Binance Research's latest cycle analysis covers U.S. midterm election years going back to 1939 for equities and across all three Bitcoin midterm cycles on record.
Alexander Stefanov
Editor-in-Chief
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
Latest articles by Alexander Stefanov
On March 11, 2026, the Securities and Exchange Commission and the Commodity Futures Trading Commission signed a Memorandum of Understanding (MOU) that formally ends what SEC Chairman Paul Atkins called decades of "regulatory turf wars."
The Federal Deposit Insurance Corporation is drawing a hard line between traditional banking and digital assets. On March 11, 2026, FDIC Chairman Travis Hill announced a proposed rule that would formally exclude payment stablecoins from all federal deposit insurance.
Stani Kulechov, founder of the Aave protocol, is pushing for a structural overhaul of how decentralized autonomous organizations govern themselves - and the timing is no coincidence.
Foundry Digital, a subsidiary of Digital Currency Group (DCG) and operator of the largest Bitcoin mining pool in the world, announced it will launch an institutional-grade Zcash (ZEC) mining pool in April 2026.
Australia's financial regulator is drawing a hard line on how the crypto industry should be governed — and it has little patience for firms trying to use technological jargon to sidestep existing rules.
A French couple in their late 50s was robbed of nearly one million euros in Bitcoin after three armed men forced their way into their home in Le Chesnay-Rocquencourt, a quiet suburb near Versailles, in a calculated act of physical extortion that is becoming disturbingly routine in France.
Bitwise Asset Management's Chief Investment Officer Matt Hougan has laid out a detailed - and deliberately provocative - case for Bitcoin reaching $1 million per coin.
The amount of Ethereum sitting on exchanges just hit a multi-year low. At 12% of total supply, ETH is being steadily pulled off trading platforms and into self-custody wallets, staking contracts, and cold storage.
Mastercard has formally expanded its Crypto Partner Program to more than 85 companies, pulling together some of the biggest names in both traditional finance and the blockchain industry - Binance, PayPal, Ripple, JPMorgan Chase, Coinbase, Stripe, and others - in what amounts to one of the most coordinated efforts yet to wire crypto into the everyday payment infrastructure consumers already use.
Goldman Sachs has emerged as the dominant institutional player in the nascent spot XRP ETF market, holding roughly $153.8 million in exposure as of its Q4 2025 13F filing - a position that dwarfs every other disclosed institution in the space.
The financial system wasn't built for machines. That's becoming a problem. As autonomous AI agents move from experimental tools to active economic participants, a structural mismatch is emerging: the infrastructure powering global finance - correspondent banking, card networks, ACH transfers - operates on timelines and fee structures designed for humans.
