Author Alexander Stefanov

TON Hits 1 Billion Transactions Amid Memecoin Airdrop Disruptions

The Open Network (TON), linked to Telegram, has reached over 1 billion transactions, according to TON Scan.

03.09.2024 17:00 1 min. read Alexander Stefanov

SEC Commissioner Calls for Tailored Registration for Digital Asset Securities

During a private discussion at Korea Blockchain Week 2024 in Seoul, U.S. SEC Commissioner Mark T. Uyeda emphasized the need for the SEC to create a specialized Form S-1 for digital asset-related securities.

03.09.2024 16:30 1 min. read Alexander Stefanov

Hacker Launders $6.5 Million Stolen from WazirX via Tornado Cash

A wallet connected to the hacker who stole over $235 million from the Indian crypto exchange WazirX recently moved $6.5 million through the sanctioned crypto mixer Tornado Cash.

03.09.2024 16:00 1 min. read Alexander Stefanov

Ripple Plans to Introduce Smart Contracts on XRP Ledger Next Year

Ripple has announced plans to enhance the programmability of the XRP Ledger by introducing smart contracts next year.

03.09.2024 15:30 1 min. read Alexander Stefanov

Elon Musk Hints at Reintroducing Dogecoin Payments for Tesla Products

Elon Musk’s recent announcement caused considerable hype by highlighting his continued support for Dogecoin and his vision for integrating digital assets into everyday commerce

03.09.2024 15:00 1 min. read Alexander Stefanov

Solana Loses $10 Billion in Market Cap in One Month

Solana (SOL) in particular had a tough August, losing nearly $10 billion of its market cap in just 30 days. This decline, which could reach as much as $15 billion from its August highs, is hard to attribute to a single cause and is likely the result of a combination of factors. Solana‘s results are […]

03.09.2024 14:30 2 min. read Alexander Stefanov

Crypto Whale Activity Declines: Market Concerns or Signs of Accumulation?

The recent drop in crypto whale activity, especially in Bitcoin and Ethereum, has sparked discussion in the community.

03.09.2024 14:00 2 min. read Alexander Stefanov

WazirX Users Unlikely to Recover Full Funds After $234 Million Hack

WazirX users have been informed that they might lose over 40% of their funds due to a $234 million hack that occurred in July.

03.09.2024 13:00 1 min. read Alexander Stefanov

Circle CEO Predicts Major Innovations Still to Come in Crypto

Circle CEO Jeremy Allaire believes the crypto industry has not yet seen its most significant developments.

03.09.2024 12:30 1 min. read Alexander Stefanov

Binance Executive’s Trial Resumes Amid Severe Health Concerns and Alleged Rights Violations

On Monday, the trial of Binance executive Tigran Gambaryan resumed in Abuja, Nigeria, with Gambaryan arriving at court on crutches and in visible distress after being denied a wheelchair, according to a statement from his family.

03.09.2024 12:00 2 min. read Alexander Stefanov

How Bitcoin ETFs Are Allowing Wall Street to Manipulate BTC Prices

Mark Yusko, a veteran hedge fund manager, believes that the introduction of Bitcoin exchange-traded funds (ETFs) has granted Wall Street a degree of control over Bitcoin’s price dynamics.

03.09.2024 11:30 1 min. read Alexander Stefanov

Ethereum Revenue Crashes 99% Since March as Layer-2 Solutions Surge

Ethereum’s layer-1 network has experienced a staggering 99% drop in revenue since March 2024, largely due to the impact of the Dencun upgrade.

03.09.2024 11:00 1 min. read Alexander Stefanov

JPMorgan’s Warning on Fed Rate Cuts Shakes Up Stock and Crypto Markets

JPMorgan’s latest comments have raised alarm among traders and investors, as the firm downplays the chances of a bull market despite widespread expectations for Federal Reserve rate cuts.

03.09.2024 10:30 1 min. read Alexander Stefanov

Analyst Predicts Bitcoin to Hit Bottom This Month, Eyes Q4 Rally

A well-known cryptocurrency analyst predicts that Bitcoin (BTC) may be approaching the bottom of its extended correction within this month.

03.09.2024 10:00 2 min. read Alexander Stefanov

NFT Sales Crash to New 2024 Low in August

In August 2024, sales of non-fungible tokens (NFTs) fell to $374 million, marking the lowest monthly total of the year and the first time sales have dipped below $400 million in 2024.

