Binance has recently made the decision to permanently bar its co-founder, Changpeng Zhao (CZ), from managing the crypto exchange. This means that CZ is prohibited from any present or future involvement in operating or managing the business. Initially, there were reports suggesting that CZ could potentially return to Binance after three years, however, CEO Richard
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Growing up in Edo State, Nigeria, I was always surrounded by my family who served as my guiding light. My parents and siblings have been instrumental in shaping my values and beliefs, instilling in me a sense of security and perseverance. However, it wasn’t until three years ago that I stumbled upon the world of
Arthur Hayes, the co-founder of BitMEX, recently shared a pessimistic view on the immediate future of the Bitcoin market. In a statement on his X profile, Hayes hinted at a potential drop in the Bitcoin price below $50,000, indicating that he had taken a short position in the market. While the exact reasons behind his
Bitcoin (BTC) and Ethereum (ETH) have seen a downtrend since the beginning of September, with various macroeconomic factors contributing to this negative sentiment. The recent surge of the Yen against the US dollar has led investors to unwind their carry trade positions, putting selling pressure on cryptocurrencies like Bitcoin and Ethereum. Hedge fund manager James
The hacker behind the $235 million theft from WazirX, an Indian crypto exchange, has recently transferred around $10 million through sanctioned Tornado Cash within a 24-hour period. This indicates a deliberate attempt to launder the stolen funds and hide their origins. The hacker initiated the movement of assets the day before, with $10 million in
Recently, Robinhood’s crypto division agreed to pay a $3.9 million fine to settle a California investigation into its past practices. The settlement was announced by California Attorney General Rob Bonta, who highlighted the issues that led to this fine. Robinhood Crypto had prevented users from withdrawing their digital assets for nearly four years, from 2018
During the summer months of 2024, the Bitcoin price has experienced a significant decline, following a trend that has been observed in previous years. The price of Bitcoin has plummeted from over $70,000 to below $50,000, leading to multiple flash crashes along the way. Crypto analyst Crypto Jelle has drawn parallels between the summer of
Aayush Jindal, a prominent figure in the financial markets, has established himself as an expert in Forex and cryptocurrency trading over a span of 15 years. From a young age, Aayush demonstrated a penchant for deciphering complex systems and patterns, setting the stage for his illustrious career in finance. His meticulous eye for detail and
Ethereum’s price is currently attempting to recover from the $2,400 zone, but faces a significant challenge at the $2,550 level. In order to continue moving higher in the near term, ETH must successfully clear this resistance point. After experiencing losses and testing the $2,400 support, Ethereum started a recovery wave above the $2,450 level. The
Bitcoin, the leading cryptocurrency in the market, has experienced significant declines in its price recently. Despite initial expectations of a bullish run, Bitcoin has struggled to maintain its price above the $60,000 threshold. The prolonged bearish performance of Bitcoin has raised concerns among crypto analysts, with some predicting a potential crash below $40,000. A crypto