Author
Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
Peter Schiff Claims Bitcoin Shall Never Reach $100k, Gets Trolled
Peter Schiff is a businessman, investment broker, author, and financial analyst from the United States. He is the CEO and chief global strategist of Euro Pacific Capital, a foreign market investing firm. Schiff is well-known for his bearish views on the US economy and the Federal Reserve, as well as his criticism of government spending …
Sohrab Khawas·25 Jan 20232 min
Coinbase Set to Profit Big with Ethereum Shanghai Upgrade: JPMorgan Analyst
Ethereum Shanghai upgrade is coming in March, centralized exchanges led by Coinbase are providing staking services not willing to store private keys. According to JPMorgan analysts, the upcoming Shanghai upgrade, which will make over 16,097,225 staked Ethers available for withdrawal, will be a huge boost to Coinbase operations. Notably, Ethereum stakes have not been withdrawing …
Sohrab Khawas·23 Jan 20231 min
SEC Lawsuit Against Genesis and Gemini Sparks Controversy, Here’s Why?
The U.S. Securities and Exchange Commission (SEC) filed a lawsuit on January 12th against digital asset management group Genesis and the cryptocurrency exchange Gemini, founded by the Winklevoss twins, for alleged violation of securities laws by selling unregistered securities. However, a surprising revelation came to light when former SEC Enforcement Chief, Lisa Braganza, alleged that …
Sohrab Khawas·14 Jan 20232 min
Is the SEC Going to Force Cryptocurrencies into Registering as Securities?
For a very long time, it has been unclear whether cryptocurrencies should be treated as commodities or securities. And everyone is aware of the Securities and Exchange Commission (SEC)’s position on this. The SEC has often said that most cryptocurrencies are in fact securities, and it has been in a legal battle with Ripple for …
Sohrab Khawas·11 Jan 20232 min
Ripple: Will SEC’s Victory Will Drag the Cryptocurrency Market To Worst Condition?
No official date has been set for a verdict in the high-profile dispute between blockchain company Ripple and the Securities and Exchange Commission (SEC), but it is widely expected that the litigation will conclude this year. Although Ripple has supporters, it is important to consider the possibility of the SEC’s victory. In the event that …
Qadir AK·11 Jan 20232 min
Binance Exchange is Under Strict Scrutiny by U.S. Prosecutors – Here’s What’s Happening
The U.S. prosecutors are currently investigating the connection between Binance and American Hedge funds for possible violations of money-laundering rules and are under strict scrutiny by them. Subpoena had been sent to firms to discuss their communications and dealings with Binance. The firms remain anonymous as they chose to remain anonymous for the legal proceedings. …
Sohrab Khawas·9 Jan 20232 min
Former CEO Of Celsius Network Sued For Defrauding Investors Out Of Billions
New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, former CEO of the bankrupt crypto lending platform Celsius Network, for defrauding investors – including 26,00 people from NY – out of billions of dollars worth of cryptocurrency. According to the lawsuit, James argued Mashinsky repeatedly made false and misleading statements about the …
Qadir AK·7 Jan 20232 min
Fox Business Journalist Shares Worst-Case Scenario if Ripple loses to SEC
The United States Securities and Exchange Commission (SEC) is continuing to place a high priority on its legal struggle against Ripple and is moving in the direction of an expected summary judgment. Even while the majority of people in the community hope that Ripple will prevail, we just can’t seem to get over the fact …
Sohrab Khawas·6 Jan 20232 min
Here’s How The Ethereum’s Shanghai Upgrade Enhanced Liquid Staking
The Ethereum community is anticipating the next significant upgrade to the network, called the Shanghai Upgrade, following the Ethereum event known as The Merge that took place last year. What Benefits Did The Update Yield? This update will implement Ethereum Improvement Proposal (EIP) 4895, which allows for the withdrawal of ETH that has been staked …
Sohrab Khawas·5 Jan 20231 min