Day: November 28, 2024

24 Exchange Enters the US: Gains SEC Approval

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24 Exchange, which began by offering FX NDFs, has entered the United States after receiving approval from the Securities and Exchange Commission (SEC) to operate a securities exchange in the country. Filling the Gap in the Market Announced yesterday (Wednesday), the newly approved platform has been named 24X National Exchange. It will enable trading of US securities for 23 hours each workday, supporting extended trading hours. The exchange’s services will be available to retail and institutional customers globally, allowing them to trade US equities through broker-dealers approved as members of…

Cardano (ADA) Eyes Momentum for Its Next Big Move

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Cardano price started a consolidation phase near the $1.00 zone. ADA is holding gains and might aim for a fresh increase above $1.050. ADA price started a fresh increase from the $0.8800 zone. The price is trading above $0.950 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $1.020 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $1.050 resistance zone. Cardano Price Eyes Fresh Surge In the past…

Dogecoin Hits Critical Resistance: Will It Surge Past $0.40 or Face a Price Dip?

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Despite Dogecoin (DOGE) still being 45% below its all-time high of $0.7316, achieved in 2021, DOGE has experienced a notable year-to-date gain of over 400%. When writing, the memecoin leader trades at $0.404, up 5.6% in the past 24 hours. Analysts suggest this price marks a critical juncture that could significantly influence Dogecoin’s trajectory in the coming days. Dogecoin Hit Key Resistance Point The recent rally has garnered significant attention from analysts. Renowned crypto analyst Ali recently shared his technical cryptocurrency analysis via his X account. In the post, the analyst marked…

FBI Sting Reveals Bitcoin Scheme Behind Counterfeit Goods Network

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Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including a $25,000 cash-to-bitcoin exchange, for an undercover agent who claimed involvement […] Original

XRP Price Retains Strength: Is a New Upside Push Imminent?

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XRP price is consolidating near the $1.450 zone. The price is showing positive signs and might soon aim for a fresh move above the $1.50 level. XRP price is eyeing a fresh increase above the $1.465 resistance zone. The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.4580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain momentum if it clears the $1.500 resistance. XRP Price…

Experts Predict Bitcoin Journey To $100,000 After Thanksgiving Rally

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Russia Approves Crypto Tax Law, Redefining Digital Currency Rules

Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house of parliament, approved a government-initiated bill outlining the taxation framework for digital […] Source CryptoX Portal

Ethereum Price Powers Ahead with a 10% Surge: More to Come?

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Este artículo también está disponible en español. Ethereum price remained supported above the $3,250 zone. ETH started a fresh surge and cleared the $3,550 resistance zone. Ethereum started a fresh increase from the $3,250 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,375 on the hourly chart of ETH/USD (data feed via Kraken). The pair is up nearly 10% and now consolidates gains near the $3,650 zone. Ethereum Price Starts Fresh…

Bitcoin Price Bounces Back: Will the Climb Continue?

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Bitcoin price is recovering higher above the $94,000 level. BTC is consolidating and aims for a fresh increase above the $97,000 level. Bitcoin started a fresh increase from the $91,000 zone. The price is trading above $95,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $95,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if it clears the $97,000 resistance zone. Bitcoin Price Recovers Losses Bitcoin price found support near…

Bitcoin Sentiment Cools Down From Extreme Greed: Can Rally Restart Now?

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Este artículo también está disponible en español. On-chain data shows the Bitcoin Fear & Greed Index has cooled down from extreme greed, a sign that may be positive for BTC’s price. Bitcoin Fear & Greed Index Is Pointing At ‘Greed’ Again The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets. This metric uses a scale from zero to a hundred to represent its value. All values greater than 53 imply the…