Author Alexander Stefanov

BREAKING: Telegram CEO Pavel Durov Indicted, Banned from Leaving France

Telegram CEO Pavel Durov was indicted and placed under judicial supervision by a Paris court on August 28, following his recent arrest on many different charges.

28.08.2024 23:10 1 min. read Alexander Stefanov

Cardano Traders Anticipate Price Recovery Despite Recent Declines

Cardano (ADA) derivatives traders are showing strong confidence that the altcoin will recover from its recent price drop, according to recent data from BeInCrypto and Coinglass.

28.08.2024 22:00 1 min. read Alexander Stefanov

Bitwise Bitcoin ETF to Receive $120 Million in Bitcoin from Asset Acquisition

Bitwise Bitcoin ETF (BITB) will receive $120 million in Bitcoin as part of a plan to acquire the assets of Osprey Bitcoin Trust (OBTC).

28.08.2024 21:30 1 min. read Alexander Stefanov

Bitcoin Long-Term Holders Gain Market Dominance Amidst Market Fluctuations

Recent data from the chain shows that long-term Bitcoin holders (LTH) have increased their dominance, suggesting a growing conviction to hold onto their assets.

28.08.2024 20:30 2 min. read Alexander Stefanov

Binance Faces Allegations of Seizing Palestinian Crypto Funds at Israeli Request

Binance, the world’s largest cryptocurrency exchange, is under scrutiny following allegations that it confiscated Palestinian crypto funds at the request of the Israeli Defense Forces (IDF).

28.08.2024 20:00 1 min. read Alexander Stefanov

Coinbase CEO Launches Onchain Score to Evaluate Crypto Wallets

Coinbase CEO Brian Armstrong has introduced a new tool, Onchain Score, designed to evaluate cryptocurrency wallets.

28.08.2024 19:30 1 min. read Alexander Stefanov

Bitcoin Mining Faces Backlash Over Controversial Power Deals in Texas

Bitcoin mining has recently come under fire again, this time due to a report from The Economist that has stirred debate about the industry’s environmental impact.

28.08.2024 19:00 1 min. read Alexander Stefanov

Bitcoin’s Recent Trends: Consolidation or Coming Crash?

Mark Yusko, the CEO and Chief Investment Officer of Morgan Creek Capital Management, recently weighed in on Bitcoin’s market dynamics.

28.08.2024 18:30 2 min. read Alexander Stefanov

India’s Central Bank Proposes New System to Simplify Global Payments

The Reserve Bank of India (RBI) has proposed creating a versatile system for international payments to enhance global interoperability.

28.08.2024 18:00 1 min. read Alexander Stefanov

Warren Buffet’s Berkshire Hathaway Nears $1 Trillion Valuation

Berkshire Hathaway, under Warren Buffett’s leadership, is on the verge of reaching a $1 trillion market valuation.

28.08.2024 17:30 1 min. read Alexander Stefanov

Crypto Scams Hit Australians Hard, New Report Shows

In the past year, Australians have lost AU$180 million (US$122 million) to cryptocurrency scams, with most victims being under 50 years old, according to a recent report from the Australian Federal Police (AFP).

28.08.2024 17:00 1 min. read Alexander Stefanov

U.S. Bitcoin ETFs Face $127 Million in Outflows, Ending Positive Streak

U.S. spot Bitcoin exchange traded funds saw net outflows on Tuesday, ending an eight-day streak of positive results, according to Farside.

28.08.2024 16:30 1 min. read Alexander Stefanov

Robinhood Adds Solana (SOL) Support to Its Wallet

Solana has been added to Robinhood’s wallet services, marking an expansion of the trading platform’s cryptocurrency support.

28.08.2024 16:00 1 min. read Alexander Stefanov

Sony Launches Public Blockchain Testnet and Developer Program

Sony Block Solutions Labs, the blockchain branch of Sony, has rolled out a public testnet for its new Ethereum Layer 2 network, Soneium, which is built on the Optimism Stack (Op Stack).

