Kraken, the prominent cryptocurrency exchange, has successfully obtained a Markets in Financial Instruments Directive (MiFID) license, positioning itself for significant growth across the European Union (EU) derivative markets. Announced on February 3, this strategic acquisition was facilitated through the purchase of a Cypriot investment firm, a deal that has received the green light from the
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Recent revelations from on-chain investigator ZachXBT shed light on the troubling world of social engineering scams targeting Coinbase users, with losses exceeding $300 million annually. This staggering figure reflects the vulnerabilities existing within one of the leading cryptocurrency exchange platforms. As victims share their harrowing experiences on social media, it becomes evident that not only
In the ever-changing landscape of cryptocurrency, accurate reporting and data integrity hold significant importance. Recently, Ben Zhou, the CEO of Bybit, drew attention to the alarming discrepancies in liquidations reported by various exchanges. This insight not only raises questions about credibility in data reporting but also calls for an examination of the underlying market mechanisms
Coinbase, one of the world’s leading cryptocurrency exchanges, has recently achieved a remarkable milestone by securing registration as a Virtual Asset Service Provider (VASP) in the United Kingdom. This significant advancement was announced by Faryar Shirzad, the Chief Policy Officer at Coinbase, on February 3 via social media platform X. By obtaining this registration, Coinbase
India appears to be re-evaluating its position on cryptocurrencies, a move that reflects a growing international trend favoring digital assets. According to reports, this reassessment follows notable shifts in the United States, where accommodating policies surrounding cryptocurrency are on the rise. The momentum generated by these progressive strategies abroad has led to intensified discussions within
In the ever-evolving world of cryptocurrency, BNB (Binance Coin) has recently been at the forefront of discussions following its rebound from the critical $500 support level. This pivotal moment has ignited debates among traders and analysts alike as to whether this rally signifies the beginning of a sustained bullish trend or merely a short-lived bounce
Aayush Jindal has emerged as a prominent figure in financial markets, leveraging over 15 years of experience in both Forex and cryptocurrency trading to establish himself as a respected authority in the field. His journey began with a natural curiosity for numbers and patterns, leading him to delve into the complexities that define market movements.
Ethereum, the leading smart contract platform, is experiencing a troubling downturn that has left its investors and enthusiasts concerned. This article examines the recent developments surrounding Ethereum’s price, technical indicators, and potential future trajectories, while assessing the broader implications of a bear market in cryptocurrency. The current market trend reveals that Ethereum’s price has notably
In recent trading sessions, Bitcoin has experienced a notable decline, dropping below the once critical threshold of $100,000. This downturn has seen BTC lose nearly 10% of its value, leading many investors to speculate about the implications of this trend. The cryptocurrency is now flirting with the critical support level around $90,000, as the bearish
In the ever-changing landscape of cryptocurrency, Bitcoin is once again testing the psychological barrier of $100,000, following a notable recent dip of approximately 2.22% over a 24-hour period. This price drop has not deterred the trading community from engaging with Bitcoin. In fact, it has shown resilience by recovering from a low around an order