Author Alexander Stefanov

Crypto Project Sells Ethereum Worth $72 Million, Gained from 2016 ICO

A crypto project that initially raised 820,000 ETH in a 2016 ICO has sold a substantial amount of ETH on major exchanges.

09.07.2024 15:30 1 min. read Alexander Stefanov

Australia Approves Another Spot Bitcoin ETF

On July 9, the Australian Securities Exchange (ASX) gave DigitalX permission to launch its spot Bitcoin ETF, which will begin trading on July 12 under the ticker symbol BTXX.

09.07.2024 15:00 1 min. read Alexander Stefanov

Coinbase Announces Addition of New Altcoin Perpetuals

Coinbase is continuing their listing spree, adding new altcoins and pairs to the spot and futures trading platforms.

09.07.2024 14:30 1 min. read Alexander Stefanov

Will Ethereum Skyrocket After SEC Approves Spot ETFs?

The cryptocurrency sector anticipates a breakthrough with potential SEC approval of Ethereum ETFs, expected this week.

09.07.2024 14:00 1 min. read Alexander Stefanov

US Economy Faces Potential Recession as Federal Reserve Rate Decisions Loom

As the US economy awaits the Federal Reserve’s next interest rate decisions, historical trends hint that these policies could indicate the timing of an upcoming recession.

09.07.2024 13:30 2 min. read Alexander Stefanov

Bitcoin’s Peak May Be Over, Says JPMorgan Report

Expectations for a new Bitcoin peak during the current post-halving cycle may be overly optimistic.

09.07.2024 13:00 1 min. read Alexander Stefanov

Crypto Marketplace Co-Founder Faces Prison for Failing to Implement AML Protocols

Artur Schaback, co-founder and former CTO of Paxful, faces up to five years in prison after admitting to failing to implement essential Anti-Money Laundering (AML) protocols at the cryptocurrency exchange.

09.07.2024 12:30 1 min. read Alexander Stefanov

Spot Bitcoin ETFs With Their Best Performance Since the Beginning of June

Against the backdrop of the crypto market, U.S.-based spot Bitcoin ETFs registered their strongest day of net inflows in more than a month.

09.07.2024 12:00 1 min. read Alexander Stefanov

Here is When We Can Expect the Approval of Spot Solana ETFs

On July 8 VanEck and 21Shares filled two Form 19b-4 applications to Chicago Board Options Exchange (CBOE) for their Solana ETFs.

09.07.2024 11:30 1 min. read Alexander Stefanov

Will Bitcoin Withstand the Selling Preassure From Germany’s Government?

Bitcoin (BTC) has faced substantial volatility due to macroeconomic factors and industry events.

09.07.2024 10:30 1 min. read Alexander Stefanov

Bitcoin Means Financial Freedom, According to a Crypto Expert

In a recent statement, John E. Deaton, a prominent legal expert and advocate for cryptocurrencies, hailed Bitcoin as a symbol of financial liberty and a crucial tool against centralized financial control by figures like US Senator Elizabeth Warren.

09.07.2024 10:00 1 min. read Alexander Stefanov

US National Debt Poses an Economic Threat

Recent Treasury Department data reveals a rise from $33.990 trillion on January 2nd to $34.866 trillion by July 2nd, marking a staggering $876 billion surge in just six months.

09.07.2024 9:30 1 min. read Alexander Stefanov

Toncoin Faces Regulatory Hurdles Despite Market Resilience

Toncoin (TON) has carved out a niche as a prominent player in the cryptocurrency space, being positioned among the top crypto assets.

09.07.2024 9:00 1 min. read Alexander Stefanov

Bitcoin’s Price Forecast Sparks Debate Among Analysts

Bitcoin’s price has recently entered a bear market phase amid various challenges.

09.07.2024 8:30 1 min. read Alexander Stefanov

Expectations High for Ethereum ETF Approval and Price Surge

Matrixport expects SEC approval for Ethereum ETFs this week, akin to past swift approvals. Major firms like BlackRock and Fidelity prepare S-1 filings, anticipating ETH’s price could double.

