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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

Sony Ventures into Web3 with Blockchain Launch Timeline

Sony Ventures Into Web3 With Blockchain Launch Timeline

The Polkadot-based Astar Network joins entertainment giant Sony for a collaborative blockchain platform in partnership with Startale Labs, a renowned player in Web3 infrastructure. Startale Labs’ CEO, Sota Watanabe, has disclosed the teaser of the finalized launch timeline for the blockchain collaboration with Sony. The unveiling of “Sony Network Communication

November 23, 2023 1 min read
Binance Founder Changpeng Zhao Reportedly Owns 64% of BNB Tokens

US Crackdown on Binance Makes CEO Resign

The cryptocurrency industry faces another major setback as Changpeng Zhao (CZ), the founder and CEO of Binance, has stepped down and pleaded guilty to breaking US anti-money laundering laws. Further, CZ agreed to the $4.3 billion settlement, which is one of the largest corporate penalties in US history, including a

November 22, 2023 3 mins read
Ethereum Price Dips as SEC Postpones Invesco Galaxy ETF Decision

Ethereum Is Above $2000 Again but Will It Cross the $2100 Resistance?

Ethereum (ETH) has initiated a new rally, breaching the $1,950 resistance level. The second largest cryptocurrency is presently in a consolidation phase, eyeing a potential breakthrough above the $2,070 resistance. This positive momentum follows a key trajectory, from the $1,976 swing low to reaching a high of $2,061. Today, ETH’s

November 21, 2023 2 mins read
Bitcoin Witnesses Brief Correction Post Recent Consolidation

Bitcoin is Pumping and Argentina’s Elections Might be the Reason!

Javier Milei has secured victory in Argentina’s presidential race, setting the stage for a potential economic transformation in the country. Known for his outspoken support of Bitcoin and sharp criticism of traditional central banking systems, Milei’s win has sparked optimism in the cryptocurrency market. Following the announcement, Bitcoin displayed an

November 20, 2023 2 mins read
Dogecoin (DOGE) Poised for 30% Breakout Rally to 10 Cents, Here's Why

Dogecoin (DOGE) Climbed Over 10% What’s Driving the Unexpected Surge?

While prominent cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) are trading in the red, Dogecoin (DOGE) has displayed a significant surge of more than 10% in its price, propelled by renewed interest and heightened activity on its network. The reason behind this unexpected spike appears to be speculation about

November 17, 2023 2 mins read
Ethereum Battles $2,000 Despite BlackRock ETH ETF Filling

Ethereum Battles $2,000 Despite BlackRock ETH ETF Filling

Asset management giant BlackRock has officially submitted a filing for a spot Ethereum exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). This development underscores BlackRock’s increasing commitment to cryptocurrency investments and follows its recent registration of the iShares Ethereum Trust in Delaware. BlackRock filed for a

November 17, 2023 2 mins read
021 Doubles Down on Avalanche with Strategic Acquisition of Looty

Why is Avalanche (AVAX) Pumping to Hit a 15-Month High?

The leading altcoin, Avalanche (AVAX), has soared by over 28% within the last 24 hours, reaching a high of $23.95, marking its peak in 15 months. This significant resurgence in Avalanche’s price has been due to a recent collaboration announcement between Onyx by JPMorgan and Apollo Global. This collaboration falls

November 16, 2023 2 mins read
Justin Sun Led Poloniex Set to Resume Operations After Recent Hack

Justin Sun Led Poloniex Set to Resume Operations After Recent Hack

Cryptocurrency exchange Poloniex, owned by Justin Sun, is set to resume operations following a significant hack in November 10th, as per an official announcement on today. The platform has made substantial progress in restoring services after the breach that resulted in a loss of over $100 million. In the latest

November 15, 2023 1 min read
Ethereum Falls Below $2,000 Amidst Market Correction

Ethereum Falls Below $2,000 Amidst Market Correction

Ethereum has faced a setback, witnessing a 3.83% decline over the past 24 hours, bringing its value to $1,980. This contrasts with its positive performance over the week, where the coin showed an uptrend of 7%, climbing from $1,879 to its current position. The decline in Ethereum’s value follows its

November 15, 2023 2 mins read
What is GROK? Is the Elon Musk-Inspired Token Scam?

What is GROK? Is the Elon Musk-Inspired Token Scam?

The price of the memecoin named after Elon Musk’s artificial intelligence project, “Grok,” has taken a nosedive, plummeting by over 74%. The sharp decline followed the tweet from blockchain sleuth ZachXBT, who alleged that the token’s social media presence was reused from a previous scam token project, specifically pointing out

November 14, 2023 2 mins read