The cryptocurrency market has faced significant hurdles recently, resulting in dramatic fluctuations among various digital assets. Within this chaotic landscape, the meme coin PEPE has attracted attention as it has entered what is known as an “oversold” condition, as indicated by the Relative Strength Index (RSI). This phenomenon is noteworthy, especially since it is only
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In the rapidly evolving domain of financial trading, few names resonate as strongly as Aayush Jindal’s. With over 15 years of rich experience, Aayush’s journey through Forex and cryptocurrency trading serves as a testament to meticulous strategy, technological innovation, and an inspired vision. His extensive knowledge and expertise in technical analysis have garnered him recognition
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Ethereum (ETH) has experienced a disappointing downturn, as its price struggles to maintain upward momentum following an attempt at recovery. The critical resistance level of $2,880 was not sustained, prompting a decline that has pushed ETH below the $2,700 mark. With the current trading pattern firmly established below this threshold, the cryptocurrency appears to be
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In a notable leap towards integrating digital assets into regulated markets, the Commodity Futures Trading Commission (CFTC) has unveiled a pilot program aimed at exploring the use of tokenized non-cash collateral, including stablecoins. This initiative, announced on February 7, is intended to facilitate dialogue between industry leaders and regulators, signaling an increased commitment to the
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In a significant development for the cryptocurrency landscape in Japan, the Financial Services Agency (FSA) has taken a decisive stance by requesting major tech companies, Apple and Google, to bar the download of unregistered crypto exchange applications. This unprecedented action, reported on February 7, underscores the agency’s commitment to maintaining regulatory integrity and protecting consumers
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The cryptocurrency market, particularly Bitcoin, is often driven by psychological pricing levels that shape traders’ expectations and behaviors. The recent attempt by Bitcoin to maintain its position above the $100,000 mark has not gone as anticipated. This price level, which many view as a psychological and strategic benchmark, has proved to be formidable resistance, resulting
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