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BTC Retraces as Short-Term Selling Pressure Continues: Was $50k a Local Top? (Bitcoin Price Analysis)

Bitcoin managed to daily close back above $48.1k, but met with selling pressure throughout the day, hitting an intraday low of $46.3k, according to Bitstamp. Short-term technicals have turned cautiously…

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Cardano Price Analysis: ADA Sharply Rejected from $3 ATH, Will Next Critical Support Hold?

ADA/USD – ADA Rejected From ATH Key Support Levels: $2.57 – $2.50, $2.35, $2.15. Key Resistance Levels: $2.80, $2.95, $3.07. ADA set a new ATH price above $3 on Monday,…

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Indian Regulator Set to Roll Out Blockchain System for Monitoring Financial Instruments

India’s securities and commodity market regulator, the Securities and Exchange Board of India (SEBI) has revealed intentions to increase the use cases of blockchain technology in monitoring financial instruments in…

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UK Billionaire Simon Nixon’s Family Office to Enter the Cryptocurrency Space: Report

Digital assets continue to grow and take substantial portions of the financial markets, said Seek Capital’s managing director – Adam Proctor. As such, the family office will increase its allocation…

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Correction Intact: Bitcoin Slumps Over $3K After the Rejection at $50K, Total Cap Retests $2T

The volatile nature of the cryptocurrency market stroke again, with bitcoin displaying several $2,000 moves in both directions. Nevertheless, BTC dropped below $47,000, and most of the altcoins have followed…

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Morgan Stanley Increases its Crypto Exposure With Large Investments in the Grayscale Bitcoin Trust

Despite the bearish rhetoric prevalent among crypto analysts until recently, Morgan Stanley, one of the largest banks in the United States, has been gaining exposure to Bitcoin by investing millions…

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FSC Chairman Nominee Does Not See Cryptocurrencies as Real Currency

Financial Services Commission (FSC) Chairman nominee Koh Seung-beom opined that digital assets would not work successfully as financial instruments. He went further, stating they “could not function as a real…

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