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Sunil Sharma
Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO's in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on Twitter at @sharmasunil8114 and reach out to him at sunil (at) coingape.com

Articles by Sunil Sharma
Coinbase lost over $400 mln in Q1 2022
Altcoin News
Coinbase lost over $400 mln in Q1 2022
Altcoin News

Coinbase Cuts Down Hiring After Q1 Losses Hit $420 Million

Coinbase has announced their decision to cut down hiring after losing $420 million in the first quarter. This is according to information on a blog post from Coinbase. The Start Of A Bad Year For Coinbase? Coinbase is an online-based American company founded by Brian Armstrong and Fred Erhsam in 2012. It was established to

Sunil Sharma 4 hours ago

Coinbase has announced their decision to cut down hiring after losing $420 million in the first quarter. This is according to information on a blog post from Coinbase. The Start Of A Bad Year For Coinbase? Coinbase is an online-based American company founded by Brian Armstrong and Fred Erhsam in 2012. It was established to

PlanB: Bitcoin (BTC) Is Creating A Bottom For The Next Bull Market
Bitcoin News
PlanB: Bitcoin (BTC) Is Creating A Bottom For The Next Bull Market
Bitcoin News

Crypto Expert PlanB Reveals New Bitcoin (BTC) Bull Run

PlanB, Dutch analyst and the brains behind the BTC Stock-to-Flow (S2F) model, has once again predicted a potential Bitcoin bull market which he believes will be ushered in following a bottom price touch. PlanB has a reputation for making accurate price predictions In a recent tweet, the anonymous Bitcoin analyst revealed that he was hoping

Sunil Sharma 16 hours ago

PlanB, Dutch analyst and the brains behind the BTC Stock-to-Flow (S2F) model, has once again predicted a potential Bitcoin bull market which he believes will be ushered in following a bottom price touch. PlanB has a reputation for making accurate price predictions In a recent tweet, the anonymous Bitcoin analyst revealed that he was hoping

Solana Pay Targets Real-World Use With Transaction Requests
Altcoin News
Solana Pay Targets Real-World Use With Transaction Requests
Altcoin News

Solana (SOL) NFT Trades Moon Amid Crypto Crash

Solana NFT marketplaces have proven to be one of the fastest growing NFT marketplaces, after their number of users skyrocketed to 250,000 traders in just the months of April and May. This is according to data from Dune Analytics.  Solana NFTs Making Rounds As A Big Game Player A key moment in the NFT world

Sunil Sharma 18 hours ago

Solana NFT marketplaces have proven to be one of the fastest growing NFT marketplaces, after their number of users skyrocketed to 250,000 traders in just the months of April and May. This is according to data from Dune Analytics.  Solana NFTs Making Rounds As A Big Game Player A key moment in the NFT world

S. Korean crypto CEO allegedly leaked info to North Korean spy
Altcoin News
S. Korean crypto CEO allegedly leaked info to North Korean spy
Altcoin News

LUNA Crash: South Korea Toughens Up Investigations Over Terra (LUNA) Crisis

South Korea has been alerted over the decline in the crypto market that led to the depegging of Terra (LUNA). According to a local news outlet, Luna’s decline led to cases of volatile trading.  Gaming companies with blockchain and virtual coins features in South Korea are most notable for being on their toes.  The Situation

Sunil Sharma 1 day ago

South Korea has been alerted over the decline in the crypto market that led to the depegging of Terra (LUNA). According to a local news outlet, Luna’s decline led to cases of volatile trading.  Gaming companies with blockchain and virtual coins features in South Korea are most notable for being on their toes.  The Situation

USDC
Altcoin News
USDC
Altcoin News

Just-In: Circle Mints 8.4 Billion USDC Within 7 Days, Why?

Circle, the payments technology company behind the digital stablecoin USDC, has revealed, in a blog post, that it has redeemed 6.7 billion USDC and further minted 8.4 billion USDC during the past week, with 99.3 billion USDC and 61.1 billion USDC minted and redeemed respectively during all of 2021. Circle prides itself at being transparent

Sunil Sharma May 14, 2022

Circle, the payments technology company behind the digital stablecoin USDC, has revealed, in a blog post, that it has redeemed 6.7 billion USDC and further minted 8.4 billion USDC during the past week, with 99.3 billion USDC and 61.1 billion USDC minted and redeemed respectively during all of 2021. Circle prides itself at being transparent

ApeCoin Community Votes In Favor Of APE Staking and Forum Restructuring
Altcoin News
ApeCoin Community Votes In Favor Of APE Staking and Forum Restructuring
Altcoin News

Just-In: BAYC Votes For “Ape Drops” NFT Marketplace; What’s Next?

