South Korea Lifts Corporate Crypto Investment Ban, Allows 5% Capital Allocation
- Regulatory Policy Shift: The Financial Services Commission of South Korea has lifted the corporate crypto investment ban imposed in 2017, allowing listed companies to allocate up to 5% of their capital to the top 20 cryptocurrencies, thereby opening new investment opportunities and enhancing market activity.
- Market Potential Unleashed: Approximately 3,500 companies and investors can now channel trillions of won into the crypto market, which could significantly boost the local crypto industry and reverse the capital outflows caused by the previous ban.
- Innovation Catalyst: This policy adjustment is seen as a strategic move for South Korea to reposition itself in the global crypto economy, potentially fostering further advancements in blockchain technology and enhancing innovation in digital asset management and financial services.
- Market Confidence Restoration: Following an estimated capital outflow of $110 billion in 2025, the new investment policy is expected to restore market confidence, promote cryptocurrency adoption in South Korea, and support the growth of local exchanges.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00938 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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