Decentralized Autonomous Organizations (DAOs) have been gaining prominence in the world of blockchain technology as innovative platforms for collaborative decision-making and goal achievement. Essentially, DAOs are blockchain-based communities designed to work towards a common objective, whether it be investing in startups or acquiring historical artifacts. These entities are seen as the future of corporate governance
Bitcoin has begun another decline from the $59,500 resistance area and is currently moving lower, creating a bearish sentiment in the market. The price is now trading below $57,500 and the 100 hourly Simple Moving Average, indicating a negative trend for the cryptocurrency. A key declining channel is forming with resistance at $58,400 on the
Judge Katherine Polk Failla recently criticized Coinbase’s attempt to subpoena SEC chair Gary Gensler in the ongoing case against the firm. The criticism came during a July 11 hearing, where Failla raised concerns regarding Coinbase’s request for Gensler’s statements before he became SEC chair in 2021. During the hearing, Failla pointed out that Coinbase’s request
The recent conclusion of the US Securities and Exchange Commission (SEC) investigation into stablecoin issuer Paxos has brought relief to the company and raised questions about the regulator’s enforcement actions. The investigation, which began over a year ago with a Wells notice, was centered around the Binance USD (BUSD) stablecoin. The SEC initially suggested a
Bitcoin (BTC) has recently broken above its bearish trendline, showing significant bullish momentum. This shift in market sentiment has sparked optimism among traders and investors regarding the digital asset’s potential to sustain its momentum and reach the $60,152 mark. As of the time of writing, Bitcoin has a market capitalization exceeding $1.1 trillion and a
Aayush Jindal, a prominent figure in the financial markets, has been navigating the realms of Forex and cryptocurrency trading for over 15 years. Renowned for his expertise in technical analysis, Aayush has earned a reputation as a trusted advisor and senior market expert, guiding investors worldwide with his insightful chart analysis and keen market insights.