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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

Polygon (MATIC) Price Surges Following Massive Whale Accumulation

Polygon (MATIC) Large Whale Transactions Surge by 105% as per Reports

MATIC has re-entered the top ten most-purchased tokens list on WhaleStats. DraftKings joins the Polygon ecosystem as a validator and node operator. In the previous 24 hours, large MATIC transactions have increased approximately 105 percent, according to statistics from IntoTheBlock. This current comeback effort by MATIC, the Polygon native asset,

March 8, 2022 2 mins read

Ripple Vs SEC Legal Dispute Likely to End This Year

XRP is making its way back to the top cryptocurrencies by market size. The SEC and Ripple will follow a few rules, including a settlement talk for 14 days. It’s been a long time now since Ripple v. SEC went to trial, and XRP investors are still waiting for a

March 8, 2022 1 min read
$500M Funding Secured by Binance For Investment in Blockchain and Web3 Sector

Binance Restarts Bank Transfers for European Customers After 8 Months

For the first time in eight months, Binance has restarted bank transfers for European customers after pressure from authorities. Starting today, European Binance customers, except those in Switzerland and the Netherlands, may deposit and withdraw in both euro and British pound via SEPA and Faster Payment Services (FPS).  Binance has

March 7, 2022 1 min read
Honduras Special Economic Zone Declares Bitcoin (BTC) as Legal Tender

Bitcoin (BTC) Price Steadies Amid Gold Price Surge Reaching $2K

Lloyd Blankfein questioned why crypto was not experiencing higher inflows. The price of international oil benchmark Brent crude rose 18 percent. On March 7, the price of Bitcoin (BTC) remained close to its one-week lows as investors sought to protect their assets. BTC is now trading at roughly $38,700 after

March 7, 2022 2 mins read
Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

Bitcoin Miners in Malaysia Adopt Power Stealing to Fuel Mining Process

Several governmental institutions are collaborating with Tenaga to catch illicit miners. Experts also recommend smart meters and meter data management systems. The power utility company in Malaysia is suggesting new ways to combat the issue of escalating energy theft cases for Bitcoin mining in the nation. Bloomberg reports that Tenaga

March 6, 2022 1 min read
SEC Raises Hopes by Approving Valkyrie's Bitcoin Future ETF

Grayscale Bitcoin Trust Plans to Become ETF Amid Negative Performance

Over 450,000 GBTC shares were purchased in November 2021. The GBTC trust drew investors in at this time of back-to-back shocks to global markets. Data from Glassnode suggests that institutional investors are returning to acquire Grayscale Bitcoin Trust (GBTC) shares as the discount to the current price has increased to

March 6, 2022 1 min read
crypto

Solana (SOL), Binance Coin (BNB), and Seesaw Protocol (SSW) On the Rise

The SSW token’s value has risen by more than 2,000 percent in only seven days. Solana and Everstake are working together to assist the Ukrainian people. As a result of the recent boom in three major cryptocurrencies, crypto-wallets are also rising. Let us look at Solana, Binance Coin and Seesaw

March 4, 2022 2 mins read
Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

Bitcoin Mining Difficulty Drops 1.5% Since November Last Year

Over the last two weeks, the average block duration exceeded the 10-minute objective.  The 300 Eh/s hash rate might be achieved in 2022. The Bitcoin (BTC) mining difficulty adjustment has lowered for the first time since November 2021, correcting 1.49 percent of the difficulty change. After six straight increases in

March 4, 2022 1 min read
Shiba Inu (SHIB) Burnt in the Last 24 Hours Mounts to Whopping 1.5 Billion

Shiba Inu (SHIB) Transactions Declines Consecutively Over Last 4 Months

Total transaction volume decreased by 67.96 percent during the four months. Short-term gains in the crypto realm seldom persist. Shiba Inu has been one of the most popular cryptocurrencies in the previous year and should be avoided in March and beyond. In 2021, the value of this meme currency surged

March 3, 2022 2 mins read
Vasil Hard Fork Update For Cardano All Set For June 29 This Year

Cardano Founder Charles Hoskinson Sheds Light on Upcoming Developments in 2022

Focusing on Cardano’s long-term viability will increase user experience. Self-determination is the last thing the Cardano team wants to concentrate. Cardano, one of the most popular blockchain projects, has no intention of slowing down. On Marco Montemagno’s prominent YouTube channel, Cardano’s founder Charles Hoskinson revealed three of the project’s most

March 3, 2022 1 min read