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Shanawaz

A crypto enthusiast. Loves to write. Gives full dedication to every task assigned. Specializes in delivering on tight deadlines. An animal lover, especially dogs.

Posts by Shanawaz

Bitcoin (BTC) Price Level Consolidates Below $30K Level

Former Meta Crypto Head Announces Bitcoin Payments Startup Lightspark

There are currently 3,807.15 BTC in the Lightning Network’s system. Some of the former Meta workers have joined him at this new venture. David Marcus, the former head of Meta’s cryptocurrency project, is reaffirming his belief in the potential role that cryptocurrencies might play in future payments. Lightspark, a new

May 16, 2022 1 min read
Uganda's Central Bank Allows Crypto Firms to Participate in Its Regulatory Sandbox

Top 3 Projects With Market Capitalization Under $10B as per CryptoDep

Avalanche has been down 6.05% in the last 24 hours. TRX were originally ERC-20-based tokens distributed on Ethereum. Let us look at the top 3 projects with a market cap under $10B as per CryptoDep. ⚡️Top Projects with Market Capitalization under $10B 16 May 2022$AVAX $TRX $MATIC $NEAR $LINK $ATOM

May 16, 2022 2 mins read
Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report

Bitcoin Network More Secure as Mining Difficulty Records ATH of 31.251 Trillion

BTC miners are responsible for verifying the authenticity of transactions. BTC remains the most durable blockchain network. Dispelling any fears of a blockchain assault, the Bitcoin (BTC) network has now reached an all-time high mining difficulty of 31.251 trillion, breaking the previous record of 30 trillion for the first time.

May 14, 2022 1 min read
Optimism Introduces Balancer Protocol Along With Beethoven X For Enhancing of L2 Network

Top 3 Polkadot Ecosystem Coins by Social Activity as per CryptoDep

Polkadot has been down 11.86% in the last 24 hours. Swaps are automatically implemented by smart contracts in Polkastarter. Let us look at the top 3 Polkadot ecosystem coins by social activity as per CryptoDep. ⚡️ #Polkadot #DOT Ecosystem Coins by Social Activity14 May 2022$DOT $POLS $CAPS $KSM $MOVR $GLMR

May 14, 2022 2 mins read
14,770 Ethereum (ETH) Worth 28,595,422 USD Transferred From Unknown Wallet

10,000 Ethereum (ETH) Worth 21,074,978 USD Transferred From Unknown Wallet

The psychological $2,000 level was recaptured in today’s session. ETH began the day with a gloomy outlook. The price of ETH is steadily rising as the crypto market experienced a relief rally. ETH began the day with a gloomy outlook, but the purchasers rallied and pushed the price upward. The

May 13, 2022 2 mins read
Elon Musk Backs Integrating Digital Payments Into Twitter Platform

Elon Musk’s Twitter Deal on Hold to Spam Accounts Confirmation

On Friday, Elon Musk revealed that his $44 billion proposal to acquire Twitter is on hold until he gets confirmation that spam or false accounts on the micro-blogging service make up fewer than 5% of its user base. A 20 percent drop in the stock price was seen in premarket

May 13, 2022 1 min read
Hong Kong to Launch Central Bank Digital Currency (CBDC)

Central Bank of Chile Delays Launch of CBDC in the Country Till Year End

A preliminary review of a Chilean CBDC was included in a May 11 report from the bank. Cryptocurrencies are not banned in Chile, but the government is concerned. Issuing a digital Chilean peso by the Central Bank of Chile has been postponed until a more thorough assessment of the advantages

May 12, 2022 1 min read

Bitcoin (BTC) Price Eyeing Bullish Move Following Wyckoff Cycle

The cycle contains four main stages: accumulation, markup, distribution, and markdown. Although another warning indication for BTC is that the price is still below the EMA. The gains earned last year were wiped out by Bitcoin’s fall to late 2020 prices as investors fled risk assets after the collapse of

May 12, 2022 2 mins read
Shiba Inu (SHIB) Burnt in the Last 24 Hours Mounts to Whopping 1.5 Billion

Whopping 324.7 Million Shiba Inu (SHIB) Burnt in Last 24 Hours

The owner of the “BlueWhale0073” wallet acquired 191,883,317,886 Shiba. Shiba Inu has been down 27.78% in the last 24 hours. The Shiba Inu community has transferred 324.7 million SHIB to dead wallets in the last 24 hours, according to a tweet from the @shibburn platform, which tracks SHIB burn transfers

May 11, 2022 2 mins read
3AC Transfers $90M FTT on KuCoin

8.3% U.S Inflation CPI Causes Panic Among Investors, Bitcoin Drops Further

With Bitcoin’s price falling, miners may be in for a rough ride as well. After the readings, other major cryptocurrencies also went negative for the day. Minutes after statistics indicated that U.S. inflation was more than predicted in April, Bitcoin (BTC) fell below $30,000 on Wednesday. As a result, the

May 11, 2022 2 mins read