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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

Global Crypto Investment Products Experience $147 Million Outflow

Global Crypto Investment Products Experience $147M Outflow

Global investment products focused on crypto, managed by firms such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares, have witnessed a significant reversal after a remarkable three-week net inflow period, with $147 million exiting these funds last week. This development marks a sharp decline from nearly $2 billion in inflows

October 7, 2024 1 min read
Memecoins Lead Market Recovery by Hitting New Highs

Memecoins Lead Market Recovery by Hitting New Highs

The cryptocurrency market is experiencing a bullish revival after a brief downturn, with the overall market up 2% and trading volume surging by 62%. Bitcoin, the leading cryptocurrency, has increased by 2%, while Ethereum has risen by 1.2%.  Currently, the total volume in DeFi stands at $3.19 billion, accounting for

October 7, 2024 3 mins read
Could Trump Lead in the Election Polls Signal a Shift for Crypto?

Could Trump Lead in the Election Polls Signal a Shift for Crypto?

Donald Trump has taken a slight 3% lead in the U.S. presidential polls ahead of the November 2024 election, with his pro-crypto stance drawing significant attention from both traditional and digital markets. His recent endorsement of Bitcoin, alongside calls for a strategic U.S. Bitcoin reserve, has positioned him as a

October 7, 2024 2 mins read
Vitalik Buterin Advocates for SuperchainERC20 Protocol Update

Vitalik Buterin Advocates for SuperchainERC20 Protocol Update

Ethereum co-founder Vitalik Buterin has recently backed a significant update to the SuperchainERC20 protocol, detailed in a GitHub pull request by Optimism. This redesign introduces a new cross-chain interface, aimed at fostering collaboration among Ethereum infrastructure entities and solidifying a more unified ecosystem. The update seeks to revamp the SuperchainERC20

October 5, 2024 2 mins read
Will Bitcoin Uptober Downturn Trigger a Steeper Drop?

Will Bitcoin Uptober Downturn Trigger a Steeper Drop?

Bitcoin (BTC) has started October on a bearish note, trading at $62,277.28, with a slight 1.4% uptick in the past 24 hours, after hitting a two-week low of $59,828 just three days ago. Over the past week, Bitcoin has declined by 5%, with its trading volume down by 20%. Despite

October 5, 2024 2 mins read
Charles Hoskinson Declares Cardano "Number 1" Amid Market Challenges

Charles Declares Cardano “Number 1” Amid Market Challenges

Cardano founder Charles Hoskinson recently expressed confidence in X, declaring the proof-of-stake blockchain as still “number 1,” highlighting its unique edge in decentralized governance compared to competitors. He teased more “amazing” developments on Cardano’s roadmap, including its consensus mechanism, Ouroboros, and the recently launched Chang hard fork, which facilitates decentralized

October 5, 2024 2 mins read
Are SHIB Resistance Levels Poised for a Breakthrough?

Is Shiba Inu Set for a Comeback Despite Recent Price Drops?

Shiba Inu (SHIB) has experienced significant price volatility, recently surging past $0.00001773 before settling at $0.00001739—a jump of 8% in the past 24 hours despite a weekly decline of 12%. This fluctuating movement has created a wave of uncertainty among traders and investors in the cryptocurrency market. However, on-chain metrics

October 4, 2024 2 mins read
Can Base Sustain Its Growth Amid Increasing Competition?

Can Base Sustain Its Growth Amid Increasing Competition?

The Base ecosystem, Coinbase’s Layer 2 network, had a standout month, with several tokens recording triple-digit gains over the past 30 days. Among these, AERO gained attention with its impressive 184,000 holders, more than double that of its main competitor, ALB. Memecoin DEGEN, however, stole the spotlight, boasting the highest

October 4, 2024 2 mins read
: Can DOGE Recover from Market Lows Amid Whale Purchases?

Can DOGE Recover from Market Lows Amid Whale Purchases?

Dogecoin (DOGE) is witnessing turbulent market conditions, despite a 5.48% price surge to $0.1086 today. This comes after the coin hit a 14-day low of $0.10108 yesterday. Over the past week, DOGE has declined by 12%, with market bears exerting pressure. Notably, trading volume fell by 9%, signaling a potential

October 4, 2024 2 mins read
Crypto Investment Products Face $147M Outflow, Ending Inflow Streak

Whales Bet Big on Bitcoin Despite Market Weakness

Bitcoin has struggled to maintain momentum in the first few days of “Uptober,” a month typically marked by bullish sentiment. Despite high community expectations for Bitcoin to surpass $70K, the flagship cryptocurrency recently hit a 16-day low. Over the past week, Bitcoin has dropped 6%, primarily due to macroeconomic factors.

October 4, 2024 2 mins read