Author Alexander Stefanov

Bitcoin Mining Giant to Raise $350 Million for Share Buyback Program

TeraWulf, a Bitcoin mining firm, plans to raise $350 million by issuing convertible senior notes to fund a $200 million share buyback program.

24.10.2024 20:30 1 min. read Alexander Stefanov

Kraken to Launch its Own Blockchain in 2025

Kraken, one of the earliest cryptocurrency exchanges, is poised to debut its own blockchain network, called Ink, in 2025.

24.10.2024 17:00 2 min. read Alexander Stefanov

Shiba Inu Records 100% Drop in Burn Rate

Meme coin tracker Shibburn reported that the SHIB community has made no progress in burning tokens in the last 24 hours.

24.10.2024 15:00 2 min. read Alexander Stefanov

Denmark Introduces 42% Tax on Unrealized Cryptocurrency Gains

This tax will apply not only to cryptocurrencies purchased after that date, but also to assets acquired as early as January 2009, when the first Bitcoin block was mined.

24.10.2024 14:00 2 min. read Alexander Stefanov

Could Banning Bitcoin Ignite a $70K Rally? Insights from Anthony Pompliano

In a recent podcast, Anthony Pompliano, co-founder of Morgan Creek Digital, discussed Bitcoin’s potential to hit $70,000.

24.10.2024 13:30 1 min. read Alexander Stefanov

Blockchain.com Faces Legal Action Over Delayed Financial Filings

Blockchain.com is facing legal action for failing to file its financial accounts on time.

24.10.2024 12:30 1 min. read Alexander Stefanov

Will XRP’s 2025 Breakout Defy Current Downtrend?

XRP has experienced significant volatility throughout 2024, with a 14.26% decline since the year’s start. Several key factors have influenced this price movement.

24.10.2024 11:30 1 min. read Alexander Stefanov

Anonymous Millionaire Goes on a $5 Million Memecoin Buying Spree

An anonymous millionaire has been on a shopping spree for Solana-based memecoins, investing over $5 million since October 21.

24.10.2024 10:00 1 min. read Alexander Stefanov

Bitcoin Faces Challenges as It Lags Behind Gold, Says Bloomberg Strategist

Mike McGlone, Bloomberg Intelligence’s chief commodity strategist, recently shared insights on Bitcoin, gold, and their relationship with copper via his X account.

24.10.2024 8:00 2 min. read Alexander Stefanov

Kenya Revenue Authority Launches New Crypto Tax Initiative

Nickson Omondi, head of the digital economy tax division at the Kenya Revenue Authority (KRA), announced plans for a real-time tax collection system integrated with cryptocurrency exchanges.

23.10.2024 21:30 1 min. read Alexander Stefanov

IMF Projects Global Inflation to Decline Amid Economic Resilience

Global inflation is anticipated to decline to 3.5% by the end of 2025, largely due to a resilient global economy, as reported by the International Monetary Fund (IMF).

23.10.2024 19:00 1 min. read Alexander Stefanov

China’s Economic Challenges Intensify: Can Policy Changes Revive Growth?

China’s recent economic policies are unlikely to significantly boost its struggling economy, according to Haibin Zhu, chief China economist at JPMorgan Chase.

23.10.2024 18:00 1 min. read Alexander Stefanov

BREAKING: Nigerian Government Drops Charges Against Binance Executive

The Nigerian government has dropped all charges against Tigran Gambaryan, a Binance executive, following considerable controversy over his detention.

23.10.2024 17:08 1 min. read Alexander Stefanov

Binance Backs This Altcoin’s Network Upgrade, Increasing Token Supply

The top cryptocurrency exchange Binance announced it will support a crypto project’s network upgrade this month.

23.10.2024 16:00 1 min. read Alexander Stefanov

Bitcoin ETFs Face First Outflows After Week of Strong Inflows

On Tuesday, spot Bitcoin ETFs in the U.S. experienced their first net outflows after a week of significant inflows, totaling over $2.67 billion.

23.10.2024 13:30 1 min. read Alexander Stefanov

Will Bitcoin Options Trading Ignite Market Volatility?

Experts are commenting on the potential impact of options trading for spot Bitcoin ETFs, including BlackRock’s iShares Bitcoin Trust, on the cryptocurrency market.

23.10.2024 11:00 2 min. read Alexander Stefanov

Bitcoin: October’s Bullish Momentum Signals New Highs Ahead

October has a historical reputation as one of Bitcoin’s strongest months, often triggering significant price surges.

23.10.2024 10:00 1 min. read Alexander Stefanov

Meme Coins Dominate 2024, Outperforming Bitcoin and S&P 500

Meme coins showed a great performance in 2024, with a group of 19 established meme tokens outperforming both the S&P 500 and Bitcoin (BTC).

23.10.2024 9:30 1 min. read Alexander Stefanov

Peter Schiff Predicts MicroStrategy Collapse – What Could Happen to Bitcoin?

Economist and well-known gold proponent Peter Schiff has suggested that MicroStrategy (MSTR) shares could suffer a significant decline.

