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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

U.S. Inflation Hits 3.4% in December 2023, Sparks Rate Cut Speculation

U.S CPI Data Reveals Less Than Expected Inflation Rate in March at 5%

Compared to February, when prices grew by 0.4%, the CPI increased by 0.1% in March 2023 after seasonal adjustments were made. Inflation statistics for March showed an annual rise in the all-items index of 5.0% before seasonal adjustment. The Consumer Price Index (CPI) for March 2023 had recently been issued

April 12, 2023 1 min read
Solana (SOL) Price Witnesses Price Surge Ahead of Mobile Saga Launch

Solana (SOL) Price Witnesses Price Surge Ahead of Mobile Saga Launch

Despite a general crypto market pullback following Bitcoin’s break above the $30,000 barrier on Tuesday, the price of Solana has soared by 20% in only the previous two days. On Wednesday, SOL price continued its upward trajectory with an 8% increase. In the last twenty-four hours, prices have fluctuated between

April 12, 2023 2 mins read
Bitcoin Miner Greenidge Eyes Expansion With Core Scientific Collaboration

Bitcoin Miner CleanSpark Buys 45,000 Mining Gear Worth $145M

CleanSpark, a Bitcoin miner based in Sandersville, Georgia, in the United States, has announced the completion of a $144.9 million transaction to acquire 45,000 of Bitmain’s Antminer S19 XP Bitcoin mining machines. The first 25,000 miners will start trickling in over the month of August, with the remaining devices coming

April 11, 2023 1 min read
Whales Acquire Over 146 Million XRP Amid Recent Developments

Whales Acquire Over 146 Million XRP Amid Recent Developments

Expectations of success in a lawsuit against the U.S. Securities and Exchange Commission (SEC) have boosted the value of Ripple’s native token, XRP. According to WhaleAlert’s data, in the previous 24 hours, whale addresses have contributed over 146 million XRP (about worth $77 million) over several transactions. The largest accumulation

April 11, 2023 1 min read
Locked Ethereum Surges to Record High; Binance's CZ Expresses Bullish Sentiment

Binance Partners With Africa’s Video Streaming Platform ‘Showmax’

In an effort to further crypto adoption in Africa, cryptocurrency exchange Binance has announced a partnership with video streaming provider Showmax. As per reports, 500 Binance users in Nigeria would get a free month of Streaming after signing up to actively participate in Web3. Binance’s West Africa Marketing Director Emmanuel

April 10, 2023 2 mins read
Stars Arena Exploited of $2.88 Million Worth AVAX Token

South Korean Centralized Crypto Exchange GDAC Reports $13.9 Million Hack

The GDAC cryptocurrency exchange in South Korea was hacked for around $13.9 million. According to an April 10 release from GDAC CEO Han Seunghwan, the exchange has paused all deposits and withdrawals while it performs emergency system work in reaction to the assault. The notification claims that the attacker got

April 10, 2023 1 min read
Couple of Whales Dump Over 1 Billion Doge Amid Twitter Symbol Saga

Couple of Whales Dump Over 1 Billion DOGE Amid Twitter Symbol Saga

Several minor holders started adding additional DOGE to their crypto stashes after the famous meme currency rose over 30% at the beginning of the week when Elon Musk momentarily made it the logo of Twitter. According to “SmartMoney” tracker @lookonchain, when DOGE’s price surged by over 30% this week because

April 9, 2023 1 min read
Uniswap Price Analysis: UNIUSDT Identifying Consolidation and Breakout Potential

China-based Conflux Seeks Deploying Uniswap V3 on its Network

On April 7, Conflux, a Chinese public blockchain that complies with applicable regulations, proposed on Uniswap’s governance forum to implement Uniswap v3 on its network. Developers have been able to fork the protocol and launch their own decentralized exchange in the days after the Uniswap v3 source license expired. According

April 8, 2023 1 min read
Bullish Pressure Captures WOO Market as Buying Spree Accelerates

Enjin Coin (ENJ) Price Surges 18% Amid Key Developments

The native cryptocurrency of blockchain-based gaming firm Enjin, known as ENJ, had a price increase on April 7. Intraday, the cryptocurrency asset reached $0.4958, its highest level since February 25. While the low for the day is $0.4145. Moreover, as of this writing, Enjin Coin’s trade volume has increased by

April 7, 2023 2 mins read
Mt. Gox Opens Reimbursement as Extended Deadline Comes to End

Mt. Gox Opens Reimbursement as Extended Deadline Comes to End

The window for reimbursements to creditors of the now-defunct cryptocurrency exchange Mt. Gox has officially opened with the passing of the deadline for inputting payback information. About a decade ago, in February of 2014, the Tokyo-based crypto exchange filed for bankruptcy, making it one of the first crypto exchanges to

April 7, 2023 1 min read
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