Author Alexander Stefanov

Crypto Whale Offloads Tens of Millions in Solana as Institutional Outflows Surge

An analysis of blockchain data reveals that a major cryptocurrency investor has significantly reduced their Solana (SOL) holdings this year.

22.08.2024 19:00 1 min. read Alexander Stefanov

Majority of Crypto Investors See Digital Assets as Key to Wealth Strategy

According to a recent EY-Parthenon survey, a significant 70% of crypto investors now integrate digital assets into their wealth management plans.

22.08.2024 18:30 1 min. read Alexander Stefanov

Crypto Ownership Surges Past 600 Million as Market Evolves in 2024

In 2024, cryptocurrency adoption has surged, with global ownership climbing to 617 million, up from 580 million in December 2023.

22.08.2024 18:00 1 min. read Alexander Stefanov

Altcoin Bull Run is Coming in Less Than 4 Months, According to Analyst

The cryptocurrency market might be gearing up for a new phase of growth, with analyst Dan Gabardello predicting a possible surge in altcoin activity within the next few months.

22.08.2024 17:30 2 min. read Alexander Stefanov

Binance to Expand Compliance Team Amid Rising Regulatory Costs

Binance plans to significantly expand its workforce by adding 1,000 employees this year, focusing on compliance roles.

22.08.2024 17:00 1 min. read Alexander Stefanov

Coinbase to Facilitate Euro and Euro-Pegged Stablecoin Conversions

Starting August 28, Coinbase will offer conversions between the euro and the EURC stablecoin at a 1:1 ratio in selected regions.

22.08.2024 16:30 1 min. read Alexander Stefanov

Tron Considers Fee Cuts and Energy Cap Increase Amid Memecoin Boom

Justin Sun is contemplating lowering transaction fees on the TRON blockchain to capitalize on the growing excitement around SunPump, a new platform generating meme coins on the network.

22.08.2024 16:00 1 min. read Alexander Stefanov

FTX Restructuring Plan Gains Massive Support as Asset Recovery Begins

FTX and its affiliates have moved closer to finalizing their reorganization plan, which has received substantial backing from creditors.

22.08.2024 15:30 1 min. read Alexander Stefanov

El Salvador Deepens Bitcoin Integration with New Training Initiatives

El Salvador continues to prioritize Bitcoin under President Nayib Bukele’s leadership. The government plans to train 80,000 public employees in Bitcoin, aiming to embed the cryptocurrency more deeply into the nation’s economy.

22.08.2024 15:00 1 min. read Alexander Stefanov

Crypto Whale Loses $55 Million to a Recent Phishing Attack

A cryptocurrency whale fell victim to a phishing attack, losing $55 million in DAI stablecoins.

22.08.2024 14:30 1 min. read Alexander Stefanov

Ethereum ETFs Attract $2 Billion, Yet Trail Behind Bitcoin Funds

In the past four weeks, spot Ethereum ETFs have attracted over $2 billion in new investments, excluding a major $2.5 billion outflow from Grayscale’s ETHE, as reported by Farside Investors.

22.08.2024 14:00 1 min. read Alexander Stefanov

Binance Introduces 75x Leverage Futures for New Altcoin

Binance, the leading global cryptocurrency exchange, has unveiled a new futures trading option for the altcoin Alpaca Finance (ALPACA).

22.08.2024 13:30 1 min. read Alexander Stefanov

Tron to Reach $4 Billion in Revenue Next Year, According to CEO

Justin Sun, the founder of TRON, has set an ambitious revenue target of $4 billion for the network over the next year. Sun’s optimistic forecast is rooted in TRON’s current meme coin strategy, which he believes will significantly boost market growth.

22.08.2024 13:00 2 min. read Alexander Stefanov

Blockchain Company Launches Platform for Autonomous AI Payments Using Stablecoins

Blockchain innovation company Skyfire has unveiled a new payment platform that enables artificial intelligence (AI) agents to make financial transactions autonomously.

22.08.2024 12:30 1 min. read Alexander Stefanov

Trillions in U.S. Debt Pile Up, It’s Time to Buy Bitcoin – Robert Kiyosaki

Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, recently took to X to express concerns over the United States’ rapidly growing national debt.

