Author Kosta Gushterov

USDT Supply on Crypto Exchanges Has Reached a Record Level – What Is the Reason?

As of August 13, Tether (USDT) balances on crypto exchanges reached a record high of $20.339 billion, signaling that investors may be preparing to channel them into other cryptocurrencies ahead of the U.S. Federal Reserve’s upcoming interest rate decision in September.

14.08.2024 21:30 1 min. read Kosta Gushterov

SEC to Presumably Take Enforcement Action Against Large Asset Manager

WisdomTree Asset Management recently received a “Wells” notice from the U.S. Securities and Exchange Commission (SEC) regarding three of its ETFs focused on environmental, social, and governance (ESG) criteria.

14.08.2024 10:30 1 min. read Kosta Gushterov

Grayscale’s Ethereum ETF Outflows Declined – How Did Bitcoin ETFs Fare?

On August 12, spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net inflows of just $27.8 million.

13.08.2024 12:35 1 min. read Kosta Gushterov

AI Innovations Reshaping the Casino Industry in 2024

The casino industry is on the brink of a technological revolution. Artificial intelligence (AI) is poised to transform how casinos operate, enhancing both customer experience and operational efficiency. As we look ahead to 2024, these innovations are set to redefine the gaming landscape across the.

11.08.2024 10:12 3 min. read Kosta Gushterov

US Crypto ETFs Saw Combined Outflows of Over $105 Million

Spot Bitcoin exchange-traded funds (ETFs) in the U.S. recorded net outflows of $89.7 million on August 9, after attracting just over $194 million the day before.

10.08.2024 14:00 1 min. read Kosta Gushterov

OKX Can Freeze Your Funds if You Send Them to This Crypto Platform

OKX CEO Star Xu has warned users about the risks surrounding the sanctioned crypto mixer Tornado Cash.

10.08.2024 9:00 1 min. read Kosta Gushterov

Virtual Banks May be a Better Service Option for Web3 Companies

Hong Kong’s virtual banks are at a pivotal moment, currently holding just 0.3% of all retail banks’ assets and occupying a negligible share of the financial market.

09.08.2024 20:30 1 min. read Kosta Gushterov

Elon Musk’s X With an Important Solution for Consumer Data in Europe

Elon Musk-owned platform X has agreed to stop collecting and processing user data in the European Union (EU).

09.08.2024 19:30 1 min. read Kosta Gushterov

Metaplanet Shares Skyrocket After Bitcoin Purchase Announcement

An investment company plans to obtain a 1 billion yen loan, equivalent to $6.8 million, to bolster its Bitcoin holdings, according to an August 8 announcement.

09.08.2024 11:00 1 min. read Kosta Gushterov

Institutional Investors are Still Optimistic About Bitcoin

Recent insights from Matthew Sigel, who leads Digital Assets Research at VanEck, and J.P. Morgan, shed light on why institutional investors are still optimistic about Bitcoin.

09.08.2024 10:30 2 min. read Kosta Gushterov

Bitcoin ETFs Record Positive Inflows – What’s Happening With Ethereum ETFs?

Spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. recorded net inflows of $194.6 million on Tuesday, reversing Monday’s outflows.

09.08.2024 10:22 1 min. read Kosta Gushterov

Putin Officially Legalized Cryptocurrency Mining in Russia

Russian President Vladimir Putin has signed a law that legalizes cryptocurrency mining in Russia.

08.08.2024 17:33 1 min. read Kosta Gushterov

Binance Finally Lists Toncoin (TON) – Price Jumps 10%

Binance, the world’s largest cryptocurrency exchange, has officially listed Toncoin (TON) for spot trading, leading to a significant price surge of over 10%.

08.08.2024 13:10 1 min. read Kosta Gushterov

Court Orders FTX and Alameda to Pay $12.7 Billion to Creditors

The defunct crypto exchange FTX and trading company Alameda Research have been ordered to pay $12.7 billion to creditors, according to a recent ruling by U.S. District Judge Peter Castell in New York.

