Author Alexander Stefanov

Tether’s USDT Surpasses $120 Billion Market Cap

The cryptocurrency market is seeing renewed bullish momentum with Bitcoin recently crossing the $69,000 level.

21.10.2024 12:00 1 min. read Alexander Stefanov

Bitcoin’s Simplicity and Scarcity: A Stronger Hedge Against Inflation?

The question of Bitcoin’s value compared to traditional currencies like the US dollar has sparked intense discussions among investors, economists, and crypto supporters.

21.10.2024 10:00 2 min. read Alexander Stefanov

Investor Turns $3,000 into $9 Million With This Memecoin

A cryptocurrency investor has made over $9 million from an initial altcoin investment, demonstrating the significant potential of memecoin trading.

21.10.2024 8:30 1 min. read Alexander Stefanov

Bitcoin’s Price Breaks Past $69,000 – is a New ATH Imminent?

Bitcoin and the cryptocurrency market as a whole is riding the bullish wave amid renewed investor optimism.

21.10.2024 2:31 1 min. read Alexander Stefanov

FTX’s Market Manipulation Tactics and Their Impact on Crypto

In a recent podcast, co-founders of a leading cryptocurrency firm revealed that the now-bankrupt FTX exchange engaged in market manipulation, harming some projects while benefiting others.

20.10.2024 19:00 1 min. read Alexander Stefanov

Chinese Stock Market Faces Historic Capital Outflows Amid Stimulus Efforts

Capital outflows from the Chinese stock market have reached historic levels, with a staggering $4.1 billion exiting the market in just one week—the highest amount in over nine years.

20.10.2024 13:00 2 min. read Alexander Stefanov

SEC Approval of Bitcoin ETF Options Boosts Liquidity Prospects Ahead of 2024 Elections

The recent SEC approval for Bitcoin ETF options is poised to enhance liquidity for the exchange-traded funds.

20.10.2024 12:00 2 min. read Alexander Stefanov

Should We Brace for a Bitcoin Pullback or a Bullish Breakout?

Bitcoin’s recent rally has captured the attention of both bullish and cautious analysts, sparking a range of predictions about its next move.

20.10.2024 9:00 2 min. read Alexander Stefanov

Dogecoin Surge Faces Potential Correction Amid Increased Meme Coin Hype

Dogecoin (DOGE) has experienced a notable surge over the past six days, hitting a peak of $0.147 during Saturday’s trading session.

20.10.2024 8:00 1 min. read Alexander Stefanov

Gold Continues to Surge, Hitting a New Record – Bitcoin Just Below All-Time High

The price of gold again reached an all-time high, exceeding $2,736 per ounce, after rising around 38% this year.

19.10.2024 21:35 1 min. read Alexander Stefanov

Dogecoin Price To Hit $12? Analyst Presents ETFSwap (ETFS) As Top Contender Over Shiba Inu (SHIB)

Dogecoin price movements spark optimistic sentiments as analysts say its price may hit $12 by 2025.

19.10.2024 20:00 4 min. read Alexander Stefanov

70% of Institutional Ethereum Investors Engage in Staking

A recent report shows that almost 70% of institutional investors holding Ethereum (ETH) are involved in staking, with 52.6% of them using liquid staking tokens (LSTs).

19.10.2024 19:00 1 min. read Alexander Stefanov

Here Is What Drives Bitcoin’s Positive Price Movements, According to VanEck

According to VanEck’s report, Bitcoin (BTC) is poised for a potential breakout driven by 3 key reasons.

19.10.2024 17:00 2 min. read Alexander Stefanov

Crypto Guru Predicts Polygon (POL) at $2, Litecoin (LTC) at $85, and This New Altcoin to Jump from $0.0018 to $1 by 2025

A prominent cryptocurrency analyst has made bold forecasts for several digital assets, suggesting substantial price increases by 2025.

19.10.2024 16:21 4 min. read Alexander Stefanov

Could FXGuys Be Your $800K Success Story, Just Like Bitcoin for a London Housewife?

We’ve all heard the incredible stories of people who got in early on Bitcoin and saw their lives change forever.

