Michael Lavere

News Reporter

Mike is a financial and cryptocurrency journalist for CryptoGlobe covering the industry since 2017. Mike is an alumnus of the University of North Carolina Chapel Hill.

Articles by Author

Popular YouTuber Andrei Jikh Invested $100,000 in Bitcoin and Ether

Popular YouTube personality and content creator Andrei Jikh says he has already nearly doubled a $100,000 investment into bitcoin and ethereum.

Major Australian Firm Pendal Group Trading Gold for Bitcoin

Major Australian investment firm Pendal Group is reportedly turning to bitcoin investing over gold as client demand for crypto-assets increases.

Institutional Investment in Crypto ‘Skyrocketing’ Says Ripple CEO Brad Garlinghouse

Ripple’s Brad Garlinghouse says institutional investment into cryptocurrency is skyrocketing and pointed to the growing real world uses for bitcoin and XRP.

U.S.-based Users Given 14 Days to Get Off Binance

Cryptocurrency exchange Binance has begun clamping down on US-based clients, giving them fourteen days to transfer their funds away from the platform.

Coinbase Executive Says Institutional Interest in Cryptocurrency Increased Threefold

Coinbase head of institutional coverage Brett Tejpaul says institutional interest in cryptocurrency has grown more than threefold since the beginning of the year.

Crypto Trader Tyler Swope: Don’t Miss on These Two Small-Cap Altcoins

Popular cryptocurrency trader Tyler Swope pointed to Kleros and OctoFi as two small-cap cryptocurrencies for investors to keep an eye.

Some Bitcoin Investor Paid $47,000 to Send $194 in BTC

An anonymous bitcoin user paid $47,000 in fees to send just $194 BTC, joining the growing list of crypto users making costly transaction errors.

Bug or Mistake? Trader Pays $82,000 for One Bitcoin

A random trade on Binance resulted in the purchase of a bitcoin for $82,000, causing the BTC/TUSD to momentarily spike to a new all-time high.

Heavy Stock Correlation Could Crash Bitcoin’s Price by 25-35%: Report

Santiment data analyst Vlad Antonov says the growing correlation between bitcoin and the stock market is concerning for an eventual price crash.

Poker Players Are Cashing out in Bitcoin to Boost Earnings: Report

Poker players and online gamblers are cashing out in bitcoin in order to increase their earnings and potentially circumvent paying taxes.

$35 Billion Asset Management Giant Providing Bitcoin Product to Clients

Mariner Wealth Advisors, which holds $35 billion in assets under management, is allowing clients access to Eaglebrook’s Bitcoin SMA.

Popular Crypto Trader Tyler Swope Gives His List of ‘Moon Picks’

Popular crypto trader Tyler Swope pointed to three altcoins that are set to “moon” in the near future, including Sore Network (XOR) and DeFi Pulse Index.

Crypto Trader Josh Rager Bullish on BTC and ETH, Says DeFi Token YFL Ready to Take Off

Cryptocurrency trader and strategist Josh Rager says DeFi project YF Link is poised to take off, while also being bullish on bitcoin and ethereum following November’s strong performance.

Buying Bitcoin Has Only Been Unprofitable in 10 Days of its History: Report

Bitcoin has now been profitable for all but ten days in its decade long history, with the price approaching its last all-time high near $20,000.

Skype Co-Founder Holds Wealth in Bitcoin and Ethereum

Skype co-founder Jaan Tallinn says he holds most of his personal wealth in bitcoin and ethereum and has made multiple crypto donations to tech-based companies.

South Korean Exchange Foblgate Supporting XRP Flare Spark Airdrop

South Korean exchange Foblgate has announced support for Flare Network’s upcoming fork of XRP which will airdrop spark tokens to holders.

Novogratz’s Galaxy Digital Posts 17% Returns on Bitcoin Funds in Q3 2020

Mike Novogratz’s Galaxy Digital returned 17 percent on its collective Bitcoin Funds, for a total of 125 percent returns year-to-date.

Zeus Capital Offers $100,000 for Dirt on Chainlink in New Class Action Lawsuit

Asset management firm Zeus Capital has offered a $100k reward for dirt on ChainLink, alleging the project engaged in investor fraud and spread misleading information about its partnerships.

Bitcoin ATMs Surge 85% YTD Amidst Growing Adoption

Bitcoin ATM adoption has surged 85 percent in 2020 amidst a general rise in popularity for digital and contactless payments.

Ripple Initiates $46 Million XRP Buyback in Q3

San Francisco-based tech company Ripple has initiated its first buyback of XRP in Q3 2020, purchasing $46 million from the market.

Key Bitcoin Miner Metric Points to Potential Price Dip Ahead

Data from on-chain analytics firm Glassnode shows bitcoin miner to exchange flow has increased substantially over the past 24 hours, indicating a potential selloff ahead.

