Author Alexander Stefanov

Ethereum’s price has risen 25% from its low of $2,112 on August 5, but veteran trader Peter Brandt is predicting a potential drop to around $1,650.

In a notable shift, the Dubai Court of First Instance has validated the use of cryptocurrency for salary payments in employment contracts.

On Thursday, the International Monetary Fund (IMF) suggested raising electricity taxes for cryptocurrency miners by as much as 85% to address global carbon emissions.

The Arbitrum DAO has passed a proposal aimed at increasing the functionality of the ARB token and enhancing governance security.

Economist Peter Schiff has highlighted Bitcoin’s (BTC/USD) divergence from other risk assets as the leading cryptocurrency has seen a significant decline while stock markets have risen.

On Thursday, U.S. spot Ethereum ETFs saw a $39.21 million outflow, ending a three-day streak of positive inflows.

Recently, a trader earned an impressive $67,300 within seven hours by trading meme coins on the Tron network.

A recent report shows a decline in overall illegal cryptocurrency transactions in 2024, but highlights an increase in certain types of crypto crime.

South Korea’s National Pension Service (NPS), the world’s third-largest pension fund by assets, increased its exposure to Bitcoin by purchasing shares of MicroStrategy, a company known for its significant holdings in BTC.

Crypto analyst Benjamin Cowen suggests Ethereum (ETH) could be approaching a bottom in its valuation against Bitcoin (ETH/BTC).

Recent analysis from Glassnode reveals a notable increase in Bitcoin accumulation.

Ethereum co-founder Vitalik Buterin recently announced that he has donated all the animal-themed memecoins he received last year to charity.

Binance, the leading global cryptocurrency exchange, has reached a settlement with Brazil’s Securities and Exchange Commission (CVM) involving a payment of 9.6 million reais (approximately $1.76 million).

Bitcoin mining saw reduced profitability in July compared to June, as reported by Jefferies.

Analyst Jason Pizzino is exploring whether the cryptocurrency market might see further declines.

Arthur Hayes, co-founder of BitMEX, has made a significant acquisition of 11.4 million ATH tokens through OKX, totaling approximately $779K, as recent trading records reveal.

In the rapidly evolving world of financial technology, digital platforms are reshaping how businesses and professionals interact with financial services.

The U.S. has launched its first Bitcoin-related leveraged ETF, the MicroStrategy ETF (MSTX), which offers investors 175% daily leveraged exposure to MicroStrategy.

During the Crypto4Harris event on August 14, Senate Majority Leader Chuck Schumer and other prominent Democrats advocated strongly for clearer cryptocurrency regulations and bipartisan support to shape the industry’s future.

Circle’s CEO, Jeremy Allaire, has emphasized the need for a definitive stance on cryptocurrency from Kamala Harris, the Democratic presidential nominee.

Singapore’s central bank, the Monetary Authority of Singapore (MAS), is spearheading an initiative with banks and technology firms to evaluate Quantum Key Distribution (QKD) as a defense against the potential threats of advanced quantum computing.

Russia is back in the spotlight after recent issues with the Libyan dinar, which Libyan officials attribute to a surge in counterfeit bills reportedly linked to Russia.

Binance, a major crypto exchange, has reappeared on India’s Google Play Store and Apple’s App Store after a seven-month ban for failing to comply with local regulations.

Despite Ethereum’s price remaining relatively flat recently, Boomer Saraga, founder and CEO of Khelp Financial, believes the Ethereum network is nearing peak performance.

In an exclusive interview with the New York Post, Eric Trump, executive vice president of the Trump Organization, highlighted the potential of cryptocurrency, describing it as “digital real estate” that offers fair and immediate access to financial services.

Australia’s competition watchdog has uncovered that a significant portion of cryptocurrency ads on Facebook are either fraudulent or in violation of Meta’s guidelines.

Morgan Stanley has revealed a substantial investment of $187.79 million in BlackRock’s iShares Bitcoin Trust, according to its recent Form 13F filing with the U.S. Securities and Exchange Commission.

Recent Q2 reports from Bitcoin mining companies have highlighted their performance post-April halving, which increased mining difficulty and reduced hash prices.

