Author Alexander Stefanov

Coinbase reported total revenue of $1.4 billion for the second quarter of this year.

Business intelligence firm MicroStrategy has purchased 12,222 bitcoins for $805.2 million since the beginning of Q2 2024, increasing its total holdings to 226,500 BTC at an average cost of $36,821 per BTC.

Google has rolled out three new AI models in its Gemma 2 series, designed to boost safety, efficiency, and transparency.

Tucker Carlson, the former Fox News host, has stirred controversy with a new theory about Bitcoin’s origins.

After a strong July, which saw a rebound that lifted Bitcoin to nearly $70,000, the crypto market has taken a sharp downturn by the end of the month.

In the midst of a downtrend in the crypto market, some traders are still achieving extraordinary profits.

The Bank for International Settlements and the Bank of England have introduced a new system called Pyxtrial, designed to provide near real-time insights into the liabilities and assets backing stablecoins.

On Thursday (August 1), the price of Bitcoin dropped below $63,000 at the time of writing after managing to stay above $64,000 all day.

Japanese cryptocurrency exchange Bitbank is exploring the possibility of listing on the Tokyo Stock Exchange as Japanese investors increasingly turn to crypto for portfolio diversification.

Blockchain analytics platform Glassnode, collaboratng with Coinbase, the largest cryptocurrency exchange in the U.S., released their “Guide to Crypto Markets for Q3 2024.”

Mt. Gox, the bankrupt cryptocurrency exchange, has recently made progress in repaying its creditors, distributing digital assets to 17,000 claimants as of July 31.

A significant shift in cryptocurrency market dynamics has emerged, according to a recent report.

The Casper Network has resumed its operations following a temporary shutdown caused by a security breach.

Bitcoin’s current market behavior suggests a continuation of its upward trend with investor profitability staying robust, according to a recent Glassnode report.

Many people who invested in Do Kwon’s high-interest crypto scheme are now seeking compensation after suffering substantial losses.

The Bank of England has lowered interest rates for the first time since the onset of the pandemic, reducing the base rate to 5%.

Solana is positioning itself as a worthy competitor of Ethereum after a recent major milestone for the blockchain.

Popular crypto analyst, known as Kaleo, predicted that Bitcoin might soon enter a new phase of price discovery, where it trades at record levels never seen before.

Riot Platforms, a Bitcoin mining company, reported a significant loss in Q2, impacted heavily by the April halving event.

Ark Invest sold 12,077 shares of Coinbase—valued at $2.7 million—from its Next Generation Internet ETF (ARKW) on Wednesday.

The XRP Ledger, in partnership with Ripple and OpenEden, is set to offer tokenized US Treasury bills (T-bills), marking a significant step in merging traditional finance with blockchain technology.

Investors have pulled nearly $2 billion from Grayscale’s Ethereum ETF (ETHE) since it transitioned from a trust, with the fund’s value now at $6.7 billion due to declining Ethereum prices.

The Bank of Ghana has wrapped up a pilot project demonstrating the use of digital credentials for international trade and CBDC-based cross-border transactions.

Following a $230 million security breach at WazirX, the Bharat Web3 Association (BWA) is intensifying its efforts to improve cybersecurity and consumer protection in the cryptocurrency space.

In 2024, centralized finance (CeFi) platforms are emerging as the primary targets for cryptocurrency hacks.

Ripple’s CEO, Brad Garlinghouse, has sharply criticized the SEC’s latest legal maneuver against Binance, accusing the regulator of inconsistent and politically motivated actions.

New insights from crypto analytics firm Kaiko indicate a surge in bullish Bitcoin (BTC) bets ahead of the upcoming presidential election.

In 2024, global cryptocurrency trading is set to reach over $108 trillion, a dramatic increase of nearly 90% from 2022, according to Coinwire.

Bitwise’s chief investment officer, Matt Hougan, has highlighted a significant shift in the cryptocurrency landscape, increasing the chances for upward market movements.

