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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

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
Tether Mints $1B USDT on Tron, Hits $33B in Yearly Issuance

Tether Enables USDT Payments for Philippines Social Security System

Tether, the world’s largest stablecoin issuer, has launched a new payment option for Filipino citizens. Through a partnership with Web3 firm Uquid, Tether now enables citizens in the Philippines to settle their Social Security System (SSS) contributions using USDT, a stablecoin pegged to the US dollar, on The Open Network

July 1, 2024 1 min read
Mog Coin Overtakes BOME with 100% Surge in Market Cap

Mog Coin Overtakes BOME with 100% Surge in Market Cap

Today, the global cryptocurrency market has shifted to a positive trend, with memecoins making significant strides. Among these, Mog Coin (MOG), an Ethereum-based memecoin, has seen a substantial increase in value, outpacing its competitor, BOOK OF MEME (BOME), in market cap and hitting an all-time high of $0.000002095. Over the

July 1, 2024 1 min read
Bitcoin (BTC) Shoots 5% Rally, a Sign of Rebound?

Bitcoin (BTC) Shoots 5% Rally, a Sign of Rebound?

Bitcoin (BTC) has displayed a significant surge, gaining over $3,000 in the past 24 hours and climbing to a high of $63,787. This increase comes as the weekend ends with higher trading volume and activity in the new week.  The price of Bitcoin has stabilized above the $63,000 mark, setting

July 1, 2024 2 mins read
XRP Price Consolidates Near $0.47 Amidst Ongoing Legal Uncertainty

Is Ripple (XRP) Headed for a Significant Breakout?

Today, the global cryptocurrency markets saw a modest uptick, with Ripple’s XRP showing a 2.62% gain over the past 24 hours, rising from a recent low of $0.4678 to a high of $0.48. This follows a recent dip, prompting speculation among analysts of a potential bullish reversal.  At the time

June 28, 2024 2 mins read
South American Country Bolivia Lifts 4-Year Ban on Bitcoin

South American Country Bolivia Lifts 4-Year Ban on Bitcoin

After 4 years, the Central Bank in Bolivia has officially reversed its 2020 ban on Bitcoin and other cryptocurrencies.  The Central Bank of Bolivia (BCB) announced on June 26 that it permits financial institutions to engage in cryptocurrency transactions via authorized electronic channels, line up with neighboring Argentina’s more permissive

June 28, 2024 1 min read

ENS Token Surges Over 8% Amid Rebranding Announcement

The old and well-known altcoin Ethereum Name Service (ENS) has shown a notable surge, rising over 8% in the last 24 hours. This increase comes following the announcement of an upcoming rebranding for ENS. At the time of writing, ENS is trading at $26.64 with a market cap of $834

June 27, 2024 2 mins read
Rarimo's RariMe Challenges Worldcoin in Identity Verification

Rarimo’s RariMe Challenges Worldcoin in Identity Verification

Today, Rarimo, a social protocol based on zero-knowledge (ZK) technology, launched its crypto app RariMe. This app introduces an innovative approach to identity verification, challenging established systems like Worldcoin’s. RariMe allows users to generate passport zero-knowledge proofs using smartphones, ensuring unique identity verification without compromising personal data. Unlike traditional frameworks

June 27, 2024 1 min read
ETH Sends Mixed Signals as Spot Ethereum ETF Launch in July

ETH Sends Mixed Signals as Spot Ethereum ETF Launch in July

The focus on the crypto market currently shifted towards anticipation surrounding spot Ethereum ETFs. Analysts predict initial inflows of up to $15 billion, sparking interest and speculation across the market. But the market has been fluctuating, with Ethereum experiencing a significant sell-off on Monday followed by a swift recovery on

June 27, 2024 2 mins read
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