Author Alexander Stefanov

Venture Capital Boosts Crypto Startups in Q2

In Q2 2024, crypto startups saw a slight rise in venture capital funding, despite fewer deals, according to Pitchbook.

13.08.2024 20:00 1 min. read Alexander Stefanov

BitMEX Founder Sees Bitcoin Skyrocketing to $100K with US Liquidity Boost

BitMEX founder and former CEO Arthur Hayes has shared his latest insights on Bitcoin (BTC) and the broader crypto market.

13.08.2024 19:00 1 min. read Alexander Stefanov

Bitcoin’s Bullish Potential Clouded by $500M in Looming Liquidations

Bitcoin’s current macroeconomic environment seems “ideal” for a breakout, yet the cryptocurrency faces potential instability due to over $500 million in upcoming liquidations.

13.08.2024 18:45 2 min. read Alexander Stefanov

Sui Token Briefly Soars to Over $1: What’s Driving the Surge?

Sui (SUI) has experienced a dramatic increase in value, doubling in price in just one trading day and reaching its highest point in a month.

13.08.2024 18:30 2 min. read Alexander Stefanov

Ark Invest Doubles Down on Robinhood Amid Market Dip

Ark Invest, led by Cathie Wood, has significantly increased its stake in Robinhood by purchasing 45,792 shares, valued at over $800,000, during a recent market downturn.

13.08.2024 18:15 1 min. read Alexander Stefanov

South Korean Tech Executives Arrested in $365 Million Crypto Fraud

Authorities in South Korea have arrested the CEO of Wacon, Byun Young-oh, and Vice Chairman Yim Mo-Soo for their roles in a large-scale cryptocurrency fraud.

13.08.2024 18:00 1 min. read Alexander Stefanov

Grayscale Launches New MakerDAO Trust Amid Growing Crypto Interest

Grayscale Investments has unveiled its latest offering, the Grayscale MakerDAO Trust, which provides institutional investors with a straightforward way to invest in the MKR token.

13.08.2024 17:27 1 min. read Alexander Stefanov

Bitcoin at a Crossroads: Crash Ahead or Major Surge?

Bitcoin (BTC) is currently grappling with the challenge of breaking through and maintaining a level above $60,000.

13.08.2024 17:00 2 min. read Alexander Stefanov

JUST IN: Movements Spotted From $2.2 Billion Mt. Gox Wallet

Failed cryptocurrency exchange Mt. Gox is on its last stage of reimbursing clients with Bitcoin (BTC).

13.08.2024 16:14 1 min. read Alexander Stefanov

Why Investors Are Turning to Bonds During Economic Uncertainty

In 2024, the stock market has been influenced by two opposing trends: the S&P 500’s strong performance driven by major tech companies and growing recession concerns fueled by fears of an AI bubble, high interest rates, and escalating national debt.

13.08.2024 16:00 1 min. read Alexander Stefanov

Citigroup’s Global Head of Digital Assets Resigns for New Venture

Shobhit Maini, Citigroup’s global head of digital assets, has stepped down from his position after over 14 years with the bank.

13.08.2024 15:30 1 min. read Alexander Stefanov

Financial Expert Foresees Huge Drop in Crypto Markets Amid U.S. Bubble Burst

A well-known economist who previously forecasted signs of economic strain in the U.S. by mid-2024 now anticipates a severe collapse in the cryptocurrency market.

13.08.2024 15:00 1 min. read Alexander Stefanov

Musk and Trump Discuss Key Issues but Skip Crypto

On Monday, Elon Musk and former President Donald Trump held a highly anticipated interview, tackling various subjects including inflation, trade, and nuclear energy.

13.08.2024 14:30 1 min. read Alexander Stefanov

Altcoin Expert Predicts Strong Gains for Solana-Based Dogwifhat

A trader renowned for accurate altcoin predictions is eyeing significant potential for a Solana-based memecoin.

13.08.2024 14:00 2 min. read Alexander Stefanov

Bitcoin ETFs Poised to Overtake Satoshi Nakamoto as Top Holder by 2025

BlackRock’s IBIT Bitcoin ETF has quickly become the third-largest Bitcoin holder globally, trailing only behind Bitcoin’s enigmatic creator, Satoshi Nakamoto.

