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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

Shiba Inu Investor Withdraws 350B SHIB Amidst Crypto Market Uptick

In the recent downtrend from the volatile cryptocurrency markets, Shiba Inu (SHIB) has been grappling with a turbulent phase amid a broader market correction. Today, a notable event has caught the attention of market observers: a major whale withdrew a substantial amount of Shiba Inu tokens from Binance, amounting to

June 20, 2024 1 min read
LayerZero (ZRO) Gains Momentum with Listings on Major Crypto Exchanges

LayerZero (ZRO) Gains Momentum with Listings on Major Crypto Exchanges

Despite a sluggish performance in the global cryptocurrency market over the past fortnight, new projects and developments continue to create buzz. In the queue, LayerZero, an omnichain interoperability protocol, has garnered significant support from the crypto community following a successful airdrop. This led to the listing of its native token,

June 20, 2024 1 min read
Jupiter's J4J Plan Aims to Boost JUP Value with 30% Supply Burn

Jupiter’s J4J Plan Aims to Boost JUP Value with 30% Supply Burn

While the global crypto market is bleeding, Jupiter, a leading DEX aggregator, has unveiled a bold proposal aimed at stabilizing its native cryptocurrency, JUP. Meow, the co-founder of Jupiter, who goes by that name on X (formerly Twitter), introduced the J4J plan, which advocates for a 30% reduction in JUP’s

June 20, 2024 2 mins read
Cardano Breaches $1 as On-Chain Metrics Signal Strong Holder Confidence

Cardano (ADA) Targets $1 Amid Bullish Signals

Amidst evolving regulatory landscapes in the cryptocurrency market, Ethereum has received a boost as the SEC concluded its investigation, signaling positive sentiment for the digital asset. This development has injected optimism into the global crypto market, prompting a potential recovery outlook. In the past 24 hours, Cardano (ADA) has displayed

June 19, 2024 1 min read
Can Ethereum (ETH) Defy the Odds and Rise in September?

Ethereum Surges Past $3.5K as SEC Closes Investigation on ETH Sales

The global cryptocurrency markets saw a slight recovery today as Ethereum (ETH) spiked over 6% to above $3,500 following news of the U.S. Securities and Exchange Commission (SEC) closing its investigation into ETH sales. This bullish trend extended across Ethereum and other altcoins. Consensys Software, an Ethereum developer, confirmed in

June 19, 2024 2 mins read
Will PEPE's 15% Rally Lead to a Breakout or a Downturn?

Will PEPE’s 15% Rally Lead to a Breakout or a Downturn?

In the ongoing bearish phase for the cryptocurrency market, Bitcoin (BTC) has plummeted to a monthly low of $64,000, triggering a ripple effect among major altcoins. However, the crypto market displayed a glimmer of positivity today, particularly within the memecoin sector, where certain tokens are showing significant recovery. A standout

June 19, 2024 2 mins read
SHIB Faces Intense Pressure as Market Fluctuations Continue

SHIB Faces Intense Pressure as Market Fluctuations Continue

Amidst the recent downturn in the crypto market, Shiba Inu (SHIB) has displayed significant price swings, sinking approximately 14.48% over the last 24 hours to hit a three-month low of $0.0000173, a level not seen since March. This decline reflects broader market movements worsening SHIB’s downtrend. Instead of efforts to

June 18, 2024 2 mins read
Tether Launches Gold-Backed Stablecoin Tied to US Dollar

Tether Launches Gold-Backed Stablecoin Tied to US Dollar

Tether, the company behind the popular USDT stablecoin, has unveiled Alloy, a pioneering platform on Ethereum designed to mint a gold-backed stablecoin pegged to the U.S. dollar.  aUSDT, the first Tethered asset, just launched!aUSDT is a synthetic dollar over-collateralised by XAUt (Tether Gold). Alloy by Tether is an open platform

June 18, 2024 2 mins read
Notcoin (NOT) Faces 11% Decline Post-Airdrop

Notcoin (NOT) Faces 11% Decline Post-Airdrop

The well-known cryptocurrency Notcoin (NOT) has seen a significant 18.3% decline, dropping from $0.02071 to $0.0175, since the end of its recent airdrop claim period on Sunday. At the time of writing, Notcoin is trading at $0.01804 with a market cap of $1.85 billion. In the last 24 hours, Notcoin’s

June 17, 2024 1 min read