Bored Ape Yacht Club (BAYC) has voted for $2 million to be taken out of its treasury funds in order to fund the NFT’s marketplace projects. Ape Drops is the official marketplace of Bored Ape Yacht Club (BAYC) which is presently managed by Manifold Studio. According to the Ape Drops marketplace, the proposal is a written

Sunil Sharma May 14, 2022

Bored Ape Yacht Club (BAYC) has voted for $2 million to be taken out of its treasury funds in order to fund the NFT’s marketplace projects. Ape Drops is the official marketplace of Bored Ape Yacht Club (BAYC) which is presently managed by Manifold Studio. According to the Ape Drops marketplace, the proposal is a written

Terra Announces New Emergency Measures To Support LUNA And UST
Altcoin News
Terra Announces New Emergency Measures To Support LUNA And UST
Altcoin News

LUNA Update: Terra Founder Proposes Resetting Terra’s Ownership To 1 Billion Tokens

Few hours after the Terra Blockchain came back up, Terra’s Founder, Dokwon proposed a revival plan to resolve Terra’s ownership. Terra’s founder stated that protecting Terra’s ecosystem was the first step to resettling its ownership. A Call to Action  While different community and validator groups have been discussing how to make Terra’s blockchain valuable again,

Sunil Sharma May 14, 2022

Few hours after the Terra Blockchain came back up, Terra’s Founder, Dokwon proposed a revival plan to resolve Terra’s ownership. Terra’s founder stated that protecting Terra’s ecosystem was the first step to resettling its ownership. A Call to Action  While different community and validator groups have been discussing how to make Terra’s blockchain valuable again,

Anchor Protocol is Terra's largest DeFi platform
Bitcoin News
Anchor Protocol is Terra's largest DeFi platform
Bitcoin News

Breaking: LUNA Back Up, Binance Resumes Deposits And Withdrawals

Just hours after announcing his reason to shut down Terra’s Luna and UST from trading on his platform, Binance, CZ, founder and CEO of Binance has in another tweet, lifted the suspension and allowed trading again. Similar to how he announced the suspension, CZ took to  Twitter to make the important announcement. The dark hours of

Sunil Sharma May 13, 2022

Just hours after announcing his reason to shut down Terra’s Luna and UST from trading on his platform, Binance, CZ, founder and CEO of Binance has in another tweet, lifted the suspension and allowed trading again. Similar to how he announced the suspension, CZ took to  Twitter to make the important announcement. The dark hours of

FTX-CEO
Bitcoin News
FTX-CEO
Bitcoin News

FTX CEO Refuses To Sell His Crypto Holdings; But Can He Save Crypto?

Bankman-Fried’s fortune has been split in half since March ending. Based on the Bloomberg Billionaire Index, he now has a net worth $11 billion, which was previously $22 billion. He believes the crypto market is not going  down to zero, and would instead recover with stocks. Sam Bankman-Fried Remains Bullish On Crypto Bankman-Fried’s decision to

Sunil Sharma May 13, 2022

Bankman-Fried’s fortune has been split in half since March ending. Based on the Bloomberg Billionaire Index, he now has a net worth $11 billion, which was previously $22 billion. He believes the crypto market is not going  down to zero, and would instead recover with stocks. Sam Bankman-Fried Remains Bullish On Crypto Bankman-Fried’s decision to

Bitcoin-ETF
Bitcoin News
Bitcoin-ETF
Bitcoin News

Just-In: Canadian Bitcoin ETF Records Largest Single Daily Purchase Of Over $2 Billion

Canadian exchange-traded fund, Purpose Bitcoin ETF purchased a whopping 6.9k BTC just yesterday, recording its biggest Bitcoin purchase of over $2 billion in a day by a massive margin as revealed by data from blockchain information provider Glassnode. Prior to this, the largest daily inflow was around 2.9k BTC. Total AUM for Purpose Bitcoin ETF

Sunil Sharma May 13, 2022

Canadian exchange-traded fund, Purpose Bitcoin ETF purchased a whopping 6.9k BTC just yesterday, recording its biggest Bitcoin purchase of over $2 billion in a day by a massive margin as revealed by data from blockchain information provider Glassnode. Prior to this, the largest daily inflow was around 2.9k BTC. Total AUM for Purpose Bitcoin ETF

