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Aayush Jindal has made a significant impact in the world of financial markets, with a rich experience of over 15 years in Forex and cryptocurrency trading. Known for his exceptional skills in technical analysis, Aayush has emerged as a trusted advisor and senior market expert, providing valuable insights to investors globally. His journey to success
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Abra, along with its CEO William “Bill” Barhydt, recently reached a settlement with 25 US state regulators for providing crypto trading services without the necessary licenses. The settlement, as announced by the Conference of State Bank Supervisors (CSBS) on June 26, involved the agreement to forego monetary penalties in exchange for $82 million in customer
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Cryptocurrency exchanges and digital asset traders in Nigeria are facing increased scrutiny from the country’s Securities and Exchange Commission (SEC). The SEC has issued a 30-day ultimatum for these businesses to re-register, with enforcement actions threatened for non-compliance. This move comes as part of the Accelerated Regulatory Incubation Program (ARIP) for Virtual Assets Service Providers
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Bitcoin recently faced a significant rejection at the $62,498 resistance level, highlighting the prevailing bearish dominance in the market. This failure to break through a critical threshold signals caution among traders and investors, prompting a reassessment of market strategies. The rejection underscores the strength of selling pressure and raises concerns about potential downward trends in
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The recent trend of outflows in Spot Bitcoin ETFs has raised concerns within the cryptocurrency market. With seven consecutive days of outflows, totaling around $100 million per day, it is evident that institutional sell-offs and miner sell-offs may be playing a significant role in this downward trend. The correlation between the outflows and the decline
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FTX, a prominent cryptocurrency exchange, recently received approval from a US bankruptcy court to proceed with a liquidation plan that involves settling customer claims in cash. This decision has sparked controversy among customers who are dissatisfied with the proposed payment amounts based on crypto prices at the time of FTX’s collapse in November 2022. Despite
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Ethereum’s price has been on a rollercoaster ride recently, experiencing both ups and downs. The digital currency started a recovery wave from the $3,230 zone and managed to climb above $3,350. However, it is now facing strong resistance at $3,420. This resistance level could prove to be a significant hurdle for Ethereum’s price movement in
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