03.09.2024 9:30 1 min. read Alexander Stefanov

Crypto ETFs Dominate 2024 in the U.S. with Record Inflows

Crypto ETFs have made a significant impact in 2024, with 13 out of the 25 largest ETF launches, based on year-to-date inflows, being crypto-related.

03.09.2024 9:00 2 min. read Alexander Stefanov

Cardano Officially Begins Voltaire Era with Governance Uprade

Cardano has transitioned into its Voltaire era following the Chang hard fork on September 1.

03.09.2024 8:30 1 min. read Alexander Stefanov

Crypto Exchange Trading Volumes Surge in August Despite Market Decline

Centralized crypto exchanges (CEXs) witnessed a notable 13.7% rise in legitimate spot trading volume in August, reaching $877.5 billion.

03.09.2024 8:00 2 min. read Alexander Stefanov

Bitcoin’s Bear Market Continues, Caution Advised Amid Expected Rally Delays

Bitcoin has been on a downward trajectory since hitting its all-time high in March and continues to face a prolonged period of declines.

02.09.2024 21:00 1 min. read Alexander Stefanov

Ex-Goldman Sachs Exec Predicts Major Gains for Crypto Gaming and New Blockchains

Raoul Pal, CEO of Real Vision, is forecasting a significant upswing in the cryptocurrency sector, especially within the gaming niche.

02.09.2024 20:00 2 min. read Alexander Stefanov

US Bitcoin ETFs See Significant Outflows Amid Market Decline

Last week, US spot Bitcoin exchange-traded funds (ETFs) faced substantial outflows totaling $277 million, as the cryptocurrency market struggled with Bitcoin prices remaining below $60,000 and most altcoins continuing their downward trend.

02.09.2024 19:00 1 min. read Alexander Stefanov

OKX Gains Key License in Singapore, Appoints Former Regulator as CEO

OKX has recently secured a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS), allowing it to expand its operations in the region.

02.09.2024 18:00 1 min. read Alexander Stefanov

Bitcoin Miners Face Record Revenue Drop Amid Rising Challenges

In August, Bitcoin miners experienced their lowest monthly revenue in a year, falling 57% from the peak earlier in 2024.

02.09.2024 17:00 2 min. read Alexander Stefanov

Metaplanet and SBI Group Partner to Boost Bitcoin Trading and Custody

Metaplanet Inc., now recognized as Japan’s equivalent to MicroStrategy, has forged a key partnership with SBI Group, known for its involvement with Ripple Labs in the cryptocurrency sector.

02.09.2024 16:00 2 min. read Alexander Stefanov

Memecoins Plunge Dramatically from All-Time Highs

The memecoin sector saw a sharp downturn on Monday, with its total market value decreasing by over 5% in just 24 hours.

02.09.2024 15:00 2 min. read Alexander Stefanov

Bitcoin Whales Ramp Up Purchases as Prices Drop

Bitcoin holders with large wallets have been steadily increasing, with the number of wallets containing at least 100 BTC reaching its highest level in 17 months.

02.09.2024 14:00 2 min. read Alexander Stefanov

Bitcoin and Crypto – How to Start Investing?

Investing in Bitcoin and other cryptocurrencies has become increasingly popular. More and more people want to know how to start with Bitcoin and enter the world of crypto. While it might seem complicated at first, it’s actually simpler than you think. Just follow a few steps, and you’ll understand how to start investing in Bitcoin. In this article, we’ll walk you through the entire process so you can start with Bitcoin confidently!

02.09.2024 13:26 9 min. read Alexander Stefanov

Cardano Successfully Launches Historic Chang Hard Fork

Cardano successfully launched its Chang hard fork on September 1, 2024, marking a major step toward its goal of decentralized governance.

02.09.2024 13:00 1 min. read Alexander Stefanov

Qatar Unveils New Digital Assets Framework

The Qatar Central Bank, along with the Qatar Financial Centre Authority and the Qatar Financial Centre Regulatory Authority, has unveiled a new regulatory framework for digital assets within the Qatar Financial Centre (QFC).

02.09.2024 12:00 1 min. read Alexander Stefanov

Here is Where Bitcoin Might Bottom Out, According to Top Analyst

An analyst with a rapidly growing following has set a target for Bitcoin’s (BTC) potential bottom before a possible bullish reversal.

