Author Alexander Stefanov

Solana Breaks $170, Outperforming Bitcoin and Ethereum

Solana (SOL) is on the rise again, crossing the $170 threshold, outperforming Bitcoin (BTC) and Ethereum (ETH) over the past week.

20.07.2024 20:30 1 min. read Alexander Stefanov

Recent Elon Musk Post Sparks Surge in Meme Coin

Elon Musk’s recent social media activity has sparked a notable rise in the Non-Playable Coin (NPC), a cryptocurrency tied to the NPC meme.

20.07.2024 18:00 1 min. read Alexander Stefanov

Major U.S. Bank Invests Heavily in Bitwise Bitcoin ETF

Hunter Horsley, CEO of Bitwise Invest, has announced that a major U.S. bank is making a substantial commitment to Bitwise’s spot Bitcoin ETF, along with other crypto-focused ETFs.

20.07.2024 17:00 1 min. read Alexander Stefanov

Is Ethereum More Decentralized Than Bitcoin?

Vitalik Buterin recently spoke at the ETHCC conference in Brussels about Ethereum’s decentralization compared to Bitcoin and other blockchain systems.

20.07.2024 16:30 1 min. read Alexander Stefanov

Dogecoin Sees Price Surge Amid Increased Whale Activity

Dogecoin has recently surged in value, capturing the spotlight with a significant weekly gain.

20.07.2024 16:30 1 min. read Alexander Stefanov

ARK Invest Report Highlights Bitcoin’s Resilience Amid Market Challenges

In a report released on July 18th, ARK Invest analyzed Bitcoin’s performance in June, noting a significant drop after a large sell-off by German authorities. The report claims Bitcoin was oversold during this period.

20.07.2024 15:00 1 min. read Alexander Stefanov

Court Allows Binance US to Invest Customer Funds in Treasury Bills

A US court has approved Binance US’s request to invest customer fiat funds held at BitGo into US Treasury Bills.

20.07.2024 14:00 1 min. read Alexander Stefanov

One of the Biggest Financial Giants Adds Litecoin to its Offerings

Fidelity Investments has expanded its digital asset offerings to include Litecoin (LTC), alongside Bitcoin and Ethereum.

20.07.2024 13:00 2 min. read Alexander Stefanov

$7.6 Million Stolen in Recent Crypto Exploit

Cryptocurrency hacks and scams are on the rise again with tens of millions of dollars being stolen.

20.07.2024 10:30 1 min. read Alexander Stefanov

EU Updates Crypto Classification Rules Under MiCA

The European Union has announced new regulations for classifying digital assets and cryptocurrencies under the Markets in Crypto-Assets Regulation (MiCA).

20.07.2024 10:00 1 min. read Alexander Stefanov

Binance CEO Urges Patience Amid Bitcoin’s Bull Cycle

The adage “the stock market rewards the patient” extends beyond traditional finance and applies to the cryptocurrency realm as well.

20.07.2024 9:30 1 min. read Alexander Stefanov

Here is What Led to the Recent Global IT Outage

CrowdStrike CEO George Kurtz recently addressed the company’s downtime, assuring customers that it was not due to a security breach or cyberattack.

20.07.2024 8:30 1 min. read Alexander Stefanov

Veteran Trader Predicts Bitcoin Will Outperform Gold by 5x

Prominent trader Peter Brandt recently predicted on social media platform X that Bitcoin will significantly outperform gold.

20.07.2024 8:00 2 min. read Alexander Stefanov

Major Update About Spot Ethereum ETFs From Cboe

In its official statement, the Chicago Board Options Exchange (CBOE) announced that some of the spot Ethereum ETFs will begin trading on July 23.

