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Sharmistha Suman

A passionate journalist with a strong foundation in content writing and an experience in the crypto industry. With a commitment to self-growth, Sharmistha aims to make a meaningful impact in the media and communications landscape.

Posts by Sharmistha Suman

Crypto Market Recovers as Shorts Liquidated After Price Crash

Crypto Market Recovers as Shorts Liquidated After Price Crash

After a major disturbance in the crypto price witnessed on June 13, the market is showing some signs of recovery today. However, not every asset is having gains; some, such as DOGE, HYPE, and others, are rising.  The liquidation still remains, leading to taking out over $202 million on June

June 14, 2025 2 mins read
Ripple, SEC File Joint Motion to End XRP Case After 4 Years

Ripple, SEC File Joint Motion to End XRP Case After 4 Years

The XRP case turns to a new direction after a joint motion of Ripple and the US SEC to finish the long-running case. Attorney John E. Deaton, who advocated the XRP case, said that there 70% chance Judge Analisa Torres will accept the filing and grant relief.  This advancement is

June 14, 2025 2 mins read
Binance Aids Philippines in Busting $3.75M Crypto Ransom Scheme

Binance Aids Philippines in Busting $3.75M Crypto Ransom Scheme

The largest crypto exchange, Binance, publicised yesterday that its Financial Intelligence Unit (FIU) backed Philippine law enforcement in knocking down a sophisticated kidnapping-for-ransom function, including $3.75 million laundered via cryptocurrency.  The bad actors transferred ransom payments via casino junket operators before scattering the funds across virtual-asset channels. The collaboration of

June 14, 2025 2 mins read
Solana Spot ETFs Filed, Approval Unlikely Soon: Analyst Seyffart

Solana Spot ETFs Filed, Approval Unlikely Soon: Analyst Seyffart

Yesterday marked a notable day for ETFs as Seven Solana ETF applicants filed S-1 statements with the Securities and Exchange Commission (SEC). But James Seyffart, a Bloomberg ETF analyst, asserts that he doubts approval will come as soon as next week.  Seyffart posted on X on June 13, mentioning that

June 14, 2025 2 mins read
Walmart and Amazon Plan USD Stablecoins Amid Regulatory Push

Walmart and Amazon Plan USD Stablecoins Amid Regulatory Push

Two prominent companies, Walmart and Amazon, are planning to issue their own US dollar-backed stablecoins for customers, indicating broader institutional stablecoin adoption with more regulatory clarity in the US.  Both firms are considering the development of brand-specific stablecoins, as revealed by people close to the matter and reported in the

June 13, 2025 2 mins read
Solsniper Closes NFT Services After 3.5 Years on Solana

Solsniper Closes NFT Services After 3.5 Years on Solana

Solsniper, an analytics and trading tool on Solana, announced on June 13 that it is closing its 3.5 years of operation. Also, delisting NFTs and eliminating bids. The platform shut down today at 12 PM PST, as revealed through an X post.  The NFT team mentioned that we will be

June 13, 2025 2 mins read
Pudgy Penguins, Lufthansa Team Up as PENGU Tests Key Support

Pudgy Penguins, Lufthansa Team Up as PENGU Tests Key Support

Pudgy Penguins (PENGU) has recently publicized that it is going to have a collaboration with Lufthansa’s Miles and More, the frequent flyer program owned and operated by the Lufthansa Group.  The Group also offers a new utility to its The Huddle, the Pudgy Penguins community. The partnership allows users to

June 13, 2025 2 mins read
Crypto Market Reacts to Israel-Iran Conflict With 4% BTC Drop

Crypto Market Reacts to Israel-Iran Conflict With 4% BTC Drop

Following Israel’s airstrikes against targets in Iran, the price of Bitcoin fell nearly 4% from $108,500 to $103,500, as per the data from CoinMarketCap. Israel revealed that the strikes were targeted at Iranian military infrastructure near Tehran and Tabriz.  The country described it as a preemptive response to increasing threats.

June 13, 2025 2 mins read
Syrian Nationals Gain Binance Access as US and EU Lift Sanctions

Syrian Nationals Gain Binance Access as US and EU Lift Sanctions

Binance will now offer Syrian nationals to trade in cryptocurrencies following the easing of the United States and European Union sanctions last month. The natives of Syria can now leverage the platform to trade assets such as Bitcoin, as per the firm’s announcement on June 12.  The decision of the

June 12, 2025 2 mins read
Alchemy Pay to Launch Tokenized ETFs and Stocks via Backed Partnership

Alchemy Pay to Launch Tokenized ETFs and Stocks via Backed Partnership

Alchemy Pay, a crypto payments provider, is spreading its wings into real-world assets through a new collaboration with a tokenization company, Backed, the firm revealed on June 12.  The payments provider has planned to introduce 55 tokenized US exchange-traded funds (ETFs) and stocks on its RWA platform through the collaboration

June 12, 2025 2 mins read
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