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Mehab Qureshi

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  • Shiba Inu Governance Token BONE Surges 22% In A Week After Multiple Exchange Listings – SHIBA INU (SHIB/USD)

Shiba Inu Governance Token BONE Surges 22% In A Week After Multiple Exchange Listings – SHIBA INU (SHIB/USD)

Shiba Inu’s SHIB/USD governance token BONE BONE/USD is rallying after multiple cryptocurrency exchanges made the altcoin available on their platforms. What Happened:  At the time of writing, BONE was trading…

Ethereum ‘Spin-Off’ Rallies 22% Even As Bitcoin, ETH Lose Some Mojo – Ethereum (ETH/USD)

Ethereum Proof of Work ETHW/USD is up 22%, making it the highest performer on CoinMarketCap’s daily gainers’ list. What Happened: At the time of writing, Ethereum ETH/USD was trading at…

Mike Novogratz Pulls $500K Bitcoin Prediction As Fed Rate Hikes Play Spoilsport – Bitcoin (BTC/USD)

Galaxy Digital BRPHF CEO Mike Novogratz has backtracked on his prediction for Bitcoin BTC/USD to rise to $500,000 in five years, citing the Federal Reserve’s interest rate hikes. What Happened: In an interview…

This Dogecoin Relative ‘Gagging’ For Run, Says Crypto Analyst: ‘Just Wait For Next Leg Up’ – Litecoin (LTC/USD), Dogecoin (DOGE/USD)

A popular crypto analyst said on Wednesday that Litecoin LTC/USD is gagging to reach the $100 mark. What Happened: Pseudonymous analyst ‘Bluntz’ told his 210,000 followers on Twitter that “once…

Trust Wallet Token (TWT) Soars 70% In Nov Even As Bitcoin, Ethereum, Dogecoin Tumble On FTX Collapse – Bitcoin (BTC/USD), Twitter (TWT/USD)

As investors move away from centralized exchanges and obtain custody of their assets, the native token of Trust Wallet TWT/USD has gained huge momentum in the past 30 days, rallying…

Telegram CEO Forays Into DEX, Crypto Wallets After FTX Collapse – FTX Token (FTT/USD)

Pavel Durov, the Telegram messaging platform’s founder and CEO on Wednesday said that the platform would soon be introducing “non-custodial wallets” and “decentralized exchanges” that would allow millions of users…

Ethereum Rival Fantom (FTM) Rockets 50% In 2 Days After Revealing $10M Annual Revenue – Fantom (FTM/USD)

After the Fantom Foundation revealed its financial records, its native token Fantom FTM/USD rebounded over 50% in the last two days. What Happened: According to the records, Fantom Foundation generated…

Elizabeth Warren Says Banks Stayed Safe From FTX Contagion Thanks To Biden’s Regulators – FTX Token (FTT/USD)

Sen. Elizabeth Warren (D-Mass.) said the FTX FTT/USD contagion spread could have been worse if federally-insured banks were “dangerously intertwined” with cryptocurrency. What Happened: During a Senate Banking Committee hearing on Wednesday, Warren took aim…

Bitcoin Rallies After Brazil’s Crypto Move, But Analyst Sees ‘Some Real Risks’ That Can ‘Drag Everything Down’ – Bitcoin (BTC/USD)

A popular crypto analyst warns of a ‘grave danger’ for Bitcoin BTC/USD as the apex cryptocurrency rallies on news that Brazilian lawmakers have approved a regulatory framework for using BTC…

FIFA World Cup Frenzy Triggers Volatile Fan Token Trading As Nov Average Daily Volumes Hit $300M – Bitcoin (BTC/USD)

With the FIFA World Cup 2022 tournament in action, crypto fanatics are turning to the market for fan tokens to take advantage of the potential profits associated with the event.…

Binance Grabs Japanese Crypto Exchange Sakura In Major Acquisition Deal – Bitcoin (BTC/USD)

Binance, on Wednesday, acquired Sakura Exchange BitCoin (SEBC), a regulated Japanese crypto exchange, for an undisclosed amount. What Happened: Binance said that it now enters the Japanese market, as a Japan…

Brazil Just A Step Away From Allowing Bitcoin For Payments, Investments – Bitcoin (BTC/USD)

Brazilian legislators have approved the complete regulatory framework for trading and using cryptocurrencies as payment. What Happened: The new bill passed on Tuesday night in Brasilia, the country’s capital, recognizes…

Vitalik Buterin Says ‘Pathological’ Governance Tokens Are Good Only For Multimillionaires, Hedge Funds – Ethereum (ETH/USD)

Ethereum ETH/USD co-founder Vitalik Buterin has slammed the concept of governance tokens, stating that such tokens should not be considered as “valuable”. What Happened: According to Buterin, the idea that…

