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Abdul

An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.

Posts by Abdul

Famed Investor Michael Burry Warns of Upcoming Recession

Famed Investor Michael Burry Warns of Upcoming Recession

Burry highlights the deteriorating situation in the white-collar workforce. The Fed has used the robustness of the job market to allay recession concerns. Inflation has devastated economies throughout the world. The macroeconomic situation will deteriorate as predicted by Michael Burry, an experienced investor and the founder of Scion Capital. Burry

September 26, 2022 1 min read
Senator Elizabeth Warren Criticizes Crypto for Promoting Illicit Finance

California Governor Vetoes Crypto Regulation Bill

Despite having until September 30th to make a choice, Newsom vetoed the legislation. Newsom thinks his study has to be taken into account before a licensing framework. Assembly Measure 2269, a crypto oversight bill, has been vetoed by California Governor Gavin Newsom. A unique license from the California Department of

September 25, 2022 2 mins read
Bitget Registers in Africa To Boost Global Development

Bitcoin HODL Reaches 5-year High Despite Bears Dominance

Since the beginning of 2017, a total of 7,495,059.588 BTC have been held in ‘HODL’.  Expert cautioned investors to hold off on buying BTC at the present time. As Bitcoin struggles to make a meaningful positive move this year, the cryptocurrency markets are putting investors to the test. It has

September 25, 2022 1 min read
DBS Bank Expands Crypto Services Access to Customers

DBS Bank Expands Crypto Services Access to Customers

The DBS Digital Exchange, a platform for members exclusively, has increased its crypto trading service access. The bank announced the growth on Friday, citing an increase in the number of customers. Who choose self-directed investing strategies as the reason for the move. Assuming a minimum commitment of $500, this service

September 23, 2022 1 min read
United Kingdom Proposes Bill For Easy Crypto Seizures

United Kingdom Proposes Bill For Easy Crypto Seizures

 In June, the Met was able to confiscate a total of $158.0 million. Particularly enthusiastic about crypto adoption was the previous British government. To combat cybercrime, money laundering, and “foreign kleptocrats,” the Economic Crime and Corporate Transparency Bill was tabled in the United Kingdom’s parliament on Wednesday to strengthen police

September 23, 2022 1 min read
Russian President Proposes New Digital Payment System

Russia To Legalize Crypto For Cross Border Payments

The Russian Ministry of Finance and its central bank have agreed on a proposed law. Crypto mining should be restricted to areas with plenty of available electricity. According to a report from the Russian news agency Tass. The Russian Ministry of Finance and its central bank have agreed on a

September 22, 2022 2 mins read
Top Exchanges Extend Support to Cardano Vasil Hard Fork

Top Exchanges Extend Support to Cardano Vasil Hard Fork

The Plutus V2 Cost Model network upgrade will also be implemented. Binance has also expressed its support of the upgrade. The long-awaited Vasil update for Cardano (ADA) is almost here. Everything that has to be checked off in order to proceed with the update has been accomplished. The Vasil update

September 22, 2022 1 min read
Ripple Defendants Allege SEC Attempting Deliberate Delay

Ripple Defendants Allege SEC Attempting Deliberate Delay

According to the letter, the commission is making yet another effort to put off dealing. John Deaton said that the SEC has sparked a debate by bringing in foreign exchange. The US Securities and Exchange Commission (SEC) is actively expanding its authority over the digital asset. Sector by initiating various

September 21, 2022 2 mins read
Crypto Exchange Binance Plans Two New Offices in Brazil

Crypto Exchange Binance Plans Two New Offices in Brazil

Employees would have the option of doing their jobs from home or these locations. The firm stated in March that it will acquire Sim;paul Investimentos. The global cryptocurrency exchange community is increasingly focusing on Latin American nations like Brazil as a result of the region’s robust cryptocurrency market. Binance, the

September 21, 2022 2 mins read
Bitget Registers in Africa To Boost Global Development

Colorado Now Accepts Cryptocurrencies For Tax Payments

There are extra costs add to the payments for using the platform. The announcement that Colorado will begin accepting crypto was made in February. The crypto sector has made great strides in the last two years. Ideas underpinning cryptocurrencies have been around for much longer. Moreover, the asset class has

September 20, 2022 1 min read