Author: Judith Faith

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Judith Faith

Judith Faith has been writing about cryptocurrencies and blockchain technology for over five years. She is well versed in the industry and has an extensive network of industry contacts. She is also a frequent contributor to various cryptocurrency publications. With her vast knowledge and experience, she is able to provide insightful and valuable content to her readers. Judith is also an active investor in the cryptocurrency space and has a vested interest in the success of the industry.

Articles by Judith Faith

Ether and Ethereum-based tokens saw a significant increase in value

Ethereum Rallies on Ether ETF Anticipation Amid Bitcoin ETF Expectations

3 months ago 1 min read

In a dramatic shift in the crypto market, Ether and Ethereum-based tokens saw a significant increase in value, fueled by traders’ anticipation of a potential Ether ETF following the expected approval of a Bitcoin ETF in the US. While the price of Ether surpassed $2,400, Bitcoin suffered a temporary setback as a result of deceptive tweets from the hacked SEC’s X account. A prominent financial institution, BlackRock, has filed an application with the SEC for an Ether ETF, indicating a growing interest in Ethereum-based investments. The crypto community is preparing for the possibility of this new investment avenue, which will

Lido DAO (LDO) Surges to 52-Week High: A Look Behind the Scenes

This whale withdraws 450,000 LDO tokens worth around $1.5 million

3 months ago 1 min read

With its impressive price increase, the DeFi token Lido DAO (LDO) recently made waves in the crypto space. According to CoinMarketCap data, LDO reached a new 52-week high of $3.60 on January 6, representing a remarkable increase of more than 15%. The crypto community was drawn to a notable event when a whale trader known as 0xfc9 executed a significant move on Coinbase. This trader swapped Render for Lido DAO in the early hours of Saturday, making a strategic move in the volatile market. The whale withdrew a significant amount of LDO tokens, approximately 450,000, worth approximately $1.5 million. They

Internet Computer (ICP) Skyrockets

The Internet Computer (ICP) surges by over 180% in the past four weeks

4 months ago 1 min read

The Internet Computer (ICP) has taken the crypto market by storm, with a four-week surge that has catapulted its value to an impressive high of $16.30. This surge has been spectacular, with a parabolic trajectory displaying decisive breakouts from key resistance levels, indicating a significant shift in market dynamics. The break from a long horizontal resistance zone that had persisted since April 2022 has been the most notable feature of ICP’s recent performance. This zone had kept the price in check, posing a difficult barrier to further upward movement. However, in a remarkable turn of events, ICP overcame this resistance,

Orbit Chain Faces Major Security Breach, Losing $81.68 Million in Crypto

Orbit Chain suffers a major breach, losing $81.68 million in crypto

4 months ago 1 min read

Orbit Chain, a cross-chain bridge, suffered a significant security breach on December 31, resulting in losses totaling around $81.68 million across various crypto. The breach has raised concerns about the blockchain industry’s security landscape in 2023, and investigations are currently underway by cybersecurity firm Theori, with international law enforcement agencies involved. Orbit Chain, which was founded in South Korea in 2018, acts as a cross-chain bridge for asset transfers between Ethereum Virtual Machine-compatible networks and Klaytn. Users seeking transaction cancellations and fund returns have expressed concern about the security breach, which occurred on the last day of the year. However,

Grayscale has made a significant step forward by submitting a new request to the SEC to convert its Bitcoin Trust (GBTC) into a Bitcoin ETF.

Grayscale aims for early Bitcoin ETF approval by the SEC and adapts to a cash-only model

4 months ago 1 min read

Grayscale has made a significant step forward by submitting a new request to the Securities and Exchange Commission (SEC) to convert its Bitcoin Trust (GBTC) into a Bitcoin Exchange-Traded Fund (ETF). This strategic shift aligns with Grayscale’s goal of obtaining early approval for its Bitcoin ETF, with the SEC expected to make a critical decision by January 10, 2024. Grayscale’s recent filing is notable for its willingness to embrace a cash-only model, a requirement imposed by the SEC. Unlike traditional ETFs, which allow for in-kind trades, ETFs that operate on a cash-only model only conduct transactions in cash. This adaptation

Hong Kong Sets the Stage for Fiat-Referenced Stablecoin Regulation, Invites Public Input Until Feb 29, 2024

Hong Kong Sets the Stage for Fiat-Referenced Stablecoin Regulation, Invites Public Input Until February 29, 2024

4 months ago 1 min read

Hong Kong has made an important step forward by revealing plans to regulate fiat-referenced stablecoins (FRS), a type of digital currency that is pegged to fiat currencies. The announcement was made on December 27 by the Financial Services and Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA). The regulatory bodies have invited public input on this proposal until February 29, 2024, and are accepting opinions and insights. According to the proposed rules, any company intending to offer FRS in Hong Kong must obtain a special license from the HKMA. To obtain this license, businesses must ensure that their

