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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

crypto

Despite Multiple Developments Bears Takeover the Crypto Market

Tesla’s CEO has so far kept quiet about his plans for the social media platform. Bitcoin’s price soared when the Bitcoin Conference in Miami came close to an end. A 9.2 percent stake in Twitter purchased by Elon Musk piqued the interest of cryptocurrency enthusiasts worldwide. However, when he declined

April 11, 2022 2 mins read
PayPal Reveals Plans To Integrate Crypto Services Into Its System

Cathie Wood Reveals Liquidating Paypal’s Venmo Holdings For Rival Cash App

Ark Invest significantly expanded its Block holdings by purchasing 225,937 shares. Wood even voiced the hope that PayPal would score significant victories in the future. Cathie Wood, CEO of Ark Invest, said at Bitcoin 2022 that she prefers Block’s Cash App over PayPal’s Venmo service. On CNBC, Wood said that

April 11, 2022 1 min read
Analyst Crypto Rover Believes Bitcoin (BTC) Price to Have a Massive Bounce

Analyst Crypto Rover Believes Bitcoin (BTC) Price to Have a Massive Bounce

The latest data shows that Bitcoin whales are busy buying additional supplies. The rising trend line level of $40000 may give solid support for bullish continuation. On Sunday, the vast majority of cryptocurrencies were trading in the green. Bitcoin was trading near its long-term support level the previous day while

April 10, 2022 2 mins read
Terra Co-founder Do Kwon Announces Addition of $100M Worth Bitcoin (BTC)

Terra Continues Acquiring Bitcoin Adds $173M Worth BTC

Terraform Labs made the acquisition via its non-profit business Luna Foundation Group. TerraUSD is the fourth biggest stablecoin in market value. Terra’s choice of BTC for its stablecoin confirms the concept that Bitcoin is a contemporary, digital, and decentralized gold standard, and Terra has vowed to safeguard $10 billion in

April 10, 2022 2 mins read
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