Author 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

Bitcoin Could Hit $3 Million as a Global Reserve Asset – VanEck

Matthew Sigel, the head of digital assets research at VanEck, forecasts that Bitcoin’s value could surge to $3 million by 2050, driven by its potential role as a global reserve asset.

29.10.2024 8:30 2 min. read Alexander Stefanov

Tether CEO Defends Stablecoin Reserves Amid Investigation Rumors

At the PlanB event in Lugano, Switzerland, Tether CEO Paolo Ardoino addressed concerns about the company’s USDT stablecoin reserves amid rumors of a federal investigation by the U.S. Department of Justice and the Treasury.

28.10.2024 15:00 1 min. read Alexander Stefanov

Large Crypto Investors Are Buying This Altcoin at the Moment

Last week we saw big price swings in the cryptocurrency market, especially after news broke about Israel attacking Iran.

28.10.2024 11:00 1 min. read Alexander Stefanov

Here’s What You Should Know About the Launch of ShibaSwap 2.0

The Shiba Inu team has rolled out an upgraded version of their decentralized exchange (DEX), ShibaSwap 2.0, with promising new features aimed at enhancing functionality and user experience.

28.10.2024 9:00 1 min. read Alexander Stefanov

Analyst Predicts Slower Liquidity Surge for 2025 – What It Means for Markets and Bitcoin

In a recent interview, analyst Lyn Alden predicted a gradual increase in global liquidity through 2025, though she does not anticipate the rapid surges seen in previous years.

28.10.2024 8:30 2 min. read Alexander Stefanov

Crypto Trader Faces Mindblowing $55 Million Loss From Recent Trades

An anonymous cryptocurrency trader recently faced substantial losses, as revealed by on-chain data from Lookonchain.

27.10.2024 19:00 1 min. read Alexander Stefanov

U.S. University Reveals $15 Million Investment in Grayscale Bitcoin Mini Trust

Emory University, located in Atlanta, has disclosed a significant investment in cryptocurrency, holding approximately 2.7 million shares of the Grayscale Bitcoin Mini Trust, valued at about $15.1 million, according to an SEC filing dated October 25.

27.10.2024 18:00 1 min. read Alexander Stefanov

Donald Trump Advocates for Eliminating Income Tax and Proposes Tariffs on Imports

In a recent episode of the Joe Rogan Experience, former President Donald Trump expressed his intention to abolish the federal income tax and replace it with tariffs on imports.

27.10.2024 15:00 2 min. read Alexander Stefanov

Penny Crypto Under $0.10 Set to Overtake Sui (SUI) and DogWifHat (WIF) in the Race to $10

Rexas Finance (RXS) is gaining momentum as a penny crypto priced under $0.10, setting its sights on outperforming major competitors like Sui (SUI) and DogWifHat (WIF).

27.10.2024 14:40 3 min. read Alexander Stefanov

If You Invest $500 in These 3 Cryptos Now, You Could Be Riding a Lambo in 2026

The crypto landscape is buzzing with potential, where a small investment now could transform into significant wealth by 2026. Spotting the right digital currencies could be the key to unlocking remarkable financial gains in the near future. 

27.10.2024 14:32 4 min. read Alexander Stefanov

Microsoft’s Interest in Bitcoin is a Turning Point for Corporate Investment – Anthony Pompliano

The Bitcoin community is buzzing with excitement following Microsoft’s proposal to vote on a Bitcoin investment, drawing attention from industry leaders like Anthony Pompliano.

27.10.2024 13:00 2 min. read Alexander Stefanov

Hacker Returns $19.3 Million in Crypto to U.S. Government

The U.S. government successfully reclaimed nearly $19.3 million in cryptocurrency within 24 hours after it was mysteriously drained from government-associated wallets.

27.10.2024 11:00 1 min. read Alexander Stefanov

Ripple’s CEO Warns of Potential Tether Crisis Amid Controversial WSJ Report

In a recent podcast appearance, Ripple CEO Brad Garlinghouse raised eyebrows when he predicted a potential “Black Swan event” involving Tether’s flagship stablecoin, USDT.

27.10.2024 9:00 1 min. read Alexander Stefanov

Japanese Financial Leaders Push for Bitcoin and Ethereum-Focused ETFs

A group of leading Japanese firms is urging regulators to prioritize crypto ETFs centered around major digital assets like Bitcoin and Ethereum.

