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Adam Forsyth

Rebound Ahead or Will ETH Breakdown Toward $2K?

Ethereum is trading near $2.5K after a sharp correction from the $2.7K resistance area, with the latest price action putting a key support zone under pressure. While ETH remains above its daily 100-day and 200-day moving averages, weakening momentum and a recent rebound in the exchange supply ratio suggest that traders should watch for further…

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Bitcoin Hasn’t Fully Recovered Yet

Over $19 billion was wiped out a year ago and BTC is still facing the consequences. October has a very solid reputation in the cryptocurrency markets as “Uptober” – a green month that has historically led to major gains. Last year’s edition was quite historic. On the one hand, BTC skyrocketed to its latest…

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China plans national blockchain network in digital push

China has called for a national blockchain network and an integrated computing power network in a policy document covering 19 measures to develop technology-led industries and connect the digital economy with real-world production. Summary China’s new policy calls for national blockchain and computing networks alongside changes to data ownership rules. The document proposes data-market trials,…

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Hong Kong warns unlicensed payment platforms of enforcement

Hong Kong has warned that payment platforms operating without required licenses face enforcement action, after its monetary authority received 16 complaints about suspected unlicensed stored value services between January 2024 and September 2026. Summary HKMA received 16 complaints about suspected unlicensed stored value services, with one case substantiated. Hong Kong law prohibits unlicensed stored value…

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