Kraken founder Jesse Powell has made headlines for his recent donation of $1 million, predominantly in Ethereum, to support former US President Donald Trump’s re-election bid. Powell stated that his donation was aimed at helping the US maintain its leadership in blockchain technology. This move has sparked controversy and garnered attention within the crypto community.
Bitcoin’s price has been consolidating above the $60,550 support zone, indicating a potential upward movement. However, the digital currency still faces challenges in recovering above key resistance levels such as $62,200 and $62,400. The failure to break these resistance levels could lead to another decline in Bitcoin’s price. Looking at the technical indicators, Bitcoin is
Ethereum (ETH) is currently facing a major challenge as it attempts to break above the crucial $3,480 and $3,520 resistance levels. Although there has been a gradual increase in price, reaching above the $3,420 zone, the cryptocurrency is finding it difficult to surge past these key levels. Despite the positive momentum, the hourly MACD for
Aayush Jindal, a prominent figure in the financial markets, has amassed over 15 years of experience in Forex and cryptocurrency trading. His journey began at a young age when he displayed a natural talent for decoding complex systems and recognizing patterns. This innate curiosity led him to delve into the intricate world of market dynamics,
As Keisha Lance Bottoms prepares to join Joe Biden’s presidential campaign as a senior adviser, she emphasizes the significance of crypto as a nonpartisan and unifying issue. She stresses that crypto has garnered bipartisan support and has captured the attention of voters across the United States. Bottoms believes that crypto and blockchain technologies are transforming
Crypto analyst Alessio Rastani has recently shared his analysis of XRP, providing some concerning insights into the future price movement of the cryptocurrency. His warnings regarding potential price declines have raised eyebrows among investors and traders in the crypto space. Rastani pointed out specific signals on the chart that indicate trouble ahead for XRP. According
Paradigm, a leading firm in the crypto space, has raised concerns regarding the European Securities and Markets Authority’s (ESMA) interpretation of Maximum Extractable Value (MEV) under the Markets in Crypto Assets Regulation (MiCA). In response to ESMA’s third consultation package, Paradigm emphasized the importance of MEV in the operation of decentralized finance (DeFi) ecosystems. According
The recent decline in the price of Bitcoin can be attributed to major sell-offs orchestrated by large governments. One such example is the German government, which recently sold around 2,786 BTC, equivalent to $140 million. Additionally, the US government has been moving Bitcoin seized from the Silk Road bust, with almost 4,000 BTC being transferred
Cardano (ADA) has been facing a challenging period as it navigates through a downward trend in the cryptocurrency market. The price of ADA is approaching a critical support level of $0.3389, causing concern among investors and traders alike. The decline in ADA’s price is attributed to various factors, including macroeconomic conditions, market sentiment, and technical
Aayush Jindal is a prominent figure in the financial markets with over 15 years of experience in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is built on his exceptional proficiency in providing technical analysis to investors worldwide. Aayush’s natural aptitude for deciphering complex systems and patterns has set
