Aayush Jindal, a remarkable figure in the financial markets, has amassed over 15 years of experience in Forex and cryptocurrency trading. From a young age, Aayush displayed a natural talent for deciphering complex market systems, eventually leading him to become a trusted advisor and senior market expert for investors worldwide. His keen insights and astute
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Ethereum has experienced a significant decline starting from the $3,500 resistance zone. The price is currently down by over 8%, signaling a possible continuation towards the $3,120 support level. This downward movement has gained momentum, with ETH trading below $3,400 and the 100-hourly Simple Moving Average. A break below a key declining channel with support
The crypto industry has been facing numerous challenges under the current administration, particularly in terms of regulatory clarity. Ben Horowitz and Marc Andreessen, the founders of Andreessen Horowitz (a16z), have openly criticized the Biden-Harris Administration’s handling of the cryptocurrency sector. Their main concern lies with the lack of clear guidance from the Securities and Exchange
The XRP price has faced challenges in recent times despite achieving some victories against the SEC. The price surge was not strong enough to reach the $1 mark, but there is still optimism among bulls. The emergence of a Golden Cross formation on the weekly chart, as highlighted by a pseudonymous crypto analyst, is seen
The Russian State Duma recently passed a bill legalizing Bitcoin mining and allowing the use of cryptocurrencies for international trade. This bill, initially introduced a few years ago, is set to come into effect on September 1st. The legislation received overwhelming support with 404 votes in favor and no votes against or abstentions. The main
Bitstamp, a prominent crypto exchange, has recently started the process of returning recovered digital assets to creditors of the defunct Mt. Gox exchange. This development signifies a major milestone in the decade-long effort to reimburse those affected by the infamous 2014 hack that ultimately led to the collapse of Mt. Gox. Bitstamp is collaborating with
Despite attempts to break above the $3,500 resistance zone, Ethereum has continuously failed to sustain gains in recent trading sessions. The price is currently hovering below $3,480 and the 100-hourly Simple Moving Average, indicating a lack of bullish momentum in the market. The hourly MACD for ETH/USD is showing a loss of momentum in the
Scott Matherson is a well-known figure in the crypto industry, particularly as a writer for NewsBTC. His ability to simplify complex topics and make them accessible to all readers has made him a valuable asset in the industry. Scott’s experience in banking and investment has allowed him to bring a unique perspective to his writings,
Bitcoin price has faced challenges in the market, struggling to break above the $68,500 resistance zone. This has led to a correction wave, indicating potential further declines below the $65,500 support zone. The price of Bitcoin is currently trading below $66,500 and the 100 hourly Simple Moving Average. A key bullish trend line was broken
Following a significant exploit that resulted in the loss of nearly half its assets, India-based centralized exchange WazirX is actively seeking partnerships to restore full operations. In a social media post on July 23, the exchange’s co-founder, Nischal Shetty, shared the development and informed users that the team is working on a solution to help