Thu, November 28
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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

Cryptocurrency Tax in India for Certain Transactions Likely To Be Exempted

Indian Prime Minister-Modi Lends Support to Cryptocurrencies

The Modi administration is considering legislation to regulate their use. The Bill will be presented to the Indian Parliament for consideration. United States President Joe Biden hosted a two-day virtual “Summit for Democracy” on December 9-10, drawing representatives from over 110 countries. China on Thursday accused the United States of

December 12, 2021 1 min read
Authtrail Sets Sail with $3.6M Fundings

Could Syscoin’s Smart-Contract Chain Launch Mark a Turning Point for Ethereum?

Upon reaching its 1,317,500 block, Syscoin has announced that Phase 1 has officially completed, making the launch of their smart-contract chain.  ”Syscoin will utilize the best features of the top two cryptocurrencies, namely Bitcoin and Ethereum. Hence, Syscoin will provide the security offered by Bitcoin while maintaining the programmability of

December 6, 2021 2 mins read
Bank of America's Digital Asset Analyst Predicts Solana to Dominate Similar to Visa

Why Solana is the Most Sought After Crypto This Year? Find Out!

Currently, Solana hosts around 350 projects. The non-fungible token (NFT) market is Solana’s recent hot topic. Investors are intrigued by Solana for several reasons. Investors are very excited about cryptocurrency’s success so far this year. Moreover, blockchain technology by Solana is unique. A hybrid proof-of-stake and proof-of-history consensus procedure are

December 4, 2021 1 min read
Total Stablecoin Supply Surpasses $150 Billion in November

Total Stablecoin Supply Surpasses $150 Billion in November

The most widely utilized stablecoins are dollar-pegged. Stablecoins made it easy to transfer funds between crypto exchanges. Stablecoins are crypto-equivalent to fiat currencies like the dollar or the rupee, and it had to be something that could consistently retain value over time and be readily transferred. For example, a system

November 28, 2021 1 min read
Uganda's Central Bank Allows Crypto Firms to Participate in Its Regulatory Sandbox

Cardano, XRP, and Avalanche Price Falls Amid Market Sentiments

Cryptocurrencies aren’t the only recent victims. Avalanche’s AVAX token is down just 3% in the previous week. Black Friday was a bad day for the cryptocurrency market, with most major coins losing significant value. Cardano, Ripple, and Avalanche tokens were down around 7%, 9%, and 11%, respectively. Bitcoin plummeted 8%

November 27, 2021 2 mins read