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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

Binance CEO Says US Return Premature Despite Pro-Crypto Shift

Binance Faces Sharp Drop in Derivatives Trading Volume in September

September saw a precipitous drop in trading volume on crypto exchange Binance. A CCData analysis states that derivative trading volume on Binance hit a low of $1.25 trillion in September, down 21% from the previous month and the lowest since October 2023. As a result of the drop in trading,

October 3, 2024 2 mins read
XRP Bulls Eyeing $1.50 Amid Bearish Hold

XRP Eyes Key Support Level as Price Dips Amid Overall Market Sell-off

The Delaware Division of Corporations website now displays an application for a Bitwise XRP exchange-traded fund (ETF). The filing states that the Bitwise XRP ETF was established on September 30, 2024. The CSC Delaware Trust Company, with headquarters in Wilmington, Delaware, was named as the registered agent. Brad Garlinghouse, CEO

October 2, 2024 1 min read
Suspicious $56.3 Million CryptoPunk NFT Sale Sparks Doubts

State-owned Postal Service of Indonesia Unveils Unique NFT Stamp

Bringing together the best of both worlds, Pos Indonesia, the state-owned postal service of Indonesia, has released its first-ever postage stamps including non-fungible token (NFT) equivalents. “Cenderawasih,” which translates to “bird of paradise,” is the subject of Pos Indonesia’s first NFT stamp, which the organization announced on its Instagram page.

October 1, 2024 2 mins read
Spheron Launches Fizz Nodes to Streamline AI Compute Resources

Spheron Launches Fizz Nodes to Streamline AI Compute Resources

Spheron, a decentralized platform leveraging compute resources, has announced the launch of Fizz Nodes, which allow users to participate in the Spheron network and gain rewards by offering computational resources to deploy AI workloads on the edge, without the stringent reliability demands of traditional provider nodes. By delivering GPU and CPU resources

October 1, 2024 2 mins read
Camino Network Collaborates with Fireblocks to Revolutionize Web3 Travel Ecosystem

Camino Network Collaborates with Fireblocks to Revolutionize Web3 Travel Ecosystem

Camino Network, a blockchain-based infrastructure for the travel industry, is thrilled to announce its collaboration with Fireblocks, an enterprise platform for managing digital asset operations and developing creative businesses on blockchain. Users of the Camino Network will have access to over 2,000 trading venues, counterparties, and liquidity partners on the Fireblocks

September 30, 2024 3 mins read
XRP Price Continues Bearish Momentum Amid Ripple’s SEC Cross-Appeal

XRP Price Rallies Breaking Above $0.63 Key Resistance Level

Two significant updates, “fixEmptyDID” and “fixPreviousTxnID,” were recently released to the XRP Ledger (XRPL). Some bullish market sentiment was sparked by the recently offered enhancements, which got positive feedback. This is subsequent to the preceding fixAMMv1_1 amendment’s implementation. With the impending debut of the USD-backed stablecoin RLUSD, the Ripple ecosystem

September 30, 2024 1 min read
KuCoin Expands Menstrual Equity Project to The Bahamas in 2025

Synesis Foundation and AirMoney DEGN Collaborate to Boost AI and DePIN Crypto Hardware

The Synesis Foundation, the organization behind Solana’s first AI data pre-processing solution, has established a strategic agreement with AirMoney DEGN. The partnership will facilitate the introduction of DePIN-focused consumer hardware in the form of the AirMoney DEGN device. The capabilities of a traditional hardware wallet are enhanced by AirMoney DEGN, which

September 26, 2024 3 mins read
Binance Introduces Fixed Rate Loans for Stable, Predictable Returns with Stablecoins

Binance Introduces Fixed Rate Loans for Stable, Predictable Returns with Stablecoins

Binance, the global blockchain ecosystem that powers the world’s biggest cryptocurrency exchange by trading volume and users, has announced the launch of Binance Fixed Rate Loans. With over-collateralization for further security, this new offering enables users to safely borrow and lend stablecoins with customizable fixed interest rates for a selected duration. In

September 25, 2024 2 mins read
Can Bitcoin Overcome Resistance After Falling to $67K?

Bitcoin Price Likely to Face Correction Following Recent Surge

Bitcoin has had a really good ten days or so, with the asset adding about $10,000 during this span, largely due to the US Federal Reserve’s move to lower key interest rates. But several social measures imply that the cryptocurrency’s boom could be ended soon. Last week on Wednesday, September

September 21, 2024 2 mins read
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