Ethereum User Accidentally Pays $9,500 Transaction Fee to Send $120

An ethereum user accidentally paid $9,500 in transaction fees to send just $120.  According to a Reddit post published last week, an ethereum user mistakenly typed the wrong transaction fee when attempting to transfer $120, resulting in a payment that cost seventy-nine times as much. Reddit user ProudBitcoiner shared their story of accidentally paying 23.5127 […]

Bitcoin is Heading to $20,000, Says Bloomberg Analyst Mike McGlone

Bloomberg senior strategist Mike McGlone says bitcoin is on pace to surpass its previous all-time high of $20,000 and could go parabolic in 2021.

Wall Street Trading Firm Accumulates $75 Million Crypto Portfolio

Messari researcher Mason Nystrom says Jump Trading has created a crypto-asset portfolio worth more than $75 million, including being the eighth-largest holder of COMP.

Crypto Analyst Says dYdX Airdrop Could Be Bigger Than Uniswap

Crypto analyst Tyler Swope says the upcoming airdrop for decentralized exchange dYdX could be larger than Uniswap’s in September, with the price of UNI skyrocketed to $8.00.

Government Could Might Action if Bitcoin Price Goes Above $100K, Says Former Coinbase CTO

Angel investor and former Coinbase CTO Balaji Srinivasan thinks the U.S. government will be forced to take action against bitcoin if the price continues to gain against the dollar.

Ethereum Creator Vitalik Buterin Sends 3200 ETH to ETH 2.0 Deposit Contract Address

Ethereum creator Vitalik Buterin has sent nearly 1.5 million worth of ether to the ETH 2.0 deposit contract, which went live on Wednesday (November 4). According to GitHub records, the ETH 2.0 deposit contract address is 0x00000000219ab540356cbb839cbe05303d7705fa, and the eth2 Beacon Chain genesis should be taking place in early December (the earliest it will happen […]

Phishing Scam Reportedly Steals Over 1.15 Million XRP From Ledger Wallet Owners

Ledger owners have reportedly lost more than 1,150,000 XRP following a surge in phishing attempts involving the cryptocurrency hardware wallet.  According to XRP Forensics, a massive phishing scam has stolen more than 1.15 million XRP from Ledger users using a fake domain resembling the official website. The Twitter account warned users to pay careful attention […]

Bloomberg TV Anchor ‘Now Bullish on Bitcoin’ After Being a Disbeliever

Bloomberg TV anchor Tracy Alloway says she is now bullish on Bitcoin after previously being a disbeliever in the cryptoasset.  In a newsletter published on November 2, Alloway highlighted her reasons for becoming a Bitcoin supporter: She wrote:  “I have a confession to make: I am now bullish on Bitcoin. I’m bullish on Bitcoin because […]

Bitcoin Lightning Node Operators Prepare for Wave of New Users Following Bull Run

Routing node operators for Bitcoin’s Lightning Network are preparing for a wave of new users as BTC enters a bull run.  Lightning Network (LN), which launched in 2018 as a solution for cheaper and real-time payments, is preparing for an uptick in usage following the most recent Bitcoin price rally. According to a report by […]

Countdown to Ethereum 2.0 Kicks Off With Deposit Contract Launch

Ethereum 2.0’s countdown has officially begun with the release of its deposit contract on November 4; this marked the beginning of the transition to ETH 2. Developer Afri Schoeden committed the mainnet deposit contract address and minimum genesis time to GitHub around 15:00 UTC on November 4: According to GitHub records, the eth2 deposit contract address […]

Will Banks Need to Turn to Bitcoin to Stay Relevant?

Two investment strategists are predicting banks will look to Bitcoin and other cryptoassets as an avenue for staying relevant in the digital age.  During an interview with journalist Laura Shin on episode 197 of the “Unchained” podcast, CoinShares chief strategy officer Meltem Demirors said that she’s receiving inquiries from bank executives in regards to the […]

Ethereum Transaction Fees Fell by 65% in October

Ethereum fees plummeted 65 percent in October alongside a decline in decentralized finance exchange volumes.

Quant Firm Alameda Research Invests in Retail Crypto Trading Bot Platform

Quantitative trading firm Alameda Research has announced a $3 million backing into automated trading bot creator 3Commas.

European Central Bank Floats Possibility of Decentralized Digital Euro

The European Central Bank (ECB) has asked the public to comment on the development of a digital euro, including the use of decentralization.  According to a series of tweets published by ECB President Christine Lagarde, the E.U.’s central bank is looking for feedback on a digital euro. Lagarde said the bank was exploring the possibility […]

Demand for Crypto From Professional Investors Helps Bitwise Cross $100M in AUM

San Francisco-based crypto investment firm Bitwise Asset Management, a leading provider of index and beta funds in the crypto space, has announced that it has managed to achieve over $100 million in in assets under management (AUM). According to Bitwise’s press release, most of the demand has been for one of the world’s first cryptoasset […]

Crypto Exchange Poloniex’s ‘President’ Tokens Predicting Victory for Joe Biden

The markets for crypto exchange Poloniex’s “President” tokens is suggesting that the users buying those tokens are feeling bullish on Joe Biden winning this Tuesday’s U.S. presidential election.  On July 24, Poloniex announced that it had added support for two new digital assets — issued by crypto derivatives exchange FTX — to its Innovation Zone. […]