08.08.2024 11:32 1 min. read Kosta Gushterov

Hong Kong Virtual Bank Launches Trading With Crypto ETFs

Hong Kong-based virtual bank Mox has introduced crypto exchange-traded funds (ETFs) trading for its clients and is considering a future expansion of spot trading markets.

07.08.2024 21:00 2 min. read Kosta Gushterov

BREAKING: Top U.S. Bank to Allow Consultants to Promote Bitcoin ETF

A few days ago, Bloomberg reported that Morgan Stanley will enable thousands of its financial advisors to start recommending spot Bitcoin exchange-traded funds (ETFs) to clients in the near future.

07.08.2024 15:11 1 min. read Kosta Gushterov

Big Crypto Company Advises Buying Bitcoin and Ethereum – Here is Why

While the sharp decline in Bitcoin and global markets has made investors cautious, QCP Capital, a Singapore-based cryptocurrency trading company, predicts a new outlook.

07.08.2024 13:00 1 min. read Kosta Gushterov

Here’s How U.S. Crypto ETFs Performed on Aug. 6 After The Market Crash.

Spot Bitcoin exchange-traded funds in the U.S. recorded net outflows of $148.5 million on Tuesday, continuing Monday’s outflows.

07.08.2024 11:13 1 min. read Kosta Gushterov

Japan’s Stock Market Started to Recover After Yesterday’s Crash

Japan’s key Nikkei 225 index rallied more than 10 percent early Tuesday, after its biggest drop in 37 years the previous day.

06.08.2024 12:45 2 min. read Kosta Gushterov

How Did Bitcoin ETFs Perform During Yesterday’s “Carnage”?

After August 5, one of the worst days for both crypto and stock markets, many investors chose to move away from risky assets, which affected Bitcoin ETFs in the US.

06.08.2024 12:14 1 min. read Kosta Gushterov

Ethereum ETFs Registered Positive Inflows After the Recent Price Decline

Spot Ethereum ETFs in the United States started the week on a positive note despite Monday’s market decline that saw the ETH price fall below $2,200.

06.08.2024 11:35 1 min. read Kosta Gushterov

Crypto Market Slump Has Left Traders With Millions of Dollars in Losses

The cryptocurrency market has recently experienced a significant downturn, resulting in large losses for many investors.

05.08.2024 12:36 1 min. read Kosta Gushterov

Crypto Market Faces Liquidations of Over $1 Billion in Last 24 Hours

Over the past 24 hours, over $1 billion worth of crypto futures were liquidated as the market decline intensified on Sunday and continued into Monday.

05.08.2024 10:22 1 min. read Kosta Gushterov

Robinhood Halted 24-Hour Trading In Response to Market Volatility

Robinhood has suspended its 24-hour trading feature in response to increased market volatility.

05.08.2024 10:15 1 min. read Kosta Gushterov

The Japanese Stock Market Faces Its Biggest Losses Since 1987

Concerns about the state of the U.S. economy are having an impact on the Japanese stock market and stock indices in Asia.

05.08.2024 10:04 2 min. read Kosta Gushterov

Recession Fears Grow; Market Wipes Out Nearly $3 Trillion in 1 Day

Financial analysts say fears of a global recession have risen after a dramatic $2.9 trillion drop in stock market values.

05.08.2024 9:56 1 min. read Kosta Gushterov

Will The Next Housing Market Crash Surpass That of 2008?

In the real estate sector, the term “housing crash” is causing concern among homeowners, investors, and financial experts. 

05.08.2024 9:49 2 min. read Kosta Gushterov

Bitcoin Fell Below $53,000 And Does Not Stop With The Losses

The cryptocurrency market dropped significantly on Sunday, with investors selling risky assets.

05.08.2024 8:10 1 min. read Kosta Gushterov

The Risks of Investing in Bitcoin May Still Be Worth it

The price of Bitcoin (BTC) has roughly doubled in the past year and continues to offer an attractive risk-return ratio for investors, according to a chain indicator that predicted bullish growth in early 2023.

03.08.2024 15:00 1 min. read Kosta Gushterov

FBI Issues a Major Warning to the Crypto Sector

The FBI has issued a warning about scammers posing as crypto exchange employees to steal users’ funds.

