Author Alexander Stefanov

Crypto Giant Ripple Expands its Presence in Asia

Ripple Labs Inc. is making significant progress in Asia, highlighted by its participation in the WebX 2024 conference in Tokyo, Japan.

31.08.2024 10:30 2 min. read Alexander Stefanov

Record National Debt Will Lead the Dollar to its Demise – Max Keiser

Max Keiser, a financial journalist and Bitcoin advisor to El Salvador’s President Nayib Bukele, has voiced his concerns about the escalating U.S. national debt on social media platform X.

31.08.2024 10:00 2 min. read Alexander Stefanov

Telegram’s Crypto Revenue Soars Despite Pavel Durov’s Arrest

Pavel Durov, the Russian billionaire behind Telegram, is embroiled in controversy after being arrested in France over allegations that he failed to manage criminal content on the messaging platform.

31.08.2024 9:30 1 min. read Alexander Stefanov

Ethereum Price Remains Above Key Level, Bull Market May Follow

Although the SEC recently approved spot Ethereum ETFs, the price of Ethereum has fallen short of expectations.

31.08.2024 9:00 1 min. read Alexander Stefanov

Elon Musk Warns of U.S. Bankruptcy Due to Government Overspending

Elon Musk has raised alarms about the direction of the U.S. economy, predicting that unchecked government spending could lead to bankruptcy.

31.08.2024 8:30 2 min. read Alexander Stefanov

Cardano Moves Toward Decentralization with Key Burn Ahead of Major Upgrade

Charles Hoskinson, the founder of Cardano, has announced a significant step towards decentralization by destroying the Genesis Keys.

31.08.2024 8:00 1 min. read Alexander Stefanov

SEC Pushes for Faster Retail Investor Access to Fund Data with Blockchain Solutions

The U.S. Securities and Exchange Commission (SEC) has advocated for more timely retail investor access to fund portfolio data, highlighting that current delays could disadvantage the 70 million American households that rely on this information.

30.08.2024 22:00 1 min. read Alexander Stefanov

Binance Hints at Upcoming Launch of Solana Product

On August 29, 2024, Binance caused a stir in the crypto community with a cryptic “BNSOL” tweet that sparked speculation of a possible new partnership with Solana.

30.08.2024 21:30 2 min. read Alexander Stefanov

Analyst Raises Concerns Over Crypto Exchanges’ Misleading Liquidation Data

Vetle Lunde, senior analyst at K33 Research, expressed concern about the authenticity of liquidation data reported by major crypto exchanges such as Binance, Bybit and OKX.

30.08.2024 21:00 2 min. read Alexander Stefanov

Inflation in the Eurozone Falls, Reaching a Three-Year Low

Inflation in the euro area hit a three-year low, falling to 2.2% in August from 2.6% in July, matching economists’ forecasts.

30.08.2024 20:30 1 min. read Alexander Stefanov

Vitalik Buterin Transfers Millions in Ethereum as Market Faces Pressure

Ethereum co-founder Vitalik Buterin recently transferred 800 ETH (worth approximately $2 million), which has sparked curiosity in the crypto community.

30.08.2024 20:00 2 min. read Alexander Stefanov

Bitcoin Reserves on Exchanges Hit Lowest Point of the Year

CryptoQuant, a prominent cryptocurrency analysis firm, has reported that Bitcoin reserves on exchanges have fallen to their lowest levels of the year.

30.08.2024 19:30 1 min. read Alexander Stefanov

Binance Integrates New Altcoin into Multiple Services

Binance is expanding its offerings by integrating Self Chain (SLF) into its platform, providing users with various new ways to engage with the token.

30.08.2024 19:00 1 min. read Alexander Stefanov

Billionaire Warns of Economic Downturn and Dollar Weakness

Billionaire investor Ray Dalio has recently raised concerns about a potential economic downturn over the next four years and its impact on the U.S. dollar.

30.08.2024 18:30 2 min. read Alexander Stefanov

Bitcoin Bearish Trend Could Last Until 2024 End, Analyst Warns

A prominent crypto analyst is revising his prediction on when Bitcoin (BTC) might shift to a bullish trend.