26.10.2024 21:00 1 min. read Alexander Stefanov

Charles Hoskinson Predicts Bitcoin’s DeFi Market Could Surpass Ethereum and Solana

Cardano’s founder, Charles Hoskinson, has recently shifted his perspective on Bitcoin’s future, predicting that BTC’s DeFi market could eventually eclipse that of Ethereum and Solana.

26.10.2024 18:00 1 min. read Alexander Stefanov

Security Flaw on Base Blockchain Leads to $1 Million Heist

A recent security breach on the Base blockchain has led to the theft of approximately $1 million due to vulnerabilities in unverified lending contracts.

26.10.2024 11:00 2 min. read Alexander Stefanov

JPMorgan CEO Stays Neutral Ahead of Election Amid Speculation on Future Role in Government

As the U.S. presidential election approaches, JPMorgan Chase CEO Jamie Dimon has again refrained from endorsing any candidate during his recent trip to Washington, D.C.

26.10.2024 9:30 1 min. read Alexander Stefanov

MicroStrategy Stock Hits 25-Year High as Bitcoin Nears $70,000

MicroStrategy’s stock has soared to its highest level in 25 years, spurred by Bitcoin’s potential push toward $70,000.

26.10.2024 8:00 1 min. read Alexander Stefanov

Ark Invest Offloads Tesla Shares Worth Over $20 Million

On Thursday, Ark Invest, led by Kathy Wood, made some interesting trades, the most significant of which was the sale of Tesla Inc (TSLA) shares.

25.10.2024 20:00 1 min. read Alexander Stefanov

Polygon (POL) Price Hits Two-Year Low, Sparking Concerns

Polygon’s POL price fell to a two-year low, reaching $0.34, sparking community concern about its stability.

25.10.2024 19:00 2 min. read Alexander Stefanov

Cardano’s Latest Integration Set to Enhance Cross-Chain Liquidity

A recent development in the altcoin space has emerged from Cardano, though it has not yet yielded the anticipated results.

25.10.2024 18:30 1 min. read Alexander Stefanov

Analyst Predicts Major Surge for Solana Memecoin as Market Resilience Shines

A notable cryptocurrency analyst is expressing optimism for a memecoin operating within the Solana ecosystem.

25.10.2024 18:00 1 min. read Alexander Stefanov

Layer-2 Networks Could Be Ethereum’s Ticket to a Major Price Rally

The conversation surrounding the effect of Ethereum’s layer-2 networks on the revenue generated by the Ethereum mainnet has been ongoing, with Sygnum Bank weighing in on the matter.

25.10.2024 16:00 2 min. read Alexander Stefanov

SEC Seeks Extended Deadline in Ripple Appeal, Sparking Speculation on Case Duration

The ongoing legal battle between the SEC and Ripple Labs is set to take another turn, as the SEC has sought an extension for its appeal, proposing to push back the deadline for its primary brief to January 15, 2025.

25.10.2024 15:30 1 min. read Alexander Stefanov

New Service to Enable Instant Cross-Currency Payments in Europe

A new service is set to enable instant payments between different Tips currencies and central bank currencies.

25.10.2024 13:00 1 min. read Alexander Stefanov

Here Are the Top Cryptocurrencies Investors Hold the Longest

According to IntoTheBlock, Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and Shiba Inu (SHIB) have emerged as the cryptocurrencies with the longest average holding periods, a sign of strong investor confidence.

25.10.2024 11:30 1 min. read Alexander Stefanov

Tether Proposes Innovative Digital Tokens to the Turkish Government

Tether, the issuer of the world’s largest stablecoin, is reportedly in discussions with the Turkish government to create digital tokens backed by borate minerals.

25.10.2024 10:00 1 min. read Alexander Stefanov

Bitcoin May Have Reached a Temporary Peak Ahead of U.S. Elections

Bitcoin remains on an upward trajectory despite its recent price fluctuations, although some analysts believe that the cryptocurrency may have reached a temporary high, especially with the upcoming U.S. elections in focus.

25.10.2024 9:00 1 min. read Alexander Stefanov

Euro-Backed Stablecoin Surges Past €90 Million Supply

Circle’s euro-backed stablecoin, EURC, has reached an all-time high supply of over 90 million, driven by growth on Coinbase’s Ethereum Layer 2 network, Base.

25.10.2024 8:30 1 min. read Alexander Stefanov