Author: cointechies
The crypto crown princes who could ‘win, win, win’ under Trump Financial Times
U.Today – A price move near $100,000 has garnered a lot of attention and represents a significant technical and psychological turning point for the market. While this milestone is noteworthy, there are legitimate concerns about the sustainability of the bull market and the possibility of a comeback. As you can see from the price chart, Bitcoin continues its upward trajectory and shows resilience after coming out of a prolonged period of price collapse earlier this year. The key moving averages, especially the 50 EMA, which still acts as dynamic support, are being held upward by the price. Additionally, the gradual…
Can Crypto Bros Save Luxury in 2025? Bloomberg
Trump’s new crypto venture partners with crypto platform linked to Hamas and Hezbollah ABC News
ASIC head of digital assets Reece Bolen has likened cryptocurrencies to prison cigarettes, raising concerns in the Australian industry that ASIC is planning an overly broad regulatory approach. Industry observers fear ASIC's approach could further stifle innovation in Australia's cryptocurrency industry and encourage overseas companies to seek a friendlier regulatory regime. Have you heard the news? Cryptocurrency is like cigarettes…like prison cigarettes. Yes, that's right. Rhys Bolen, head of digital assets at the Australian Securities and Investments Commission (ASIC), said Bitcoin (also known as digital gold, the future of money, etc.) and other cryptocurrencies are being used in prisons for…
Aayush Jindal is a well-known name in the world of financial markets, whose expertise spans over 15 illustrious years in the field of Forex and Cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and senior market expert to investors around the world, guiding investors through the complexities of modern finance with his keen insight and keen chart analysis. I will guide you. From an early age, Aayush showed a natural talent for deciphering complex systems and unraveling patterns. Driven by his insatiable curiosity to understand market dynamics, he embarked on a journey…
Global cryptocurrency exchange Kraken has been fined A$8 million by Australian regulators. The fine relates to Kraken's margin enhancement products that were offered without the required target market determination (TMD). ASIC's claims include significant financial harm to Kraken's customers and material regulatory violations. Despite this ruling, Australian regulators are focused on updating financial regulations to support the digital asset sector. Global cryptocurrency exchange Kraken has been in trouble with Australian regulators over A$8 million. Kraken's history in Australia dates back to 2013 via Bit Trade, which was acquired and rebranded by Kraken in 2020. However, the crypto exchange's problems arose…
Introducing Samuel Edim, nickname – HIM-buktu. A Web3 content writer, journalist, and aspiring trader, Edyme is extremely versatile. With a flair for words and a keen eye for trends, he has written for numerous industry insiders, including AMBCrypto, Blockchain.News, and Blockchain Reporter. Edyme's foray into the crypto world is straight out of a movie. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that uses cryptocurrencies as payment got him in. Rather than retreat, he became wiser and more determined, parlaying his experience into more than three years of insightful market analysis. Before…
AMP becomes the first Australian super fund to invest in Bitcoin, allocating $27 million. The investment represents just 0.05% of AMP's $57 billion in assets under management. AMP's move highlights the growing acceptance and adoption of cryptocurrencies as legitimate investments. The investment was made in May when Bitcoin was trading at around US$60,000 and has since increased in value by around 66%. This year was a year of firsts for Bitcoin. America's first spot ETF. For the first time, it exceeded US$100,000 (A$156,000). And now, Bitcoin has achieved yet another first – this time Down Under. Australia's multi-billion dollar super…
Bitcoin’s 142% rise in 2024 has increased investor interest in altcoins such as AAVE, LINK, and AVAX. President Trump's pro-crypto stance and the possibility of deregulation have raised expectations for ETF approval, pushing altcoins higher. AVAX and LINK expect significant price increases related to strategic alliances and market development. Alt-season vibes are evident in the crypto sector. As Bitcoin rises 142% in 2024, investors are turning their attention to cryptocurrencies that surpass BTC and ETH. And some of the biggest profiteers are no strangers to experienced crypto enthusiasts. On the 24-hour time frame, Aave (AAVE) is up 24%, Chainlink (LINK)…