Every great story begins with a foundation, and for me, that foundation was laid in Edo State, Nigeria. Growing up in a household with three siblings, I was fortunate to be surrounded by individuals who inspired me daily. They were not just my companions but also became my role models, showcasing the essence of perseverance
As Bitcoin dances around the impressive value of $67,000, analysts are closely monitoring its movements. The cryptocurrency has shown resilience, initiating a gradual advance from the $65,500 mark. Notably, Bitcoin has managed to trade above the pivotal $67,200 threshold along with the 100-hourly Simple Moving Average (SMA), indicating a potential upward trajectory if it can
As the financial world continues to witness a robust surge in cryptocurrency and digital assets, Hong Kong is positioning itself strategically to embrace this digital revolution. Financial Secretary Paul Chan’s announcement during the Hong Kong FinTech Week indicates a decisive move towards licensing additional crypto exchanges by the year’s end. This expands on the progress
Aayush Jindal has carved a distinctive niche within the financial markets, particularly in Forex and cryptocurrency trading. Over more than 15 years, he has distinguished himself through an exceptional command of technical analysis and market forecasting. His journey from a curious youth to a trusted advisor for global investors illustrates not only a commitment to
The rapidly evolving landscape of global finance has necessitated innovative solutions that can bridge the gaps created by diverse regulatory frameworks. In response to this challenge, the Bank for International Settlements (BIS) has spearheaded Project Mandala, a collaborative initiative with the central banks of Australia, Korea, Malaysia, and Singapore. The project aims to streamline cross-border
In a significant development amidst its ongoing bankruptcy proceedings, FTX has reached a $228 million settlement with the cryptocurrency exchange Bybit and its affiliates. This settlement, announced in November 2023, was born out of a lawsuit filed by FTX aimed at recovering approximately $1 billion in digital assets. The agreement allows FTX to access $175
Bitcoin stands as the most prominent cryptocurrency, serving as a decentralized form of money that operates outside the purview of traditional financial institutions and government control. Its innovative structure fosters a peer-to-peer network, enabling individuals to transact directly without relying on third parties, such as banks or payment processors. This paradigm shift has not only
As the cryptocurrency market evinces renewed optimism, Bitcoin continues to capture significant attention. Traders are keenly observing the movements of Bitcoin, with the potential for it to resurge to the previous high of $69,000. Such a price elevation is not merely speculative; it marks a crucial threshold that could dictate the asset’s trajectory in the
Over the past year, the cryptocurrency market has witnessed a remarkable transformation, with Bitcoin exchange-traded funds (ETFs) playing a pivotal role in this evolution. Ending last week with an impressive net inflow of $997.70 million, the demand for Bitcoin ETFs has reached unprecedented levels, marking the highest rate seen in the past six months. This
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been experiencing a turbulent phase in its price movements. Recently, it extended its losses and approached significant support levels, particularly around $2,380. This article dives into the current state of Ethereum’s price, the factors contributing to its fluctuations, and potential future outcomes based on technical indicators.