Pair slides below 1.0300, indicators lose steam

EUR/USD declines by 0.48% on Wednesday, settling near 1.0295 after failing to break above the 20-day SMA. RSI falls sharply to 39 in negative territory, revealing intensified selling pressure. MACD histogram prints decreasing green bars, suggesting waning bullish momentum and a renewed downside tilt. EUR/USD struggled on Wednesday, shedding 0.48% to trade around 1.0295. This … Read more

Bitcoin Technical Analysis: Bulls Face an Uphill Battle as Resistance Looms at $98,000

Bitcoin is trading at $94,790 to $95,277 over the two hours with a market cap of $1.88 trillion, 24-hour volume of $67.64 billion, and a 24-hour intraday range between $94,511 and $98,202. Bitcoin Bitcoin‘s hourly chart indicates a recent steep decline from $102,017, with support forming near $94,500, suggesting a period of potential accumulation. Resistance … Read more

South Korea’s crypto market poised for change with new institutional guidelines

South Korea is reportedly preparing to relax its restrictions on crypto trading for institutional investors, signaling a significant shift in the country’s approach to digital asset regulation. Local media outlet Yonhap reported on Jan. 8 that the country’s Financial Services Commission (FSC) will introduce phased regulatory changes to enable institutions to participate in crypto trading. … Read more

Portugal’s Major Bank Blocks Fiat Payments To Crypto Platforms

Portugal’s Banco de Investimentos Globais (BiG) has blocked fiat transfers to crypto platforms.  BiG has cited ECB guidance about “risks associated to virtual assets.” The decision has raised concerns among crypto enthusiasts and businesses. With these developments, can Portugal still be considered a crypto haven?  Explore: Portugal Could Become Home To This Bull Runs Biggest … Read more