[ad_1] A pro-XRP lawyer lambasted SEC Chair Gary Gensler for not being fair with all cryptocurrency platforms, accusing Gensler of favoring some entities. The Securities and Exchange Commission official was scrutinized as his critics discovered that he had private meetings with the founder of an offshore crypto exchange. Unequal Treatment? Jonhn Deaton questioned the special linkage of the SEC Chair to FTX founder Sam Bankman-Fried, believing that Gensler had issued a favorable ruling to the offshore cryptocurrency exchange firm. The lawyer exposed that a US regulatory official has granted private meetings with Sam Bankman-Fried while denying other crypto firms’ requests…
Author: dfrancis36
[ad_1] A closely followed crypto analyst says that one Solana (SOL) rival is exhibiting market strength despite Bitcoin’s (BTC) pullback to the lower $90,000 range. Pseudonymous analyst Pentoshi tells his 822,400 followers on the social media platform X that the native token of the layer-1 blockchain Sei (SEI) is primed for another leg up. “SEI is another one that not only looks great with a high timeframe flip and clear invalidation, but also holding up very well like many alts on this BTC pullback. Here is the daily and weekly. Just to compare to a similar setup shared [on November…
[ad_1] Este artículo también está disponible en español. BNB has found its footing at the $605 support level, sparking optimism for a potential recovery. Following recent bearish pressure, the bulls appear to be regrouping, aiming to regain control and push the price higher. With key technical indicators signalling renewed buying interest, market participants are closely watching whether this support will serve as the launchpad for BNB’s next rally. As BNB shows encouraging signs of revival, this article aims to delve into its rebound from the $605 support level and evaluate its capacity for a sustained recovery. By analyzing market trends,…
[ad_1] On-chain data shows the Bitcoin investors who purchased at the top are capitulating following BTC’s drawdown under the $93,000 level. Bitcoin Short-Term Holders Have Just Sold Big At A Loss As an analyst in a CryptoQuant Quicktake post explained, the latest BTC crash has triggered panic among the short-term holders. The “short-term holders” (STHs) are the Bitcoin investors who bought their tokens within the past 155 days. The STHs include the new investors and traders in the sector, and as such, the cohort is generally considered to represent the weak side of the market. Members of the group that make it…
[ad_1] Este artículo también está disponible en español. Almost four years ago to the day, Bitcoin experienced a dramatic 17% plunge from $19,500 to $16,200 in 2020, an event that became infamously known as the “Thanksgiving Day Massacre.” As the holiday approaches once again, market participants are questioning whether history might repeat itself. On Monday and Tuesday, Bitcoin’s price underwent an 8% correction, dropping from $98,871 to a low of $90,791. This sudden downturn has sparked discussions among analysts if history could be repeating for the BTC price. Bitcoin ‘Thanksgiving Day Massacre’ 2024? Alex Thorn, Head of Research at Galaxy…
[ad_1] I have to call BS on this claim that Michael Saylor is now Bitcoin’s overlord and can single-handedly decide its fate. That’s just ridiculous.During some drama about whether MicroStrategy’s valuation makes sense, Vinny Lingham declared Saylor is the second most powerful person in Bitcoin after Satoshi Nakamoto. He argued Saylor can dictate terms by threatening to dump MicroStrategy’s giant bitcoin stash if he doesn’t get his way.While questioning MicroStrategy is fair game, the notion Saylor controls Bitcoin’s destiny is intellectually dishonest drama-baiting. Vinny knows better.Bitcoin is decentralized, permissionless, and based on consensus. No single entity, not even the largest…
[ad_1] A closely followed economist believes one popular Solana (SOL)-based memecoin may soon have an explosive breakout. Henrik Zeberg tells his 166,100 followers on the social media platform X that dogwifhat (WIF) may increase in the near-term by more than 337% from its current value. The analyst uses the Elliott Wave Theory to forecast a massive run for WIF. The theory states that an asset tends to witness a five-wave rally with wave three being the longest and the strongest move up. “Now get ready for the even bigger move. WIF seems to have concluded wave two and is now…
[ad_1] Este artículo también está disponible en español. Shiba Inu (SHIB) is garnering attention for its robust performance and potential for future expansion as 2024 draws to a close. SHIB has managed to captivate the interest of both investors and crypto enthusiasts, as it is currently dealing at $0.00002566. The technical signals of the memecoin show notable preparation for a big rally, which has generated expectation for notable increases in the next weeks. Related Reading Positive indicators Surface For Shiba Inu With reference to Shiba Inu on X, crypto expert Javon Marks expressed hope, noting that the value of SHIB…
[ad_1] FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and…
[ad_1] Memecoins have been the top narrative of this cycle, bringing in millions of dollars in revenue to platforms like Pump.fun and generating massive profits for crypto investors. However, many consider that the frenzy around these tokens has taken a concerning turn as the cycle progressed, with figures like Changpeng Zhao urging for projects with ‘real’ utility. CZ Calls For More Real Blockchain Applications On Tuesday, Binance co-founder and former CEO Changpeng ‘CZ’ Zhao shared his thoughts on the recent evolution of the memecoins, stating that they are “getting a little weird now” on an X post. CZ clarified that…