Author Alexander Stefanov

Bitcoin is recovering from its recent losses earlier this week. Michael Saylor, executive chairman of MicroStrategy, shared his thoughts on Market Domination about the cryptocurrency’s recent movement and his bullish outlook.

Shytoshi Kusama, the lead developer of Shiba Inu, has recently reached out to the SHIB community to affirm its dominance over Dogecoin.

Nvidia CEO Jensen Huang has recently sold $49 million worth of NVDA shares, continuing a significant divestment trend.

Shiba Inu (SHIB), the second largest meme coin, experienced a significant dip on August 5, hitting a five-month low before rebounding a few days later.

Celsius Network Ltd. has filed a lawsuit against Tether and its affiliates, accusing them of engaging in “fraudulent” and “preferential” transfers involving over $2 billion in Bitcoin (BTC).

Popular cryptocurrency investor Chris Burniske anticipates a significant bull run in the crypto market.

Ripple Labs, a US-based technology company known for developing the Ripple payment protocol and exchange network, announced on Friday that it has begun testing its stablecoin, RLUSD, on both the XRP Ledger and Ethereum blockchain networks.

Ripple has recently cautioned its community about a surge in fraudulent schemes targeting XRP holders.

The Supreme Court of Montenegro has once again postponed the extradition of Terra (LUNA) co-founder Do Kwon to South Korea.

Cardano (ADA), a prominent proof-of-stake cryptocurrency, has achieved exceptionally low inflation, drawing both commendation and criticism from the crypto community.

Analyst Benjamin Cowen suggests that the struggling altcoin market might start recovering against Bitcoin (BTC) under specific conditions.

Solana, a blockchain renowned for its rapid transactions, is under the spotlight again due to significant performance issues.

Dogecoin is experiencing a surge in large transactions and positive price action, leading traders to predict a bullish future for the meme cryptocurrency.

The number of Ethereum layer-2 wallet addresses using Uniswap’s decentralized exchange nearly doubled last month compared to June.

On August 9, 2024, the Thailand SEC launched its Digital Asset Regulatory Sandbox, aiming to drive innovation within the country’s Bitcoin and digital asset industries.

Cardano (ADA) is poised to launch the highly anticipated Chang hard fork as over 70% of nodes have signaled readiness for the new version.

Irish police has seized €6.5 million ($7.1 million) in cryptocurrency from three individuals arrested in Dublin for suspected involvement in dark web crimes and money laundering.

Cardano has made notable improvements to its Hydra Head scaling solution with the release of version 0.18.0.

Bitcoin (BTC) mining has seen a notable decrease in energy consumption, dropping to 115.21 TWh (terawatt-hours) as of now, down 24% from 152.52 TWh at the end of July 2024, according to Digiconomist.

On Monday, Ethereum saw a significant rise in validator exits amidst a broader market downturn, while investments in Ethereum ETFs surged.

Vitalik Buterin has transferred over $8 million in Ether to a new multisignature wallet.

Veteran trader Peter Brandt is forecasting a significant drop for Bitcoin (BTC), suggesting there’s a 50% likelihood it could fall below $40,000 within this market cycle.

An institutional investor recently faced a significant loss after selling 25 million Curve DAO Tokens (CRV) over three days.

On August 8, 2024, Ethereum developers met for the 139th All Core Developers Consensus (ACDC) call, chaired by Alex Stokes.

Robert Kiyosaki, renowned investor and author of the best-selling book “Rich Dad, Poor Dad,” has issued warnings about the actions of the United States government, specifically the Federal Reserve and the Treasury Department.

Turkey has seen a significant increase in interest from cryptocurrency companies looking to set up operations within its borders.

James Seyffart recently indicated on X that there have been developments with Bitcoin ETF options.

On Friday, Bitcoin (BTC) continued its upward momentum from Thursday, holding above the $60,000 mark.

The SEC is expected to appeal the recent court ruling in favor of Ripple Labs, focusing on the classification of XRP’s secondary sales as securities.

