Binance.US, the American arm of the world’s largest crypto exchange, Binance, is gearing up for the next chapter in its legal fight with the Securities and Exchange Commission (SEC). After an unsuccessful attempt to dismiss the SEC’s allegations of securities law violations, the court ruled in favor of the SEC on June 28, upholding 10
Money World
Aayush Jindal is a prominent figure in the financial markets, boasting a wealth of experience that spans over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he navigates investors through the complexities of modern finance with his insightful analysis and chart interpretation skills.
Aayush Jindal is a remarkable figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. His reputation as a trusted advisor and senior market expert is well-deserved, as he provides invaluable insights and astute chart analysis to investors worldwide. From a young age, Aayush exhibited a
The Ethereum price has recently experienced a downside correction after failing to surpass the $3,520 zone. However, ETH is currently stable above $3,420 and is trading above the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near $3,470 on the hourly chart of ETH/USD (data feed via Kraken). In
Bitcoin has been experiencing significant fluctuations in its price recently, bouncing back from a dip below $60,000 and establishing a support level above $61,000. However, despite these attempts at recovery, the cryptocurrency has been struggling to surpass key resistance levels, such as $63,500, leading to a prevailing bearish sentiment in the market. Crypto analyst Alan
The recent report from the Polkadot Treasury for the first half of 2024 has highlighted concerns over an impending funding crisis. The report reveals that the Treasury’s assets, spread across multiple chains, have become increasingly challenging to manage effectively. DeFi Ignas, a decentralized finance researcher, analyzed the report and pointed out the Treasury’s limited runway
The Bahamas is taking steps to boost the adoption of its central bank digital currency (CBDC) known as the “Sand Dollar” by working with commercial banks. This move aims to increase the utilization of CBDC and mobile payments within the country. Governor of the Central Bank of The Bahamas, John Rolle, mentioned that the country
VanEck’s Head of Digital Assets Research, Matthew Sigel, recently confirmed that the company’s Solana spot ETF proposal is betting on Donald Trump winning the US presidency. The proposal’s deadline is set for March 2025, well after the November US Presidential elections. Sigel’s confirmation of this speculation raises interesting questions about the company’s strategy and the
Silvergate Capital found itself in hot water as it settled with the SEC for a hefty $50 million. This settlement was accompanied by demands from Federal Reserve governors and California financial regulators for an additional $63 million in fines, totaling a significant sum. The SEC accused Silvergate Capital, along with its subsidiary Silvergate Bank and
Circle’s recent announcement of receiving an e-money license from France marks a significant milestone in the world of digital currencies. This achievement positions Circle as the first global stablecoin issuer to adhere to the EU’s Markets in Crypto-Assets (MiCA) regulations, signifying a step towards regulatory compliance in the cryptocurrency market. With the endorsement from France’s