Data indicates that XRP is currently displaying an intriguing on-chain behavior amidst a period of uncertainty in the broader market. This peculiar behavior was brought to attention by CryptoQuant, a well-known crypto on-chain analytics company. The significance of this unusual behavior lies in the fact that it is linked to a rise in open interest
Bitcoin has experienced a significant decline today, dropping below the $64,000 mark to a low of $63,564. This represents a 2.5% decrease in the last 24 hours and a 12% decline over the past two weeks. Despite Bitcoin’s downward trend, Arthur Hayes, the co-founder of BitMEX, continues to maintain his bullish stance on the cryptocurrency.
Growing up in Edo State, Nigeria, Godspower Owie was surrounded by a supportive family environment that laid the foundation for his personal and professional growth. With three siblings who served as both idols and mentors, he learned valuable life lessons and gained a strong sense of direction. His parents, in particular, played a pivotal role
Ripple, a prominent crypto company, is facing legal challenges after a US judge in California gave the green light for a lawsuit questioning the honesty of its CEO, Brad Garlinghouse. The lawsuit revolves around allegations that Garlinghouse made misleading statements that led investors to put their money into the digital asset XRP. During a televised
Aayush Jindal, a prominent figure in the financial markets, has dedicated over 15 years to the world of Forex and cryptocurrency trading. From a young age, Aayush displayed a knack for deciphering complex systems and patterns, which laid the foundation for his journey to becoming a respected authority in the trading realm. As a software
Aayush Jindal is a distinguished figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. Known for his expertise in technical analysis, Aayush has earned a reputation as a trusted advisor and senior market expert, guiding investors worldwide with his keen insights and astute chart analysis. From a young
In a recent development, a federal judge in California expressed his inclination to allow the US Securities and Exchange Commission’s (SEC) lawsuit against Kraken to move forward. Judge William Orrick indicated that he was leaning towards denying Kraken’s request for dismissal, raising uncertainties about the exchange’s legal standing in the case. During the oral arguments
The recent crash in the Bitcoin price, dipping below $66,000, has caused quite a stir in the market. Analysts, including crypto analyst Ali Martinez, are speculating that the worst may not be over yet. Martinez has made a rather bearish prediction, foreseeing a potential 20% decline in the Bitcoin price from its current level. This
The US Commodity Futures Trading Commission (CFTC) has launched an investigation into Jump Crypto for reasons that have not been disclosed. This move comes amidst a broader crackdown by US regulators on the crypto industry, with one-third of the CFTC’s enforcement cases in 2023 targeting crypto firms. The CFTC is reportedly looking into Jump Crypto’s
Binance, the leading cryptocurrency exchange globally, has been facing a series of regulatory challenges in various countries like India, Canada, and the United States. India’s Financial Intelligence Unit recently imposed a hefty fine of 188.2 million Indian Rupees, approximately $2.2 million, on Binance for failing to comply with the country’s Anti-Money Laundering (AML) regulations. The
