Hong Kong SFC Chief Highlights Crypto Trading’s Importance in Virtual Asset Ecosystem

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The CEO of Hong Kong’s Securities and Futures Commission (SFC), Julia Leung Fung-yee, emphasized the significance of cryptocurrency trading within the virtual asset ecosystem. In a recent speech, Leung expressed the city-state’s recognition of the value of crypto trading and its openness to applying related technologies to financial services. Hong Kong’s adoption of Web3 regulation […]

Bitcoin Price Analysis: Testing Key Resistance at $26,200, Recovery Expected

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Bitcoin’s price has shown resilience, finding support above the $25,500 level and indicating a potential rebound. The cryptocurrency exhibits a gradual uptick, surpassing the $25,800 mark and forming a significant rising channel on the hourly chart of BTC/USD. Trading above $26,000 and the 100 hourly Simple Moving Average, Bitcoin faces resistance near $26,150. A breakthrough […]

Survey Reveals That 46% of Millennials in Major Economies Own Cryptocurrencies

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Millennial Dominance in Cryptocurrency Ownership According to a recent survey conducted by Bitget, 46% of millennials in six major countries own cryptocurrencies, compared to 25% of Gen X, 21% of Gen Z, and just 8% of baby boomers. The study was conducted between July 2022 and January 2023 and included around 255,000 adult respondents from […]

Bitcoin Bulls Reveal Their Hands as BTC Price Aims to Retest $30,000

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According to a recent article on FXStreet.com, Bitcoin’s price is showing an optimistic start to the week with a potentially quick recovery rally in the works. The four-hour chart shows an exaggerated bullish divergence, indicating that BTC could make a bullish move that propels it to $29,726. However, if the price experiences a four-hour candlestick […]