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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 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
Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

Bitcoin Mining Thrives Back Despite Ban Citing Environmental Concerns

Bitcoin miners made $36.5 million a day in the preceding week. The average block output per hour has grown by 2.725. Miner profits are rising once again. This time around, the miners have experienced a huge increase in their mining profits in only one week. There has been an increase

March 25, 2022 1 min read

Crypto.com Inks Sponsorship Deal For FIFA World Cup 2022 in Qatar

Crypto.com is expected to attract a more extensive international clientele. The Staples Center in LA has been renamed the Crypto.com Arena for 20 years. This year’s FIFA World Cup in Qatar will be sponsored by the cryptocurrency exchange Crypto.com. According to an announcement made on Tuesday, the FIFA World Cup

March 24, 2022 1 min read
Japan’s Largest Bank MUFG Facilitates Domestic Banks to Issue Stablecoins

Japan Plans to Issue Green List of 18 Coins To Be Listed Without Screening

Bitcoin, Ether, Ripple, and Litecoin will be included on the impending green list. According to Nikkei, just 40 coins have been listed on Japanese crypto exchanges. According to reports, Japanese cryptocurrency exchanges are attempting to enhance competition with overseas exchanges by making it easier to add new cryptocurrencies. According to

March 22, 2022 2 mins read
English Premier League Recently Filed for Crypto and NFT Trademarks

Grayscale Investments Unveils New Portfolio Excluding Ethereum Network

Cardano and Solana lead the pack with around 24 percent of the total portfolio. The price of Cardano has risen by double digits in the last week. On Tuesday, Grayscale Investments launched its “Smart Contract Platform ex Ethereum Fund,” which aims to provide investors with exposure to smart contract technology

March 22, 2022 2 mins read
Poloniex Enters Strategic Partnership With Fantom Foundation

Poloniex Enters Strategic Partnership With Fantom Foundation

Poloniex, a worldwide cryptocurrency exchange was founded in 2014. Kong confirmed fantom’s readiness to collaborate with further projects. Poloniex, a worldwide cryptocurrency exchange, has established a partnership with the Fantom Foundation to help improve the ecosystem’s overall development. Decentralized projects and apps on the Fantom platform will benefit from the

March 21, 2022 1 min read
Top 3 Altcoins For June 2022: AXS, AAVE and ADA

Ethereum Classic (ETC) Price Surges 19% in Last 24 Hours

The ETC/USDT pair might go as low as $32 if the price declines. After breaking clear of the downtrend line, the pair began a vertical rise. After breaking and closing above the downtrend line, Ethereum Classic (ETC) regained momentum. Unfortunately, the price has been rejected from the $40 level of

March 20, 2022 2 mins read