13.08.2024 13:30 1 min. read Alexander Stefanov

Is BlackRock About to Launch its Very Own Blockchain?

BlackRock, world’s biggest asset manager, is allegedly on the verge of launching its own blockchain platform, which could significantly impact the cryptocurrency landscape.

13.08.2024 12:40 2 min. read Alexander Stefanov

Metaplanet Increases Bitcoin Holdings with $3.5 Million Purchase

Metaplanet, a prominent Japanese public company, has further increased its Bitcoin holdings with a new purchase of ¥500 million worth of BTC, announced CEO Simon Gerovich on X.

13.08.2024 12:30 1 min. read Alexander Stefanov

Argo Blockchain Clears Massive Loan, Steers Clear of Bankruptcy

Argo Blockchain has successfully paid off a $35 million loan from Galaxy Digital, which it took out in 2022 to avoid bankruptcy during a tough period for cryptocurrencies.

13.08.2024 12:00 1 min. read Alexander Stefanov

Euler Secures $4M for V2 Protocol Safety Upgrade

Euler, a DeFi lending protocol, has finalized an extensive security review for its upcoming Euler v2 protocol, backed by a $4 million investment from Euler DAO.

13.08.2024 11:30 1 min. read Alexander Stefanov

New QR Code Scam Targets Cryptocurrency Users

A new cryptocurrency scam involving QR codes is emerging, according to the analytics firm Bitrace.

13.08.2024 11:00 2 min. read Alexander Stefanov

Is the Fed’s Rate Policy the Key to Bitcoin’s Next Big Move?

A prominent cryptocurrency analyst believes that digital assets will need a shift in monetary policy before they can experience significant gains.

13.08.2024 10:30 1 min. read Alexander Stefanov

Galaxy Digital Launches New $26 Million Avalanche (AVAX) Fund

Recently, Galaxy Digital, a prominent investment firm, unveiled a new $26 million fund dedicated to Avalanche (AVAX).

13.08.2024 10:00 1 min. read Alexander Stefanov

Kamala Harris’ Poll Lead Linked to Bitcoin’s Price Drop, Analysts Say

According to a recent Bernstein report, Kamala Harris’ unexpected lead over Donald Trump in presidential polls seems to coincide with a decline in Bitcoin prices.

13.08.2024 9:30 1 min. read Alexander Stefanov

Hot Altcoin Set for Parabolic Gains, Says Leading Analyst

A prominent crypto analyst is forecasting a significant surge for a popular Ethereum-based altcoin.

13.08.2024 9:00 1 min. read Alexander Stefanov

Failed Crypto Hedge Fund Seeks $1.3 Billion for Terra Collapse in 2022

Three Arrows Capital’s liquidators are now pursuing $1.3 billion from TerraForm Labs following the 2022 collapse of Terra (LUNA).

13.08.2024 8:30 1 min. read Alexander Stefanov

SEC Crackdowns on $650 Million Cryptocurrency Ponzi Scheme

The U.S. Securities and Exchange Commission (SEC) has recently filed charges against NovaTech and its leaders over a massive cryptocurrency fraud worth $650 million.

13.08.2024 8:15 2 min. read Alexander Stefanov

Binance Moves 137 Billion SHIB Tokens in Internal Transfer

A recent Binance transaction involving Shiba Inu (SHIB) tokens has sparked interest within the crypto community.

13.08.2024 1:30 1 min. read Alexander Stefanov

El Salvador Secures Historic $1.6B Investment for Bitcoin City Ports

El Salvador, known for adopting Bitcoin as an official currency, has announced a significant new investment.

13.08.2024 0:03 1 min. read Alexander Stefanov

Trump May Drop Out of 2024 Race According to Crypto Expert

Anthony Scaramucci, once a Trump advisor and now a critic, has stirred up the political scene with a bold prediction: he believes Trump may withdraw from the 2024 presidential race.

