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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

Denmark Crypto

Denmark Makes Bold Move Initiating Crypto Unrealized Gains Tax

The global crypto regulatory landscape has been fighting for the spotlight this week. Several countries have made announcements in the past few days, and certain controversies have arisen. Notably, US SEC chair Gary Gensler, in a recent interview, announced that the ‘regulation by enforcement’ will proceed undeterred.  In the last

October 24, 2024 2 mins read
Indian Government Crypto

Indian Government Debates a Crypto Ban to Emphasize CBDC

The cryptocurrency sector faces regulatory discrimination on a daily basis and combating them isn’t a novelty. However, certain huge shifts may take us by surprise at first sight. For instance, in July, the US SEC’s approval of the spot ETH ETFs was entirely unexpected until a week before the approval. 

October 23, 2024 2 mins read
Micheal Saylor Bitcoin

Vitalik Buterin Slams Micheal Saylor on His Bitcoin Custody Views

The crypto community has witnessed some intriguing debates over the past day igniting the discussion panels. Recently hacked WazirX founder Nischal Shetty retorted to CoinSwitch CEO’s allegations on fund movements sparking much debate among degens. However, Michael Saylor caught the spotlight by suggesting handing Bitcoin custody to ‘big banks’.  MicroStrategy

October 23, 2024 2 mins read
Spot Bitcoin ETF Options Debuts With Significant Trading Volume

Bitcoin Slides to $66K After Bull Run Encounters Resistance at $69K

The overall crypto market has encountered a mild speed bump as the market cap has turned toward a bearish end. Meanwhile, the crypto regulatory landscape has shown some activity with Coinbase filing a FOIA request on US regulators. On the other hand, Bitcoin has incurred a modest price dip.  Other

October 22, 2024 2 mins read
ApeCoin Price

ApeCoin Moves Tokens to Prominent Accounts Amid Price Rally

Several memecoins have risen to prominence over the past few weeks. This has led to speculations of a returning memecoin season. The largest memecoin and Elon-Musk endorsed DOGE has shown significant surges in the past weeks. Specifically, ApeCoin has shown significant price surges over the weekend.  The official ApeCoin account

October 22, 2024 2 mins read

CoinSwitch CEO Alleges WazirX With Moving $75M User Funds Post Hack

After nearly two months of the WazirX hack, there has been no sign of fund recovery yet. Meanwhile, the Indian crypto exchange, CoinSwitch, which recently sued WazirX, has released information related to the WazirX hack. On the other hand, other leading exchanges also witnessed hacks in recent weeks.  Notably, CoinSwitch

October 21, 2024 2 mins read
Crypto US

Is Crypto Playing the Role of Cornerstone in the 2024 US Elections?

Since its origin, cryptocurrency has been closely intertwined with politics. The nature of the sector, with its open threat to centralized finance, has rendered politics to be its constant watchdog. Moreover, the need for regulations within digital assets, though contrary to crypto’s goals, still requires the involvement of political and

October 21, 2024 8 mins read

Bitcoin Teases $69K Briefly As Bull Run Establishes Its Dominance

The Asian end of the crypto community has woken up to good news as Bitcoin bulls sprung to new actions. Meanwhile, a recently launched meme token, Apecoin, has stirred market attention with its significant price breakouts. Several traders made notable profits by swapping the token over the weekend.   Specifically, Bitcoin

October 21, 2024 2 mins read
DBS Bank

Singapore’s DBS Bank Launches Blockchain Powered Banking

While the Asian regions have been enhancing their crypto involvement, Singapore-based DBS bank announces a major step. Meanwhile, a recent survey showed that North America is home to the largest crypto market on the global level. These data and other cryptocurrency data from Q3 have also shown intriguing results.  Notably,

October 18, 2024 2 mins read
Worldcoin

Worldcoin’s World Chain Goes Live as It Rebrands to World

The regulatory landscape in crypto has taken a turn for activity today, as several announcements have been made. The US SEC made a last-minute appeal in the Ripple case, while the FBI arrested the regulator’s January 2024 X account hacker. Meanwhile, prices have remained bullish but haven’t shown major upward

October 18, 2024 2 mins read