zagham abbas
Experienced in creating engaging content and passionate about blockchain tech. I provide clear insights on cryptocurrencies, decentralized finance, and the ever-changing landscape. Trust me as your go-to source to stay updated on the latest in the crypto world.
142 articles by zagham abbas
News
Ethereum ETF Application Withdrawn by Grayscale Ahead of SEC Decision
Grayscale has unexpectedly withdrawn its application for an Ethereum (ETH) futures exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC). The applicant’s withdrawal would have compelled the securities regulator to
News
Bitcoin’s 200-Day Moving Average Hits All-Time High, Bullish Outlook
A key technical indicator traders and analysts use to predict Bitcoin’s long-term price trends has reached an all-time high, suggesting a bullish outlook for the cryptocurrency’s future. Bitcoin’s 200-day moving average, which aims to smooth
News
A Bitcoin Whale Moves Millions After 10-Year Slumber
In a surprising move on Monday, a Bitcoin whale awoke from over a decade of dormancy to transfer their stack worth tens of millions of dollars. This came amidst a steady Bitcoin rally over the weekend that saw the cryptocurrency’s price surge above
News
U.S. Senate Armed Services Committee Examines Crypto Funding for Adversaries
The Senate Armed Service Committee held a hearing on crypto and whether our enemies could use it to get funding or financial means for their support. Elizabeth Warren, a senator, said that we should urgently start a process of regulation of cryptocurrencies
News
Coinbase Beats Profit Estimates Amid Bitcoin Rally
Coinbase, the leading cryptocurrency exchange, posted stellar earnings for the first quarter of 2024, exceeding analysts’ expectations. The company’s success stems from the remarkable rally of Bitcoin during this period. Coinbase reported revenue
News
Bitcoin Jesus Indicted: The Saga of Roger Ver’s Tax Evasion
A federal grand jury has indicted Roger Ver, an early investor in Bitcoin known as the “Bitcoin Jesus,” on charges of mail fraud and tax evasion. Ver was arrested this weekend in Spain based on these charges, and the United States is seeking his
Guides
Internet Computer (ICP): Decentralizing the Web
What is the Internet Computer (ICP)? The Internet Computer (ICP) comprises a set of protocols that enable independent data centres worldwide to unite and offer a decentralized alternative to the current centralized Internet cloud providers. The ICP token
News
BNB Foundation Incinerates $1.17 Billion Worth of BNB Tokens in Latest Burn
The BNB Foundation has just completed its 27th quarterly burn of BNB tokens on the BNB Chain. An automatic burning mechanism permanently destroyed a staggering 1,944,452.51 BNB tokens, valued at approximately $1.17 billion at the time of the burn. BNB is the
Analysis
Cardano Price Outlook: Analyzing Scenarios Amidst Recent Trends
Cardano’s (ADA) recent price movement has pushed it below the lower boundary of an upward-trending channel over the medium to long term. This suggests its upward climb may slow down, or a period of sideways price action could begin. Key support levels