12.08.2024 21:00 2 min. read Alexander Stefanov

Delaying Rate Cuts Will be Bad for the U.S. According to Bank of America CEO

As the Federal Reserve maintains its policy interest rate at a 23-year high of 5.25%-5.50%, anticipation builds for a potential rate cut in September.

12.08.2024 21:00 1 min. read Alexander Stefanov

Did Institutional Investors Cause the Bitcoin Market to Drop Again?

Bitcoin (BTC) began the week with a decline, likely influenced by data from the US and actions by institutional investors.

12.08.2024 20:00 1 min. read Alexander Stefanov

Tornado Cash Developer’s Legal Fight Hits Critical Point

The legal struggle of Tornado Cash developer Alexey Pertsev has reached a critical point as he seeks new funding to continue his defense.

12.08.2024 19:00 2 min. read Alexander Stefanov

Bitcoin Fear Index Plunges Amid Market Volatility

The Bitcoin Fear & Greed Index has plummeted to “extreme fear,” scoring 25 out of 100.

12.08.2024 18:00 1 min. read Alexander Stefanov

Top Bitcoin Miner to Raise $250 Million to Boost BTC Holdings

Marathon Digital has revealed plans to issue $250 million in convertible senior notes.

12.08.2024 17:30 1 min. read Alexander Stefanov

Crypto Giant Gobbles Up Ethereum and Dumps Pepe for Huge Profits

A major cryptocurrency investor has been actively buying up Ethereum (ETH), suggesting a strategic move to take advantage of lower prices.

12.08.2024 17:00 1 min. read Alexander Stefanov

Binance Coin (BNB) Recovers as Clandeno (CLD) ICO Launch Attracts Major Investors Amid Solana (SOL) Price Surge

Binance Coin (BNB) rebounds while Solana (SOL) faces a decline. Major investors flock to Clandeno (CLD) ICO, signaling potential growth.

12.08.2024 16:17 4 min. read Alexander Stefanov

Crypto Exchange Binance and Social Media X Blocked in Venezuela

The Venezuelan government has recently imposed restrictions on several online platforms, including the cryptocurrency exchange Binance and the social media network X, amid political unrest following the recent presidential election.

12.08.2024 16:08 1 min. read Alexander Stefanov

Major Crypto Whale Continues to Offload Ethereum

In a new development that has raised concerns in the Ethereum (ETH) market, a major investor has offloaded another 5,000 ETH.

12.08.2024 15:00 1 min. read Alexander Stefanov

Investors Flee Ripple (XRP) & Litecoin (LTC) for Clandeno (CLD) ICO; PayPal Backed Project Only $0.013 per CLD and Ready to Soar

XRP and Litecoin (LTC) create fears of locking up investments with insufficient growth, while Clandeno (CLD) aims for low entry point and maximum growth potential.

12.08.2024 14:42 3 min. read Alexander Stefanov

Eco-Friendly Living: How Mobile Apps Contribute to Greater Sustainability and Environmental Awareness

The release of too much carbon dioxide is a serious problem that seems to be worsening rapidly because of the use of cars and planes, the burning of fossil fuels and other environmentally damaging processes.

12.08.2024 13:01 5 min. read Alexander Stefanov

Important Announcement From Top Crypto Exchange Binance

Binance, a leading cryptocurrency exchange, announced the delisting of six altcoins—PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX). This led to sharp price drops for each token.

12.08.2024 13:00 1 min. read Alexander Stefanov

Voice Recognition Technology: The Evolution of Voice-Activated Features in Mobile Apps

The development of technology is unstoppable, and the emergence of more and more innovative features makes the user’s life easier in many aspects.

12.08.2024 12:53 5 min. read Alexander Stefanov

Hong Kong to Tighten Regulations on Stablecoins

In a strategic move to bolster its position as a global leader in financial technology, Hong Kong is preparing to implement stricter regulations for digital assets over the next 18 months.

12.08.2024 12:00 1 min. read Alexander Stefanov

Nigerian Lawyer Challenges Government’s Crypto Restrictions in Court

Nigerian attorney James Yutudor has initiated a legal battle against the government over its stringent cryptocurrency regulations.

