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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

Bitcoin Runes Protocol Faces Struggle for Sustained Momentum

Bitcoin Runes Protocol Faces Struggle for Sustained Momentum

The Bitcoin Runes protocol, hailed as a game-changer for faster and cheaper transactions, has seen a significant decline in activity and fee revenue since its much-anticipated launch following Bitcoin’s fourth halving. Despite an explosive start, with over 85,000 token issuances and $3 million in fees within its first 10 days,

May 14, 2024 1 min read
Bitcoin Jumps to $63K with Mixed Sentiment. What's BTC Next Target?

Bitcoin Jumps to $63K with Mixed Sentiment. What’s BTC Next Target?

Today, Bitcoin (BTC) experienced a notable uptick, gaining 4.3% in the past 24 hours and reaching $63,422. This surge comes ahead of the eagerly anticipated release of macroeconomic data from the United States later this week. Despite recent volatility, Bitcoin managed to maintain its position above the crucial $62,800 support

May 14, 2024 2 mins read
HashKey Capital Secures Dual Licenses for Comprehensive Financial Services

HashKey Capital Secures Dual Licenses for Comprehensive Financial Services

HashKey Capital, a prominent player based in Hong Kong in virtual asset management, has secured a Type 4 license from the Securities and Futures Commission (SFC). This license, identified as BOP237, distinguishes HashKey Capital as a pioneering licensed corporation capable of offering both securities and virtual asset management and advisory

May 13, 2024 1 min read
US PPI Inflation Data Hits 1.8% in September, Outpacing Forecasts

Crypto Market Under Pressure, Investors Eyes Turn to April CPI Report

Inflation concerns persist as the U.S. Bureau of Labor Statistics gears up to unveil the April Consumer Price Index (CPI) data on May 15. The projections suggest that April’s CPI could range between 3.3% and 3.4%, the figures could amplify worries about inflation running higher than the Federal Reserve’s target

May 13, 2024 1 min read

Bitcoin Plummets Over $2,000. Will BTC Continue to Decline?

Bitcoin’s ride continues as the cryptocurrency market experiences sharp turbulence. After soaring to almost $63,500 on May 10th, Bitcoin suddenly nosedived by over $2,000 within some hours. This rapid and unexpected drop has rattled investors, raising concerns and leading to the liquidation of approximately $132.58 million worth of long positions.

May 11, 2024 1 min read
Toncoin (TON) Emerges as Top Performer Amid Crypto Market Volatility

Toncoin (TON) Emerges as Top Performer Amid Crypto Market Volatility

Toncoin (TON) has emerged as a standout performer in the cryptocurrency market, defying bearish trends to surge by an impressive 198% since the start of the year, reaching new highs around $7.2.  Despite a bearish trend since April 11, TON’s price surged by 9.7% in the last 24 hours, rising

May 11, 2024 1 min read
RUNE Shows Bullish Signs With Strong Market Activity

THORChain (RUNE) Turns Bullish with 13% Rally. Will RUNE Hit $10?

While the global crypto market is experiencing a decline, THORChain, the liquidity protocol native token RUNE, surged over 13% in the past 24 hours, rising from $5.35 to $6.11 and claiming a top spot among gainers. The token had been relatively stable, trading within the range of $4.95 to $5.54

May 9, 2024 1 min read
Trump Vows Cryptocurrency Support, Accepts Crypto for 2024 Presidential Campaign

Donald Trump Seeks Crypto Enthusiasts Support for Presidential Campaign

Former U.S. President Donald Trump has announced plans to accept cryptocurrency donations for his 2024 presidential campaign. The declaration, made at an exclusive dinner for buyers of his Mugshot Edition NFTs, signals a notable shift in political fundraising strategies.  Trump expressed a firm commitment to facilitating cryptocurrency contributions, positioning himself

May 9, 2024 2 mins read
World Network Halted in Indonesia Amid Registration and Consent Issues

Indonesia’s Bappebti Forms Crypto Asset Committee to Enhance Regulation

In response to the surge in global crypto interest, regulatory bodies in many countries are tightening their oversight to prevent violations. Recently, the Indonesian government’s Commodity Futures Trading Regulatory Agency, known as Bappebti, has taken a proactive step by forming a dedicated committee to monitor the crypto industry. The committee,

May 8, 2024 1 min read
Ripple CLO Evaluates SEC's Retraction of 'Absurd' $2B Penalty Demand

SEC Dismisses Ripple’s Defenses, Highlights Concerns Over Future Breaches

In the ongoing legal battle between Ripple Labs and the United States Securities and Exchange Commission (SEC), significant progress has been made as both parties filed their final replies in the lawsuit’s remedies stage. The SEC challenged Ripple’s assertion of acting without recklessness and argued against any “widespread uncertainty” regarding

May 8, 2024 1 min read