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Janani

A creative writer with a flair for storytelling and a deep interest in cryptocurrencies and blockchain technology.

Posts by Janani

Flowcarbon Reimburses Investors After GNT Token Launch Fails

Flowcarbon Reimburses Investors After GNT Token Launch Fails

Flowcarbon, a blockchain-based carbon credit platform co-founded by former WeWork CEO Adam Neumann, is reportedly refunding investors following the failed launch of its “Goddess Nature Token” (GNT). According to Forbes, the company has started issuing refunds in recent weeks after facing delays that prevented the token from launching as planned.

September 12, 2024 2 mins read
Vitalik Buterin Tightens Criteria for Supporting L2s in 2024

Vitalik Buterin Tightens Criteria for Supporting L2s in 2024

Vitalik Buterin, Ethereum’s co-founder, has been at the centre of attention in recent days, both with his significant crypto transactions and his active presence on social media. On his X (formerly Twitter) account, Buterin declared a stricter stance on supporting Layer 2 (L2) projects, stating that, starting next year, he

September 12, 2024 2 mins read
Can WIF Memecoin Reverse Its Slide After a 7% Drop?

Can WIF Memecoin Reverse Its Slide After a 7% Drop?

WIF, a popular memecoin, has experienced significant volatility in recent days. After hitting a two-week high of $1.77 just two days ago, WIF is now trading at $1.56, reflecting a 7% decline. This drop has placed it at the top of today’s loser chart, with a notable 37% decrease in

September 11, 2024 2 mins read
Vitalik Buterin Wallet Offloads Another 190 ETH for USDC

Vitalik Buterin Wallet Offloads Another 190 ETH for USDC

Ethereum co-founder Vitalik Buterin has recently been at the center of speculation regarding his cryptocurrency holdings and transactions, particularly amidst concerns over large-scale ETH sell-offs by major holders, or “whales.” Buterin addressed these concerns in a recent tweet, clarifying that he has not sold and retained the proceeds since 2018.

September 11, 2024 2 mins read
Will ICP 12% Surge Lead to Further Upside or a Price Reversal?

Will ICP 12% Surge Lead to Further Upside or a Price Reversal?

The cryptocurrency market has been erratic over the past week, with bearish trends dominating. Notably, it’s become uncommon to see double-digit gains among the top altcoins. Despite a modest decline of 0.62% in overall market cap and a 7.24% drop in trading volume, today’s standout performer is Internet Computer’s (ICP)

September 11, 2024 2 mins read

Are SHIB Resistance Levels Poised for a Breakthrough?

Shiba Inu (SHIB) is showing signs of recovery after hitting a month-low of $0.00001231 just four days ago. Currently trading at $0.00001346, SHIB has surged 2.51% in the past 24 hours, with trading volume increasing by 46%. Despite this recent uptick, the token is still down 4.13% over the past

September 10, 2024 2 mins read
Ripple (XRP) Surges, Creating a Bullish Engulfing Candle With 5% Gain

Is XRP Symmetrical Triangle Signaling a Bullish Breakout?

The crypto market experienced bearish momentum last week but is now seeing a gradual recovery. The market cap stands at $2.01 trillion, up 2.64%, while overall trading volume has surged by 28.83%. Bitcoin has risen 3.4%, trading at $57,145, and top altcoins are following with daily gains of 2-6%. XRP,

September 10, 2024 2 mins read
FTX Strikes Deal with Emergent Over $600M Robinhood Shares

FTX Strikes Deal with Emergent Over $600M Robinhood Shares

Bankrupt crypto exchange FTX has reached a settlement with Emergent Fidelity Technologies, a firm co-founded by Sam Bankman-Fried, over more than $600 million worth of Robinhood shares. The deal, disclosed in a motion by FTX CEO John Ray III on September 6 in a Delaware Bankruptcy Court, involves FTX paying

September 10, 2024 2 mins read
Banana Gun Users Wallet Hack Leads to $1.4M Worth ETH Theft

FBI Reports Record $5.6B in Losses from Crypto Scams in 2023

The FBI’s Internet Crime Complaint Center (IC3) has revealed a sharp rise in cryptocurrency-related fraud. Americans lost $5.6 billion in 2023—a 45% increase from the previous year. The IC3’s annual report recorded over 69,000 complaints, underscoring the growing exploitation of digital currencies in various scams. Investment fraud was the most

September 10, 2024 2 mins read
Can Bitcoin Overcome Resistance After Falling to $67K?

Why Are Crypto Traders Feeling the Pressure This Week?

The crypto market is on edge this week as it anticipates potential volatility surrounding two major events: the Trump versus Harris debate on September 10 and the Consumer Price Index (CPI) report on September 11. According to QCP Broadcast, while the crypto market has stabilised following last week’s downturn, implied

September 9, 2024 2 mins read