So after several hits the main cryptocurrencies are back on the saddle and moving up higher. Last week saw some solid gains for almost all the major ones amid more news from Asia.
South Korea followed suit and banned ICOs, just like China before that. The move is seen as an important indicator of things to come, as the country is home to several large volume exchanges.
At the same time Japan licensed several companies and they can now operate digital currency exchanges legally. A mixed bag of news from the far east but right now that’s where most of the action is and the volumes and increased interest seem to be coming from there.
Turning to more tangible things, David looks at the run for Bitcoin that started on the 24th of September, which hasn’t stopped. He discusses its next key levels, as well as those for Ethereum, Litecoin and Ripple.