Bitcoin has recently experienced a significant decline, with its value dropping below the $64,000 mark to a low of $63,564. This 2.5% decrease in the past 24 hours and 12% decline over the last two weeks has sparked concern among investors. However, amidst this downward trend, Arthur Hayes, the co-founder of BitMEX, remains bullish on
XRP is currently exhibiting an interesting on-chain behavior amidst a broader market uncertainty. This unusual behavior was highlighted by CryptoQuant, a crypto on-chain analytics company. The peculiar behavior is noteworthy because it is associated with a growing open interest in XRP in comparison to other cryptocurrencies, suggesting XRP is primed for a major price move.
Ripple, a popular cryptocurrency company, is currently facing legal challenges after a US judge in California approved a lawsuit against the company. The lawsuit revolves around allegations of misleading statements made by Ripple’s CEO, Brad Garlinghouse. In a televised interview with the Business News Network in 2017, Garlinghouse claimed to be a firm believer in
Growing up in Edo State, Nigeria, with my three siblings has shaped me into the person I am today. My parents have always been my support system, guiding me through life’s challenges and successes. Their unwavering love and encouragement have provided me with a sense of security and confidence that I carry with me in
Aayush Jindal is a distinguished figure in the world of financial markets, boasting over 15 years of experience in Forex and cryptocurrency trading. His reputation for providing top-notch technical analysis has made him a trusted advisor to investors globally. From a young age, Aayush demonstrated a knack for decoding complex systems and patterns, propelling him
Aayush Jindal is a prominent figure in the financial markets, boasting a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. From a young age, Aayush demonstrated a natural talent for unraveling complex systems and patterns, fueling his curiosity for understanding market dynamics. His meticulous eye for detail and unwavering commitment to
The recent Bitcoin price crash below $66,000 has shaken the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the significant drop, experts are not optimistic about the future. Analysts, including Ali Martinez, are suggesting that Bitcoin could potentially see a further decline of up to 20% from its current levels.
In a recent development, a federal judge in California hinted that he might not dismiss the US Securities and Exchange Commission’s (SEC) lawsuit against Kraken Exchange. According to reports, Judge William Orrick expressed his inclination to deny Kraken’s request for dismissal during the oral argument. He mentioned that it seemed plausible that the digital assets
Recently, the US Commodity Futures Trading Commission (CFTC) has launched an investigation into Jump Crypto for reasons that have not been disclosed. According to Forbes, the federal agency is focusing on the firm’s trading and investment activities in the crypto sector, although there is no indication of any wrongdoing at this time. This investigation is
Binance, the largest cryptocurrency exchange in the world, is currently facing increasing regulatory challenges in different countries. In India, the Financial Intelligence Unit (FIU) fined Binance 188.2 million Indian Rupees for not complying with the country’s Anti-Money Laundering (AML) regulations. The regulator found that Binance had violated three provisions of the Prevention of Money Laundering