28.08.2024 15:30 1 min. read Alexander Stefanov

Ethereum Whale Loses $4 Million Amid Market Downturn

An Ethereum whale recently experienced a significant loss of nearly $4 million after purchasing 8,825 ETH shortly before the market took a downturn, according to data from the crypto tracking platform Lookonchain.

28.08.2024 15:00 1 min. read Alexander Stefanov

Nvidia’s Earnings Report Poised to Impact AI Market Outlook

Nvidia (NVDA) is set to release its much-anticipated second-quarter earnings after the market closes on Wednesday.

28.08.2024 14:30 1 min. read Alexander Stefanov

Toncoin Recovers After Network Outage, But Price Remains Under Pressure

Toncoin’s price saw a slight recovery today, gaining nearly 3% after the TON network returned to normal operations following a significant disruption.

28.08.2024 13:50 1 min. read Alexander Stefanov

FBI Dodges Satoshi Nakamoto Identity Question Again

Disinformation analyst and tech entrepreneur Dave Troy recently shared on X that the FBI has responded to another Freedom of Information Act (FOIA) request about the identity of Bitcoin’s creator, Satoshi Nakamoto.

28.08.2024 12:00 1 min. read Alexander Stefanov

Celsius Network Returns $2.53 Billion to Creditors Amid Recovery Efforts

The defunct crypto lending platform Celsius Network has begun repaying billions to its creditors.

28.08.2024 11:30 1 min. read Alexander Stefanov

Solana Price Prediction: Major Surge Expected in the Upcoming Cycle

Real Vision’s Raoul Pal, who is also a former Goldman Sachs exec, has expressed optimism about Solana (SOL), predicting that the cryptocurrency could experience a significant price surge in the coming months.

28.08.2024 11:00 1 min. read Alexander Stefanov

Vitalik Buterin Reveals 90% of His Wealth Is in Ethereum Amid Community Concerns

Ethereum co-founder Vitalik Buterin recently addressed concerns about Ethereum’s role as a store of value, especially after scrutiny surrounding the Ethereum Foundation’s (EF) recent financial activities.

28.08.2024 10:30 2 min. read Alexander Stefanov

MakerDAO Rebrands and Launches New Tokens

MakerDAO has rebranded to Sky and announced the introduction of its updated tokens – USDS and SKY, which will be launched on September 18.

28.08.2024 10:00 2 min. read Alexander Stefanov

Vitalik Buterin Addresses Ethereum Criticisms, Highlights Network Improvements

Vitalik Buterin has addressed criticisms from Kyle Samani of Multicoin and other commentators about Ethereum’s efficiency and decentralization.

28.08.2024 9:30 1 min. read Alexander Stefanov

Bullish Wave Pattern Suggests Bitcoin is Close to an ATH Surge

A prominent crypto analyst known for accurately predicting market lows believes Bitcoin (BTC) is gearing up for a major surge.

28.08.2024 9:00 1 min. read Alexander Stefanov

Binance CEO Seeks US Help for Detained Employee in Nigeria

Binance CEO Richard Teng has called on the US government to take action in the case of Tigran Gambaryan, a US citizen and Binance employee who has been detained in Nigeria since February.

28.08.2024 8:30 2 min. read Alexander Stefanov

Ethereum Price Plunges, Sparking a Major Whale Sell-Off

Large crypto holders, commonly known as whales, are pulling out significant amounts of Ethereum (ETH), which has led to a spike in selling preassure.

28.08.2024 8:00 2 min. read Alexander Stefanov

Crypto Market is Bleeding Again – Bitcoin Falls Below $59,000

The crypto market is experiencing serious selling pressure, leading to major price declines across the board.

28.08.2024 1:48 1 min. read Alexander Stefanov

Bitcoin (BTC) Shows Increased Correlation with U.S. Stocks

Recent analysis from Bitfinex indicates a renewed enthusiasm for high-risk investments.

27.08.2024 22:00 1 min. read Alexander Stefanov

Gold is Hovering Around its ATH – What Does This Mean for Bitcoin?