02.09.2024 11:00 2 min. read Alexander Stefanov

Ethereum Co-Founder Proposes Blockchain-Based Hybrid Model for Future Cities

Ethereum co-founder Vitalik Buterin recently proposed a groundbreaking concept for a city that integrates the principles of democracy, capitalism, and decentralization into a hybrid model.

02.09.2024 10:00 1 min. read Alexander Stefanov

Peter Schiff Criticizes Bitcoin’s Decline as Gold Surges

Gold bug and prominent Bitcoin skeptic Peter Schiff recently criticized the cryptocurrency’s performance, pointing out that Bitcoin’s gains for the year were largely concentrated in the first two months.

02.09.2024 9:30 1 min. read Alexander Stefanov

Bitcoin’s Success is Strategic, Not Luck – Michael Saylor

Bitcoin, the world’s leading cryptocurrency, has garnered both ardent supporters and critics. Its rising popularity is evident, with the coin recently hitting a peak of $73,000, a significant achievement considering its historical price trends.

02.09.2024 9:00 2 min. read Alexander Stefanov

SEC Raises Concerns Over FTX’s Creditor Repayment Plan

A recent submission by the SEC cautions FTX that the agency may oppose any efforts to repay creditors using stablecoins or other digital currencies.

02.09.2024 8:30 1 min. read Alexander Stefanov

Will the Bitcoin (BTC) Price Correction Continue?

Bitcoin is currently experiencing turbulent price movements, with a recent 10% drop raising investor concerns.

02.09.2024 8:00 2 min. read Alexander Stefanov

Solana’s Pump.fun Surpasses $100 Million in Revenue

The Solana-based platform Pump.fun has achieved $100 million in revenue just eight months after its launch, marking a notable success in the memecoin space.

01.09.2024 21:00 1 min. read Alexander Stefanov

Bitcoin’s Halving Cycle May No Longer Apply, Says Analyst

A prominent cryptocurrency analyst suggests that Bitcoin’s traditional four-year halving cycle may no longer be relevant.

01.09.2024 20:00 2 min. read Alexander Stefanov

Ripple Releases 1 Billion XRP Tokens from Escrow

Blockchain giant Ripple has recently released 1 billion XRP tokens, as reported by Whale Alert, a crypto wallet monitoring service.

01.09.2024 19:00 1 min. read Alexander Stefanov

Big Bitcoin Investors Seize $7.8 Billion in BTC as Retail Traders Sell Off

A recent analysis reveals that major Bitcoin investors, often referred to as whales, are rapidly accumulating Bitcoin, potentially leaving smaller retail traders at a disadvantage.

01.09.2024 18:00 2 min. read Alexander Stefanov

Bitcoin Mining Company Posts 145% Revenue Surge and Record Profits

IREN recently joined the ranks of publicly listed Bitcoin (BTC) mining companies on Wall Street, posting a remarkable increase in revenue over the past year thanks to the rising value of cryptocurrencies.

01.09.2024 17:00 1 min. read Alexander Stefanov

How to Spot a Good Opportunity for Buying Bitcoin

A commonly used Bitcoin indicator, Puell Multiple, which helps traders gauge miners’ selling activity, is approaching a level that suggests a potential buying opportunity, according to a crypto analyst.

01.09.2024 16:00 1 min. read Alexander Stefanov

Ethereum Developer Base Grows 2,100%, Leading Blockchain Innovation

Ethereum has experienced an extraordinary increase in its developer base, growing from just 25 developers in early 2019 to nearly 550 by 2024 – a staggering 2.100% increase.

01.09.2024 15:00 2 min. read Alexander Stefanov

US Banks Face Lawsuits Over Alleged Misleading Cash Management Practices

An increasing number of US banks are being accused of deceptive practices aimed at generating substantial profits at the expense of their customers.

01.09.2024 14:00 2 min. read Alexander Stefanov

US Crypto Owners Favor Trump Over Harris in Recent Poll

A new survey reveals that the majority of cryptocurrency holders in the US prefer Donald Trump over Kamala Harris for the 2024 presidential election, despite Trump trailing in overall national polls.

