Prediction of a 35% Drop in the SOL price by September
Due to a traditional bearish reversal pattern, the SOL price faces a major market decline in the next weeks. While facing worries about recurrent network disruptions and centralization, Solana is following larger crypto market developments. Future SOL price adjustment of 35%? SOL price has been depicting a rising wedge on the three-day chart, which is […]
Binance receives approval to operate digital assets, custody services in Kazakhstan
Binance has received an in-principle license to operate as a digital asset service provider in Kazakhstan from the Astana Financial Services Authority, or AFSA, a nation’s independent financial authority. In a statement released on Monday, AFSA stated that it has given Binance preliminary authorization to operate as a digital asset trading facility and to offer […]
CSA requires crypto platforms to file undertaking upon registration
The Canadian Securities Administrators (CSA) stated that as crypto trading platforms take steps to fully comply with securities regulation they will be required to provide a preregistration undertaking committing them to investor protections. As they crypto trading platforms to their principal regulators, according to a Monday announcement from the Canadian Securities Administrators (CSA), the council […]
Eqonex crypto exchange announces plan to shut down
Digital assets investment company Eqonex, has announced the stoppage of its activities and exit of the crypto exchange industry. Eqonex announced on Monday that it would stop trading on its cryptocurrency exchange on August 22 and permit users to withdraw money up until September 14. The company said that the closure was a result of […]
Final Bear Rally: 5 Things You Should Know About Bitcoin
Despite being Bitcoin’s highest weekly closing since June, volatility entered the market as soon as the new week began. After recording its strongest weekly finish since mid-June, Bitcoin (BTC) kicks off the new week with a bang. Will the good times last? Following a turbulent weekend, BTC/USD was able to contain losses until the weekend’s […]