22.08.2024 12:08 1 min. read Alexander Stefanov

Crypto Firms Pour $119 Million into 2024 US Elections

Public Citizen has issued a new report highlighting how cryptocurrency companies are shaping the 2024 US elections.

22.08.2024 12:00 2 min. read Alexander Stefanov

This U.S. State Could Launch its Own Stablecoin in the Beginning of 2025

Wyoming Governor Mark Gordon recently addressed the Wyoming Blockchain Symposium, highlighting the state’s commitment to blockchain technology and unveiling plans for a state-backed stablecoin slated for release in 2025.

22.08.2024 11:30 2 min. read Alexander Stefanov

Will Top Crypto Exchange Binance Go Public?

Richard Teng, who took over as Binance’s CEO in 2023, has stated that the company does not plan to pursue an initial public offering (IPO) as he lays out a long-term vision for the exchange. Teng succeeded Changpeng “CZ” Zhao, who stepped down after a major settlement with US authorities.

22.08.2024 11:00 2 min. read Alexander Stefanov

Latin E-Commerce Giant Launches New US Dollar-Pegged Stablecoin

Mercado Libre, the leading e-commerce giant in Latin America, has introduced a new US dollar-pegged stablecoin through its digital banking service, Mercado Pago.

22.08.2024 10:30 1 min. read Alexander Stefanov

Litecoin Sees Transaction Volume Surge: What This Means for the Network

Recent data indicates that Litecoin’s transaction volume has experienced a significant increase, more than doubling over the past year.

22.08.2024 10:00 1 min. read Alexander Stefanov

Aptos Announces New Partnership to Enhance Decentralized Streaming

The Aptos Foundation has teamed up with Myco, a Web3 streaming service, to integrate its platform with the Aptos blockchain.

22.08.2024 9:30 1 min. read Alexander Stefanov

Crypto Trader Makes Massive $20 Million Profit in Less Than a Week

A Tron network trader, known as TT4S5, has achieved $20 million in potential gains just six days after an early investment in the SUNDOG meme coin.

22.08.2024 8:30 1 min. read Alexander Stefanov

Here is Why a Bearish Bitcoin Trend is Plausible, According to CryptoQuant

According to a report by CryptoQuant, the slowing growth of Bitcoin whale assets could indicate a bearish trend for the cryptocurrency’s price.

22.08.2024 8:00 1 min. read Alexander Stefanov

How Can the US Deal With its Budget Deficit, According to Peter Thiel

Billionaire Peter Thiel has suggested several concrete approaches for the US government to address its significant budget deficit.

21.08.2024 23:00 2 min. read Alexander Stefanov

VanEck Actively Buying Bitcoin Despite Recent Price Pressure

According to Matthew Siegel, the company’s head of digital asset research, financial giant VanEck is actively buying Bitcoin (BTC).

21.08.2024 22:00 1 min. read Alexander Stefanov

Abu Dhabi to Regulate Fiat-Backed Tokens, Seeks Public Feedback

Abu Dhabi’s Financial Services Regulatory Authority (FSRA) plans to oversee fiat reference tokens (FRTs), a type of stablecoin, in response to growing stakeholder interest.

21.08.2024 21:30 1 min. read Alexander Stefanov

Institutional Bitcoin ETF Investment Expected to Rise in Coming Years, Report Shows

The price of Bitcoin (BTC) fell 12% in the second quarter, but that didn’t stop institutional investors from significantly increasing their investments in BTC ETFs, according to a report released by asset manager Bitwise on Monday.

21.08.2024 21:00 1 min. read Alexander Stefanov

Polish Citizen Detained in Montenegro for $21 Million Crypto Fraud

Polish citizen Roman Siemian, co-founder of digital currency trading platform FutureNet, has been detained in Montenegro in connection with allegations that he defrauded users of approximately $21 million.

21.08.2024 20:30 1 min. read Alexander Stefanov

Binance to Remove 9 Spot Trading Pairs on August 23

Binance, the world’s largest cryptocurrency exchange, has announced the delisting of nine spot trading pairs including the following cryptocurrencies: ARKM, CHZ, ENA, FIRO, IOTA, JOE, OMNI, REZ and SUPER.

