Tag: Crypto

Bitcoin RWA tokenization faces sweeping China ban

China labels RWA tokenization illegal, targeting onshore and Hong Kong Web3 service chains. Seven major Chinese financial industry associations jointly declared real-world asset (RWA) tokenization an illegal financial activity, according to a local report in China. The China Internet Finance…...
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Bitcoin Rallies On Venezuela Oil Story: Here’s What’s Wrong

Bitcoin’s roughly 5% jump on Jan. 5 landed on a clean, TV-friendly explanation: a shock political turn in Venezuela would “unlock” oil supply, push energy prices down, cool inflation, bring rate cuts forward, and lift BTC. Bitwise Head of Research Ryan Rasmussen says there’s a major flaw with that....
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Bitcoin Shows Bullish Signals Despite ‘Fragile Consolidation Phase’ – Glassnode

Crypto market momentum conditions have begun to recover, with RSI [relative strength index] rebounding into the upper-neutral zone, “signalling a renewed build-up in upside momentum,” reported on-chain analytics platform Glassnode on Monday. More Bitcoin supply is returning to profit, with declining loss-taking, and realized loss-taking pressure has declined sharply,...
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