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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

Robert Kiyosaki Endorses Bitcoin Amid BRICS Crypto Speculation

Robert Kiyosaki Backs Bitcoin, Warns of U.S Fed’s Impact on Economy

The renowned financial educator and prominent author of “Rich Dad Poor Dad” Robert Kiyosaki has spoken out against the Federal Reserve of the U.S and yet again advocated for other potential investments including Bitcoin, gold, and silver. Because of his belief that the practices of the United States central bank

February 18, 2024 1 min read
BlackRock's Bitcoin ETF Surpasses MicroStrategy's Holdings

Blackrock’s Bitcoin ETF Dominates Market with Record Inflows

The approval of Bitcoin ETFs has caused them to gain a great deal of interest. When compared to other recently introduced ETFs, Blackrock’s performance stands head and shoulders above the competition, with the most assets under management and net inflows. Market players are now expecting bigger inflows this year due

February 17, 2024 2 mins read
Elon Musk's Tesla Transfers Bitcoin Holdings Worth 765M Dollars

Binance Futures Launches Challenge: Win a Tesla Model Y and Bitcoin Vouchers

The biggest and most liquid cryptocurrency derivatives platform, Binance Futures, today unveiled the Futures Ultimate Challenge, in which users can contend for bitcoin token prizes by correctly forecasting the daily price of bitcoin and compete to win a Tesla Model Y in four weekly challenges. The four-week Binance Futures Ultimate

February 17, 2024 2 mins read
KuCoin Announces $10 Million Airdrop Amidst Legal Challenges

Mocaverse and KuCoin Collaborate to Redefine Cross-platform Identity

Mocaverse, the Animoca Brands membership network and metaverse project, KuCoin, a cryptocurrency exchange, and Halo Wallet, a Web3 wallet, have partnered to improve user navigation across numerous sectors, such as crypto trading, social finance, gaming, and decentralized finance (DeFi). A collaboration statement was made on February 15th, stating that the

February 16, 2024 2 mins read
Uniswap Announces UniswapX Update with New Auction Contract

Highly Anticipated Uniswap V4 Launch Tentatively Set for Q3 2024

Uniswap, a decentralized crypto exchange, has dropped signals on twitter about the impending release of Uniswap V4, an automated market maker protocol that is non-custodial, non-upgradeable, and permissionless. Uniswap V4 is expected to be released somewhere in the third quarter of this year, according to the twitter post. The protocol

February 15, 2024 2 mins read
Goldman Sachs Upgrades Coinbase to Neutral Amid Stock Surge

JPMorgan Upgrades Coinbase Rating from Underweight to Neutral

From “underweight,” JPMorgan’s rating for crypto exchange Coinbase was raised to “neutral” in a surprising move. The announcement of the full-year results is imminent, and the rating arrives at a critical juncture. The stock was raised from underweight to neutral by JPMorgan, which improved Coinbase’s rating. The investment bank has

February 15, 2024 1 min read
Genesis Transfers $1.5B in BTC and ETH to Likely Repay Creditors

Genesis Granted Court Approval to Sell GBTC Shares Worth $1.3 Billion

Genesis, a defunct cryptocurrency firm, has been given the go light by a court to sell off its approx. 35 million Grayscale Bitcoin Trust (GBTC) shares. The crypto firm is now approved to sell its around $1.3 billion worth of GBTC after months of litigation were ultimately dismissed by the

February 15, 2024 2 mins read
U.S SEC Chair Gary Gensler Opposes FIT21 Act, Warns of Risks

Gary Gensler Highlights Bitcoin’s Ransomware Market Share Dominance

The chairman of the U.S SEC, Gary Gensler, said in an interview with CNBC today that Bitcoin accounts for the majority of ransomware. The asset and the industry as a whole have Gensler’s persistent disdain. This is despite the fact that eleven Spot Bitcoin ETFs were approved by the SEC

February 14, 2024 2 mins read
IMF Pushes for Licensing Crypto Exchanges for Economic Overhaul in Nigeria

Urgent Need for Crypto Regulation in Nigeria Emphasized by Expert

Cryptocurrency regulation is necessary to reduce financial crimes, particularly money laundering, says Adedeji Owonibi, Co-founder of A&D Forensics, a blockchain intelligence service provider in Nigeria. At a Blockchain and Digital Forensics firm’s training for crypto compliance professionals on February 9th, Owonibi brought this up. He brought out the fact that

February 11, 2024 1 min read
IBIT becomes first US Bitcoin ETF to hold 100,000 BTC

ARK21 Shares Spot Bitcoin ETF ‘ARKB’ Hits $1B AUM Milestone

At long last, the spot Bitcoin ETF that ARK Invest and 21Shares launched has entered the ranks of products with $1 billion in AUM. More than $1 billion worth of Bitcoin was recorded in 21Shares’ ARKB, its joint spot Bitcoin ETF with ARK Invest, as of February 9, according to

February 11, 2024 1 min read