A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
Two wallet addresses labeled as Polygon Foundation have raised eyebrows within the crypto community by depositing over 10.6 million MATIC tokens into the Binance exchange over the past month. While this has prompted concerns about potential token sales, Polygon’s CEO, Marc Boiron, has denied the report and any involvement by
September 7, 2023 2 mins read
In the crypto market overshadowed by the decline of leading altcoins, a low-cap alt — DeepFakeAI (FAKEAI) — defies the odds. This cryptocurrency exhibited a 120% price surge over the last 7 days from $0.0005304 to $0.00108, at the time of writing. DeepFakeAI is an emerging platform with the potential
September 5, 2023 3 mins read
● Cambridge Bitcoin Electricity Consumption Index (CBECI) estimated Bitcoin mining’s annual power demand to be 120.29 TWh. ● Cloud mining enables users to participate in crypto mining without the need for hardware. The cryptocurrency landscape is constantly evolving, with users adapting to changing trends and market patterns. As participants in
September 5, 2023 2 mins read
In a week marked by dwindling interest in digital asset investments, Solana (SOL) has defied the trend, emerging as the preferred choice for institutional investors. CoinShares, a prominent European cryptocurrency management platform, released its latest report, highlighting the remarkable resilience of Solana in the face of a market-wide slowdown. During
September 5, 2023 2 mins read
Cardano (ADA), one of the leading blockchain in the cryptocurrency market, is defying broader market trends as it experiences a remarkable surge in its on-chain transaction volume, with an increase of over 1700% since late January. Despite a comparatively gloomy market value when compared to its April highs, Cardano’s performance
September 4, 2023 2 mins read
Bitwise, a prominent provider of cryptocurrency investment solutions, has officially withdrawn its application for the Bitcoin and Ethereum Market Cap Strategy and Exchange-Traded Fund (ETF). The decision has left investors and industry observers puzzled, as it comes one day after Bitwise’s Chief Investment Officer, Matt Hougan, publicly vouched for the
September 1, 2023 2 mins read
In a strategic move aimed at maintaining the liquidity of the XRP cryptocurrency, Ripple Labs has released a total of one billion XRP coins from its escrow accounts. The release was executed in four transactions, with the overall transferred XRP valued at $510 million. According to popular blockchain tracker Whale
September 1, 2023 2 mins read
While August is concluding, the altcoin market has witnessed a remarkable surge in Maker (MKR), the governance token of the decentralized finance (DeFi) giant MakerDAO. Amidst an array of price fluctuations across the global cryptocurrency market, Maker stands out with an impressive 11% gain, reaching a value of $1,155. This
August 31, 2023 2 mins read
On Tuesday, the federal appeals court ruled that the Securities and Exchange Commission (SEC) must reevaluate the application of Grayscale Investments, a crypto asset manager, to launch the first bitcoin exchange-traded fund (ETF). This ruling marks a setback for SEC Chair Gary Gensler’s attempts to regulate the burgeoning crypto sector.
August 30, 2023 3 mins read
While major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) are trading in relatively flat ranges, XinFin Network’s native cryptocurrency, XDC, has grabbed the spotlight with a significant rally of over 19% in the past 24 hours. At the time of writing, XDC is trading at $0.06106 with a daily
August 29, 2023 2 mins read