19.10.2024 14:30 4 min. read Alexander Stefanov

Indian National Sentenced for $20 Million Coinbase Scam

The cryptocurrency industry has faced its share of scams and cyberattacks, causing some potential investors to approach it with caution.

19.10.2024 11:00 1 min. read Alexander Stefanov

Shiba Inu News: Could SHIB Be Overtaken By Rexas Finance (RXS) in 2025?

There’s so much action in the cryptocurrency market, as every other project seeks to leave an impression in one way or another.

19.10.2024 10:01 6 min. read Alexander Stefanov

Bitcoin Poised to Surpass $70,000 Amid Political Changes, Says Matrixport

Bitcoin’s recent stability above $65,000 has fueled optimism for further market gains.

19.10.2024 10:00 1 min. read Alexander Stefanov

UAE Plans New Rules to Regulate Decentralized Organizations

A free zone in the UAE specializing in digital assets, is set to roll out a new legal framework aimed at decentralized autonomous organizations (DAOs).

19.10.2024 9:00 1 min. read Alexander Stefanov

China’s Economic Growth Slows as Property Crisis Deepens

China’s economic growth for Q3 2024 fell short of government expectations, with a GDP increase of 4.6%, down from 4.7% in the previous quarter.

18.10.2024 19:30 2 min. read Alexander Stefanov

Binance Announces New Crypto Listing

Binance has revealed the addition of Lumia (LUMIA) across several platforms within its ecosystem, enhancing its accessibility for users.

18.10.2024 19:00 1 min. read Alexander Stefanov

Terra Luna Faces Uncertainty as Do Kwon’s Extradition Looms

Montenegro has begun the extradition process for Terra Luna’s founder, Do Kwon, who faces charges in South Korea tied to the downfall of the Terra ecosystem, which caused massive financial losses.

18.10.2024 17:00 1 min. read Alexander Stefanov

FBI Arrests Hacker Behind Fake Bitcoin ETF Approval News

The Federal Bureau of Investigation (FBI) arrested a 25-year-old man from Alabama, for hacking the official X account of the Securities and Exchange Commission (SEC) in January.

18.10.2024 16:00 1 min. read Alexander Stefanov

Bank of America Sees Gold as Top Safe Haven Amid Fiscal Uncertainty

Bank of America is spotlighting gold as a preferred safe haven over bonds, citing rising global fiscal uncertainties.

18.10.2024 14:00 2 min. read Alexander Stefanov

Ripple Collaborates with Former PayPal Exec

Former CFO for PayPal’s Digital Currencies division, is collaborating with Ripple to establish an eco-friendly blockchain venture.

18.10.2024 12:00 1 min. read Alexander Stefanov

Ireland Moves to Implement Urgent Crypto Regulations

Ireland is poised to formulate new cryptocurrency regulations as it anticipates upcoming European Union mandates on anti-money laundering and counter-terrorism financing.

18.10.2024 11:00 1 min. read Alexander Stefanov

Stellar Integrates Advanced Security Technology for User Protection

Blockaid, a company specializing in blockchain security, has integrated its Onchain Detection and Response (ODR) technology into the Stellar blockchain, initially targeting the Lobstr and Freighter wallet applications.

18.10.2024 10:30 1 min. read Alexander Stefanov

Goldman Sachs Anticipates Fed Rate Cuts, Raising Questions for Crypto Investors

As inflation in the U.S. approaches the Federal Reserve’s target of 2%, the Fed implemented its first rate cut in September, reducing rates by 50 basis points.

18.10.2024 9:30 1 min. read Alexander Stefanov

Blockchain and Crypto Pave the Way for a More Accessible Future in AI

The a16z report highlights the crypto sector’s pivotal role in tackling challenges within artificial intelligence (AI), particularly as AI development becomes increasingly costly and centralized.

17.10.2024 22:00 1 min. read Alexander Stefanov

Google to Harness Small Modular Reactors for Clean Energy in Crypto Mining

The nuclear sector is increasingly turning to small modular reactors (SMRs) as a viable solution for on-site power generation.

17.10.2024 20:30 1 min. read Alexander Stefanov

Kraken Unveils a New Wrapped Bitcoin Token for DeFi Integration

Kraken, a prominent crypto exchange, has rolled out kBTC, its own version of wrapped Bitcoin.

