Day: March 12, 2026

Ethereum Price Struggles Near Highs — Reversal Risk Rising

admin

Ethereum price started a recovery wave above the $2,020 zone. ETH is now struggling to clear $2,080 and remains at risk of another decline in the near term. Ethereum started a recovery wave above the $2,020 zone. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There is a declining channel forming with support at $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,080 zone. Ethereum Price Faces Key Resistance Ethereum price…

Bitcoin Price Rally Fades, Market Braces for Possible Downside

admin

Bitcoin price failed to extend its recovery wave above the $70,500 zone. BTC is now consolidating and might decline again below $68,500. Bitcoin started a decent recovery wave above the $68,500 zone. The price is trading above $68,650 and the 100 hourly simple moving average. There is a key declining channel or a possible bullish flag forming with support at $68,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,400 and $68,000 levels. Bitcoin Price Faces…

Binance.US Hires Compliance Lawyer as New CEO

admin

Stephen Gregory, a former compliance executive at CEX.IO and Gemini, has taken over as CEO of Binance.US, a crypto exchange that was once a target of a long-running SEC lawsuit. Binance.US, the US affiliate of crypto exchange Binance, has named compliance lawyer Stephen Gregory as CEO as the company looks to re-expand in the country. The company said on Wednesday that Gregory took over from former CEO Norman Reed on March 9, who will now serve in an advisory role. Gregory is the former CEO of crypto exchange Currency.com and…

Clear Street and Marex Group May Soon Offer Prediction Markets to Clients

admin

US-based prime brokers, financial institutions that provide services to hedge funds, are reportedly working to give their clients access to Kalshi’s event bets, with prediction markets booming over the past year.  According to a report from Bloomberg on Wednesday, executives from both Clear Street and Marex Group Plc confirmed that their firms expect to open up access to Kalshi’s prediction markets in the near future. Clear Street, which is valued at over $12 billion, is expected to be the first of the two to make the jump, with CEO Ed…

Ghana Lets 11 Crypto Companies Participate in Sandbox

admin

Ghana’s securities regulator has given the nod to 11 crypto trading platforms to participate in its new regulatory sandbox program, its first major step in support of crypto after passing a law to provide the local market with regulatory clarity in December. Ghana’s Securities and Exchange Commission said on Tuesday that the 11 crypto platforms will operate under the country’s Virtual Asset Service Providers Act, adopted in December, which provides a regulatory sandbox framework for those companies to pilot their products and services in a controlled environment under the SEC’s…

SEC, CFTC Handshake on Memo to Regulate Markets in Harmony

admin

Two of the US’s most influential financial regulators have agreed to better coordinate oversight of the financial markets, seeking to put an end to decades of “regulatory turf wars” between them. According to the memorandum of understanding written on Wednesday, the US Securities and Exchange Commission and US Commodity Futures Trading Commission said it has become a “pivotal time” to regulate in harmony as new technologies, such as crypto, make it more challenging to monitor the markets: “New trading models, digital infrastructure, and onchain, automated systems increasingly blur traditional jurisdictional…

XRP Slingshot Setup Builds As Market Enters Potential Bottoming Phase

admin

My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…