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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

Binance Coin (BNB) Shows Resilience Despite Regulatory Uncertainties

Will Binance Coin (BNB) Break Through the $600 Barrier?

As Bitcoin grapples with a downtrend, many top altcoins are experiencing significant declines. However, Binance Coin (BNB) turns positive in this turbulent market. Recent developments surrounding Binance and its former CEO, Changpeng Zhao, could be fueling this optimism. Following a prolonged legal dispute, the U.S. Securities and Exchange Commission (SEC)

July 31, 2024 2 mins read
Dogecoin (DOGE) and Top Meme Coins Experience Major Drops

Dogecoin (DOGE) and Top Meme Coins Experience Major Drops

As the global cryptocurrency market continues to evolve, recent developments have sparked optimism in the crypto market. Bitcoin (BTC) has bounced and maintained its position above $66,000 despite the ripple effects of the Mt. Gox Bitcoin selloff. Meanwhile, broader market sentiment has turned positive with the anticipated resolution of the

July 31, 2024 2 mins read
Bitcoin Dips Over 5% Amid Fresh Mt. Gox Wallet Activity

Mt. Gox Moves Billions in Bitcoin for Final Creditor Repayments

Mt. Gox has taken significant steps to resolve the aftermath of its infamous 2014 hack. In the past 6 hours, the defunct crypto exchange has moved a substantial amount of Bitcoin, signaling the final phases of creditor repayments. According to the blockchain analytics firm Arkham Intelligence, the exchange transferred 33,964

July 31, 2024 2 mins read
COMP Token Drops 6% Amid Governance Manipulation Allegations

COMP Token Drops 8% Amid Governance Manipulation Allegations

In a dramatic turn of events for the Compound protocol, the price of its native token, COMP, has plummeted over 6%. This decline follows allegations of a governance attack that has thrown the Decentralized Autonomous Organization (DAO) that runs Compound into a mess. A governance attack is a malicious attempt

July 29, 2024 2 mins read
Can Bitcoin Break $70K in August Amid New US Crypto Plans?

Can Bitcoin Break $70K Before August Amid New US Crypto Plans?

After Bitcoin’s month-long consolidation, this week turned positive for the global cryptocurrency market with a series of pivotal events and announcements. Bitcoin has shown a strong bounce, trading nearly 15% higher on the monthly chart and nearing the $70,000 zone. This upward movement follows the Bitcoin conference over the weekend,

July 29, 2024 3 mins read

What Drove Aave (AAVE) Price Up by Over 20%?

Amidst the market upturn, the leading altcoin Aave (AAVE), has emerged as a leading performer, climbing over 21% in the last 24 hours and topping the gainers’ list. According to CoinMarketCap, the token’s price surged over $103 from its low of $85. The price of AAVE soared due to a

July 26, 2024 2 mins read
Solana (SOL) Targets New High with Positive Momentum

Solana (SOL) Targets New High with Positive Momentum

As global crypto markets react to Bitcoin’s price surge and Ethereum ETF news, Solana (SOL) has come into the spotlight, with its price climbing to the $180 zone. The latest buzz centers around the potential filing for a Solana ETF by Franklin Templeton, a prominent global asset management firm known

July 26, 2024 2 mins read
Jersey City to Invest Pension Fund in Bitcoin ETFs

Jersey City to Invest Pension Fund in Bitcoin ETFs

Jersey City Mayor Steven Fulop has announced a plan to allocate a portion of the city’s pension fund to Bitcoin exchange-traded funds (ETFs). This move revealed in a social media post on July 25, signals a significant shift in the city’s financial strategy for including cryptocurrencies. Currently, the Jersey City

July 26, 2024 2 mins read
XRP Bulls Eyeing $1.50 Amid Bearish Hold

XRP Stabilizes Above $0.60 as Market Awaits Ripple-SEC Settlement

XRP is currently exiting the downward correction and holding steady above the $0.60 zone as market participants eagerly await a pivotal meeting between Ripple and the U.S. Securities and Exchange Commission (SEC). The cryptocurrency experienced a notable ascent over the past week, forming a bullish ascending triangle pattern and peaking

July 25, 2024 2 mins read
What India’s Finance Ministry Thinks About DeFi and Its Risks

India to Unveil Crypto Policy Discussion Paper by September

Economic Affairs Secretary Ajay Seth revealed that India will release a discussion paper on its cryptocurrency policy before September. This document seeks stakeholder feedback and will outline potential regulatory frameworks beyond the current focus on anti-money laundering (AML) and counter-terrorism financing (CTF) standards. According to the local news outlet, this

July 25, 2024 1 min read
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