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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

North Carolina Introduces Bill to Allocate 10% of State Funds to Bitcoin

North Carolina Introduces Bill to Allocate 10% of State Funds to Bitcoin

North Carolina is the 20th U.S. state to propose Bitcoin reserve legislation. The lawmakers have introduced House Bill 92 (HB 92) to allow the state treasurer to invest up to 10% of public funds in BTC and other high-value digital assets. The bill, sponsored by House Speaker Rep.  Destin Hall,

February 11, 2025 2 mins read
Base Defends Moving Sequencer Fees to Coinbase Amid Transparency Concerns

Base Explains Off-Chain Storage of Sequencer Fees Amidst Growing Concerns

Base, Coinbase’s Ethereum Layer 2 network, is facing scrutiny for transferring its sequencer fee earnings to Coinbase. Critics argue the move lacks transparency and raises questions about fund usage. Santisa, Lucidity’s chief investment officer, first flagged the issue on X. He shared Etherscan data showing regular ETH transfers from the

February 10, 2025 2 mins read
Aptos (APT) Drops to $6.20 Amid Weak Market Sentiment

Aptos (APT) Rises 6% as Global Crypto Market Volume Hits $105B

The global crypto market cap has reached $3.19 trillion, marking a 0.13% increase in the past day. The total crypto market volume surged 38.95% to $104.15 billion, reflecting rising trading activity. Amid this trend, Aptos (APT) is up 6.02%, trading at $6.27.  Its market cap climbed 6.07% to $3.6 billion,

February 10, 2025 2 mins read
TRUMP Token Drops Below $13 With Bearish Indicators; Is More Downside Coming?

TRUMP Token Drops Over 10% Amid Global Crypto Market Cap Decline

Trump’s pro-crypto stance is reshaping the industry. Reports suggest the Trump family and associates earned nearly $100 million from $TRUMP token trading fees. His victory over Kamala Harris was a pivotal moment for crypto enthusiasts. Many expected his administration to push crypto-friendly policies. While some policies have supported the sector,

February 10, 2025 2 mins read
Ethereum Foundation Appoints New Co-Executive Directors Amid Leadership Shakeup

ETH Price Rises as Ethereum Foundation Shifts 50,000 ETH to DeFi

Ethereum (ETH) is currently priced at $2,666.49 which showing a 1.91% gain in the last 24 hours. Its market cap has also climbed to $321.4 billion, up by 1.92%. Still, trading activity has slowed down with the 24-hour volume dropping nearly 49% to $15.15 billion. The Ethereum Foundation has moved

February 9, 2025 2 mins read
FTX Sends Fund Distribution Emails While $345M in Claims Await KYC

FTX Sends Fund Distribution Emails While $345M in Claims Await KYC

FTX has started notifying creditors with claims under $50,000 about their initial fund allocation. The exchange has emailed affected creditors, informing them of the next steps to receive their payments. Sunil, a representative of FTX creditors, confirmed this update in a recent X post. FTX Claims FTX are notifying claims

February 9, 2025 2 mins read
Is Ethereum Stuck in a Rut or Ready for a Rebound?

Ethereum (ETH) Struggles Below $2,800 as Market Weakness Persists

Ethereum (ETH) is struggling as its price falls 1.07% to $2,747.84. The market cap has dropped 1.06% to $331.19 billion. Trading volume has declined 5.28%, now standing at $28.58 billion. The market cap ratio is 8.83%, indicating moderate liquidity.  Ethereum has been under selling pressure, failing to break key resistance

February 7, 2025 2 mins read
Cboe BZX Files for Spot XRP ETFs as Approval Odds Rise

Cboe Files Four Spot XRP ETF Applications Amid Crypto Market Slump

Cboe BZX Exchange has filed four separate applications to the U.S. Securities and Exchange Commission (SEC) to list spot XRP exchange-traded funds (ETFs). Asset managers WisdomTree, Bitwise, 21Shares, and Canary Capital are seeking to launch the first U.S.-based spot XRP ETFs. The move comes despite XRP’s 25% price decline in

February 7, 2025 2 mins read
El Salvador Expands Bitcoin Reserves While Adjusting Policies for IMF Agreement

El Salvador Expands Bitcoin Reserves While Adjusting Policies for IMF Agreement

El Salvador continues to expand its BTC holdings despite recent policy changes. On February 4, the Central American nation added 12 Bitcoins to its reserves, increasing the total to 6,068 BTC, valued at over $554 million. The government purchased 11 Bitcoin for about $1.1 million, averaging $101,816 per BTC. Later,

February 5, 2025 1 min read
Ripple’s XRP Ledger Recovers After Hour-Long Halt

Ripple’s XRP Ledger Recovers After Hour-Long Halt

The XRP Ledger (XRPL) experienced an unexpected block production halt on February 4, lasting 64 minutes. Ripple CTO David Schwartz confirmed the disruption, citing validation publication issues as the cause. Network activity froze at ledger height 93927174 before validators manually intervened to restore operations. The network is now recovering. We

February 5, 2025 2 mins read