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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

Bitcoin (BTC) Price Level Consolidates Below $30K Level

Famous Analyst Warns Followers of Massive Drop in Bitcoin (BTC) Prices

The crypto market’s overall valuation fell back below $2 trillion on Saturday. Bitcoin is down 0.84% in the last 24 hours. There were several significant liquidations in the market due to Bitcoin’s (BTC) sudden fall from its 2022 high. This year witnessed the largest liquidation of long holdings, which had

April 9, 2022 1 min read
Crypto Revolution Dominating Conventional Banks as per Cathie Wood

Crypto Revolution Dominating Conventional Banks as per Cathie Wood

Over $101 million in long bets were liquidated on Wednesday. According to Wood’s firm, it is still expected that bitcoin will reach $1 million by 2030. Cathie Wood, CEO of Ark Invest, warned that banks may now be experiencing the effects of the cryptocurrency revolution. A well-known proponent of risky

April 9, 2022 1 min read
Bitcoin (BTC) Price Level Consolidates Below $30K Level

Crypto Industry Experts Optimistic of Bitcoin (BTC) Prices Sky Rocketing

Strike’s goal is to broaden the use of Bitcoin (BTC-USD) as a medium of exchange.  In 2021, the cumulative number of bitcoin transfers climbed by 463%. March’s incredible BTC rally ended with a minor correction before the commencement of the Bitcoin 2022 conference in Miami. A notable crypto trading expert,

April 8, 2022 1 min read
Ripple's Defense Lawyer Says Huge Win Following Rejection of SEC's Motion

SEC Ordered To Provide Proposed Redaction by Court in Ripple Case

The SEC has not made a public announcement on the mechanism of recording notes. The notes do not include any interactions between the attorney and client. April is shaping up to be a pivotal month in the Ripple vs. SEC litigation, as many had predicted. Concerning handwritten notes, Judge Sarah

April 6, 2022 2 mins read
Chinese Officials Unearth $1.7B Money Laundering in Crypto

Inverse Finance Loses $14.6M After a Successful Multi-Million Dollar Hack

Hackers used INV as collateral to get loans and deplete the protocol.  Inverse Finance is powered by the Ethereum token Inverse Finance (INV). Ethereum’s newest protocol, Inverse Finance, has just been the victim of a multi-million dollar attack. An attack took advantage of Inverse Finance, a stablecoin system that focuses

April 2, 2022 1 min read
Capital Firm Andreessen Horowitz Announces $4.5 Billion Crypto Fund

Bitcoin and Ethereum Achieved Largest Profit Transactions as per Santiment

BTC and ETH had achieved their most significant profit transactions since November 1. Interest in BTC and ETH is increasing at the present levels. According to on-chain statistics from Santiment, Bitcoin (BTC) and Ethereum (ETH) have seen their most significant profit transactions since their all-time high (ATH) price in November.

April 1, 2022 1 min read
Bitcoin (BTC) Price Rebounds But Investors Still Not Optimistic

Bitcoin Could Be Worth $4.8M as per Investment Firm VanEck

Higher expectations came from Investopedia’s M2 evaluation. A significantly higher and less specific $105,000 per ounce of gold is predicted by M2. The American financial company VanEck estimates that if Bitcoin becomes the world’s reserve currency, it could be worth $4.8 million per coin. VanEck feels the Chinese Yuan is

April 1, 2022 1 min read
Binance Airdrops Terra (LUNA) To LUNC & USTC Holders

Terra Now Holds 30,727 Bitcoin (BTC) After Recent Additions

The price of Bitcoin is projected to rise dramatically due to Terra’s plan. The business intends to surpass Satoshi Nakamoto’s holdings in bitcoins at some point. More than $139 million worth of Bitcoins has apparently been purchased by Terra lately. Terraform Labs Co-Founder, and CEO Do Kwon recently made public

March 31, 2022 1 min read
Cryptocurrency Price is Driven by Supply and Demand

Cryptocurrency Price is Driven by Multiple Factors Including Supply and Demand

When people become aware of a project or its benefits, demand rises. A growth in crypto adoption as an investment likewise raises demand. As with any other product, the value of a cryptocurrency is determined by supply and demand. The price rises as demand outpace supply.  Each cryptocurrency project exposes

March 27, 2022 2 mins read
Meme Coins Making a Comeback in 2022 With Recent Developments

Meme Coins Making a Comeback in 2022 With Recent Developments

Over 230 million SHIB tokens have been burnt in the last few days. So far, around 41% of SHIB’s original supply has been burned. Since yesterday, the price of Dogecoin has been rising. While rallies like these are typical for meme coins, they have a clear rationale. After announcing that

March 26, 2022 1 min read
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