Author: Mahamat Ashraf

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Mahamat Ashraf

Passionate and creative gaming content writer with 3 of experience in the gaming industry. I specialize in crafting captivating narratives, game reviews, and engaging content that resonates with gamers of all genres. A dedicated lore enthusiast, I excel in exploring and expanding upon the rich stories that games have to offer. As a gamer myself, I bring an authentic and enthusiastic voice to my work, connecting with the gaming community on a personal level. Let's level up your gaming content together!

Articles by Mahamat Ashraf

Solana experiences high volatility, including large transaction failures and scam projects

40 mins ago 1 min read

Solana (SOL) is experiencing praise and critique as it experiences extreme highs and lows. Despite successes, the ecosystem faces hurdles and constant inspection, bringing acclaim and criticism. Despite Solana’s $2 billion trading volume in April, the network had a 72% transaction failure rate, worrying investors and experts. A new meme currency dubbed CoolCoin (COOL) has joined the fray, only to be affected by fraud. Lookonchain, an on-chain analytics startup, reports that a “sniper/insider” dumped COOL tokens on unwary investors. This insider earned $1.68 million in an hour with a large percentage of COOL tokens worth over $20 million. Lookonchain warned,

Bitcoin (BTC) dominance hits 3-year high as BTC price dip pressures altcoins

2 weeks ago 1 min read

The price of Bitcoin (BTC) had a significant decline over the weekend, triggered by a series of liquidations, causing BTC to drop below $65,300. Altcoins had more unfavorable conditions, as a significant number of the top twenty cryptocurrencies witnessed a decline of over 15%. As a result, altcoins lost their part of the cryptocurrency market to Bitcoin, making the recent highs the most dominated by Bitcoin since April 2021. Bagsy, a renowned trader and social media commenter, acknowledged the chart’s remarkable nature, given the constant influx of new altcoins entering the market daily. Daan Crypto Trades saw a significant disparity

Bitwise seeks UK SEC approval for Ethereum ETF

4 weeks ago 1 min read

Bitwise has submitted an application for an Ethereum Exchange-Traded Fund (ETF) after achieving favorable results with its Bitcoin ETF. The application incorporates a correlation study between ETH and BTC, with the objective of presenting evidence to the SEC that an Ethereum ETF should be granted permission based on shared characteristics in market dynamics. Bitwise is diversifying its investment portfolio by entering the Ethereum market with the introduction of the Bitwise Ethereum Strategy ETF (AETH), which provides investors with the opportunity to trade Ethereum futures. Bitwise’s ETF proposal distinguishes itself from other rivals by not include any mention of staking, which

IBIT and FBTC Bitcoin ETFs become top picks at BlackRock and Fidelity in record time

1 month ago 1 min read

BlackRock and Fidelity Investments have reached a significant achievement with their Bitcoin ETFs, IBIT and FBTC, becoming the leading options in their investment portfolio in less than 50 days. Despite overseeing a diverse portfolio of 420 ETFs, IBIT was responsible for more than 50% of BlackRock’s yearly net inflows. In the same way, FBTC had the highest amount of money coming into Fidelity, garnering five times more capital than any other fund. The consistent influx of funds into these Bitcoin ETFs over a period of 49 days highlights their remarkable performance, placing them in a select group of ETFs that

Fantom (FTM) surges by over 120% within a month

1 month ago 1 min read

Fantom (FTM) has shown resilience and solidified its position as a top player in the industry, despite the downturn caused by Bitcoin’s (BTC) recent drop below the $61,000 threshold. Over the past 24 hours, FTM has reached a 12-year high of $1.08, marking a 120% surge within a month. Currently trading at $0.9386, FTM has seen an impressive 11% surge, with a trading volume of $1 billion and a market capitalization of $2 billion. However, expert traders warns users as the daily RSI stands at 64, signaling an overbought situation. On the other hand, analysts predict that if bullish momentum

Over $700 million of short and long positions get liquidated as Bitcoin fell below $67,000

