Adam Back’s bid to take a major Bitcoin treasury company public with 30,021 BTC has formally collapsed, scrubbing the proposed listing, private placements, and multi-billion-dollar capital structure in one fell swoop.
Alexander Zdravkov
Journalist
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
Latest articles by Alexander Zdravkov
Hyperscale Data sold approximately 686 BTC for $43.4 million in August and used part of the proceeds to repay all outstanding loans on the Morpho decentralized-finance protocol.
Ethereum gained about 8% on August 19, reclaiming $2,000 and trading near $2,064 at 15:30 UTC.
China’s central bank has added eight lenders to its digital-yuan network, raising the number of authorised e-CNY operators to 30. The number matters, but the mix of banks matters more.
Federal prosecutors say Edward Zimbardi was deported from Fiji to face charges tied to The Crypto Program, which allegedly drew more than $165 million from investors.
BitMart founder Sheldon Lee says its Chinese-language X account was compromised, but his public responses leave unanswered questions about individual withdrawal requests during the exchange’s wind-down.
Austria’s Financial Market Authority (FMA) has fined Bitpanda GmbH €70,000 for breaches of the EU’s Markets in Crypto-Assets Regulation, known as MiCA.
Dogecoin is holding a narrow range near $0.07, its weakest price since November 2023. A rare on-chain reading points to undervaluation, but price has not confirmed a reversal.
Galaxy Research now gives the CLARITY Act only a 10% chance of becoming law in 2026. Galaxy is not arguing that the bill has become worse. The problem is that its Senate coalition remains incomplete and the work left to pass it may no longer fit into the calendar.
World Liberty Financial is closer to moving the infrastructure behind USD1 into a related federally supervised trust company, but the bank is not ready to open.
Binance will restrict transactions involving 11 crypto platforms, including HTX and EXMO, from August 23 as new European Union sanctions measures take effect.
US producer prices came in below expectations in July, giving markets another relatively soft inflation reading one day after CPI also moved lower.
