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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

DigiAsia Shares Soar 91% After $100M Bitcoin Treasury Plan

DigiAsia Shares Soar 91% After $100M Bitcoin Treasury Plan

DigiAsia Corp, a fintech firm hailing from Indonesia, has witnessed its share surging by more than 91% on May 19. The surge was reportedly followed by the firm’s announcement of a plan to generate $100 million to start Bitcoin purchases as part of a new treasury strategy.   The fintech firm

May 20, 2025 2 mins read
Michael Saylor’s Strategy Faces Lawsuit Over Misleading Bitcoin Claims

Michael Saylor’s Strategy Faces Lawsuit Over Misleading Bitcoin Claims

Michael Saylor’s Strategy and its officials are accused by a California-based investor of breaching federal securities laws by making false and misleading statements. The complaint was filed in the U.S. District Court for the Eastern District of Virginia on Friday.  Anas Hamza accused Strategy and its officials, including the co-founder

May 20, 2025 2 mins read
JP Morgan CEO Jamie Dimon Allows Bitcoin Purchases, Maintains Skepticism

JP Morgan CEO Jamie Dimon Allows Bitcoin Purchases, Maintains Skepticism

The Chief Executive Officer of JP Morgan, Jamie Dimon, has revealed that the bank will permit its clients to purchase Bitcoin but will not custody the cryptocurrency in the near future.  On May 19, at the firm’s annual investor day, the CEO asserted that we were going to permit you

May 20, 2025 2 mins read
Dubai VARA Sets June 19 Deadline for Crypto Firms to Comply with New Rules

Dubai VARA Sets June 19 Deadline for Crypto Firms to Comply with New Rules

The crypto regulator of Dubai has given a deadline of June 19 to various digital assets companies to comply with its updated activity-based rulebooks to boost market integrity as well as risk oversight.  Dubai’s Virtual Assets Regulatory Authority (VARA) publicized on May 19 that it had launched Version 2.0 of

May 19, 2025 2 mins read
Ripple Partners with Zand Bank and Mamo to Expand in UAE

Ripple Partners with Zand Bank and Mamo to Expand in UAE

Ripple has recently collaborated with two new partners, Zand Bank and fintech company Mamo, in order to widen its network in the United Arab Emirates (UAE). The collaboration will help to leverage its blockchain-based cross-border payments platform.  On May 19, Ripple released a press release to make an announcement, followed

May 19, 2025 2 mins read
El Salvador’s Bitcoin Holdings Surpass $644M Amid BTC Rally

El Salvador’s Bitcoin Holdings Surpass $644M Amid BTC Rally

The recent price surge of Bitcoin has led to an increase in the value of the BTC holdings of El Salvador. The President of the nation posted a screenshot on X  that showed the current worth of Bitcoin holdings being more than $644 million.  The post also reveals that the

May 19, 2025 2 mins read
Dogecoin Open Interest Hits $1.3B as Traders Increase Positions

Dogecoin Nears Key Support as Bullish Momentum Wanes

The largest memecoin by market capitalization, Dogecoin (DOGE), was hovering around $0.2176, showing a 0.82% loss in the past 24 hours. The coin started this week at a price of $0.2405 and has been down 8.96% since then.  Dogecoin has also witnessed an intraday high of $0.2372 and an intraday

May 19, 2025 2 mins read
SEC and Everstake Discuss Regulatory Clarity on Non-Custodial Staking

SEC and Everstake Discuss Regulatory Clarity on Non-Custodial Staking

The US Securities and Exchange Commission and Everstake are in discussions to explore clearer regulatory definitions revolving around taking and blockchain networks. Recently, both bodies held a meeting related to the Crypto Task Force of the SEC.  The meeting was followed by the staking of more than 193 billion dollars

May 17, 2025 2 mins read
Shiba Inu Analysts Predict Parabolic Rally to New All-Time Highs: Here's Why

SHIB Price Dips 5.67% Despite Bullish Sentiment and Shibarium Milestone

The Shiba Inu (SHIB) price today is hovering at $0.00001414, around 5.67% down in the past 24 hours and slipping from an intraday high of $0.00001516. It has slipped by around 11.16% in the past seven days. However, the dog-theme-based token is 19.05% up in the past 30 days. SHIB

May 17, 2025 2 mins read
Saudi Central Bank Gains Indirect Bitcoin Exposure via Strategy Investment

Saudi Central Bank Gains Indirect Bitcoin Exposure via Strategy Investment

The Saudi Central Bank has recently unveiled an investment in a Strategy, an American development company. After the investment, the bank got its first indirect exposure to Bitcoin.  The bank made a filing on May 16 with the US Securities and Exchange Commission in which it mentions that it now

May 17, 2025 2 mins read
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