Aayush Jindal, a prominent figure in the financial markets, has been navigating the realms of Forex and cryptocurrency trading for over 15 years. Renowned for his expertise in technical analysis, Aayush has earned a reputation as a trusted advisor and senior market expert, guiding investors worldwide with his insightful chart analysis and keen market insights.
Ethereum’s price has been showing signs of a potential bullish momentum, as it is currently trading above the $3,050 level and the 100-hourly Simple Moving Average. The recent break above a short-term bullish flag with resistance near $3,090 on the hourly chart of ETH/USD signals a positive trend. Moreover, the pair even spiked above the
The recent Senate Agriculture Committee hearing on digital commodities oversight shed light on the Commodity Futures Trading Commission’s (CFTC) willingness to take on a more prominent role in regulating the crypto market. CFTC chair Rostin Behnam expressed openness to the idea of serving as the primary regulator for digital assets, signaling a potential shift in
The recent announcement of the co-founding of the Blockchain Security Standards Council (BSSC) by Kraken, along with other major industry players, demonstrates a concerted effort to enhance security within the crypto sector. By collaborating with Anchorage Digital, Coinbase, Fireblocks, and other key companies, the nonprofit organization aims to create uniform security standards to address pressing
The crypto market is abuzz with predictions of Bitcoin (BTC) surging to $100,000 in the near future. One crypto analyst, known as ‘DonAlt,’ has expressed optimism about Bitcoin’s potential for a mega rally. With the increasing inflows into Spot Bitcoin ETFs and forecasts of an impending bull run, the $100,000 price target for Bitcoin seems
The Markets in Crypto-Assets (MiCA) regulation introduced by the EU has had a significant impact on the digital asset market, not only affecting companies within the EU but also global firms involved in Euro transactions. One of the most noticeable effects of this regulation is the decrease in new exchange listings. According to data from
Ethereum price is currently on a path towards a potential recovery. The price of ETH is gradually climbing above the $3,000 mark, showing some positive movement. Additionally, the price is above the key 100-hourly Simple Moving Average, indicating a bullish trend. There is also a short-term declining channel or a bullish flag forming with resistance
Bitcoin’s price is currently showing signs of a slow but steady increase above the $56,500 level. The cryptocurrency might see a bullish momentum if it manages to clear the $58,500 resistance zone. The recent recovery wave pushed the price above $57,000, with the 100 hourly Simple moving average providing support. As per technical indicators, there
The weekend saw a significant drop in the Bitcoin price, falling below $60,000 due to rapid selling by major holders such as the German and US governments. This resulted in one of the largest drops for the pioneer cryptocurrency in the last two years, causing the market to lose billions of dollars. Despite this, Bitcoin
In a recent interview with Bloomberg, Bitwise’s Chief Compliance Officer, Katherine Dowling, expressed optimism about the approval of spot Ethereum ETFs. She mentioned that these ETFs are “close to the finish line” and indicated that discussions with the SEC have been productive. Dowling highlighted the SEC’s receptiveness to conversations regarding new products, signaling a positive