Author Alexander Stefanov

CBDC: Bank of England to Test Digital Currencies and DLT Integration

England’s central bank is set to launch a new series of tests involving distributed ledger technology (DLT) and wholesale central bank digital currencies (wCBDC).

30.07.2024 22:00 1 min. read Alexander Stefanov

Metaplanet Joins Bitcoin Initiative Launched by MicroStrategy and Bitcoin Magazine

Japanese investment firm Metaplanet has announced its participation in a new Bitcoin-focused initiative launched by MicroStrategy and Bitcoin Magazine.

30.07.2024 21:29 1 min. read Alexander Stefanov

Crypto Whales on an Accumulation Spree as Amid Bitcoin Price Dip

Despite Bitcoin trading below $67,000, large investors are seizing the opportunity to buy in.

30.07.2024 21:00 1 min. read Alexander Stefanov

Grayscale ETFs Face Unprecedented Outflows

Grayscale Investments has seen over $20.4 billion in outflows from its Bitcoin and Ethereum ETFs.

30.07.2024 20:30 1 min. read Alexander Stefanov

Berkshire Hathaway Reduces Bank of America Stake, Sells $767 Million in Shares

Warren Buffett’s Berkshire Hathaway, Inc. is reducing its stake in Bank of America Corp., one of its key investments. On Monday, the firm announced its third sale of Bank of America shares this month.

30.07.2024 20:00 1 min. read Alexander Stefanov

Mt. Gox Creditors Hold Onto Bitcoin Despite Large Distribution

Nearly half of the Bitcoin owed to Mt. Gox creditors has been distributed, yet many are still holding onto their assets even after a decade of waiting.

30.07.2024 19:30 1 min. read Alexander Stefanov

U.S. Bitcoin Mining Sector Set for Expansion Amid New Innovations

The Bitcoin mining industry is projected to grow to $20 billion over the next five years, driven by advancements in technology and evolving market dynamics.

30.07.2024 19:00 1 min. read Alexander Stefanov

Could Bitcoin Actually Become a US Reserve Asset?

There’s growing debate on whether Bitcoin should be added to the US’s reserve assets.

30.07.2024 18:00 2 min. read Alexander Stefanov

Who is the Real Enemy of Bitcoin and Humanity?

The author of the popular book “The Bitcoin Standart”, Saifedean Ammous, took to Twitter to point out the biggest obstacle in Bitcoin’s path.

30.07.2024 16:37 2 min. read Alexander Stefanov

Justin Sun Moves Ethereum, Sparking Selloff Speculation

Justin Sun, the founder of Tron DAO, has stirred speculation in the crypto world by withdrawing a substantial amount of Ethereum (ETH) from staking and moving it to Poloniex, a major cryptocurrency exchange.

30.07.2024 16:00 1 min. read Alexander Stefanov

Ethereum Celebrates 9th Anniversary – A Look Back and Forward

Vitalik Buterin, Ethereum’s co-founder and key developer, has marked the network’s ninth anniversary with a hopeful message about its future.

30.07.2024 15:43 2 min. read Alexander Stefanov

Solana-Based Protocol Announces a Major Security Breach

Sanctum Protocol, a key player in the Solana ecosystem, has announced a significant security breach.

30.07.2024 15:30 1 min. read Alexander Stefanov

How Countries Can Embrace the Bitcoin Standard

In a recent discussion with crypto trader Scott Melker, macroeconomics expert Lyn Alden laid out how nations might shift towards adopting Bitcoin (BTC) as a primary financial standard.

30.07.2024 15:00 1 min. read Alexander Stefanov

Calls for U.S. Bitcoin Reserve Intensify as Inflation and Debt Rise

Steven McClurg, Digital Assets Head at CoinShares, suggests the U.S. should create a strategic Bitcoin (BTC) reserve.

30.07.2024 14:00 1 min. read Alexander Stefanov

WazirX Seeks Top Crypto Exchange’s Help After $230M Hack Backlash

WazirX, an Indian cryptocurrency exchange, recently experienced a $230 million loss due to a security breach.

