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Keep an Eye on Bitcoin Price on Asian Exchanges - Analysts


As the OTC (over-the-counter) crypto trading in China has been on the rise, analysts advise people to look more into bitcoin price formation on Asian exchanges. Meanwhile, tether (USDT) , the most popular stablecoin, reportedly dominates bitcoin spot trading in this major market. There has been...

Bitcoin Price Stuck In Range, Altcoins Holding Key Supports


In the past few hours (08:00 UTC), there were mostly range moves in bitcoin price above the USD 8,200 support area. On the upside, BTC/USD seems to be facing a strong resistance near USD 8,350 and USD 8,400. Therefore, the next move could be either a sharp increase above USD 8,400 or a downside...

Indian Supreme Court Postpones Crypto Case to November


The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...

Diversified Crypto Fund Receives FINRA Regulatory Approval


Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which...

The Fed Plans to Inject $60 Billion per Month Into the Economy


On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...

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