Author Alexander Stefanov

Bitcoin Faces Critical Demand Challenges as Q4 Begins

According to a report from CryptoQuant analysts released on Tuesday, Bitcoin’s demand appears to be stabilizing, but significant growth is needed in the fourth quarter to support higher price levels.

03.10.2024 10:30 1 min. read Alexander Stefanov

Controversial Theory Suggests Bitcoin Was Designed to Undermine the U.S. Dollar

Kyle Bass, the founder of Hayman Capital Management, recently sparked outrage within the Bitcoin community by making a controversial claim that the mysterious creator of Bitcoin, Satoshi Nakamoto, could be a Chinese intelligence operation.

03.10.2024 10:00 2 min. read Alexander Stefanov

Tron Outpaces Bitcoin and Ethereum in Q3 Revenue Growth

Tron recorded an impressive $566 million in revenue for the third quarter, surpassing major players like Ethereum, Solana, and Bitcoin.

03.10.2024 9:30 1 min. read Alexander Stefanov

XRP Plummets Nearly 100% From ATH as Raboo’s Presale Frenzy Heats Up! Is $1 Just Around the Corner?

XRP’s been on the struggle bus lately—almost 100% down from its ATH and still in the dumps.

03.10.2024 9:00 4 min. read Alexander Stefanov

Here’s How Low Bitcoin Could Go if Geopolitical Tensions Escalate Further

Despite the escalation of geopolitical tensions in the Middle East, QCP Capital analysts say market sentiment remains generally positive.

02.10.2024 21:30 1 min. read Alexander Stefanov

Bitcoin Price Prediction for October from a Respected Crypto Analyst

Historically, October has been a favorable month for Bitcoin (BTC) and the broader cryptocurrency market.

02.10.2024 21:00 2 min. read Alexander Stefanov

Kraken to Delist Monero in European Markets Amid Regulatory Changes

Kraken plans to discontinue trading Monero (XMR) in the European Economic Area (EEA) by the end of October, driven by recent regulatory changes linked to the Markets in Crypto-Assets Act (MiCA).

02.10.2024 20:00 1 min. read Alexander Stefanov

Binance Expands Services in Argentina Following Regulatory Approval

Binance has gained regulatory approval from Argentina’s National Securities Commission, bringing its total to 20 approvals worldwide.

02.10.2024 19:30 1 min. read Alexander Stefanov

Journalist Arrested for Exposing Human Trafficking and Crypto Scams

An acclaimed journalist recognized for exposing human trafficking and cryptocurrency scams in Cambodia has been detained by the country’s military police.

02.10.2024 19:00 1 min. read Alexander Stefanov

Australian Police Seize $6.4 Million in Crypto in Major Operation

The Australian Federal Police (AFP) have seized $6.4 million in cryptocurrency linked to an international crime syndicate during Operation Kraken, resulting in the arrest of Jay Je Yoon Jung.

02.10.2024 17:30 1 min. read Alexander Stefanov

Bitcoin Dips in Early October – Is “Uptober” Just a Myth or Is Geopolitical Tension the Culprit?

Bitcoin started October with a negative trend, disappointing investors who expected a continuation of the upward trend it enjoyed towards the end of September.

02.10.2024 17:15 1 min. read Alexander Stefanov

FTX Plans $6 Billion Distribution to Affected Users After Strong Creditor Support

Following an extensive review of the reorganization strategy, the troubled cryptocurrency exchange FTX has announced plans to allocate $6 billion to affected users, specifically targeting those impacted by its 2022 collapse.

02.10.2024 15:00 2 min. read Alexander Stefanov

Looking to Multiply Your Tether? Polygon, Book of Meme, and FoxLetFun Are the Top 3 Low-Cost Cryptos!

With Tether (USDT) holding strong as a stablecoin, many investors are searching for ways to multiply their USDT holdings by investing in low-cost cryptos with high growth potential.

02.10.2024 14:32 4 min. read Alexander Stefanov

Q3 2024: Crypto Hacks Decline in Number but Surge in Value

The third quarter of 2024 has seen a notable decline in the number of reported cryptocurrency hacks, yet the total value of stolen assets has surged.

