Author Alexander Stefanov

HSBC Australia has implemented a ban on payments to cryptocurrency exchanges starting July 24, 2024.

Ark Invest recently sold 118,209 shares of its ARKB spot Bitcoin ETF, totaling $7.76 million, from its Next Generation Internet ETF (ARKW).

John Deaton, the founder of CryptoLaw and prominent XRP advocate, is a notable contender in the Massachusetts Senate race, running against Senator Elizabeth Warren.

Marathon Digital (MARA) has announced a significant move, acquiring $100 million worth of Bitcoin and now holding over 20,000 BTC on its balance sheet.

After Kraken finished distributing Bitcoin and Bitcoin Cash tokens to Mt. Gox creditors, another exchange has started the distribution process.

Ethereum fell below $3,200 earlier today as recent ETH exchange-traded funds (ETFs) experienced significant outflows.

On Wednesday, Wall Street experienced a dramatic decline, with major indexes suffering significant losses. The S&P 500 dropped by 2.3%, marking its first 2% pullback in over a year.

Bitcoin’s recent dip below $65,000 is attributed to shifting market sentiment and seasonal trends rather than sales from Mt. Gox creditors, according to experts.

Artificial intelligence (AI) is transforming global economies, but its rapid growth raises concerns about potential economic instability.

A Solana-based cryptocurrency recently reached a record high, but might be in for a correction soon.

Santiment has recently published a decade-long analysis of key altcoins, highlighting the number of active wallets for each.

Ethereum ETFs have had a strong start, with over $1 billion in trading volume on their first day.

Nigeria’s Vice President, Kashim Shettima, has launched the AI Expertise Blockchain and Technology Training and Outsourcing Initiative in Jigawa, aiming to make Nigeria a digital tech leader in Africa.

OpenAI is reportedly developing a new AI model, named “Strawberry,” which aims to advance beyond the current GPT-4o by offering enhanced reasoning abilities and more humanlike responses.

Bankrupt Terra (LUNA) has officially started accepting investor claims.

Asset management firm Hashdex has filed the S-1 for its combined spot Bitcoin and Ethereum ETF products, marking a significant step forward in its efforts.

A day after the successful launch of the spot Ethereum ETF, the price of Ethereum has experienced a significant drop which triggered substantial liquidations of long ETH positions within the last 24 hours.

The whole cryptocurrency market seems to be experiencing a downturn after the weekend’s slight recovery when BTC managed to break above $68,000.

In its latest report, cryptocurrency analysis firm Santiment identified the DeFi altcoins that saw the most developer activity over the past month.

A popular crypto expert believes Bitcoin (BTC) and other digital assets are still in the early stages of a long-term bull market.

The Bitcoin Conference in Nashville from July 25-27 is set to be a major event for cryptocurrency enthusiasts, featuring prominent speakers and significant discussions about Bitcoin’s future.

On their second day in the U.S. markets, Ethereum ETFs traded close to $1 billion. The spot ether ETFs saw about $951 million in cumulative trading volume on Wednesday, following $1.054 billion on their debut day, as reported by Yahoo Finance and The Block Pro Research.

COTI, along with 14 other fintech firms, has been selected to participate in the Bank of Israel’s Digital Shekel Challenge, which aims to explore the feasibility of a central bank digital currency (CBDC).

On July 24, 2024, MonoSwap, a decentralized exchange and staking platform, revealed it had been hacked and advised users to withdraw their funds and avoid adding more.

Ding Chen, CEO of CSOP Asset Management, forecasts that Bitcoin might soon hit $100,000, aligning with traders who believe that a rally spurred by Donald Trump’s support could be substantial.

Binance assessed the potential effects of the newly launched spot Ethereum ETFs on the market. According to their blog, the US SEC’s approval of these ETFs is expected to significantly influence Ethereum (ETH) prices and the broader crypto market.

Senator Cynthia Lummis is opposing the Biden administration’s proposed 30% tax on the electricity used by Bitcoin miners.

Coinbase is acting as the custodian for eight out of nine newly approved Ethereum (ETH) exchange-traded funds (ETFs), as reported by CEO Brian Armstrong.