19.07.2024 23:29 1 min. read Alexander Stefanov

Tether CEO Advocates for Decentralization After Global IT Outage

The incident was traced to a technical fault in CrowdStrike’s centralized software, which led to widespread issues including system crashes on Windows devices. CrowdStrike’s head, George Kurtz, clarified that the problem was not a cyberattack but a technical glitch that has since been addressed. He urged affected parties to consult the support portal for further […]

19.07.2024 23:17 1 min. read Alexander Stefanov

You Want to Meet Donald Trump – Here is How Much Bitcoin You Will Need to Pay

Former President Donald Trump is seeking substantial contributions from his crypto-supporter base, setting a steep price of $844,600 for a private roundtable at the Bitcoin Conference 2024 in Nashville.

19.07.2024 22:45 1 min. read Alexander Stefanov

Ethereum Whales Increase Holdings as ETF Anticipation Boosts Market Confidence

Recent data indicates that large-scale investors, commonly known as whales, are significantly increasing their holdings of Ethereum (ETH).

19.07.2024 22:10 1 min. read Alexander Stefanov

Bitzlato Founder Released After Time Served for Crypto Crimes

The founder of the shut down crypto exchange Bitzlato has been released after serving 18 months in jail.

19.07.2024 21:45 1 min. read Alexander Stefanov

Tornado Cash Sees Unexpected Deposit Surge Despite Sanctions

Tornado Cash, the crypto mixer under sanction, has experienced a notable increase in deposits despite its legal and regulatory issues.

19.07.2024 20:45 1 min. read Alexander Stefanov

Will the UK Sell Their Bitcoin Amid Economic Pressures?

Speculation is growing that the UK might consider selling off its Bitcoin holdings, following Germany’s recent sale.

19.07.2024 20:20 1 min. read Alexander Stefanov

Chinese Yuan Strengthens Against US Dollar, Reaches July High

The Chinese yuan has recently strengthened against the US dollar, reaching its highest midpoint level for July.

19.07.2024 19:45 1 min. read Alexander Stefanov

Bitcoin’s Price Breaks $66K, Reaching a 1-Month High

Bitcoin (BTC) is back on the bullish track ocne again, closing in on the crucial $70,000 barrier.

19.07.2024 19:01 1 min. read Alexander Stefanov

XRP Whales Make Big Moves Amid Price Volatility

Popular altcoin XRP is experiencing significant whale activity amidst ongoing price volatility.

19.07.2024 18:45 1 min. read Alexander Stefanov

This Altcoin is Set to Continue the Bullish Trend After Explosive Gains

A popular crypto analyst is predicting continued growth for an altcoin that has already surged significantly over the past year.

19.07.2024 17:45 1 min. read Alexander Stefanov

Cardano Hard Fork Near – What’s Next For ADA’s Price?

Cardano (ADA) could see significant price movements next month with the upcoming Chang Hard Fork.

19.07.2024 16:45 2 min. read Alexander Stefanov

Winklevoss Twins Donate $1 Million in Bitcoin to Support Senate Bid Against Elizabeth Warren

On July 18, Tyler Winklevoss, co-founder of the Gemini crypto exchange, announced a notable political donation of $500,000 worth of Bitcoin to support John Deaton’s Senate campaign in Massachusetts.

19.07.2024 15:45 1 min. read Alexander Stefanov

OKX Establishes MiCA Hub in Malta Amid European Expansion

OKX has designated Malta as its hub for Markets in Crypto Assets (MiCA) compliance, aligning with European Union regulations.

19.07.2024 14:00 2 min. read Alexander Stefanov

Bitcoin and Ethereum Options Worth $1.8 Billion Set to Expire Today

Nearly $1.8 billion in Bitcoin (BTC) and Ethereum (ETH) options are expiring today, stirring expectations of increased market turbulence.

19.07.2024 13:00 2 min. read Alexander Stefanov

Crypto Trader Makes Millions on Trump-Themed Memecoin

A crypto trader made a massive profit on a Donald Trump-themed memecoin that has skyrocketed in value this year.

19.07.2024 12:00 1 min. read Alexander Stefanov

Dogecoin (DOGE) Sees Explosive Growth Amid Market Revival

Dogecoin (DOGE) has achieved a significant milestone by surpassing 90 million wallet addresses.

