Author Alexander Stefanov

Is the Current Market Correction a Good Opportunity for Crypto Investors?

Bitcoin’s recent market correction has sparked concerns among investors, but seasoned analysts stress the importance of viewing these downturns through a broader historical lens.

06.07.2024 10:30 2 min. read Alexander Stefanov

PancakeSwap Launches Community Reward Initiative

PancakeSwap, a decentralized exchange (DEX) operating across multiple chains, has unveiled a significant community reward program starting July 5th at 10:30 am UTC until August 5th at 10:30 am UTC.

06.07.2024 10:00 1 min. read Alexander Stefanov

Northern Data Faces Legal Battle Over Financial Misrepresentation Allegations

Northern Data, a company with stakes in both cryptocurrency and AI infrastructure, is currently facing a lawsuit filed in California by former executives Joshua Porter and Gulsen Kama.

06.07.2024 9:30 2 min. read Alexander Stefanov

Bitcoin Prices Affected by German Government’s $397 Million Sales

Bitcoin (BTC) has recently plummeted to a four-month low, shedding over 25% from its peak of $73,135 on March 13, triggering a significant downturn across the cryptocurrency market.

06.07.2024 9:00 1 min. read Alexander Stefanov

Peter Schiff Warns of Bitcoin ETF Risks Amid Market Volatility

Renowned cryptocurrency critic Peter Schiff has voiced concerns over potential turmoil in Bitcoin ETFs, foreseeing a significant sell-off that could further destabilize the market.

06.07.2024 8:30 1 min. read Alexander Stefanov

Founder of FTX Exchange Faces Allegations in $100 Million Political Funding Scandal

Sam “SBF” Bankman-Fried, founder of the defunct FTX crypto exchange, is embroiled in a financial scandal involving over $100 million in misused company assets for political contributions.

06.07.2024 8:00 1 min. read Alexander Stefanov

Taiwan Mobile Ventures into Crypto with VASP Registration

Taiwan Mobile, Taiwan’s second-largest telecom operator, has become the country’s 26th virtual asset service provider (VASP), positioning itself to potentially launch a cryptocurrency exchange.

06.07.2024 7:30 1 min. read Alexander Stefanov

Crypto Trader Predicts Ethereum Surge and Bullish Altcoin Phase

A well-known crypto trader and analyst is feeling optimistic about Ethereum compared to Bitcoin.

06.07.2024 7:00 2 min. read Alexander Stefanov

EU Expands AML Rules to Crypto Providers

The European Banking Authority (EBA) is extending its Travel Rules guidelines to include crypto service providers and their intermediaries, effective December 30 under Regulation (EU) 2023/1113.

06.07.2024 6:30 1 min. read Alexander Stefanov

Mt. Gox Repayments Could Trigger Further Bitcoin Sell-Off

The repayment of Bitcoin by the now-defunct Mt. Gox exchange is expected to create significant selling pressure, potentially pushing Bitcoin prices down.

06.07.2024 6:00 2 min. read Alexander Stefanov

Recent XRP Data Shows Whales Increasing Holdings Amid Price Decline

XRP has seen a rise in holdings by its largest investors, known as whales, despite recent price declines.

05.07.2024 21:00 1 min. read Alexander Stefanov

Oil Holds Near Two-Month High Amid Bullish Sentiment

Brent crude hovers around $87 per barrel, poised for its fourth consecutive weekly gain as global equities hit record highs and US inventories decline.

05.07.2024 20:30 1 min. read Alexander Stefanov

Dogecoin Declines Amid Increased Whale Activity

Dogecoin saw a significant drop as Bitcoin fell ahead of Mt. Gox repayments. The market downturn coincided with increased whale activity and liquidations.

05.07.2024 20:00 1 min. read Alexander Stefanov

Bybit Referral Promo Code (Sign-up Bonus) 

Bybit.com is currently a leading cryptocurrency exchange for futures trading. If you haven’t opened an account with them yet, we have great news!

05.07.2024 13:37 5 min. read Alexander Stefanov

How To Open a Bitcoin Account Or Wallet?

