Sun, August 23
Profile picture of Imran

Imran

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.

Posts by Imran

UNCX Network Official DeFi Partner on Shark Tank of Web3 'Killer Whales' Show

UNCX Network Official DeFi Partner on Shark Tank of Web3 ‘Killer Whales’ Show

Fully decentralized multi-chain service provider UNCX Network is teaming up with HELLO Labs’ reality TV series “Killer Whales,” which is dubbed “the Shark Tank of Crypto” and is co-produced by CoinMarketCap and AltCoinDaily. With its top-notch, scalable, decentralized infrastructure, UNCX is facilitating simpler and safer DeFi. This is in line

January 23, 2024 2 mins read
Orbs Integrates Advanced dLIMIT and DCA Protocols into Sushi DEX

Horizon EON Collaborates With Polytrade Finance for Real World Asset Integration

On Horizen EON, Polytrade will facilitate the exchange, fractionalization, and trading of real world assets including real estate, collectibles, trade finance, and structured credit! Polytrade is a web3 protocol that intends to aggregate RWA demand and address it. Asset Originators may tokenize a variety of real-world assets using the Polytrade

January 23, 2024 1 min read
Solana Succumbs to Bearish Momentum as Price Falls Under $90

Solana Succumbs to Bearish Momentum as Price Falls Under $90

Notable cryptocurrencies began the week on a negative note as investors worry about potential huge bitcoin sales and are likely reducing their market exposure in preparation for potential price drops. “I think we break $40k,” BitMEX co-founder Arthur Hayes said in a fresh Bitcoin price forecast released on Monday. This

January 22, 2024 2 mins read
Bitcoin Falls Below $41,000 Level as Bears Continue Domination

Bitcoin Falls Below $41,000 Level as Bears Continue Domination

Crypto Quant reports that as of January 19th, issuers of spot Bitcoin ETFs had over 638,000 bitcoins in their possession. This amounts to almost $27 billion in fiat currency. Grayscale Bitcoin Trust (GBTC) has the biggest amount of Bitcoin—566,973 BTC. Next in line with 28,662 BTC is BlackRock’s iShares spot

January 22, 2024 2 mins read
Fake Hong Kong Coin Promoted on Chief Executive’s Hacked X Account

Security Breach at Trezor Raises Phishing Concerns Among Users

A security issue affecting over 66,000 customers was recently reported by Trezor, a manufacturer of crypto hardware wallets. Concern among those involved with digital assets has been heightened by the announcement of this occurrence on January 20. The contact information of users who have interacted with the support staff since

January 21, 2024 1 min read
BTC, Bitcoin ETF, El Salvador

Bitcoin’s Hash Rate Hits All-time High, Boosting Network Security

The hash rate on the Bitcoin network has surpassed 500 exahashes per second, setting a new all-time high. A significant rise in the computational power guarding the blockchain is shown by this development. The hash rate is a measure of the computing power allocated to the Bitcoin network; it shows

January 21, 2024 2 mins read
Solana Struggles to Overturn Bearish Momentum as Bears Dominate

Solana Struggles to Overturn Bearish Momentum as Bears Dominate

Within 30 hours of its debut, the Solana Mobile 2, the company’s newest offering in the mobile market, had received over 30,000 preorders. Moreover, preorders for the new smartphone have already topped sales for the original model.  The web3-centric features of the newer version of Solana Mobile have generated a

January 20, 2024 2 mins read
BTC, Bitcoin ETF, El Salvador

Bitcoin Breaks Below Key Support as Price Faces Severe Sell-off

With its newly launched spot Bitcoin ETF, ARK Invest is continuing its migration away from the ProShares Bitcoin Strategy ETF (BITO). With the sale of 758,915 BITO shares for almost $15 million via its ARK Next Generation Internet ETF (ARKW) on January 18th, the business made a disclosure. ARK Invest

January 19, 2024 2 mins read
Ethereum Faces Bearish Pressure as Brief Correction Underway

Ethereum Faces Bearish Pressure as Brief Correction Underway

A significant amount of the Bitcoin (83%), Ethereum (84%), and XRP (81%) supply is profitable, according to a recent publication by Santiment. Movements outside of the 55–75% range have traditionally been seen as low risk, while those within the range have been seen as average. The PSP indicator tracks the

January 18, 2024 2 mins read
Singapore Exchange to Launch Bitcoin Perpetual Futures for Institutions in 2025

Singapore Strikes Out Spot Bitcoin ETFs for Retail Investors

After receiving clearance from the U.S SEC, Spot Bitcoin ETFs have lately gained immense market interest. However, retail investors cannot purchase Spot Bitcoin ETFs due to a ban imposed by the Monetary Authority of Singapore (MAS). The regulatory body has banned listing of Spot Bitcoin ETFs in the nation. Bitcoin

January 18, 2024 2 mins read