SEC Secures $4.7 Billion From Crypto Enforcement This Year, A 3,018% Surge Driven By Terraform Labs Settlement
SEC Enforcement Actions Surge: The SEC has achieved $4.7 billion in crypto-related enforcement actions in 2024, a 3,018% increase from the previous year, largely due to a record settlement with Terraform Labs and its CEO, Do Kwon.
Shift in Enforcement Strategy: Despite the significant increase in total fines, the SEC initiated only 11 enforcement actions this year, indicating a strategic shift towards fewer but larger fines aimed at setting industry precedents.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BLUE
Technical Sentiment Analysis for Bluefin (BLUE) As of , Bluefin (BLUE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BLUE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BLUE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bluefin (BLUE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00759 | 0.0128 | 0.0173 | 0.0226 | 0.0271 | 0.0323 | 0.0369 |
| Fibonacci | 0.0128 | 0.0165 | 0.0188 | 0.0226 | 0.0263 | 0.0286 | 0.0323 |
About BLUE
About the author