30.08.2024 18:00 1 min. read Alexander Stefanov

Altcoin Sherpa Predicts More Decline for Dogecoin, Solana to Hit $190 if Resistance Breaks

Crypto analyst Altcoin Sherpa is forecasting further declines for Dogecoin (DOGE), a prominent memecoin.

30.08.2024 17:30 2 min. read Alexander Stefanov

Chiliz Announces New Partnership for Crypto Wallet Launch

South Korean tech powerhouse Naver is introducing its first cryptocurrency wallet, Naver Pay Wallet, in collaboration with the blockchain platform Chiliz, which focuses on fan tokens.

30.08.2024 17:00 1 min. read Alexander Stefanov

Here is How This Crypto Trader Earns 2,500,000% Profit

A crypto trader has turned a modest $295 investment into a staggering $7.4 million by strategically navigating the cryptocurrency market, particularly focusing on meme coins.

30.08.2024 16:30 1 min. read Alexander Stefanov

Spot Bitcoin ETFs See $71.8 Million in Outflows for Third Consecutive Day

On Thursday, spot Bitcoin ETFs experienced significant net outflows totaling $71.8 million, the third consecutive day of outflows.

30.08.2024 16:02 1 min. read Alexander Stefanov

Analyst Warns of Weaker Altcoin Performance in Current Market Cycle

A cryptocurrency trader and analyst, known as Sherpa, is advising caution on the potential performance of altcoins during the current market cycle.

30.08.2024 16:00 1 min. read Alexander Stefanov

U.S. Report on Inflation is Out – Here is What You Should Know

The PCE inflation report released moments ago will likely to reinforce expectations of an impending Federal Reserve interest rate cut.

30.08.2024 15:30 1 min. read Alexander Stefanov

Elon Musk Wins Dogecoin Market Manipulation Lawsuit

Elon Musk and Tesla successfully defended against a class action lawsuit in 2022, which accused Musk of influencing Dogecoin’s market to the detriment of investors.

30.08.2024 15:00 1 min. read Alexander Stefanov

Bloomberg Brings Polymarket Election Data to Its Terminal

Bloomberg will add Polymarket’s election odds to its Terminal service, according to an August 29 update from Michael McDonough, Bloomberg’s chief economist.

30.08.2024 14:00 1 min. read Alexander Stefanov

Crypto.com Partners with PayPal to Simplify US Cryptocurrency Purchases

Crypto.com, a major cryptocurrency platform with over 100 million users, has unveiled a partnership with PayPal.

30.08.2024 13:00 1 min. read Alexander Stefanov

Solo Miner Earns $200,000 Reward From a Single Bitcoin Block

In an extraordinary achievement, a lone Bitcoin miner has managed to mine a block on the Bitcoin network and secure a reward of 3.275 BTC, equivalent to approximately $200,000.

30.08.2024 12:30 1 min. read Alexander Stefanov

Hong Kong Launches Central Bank Digital Currency Initiative for Tokenisation in Finance

Hong Kong is advancing the integration of tokenisation into traditional finance with the introduction of a new initiative for the Ensemble project – the Central Bank Wholesale Digital Currency (CBDC).

30.08.2024 12:00 1 min. read Alexander Stefanov

Crypto Theft Surges Past $1.2 Billion Since the Beginning of the Year

In 2024, cryptocurrency thefts have soared to over $1.2 billion, following a spate of recent security breaches.

30.08.2024 11:30 1 min. read Alexander Stefanov

Nvidia and Apple Eye Investment in OpenAI’s Next Funding Round

Nvidia and Apple are rumored to be interested in joining OpenAI’s next funding round, which could potentially raise the company’s valuation to over $100 billion.

30.08.2024 11:00 2 min. read Alexander Stefanov

Old Bitcoin Wallet Moves Millions After 13.5 Years of Inactivity

An old Bitcoin address transferred 64.59 BTC over the weekend after being inactive for over 13.5 years.

30.08.2024 10:30 1 min. read Alexander Stefanov

Top Messaging Apps Back New Blockchain, Claiming to be World’s Fastest EVM Chain

Kaia, the new Layer-1 blockchain developed by Kakao and LINE, has officially launched its mainnet.

