Chris Larsen expressed optimism about a significant shift in the regulatory landscape for cryptocurrencies.

01.11.2024 14:00 1 min. read Alexander Stefanov

Crypto.com Expands Financial Services by Acquiring SEC-Registered Broker

Cryptocurrency exchange Crypto.com has acquired Watchdog Capital, a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC).

01.11.2024 13:00 1 min. read Alexander Stefanov

Bitcoin Falls After Near-Record Surge, Triggering $287.7M in Liquidations

Bitcoin’s price recently made a significant surge to around $73,000, almost hitting the previous all-time high (ATH), registered back in March.

01.11.2024 12:22 2 min. read Alexander Stefanov

Bybit Fined for Operating Without Dutch Registration

Bybit, a prominent cryptocurrency exchange, has been penalized with a €2.25 million fine by De Nederlandsche Bank (DNB) for operating without the necessary legal registration in the Netherlands.

01.11.2024 12:00 1 min. read Alexander Stefanov

Blockchain Association Reveals $400 Million Spent by Firms on SEC Enforcement Actions

The Blockchain Association disclosed that its member firms have collectively spent $400 million in costs related to enforcement actions by the U.S. Securities and Exchange Commission (SEC) under Chair Gary Gensler.

01.11.2024 10:30 1 min. read Alexander Stefanov

Former Binance CEO Shares Insights and Future Focus After Prison Release

Changpeng Zhao, the former CEO of Binance, made his first public appearance at Binance Blockchain Week in Dubai following his recent release.

01.11.2024 10:00 2 min. read Alexander Stefanov

Crypto Mining Giant Riot Platforms Reports Significant Revenue Growth

Riot Platforms, a leading Bitcoin mining company, reported a 65% year-over-year revenue surge, totaling $84.8 million for the quarter.

31.10.2024 22:00 2 min. read Alexander Stefanov

Concerns Rise Over Fake Volume on Polymarket as Token Launch Looms

Polymarket, a popular prediction market, is facing allegations of widespread wash trading, a form of market manipulation where the same individual acts as both buyer and seller in trades.

31.10.2024 21:30 2 min. read Alexander Stefanov

Coinbase’s $25 Million Political Donation Sparks Controversy

Coinbase’s recent $25 million donation to Fairshake PAC has sparked controversy, as crypto researcher Molly White argues it contravenes pay-to-play laws applicable to federal contractors.

31.10.2024 21:00 1 min. read Alexander Stefanov

TRON Partners with Chainlink to Strengthen DeFi Ecosystem

Justin Sun, the founder of TRON, has revealed that the company is now a participant in the Chainlink SCALE initiative.

31.10.2024 20:00 2 min. read Alexander Stefanov

Coinbase Announces the Addition of New Altcoin to Its Futures Trading Platform

The number one publicly-listed cryptocurrency exchange Coinbase seems to be on a roll, as it continues listing new altcoins to its spot and futures trading platforms.

31.10.2024 19:09 1 min. read Alexander Stefanov

Nexo Announces Major Rebranding – Here is What You Should Know

In a significant move within the digital asset landscape, Nexo has announced its rebranding as a premier wealth management platform for digital assets.

31.10.2024 18:20 5 min. read Alexander Stefanov

U.S. Personal Income and Spending Rise in September Amid Steady Economic Growth

In September, personal income in the U.S. rose by $71.6 billion, reflecting a monthly increase of 0.3%, as reported by the U.S. Bureau of Economic Analysis.

31.10.2024 14:38 1 min. read Alexander Stefanov

Binance Expands Futures Trading Options with New 75x Leverage Launch

Binance, the leading global crypto exchange, is expanding its range of altcoin trading options yet again.

31.10.2024 14:30 1 min. read Alexander Stefanov

BlackRock’s Bitcoin ETF Hits Record $875M Inflow

BlackRock’s spot Bitcoin ETF saw an impressive influx on October 30, with $875 million flowing in, marking its highest single-day intake since its launch in January, as per CoinGlass data.

31.10.2024 14:00 1 min. read Alexander Stefanov

Crypto Companies Continue With Major Layoffs – Kraken Cuts 15% of Workforce

Kraken has announced a reduction in its workforce by about 15%, translating to around 400 jobs, as part of a recent organizational restructuring.

31.10.2024 13:30 1 min. read Alexander Stefanov

Chainlink Unveils Major Upgrade to Enhance Flexibility and Scalability

At SmartCon 2024, Chainlink unveiled a significant upgrade to its platform, introducing a new modular architecture aimed at enhancing flexibility and usability for developers and businesses.

31.10.2024 13:00 2 min. read Alexander Stefanov

AI Bot Makes Millions in a Couple of Hours Through Crypto Trading

Technology is transforming cryptocurrency trading, particularly through the use of AI bots. In recent years, artificial intelligence has significantly changed trading strategies by enhancing data analysis and problem-solving.