If you got here then you are probably wondering: how to open a bitcoin account? However, we need to clarify something. Bitcoin is not stored in an account, but in a so-called digital wallet – just like other cryptocurrencies, by the way. In today’s article we’ll explain everything in detail for you! Check out how to open a Bitcoin account and which wallet to choose!

05.07.2024 13:29 5 min. read Alexander Stefanov

Best Apps For Crypto and Bitcoin Trading on Phone

Do you trade crypto but get tired of constantly sitting in front of your computer screen? Nowadays, many exchanges offer their own crypto and bitcoin apps. These apps are intuitive and have almost the same functionalities as their desktop versions. However, the choice is so vast that it can be hard to decide, and that’s why we’re here to help. In today’s article, we’ll present the best crypto and Bitcoin apps!

05.07.2024 13:22 5 min. read Alexander Stefanov

Crypto Bloodbath Liquidates $640 Million in the Past Day

The crypto bloodbath continues as Bitcoin dipped below $54,000 with the rest of the market following its lead.

05.07.2024 12:44 1 min. read Alexander Stefanov

US Economy on Brink of Recession: Dire Warning from BCA Research

The lingering impact of the 2008-2009 Great Recession compounded by the Covid-19 downturn continues to haunt the US economy, stirring concerns about financial stability.

05.07.2024 12:00 1 min. read Alexander Stefanov

Court Orders $84 Million Repayment in Crypto Ponzi Scheme

A U.S. federal court has ordered Sam Ikkurty, a fraudulent crypto hedge fund owner, to repay nearly $84 million to investors deceived by his Ponzi-like scheme.

05.07.2024 11:30 1 min. read Alexander Stefanov

Will Biden’s Debate Struggles Affect Stock Market Confidence?

As President Joe Biden faces mounting challenges following a tumultuous TV debate last week, investors are contemplating the potential market impact of any shift in Democratic leadership.

05.07.2024 11:00 1 min. read Alexander Stefanov

Ark Invest Sells $15M Tesla Shares Amidst After Strong Performance

Cathie Wood’s Ark Invest has made its first sale of Tesla shares in nine months, offloading $15 million worth of the electric vehicle maker’s stock.

05.07.2024 10:00 1 min. read Alexander Stefanov

BRICS: Iran and Russia Push for Non-Dollar Trade Amid Sanctions

Iran and Russia are committed to reducing their dependence on the US dollar by promoting the use of their national currencies in bilateral trade, stated Mohammad Reza Farzin during a speech to Russian economic activists in St. Petersburg.

05.07.2024 9:00 1 min. read Alexander Stefanov

JPMorgan Warns of Economic Risks from Potential Trump Policies

JPMorgan Chase has issued a warning about the economic consequences of the upcoming presidential election.

05.07.2024 8:30 2 min. read Alexander Stefanov

SEC Intensifies Scrutiny on Crypto Venture Capital Firms

The US Securities and Exchange Commission (SEC) has intensified its scrutiny of the cryptocurrency sector, now targeting venture capital firms within the industry.

05.07.2024 8:00 1 min. read Alexander Stefanov

German Politician Urges the Government to Stop the Bitcoin Sell-Off

Joana Cotar, an independent Bundestag member, has called on the government to cease its Bitcoin sell-off.

05.07.2024 7:30 1 min. read Alexander Stefanov

Bitcoin Price Falls Below $54,000 After Mt.Gox Transfers $2.7 billion in BTC

Bankrupt Japanese crypto exchange Mt. Gox has transferred 47,229 BTC (worth approximately $2.71 billion) into a new wallet, making its first significant transaction since May.

05.07.2024 7:00 2 min. read Alexander Stefanov

Whales Find Ideal Time to Buy Bitcoin, Says CryptoQuant CEO

According to CryptoQuant’s CEO, Ki Young Ju, now is a prime opportunity for large investors to gather Bitcoin (BTC).

05.07.2024 7:00 1 min. read Alexander Stefanov

Dormant Bitcoin Wallet with $6.99 Million Reawakens After 12.4 Years

A Bitcoin address that has been inactive for over 12 years has suddenly become active, according to Whale Alert.