The State of Wisconsin Investment Board (SWIB) has significantly increased its investment in Bitcoin, now holding nearly $99 million worth of BlackRock’s iShares Bitcoin Trust (IBIT) ETF.

During the second quarter, about 66% of institutional investors either maintained or boosted their Bitcoin investments through U.S.-based spot ETFs, as reported by Bitwise.

Revolut, an online banking platform with a strong focus on cryptocurrency, has teamed up with the hardware wallet company Ledger to boost crypto transactions across several European Economic Area (EEA) nations.

In the summer of 1995, NASA set a new space endurance record with a mission of 84 days, a stark contrast to today’s astronauts who may spend eight months in space.

Exodus, the cryptocurrency wallet service, saw a notable surge in revenue for Q2 2024, reporting an 80% increase year-over-year to $22.3 million.

CoinShares recently analyzed how the upcoming US elections could impact the cryptocurrency industry.

The Open Network (TON) and Pyth Network have joined forces to enhance data accuracy for developers on the TON blockchain.

Iran is offering a $20 reward to citizens who report unauthorized cryptocurrency miners as the country deals with power shortages and a severe heatwave.

Tron (TRX) is positioning itself as a significant challenger to Visa in the digital payments space, with its USDT settlement volumes reaching $1.25 trillion in Q2 2024.

Norway’s sovereign wealth fund, NBIM, has increased its Bitcoin holdings to approximately $149.48 million, with a total of 2,446 BTC.

XRP has recently surged past the critical $0.5657 resistance level, following a 14% correction.

The latest US Consumer Price Index (CPI) report shows July’s inflation rate dropping to 2.9%, just below the expected 3%.

As Ethereum Layer 2 solutions multiply, fragmentation has become a significant challenge, affecting user experience and growth.

Robert Kiyosaki, entrepreneur, investor and author of the bestselling personal finance book “Rich Dad, Poor Dad”, has issued a stark warning of an impending economic downturn.

The International Monetary Fund (IMF) and El Salvador are making headway towards a deal to address concerns linked to Bitcoin’s use as legal tender.

Riot Platforms has increased its stake in Canadian Bitcoin mining company Bitfarms Ltd. to 18.9%, thereby strengthening its influence over the company.

Markus Thielen from 10x Research suggests that a rise in stablecoin issuance might be crucial for Bitcoin’s next price surge.

According to data from Glassnode, nearly half of Bitcoin’s total supply has remained flat over the past six months, reflecting strong investor confidence.

Jump Trading, a major trading firm, has recently shifted 17,049 Ether, valued at roughly $46.44 million, in anticipation of a market move.

Despite the recent drop in the price of Dogecoin, around 73% of the cryptocurrency’s holders are still in profit, which shows the resilience of the meme coin in a volatile market.

Crypto analyst Benjamin Cowen predicts that macroeconomic trends may lead altcoins to gradually challenge Bitcoin’s (BTC) dominance in the near future.

MetaMask, a leading self-custodial wallet for Ethereum, is debuting a new blockchain-based debit card in partnership with Mastercard and Baanx.

John Bollinger, renowned financial trader and creator of the widely recognized and used “Bollinger bands” indicator, recently shared his insights on the crypto market, focusing on Litecoin in particular.

Crypto.com has made headlines as the first cryptocurrency platform to secure an exclusive deal with the UEFA Champions League.

After reshuffling his altcoin investments, cryptocurrency analyst Michaël van de Poppe has highlighted several assets with strong potential returns.

Probably the most important U.S. inflation indicator, the Consumer Price Index (CPI), just came out.

Coinbase, the leading cryptocurrency exchange in the US, has unveiled its latest initiative: Coinbase Wrapped BTC (cbBTC).

dYdX Chain is preparing to launch its most significant update yet this fall, which is set to bring transformative changes to the decentralized exchange (DEX) sector.

Cryptocurrency investors are increasingly holding onto digital assets, especially Bitcoin, as they await the release of the upcoming US Consumer Price Index (CPI) data.

Eric Balchunas, a Bloomberg ETF analyst, reports that spot Bitcoin (BTC) exchange-traded funds have seen over $19.3 billion in net inflows this year.

Goldman Sachs has released its 13F filing for the second quarter, revealing significant investments in several Bitcoin ETFs.