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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

Helium (HNT) Jumps 9.53% as Crypto Market Cap Hits $3.2T

Helium’s HNT Keeps Climbing on the Back of Key Network Proposals

Amidst a global market downturn, Helium (HNT) is changing the trend and showing significant gains. According to CoinMarketCap, the price of HNT surged over 12.29%, moving from $6.67 to a recent high of $7.49, with the upward momentum continuing. This rally comes with Helium’s official announcement of the approved proposals,

August 29, 2024 2 mins read
Will These Triggers Propel Bitcoin into an Uptober Rally?

What Has Caused Bitcoin to Drop Below $60K Recently?

As the cryptocurrency market navigates a turbulent period, Bitcoin (BTC) has showcased a significant drop, moving from nearly $65,000 to below $58,000 in recent days. This downward shift has been influenced by a mix of factors, including market reactions to recent economic news and broader financial trends. According to CoinMarketCap,

August 29, 2024 2 mins read
Are Ethereum Whales Driving the Recent 6% Drop in ETH?

Will Ethereum Recover After Slumping Below $2,500?

The crypto market is reeling from significant losses, with Bitcoin (BTC) falling under $59,000 and Ethereum (ETH) experiencing a sharp decline of nearly 10%, dropping from its high of $2,800 to below $2,500. Particularly since the start of August, Ethereum has taken a significant nosedive and has struggled to breach

August 28, 2024 2 mins read
Celsius Token Surges 300% in a Month After $2.5B Repayment to Creditors

Celsius Distributes Over $2.5 Billion to Creditors Amid Bankruptcy

Celsius Network’s bankruptcy proceedings have concluded. Celsius’ bankruptcy administrator distributed over $2.53 billion to approximately 251,000 creditors. This distribution, representing roughly 93% of the total eligible value, was completed in both liquid cryptocurrency and cash, using valuation prices from January 16. However, despite the substantial progress, not all creditors have

August 27, 2024 2 mins read
Nigerian Court Denies Bail for Binance's Compliance Chief

Nigerian Court Advances Binance Money Laundering Case to September

A Nigerian court is bringing forward the hearing of a money laundering case involving Binance, the world’s largest cryptocurrency exchange, and two of its executives. The case, initially set for October 11, will now be heard on September 2, involving allegations of laundering over $35 million and tax evasion. This

August 27, 2024 2 mins read
Will DOGS Meme Coin Recover After a 30% Price Plunge?

Will DOGS Meme Coin Recover After a 39% Price Plunge?

DOGS, a new Telegram-native meme coin launched on August 26, 2024, dropped sharply in value despite gaining significant attention in the crypto community. Over the last 24 hours, the token saw its price tumble more than 39%, falling from a peak of $0.001856 to a low of $0.001129. This downturn

August 27, 2024 2 mins read
FLOKI Leads the Meme Coin Rally with a 37% Surge

FLOKI Leads the Meme Coin Rally with a 37% Surge

The FLOKI meme coin has taken the spotlight in the ongoing meme coin rally, posting a 37% price increase over the past week. This surge has placed FLOKI at the forefront of the meme coin market, drawing significant attention from investors. FLOKI’s price has seen a substantial rise, climbing from

August 26, 2024 2 mins read
TRON (TRX) Hits Multi-Year High Amid SunPump Frenzy and Network Upgrades

TRON (TRX) Hits Multi-Year High Amid SunPump Frenzy and Network Upgrades

TRON’s native cryptocurrency, TRX, has reached a multi-year high of $0.1681, a level last seen in January 2018. This surge is closely linked to the TRON community’s recent decision to increase the network’s energy cap to 120 billion, a move that has significantly boosted network activity and reduced transaction fees. 

August 26, 2024 2 mins read
FET Outperforms Major Cryptos with a 70% Weekly Gain

FET Outperforms Major Cryptos With a 70% Weekly Gain

While the global crypto market is displaying mixed price actions today, the Artificial Superintelligence Alliance (FET) has emerged as a top performer. Bitcoin (BTC) remains above $64,000 and Ethereum (ETH) trades near $2,800. FET has rallied nearly 20%, climbing from a low of $1.17 to a high of $1.40. Over

August 26, 2024 2 mins read
Can Bitcoin Bulls Overcome Whale Selling Pressure?

Bitcoin Surges Near $65K as Fed Signals Rate Cuts

In the latest crypto market update, Bitcoin has surged past $65,000 following signals from Federal Reserve Chairman Jerome Powell that rate cuts may be on the horizon. Powell’s comments on cooling inflation and concerns about labor market weakness have fueled optimism among investors, pushing Bitcoin’s price up by over 6.79%

August 24, 2024 2 mins read