The cryptocurrency landscape is fraught with speculation, and recent allegations concerning Coinbase and its handling of Bitcoin in relation to the BlackRock fund have ignited fervent discussions across social media channels. The claims assert that Coinbase is not genuinely utilizing BlackRock’s funds to procure Bitcoin but rather engages in issuing letters of debt, a situation
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In the vast and often tumultuous ocean of financial markets, few individuals possess the remarkable blend of talent, knowledge, and vision that Aayush Jindal manifests. With an impressive tenure of over 15 years, Jindal has carved out a distinguished reputation, particularly within the realms of Forex and cryptocurrency trading. His journey from a curious young
Recent insights from crypto analyst Titan of Crypto shed light on a potentially impactful development in the Bitcoin market: the emergence of a Golden Cross on the 2-month chart. This technical pattern, characterized by the short-term moving average crossing above the long-term moving average, is historically seen as a bullish indicator. Titan of Crypto took
The landscape of cryptocurrency regulation is ever-changing, as exemplified by the recent amended complaint filed by the U.S. Securities and Exchange Commission (SEC) against Binance in the District of Columbia. The SEC has made significant procedural updates and legal alterations to its previous filing, an indication of the agency’s continued commitment to enforcing regulations in
The Commodity Futures Trading Commission (CFTC) has recently formed partnerships with federal and private organizations to address the growing issue of crypto scams, particularly the rise of “pig butchering” schemes. These scams have resulted in significant financial losses due to a lack of awareness and understanding among consumers. The CFTC, through its Office of Customer
The US Securities and Exchange Commission (SEC) Commissioner Hester Peirce has recently voiced her concerns regarding the SEC’s Staff Accounting Bulletin No. 121 (SAB 121). These concerns were brought up after a speech by SEC Chief Accountant Paul Munter on September 9, where Munter reaffirmed the Commission’s stance on SAB 121. Despite the growing attention
WazirX has initiated the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. Initially planned to start on Sept. 9, the process has been expedited due to the urgent need to address the aftermath of a substantial security breach that resulted in the loss of over $230 million in user
The recent $235 million hack of WazirX has raised many concerns and questions regarding the operations and ownership of the exchange. Co-founder and CEO Nischal Shetty has come forward to address some of these growing concerns. In response to inquiries on social media, Shetty revealed that he is still running the exchange “on their [owners]
Telegram CEO Pavel Durov has recently been released from prison but placed under judicial supervision with strict conditions. These conditions include a hefty bond of €5 million and a ban on leaving the French territory. Additionally, Durov is required to report to the police station twice a week as part of his bond obligations. Criminal
The XRP price has been relatively stagnant for some time now, but one crypto analyst believes that a significant breakout is on the horizon. Javon Marks, a well-known analyst, took to social media to share his optimistic projections for XRP, suggesting that the cryptocurrency could potentially see a massive surge of up to 42,263%. This