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Nantha kumar

A passionate content writer with a background in journalism. Loves to explore and stay up-to-date with new technologies. Through his writing, he aims to share his knowledge and insights about the latest developments in the crypto world.

Posts by Nantha kumar

Goldman Sachs Upgrades Coinbase to Neutral Amid Stock Surge

Coinbase Invests in Circle While Maintaining a Commercial Relation

Coinbase, the leading crypto exchange, is increasing its support for stablecoins with an investment in Circle. Moreover, the stablecoin provider Circle and Coinbase will also maintain a commercial relationship. The two firms jointly launched the stablecoin USD Coin five years ago. Now the Circle will take full operational and governance

August 22, 2023 2 mins read
021 Doubles Down on Avalanche with Strategic Acquisition of Looty

Avalanche’s Token Unlock to Release AVAX Worth $103M

Avalanche (AVAX), a smart contract blockchain platform, is all set to make a significant move in the crypto market. The Avalanche blockchain’s native token, AVAX, is scheduled for its next token unlock this week, which will increase the supply of tokens available in the market. Token Unlocks, the token analytics

August 21, 2023 2 mins read
Jackson Hole 2023: Bitcoin's Price Faces Heat Ahead of Key Event

Bitcoin (BTC) Sticks to $26K Due to Massive Sell-Off, More Dump Incoming?

The crypto market has experienced a massive downtrend in the past few days. Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a slight recovery after falling below the $26K mark. However, the trading price of BTC is still around the $26,000 mark, showing strong bearish momentum. Before the recent dump,

August 21, 2023 2 mins read
XRP and LTC Became the Top Losers, Decline 17%

XRP and LTC Became the Top Losers, Decline 17%

The trillion-dollar crypto market witnesses yet another notable 24-hour drop of over 6%. Prices of the largest crypto members declining to further lows — Bitcoin (BTC) dropped below $26,500 and Ethereum (ETH) below $1,700 — drew major attention. Amid this downtrend, Ripple’s XRP and Litecoin (LTC) recorded maximum double-digit losses

August 18, 2023 2 mins read
Polygon Partners with SK Telecom to Develop Web3 Ecosystem

Polygon Partners with SK Telecom to Develop Web3 Ecosystem

Polygon Labs, the blockchain company, has entered into a partnership with the South Korean mobile giant SK Telecom. Through the collaboration, the firms aim to develop the Web3 ecosystem and identify potential startups. Moreover, both companies have signed an agreement at SK Telecom’s headquarters in Seoul. The integration with the

August 17, 2023 1 min read
RBI's Request to Include "Ban" in Reports Denied by FSB & IMF

RBI’s Request to Include “Ban” in Reports Denied by FSB & IMF

G20, an intergovernmental forum supported by the FSB and IMF under the Indian Presidency, set to introduce the first global crypto regulations ahead of the next summit in September. This announcement comes after the G20 revealed global rules for crypto firms with no options. Adding to that, the RBI wants

August 17, 2023 2 mins read
Bybit Partners with CertiK to Revolutionize Blockchain Security

Bybit Partners with CertiK to Revolutionize Blockchain Security

Crypto trading platform Bybit has announced a partnership with the leading security-focused ranking platform CertiK. The partnership aims to revolutionize the security system in the blockchain sector and also enhance the security and trustworthiness of the Bybit platform. This is expected to be a significant collaboration for the crypto exchange.

August 16, 2023 2 mins read
Bitcoin (BTC) Outperformed the S&P 500 in August

Bitcoin (BTC) Outperformed the S&P 500 in August

The popular analytics firm Santiment shared that the trading price of the world’s largest cryptocurrency, Bitcoin (BTC), has remained in a tight range of between $28K and $29K over the past few weeks. Yet, even with this bearish momentum, Bitcoin has outperformed the equities market S&P 500. The trading price

August 16, 2023 2 mins read
Former President Trump holds $250,000 Ethereum

Former President Trump Holds $250,000 Ethereum

Donald Trump, the former United States President, holds a substantial amount of cryptocurrency in an Ethereum wallet. The revelation underscores the evolving relationship between politics and cryptocurrencies. The wallet appears to be linked to a collection of non-fungible tokens (NFT) that he sold after leaving the White House. According to

August 12, 2023 1 min read
U.S. Senator, Crypto Lobbyists Back Coinbase Against SEC Lawsuit

U.S. Senator, Crypto Lobbyists Back Coinbase Against SEC Lawsuit

U.S. Senator Cynthia Lummis filed an amicus brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission’s lawsuit. This filing from the senator strengthens the exchange’s request to dismiss the SEC lawsuit. In the legal battle between Coinbase and the U.S. SEC, the crypto exchange requested that the

August 12, 2023 1 min read