Author Alexander Stefanov

Bitcoin Set for Rebound? Arthur Hayes Blasts Federal Reserve Policies

Arthur Hayes, co-founder and former CEO of BitMEX, is cautiously optimistic about Bitcoin’s potential rebound after a tough period.

09.09.2024 11:00 2 min. read Alexander Stefanov

Analyst Predicts Major Gains Ahead for Crypto Market Despite Current Downturn

A well-known analyst and trader is optimistic that the major gains of the current crypto bull market are still ahead.

09.09.2024 10:00 1 min. read Alexander Stefanov

Tether CEO Explains Gold-Backed Synthetic Dollar Strategy

In a recent discussion with Bloomberg, Tether CEO Paolo Ardoino highlighted the rationale behind choosing gold as the collateral for their new synthetic dollar, aUSDT.

09.09.2024 9:30 2 min. read Alexander Stefanov

Polymarket Speculation Rises as Traders Anticipate Possible Token Launch and Airdrop

There is growing speculation that the Polymarket platform may launch its own token and possibly hold an airdrop event, although the team has yet to officially announce such plans.

09.09.2024 8:30 1 min. read Alexander Stefanov

Investors Shift to Stablecoins as Crypto Market Faces Uncertainty

The crypto market is currently witnessing a significant shift in liquidity as investors transfer large amounts of capital into stablecoins amid growing uncertainty.

09.09.2024 8:00 1 min. read Alexander Stefanov

FLOKI and PEPU Meet Their Match: FoxLetFun Sets the Crypto World Ablaze!

As September heats up, a new contender has entered the ring, capturing attention across the cryptocurrency landscape.

09.09.2024 8:00 5 min. read Alexander Stefanov

Ripple CEO’s Recent Bloomberg Interview: Key Takeaways

Ripple CEO Brad Garlinghouse recently provided an update on the company’s future plans and the broader crypto landscape, revealing both optimistic and cautious perspectives.

08.09.2024 21:00 2 min. read Alexander Stefanov

Is Nvidia a Good Buying Opportunity at the Moment?

Last Friday, Nvidia’s stock continued its downward trend, dropping more than 4% to $102.83.

08.09.2024 20:00 1 min. read Alexander Stefanov

BNY Mellon CEO on Crypto’s Rise: Can the Dollar Stay on Top?

Despite the growing prominence of cryptocurrencies, Bank of New York Mellon CEO Robin Vince is confident that the US dollar will retain its lead in the global financial arena.

08.09.2024 19:00 2 min. read Alexander Stefanov

FTX Customers Awaiting Payouts: What to Expect

The saga of the FTX cryptocurrency exchange, which once boasted a valuation of $32 billion, is nearing its conclusion. As both criminal and bankruptcy proceedings wrap up, former FTX users are eagerly awaiting the return of their funds.

08.09.2024 18:00 2 min. read Alexander Stefanov

Tron Network Set for Major Transformation, According to Justin Sun

Justin Sun, the founder of Tron (TRX) and a prominent figure in the cryptocurrency world, has announced upcoming major changes to the Tron network.

08.09.2024 17:00 1 min. read Alexander Stefanov

US Debt Crisis Continues to Grow – $680 Million Added Since June

The US national debt has surged by more than $680 billion in just three months, climbing from approximately $34.6 trillion on June 3rd to around $35.3 trillion by September 3rd.

08.09.2024 15:00 1 min. read Alexander Stefanov

Bitcoin and Altcoins Struggle – What to Expect in September?

In the third quarter, the cryptocurrency market experienced its most significant downturn of the year. Bitcoin (BTC), the sector’s leading asset, saw its value drop to $52,598.70, marking an 8% decline in August that has extended into September.

08.09.2024 14:00 2 min. read Alexander Stefanov

What Investors Need to Know About Solana (SOL) Right Now

Crypto analyst Ali Martinez has forecasted that Solana (SOL), the fifth-largest cryptocurrency by market cap, might be approaching a notable price correction.

08.09.2024 13:00 2 min. read Alexander Stefanov

Bitcoin vs. Gold: Two Experts Clash Over Investment Value

The debate between Bitcoin (BTC) and gold as investment assets has reignited with legendary trader Peter Brandt and longtime crypto critic Peter Schiff exchanging views.