31.10.2024 9:30 1 min. read Alexander Stefanov

Russia Moves to Ban Cryptocurrency Mining Amid Energy Concerns

Recent developments from Russia have sparked concerns in the cryptocurrency sector. The country has recently permitted the use of Bitcoin (BTC) and other cryptocurrencies for international transactions.

31.10.2024 8:30 1 min. read Alexander Stefanov

Coinbase’s Q3 Earnings Disappoint as Revenue Falls Below Expectations

Coinbase’s third-quarter earnings report fell short of Wall Street expectations, causing a nearly 7% decline in its stock during after-hours trading.

30.10.2024 22:46 1 min. read Alexander Stefanov

BREAKING: MicroStrategy Unveils Plan to Buy $42 Billion in Bitcoin

MicroStrategy has once again demonstrated its dedication to cryptocurrency with an announcement of a new, strategic $42 billion capital initiative aimed at expanding its bitcoin holdings.

30.10.2024 22:21 2 min. read Alexander Stefanov

Coinbase Braces for Q3 Earnings as Bitcoin Nears All-Time Highs – Will Stock Soar?

As Coinbase approaches its Q3 earnings report, the company’s position in a rapidly evolving cryptocurrency market remains in the spotlight.

30.10.2024 22:11 2 min. read Alexander Stefanov

Canadian Investment Firm Sells Bitcoin to Capitalize on Solana’s Growth Potential

Sol Strategies, a cryptocurrency investment firm based in Canada, has decided to shift its portfolio by selling its Bitcoin holdings and investing in Solana.

30.10.2024 21:00 1 min. read Alexander Stefanov

Whale Transfers Hundreds of Millions in Dogecoin to Robinhood – What Does This Mean?

Dogecoin is poised to experience notable selling pressure following a substantial transfer of 1.74 billion DOGE, worth approximately $278 million, to the Robinhood cryptocurrency exchange.

30.10.2024 20:30 2 min. read Alexander Stefanov

Is Terra Luna Classic (LUNC) Poised for a Comeback?

Terra Luna Classic (LUNC) has experienced a turbulent journey, peaking at $119 before facing significant challenges.

30.10.2024 17:45 1 min. read Alexander Stefanov

This Altcoin is Set for a Major Unlock Boosting Supply Amid Market Optimism

Investors often feel apprehensive about token unlock events due to their potential influence on market prices, and this altcoin project is preparing for a significant unlock on October 30.

30.10.2024 17:30 2 min. read Alexander Stefanov

Russian Court Imposes Unprecedented Fine on Google Over YouTube Channel Bans

A Russian court has reportedly imposed a staggeringly large fine on Google for restricting access to several YouTube channels affiliated with Russian state media.

30.10.2024 15:30 1 min. read Alexander Stefanov

Alphabet’s Q3 Earnings Surge Driven by AI Boost, Stock Climbs 5.9%

Alphabet Inc., Google’s parent company, saw its stock rise 5.9% in after-hours trading following a strong Q3 earnings report that beat Wall Street estimates, primarily due to its growing artificial intelligence sector.

30.10.2024 14:00 1 min. read Alexander Stefanov

Bitcoin Miners Adapt to Challenges with AI and Mergers Amid Rising Costs

In a recent report by CoinShares, the Bitcoin mining sector is facing significant challenges as it adapts to the aftermath of the network’s April halving.

30.10.2024 13:00 1 min. read Alexander Stefanov

Circle Partners with Telecom Giant in Hong Kong

Circle, a prominent digital finance technology company, has partnered with HKT, a major player in technology and telecommunications, to investigate blockchain-based solutions for enhancing customer engagement in Hong Kong.

30.10.2024 12:00 1 min. read Alexander Stefanov

FTX Pursues $50 Million in Assets Allegedly Seized by KuCoin

The bankrupt cryptocurrency exchange FTX has initiated legal proceedings to reclaim over $50 million in assets that it alleges were wrongfully taken by KuCoin, as stated in court documents from October 28.

30.10.2024 11:30 1 min. read Alexander Stefanov

Optimism Foundation Grants 25 Million OP Tokens to Kraken for Strategic Blockchain Partnership

The Optimism Foundation has made a significant move by granting 25 million OP tokens to Kraken, a major U.S. cryptocurrency exchange, as part of a strategic collaboration.

30.10.2024 11:00 1 min. read Alexander Stefanov

Consensys Restructures Operations, Laying Off Over 20% of Workforce

Consensys, a notable blockchain development company, is undergoing significant restructuring, resulting in a workforce reduction of over 20%.

