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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

Shido Token Plummets 94% in Exploit, Investigation Underway

Shido Token Plummets 94% in Exploit, Investigation Underway

Shido, the layer-1 blockchain platform, witnessed a staggering 94% drop in its native token’s value within just 30 minutes, plunging from $0.007985 to $0.0002967. The tragic collapse came in the wake of a severe exploit detected in its Ethereum-based staking contract. The security firm PeckShield raised the alarm on Thursday

February 29, 2024 1 min read
Bitcoin Investor Allocation Portfolio Surpasses Gold as per JPMorgan

Spot Bitcoin ETFs Propel BTC to $64,000. All-Time High in Sight?

The crypto market titan Bitcoin (BTC) has entered a bullish streak, achieving a significant breakthrough by exceeding the $64,000 zone for the first time since November 2021.  BTC’s rally continued as it peaked at a new yearly high of $64,058 on February 28, marking a 12% price surge in just

February 29, 2024 2 mins read
Binance Nigeria Witnessed $26B Flow from Unidentified Sources

Binance Nigeria Witnessed $26B Flow From Unidentified Sources

In a tumultuous period for cryptocurrency exchanges in Nigeria, Binance Nigeria has come under intense scrutiny as it facilitated transactions exceeding $26 billion from unidentified sources within the past year. The digital assets platform, known for its peer-to-peer trading model, allows users to engage in buying and selling cryptocurrencies with

February 28, 2024 2 mins read
Millennium Management Drives Bitcoin ETF Boom with $2 Billion Investment

Bitcoin Heads Towards $58,000 Amid Record Spot ETF Trading

Bitcoin (BTC) continues its upward trajectory, rallying toward the $58,000 mark amidst heightened demand for spot Bitcoin ETFs. With BTC ETF trading volumes surpassing $3.05 billion for the second consecutive day, the market witnesses significant activity, notably with IBIT setting a new record of $1.32 billion in trading volume. The

February 28, 2024 1 min read
PEPE VS BEFE: Which Meme Coin Will Give 100X Returns this Bull Run?

PEPE VS BEFE: Which Meme Coin Will Give 100X Returns this Bull Run?

In the ever-evolving landscape of cryptocurrency, memecoins have emerged as unexpected contenders, driving both attraction and speculation within the community. As the crypto market navigates through the initial phases of an optimistic bull run, all eyes are on tokens that promise extraordinary returns, particularly those adorned with memecoins as their

February 27, 2024 3 mins read
IRS Unveils Updated Crypto Reporting Form for US Taxpayers

Bitcoin (BTC) Climbs Above $57K for the First Time in Two Years

Bitcoin (BTC) has surged past $57,000, marking its highest level in more than two years. The largest cryptocurrency has defied expectations of a looming price correction, climbing steadily in 2024. The rally, which saw Bitcoin reach $57,148, displayed a significant 12% increase from its previous trading range. This surge comes

February 27, 2024 2 mins read
COTI (COTI) Price Prediction

COTI (COTI) Price Prediction 2024, 2025, 2026-2030

In this COTI (COTI) price prediction 2024, 2025-2030, we will analyze the price patterns of COTI by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION COTI (COTI) Current Market Status What is COTI (COTI)? COTI (COTI) 24H Technicals COTI (COTI)

February 26, 2024 7 mins read

DeFi Frenzy Propels Mantle Token (MNT) to All-Time High

The price of Mantle token (MNT) reached a new all-time high (ATH) of $0.9493 on Monday, February 26th, marking a 20% increase. This surge coincides with the heightened activity observed on Layer-2 DeFi platforms on the Ethereum blockchain network in recent days. Ethereum’s impending Dencun upgrade, promising enhanced network security

February 26, 2024 2 mins read
Ethereum (ETH) Sets Eyes on $3500 Amid Continued Surge

Ethereum (ETH) Sets Eyes on $3500 Amid Continued Surge

The prominent altcoin Ethereum (ETH) has surpassed the $3,120 mark, showcasing an uphill performance in the cryptocurrency market and outpacing Bitcoin. ETH’s current trading level, not seen since April 2022, is drawing significant market interest and hinting at potential future growth. The Ethereum surge comes amid the forthcoming Dencun upgrade,

February 26, 2024 2 mins read
FTX Estate Reportedly Sells $1.9B Worth of Solana (SOL) to Settle Debts

FTX Customers Anticipate Payoff as Anthropic Shares Set for Sale

U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, has granted approval for FTX to sell its stake in Anthropic, the artificial intelligence company, marking a significant move for the cryptocurrency exchange’s post-collapse recovery. FTX’s initial $500 million investment in the AI-developing start-up Anthropic in 2021 secured them a 13.56% equity

February 23, 2024 1 min read