08.09.2024 12:00 2 min. read Alexander Stefanov

Bitcoin Bull Market Could Extend Until Late 2025, Analyst Suggests

Cryptocurrency analyst Rekt Capital has presented a compelling analysis indicating that Bitcoin’s current bull market might last until October 2025.

08.09.2024 11:00 1 min. read Alexander Stefanov

Fear is Dominating the Market, Investor Sentiment Plummets

The recent collapse of the crypto market has pushed investor sentiment into the “extreme fear” zone relative to Bitcoin’s fear and greed index.

08.09.2024 10:00 1 min. read Alexander Stefanov

Michael Saylor Issues Statement Amid Bitcoin Price Decline

As Bitcoin’s price continues to experience significant pressure, MicroStrategy’s Michael Saylor has delivered a strong message to the crypto community:

08.09.2024 9:30 2 min. read Alexander Stefanov

Cardano (ADA) Sees Increased Activity, But Price Remains Flat

Recently, previously inactive Cardano (ADA) coins were moved, coinciding with a surge in daily active addresses and increased trading activity.

08.09.2024 9:00 1 min. read Alexander Stefanov

Coinbase Adds Trending New Crypto Project to Listing Roadmap

Coinbase has added a new token from an Ethereum layer-2 scaling solution to its listing roadmap, potentially paving the way for the asset to be traded on the leading U.S. crypto exchange.

08.09.2024 8:30 1 min. read Alexander Stefanov

Grayscale’s Crypto ETFs See Significant Asset Decline After Majro Outflows

Grayscale’s cryptocurrency investment products, particularly its Ethereum and Bitcoin ETFs, have seen a notable decline in assets. Recent figures indicate that Grayscale’s total holdings have dipped below $20 billion.

08.09.2024 8:00 1 min. read Alexander Stefanov

New Android Malware Exploits Screenshots to Steal Private Keys

McAfee has discovered a new Android malware called SpyAgent that can steal private keys stored in screenshots and photos on smartphones.

07.09.2024 23:00 2 min. read Alexander Stefanov

Warren Buffett’s Crypto Gift from Justin Sun Surges 1,000% in Value by 2024

In 2020. Justin Sun, the founder of the Tron blockchain, made headlines by gifting 1,930,830 TRX tokens to famous American investor Warren Buffett.

07.09.2024 22:00 1 min. read Alexander Stefanov

OpenAI Business User Base Surpasses 1 Million, Grows 67% Since April

The OpenAI business segment, which includes the ChatGPT Enterprise, Team and Edu products, has increased its paid user base by nearly 67% since April, surpassing one million users as of September 5.

07.09.2024 21:00 1 min. read Alexander Stefanov

Coinbase Scores an Important Partial Victory Against the SEC in Court

Coinbase has scored a partial victory in its legal battle against the US Securities and Exchange Commission (SEC), potentially gaining access to important documents related to the agency’s classification of tokens as securities.

07.09.2024 20:00 1 min. read Alexander Stefanov

Here Are the Factors That May Have Contributed to the Bitcoin Price Drop

The price of Bitcoin (BTC) saw a significant drop, falling over 9% and dropping below $53,000 for the first time in over a month late Friday evening.

07.09.2024 19:00 1 min. read Alexander Stefanov

Dogecoin Foundation Unveils Major Roadmap Update

The Dogecoin Foundation has announced a significant update to its development roadmap, with the highlight being Project Sakura, a protocol upgrade designed to increase the speed and size of blocks tenfold while ensuring optimal decentralization.

07.09.2024 18:00 1 min. read Alexander Stefanov

Top Asset Manager Withdraws Application for Spot Ethereum ETF

Asset manager WisdomTree has asked the U.S. Securities and Exchange Commission (SEC) to withdraw its S-1 application for a spot Ethereum exchange-traded fund (ETF), more than three years after it was originally filed.

07.09.2024 17:00 1 min. read Alexander Stefanov

India to Approve Two More Offshore Crypto Exchanges

India’s Financial Intelligence Unit (FIU) is considering the reactivation of operations for two additional international crypto exchanges.

07.09.2024 16:00 2 min. read Alexander Stefanov

Binance Poised to Become Kazakhstan’s First Fully Regulated Crypto Exchange

Binance is on track to become Kazakhstan’s first fully regulated cryptocurrency exchange.