30.10.2024 10:30 2 min. read Alexander Stefanov

Standard Chartered Announces Partnership With Top Crypto Exchange

Leading crypto exchanges are increasingly partnering with established banks to bridge digital assets with traditional finance, enhancing security for institutional clients.

30.10.2024 9:30 2 min. read Alexander Stefanov

Crypto Whales Amass Millions in Solana and Neiro Amid Strategic Moves

Blockchain tracking service Lookonchain recently revealed that a few crypto “whale” investors have been rapidly acquiring substantial quantities of Solana (SOL) from leading exchanges Binance and Kraken, with the funds subsequently staked—a move typically indicating a long-term investment perspective.

30.10.2024 8:00 2 min. read Alexander Stefanov

Coinbase’s Brian Armstrong Urges SEC Chair to Apologize for Crypto Industry Harm

Coinbase’s CEO Brian Armstrong recently criticized the U.S. Securities and Exchange Commission (SEC), claiming that the next chair should apologize to the public for the agency’s negative impact on the cryptocurrency sector.

29.10.2024 21:00 1 min. read Alexander Stefanov

Bhutan Begins Offloading Bitcoin Holdings as Prices Surge

The government of Bhutan has begun to offload its Bitcoin holdings as prices exceeded the crucial $70,000 mark.

29.10.2024 20:30 1 min. read Alexander Stefanov

EU Governments Challenge ECB’s Authority Over Digital Euro Control

A power struggle has emerged between European Union governments and the European Central Bank (ECB) regarding control of the digital euro.

29.10.2024 20:00 1 min. read Alexander Stefanov

Bitcoin Adoption Rises as Younger Investors Drive Growth, Says VanEck’s Analyst

Bitcoin’s adoption trajectory mirrors that of the gaming industry, with younger investors increasingly engaging with the cryptocurrency while older generations are gradually withdrawing, according to Matthew Sigel, head of digital assets research at VanEck.

29.10.2024 19:30 2 min. read Alexander Stefanov

Macroeconomic Data Could Thwart Bitcoin’s Surge, Analyst Warns

Renowned crypto expert Benjamin Cowen has issued a cautionary note regarding Bitcoin’s potential breakout above the $70,000 mark, suggesting that a key macroeconomic indicator could influence its trajectory.

29.10.2024 18:30 1 min. read Alexander Stefanov

If the U.S. Government Wanted to Kills Us, They Could – Tether CEO

Tether CEO Paolo Ardoino defended the company’s compliance with international sanctions amid renewed scrutiny, stressing that Tether’s fate is ultimately in the hands of U.S. authorities.

29.10.2024 17:30 2 min. read Alexander Stefanov

Ethereum Whales Signal Possible Rally as Investor Activity Hits Six-Week High

Market intelligence firm Santiment has highlighted recent moves by large investors, suggesting that Ethereum (ETH) could be on the cusp of a price rally.

29.10.2024 16:00 2 min. read Alexander Stefanov

Donald Trump’s Tariffs and Economic Strategies: A Win for Bitcoin?

Howard Lutnick, CEO of Cantor Fitzgerald, has endorsed Donald Trump as the best candidate for America’s wealthy, praising his commitment to American workers, economic growth, and support for cryptocurrency alongside tariff implementation.

29.10.2024 15:30 1 min. read Alexander Stefanov

Cryptocurrency Exchange Eyes $4 Billion IPO Amid Market Resurgence

A cryptocurrency exchange, backed by billionaire investor Peter Thiel, is exploring strategic options that may include launching an initial public offering (IPO) in Frankfurt.

29.10.2024 14:00 2 min. read Alexander Stefanov

Is Ethereum Losing its Edge? Here is What’s Behind the Altcoin’s Struggles

Ethereum (ETH) has experienced a notable drop in demand recently, leading to a decrease in its burn rate and an increase in circulating supply, which has negatively impacted its price.

29.10.2024 13:30 1 min. read Alexander Stefanov

Coinbase Announces NBA Sponsorship – First One Since FTX Collapse

Coinbase is re-entering the sports sponsorship arena, becoming one of the first U.S.-based cryptocurrency exchanges to do so following the FTX fallout.

29.10.2024 12:30 2 min. read Alexander Stefanov

Meme Coin Trader Turns $3,500 Investment into Millions in a Few Days

Bitcoin is currently experiencing a significant price increase amidst the excitement of ‘Uptober,’ drawing attention from bold investors who are making impressive gains in the meme coin market.

29.10.2024 12:00 1 min. read Alexander Stefanov

Bitcoin’s Bull Cycle is Yet to Start, According to Crypto Expert

Bitcoin (BTC) has surged to impressive new highs in 2024, reaching the critical $70,000 mark after a prolonged period of sideways trading.

29.10.2024 11:00 1 min. read Alexander Stefanov