21.08.2024 20:00 1 min. read Alexander Stefanov

Stay Away From Cardano and XRP, Warns Ex-Goldman Sachs Executive

Ex-Goldman Sachs exec Raoul Pal criticized popular altcoins XRP and Cardano (ADA) in a recent interview.

21.08.2024 19:30 1 min. read Alexander Stefanov

Tether Teases New Stablecoin Initiative in UAE Market

Tether, the leading stablecoin issuer, is set to launch a new digital currency tied to the UAE dirham (AED).

21.08.2024 19:00 1 min. read Alexander Stefanov

Robinhood Enhances Crypto Trading on Android

Robinhood has added new trading features to its Android app, now offering stop-loss and stop-limit orders for cryptocurrency transactions.

21.08.2024 18:30 1 min. read Alexander Stefanov

Malaysian Authorities Destroy $450K Worth of Bitcoin Mining Equipment

Malaysian officials have dismantled 985 bitcoin mining rigs valued at approximately 1.98 million Malaysian ringgits ($452,500), as part of an ongoing effort to combat electricity theft associated with cryptocurrency mining.

21.08.2024 18:00 1 min. read Alexander Stefanov

Ethereum Whale Secures Profits from Recent Price Surge

A major Ethereum investor has taken advantage of the recent increase in ETH prices, liquidating 15,000 ETH and earning around $40 million.

21.08.2024 17:30 1 min. read Alexander Stefanov

US Bitcoin ETFs See Continued Positive Flow, While Ethereum Funds Struggle

On Tuesday, U.S. Bitcoin exchange-traded funds (ETFs) saw a notable influx, with $88.06 million in net inflows.

21.08.2024 17:00 1 min. read Alexander Stefanov

Binance and CEO Zhao in Hot Water: New Lawsuit Raises Serious Concerns

A class action lawsuit has been initiated against Binance and its CEO, Changpeng Zhao, in the U.S. District Court for the Western District of Washington.

21.08.2024 16:30 1 min. read Alexander Stefanov

Tron (TRX) Surge by More Than 10% – Here is Why

Tron (TRX) recently bucked the trend of declining altcoins with a notable increase of up to 12%, pushing its price above $0.16, the highest it’s been since May 2021.

21.08.2024 16:00 1 min. read Alexander Stefanov

OKX to Delist Multiple Trading Pairs on August 29

OKX has announced the removal of several trading pairs to enhance market liquidity and streamline the trading process.

21.08.2024 15:30 1 min. read Alexander Stefanov

Tron’s New Initiative is an Incredible Success

The Tron network has recently reached a significant financial milestone following the launch of its latest initiative – SunPump.

21.08.2024 15:00 2 min. read Alexander Stefanov

Bitcoin (BTC) Mining Costs Soar Amid Rapid Growth

BitFuFu, a cloud mining firm affiliated with Bitmain, has released its unaudited financial results for the second quarter of 2024, ending June 30.

21.08.2024 14:30 1 min. read Alexander Stefanov

Bitcoin Transfer from Mt. Gox to Bitstamp Suggests Imminent Payout

It appears that Mt. Gox has moved approximately $75.36 million worth of Bitcoin to a Bitstamp wallet, potentially signaling an upcoming payout to creditors.

21.08.2024 14:00 1 min. read Alexander Stefanov

State Street Partners with Taurus to Enhance Digital Asset Services

State Street has announced a strategic partnership with crypto custodian Taurus to enhance its offerings in tokenization and digital custody services for institutional investors.

21.08.2024 13:30 2 min. read Alexander Stefanov

Michael Saylor Outlines Key Factors for Bitcoin’s Potential Price Boom

Bitcoin has made impressive strides recently, including the approval of a spot BTC ETF and a new all-time high earlier this year.

21.08.2024 13:00 2 min. read Alexander Stefanov

Bitcoin Amsterdam 2024 Returns to Westergas

Amsterdam, Netherlands – August 14, 2024 – The Bitcoin Amsterdam 2024 conference is set to take the stage once again at the iconic Westergas venue on October 9-10, 2024.

