Fundstrat’s head of research, Tom Lee, recently made headlines with his bold prediction that Bitcoin will surge to $150,000. Lee’s strong bullish outlook on the pioneer cryptocurrency has gained attention, with many investors eagerly awaiting a potential price uptrend. Despite facing bearish trends in recent times, Lee remains optimistic about Bitcoin’s future, firmly standing by
Recent on-chain data analysis has revealed a significant slowdown in the selling pressure exerted by Bitcoin miners. This observation holds immense importance as it directly impacts the trajectory of Bitcoin’s price in the upcoming third quarter of the year. According to insights from the on-chain analytics platform CryptoQuant, the decrease in selling pressure from miners
In a recent update to its Counter-Terrorism regulation, the Monetary Authority of Singapore (MAS) has increased the risk level of Digital Payment Token (DPT) service providers. The MAS announced on July 1 that the risk level of DPTs has been raised from medium-low to medium-high. This decision was made as part of the MAS’s review
The recent call by billionaire investor Mark Cuban for the US Securities and Exchange Commission (SEC) to modify Form S-1 highlights the challenges faced by token-based companies in registering with the authorities. Cuban’s suggestion comes in the wake of SEC Commissioner Mark Uyeda’s acknowledgment of the shortcomings in the agency’s current approach to crypto disclosure
Binance.US, the American arm of the popular cryptocurrency exchange Binance, is facing a legal battle with the Securities and Exchange Commission (SEC). After an unsuccessful attempt to dismiss the SEC’s allegations of securities law violations, the Court decided that the case would continue. The ruling upheld 10 out of 13 charges against Binance, including those
In his recent essay titled “Zoom Out,” Arthur Hayes, the co-founder of crypto exchange BitMEX, delves into the intricate relationship between historical economic cycles and the current financial landscape. Hayes presents a compelling analysis that draws parallels between the economic upheavals of the 1930s-1970s and the potential implications for the ongoing Bitcoin and crypto bull
Aayush Jindal is a name that resonates with brilliance and expertise in the world of financial markets. His journey of over 15 years in Forex and cryptocurrency trading has been nothing short of outstanding. From a young age, Aayush displayed a natural talent for decoding complex systems and recognizing patterns, setting the stage for his
Bitcoin, the pioneer cryptocurrency, has once again found itself in a state of uncertainty as it struggles to break through key resistance levels. According to crypto analyst Alan Santana, the worst may be yet to come as he predicts a significant price crash in the near future. Santana’s analysis, shared on TradingView, points to a
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. Known for his exceptional proficiency in technical analysis, Aayush is a trusted advisor and senior market expert, guiding investors worldwide with his keen insights and astute chart analysis. From a young
The price of Ethereum has recently experienced a downside correction, starting from the $3,520 zone. Despite this correction, ETH remains stable above $3,420 and there is a possibility of another increase in the near term. The price is currently trading above $3,420 and is also above the 100-hourly Simple Moving Average. However, there is a
