Author Alexander Stefanov

Investors Await Fed Rate Decision as Bitcoin Shows Potential for Q4 Gains

Cryptocurrency investors are closely watching the Federal Reserve’s interest rate decision set for tomorrow.

17.09.2024 20:00 1 min. read Alexander Stefanov

Bitcoin Soars to $61,000 – Crypto Market in the Green

Bitcoin and the crypto market as a whole experienced a swift recovery this past day, with most prices being in the green.

17.09.2024 18:59 2 min. read Alexander Stefanov

BlackRock’s IBIT Bitcoin ETF Sees First Net Inflow in Three Weeks

BlackRock’s IBIT Bitcoin ETF recorded its first daily net inflow in three weeks, bringing in $15.8 million.

17.09.2024 18:44 1 min. read Alexander Stefanov

Crypto Trader Earns 100x Return with This Memecoin

A cryptocurrency trader recently achieved a staggering 100-fold return by investing in the meme coin First Neiro (NEIRO).

17.09.2024 18:30 2 min. read Alexander Stefanov

Grayscale Bitcoin Trust Faces Continued Withdrawals as ETF Inflows Rise

Grayscale Investments’ Bitcoin Trust (GBTC) is still experiencing investor withdrawals, with an additional $20.8 million pulled out on Monday, as reported by Farside Investors.

17.09.2024 17:30 1 min. read Alexander Stefanov

Former Celsius CEO Alex Mashinsky Seeks Witnesses for Upcoming Trial

Alex Mashinsky, the former CEO of Celsius serving a 100-year prison sentence, is seeking the testimony of six ex-employees as part of his criminal case.

17.09.2024 16:30 2 min. read Alexander Stefanov

BlackRock Doubts Fed Will Cut Rates as Deeply as Markets Expect

BlackRock Investment Institute is skeptical about the Federal Reserve implementing as many rate cuts as the bond market anticipates.

17.09.2024 16:00 2 min. read Alexander Stefanov

Bitcoin Whales Show Confidence Despite Price Drop, Says CryptoQuant Report

CryptoQuant, a leading cryptocurrency analytics firm, has released a new report examining Bitcoin whale activity, revealing differing behaviors among new and long-term investors, miners, and traders.

17.09.2024 15:30 2 min. read Alexander Stefanov

BitGo Launches New Platform for Managing Web3 Tokens

BitGo, a leading U.S. cryptocurrency custodian, has introduced a new platform for managing and safeguarding native tokens used in Web3 protocols.

17.09.2024 15:00 1 min. read Alexander Stefanov

Singapore’s Largest Bank Unveils Crypto Trading Options for Institutional Investors

DBS Bank in Singapore is preparing to roll out new investment options for institutional clients, allowing them to engage in crypto options trading and structured notes.

17.09.2024 14:17 1 min. read Alexander Stefanov

MicroStrategy Plans $700 Million Convertible Note Offering to Boost Bitcoin Holdings

MicroStrategy, a prominent enterprise analytics and Bitcoin investment firm, has revealed plans to issue $700 million in convertible senior notes due in 2028 through a private placement.

17.09.2024 14:00 1 min. read Alexander Stefanov

Justin Sun Predicts TRON Will Join Top 3 Cryptos Within Two Years

TRON’s founder, Justin Sun, envisions the cryptocurrency climbing to the top three alongside Bitcoin and Ethereum within the next two years.

17.09.2024 13:30 1 min. read Alexander Stefanov

Former SEC Officials to Testify on Agency’s Crypto Regulation at Congressional Hearing

Former senior officials from the U.S. Securities and Exchange Commission (SEC) are preparing to testify at a congressional hearing scrutinizing the agency’s approach to regulating cryptocurrencies.

17.09.2024 13:00 2 min. read Alexander Stefanov

This Crypto Could Revolutionize Traditional Finance and Surpass Solana

Arthur Hayes, the founder of BitMEX, has recently praised Aptos (APT) for its potential to address various inefficiencies in the traditional finance (TradFi) sector.

17.09.2024 12:00 1 min. read Alexander Stefanov

Crypto Industry is Turning into a ‘Gambling Den’, According to CryptoQuant CEO

Ki Young Ju, CEO of the analytics firm CryptoQuant, has expressed worry about the current state of the digital asset industry.

