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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

Hong Kong Plans to Exempt Crypto Gains Tax

Hong Kong Plans to Exempt Crypto Gains Tax

While several countries are imposing heavy taxes on cryptocurrency gains, Hong Kong is easing the burden. Hong Kong plans to propose a tax exemption on cryptocurrency gains for institutional investors. According to a 20-page proposal seen by the Financial Times, the exemptions would extend beyond crypto to include a variety

November 28, 2024 2 mins read
Bitwise Seeks SEC Approval for 10 Crypto Index ETF

Bitwise Seeks SEC Approval for 10 Crypto Index ETF

Digital asset manager Bitwise has officially filed an application with the U.S. Securities and Exchange Commission (SEC) for an exchange-traded fund (ETF) based on its existing 10 Crypto Index Fund. The filing, submitted on Nov. 27, seeks approval for a new ETF created to provide investors with indirect exposure to

November 28, 2024 2 mins read
TRUMP Becomes Top Fourth Memecoin By Market Cap, Surpassing $4B

President Trump Assembling a Bitcoin Army Says Lummis

The excitement for new announcements and developments, particularly President-elect Donald Trump, pushes the Bitcoin market to new highs. Today, the market reacted to another level with Senator Cynthia Lummis’s new statement linking Trump to pro-Bitcoin initiatives.  Sharing a video on Twitter, Lummis claimed, “President Trump is assembling an army to

November 27, 2024 1 min read
Fantom (FTM) Ends Prolonged Bearish Trend with 60% Surge

Fantom (FTM) Ends Prolonged Bearish Trend with 60% Surge

While the global crypto market is stumbling due to Bitcoin’s sudden plunge to the $91K zone, Fantom (FTM) has emerged as the top gainer, surging to a 9-month high. Over the past 24 hours, FTM has climbed 21.74%, rising from a low of $0.9282 to an intraday peak of $1.13—a

November 27, 2024 3 mins read
Bitcoin Pullbacks to $91K Following Major Liquidations

Bitcoin Pullbacks to $91K Following Major Liquidations

Just an hour before, Bitcoin (BTC) saw a significant drop in the Asian trading hours, plunging into the $91K range after a loaded crypto liquidation totaling $687 million. BTC alone accounted for $178.25 million in liquidations, reflecting the market’s struggle with overheating leverage positions and profit-taking among holders.  Over the

November 26, 2024 1 min read
Will Dogwifhat (WIF) Fight Back After a 13% Drop?

Bitcoin’s Sudden Plunge to $92K Erases Dogwifhat’s 15% Gains

Earlier today, the largest Solana-based memecoin, dogwifhat (WIF), saw its price climb by over 15.91%, rising from a low of $3.08 to a high of $3.57 following its listing on popular crypto exchange Robinhood. This surge was triggered by a cryptic post from the exchange on Monday, featuring the iconic

November 26, 2024 3 mins read
Rumble Expands Treasury Holdings with $20M Bitcoin Investment

Rumble Expands Treasury Holdings with $20M Bitcoin Investment

While the flagship cryptocurrency Bitcoin is hitting new highs every day, Rumble, the popular video platform known for its conservative audience, is making a significant shift in its financial strategy by investing in Bitcoin. On Monday, the company’s Board of Directors approved a plan to allocate a portion of its

November 26, 2024 2 mins read
XRP Surges After Ripple Unveils First-Ever Tokenized Money Market Fund

XRP Surges After Ripple Unveils First-Ever Tokenized Money Market Fund

Today, Ripple, the leading digital asset infrastructure provider, has teamed up with Archax, the first UK-based FCA-regulated digital marketplace, and asset manager ABRDN PLC to launch the first-ever tokenized money market fund on the XRP Ledger. Today, in partnership with @ArchaxEx and @abrdn_plc, we’re excited to announce the first tokenized

November 25, 2024 1 min read
Avalanche Hits 7-Month High Above $45 Amid November Bull Run

Avalanche Hits 7-Month High Above $45 Amid November Bull Run

Today, Avalanche (AVAX) has captured attention with a remarkable performance, hitting a seven-month high as Bitcoin reclaims the $98K zone. Over the past 24 hours, AVAX has surged by over 22%, climbing from $38.78 to an intraday peak of $47.63—a level not seen since April. At the time of writing,

November 25, 2024 2 mins read
Top GameFi Tokens to Watch Before 2024 Ends

Top GameFi Tokens to Watch Before 2024 Ends

The global crypto market is balancing between gains and losses. Bitcoin has been breaking its all-time high multiple times in the last few days, sitting at under $100K. After two weeks of nonstop performance, slight falls were witnessed today as BTC dropped to the $97K zone, resulting in a 1.09%

November 25, 2024 5 mins read