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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

Dogecoin (DOGE) Faces Selling Pressure, Will $0.1 Support Hold?

Dogecoin Faces a 23% Decline Heading to Yearly Low

In the past 24 hours, Dogecoin (DOGE) has displayed a sharp decline of over 23%, plummeting from a high of $0.11898 to a low of $0.09166. This drop brings DOGE closer to reaching a new low for the year and reflects the broader impact of Bitcoin’s recent slide to $53,000,

July 5, 2024 2 mins read
Friend.tech Falls 40% to All-Time Low as It Stays on Base Network

Friend.tech Falls 40% to All-Time Low as It Stays on Base Network

While the global crypto market faces a downturn with Bitcoin (BTC) dropping to the $57,000 zone, Friend.tech (FRIEND) recorded a new all-time low. According to the CoinMarketCap data, it dropped over 42.46% from the high of $0.4483 to the all-time low of $0.3062—a level not seen since its launch in

July 4, 2024 1 min read
Mt. Gox Redemption Alarms Sell-Off Pressure on BTC and BCH

Mt. Gox Redemption Alarms Sell-Off Pressure on BTC and BCH

Today, Mt. Gox initiated small transfer tests at 12:21 UTC+8, involving transactions such as sending 0.0001 BTC to Bitbank’s hot wallet and 0.0001862 BTC to unmarked addresses. These activities highlighted the anticipated distribution of 140,000 BTC and 143,000 Bitcoin Cash (BCH) by Mt. Gox, scheduled between July and October. Concerns

July 4, 2024 2 mins read
Bitwise Advances Ethereum ETF Filings and Expects to Launch Next Week

Bitwise Advances Ethereum ETF Filings and Expects to Launch Next Week

In the realm of cryptocurrency investments, developments are unfolding amidst regulatory uncertainty and market fluctuations. Bitwise, an asset management firm, has advanced its plans with the United States Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF).  According to a filing on July 3, the firm

July 4, 2024 2 mins read
Scammers Drain $240,000 in NFTs on Blur Marketplace

Scammers Drain $240,000 in NFTs on Blur Marketplace

In a concerning development for the crypto community, an adept scammer has executed a phishing scam on the Blur marketplace, making off with non-fungible tokens (NFTs) valued at approximately $239,676.  The victim, known as 0xQuit on X (formerly Twitter), reported the theft. That involved six Bored Ape Yacht Club NFTs,

July 3, 2024 1 min read
Is SHIB Ready for a Big Move with Lead Developer's Japan Talks?

Is SHIB Ready for a Big Move with Lead Developer’s Japan Talks?

Shiba Inu, a leading memecoin, has once again come to the spotlight. Shytoshi Kusama, the lead developer of the SHIB ecosystem, is currently in Kyoto, Japan, hinting at a significant moment for the project.  According to a post on X (aka Twitter), his visit isn’t just tourism, focusing on transitioning

July 3, 2024 1 min read
Toncoin and Cardano Lead Gains Amid Crypto Market Slump

Toncoin and Cardano Lead Gains Amid Crypto Market Slump

The global cryptocurrency market has displayed a notable downtrend recently. Following a substantial price surge, Bitcoin (BTC) briefly climbed above $63,700 before experiencing a decline that mirrored the overall market trend. In the past 24 hours, the global crypto market saw a bearish reversal, dropping over 2.32% to $2.26 trillion.

July 3, 2024 2 mins read
Is Binance US Ready for a Protracted Legal Battle with the SEC?

Is Binance US Ready for a Protracted Legal Battle with the SEC?

Binance US, the American arm of the giant cryptocurrency exchange, is prepared for an extended legal battle with the Securities and Exchange Commission (SEC). The company emphasizes its commitment to regulatory compliance while criticizing the SEC’s approach to enforcement. Despite a prolonged 11-month discovery process, the US entity claims that

July 2, 2024 1 min read
Is Ethereum Set for a Major Upswing or Continued Correction?

Is Ethereum Set for a Major Upswing or Continued Correction?

Over the weekend, the Ethereum market displayed a bullish trend and enjoyed a 5% jump to the $3,500 resistance zone. However, the momentum couldn’t be sustained as the cryptocurrency initiated declined below the $3,450 mark. This resistance has been a recurring challenge since June 6, when Ethereum failed to break

July 2, 2024 2 mins read
What’s Happening in the US Markets with Crypto

What’s Happening in the US Markets with Crypto

The US Marshals Service (USMS) has taken a significant step by partnering with Coinbase Prime to oversee its large-cap digital assets. The USMS, responsible for asset forfeiture under the Department of Justice, will support Coinbase’s custody and advanced trading services through a $32.5 million contract. This collaboration highlights the growing

July 2, 2024 1 min read