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Vine Coin (VINE) has been making waves in the cryptocurrency market, defying the broader bearish trend and showing explosive bullish momentum. While Bitcoin and most altcoins face significant declines, VINE is on an impressive uptrend, outshining the overall market performance. The cryptocurrency has gained 31.40% in the last 24 hours, reflecting a surge in demand […]
The 120-page motion came from a creditor who asked for the appointment of a chapter 11 trustee citing alleged fraud and incompetence at Voyager.
Twitter's new owner says they'll be throwing a heap of new ideas at the platform over the coming months.
JPMorgan (NYSE: JPM) has hired Aaron Iovine, a former regulatory affairs executive at bankrupt crypto lender Celsius (CEL/USD), only a few weeks after he left the embattled crypto company.
Reuters reported the development, citing the new JPMorgan Chase $ Co employee’s LinkedIn profile.
Ex-Celsius exec joins JPMorganIovine worked at Celsius for eight months, joining the crypto lender in February 2022 before leaving this September. Celsius paused customer withdrawals in June, a few weeks after Terra Luna and TerraUSD collapsed to suck in Three Arrows Capital and others.
The crypto lender then filed for bankruptcy in July, these developments coming after the broader crypto market crash and the following contagion.
At Celsius, Iovine headed the lender’s policy and regulatory affairs division. Now at JPMorgan, he is reportedly taking up the position of Executive Director of Digital Assets Regulatory Policy.
A spokesperson at the US investment bank confirmed the move, but did not go into specific details about the hire, according to Reuters.
While Iovine is joining JPMorgan only weeks after leaving Celsius, his appointment at JPMorgan also comes days after the bank’s CEO Jamie Dimon blasted cryptocurrencies as “decentralised Ponzi schemes.”However, as Invezz reported in September, Dimon’s scepticism does not extend to blockchain, smart contracts and decentralised finance (DeFi) – with the banker telling US Congress that these sectors of the broader blockchain technology market have value.
The post JPMorgan hires former Celsius exec Aaron Iovine appeared first on Invezz.
Newly hired Aaron Iovine will help build out JPMorgan’s regulatory team (Read More)
PEPE price is facing renewed bearish pressure as it struggles to break above the critical $0.00001152 resistance level. The recent failure to push higher has left the token consolidating, hinting at a possible downward move if buyers fail to regain control. With market sentiment tilting in favor of the bears, traders are bracing for what could be another wave of selling. If bulls cannot generate enough momentum, PEPE may slip further, testing lower support zones in the coming sessions. The battle between buyers and sellers at this level will be crucial in determining the tokens next major move. PEPE Consolidation Near Resistance: A Breakdown Or Rebound? Pepe’s price action remains trapped in a consolidation phase just below a crucial resistance level, indicating market indecision. Its recent failed breakout attempt highlights the strength of sellers in this zone, preventing bullish momentum from taking over. As the price struggles to push higher, the risk of a potential breakdown increases, especially if bearish pressure intensifies. Related Reading: PEPE Recovery Hits A Wall: Can Bulls Smash Through $0.00001313? The price continues to trade below the 4-hour Simple Moving Average (SMA), reflecting that the meme coin is still under negative pressure. This price action suggests that the market sentiment remains tilted toward the downside, as the failure to break above the SMA highlights a lack of buying strength. Furthermore, the Relative Strength Index (RSI) is trending below the 50% threshold, further supporting the bearish outlook. Usually, the RSI’s position below this key level indicates that the selling pressure is currently stronger than the buying, with the market leaning more toward the downside. Further downward movement remains high until the price can break through the 4-hour SMA and the RSI sustains a move below the 50% key level. Crucial Support Zones In Focus As Selling Pressure Rises With selling pressure mounting in the market, $0.00000766 is the initial support level to watch. Historically, this level has proven to be a critical price point, acting as a psychological and technical barrier. If the price can maintain above this level, it could signal that buyers are still holding the line, offering a potential for stabilization or even a rebound. Related Reading: PEPE Marks Bottom After Scary Market Crash, Enters Wave 3 With Over 500% Promise Should selling pressure persist, the $0.00000589 mark will be the next key area to watch. This support level represents a deeper point of defense for PEPE, and its ability to hold might be crucial for preventing a more significant downturn. A drop below $0.00000589 would be concerning, as it can expose the price to a possible extension of the bearish trend, causing traders to reevaluate their positions. However, if the price remains above the $0.00000766 level, it may pave the way for a surge toward the $0.00001152 resistance level as buyers remain in control. A break above this level points to further gains, with the price targeting $0.00001313 and moving above the 100-day SMA. Featured image from Adobe Stock, chart from Tradingview.com
The DOJ disagrees with the legal protections given to those involved in the Voyager-Binance.US sale saying the court “improperly” exceeded its authority.
In this Vine Coin (VINE) price prediction for 2025, 2026-2030, we will analyze the price patterns of VINE by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION Vine Coin (VINE) Current Market Status What is Vine Coin (VINE)? Vine Coin
Vine Coin (VINE) has captured the spotlight in the cryptocurrency market, experiencing an impressive surge that has left traders and investors excited about its future potential. Over the past 24 hours, VINE has seen a remarkable 112% increase in value, positioning it as one of the top trending coins in the market and drawing significant […]
BitMEX announces the listing of VINEUSDT perpetual swaps on Jan 24, 2025, offering traders the opportunity to leverage up to 50x. (Read More)
BitMEX introduces VINEUSDT perpetual swap, allowing traders to leverage up to 50x. The new listing is available for trading as of January 24, 2025. (Read More)
Bitget, a leading crypto derivatives and copy trading platform, has announced a one-year partnership with American actor and comedian Adam Devine. The collaboration is part of Bitget's #SetForChange campaign, which aims to boost awareness of Web3 and cryptocurrency. (Read More)
American actor and comedian Adam DeVine has appeared in a new paid advertisement created by crypto exchange Bitget. “Now it’s time to make our wildest dreams come true. Trade crypto from the comfort of your race car bed at 2:00 am. I don’t give a care. Business hours? Thing of the past,” says DeVine in [...]
The post Actor Adam DeVine appears in new Bitget exchange ad appeared first on Crypto Breaking News.
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