The recent Bitcoin price crash below $66,000 has sent shockwaves through the market, resulting in over $90 million in liquidations within a 24-hour period. Despite the substantial drop, analysts are warning that the worst may not be over just yet. Crypto analyst Ali Martinez has expressed a bearish outlook, suggesting that Bitcoin could still see
Recently, the US Commodity Futures Trading Commission (CFTC) launched an investigation into Jump Crypto, a major player in the crypto industry. The reasons for this probe have not been disclosed, leaving many to speculate about the firm’s trading and investment activities in the crypto sector. Although the scrutiny does not suggest any misconduct on Jump
Binance, the leading cryptocurrency exchange in the world, has recently been facing regulatory challenges in various countries, including India. The Financial Intelligence Unit (FIU) of India imposed a hefty fine of 188.2 million Indian Rupees on Binance for non-compliance with Anti-Money Laundering (AML) regulations. This fine amounts to approximately $2.2 million and was a result
Aayush Jindal is a prominent figure in the financial markets arena, boasting a remarkable track record of over 15 years in Forex and cryptocurrency trading. His expertise is highly regarded, particularly in the realm of technical analysis, where he offers valuable insights and astute chart interpretations to investors globally. From a young age, Aayush displayed
In the ever-evolving world of cryptocurrency, the allure of using digital assets for travel purposes has become increasingly popular. However, embarking on a journey with your crypto holdings comes with its own set of risks and challenges. It is crucial for individuals to be aware of these risks and take necessary precautions to ensure a
The recent revelation by CertiK, a blockchain security firm, regarding a critical vulnerability within the deposit system of the popular crypto exchange Kraken has sent shockwaves through the cryptocurrency community. CertiK’s investigation began on June 5 when researchers discovered an issue in Kraken’s deposit system. This flaw failed to properly differentiate between internal transfer statuses,
A recent development in the legal battle of Binance executives in Nigeria saw a federal high court dismissing a human rights lawsuit filed by Nadeem Anjarwalla. The lawsuit, directed against the country’s National Security Adviser and the Economic and Financial Crimes Commission, was dismissed by Justice Inyang Ekwo on June 19. The primary reason cited
Recently, the popular crypto exchange Kraken revealed that it had fallen victim to a critical bug in its funding system. The bug, which was discovered by a security researcher, allowed malicious actors to artificially inflate their account balances and subsequently trade with these inflated assets in real time. This flaw was attributed to a recent
Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, provided his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem. According to Kling, Bitcoin is approximately 10% off its all-time highs, with a timeline that seems to be on the verge of cannibalism. Despite the NASDAQ surging 16% since April
In the midst of significant turbulence within the cryptocurrency market, investors are turning to Bitcoin as a safe haven asset. This shift in behavior has led to Bitcoin’s dominance reaching a nine-week high of 57%, highlighting the increasing preference for the leading cryptocurrency amidst market chaos. As investors seek stability in uncertain times, altcoins are