Thailand’s Finance Minister, Pichai Chunhavajira, announced that a new digital wallet initiative will start on August 1, distributing 10,000 baht (around $280) to up to 45 million Thais.

South Korea’s Financial Supervisory Service (FSS) has summoned the nation’s top five cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—to address recent fee hikes amid new regulations.

Europol’s latest report reveals how criminals are increasingly using cryptocurrencies like stablecoins and Monero for illegal activities.

Riot Platforms, a major player in Bitcoin mining, has acquired Block Mining, a miner based in Kentucky, in a deal valued at $92.5 million.

On July 24, Ferrari announced plans to extend its cryptocurrency payment option to its European dealerships by the end of the month.

Kraken has completed the repayment process for Mt. Gox creditors without triggering the expected Bitcoin sell-off.

Coinbase is pushing for a court order to compel the SEC to release crucial documents related to its litigation against the crypto exchange.

On July 23, the launch of Ethereum ETFs generated considerable buzz in the cryptocurrency sector.

Russia’s parliament has passed a bill allowing companies to use cryptocurrency for international trade.

Unbound Fund has introduced a new pathway to obtain Portuguese/EU citizenship through indirect Bitcoin holdings valued at approximately $542,000 (€500,000).

Franklin Templeton, a pioneer in launching spot Bitcoin ETFs in the U.S., is now expressing enthusiasm about the potential for other cryptocurrencies, like Solana, to support new ETF offerings.

Bitcoin Cash (BCH) has seen a steady decrease in value recently, currently trading at $373 – a 2.4% drop in the past 24 hours.

Bitcoin’s value briefly dropped below $66,000 right after Mt. Gox began its BTC distribution process.

Ripple CEO Brad Garlinghouse has sparked speculation about a possible XRP Exchange-Traded Fund (ETF) in the U.S.

Fold Inc., known for its Bitcoin rewards program, is reportedly on the brink of a major business move that could significantly impact its future and the broader cryptocurrency industry.

Bitcoin mining revenue is nearing its annual average, suggesting that miners might soon see the end of their recent struggles.

The Ethereum layer 2 solution, Base, is backing a new cryptocurrency donation platform named Support Crypto, which aims to reshape fundraising for U.S. politicians ahead of the presidential elections.

Ethena, the organization behind the $3.4 billion USDe token, is set to invest a portion of its reserves in tokenized real-world assets (RWAs).

Yesterday, July 23, XRP’s price declined, reversing gains made the previous day, mirroring a broader market downturn.

Swiss banks are stepping up with new real-time crypto payment solutions in response to the recent collapses of US crypto-friendly banks.

Toyota, the major Japanese automaker, is exploring the integration of Ethereum blockchain technology into its vehicles, as outlined in a recent update from Toyota Blockchain Lab.

The venture capital and accelerator division of the world’s largest crypto exchange by trading volume is spearheading an investment in a new blockchain gaming token.

Renowned Peter Brandt has voiced concerns about a potential sharp decline in the US dollar, suggesting Bitcoin as a viable alternative asset.

Elon Musk’s Tesla just released its quarterly earnings report,

Mark Cuban has suggested that Kamala Harris might adopt a more business-friendly stance towards cryptocurrency and artificial intelligence compared to the current president.

The first day of trading for spot Ethereum ETFs has gone beyond expectations with incredible volume and inflows.

Microsoft is attributing its recent tech failure to EU regulations, which restrict its ability to secure Windows as effectively as competitors like Apple.

Kimberly Cheatle has stepped down as Director of the U.S. Secret Service following intense scrutiny over a recent security breach related to an assassination attempt on former President Donald Trump.

Crypto scammers have launched a new phishing attack using fake Zoom links to install malware on victims’ computers.

DYdX is in the process of negotiating the sale of its v3 derivatives trading software to a group of prominent crypto market makers, including Wintermute Trading Ltd. and Selini Capital.

Recently, XRP has shown signs of a potential breakout after a lengthy period of price stability, with investors eyeing a possible rise above $0.60.