Author Alexander Stefanov

Optimism Reverts to Permissioned State After Fraud Proof Bugs Found

Optimism recently introduced permissionless fraud proofs, a major advancement for its Ethereum-based layer-2 network.

19.08.2024 12:00 2 min. read Alexander Stefanov

Vitalik Buterin Pushes for Cautious Tech Development Amid Rapid Advances

Vitalik Buterin, co-founder of Ethereum, has recently registered a new Ethereum Name Service (ENS) domain: “dacc.eth.”

19.08.2024 11:00 1 min. read Alexander Stefanov

Wintermute Sells Huge WBTC Stash, Whale Takes Advantage

In a notable development, Wintermute, a major player in the crypto market, has sold off nearly its entire stash of Wrapped Bitcoin (WBTC) on Binance, as revealed by on-chain data.

19.08.2024 10:30 1 min. read Alexander Stefanov

XRP Struggles to Rally Despite SEC Settlement

Despite the resolution of the SEC-Ripple lawsuit, XRP continues to struggle with its price performance.

19.08.2024 10:00 1 min. read Alexander Stefanov

Big Investors Piling into Aave (AAVE) as DeFi Sector Grows

Crypto investor Arthur Cheong recently highlighted a trend among major investors accumulating a prominent altcoin.

19.08.2024 9:30 1 min. read Alexander Stefanov

Bitcoin Analyst Predicts Short-Term Dip, Mid-Term Rally

Bitcoin (BTC) is once again hovering around the significant $60,000 mark, stirring mixed sentiment among market participants.

19.08.2024 9:00 2 min. read Alexander Stefanov

Robert Kiyosaki Warns: Move Your Money Out of Banks

Robert Kiyosaki, author of ‘Rich Dad Poor Dad,’ has recently turned his attention to the banking system, issuing a stark warning on August 18 through his social media platform.

19.08.2024 8:30 1 min. read Alexander Stefanov

Gold Surpasses $2,500 as Bitcoin Falls Behind: Analyst Weighs In

Last Friday, gold hit a record high, exceeding $2,500 per ounce, while Bitcoin struggled to keep pace. This has led to a debate within the financial community about the fundamental differences between the two assets.

19.08.2024 8:00 2 min. read Alexander Stefanov

$26 Million Transfer to Binance Raises Bearish Concerns for Ethereum

Recent data shows that the digital asset management company Metalpha has withdrawn 10,000 ETH totaling about $26 million from the liquid stacking platform Lido and transferred them to Binance. This action has raised concerns about potential bearish implications for the price of Etherium.

18.08.2024 21:00 2 min. read Alexander Stefanov

We Still Haven’t Experienced the Real Bitcoin Bull Run, According to Blockstream CEO

Adam Back, CEO of Blockstream, believes Bitcoin is still in the early phases of a bull market and could potentially rise by over 700% this cycle.

18.08.2024 20:00 1 min. read Alexander Stefanov

Former JPMorgan Employee Fined and Suspended by FINRA for Data Misuse

A former JPMorgan employee is facing disciplinary action from the Financial Industry Regulatory Authority (FINRA) for alleged breaches of regulations.

18.08.2024 19:00 1 min. read Alexander Stefanov

Bitcoin Miners Could Unlock $38 Billion – Here is How

VanEck forecasts that Bitcoin miners could generate up to $38 billion in extra revenue by reallocating 20% of their operations towards artificial intelligence (AI) and high-performance computing (HPC).

18.08.2024 18:00 1 min. read Alexander Stefanov

Ethereum ETFs Set to Challenge Bitcoin Dominance, Claims VC Expert

Vance Spencer, co-founder of Framework Ventures, recently discussed the evolving landscape of Bitcoin and Ethereum ETFs in an interview with CNBC.

18.08.2024 17:00 2 min. read Alexander Stefanov

PayPal’s PYUSD Becomes Sixth-Largest Stablecoin

PayPal’s stablecoin, PYUSD, has recently surpassed Tron’s USDD in market capitalization, positioning itself as the sixth-largest stablecoin in the crypto space.

18.08.2024 16:00 2 min. read Alexander Stefanov

Charles Hoskinson Puts Up $1 Million to Test Cardano’s Wallet Security

Charles Hoskinson, the founder of Cardano, has announced a $1 million challenge to the ADA community.

18.08.2024 15:00 2 min. read Alexander Stefanov

U.S. Banks Exposed to Potential Financial Crisis, Report Finds

A new report reveals that 94 U.S. banks are at high risk of facing bank runs from uninsured depositors if they show signs of financial instability.

18.08.2024 14:00 2 min. read Alexander Stefanov

Turkey Grants Regulatory License to Leading Crypto Exchanges

Turkey recently expanded its list of licensed crypto exchanges, adding major players such as Coinbase, KuCoin and Gate.

18.08.2024 13:00 2 min. read Alexander Stefanov

Solana Set for $340 Million Token Unlock in August: What Could This Mean for the Price?

