Ethereum has recently experienced a steady increase in price, surpassing the $2,650 resistance level. This surge in value has positioned Ethereum ahead of Bitcoin and has investors speculating on the potential for an even greater rally towards the $3,000 resistance zone. Upon analyzing the hourly chart of ETH/USD, it is evident that Ethereum has initiated
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Binance, one of the world’s largest cryptocurrency exchanges, has recently faced regulatory scrutiny in Brazil. The Comissão de Valores Mobiliários (CVM), Brazil’s securities regulator, conducted a year-long investigation into Binance’s activities in the country. The investigation unveiled allegations of unlicensed derivatives trading, prompting the CVM to take action against the exchange. Despite warnings and orders
Recently, a crypto analyst shared an optimistic outlook for XRP, the native token of the XRP Ledger, predicting a potential rally of up to 10,400% with a price target of $60. The analyst expressed bullish optimism about XRP’s future price, indicating that the cryptocurrency could be on the verge of a significant breakout. This anticipated
As discussions between the White House and industry leaders heat up, there is a growing expectation for the Biden administration to release a crypto regulation roadmap. Pro-Bitcoin Democrat House Representative Ro Khanna anticipates that this roadmap will be unveiled “in the coming weeks.” The aim is to provide clear guidelines for companies to stay compliant
Peter Brandt, a veteran crypto analyst, recently brought attention to an inverted or expanding triangle pattern in Bitcoin (BTC) through his classical charting principles. He shared a price chart illustrating Bitcoin’s price movements, highlighting a unique pattern on August 12. The pattern features two descending trend lines that are diverging from one another, indicating a
Aayush Jindal, a prominent figure in the financial markets, has made a name for himself with over 15 years of experience in Forex and cryptocurrency trading. His reputation as a skilled technical analyst and market expert has garnered him a global following, as he guides investors through the complexities of modern finance with his insightful
Bitcoin continues to be a hot topic in the cryptocurrency world, with analysts constantly sharing their predictions on the future price movements of the pioneer cryptocurrency. A recent forecast by a crypto analyst known as ‘Sensei’ has caught the attention of many investors, as he boldly predicts that Bitcoin could reach a staggering $72,000 in
In a recent court filing on August 12, a US appeals court made a significant decision regarding a class-action lawsuit against Binance.US, the US-based subsidiary of the global Binance exchange. The lawsuit was brought forward by Ryan Cox, who accused Binance.US and CoinMarketCap of manipulating the price of the Hex token. Cox alleged that the
Bitcoin price has managed to stay above the $57,650 support zone, showing signs of resilience in the market. As of now, BTC is on the rise and may be aiming for a move above the $60,000 resistance zone. However, there are still some key levels to watch out for in the coming sessions. Despite the
Recently, Binance, the largest cryptocurrency exchange globally, confirmed that the Venezuelan government has imposed restrictions on access to its website. This action comes in the wake of controversial presidential election results, causing turmoil in the country. Like many other websites in Venezuela, Binance pages are facing access limitations, including social networks. This move has raised