07.09.2024 15:00 1 min. read Alexander Stefanov

Here’s How Much the Fed Might Cut Rates, According to JP Morgan

The Federal Reserve is expected to lower interest rates, which could benefit Bitcoin (BTC) and other cryptocurrencies.

07.09.2024 14:00 1 min. read Alexander Stefanov

Cardano Set for Short-Term Turbulence but Poised for Big Gains, Expert Warns

Crypto analyst Dan Garbadello has warned Cardano (ADA) investors to brace for potential market volatility amid economic signs of a looming recession.

07.09.2024 12:00 2 min. read Alexander Stefanov

Russia Aims to Bypass Western Sanctions with Crypto, Says Chainalysis

Blockchain analytics firm Chainalysis reports that the Central Bank of Russia (CBR) is spearheading efforts to incorporate cryptocurrency into the country’s financial infrastructure, aiming to facilitate cross-border transactions and bypass Western sanctions.

07.09.2024 11:00 1 min. read Alexander Stefanov

Why Crypto Micropayments Are Essential for AI’s Financial Future

As artificial intelligence continues to evolve, analysts at Bernstein emphasize that integrating cryptocurrency micropayments is crucial to avoid financial limitations in the AI sector.

07.09.2024 10:00 1 min. read Alexander Stefanov

Ripple Co-Founder Chris Larsen Endorses Kamala Harris for 2024 Presidential Election

Chris Larsen, co-founder of Ripple, has added his name to a distinguished list of business leaders endorsing Vice President Kamala Harris for the 2024 presidential election.

07.09.2024 9:30 1 min. read Alexander Stefanov

Tron (TRX): Analyst Predicts Short-Term Dip Despite Long-Term Strength

A cryptocurrency analyst is growing optimistic about Tron (TRX) after its value surged by over 20% in the past month.

07.09.2024 9:00 1 min. read Alexander Stefanov

Here’s How Much Bitcoin (BTC) Was Mined in Russia in 2023

According to Sergey Bezdelov, director of the Industrial Mining Association, approximately 54,000 Bitcoin (BTC) tokens worth about $3 billion were mined in Russia in 2023.

07.09.2024 8:30 1 min. read Alexander Stefanov

Fed Likely to Opt for Small Rate Cut, No Major Reductions Expected

Despite investor hopes, the Federal Reserve is unlikely to implement substantial rate cuts in the near future.

07.09.2024 8:00 1 min. read Alexander Stefanov

VanEck to Liquidate Ethereum Futures ETF Amid Waning Interest

VanEck, a leading investment management firm, has announced plans to close and liquidate its Ethereum Futures ETF (EFUT), signaling a significant setback for Ethereum (ETH) as it navigates a volatile market.

07.09.2024 7:00 1 min. read Alexander Stefanov

Bitcoin Crashes Below $53,000 – Stock Market Faces Worst Week in 18 Months

This week has been bearish for the crypto market and Friday was no exception. Today, Bitcoin and most altcoins experienced significant declines, following the U.S. jobs report.

07.09.2024 0:03 2 min. read Alexander Stefanov

Monochrome Applies for Ethereum ETF Listing on Cboe Australia

On September 5, Monochrome Asset Management applied to list the Ethereum exchange traded fund (ETF) on Cboe Australia using the ticker IETH.

06.09.2024 23:00 1 min. read Alexander Stefanov

UK Rejects 87% of Crypto License Applications

The UK’s Financial Conduct Authority (FCA) granted crypto licenses to just four out of 35 applicants for the year ending March 31, 2024, rejecting 87% of submissions.

06.09.2024 22:00 1 min. read Alexander Stefanov

Telegram Removes FAQ Section on Private Chat Moderation Amid Controversy

Late on Thursday, Telegram users noticed that the app had changed its frequently asked questions (FAQ) by removing a section for moderating private group chats.

06.09.2024 21:30 1 min. read Alexander Stefanov

Former Hedge Fund Manager Criticizes Fed, Backs Trump’s Potential Crypto Policies

Former hedge fund manager and Republican politician Vivek Ramaswamy has sharply criticized the Federal Reserve and U.S. regulatory practices.

