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
The Qatar Financial Centre (QFC) in Doha has recently introduced a groundbreaking regulatory framework for digital assets. This framework, known as the QFC Digital Assets Framework 2024, aims to establish a secure and transparent ecosystem for digital assets within the QFC. One of the key aspects of this framework is the invitation to both local
Tigran Gambaryan, a Binance executive detained in Nigeria on money laundering charges, made a fresh bail request on medical grounds during his court appearance on September 2. His legal team cited his deteriorating health in prison as the basis for the application. They reported that his condition has worsened to the point where they cannot
OKX SG, a crypto exchange platform, has recently achieved a significant milestone by securing a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This achievement highlights the growing importance of Singapore as a global digital asset hub and showcases OKX SG’s commitment to the local community and ecosystem. Obtaining an MPI
Bitcoin experienced its second worst monthly close of the year in August 2024, with losses amounting to 8.6%. This decline was surpassed only by the losses seen in April when the price plummeted by 14.76% in one month. The negative trend in August has left investors uncertain about the future of Bitcoin going into September.
Bitcoin’s recent price drop, from $59,076 to $57,127, has sparked concerns among investors. The looming threat of a US recession is causing tension in financial markets, with Bitcoin potentially feeling the impact more than ever before. The Federal Reserve’s upcoming meeting on September 17-18 has raised questions about monetary policy and the possibility of a