17.09.2024 11:30 1 min. read Alexander Stefanov

Early Bitcoin Miner’s Historic $1.47 Billion Theft That Shocked the Crypto World

Since Bitcoin’s inception in 2009, it initially struggled to gain recognition as a groundbreaking technology, often being dismissed as a scam or fraud.

17.09.2024 11:00 2 min. read Alexander Stefanov

This Surprising Country Emerged as Major Bitcoin Holder with $780 Million in BTC

Bhutan has emerged as a significant player in the Bitcoin market, holding approximately 13,011 BTC, valued at around $780 million.

17.09.2024 10:30 2 min. read Alexander Stefanov

Bitcoin Holders Retain Assets as Exchange Activity Drops

Bitcoin (BTC) continues to struggle with breaking the $60,000 threshold, but this has not led to a sell-off among holders.

17.09.2024 10:00 1 min. read Alexander Stefanov

Senators Push Fed for 0.75% Rate Cut to Prevent Recession

A group of Democratic senators, led by Elizabeth Warren, is pressing Federal Reserve Chair Jerome Powell to implement a significant reduction in interest rates to protect the U.S. economy.

17.09.2024 9:30 1 min. read Alexander Stefanov

Bitcoin May Surge as Analyst Predicts Major Fed Rate Cut and Market Shake-Up

Renowned crypto analyst Doctor Profit has made bold predictions about the Federal Reserve’s upcoming meeting on September 18.

16.09.2024 22:00 2 min. read Alexander Stefanov

Wall Street Expands Into Crypto Despite High Costs and Regulatory Hurdles

Wall Street firms are expected to keep expanding into crypto, despite growing competition and minimal correlation between Bitcoin and traditional indices like the S&P 500 and Nasdaq.

16.09.2024 18:00 1 min. read Alexander Stefanov

Crypto Whale Exits Market After Major Loss on Maker Investment

Recent onchain data revealed that a major cryptocurrency investor, often referred to as a “whale,” has taken a significant financial hit on an altcoin investment and fully exited the market.

16.09.2024 17:00 1 min. read Alexander Stefanov

Gloomy Outlook for U.S. Economy from JPMorgan CEO

JPMorgan Chase CEO Jamie Dimon recently raised concerns about the U.S. economy, citing the potential impact of inflation and increasing deficits.

16.09.2024 16:00 1 min. read Alexander Stefanov

Bitcoin Might Drop Below $58,000, According to Popular Economist

A well-known critic of Bitcoin, Peter Schiff, has once again predicted a sharp decline in the cryptocurrency’s value, suggesting it could fall below $58,000.

16.09.2024 15:00 1 min. read Alexander Stefanov

Revolut CEO Sells Up to $300 Million in Shares

Nik Storonsky, the founder and CEO of fintech powerhouse Revolut, has reportedly offloaded shares valued between $200 million and $300 million in the company.

16.09.2024 12:00 1 min. read Alexander Stefanov

Hacker Group Loses $5 Million in Frozen Stablecoins

The notorious hacking group known for its crypto thefts has lost access to nearly $5 million in stablecoins, following actions taken by stablecoin issuers to freeze the funds.

16.09.2024 10:00 2 min. read Alexander Stefanov

Coinbase CEO Addresses Concerns Over Bitcoin ETF Management

Coinbase CEO Brian Armstrong has addressed concerns raised by the cryptocurrency community regarding the company’s handling of Bitcoin ETFs.

16.09.2024 9:30 2 min. read Alexander Stefanov

Fed Upcoming Meeting Set to Trigger Stock Market Surge

Tom Lee of Fundstrat is forecasting a strong performance for the stock market in the coming weeks, following the conclusion of the Federal Open Market Committee (FOMC) meeting.

16.09.2024 9:00 2 min. read Alexander Stefanov

Altcoin Crash Looming? Analyst Predicts Major Drop by Year-End 2024

A prominent crypto analyst has issued a warning, suggesting that the remainder of 2024 doesn’t bode well for altcoins.