Gold prices are hitting new records, recently topping $2,510, while Bitcoin, often compared to gold, has struggled, remaining roughly 15% below its March highs.

27.08.2024 21:30 1 min. read Alexander Stefanov

Elon Musk Supports Controversial California AI Regulation Bill

Elon Musk has voiced his support for a new AI regulation bill in California, despite some concerns that it could stifle innovation in the field.

27.08.2024 21:00 1 min. read Alexander Stefanov

SEC’s New Database Draws Criticism from Blockchain Advocates

Critics argue that the SEC’s new Consolidated Audit Trail (CAT) database is unduly affecting blockchain users.

27.08.2024 20:30 1 min. read Alexander Stefanov

WazirX Co-Founder Addresses Exchange Ownership and Operations Amid Dispute

Nischal Shetty, co-founder of Indian cryptocurrency exchange WazirX, recently discussed the platform’s operational status and ownership amid ongoing disputes.

27.08.2024 20:00 1 min. read Alexander Stefanov

Another Bitcoin Mining Firm Files for Chapter 11 Bankruptcy

Bitcoin mining company Rhodium Enterprises has initiated Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of Texas, disclosing potential liabilities of up to $100 million.

27.08.2024 19:30 1 min. read Alexander Stefanov

Kraken Confident in Legal Victory Against SEC Over Token Listings

Kraken remains optimistic about its chances in the ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC).

27.08.2024 19:00 1 min. read Alexander Stefanov

Nasdaq Seeks Approval to Launch Groundbreaking Bitcoin Index Options

Nasdaq is seeking regulatory approval to introduce and trade options linked to a bitcoin index, the exchange operator announced on Tuesday.

27.08.2024 18:39 2 min. read Alexander Stefanov

US Congressman Involved in High-Volume Altcoin Trading

While U.S. Congress members typically stick to stocks, a few have ventured into cryptocurrencies, with Bitcoin and Ethereum being the usual choices.

27.08.2024 18:30 1 min. read Alexander Stefanov

Future of Crypto Payments Remains Bright, Says Brian Armstrong

Brian Armstrong, CEO of Coinbase, remains optimistic about the future of cryptocurrency payments, believing they will become mainstream within this decade.

27.08.2024 18:00 1 min. read Alexander Stefanov

Zuckerberg Alleges FBI Pressure to Censor 2020 Election Coverage

Mark Zuckerberg, CEO of Meta, has accused the FBI of pressuring the company to censor credible reporting on then-presidential candidate Joe Biden in 2020.

27.08.2024 17:30 1 min. read Alexander Stefanov

SEC Targets Crypto Fraudsters Behind $61.5 Million Scheme

The U.S. Securities and Exchange Commission (SEC) has intensified its crackdown on crypto fraud, focusing on Triten Financial Group and GCZ Global, led by Jonathan and Tanner Adam.

27.08.2024 17:00 1 min. read Alexander Stefanov

Jerome Powell’s Rate Cut Hint Could Impact Bitcoin Market

Jerome Powell, the Federal Reserve Chair, recently hinted at a potential interest rate cut in September, which could shake up the cryptocurrency market.

27.08.2024 16:30 1 min. read Alexander Stefanov

Here’s Why Telegram Founder Pavel Durov Was Arrested in France

Pavel Durov, the Russian entrepreneur behind the messaging app Telegram, has recently been detained in France.

27.08.2024 16:00 1 min. read Alexander Stefanov

Analysts Predict Strong Gains for XRP Following Bitcoin Rally

Over the weekend, XRP experienced a notable surge, increasing by more than 7% as Bitcoin approached the $65,000 level.

27.08.2024 15:30 1 min. read Alexander Stefanov

Bitcoin Millionaires Increase by Over 100% in the Past Year

The global count of Bitcoin millionaires has surged by 111% over the past year, reaching 85,000 individuals with holdings exceeding $1 million in BTC.

27.08.2024 15:00 1 min. read Alexander Stefanov

Litecoin Faces Crisis Amid Plummeting Market Value

Litecoin has encountered significant difficulties recently, with its market value dropping by 36% since its peak on April 1.

