Author Alexander Stefanov

Crypto Giant Moves $720 Million in Bitcoin to Coinbase Amid Regulatory Fallout

Genesis Trading has moved over 12,600 BTC, valued at approximately $720 million, to Coinbase within the past month.

15.07.2024 18:20 2 min. read Alexander Stefanov

SEC’s Closed-Door Meeting Thursday Could Determine Ripple’s Future

The legal dispute between Ripple Labs Inc. and the US Securities and Exchange Commission (SEC) may reach a pivotal moment this week as both parties are set to convene in a closed-door meeting on Thursday, July 18, 2024.

15.07.2024 18:00 1 min. read Alexander Stefanov

BlackRock’s AUM Hits New High, Boosted by ETF Growth

Financial titan BlackRock reached a significant milestone by managing over $10.6 trillion in assets.

15.07.2024 17:15 1 min. read Alexander Stefanov

New Meme Coin Hits Fresh All-Time High Amid Recent Market Surge

A new meme coin registered a significant price surge within the past day after the assassination attempt on Donald Trump.

15.07.2024 17:00 1 min. read Alexander Stefanov

Dogecoin on the Brink of a Major Price Surge – What to Expect

Dogecoin’s recent activity has drawn attention, particularly due to a significant decline in its active addresses, now standing at 40,000, a level last seen in March 2020.

15.07.2024 15:00 1 min. read Alexander Stefanov

Russian Parliament to Decide on Cryptocurrency Mining Bill Next Week

The State Duma’s Financial Markets Committee has recommended that the lower house of the Russian parliament approve a bill to regulate Bitcoin and altcoin mining activities.

15.07.2024 14:09 2 min. read Alexander Stefanov

Solana Soars Above $150 – Here’s What Could Extend Gains

Solana’s price started this week quite strong, even breaking the $145 resistance and surpassing the $150 barrier, reaching a high of $154, according to CoinMarketCap.

15.07.2024 13:14 2 min. read Alexander Stefanov

Human-Artificial Intelligence Interaction: Understanding the Dynamics of Conversational AI

Artificial intelligence has evolved extremely rapidly in recent years, as can be noticed in multiple aspects.

15.07.2024 12:41 5 min. read Alexander Stefanov

Whale Profits Big on TRUMP Token Amid Meme Coin Surge

A recent surge in the TRUMP token has allowed a significant investor to make substantial profits, according to on-chain data.

15.07.2024 12:00 2 min. read Alexander Stefanov

Billions of Dollars in Bitcoin Move to Crypto Exchanges – What Does it Mean?

A noted on-chain analyst has revealed significant activity in the Bitcoin (BTC) market, where approximately 58,956 BTC, valued at roughly $3.54 billion, were transferred to cryptocurrency exchanges over the past month.

15.07.2024 11:00 2 min. read Alexander Stefanov

Crypto Tracking Platform Reports Major Security Breach

CoinStats, a prominent crypto-tracking platform, has provided further details regarding its June security incident.

15.07.2024 10:30 1 min. read Alexander Stefanov

Investors Should Prepare for Prolonged Crypto Consolidation, According to Coinbase

Coinbase Institutional, the institutional arm of the US-based digital asset exchange platform, anticipates further consolidation in the crypto market this quarter.

15.07.2024 10:00 1 min. read Alexander Stefanov

Nvidia Faces Potential Downturn Amid Technical Analysis Signals

Nvidia, a leading semiconductor company, is showing signs of a significant downturn according to recent technical analysis.

15.07.2024 9:30 1 min. read Alexander Stefanov

Tether Freezes Almost 30 Million USDT Linked to Criminal Activities

Tether took froze 29.62 million USDT tokens associated with criminal activities involving Cambodia’s Huione Group.

15.07.2024 9:00 2 min. read Alexander Stefanov

Fed Will Cut Rates This Year, According to Bloomberg Analyst

Bloomberg analyst Mike McGlone anticipates significant developments at the Federal Reserve, foreseeing potential interest rate cuts in response to recent shifts in US equities.

15.07.2024 8:30 2 min. read Alexander Stefanov

Crypto’s Transformative Impact Without Mass Adoption

Venture capitalist Arthur Cheong envisions a successful future for cryptocurrency even without widespread adoption.

