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Coinsbit Opens in India, but Was Now the Right Time?

There is a new cryptocurrency exchange heading to India. The company is called Coinsbit, and while this is not exactly a new trading firm – it has existed in Europe for years – the company is looking to expand into a region that is having a hard time making up its mind about cryptocurrency. Coinsbit Opens Its Doors in India The exchange this time around will be known as Coinsbit India, and all new users who decide to sign up and take part in the know your customer (KYC)...

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Raoul Pal: Bitcoin’s Volatility Isn’t Such a Bad Thing

Raoul Pal – a former hedge fund manager with Goldman Sachs – explained in a recent interview that bitcoin’s volatility should not scare investors off too much. Raoul Pal Is Positive Towards Volatility To an extent, we cannot help but agree somewhat. Everyone wants to make such a big deal out of the price swings that bitcoin and its crypto cousins have been prone to for so long. The fact is that without this volatility in the picture, bitcoin and digital currency...

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Bitcoin Spikes Following “Public Debut” of Coinbase

Today is April 14, the day that Coinbase is slated to hit the stock market. Everyone has been talking about this for some time, and the move is expected to bring the cryptocurrency market even deeper into mainstream territory. As a result of the exchange’s first trading week arriving so fast, the price of bitcoin has jumped beyond the $60,000 mark, and many think the asset is likely to go even higher as trading progresses. Coinbase Is Now Public, and Bitcoin Reacts...

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The Message Coinbase Embedded in Bitcoin’s Blockchain on Listing Day

Paying homage to Satoshi Nakamoto and his message embedded in the Bitcoin Genesis Block in 2009, Coinbase has done the same today. On the day they’re set to become a publicly traded company, the exchange asked a large Bitcoin mining pool to embed a note in the Bitcoin blockchain in regards to the latest stimulus bill.  When launching the Genesis Block of the first-ever cryptocurrency in January 2009, the anonymous creator(s) embedded the following message referring to the...

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Bitcoin Price Analysis: BTC Continues North, Is $70k in Sight?

The parabolic run of bitcoin does not stop. As we reach Coinbase listing day, the primary cryptocurrency climbed higher to set a new all-time high at $64,895, according to BItstamp. This happened earlier today. As of writing these lines, bitcoin retraced a bit. BTC managed to penetrate above $60,000 yesterday and closed the daily candle above the level for the first time since mid-March – the time of the previous ATH was set (~$61.8k). As mentioned above, and since setting...

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MakiSwap Raises $1.4M to Build AMM Platform on Huobi Eco Chain

[Press Release – St, John’s Antigua, Barbuda, 14th April, 2021] MakiSwap, the number one decentralized exchange on Huobi Eco Chain (Heco), has raised $1.4 million in seed and private funding to build the most robust and feature-rich automated market maker exchange and yield farming platform on Huobi Eco Chain. The oversubscribed round was led by Inclusion Capital, which incubated and supported MakiSwap in its development efforts. Other participants include Kenetic Capital, LD...

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Coinbase CEO Brian Armstrong Urges for Fair Crypto Regulations

Ahead of the long-anticipated public listing for his company, Coinbase’s CEO Brian Armstrong asserted that US regulators are wrong in believing cryptocurrencies are primarily used for illicit transactions. He added that the industry wants to be treated on the same playing field as traditional finance when it comes down to legislative frameworks. Armstrong on Crypto Misconceptions The belief that digital assets are mainly used for illegal transactions has been going on for...

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Cardano Price Analysis: ADA Sets New ATH Above $1.5

ADA/USD – Bulls Set New ATHs Above $1.50 Key Support Levels: $1.37, $1.20, $1.15.Key Resistance Levels: $1.56, $1.62, $1.69. Cardano saw a strong 17% price surge this week, allowing the cryptocurrency to finally break $1.50 and set a new ATH at $1.56. Before this price move, ADA struggled to close a daily candle above $1.37 (1.414 Fib Extension). It had reversed from $1.37 toward mid-March and dropped until support was found at an ascending trend line. In the first few days...

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Centurion Invest Launches Its Copy Trading System For CIEx Traders

[Press Release – Tallinn April 14, 2021] Centurion Invest CIEx , , a rapidly expanding New Generation All-In-One decentralized trading and exchange platform that introduced its trading wallet “CI Wallet” in March, is launching its copy trading system allowing its traders to copy trading activities from expert users. This system helps beginner and intermediate crypto traders copy the crypto deals in manual mode and profit from their copied deals. With limited market knowledge,...

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Ripple Price Skyrockets to Almost $2 as CoinShares Launched a Physically-Backed XRP ETP

After launching ETPs for Bitcoin, Ethereum, and Litecoin, Europe’s largest crypto investment firm, CoinShares, has continued expanding its portfolio with the addition of an XRP exchange-traded product. As with the previous similar initiatives, the XRP ETP will be listed on the regulated Six Swiss Exchange, and each unit will be backed by physical tokens. CoinShares Launches XRP ETP Despite the ongoing legal case in the US against the country’s securities regulator, Ripple’s...

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