BNB is currently facing increasing bearish pressure, which could potentially lead it to the $500 mark. As sellers tighten their grip on the cryptocurrency, the likelihood of a further drop to this critical support level is high. The question remains, can BNB break through these bearish barriers and move towards its target, or will it
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Bitcoin has been facing difficulties in rising above the $60,200 and $61,500 resistance levels. Despite trying to push through, the price is currently trading below $61,000 and the 100 hourly Simple moving average. This indicates a struggle for BTC to make any significant gains in the near future. Although Bitcoin has been able to remain
The Ethereum price has been on a rollercoaster ride, starting a recovery wave from the $2,400 zone. Despite attempts to climb above $2,600 resistance, ETH is currently struggling to gain momentum. The price is trading below $2,550 and the 100-hourly Simple Moving Average, indicating a tough road ahead. There was a glimmer of hope as
OpenSea CEO, Devin Finzer, recently made headlines by announcing that the firm received a Wells Notice from the US Securities and Exchange Commission (SEC). The SEC considers the NFTs on OpenSea’s platform as securities, which has sparked controversy within the digital art community. Finzer expressed surprise at the SEC’s sweeping move against creators and artists,
After being released from prison, Telegram CEO Pavel Durov is now under judicial supervision in France. He is required to deposit a €5 million bond and is prohibited from leaving French territory. Durov must also report to the police station twice a week in compliance with his bond conditions. The charges against him include “complicity
Recent hints dropped by crypto exchanges Binance and Bybit about launching new Solana-related products have sparked speculation within the crypto community. The potential entry of these exchanges into the Solana liquid staking market has caught the attention of investors and enthusiasts alike. On Aug. 13, Binance’s official X account posted a mysterious message “BNSOL” followed
Aayush Jindal is a prominent figure in the financial markets arena, boasting over 15 years of experience in Forex and cryptocurrency trading. His reputation precedes him as a trusted advisor and senior market expert, offering invaluable insights and astute chart analysis to investors worldwide. Aayush’s journey to success commenced at a young age, where his
Bitcoin price has been consolidating near the $58,500 level after experiencing a minor recovery from the $58,000 zone. However, the price is currently trading below $62,000 and the 100 hourly Simple Moving Average. There is a major bearish trend line with resistance at $60,200, indicating that BTC must clear the $60,500 resistance level to initiate
Ethereum has recently experienced a significant decline in price, dropping below the $2,550 mark. This downward trend has raised concerns among investors and traders alike, as the cryptocurrency struggles to maintain its value in the volatile market. Despite the price decline, there is still hope for Ethereum to initiate a recovery if it manages to
In a move to revolutionize the financial landscape, the Hong Kong Monetary Authority (HKMA) has launched the Project Ensemble Sandbox. This initiative aims to explore the potential of tokenization across various asset classes and real-world financial applications. The sandbox will serve as a testing ground for innovative solutions that could redefine digital finance. The Project