Semilore Faleti, a prominent cryptocurrency writer, initially delved into writing on various subjects before discovering his passion for unraveling the complexities of blockchain technology and digital assets. His expertise lies in journalism and content creation, with a focus on the efficiency of cryptocurrencies in terms of value storage and transfer. As a staunch advocate for
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The Financial Times recently reported that crypto firms are increasingly opting to avoid the UK due to burdensome and time-consuming regulatory processes. According to a report by law firm Reed Smith, registrations for crypto asset exchanges and custodian wallet providers with the UK’s Financial Conduct Authority (FCA) have dropped by over 50% in the past
BNB is facing increasing bearish pressure, pushing it closer to the $500 mark. Sellers are gaining control, indicating a potential drop to this crucial support level. The question arises – will BNB be able to overcome these bearish barriers and move towards its target, or will it succumb to the continuing downtrend? Analyzing the 4-hour
As Ethereum price attempts to recover from the $2,400 zone, the struggle for gaining momentum above the $2,600 resistance zone becomes evident. Despite a recovery wave starting above $2,500 and $2,550, the price remains below $2,550 and the 100-hourly Simple Moving Average. There was a break above a critical bearish trend line with resistance at
Aayush Jindal, a prominent figure in the financial markets, has carved out a niche for himself with over 15 years of experience in Forex and cryptocurrency trading. His journey began at a young age, where he showcased a remarkable aptitude for unraveling complex systems and patterns. This natural talent laid the foundation for his future
Bitcoin has been facing a tough battle in trying to break above the $61,200 resistance level. The cryptocurrency has been struggling to rise above key levels such as $60,200 and $61,500, making it challenging for it to start a steady increase. Despite remaining stable above the $58,500 support zone, BTC is currently trading below $61,000
Devin Finzer, CEO of OpenSea, recently disclosed that the company had received a Wells Notice from the US Securities and Exchange Commission (SEC). The SEC believes that the NFTs (non-fungible tokens) traded on OpenSea’s platform may be classified as securities. Finzer expressed his surprise and disappointment at the SEC’s actions, stating that the regulator’s broad
Telegram CEO Pavel Durov has found himself in legal trouble in France, with the Paris Judicial Court officially charging him with six offenses. These charges include allegations of complicity in managing an online platform involved in illegal transactions, money laundering, and failure to cooperate with authorities on various investigations. Durov has been released from prison
Recently, leading crypto exchanges Binance and Bybit have hinted at the launch of new Solana-related products, sparking anticipation within the crypto community. While Binance’s official X account posted a mysterious “BNSOL” message followed by “coming soon,” Bybit announced the introduction of a new product, “bbSol,” on its platform. Despite the lack of specific details provided
Ethereum price has recently tested the $2,400 zone and has managed to recover from some losses. However, in order to see a significant increase in the near term, ETH must clear the $2,550 resistance zone. The price is currently trading below $2,550 and the 100-hourly Simple Moving Average, indicating a potential struggle for a bullish
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