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
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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
Bitcoin price has recently been experiencing a consolidation phase near the $58,500 level. In order to start a recovery wave in the near term, BTC must clear the crucial $60,500 resistance. The price tested the $58,000 zone before undergoing a minor recovery, but it is currently trading below $62,000 and the 100 hourly Simple Moving
The Hong Kong Monetary Authority (HKMA) has taken a bold step towards embracing the future of finance with the launch of the Project Ensemble Sandbox. This innovative initiative is aimed at exploring the vast potential of tokenization across different asset classes and real-world financial applications. By testing the use of tokenized money in interbank settlements
Ethereum price has seen a significant decline, dropping below key support levels and currently trading below $2,550 as well as the 100-hourly Simple Moving Average. The hourly MACD for ETH/USD is gaining momentum in the bearish zone, while the hourly RSI is now below the 50 zone. A key bearish trend line has formed with
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