The current state of Ethereum’s price is attempting to recover from the $2,400 zone. This signifies a crucial point for investors and traders alike as the cryptocurrency market continues to be volatile. Based on recent trends, ETH must surpass the $2,550 mark to continue its upward momentum in the near term. Upon closer examination, Ethereum
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WazirX has initiated the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. Initially planned to start on Sept. 9, the process has been expedited due to the urgent need to address the aftermath of a substantial security breach that resulted in the loss of over $230 million in user
Aayush Jindal is a prominent figure in the financial markets with a wealth of knowledge and experience spanning over 15 remarkable years in Forex and cryptocurrency trading. He is highly regarded for his exceptional skills in providing technical analysis and is recognized as a trusted advisor and senior market expert to investors globally. Aayush’s ability
In a recent speech at the Korea Blockchain Week 2024 event, US Securities and Exchange Commission (SEC) Commissioner Mark T. Uyeda raised a critical issue regarding the lack of specialized S-1 registration forms for digital asset securities. Uyeda emphasized the necessity of updating the SEC’s regulatory tools to better accommodate the unique features of digital
Congressman Wiley Nickel has taken a bold stance against the US Securities and Exchange Commission (SEC), accusing the agency of eroding trust in the regulatory system with its “regulation by enforcement” strategy. He believes that this approach is a blatant abuse of power that could potentially stifle digital innovation in the United States. Nickel has
Aayush Jindal, a prominent figure in the financial markets, has made a name for himself with over 15 years of experience in Forex and cryptocurrency trading. His reputation as a skilled technical analyst and trusted advisor has garnered him a loyal following of investors seeking his insights and chart analyses. From a young age, Aayush
The XRP price has recently plummeted to $0.55, struggling to break above the $0.60 resistance level. One of the main reasons for this drop is Ripple’s unlocking of 1 billion XRP tokens ($559 million) from its escrow wallet on September 1. This monthly token unlock created a supply shock in the market, leading to a
The US Securities and Exchange Commission (SEC) has recently raised concerns regarding the proposed repayment strategy in the ongoing FTX bankruptcy case. The plan, which involves repaying creditors through stablecoins or other digital assets, has led the SEC to reserve the right to challenge these transactions under federal securities laws. This move has sparked criticism
In the midst of recent price volatility, with Bitcoin dropping below $50,000, there has been a significant slowdown in the momentum of the anticipated bull run. However, some analysts, like CryptoCon, remain optimistic about the future price trajectory of Bitcoin. Despite the current price corrections, CryptoCon predicts a sharp rise to over $100,000 once the
The data from DefiLlama and The Block revealed that decentralized exchanges (DEX) experienced a decline in spot trading volume last month, dropping by 9% on a monthly basis. This decrease stands in contrast to the growth of approximately 8% seen in centralized exchanges during the same period. The volume ratio between DEX and centralized exchanges