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
Several crypto analysts have been making bold predictions regarding the future price of Bitcoin, with one analyst, CryptoCon, pointing out a technical indicator that has accurately predicted local highs for Bitcoin in the current bull run. According to CryptoCon, Bitcoin is poised to reach $100,000 and potentially even $109,000 by the end of the year.
Coinbase, a leading cryptocurrency exchange, has taken a strong stance against the US Securities and Exchange Commission’s (SEC) proposal to broaden the definition of “exchange” to include decentralized exchanges (DEXs). The company’s Chief Legal Officer, Paul Grewal, argued in a letter to SEC Secretary Vanessa A. Countryman that the proposed rule is deeply flawed and
The Ethereum price has started a steady increase above the $2,550 resistance level, showing signs of beating Bitcoin in the market. It may even have the potential to clear the $2,750 resistance zone in the near future. The hourly MACD for ETH/USD is losing momentum in the bullish zone, while the RSI is now above
Aayush Jindal, a well-respected figure in the world of financial markets, boasts an impressive track record of over 15 years in Forex and cryptocurrency trading. His reputation precedes him as a trusted advisor and senior market expert, offering invaluable insights and expert analysis to investors globally. From a young age, Aayush demonstrated a natural talent