12.08.2024 11:00 2 min. read Alexander Stefanov

Bitcoin Faces Crucial Test as It Dips Below Key Moving Average

Bitcoin is currently navigating a pivotal moment, drawing significant attention from crypto analyst Caleb Franzen.

12.08.2024 10:30 1 min. read Alexander Stefanov

SEC Postpones Verdict on Groundbreaking Bitcoin-Ethereum ETF

The US Securities and Exchange Commission (SEC) has decided to delay its ruling on a dual cryptocurrency spot ETF submitted by Brazilian firm Hashdex.

12.08.2024 10:00 1 min. read Alexander Stefanov

Most Critical Moment for Crypto Has Passed, According to Expert

Veteran investor Tom Lee thinks the worst of the recent market correction is probably over.

12.08.2024 9:30 1 min. read Alexander Stefanov

Solana Faces Rollercoaster Ride: Will It Plunge or Soar?

As Solana (SOL) shows signs of potentially regaining the $200 resistance level, one analyst cautions investors to brace for potential volatility.

12.08.2024 9:00 2 min. read Alexander Stefanov

Developing Nations Ditch U.S. Dollar for Local Currencies

Central banks across many developing nations are increasingly moving their reserves into gold and local currencies, reducing their reliance on the U.S. dollar.

12.08.2024 8:30 1 min. read Alexander Stefanov

More Trouble for Bitcoin: Potential Sell-Off Looms

Wrapped Bitcoin (wBTC) makes up about 10% of the reserves for the overcollateralized stablecoin DAI.

12.08.2024 8:00 2 min. read Alexander Stefanov

Celsius Rebrands as Ionic Digital, Faces Challenges Ahead of IPO Plans

Celsius, the crypto lending firm that collapsed in June 2022, is currently navigating bankruptcy proceedings under its new name, Ionic Digital.

11.08.2024 21:00 1 min. read Alexander Stefanov

Next Week’s U.S. Inflation Report: Here is What to Expect

The US Consumer Price Index (CPI) report for July, due on August 14, is expected to show a rise, which could influence the Federal Reserve’s upcoming rate decisions.

11.08.2024 19:00 1 min. read Alexander Stefanov

Analyst Predicts Bitcoin to Exit Bear Trap and Surge Toward $72,000

A crypto analyst has suggested that Bitcoin may be transitioning from a bear trap and gearing up for significant gains.

11.08.2024 18:00 1 min. read Alexander Stefanov

IBM Launches New Lightweight AI Engine

IBM has introduced a new “Lightweight Engine” for its WatsonX.ai service, primarily targeting enterprise users.

11.08.2024 17:00 1 min. read Alexander Stefanov

Crypto Whales Bought Bitcoin Worth $5 Billion in July

In July, Bitcoin whales made significant moves by purchasing 84,000 bitcoins worth $5 billion, marking the largest monthly increase since 2014.

11.08.2024 15:00 2 min. read Alexander Stefanov

Tether CEO Warns EU’s MiCA Regulation May Increase Financial Risk

Tether’s CEO, Paolo Ardoino, has raised alarms about the European Union’s new Market for Crypto Assets (MiCA) regulation, suggesting it might increase systemic risk rather than provide stability.

11.08.2024 13:00 1 min. read Alexander Stefanov

Major Cryptocurrency Token Unlocks Expected This Week

The cryptocurrency market is set to release nearly $230 million in vested tokens this week, raising concerns of further market instability.

11.08.2024 12:00 1 min. read Alexander Stefanov

CFTC Awards Over $1 Million for Crypto Trading Whistleblower Tip

CFTC recently awarded over $1 million to a whistleblower who reported “improper trading” activities in the crypto market. The tip led to an enforcement action by the CFTC.

11.08.2024 11:00 1 min. read Alexander Stefanov

Top U.S. Banks Under Federal Investigation – Here is Why

Several major banks, including JPMorgan Chase, Bank of America, and Wells Fargo, are under federal scrutiny for handling fraud and scams on Zelle, the instant payments platform.

11.08.2024 10:00 1 min. read Alexander Stefanov