NEAR's value has increased by 80% in the last seven days

NEAR Protocol (NEAR) Is Up 80% In The Last 24 Hours

4 months ago 1 min read

Amid a bearish crypto market, NEAR Protocol (NEAR) has emerged as a notable exception, demonstrating remarkable resilience and defying the prevailing downtrend. Its trajectory has been one of consistent upward momentum, a trend that began in mid-December and has since gained strength. Unlike general market sentiment, which has been characterized by a downturn, NEAR has not only weathered the storm but has also risen impressively. The crypto’s value has increased by 80% in the last seven days, attracting the attention of both market participants and enthusiasts. This surge has effectively doubled NEAR‘s base value, which was $4.24 at the time.

Arbitrum soared to an eight-month high of over $1.5

Arbitrum (ARB) Surges By Over 20%, Hitting 8-Month High

4 months ago 1 min read

Arbitrum, Ethereum’s layer-2 network, soared to an eight-month high of $1.4567. The surge amounted to an impressive 20% increase in the last 24 hours, accompanied by a significant 315% increase in trading volume. This surge increased Arbitrum’s market capitalization by an astounding 15%. During this market frenzy, significant strategic moves were revealed. Spotonchain data revealed that a whale identified as 0x0db withdrew 2.91 million ARB, worth $3.53 million, from OKX at $1.21. This strategic move resulted in a holding of 4.15 million ARB, valued at $5.62 million, with a notable floating gain of $924K. It’s worth noting that this whale

BlackRock and Nasdaq recently met with the US SEC to discuss the potential launch of Bitcoin Exchange-Traded Fund (ETF).

BlackRock and Nasdaq Collaborate with SEC on Game-Changing Bitcoin ETF

4 months ago 1 min read

BlackRock and Nasdaq recently met with the US Securities and Exchange Commission (SEC) to discuss the potential launch of a groundbreaking Bitcoin Exchange-Traded Fund (ETF). The meeting focused on BlackRock’s Bitcoin ETF proposal, which represents a significant step toward providing a novel way for individuals to invest in Bitcoin through traditional stock market channels. The meeting’s disclosed memo highlighted key discussions, with a focus on Nasdaq’s regulations governing the listing of ETFs. These regulations are critical to the ETF’s safe and equitable operation. Surveillance and compliance measures were emphasized in particular to maintain market integrity and fortify defenses against potentially

Aurory Gaming on Solana Faces Major Hack

Aurory gaming on Solana was hit by a major hack, losing 80% in AURY-USDC pool

4 months ago 1 min read

Aurory, a Solana blockchain-based gaming platform, recently experienced a significant security breach, resulting in an 80% loss in its AURY-USDC pool liquidity. The exploit targeted Camelot’s DEX Arbitrum’s SyncSpace Aurory Bridge, prompting the Aurory team to take immediate action. The hacker exploited a vulnerability in the SyncSpace bridge to withdraw and sell approximately 600,000 $AURY tokens to Arbitrum. In response, the team quickly disabled SyncSpace to avoid further complications while also protecting user funds and NFTs. It’s worth noting that the stolen $AURY tokens came from the team’s wallet, not from user funds. The team worked proactively to stabilize the

IMF Chief Emphasizes Crypto Regulation for Global Financial Stability and Innovation

IMF Chief Emphasizes Crypto Regulation for Global Financial Stability and Innovation

4 months ago 1 min read

During a digital currency conference in Seoul, Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), emphasized the critical need for comprehensive crypto regulations. While acknowledging crypto’ innovative potential, Georgieva emphasized the importance of regulating the crypto sector to strike a balance between fostering innovation and ensuring global financial stability. While acknowledging the innovative nature of crypto, Georgieva cautioned that its unregulated proliferation could pose a threat to global financial stability. According to Reuters, the rapid adoption of crypto has the potential to disrupt critical financial systems as well as the global macroeconomy. The IMF‘s primary goal is to

Avalanche (AVAX) has defied the current market downturn, gaining 13% in the last 24 hours

Avalanche (AVAX) is up by over 14%, trading at $40

4 months ago 1 min read

Avalanche (AVAX) has defied the current market downturn, gaining 13% in the last 24 hours. This outstanding performance has propelled AVAX into the coveted top ten cryptocurrencies by market cap. Notably, the value of AVAX has more than doubled since the beginning of 2023, and it has gained 84.28% in the last week, reclaiming the $40 level for the first time since May of the previous year. Avalanche (AVAX) has now surpassed Dogecoin (DOGE) to become one of the top ten cryptocurrencies by market capitalization. The crypto’s rising market cap puts it on a path similar to Solana’s recent meteoric

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