09.07.2024 8:00 1 min. read Alexander Stefanov

Tether’s Paolo Ardoino Warns Against Risks of Centralized AI Models

Tether CEO Paolo Ardoino recently expressed concerns on social media platform X about the risks associated with centralized large language models (LLMs).

09.07.2024 7:30 1 min. read Alexander Stefanov

German Government Sold $150 Million in Bitcoin Today

The German government has liquidated almost 50% of its Bitcoin holdings in the past month and there is no indication of this sell-off stopping any time soon.

08.07.2024 21:56 1 min. read Alexander Stefanov

21Shares Files Updated S-1 Application for its Spot Ethereum ETF

Crypto investors are eagerly waiting for the approval of spot Ethereum ETF applications, which will mark the official start for trading these crypto investment products.

08.07.2024 21:37 1 min. read Alexander Stefanov

Dogecoin Gains Popularity as Everyday Payment Method

Dogecoin has recently become a popular payment method for everyday consumers, appealing to both tech-savvy millennials and seasoned investors.

08.07.2024 21:30 1 min. read Alexander Stefanov

Crypto Expert Predicts Booming Future for DePINs

Crypto expert Meltem Demirors predicts that decentralized physical infrastructure networks (DePINs) will generate numerous multi-billion dollar ventures in the near future.

08.07.2024 21:00 1 min. read Alexander Stefanov

Chainlink Shows Promise Amid Crypto Market Pressures

Bitcoin (BTC) and altcoin markets remain under pressure, but Chainlink (LINK) shows signs of whale accumulation at current prices.

08.07.2024 20:45 2 min. read Alexander Stefanov

VanEck Filed its Updated S-1 Application for Spot Ethereum ETF

Today marks a major milestone in cryptocurrency investing as VanEck officially filed its S-1 ETF application for Ethereum.

08.07.2024 18:28 1 min. read Alexander Stefanov

Fear Dominates Bitcoin and Crypto Markets

The Crypto Fear & Greed Index recently hit its lowest point since early 2023, signaling fear in the market following today’s Bitcoin’s drop almost $54,000.

08.07.2024 18:00 1 min. read Alexander Stefanov

CBDC: Hong Kong Joins ECB in First Non-EU Collaboration for Digital Euro Project

The Hong Kong Monetary Authority (HKMA) has embarked on a groundbreaking collaboration with the European Central Bank (ECB) to explore the digital euro project, marking its first participation outside the EU.

08.07.2024 17:00 1 min. read Alexander Stefanov

JUST IN: Germany Sells Bitcoin Worth Around $69 Million

Germany is continuing to put preassure on the crypto market by offloading huge amounts of Bitcoin to centralized exchanges.

08.07.2024 16:50 1 min. read Alexander Stefanov

Democrat Hosts Crypto Roundtable with Industry Leaders to Talk About Regulation

Democratic Congressman Ro Khanna has organized an exclusive roundtable discussion focused on cryptocurrency in Washington, scheduled to include notable figures such as Mark Cuban, Brad Garlinghouse, and Anthony Scaramucci.

08.07.2024 16:00 1 min. read Alexander Stefanov

Bitcoin Analyst Predicts Potential Rally by October Based on Historical Trends

In a recent video update, crypto analyst Benjamin Cowen suggests that Bitcoin (BTC) may not initiate a rally for several months.

08.07.2024 15:15 1 min. read Alexander Stefanov

German Government With an Interesting Bitcoin Transfer to a Trading Company

The German government continues with Bitcoin (BTC) transfers after earlier sending 500 BTC to some crypto exchanges.

08.07.2024 14:32 1 min. read Alexander Stefanov

Crypto Whale Deposits Bitcoin Worth $617 Million to Binance in Around 10 Days

Wealthy crypto investors, also known as whales, have made significant Bitcoin transfers during the past few weeks.

08.07.2024 14:28 1 min. read Alexander Stefanov

Paraguay Raises Electricity Tariffs for Cryptocurrency Mining

The Paraguayan National Electricity Administration (ANDE) has announced a significant 14% increase in electricity tariffs specifically targeting Bitcoin and other cryptocurrency mining operations.