01.09.2024 13:00 1 min. read Alexander Stefanov

Cardano Founder to Launch Decentralized Social Network in Brazil Following X Ban

Charles Hoskinson, known for founding the Cardano blockchain, is embarking on a new project to launch a decentralized social media platform in Brazil.

01.09.2024 12:00 1 min. read Alexander Stefanov

Dogecoin’s Price Will Continue to Decline, Analyst Warns

A prominent cryptocurrency analyst with a pseudonymous identity has forecasted further declines for Dogecoin, suggesting that the popular meme coin will continue to struggle on the charts.

01.09.2024 11:00 2 min. read Alexander Stefanov

Vitalik Buterin Addresses Layer 2 Security Concerns Amid Recent Transactions

Ethereum co-founder Vitalik Buterin has responded to growing concerns about the security of Layer 2 (L2) networks after claims surfaced that these networks could potentially allow fund theft.

01.09.2024 10:00 1 min. read Alexander Stefanov

Shiba Inu Community Begins Voting on Fund Allocation Proposal

The Shiba Inu (SHIB) community has launched a vote on a key proposal regarding fund allocation.

01.09.2024 9:30 1 min. read Alexander Stefanov

Here is When Binance Ex-CEO Could Be Release From Prison

The ongoing legal case between Binance and the U.S. Securities and Exchange Commission (SEC) is seeing notable developments, particularly concerning Binance’s co-founder, Changpeng Zhao (CZ).

01.09.2024 9:00 1 min. read Alexander Stefanov

US Election Could Trigger Major Shifts in Crypto Market, Economist Warns

In a recent interview on the Unchained Podcast YouTube channel, economist Alex Krüger discussed how the upcoming US presidential election could impact the cryptocurrency market.

01.09.2024 8:30 2 min. read Alexander Stefanov

Mastercard to Replace Credit Card Numbers with Tokenization Technology

Mastercard is planning to phase out traditional credit card numbers in favor of tokenization technology as a means to enhance data security and minimize the risk of information leaks.

01.09.2024 8:00 1 min. read Alexander Stefanov

Coinbase Enables First AI-to-AI Crypto Transaction

Coinbase CEO Brian Armstrong announced a groundbreaking achievement in merging artificial intelligence with cryptocurrency.

31.08.2024 21:00 1 min. read Alexander Stefanov

Crypto Experts Predict Altcoin Recovery in September Despite Recent Declines

Recently, most altcoins have seen significant declines, leading to growing skepticism among crypto investors about owning these assets.

31.08.2024 20:00 1 min. read Alexander Stefanov

Will Bitcoin Break Out of Its Range as U.S. Election and Economic Data Loom?

Bitcoin has recently stayed in a relatively narrow range. This week the asset failed to break the $65,000 mark and instead returned to the $58,000-$60,000 range, erasing last week’s gains.

31.08.2024 19:00 2 min. read Alexander Stefanov

Bitcoin Mining Firm Gets Court Approval for $30M Loan Amid Bankruptcy

Rhodium Enterprises, a Bitcoin (BTC) mining company that recently filed for bankruptcy, has received court approval to secure a loan in US dollars or Bitcoin.

31.08.2024 18:00 2 min. read Alexander Stefanov

Crypto Expert Sees Further Upside for This Memecoin Despite Massive Gains

Popular crypto analyst Altcoin Sherpa is optimistic about the future of a trending memecoin, despite its already substantial gains this year.

31.08.2024 17:00 2 min. read Alexander Stefanov

Vitalik Buterin Denies Selling Ethereum for Personal Profit

Vitalik Buterin, co-founder of Ethereum, has denied claims that he sold millions of dollars worth of Ether (ETH) for personal gain.

31.08.2024 15:00 2 min. read Alexander Stefanov

Rocky Crypto Summer Coming to an End – Bitcoin Reversal on the Horizon?

Anthony Pompliano, a prominent advocate for cryptocurrency, recently provided his insights on Bitcoin’s (BTC) current market behavior as the digital currency remains in a relatively stable trading range.

31.08.2024 14:00 1 min. read Alexander Stefanov

Crypto Scammer Tried to Evade Authorities with New Appearance, but Was Arrested

South Korean authorities have apprehended the leader of a $12 million cryptocurrency scam who attempted to evade capture by undergoing nearly $16,000 worth of plastic surgery.

31.08.2024 12:00 1 min. read Alexander Stefanov