30.08.2024 10:00 1 min. read Alexander Stefanov

Kraken Adds Shiba Inu as Collateral for Futures Trading

Kraken, a prominent US-based cryptocurrency exchange, has expanded its offerings by adding Shiba Inu (SHIB) as a new collateral option for futures contracts.

30.08.2024 9:30 1 min. read Alexander Stefanov

El Salvador President Admits Bitcoin Adoption in Falls Short of Expectations

El Salvador’s President Nayib Bukele has acknowledged that the adoption of Bitcoin as legal tender in the country has not progressed as much as he had hoped.

30.08.2024 9:00 2 min. read Alexander Stefanov

Bitcoin Faces Downward Pressure Amid Declining Activity and Market Shift

Bitcoin has been struggling to recover from this week’s losses, and although prices have stabilized slightly, the overall trend remains bearish.

30.08.2024 8:30 2 min. read Alexander Stefanov

India Orders Shutdown of 38 Fraudulent Crypto Sites

The Delhi High Court has directed the Indian Ministry of Communications to swiftly address the issue of 38 fraudulent websites masquerading as the cryptocurrency exchange Mudrex.

30.08.2024 8:00 1 min. read Alexander Stefanov

Indonesia Mulls Ban on Telegram Over Content Moderation Concerns

A country considered to have one of the largest Telegram user bases in the world is considering banning the messaging platform over concerns of inadequate moderation of illegal content.

29.08.2024 22:00 1 min. read Alexander Stefanov

Robert Kiyosaki Warns of Imminent Economic Crisis and Urges Caution

Famous investor and author Robert Kiyosaki, known for his bestseller “Rich Dad, Poor Dad”, has issued another warning about an impending economic crisis that he believes will affect the US and the world.

29.08.2024 21:30 1 min. read Alexander Stefanov

Trump’s Latest NFT Collection Sells Over 22,000 Pieces in First Day

On August 27, 2024, former U.S. President Donald Trump released the fourth series of his NFT trading cards, titled “Series 4: The America First Collection.”

29.08.2024 21:00 1 min. read Alexander Stefanov

Crypto Analyst Highlights Retail Investors’ Key Role in Market Recovery

Crypto analyst Miles Deutscher emphasized the critical role of retail investors in sustaining the bull market in cryptocurrencies.

29.08.2024 20:30 2 min. read Alexander Stefanov

Crypto.com Launches New Global Fiat Services with Standard Chartered

Crypto.com, a Singapore-based cryptocurrency exchange, has introduced new global retail services in collaboration with Standard Chartered, offering users the ability to transact in US dollars, euros and United Arab Emirates dirhams.

29.08.2024 20:00 1 min. read Alexander Stefanov

Pavel Durov’s Legal Issues Stir Concerns in Crypto Market

Telegram CEO Pavel Durov is facing legal issues across Europe, sparking concern in the cryptocurrency sector.

29.08.2024 19:30 1 min. read Alexander Stefanov

Crypto Scam Wave Surges as Market Boom Draws Increased Fraud Activity

Amid a bullish trend in the cryptocurrency market, the prevalence of fraudulent decentralized applications (DApps) using the notorious Inferno Drainer tool has surged dramatically.

29.08.2024 19:00 1 min. read Alexander Stefanov

Recession Predictions: Why Economic Indicators Often Fall Short

Forecasting recessions has proven challenging, with several indicators recently suggesting downturns that haven’t materialized.

29.08.2024 18:30 2 min. read Alexander Stefanov

Cardano’s Chаng Hard Fork is Almost Here – Here is What You Need to Know

Intersect has announced that Cardano’s Chang Hard Fork will take place on September 1, 2024, at 21:45 UTC.

29.08.2024 18:00 1 min. read Alexander Stefanov

Solana Hits New High in Daily Active Users Despite Bearish Santiment

Despite the ongoing bear market conditions among the crypto market, Solana has achieved a significant milestone, recording a yearly high of 2.3 million daily active users on Aug. 28, according to data on the chain from Token Terminal.

