Author: Mahamat Ashraf

Article written by Mahamat Ashraf

Bitcoin surges past $44,000 in the last 24 hours

December 6, 2023 2 mins read

Bitcoin (BTC) is on an incredible rise, breaking through the $44,000 barrier and reaching its highest level since April 2022. Analysts are paying attention to the crypto’s impressive rise, which has increased by more than 160% this year. Meanwhile, JPMorgan CEO Jamie Dimon issued a warning, highlighting potential economic challenges for the United States soon. The dominance of Bitcoin in the current market rally can be attributed to its status

Coinbase launches a feature that allows users to send crypto via social media links

December 6, 2023 1 min read

Coinbase Wallet has launched a feature that will change the way users transfer crypto. Users can now send digital assets through social media links with the click of a button, making crypto enthusiasts’ lives easier. This significant update, announced in a blog post on December 5, represents a significant step forward in making crypto transfers more accessible and efficient. The ability to facilitate instant and fee-free transfers using USD Coin

Excitement Builds as BlackRock and Bitwise Pursue Spot Bitcoin ETF Approval

December 5, 2023 1 min read

The approval of spot Bitcoin ETFs is a hot topic this week, especially in light of the recent filing of updated S1 prospectuses by Bitwise and BlackRock. As the price of Bitcoin surged above $42,000 on Monday night, the excitement reached its peak. James Seyffart, a strategist for Bloomberg ETFs, has been diligently updating his readers on the development of a spot Bitcoin ETF. Notably, BlackRock, a financial behemoth, entered

Will the THORChain (RUNE) price reach $15 in 2024?

December 4, 2023 2 mins read

In this comprehensive THORChain (RUNE) price prediction for 2023, we delve into RUNE’s intricate price patterns, utilizing trader-friendly technical analysis indicators to forecast the cryptocurrency’s potential movements in the coming year. Understanding THORChain (RUNE) The native utility token for the THORChain platform, a decentralized cross-chain liquidity protocol, is THORChain (RUNE). The project arose from a hackathon in 2018, with its native token, RUNE initially launched as a BEP-2 token and

Ripple Unlocks 1 Billion XRP Tokens: What Does This Mean for the XRP Community?

December 1, 2023 1 min read

Ripple Labs, the company behind XRP, has restarted its monthly release program, releasing 1 billion XRP tokens from its Escrow reserve. This routine transaction, revealed by leading cryptocurrency tracker Whale Alert, occurred in three consecutive whale transactions. The first transaction resulted in the release of 200 million XRP tokens worth $120.4 million. The second transaction followed quickly, revealing 300 million tokens worth around $180.6 million. The final whale transaction from

The witty response Charles Hoskinson had regarding Ethereum’s staking changes

November 27, 2023 1 min read

The rivalry between Ethereum’s Vitalik Buterin and Cardano’s Charles Hoskinson has become caustic. Buterin freely admitted to Ethereum’s centralization during a Turkish event, and he suggested reworking the platform’s staking mechanism. Sarcastic in his response, though, was Charles Hoskinson, a well-known supporter of Cardano, who stated, “No worries, Ethereum 3 will have it all sorted.” This conversation highlights the continuous struggle for supremacy in the cryptocurrency ecosystem between the two

Crypto Industry Faces Regulatory Turbulence: SBF Detained, CZ Resigns as Binance CEO

November 23, 2023 1 min read

Regulatory challenges have taken center stage in a turbulent period for the crypto industry, with significant figures facing legal issues and exchanges dealing with enforcement actions. Following the decision of the United States Court of Appeals to uphold his detention, Sam Bankman-Fried (SBF), the founder of crypto exchange FTX, will remain detained. SBF was arrested after being accused of defrauding consumers and investors. SBF was initially placed under house arrest,

Binance CEO CZ will live in the UAE while he awaits sentencing

November 22, 2023 1 min read

Changpeng Zhao, also known as CZ, the founder of Binance, has been granted permission to remain in the United Arab Emirates (UAE) while awaiting sentencing next year. This comes after Zhao pleaded guilty to violating US anti-money laundering laws, resulting in a $4.3 billion settlement and his subsequent resignation from Binance. BitMEX Research shared details of the court proceedings in a tweet, providing insight into the factors that led to

Philippines Explores Blockchain and CBDC for Government Bond Sales

November 21, 2023 1 min read

The Philippines is planning to work with the central bank to investigate the possibilities of blockchain technology for the sale of government bonds. The Treasury is considering blockchain technology in light of its successful tokenized bond campaign to raise 15 billion pesos ($271 million). To better understand the benefits and drawbacks of central bank digital currency (CBDC), the Bangko Sentral ng Pilipinas (BSP) is now testing CBDC for use in

Shiba Inu (SHIB) Token Burns Surge, but Market Impact Remains Limited

November 20, 2023 1 min read

The Shiba Inu (SHIB) community has observed a rise in the practice of burning tokens, which is a tactic used to lower the quantity in circulation. The price of the SHIB token has not changed significantly over the last couple of days, despite this uptick. Burning tokens is a popular strategy used to affect a crypto’s value by reducing the amount in circulation. However, there is disagreement regarding this strategy’s

Whale sells over $97 million in Ethereum (ETH) on exchanges

November 19, 2023 1 min read

A HashKey wallet made headlines after selling a large amount of Ethereum (ETH) worth $97.7 million. According to on-chain monitoring platform Lookonchain, the wallet managed the transfer of 50,115 ETH to Binance and OKX exchanges over a 10-day period, while simultaneously withdrawing about $102.5 million in Tether (USDT) and USD Coin (USDC) stablecoins. Despite this substantial drop, the price of ETH has risen by 1.26% in the last 24 hours

Dogecoin (DOGE) surges by over 11% in the last few hours

November 17, 2023 1 min read

In an unexpected turn of events, Dogecoin (DOGE) has seen a remarkable surge of more than 11%, while major cryptocurrencies like Bitcoin and Ethereum are facing a market dip. The surge in activity and rekindled interest in meme-based crypto are the reasons for this unanticipated upswing. This surge appears to have been sparked by conjecture related to the Astrobotic lunar mission. Fans are counting down the seconds until “Physical Dogecoins”