Author: Faheem Riaz
Faheem Riaz
Faheem Riaz is dedicated to providing insightful and engaging content to audiences seeking current information on cryptocurrency and finance. With years of industry experience, He possesses a profound understanding of blockchain technology, digital assets, and financial market intricacies. Mark excels in offering comprehensive analysis, market trends, and investment strategies through well-researched articles and thought-provoking insights. He excels at simplifying complex concepts, delivering them clearly and concisely.
The market is expecting a huge rally of tokens worth $650 million in June as the vesting periods end. The tokens belong to projects like Sui, Aptos, Arbitrum, and Starknet. More than 30 blockchain-based projects will expire in June, with $650 million worth of tokens to add to trading. According to the data tracker, a large number of tokens set to be unlocked in June 2024 belong to Sui, Aptos, Arbitrum, and Starknet. Crypto vesting is a standard practice in the crypto industry to stop a project’s team members or early investors from selling off their tokens too soon. Using…
The Consumer Price Index is a critical indicator for Bitcoin which has the potential to shift its price to an all-time high, according to crypto analysts. According to an analyst, before beating its all-time high, Bitcoin needs United States inflation to slow down as the results of inflations are due in the next month. “If inflation prints 3.3% or lower, Bitcoin should make a new all-time high,” Markus Thielen, 10X research head stated in a report on May 29, ahead of the U.S. Bureau of Labor Statistics (BLS) releasing the Consumer Price Index (CPI) results on June 12. The previous…
Samson Mow, former Chief Strategy Officer at Blockstream and now CEO at Bitcoin-focused Jan3, made a strong prediction about Bitcoin price. He predicted it to reach an all-time high at the mark of $1 million after Omega candles struck the Bitcoin market. Like other Bitcoiners, Mow also believes that the world’s leading cryptocurrency price will surge soon as the previous all-time high was $73,750. In a recent tweet Mow identified some bullish candles which are followed by large volatility curves. Over the weekend, Bitcoin experienced a significant rise of 10% in its price reaching $65,180. The initial push is provided…
With the return of Keith Gill, who is famous by the name “Roaring Kitty,” traders are observing the GameStop coin closely for the next bull run. Most of the analysis hopes for a spike in price; however, one of them is not sure about it. Investors are raising a question about the sudden return of Kaith Gill to the GameStop coin. This is the person behind the 2021 GameStop short squeeze and traders asking if GameStop 2.0 is on the horizon. In the phase of COVID 19, Gill was at the center of the GameStop saga. Reddit traders reversed the…
Traders are investing millions of dollars in the prelaunch layer 2 to make the maximum profit anticipated in Bitcoin Halving history. This pre-launched layer 2 is very advanced, as it is not even listed on any exchange, still, more investors are investing in it because its move value is higher than Ethereum’s Optimism, Arbitrum, Base, or Blast Layer 2 Blockchain: Fast Transactions Amid Bitcoin Halving A second layer of blockchain is different from conventional blockchains; the purpose of this blockchain is to speed up the transaction process. It saves users money through decentralization. A specific debate is set for what…
Jack Mallers, the Strike CEO, has highlighted how the enormous $34.578 trillion debt held by the US government could lead to significant growth in Bitcoin (BTC). Mallers spoke with ED Ludlow of Bloomberg Technology about how fiscal policies might favour cryptocurrencies in the future. According to the Strike CEO of the Lightning Network wallet strike, one of the main reasons why Bitcoin is rising could be the government’s mounting debt. Mallers explains that the government has three options when it faces a massive financial crisis: it can either default on the debt, pay it off, or print more money. The…
Blockchain Basics and its Working Blockchain technology is spreading like a fire on the internet. Cryptocurrencies like Bitcoin and Ethereum have an association with it. Most of the question arise about what blockchain is and how it works. It is difficult for a beginner to answer what exactly Blockchain is. Blockchain is expanding drastically and becoming more user-friendly. Now the responsibility is on you to get ready for the future. If you are a beginner to this technology, then this is the right spot for you to get the basic knowledge. In this article, we will explain everything about Blockchain,…