Thu, January 22
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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

Whale Transfers 2,500 Bitcoin (BTC) Worth $62M to Binance

Whale Transfers 2,500 Bitcoin (BTC) Worth $62M to Binance

During a massive Bitcoin price surge, crypto titans seem to have jumped into action with massive buying intentions. As US banking stocks plummeted on Monday due to the bankruptcy of Silicon Valley Bank and Signature Bank, investors were relieved to see a surge in the value of cryptocurrencies. Even though

March 15, 2023 2 mins read
Shiba Inu (SHIB) Rallies Rising 6% Post CPI Statistics Release

Shiba Inu (SHIB) Rallies Rising 6% Post CPI Statistics Release

Shiba Inu (SHIB), the second biggest meme currency, rose in value by 6% during the last day. After the recent bank failures in the United States, the positive momentum indicates a rebound. At press time, Shiba Inu was worth $0.00001170, according to statistics from CMC. The market cap of SHIB

March 14, 2023 1 min read
BitMEX Co-founder Optimistic of Bitcoin Reaching $1M Amid Bank Run

Bitcoin (BTC) Price Witnesses Rapid Surge Crossing $26K Mark

The United States Consumer Price Index (CPI) data exhibited conflicting inflation indications on March 14, driving Bitcoin (BTC) over $26,000. The announcement of the Consumer Price Index for February triggered an unexpected wave of turbulence. Year-over-year inflation rose by 6%, while inflation from month-to-month came in at 0.4%, which was

March 14, 2023 1 min read
DeFi Project SafeMoon Exploited of $8.9 Million Post-Recent Upgrade

DeFi Platform Euler Finance Loses $197 Million in Flash Loan Exploit

According to audit platform BlockSec, the decentralized finance (DeFi) platform Euler Finance was the victim of an attack worth over $196.9 million. Hackers made off with $135.8 million worth of Staked Ethereum (stETH), $33.8 million worth of Circle’s stablecoin USDC, and $8.7 million worth of the decentralized stablecoin DAI. Euler

March 13, 2023 1 min read
Bullish Pressure Captures WOO Market as Buying Spree Accelerates

Filecoin (FIL) Price Jumps 29% Ahead of FVM Release on March 14

On Monday, the value of Filecoin jumped by 29% in anticipation of the release of the Filecoin Virtual Machine (FVM). In addition, the trading volume has increased by 227% in the last twenty-four hours, suggesting a surge in interest among investors.  On March 14 at 15:14 UTC, or epoch 2,683,348,

March 13, 2023 1 min read
Bitcoin Fear and Greed Sentiment Changes to 'Fear' Amid Market Downturn

Bitcoin Fear and Greed Sentiment Changes to ‘Fear’ Amid Market Downturn

After a promising start, crypto has taken a beating this year, with external factors being at fault once again being the primary cause. As a consequence, bitcoin and other cryptocurrencies have suffered, contributing to yet another shift in public opinion. Several cryptocurrency-related organizations and projects collapsed last year, leading to

March 11, 2023 1 min read
coinbase

Coinbase Updates Staking Conditions Amid SEC Clampdown

A month after U.S. authorities clamped down on similar offerings. Coinbase informed customers Monday that it is revising the terms and conditions of its staking service. In an email to customers on Friday. the largest cryptocurrency exchange in the United States confirmed the continuation of staking. And emphasized that clients

March 11, 2023 1 min read
Cathie Wood Led Ark Invest Buys More Coinbase Stock Amid Expansion

Cathie Wood Led Ark Invest Bought Coinbase Shares Worth $20.6 Million

According to a transaction report provided to investors, prominent growth investor Cathie Wood’s Ark Invest purchased more shares of cryptocurrency exchange Coinbase (COIN) on Thursday than it had in all of January. More than 350,000 Coinbase shares were purchased in a single day by the company, making it the largest

March 10, 2023 2 mins read
BitMEX Co-founder Optimistic of Bitcoin Reaching $1M Amid Bank Run

Crypto Market Stabilizes as U.S Unemployment Rate Surges to 3.6%

According to the most current nonfarm payroll statistics from the Bureau of Labor Statistics, the United States gained 311,000 jobs in the month of February. It’s less than the previously reported 517,000 jobs gained in January, but it’s still far more than the 225,000 jobs that experts expected would be

March 10, 2023 1 min read
Bitget Registers in Africa To Boost Global Development

How Crypto Wallets Work: 5 Important Key Things You Should Know

With the consistent argument of the need for crypto adoption, cryptocurrencies such as Bitcoin, Ethereum, and the rest have a fast-growing community. However, it is vital to note that one may not hold or store cryptocurrencies without wallets coming into the spotlight. Not considering if you are a top crypto

March 10, 2023 7 mins read
Little Pepe