30.07.2024 13:00 1 min. read Alexander Stefanov

Rising Debt Spurs Recession Fears: Key Indicators to Watch

The U.S. debt level surpassed $35 trillion on July 29, amplifying worries about the economy and a possible recession.

30.07.2024 12:30 2 min. read Alexander Stefanov

SEC Revises Binance Lawsuit, Avoids Court Ruling on Crypto Securities

The U.S. SEC is amending its lawsuit against Binance, Binance.US, and co-founder Changpeng Zhao, specifically regarding third-party crypto asset securities.

30.07.2024 12:15 1 min. read Alexander Stefanov

Insights into Evaluating Early-Stage Crypto Tokens

Amid the flood of new tokens emerging daily, traders are constantly searching for those with the greatest potential.

30.07.2024 12:00 2 min. read Alexander Stefanov

Surge in AI Patents Highlights China’s Digital Economy Boom

Ge Shu from the China Intellectual Property Administration (CIPA) reported a significant rise in AI-related invention patents, highlighting that by the end of 2023, China held 378,000 such patents.

30.07.2024 11:30 1 min. read Alexander Stefanov

Kamala Harris Reaches Out to Crypto Firms as Democrats Shift Stance

Kamala Harris is reportedly engaging with major cryptocurrency firms to address her party’s previous skepticism towards the industry.

30.07.2024 11:00 1 min. read Alexander Stefanov

Robert Kennedy Jr. Highlights Bitcoin’s Importance for U.S. Fiscal Strategy

Presidential hopeful Robert F. Kennedy Jr. (RFK Jr.) asserts that U.S. policymakers are coming to terms with Bitcoin’s inevitability and are racing to craft a comprehensive strategy to maintain America’s financial leadership.

30.07.2024 10:30 1 min. read Alexander Stefanov

Base Set for Major Upgrade: Gas Target Hits New High

Base, an Ethereum layer 2 network, is poised to significantly increase its gas target to 10MGas per second on July 30, marking a major milestone for the platform.

30.07.2024 10:00 1 min. read Alexander Stefanov

No, BlackRock Doesn’t Have Plans for a Solana ETF

BlackRock’s CIO, Samara Cohen, has confirmed to Bloomberg that the firm is not currently considering a Solana ETF.

30.07.2024 9:30 1 min. read Alexander Stefanov

Ethereum Gas Fees Plummet to Historic Lows

The Ethereum network is currently experiencing a significant drop in gas fees, impacting both mainnet and Layer 2 transactions.

30.07.2024 9:00 1 min. read Alexander Stefanov

Bitcoin Exchange Holdings Surge by 35,000 BTC in Two Weeks

For the past two weeks there was a notable surge in the amount of Bitcoin held in exchange wallets, with more than 35,000 BTC added.

30.07.2024 8:30 1 min. read Alexander Stefanov

Bitcoin Predicted to Double by the End of 2024 – Here is Why

Bitcoin recently surged to around $70,000, with PlanB, the creator of the stock-to-flow model, predicting the cryptocurrency could double its value in the next 3-5 months.

30.07.2024 8:00 1 min. read Alexander Stefanov

US Government Spending May Lead to Bankruptcy, Expert Warns

Mike Novogratz, the CEO of Galaxy Digital, has raised alarms about the current state of US government spending, suggesting that it is on a dangerous path that could lead to bankruptcy.

29.07.2024 23:58 1 min. read Alexander Stefanov

Gemini Alerts Users of Potential Data Breach Involving Banking Partner

Gemini has notified users to watch for suspicious activity after discovering a breach linked to one of its banking partners.

29.07.2024 23:00 1 min. read Alexander Stefanov

How Will a Fed Rate Cut Affect Bitcoin’s Prices – Expert Weighs in

Tom Lee from Fundstrat believes that Bitcoin (BTC) could experience significant growth if the Federal Reserve starts cutting interest rates.

29.07.2024 22:11 1 min. read Alexander Stefanov

Worldcoin Fined Over $200,000 for Regulatory Violations

Worldcoin, the biometric ID and universal basic income project, has been hit with over $200,000 in fines by authorities in Buenos Aires.