19.07.2024 11:30 1 min. read Alexander Stefanov

Here is Who Could be Behind the Recent WazirX Hack

Indian cryptocurrency exchange WazirX has reported a significant security breach and announced that it is currently investigating the incident, which has led to a temporary suspension of both Indian rupee (INR) and cryptocurrency withdrawals.

19.07.2024 11:00 1 min. read Alexander Stefanov

BlockFi to Begin Returning Customer Funds Through Coinbase

Bankrupt crypto lender BlockFi is gearing up to return funds to its customers this month, with Coinbase handling the distribution.

19.07.2024 10:30 1 min. read Alexander Stefanov

Bitcoin Holds Steady Amid Massive Withdrawals: What’s Next for Prices?

Bitcoin remains stable, hovering just above critical support levels and trying to reclaim the $65,000 mark.

19.07.2024 9:00 2 min. read Alexander Stefanov

Is Trump Going to Announce Bitcoin as a U.S. Strategic Reserve Asset?

Former President and current Republican presidential candidate Donald Trump is rumored to announce Bitcoin as a “strategic reserve asset” at a crypto conference in Nashville later this month. This potential move could mark a significant shift in U.S. financial strategy.

19.07.2024 8:00 2 min. read Alexander Stefanov

BREAKING: Joe Biden Allegedly Stepping Down From the Presidential Race

The presidential battle between Joe Biden and Donald Trump may be coming to an end.

19.07.2024 1:36 1 min. read Alexander Stefanov

Is the Bitcoin (BTC) Price Correction Finally Over?

A crypto strategist who accurately predicted Bitcoin’s pre-halving correction now believes BTC is entering an uptrend.

19.07.2024 0:11 2 min. read Alexander Stefanov

Meta and Apple Pause AI Releases in EU Over Regulatory Concerns

Meta, following Apple’s lead, has decided to halt the release of new artificial intelligence (AI) features in the European Union (EU) due to regulatory uncertainty.

18.07.2024 23:59 1 min. read Alexander Stefanov

Cash App Exits UK, Kraken and Strike BTC Enter Market

Jack Dorsey’s decision to suspend Cash App services in the United Kingdom after six years of operation underscores regulatory challenges faced by the Bitcoin-friendly platform.

18.07.2024 23:24 1 min. read Alexander Stefanov

Bitcoin Set to Hit $110,000 in Next Major Rally

Bitcoin is anticipated to reach $110,000 in its next major rally despite ongoing concerns about a pattern of “lower highs and lower lows” on the BTC price chart.

18.07.2024 22:40 2 min. read Alexander Stefanov

Bitcoin (BTC) Sees Explosive Trading Volume Surge

As traditional finance integrates cryptocurrency through innovations like Bitcoin exchange-traded funds (ETFs) and crypto debit cards, Bitcoin has surged in trading volume, rivalling giants like Visa and Mastercard.

18.07.2024 22:05 1 min. read Alexander Stefanov

Chainalysis Launches Anti-Phishing Initiative in Crypto Sector

Chainalysis has unveiled the results of Operation Spincaster, an extensive initiative aimed at combating “approval phishing” scams, a type of fraud that has caused significant financial losses in the cryptocurrency sector since May 2021.

18.07.2024 22:00 1 min. read Alexander Stefanov

ECB Signals Caution After Rate Cut as Euro Gains Ground

Traders bolstered the euro on Thursday amid signals from the European Central Bank (ECB) of cautious post-rate-cut plans, easing previous concerns over French political turmoil.

18.07.2024 21:00 1 min. read Alexander Stefanov

Binance Launches New Crypto Project with Significant Airdrop

Binance has unveiled its latest altcoin airdrop, generating significant interest in the cryptocurrency community.

18.07.2024 20:47 1 min. read Alexander Stefanov

USA Should Wait Longer Before Cutting Rates – IMF

On July 18, the European Central Bank (ECB) opted to keep its key interest rates unchanged, signaling a pause aimed at addressing persistent inflation concerns.

