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Shafika Fathima

A passionate writer who is exploring the world of crypto. In my spare time I write poetry and read novels.

Posts by Shafika Fathima

Stablecoin Regulations

Stablecoin Regulations Receive Spotlight With US Committee Officials’ Proposal

With DeFi under development and the sector spearheading regulatory reforms, members are quite content with the current action. However, the sector seems to lack the significant, mind-blowing instances it is usually known for. Within the regulatory realm, today’s focus is stablecoins.  Fox reporter Eleanor Terrett shared a discussion draft from

February 7, 2025 2 mins read
Satoshi’s identity

Does Kraken Hold the Key to Discovering Satoshi’s Identity?

As the community braces itself for a period of market recovery, interesting news has caught investors’ attention. Coinbase director, Conor Grogan posted on his X account, a hypothesis to unmask Satoshi Nakamoto.  The Bitcoin founder has been MIA for the last decade, and numerous members have attempted to discover him.

February 6, 2025 2 mins read
Are Bitcoin (BTC) Bulls on Edge as an $80K Breakdown Looms?

Capital Outflows Hike as Bitcoin Price Combats Resistance

The global crypto market has been on rocky terms over the past few days. As another weekend approaches, community members are expecting further price consolidations. However, looking into what has occurred particularly in the last 24 hours, trading conditions don’t look very bright.  Notably, Bitcoin, after its recent visit to

February 6, 2025 2 mins read
FTX Token

FTX Token Surges as Exchange Announces Creditors Repayment Date

The cryptocurrency market is on the road to recovery after the recent market crash. However, the same cannot be said about the overall sector. The SEC has made several announcements in the past day regarding its Crypto Task Force. On the other hand, while most altcoins have shown mild increases

February 5, 2025 2 mins read
SEC Commissioner Hester Peirce Blames Crypto Crackdown for Fraud Growth

Hester Peirce Discusses Crypto Task Force Priorities For Regulations

The crypto community is combating the recent market crash with a positive face, as tokens attempt recovery. However, the sector itself has not remained dormant. Over the past few weeks, NFT projects, DeFi, AI, and regulatory spaces have shown increased activity. In the past day, the SEC made several announcements. 

February 5, 2025 2 mins read
Crypto Taxation

Crypto Taxation in 2025: Navigating Complex Tax Laws for Digital Assets

Crypto Taxation is known to hold an element of obscurity from both taxpayers’ and national governments’ perspectives. This obscurity arises due to the lack of a definite approach to the process. The past year saw multitudes of nations navigating the sphere and producing Taxation laws as part of regulating the

January 31, 2025 6 mins read
Riot Platforms Reports $376.7M Revenue in 2024 Despite Mining Challenges

Analysts Predict Bitcoin Correction to $91K and $75K, Will it Yield?

Bearish trends have been gallivanting through Bitcoin’s price action over the past day. However, turning to other activities, the sector has kept the liveliness going. Recently, pro-crypto senator Cynthia Lummis filed a lawsuit in support of Coinbase against the SEC.  Meanwhile, reverting to Bitcoin’s daily price action, the cryptocurrency trades

January 29, 2025 2 mins read
KuCoin DOJ

KuCoin Settles With US DOJ on Compliance and Regulatory Grounds

Cryptocurrency exchange KuCoin has confirmed its settlement with the US Department of Justice. Meanwhile, the overall cryptocurrency community is currently combating the aftermath of the recent market dip. The Ethereum Foundation took to today’s spotlight, by selling huge numbers of ETH tokens during its dip.  Notably, KuCoin’s settlement, confirmed a

January 28, 2025 2 mins read
Solana

Solana Succumbs to Market Dip With 11% Single-Day Price Dump

Major altcoins dropped significantly in the Asian morning hours of January 27. As the movement alarmed investors, Bitcoin intensified the bear market with a drop below the $100K level. It is currently trading at the $98,000 level causing further dips in altcoins.  On the other hand, particular altcoins have sustained

January 27, 2025 2 mins read
Bears Reclaim Ethereum Amid Protocol Fee Drops and Market Dip

Bears Reclaim Ethereum Amid Protocol Fee Drops and Market Dip

Over the weekend, the crypto market decided to take a trip down the bearish lane. This was initiated when Bitcoin lost its $102K support following which the altcoins fell and huge liquidations ensued, alarming investors. While the community sentiment has gone red, a particular BTC prediction by Arthur Hayes has

January 27, 2025 2 mins read