29.07.2024 22:00 1 min. read Alexander Stefanov

Bitcoin and Gold Poised for Major Price Surge – Here is Why

Bitcoin and gold might be poised for a substantial price surge as the macroeconomic environment shows signs of improvement.

29.07.2024 20:30 2 min. read Alexander Stefanov

Solana Eyes $200 Mark Amid Rising Momentum and Bold Predictions

Solana is on a fast upward trajectory, recently surpassing the $190 mark and showing promising momentum.

29.07.2024 20:00 1 min. read Alexander Stefanov

United States Government Moves $2 Billion in Seized Bitcoin

The U.S. Government recently transferred over $2 billion worth of Bitcoin (BTC) from the cache seized from the Silk Road dark web marketplace.

29.07.2024 19:57 1 min. read Alexander Stefanov

Four Arrested in Kyiv for Bitcoin-Related Murder

Kyiv authorities have arrested four individuals in connection with the abduction and murder of a 29-year-old foreign national.

29.07.2024 19:52 1 min. read Alexander Stefanov

Top Crypto ETF Issuer Boosts Ethereum ETF Transparency with Chainlink

A top cryptocurrency ETF issuer has integrated Chainlink’s Proof of Reserves to enhance transparrency.

29.07.2024 19:45 1 min. read Alexander Stefanov

Cardano Long-Term Holders Increase – What’s Next?

One of the most popular altcoins Cardano has been rather unfazed by the recent price corrections, where we saw Bitcoin drop to around $54,000.

29.07.2024 19:15 1 min. read Alexander Stefanov

Bitcoin Expected to Enter New Supercycle, Driven by Wall Street

Alex Krüger, a well-known economist, predicts that Bitcoin is entering a new “supercycle,” marking a significant shift in the cryptocurrency market.

29.07.2024 19:00 1 min. read Alexander Stefanov

Dormant Bitcoin Wallet Moves $2.5 Million After 11 Years

A long-inactive Bitcoin wallet recently made headlines by moving 37 BTC, valued at over $2.5 million, after being dormant for 11 years.

29.07.2024 18:30 1 min. read Alexander Stefanov

BlackRock Warns of Crypto Scams Targeting ETF Investors 4o mini

BlackRock has issued a warning about a surge in crypto scams targeting investors in its iShares Bitcoin and Ether ETFs.

29.07.2024 18:00 1 min. read Alexander Stefanov

Here is How Much Ether ETFs Have Raised Since U.S. Launch

The launch of spot Ether ETFs in the U.S. has triggered a significant $2.2 billion inflow, the largest since December 2022, with a 542% increase in ETH exchange-traded products, as reported by CoinShares.

29.07.2024 17:45 1 min. read Alexander Stefanov

Elon Musk Shares an Important Message About Crypto

Elon Musk recently appeared on the X Takeover podcast hosted by the Tesla Owners Silicon Valley account, which took place on his own X social media platform.

29.07.2024 17:30 1 min. read Alexander Stefanov

DeFi Sector Presents Major Opportunity for Long-Term Investors

Arthur Cheong, founder of DeFiance Capital, believes there’s a significant opportunity for long-term holders in the DeFi sector.

29.07.2024 17:00 1 min. read Alexander Stefanov

Bitcoin Breaks Above $70,000 Following Recent Trump Speech

Bitcoin managed to regain its bullish momentum after the recent correction to below $54,000.

29.07.2024 16:13 2 min. read Alexander Stefanov

Crypto Analyst Predicts Record-Breaking Market Growth

Well-known crypto analyst and trader predicts significant growth in the cryptocurrency market, adding that the total market capitalization of cryptocurrencies may be about to break its last resistance level at $2.66 trillion.

29.07.2024 13:00 2 min. read Alexander Stefanov

Investors Should Adjust Their Strategies as the U.S. Debt is at $35 Trillion

JPMorgan Chase analysts are raising concerns as the U.S. national debt nears $35 trillion.

