The aftermath of the $234 million hack on WazirX has thrown the crypto platform into a 30-day moratorium, pending a decision by Singapore’s High Court on whether to extend the freeze. This move came after rival platform CoinSwitch announced its intention to pursue legal action in order to recover approximately $9.6 million in digital assets
Aayush Jindal is a standout figure in the financial markets, boasting an impressive career spanning over 15 years in both Forex and cryptocurrency trading. Known for his exceptional prowess in technical analysis, Aayush has garnered a reputation as a trusted advisor and senior market expert, guiding investors worldwide with his sharp insights and astute chart
Crypto analyst Man of Bitcoin recently shared his thoughts on the trajectory of Bonk (BONK) using the Elliot Wave Theory. According to his analysis, the meme coin could potentially reach $0.000027 in the third wave of the Elliot Wave pattern. This prediction is based on BONK already breaking above the first wave of $0.000022, indicating
Bitcoin has recently shown positive momentum as it tested the $65,000 resistance level. In order to continue its upward trajectory, BTC must successfully clear the $65,000 hurdle. The cryptocurrency started its climb above the $63,000 zone and is currently trading above $63,500, supported by the 100 hourly Simple Moving Average. A key bullish trend line
Aayush Jindal, a prominent figure in the financial markets, has accrued over 15 years of experience in Forex and cryptocurrency trading. Widely respected for his adept technical analysis skills, Aayush serves as a trusted advisor to investors worldwide, offering valuable insights and expert chart analysis. This article delves into Aayush’s background, skills, and philosophy that
The SEC recently filed settled charges against Abra for failing to register its crypto asset lending product, Abra Earn. The allegations include selling nearly half a billion dollars of securities to US investors without complying with registration laws, thereby depriving investors of essential information needed to make informed decisions. Furthermore, the SEC also charged Plutus
Despite struggling to gain momentum above the $2,800 level, Ethereum is currently consolidating above the $2,700 resistance. This indicates a potential bullish move if it manages to clear the $2,785 resistance zone. The price has been trading above $2,700 and the 100-hourly Simple Moving Average, showing signs of stability. A key bullish trend line is
Bitcoin traders are constantly looking for the perfect opportunity to buy into the market and maximize their profits. One popular tool that analysts use to predict market movements is the Elliot Wave Theory. This theory relies on identifying patterns in the price movements of an asset to forecast future trends. In this case, the analyst
France, known for being a hub for some of the world’s largest crypto businesses, has recently faced challenges that may jeopardize its position in the industry. Despite having favorable tax rates and a pool of talented individuals, the aftermath of the French elections and increasing competition within Europe has cast doubt on the country’s future
Ryan Salame, a former FTX executive, has been in the spotlight recently for attempting to void his guilty plea based on allegations of false promises made by prosecutors. He claims that during plea negotiations, prosecutors implied that they would not continue investigating his partner, Michelle Bond. However, the US Attorney’s Office has deemed these allegations