Solana developers, validators, and client teams managed a serious security issue by ensuring a majority of the network’s stake was secured before the public was informed.

A major transfer of 14,500 ETH, worth about $35.2 million, has been traced to Tornado Cash, a crypto mixing platform, linked to the Nomad Bridge hack of August 2022.

Bitcoin miners are facing tough times as they encounter new challenges. Last Wednesday, mining difficulty surged dramatically, and Bitcoin’s value dropped by $10,000 in one day.

WazirX, India’s leading cryptocurrency exchange, has announced that it will reverse all user account transactions following a cyber attack on July 18, 2024.

Dogecoin’s ecosystem has achieved a significant development with the introduction of Dogecoin Core 1.14.8.

Concerns about a potential US recession have intensified following a global stock market drop and a weaker-than-expected jobs report.

London’s High Court has issued a global freeze on assets tied to individuals involved in the OneCoin scam, including Ruja Ignatova, known as the ‘Cryptoqueen’.

The International Monetary Fund (IMF) is collaborating with El Salvador to address the financial risks linked to its Bitcoin adoption.

São Paulo’s Civil Police have uncovered and dismantled a major money laundering operation linked to the drug cartel First Capital Command (PCC).

CryptoQuant’s CEO, Ki Young Ju, remains optimistic about the future of altcoins despite challenging macroeconomic conditions.

Bitcoin whale transactions surged to their highest levels since April amid a sharp market drop on August 5 and 6, with large holders capitalizing on the price decline.

On Thursday, the U.S. Federal Reserve announced an enforcement action against Customers Bancorp (CUBI.N) due to “significant deficiencies” in the bank’s risk management and anti-money laundering practices.

One of the well-known crypto analysts known as “Rekt Capital” shared a bullish sentiment on Bitcoin (BTC) despite its recent drop to a six-month low.

Immutable, a key player in the NFT and blockchain gaming space, is closing its NFT marketplace on August 13, with a full redirection by September 27.

On Thursday morning, Bitcoin surpassed $57,000 after falling to below $50,000 during Monday’s market sell-off.

Binance Labs, the venture capital division of the world’s largest crypto exchange, has announced a new investment in Solayer, a staking protocol built on the Solana blockchain.

Following a steep market downturn on August 5th, the cryptocurrency landscape is rebounding.

A new proposal in the United States aims to make the country a leader in the digital economy sector by creating a tax-free Digital Economic Zone (DEZ) for Bitcoin.

For the first time in a U.S. election, a major political candidate is accepting cryptocurrency donations. Former President Donald Trump has made a surprising pivot, now embracing digital assets and even suggesting that all remaining Bitcoin should be mined in the U.S.

JPMorgan Chase CEO Jamie Dimon recently commented on the US economy, saying that it has “not entered a recession at all” despite the market volatility seen this week.

In a recent Bloomberg interview, Michael Saylor, Chairman of MicroStrategy, disclosed that his Bitcoin holdings are valued around $1 billion.

As Ethereum faces recent challenges, the crypto community has found a new target for their frustrations.

A well-known analyst is predicting a significant recovery for Bitcoin (BTC), expecting it to quickly recover its recent losses.

An irish regulator has initiated legal action against Twitter International Unlimited Company, citing violations of EU data protection laws.

XRP is breaking away from current market sentiment as it scored a major regulatory victory against the US Securities and Exchange Commission (SEC).

Robinhood’s second-quarter earnings showed significant growth, with revenue reaching $682 million, a 40% increase from the previous year.

Nasdaq and BlackRock have filed a proposal with the SEC to introduce options trading for BlackRock’s Ethereum ETF, the iShares Ethereum Trust (ETHA).

Google and Amazon are set to collaborate with the Reserve Bank of India on the e-rupee, a digital form of India’s currency.

On Wednesday, Chinese authorities reactivated a substantial amount of Ethereum, previously seized in connection with the Plus Token Ponzi scheme.

A prominent crypto analyst predicts a major comeback for the NFT sector in the current market cycle.