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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

Spot Ethereum ETF

Spot Ethereum ETFs Listed on DTCC, Progress Towards Approval?

Optimistic signs have appeared for spot Ethereum exchange-traded fund (ETF) approval ahead of the SEC’s approaching deadline on Thursday. Depository Trust and Clearing Corporation (DTCC), has listed VanEck’s spot ETH ETF (“ETHV”) on Tuesday.  Notably, Franklin Templton’s EZET made its entry into the same listing last month. Currently, the count

May 22, 2024 2 mins read
Ethereum Price Soars 17%, Should Investors Bet For the $4K Bullish Rally?

Ethereum Price Soars 17%, Should Investors Bet For the $4K Bullish Rally?

The entire crypto market has leaned toward an upsurge, rising its valuation to $2.6 trillion. Bitcoin and the family of altcoins have experienced price hikes. Over the past 24 hours, Ethereum (ETH), is spearheading the bullish rally with a 17% surge in price and by breaking recent resistance levels. The

May 21, 2024 2 mins read
Quantum Computing

Ripple Discusses with Academician on BCT & Quantum Computing

Ripple, leading digital payment platform, interviewed academician and University of Trento professor, Dr.Massimiliano Sala. The professor shared insights on Blockchain technology and quantum computing. He threw light on security threats surrounding BCT, quantum-resistant cryptographic systems and the difficulties surrounding them.  Ripple has started a University Blockchain Research Initiative (UBRI), part

May 20, 2024 2 mins read
Hong Kong First Tax Reporting

Hong Kong Launches First Crypto-Asset Tax Reporting Software

Hong Kong has witnessed numerous advancements in the digital assets sector these past few weeks. Notably today, TaxDAO, a Web3 Finance and Tax organisation launched the first crypto-asset tax reporting software earlier today. The software formerly named Intax was upgraded to FinTax and began seed funding today. With the launch

May 20, 2024 2 mins read
Solana Price Witnesses Uptick Amidst Recent Positive Developments

Solana Price Witnesses an Upsurge, Reaching a Five-Week High!

Solana market price took a bullish turn for the third consecutive day on May 18, finding support at the $170 mark. The upward movement propelled the price above  $175 momentarily today, elevating the price to a five week high. Solana price had faced a crucial juncture earlier this week.  The

May 18, 2024 2 mins read
ETH Price Analysis: Will it Hit $4K By the End of May?

Ethereum Price Upsurges Over $3K, Bulls Making a Comeback?

Ethereum price surpassed the $3K mark showing signs of recovery in the early hours of May 17. The leading altcoin is exhibiting a consistent upward trend in the past 24 hours increasing in market price by 5.19% on May 18. At the time of writing it was trading at $3,099

May 18, 2024 2 mins read
Hong Kong e-CNY Wallet

Hong Kong announces the Launch of e-CNY Wallet for Local Users

The Hong Kong Monetary Authority announced the launch of e-CNY wallets for local users in a press release on May 17. The project advocating for Cross-Boundary payments has been in effect since 2019.The e-CNY is a pilot program of China’s experimentation with digital fiat currency payment systems in connection with

May 17, 2024 2 mins read
Pump.fun Exploit

Pump.fun Links $1.9M Exploit to Former Employee

Pump.fun, a Solana-based token launching platform, suffered an exploit on May 16. According to a post-mortem report on its X account, it identified the exploit to be executed by a former employee who illegitimately gained access to the withdrawal authority by misusing the privileged position.   The exploit which occurred at

May 17, 2024 2 mins read
Hong Kong Spot ETF

Alchemy Pay Boosts Hong Kong Spot ETF Access Via New Collaboration 

Alchemy Pay, announced its collaboration with Victory Securities on May 16. The Singaporean payment gateway, connecting cryptocurrency with fiat currencies, provides services in 173 countries. The collaboration is aimed at enabling investors to access Bitcoin and Ethereum Spot ETFs through the platform, stated Alchemy Pay’s press release.   Victory Securities, the

May 16, 2024 2 mins read
Bitcoin Rally Pauses at $66K, What's Next for BTC?

Bitcoin Hits $66K Mark Breaking Key Resistance, Bullish Rally to Continue?   

The price of Bitcoin has kindled optimism in the market by drawing in waves of upsurge since yesterday. The leading cryptocurrency crossed over the $61K mark, revisiting its bullish trends from late April. After sustaining around the $61K-$62K range for days, the prices climbed steadily on May 15 finding support

May 16, 2024 3 mins read