Author: Digicoinvision
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Join Our Telegram channel to stay up to date on breaking news coverage Fundstrat Global Advisors managing partner Tom Lee says Ethereum bottomed at around $4,300, while his ETH treasury firm Bitmine Immersion Technologies snapped up another $21 million of the altcoin leader. “Calling ETH bottom to happen in next few hours,” Lee said in an X post earlier today just after 8 p.m. EST. Lee shared a screenshot of a message he received from Fundstrat’s managing director of technical strategy, Mark Newton. Newton said that ETH presents “a very good risk/reward” at its current levels. He added that he…
India is intensifying tax enforcement on past crypto transactions, issuing official notices that demand detailed disclosures and warn of penalties for previously undeclared digital assets. India Ramps up Tax Enforcement on Past Crypto Deals and Undeclared Assets India’s tightening tax scrutiny has placed crypto investors under the spotlight as regulators expand enforcement on undisclosed digital […]
Standard Chartered said Ethereum (ETH) and the companies holding it in their treasuries remain undervalued, even as the second-largest crypto surged to a record $4,955 on Aug. 25.Geoffrey Kendrick, the bank’s head of crypto research, said treasury firms and exchange-traded funds have absorbed nearly 5% of all Ethereum in circulation since June. Treasury companies bought 2.6%, while ETFs added 2.3%.Combined, that 4.9% stake represents one of the fastest accumulation streaks in crypto history, surpassing the speed at which Bitcoin (BTC) treasuries and ETFs acquired 2% of supply in late 2024.Building toward 10%Kendrick said the recent buying spree marks the early…
President Donald Trump’s memecoin could be getting an exchange-traded fund (ETF) in the US after Canary Capital was first to file for a product that buys and holds the token, with an analyst questioning how it will clear regulatory hurdles.In a filing with the Securities and Exchange Commission on Tuesday, Canary said its fund, the Canary Trump Coin ETF, would directly hold and offer exposure to Official Trump (TRUMP).Trump launched the token in January, just days before he re-entered the White House. It’s currently ranked 55th by market value, having fallen 69% from its Jan. 19 all-time high of $46.50,…
The price of Bitcoin has plunged below $110,000 in the past 24 hours, marking one of its steepest corrections in weeks. According to data from Bitcoin Magazine Pro, the world’s largest cryptocurrency dropped to $108,890 and remains below the $110,000 threshold at the time of writing. The decline represents a sharp sell-off from just last Friday, when Bitcoin traded as high as $117,000, before tumbling to $109,894 over the weekend. The downward momentum was accelerated by a massive whale sale. Over the weekend, a single Bitcoin holder offloaded 24,000 BTC worth more than $2.7 billion, sparking additional selling pressure and…
Outgoing US Commodity Futures Trading Commission commissioner Kristin Johnson says she will be leaving the regulator next week, on Wednesday, Sept. 3, after saying earlier this year she’d leave the agency before 2026 after completing her term.Johnson said in a statement on Tuesday she considered it an “honor and privilege” to work as a financial market regulator and feels “inspired to dig in and do more” while she looks for “new ways to be of service to customers, markets, and our nation.”She cited her work proposing initiatives for evaluating cyber threats and the integration of artificial intelligence in financial markets…
Ethereum price started a fresh decline below the $4,550 zone. ETH is now correcting losses and might aim for a move above the $4,650 zone. Ethereum started a fresh upward move from the $4,320 zone. The price is trading near $4,580 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,460 in the near term. Ethereum Price Corrects Losses Ethereum price traded to a new all-time high…
December marks a month of continued progress in the Ethereum ecosystem. Research on proof of stake and sharding continues after the research team’s workshop in Singapore in November, the light client slowly keeps getting better, Whisper and Swarm keep moving forward, and discussions on protocol economics and community governance continue to mature. First, privacy technologies on Ethereum, and particularly zk-SNARKs (or “zero knowledge proofs”), have been rapidly moving forward. Vlad Zamfir has taken it upon himself to explain the history behind Casper, from his point of view: On proof of stake from myself: Vlad has also taken it upon himself to rail against…
Key Takeaways Token unlocks in September highlight TRUMP and SVL as high-risk supply events, with BTC and SOL showing minimal impact on short-term liquidity. Token unlocks are a key liquidity event. As such, traders need to keep a close eye on when vested supply hits the market. DefiLlama’s latest schedule maps out these flows over the next month, highlighting liquidity spikes that could create short-term volatility. Notably, the largest unlocks concentrate on a 30-day horizon, signaling a significant inflow of tokens by month-end. With September’s volatility already priced in, can traders handle the impact of these supply shocks? Moderate unlock this…