Italian Airport Employee Accused of Using Airport’s Computers to Mine Ethereum

An Italian airport worker has been caught allegedly using the facility’s computer systems to mine Ethereum.  According to a report by Italian media outlet Rai News, a 41-year old technician in the city of Lamezia Terme was caught allegedly putting mining malware on the airport’s computer systems. The report claims the staffer put the security […]

Ripple CTO David Schwartz Outlines Hurdles for XRP

Ripple’s chief technology officer (CTO), David Schwartz, took to Twitter to outline the obstacles XRP faces in order to gain mainstream adoption.  In a series of tweets published on October 28, Schwartz responded to questions posed by the Ripple community over the development of XRP moving forward. Schwartz, who is one of the original architects […]

$2 Billion BTC Now on Ethereum’s Blockchain

More than $2 billion in bitcoin is now locked in smart contracts and DeFi protocols on ethereum’s network, with the majority swapped for Wrapped BTC.

Number of BTC Wallets Seems to Suggest Increasing Interest From Retail Investors

Data from analytics firm Glassnode shows the number of bitcoin wallets holding at least $10 has reached an all-time high, indicating an increased presence of retail investors.

Former PBoC Governor: Digital Yuan Will Fight ‘Dollarization’ of Chinese Economy

The former head of the People’s Bank of China said the digital yuan would combat “dollarization” of the country’s economy.

Crypto Volatility Scares Away Potential Users, Says MasterCard CEO

Mastercard CEO Ajay Banga says bitcoin’s volatility is scaring away potential users and limits its use as a tool for the unbanked.

John McAfee Continues to Shill Cryptoassets From Behind Bars

John McAfee published an update from his cell in a Spanish prison, shilling the project $GHOST as a stablecoin that will revolutionize crypto stransactions.

BlockFi Holds Over 5% of Shares in Grayscale’s Bitcoin Trust

Crypto lending firm BlockFi has announced a 5 percent stake in Grayscale’s Bitcoin Trust, according to a new SEC filing.

Bitcoin Price Pattern Mirroring Earlier Exponential Rallies: Report

Market Insights firm Nautilus Research says bitcoin is displaying price patterns that have historically been associated with a massive price breakout.

Abra’s CEO Calls Cash ‘Worthless,’ Holds 50% of Portfolio in Bitcoin

Abra’s CEO Bill Barhydt says he has increased his position in bitcoin to 50 percent of his portfolio after noting that cash is becoming worthless.

Monero Up 200% Year-to-Date, Hits 2-Year High Amidst Regulatory Concerns

Privacy-focused cryptocurrency Monero is up 200 percent year-to-date after reaching a 2-year price high on October 26.

Comedian Kevin Hart Gives Shoutout to Crypto ‘Voodoo’ Money at Charity Event

Comedian Kevin Hart gave a shoutout to crypto “voodoo” money during a recent fundraiser telethon for Muscular Dystrophy.

Luxury Watchmaker Breitling Partnering to Offer Digital Certificates on Ethereum

Luxury watchmaker Breitling is partnering with blockchain solutions company Arianee to issue digital certificates for its timepieces.

Ripple Board Member Arrested on Cyberstalking Charges

Ripple board member Ken Kurson is being held in federal custody after being arrested for charges related to cyberstalking.

Ethereum DEX Volumes Plummet Following Drop in DeFi Incentives

Decentralized exchange (DEX) volume on ethereum’s network has plummeted over the last month, coinciding with a decline in incentives for DeFi products.

Villanova Sending Ethereum into Space to Test Sattelite Communication

Villanova University’s College of Engineering is sending a private ethereum blockchain into space to test its impact on inter-satellite communication.

Novogratz: Banking Industry in Race to Launch Bitcoin and Crypto Services

Galaxy Digital’s Mike Novogratz predicts banks will soon be in a race to offer cryptocurrency services following PayPal’s massive announcement to get involved in crypto.

Active Bitcoin Addresses Reach 2017s High When Price Was Near $20,000

Active addresses on bitcoin’s network have reached their highest point since December 2017, when the price of BTC was trading for $20K.

Raoul Pal: Microsoft and Apple Will Buy Bitcoin Within Five Years

Real Vision CEO Raoul Pal predicted that tech giants like Microsoft and Apple would invest in bitcoin within the next five years to escape the devaluation of fiat.

Crypto Card Game Splinterlands Announces Support for Brave’s Basic Attention (BAT) Token

Cryptocurrency card game Splinterlands has announced support for privacy-centric Brave browser’s Basic Attention Token (BAT).

Bitcoin Could Close Month on Second Highest Level in History, Peter Brandt Says

Veteran trader Peter Brandt says bitcoin is on pace to close the month at its second-highest level in history, following the announcement by PayPal to provide support for crypto.

UK Cooperative CEO Calls New R3 Corda Network ‘Next-Generation Bitcoin’

Cordite Society Limited CEO Richard Crook calls the new R3 Corda network “next-generation bitcoin” and says the XDC token will improve upon early-generation crypto-assets.