16.09.2024 8:30 2 min. read Alexander Stefanov

Tether Is the Biggest Crypto Scam Ever, Warns Cyber Capital Founder

In a recent fiery discussion on X, Justin Bons, founder of Cyber Capital, has unleashed strong criticism against Tether, calling it the largest fraud in the cryptocurrency world.

16.09.2024 8:00 2 min. read Alexander Stefanov

US Companies Set Record for Debt Issuance Amid Growing Risks

American companies are setting new records for debt issuance, aiming to mitigate potential future risks.

15.09.2024 22:00 1 min. read Alexander Stefanov

Circle Will Move Global Headquarters to New York by 2025

Circle, the company behind the USDC stablecoin, is set to relocate its global headquarters to New York City by 2025.

15.09.2024 21:00 1 min. read Alexander Stefanov

Elon Musk’s SpaceX Reveals Bitcoin Holdings Amid Ambitious Mars Mission

Recent data from Arkham Intelligence reveals that SpaceX, the aerospace company founded by tech billionaire Elon Musk, holds a substantial amount of Bitcoin.

15.09.2024 17:00 1 min. read Alexander Stefanov

Top Crypto Investor Loses $40M After Risky DeFi Bets

Top crypto investor James Fickel, with a net worth of approximately $400 million, recently lost over $40 million through a series of leveraged trades.

15.09.2024 10:00 1 min. read Alexander Stefanov

UK Court Labels Tether’s USDT as Property: What This Means for Crypto Adoption and Regulation

The recent ruling by England’s High Court of Justice has declared Tether’s USDT stablecoin as a form of property, a decision that could significantly influence its future trajectory.

15.09.2024 9:00 2 min. read Alexander Stefanov

Here is What You Should Know About Ethereum’s Pectra Upgrade

Ethereum’s Pectra upgrade represents a significant shift for the network, as it tackles both technical improvements and scalability issues that have been critical points of discussion in the Ethereum community.

15.09.2024 8:00 2 min. read Alexander Stefanov

Tokenized Asset Market Soars to $12 Billion: What’s Driving the Surge?

The tokenized real-world asset (RWA) market has experienced significant growth, with its value doubling to reach $12 billion in the past year, as reported by cryptocurrency exchange Binance.

14.09.2024 19:00 1 min. read Alexander Stefanov

Bithumb’s Ex-CEO Faces New Charges Over Crypto Listings

Prosecutors have introduced new internal documents from Bithumb in their ongoing case against Lee Sang-joon, the exchange’s former CEO.

14.09.2024 18:00 1 min. read Alexander Stefanov

Aptos Shows Significant Activity in a Sluggish Crypto Market

The Layer 1 blockchain Aptos is showing growth even as the broader crypto market remains subdued.

14.09.2024 16:00 1 min. read Alexander Stefanov

August Sees Significant Growth in Blockchain Gaming

Blockchain gaming reached a notable peak in August with 4.2 million daily active users, as reported by DappRadar.

14.09.2024 14:00 1 min. read Alexander Stefanov

FoxLetFun (FLF)’s Unique Approach: Riding the Wave of Polygon’s Upgrade and Memecoin (MEME)’s Popularity

As the cryptocurrency market continues to evolve, several coins are standing out for their innovative approaches and timely moves.

14.09.2024 11:45 4 min. read Alexander Stefanov

SEC Backpedals on ‘Crypto Asset Securities’ Term in Binance Case

The U.S. Securities and Exchange Commission (SEC), known for scrutinizing crypto companies over their treatment of “crypto asset securities,” has recently clarified that it never intended to suggest that the tokens themselves are securities.

14.09.2024 11:00 1 min. read Alexander Stefanov

Binance Launches Hamster Kombat on Launchpool, Offering Token Rewards

Binance is gearing up to launch its 58th project on the Launchpool, featuring Hamster Kombat (HMSTR).

14.09.2024 10:00 2 min. read Alexander Stefanov

Sam Bankman-Fried Appeals Fraud Conviction, Claims Unfair Trial

Sam Bankman-Fried, the former CEO and co-founder of FTX currently serving a prison sentence, has filed an appeal seeking to overturn his fraud conviction, according to court documents submitted on Friday.

