BTC’s march toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position.

“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase.

Despite July 20's pullback, the market structure of BTC and most altcoins is still showing early signs of a trend reversal.

Elon Musk's electric vehicle maker has offloaded most of its BTC reserves, according to financial statements released on Wednesday.

Crypto regulation came through as expected in the Financial Services and Markets Bill in spite of changes in government personnel and the collapse of the crypto market.

A consulting firm predicted that the NFT market could be worth $231 billion in 2030, noting that the market will grow at a rate of over 33.7% in the years to come.

The crypto market rally continues, but analysts are on the fence about whether BTC and ETH will slip back into range or push closer to higher-timeframe resistance levels.

Both the major crypto exchange and its U.S. arm closed on separate $400 million funding rounds in January.

0x Labs developer advocate believes the current crypto winter provides a chance for "rationalization" and "validates" underlying blockchain systems.

The Seoul Southern District Prosecutors Office reportedly raided the offices of crypto exchanges Upbit, Bithumb, Coinone, Korbit and Copax, among others on Wednesday.