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    Bitcoin Drifts Lower; At Risk of Testing $40K Support

    Bitcoin Drifts Lower; At Risk of Testing $40K Support

    Bitcoin (BTC) remains under pressure as buyers failed to break above $50,000 over the past week. The cryptocurrency is down about 6% over the past 24 hours and was trading around $47,300 at the time of publication.Immediate support is seen at the 200-day moving...
    Crypto Fund Inflows Slow to $88M as Market Retreats

    Crypto Fund Inflows Slow to $88M as Market Retreats

    Digital asset investment products saw inflows drop 52% last week to $88 million, as crypto markets saw a downturn.The inflows into crypto funds during the week ended Dec. 10 compared with $184 million the prior week, according to a report Monday by CoinShares.Funds...
    Bank of Russia Bars Mutual Funds From Investing in Crypto

    Bank of Russia Bars Mutual Funds From Investing in Crypto

    The Bank of Russia, the country’s chief financial regulator, issued new rules for the country’s mutual funds in a new directive published Monday.Such funds cannot invest in digital currencies, nor in “financial instruments, the value of which depends on the prices of...
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