Recently, Ethereum made another attempt to clear the $3,500 resistance zone, but ultimately failed to do so. As a result, the price started a downside correction, similar to Bitcoin, and dropped below key levels such as $3,450 and $3,420. The price even tested as low as $3,375 before forming a consolidation pattern. Currently, Ethereum is
Aayush Jindal is a prominent figure in the financial markets, with an impressive track record spanning over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert has earned him a global following, as investors seek his valuable insights and astute chart analysis to navigate the complexities of
Aayush Jindal is a prominent figure in the realm of financial markets, with an impressive portfolio that spans over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he guides investors worldwide with his insightful technical analysis and astute chart interpretations. From a young
Bitcoin price faced a significant hurdle at the $66,000 resistance level, where it struggled to extend its gains. However, it managed to hold above the $63,500 zone, indicating a period of consolidation in the market. There is a key bullish trend line forming with support at $64,000 on the hourly chart of the BTC/USD pair,
Bitcoin developer Samson Mow has been vocal about his belief that BTC will eventually hit $1 million. He recently reiterated this stance, confidently stating that Bitcoin will reach this extraordinary price point within the next year. His reasoning behind this bold prediction stems from the concept that Bitcoin’s demand is surpassing its supply, along with
Recently, cryptocurrency exchange OKX announced that it will no longer be offering its services to Nigerian clients due to local regulatory concerns. Users were notified that they have until August 16 to close their positions on the platform. This decision has caused uncertainty and frustration among Nigerian crypto users, as they are now limited to
XRP, the altcoin that has been a topic of much debate and speculation in the cryptocurrency world, is currently experiencing a surge in the wider market. This surge is not just a random occurrence, but it is partly due to the increased activity of XRP whales. These large holders of XRP tokens have been making
Hong Kong’s financial regulators recently announced the conclusion of a consultation period regarding the licensing program initiative for fiat-referenced stablecoin (FRS) providers. This development marks a significant step towards creating a regulatory framework for stablecoin issuers in Hong Kong. Stakeholder Feedback During the consultation period, the Monetary Authority (HKMA) and the Financial Services and Treasury
Cryptocurrency analyst ‘Dark Defender’ has recently shared a positive forecast for XRP, the native token of the XRP Ledger. By interpreting technical indicators and resistance levels, Dark Defender predicts the emergence of multiple God candles that could potentially lead XRP into a strong bullish rally. One key indicator highlighted by the analyst is the Fisher
The crypto industry has seen a massive surge in lobbying expenditures over the past seven years, according to a recent study by Social Capital Markets. The research indicates a staggering 1,386% rise in lobbying spend by crypto companies, skyrocketing from $2.72 million in 2017 to $40.42 million in 2023. This significant increase highlights a notable