Bitcoin opening the week with new vigour – climbs to $52K

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Bitcoin moves toward support targets

Trend line. Retracement level approached Theprice bitcoin is currently trading down around $1300 or -2.94% of $43,500. The low price reached $42,535.16. Themove to the downside has taken the price closer to a lowerchannel trendline which cuts across at $42,389.Yesterday the price did dipped below that trendline level, but...

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China Securities Journal (opinion piece) calls for tighter regulation of cryptocurrency trading

A commentary piece in China’s official securities media in addition to frequent price spikes and drops, criminal activities surrounding cryptocurrencies have been coming to light, prompting further scrutiny of their regulation. “In fact, there is a broader consensus to strengthen the regulation of cryptocurrency trading. The recent ‘blocking’ of...

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