Author Alexander Stefanov

Bitcoin Forecast: Optimistic Outlook for Second Half of 2024

In a recent update, Michaël van de Poppe, a well-known crypto analyst, shared his optimistic outlook for Bitcoin’s performance in the latter half of 2024.

18.07.2024 9:00 1 min. read Alexander Stefanov

State Street Considers Introducing a Stablecoin

State Street Corporation, a prominent financial services firm, is actively considering the introduction of a stablecoin and a deposit token as part of its strategy to streamline payment settlements using blockchain technology.

18.07.2024 8:30 1 min. read Alexander Stefanov

BRICS: Russia Issues Crypto Mining Warning

BRICS and Russia in particular has raised concerns about the impact of cryptocurrency mining on power infrastructure, emphasizing the need for stricter regulations.

18.07.2024 8:00 1 min. read Alexander Stefanov

Uniswap Launches Chrome Wallet Extension After Six-Month Wait

Uniswap Labs has officially launched its wallet browser extension for Google Chrome after a wait of over six months, during which more than 793,000 users joined the waitlist.

18.07.2024 7:30 1 min. read Alexander Stefanov

Bombastic Ethereum Price Prediction After ETF Launch

Matt Hogan, Chief Investment Officer at Bitwise Asset Management, anticipates a significant rise in Ethereum’s price following the launch of Ethereum ETFs.

18.07.2024 7:00 2 min. read Alexander Stefanov

Top Crypto Exchange OKX Halts Services in Nigeria Due to Regulatory Changes

OKX, a prominent global cryptocurrency exchange, has announced the cessation of its operations in Nigeria.

18.07.2024 1:00 1 min. read Alexander Stefanov

Ripple Supports John Deaton’s Senate Bid Against Elizabeth Warren

John Deaton, known for his advocacy in the crypto community and his legal battles involving Ripple, is now backed by Ripple itself in his bid for the Massachusetts Republican senatorial primary.

17.07.2024 21:00 1 min. read Alexander Stefanov

Crypto Platform Expands BTC and ETH Options Ahead of 2024 US Election

Deribit is launching BTC and ETH options expiring on November 8, 2024, ahead of the US presidential election.

17.07.2024 20:00 1 min. read Alexander Stefanov

VanEck Launches Bitcoin ETF in French Retirement Plans

VanEck, in partnership with Inter Invest, has introduced a groundbreaking initiative to offer Bitcoin exposure within French retirement savings plans.

17.07.2024 19:00 1 min. read Alexander Stefanov

Worldcoin Extends Token Lock-Up Period to Stabilize Market Amid Price Surge

Tools for Humanity (TFH), the developer of Worldcoin (WLD), has made a strategic decision to extend the lock-up period for its team members’ and investors’ WLD tokens.

17.07.2024 18:00 1 min. read Alexander Stefanov

Bitcoin Set for Third Parabolic Surge in Current Cycle, Analyst Suggests

A noted crypto strategist, Kevin Svenson, has highlighted Bitcoin (BTC) as potentially entering its third parabolic phase within the current market cycle, drawing comparisons to its historical performance in 2017.

17.07.2024 17:00 2 min. read Alexander Stefanov

Cardano Faces Bearish Sentiment Despite Upcoming Upgrade

Cryptocurrency analytics firm Santiment reports that Cardano (ADA) is experiencing its highest level of bearish sentiment in over a year, with traders largely dismissing the cryptocurrency.

17.07.2024 16:00 1 min. read Alexander Stefanov

Global Investor Sentiment Shifts Amid Economic Outlook and Geopolitical Risks

Investor optimism is currently buoyed by expectations of potential U.S. interest rate cuts, aiming to prevent a severe economic downturn, despite escalating geopolitical risks, according to the latest survey by Bank of America.

17.07.2024 15:00 2 min. read Alexander Stefanov

US Bitcoin ETFs Registered Their Best Performance in 6 Weeks

Momentum and investor faith appears to be sustained as US spot Bitcoin ETFs continued their winning streak for an 8th consecutive day on Tuesday.

