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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

Coinbase to Enter Australia's Pension Sector with Crypto Offerings

Coinbase to Enter Australia’s Pension Sector with Crypto Offerings

Coinbase, a leading cryptocurrency exchange, is gearing up to introduce a specialized service aimed at Australia’s self-managed pension sector, according to insights shared by John O’Loghlen, the Managing Director for the Asia-Pacific region at Coinbase, says Bloomberg. The move comes as self-managed superannuation funds in Australia have increasingly shown interest

May 16, 2024 1 min read
Shiba Inu Whale Moves 3 Trillion SHIB to Robinhood, What to Expect?

Shiba Inu Whale Moves 3 Trillion SHIB to Robinhood, What to Expect?

Shiba Inu (SHIB), a meme-inspired cryptocurrency, has witnessed remarkable activity from whales, causing a stir among investors. In the early hours of May 16th, an unidentified whale made a significant move by transferring a staggering 3 trillion SHIB tokens, valued at approximately $75.9 million, from an undisclosed wallet to the

May 16, 2024 2 mins read
Millennium Management Drives Bitcoin ETF Boom with $2 Billion Investment

Millennium Management Drives Bitcoin ETF Boom with $2 Billion Investment

In a recent disclosure to the United States Securities and Exchange Commission (SEC), Millennium Management, a prominent global investment management firm, unveiled its substantial investment in spot Bitcoin Exchange Traded Funds (ETFs). According to the filing, Millennium’s Bitcoin ETF holdings make up 3% of its $64 billion fund as of

May 16, 2024 2 mins read
Cardano Price Maintains Positive Momentum as Market Rebounds

Cardano (ADA) Records Decent Gains, Analysts Optimistic for Future Growth

Cardano (ADA) has once again captured the attention of investors and analysts alike as it surged by 18% in the past six months, after breaking through the resistance level at $0.44. Market experts, buoyed by ADA’s current situation and its notable performance in 2021, are optimistic about its potential for

May 15, 2024 1 min read
Federal Court Orders Elon Musk Must Testify in SEC Investigation

Federal Court Orders Elon Musk Must Testify in SEC Investigation

Federal court orders Elon Musk to testify again in the Securities and Exchange Commission’s (SEC) investigation into his $44 billion Twitter takeover. The court ruled in favor of the SEC’s request after Musk refused to attend an initial interview in September 2023, claiming “harassment.”  The investigation centers on whether Musk

May 15, 2024 1 min read
El Salvador Mines $29 Million in Bitcoin with Volcano Energy

El Salvador Mines $29 Million in Bitcoin with Volcano Energy

El Salvador continues to solidify its position as a leading Bitcoin-centric nation, showcasing impressive strides in both Bitcoin mining and green energy initiatives. Recent reports indicate that the country has significantly bolstered its Bitcoin reserves, with the latest figures revealing a substantial increase. According to records, El Salvador has mined

May 15, 2024 2 mins read
Bitcoin Runes Protocol Faces Struggle for Sustained Momentum

Bitcoin Runes Protocol Faces Struggle for Sustained Momentum

The Bitcoin Runes protocol, hailed as a game-changer for faster and cheaper transactions, has seen a significant decline in activity and fee revenue since its much-anticipated launch following Bitcoin’s fourth halving. Despite an explosive start, with over 85,000 token issuances and $3 million in fees within its first 10 days,

May 14, 2024 1 min read
Bitcoin Jumps to $63K with Mixed Sentiment. What's BTC Next Target?

Bitcoin Jumps to $63K with Mixed Sentiment. What’s BTC Next Target?

Today, Bitcoin (BTC) experienced a notable uptick, gaining 4.3% in the past 24 hours and reaching $63,422. This surge comes ahead of the eagerly anticipated release of macroeconomic data from the United States later this week. Despite recent volatility, Bitcoin managed to maintain its position above the crucial $62,800 support

May 14, 2024 2 mins read
HashKey Capital Secures Dual Licenses for Comprehensive Financial Services

HashKey Capital Secures Dual Licenses for Comprehensive Financial Services

HashKey Capital, a prominent player based in Hong Kong in virtual asset management, has secured a Type 4 license from the Securities and Futures Commission (SFC). This license, identified as BOP237, distinguishes HashKey Capital as a pioneering licensed corporation capable of offering both securities and virtual asset management and advisory

May 13, 2024 1 min read
US PPI Inflation Data Hits 1.8% in September, Outpacing Forecasts

Crypto Market Under Pressure, Investors Eyes Turn to April CPI Report

Inflation concerns persist as the U.S. Bureau of Labor Statistics gears up to unveil the April Consumer Price Index (CPI) data on May 15. The projections suggest that April’s CPI could range between 3.3% and 3.4%, the figures could amplify worries about inflation running higher than the Federal Reserve’s target

May 13, 2024 1 min read