14.09.2024 9:30 2 min. read Alexander Stefanov

World ID Launches on Solana Blockchain Amid Regulatory Concerns

World ID, the verification service powered by the Worldcoin Orb, has officially launched on the Solana (SOL) blockchain, thanks to the integration of the Wormhole interoperability protocol.

14.09.2024 9:00 2 min. read Alexander Stefanov

Gold Hits New Record High While Bitcoin Remains Below Its Peak

Recent data reveals that Bitcoin and gold have moved in opposite directions recently.

14.09.2024 8:30 2 min. read Alexander Stefanov

Bitcoin Breaks $60,000 as MicroStrategy Makes a Major Purchase

On Friday, business intelligence firm MicroStrategy announced it had acquired 18,300 BTC, valued at $1.11 billion, as noted in a filing with the US SEC.

14.09.2024 8:00 1 min. read Alexander Stefanov

Ripple Moved 150 Мillion XRP to an Unknown Wallet

Ripple Labs, the well-known crypto payments company, recently made a significant transfer of XRP to an unknown wallet, sparking concerns and speculation in the community about the purpose of the transfer.

14.09.2024 7:00 1 min. read Alexander Stefanov

Failed Crypto Project Leads to Investor Refunds

Adam Neumann, the former CEO of WeWork, is back in the news due to the collapse of his crypto venture, Flowcarbon.

13.09.2024 21:00 1 min. read Alexander Stefanov

Crypto Exchange CEX.IO Resumes UK Operations Amid Regulatory Changes

Cryptocurrency exchange CEX.IO has officially recommenced its services in the UK, following a compliance overhaul to meet the Financial Conduct Authority’s (FCA) new regulations.

13.09.2024 20:00 1 min. read Alexander Stefanov

Anthony Scaramucci Talks Meeting with Michael Saylor and New Bitcoin Book

Anthony Scaramucci, CEO of SkyBridge Capital, recently shared details about an informal meeting with Michael Saylor, co-founder of MicroStrategy.

13.09.2024 19:00 1 min. read Alexander Stefanov

Standard Chartered Launches Digital Asset Custody Service in UAE

Standard Chartered, a major player in financial services, is launching a new digital asset custody service in the UAE after receiving regulatory approval.

13.09.2024 18:00 1 min. read Alexander Stefanov

FTX-Linked Wallet Moves $23.75 Million in Solana Tokens – What Could It Mean?

An FTX-linked wallet has recently redeemed 177,693 SOL tokens from the Solana network, drawing significant attention.

13.09.2024 16:00 1 min. read Alexander Stefanov

Here’s What Could Widen the Gap Between Bitcoin and Ethereum

Fidelity’s latest report anticipates that the growing use of stablecoins on Ethereum will deepen the technological and functional gap between it and Bitcoin, as well as other layer-1 blockchain platforms.

13.09.2024 15:00 1 min. read Alexander Stefanov

Caroline Ellison Aims to Avoid Jail by Highlighting Cooperation with FTX Investigation

Caroline Ellison, former CEO of Alameda Research, is seeking to avoid a prison sentence as her court date approaches.

13.09.2024 14:00 1 min. read Alexander Stefanov

Robinhood Stock Surges After Bernstein’s Positive Growth Forecast

Following a Bernstein report forecasting substantial growth, Robinhood’s stock has risen by over 4%.

13.09.2024 14:00 2 min. read Alexander Stefanov

Vitalik Buterin Explains Recent ETH Sales and New Layer 2 Guidelines

Vitalik Buterin, co-founder of Ethereum, has recently clarified the reasons behind his significant ETH sales amid growing community speculation.

13.09.2024 13:00 2 min. read Alexander Stefanov

Federal Judge Dismisses Lawsuit Against Atomic Wallet

A U.S. federal judge has dismissed a class-action lawsuit against Atomic Wallet, citing a lack of jurisdiction over the Estonian company.

13.09.2024 12:00 1 min. read Alexander Stefanov

CleanSpark Expands with Seven New Mining Facilities

CleanSpark has recently acquired seven established Bitcoin mining facilities in East Tennessee, aiming to consolidate its operations in the region.

13.09.2024 11:00 1 min. read Alexander Stefanov