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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

Cynthia Lummis Backs a Bitcoin Reserve for the US, Citing 24/7 Auditability

Senator Cynthia Lummis to Chair First Senate Digital Assets Subcommittee

The U.S. Senate Banking Committee is set to launch its first-ever subcommittee dedicated to digital assets. This move reflects the Senate’s commitment to addressing the growing impact of cryptocurrency on the financial sector. Senator Cynthia Lummis (R-Wyo.), a staunch Bitcoin advocate, is expected to chair the panel pending a committee

January 10, 2025 2 mins read
Bitcoin Tumbles Below $95K as Market Faces $700M Liquidations

Bitcoin Tumbles Below $95K as Market Faces $700M Liquidations

Bitcoin has dropped below $95,000, down 6.05% in 24 hours. The current price sits at $94,661.27, while the market cap has fallen to $1.87 trillion. Trading volume surged by 38.90% to $67.21 billion, reflecting heightened activity amid the selloff. Bitcoin’s market cap ratio remains at 3.52%, with a total supply

January 8, 2025 2 mins read
SEC Pushes Back Decision on BlackRock Ethereum ETF Options

Ethereum (ETH) Bears Take Control as Price Drops 10%

Ethereum (ETH) is currently trading at $3,330.61, reflecting a 9.40% decline over the past 24 hours. The market capitalization stands at $401.25 billion, down 9.41% during the same period. Trading volume surged by 71.15% to $37.19 billion, indicating heightened market activity.  The market cap ratio has risen to 9.22%. Ethereum’s

January 8, 2025 2 mins read
Galaxy Digital Offloads $12.4M ENA Amid 14% Drop as Bearish Signals Persist

Galaxy Digital Offloads $12.4M ENA Amid 14% Price Drop

Galaxy Digital deposited 4.46 million ENA ($4.92 million) to Binance nine hours ago, continuing a major selloff. Over the last 29 hours, they offloaded 10.85 million ENA ($12.4 million) at an average price of $1.144, generating a $2.37 million profit. In total, three whales, including Galaxy Digital, have transferred 25.81

January 8, 2025 2 mins read
U.S. Spot Bitcoin ETFs See Record Inflows of Nearly $1 Billion

U.S. Spot Bitcoin ETFs See Record Inflows of Nearly $1 Billion

Bitcoin (BTC) has surged past the $100,000 mark again, driven by significant institutional purchases from U.S. Spot Bitcoin ETFs. The influx of nearly $1 billion over Friday and Monday has helped Bitcoin maintain its upward momentum.  This robust buying trend suggests strong institutional confidence in the flagship cryptocurrency, even as

January 7, 2025 2 mins read
Nasdaq ISE Proposes Tenfold Increase in Bitcoin ETF Options Limits

Nasdaq ISE Proposes Tenfold Increase in Bitcoin ETF Options Limits

Nasdaq ISE has filed a proposal with the SEC to raise the position and exercise limits for iShares Bitcoin Trust ETF (IBIT) options. The exchange seeks to increase these limits from 25,000 to 250,000 contracts. This move reflects the ETF’s growing market cap and rising trading volume. Nasdaq ISE Proposes

January 7, 2025 2 mins read
Bunq Launches Crypto Trading in Europe, Partners with Kraken

Is Worldcoin (WLD) Poised for a Bullish Rally in the Coming Days?

Worldcoin (WLD) reached $2.79 and is currently trading at $2.55, ranked #60 in the cryptocurrency market with a market cap of $2.2 billion, reflecting a 4.26% increase. Over the past 24 hours, WLD saw a surge of 3.75%, and its trading volume skyrocketed by 170.28%, reaching $711.07 million.  This surge

January 7, 2025 2 mins read
Michael Barr Resigns as Fed Vice Chair Ahead of Trump's Term

Michael Barr Resigns as Fed’s Vice Chair Ahead of Trump’s Term

Michael Barr, the Federal Reserve’s vice chair for supervision, announced he will step down from his role on February 28, 2025, in a move that will allow President-elect Donald Trump to appoint a new banking regulator. Barr’s resignation ends a four-year term that was set to last until 2026. However,

January 7, 2025 2 mins read
: Pakistani Crypto Trader Abducted and Forced to Transfer $340K

Pakistani Crypto Trader Abducted and Forced to Transfer $340K

A cryptocurrency trader in Karachi, Pakistan, faced a terrifying ordeal on December 25, 2024. Mohammed Arsalan, aged 30, was abducted by a group of armed men and forced to transfer $340,000 from his Binance account. The suspects included seven individuals, one of whom was an officer from the Counter-Terrorism Department

January 6, 2025 2 mins read
Toncoin (TON) Drops Over 4% After TD Sequential Flashes a Pullback Signal

Toncoin (TON) TD Sequential Signals a Price Rebound

Toncoin (TON) is trading at $5.66, with a slight 0.22% dip over the past day. The cryptocurrency’s market cap stands at $14.37 billion, maintaining its 14th position in market rankings.  Trading volume over the last 24 hours surged by 4.41% to $143.85 million, with a market cap ratio of 1%.

January 6, 2025 2 mins read