08.07.2024 14:00 1 min. read Alexander Stefanov

Crypto Scammers Pose as Coinbase, Swipe $1.7 Million from Users

Several Coinbase users recently fell victim to scams involving impersonators posing as Coinbase representatives, resulting in significant losses.

08.07.2024 13:30 1 min. read Alexander Stefanov

How Much Will Each Investor Get From the Bankrupt Crypto Exchange Mt. Gox?

10 years after the collapse of Mt. Gox, the crypto exchange is again one of the most discussed topics in the crypto space.

08.07.2024 13:20 3 min. read Alexander Stefanov

Oil Prices Steady Amid Storm Threat and Summer Demand

Oil prices held steady on Monday as traders monitored hurricane Beryl’s potential impact on Gulf of Mexico production and noted robust summer demand signals.

08.07.2024 13:00 1 min. read Alexander Stefanov

Binance Set to Delist Four Altcoins on July 22

Top cryptocurrency exchange Binance has announced it will stop supporting four altcoins, which led to a significant price drop in their market prices.

08.07.2024 12:30 1 min. read Alexander Stefanov

XRP and Cardano’s Crypto Future Under Scrutiny

Former Goldman Sachs analyst Murad Mahmudov has sparked a heated debate with recent comments questioning the future viability of two major altcoins: XRP and Cardano (ADA).

08.07.2024 11:00 1 min. read Alexander Stefanov

Germany Sold Another 500 BTC Worth $28 Million

On July 8, a wallet belonging to the German government designated as “German Government (BKA)” transferred 500 BTC to crypto exchanges and another 500 BTC to a government-affiliated address.

08.07.2024 10:22 1 min. read Alexander Stefanov

Nvidia: Shifting Investment Strategies Amid AI Dominance

Nvidia, renowned for its AI chips, saw its market capitalization exceed $3 trillion in the second quarter, reflecting the robust confidence Wall Street places in artificial intelligence.

08.07.2024 10:00 1 min. read Alexander Stefanov

Crypto Markets Start New Week in the Red – Bitcoin Continues to Bleed

Last week Bitcoin and the wider crypto market experienced a significant down trend and this week might not be so different.

08.07.2024 9:30 2 min. read Alexander Stefanov

Here is Which Cryptocurrencies Should You Avoid This Week

Three cryptocurrencies are set to release over $170 million in tokens this week, posing potential risks for traders with significant exposure.

08.07.2024 8:30 1 min. read Alexander Stefanov

Tech Stocks vs. Crypto: A Five-Year Performance Comparison

In the realm of financial markets, cryptocurrencies and tech stocks have emerged as dominant contenders for investor attention.

08.07.2024 8:00 2 min. read Alexander Stefanov

Samourai Wallet Co-Founder Granted Bail Amid Money Laundering Charges

William Lonergan Hill, co-founder of Samourai Wallet, has been granted bail after being arrested in April for money laundering and operating an unlicensed money transmitting business. The specific terms of his bail are still under negotiation.

08.07.2024 7:30 1 min. read Alexander Stefanov

Cathie Wood’s Top Growth Stocks to Watch

Cathie Wood, the founder of Ark Invest, remains a significant figure in the world of growth investing despite her flagship Ark Innovation ETF (NYSEMKT: ARKK) declining nearly 6% over the past five years, even as the S&P 500 surged 85%.

08.07.2024 7:00 2 min. read Alexander Stefanov

Arthur Hayes Advises Investors to Buy the Bitcoin Dip

Arthur Hayes has issued a new newsletter, advising investors to “buy the dip” and hold onto Bitcoin, arguing it’s the best way to safeguard wealth in uncertain times.

08.07.2024 6:30 2 min. read Alexander Stefanov

New European Governments Face Fiscal Challenges

Newly elected European governments face tough financial situations, tasked with implementing change despite limited resources.

08.07.2024 6:00 2 min. read Alexander Stefanov

Vitalik Buterin’s Ethereum Journey to Unfold in New Documentary

“Vitalik: An Ethereum Story,” a highly anticipated documentary, is set to premiere in September, offering an intimate portrayal of Vitalik Buterin, co-founder of the Ethereum blockchain, and the transformative evolution of his pioneering project.