27.08.2024 14:30 1 min. read Alexander Stefanov

Cryptocurrency Market Drops as Ethereum Faces Bearish Outlook

In the last 24 hours, the cryptocurrency market saw a significant drop, with total market capitalization falling by nearly 7% to $2.144 trillion.

27.08.2024 14:00 1 min. read Alexander Stefanov

Spot Bitcoin ETFs in the US Record Eighth Day of Positive Inflows

Spot Bitcoin exchange-traded funds in the US recorded an eighth consecutive day of positive net inflows.

27.08.2024 13:30 1 min. read Alexander Stefanov

Here is When Russia Will Begin Testing Crypto Exchanges and Payments

Russia is preparing to start testing cryptocurrency exchanges and digital token payments on September 1 to ease payment difficulties caused by international sanctions.

27.08.2024 13:00 1 min. read Alexander Stefanov

New Malware Targets Mac Users and Crypto Wallets

Apple Mac users are facing a new security threat from malware known as “Cthulhu Stealer,” which is designed to compromise personal data and cryptocurrency wallets.

27.08.2024 12:00 1 min. read Alexander Stefanov

India Investigates Telegram Following CEO’s Arrest in France

India is ramping up its investigation into Telegram following the recent arrest of CEO Pavel Durov in France.

27.08.2024 11:30 1 min. read Alexander Stefanov

Argentina Integrates Ethereum Education into Buenos Aires High Schools

The Argentine Ministry of Education has announced a collaboration with the ETH Kipu Foundation to incorporate Ethereum and blockchain technology into high school curricula in Buenos Aires.

27.08.2024 11:00 1 min. read Alexander Stefanov

Former Chinese Billionaire Sentenced for Crypto Ponzi Scheme

Former Chinese billionaire Yang Bin has been sentenced to six years in a Singapore prison for orchestrating a fraudulent crypto investment scheme.

27.08.2024 10:30 1 min. read Alexander Stefanov

Crypto Leaders Rally for Pavel Durov’s Release Amid Arrest Controversy

Paolo Ardoino, CEO of Tether and CTO of Bitfinex, has expressed his concerns about the recent detention of Pavel Durov, founder of Telegram and TON.

27.08.2024 10:00 1 min. read Alexander Stefanov

Bybit Opens New Office in Amsterdam, Expands European Presence

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the opening of its new office in Amsterdam as of August 22.

27.08.2024 9:30 1 min. read Alexander Stefanov

White House Digital Strategy Director Buys $2.3 Million in Crypto

Last Friday Jerome Powell, the U.S. Federal Reserve Chairman, made cautious remarks about the current state of the economy.

27.08.2024 9:00 1 min. read Alexander Stefanov

Top Cryptocurrency Gets Its Own Documentary This November

According to Fruition Production, a Los Angeles-based studio known for its work in the film and gaming industries, a documentary dedicated to XRP will be officially released in November.

27.08.2024 8:30 1 min. read Alexander Stefanov

Russian Officials Upset Over Pavel Durov’s Arrest in Paris

Russian officials are upset over the arrest of Pavel Durov, Telegram’s CEO, at Paris’s Le Bourget airport.

27.08.2024 8:00 1 min. read Alexander Stefanov

3AC Founder Reveals Purchase of Toncoin (TON) Amid Market Volatility

Zhu Su, the founder of the now-defunct Three Arrows Capital (3AC), which went bankrupt following the Terra (LUNA) collapse, recently revealed his latest cryptocurrency investment in a post on X.

26.08.2024 22:00 1 min. read Alexander Stefanov

Binance Announced the Listing of a Euro-Backed Stablecoin

The top cryptocurrency exchange Binance has announced the listing of a euro-backed stablecoin, that is regulated within MiCA.

26.08.2024 21:00 1 min. read Alexander Stefanov

Analyst Predicts Bitcoin Short Squeeze as Bears Face Losses

A well-known crypto analyst predicts that overleveraged Bitcoin (BTC) bears could soon face significant losses.

26.08.2024 20:00 1 min. read Alexander Stefanov