15.07.2024 8:00 2 min. read Alexander Stefanov

Major U.S. Banks Struggle with Credit Card Debts

JPMorgan Chase and Wells Fargo are grappling with significant credit card debt issues. JPMorgan has over $500 million in bad mortgage debt despite making a $13.1 billion profit.

15.07.2024 7:30 1 min. read Alexander Stefanov

Why Bitcoin is the Only True Free Market Currency

Jeff Booth, the author of “The Price of Tomorrow: Why Deflation is the Key to an Abundant Future,” argues that Bitcoin (BTC) aligns with the natural state of the free market.

15.07.2024 7:00 1 min. read Alexander Stefanov

Bitcoin Breaks Past $61,000, Boosting Investor Confidence

Bitcoin and the cryptocurrency market are showing signs of recovery from the recent price corrections, boosting investor confidence.

15.07.2024 0:39 1 min. read Alexander Stefanov

GoldenDolphin Presale Surpasses $200,000 in Record Time

GoldenDolphin ($GLD), the innovative new cryptocurrency, is excited to announce the successful launch of its highly anticipated presale.

14.07.2024 22:00 3 min. read Alexander Stefanov

Amid Assassination Attempt Pro-Crypto Trump Still Favors Clandeno (CLD) as ICO Launches with High Expectations, While Stellar (XLM) is up 12%

TL;DR

–  The market sentiment around Stellar (XLM) had been bearish to start off July.
–  However, Stellar (XLM) is up 12% in the past 24 hours, continuing a positive 14% trend in the past week.
–  Despite the upward trend, the smart money is instead focusing on low-cap gems with greater upside potential such as Clandeno (CLD).
–  Clandeno (CLD) is a decentralized P2P e-commerce platform unlocking blockchain-based secure transactions between buyers and sellers. Its unique value proposition is drawing massive investment as it kicks off its ICO with high expectations.

14.07.2024 17:05 3 min. read Alexander Stefanov

US Senator Warns Sanctions Threaten Dollar’s Global Dominance

U.S. Treasury Secretary Janet Yellen has attributed the potential decline of the U.S. dollar to the country’s frequent use of sanctions in foreign policy.

14.07.2024 13:00 1 min. read Alexander Stefanov

Here is How Crypto Can Help Global Economic Growth

Circle CEO Jeremy Allaire has emphasized the potential impact of AI and crypto technologies on driving US Gross Domestic Product (GDP) growth.

14.07.2024 12:00 1 min. read Alexander Stefanov

FTX Nears $4 Billion Settlement with CFTC Amid Bankruptcy Proceedings

FTX, a defunct crypto exchange, has reached a preliminary agreement to settle with the US Commodity Futures Trading Commission (CFTC), marking a significant step in its bankruptcy proceedings since its abrupt collapse in 2022.

14.07.2024 11:00 1 min. read Alexander Stefanov

Bitcoin Developers Unveil Historic Security Fixes

Bitcoin developers have historically maintained a culture of discretion regarding coding errors, quietly patching vulnerabilities to prevent exploitation by hackers.

14.07.2024 10:00 1 min. read Alexander Stefanov

From Cash to Crypto: Companies Fuel Stock Surge with Bitcoin

Abra CEO Bill Barhydt has pointed out a significant shift among midcap companies and nonprofit organizations, who are increasingly converting their cash reserves into Bitcoin (BTC) following the successful strategy pioneered by MicroStrategy (MSTR).

14.07.2024 9:30 1 min. read Alexander Stefanov

Bullish Santiment Remains Strong, Despite Recent Price Slump

Despite recent price challenges, optimism prevails among crypto investors, as per a CoinGecko survey.

14.07.2024 9:00 1 min. read Alexander Stefanov

Bitcoin Reaches $60,000 After Shots Being Fired at Donald Trump

After a prolonged period of decline in which the price of Bitcoin fell below $54,000, the cryptocurrency managed to rise again to $60,000.

14.07.2024 8:34 1 min. read Alexander Stefanov

Ark Invest Trims Coinbase Holdings Before Q2 Report

Cathie Wood’s Ark Invest sold 2,046 Coinbase shares worth about $450,000 before the exchange’s Q2 earnings report.

