Macro investor Raoul Pal has a clear answer to the question hanging over the market: this isn't the end of the crypto cycle, it's the middle of it.
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
Binance is winding down its crypto services across the European Union from July 1, 2026, after failing to secure the license it needs to keep operating in the bloc.
Bitcoin and Ethereum are clawing back ground after a brutal session. BTC has bounced to $61,742 from a low of $59,010, and ETH sits at $1,652 after touching $1,550. The recovery is real, but it's happening against a backdrop of $1 billion in liquidations over 24 hours, one of the three largest liquidation events of the past 90 days.
Bitcoin has broken below $61,000, trading around $60,890 at the time of writing, down 2.25% on the day and 6.24% on the week.
BlackRock, the world's largest asset manager is pointing institutional allocators toward a modest 1-2% Bitcoin position.
Deutsche Bank argues Bitcoin has finished its transition from a retail speculation vehicle into an institutional risk asset, and that this very shift explains why the current drawdown is unfolding the way it is.
Glassnode's altcoin season signal is flashing 86, well into altcoin-season territory, but there's a disconnect between that number and what's actually happening to alt prices, and a second indicator tells a very different story.
Hyperliquid's core perpetuals business has roughly halved since its peak. But underneath that cooldown, a different kind of trading is quietly growing on the very same infrastructure.
The Bank of England has revised its proposed rules for systemic stablecoins, dropping the individual holding limits it floated last year in favor of a cap on how much any single stablecoin can issue.
Bitget is trying to remove the wall between crypto wallets and the US stock market, and the way it is doing so is the part worth examining.
A Japanese pension fund serving small and mid-size businesses plans to move about 1% of its assets into crypto next fiscal year, a small allocation in dollar terms but a notable step for one of the most conservative corners of finance.
A spike in Ethereum leaving Binance has raised the question of whether smart money is quietly building a floor under ETH at a key support level.
