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Sarala

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.

Posts by Sarala

Once Again Euro Sinks to Lowest Level Against US Dollar

Euro Slides To Its 20-Year Low, USD Soon To Flip EUR

For the first time in 20 years, the US dollar has surged over the euro. Euro surges over 40% from its all-time high of €1.5990. The euro’s common currency exchange rate turned closer in line with the US dollar, as heat concerns and the risk of economic downturn weighed on

July 12, 2022 2 mins read

Fifth Largest Swiss Bank Offers Crypto Trading and Custody Services

PostFinance allows its customers to trade Bitcoin by 2024. Last year, revenues from Swissqoute crypto trading services were over $103 million. The Swiss Post Office has announced plans to expand its cryptocurrency offering by launching a trading and custody service through its banking arm PostFinance. Despite the volatile cryptocurrency market,

July 12, 2022 1 min read
Celsius Network Minimizes Debts Amid Bankruptcy Battle

Celsius Network Minimizes Debts Amid Bankruptcy Battle

Celsius Network paid off $113,105,000 on its Aave and Compound loans. Celsius freed up more than $450 million in collateral. Since last week’s wave of bitcoin loan repayments, the troubled cryptocurrency lender Celsius Network which has suspended customer withdrawals due to liquidity issues has paid off $113 million on its

July 12, 2022 2 mins read
MT. Gox’s Bitcoin Facing Huge Dump After Shinzo Abe's Death

MT. Gox’s Bitcoin Facing Huge Dump After Shinzo Abe’s Death

Bitcoin traded at $20,458 with a trading volume of $26 billion. Mt. Gox sold 25,000 Bitcoins in 2018 for around $260 million. MT. Gox, a Tokyo-based cryptocurrency exchange ranked as the most significant Bitcoin exchange in the world before it lost 850,000 BTC in 2014. Now it has transferred 150,000

July 11, 2022 1 min read
Court Denies SEC’s Motion To Revoke Amici Status and Bar John Deaton

Is SEC Being Against Public’s right to Access in Ripple Case?

Ripple criticizes the SEC for their unprecedented request. The court ordered SEC to present its case for sealing by June 14. The Security Exchange Commision (SEC) is taken the extreme position that the identities of its experts and any significant commentary of their reports should remain secret request for an

July 11, 2022 2 mins read
Kevin O’Leary Criticizes Coinbase CEO for Going Against SEC

Kevin O’Leary Foresees Further Dips In The Crypto Market

Kevin O’Leary holds the 32nd position in the digital asset sector. Kevin is still on the lookout for a significant capitulation event. In a recent interview with the investment channel on YouTube, Shark Tank star and venture capitalist Kevin O’Leary stated his belief that digital assets have not bottomed out.

July 11, 2022 1 min read
NFT Platform Azuki Introduces Physical Backed Token (PBT)

Polygon Network Supporting NFTs Buy Now Pay Later

A buy-now, pay-later option for NFTs has been introduced by Teller. 10 prominent NFT projects are supported by the Polygon network. Teller Finance, a decentralized finance (DeFi) lending platform, has introduced a new feature that allows users to buy now pay later (BNLP) for non-fungible tokens. “Ape Now, Pay Later”

July 8, 2022 1 min read
US Treasury Sends In The Crypto Regulation Framework To The President

US Treasury Sends In The Crypto Regulation Framework To The President

The U.S. Treasury announced on Thursday, that it had presented “a framework” to US president Joe Biden for collaboration with their overseas counterparts  and an interagency strategy to address the advantages and disadvantages of cryptocurrency. Under the White House executive order, which was released in March. The U.S. Treasury had

July 8, 2022 2 mins read
Will Tether USDT be overtaken by USDC as it declines?

Will Tether USDT Be Overtaken by USDC as It Declines?

USDT market cap dropped below $70 billion. The number of significant accounts holding USDT has decreased. After Terra’s collapse Tether (USDT) became the largest stablecoin by trading volume, but  the amount of supply held by addresses holding between $100,000 and $10 million USDT has almost reached a three-year low. The

July 7, 2022 2 mins read
Affyn’s NFT Sets A Record-breaking First Public Sales

Affyn’s NFT Sets A Record-breaking First Public Sales

Generation Zero Buddies within 100 seconds. Buddies were in very high demand due to their remarkable qualities. In less than 100 seconds the Singapore-based blockchain firm Affyn officially sold the collection of Generation Zero Buddies” (Gen 0) NFTs. This first group of 400 Gen 0 NFTs, also referred to as

July 7, 2022 1 min read