Author Alexander Stefanov

Bitcoin’s recent dive below $50,000 has left the investment community trying to understand the abrupt market shift.

In 2024, Binance has added 30 new tokens to its platform, but the results have been largely underwhelming.

Bitcoin (BTC) recently saw its price surge by 5.5% on August 6 but struggled to hold above $57,000.

After Morgan Stanley announced that it will allow its advisors to offer Bitcoin ETFs to some of their clients, another big american bank followed their example.

The Brazilian Securities and Exchange Commission (CVM) has greenlit the introduction of the first Solana spot ETF, marking a global first.

After four long years of legal battles, the Ripple vs. SEC case about XRP sales being securities reached the final stage.

Ripple was penalized with a fine of only $125 million for their institutional sales, while cryptocurrency exchange transactions were declared lawful.

A city in California is seeking state and local regulations to govern Bitcoin ATMs in order to reduce fraud and increase transparency.

MicroStrategy’s founder, Michael Saylor, claims that younger generations are increasingly turning away from traditional finance in favor of Bitcoin (BTC) due to its 24/7 availability and modern advantages.

A leading crypto analyst advises investors to wait for Bitcoin to drop to the low $40,000s before buying, suggesting this could be the best entry point for the upcoming market rally.

Ripple has teamed up with the DIFC Innovation Hub to accelerate the development of blockchain and digital asset technologies in the UAE.

According to Goode Intelligence, global biometric payment transactions are projected to hit $5.8 trillion and involve three billion users by 2026.

Ark Invest bought another 19,892 shares of Coinbase worth $3.9 million through three of its exchange-traded funds on Tuesday, continuing to rebalance its funds’ holdings after Monday’s market plunge.

The Bank of Japan (BOJ) has opted to keep interest rates unchanged due to ongoing global market volatility, according to Deputy Governor Shinichi Uchida.

A well-known analyst and trader, has identified four potential triggers that could revive the crypto market after a recent significant downturn.

Following the sharp market downturn on August 5, 2024, Binance saw a remarkable influx of $1.2 billion, showcasing significant trader activity amid falling cryptocurrency prices.

On Monday, Andrew Tate’s cryptocurrency Daddy Tate (DADDY) hit a record low of around $0.048, but it still made a remarkable recovery, rising over 70% in just two days.

The aftermath of Monday’s market crash has led to some interesting developments – this time Solana (SOL) is leading the way.

The Ronin (RON) bridge recently fell victim to a significant exploit, resulting in a $10 million theft of Ethereum (ETH).

The U.S. Securities and Exchange Commission (SEC) has asked a New York court to reject Coinbase’s subpoena demanding extensive documentation related to cryptocurrency assets.

As of August 3, 2024, Berkshire Hathaway owns 4% of all publicly issued T-Bills, significantly more than the Federal Reserve’s $195 billion.

Metaplanet Inc has unveiled plans to issue stock acquisition rights to all its common shareholders as part of a strategy to raise approximately 10 billion Japanese yen, or $69.13 million. Of this amount, 8.5 billion yen (about $58.76 million) will be invested in Bitcoin.

In the midst of a major downturn in the cryptocurrency market, industry leaders are taking advantage of falling prices by buying up Ethereum.

Nassim Taleb, renowned risk analyst and author of “The Black Swan”, has provided insights into the recent Japanese market crash and its effects on Bitcoin.

Ki Young Ju, the CEO and founder of CryptoQuant, has recently weighed in on the ongoing debate regarding Bitcoin’s position in the financial landscape.

The cryptocurrency market has been hit hard by a significant crash, with Bitcoin and other digital assets experiencing substantial losses.

In the latest market slump, major Bitcoin holders, known as whales, have capitalized on the situation to substantially increase their Bitcoin (BTC) reserves.

WazirX, the cryptocurrency exchange, has officially filed a First Information Report (FIR) regarding the recent hack that resulted in substantial financial losses.

Arthur Hayes, a well-known crypto investor, has forecasted that the markets might soon face another downturn following the recent crash.