17.07.2024 14:00 1 min. read Alexander Stefanov

How Much Money Would Germany Make if it Sold all its Bitcoin at Today’s Prices?

After several weeks of a major sell-off, the German government liquidated the last of its Bitcoin holdings last Friday.

17.07.2024 13:30 2 min. read Alexander Stefanov

Record Hashrates Squeeze Bitcoin Mining Profits

As Bitcoin mining becomes more challenging, miners face reduced profitability despite high trading values.

17.07.2024 13:00 2 min. read Alexander Stefanov

Crypto Analyst Predicts Solana Could Hit $500 – Here is Why

A crypto analyst suggests that Solana (SOL) might be replicating a pattern from three years ago, which preceded the altcoin’s surge to its all-time high.

17.07.2024 12:00 1 min. read Alexander Stefanov

Top Cryptocurrency Exchange Teams up With a Premier League Team

Kraken announced on July 16 that it is partnering with Tottenham Hotspur football club.

17.07.2024 11:30 1 min. read Alexander Stefanov

Crypto User Loses 90% of Assets Due to Cross-Chain Transaction Issues

A Degen Chain user recently lost a significant portion of their assets, totaling 785,000 DEGEN, during a cross-chain transaction.

17.07.2024 11:00 1 min. read Alexander Stefanov

Crypto Analyst Foresees Major Bitcoin Surge and Cycle End

A popular crypto delivered an optimistic outlook for Bitcoin (BTC), suggesting a potential bullish reversal that could culminate in the conclusion of the current market cycle by next year.

17.07.2024 10:30 1 min. read Alexander Stefanov

Wall Street Tensions Mount Over Fed Rate Cut Predictions

Wall Street is increasingly frustrated with the Federal Reserve’s interest rate strategy, highlighted by Bank of America’s recent results.

17.07.2024 10:00 2 min. read Alexander Stefanov

Craig Wright Admits He Is Not Bitcoin Creator Satoshi Nakamoto

On July 16, Craig Wright posted a legal disclaimer on his website, stating unequivocally that he is not the pseudonymous creator of Bitcoin, Satoshi Nakamoto.

17.07.2024 9:30 2 min. read Alexander Stefanov

Bankrupt Crypto Exchange FTX Agrees to Settle With CFTC for $12.7 Billion

The failed cryptocurrency exchange FTX and the US Commodity Futures Trading Commission (CFTC) have reached a $12.7 billion settlement, awaiting approval by a Delaware judge.

17.07.2024 9:00 1 min. read Alexander Stefanov

New Altcoin Listings Expected on Binance Soon

Crypto analytics company Layergg recently identified eight altcoin projects that are highly likely to be listed on Binance soon.

17.07.2024 8:30 1 min. read Alexander Stefanov

Mt.Gox Customers Expected to Sell Bitcoin Cash Holdings After Refund

CEO of Jan3 and well-known Bitcoin advocate, Samson Mow, suggests that recipients of Bitcoin Cash (BCH) from the Mt.Gox refund process might swiftly sell off their holdings.

17.07.2024 8:00 2 min. read Alexander Stefanov

Vitalik Buterin’s Stark Warning on Crypto Investments

Vitalik Buterin recently voiced concerns about excessive investment practices, particularly in infrastructure that may not necessarily require such funding.

17.07.2024 7:30 1 min. read Alexander Stefanov

Robert Kiyosaki Warns of US Financial Risks and CBDC Threats

Robert Kiyosaki, renowned investor and author of ‘Rich Dad Poor Dad,’ continues to voice stark criticisms of the US financial system.

17.07.2024 7:00 1 min. read Alexander Stefanov

Tether and Bitfinex Face Market Manipulation Allegations

In a significant legal development, Tether and Bitfinex are embroiled in a revised class action lawsuit alleging market manipulation and antitrust violations.

16.07.2024 22:00 1 min. read Alexander Stefanov

Crypto Investor Moves Tens of Millions of Bitcoin After 12 Years of Inactivity

A crypto whale moved 1,000 BTC from a long-dormant wallet, marking the first activity in nearly twelve years.