Solana (SOL) is poised to top the token unlock list in August, with nearly $340 million worth of SOL tokens set to enter circulation.

18.08.2024 12:00 1 min. read Alexander Stefanov

Here’s What’s Driving the Decline in Memecoins’ Prices

Nate Geraci, founder of the ETF Institute, believes the recent downturn in memecoins is due to increased institutional investment in the cryptocurrency market.

18.08.2024 11:00 1 min. read Alexander Stefanov

BlackRock’s Digital Asset ETFs Surpass Grayscale in AUM

BlackRock, recognized as a leading global asset manager, recently reached a significant milestone:

18.08.2024 10:00 2 min. read Alexander Stefanov

Bitcoin Could Surge 200% if Dollar Index Drops, Analyst Predicts

Real Vision analyst Jamie Coutts forecasts that Bitcoin could see a 200% increase in its current cycle, potentially reaching a six-figure price.

18.08.2024 9:30 2 min. read Alexander Stefanov

Institutional Investment in Spot Bitcoin ETFs Grows as Retail Dominance Continues

Retail investors continue to lead the way in spot Bitcoin (BTC) exchange-traded funds (ETFs), but institutional interest is growing steadily each quarter, as reported by Vetle Lunde from K33 Research.

18.08.2024 9:00 2 min. read Alexander Stefanov

MultiversX Identified as Highly Undervalued in Latest Crypto Report

With the cryptocurrency market currently stable, there are opportunities to find undervalued digital assets with strong profit potential.

18.08.2024 8:30 2 min. read Alexander Stefanov

Bitcoin Miners Catch a Break with New Difficulty Drop

Bitcoin’s mining difficulty has seen a notable decrease of over 4% following the latest network adjustment.

18.08.2024 8:00 1 min. read Alexander Stefanov

German Federal Authority Issues a Warning to Crypto Users

Germany’s Federal Office for Information Security (BSI) has advised cryptocurrency users to protect their digital assets using hardware wallets.

17.08.2024 21:00 1 min. read Alexander Stefanov

Solana ETF Filings Vanish, Sparking Withdrawal Rumors

Filings for two Solana-based ETFs, designated SR-CboeBZX-2024-066 and SR-CboeBZX-2024-067, have disappeared from the public domain, leading to speculation as to whether they have been withdrawn.

17.08.2024 20:00 1 min. read Alexander Stefanov

Analyst Who Predicted 2018 Bitcoin Bottom Now Optimistic on BTC

A renowned cryptocurrency analyst and trader who accurately predicted Bitcoin’s bottom in 2018 is now expressing optimism about the cryptocurrency

17.08.2024 19:00 1 min. read Alexander Stefanov

Dogecoin Sees 32% Spike in Daily Active Addresses, Price Action to Follow?

According to IntoTheBlock, Dogecoin (DOGE) has seen a 32% increase in daily active addresses over the past 24 hours.

17.08.2024 18:07 1 min. read Alexander Stefanov

Malaysia Adopts Worldcoin’s Iris Scanning for Digital Identity Verification

Malaysia is integrating Worldcoin’s iris scanning technology into its digital systems, a major step in the country’s digital transformation.

17.08.2024 17:00 1 min. read Alexander Stefanov

Bank of Ghana Seeks Feedback on New Crypto Regulations

The Bank of Ghana has unveiled a draft proposal for regulating digital assets and is inviting public and stakeholder feedback.

17.08.2024 16:00 1 min. read Alexander Stefanov

Crypto Firm Secures $55 Million to Enhance DeFi Risk Management

Chaos Labs, a New York-based company specializing in risk management for decentralized finance (DeFi), has secured $55 million in an oversubscribed Series A funding round.

17.08.2024 15:00 1 min. read Alexander Stefanov

Bybit Expands Operations to Argentina as Licensed Crypto Service Provider

Bybit has expanded its operations to Argentina, becoming a licensed Virtual Asset Service Provider (VASP) and card operator.

17.08.2024 14:00 1 min. read Alexander Stefanov

Circle to Introduce USDC ‘Tap-and-Go’ Payments on iPhones

The integration of cryptocurrency with traditional technology is advancing rapidly, with Circle, the fintech company behind the USDC stablecoin, leading the charge.

17.08.2024 13:00 2 min. read Alexander Stefanov

Fed Increases Assets Amid Rate Cut Predictions

The Federal Reserve’s balance sheet expanded by $2 billion this week, reaching a total of $7.2 trillion.

17.08.2024 12:00 1 min. read Alexander Stefanov

Court Blocks Tens of Millions in Crypto Tied to Anti-Government Protests in Nigeria

A Nigerian court has issued a freeze on nearly $38 million in cryptocurrency out of a total $50 million that was allegedly donated to support protests against the country’s rising living expenses.

17.08.2024 11:00 1 min. read Alexander Stefanov

Bitdeer Announces $150 Million Convertible Notes Offering

Bitdeer Technologies Group, a Singapore-based cryptocurrency mining company, has proposed a $150 million public offering of convertible notes set to mature in 2029.

