Author: Yeek.io

The Securities and Exchange Commission (SEC) closed its investigation into Robinhood Crypto (RHC) without pursuing enforcement actions. This move comes amid the Commission’s efforts to move away from its previous “regulation by enforcement” approach under the new industry-friendly administration. SEC Closes Robinhood Crypto Investigation On Monday, Robinhood announced that the US SEC’s Enforcement Division had closed its 9-month investigation into its crypto arm without taking any enforcement measures. In May 2024, the Commission’s staff issued a Wells Notice to Robinhood, indicating that they would recommend the SEC file an enforcement action for allegedly violating securities law with its US crypto…

Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE tested $0.2050 is now consolidating below the $0.2250 resistance. DOGE price started a fresh decline below the $0.260 and $0.250 levels. The price is trading below the $0.2380 level and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.2180 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could start a recovery if it clears the $0.2180 and $0.2200 resistance levels. Dogecoin Price Dips Over 5% Dogecoin price started a fresh decline below…

The cryptocurrency market is no stranger to volatility, and Solana (SOL) has recently felt the sting of a notable price sink. As investors and enthusiasts scramble to make sense of the latest downturn, questions abound: What’s driving this dip, and where is Solana headed next?  In this analysis, we’ll dive into the factors influencing Solana’s recent price movements, explore market trends, and offer insights into what might lie ahead for this high-speed blockchain contender. Whether you’re a seasoned trader or a curious observer, here’s what you need to know about Solana’s next potential steps. About Solana Solana is a high-performance…

Ethereum’s retail short position rising as longs decline amid rising OI signaled retail investors are bearish. Binance is dumping massive amounts of ETH and other cryptos despite the MACD confirming a bullish crossover. The percentage of retail short positions for Ethereum [ETH] has been rising, while that of long positions is declining. The Short Ratio has climbed above 30%, while the Long Ratio has dropped below 75%. This shift is accompanied by increasing Open Interest (OI), suggesting retail investors are betting against Ethereum. As of press time, ETH’s price has risen above $2,775, but if this bearish sentiment prevails, a…

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…

Este artículo también está disponible en español. On-chain data shows a Bitcoin indicator is currently retesting a level that has historically acted as a boundary line between bearish and bullish momentum. Bitcoin Short-Term Holder SOPR Is Retesting 1.0 Right Now In a new post on X, the on-chain analytics firm Glassnode has discussed about the latest trend in the BTC Spent Output Profit Ratio (SOPR) of the short-term holders. Related Reading The “SOPR” here refers to an on-chain indicator that tells us about whether the Bitcoin investors as a whole are selling or transferring their coins at a profit or…

Best AI Crypto to Invest in? We’ve got our eyes on Dawgz AI, and trust us – you don’t want to miss out.  We’ve been in the crypto game long enough to know when a project has real potential, and this one’s packing serious heat. Dawgz AI isn’t just another coin; it’s a high-powered trading machine loaded with smart trade bots that know how to play the market like a pro. If you’re looking for insane ROI before the next big boom, this is your shot. Don’t sit on the sidelines – grab your stake before Dawgz AI takes off.…

Homepage > News > Business > Research calls for tighter metaverse policing; Selangor eyes Web3 A new report from Charles Sturt University has recommended enhancing regulations for the emerging metaverse industry to improve consumers’ safety standards ahead of an anticipated $1 trillion market capitalization. According to the research, several gaps in the ecosystem require urgent attention from lawmakers amid impressive growth projections. Apart from the absence of tight regulatory frameworks, the report highlights a lack of in-depth research on the metaverse, which leaves administrators with limited information. Milind Tiwari, senior researcher at Charles Sturt University, disclosed several issues in the…

  XRP has broken down an ascending triangle price action pattern and its $2.50 support. XRP traders were over-leveraged at $2.40 on the lower side and $2.55 on the upper side.  Ripple[XRP] appears to be shifting its trend from upside momentum to a downtrend amid ongoing market uncertainty. At the time of writing, with a 5% price drop, the asset has breached its prolonged support and is poised for a massive price drop.  XRP’s technical analysis and price prediction  According to AMBCrypto’s technical analysis, XRP turned bearish on the four-hour timeframe after breaking down from an ascending triangle pattern. This…

Global crypto exchange OKX has agreed to pay $505 million in penalties after pleading guilty to operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws.  The settlement follows an investigation by the U.S. Department of Justice, which found that certain U.S. customers had traded on OKX’s global platform despite the company’s official policy prohibiting U.S. users since 2017. The compliance violations covered in this settlement took place between 2018 and the beginning of 2024. According to OKX’s official announcement, the penalty includes an $84 million fine and the forfeiture of $421 million in fees earned from U.S.…