02.10.2024 14:30 2 min. read Alexander Stefanov

Here is What Could Hinder Bitcoin’s Bull Market, According to Crypto Expert

A cryptocurrency analyst recently revealed a notable obstacle on the path of Bitcoin’s revival, that could negatively impact the token’s price trajectory.

02.10.2024 13:30 2 min. read Alexander Stefanov

Bitcoin ETFs See Largest Outflows Since September

On Tuesday, U.S. spot Bitcoin ETFs saw a notable outflow of $242.53 million, marking the largest single-day withdrawal since early September. This movement halted an eight-day streak of positive inflows.

02.10.2024 12:30 1 min. read Alexander Stefanov

Here is What the Recent Surge in Bitcoin Long Positions Indicates

A recent Datascope analysis shared via CryptoQuant showed that extreme swings in the ratio of long/short volume to open interest often signal major market reversals.

02.10.2024 11:00 1 min. read Alexander Stefanov

Bitcoin Mining Revenue Continues Downward Trend, Says JPMorgan

According to a JPMorgan report, in September the average Bitcoin (BTC) price and network mining rate rose slightly, while daily mining revenue and gross profits declined for the third consecutive month.

02.10.2024 9:30 1 min. read Alexander Stefanov

Dormant Bitcoin Wallet Holding $2.6M Revives After a Decade

A long-dormant Bitcoin wallet has been reactivated after more than 10 years, sparking interest in the crypto community.

02.10.2024 8:30 1 min. read Alexander Stefanov

Bitcoin Crashes to Almost $60,000 After Iran Bombs Israel

On Tuesday, Iran launched a missile attack on Israel in response to the recent killing of Hezbollah leader Hassan Nasrallah. The attack came after the U.S. warned that tensions in the region were likely to escalate.

02.10.2024 0:10 2 min. read Alexander Stefanov

BREAKING: Bitwise Submits XRP ETF Filing

A filing for a Bitwise XRP exchange-traded fund (ETF) has surfaced on the website of the State of Delaware’s Division of Corporations

01.10.2024 23:41 1 min. read Alexander Stefanov

Matrixport Strengthens European Presence with New Acquisition

Matrixport, a cryptocurrency financial services provider, is bolstering its European operations by acquiring the Swiss asset manager Crypto Finance.

01.10.2024 22:00 1 min. read Alexander Stefanov

Gold-Backed Token Surpasses $500 Million in Total Value

The gold-backed token has achieved a remarkable milestone, exceeding $500 million in total locked-in value (TVL) just months after its launch on July 9.

01.10.2024 20:00 1 min. read Alexander Stefanov

SoftBank Stock Soars on Potential $500 Million Investment in OpenAI

Shares of SoftBank Group Corp. surged on Tuesday following reports that the Japanese firm might participate in a significant funding round for OpenAI.

01.10.2024 18:00 1 min. read Alexander Stefanov

Japan Poised to Cut Crypto Taxes and Redefine Digital Assets by 2025

Japan’s Financial Services Agency (FSA) is preparing to reevaluate its crypto regulations, aiming to create a more investor-friendly environment by 2025, according to a Bloomberg report from Sept. 25.

01.10.2024 17:30 2 min. read Alexander Stefanov

272 Years of Sentences in Crypto Sector from 2019 to 2023

The cryptocurrency industry faces intensified legal scrutiny, with significant prison sentences handed down to prominent figures.

01.10.2024 16:30 1 min. read Alexander Stefanov

U.S. State Proposes Bill to Allow Bitcoin Payments for Taxes and Fees

Ohio State Senator Niraj Antani has proposed a new law that would allow residents to pay taxes and fees using Bitcoin and other cryptocurrencies.

01.10.2024 15:30 1 min. read Alexander Stefanov

Are We Going to See Ripple’s Stablecoin This Year?

The XRP community is buzzing with speculation about the upcoming release of Ripple’s stablecoin, RLUSD.

01.10.2024 15:00 2 min. read Alexander Stefanov

Bitcoin ETFs Continue Inflow Streak While Ethereum ETFs See Decline

Bitcoin spot ETFs in the U.S. maintained their positive streak on Monday, with net inflows reaching $61.3 million, marking eight straight days of gains.

01.10.2024 12:30 1 min. read Alexander Stefanov

U.K. With First-Ever Conviction for Operating Illegal Crypto ATM Network

A 45-year-old man, Olumide Osunkoya, has admitted to unlawfully managing a network of cryptocurrency ATMs, making it the first conviction of its kind in the U.K., as announced by the Financial Conduct Authority (FCA) on Monday.

