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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

Cardano (ADA) Price Surges 6% Amid Recent Developments

Cardano (ADA) Price Surges 6% Amid Recent Developments

As a result of a number of developments on the Cardano network, the price of Cardano (ADA) is making a big upward surge and breaking over important levels. The ADA price increased by 6% in a single day after the alpha release of Aiken, Cardano’s programming language and tools for

April 16, 2023 1 min read
ETH

Ethereum (ETH) Price Crosses $2K Level Post Shapella Upgrade

Despite worries that fresh Ether supply may flood markets following the long-awaited Shapella upgrade. The market has responded positively to the news. After the Shapella update was finished successfully, the price of Ethereum skyrocketed to the $2,000 mark. In spite of increasing selling pressure brought on by the release of

April 13, 2023 1 min read
Paxos

Blockchain-based Fintech Firm Paxos Announces Exiting Canada

Paxos, a fintech firm that provides blockchain-based solutions for the international financial sector, has stated that it would no longer be operating in Canada. As of Tuesday, June 2, clients will no longer be able to do anything in their Paxos accounts but withdraw money, according to a statement provided

April 13, 2023 2 mins read
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
Little Pepe