A well-known crypto strategist believes that three altcoins, including the Layer-1 project Sui (SUI), are currently in a significant downtrend.

Economist Henrik Zeberg, who has a significant following, remains optimistic about the future of both cryptocurrency and the US stock market, despite recent downturns.

Vitalik Buterin, Ethereum’s co-founder, has unveiled his plans to improve cross-chain compatibility among Ethereum layer-2 networks, aiming to enhance the overall Ethereum ecosystem.

Peter Brandt, a seasoned trader, observes that Bitcoin’s recent decline resembles market trends before the 2016 bull run.

India’s Directorate General of GST Intelligence (DGGI) has issued a notice to Binance, demanding a payment of about $86 million for Goods and Services Tax (GST).

Interest in XRP has surged on digital asset platforms following a favorable court ruling for Ripple Labs against the SEC, clarifying that XRP sold on exchanges is not a security.

Tezos co-founder Kathleen Breitman has voiced concerns about Bitcoin’s status as a reliable store of value amid the recent cryptocurrency market downturn.

Cardano has had a rough start to 2024, seeing a 34% drop in value and falling behind other top cryptocurrencies in market cap.

Crypto expert Chris Burniske remains optimistic about Solana (SOL), maintaining his prediction of a $1,000 price target despite recent market declines.

On August 5, Bitcoin and Ethereum ETFs in the US saw a significant spike in trading activity, reaching nearly $6 billion amid market fluctuations.

FedNow, touted by the US Federal Reserve as a 24/7 instant payments solution and a potential “crypto killer,” has not had the expected impact on the cryptocurrency market.

Bitcoin has bounced back after a sudden drop on Sunday that left traders reeling, hitting its lowest point in almost six months.

Elon Musk has reignited his legal battle with OpenAI and its CEO, Sam Altman, by filing a new lawsuit on August 5 in California. This follows Musk’s earlier decision to drop a similar case in June.

Financial markets are in chaos, with Donald Trump attributing the crash to Kamala Harris and the Biden administration.

Galaxy Digital is warning that Bitcoin layer-2 solutions might face significant financial challenges due to increased transaction fees.

In the wake of a global market downturn affecting various asset classes, JPMorgan has suggested that a “buy-the-dip” opportunity may be approaching.

A seasoned trader known for accurately forecasting the May 2021 crypto downturn believes Bitcoin (BTC) is poised for a strong finish to the year.

QCP Capital’s latest report attributes the recent cryptocurrency downturn and Ethereum’s drop to heavy selling of ETH.

Shiba Inu, a popular meme cryptocurrency, managed to claim the 12th place in the CMC ranking, surpassing Avalanche in market capitalization.

The cryptocurrency market reacted swiftly to the global economic downturn over the weekend, with predictions of continued instability.

On August 5, Capula Management, one of Europe’s largest hedge funds, revealed it has invested close to $500 million in Bitcoin exchange-traded funds (ETFs).

A prominent on-chain analyst predicts that the US government might eventually return up to 100,000 seized Bitcoin to their original owners.

After a dramatic $1 billion liquidation wave among leveraged crypto traders in the past 24 hours, Justin Sun, the founder of Tron (TRX), has unveiled a major relief initiative.

Solana (SOL) is under strain from high inflation rates, which are exacerbated by the ongoing release of new tokens and the absence of a supply cap.

Meme coins are experiencing a significant crash as the crypto fear and greed index plunges into the fear zone.

Bitcoin mining is experiencing unprecedented difficulty levels, which have reached an all-time high as of early August.

Global markets, including crypto, experienced significant selling preassure, which led to major price corrections.

U.S. senators are pushing for new legislation to expand the Secret Service’s role in tackling crimes involving digital assets.

A recent analysis reveals that significant declines in just 10 S&P 500 stocks, including major players like Nvidia, Microsoft, and Amazon, have erased over $2 trillion from investor portfolios since mid-July.

Dogwifhat (WIF), a meme coin on the Solana network, has plunged significantly in price, mirroring the broader market downturn.