BREAKING
44d 0h ago

AI16Z Placed Under Trading Alert by Korea’s DAXA; Bithumb Suspends Deposits Ahead of January Decision

Loading market data...
AI16Z
AI16Z
Daily

$0.0569

-1.69%

Volume (24h): -

Resistance Levels
Resistance 3$0.0749
Resistance 2$0.0660
Resistance 1$0.0573
Price$0.0569
Support 1$0.0517
Support 2$0.0420
Support 3$0.0277
Pivot (PP):$0.05736
Trend:Downtrend
RSI (14):44.3

The Korean exchange regulator group DAXA has flagged AI16Z as a trading alert on the Bithumb list after citing concerns over untimely, opaque, and insufficiently reasoned disclosures that could affect the token’s value. As a result, AI16Z deposits are suspended, and market participants should monitor liquidity conditions while the designation remains in force.

Officials say the move signals regulatory scrutiny rather than a verdict on fundamentals, with the joint body reviewing whether to extend the alert, lift it, or terminate trading support. The official decision is anticipated in the second week of January, after which Bithumb and DAXA will issue further guidance. Investors are advised to rely on primary communications from Bithumb and the regulator, and to reassess exposure risk accordingly.

Share News:
Don't Miss Breaking News