Author Alexander Stefanov

In a remarkable leap for the cryptocurrency space, Bybit has proudly announced that it has surpassed 50 million registered users in just 40 days, reinforcing its status as a leading global crypto exchange.

In a recent letter to Securities and Exchange Commission (SEC) Chairman Gary Gensler, 42 US Congressmen urged the SEC to allow banks to offer cryptocurrency custody services.

eToro, a leading social trading platform, has expanded its crypto services in Germany by introducing spot trading through a new partnership with DLT Finance.

After a 15% rally in the last two weeks, Ethereum (ETH) is now stabilizing between $2,600 and $2,700.

Mt. Gox has moved a substantial amount of Bitcoin, sparking speculation about upcoming repayments to its customers.

The crypto market is full of potential movers this week, with Binance Coin (BNB) gearing up to break the $600 barrier, while Toncoin (TON) traders brace for a possible price drop.

Charles Hoskinson, the creator of Cardano (ADA), has sharply criticized the Ethereum (ETH) blockchain, likening it to a “dictatorship.” In a recent interview, he expressed concerns that Vitalik Buterin, Ethereum’s co-founder, holds excessive power over the network’s guidelines, which contradicts the decentralized principles Ethereum purports to uphold. Hoskinson pointed out that Cardano’s governance model, grounded […]

Following new regulations on crypto mining in Russia, Dagestan authorities have uncovered numerous illegal mining operations, prompting the regional prime minister to call for increased law enforcement efforts against these illicit activities amid rising electricity consumption.

Sky, previously known as MakerDAO, is reconsidering its stance on using Wrapped Bitcoin (WBTC) as collateral after a crucial meeting with BitGo CEO Mike Belshe.

Hamster Kombat (HMSTR), a play-to-earn (P2E) game on Telegram, is gaining significant traction as it nears its launch, thanks in part to Binance’s backing.

Australia is ramping up its efforts to regulate the cryptocurrency sector to enhance consumer protection and curb fraudulent practices.

A crypto trader recently made headlines by turning a small $135 investment into an astounding $1.2 million in just 15 days, thanks to a sharp rise in the value of a new token called Terminus.

A leading crypto exchange’s research division is alerting traders to monitor open interest (OI) while dealing with altcoins.

Quantitative analyst PlanB is predicting a significant breakout for Bitcoin (BTC), suggesting it may soon mimic the explosive price action seen in 2020.

The insolvent crypto lending platform Genesis appears to have started moving large sums of Ethereum (ETH).

During yesterday’s hearing, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler faced strong criticism from lawmakers, particularly GOP Majority Whip Tom Emmer, regarding the SEC’s handling of Digital Licensing Inc., also known as DebtBox.

In a surprising twist, House of Chimera reports that Bitcoin-supported MicroStrategy has outperformed major S&P 500 companies, including Apple, Microsoft, NVIDIA, and Amazon.

Caroline Ellison, former head of Alameda Research, has been sentenced to two years in prison for her involvement in the downfall of FTX, and is also required to forfeit $11 billion.

Turkey has decided against implementing taxes on gains from stock and cryptocurrency trading, as confirmed by Vice President Cevdet Yılmaz in a recent Bloomberg interview.

Hamster Kombat has banned 2.3 million users for cheating ahead of its HMSTR token airdrop, equivalent to the population of a city like Rome.

The Swedish Police Authority and the Financial Intelligence Unit (FIU) have labeled cryptocurrency exchanges as “professional money launderers (PML)” after evaluating services from unlicensed operators.

Bitcoin (BTC) is approaching its August 25 peak of $65,200, a key resistance level that may lead to prolonged consolidation, according to the latest Bitfinex Alpha report.

Caroline Ellison, the ex-CEO of Alameda Research, is scheduled for sentencing in a Manhattan federal court tomorrow.

The cryptocurrency market is on high alert as SEC Chair Gary Gensler prepares to testify before Congress this week.

Analysts suggest that Bitcoin and the broader cryptocurrency markets might be on the verge of a significant breakout if past cycles hold true.

On Monday, Ark Invest sold 44,609 shares of its spot Bitcoin exchange traded fund ARKB worth $2.8 million from its ETF Next Generation Internet (ARKW).

As the year ends, developments are emerging from the fallout of the FTX collapse, which was previously led by Sam Bankman-Fried.

After the SEC approved options trading for BlackRock’s Bitcoin ETF, discussions about Bitcoin yields reignited.

