Bilal Jafar
In May 2021, Chainlink (LINK) entered the list of the world’s top 10 cryptocurrencies after topping the market cap of $50 billion for the first time in its history. Once ranked as the 5th most valuable cryptocurrency in the world, LINK is now trading at around $6, down...
Bitcoin mining, once known as one of the most profitable businesses, is now going through a rough patch. Amid rising global inflation, increasing energy prices, the crypto winter and a competitive environment, Bitcoin miners are finding it difficult to remain in business.
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In a speech at the opening of the Point Zero Forum on 22 June 2022, Heng Swee Keat, Singapore’s Deputy Prime Minister and Coordinating Minister for Economic Policies, said that the country is keen to work with “responsible” blockchain and digital asset players for the growth of Singapore’s...
Bitcoin supply on leading crypto trading platforms has plunged to its lowest level since November 2018 amid the recent market correction. According to the data posted by on-chain analytics platform Santiment, digital asset exchanges now hold just 9.3% of the BTC supply, compared to almost 15% in June...
Bitcoin plunged below $19,000 on 18 June amid a huge sell-off across the crypto market. BTC, once known as a strong contender for the title of ‘digital safe haven asset’, has now crashed by more than 70% in the past 7 months.
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The XRP network witnessed a major transfer on Thursday after a whale address moved almost $51 million worth of XRP coins from digital exchange Bithumb to an unknown wallet. The data published by Whale Alert, a blockchain tracking and analytics platform, showed that 150 million coins were moved...
Crypto asset managers across Europe and the US manage billions of dollars worth of digital currencies. Grayscale alone has more than 600,000 Bitcoin under management. Due to its massive scale, the crypto asset management industry plays an important role in the growth of the crypto ecosystem. Amid the...
On Saturday, Bitcoin dipped below $29,000 for the first time in June 2022 after a price drop of approximately 5% on 10 June. While BTC’s price is struggling to gain any sort of momentum, its hash rate is eyeing another all-time high above 230 Exahash.According to the latest...
The crypto ecosystem is not ‘just’ about crypto anymore. The leading companies in the digital asset industry are now planning to enter the traditional financial world. Coinbase is a recent example of the IPO ambitions of prominent crypto players. Ripple, a leading enterprise blockchain and crypto solutions provider,...
With the launch of Beacon Chain in December 2020, Ethereum 2.0 officially started its shift from energy-consuming proof-of-work to a more efficient and improved proof-of-stake. According to Vitalik Buterin, co-founder of Ethereum, the network upgrade will solve several current challenges including high transaction fees. Buterin said that Ethereum...