17.08.2024 10:30 1 min. read Alexander Stefanov

Justin Sun Launches New Platform for Creating Memecoins on Tron

Justin Sun, the creator of the Tron (TRX) network, has introduced Sun.io, a new decentralized finance (DeFi) platform that includes SunPump, a tool for creating memecoins on the Tron Blockchain.

17.08.2024 10:00 1 min. read Alexander Stefanov

Could a Bitcoin Reserve Help Solve the US National Debt?

The United States, known for its economic strength and advanced technology, is currently under the spotlight due to the approaching presidential election and the escalating national debt.

17.08.2024 9:30 2 min. read Alexander Stefanov

Dogecoin Faces Price Correction as Whale Activity Declines

Recently, Dogecoin (DOGE), a major player in the meme coin market, has struggled significantly.

17.08.2024 9:00 1 min. read Alexander Stefanov

Trump’s Financial Disclosure Shows Significant Crypto and NFT Holdings

Donald Trump’s latest financial report reveals he owns around $5 million in cryptocurrencies and has earned over $7 million from NFTs through a deal with NFT INT.

17.08.2024 8:30 1 min. read Alexander Stefanov

Chinese Banks Reject Russian Payments, Boosting Use of Crypto

Chinese regional banks, once vital for processing Russian payments, are now rejecting these transactions due to concerns about secondary sanctions.

17.08.2024 8:15 1 min. read Alexander Stefanov

Historical Patterns Suggest Bitcoin Price Rally is Just Around the Corner

Jamie Coutts from Real Vision believes Bitcoin (BTC) may be nearing a significant price rally due to favorable market conditions.

16.08.2024 21:00 2 min. read Alexander Stefanov

Analyst Predicts Major Surge for Decentralized Exchange Token

A prominent crypto analyst, known as The Crypto Dog, has indicated that the GMX token, associated with the decentralized exchange (DEX) GMX, is poised for a significant price surge.

16.08.2024 20:00 1 min. read Alexander Stefanov

Solana (SOL) Price Forecast by Former Goldman Sachs Executive

Former Goldman Sachs CEO Raul Pal shared a positive outlook for Etherium’s (ETH) main competitor Solana (SOL).

16.08.2024 19:30 2 min. read Alexander Stefanov

Michael Burry Exits Gold, Bets on Consumer Stocks and Real Estate

Michael Burry, renowned for his 2008 financial crisis forecast, has sold off his entire investment in the Sprott Physical Gold Trust ($PHYS), which had gained 23% over the past six months.

16.08.2024 19:00 1 min. read Alexander Stefanov

Kim Dotcom to be Extradited to US After 12 Years

A New Zealand judge has ruled that Kim Dotcom, the creator of Megaupload and the failed Bitcache crypto platform, will be extradited to the United States, 12 years after his arrest.

16.08.2024 18:30 1 min. read Alexander Stefanov

SEC Will Win Ripple Appeal, According to Better Markets CEO

Dennis Kelleher, CEO of Better Markets, has predicted a 90% likelihood that the U.S. Securities and Exchange Commission (SEC) will ultimately prevail in its appeal against Ripple.

16.08.2024 18:00 1 min. read Alexander Stefanov

French Authorities Arrest Suspects in Major Crypto Hack

French authorities have arrested several individuals linked to the June 13 cyberattack on the Holograph protocol.

16.08.2024 17:30 1 min. read Alexander Stefanov

Ethereum Price Could Crash Significantly According to Crypto Expert

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.

16.08.2024 17:00 2 min. read Alexander Stefanov

Dubai Court Approves Crypto Payments for Salaries

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

16.08.2024 16:00 1 min. read Alexander Stefanov

IMF Proposes Major Electricity Tax Hike for Crypto Miners

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

16.08.2024 15:30 2 min. read Alexander Stefanov

Arbitrum DAO to Boost Utility With Major Upgrade

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

16.08.2024 15:00 1 min. read Alexander Stefanov

Is Bitcoin Losing Correlation With Traditional Markets?

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.

16.08.2024 14:30 1 min. read Alexander Stefanov

Ethereum ETFs See $39M Outflow, Bitcoin ETFs Gain $11M

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

16.08.2024 14:00 1 min. read Alexander Stefanov

Crypto Investor Nets 10,362% Return in Seven Hours Trading Memecoins

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

16.08.2024 13:00 1 min. read Alexander Stefanov

Ransomware and Hacking Soar in 2024 as Overall Crypto Crime Declines Sharply

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

16.08.2024 12:30 2 min. read Alexander Stefanov

One of the Largest Public Pension Funds Increases Bitcoin Exposure

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.

16.08.2024 12:00 1 min. read Alexander Stefanov

Ethereum May Be Nearing a Bottom Against Bitcoin, Analyst Suggests

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

16.08.2024 11:00 1 min. read Alexander Stefanov

Bitcoin Investors Show Renewed Accumulation Activity, Glassnode Reports

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

16.08.2024 10:30 1 min. read Alexander Stefanov