01.10.2024 11:30 1 min. read Alexander Stefanov

Zuckerberg’s Wealth Soars to $201B as Meta Shifts Focus to AI and Metaverse

Mark Zuckerberg, the tech visionary behind Meta, now ranks as the fourth-richest individual globally with a fortune of $201 billion, thanks to the company’s pivot to metaverse technology and artificial intelligence.

30.09.2024 22:00 2 min. read Alexander Stefanov

Cardano Faces Challenges as Key Developer Leaves

A notable departure from the Cardano project has occurred as Vladimir Kalnitsky, a key developer behind the cardano-transaction-lib (CTL), has announced he is stepping away.

30.09.2024 20:30 1 min. read Alexander Stefanov

California Governor Vetoes Controversial AI Safety Bill

On September 30, California Governor Gavin Newsom vetoed the controversial artificial intelligence bill SB 1047.

30.09.2024 20:00 2 min. read Alexander Stefanov

Tron DAO Boosts Security After Major System Review

TRON DAO has successfully completed a thorough security evaluation of its Java-Tron client, conducted by ChainSecurity, a blockchain security firm.

30.09.2024 19:30 1 min. read Alexander Stefanov

Are Interest Rate Cuts from the ECB Looming in October?

Economists are now anticipating a 0.25% interest rate reduction from the European Central Bank (ECB) in October, moving away from prior predictions of a cut in December.

30.09.2024 18:00 1 min. read Alexander Stefanov

Upcoming October Token Unlocks Could Release $1.3 Billion in Crypto

Several cryptocurrency projects are set to make substantial token releases next month, notably Celestia, Sui, and Aptos, with a combined distribution of around $1.3 billion to their respective ecosystems.

30.09.2024 17:00 2 min. read Alexander Stefanov

Bitcoin Dips Amid Concerns Over Japan’s New Prime Minister

Bitcoin experienced a significant sell-off, dropping nearly 2.5% within the last 24 hours after Shigeru Ishiba was elected as Japan’s new prime minister.

30.09.2024 16:45 1 min. read Alexander Stefanov

Will Jerome Powell’s Upcoming Speech Influence Crypto Markets?

Jerome Powell, the Chair of the U.S. Federal Reserve, is set to speak at the National Association for Business Economics today, just ahead of the release of the U.S. nonfarm payrolls report on Friday.

30.09.2024 16:00 1 min. read Alexander Stefanov

Binance Pool Unveils New Merged Mining with LTC and DOGE Rewards

Binance Pool has introduced merged mining for Bellscoin (BEL), allowing participants to mine Litecoin (LTC) and earn additional rewards in LTC, Dogecoin (DOGE), and Bellscoin (BEL).

30.09.2024 14:00 1 min. read Alexander Stefanov

Is XRP’s Bullish Breakout a Sign of Confidence Amid SEC Uncertainty?

XRP has recently broken through the symmetrical triangle resistance at $0.605, signaling a bullish trend in the altcoin’s price movement, despite ongoing speculation about potential SEC appeals.

29.09.2024 21:00 1 min. read Alexander Stefanov

Did Hamster Kombat’s Airdrop Fall Short of Expectations?

Hamster Kombat, a popular game on Telegram that allows users to earn by tapping, recently launched its HMSTR token on several prominent exchanges.

29.09.2024 20:00 2 min. read Alexander Stefanov

What Could Indicate a Signal for Ethereum’s Price?

Ethereum has shown a remarkable price recovery in recent weeks, leading some analysts to suggest that this could be just the beginning of a promising trend for altcoin.

29.09.2024 17:30 2 min. read Alexander Stefanov

Coinbase Predicts Major Crypto Gains in the Coming Months

Coinbase, a leading US cryptocurrency exchange, believes digital assets are poised for significant appreciation in the coming months.

29.09.2024 17:00 1 min. read Alexander Stefanov

Crypto Whale Loses $32 Million in Shocking Scam

A significant crypto incident has led to the loss of over $32 million in tokens after a whale mistakenly executed a malicious transaction, according to blockchain security firm ScamSniffer.

