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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

US Senate Urges Blockchain Testing for National Security

US Senate Urges Blockchain Testing for National Security

The US Senate Committee on Armed Services has directed the Department of Defense to explore blockchain technology for enhancing national security, particularly in supply chain management. This move comes as part of the fiscal year 2025 National Defense Authorization Act (NDAA), highlighting blockchain’s potential to support data integrity and combat

July 9, 2024 1 min read
Shiba Inu Lead Developer Teases New Expansion and Strategic Plans

Shiba Inu Lead Developer Teases New Expansion and Strategic Plans

Amidst a backdrop of easing bearish pressures across the global cryptocurrency market, the lading memecoin Shiba Inu (SHIB) has positioned itself with a series of strategic updates aimed at navigating towards a potential recovery.  Following the conclusion of the IVS Crypto event in Kyoto, Shiba Inu’s pseudonymous lead developer, Shytoshi

July 9, 2024 2 mins read
Frax Finance Approves BlackRock’s BUIDL as Collateral for frxUSD Stablecoin

BlackRock’s BUIDL Fund Hits $500M in Market Value

BlackRock’s BUIDL token, created in partnership with Securitize and backed by U.S. Treasuries, has exceeded a market value of $500 million. Ethereum blockchain data from Etherscan confirmed the milestone on Monday. BUIDL token was introduced in mid-March and rapidly accumulated $502.8 million in tokenized treasuries within four months. This significant

July 9, 2024 2 mins read
DOGE and SHIB See Double-Digit Gains Amidst Market Uptrend

DOGE and SHIB See Double-Digit Gains Amidst Market Uptrend

Today marks a significant recovery in the global cryptocurrency market, led by Bitcoin (BTC) as it surged to the $56,500 zone. This bullish momentum has positively impacted nearly all cryptocurrencies, with notable gains across the board. Following the uptrend momentum, Dogecoin (DOGE) and Shiba Inu (SHIB) have shown significant rebounds

July 6, 2024 1 min read
Bitcoin Signals Recovery Despite Analyst Caution

Bitcoin Signals Recovery Despite Analyst Caution

Today, the global cryptocurrency market is displaying a resurgence, with Bitcoin rebounding from a recent dip of $53,489 to surpass the $56,000 mark. At the time of writing, Bitcoin’s price is trading at $56,650, marking a 3.87% increase in the past 24 hours. This recovery follows significant inflows of $143.1

July 6, 2024 2 mins read
Is Ethereum Heading into a Bearish Zone This Weekend?

Is Ethereum Heading Into a Bearish Zone This Weekend?

Amid recent market turbulence, Ethereum has struggled to regain its footing after a significant 15% drop below key support levels. The crypto’s price plummeted below the crucial $3,000 mark due to a broader market downturn triggered by BTC. Bitcoin payouts from the Mt. Gox bankruptcy, flooding the market with additional

July 5, 2024 2 mins read
Dogecoin (DOGE) Faces Selling Pressure, Will $0.1 Support Hold?

Dogecoin Faces a 23% Decline Heading to Yearly Low

In the past 24 hours, Dogecoin (DOGE) has displayed a sharp decline of over 23%, plummeting from a high of $0.11898 to a low of $0.09166. This drop brings DOGE closer to reaching a new low for the year and reflects the broader impact of Bitcoin’s recent slide to $53,000,

July 5, 2024 2 mins read
Friend.tech Falls 40% to All-Time Low as It Stays on Base Network

Friend.tech Falls 40% to All-Time Low as It Stays on Base Network

While the global crypto market faces a downturn with Bitcoin (BTC) dropping to the $57,000 zone, Friend.tech (FRIEND) recorded a new all-time low. According to the CoinMarketCap data, it dropped over 42.46% from the high of $0.4483 to the all-time low of $0.3062—a level not seen since its launch in

July 4, 2024 1 min read
Mt. Gox Redemption Alarms Sell-Off Pressure on BTC and BCH

Mt. Gox Redemption Alarms Sell-Off Pressure on BTC and BCH

Today, Mt. Gox initiated small transfer tests at 12:21 UTC+8, involving transactions such as sending 0.0001 BTC to Bitbank’s hot wallet and 0.0001862 BTC to unmarked addresses. These activities highlighted the anticipated distribution of 140,000 BTC and 143,000 Bitcoin Cash (BCH) by Mt. Gox, scheduled between July and October. Concerns

July 4, 2024 2 mins read
Bitwise Advances Ethereum ETF Filings and Expects to Launch Next Week

Bitwise Advances Ethereum ETF Filings and Expects to Launch Next Week

In the realm of cryptocurrency investments, developments are unfolding amidst regulatory uncertainty and market fluctuations. Bitwise, an asset management firm, has advanced its plans with the United States Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF).  According to a filing on July 3, the firm

July 4, 2024 2 mins read