14.07.2024 8:30 1 min. read Alexander Stefanov

Global Bitcoin ETFs Experience Unprecedented Inflows

Bitcoin ETFs in Hong Kong and Australia have seen significant inflows, setting new records amid a large sell-off by the German government. Globally, the Bitcoin ETF market has accumulated 1.05 million BTC.

14.07.2024 8:00 1 min. read Alexander Stefanov

Suspected Shooter Killed in Attempted Assassination of Donald Trump

Former President Donald Trump announced on social media that he was grazed by a bullet during a campaign rally in Butler, Pennsylvania, on Saturday.

14.07.2024 7:30 1 min. read Alexander Stefanov

Crypto Market Poised for 90% Increase in Trading Volume by 2024

Cryptocurrency trading worldwide is seeing a significant upswing, with CoinWire forecasting that trading volumes will hit $108 trillion by the end of 2024, marking a 90% rise since 2022.

14.07.2024 7:00 1 min. read Alexander Stefanov

Dow Jones Nears Record High as Stocks Rally

Stocks rallied broadly on Friday, with significant gains seen across the Dow, S&P, and Nasdaq indexes.

13.07.2024 20:00 1 min. read Alexander Stefanov

Bitcoin Close to its “Take-off Phase” – What Does it Mean?

Bitcoin (BTC) has once again faced resistance below the $60,000 mark, signaling a potential rally in the future despite recent challenges.

13.07.2024 19:00 1 min. read Alexander Stefanov

Russia’s Economy Surges in 2024 Despite Global Pressures

In 2024, Russia’s economy shows robust growth, surpassing expectations with a 5% GDP increase in the first five months.

13.07.2024 18:00 1 min. read Alexander Stefanov

Biden Administration Participates in Crypto Meeting with Industry Leaders

On June 10, Democratic Representative Ro Hanna of California hosted an important meeting on crypto in Washington, DC.

13.07.2024 17:00 2 min. read Alexander Stefanov

Shiba Inu Devs Give Their First Ever Interview

The main people behind Shiba Inu, Shytoshi Kusama and Kaal Dhairya, have given their first interview to Arabian Business, shedding light on their vision.

13.07.2024 16:00 1 min. read Alexander Stefanov

UK Authorities Seize and Sell Monero from Drug Dealer

UK authorities have seized Monero (XMR) from a drug dealer who admitted to selling dangerous ‘weight loss pills.’

13.07.2024 15:00 1 min. read Alexander Stefanov

FTX Token (FTT) Forecast: Analyst Predicts Rally to $4

Captain Faibik, a well-known analyst on X, predicts a significant rise for FTX Token (FTT), expecting a midterm rally of about 180% to reach a target price of $4.

13.07.2024 14:00 1 min. read Alexander Stefanov

Challenges Mount for Solana – Here is Whay You Should Know

Solana (SOL) has faced challenges in maintaining its value, struggling to surpass $145 since July 3 amid a broader cryptocurrency market downturn.

13.07.2024 13:00 1 min. read Alexander Stefanov

UK Government Shakes Up Crypto Policy: What’s Next?

After a decisive election victory on July 4, the UK Labour Party, under Prime Minister Keir Starmer, has begun appointing officials to key government roles.

13.07.2024 12:00 1 min. read Alexander Stefanov

US House Fails to Overturn SEC Crypto Custody Guidance

The US House of Representatives recently attempted to overturn President Biden’s veto of a measure aimed at nullifying SEC guidance known as SAB 121.

13.07.2024 11:30 2 min. read Alexander Stefanov

Tornado Cash Founder to Remain in Custody After His Bail Was Denied

Alexey Pertsev, the developer of the Tornado Cash protocol, has been denied release by a Dutch court on July 12.

13.07.2024 11:00 1 min. read Alexander Stefanov

XRP Price Surges Over 11% – Here is the Reason

XRP is regaining momentum, following the crypto market resurgnance, breaking back above $0.50.