18.07.2024 20:38 2 min. read Alexander Stefanov

Dave Portnoy Embraces Bitcoin Payments Despite Holding Off on Investments

Dave Portnoy, the founder of Barstool Sports, has opted not to invest in bitcoin (BTC) at its current price levels, which exceed $60,000.

18.07.2024 20:33 1 min. read Alexander Stefanov

Here is What You Need to Know About Spot Ethereum ETFs

Starting Tuesday, July 23, new spot ETFs for Ethereum will be available for trading, allowing investors to buy the cryptocurrency as stocks.

18.07.2024 20:21 2 min. read Alexander Stefanov

Greece Plans to Introduce a Cryptocurrency Tax Framework – Here is When

The Greek government is gearing up to introduce a tax framework for cryptocurrencies and digital assets, which are currently not formally recognized.

18.07.2024 20:00 1 min. read Alexander Stefanov

Robinhood Faces Court Order Over Referral Program Violations

A federal judge has ruled that Robinhood must pay $9 million to settle a lawsuit over its referral program, which was found to breach consumer protection laws by sending unsolicited messages.

18.07.2024 18:00 1 min. read Alexander Stefanov

New Poll Reveals What Will Bitcoin Investors Do After Mt. Gox Repayment

A question that has been on the mind of most crypto investors is what will happen after Mt. Gox distributes user compensations – will there be a massive sell-off, or will people hold?

18.07.2024 17:30 2 min. read Alexander Stefanov

Here is Why XRP’s Price Skyrocketed This Past Week

XRP has experienced a significant surge, rising over 38% this week to reach $0.61, surpassing Bitcoin’s more modest 12% increase.

18.07.2024 14:30 2 min. read Alexander Stefanov

Cipher Mining Considers Sale as Bitcoin Competition Intensifies

Bitcoin miner Cipher Mining is reportedly exploring a potential sale following interest from potential buyers, according to Bloomberg.

18.07.2024 14:00 1 min. read Alexander Stefanov

Why Vitalik Buterin Cautions Against Solely Pro-Crypto Political Support

Ethereum co-founder Vitalik Buterin advises against voting solely based on candidates’ pro-crypto stance in a recent article.

18.07.2024 11:30 1 min. read Alexander Stefanov

Here is Who Trump Considers for Treasury Secretary

After the recent shooting during a republican rally, Donald Trump’s chancec of being elected as president of the US have skyrocketed.

18.07.2024 11:15 2 min. read Alexander Stefanov

UK Plans to Regulate Advanced AI Models

The UK’s new government has outlined plans to regulate advanced AI models, marking a departure from previous policies as highlighted in King Charles’ recent legislative agenda speech encompassing over 35 bills.

18.07.2024 11:00 1 min. read Alexander Stefanov

Bank of International Settlements Tightens Rules on Stablecoins

The Bank for International Settlements (BIS) has introduced new regulations that could significantly impact stablecoins like Tether’s USDT and Circle’s USDC, both of which operate on public blockchains.

18.07.2024 10:50 1 min. read Alexander Stefanov

SEC Approves Two Ethereum ETFs for NYSE Listing

The Securities and Exchange Commission (SEC) of the United States has granted approval for two new Ethereum ETFs: the Grayscale Ethereum Mini Trust and the ProShares Ethereum ETF.

18.07.2024 10:45 2 min. read Alexander Stefanov

BREAKING: Cryptocurrency Exchange Loses Over $230M in Recent Hack

Reports are surfacing that a cryptocurrency exchange has been drained of $234 million.

18.07.2024 10:36 1 min. read Alexander Stefanov

Insider Trading Scandal: Meme Coins Surge After Trump Assassination Attempt

Following the July 13 assassination attempt on Donald Trump, the cryptocurrency market saw a surge in meme coins like $FIGHT.

18.07.2024 10:30 1 min. read Alexander Stefanov

Billionaire Sees Donald Trump as the Best Choice for Bitcoiners

More and more financial experts, analysts and tech CEO’s see Donald Trump’s potential second mandate as the right path for Bitcoin and crypto in general.

18.07.2024 10:00 1 min. read Alexander Stefanov