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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

Celsius Token Surges 300% in a Month After $2.5B Repayment to Creditors

Celsius Distributes Over $2.5 Billion to Creditors Amid Bankruptcy

Celsius Network’s bankruptcy proceedings have concluded. Celsius’ bankruptcy administrator distributed over $2.53 billion to approximately 251,000 creditors. This distribution, representing roughly 93% of the total eligible value, was completed in both liquid cryptocurrency and cash, using valuation prices from January 16. However, despite the substantial progress, not all creditors have

August 27, 2024 2 mins read
Nigerian Court Denies Bail for Binance's Compliance Chief

Nigerian Court Advances Binance Money Laundering Case to September

A Nigerian court is bringing forward the hearing of a money laundering case involving Binance, the world’s largest cryptocurrency exchange, and two of its executives. The case, initially set for October 11, will now be heard on September 2, involving allegations of laundering over $35 million and tax evasion. This

August 27, 2024 2 mins read
Will DOGS Meme Coin Recover After a 30% Price Plunge?

Will DOGS Meme Coin Recover After a 39% Price Plunge?

DOGS, a new Telegram-native meme coin launched on August 26, 2024, dropped sharply in value despite gaining significant attention in the crypto community. Over the last 24 hours, the token saw its price tumble more than 39%, falling from a peak of $0.001856 to a low of $0.001129. This downturn

August 27, 2024 2 mins read
FLOKI Leads the Meme Coin Rally with a 37% Surge

FLOKI Leads the Meme Coin Rally with a 37% Surge

The FLOKI meme coin has taken the spotlight in the ongoing meme coin rally, posting a 37% price increase over the past week. This surge has placed FLOKI at the forefront of the meme coin market, drawing significant attention from investors. FLOKI’s price has seen a substantial rise, climbing from

August 26, 2024 2 mins read
TRON (TRX) Hits Multi-Year High Amid SunPump Frenzy and Network Upgrades

TRON (TRX) Hits Multi-Year High Amid SunPump Frenzy and Network Upgrades

TRON’s native cryptocurrency, TRX, has reached a multi-year high of $0.1681, a level last seen in January 2018. This surge is closely linked to the TRON community’s recent decision to increase the network’s energy cap to 120 billion, a move that has significantly boosted network activity and reduced transaction fees. 

August 26, 2024 2 mins read
FET Outperforms Major Cryptos with a 70% Weekly Gain

FET Outperforms Major Cryptos With a 70% Weekly Gain

While the global crypto market is displaying mixed price actions today, the Artificial Superintelligence Alliance (FET) has emerged as a top performer. Bitcoin (BTC) remains above $64,000 and Ethereum (ETH) trades near $2,800. FET has rallied nearly 20%, climbing from a low of $1.17 to a high of $1.40. Over

August 26, 2024 2 mins read
Can Bitcoin Bulls Overcome Whale Selling Pressure?

Bitcoin Surges Near $65K as Fed Signals Rate Cuts

In the latest crypto market update, Bitcoin has surged past $65,000 following signals from Federal Reserve Chairman Jerome Powell that rate cuts may be on the horizon. Powell’s comments on cooling inflation and concerns about labor market weakness have fueled optimism among investors, pushing Bitcoin’s price up by over 6.79%

August 24, 2024 2 mins read
China Extradites Architect of 100 Billion Yuan Crypto Scam

China Extradites Architect of 100 Billion Yuan Crypto Scam

China’s efforts to clamp down on cryptocurrency-related crimes and enforce stricter regulations have taken a significant step forward. Zhang Moumou, the central figure in a vast crypto pyramid scheme, has been extradited to China from Thailand after an intense international search. This breakthrough marks the first time China has successfully

August 23, 2024 2 mins read
Sony Group Unveils New Ethereum Layer-2 Blockchain Soneium

Sony Group Unveils New Ethereum Layer-2 Blockchain Soneium

Sony Group, the global conglomerate, is making a major entry into the blockchain space with the announcement of Soneium, a new Ethereum Layer-2 blockchain developed in partnership with Startale Labs. This innovative project aims to address key challenges in scalability and user experience, setting the stage for broader mainstream adoption

August 23, 2024 2 mins read
Will Ethereum Overcome Market Struggles and Break $3000?

Will Ethereum Overcome Market Struggles and Break $3000?

As new spot exchange-traded funds (ETFs) enter the U.S. market, Ethereum, the second-largest cryptocurrency by market cap, continues to grapple with substantial difficulties. Despite recent efforts to reach new price peaks, ETH has struggled to surpass the crucial $3,000 resistance level, contending with market fluctuations and waning dominance compared to

August 22, 2024 2 mins read
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