PEPE is currently facing intense bearish pressure, with its price trending downward towards a critical support level at $0.00000589. Recent market actions have shown that sellers are dominating, pushing the token closer to this key threshold. The big question now is whether the bulls can mount a defense to prevent further declines or if PEPE
The recent crash in the Bitcoin and crypto market has left investors reeling as prices have plummeted across the board. This has led to a rapid shift in sentiment among crypto investors, causing the Fear & Greed Index to plummet into the Extreme Fear territory. This index is a valuable tool for understanding how investors
Aayush Jindal is a prominent figure in the financial markets, with a wealth of experience spanning over 15 years in Forex and cryptocurrency trading. Known for his exceptional proficiency in technical analysis, Aayush is a trusted advisor to investors worldwide, offering keen insights and astute chart analysis to navigate the complexities of modern finance. From
Ethereum price is currently attempting to recover from the $2,350 zone, with the target of breaking above the $2,440 resistance level. However, the price is still trading below $2,440 and the 100-hourly Simple Moving Average, indicating a certain level of resistance in the market. There is a connecting bearish trend line forming with resistance at
Recently, a federal judge made a significant ruling regarding a proposed class action lawsuit against Coinbase. The lawsuit accuses the largest US crypto exchange of misleading shareholders about the possibility of being sued by the SEC. The judge, Brian Martinotti, found that the plaintiffs adequately demonstrated that Coinbase and its executives had defrauded them by
Binance has recently made the decision to permanently bar its co-founder, Changpeng Zhao (CZ), from managing the crypto exchange. This means that CZ is prohibited from any present or future involvement in operating or managing the business. Initially, there were reports suggesting that CZ could potentially return to Binance after three years, however, CEO Richard
Growing up in Edo State, Nigeria, I was always surrounded by my family who served as my guiding light. My parents and siblings have been instrumental in shaping my values and beliefs, instilling in me a sense of security and perseverance. However, it wasn’t until three years ago that I stumbled upon the world of
Arthur Hayes, the co-founder of BitMEX, recently shared a pessimistic view on the immediate future of the Bitcoin market. In a statement on his X profile, Hayes hinted at a potential drop in the Bitcoin price below $50,000, indicating that he had taken a short position in the market. While the exact reasons behind his
Bitcoin (BTC) and Ethereum (ETH) have seen a downtrend since the beginning of September, with various macroeconomic factors contributing to this negative sentiment. The recent surge of the Yen against the US dollar has led investors to unwind their carry trade positions, putting selling pressure on cryptocurrencies like Bitcoin and Ethereum. Hedge fund manager James
The hacker behind the $235 million theft from WazirX, an Indian crypto exchange, has recently transferred around $10 million through sanctioned Tornado Cash within a 24-hour period. This indicates a deliberate attempt to launder the stolen funds and hide their origins. The hacker initiated the movement of assets the day before, with $10 million in