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
Bitcoin price recently witnessed a downside correction after facing resistance at the $62,700 zone. The cryptocurrency is currently consolidating near $58,500 and is finding it challenging to recover from the dip. This correction has led BTC to trade below the $60,000 mark and the 100 hourly Simple Moving Average (SMA). The decline in Bitcoin’s price
In the first five days of August, Dogecoin experienced a significant decline, dropping by 38% from $0.1348 to a low of $0.0831. This downturn was part of a broader market sell-off that affected many cryptocurrencies, including DOGE. Despite the initial drop, Dogecoin has shown resilience and strength in the face of market challenges. Over the
The recent discussion by crypto analyst Benjamin Cowen on the death cross indicator has shed light on Bitcoin’s vulnerability to a potential price decline. The appearance of the death cross on Bitcoin’s chart has made the $62,000 price level crucial for the flagship cryptocurrency to avoid another price crash. Cowen highlighted in a video on