17.10.2024 19:00 1 min. read Alexander Stefanov

Whale Activity Drives $2.65B in Dogecoin Transactions

Dogecoin (DOGE) has seen some notable action recently, not just in terms of price but also in activity among major holders.

17.10.2024 17:30 1 min. read Alexander Stefanov

MoonPay Partners with Ripple to Simplify XRP Transactions

MoonPay, a cryptocurrency payment processor, has teamed up with Ripple to enhance service offerings.

17.10.2024 14:00 1 min. read Alexander Stefanov

Top Thai Bank Launches 24/7 Stablecoin Remittance Services

Siam Commercial Bank (SCB), Thailand’s oldest bank, is set to launch stablecoin-based cross-border payment and remittance services in partnership with fintech company Lightnet.

17.10.2024 13:30 1 min. read Alexander Stefanov

Zodia Custody Transforms Asset Management with New Unified Wallets

Zodia Custody, backed by Standard Chartered, has introduced Unified Wallets, a new solution designed to enhance efficiency for institutional clients.

17.10.2024 13:00 1 min. read Alexander Stefanov

War and Inflation Could Propel Bitcoin Prices, Says BitMEX Co-Founder

Arthur Hayes, co-founder of BitMEX, forecasts a significant rise in Bitcoin’s price driven by geopolitical tensions, particularly in the Middle East.

17.10.2024 11:00 1 min. read Alexander Stefanov

Binance Labs Invests in Innovative Bitcoin Liquid Staking Platform

Binance Labs, the investment and incubation branch of Binance, has made a significant investment in Lombard Finance, a firm specializing in LBTC, a Bitcoin liquid staking token that emphasizes security.

17.10.2024 10:30 2 min. read Alexander Stefanov

Kraken Expands Ethereum Restaking Opportunities on EigenLayer

Kraken has rolled out a new restaking feature on its EigenLayer DeFi platform, creating fresh earning opportunities for non-U.S. clients.

17.10.2024 8:30 1 min. read Alexander Stefanov

Telegram Will be Vital for Web3 Projects Growth, Says Animoca CEO

Robby Yung, CEO of Animoca Brands, predicts that all Web3 projects will soon incorporate Telegram features, driven by the platform’s surge in gaming popularity, with titles like Hamster Kombat attracting over 300 million users.

16.10.2024 21:30 1 min. read Alexander Stefanov

Italy Plans Significant Increase in Capital Gains Tax on Cryptocurrencies

Italy is set to raise the capital gains tax on Bitcoin and other cryptocurrencies to 42%, according to Vice Economy Minister Maurizio Leo, who announced the move during a press conference regarding the nation’s 2025 budget, as reported by Il Sole 24 Ore.

16.10.2024 18:30 1 min. read Alexander Stefanov

Dogecoin’s Rally Sparks Speculation, but $10 Target Remains Elusive

Yesterday, on October 16, Dogecoin (DOGE) attracted attention with a significant price surge.

16.10.2024 17:30 2 min. read Alexander Stefanov

Mastercard and Stellar Join Forces to Enhance Crypto Transactions

The Stellar Development Foundation has partnered with Mastercard to improve remittances and peer-to-peer transactions on the Stellar network.

16.10.2024 15:35 1 min. read Alexander Stefanov

Metaplanet Revises Bitcoin Options Strategy to Enhance Yields

Metaplanet Inc., a Tokyo-based investment company, recently revised its Bitcoin strategy, adjusting its put options to a new strike price of $66,000, up from the previous $62,000.

16.10.2024 13:30 1 min. read Alexander Stefanov

The World’s Largest Bitcoin Conference Makes Middle East Debut in Abu Dhabi

The Bitcoin Conference will take place in Abu Dhabi on December 9-10 at the ADNEC Centre, bringing together top Bitcoin innovators and government officials to shape the future of finance in the region, as businesses seize the “New Gold Rush” sparked by the rapid adoption of Bitcoin across the Middle East.

16.10.2024 12:57 4 min. read Alexander Stefanov

Blockstream Secures $210 Million Funding to Advance Bitcoin Layer 2 Technologies

Following recent excitement about Blockstream and CEO Adam Back’s appearance in an HBO documentary, the bitcoin infrastructure company has announced it raised $210 million through a convertible note financing round, led by Fulgur Ventures.

