The recent trends in the crypto market have shown a significant shift with outflows dominating after a period of consecutive inflows. This shift has raised concerns among investors and analysts about the potential impact on various digital assets. One of the key observations from the data provided by CoinShares is the significant outflows in Bitcoin
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Aayush Jindal is not just another expert in the world of financial markets. His expertise spans over 15 years in the realms of Forex and cryptocurrency trading, making him a luminary in the field. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide.
FLOKI, a Shiba Inu competitor, has seen significant growth throughout the year, with its price more than doubling in 2024. This surge has caught the attention of many investors who have flocked to the meme coin. However, crypto analyst iMoneyTeam has a different outlook on the future of FLOKI, predicting a massive price crash for
Bitcoin price has taken a hit once again, extending its losses and dropping below the $65,000 mark. The bearish trend continues, with BTC struggling to make significant gains. The price is currently below $66,000 and the 100 hourly Simple Moving Average, indicating a lack of bullish momentum. There is a connecting trend line with resistance
David Hirsch, the SEC crypto asset enforcement chief, recently announced his departure from the agency after serving for almost nine years. During his time at the agency, Hirsch led the Crypto Assets and Cyber Unit team and oversaw numerous cases related to cryptocurrencies. Hirsch started leading the SEC’s Crypto Asset and Cyber Unit in the
In the wake of the FTX collapse, a fierce legal battle has erupted over the millions of dollars in assets seized from Sam Bankman-Fried (SBF) and other former FTX executives. Parties are vying for control of these assets, which include airplanes, funds in various banks, shares of Robinhood stock, and even political contributions linked to
Bitcoin has experienced significant price fluctuations recently, leading to concerns about a prolonged bear market. However, there are some faint bullish whispers that suggest a potential reversal in the making. One such indicator is the Bitcoin Taker Buy Sell Ratio, which tracks the balance between buy and sell orders on exchanges. Despite the recent dip
Solana recently tested the $138 zone before witnessing a recovery wave. In order to continue the upward momentum, the SOL price must clear the $150 and $155 resistance levels. Currently, SOL price is showing signs of breaking above the $150 resistance against the US Dollar. It is noteworthy that the price is now trading above
The XRP price has shown signs of recovery, starting with a decent upward movement above the $0.4850 mark. This recovery wave comes after finding support at $0.4600, which indicates a bullish sentiment in the market. The price has managed to reclaim the 100-hourly Simple Moving Average, suggesting that there might be more upsides in the
Throughout history, the evolution of currency has played a significant role in shaping societies. From primitive bartering systems to the establishment of standardized coins and paper money, the concept of currency has been essential for organizing and advancing civilizations. However, in recent decades, many parts of the world have experienced financial turmoil, leading to questions