According to Matt Hougan, Chief Investment Officer at Bitwise, while widespread allocations of Bitcoin in client portfolios are still on the horizon, more financial advisors are now investing in cryptocurrency within their own personal portfolios.

The Celestia Foundation has secured $100 million in new funding, according to an official announcement.

Riot Platforms Inc. and Bitfarms have finalized a settlement after extensive and contentious negotiations concerning Riot’s earlier attempt to acquire Bitfarms.

Yesterday, Bitcoin ETFs had a mixed day, seeing a total of $4.5 million in overall activity.

Samson Mow, CEO of JAN3 and a prominent Bitcoin advocate in Asia, has urged the Japanese government to purchase 167,000 BTC following a recent conference focused on cryptocurrency adoption.

Despite a nationwide ban on cryptocurrencies, Chinese Bitcoin miners continue to dominate the global network.

A recent 50 basis point interest rate cut by the Federal Reserve is seen by some as a move to support Kamala Harris’ presidential campaign.

Elaine Hetrick, chief administrative officer at Silvergate Capital Corporation, has revealed in a bankruptcy filing that the bank’s closure in March 2023 was triggered by sudden regulatory changes.

On September 16, 2024, the Bank for International Settlements (BIS) announced the participation of over 40 private companies in the Agorá project, including major players like JPMorgan Chase, Deutsche Bank, Visa, and Mastercard.

On Monday, investor interest surged for a blockchain-based game and DeFi protocol as its token price skyrocketed nearly 37%.

Bybit’s local branch in Turkey has officially been recognized as a Crypto Asset Service Provider by the Capital Markets Board (CMB), marking a major milestone for the popular cryptocurrency exchange.

Australian regulators are preparing new laws that will require crypto exchanges to secure a financial services license, according to reports from The Australian Financial Review (AFR).

Jeff Park, the head of alpha strategies at Bitwise Asset Management, argues that Bitcoin ETF options are unlikely to diminish Bitcoin’s inherent volatility.

Elon Musk’s Tesla has been the center of attention these past few years with its astronomical gains, that positioned it as a top investment in most porfolios.

Two users of the OpenSea platform have initiated a class action lawsuit in a Florida court, claiming the NFT marketplace is involved in the sale of unregistered securities.

The FBI have apprehended two individuals linked to a significant Bitcoin heist, where a single victim reportedly lost around $250 million in digital currency.

VanEck CEO Jan van Eck has made an ambitious forecast for Bitcoin, suggesting that BTC could mature to capture half of gold’s total market capitalization.

Tether’s USDT, the largest stablecoin, continues to strengthen its market position, with its market capitalization nearing $120 billion for the first time.

The competition in Bitcoin (BTC) mining has escalated recently, with China taking the lead over the United States.

Vice President Kamala Harris, the Democratic candidate for the upcoming presidential election in November, recently spoke at a Wall Street fundraiser where she addressed the cryptocurrency industry for the first time.

The crypto market is buzzing with excitement as Cardano (ADA), Floki (FLOKI), and Polygon (POL) are set to make waves in Q4 of 2024.

Pro-XRP attorney John Deaton, who has secured the Republican nomination for a Massachusetts Senate seat, will face off against Democratic Senator Elizabeth Warren in a highly anticipated debate on October 15, 2024.

Coinbase is preparing to launch its cbBTC token on the Solana blockchain, according to the company’s Singapore director, Hassan Ahmed, during the Solana Breakpoint 2024 event.

Ripple Chairman Chris Larsen has recently moved 20 million XRP as part of a larger shuffle involving 50 million tokens.

The Pyth Network has introduced Oracle Integrity Staking (OIS), a feature designed to enhance accountability among data sources by implementing staking rewards and penalties.

BNB Chain has announced its integration with Telegram, enhancing accessibility to Web3 for both users and developers.

Tensions surrounding the Ripple vs. SEC lawsuit are intensifying as discussions about a potential appeal gain traction.

Circle is preparing for its initial public offering (IPO) and is set to relocate its headquarters to Wall Street in 2025, according to CEO Jeremy Allaire.

PancakeSwap, a decentralized exchange, has reached $836 billion in cumulative trading volume and holds about $1.72 billion in total value locked (TVL) after four years of operation.

A Bitcoin miner wallet, inactive for 15.7 years, recently came to life, transferring 50 BTC—valued at approximately $3.05 million—into another wallet.

Recent data reveals that Bhutan has unexpectedly taken the lead in state-held Bitcoin (BTC) reserves, boasting $782.46 million, significantly outpacing El Salvador, which holds $351.75 million.