05.07.2024 6:30 1 min. read Alexander Stefanov

Assessing Crypto Market Signals: Potential for Continued Bear Market Trends

Cryptocurrencies are currently navigating through turbulent waters marked by sharp corrections following a recent attempt at recovery.

05.07.2024 6:00 1 min. read Alexander Stefanov

So it Begins – Mt. Gox Transferred Over $2.7 Billion in Bitcoin

After 10 years of waiting, investors in bankrupt crypto exchange Mt. Gox will soon start getting their money back.

05.07.2024 3:43 1 min. read Alexander Stefanov

Russia Considers Using Stablecoins for Transactions

Russia is considering legalising stablecoins for international transactions to streamline cross-border payments for its companies.

04.07.2024 14:30 2 min. read Alexander Stefanov

Bitcoin Trades Below $58,000 – How Much More Downturn Can We Expect?

The price of Bitcoin (BTC) recently slipped below a significant support level at $60,000, even dropping below $58,000.

04.07.2024 12:15 2 min. read Alexander Stefanov

Crypto Whales Have Amassed Over $300 Million Worth of Bitcoin in the Last Month

The latest data from cryptocurrency analytics firm IntoTheBlock reveals that Bitcoin whales have begun aggressively buying the largest cryptocurrency after its price fell below the $60,000 mark.

04.07.2024 12:00 1 min. read Alexander Stefanov

Germany Transferred Bitcoin Worth Over $75 Million

The wallet belonging to the German government, designated as “German Government (BKA)” has again transferred Bitcoin (BTC) tokens to some crypto exchanges, but this time in larger quantities.

04.07.2024 11:37 1 min. read Alexander Stefanov

Genesis Digital Assets is the Latest Bitcoin Mining Company to Go for a US IPO

A Bitcoin mining firm backed by Sam Bankman-Freed, the founder of FTX, is exploring the possibility of an initial public offering (IPO) in the US.

04.07.2024 11:00 1 min. read Alexander Stefanov

BRICS: Russia Exploring Crypto For International Payments

Russia’s central bank has urged businesses to explore alternative methods for cross-border payments, including cryptocurrencies and digital assets, to mitigate the impact of Western sanctions.

04.07.2024 9:00 2 min. read Alexander Stefanov

Ethereum Has Generated Twice as Much Tax Revenue as Bitcoin

According to a recent Lookonchain report, Ethereum has outpaced Bitcoin in fee revenue by an impressive 100% in the past year.

04.07.2024 8:30 1 min. read Alexander Stefanov

Mt. Gox Payout Won’t Crash the Market – CoinShares

CoinShares analysts believe that concerns about the impact of the Mt. Gox payout on the crypto market are likely overblown.

04.07.2024 7:30 2 min. read Alexander Stefanov

Bitwise Has Filed Corrections to its Application for Spot Ethereum ETF

Expectations for the start of spot Ethereum ETF trading are becoming increasingly positive and experts are of the opinion that it is only a matter of time until final approval.

03.07.2024 22:28 1 min. read Alexander Stefanov

Over Half of US Hedge Funds Hold Bitcoin

More than half of the top US hedge funds have disclosed investments in newly launched Bitcoin exchange-traded funds (ETFs) in the past year.

03.07.2024 18:14 1 min. read Alexander Stefanov

Crypto Whales Have Bought Toncon (TON) for Nearly $350 Million in a Week

A prominent crypto analyst has noted a major shift in the market, pointing out that major investors are putting significant funds into one of the leading altcoins.

03.07.2024 17:00 1 min. read Alexander Stefanov

Bitcoin Falls Below $60,000 – Market Correction Not Over

Bitcoin (BTC), like most of the cryptocurrency market, saw a price correction today.

03.07.2024 15:01 1 min. read Alexander Stefanov

Deutsche Digital Assets Launches World’s First Smart Bitcoin ETP

Deutsche Digital Assets has introduced the DDA Bitcoin Macro ETP – the first ever smart Bitcoin Exchange Traded Product (ETP) designed to dynamically adjust exposure to BTC based on macroeconomic conditions.

03.07.2024 13:20 2 min. read Alexander Stefanov

Swiss State Bank Adds New Crypto Services

While Bitcoin and the broader cryptocurrency markets are experiencing a period of stagnation, PostFinance, a bank wholly owned by the Swiss government, has provided some positive news for 5 altcoins.

