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Sarayu Krishna

Content Writer | Crypto Enthusiast | Bridging Literature and Blockchain

Posts by Sarayu Krishna

Bitcoin Faces Brief Resistance After Recent Rally, What Next?

Bitcoin Faces Brief Resistance After Recent Rally, What Next?

Bitcoin (BTC), the leading cryptocurrency, is marginally between the bearish and bullish zones. It is trading above $64K, declining at 0.61% in the last 24 hours. Following the price dip, the global crypto market dropped by 1.06%, returning to $2.37 trillion. Bitcoin’s price action might be backed by speculation about

July 18, 2024 2 mins read
Is Potential Cyber Attack Targeting Mt. Gox Creditors?

Is Potential Cyber Attack Targeting Mt. Gox Creditors?

The defunct crypto exchange Mt. Gox creditors have reported numerous brute force attempts on their accounts, evoking the fear of a potential cyberattack. The Mt. Gox creditor subreddit has been filled with screenshots from users displaying multiple login attempts on their accounts, in the last 24 hours. While others reported

July 18, 2024 2 mins read
Is Shiba Inu (SHIB) on Track for a Breakout This Week?

Is Shiba Inu (SHIB) on Track for a Breakout This Week?

The start of this week was slightly bullish as the tokens have recovered from their recent lows. The meme coin market is priced green, and several meme coins are soaring. Among them, the dog-themed meme coin, Shiba Inu (SHIB) has seen a price recovery of 3.03% over the past 24

July 17, 2024 2 mins read
Top Memecoins Fail to Surge High Amid the Crypto Market Recovery

Top Memecoins Fail to Surge High Amid the Crypto Market Recovery

The crypto market is briefly in the bullish sentiment. Alongside Bitcoin and Ethereum, altcoins recorded notable recovery gains in the last 24 hours. Despite demonstrating an uptrend, the price spikes in the memecoin market fall short of dominating. Will the sector’s uptrend pick a bullish pace?  The Dune Analytics data

July 17, 2024 2 mins read
Ethereum (ETH) Faces Critical Test at $3K Support Level

Will Ethereum Break the Pattern After the Spot ETH ETF Launch?  

After enduring innumerable support and resistance, Ethereum’s price bounced back and sustained itself within the price range of $3.3K. Over the past 24 hours, the price of ETH has spiked by 2.38%. The upcoming ETF launch triggering anticipation among the community catalyzes the current bullish sentiment of ETH.  Notably, the

July 16, 2024 2 mins read
Is Ethereum (ETH) Setting Up for a Trend Reversal?

Ethereum Breaks $3.3K Barrier Ahead of Spot ETF Launch

Ethereum (ETH) is in a brief bullish swing. Over the past 24 hours, after a 4.71% spike, the second-largest cryptocurrency marked a high of $3,373. This surge comes alongside Bitcoin’s recoup of over 4% to $63.2K.  ETH crossed the $3.3K threshold amid this week’s highly anticipated spot ETH ETFs (exchange-traded

July 15, 2024 2 mins read
Will South Korea Put Crypto Taxation on Hold for Three More Years?

Will South Korea Put Crypto Taxation on Hold for Three More Years?

The South Korean ruling party, conservative People Power Party (PPP) is considering postponing the taxation of cryptocurrency investment gains with a 20 percent tax to January 2028. Cryptocurrency income taxation scheduled earlier in October 2021. As the tax law passed by the National Assembly during the former president, Moon Jae-in’s

July 15, 2024 2 mins read
21Shares Announces Waiving Fees for 6 Months of Spot Ethereum ETF

Is Ethereum (ETH) Price Inclined to Go High?

Ethereum (ETH), the largest altcoin, has had a slight revival above $3.1K with a spike of 2.76% in the last 24 hours. The highest weekly ETH price was  at $3,164, and the lowest was $3,117. This surge was alongside Bitcoin’s spike of over 2% to $58.3K, creating excitement in the

July 13, 2024 2 mins read
US Bitcoin ETFs See Net Inflow of $310M Amid Market Recovery

US Bitcoin ETFs See Net Inflow of $310M Amid Market Recovery

The crypto market is in a bearish trend, and amid this downturn, the U.S. spot Bitcoin exchange-traded funds (ETFs) had a significant net inflow. While the German government has been going through a strong selling spree throughout this week, the spot Bitcoin ETFs in the U.S. witnessed significant accumulation.  According

July 13, 2024 2 mins read
Meme Coins that Saw the Biggest Falls in August 2024

Are Meme Coins in the Hardest Downfall?

The crypto market has been having its face-off with overpowering bears over the past few weeks. Notably, leading assets resist the recovery attempts, and this leaves the crypto industry in an uncertain condition. Amid all the altcoins, meme coins have experienced max downfall in prices over the last 24 hours. 

July 12, 2024 3 mins read