A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.
MicroStrategy, the software developer with a massive Bitcoin (BTC) stash, intends to raise up to $750 million by selling more stock. The company plans to utilize the fund to buy additional Bitcoin, further solidifying its position as one of the largest corporate holders of BTC in the United States. The
August 2, 2023 2 mins read
Defunct crypto exchange FTX.com has filed an initial “Plan of Reorganization” with the U.S. Bankruptcy Court, offering a glimmer of hope for the exchange’s revival. The proposed plan outlines a potential restart, but with a catch – it would only be available to “offshore customers.” The FTX Debtors filed their
August 1, 2023 2 mins read
Bitcoin (BTC), the oldest gem in the crypto market, witnessed a slight recovery from its weekly low of $29,030 and soared to the $29,428 price level. However, the rebound seems to be faltering as the digital asset faces selling pressure. Last week, Bitcoin experienced selling pressure that pushed its price
July 31, 2023 2 mins read
The US Securities and Exchange Commission’s (SEC) recent move sparked controversy, Coinbase was asked to halt trading on all cryptocurrencies except for Bitcoin (BTC). According to the Financial Times, Coinbase CEO Brian Armstrong revealed that this request came before the SEC’s legal action against the company on June 6, where
July 31, 2023 1 min read
In the fast-paced and ever-evolving world of finance, cryptocurrencies have emerged as a revolutionary force, captivating the imagination of investors and tech enthusiasts alike. Among the multitude of digital assets, several cryptocurrencies have been making waves in the market, especially during challenging moments. Let’s dive into the captivating world of
July 29, 2023 7 mins read
Quant (QNT), the leading cryptocurrency, displays a significant rally despite the prevailing global market downtrend, which was caused by various factors, including the SEC’s continuous charges against major crypto exchanges. In the last 24 hours, the Quant (QNT) price surged by over 9.62%, reaching an $111 range, marking the highest
July 29, 2023 2 mins read
Today, Crypto.com, a leading cryptocurrency service provider, received official registration approval from De Nederlandsche Bank (DNB) to operate in the Netherlands. This development comes after a rigorous assessment of Crypto.com’s business and compliance with the country’s Money Laundering and Terrorist Financing (Prevention) Act (Wwft). We're excited to share that https://t.co/vCNztATSCO
July 28, 2023 2 mins read
Polygon (MATIC) has risen as a prominent player, captivating the community with its utility and chart-topping sprawl in the ever-evolving crypto-verse. The platform has also redefined perceptions of layer-2 protocols, solidifying its position as a touchstone for emerging layer-2 solutions in the crypto market. The second quarter of 2023 proved
July 28, 2023 3 mins read
Dogecoin (DOGE), the beloved meme coin, witnessed a significant price spike of 14% on Tuesday, from $0.07071 to $0.08299, marking its biggest single-day gain since April. Also, DOGE has flipped Cardano (ADA) to claim the seventh spot in the cryptocurrency rankings in terms of market cap. At the time of
July 26, 2023 2 mins read
In a recent tweet, Changpeng Zhao, also known as CZ and the CEO of Binance, the world’s largest cryptocurrency exchange, issued a cautionary reminder to the crypto community regarding the potential risks associated with certain aspects of the market, the term “Impermanent Loss.” Let’s explore what it means for DeFi
July 26, 2023 2 mins read