03.07.2024 13:00 1 min. read Alexander Stefanov

Bitcoin is a Better Investment Than Gold Right Now – Arthur Hayes

Recently, the price of Bitcoin has seen a significant drop, causing concern among investors and market analysts.

03.07.2024 12:00 1 min. read Alexander Stefanov

Token Price Plunges 15% After Hack – User Loses $8 Million

On July 3, the Bittensor (TAO) blockchain was temporarily suspended due to an attack on several user wallets, resulting in at least one of them losing $8 million.

03.07.2024 11:00 1 min. read Alexander Stefanov

Canadian Crypto Company Bitfarms Reveals Production Increase of Over 20%

Bitfarms, a Canadian Bitcoin mining company, increased its BTC production by 21% in June despite challenges.

03.07.2024 10:00 1 min. read Alexander Stefanov

Token Delistings Have begun Ahead of the Merger of Three Altcoins

The first phase of the token merger initiated by the Artificial Superintelligence Alliance (ASI) began on July 1, involving the integration of SingularityNET’s AGIX and Ocean Protocol’s OCEAN into Fetch.ai’s FET token.

03.07.2024 8:00 1 min. read Alexander Stefanov

Bitcoin Network Fees Dropped 90% – Miners Will Likely Keep Selling

A recent report by Kaiko Research revealed that Bitcoin miners are likely to continue selling their assets due to reduced rewards and plummeting network fees.

03.07.2024 6:00 1 min. read Alexander Stefanov

The German Government Surprised Everyone With Its Latest Bitcoin Purchase

Recently, the German government has been extremely active in selling their Bitcoin tokens.

02.07.2024 20:08 1 min. read Alexander Stefanov

Bahamas Ready to Introduce CBDC in 2 Years

To accelerate the use of the central bank’s digital currency (CBDC), known as the “sand dollar”, The Bahamas has announced a two-year plan to integrate the currency into the operations of commercial banks.

02.07.2024 14:30 2 min. read Alexander Stefanov

Positive Outlook for Cardano’s Price in July

Predicting the exact price movements of cryptocurrencies can be challenging, but historical data can offer some insights.

02.07.2024 11:00 1 min. read Alexander Stefanov

A Publicly Traded US Company Begins Accepting Payments in Shiba Inu

Kronos Advanced Technologies Inc., a leader in air purification technology, will now accept Shiba Inu (SHIB) as a payment method.

02.07.2024 6:30 1 min. read Alexander Stefanov

Binance May Delist 11 New Altcoins

Crypto exchange Binance reviewed 13 altcoins, deciding to remove 2 from the watch list and add 11 new ones.

01.07.2024 15:30 1 min. read Alexander Stefanov

Top Analyst Shares His Forecast for Bitcoin and the Altcoin markets

Renowned analyst Ali Martinez recently shared his views on Bitcoin and the broader cryptocurrency market.

01.07.2024 10:30 1 min. read Alexander Stefanov

Coinbase May Introduce Futures on Shiba Inu Next Month

Coinbase Derivates has filed an application with the Commodity Futures Trading Commission (CFTC) to include futures on Shiba Inu on its platform.

01.07.2024 8:30 2 min. read Alexander Stefanov

Base is Now Ethereum’s Most Used L2, Surpassing Arbitrum

Coinbase’s second-layer scaling protocol, Base Network, has recently surpassed some of its leading competitors, including Arbitrum.

01.07.2024 7:30 1 min. read Alexander Stefanov

Solana Could be the Leader in the Next Crypto Boom

Raul Pal, CEO of Real Vision and a macroeconomic expert, expects Solana (SOL) to be at the forefront of the upcoming expansion of the digital asset market.

30.06.2024 21:00 2 min. read Alexander Stefanov

How Rich is Ethereum Co-Founder Vitalik Buterin?

According to cryptocurrency tracking platform Arkham Intelligence, Ethereum co-founder Vitalik Buterin has an estimated net worth of at least $552.86 million as of January 2024.

30.06.2024 16:00 1 min. read Alexander Stefanov