The Markets in Crypto-Assets (MiCA) regulation introduced by the EU has sent shockwaves throughout the digital asset market, particularly affecting companies operating within the Eurozone. One of the immediate effects of this new regulation is the significant decrease in new exchange listings. Data from Kaiko reveals a sharp decline in the growth of new listings,
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Aayush Jindal, a prominent figure in the financial markets, has accumulated over 15 years of experience in Forex and cryptocurrency trading. His reputation as a skilled technical analyst and advisor has earned him the trust of investors worldwide. From a young age, Aayush demonstrated a natural talent for decoding complex systems and recognizing patterns. His
The recent drop in the price of Bitcoin below $60,000 sent shockwaves through the cryptocurrency market as major holders like the German and US governments engaged in rapid selling. This resulted in one of the largest drops witnessed for Bitcoin in the past two years, causing billions of dollars in losses for the market. Despite
The current price of Bitcoin is slowly creeping higher, surpassing the $56,500 mark. There is speculation that BTC may gain bullish momentum if it manages to break through the $58,500 resistance level. Despite starting a recovery wave above $56,500 and $57,000, the bears have once again shown their dominance near the $58,500 resistance zone. The
Recent statements from Bitwise CCO Katherine Dowling suggest that spot Ethereum ETFs are nearing approval by the SEC. Dowling mentioned that discussions with the SEC have been positive, indicating that the regulatory body is open to approving other products as well. With the SEC and ETF issuers resolving issues in each S-1 amendment, a launch
Ethereum price has been showing some signs of a potential recovery in the market. As per recent data, ETH has been slowly climbing above the $3,000 mark and seems to be holding its ground. The 100-hourly Simple Moving Average also indicates a positive trend in the price movement. Additionally, a short-term declining channel or a
The sentencing for senior FTX executives Gary Wang and Nishad Singh is set for later this year. Wang, the former CTO and co-founder of the defunct exchange, will be sentenced on Nov. 30, while Singh’s hearing is scheduled for Oct. 30. Both individuals pleaded guilty to criminal charges after FTX’s collapse in November 2022 and
The recent scandal at Paxful Inc. involving co-founder and former CTO Artur Schaback pleading guilty to conspiracy charges related to failing to maintain an effective anti-money laundering (AML) program is a stark reminder of the consequences of negligence. Schaback’s actions not only put the financial system at risk but also allowed criminal activities such as
The world of cryptocurrency is known for its volatility, and the Bitcoin price is no exception. With recent fluctuations in value, the question on everyone’s mind is where the price of Bitcoin is headed next. Jacob Canfield, a trading mentor at the Trading Mastery, has offered some insights that suggest a potential further decline in
The Republican Party has recently made headlines with their inclusion of Bitcoin and crypto in their official platform for the upcoming 2024 election. This move reflects a shift within the party towards embracing digital assets and blockchain technology, aligning themselves with the rapidly evolving financial landscape. The Republican National Committee (RNC) has taken a strong
