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Ali Raza

A journalist, with experience in web journalism and marketing. Ali holds a master's degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications. Raza is the co-founder of 5Gist.com, too, a site dedicated to educating people on 5G technology.

Latest Articles by Ali Raza

Nearly 80 crypto projects supposedly backed by gold

Everyone in the crypto community has heard Bitcoin’s alternative name of ‘digital gold.’ However, it is worth noting that there are nearly 80 other projects that are active right now, that are backed by actual physical gold. More and more crypto projects continue to emerge with claims that their assets are backed by phys...

Binance’s CZ to donate $1.5 million to the victims of the Coronavirus

As the news of the Coronavirus outbreak continues to make headlines, many have decided to react and help in any way they can. Among them is Changpeng Zhao (CZ). the CEO of one of the world’s largest exchanges — Binance. CZ posted a Twitter announcement last Saturday, stating that he plans to donate $1.5 million to the victims of the...

TRON Foundation and Justin Sun sued by former employees

Justin Sun, the CEO of a popular cryptocurrency project, TRON, once again finds himself under the spotlight due to a recent lawsuit that accused him, as well as the TRON Foundation of harassing and firing two employees. Allegedly, this happened as payback after the employees objected to some of the company’s management practices, an...

Troubled economies continue to see growth in BTC trading volumes

Bitcoin’s use as a safe haven asset has been one of its biggest and most important advantages in a continuous struggle to reach mass adoption. However, many find fault in such claims, and so the matter continues to remain a topic of debates around the world. Recently, however, Bitcoin has proven that its usefulness in troubled econo...

Will XRP Price Surge in August This Year Due to Intense Usage in Tokyo Olympics?

2020 is expected to be a big year for cryptocurrencies, and for a number of reasons. Predictions regarding Bitcoin surge have already been making headlines for weeks, if not months. However, many predict that altcoins will also explode for their own reasons throughout the year, especially when it comes to XRP. Recently, The XRP Daily post...

CME Bitcoin futures experiencing unprecedented growth levels

The demand for Bitcoin futures has increased in the New Year, as the Chigaco Mercantile Exchange (CME) is reporting an increased open interest. Ina recent statement by Arcane, the CME keeps growing steadily in the demand for Bitcoin futures compared to other platforms. CME bitcoin’s future demand has risen to a great level, with a s...

Tax season is coming, H&R Block reminds customers to report their crypto dealings

The tax season is approaching quickly, and while no one is looking forward to tax calculations, the situation is once again hitting crypto users the hardest. Due to the fact that crypto users tend to trade their coins on different exchanges, as well as the price’s extreme volatility, calculating the taxes correctly can be quite a ch...

XRP’s regulatory status still unclear, as Ripple discusses with SEC

As BTC, ETH, XRP, and other cryptocurrencies keep dominating the market, regulators are keeping watch of any irregular development in the market. They are always on the move to prevent bad actors from taking advantage of any lax regulation. The legality of digital assets will still remain one of the major items of discussion in the crypto...

TRON hits a new milestone, becomes the second-largest dApp project

TRON has been making headlines ever since its launch, and each year, it managed to hit a new milestone. The two biggest ones in 2019 included Poloniex and DLive, and now, in the early days of 2020, the project has become the second-largest dApp ecosystem in the world. According to a recent report by Dapp.com, the number of TRON’s ac...

Elon Musk voices his true thoughts on cryptocurrencies

The CEO of Tesla and SpaceX, Elon Musk, has been dropping hints of his interest in cryptocurrencies on his Twitter account for months, now. Of course, he never openly stated what he thought about crypto, nor that he is an investor. However, from time to time, he would mention them in a cryptic way that ended up sparking endless discussion...

Japan might be considering its own CBDC — digital yen

According to a new report published by Reuters, Japan might be the latest nation in line to consider launching its own digital currency. The CBDC (Central Bank Digital Currency) trend was kicked off by China back in 2019, a few months after Facebook announced its own upcoming stablecoin, Libra. With Facebook and China both preparing their...

Binance Research: Ether was the most correlated crypto asset of 2019

The research arm of Binance, one of the world’s largest cryptocurrency exchanges, recently published a report stating that Ethereum’s Ether is the most correlated asset of 2019. Binance Research claims that ETH had an average correlation coefficient of around 0.69, out of the 20 leading cryptos. During its study, Binance Resea...