29.07.2024 12:00 1 min. read Alexander Stefanov

U.S. Senator Warns About Foreign Espionage Risks from Crypto Mining

Senator Elizabeth Warren has raised concerns about foreign adversaries potentially exploiting digital asset mining operations for espionage.

29.07.2024 11:00 1 min. read Alexander Stefanov

American University Establishes Bitcoin Research Institute

The University of Wyoming has unveiled the UW Bitcoin Research Institute, the first academic center dedicated to Bitcoin studies, with Dr. Bradley Rettler, an Associate Professor of Philosophy, appointed as its first director.

29.07.2024 10:00 1 min. read Alexander Stefanov

Is Hong Kong Going to Add Bitcoin as a Financial Reserve?

Hong Kong legislator Johnny Ng is considering the potential of adding Bitcoin to the city’s financial reserves. This idea emerged following former US President Donald Trump’s proposal at the Bitcoin 2024 conference to create a US Bitcoin reserve.

29.07.2024 9:30 1 min. read Alexander Stefanov

Regulatory Clarity Could Spark Crypto Surge, Says Anthony Scaramucci

Anthony Scaramucci, founder of Skybridge Capital, believes that the next crypto bull market could be sparked by clear regulatory guidelines.

29.07.2024 9:00 1 min. read Alexander Stefanov

Developer Profits $2.85 Million from New Altcoin

Data from cryptocurrency tracking service Lookonchain reveals that the creator of the newly launched Neiro altcoin has achieved substantial financial gains.

29.07.2024 8:30 1 min. read Alexander Stefanov

Justin Sun Urges China to Embrace Crypto Regulation Following Trump’s Pro-Crypto Stance

Justin Sun, the founder of TRON, has called on China to adopt a more favorable stance towards cryptocurrencies, echoing recent pro-crypto sentiments from U.S. presidential candidate Donald Trump.

29.07.2024 8:00 1 min. read Alexander Stefanov

Winklevoss Criticizes Biden Administration’s Crypto Stance

Tyler Winklevoss, co-founder of Gemini, criticized the Biden administration for not engaging constructively with the cryptocurrency industry.

28.07.2024 20:00 1 min. read Alexander Stefanov

FINMA Proposes New Regulations for Stablecoin Issuers

The Swiss Financial Market Supervisory Authority (FINMA) is set to introduce new rules for stablecoin issuers to enhance regulatory control and reduce financial risks.

28.07.2024 19:00 1 min. read Alexander Stefanov

Rate Cuts Expected as Fed Balances Inflation and Employment

Federal Reserve officials are approaching a decision to lower borrowing costs within the next few months. Chair Jerome Powell might hint at this move soon, as concerns grow about impacting a strong yet slowing job market.

28.07.2024 18:00 2 min. read Alexander Stefanov

Top 6 Altcoins That Could Take Off, According to Analyst Firm

On Friday, as digital asset markets experienced an uptick, crypto analytics firm Santiment highlighted altcoins with potential bullish prospects.

28.07.2024 17:00 1 min. read Alexander Stefanov

Solana’s Celebrity-Themed Meme Coins Plummet Amid Investor Caution

In June, the Solana blockchain saw a surge in activity as it became a central hub for enthusiasts of novelty cryptocurrencies.

28.07.2024 16:00 2 min. read Alexander Stefanov

AI is a Major Threat to Bitcoin Anonymity – Edward Snowden

At the recent Bitcoin Conference in Nashville, privacy advocate Edward Snowden warned about Bitcoin’s privacy flaws and the looming threats posed by AI advancements.

28.07.2024 15:19 1 min. read Alexander Stefanov

Ledger Unveils New Hardware Wallet at Nashville Bitcoin Conference

At the Bitcoin 2024 convention in Nashville, Ledger launched its newest hardware wallet, Ledger Flex.

28.07.2024 13:00 1 min. read Alexander Stefanov

Russian-Speaking Hackers Dominate Ransomware Market, Report Shows

A new report from TRM Labs reveals that Russian-speaking hackers dominate the ransomware sector, capturing almost 70% of illicit cryptocurrency earnings in 2023.

28.07.2024 12:00 1 min. read Alexander Stefanov