07.07.2024 12:00 1 min. read Alexander Stefanov

BitMEX Moves $800 Million in Bitcoin Amid Market Turbulence

BitMEX made headlines by transferring over $800 million worth of Bitcoin (BTC) in two significant transactions amidst market volatility.

07.07.2024 10:30 1 min. read Alexander Stefanov

Grayscale Updates Crypto Fund Allocations for Q2 2024

Grayscale Investments has updated the weightings of its key funds following the second quarter 2024 reviews.

07.07.2024 10:00 1 min. read Alexander Stefanov

US Housing Market Signals Economic Downturn Amidst Uncertainty

The United States housing market is showing worrisome signs of a potential economic downturn amid growing uncertainty.

07.07.2024 9:30 2 min. read Alexander Stefanov

BRICS: Russia and Iran Expand Payment System Integration

BRICS has been on a crusade to ditch the US dollar and its members are trying to integrate expand the usage of their own payment systems and promote local currencies.

07.07.2024 9:00 1 min. read Alexander Stefanov

Potential Impact of Donald Trump Presidency on Bitcoin (BTC)

As the US presidential election nears, crypto traders and analysts speculate a Donald Trump victory could significantly boost Bitcoin, per the Financial Times.

07.07.2024 8:30 1 min. read Alexander Stefanov

Ethereum Ecosystem Loses $400 Million in 2024 Exploits

Cybersecurity firm SlowMist reports that the Ethereum ecosystem has lost $400 million to exploits so far this year, amid a 50% rise in crypto hacking incidents.

07.07.2024 8:00 1 min. read Alexander Stefanov

Wall Street Analysts Predict Major Declines for Top AI Stocks

AI, in essence, refers to software and systems performing tasks typically handled by humans, with the remarkable capability of learning and improving without human intervention.

07.07.2024 7:30 2 min. read Alexander Stefanov

Ex-Goldman Sachs Exec Predicts Crypto Market Cap to Hit $100 Trillion

Raoul Pal, CEO of Real Vision, predicts that the total crypto market cap could soar to an astounding $100 trillion.

07.07.2024 7:00 2 min. read Alexander Stefanov

Kaspa Shines Amid Market Slump: A Bullish Future Ahead?

In a recent analysis by FireHustle, the strengths and weaknesses of Kaspa were evaluated, along with potential effects on its price and a recommended trading strategy.

07.07.2024 6:30 2 min. read Alexander Stefanov

GameStop Stock Drops Amid Roaring Kitty’s Silence

GameStop’s stock declined by over 3% last week, closing at $24.18 on Friday. This drop exacerbates the company’s recent losses, pushing the stock down more than 23% since June 5.

07.07.2024 6:00 1 min. read Alexander Stefanov

How FTX’s $16 Billion Payout Could Affect Bitcoin and Solana Prices

At a pivotal moment for the cryptocurrency world, FTX, the exchange that collapsed in November 2022 under the leadership of the convicted Sam Bankman-Freed, is about to pay out a whopping $16 billion to its customers.

06.07.2024 22:00 3 min. read Alexander Stefanov

Bitcoin Sales by Governments Don’t Have Much Impact, According to Crypto Analyst

Recent declines in the crypto market have sparked discussions among traders about the impact of government sell-offs on the price of Bitcoin.

06.07.2024 20:00 2 min. read Alexander Stefanov

US House of Representatives to Vote on Controversial Bulletin for Crypto Companies Next Week

The House of Representatives is set to vote on President Joe Biden’s veto of Statement of Accounting Bulletin 121 (SAB 121), a decision that has sparked significant controversy.

06.07.2024 18:00 2 min. read Alexander Stefanov

Ripple CLO Criticizes US Crypto Regulation Amid SEC Battle

Amid the ongoing legal dispute between Ripple and the U.S. SEC, Stuart Alderoty, Ripple’s Chief Legal Officer, expressed dissatisfaction with the U.S. regulatory framework for digital assets during a panel discussion at the Point Zero Forum in Zurich, Switzerland.

06.07.2024 12:00 1 min. read Alexander Stefanov