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Abarajitha T

An English graduate emerging into the crypto world, captivated by its boundless potential and opportunities for innovation and growth.

Posts by Abarajitha T

UNI Token Hits 3 Month High After Uniswap’s Unichain Launch

UNI Token Circulation at 25% Despite Full Unlock

The native token of Uniswap’s UNI was issued and listed in September 2020. The team, investors, advisors, and community treasury received a total of 83% of the allocation, amounting to 8.3 billion tokens. These tokens are subject to a four-year unlocking period. UNI was fully unlocked four years ago, but

September 17, 2024 2 mins read

CFTC Warns Prediction Markets Are Vulnerable to Manipulation

The Commodity Futures Trading Commission (CFTC) has raised serious concerns about the potential for manipulation in prediction markets, particularly in light of recent Kalshi events. In a new filing with the U.S. Court of Appeals for the D.C. Circuit on September 14th, the CFTC argued that these markets, which allow

September 16, 2024 2 mins read
Robert kiyosaki

Robert Kiyosaki Says Neither Trump nor Harris Can Fix the US Debt Crisis

Robert Kiyosaki, the renowned American businessman and author of the bestselling book “Rich Dad Poor Dad”, has recently shared his thoughts on the current U.S. presidential election. Known for his support of Donald Trump, Kiyosaki took to X (formerly Twitter) on September 11 to express concerns about Kamala Harris, the

September 13, 2024 2 mins read
CFTC

CFTC Wins Court Stay Prompting Kalshi to Halt US Election Betting

Commodity Futures Trading Commission (CFTC), has successfully secured an administrative stay in its ongoing legal dispute with Kalshi, a regulated exchange and prediction market based in New York. The conflict began when Kalshi filed a lawsuit against the CFTC at the end of 2023, challenging the regulator’s decision to block

September 13, 2024 2 mins read
US Lawmaker Proposes Unified CFTC SEC Committee for Digital Asset Regulation

US Lawmaker Proposes Unified CFTC SEC Committee for Digital Asset Regulation

Congressman John Rose from Tennessee has introduced a bill aimed at streamlining digital asset oversight through a unified regulatory approach. The proposed legislation, known as the “BRIDGE Digital Assets Act” (also referred to as the “Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act”), seeks to establish

September 13, 2024 2 mins read
CEX.IO Resumes UK Operations After 10 Month Hiatus

CEX.IO Resumes UK Operations After 10 Month Hiatus

After a 10-month suspension, CEX.IO, a prominent centralized crypto exchange, has officially resumed its operations in the UK as of Thursday morning. This development follows the exchange’s alignment with the Financial Conduct Authority (FCA) regulations and its collaboration with Nexo. The temporary halt in October 2023 was in response to

September 12, 2024 2 mins read
Cardano ADA

Cardano ADA Shows Signs of Recovery Amidst Market Volatility

Cardano ADA is showing signs of recovery after a period of decline. The cryptocurrency has rebounded from recent lows and is currently trading with notable bullish momentum. This resurgence comes amidst significant whale activity and shifts in trading volume. Technical indicators and market sentiment suggest that ADA could be on

September 12, 2024 2 mins read
Hong Kong Strengthens Crypto Regulation with New Oversight for OTC Trading

Hong Kong Strengthens Crypto Regulation with New Oversight for OTC Trading

According to an exclusive report from the South China Morning Post (SCMP), Hong Kong is considering involving the Securities and Futures Commission (SFC) and the Customs and Excise Department (C&ED) in regulating over-the-counter (OTC) virtual asset trading services. This initiative comes as the city grapples with the challenges of managing

September 12, 2024 2 mins read
XRP Eyes Key Support Level as Price Dips Amid Overall Market Sell-off

XRP Sees Bullish Signs Amid the Price Dip

According to CoinMarketCap data, XRP is trading at $0.5339 with a slight 0.97% decline. Despite the dip, the chart displays a strong uptrend, supported by a daily trendline, and XRP is nearing its volume-weighted average true range (ATR) band on the four-hour chart. XRP’s market cap stands at $30 billion,

September 11, 2024 2 mins read
Australian Crypto Investors Await Clear Regulations as per Swyftx

Australian Crypto Investors Await Clear Regulations as per Swyftx

Jason Titman, CEO of Australian cryptocurrency exchange CEO, Jason titman Swyftx, has noted that millions of potential crypto investors in Australia are hesitant to enter the market due to unclear regulations. Titman predicts that once the regulatory environment stabilizes, between two to six million Aussies will likely venture into cryptocurrency

September 11, 2024 2 mins read