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
Aayush Jindal is a prominent figure in the world of financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert has earned him a devoted following of investors seeking his keen insights and astute chart analysis. Aayush’s natural aptitude for deciphering complex
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. From a young age, Aayush showed a natural talent for deciphering complex systems and patterns, leading him on a journey to become an authority in the fields of finance and trading.
In a recent turn of events, CertiK, a blockchain security firm, revealed that it had discovered a critical vulnerability in the deposit system of the popular crypto exchange, Kraken. This vulnerability could potentially lead to millions of dollars being deposited into any Kraken account, with fabricated crypto worth over $1 million being withdrawn and converted
A recent development in the legal battle involving Binance executive Nadeem Anjarwalla in Nigeria saw the federal high court dismissing the human rights lawsuit filed by him against the country’s National Security Adviser and the Economic and Financial Crimes Commission. The dismissal came on June 19, as Justice Inyang Ekwo noted Anjarwalla’s absence of legal
When it comes to traveling with cryptocurrency, one of the most crucial aspects to consider is the security of your digital wallet. It is essential to implement time-tested strategies to ensure that your funds are safe and accessible while on the move. Securing Internet Connections Accessing your crypto accounts while traveling requires you to prioritize
Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, recently delved into the current state of Bitcoin and the broader cryptocurrency ecosystem. He highlighted how despite the NASDAQ surging 16%, Bitcoin has remained relatively flat. This underperformance is particularly concerning given the repeated all-time highs set by US equity markets during the same