03.08.2024 12:00 1 min. read Kosta Gushterov

Bitcoin Developer Expresses Concern About Current State of Community

Bitcoin core developer Luka Dashjr expressed concern about the current state of the Bitcoin community, comparing it to the situation seven years ago during the Segwit update.

02.08.2024 21:00 1 min. read Kosta Gushterov

Here is Why We Can Expect Bitcoin’s Price to Skyrocked, According to Analyst

Popular crypto analyst Willy Wu has predicted that Bitcoin (BTC) could potentially rise over 975% from its current price.

02.08.2024 19:30 1 min. read Kosta Gushterov

Ethereum ETFs Entered August With Positive Results

U.S. based spot Ethereum (ETH) exchange traded funds (ETFs) posted positive results on Aug. 1, although Grayscale’s ETHE saw outflows equal to $78 million for the day.

02.08.2024 11:15 1 min. read Kosta Gushterov

Bitcoin Could Hit $2.9 Million by 2050 – VanEck

Analysts at VanEck, a leading investment management firm and issuer of crypto ETFs, predict that the price of Bitcoin (BTC) could rise to $2.9 million by 2050.

01.08.2024 20:00 2 min. read Kosta Gushterov

Hong Kong’s Largest Online Broker Introduces Retail Bitcoin Trading

Futu Securities, Hong Kong’s largest online broker, has introduced retail Bitcoin (BTC) trading on its platform.

01.08.2024 15:05 1 min. read Kosta Gushterov

Man Utd Partners with Tezos for New Web3 Football Game

Manchester United unveiled a Web3 football game called “Fantasy United” in the Tezos blockchain for the 2024/2025 season.

01.08.2024 13:00 1 min. read Kosta Gushterov

Ethereum ETFs Returned to Negative Results

On July 31, U.S. Ethereum ETFs returned to negative results with net outflows of $77.2 million, after registering only their second day of positive inflows since inception on July 30.

01.08.2024 10:21 1 min. read Kosta Gushterov

Ethereum ETFs Reversed the Trend, Registering Over $100 million in Inflows

For the second time since their launch, spot Etherium (ETH) exchange traded funds saw net positive inflows.

31.07.2024 17:41 1 min. read Kosta Gushterov

Is XRP Set to Surge to $1? According to This Chart it is Possible

A crypto analyst has identified a bullish pattern on the daily chart of XRP that indicates potential significant price gains.

31.07.2024 11:00 1 min. read Kosta Gushterov

XRP Registers Gains Despite Negative Crypto Market Results

After a fairly long period of trading in a relatively narrow range, XRP appears to be defying the mostly negative results of the broader crypto market by registering gains over the past day.

31.07.2024 10:39 1 min. read Kosta Gushterov

Ripple Announces New Blockchain Partnership in Brazil

Ripple has announced its participation in Fenasbac’s upcoming blockchain accelerator program known as Next.

31.07.2024 10:00 2 min. read Kosta Gushterov

Goldman Sachs CEO Calls Bitcoin Speculative, But Firm Expands Crypto Activities

David Solomon, CEO of Goldman Sachs, remains cautious about Bitcoin and other cryptocurrencies, describing them as speculative investments with no clear use.

30.07.2024 21:45 1 min. read Kosta Gushterov

Decentralized Exchanges Reached a New Record in July

Decentralized exchanges (DEX) achieved a record market share of 14.22%, surpassing Centralized Exchanges (CEX) in monthly trading volume, thanks to Uniswap.

30.07.2024 17:00 1 min. read Kosta Gushterov

Here’s How Ethereum ETFs Performed in Their First Week

On July 29, U.S. ethereum ETFs saw net outflows of $983 million, the fourth consecutive day of negative results.

30.07.2024 11:22 1 min. read Kosta Gushterov

Why is Bitcoin (BTC) Back to $67,000?

Bitcoin (BTC) headed toward the $66,000 mark early Tuesday, erasing last week’s gains that reached the $70,000 mark.

