Aayush Jindal is a prominent figure in the financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he possesses unparalleled proficiency in technical analysis. Since a young age, Aayush has demonstrated a natural talent for deciphering complex systems
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Ethereum price has shown positive momentum, extending its increase above the $3,120 resistance zone. The digital currency could soon aim for a move above the $3,200 resistance. The price is currently trading above $3,080 and the 100-hourly Simple Moving Average, indicating a bullish trend in the short term. Hourly MACD for ETH/USD is losing momentum
During a recent hearing, Judge Katherine Polk Failla scrutinized Coinbase’s efforts to subpoena SEC chair Gary Gensler in the SEC’s legal battle against the company. Failla expressed dissatisfaction with Coinbase’s request, particularly highlighting the inclusion of Gensler’s statements before assuming the role of SEC chair in 2021. Coinbase’s lawyer defended the request by explaining that
Recently, the US House of Representatives made a significant decision regarding SEC Staff Accounting Bulletin 121. Despite receiving majority support for overturning SAB 121, the House failed to achieve the necessary two-thirds majority to counter President Joe Biden’s earlier veto. It is noteworthy that several Democrats changed their stance on the issue since an earlier
In a recent turn of events, the US Securities and Exchange Commission (SEC) has officially closed its investigation into stablecoin issuer Paxos. This decision comes after over a year of uncertainty surrounding the potential enforcement action against Paxos Trust Company regarding the Binance USD (BUSD) stablecoin. On July 11, Paxos announced that it had received
Bitcoin (BTC) has recently shown a successful break above its bearish trendline, signaling a strong bullish momentum in the market. This development has sparked optimism among traders and investors, raising the question of whether BTC can sustain its current momentum and reach the coveted $60,152 mark. With a market capitalization exceeding $1.1 trillion and a
Aayush Jindal, a prominent figure in the financial markets, has been honing his expertise in Forex and cryptocurrency trading for over 15 years. His journey into the world of finance began at a young age, fueled by a natural aptitude for decoding complex systems and uncovering patterns. His insatiable curiosity for market dynamics led him
The Commodity Futures Trading Commission (CFTC) Chair, Rostin Behnam, recently expressed the agency’s willingness to take on a more significant role in regulating cryptocurrencies during a Senate Agriculture Committee hearing. The discussion, which took place on July 10, focused on the CFTC’s push for expanded regulatory powers. Senator Roger Marshall raised the question of whether
A crypto analyst known as ‘DonAlt’ has made a bold prediction regarding the future of Bitcoin, foreseeing a surge in its price to $100,000 in the coming years. This optimistic outlook is supported by the increasing inflows into Spot Bitcoin ETFs and various forecasts indicating an impending bull run for the cryptocurrency market. Other market
The formation of the Blockchain Security Standards Council (BSSC) by industry giants like Kraken, Coinbase, and Fireblocks is a significant step towards enhancing security within the crypto sector. The aim of this nonprofit organization is to establish uniform security standards across the industry to address pressing security threats such as fraud, cyberattacks, and protocol exploitation.
