In this mornings bitcoin price watch piece we highlighted the levels that we would be watching during todays European session and suggested how we would respond to price reaching or breaking these levels as far as getting in according to our intraday strategy was concerned We pointed out in particular that we had seen some volatility throughout Thursday evenings European close and as we entered into the Asian session and suggested that we would love this volatility to continue and allow us to get in and out of the markets according to our breakout strategy if it did

New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed The order also permanently appoints the court receiver to obtain safeguard and return all assets invested and traded through the exchange

The Senate banking committee has been preparing a Report on digital currency and in service of which Andreas Antonopoulos along with many others have testified before a committee The conclusion reached by the committee seems to be a largely positive one saying explicitly that the benefits of this technology outweigh the challenges it introduces and recommending a light touch in the regulatory side