Keisha Lance Bottoms, who is set to become Joe Biden’s senior campaign adviser, recently emphasized that crypto is a nonpartisan issue. According to her, crypto is not a political matter but rather a unifying one that has garnered support from both sides of the political spectrum. She highlighted the fact that voters across the US
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ESMA’s proposed regulations under the Markets in Crypto Assets Regulation (MiCA) have caused significant concern within the crypto community, particularly in regards to the misinterpretation of Maximum Extractable Value (MEV). Paradigm, a key player in the industry, has raised alarms over ESMA’s characterization of MEV as a form of market abuse under the upcoming MiCA
The recent decline in the Bitcoin price can be attributed to major sell-offs that have been impacting the market. Notably, large government entities such as the German and US governments have been selling substantial amounts of BTC. The German government recently sold around 2,786 BTC worth approximately $140 million. Similarly, the US government moved almost
Cardano (ADA) is currently facing a challenging period as its price hovers near the critical support level of $0.3389. The overall cryptocurrency market has been feeling the pressure of a bearish trend, and ADA is no exception to this downward movement. This decline in Cardano’s price is influenced by a combination of macroeconomic factors, market
The XRP price is currently displaying a triangle formation on its chart, indicating a possible rally in the near future. This pattern has been observed before, specifically seven years ago, and led to a significant uptrend in the XRP price. The current triangle formation is supported by various indicators that have turned bullish, such as
Abra, along with CEO William “Bill” Barhydt, recently settled with 25 US state regulators for offering crypto trading services without the necessary licenses. The settlement, announced by the Conference of State Bank Supervisors (CSBS) on June 26, involved the regulators forgoing monetary penalties in exchange for $82 million in customer repayments. Settlement Details As part
Recently, Nigeria’s Securities and Exchange Commission (SEC) issued a 30-day ultimatum for crypto exchanges and digital asset traders to re-register their businesses. This ultimatum was accompanied by a warning of enforcement actions against those who fail to comply. The SEC introduced the Accelerated Regulatory Incubation Program (ARIP) for Virtual Assets Service Providers (VASPs) as part
Bitcoin, the pioneer cryptocurrency, is currently facing a critical juncture in its journey as it struggles to maintain its price above the $61,000 support level. This comes after a remarkable surge in the first half of 2024, where it breached the significant $71,000 mark, eliciting appreciation and speculation from the investor community. Conflicting Views The
Bitcoin recently faced a significant rejection at the $62,498 resistance level, highlighting the prevailing bearish dominance in the market. This failure to break through a critical threshold has raised concerns about potential downward trends. The rejection at this key level signals caution among traders and investors, prompting a reassessment of market strategies. As of the
Aayush Jindal is a distinguished figure in the financial markets, with a wealth of experience spanning over 15 years in the domains of Forex and cryptocurrency trading. His reputation as an expert in providing technical analysis has solidified his role as a trusted advisor and senior market expert for investors worldwide. From a young age,