2 months ago 1 min read

Bitcoin’s price has experienced a significant correction, trading below $67,000, a 8.9% drop in the last 24 hours. This has led to massive liquidations, with over $700 million long positions being liquidated. According to Coinglass, over $530 million in longs and $140 million in short positions have been liquidated, with $220 million in BTC longs being liquidated. Most liquidations occurred on Binance and OKX exchanges, with $248 million and $236 million respectively. Ethereum, the second-largest crypto in market cap, also dropped below $3,700, down 10% in the last 24 hours. The total net inflow of Bitcoin spot ETFs on March

Ethereum crosses $4K after surging by over 5%

2 months ago 0 mins read

Ethereum’s price has risen 4.92% in the past 24 hours to $4,003, with a 17.0% increase over the past week. The second-largest crypto by market cap has an all-time high is $4,878.26, which means the coin has a long way to go before hitting a new ATH. Additionally, the chart compares price movement and volatility over the past 24 hours and week, using Bollinger Bands to measure volatility. Furthermore, trading volume has fallen 0.0%, while the overall circulating supply has increased 0.25%, bringing the circulating supply to 120.11 million. ETH’s current market cap ranking is #2 at $479.62 billion. The

Binance to transfer large amount of Bitcoin (BTC) to another address as part of its wallet maintenance

2 months ago 1 min read

Binance, the world’s leading crypto exchange, has issued a warning about large-scale Bitcoin transfers due to routine wallet maintenance. The exchange said it will be moving a significant amount of BTC to another address within its network. While announcing the move, the exchange reassured users that these transactions are part of internal operations and not indicative of any outward flow of funds. The crypto exchange has taken the proactive step of informing users and the wider crypto community about the impending transfers, as the crypto hit its all-time high of $69,050 before dropping to around $67,000.

Pepe memecoin experiences a remarkable surge of 150%, surpasses BONK

2 months ago 1 min read

Pepe (PEPE) meme coin has seen a 65% surge in trading volume over the past 24 hours, surpassing Bonk (BONK) as the third-largest meme coin by market capitalization. The surge has also led to over 90% increase in trading volume to over $1.40 billion. This performance aligns with a broader rally altcoins, especially meme coins. These meme coins have collectively achieved an average gain of 10% in the past 24 hours, reflecting growing interest across various networks. Likewise, the resurgence of meme coins coincides with the overall crypto market’s recovery, influenced by Bitcoin’s (BTC) recent rally to surpass the $61,000

Sheboshi NFTs spark Shiba Inu’s (SHIB) next big move, promising innovative ecosystem growth

2 months ago 1 min read

Shiba Inu’s Sheboshi non-fungible token (NFT) launch has sparked excitement within its community, leading to a surge in market activity. Influencer Lucie announced on X (formerly Twitter) that the project aims to innovate and grow the ecosystem. Moreover, the Shiba Inu’s development team is pushing the project beyond its meme coin image by introducing practical applications, such as the Shibarium Layer 2 network and the SHIB Identity blockchain initiative. In addition, the Shibarium network’s transactions surged to 3.95 million, stabilizing at 2.78 million. This highlights increased crypto market engagement. On top of that, the total value locked (TVL) in Shibarium

FTX exchange’s secret bank deal to profit from Tether revealed in court

2 months ago 1 min read

Bloomberg published the lawsuit on February 17. The lawsuit says that the FTX crypto exchange allegedly profited from Tether (USDT) by using a covert agreement with Deltec Bank. As per Caroline Ellison, the former CEO of Alameda Research, the company could produce USDT on credit and sell it for a profit through an unauthorized line of credit with Deltec without having to pay for it right away. Alameda generated billions of dollars in USDT through the arrangement in 2020 and 2021 by selling the crypto for a profit and then paying for the expenses. By using this strategy, referred to

Stacks (STX) token surges by over 30% in the past 24 hours, reaching 22-month high

2 months ago 1 min read

Stacks (STX) is the crypto that has gained the most out of the top 100. The price increase coincides with a 22-month high in the global crypto market capitalization. As of this writing, STX is trading at $2.67, up 27% over the last 24 hours. Earlier today, the asset briefly reached a 26-month high of $2.8, a price last seen in December 2021. After the price increase, STX became the 29th-largest crypto when its market cap surpassed the $3.8 billion threshold. The increase occurs as the value of the entire crypto market exceeds $2 trillion, with Bitcoin (BTC), the most