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Sindhu

Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.

Posts by Sindhu

Trump Considers Paul Atkins for SEC Chair Signaling Crypto-Friendly Policies

Trump Team Considers Paul Atkins to Replace Gary Gensler

President-elect Donald Trump’s team has interviewed former SEC Commissioner Paul Atkins as a candidate to replace Gary Gensler as SEC Chairman. Atkins, a Republican commissioner during the George W. Bush administration, is known for his pro-innovation stance on cryptocurrency and financial regulation. Trump is expected to announce his decision in

November 28, 2024 2 mins read
Cardano (ADA) Price Climbs 10.70% as Whales Accumulation Surge

Cardano Price Climbs 10.70% as Whales Accumulation Surge

Cardano (ADA) witnessed a remarkable 10.69% surge in price over the last 24 hours, trading at $0.9959. The market cap soared to $34.93 billion, reflecting the same percentage gain, with a trading volume of $2.58 billion. However, the market cap ratio dropped by 20.41%, indicating reduced activity despite the price

November 27, 2024 2 mins read
ENA Soared 14% as Arthur Hayes Bets Big on Token’s Recovery

ENA Soared 14% as Arthur Hayes Bets Big on Token’s Recovery

ENA soared 14% today, reaching $0.6435 and outperforming many market peers. The token’s market cap stands at $1.82 billion, reflecting a 10.68% increase in the past 24 hours.  Arthur Hayes, Co-Founder of BitMEX and CIO, has significantly increased his position in Ethena (ENA). His latest crypto portfolio reveals a balance

November 27, 2024 2 mins read
Flashbots Launches BuilderNet to Decentralize Ethereum’s Block Building

Flashbots Launches BuilderNet to Decentralize Ethereum’s Block Building

BuilderNet, a decentralized block-building network for Ethereum, was officially launched on November 26. Operated by Flashbots, Beaverbuild, and Nethermind, this network aims to address centralization issues while bolstering censorship resistance and neutrality on Ethereum. Ethereum currently uses a proposer-builder separation model for block construction. Builders create blocks, and proposers select

November 27, 2024 2 mins read
US Court Lifts Sanctions on Tornado Cash Smart Contracts Not Property

US Court Lifts Sanctions on Tornado Cash Smart Contracts

The U.S. Fifth Circuit Court of Appeals has ruled that the Treasury Department’s Office of Foreign Assets Control (OFAC) overstepped its authority in sanctioning immutable smart contracts of Tornado Cash. The court found these contracts, as self-executing open-source software, cannot be classified as property under the International Emergency Economic Powers

November 27, 2024 2 mins read
Sandbox (SAND) Faces Bearish Pressure After Hitting Yearly High

Sandbox (SAND) Faces Bearish Pressure After Hitting Yearly High

The Sandbox (SAND) recently reached a yearly high of $0.86. However, the price has dropped 20% in the past 24 hours, now trading at $0.6061. Its market cap has fallen 19.54% to $1.47 billion, while trading volume plunged 59.37% to $2.06 billion. The volume-to-market cap ratio stands at 141.22%, signaling

November 26, 2024 2 mins read
Why Is the Global Crypto Market Down Today?

Why Is the Global Crypto Market Down Today?

The cryptocurrency market continues its slide, shedding $82 billion in the past 24 hours. The total crypto market capitalization now stands at $3.19 trillion, nearing critical support at $3 trillion. Bitcoin’s (BTC) price fell by 5.68%, trading at $92,981.58, while Ethereum and Dogecoin also suffered significant liquidations. Liquidation events spiked,

November 26, 2024 2 mins read
Bloomberg Analyst Predicts Potential Approval Timeline for Altcoin ETFs

Bloomberg Analyst Predicts Potential Approval Timeline for Altcoin ETFs

The approval of altcoin exchange-traded funds (ETFs) like Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) remains uncertain. Bloomberg analyst James Seyffart suggests decisions could extend into late 2025. Regulatory challenges and market constraints are the primary reasons for the delay. The U.S. Securities and Exchange Commission (SEC) has denied

November 26, 2024 2 mins read
Bitcoin Dips to $93K and Stabilizes at $94K Amid Liquidation Spike

Bitcoin Dips to $93K and Stabilizes at $94K Amid Liquidation Spike

Bitcoin steadied at $94k on Tuesday, rebounding after a sharp sell-off that pushed its price below $93,000 earlier in the day. The cryptocurrency saw a 24-hour decline of 5.1%, with liquidations across the crypto market reaching $553 million, including $415 million in long positions. Bitcoin is trading at $94,408, and

November 26, 2024 2 mins read
South Korea’s FSC Dismisses National Bitcoin Reserve Proposal

South Korea’s FSC Dismisses National Bitcoin Reserve Proposal

South Korea’s Financial Services Commission (FSC) has rejected plans to create a national Bitcoin reserve. The decision comes as U.S. President-elect Donald Trump pushes pro-crypto policies. FSC Chairman Kim Byung-hwan expressed caution, prioritizing investor protection over rapid adoption. 📢JUST IN: SOUTH KOREA'S FINANCIAL SERVICES COMMISSION (FSC) DROPS PLANS TO ESTABLISH

November 25, 2024 2 mins read
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