22.10.2024 22:00 1 min. read Alexander Stefanov

Ripple CTO Acknowledges Uncertainty in Predicting Future XRP

David Schwartz, Ripple’s chief technology officer, recently addressed speculation surrounding the future price of XRP during a talk on the X platform.

22.10.2024 21:00 1 min. read Alexander Stefanov

Bitcoin Trading Volume Surpasses Mining Companies’ Market Cap

The daily trading volume of Bitcoin (BTC) now regularly exceeds the total market capitalization of public BTC mining companies, raising concerns that they may be overvalued.

22.10.2024 20:30 1 min. read Alexander Stefanov

October Sees Retail Investors Shifting Focus to Crypto Derivatives

In October, the cryptocurrency market saw a 13% increase in market capitalization, rising from $2 trillion to $2.3 trillion, driven by increased activity from retail investors.

22.10.2024 19:00 1 min. read Alexander Stefanov

U.K. Stands Firm on Strict Crypto Regulations Amid Innovation Concerns

The UK’s Financial Conduct Authority (FCA) has defended its strict cryptocurrency regulations in response to claims they may hinder innovation.

22.10.2024 18:30 1 min. read Alexander Stefanov

Former Crypto CEO Faces Fraud Charges Over Misappropriated Bitcoin Funds

The former CEO of Australian crypto exchange Mine Digital, Grant Colthup, has been charged with fraud for allegedly misappropriating $1.47 million from a customer trying to convert funds into Bitcoin.

22.10.2024 18:00 1 min. read Alexander Stefanov

Goldman Sachs Predicts Significant Drop in U.S. Stock Market Returns

Goldman Sachs analysts anticipate a sharp decline in returns from the U.S. stock market over the next decade.

22.10.2024 17:00 2 min. read Alexander Stefanov

Japanese Authorities Uncover Major Crypto Scam

Japanese law enforcement, including the National Police Agency and a collaborative task force from nine prefectural police departments, has apprehended 18 suspects linked to a scam involving Monero (XMR).

22.10.2024 16:30 1 min. read Alexander Stefanov

Avalanche Unveils New Visa Card for Seamless Crypto Spending

Avalanche is introducing the Avalanche Card, a new way for users to effortlessly spend their cryptocurrency.

22.10.2024 16:00 1 min. read Alexander Stefanov

Ancient Bitcoin Whale Offloads Almost $10 Million

Blockchain data firm Arkham Intelligence has revealed that a prominent Bitcoin whale, one of the earliest miners, has sold approximately $9.7 million worth of Bitcoin.

22.10.2024 15:30 1 min. read Alexander Stefanov

India Considers Ban on Private Cryptocurrencies

Indian regulators are considering a ban on private cryptocurrencies like Bitcoin and Ethereum, emphasizing the benefits of Central Bank Digital Currencies (CBDCs).

22.10.2024 15:00 2 min. read Alexander Stefanov

Market Expert Predicts Dramatic Rise in XRP Value

XRP is gaining momentum in the cryptocurrency market, buoyed by recent price recoveries and heightened investor enthusiasm.

22.10.2024 12:00 1 min. read Alexander Stefanov

Chainlink Launches AI Initiative for Enhanced Corporate Data Management

Chainlink has unveiled a significant AI initiative aimed at transforming corporate data management by collaborating with leading financial institutions, including Franklin Templeton, Swift, and Euroclear.

22.10.2024 11:30 1 min. read Alexander Stefanov

BRICS: Russia to Launch New Cryptocurrency Mining Data Centers Across Member Nations

Russia is set to develop new cryptocurrency mining data centers across the BRICS nations, teaming up with BitRiver, the country’s top mining operator.

22.10.2024 10:30 1 min. read Alexander Stefanov

Binance Co-Founder Zhao Warns Followers of Scammers Using His Name

Changpeng Zhao, Binance’s co-founder, has issued a stark warning to his 8.9 million followers on X regarding scammers using his name to defraud crypto users.

21.10.2024 22:00 1 min. read Alexander Stefanov

Federal Reserve Proposes Bitcoin Ban to Tackle Budget Deficits!

A recent report from the Federal Reserve Bank of Minneapolis suggests that taxing or banning Bitcoin may be necessary for governments to manage budget deficits effectively.

21.10.2024 21:00 2 min. read Alexander Stefanov

Crypto Trader Turns $296 into 209,000% Profit in Hours

The cryptocurrency trading landscape is witnessing a remarkable upswing, driven by a bullish market trend that has sparked significant investor enthusiasm.

21.10.2024 20:00 1 min. read Alexander Stefanov

XRP Ledger Sees Surge in Active Wallets Amid Ripple’s Legal Battle

According to analytics platform Santiment, XRP Ledger has seen significant growth in active wallets.

21.10.2024 17:00 1 min. read Alexander Stefanov

Bitcoin (BTC) Network Hits Record Hashrate

This milestone highlights the increased security of the world’s first large-scale blockchain network.

21.10.2024 16:00 1 min. read Alexander Stefanov

Memecoins Promoted by Andrew Tate Plummet 99%, Sparking Insider Trading Concerns

Memecoins promoted by Andrew Tate have seen dramatic declines in value, with many losing up to 99%, raising suspicions of insider trading.

21.10.2024 14:00 2 min. read 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