A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Today, the global cryptocurrency market displayed green candles as the U.S. Securities and Exchange Commission (SEC) finally granted approval for spot Bitcoin exchange-traded funds (ETFs). This long-awaited decision propelled Bitcoin (BTC) to reach a peak of $47,647 earlier in the morning. Interestingly, Bitcoin had initially spiked to $47,893 on Tuesday
January 11, 2024 2 mins read
Ark Invest CEO Cathie Wood’s bullish stance on Solana resonates in the market. Wood emphasized the growing importance of smart contracts in the decentralized finance (DeFi) space, predicting that both Solana and Ethereum will thrive as smart contract networks. Also, she highlighted Solana’s competitive edge over Ethereum in terms of
December 27, 2023 2 mins read
The United States Securities and Exchange Commission (SEC) has unveiled crucial updates on the eagerly anticipated approval process for spot Bitcoin exchange-traded funds (ETFs). The approval, expected in January 2024, has heightened speculation about the future trajectory of Bitcoin. The SEC has disclosed that the initial wave of potential spot
December 25, 2023 2 mins read
China appears to be embracing the digital asset revolution, signaling a major shift in its stance on cryptocurrencies. Despite a strict crypto trading ban in 2021 that led to a market shack, the country is now expressing a newfound commitment to the development of the crypto industry. The Ministry of
December 23, 2023 2 mins read
In a non-stop rally, Solana (SOL) has displayed a significant 17% surge in the last 24 hours, edging closer to the $100 mark. The cryptocurrency’s market value has soared to an impressive $42.3 billion, overtaking Binance Coin (BNB) at $41.1 billion and securing its position as the fourth-largest cryptocurrency by
December 22, 2023 2 mins read
In Wednesday’s trading session, Ethereum experienced a modest rally, displaying sustained upward momentum from the lower boundary of a significant consolidation range. However, the cryptocurrency faced hurdles around the $2,250 and $2,300 resistance levels, struggling to find a foothold above $2,250. Also, Ethereum encountered multiple rejections in the $2,200 to
December 21, 2023 2 mins read
Major altcoins Polygon (MATIC) and Chainlink (LINK) have displayed a significant decline in their prices over the past two days. Chainlink, which recently reached a yearly peak of $17.16 on December 9, saw its price plummet to $14.25 today, marking a 17% drop. Simultaneously, Polygon (MATIC) recorded a 3.83% decrease
December 20, 2023 2 mins read
Bitcoin (BTC) is experiencing a potential downturn following its significant eight-week surge, propelling from $26,866 to an impressive $44,543. As of now, the largest cryptocurrency has displayed a 2% dip in the last 24 hours, with its current value resting below $41,200, according to CoinMarketCap. Despite multiple attempts to breach
December 18, 2023 2 mins read
Ethereum (ETH) has managed to bounce back, defying the recent dip in the crypto market caused by the news of a major hack targeting Ledger, one of the prominent crypto hardware wallet providers. According to CoinMarketCap, ETH is traded at $2,329, marking a1.92% increase in the past 24 hours. However,
December 15, 2023 2 mins read
Cronos Labs, the pioneering force behind the Cronos ecosystem, has unveiled its latest leap into the realm of web3 innovation with the launch of the Cronos zkEVM testnet blockchain network. This layer-2 network, introduced on the Ethereum Sepolia testnet, marks the dawn of a new era in second-tier projects that
December 14, 2023 2 mins read