The cryptocurrency market needs a stronger trigger than former U.S. President Donald Trump’s recent remarks on Bitcoin to achieve a major breakout, analysts suggest.

Circle’s USD Coin (USDC) experienced a significant boost in trading volume and market capitalization in July, largely influenced by new European digital asset regulations.

Senator Cynthia Lummis has introduced the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024” (Bitcoin Act of 2024).

The California DMV has revolutionized vehicle title management by shifting 42 million car titles to the Avalanche blockchain.

Mike Novogratz, CEO of Galaxy Digital, has shared his outlook on the cryptocurrency industry following the upcoming US elections.

The Federal Open Market Committee (FOMC) justs concluded their two-day meeting. 

Bybit, a major player in the crypto exchange market, has announced a new feature that enables users to make payments using the Digital Rupee (eRupee).

Binance, the leading global cryptocurrency exchange, announced on Wednesday the introduction of new USDC trading pairs for various cryptocurrencies on both cross and isolated margin platforms.

Delta Air Lines CEO Ed Bastian announced that the airline’s costs resulting from a recent IT outage linked to CrowdStrike’s software glitch are projected to reach around $500 million.

Grayscale Investments has launched a new Bitcoin ETF, the Grayscale Bitcoin Mini Trust, which began trading on NYSE Arca under the ticker “BTC” this Wednesday.

A recent inquiry on X (formerly Twitter) has sparked considerable interest among blockchain enthusiasts.

The Terra Luna Classic community is considering a substantial increase in the burn tax, potentially raising it from 0.5% to 1.5%.

Tether Holdings Limited has achieved a historic financial milestone, reporting a record net operating profit of $1.3 billion for Q2 2024, contributing to a total net profit of $5.2 billion for the first half of the year.

Recently, misleading information spread claiming that Russia had officially adopted Bitcoin mining and cryptocurrency payments.

Another trading platform has announced that it is closing its operations, closing all open positions.

Crypto exchange M2 has introduced a new feature that enables residents of the United Arab Emirates to directly trade Bitcoin and Ethereum using their local bank accounts.

Despite a general slowdown in the cryptocurrency market, Solana (SOL) appears to be defying the trend with strong performance across various time frames.

On July 30, the SEC retracted its request for a court to rule on whether Solana (SOL) qualifies as a security in its ongoing lawsuit against Binance.

Investors are eagerly anticipating a signal from the Federal Reserve regarding potential interest rate cuts in September, but a sudden move this week could have negative consequences for the markets.

Fidelity International has made headlines by launching its Physical Bitcoin Exchange Traded Product (ETP) on the London Stock Exchange.

A recent report highlights an unusual trend in the cryptocurrency sector: women are earning higher median salaries than their male colleagues, defying the typical gender pay disparity.

Nvidia (NVDA) stock is anticipated to experience more dramatic price fluctuations than major cryptocurrencies like Bitcoin and Ethereum.

Renowned crypto trader KALEO has suggested that the XRP/BTC ratio is set for a significant shift.

Crypto expert Kaleo has provided an analysis suggesting that Bitcoin prices are poised for a major increase following each halving event.

The Bitcoin 2024 conference in Nashville was historical with all the big speakers that attended such as Michael Saylor and Donald Trump.

Trust Wallet, a self-custody Web3 wallet provider, has joined forces with The Open Network (TON) to promote blockchain adoption.

Ethena Labs is set to introduce USDe, a new type of collateral that not only serves as stable margin but also earns rewards, on the Bybit exchange starting August 2.

Binance Labs, the investment division of Binance, has recently included four up-and-coming altcoin projects in its Season 7 Incubation program.

Economist Paul Krugman remains critical of Bitcoin, especially amid the recent surge in Republican support for the cryptocurrency.

In a recent development, Charles Hoskinson, the founder of Cardano, has made headlines by alleging that Ethereum has copied Cardano’s project roadmap.