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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

Kazakhstan’s Crypto Miners to Acquire Electricity From Russia

ChickenFast — Cloud Mining Made Simple and Accessible

Investors will need 60 seconds to get started with crypto mining. All thanks to ChickenFast. The cloud mining platform with an intuitive user interface. The team behind ChickenFast has years of experience as they have been working in the sector since 2015. It made the crypto mining process easier by

December 16, 2021 2 mins read
Dogecoin To Be Accepted at Tesla's New Futuristic Diner, Drive-in Theater

Elon Musk Tweets Tesla to Accept Dogecoin, Coins Price Skyrockets

Elon Musk has often referred to Dogecoin as his favorite digital money. The price of the cryptocurrency rocketed to record heights early this year. On Tuesday, Elon Musk’s revelation that Tesla will accept Dogecoin as payment for certain products caused a 20% increase in the meme-inspired cryptocurrency. “Tesla will make

December 14, 2021 2 mins read
Rising crypto star LUNA gets listed on Nexo

Rising crypto star LUNA gets listed on Nexo

Hodlers of LUNA can now buy, swap, earn, and borrow with Nexo’s platform News reports that LUNA is now listed on the Nexo platform giving users a chance to enjoy many benefits. With this initial launch, purchasing assets via the Nexo Exchange is the only way Nexo users can add

December 13, 2021 2 mins read
SafeMoon All-set for a Bull Run After the Recent Fall

SafeMoon All-set for a Bull Run After the Recent Fall

The SafeMoon price dropped 63%, slicing through the September 28 swing low. SafeMoon is now trading at $0.000002, which is the resistance level. On December 4, the SafeMoon price fell along with the market. In the process, it sank below a critical support level and into oversold territory. The SafeMoon

December 13, 2021 1 min read
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
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