Binance CEO ''CZ'' Says Exchange Does Not Hold Terra's UST
Altcoin News
Binance CEO ''CZ'' Says Exchange Does Not Hold Terra's UST
Altcoin News

CZ Reveals Why He Shutdown LUNA And UST Trading On Binance

Changpeng Zhao, popularly referred to as CZ, is the founder and Chief Executive Officer of Binance. Speaking from his official Twitter handle, he revealed what prompted the decision to take LUNA and UST off Binance. Key elements that justify Binance’s decision to suspend LUNA and UST  TerraUSD (also referred to as UST) and LUNA are

Sunil Sharma May 13, 2022

Changpeng Zhao, popularly referred to as CZ, is the founder and Chief Executive Officer of Binance. Speaking from his official Twitter handle, he revealed what prompted the decision to take LUNA and UST off Binance. Key elements that justify Binance’s decision to suspend LUNA and UST  TerraUSD (also referred to as UST) and LUNA are

El Salavador
Altcoin News
El Salavador
Altcoin News

Crypto Crash: El Salvador Loses $40 Million Amid High Bitcoin Volatility

El-Salvador, a country in Central America reported that due to the recent fluctuation of the cryptocurrency, Bitcoin, it has bagged numerous losses leading to about $40 million as noted by Bloomberg in a recent report. The losses are estimated to equal the next bond payment of $38.25 million by the country. El Salvador’s president, Bukele

Sunil Sharma May 13, 2022

El-Salvador, a country in Central America reported that due to the recent fluctuation of the cryptocurrency, Bitcoin, it has bagged numerous losses leading to about $40 million as noted by Bloomberg in a recent report. The losses are estimated to equal the next bond payment of $38.25 million by the country. El Salvador’s president, Bukele

Meta
Blockchain News
Meta
Blockchain News

Why Facebook’s Former Crypto Head Is Starting His Own Crypto Startup?

Following his resignation from Facebook, David Marcus, the company’s former Crypto head has launched himself into the crypto world. The news was announced on his official Twitter handle on May 12th, 2022.  Marcus defends his move to launch a crypto startup The news gained positive reactions with a lot of users commending the move and

Sunil Sharma May 13, 2022

Following his resignation from Facebook, David Marcus, the company’s former Crypto head has launched himself into the crypto world. The news was announced on his official Twitter handle on May 12th, 2022.  Marcus defends his move to launch a crypto startup The news gained positive reactions with a lot of users commending the move and

Anchor Protocol is Terra's largest DeFi platform
Altcoin News
Anchor Protocol is Terra's largest DeFi platform
Altcoin News

Just-In: LUNA Leading Investor Zhu Su Of 3AC Responds To Luna’s Downfall 

Earlier this morning, Zhu Su went on to express his unhappiness towards the Luna slide in a series of tweets. Zhu Su, the CEO of 3AC, conveyed remorsefulness and apologised for ignoring the frequent warnings from Terra’s ecosystem. 3AC is a former premier EMFX currency and crypto-asset shop.  What’s going on with LUNA? Some months

Sunil Sharma May 13, 2022

Earlier this morning, Zhu Su went on to express his unhappiness towards the Luna slide in a series of tweets. Zhu Su, the CEO of 3AC, conveyed remorsefulness and apologised for ignoring the frequent warnings from Terra’s ecosystem. 3AC is a former premier EMFX currency and crypto-asset shop.  What’s going on with LUNA? Some months

Binance Launches Refugee Crypto Card for Ukrainians
Altcoin News
Binance Launches Refugee Crypto Card for Ukrainians
Altcoin News

Breaking: Binance Suspends LUNA and UST “Spot” Trading Till Further Notice

Binance has made a decision to suspend spot trading for two more trading pairs involving the embattled Terraform assets TerraUSD (UST) and Terra (LUNA) amid increasing rates of decline. In the announcement propagated through the official Binance platform, the global cryptocurrency exchange noted that it would further suspend spot trading for the LUNA/BUSD and UST/BUSD

Sunil Sharma May 13, 2022

Binance has made a decision to suspend spot trading for two more trading pairs involving the embattled Terraform assets TerraUSD (UST) and Terra (LUNA) amid increasing rates of decline. In the announcement propagated through the official Binance platform, the global cryptocurrency exchange noted that it would further suspend spot trading for the LUNA/BUSD and UST/BUSD

