Author 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

Avalanche Foundation Seeks Court Approval for AVAX Token Buyback

The Avalanche Foundation has revealed plans to buy back all AVAX tokens that were sold to the Luna Foundation Guard (LFG) before April 2022.

13.10.2024 19:00 1 min. read Alexander Stefanov

Bitcoin’s October Optimism Dims as Market Struggles Persist

October has not lived up to its promising reputation for Bitcoin. Traditionally, this month has brought strong gains, often dubbed “Uptober,” with Bitcoin averaging nearly 23% in returns since 2013. In standout years like 2021, it even soared by 40%.

13.10.2024 14:00 2 min. read Alexander Stefanov

Time Is Running Out: Dogecoin (DOGE), DTX Exchange (DTX) and Toncoin (TON) Seen As Best Cryptos To Buy for Massive Gains

The crypto space is heating up once more, with South Korea’s FSC considering lifting the ban on spot crypto ETFs.

13.10.2024 14:00 4 min. read Alexander Stefanov

Polygon Whale Sells $900K, POL, Moves Into Tron (TRX), and Another Token Set to 10X Soon

Such recent activity has divided opinions, particularly in the crypto community, as the Polygon whale sells off POL tokens worth $900,000.

13.10.2024 12:22 5 min. read Alexander Stefanov

Premature Crypto Sale Costs Trader a Potential $17.5 Million in Gains

Engaging in meme coin trading can be quite hazardous, requiring precise timing to yield profits.

13.10.2024 12:00 2 min. read Alexander Stefanov

XRP ETF Approval Could Propel Prices to $1,000 Amid Institutional Interest

Approval of an XRP exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) could be a game-changer for the cryptocurrency, potentially attracting significant institutional investment.

13.10.2024 11:00 2 min. read Alexander Stefanov

U.S. Faces Nearly $1 Trillion in Interest Payments as National Debt Soars

The U.S. government recently allocated nearly $1 trillion just to cover the interest on its escalating national debt.

13.10.2024 9:00 1 min. read Alexander Stefanov

Cardano Investors Desperate as the ADA Price is Nowhere Near $1, but This Cheap Rival Will Be By December 2024

Cardano struggles near $0.34 as RCO Finance emerges with innovative AI features and potential for rapid growth by December 2024.

13.10.2024 8:15 5 min. read Alexander Stefanov

Neiro Cuts Ties with Controversial Market Maker Amid Community Scrutiny

Neiro, a memecoin project previously linked to market maker Gotbit, has announced it is severing ties with the firm amid growing criticism from the crypto community, particularly from prominent investigator ZachXBT.

12.10.2024 14:00 1 min. read Alexander Stefanov

Famous Trader Who Turned $5,000 into $1.5M with Shiba Inu at $19 Just Backed This New Coin with $20K

In the cryptocurrency sphere, there are phenomenal tales of success to be earned easily by those who play the market well.

12.10.2024 13:01 5 min. read Alexander Stefanov

Arkham Intelligence Set to Launch New Crypto Derivatives Exchange

Arkham Intelligence, a crypto analytics platform, is reportedly preparing to launch its own derivatives exchange next month, aiming to compete with industry leader Binance.

12.10.2024 10:00 1 min. read Alexander Stefanov

Millennials Embrace Crypto as Key Investment Strategy, Says Charles Schwab

Cryptocurrencies continue to gain popularity, especially among younger investors.

11.10.2024 21:00 2 min. read Alexander Stefanov

This Top Altcoin Could Explode, According to Crypto Expert

Despite the recent downturn in the crypto market, many analysts remain optimitic about the future potential of some altcoins.

11.10.2024 17:30 2 min. read Alexander Stefanov

Tron’s Justin Sun is Elected Prime Minister of Liberland

Tron founder Justin Sun has taken on a new role as Prime Minister of Liberland, a self-proclaimed micronation located between Croatia and Serbia.

11.10.2024 13:00 1 min. read Alexander Stefanov

SEC Sues Cumberland for Unregistered Crypto Trading, Firm Vows to Fight Back

On October 10, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Cumberland DRW, accusing the firm of operating as an unregistered dealer.

11.10.2024 9:30 2 min. read Alexander Stefanov

Stripe Reintroduces USDC Payments for U.S. Merchants

Stripe has reintroduced cryptocurrency payments for U.S. merchants, allowing them to accept USDC through Ethereum, Solana, and Polygon.

10.10.2024 21:30 1 min. read Alexander Stefanov

Extended Repayment Timeline from Mt. Gox Eases Investor Concerns

Mt. Gox has recently announced that it received court approval to extend its repayment plans, leading to a surge in market confidence.

10.10.2024 20:30 1 min. read Alexander Stefanov

Cryptocurrency Ownership Grows Among Retail Investors Globally

Retail engagement with cryptocurrencies has significantly increased since 2020, according to a recent report from the International Organization of Securities Commissions (IOSCO) released on October 9.

10.10.2024 20:00 2 min. read Alexander Stefanov

Uniswap (UNI) up 10% After New Network Announcement

Uniswap’s UNI token surged by 10%, reaching $8.08, after the announcement of a new layer-two network on Ethereum.

10.10.2024 19:15 1 min. read Alexander Stefanov

Upbit Faces Monopoly Investigation in South Korea

South Korean lawmakers have launched an investigation into Upbit, the nation’s largest cryptocurrency exchange, amid concerns about its monopolistic influence in the virtual asset market.

10.10.2024 19:00 1 min. read Alexander Stefanov

Best Shiba Inu Alternatives at the Moment

Shiba Inu (SHIB) is undoubtedly one of the most well-known cryptocurrency memes that has attracted a huge community and achieved an impressive market cap.

10.10.2024 18:31 3 min. read Alexander Stefanov

Trump-Backed World Liberty Financial Proposes Aave Integration

World Liberty Financial, backed by Donald Trump, has proposed a governance model to operate on the Aave decentralized finance platform as an Aave v3 instance on Ethereum.

10.10.2024 18:30 1 min. read Alexander Stefanov