Ethereum (ETH) is currently in a phase of consolidation after recently hitting a high of around $3,688, managing to maintain its value above the $3,500 mark. This performance bodes well for Ethereum enthusiasts as it suggests a potential upward trajectory in the near future. Keeping a close watch on the resistance and support levels is
In the chaotic world of cryptocurrency trading, Bitcoin continues to dominate discussions among investors and analysts alike. Recently, the price of Bitcoin encountered a significant hurdle, peaking at $99,000 before experiencing a notable rejection. This particular scenario raises questions about the sustainability of the current bull market and whether this resistance could signify a peak
A former executive at Binance, a leading cryptocurrency exchange, has triggered a controversy by alleging that her dismissal was a direct response to her whistleblowing on a serious bribery incident involving a colleague. Reports surfaced on November 28, detailing Amrita Srivastava’s claims after she raised alarms about questionable dealings related to the company’s Link platform.
In a bid to cement its position as a global financial and cryptocurrency hub, Hong Kong has unveiled a strategic proposal that could revolutionize its investment landscape. As reported by the Financial Times on November 28, the local government is proposing tax exemptions aimed at hedge funds, private equity vehicles, and high-net-worth family offices. This
Celo, a prominent Layer-1 blockchain, is navigating turbulent waters as it prepares to migrate to an Ethereum Layer-2 network within the Optimism Superchain ecosystem. Recent developments have triggered a notable decline in its native token, CELO, which plummeted by 5% amid the backdrop of mixed community responses and significant exchange decisions. On November 27, Coinbase,
In a significant move, Russia’s Federation Council has passed extensive amendments to the Tax Code, specifically targeting the burgeoning sector of digital currencies, including Bitcoin (BTC). This legislation, finalized on November 27, marks a pivotal moment in the country’s approach to cryptocurrency regulation. Introduced by Alexander Shenderiuk-Zhidkov, the Deputy Chairman of the Federation Council’s Committee
In the realm of digital currency, Bitcoin holds a significant place, attracting attention from both seasoned investors and newcomers alike. Recent insights from Jan van Eck, the CEO of VanEck, a leading global asset manager managing assets worth $118 billion, provide a nuanced analysis of Bitcoin’s potential trajectory and the broader implications for financial markets.
Aayush Jindal has carved out a distinguished career in the intricate world of financial trading, particularly within the domains of Forex and cryptocurrency. His impact over the last 15 years speaks volumes about his capabilities and commitment to mastering the complexities of market dynamics. Aayush’s journey is not just marked by professional milestones, but by
In the wake of a changing political landscape, President-elect Donald Trump is reportedly leaning towards appointing Paul Atkins as the next chair of the US Securities and Exchange Commission (SEC). This decision, which could significantly reshape regulatory priorities, reflects a broader trend toward deregulation championed by Trump. Atkins, who served as a Republican commissioner during
In the rapidly evolving world of cryptocurrency, the anticipation surrounding altcoin-related exchange-traded funds (ETFs) is reaching a fever pitch. As Bloomberg’s senior ETF analyst Eric Balchunas pointed out, the approval of multiple altcoin ETFs could significantly impact the crypto market, provided that a market collapse does not occur. Within the next year, 14 altcoin-focused ETFs