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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

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
What Prompted Binance to List ZKsync (ZK) Trading Pairs?

What Prompted Binance to List ZKsync (ZK) Trading Pairs?

In response to community concerns and following in the footsteps of several other leading exchanges, Binance, the world’s largest crypto exchange, has officially announced the listing of ZKsync (ZK) trading pairs. This move comes amidst ongoing scrutiny over the airdrop of ZK tokens and marks a pivotal moment for ZKsync,

June 17, 2024 2 mins read
Turkey Plans Crypto Tax Amid Fiscal Overhaul

Turkey Plans Crypto Tax Amid Fiscal Overhaul

The Turkish authorities are considering imposing a 0.03% tax on cryptocurrency transactions. The plan is focusing on generating additional revenue as the country grapples with budget challenges following last year’s earthquakes.  According to the Bloomberg report, Turkish retail investors favor this new tax on crypto trading as a hedge against

June 14, 2024 1 min read
Bitcoin

Bitcoin Price Drops to $66K, Will BTC Fall Even Further?

Bitcoin (BTC), the premier cryptocurrency, has displayed significant volatility this week, falling over 3% in the past 24 hours to touch $66,304 after a brief recovery to $68,000 on Thursday. This drop comes in the wake of the Federal Reserve’s decision to maintain the interest rate at 5.25% to 5.50%,

June 14, 2024 2 mins read
US Crypto Community Divided Over Biden's New Tax Reporting Rules

Joe Biden’s Crypto Donation Proposal Sparks Debate in the Crypto Community

US President Joe Biden is considering accepting cryptocurrency donations via Coinbase Commerce, which has created criticism within the crypto community. This decision follows former President Donald Trump’s recent adoption of crypto donations for his campaign, marking a significant shift in Biden’s stance, as he had previously criticized Trump for his

June 13, 2024 2 mins read
io.net (IO) Soars to $6 ATH Driven by High Trading Activity

io.net (IO) Soars to $6 ATH Driven by High Trading Activity

Today, the price of io.net (IO) piqued 70%, hitting a new all-time high of $6.45. The Solana based, Binance’s 55th project IO initially displayed a 20% drop post-launch on Binance. However, io.net has now shown a strong rally, climbing to a market cap of over $558 million. At the time

June 13, 2024 1 min read

Bitcoin Surges To $69K Amidst Lower Than Expected Inflation Rate

Today, Bitcoin (BTC) surged by 4%, propelling its price from $67,700 to $69,506, following the release of the U.S. Consumer Price Index (CPI) data, which showed a lower-than-expected inflation rate of 3.3% for May. This comes amidst anticipation over the Federal Reserve’s decisions on interest rate cuts. The highly anticipated

June 12, 2024 1 min read
Baby Doge Coin Hits New Weekly High Amid New Listing

Baby Doge Coin Hits New Weekly High Amid New Listing

While the global cryptocurrency market remains sluggish and is awaiting the release of the US May 2024 Consumer Price Index (CPI) report, which is scheduled for June 12 at 12 p.m. UTC, Baby Doge Coin (BabyDoge) has seen a significant rally, jumping over 38% in the past day from $0.000000001621

June 12, 2024 1 min read
Shiba Inu Burn Rate Jumps Over 65,500% as Millions of SHIB Vanished

Shiba Inu Burn Rate Spikes 2800% Amidst SHIB Price Decline

Despite a 4.23% drop in Shiba Inu’s price, the memecoin displayed a 2,800% rally in its burn rate over the past 24 hours, removing nearly 8 million tokens from circulation. More than half of this amount was burned in a single transaction about 21 hours ago. The burning mechanism will

June 11, 2024 2 mins read
zkSync Token Launch Spurs Initial Surge, Faces Subsequent Decline

zkSync (ZK) Advances with Major Updates, What You Need to Know

As 2024 continues to see positive developments in the crypto space, zkSync, a prominent Ethereum Layer 2 scaler by Matter Labs, has made a significant announcement—plans to airdrop nearly 3.68 billion ZK tokens next week. According to the distribution plan, 89% of the airdrop will be allocated to zkSync users

June 11, 2024 1 min read