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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

Ethereum Surpasses $2.5K After 30 Days as Bulls Gear Up for Rally

Ethereum Surpasses $2.5K After 30 Days as Bulls Gear Up for Rally

Another week begins with investors still holding strong to their optimism. The community awaits the anticipated bull runs, while the price charts depict modest gains. In the last 24 hours, the overall crypto market has shown increases in both its market cap and trading volume. Notably, leading altcoin Ethereum has

October 14, 2024 2 mins read
Bitcoin Price

Is Bitcoin (BTC) Price Facing a Persistent Downward Pressure?

While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish

October 10, 2024 2 mins read
FTX

FTX Token Drops 10% as Former Executive Begins Prison Term

Satoshi Nakamoto’s identity and the HBO documentary are the day’s talks for the crypto community. The HBO documentary has attempted to uncover the true identity of the creator of Bitcoin. Meanwhile, Ryan Salame, the former FTX executive’s 7-and-a-half-year prison sentence began in the past day.  In reflection, the FTX token

October 9, 2024 2 mins read
FTX

FTX Reorganization Plan Receives Approval from US Bankruptcy Judge

The Web3 community after a recent slump has begun to stir up its activity. Meanwhile, the looming US elections and FED reports have influenced the sector’s different aspects. While prices have shown mixed signals, the industry itself has become vibrant. A recent report stated that almost 7.51% of the global

October 8, 2024 2 mins read
SUI Price

Sui (SUI) Price Rallies 13% After Its Recent Downward Movement

The cryptocurrency market turned bullish at the beginning of this week garnering attention to price actions. Leading cryptocurrencies moved to previous resistance levels and have led speculations for the beginning of the Uptober bull run. Meanwhile, a recently rallying altcoin, SUI has resumed its bullish rally after a recent downward

October 7, 2024 2 mins read
Bitcoin Price

Bitcoin Price Recovers 2% as Uptober Bull Run Anticipations Rise

On analyzing sentiment parameters in the cryptocurrency sector, readings show positive as investors await the Uptober bull run. The recent price recovery in the overall market has influenced the optimistic sentiment. Additionally, Bitcoin’s price recovery has also raised traders’ hopes for upward movements.  In the past week, Bitcoin’s price caused

October 7, 2024 2 mins read
SUI Price

Sui Network’s SUI Token Plummets 4.4% After its Recent Bull Run

The crypto market’s attempt to wriggle out of the bearish grasp has not yet succeeded as prices have shown significant dips. While leading cryptocurrencies struggle to show 24-hour gains, other altcoins have also taken downward movements. Notably, the altcoin SUI after significant price increases has dipped by 6% in the

October 4, 2024 2 mins read
Chainalysis CEO

Chainalysis CEO Michael Gronager Resigns After Decade-Long Service

It’s another week’s end and thus the folks at the crypto community are hoping for another bull run. However, this time they hope it will stay. Meanwhile, apart from price actions, web3 firms have shown activity in terms of partnerships and advancements or new announcements.  Notably, crypto-based firm Chainalysis’s co-founder

October 4, 2024 2 mins read
OKX PayPal

OKX Exchange Announces Listing PayPal USD (PYUSD) Stablecoin

The cryptocurrency market has seen a spur of activity in the last 24 hours. While the Uptober bull run has not begun yet, prices have declined. Meanwhile, cryptocurrency firm Ripple has reaffirmed its vow to battle with the SEC. Amid traders’ significant losses and partnerships, as aforementioned, the sector showed

October 3, 2024 2 mins read
Ethereum Price

Ethereum (ETH) Price Falls to Previous Support Amid Selloffs

Uptober’s failure to initiate the bull run yet, has caused a feeling of unrest in the crypto community. Significant cryptocurrencies have incurred major dips in the last 2 days, this has put investors in a tough spot. The decision to sell or buy the dip has been looming within the

October 3, 2024 2 mins read