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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

Stablecoin Market Liquidity Surges, Boosting Crypto Sector Optimism

Stablecoin Market Liquidity Surges, Boosting Crypto Sector Optimism

Record highs in stablecoin dynamics have increased market liquidity in the cryptocurrency sector. Bitcoin (BTC) and the whole cryptocurrency sector might take heart from this, since past performance indicates that more liquidity usually leads to higher prices. According to a new analysis by CryptoQuant, the combined value of the market

October 12, 2024 2 mins read
MicroStrategy's Michael Saylor Unveils Ambition for Largest Bitcoin Bank

MicroStrategy’s Michael Saylor Unveils Ambition for Largest Bitcoin Bank

The founder and executive chairman of MicroStrategy, Michael Saylor, recently shared his bold plans for the future of the firm in an interview. He has lofty ambitions of making this company the largest Bitcoin bank. The price of Bitcoin might be influenced by this, which could be a factor of

October 11, 2024 2 mins read
Freedom and Thai Tourism Authority Partner to Elevate Tourist Experiences Using Fuse Network

SonicX by Sonic SVM Onboards Over 120K TikTok Users to Web3

Sonic SVM, a Solana-based blockchain gaming Layer-2 infrastructure firm, has developed the first Web3 game with an embedded wallet on TikTok, the world’s most popular video sharing app. With the help of its embedded wallet, the new game SonicX makes it easier for TikTok users to get started and introduces them to

October 10, 2024 2 mins read
Bybit Sees 61% Surge in Monthly Futures Trading Volume, Reaches $639B

Bybit’s bbSOL Surpasses $85M TVL, Expands Access with Spot Listing and Key Partnerships

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce the successful completion of bbSOL’s first month, a significant milestone in the quest to improve token staking on the Solana blockchain. With its innovative marketing approach and smooth integration across centralized and decentralized platforms, bbSOL—the first exchange-backed liquid

October 10, 2024 2 mins read
Supra Revolutionizes dApp Development with Launch of 'Containers'

Supra Revolutionizes dApp Development with Launch of ‘Containers’

With MultiVM support for MoveVM and EVM dApps, Supra, the 500k TPS Layer-1 blockchain, presents Supra Containers, a revolutionary solution that may well do away with the requirement for Layer-2s (L2), Layer-3s (L3), and AppChains. Supra Containers herald a new era for dApps and on-chain development by providing builders with the flexibility

October 9, 2024 3 mins read
Binance Surpasses $5 Billion in November Inflows, Hits Record $130B in User Assets

Binance Launches Traders League with a Whopping $10M Prize Pool

Binance, the global blockchain ecosystem trusted by more than 230 million users globally, is excited to announce the launch of Binance Traders League. With Binance committing to the largest rolling prize pool of over $10 million in incentives, Traders League will become the premier event for the cryptocurrency trading community.

October 8, 2024 2 mins read
XRP Price Continues Bearish Momentum Amid Ripple’s SEC Cross-Appeal

XRP Price Consolidates After Finding Support at $0.51 Amid High Volatility

After a court ruling in favor of Ripple in 2023, the US Securities and Exchange Commission (SEC) recently decided to appeal the case. In the hours that followed, XRP’s price plummeted, even though there was hope for a possible US-based XRP ETF. The SEC’s war against Ripple and the crypto

October 6, 2024 1 min read
Tether Celebrates 10th Anniversary with Documentary on USDT Stablecoin

Tether Celebrates 10th Anniversary with Documentary on USDT Stablecoin

On its 10th anniversary, stablecoin issuer Tether announced that a documentary on USDT and its role in combating inflation would be released. Interviews with Tether users who have used the stablecoin to fight inflation were included in the trailer. High inflation rates were shown in the trailer via conversations with

October 6, 2024 2 mins read
Fuse Unveils First Non-Custodial Web3 Merchant Bank 'Charge'

Blockchain Zone Initiative Launched to Protect Developers from Patent Trolls

To protect blockchain developers against “patent trolls,” the Blockchain Zone was launched by the Cryptocurrency Open Patent Alliance (COPA) in collaboration with Unified Patents. The initiative goes after non-practicing enterprises (NPEs), or those who own patents but don’t really do anything; these groups often use the exorbitant expense of litigation

October 5, 2024 2 mins read
Kraken Launches Crypto Derivatives Platform in Bermuda

Kraken Launches Crypto Derivatives Platform in Bermuda

In order to facilitate derivatives trading, crypto exchange Kraken has established a trading platform in Bermuda. The BMA has granted Kraken the necessary license. An increasing number of people are considering Bermuda as a potential location for crypto activities. After Coinbase and HashKey Global reach the island, Kraken follows suit.

October 3, 2024 1 min read