21.08.2024 12:47 2 min. read Alexander Stefanov

U.S. Presidential Candidate is Considering Dropping out of 2024 Race

The independent presidential campaign of Robert F. Kennedy Jr., known for his pro-crypto stance, is considering a major change.

21.08.2024 12:30 2 min. read Alexander Stefanov

BRICS: World Reserves in US Dollars Hit Historic Lows

The central banks of many developing countries are increasingly diversifying their reserves away from the US dollar and into gold and local currencies.

21.08.2024 12:00 2 min. read Alexander Stefanov

German Authorities Target Illegal Crypto ATMs in Nationwide Raid

German authorities have seized $28 million in cash and 13 cryptocurrency ATMs in a major nationwide crackdown on unauthorized activities.

21.08.2024 11:30 2 min. read Alexander Stefanov

Gemini to Delist Terra Luna Classic and Other Cryptocurrencies

Crypto exchange Gemini has revealed plans to remove Terra Luna Classic (LUNC) from its platform, according to information shared with those close to the matter.

21.08.2024 11:00 1 min. read Alexander Stefanov

Blast Network Faces Severe Drop in TVL and User Activity

Blast Network, an Ethereum layer-2 scaling solution, is experiencing significant setbacks, with major declines in both its total value locked (TVL) and daily active users, raising doubts about its long-term viability.

21.08.2024 10:30 1 min. read Alexander Stefanov

Here is How a Crypto Billionaire’s Portfolio Looks Like

Justin Sun, the founder of Tron and a prominent figure in the cryptocurrency realm, is once again capturing attention.

21.08.2024 10:00 2 min. read Alexander Stefanov

Cardano’s Next Major Upgrade to Launch on August 27

Tim Harrison, Vice President of Community and Ecosystem Communications at IOHK, the company behind Cardano, has revealed that the first phase of the Chang hard fork is likely to launch on the mainnet on August 27.

21.08.2024 9:30 1 min. read Alexander Stefanov

Top Hedge Funds Increase Investments in Bitcoin ETFs

A growing number of top hedge funds are investing in Bitcoin ETFs, with 60% of the largest 25 firms now holding these assets, signaling a broader acceptance of cryptocurrencies by institutional investors.

21.08.2024 9:00 1 min. read Alexander Stefanov

Tether Mints Over $33 Billion in USDT Across Tron and Ethereum

Blockchain data reveals that Tether, the company behind the stablecoin USDT, has created over $33 billion worth of USDT in the past year.

21.08.2024 8:30 1 min. read Alexander Stefanov

BlackRock Becomes Third-Largest Bitcoin Holder With Almost 350,000 BTC

BlackRock has rapidly expanded its Bitcoin holdings, now owning close to 350,000 BTC, making it the third-largest holder globally, behind only Satoshi Nakamoto and Binance, according to blockchain data.

21.08.2024 8:00 2 min. read Alexander Stefanov

Justin Sun Transferred $156 Million Worth of Bitcoin to Binance – Here’s Why

It’s being reported that Tron (TRX) founder Justin Sun is likely exchanging BTC for WBTC.

21.08.2024 7:00 1 min. read Alexander Stefanov

Analyst Sees Bitcoin Following Nikkei Patterns, Predicts $1 Million by 2027

A popular crypto analyst known as TechDev has observed that Bitcoin’s price trends seem to follow patterns similar to the Nikkei 225, a Japanese stock market index that tracks major companies on the Tokyo Stock Exchange.

20.08.2024 21:00 1 min. read Alexander Stefanov

Mango Markets Offers Settlement to SEC Over Alleged Violations

Mango Markets is negotiating a potential settlement with the U.S. Securities and Exchange Commission (SEC) over claims of breaching securities regulations.

20.08.2024 20:30 1 min. read Alexander Stefanov

Yen Strength Could Impact Bitcoin and Crypto Markets, Warns Analyst

Crypto investors should prepare for possible market turbulence following a recent warning from Wendy O, a leading crypto analyst.

20.08.2024 20:00 2 min. read Alexander Stefanov

Jupiter Alerts Users to New Solana Wallet Scam

Jupiter, a decentralized exchange aggregator, has issued a warning about a new fraudulent browser extension that targets Solana users.

20.08.2024 19:30 1 min. read Alexander Stefanov