16.07.2024 21:00 1 min. read Alexander Stefanov

Russia Proposes Traditional Exchanges for Digital Asset Trading

Russia’s Ministry of Finance is proposing a new regulatory approach that could allow established financial exchanges to manage digital asset trading for a limited group of investors, as reported by Interfax on July 10.

16.07.2024 20:00 1 min. read Alexander Stefanov

Here’s Why Bitcoin Could Hit $100,000 Soon

Renowned economist Timothy Peterson recently shared his insights on Bitcoin’s future price trajectory in a statement posted on the social media platform X.

16.07.2024 19:00 1 min. read Alexander Stefanov

Tether Mints $1 Billion USDT on Tron Amid Market Preparation

Tether, known for issuing the largest dollar-backed stablecoin, has recently created $1 billion USDT on the Tron blockchain.

16.07.2024 18:00 1 min. read Alexander Stefanov

XRP Price Continues to Surge – Will This Trend Persist?

XRP has once again emerged as a top performer in the cryptocurrency market, following the recent price surges.

16.07.2024 17:33 2 min. read Alexander Stefanov

Another Crypto Protocol Falls Victim to Hackers

A crypto protocol just lost millions of dollars in altcoins during a major security breach, as reported by Cyvers Alerts.

16.07.2024 17:07 1 min. read Alexander Stefanov

Binance Launches 50x Leveraged Futures for Dogwifhat (WIF)

Today marks an active day in the cryptocurrency market with notable listings and price increases.

16.07.2024 17:00 1 min. read Alexander Stefanov

MicroStrategy Stock Soars 15% Amid Bitcoin Rally

MicroStrategy saw its stock rise 15% on Monday, following Bitcoin’s surge to $65,000 with double-digit gains.

16.07.2024 16:00 1 min. read Alexander Stefanov

Will the Meme Coin Market Explode Like it Did in 2021?

A renowned crypto analyst shared his views on the potential surge in the meme coin market and how it will relate to the 2021 bull run.

16.07.2024 15:30 2 min. read Alexander Stefanov

Pepe With a Major Surge After a Significant VC Purchase

Pepe coin experienced a significant 23% jump on July 16, driven by a substantial purchase from venture capital firm Nascent.

16.07.2024 15:00 1 min. read Alexander Stefanov

Stripe Expands Crypto Purchases in Europe with Card Integration

Stripe has expanded its cryptocurrency integration in Europe, enabling customers across the EU to purchase Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies using their Stripe-issued credit or debit cards.

16.07.2024 14:43 1 min. read Alexander Stefanov

Kraken Gives Official Deadline for Mt. Gox Payouts

Kraken announced that it has received funds from bankrupt crypto exchange Mt. Gox, according to an emailed statement.

16.07.2024 14:35 1 min. read Alexander Stefanov

“Japanese MicroStrategy” Buys More Bitcoin, Stock Surges

Japan’s Metaplanet has purchased an additional 21.88 BTC for around $1.26 million, bringing their total holdings to over 225 BTC, worth approximately $14.55 million.

16.07.2024 14:00 1 min. read Alexander Stefanov

Oil Prices Fall Due to Stronger Dollar

Oil prices fell for a third straight day on concerns of weak demand from China. In addition, a stronger dollar and tepid capital market sentiment contributed to the downward trend.

16.07.2024 13:56 1 min. read Alexander Stefanov

Bitcoin ETFs Inflows Show Strong Investor Confidence

Following Bitcoin’s price surge to over $60,000 on July 14 and subsequent strong performance through July 16, investors in BTC ETFs appear to be maintaining their confidence in the asset.

16.07.2024 13:00 1 min. read Alexander Stefanov

Here is Why S&P 500 is Set to Explode by 2030

Fundstrat’s Tom Lee has made a bold forecast for the S&P 500, projecting it to nearly triple to 15,000 by the end of the decade.

16.07.2024 12:00 2 min. read Alexander Stefanov

Mt. Gox Moved $3 Billion in Bitcoin – Will There be Another Price Drop?

