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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

Justin Drake Proposes "Beam Chain" for Ethereum's Consensus Layer

Justin Drake Proposes Beam Chain for Ethereum’s Consensus Layer

Ethereum Foundation researcher Justin Drake has introduced a proposal at Devcon for a comprehensive redesign of Ethereum’s consensus layer, termed the “Beam Chain.” Beam Chain combines several advanced upgrades from the Ethereum roadmap, including native zero-knowledge (ZK) proof support and faster finality. This proposal could mark Ethereum’s biggest transition since

November 12, 2024 2 mins read
Binance’s CZ Refutes ‘Bitcoin is Dead’ Claims Highlighting BTC’s Resilience

Binance’s CZ Refutes ‘Bitcoin is Dead’ Claims Highlighting BTC’s Resilience

Binance CEO Changpeng Zhao recently dismissed recurring claims that “Bitcoin is dead,” reaffirming Bitcoin’s durability in the face of doubt. Posting on X, CZ shared a link to the “Bitcoin is Dead” website, which catalogues predictions of Bitcoin’s decline. Despite its global financial influence, Bitcoin faces persistent criticism, a trend

November 12, 2024 2 mins read
Is Post-Halving Demand Fueling Bitcoin's Historic Rise?

Is Post-Halving Demand Fueling Bitcoin’s Historic Rise?

Bitcoin reached a historic milestone today, hitting an all-time high of $89,863. This new peak underscores the remarkable upward momentum Bitcoin has shown in recent days. The price surge reflects a 10.80% increase in the last 24 hours, with Bitcoin now trading at around $89,871.28.  Trading volume is also surging,

November 12, 2024 2 mins read
FTX Sues Binance and CZ for $1.8 B Over Fraudulent Transfer

FTX Sues Binance and CZ for $1.8B Over Fraudulent Transfer

FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, in a bid to recover nearly $1.8 billion. The lawsuit, filed on November 10, alleges that Binance and Zhao received these funds as part of a fraudulent share repurchase deal in July 2021. This move marks another

November 11, 2024 2 mins read
Will Dogwifhat WIF Maintain Its Bullish Momentum?

Will Dogwifhat (WIF) Maintain Its Bullish Momentum?

The meme-inspired cryptocurrency Dogwifhat (WIF) has been gaining substantial traction in recent market activity. At present, Dogwifhat’s price stands at $3.09, showing a 23.08% increase in the past 24 hours. Trading volume surged significantly, reaching $2.36 billion, a remarkable 316.53% rise, which indicates high buying interest. Its market cap has

November 11, 2024 2 mins read
Bitcoin Eyes $100K After Reaching New ATH of $97.6K

Bitcoin Hits $81K for the First Time as Bulls Lead Crypto Rally

Bitcoin’s price has soared past the $81,000 mark, setting a new record in market history, with the cryptocurrency reaching a market cap of over $1.5 trillion just days after Donald Trump’s election as President of the United States. Tokens including Ethereum, Dogecoin, and Cardano, have also seen notable gains, reflecting

November 11, 2024 2 mins read
Shiba Inu Burn Rate Soars Over 1300% as SHIB Price Shows Recovery

Shiba Inu Burn Rate Soars Over 1300% as SHIB Shows Price Recovery

The Shiba Inu burn rate has recently surged by 1323.66%, with 34,912,694 SHIB tokens burned within the last 24 hours. This burn rate spike is a positive indicator for SHIB holders, as reducing supply can lead to increased scarcity, potentially boosting the token’s value. Amid this development, SHIB has shown

November 9, 2024 2 mins read
Bitcoin Hits a New All-Time High Surging Above $77K

Bitcoin Hits a New All-Time High Surging Above $77K

Bitcoin (BTC) reached an all-time high today, surging to $77,000. Currently trading around $76,683, BTC has seen a 0.96% increase over the past day, with a trading volume of approximately $51.33 billion. This brings its market capitalization to $1.52 trillion, holding a market cap ratio of 3.38%.  The latest rally

November 9, 2024 3 mins read
Ethereum Launches Mekong Testnet for Pectra Upgrade Preview

Ethereum Launches Mekong Testnet for Pectra Upgrade Preview

The Ethereum Foundation has launched the Mekong testnet, a crucial step towards the upcoming Pectra upgrade. The testnet, which is a short-term environment, is designed to allow developers to explore user experience (UX) improvements and familiarize themselves with staking changes ahead of the Pectra fork. This development follows an extensive

November 7, 2024 2 mins read
SEC Seeks Dismissal of Kraken’s Key Defenses in Election Day Filing

SEC Seeks Dismissal of Kraken’s Key Defenses in Election Day Filing

The U.S. Securities and Exchange Commission (SEC) is seeking to dismiss critical defences raised by crypto exchange Kraken in an ongoing lawsuit. In a motion filed in the Northern District Court of California, the SEC argued Kraken had received sufficient notice of potential securities violations. The legal team, however, labelled

November 7, 2024 2 mins read