Bitcoin Cash, Ethereum Classic, 2 Other Cryptos Lose Coinbase Wallet Support – Bitcoin (BTC/USD), Bitcoin Cash (BCH/USD)

Starting Dec. 5, Coinbase COIN will no longer support major tokens including Bitcoin Cash BCH/USD, Ripple XRP/USD, Ethereum Classic ERC/USD and Stellar Lumen XLM/USD, among others. What Happened: According to…

Bitcoin, Crypto Bank Silvergate Says Exposure To Bankrupt BlockFi Limited To $20M: Can ‘Handle Stress And Volatility’ – Bitcoin (BTC/USD), Silvergate Capital (NYSE:SI)

Silvergate Capital SI, a crypto institutional services provider, said that it is minimally exposed to the bankrupt BlockFi crypto lending firm. What Happened: According to Silvergate, the exposure to BlockFi…

FTX Effect? Hong Kong Crypto Exchange AAX Goes Off Facebook, YouTube – FTX Token (FTT/USD)

The AAX cryptocurrency exchange, which recently halted withdrawals, has seemingly scrubbed its social media accounts amid the FTX FTT/USD contagion spread. What Happened: AAX’s YouTube channel has been deleted abruptly, leaving the users perplexed. It appears that…

Bitcoin SV, Dash Jump Over 7%, Outpacing Apex Crypto, Ethereum Gains – Bitcoin (BTC/USD), Ethereum (ETH/USD)

Two Bitcoin BTC/USD offshoots have been surging in the last 24 hours, leaving behind apex crypto BTC and the second largest cryptocurrency Ethereum ETH/USD. What Happened: Bitcoin SV BSV/USD is…

Binance Moves $2B Bitcoin From Proof Of Reserves As ‘Part Of Audit:’ CZ Says More To Come – Bitcoin (BTC/USD)

Binance has moved 127,351 Bitcoin BTC/USD worth $2 billion from its proof-of-reserves to demonstrate its control over a wallet, which received a huge transfer on Monday and sparked worries among cryptocurrency users. What…

Bankrupt BlockFi Sues Sam Bankman-Fried Over Robinhood Shares Pledged As Collateral – FTX Token (FTT/USD), Robinhood Markets (NASDAQ:HOOD)

BlockFi, the latest crypto lending platform to go bankrupt, has filed a suit against FTX FTT/USD founder Sam Bankman-Fried‘s holding company Emergent Fidelity Technologies, seeking his shares in Robinhood HOOD, which…

After FTX Collapse, ‘Crypto Is Dead’ And Coinbase ‘A Waste Of Time:’ Mizuho Analyst – FTX Token (FTT/USD), Coinbase Global (NASDAQ:COIN)

Dan Dolev, a Mizuho Americas analyst, believes that crypto may be finished after the recent troubles at FTX FTT/USD, a bankrupt crypto exchange. What Happened: Dolev said in an interview with…

Wrapped Ethereum Still Intact As ‘Joke’ Spreads On Crypto Twitter About Its Insolvency – Ethereum (ETH/USD)

Speculations regarding Wrapped Ethereum WETH/USD being ‘insolvent’ are making the rounds on Twitter after an apparent “joke” was taken seriously by members of the community. What Happened:  Rumors that WETH…

Shiba Inu (SHIB) Sees 100% Weekly Burns As Whales Stack Up $66M – SHIBA INU (SHIB/USD), Ethereum (ETH/USD)

Shiba Inu SHIB/USD has seen 100% weekly burns in the past week, as investors seek to reduce the supply of the coin in a bid to drive up prices. What…

Cardano Stablecoin Project Shuts Down Over ‘Funding, Timeline’ Uncertainty After FTX Collapse – Cardano (ADA/USD)

Ardana, a DeFi and stablecoin ecosystem building on Cardano ADA/USD, halted development on Thursday, citing “funding and project timeline uncertainty.” What happened: Ardana Labs said it will keep the project…

Ethereum Developers Agree On 8 Proposals After Merge — But Give No Timeline On ‘Shanghai’ Upgrade – Ethereum (ETH/USD)

The ‘Shanghai’ Ethereum ETH/USD network upgrade will include eight Ethereum Improvement Proposals (EIPs), Ethereum developers decided on Thursday, as reported by CoinDesk. However, there is still no agreement about when…

MetaMask Faces Flak Over User IP Address, ETH Wallet Data Collection Move – Ethereum (ETH/USD)

The cryptocurrency community is not pleased with MetaMask’s decision to collect users’ IP addresses and Ethereum ETH/USD wallet addresses during on-chain transactions. What Happened: According to a revised privacy policy…