Mt. Gox has made yet another significant transaction today, stirring speculation within the cryptocurrency community.

16.07.2024 11:08 2 min. read Alexander Stefanov

North Korean Hackers Allegedly Linked to $305 Million Crypto Exchange Exploit

Recent developments suggest that the Lazarus Group, a notorious state-sponsored hacking entity, may be behind the $305 million breach of Japanese crypto exchange DMM Bitcoin.

16.07.2024 10:30 2 min. read Alexander Stefanov

Visa and Wirex Forge New Era in Web3 Payment Solutions

Wirex, a leading Web3 financial app, has made headlines with its new partnership with Visa, a major player in global payment technology.

16.07.2024 10:00 1 min. read Alexander Stefanov

Hong Kong Issues Warnings for Unlicensed Crypto Exchanges

The Securities and Futures Commission of Hong Kong (SFC) has issued warnings against seven cryptocurrency trading platforms for operating illegally without proper licenses in the region.

16.07.2024 9:30 1 min. read Alexander Stefanov

South Korea Proposes Delaying Crypto Tax Amid Market Concerns

South Korean lawmakers have proposed pushing back the implementation of cryptocurrency capital gains taxes until 2028, citing current negative market sentiments.

16.07.2024 9:00 1 min. read Alexander Stefanov

Fintech Giant Ripple Exits Key Crypto Investments

Ripple, a significant player in crypto payments, has sold its stakes in Bitstamp and Tranglo. This move has been noted on Crunchbase, marking Ripple’s departure from these major investments.

16.07.2024 8:30 1 min. read Alexander Stefanov

Ethereum Set to Outshine Bitcoin Post Spot ETF Launch, Predicts Kaiko

A recent Kaiko report suggests that Ethereum (ETH) may surpass Bitcoin (BTC) in performance following the upcoming launch of spot Ethereum ETFs.

16.07.2024 8:00 2 min. read Alexander Stefanov

BlackRock Chief Calls Bitcoin “Digital Gold”

Larry Fink, the chief executive officer of the largest asset manager in the world BlackRock, described Bitcoin as “digital gold”.

16.07.2024 7:30 1 min. read Alexander Stefanov

This Crypto Network Breaks $9B Transaction Record: Whats Behind the Surge?

Toncoin (TON) saw significant growth in Q2, driven by a surge in new users and increased adoption of native Tether (USDT).

16.07.2024 7:00 1 min. read Alexander Stefanov

SEC Gives Preliminary Nod to Ethereum ETFs, Trading Set to Start Soon

The U.S. Securities and Exchange Commission (SEC) has tentatively approved at least three of the eight asset managers planning to introduce spot Ethereum ETFs.

16.07.2024 0:57 1 min. read Alexander Stefanov

Trump Selected His Running Mate, Who Has Previously Disclosed Crypto Holdings

Former President Donald Trump, the likely Republican candidate for the 2024 U.S. presidential race, has selected Sen. J.D. Vance, a supporter of cryptocurrency, as his running mate.

15.07.2024 22:56 1 min. read Alexander Stefanov

Is China Reconsidering its Bitcoin Ban?

Amid recent discussions on social media suggesting a potential reversal, China’s stance on Bitcoin remains a contentious topic within the cryptocurrency community.

15.07.2024 21:30 2 min. read Alexander Stefanov

Jerome Powell Commented on Future Rate Cuts – Here is What He Said

Jerome Powell started his recent interview with David Rubenstein by saying he won’t give any hints on potential rate cuts or hikes.

15.07.2024 21:15 2 min. read Alexander Stefanov

Company Behind Google Set For a $23 Billion Acquisition Deal

Alphabet Inc., Google’s parent company, is reportedly nearing its biggest acquisition yet, according to the Wall Street Journal.

15.07.2024 21:00 1 min. read Alexander Stefanov

Jerome Powell Issues a Warning on US Debt Crisis

Fed Chair Jerome Powell recently commented on the US national debt in a live interview with David Rubenstein, Co-Chairman of Carlyle Group.

15.07.2024 20:45 2 min. read Alexander Stefanov