29.09.2024 13:00 1 min. read Alexander Stefanov

FTX Creditors Stunned by Minimal Payouts as Bankruptcy Plan Unfolds

According to recently updated bankruptcy documents shared by FTX creditor Sunil Kavuri, those owed money from FTX can expect to recover only 10-25% of their cryptocurrency.

29.09.2024 9:00 1 min. read Alexander Stefanov

Senator Lummis Takes Aim at SEC, Demands Clear Crypto Rules

Cynthia Lummis, a U.S. Senator and pro-crpypto advocate, has criticized the SEC’s approach to cryptocurrency regulations, claiming it hinders the industry’s growth.

28.09.2024 20:00 2 min. read Alexander Stefanov

Crypto Expert Says Memecoins Are Ready for a Major Comeback

A prominent crypto expert, known for accurate altcoin predictions, is expressing optimism about memecoins.

28.09.2024 18:00 1 min. read Alexander Stefanov

Ethereum ETFs See Significant Surge as Institutions Offset Whale Sell-Offs

After a stretch of sluggish activity, spot Ethereum ETFs are seeing renewed momentum, largely attributed to increased liquidity following recent Federal Reserve rate cuts.

28.09.2024 16:00 1 min. read Alexander Stefanov

Crypto Platform Loses $2 Million in Hack and Offers Job to Thief

A recent security breach at the crypto liquid restaking platform Bedrock resulted in a loss of around $2 million due to a smart contract vulnerability in its uniBTC vaults.

28.09.2024 14:00 1 min. read Alexander Stefanov

Onyx Protocol’s $3.8 Million Hack: Insider Threats or External Attack?

Onyx Protocol recently suffered a significant exploit, resulting in a loss of $3.8 million.

28.09.2024 12:00 1 min. read Alexander Stefanov

Bitcoin Must Hold Above This Level to Preserve Momentum, Analytics Firm Warns

A cryptocurrency analytics firm recently revealed that major investors, often referred to as whales, have begun shorting Bitcoin (BTC) again as its price approaches $67,000.

28.09.2024 9:30 1 min. read Alexander Stefanov

Tornado Cash Co-Founder to Stand Trial as Judge Rejects Dismissal Plea

A U.S. federal judge has ruled that Roman Storm, co-founder of Tornado Cash, will face trial as his motions to dismiss the charges and compel discovery were denied.

28.09.2024 8:30 1 min. read Alexander Stefanov

Top Trader Predicts Significant Surge for These Altcoins

Popular crypto expert Sherpa has expressed bullish sentiments on a mid-cap Real World Asset (RWA) token, while also sharing thoughts on three other altcoins.

27.09.2024 22:00 1 min. read Alexander Stefanov

Top 20 Cryptos for Q4, According to Grayscale Investments

Grayscale revealed its top 20 cryptocurrencies for the fourth quarter of 2024, adding six new altcoins and emphasizing trends such as decentralized artificial intelligence and blockchain scalability.

27.09.2024 21:30 1 min. read Alexander Stefanov

Ethereum Whale Scores Massive Profit as ETH Surges Past $2,600

September brought surprising gains for the crypto market, with Ethereum rising above $2,600.

27.09.2024 18:15 1 min. read Alexander Stefanov

WazirX Hacker Nears Completion of $230M Laundering, Only $6M in Ethereum Left

The hacker responsible for stealing $230 million from WazirX in July is close to finishing laundering the funds, with only $6 million left in Ethereum (ETH), according to the Arkham Intelligence chain.

27.09.2024 18:00 1 min. read Alexander Stefanov

Memecoins Soar as Bitcoin Price Surges Past $66,000

The bullish santiment is prevailing within the Bitcoin market as we are witnessing major price surges across the board.

27.09.2024 17:49 2 min. read Alexander Stefanov

Is Hamster Kombat Set for a Comeback After Coinbase Listing?

Coinbase has officially added support for Hamster Kombat, a tap-to-earn game on Telegram, by listing its token, HMSTR, for perpetual futures trading.

27.09.2024 17:30 1 min. read Alexander Stefanov

Binance Launches Pre-Market Platform for Early Token Access

Binance, the leading global cryptocurrency exchange, has introduced its latest offering: the Binance Pre-Market platform.

27.09.2024 13:00 1 min. read Alexander Stefanov