30.07.2024 10:57 1 min. read Kosta Gushterov

Which Are The Best Performing Cryptocurrencies from Top 100 Today?

The recent market recovery has sparked optimism among cryptocurrency investors, with some altcoins registering significant gains.

29.07.2024 15:05 2 min. read Kosta Gushterov

Sales of NFTs Hit 9-month Low – Is There Room For Concern?

Non-fungible tokens (NFTs) are facing their lowest monthly sales volume since November 2023, with July 29 data showing a monthly volume of $393 million.

29.07.2024 14:00 1 min. read Kosta Gushterov

Bitcoin: This Index Reached a 16-Month High – Are New Gains Expected?

Bitcoin’s (BTC) recent price spike has changed trader sentiment to levels not seen in 16 months, according to data tracking positive and negative comments on social media.

28.07.2024 15:00 1 min. read Kosta Gushterov

The US Will be The Crypto Capital of The Planet And The World’s Bitcoin Superpower – Donald Trump

The moment most crypto investors have eagirly awaited this past few weeks – Donald Trump’s keynote speech during the 2024 Bitcoin conference in Nashville, USA. At the end of the article you can follow the live coverage!

28.07.2024 0:02 1 min. read Kosta Gushterov

WazirX Introduces Recovery Plan After $230 Million Loss

Following a cyberattack that led to the theft of around $230 million, Indian cryptocurrency exchange WazirX has introduced a transparent and fair strategy to recover users’ funds.

27.07.2024 22:00 2 min. read Kosta Gushterov

Kamala Harris Has Secured Endorsement From Barack Obama for the Presidential Race

Former US President Barack Obama and his wife Michelle Obama have expressed their support for Kamala Harris in a joint statement, highlighting her vision, character and strength needed at this crucial time.

27.07.2024 11:30 1 min. read Kosta Gushterov

Binance Announced an Important Update for One Popular Altcoin

Binance, the world’s largest cryptocurrency exchange, has officially completed the token exchange and rebranding of Render (RNDR) to Render (RENDER).

27.07.2024 9:00 1 min. read Kosta Gushterov

Elon Musk’s X Removed Bitcoin and Crypto Emojis

Emojis that automatically appeared with hashtags for Bitcoin and other cryptocurrencies are no longer visible on the Elon Musk-owned social platform X.

26.07.2024 19:00 1 min. read Kosta Gushterov

Another State in America Unveils Investment in Bitcoin ETF

Rapidly evolving blockchain technology and growing interest in cryptocurrencies are beginning to have a significant impact on the financial strategies of public institutions.

26.07.2024 18:15 1 min. read Kosta Gushterov

Bitcoin ETFs in the US Slow Down Their Inflows

After U.S.-based spot Bitcoin exchange traded funds (ETFs) saw their highest inflows since June 4 on Monday (July 22), momentum slowed toward the end of the week.

26.07.2024 15:00 1 min. read Kosta Gushterov

Dogecoin Could Reach a New All-Time High According to Historical Trends

According to a crypto analyst known as Kaleo, Dogecoin (DOGE) is replicating pricing patterns of the past, which could send the meme coin to a new all-time high, shooting up 706% to 1,512% from its current value.

26.07.2024 13:30 1 min. read Kosta Gushterov

US Should Hold as Much Bitcoin as Gold – Robert Kennedy Jr.

Robert Kennedy Jr., pro-Bitcoin presidential candidate, has reaffirmed his commitment to support BTC if elected.

26.07.2024 10:37 1 min. read Kosta Gushterov

Ethereum ETFs Registered a Second Consecutive Day of Negative Results

After the US-based spot Etherium ETFs registered an outflow of $133.3 million on their second day of trading, they continued their negative performance on July 25.

26.07.2024 9:49 1 min. read Kosta Gushterov

Interest Rates Should be Cut Immediately, According to a Former President of the New York Fed

Bill Dudley, the former president of the Federal Reserve Bank of New York, reversed his position, advocating an immediate cut in interest rates instead of keeping them higher for an extended period.

25.07.2024 22:00 2 min. read Kosta Gushterov