06.09.2024 21:00 1 min. read Alexander Stefanov

Donald Trump Vows to Make U.S. the Global Crypto Hub

On September 5, at the Economic Club of New York, former President Donald Trump reiterated his commitment to the cryptocurrency sector and proposed that Elon Musk lead a new government task force if he wins the presidency.

06.09.2024 20:30 1 min. read Alexander Stefanov

Bitcoin at Risk of $46,000 Drop: Expert Warns of Major Price Shift

Thursday’s crypto market witnessed a significant shake-up, with $100 million in liquidations recorded in just one day, primarily impacting long positions.

06.09.2024 20:00 2 min. read Alexander Stefanov

Riot Platforms Boosts Bitcoin Holdings but Faces Production Drop

Riot Platforms has increased its Bitcoin reserves to more than 10,000 coins, marking a 37% rise from last year.

06.09.2024 19:30 1 min. read Alexander Stefanov

Trump Media’s Stock Plummets Almost 70%, Wiping Out Billions

Trump Media & Technology Group (DJT), which operates Truth Social, has seen its stock value drop dramatically by 69% since its debut in March.

06.09.2024 19:00 1 min. read Alexander Stefanov

Large Shiba Inu Transactions Decrease Dramatically

According to IntoTheBlock’s latest data, there has been a significant decline in large transactions involving the popular Shiba Inu (SHIB) cryptocurrency meme.

06.09.2024 18:45 1 min. read Alexander Stefanov

Vitalik Buterin Announces Donation of Layer-2 Tokens to Support Ethereum Ecosystem

Ethereum co-founder Vitalik Buterin has addressed speculation regarding his recent crypto transactions, revealing that he plans to donate all Layer-2 and other project tokens to support public goods within the Ethereum ecosystem.

06.09.2024 18:30 1 min. read Alexander Stefanov

Ripple Shifts $54M in XRP as SEC Prepares Appeal

On Friday, Ripple, a prominent American blockchain payments firm, executed a significant transfer of 100 million XRP, valued at approximately $54 million.

06.09.2024 18:00 1 min. read Alexander Stefanov

Bitcoin May Surge in Q4, Analyst Predicts Strong Finish for 2024

Jamie Coutts from Real Vision, a well-known crypto analyst, suggests that Bitcoin could see significant gains by the end of the year as market conditions improve.

06.09.2024 17:30 1 min. read Alexander Stefanov

Peter Schiff Criticizes Bitcoin ETFs Amid Ongoing Outflows

Peter Schiff, a prominent investor and renowned Bitcoin hater, has criticized BTC ETFs, arguing that their recent performance reveals a misguided enthusiasm.

06.09.2024 17:15 1 min. read Alexander Stefanov

Top Japanese Banks Test Cross-Border Stablecoin Transfers

Japan’s major banks—MUFG, SMBC, and Mizuho—are gearing up to test a cross-border stablecoin transfer platform, aiming to speed up international payments for businesses.

06.09.2024 17:00 1 min. read Alexander Stefanov

US Jobs Report Misses Mark: August Figures Fuel Fed Rate Cut Speculation

In August, the U.S. job market grew at a slower pace than anticipated, adding 142,000 positions compared to the forecasted 161,000. This figure represents a drop from July’s 89,000 new jobs.

06.09.2024 16:10 1 min. read Alexander Stefanov

Top Crypto Project Founder Sells His Tokens Amid Market Downturn

Despite the recent market downturn, Aave (AAVE) has become one of the best performing altcoins.

06.09.2024 16:00 1 min. read Alexander Stefanov

Economist Recommends Cautious 25 Basis Point Rate Cut for Fed

As the Federal Reserve approaches its next policy meeting, economist George Lagarias from Forvis Mazars is recommending a cautious 25 basis point rate cut.

06.09.2024 15:30 1 min. read Alexander Stefanov

Biden Administration Accuses Russian State Media of Election Interference

The Biden administration has indicted and imposed sanctions on several Russian state media executives, accusing them of trying to meddle in U.S. elections.

06.09.2024 15:00 2 min. read Alexander Stefanov

Here’s How Cardano’s Hard Fork Affects Governance and Staking

Cardano’s blockchain has recently undergone a major overhaul with the launch of the “Chang” hard fork, which represents a pivotal move towards enhanced decentralized governance.

06.09.2024 14:30 2 min. read Alexander Stefanov