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Ashfaq

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.

Posts by Ashfaq

Crypto Market Plummets Post 0.50 Basis Points Interest Hike by Fed

All Eyes on U.S Federal Reserve Over Interest Rate Hike

Macro concern keeps the Bitcoin price below the $20,000 mark. Wall Street anticipates a rate rise of 75 basis points from the Federal Reserve this month. The U.S. Federal Reserve is expected to raise interest rates by 75 basis points during today’s FOMC meeting (September 21). As the Federal Reserve

September 21, 2022 1 min read
Safuvest Token Presale is Live, How to Buy $SAFV Token

Safuvest Token Presale is Live, How to Buy $SAFV Token

Safuvest, a digital asset platform that will offer seamless crypto tailored services has announced the Safuvest utility token presale. Safuvest token Presale is live and will go on for 45 days until the hard cap is filled. This comes after initially raising $100,000 private sale round. Soeterbroek, Safuvest project manager stated: “We are

September 21, 2022 2 mins read
USDC Now Listed on Prominent Exchange ‘Robinhood’

USDC Now Listed on Prominent Exchange ‘Robinhood’

Coins and stocks are both available for trading on Robinhood. WazirX will no longer support the stablecoins USDC, USDP, and TUSD. According to the company’s Twitter, Robinhood has added support for trading USDC. The online brokerage platform has lately been adding new cryptocurrencies for trading, and USDC is the most

September 20, 2022 2 mins read
MicroStrategy Recruiting for BTC Lighting Network Engineer

MicroStrategy Adds 301 Bitcoin (BTC) Worth Around $6 Million

Michael Saylor, founder of MicroStrategy, recently tweeted about buying 301 Bitcoin. As of September 19th, 2022, the company has 130,000 bitcoin in storage. The recent drop of Bitcoin (BTC) to a low of $19K has been devastating for many people. But it seemed like the bear market was good for

September 20, 2022 1 min read
Ankr Collaborates With Polygon To Boost Web3 Building Experience for Supernet Developers

Ankr Collaborates With Polygon To Boost Web3 Building Experience for Supernet Developers

One of the leading providers of Web3 infrastructure, Ankr, is proud to announce its collaboration with Polygon, a decentralized Ethereum scaling platform, to improve the development experience for Web3 developers who want to establish application-specific blockchains using Polygon Supernets. Supernets is an EVM-compatible, interoperable, highly performant, and configurable blockchain platform

September 19, 2022 3 mins read
Vietnam Once Again on Top in Adoption of Digital Assets

Vietnam Once Again on Top in Adoption of Digital Assets

Vietnam was given a perfect score of 100 after applying ranking methodology. 21 percent of Vietnamese consumers have used or owned digital assets at some time. Adoption of digital assets has slowed in the previous 12 months owing to the crypto winter, according to Chainalysis‘ new research, “The 2022 Global

September 18, 2022 1 min read
Mining GPU Prices in China Plummets Post ETH Merge

Ethereum Miners Flock To Other Potential Network Post Merge

The United States government should limit energy-intensive mining as per a study. Several mining pools saw a decline in activity after Ethereum’s switch. Having seen Ethereum’s successful switch to the proof-of-stake consensus, miners were forced to explore other opportunities. Since Ethereum’s infancy, Ethereum’s developers have encouraged miners to switch to

September 18, 2022 2 mins read
El Salvador President Declares Running For Re-election

El Salvador President Declares Running For Re-election

Bukele is also responsible for El Salvador’s Bitcoin purchasing binge. Global markets credit research, Fitch lowered El Salvador’s debt rating from CCC to CC. El Salvador’s current president, Nayib Bukele, has reportedly declared his intention to run again in 2024. El Salvador was one of the nations whose highest court

September 16, 2022 2 mins read
U.S. House Committee Pushes for Clear Rules on Digital Assets

Crypto Regulatory Framework Released by White House

President Joe Biden had ordered government agencies to assess cryptos’ pros and cons. A digital dollar might pave the way for a payment system as per the framework. With widespread cryptocurrency use on the increase, officials have been keeping a close watch on the industry. For example, SEC Chair Gary

September 16, 2022 2 mins read
Post-Merge Threatens Ethereum (ETH) Price?

Ethereum (ETH) Price Drops 8% Despite Successful Merge

The Ethereum price dropped below $1,500 today for the first time in almost a week. After the overnight merge, the price of ETH initially remained quite stable. Technically, the Ethereum merging went through without a hitch, but despite the switch to a greener consensus process, some investors may be losing

September 15, 2022 2 mins read