A recent analysis by a crypto analyst has shed light on potential significant price movements for XRP, the native token of the XRP Ledger. The analyst, Tylie Eric, expressed bullish optimism about XRP in a social media post, highlighting the cryptocurrency’s potential for a major rally in the near future. One of the key indicators
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Bitcoin, the leading cryptocurrency, has recently completed its ninth test of the $60,000 support level, sparking discussions about the potential trajectory of the digital asset. This milestone has raised questions about the sustainability of Bitcoin’s price and the direction it may take in the near future. According to a crypto analyst known as ‘Dana Crypto
In a recent analysis by crypto expert Michael van de Poppe, an important indicator suggests that Bitcoin may be poised for a significant bounce from its current price level. This comes as Bitcoin recently dipped below $60,000. Van de Poppe pointed out that Bitcoin’s CME gap has now closed, indicating that the cryptocurrency is due
The buzz around the launch of spot Ethereum ETFs has been a hot topic among analysts and experts in the financial world. Bloomberg ETF analysts, James Seyffart and Eric Balchunas, have expressed differing opinions on when these ETFs will finally hit the market. Seyffart initially predicted a possible launch around July 15th, but later admitted
South Korea’s Financial Supervisory Service (FSS) has announced plans to increase scrutiny on cryptocurrency trading platforms to eradicate fraudulent activities. This move comes as part of the regulator’s efforts to ensure fair and transparent transactions within the crypto industry. Exchanges will now be required to set up a continuous monitoring system to detect and report
The recent crash in the crypto market has left traders reeling, with Bitcoin and altcoins experiencing a significant downturn. As Bitcoin’s price continues to plummet, traders are facing massive losses, totaling hundreds of millions of dollars in just the past 24 hours. The market-wide panic has resulted in a cascade of liquidations, with over 105,000
The Securities and Exchange Commission (SEC) of Nigeria has recently introduced stringent guidelines for Virtual Asset Service Providers (VASPs) as part of its new regulatory incubation framework. The guidelines mandate that all fintech entrepreneurs involved in virtual assets must establish a local office in Nigeria, including leadership roles such as CEOs. These requirements are aimed
Aayush Jindal is a prominent figure in the financial markets, with over 15 years of experience in Forex and cryptocurrency trading. His journey began at a young age, where he displayed a remarkable talent for deciphering complex systems and patterns. This natural aptitude, coupled with an insatiable curiosity for market dynamics, laid the foundation for
Ethereum’s price failed to break above the $3,520 resistance zone, signaling a fresh decline in the market. The digital asset plunged below the $3,250 support level and even tested the $3,150 zone, indicating a bearish trend. With Ethereum trading below $3,250 and the 100-hourly Simple Moving Average, there is a key bearish trend line forming
Recently, the popular crypto exchange KuCoin announced that it would begin collecting a 7.5% value-added tax on trading fees from its Nigerian users starting on July 8. This move comes as a surprise to many in the crypto community, as other platforms like ByBit and Binance have not yet implemented similar tax measures. For Nigerian