16.10.2024 11:30 1 min. read Alexander Stefanov

Here’s What Could Enhance the Odds for XRP ETF Approval

The landscape for cryptocurrency regulations could see a significant shift in the near future.

16.10.2024 11:00 1 min. read Alexander Stefanov

Grayscale Seeks SEC Approval to Convert One of Their Crypto Funds into an ETF

Grayscale Investments is making headlines once again with their latest filing to the U.S. Securities and Exchange Commission (SEC).

16.10.2024 9:00 1 min. read Alexander Stefanov

Whales Make Big Moves in DeFi Tokens, Accumulating Millions in Recent Transactions

Recent activity in the crypto market shows that major investors, often referred to as whales, have been actively purchasing significant amounts of various decentralized finance tokens.

15.10.2024 20:30 1 min. read Alexander Stefanov

BlackRock’s Ethereum ETF Leads Market With Strong Inflows

BlackRock’s Ethereum ETF is currently at the forefront of the market, indicating increased investor confidence in ETH as a suitable investment.

15.10.2024 19:00 1 min. read Alexander Stefanov

Kamala Harris Unveils Economic Plan Supporting Crypto Regulation

U.S. Vice President Kamala Harris has introduced a new economic plan focusing on cryptocurrency regulation and support for digital assets as she prepares for the upcoming elections, where pro-crypto Republican Donald Trump is leading in the polls.

15.10.2024 17:30 1 min. read Alexander Stefanov

Australia Launches Its First Ethereum (ETH) ETF

Australia’s Monochrome Asset Management has introduced the first inaugural ETF that directly holds Ethereum, a significant advancement for the country’s cryptocurrency sector.

15.10.2024 16:30 1 min. read Alexander Stefanov

Bitcoin ETFs See Major Inflows as Institutional Demand Surges

Spot Bitcoin ETFs saw a resurgence in demand, with inflows hitting $555 million on Monday, nearly doubling from Friday’s figures.

15.10.2024 13:30 1 min. read Alexander Stefanov

Majority of Crypto Investors Embrace This Strategy, Says Kraken Survey

A recent survey conducted by the cryptocurrency exchange Kraken reveals that a significant number of investors in the digital asset market are adopting a common investment strategy to gain exposure.

15.10.2024 11:00 2 min. read Alexander Stefanov

German Investment Firm Targets €30 Million to Boost Bitcoin Holdings

A German publicly traded investment firm is set to raise up to €30 million (about $32.8 million) through the issuance of senior secured Nordic bonds.

15.10.2024 10:00 2 min. read Alexander Stefanov

Tether Explores Lending Opportunities in Commodity Trading Sector

Tether, known for issuing the prominent stablecoin USDT, is reportedly negotiating with commodity trading firms to potentially lend billions in profits.

15.10.2024 9:30 2 min. read Alexander Stefanov

Critical Vulnerability in Bitcoin Core Threatens Over 13% of Nodes

Bitcoin developers have announced a critical security flaw in Bitcoin Core that could leave over 13% of global nodes vulnerable to shutdown.

14.10.2024 19:00 1 min. read Alexander Stefanov

Is Rising Bitcoin Demand Signaling the Start of a New Bull Run?

Bitcoin (BTC) has recovored from last week’s slump and is currently trading at $62,600.

14.10.2024 14:00 2 min. read Alexander Stefanov

Vitalik Buterin Nets $2 Million from Meme Token Sales, Plans Charity Donation

Ethereum founder Vitalik Buterin has recently raked in over $2 million within 24 hours by selling off various meme tokens that had been sent to his well-known Ethereum Name Service (ENS) address, vitalik.eth.

14.10.2024 8:30 1 min. read Alexander Stefanov

EigenLayer Faces Criticism for Failing to Meet Investor Expectations

EigenLayer (EIGEN), a prominent blockchain protocol that focuses on restaking within the Ethereum ecosystem, has fallen short of investor expectations, according to Alex Obchakevich, founder of the Ukrainian-Austrian analytics firm Obchakevich Research.

13.10.2024 20:00 1 min. read Alexander Stefanov