Terra's trading volumes have skyrocketed
Altcoin News
Terra's trading volumes have skyrocketed
Altcoin News

Terra Issues Over 15 Billion LUNA Tokens, Total Supply Stands At 18 Billion

Following the Analytic report by Terra, the South-Korean cryptocurrency, LUNA market value has dropped to about $0.02, 18 billion coins were surpassed, and 15 billion more LUNAs emerged today; Meanwhile, UST supply is currently at 12 billion. This data was updated on the 12th of May. Terra UST has been facing a market drop recently

Sunil Sharma May 13, 2022

Following the Analytic report by Terra, the South-Korean cryptocurrency, LUNA market value has dropped to about $0.02, 18 billion coins were surpassed, and 15 billion more LUNAs emerged today; Meanwhile, UST supply is currently at 12 billion. This data was updated on the 12th of May. Terra UST has been facing a market drop recently

Bitcoin-price
Altcoin News
Bitcoin-price
Altcoin News

Bitcoin Miners Headed For A Shutdown As Mining Difficulty Surges 4.89%

According to data from btc.com, a Bitcoin mining performance tracking firm, Bitcoin mining difficulty has risen significantly. As noted on Twitter, by popular cryptocurrency reporter Wu blockchain, the Bitcoin mining difficulty has recorded an increase of nearly 5%. Per his tweet,  “According to BTCcom, the current Bitcoin mining difficulty reached 31.25 T, an increase of 4.89%

Sunil Sharma May 11, 2022

According to data from btc.com, a Bitcoin mining performance tracking firm, Bitcoin mining difficulty has risen significantly. As noted on Twitter, by popular cryptocurrency reporter Wu blockchain, the Bitcoin mining difficulty has recorded an increase of nearly 5%. Per his tweet,  “According to BTCcom, the current Bitcoin mining difficulty reached 31.25 T, an increase of 4.89%

LFG's reserves a fraction of their earlier value
Altcoin News
LFG's reserves a fraction of their earlier value
Altcoin News

Research Reveals UST Stablecoin And Its Kinds Pose Great Risks Ahead

On the 10th of May, the UST dollar peg hit lows of $0.6. The stablecoin was challenged over thin liquidity, shortly after the Luna Foundation Guards (LFG) finished building its $3 billion treasures last week.  UST Dollar’s de-pegging first emerged as huge withdrawals from pool 53 in Anchor, and thereon, plunged from $1 to $0.98. Anchor

Sunil Sharma May 11, 2022

On the 10th of May, the UST dollar peg hit lows of $0.6. The stablecoin was challenged over thin liquidity, shortly after the Luna Foundation Guards (LFG) finished building its $3 billion treasures last week.  UST Dollar’s de-pegging first emerged as huge withdrawals from pool 53 in Anchor, and thereon, plunged from $1 to $0.98. Anchor

BTC could now see much deeper losses
Bitcoin News
BTC could now see much deeper losses
Bitcoin News

New Data Signals Institutional Players Are Offloading Bitcoin

Institutional investors are reportedly contributing largely to selling pressures on the negative price premium. Negative trading pressures from institutional investors Compared to retail investors, institutional investors do not sell or buy in small quantities. They are often recognised with big companies and often use Coinbase Pro to buy and trade bitcoin. Starting on May 2nd,

Sunil Sharma May 11, 2022

Institutional investors are reportedly contributing largely to selling pressures on the negative price premium. Negative trading pressures from institutional investors Compared to retail investors, institutional investors do not sell or buy in small quantities. They are often recognised with big companies and often use Coinbase Pro to buy and trade bitcoin. Starting on May 2nd,

CZ weighs in on Russia crackdown
Bitcoin News
CZ weighs in on Russia crackdown
Bitcoin News

Binance CEO Stirs Hope As Market Crashes, Here’s His Advise For Investors

Changpeng Zhao (CZ) encourages crypto traders and investors to put their emotions on check, as fear grips the market. Today, the price of Bitcoin slipped way below $30, 000 for the first time since July 2021. But Binance’s CEO CZ, appears unmoved by the most current crypto market dip. CZ Asks investors to not panic

Sunil Sharma May 10, 2022

Changpeng Zhao (CZ) encourages crypto traders and investors to put their emotions on check, as fear grips the market. Today, the price of Bitcoin slipped way below $30, 000 for the first time since July 2021. But Binance’s CEO CZ, appears unmoved by the most current crypto market dip. CZ Asks investors to not panic