cryptocurrencies

India's HDFC Bank Calls Bitcoin a Fad as Exchanges Mull Legal Fight Over Restrictions

HDFC noted a link between bitcoin prices and searches on Google.

By Omkar GodboleMay 28, 2021

BTC is down about 37% month to date and has experienced a series of sharp drawdowns similar to 2017 which preceded a bear market.

Carole House, the National Security Council’s director of cybersecurity, said crypto developers failed to hardcode necessary guardrails.

By Danny NelsonMay 27, 2021

BTC is down about 3% over the past seven days as the price recovery from $30,000 stalls.

Security tokens could take off in Europe, potentially surpassing market volume for cryptos by 2026.

BTC could see limited upside as the corrective phase weakens and buyers return.

Stocks such as RIOT and COIN offer investors crypto exposure without owning BTC directly, according to a panel at Consensus 2021.

A decisive break above $40,000 is needed to resume the uptrend.

Investors exited digital asset funds amid the crypto sell-off, and have diversified into altcoin products.

BTC re-tested minor support around $30,000 over the weekend, but stronger support is seen around $27,000.

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