29.08.2024 17:45 1 min. read Alexander Stefanov

Hacked Account Drives Altcoin Surge, Resulting in Huge Gains and Losses

Kylian Mbappe’s X account was recently hacked, and the attacker used it to promote an altcoin called MBAPPE.

29.08.2024 17:30 1 min. read Alexander Stefanov

Binance Denies Blocking Palestinian Accounts Amid Middle East Conflict

This week’s escalation in the Israel-Palestinian conflict has brought scrutiny to Binance, with claims suggesting the exchange blocked all Palestinian accounts at the request of the Israeli Defense Forces (IDF).

29.08.2024 17:00 1 min. read Alexander Stefanov

Trump Sons Launch New Crypto Project, Aiming to Innovate Digital Finance

On August 28, Eric and Donald Trump Jr, sons of US presidential candidate Donald Trump, officially launched their long-awaited crypto project World Liberty.

29.08.2024 16:45 1 min. read Alexander Stefanov

OpenAI Seeks Major Funding Boost, Aiming for $100 Billion Valuation

OpenAI is seeking a major capital infusion that could push its valuation beyond $100 billion, according to recent reports.

29.08.2024 16:30 1 min. read Alexander Stefanov

Coinbase Invests in 40 Startups Founded by Former Employees

Coinbase, the largest cryptocurrency exchange in the U.S., is continuing its aggressive investment strategy, recently backing 40 new projects.

29.08.2024 16:00 1 min. read Alexander Stefanov

Top Analyst Predicts Bitcoin’s Imminent Bull Run and Record-Breaking Highs

Cryptocurrency analyst Rekt Capital believes Bitcoin (BTC) is on the verge of entering a bullish phase.

29.08.2024 15:30 1 min. read Alexander Stefanov

Traders Shift from Bitcoin to Altcoins Amid Market Uncertainty

Analytics firm Santiment suggests that large Bitcoin (BTC) investors might be moving their funds into altcoins, such as Ethereum (ETH) and Solana (SOL), in hopes of securing better returns.

29.08.2024 15:00 2 min. read Alexander Stefanov

Grayscale Bitcoin Holdings Plummet as Investors Shift to Competitors

Grayscale, a major player in crypto asset management, has witnessed a significant drop in its Bitcoin holdings.

29.08.2024 14:30 1 min. read Alexander Stefanov

Ethereum ETFs Registered First Positive Results in 14 Days

Farside’s latest data shows an outflow of funds from Bitcoin ETFs in the U.S. equaling $105.3 million.

29.08.2024 14:00 1 min. read Alexander Stefanov

Institutional Interest in Crypto Expected to Push Market Value Over $10 Trillion by 2030

The Q2 research report by OKX and The Economist reveals that digital assets are rapidly attracting interest from institutional investors, with their market value projected to surpass $10 trillion by 2030.

29.08.2024 12:30 1 min. read Alexander Stefanov

Here is Why Bitcoin’s Price Declined Sharply, According to Matrixport

A recent report from Matrixport highlights a significant drop in Bitcoin’s value this morning due to the liquidation of long positions.

29.08.2024 12:00 1 min. read Alexander Stefanov

Top Telegram Game Hamster Kombat Announces New Token and Airdrop

Hamster Kombat, a popular Telegram game, announced the launch of its HMSTR token on The Open Network (TON) on September 26, accompanied by an airdrop for its players.

29.08.2024 11:30 1 min. read Alexander Stefanov

Crypto CEO Stabbed in Courtroom During Fraud Trial

Hugo Hyungsoo Lee, CEO of Haru Invest, was attacked in a Seoul courtroom while his company faces serious fraud allegations.

29.08.2024 11:00 1 min. read Alexander Stefanov

OpenSea Faces SEC Legal Threat Over NFTs as Securities

The NFT marketplace OpenSea has been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC), signaling potential legal action regarding the classification of NFTs as securities.

29.08.2024 10:30 2 min. read Alexander Stefanov

BitMEX CEO Criticizes Federal Reserve’s Approach to Interest Rate Cuts

Arthur Hayes, CEO of BitMEX, has voiced concerns about the Federal Reserve’s potential interest rate cuts, highlighting a disconnect between political motivations and sound economic policy.

29.08.2024 10:00 2 min. read Alexander Stefanov