The Bitcoin price recently attempted to recover above the $61,500 resistance zone but unfortunately failed. This failure led to another decline in BTC’s value, with predictions pointing towards a possible dive towards the $55,000 mark. Current Price Movement As of now, Bitcoin is trading below $60,000 and the 100 hourly Simple Moving Average. There is
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A crypto analyst recently made waves in the industry by predicting a substantial rally for XRP, the native token of the XRP Ledger (XRPL). This analyst, known as Tylie Eric, expressed great optimism about XRP’s potential to reach new all-time highs in a post on X (formerly Twitter) in June. He shared a price chart
The launching of spot Ethereum ETFs has been a hot topic in the financial market, with various experts providing their predictions. Bloomberg ETF analyst James Seyffart shared his prediction on social media, indicating a potential launch around July 15. However, he admitted to having low confidence in this prediction due to the unpredictable nature of
Bitcoin (BTC) has been facing multiple tests of the $60,000 support level, raising questions about the future trajectory of the cryptocurrency. A crypto analyst known as ‘Dana Crypto Trades’ recently shared insights about Bitcoin’s current price action and the potential for a significant shift in momentum. According to Dana Crypto Trades, Bitcoin has completed its
The Financial Supervisory Service (FSS) of South Korea has recently announced its plans to tighten oversight of cryptocurrency trading platforms under its jurisdiction. The aim behind this move is to eliminate fraudulent transactions within the crypto market. In a notice released on July 4, the regulator emphasized the need for local exchanges to establish a
Recently, crypto expert Michael van de Poppe pointed out a significant indicator that suggests Bitcoin could experience a vital bounce from its current price level following a decline below $60,000. In a post on X (formerly Twitter), Van de Poppe mentioned that Bitcoin’s CME gap has closed, indicating that it might be time for the
The recent crash in the crypto market has sent shockwaves throughout the industry, causing a state of panic among traders. The once soaring Bitcoin price has been on a downward spiral, leading to significant losses for tens of thousands of traders. With support levels being broken one after another, the market has witnessed a massive
The Securities and Exchange Commission (SEC) of Nigeria recently released the “SEC Regulatory Incubation Guidelines,” introducing stringent requirements for Virtual Asset Service Providers (VASPs) operating in the country. These new guidelines are aimed at enhancing regulatory oversight, supporting local market development, and addressing the challenges faced by Nigeria in maintaining the value of its fiat
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His expertise lies in providing technical analysis that is unparalleled, making him a trusted advisor and senior market expert for investors worldwide. From a young age, Aayush demonstrated a talent for
The Ethereum price recently made an unsuccessful attempt to break through the $3,520 resistance zone, resulting in a fresh decline. Subsequently, ETH dropped below the $3,250 support level and even tested the $3,150 zone. Looking at the hourly chart of ETH/USD, it is evident that the price is currently trading below $3,250 and the 100-hourly