13.07.2024 10:17 1 min. read Alexander Stefanov

Coinbase CEO Brian Armstrong Sells $5 Million in Shares

In a recent move, Coinbase CEO Brian Armstrong has sold nearly $5 million worth of COIN shares, potentially influencing the stock’s decline.

13.07.2024 10:00 1 min. read Alexander Stefanov

MicroStrategy’s Founder Reveals Radical Bitcoin Vision

MicroStrategy’s executive chairman, Michael Saylor, has again promoted Bitcoin, suggesting its use within the United States Treasury.

13.07.2024 9:00 1 min. read Alexander Stefanov

Crypto Investors May be Disappointed in Q3, According to Coinbase Analysts

Coinbase analysts David Duong and David Han suggest that a major crypto rally is unlikely in Q3 2024, anticipating unstable market conditions for the quarter.

13.07.2024 8:30 1 min. read Alexander Stefanov

Russia’s Secret Plan: Bitcoin Trading Proposal Surfaces

Russia is reportedly considering allowing Bitcoin and cryptocurrency trading for select investors as part of efforts to boost international crypto settlements amid ongoing geopolitical challenges.

13.07.2024 8:00 1 min. read Alexander Stefanov

Critical Bitcoin Metric Shows Potential Market Turnaround

Jamie Coutts from Real Vision highlights a critical Bitcoin (BTC) indicator showing positive signs again.

13.07.2024 7:30 1 min. read Alexander Stefanov

40 Banks in China Facing Bankruptcy – Here’s Why

China is witnessing a surge in bank failures, driven by a declining property market and poor risk management.

13.07.2024 7:00 1 min. read Alexander Stefanov

Here is Why Ethereum ETF Could be a Big Deal for Crypto

Thomas Perfumo, Kraken’s Head of Strategy, recently emphasized the significant impact of the upcoming Ethereum ETF on the crypto market in an interview with Bloomberg.

12.07.2024 23:21 2 min. read Alexander Stefanov

Spot Ethereum ETF Countdown – Approval is Imminent

Traders eagerly await SEC approval for the first spot ether ETFs, expected soon after the successful debut of spot bitcoin ETFs in early 2024.

12.07.2024 23:10 2 min. read Alexander Stefanov

High-Risk AI Stocks: A Warning Signal for Investors

S&P 500 is continuing its surge, riding the wave of the AI boom. However, not all AI stocks are good buy at this moment. Here are two of them, which you should potentially reconsider.

12.07.2024 21:30 1 min. read Alexander Stefanov

Morgan Creek Digital to Invest $500 Million in Blockchain and AI

Morgan Creek Digital plans to invest $500 million in AI, blockchain, semiconductor chips, and data through a new venture capital fund aimed at Europe, the Middle East, Africa (EMEA), and the Asia-Pacific (APAC) regions.

12.07.2024 15:00 1 min. read Alexander Stefanov

Senators Push to Ban Stock Trading by Congress Members

In a renewed effort, a group of bipartisan U.S. senators is advocating for legislation to prevent members of Congress from engaging in stock trading.

12.07.2024 14:00 1 min. read Alexander Stefanov

Analyst Warns Bitcoin Could Crash Below $53,000

A prominent analyst, known as Bluntz, is cautioning Bitcoin (BTC) investors after the cryptocurrency’s recent failed breakout.

12.07.2024 13:00 1 min. read Alexander Stefanov

Apple Opens iPhone NFC Technology to Third-Party Providers After EU Agreement

Apple has avoided significant European Commission fines by agreeing to open its NFC chip technology, crucial for iPhone contactless payments, to third-party providers.

12.07.2024 12:00 1 min. read Alexander Stefanov

Justin Sun Faces Scrutiny Over $420 Million Bitcoin Long Trades

Justin Sun, a prominent figure in the Bitcoin (BTC) and altcoin community, has recently come under scrutiny due to significant trades uncovered by CryptoQuant Founder Ki Young Ju.

12.07.2024 11:00 2 min. read Alexander Stefanov

BRICS: Alliance Shift to Gold Signals Dollar Decline

BRICS and other developing countries are ramping up their gold purchases while decreasing US dollar holdings, reports the World Gold Council.

12.07.2024 10:30 1 min. read Alexander Stefanov