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Koinex Exchange Shuts Down Ahead of Crypto Regulation


Another Indian crypto exchange has shut down permanently due to the banking restriction and regulatory delays. The exchange cites denials in payment services and a sharp decline in trading volume resulting from the recent news of a draft bill to ban cryptocurrencies. Also read: Indian...

Bitcoin and Altcoins Decline Sharply but Holding Uptrend


Recently, bitcoin price broke the USD 9,000 resistance, but there was a sharp rejection above USD 9,000. As a result, BTC/USD started a major decline and traded below the USD 8,550 and USD 8,450 support levels. The price traded close to the USD 8,000 handle and it is currently (08:10 UTC)...

Bitcoin and Altcoins Decline Sharply


After tagging the USD 8,350 level, bitcoin price started a downside correction. BTC/USD broke the key USD 7,680 support level and declined heavily. The price is down around 10% and it recently tested the USD 7,000 support area. Similarly, there were sharp downsides in most altcoins such...

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