Crypto exchange hacks stole over $280 million in 2019

Cryptocurrency exchanges have been one of the most popular targets for hackers over the entirety of the previous decade. With the end of 2019, researchers were finally able to obtain all the necessary data and assess the damage done to crypto exchanges throughout the previous year. As it turns out, 2019 still saw quite a few hacking attac...

Dubai commodities trade authority announces the launch of the Crypto Valley

Dubai Authority on commodities trade and enterprise, the DMCC, has just announced plans to launch Crypto Valley. According to what is known, the Crypto Valley is imagined to become the largest ecosystem in the world for cryptographic and blockchain technology. It will be located in Dubai, UAE, and DMCC plans to launch it in collaboration...

Tether recently announced the launch of its new token, Tether Gold (XAUt)

Cryptocurrency company Tether, known for its stablecoin going by the same name — Tether (USDT) — has recently announced plans to launch a new digital currency that would be backed by gold. The new coin, known as Tether Gold (XAUt), supposedly keeps its physical gold stored somewhere in a Swiss vault. With that said, Tether is known for th...

Binance announces investment into Taiwan-based blockchain firm, Numbers

Binance recently published a new announcement, stating that it has made an investment in a blockchain data monetization firm based in Taiwan. The company, known as Numbers, received an unknown sum as a contribution to its goal to create a new system for data sharing, management, and verification. Numbers also wish for this system to be co...

Bitcoin trading volumes declining across numerous exchanges

According to a recent review of top crypto exchanges’ performance in 2019, a crypto analytics site CryptoCompare has deduced that the trading volume has been on a significant decline in recent months. Meanwhile, when it comes to the derivatives market, Binance is experiencing a sharp rise which is taking it up through the ranks. Tra...

The Reserve Bank of India denies banning cryptocurrencies

India is at an important crossroads right now, with a court case of the Reserve Bank of India vs Crypto being underway. As many likely remember, the RBI decided to issue a ban on cryptocurrencies in the country some time ago, and now, crypto supporters are trying to convince the court to reverse the decision by making a powerful case for...

Payment processor BitPay added support for Ripple’s XRP

A major crypto payment processor, BitPay, recently announced that it is adding support for XRP — the third-largest cryptocurrency, created by Ripple. The announcement was published on January 21st, causing XRP to experience a minor price surge and attempt to breach one of its major resistances at $0.24. Now that BitPay has added XRP to it...

Crypto exchange Korbit adds new measures for protecting fraud victims

One of the South Korean cryptocurrency exchanges, Korbit, recently updated its Terms of Service. The new changes will allow the company to protect crypto fraud victims by seizing assets. The number of crypto-related scams seems to be on a constant rise. With the crypto prices growing, many expect that this is not going to stop anytime soo...

Thailand’s and Hong Kong’s central banks join up to study CBDCs

Ever since the announcement of Facebook’s Libra, regulators and governments around the world started taking the concept and possibilities of digital currencies much more seriously. However, even their rush to regulate the sector can barely compare to the interest in crypto that central banks have developed. The banks’ goal is...

US SEC makes a move against another ICO

The US Securities and Exchange Commission (SEC) continues its campaign against ICOs in 2020 as well. Recently, the regulator made another move against supposedly fraudulent Initial Coin Offerings which sold unregistered securities in an attempt to raise funds back when ICOs were at their peak. This time, the regulator is pressing charges...

Bitfinex new feature allows master accounts to have up to 100 trading accounts

A major cryptocurrency exchange, Bitfinex, has recently decided to introduce a number of additional features for institutional traders. One of the most notable one among them is the ability to create as many as 100 trading accounts within each master account. Bitfinex named the new feature ‘sub-account,’ and it decided to allo...

Libra Association loses yet another member — Vodafone

Facebook’s announcement of its own cryptocurrency, Libra, made quite a bit of commotion with countries, regulators, and even other companies around the world in 2019. The project seemed big, optimistic, and revolutionary at first, so it did not really surprise anyone when numerous large corporations decided to provide their support...

Bitcoin traders preparing for another go at $9200

Bitcoin has had a rather strong performance over the last few weeks, and its price surged by around $1500. The coin went from $7,700 to $9.200 during this time, although it quickly withdrew after running into a resistance at this level. Now, traders are preparing for another go at this level, but while the largest crypto is preparing and...

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