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Coinbase Hired Wall Street Traders to Test Proprietary Trading (Report)

The California-based cryptocurrency exchange – Coinbase – reportedly appointed at least four Wall Street traders and established a group to use the company’s own funds to trade cryptocurrencies. Undisclosed members of the platform described the activity as “proprietary” trading. On another note, the company received regulatory approval from the Dutch Central Bank to start providing its products and services on the domestic market. The $100 Million Test Transaction According...

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Edith Yeung: Crypto Is Not in a Terrible Place

The crypto space is enduring a lot of problems as of late, but according to one analyst – Edith Yeung, a general partner at Race Capital – things aren’t as bad as they seem, and we’re not yet in a crypto winter. Edith Yeung Is Confident in Crypto In a recent interview, Yeung explained: In some sense, the ‘warm winter’ is basically going to push out everybody who really [wants to be] there for short-term gain. The price of bitcoin has gone through one of its most...

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ADA Recovers 5% on Vasil Hard Fork Day, Is $0.5 Next? (Cardano Price Analysis)

ADA managed to stop the downtrend, and the bulls pushed the price higher on the day that the protocol will see its Vasil upgrade go live. Key Support levels: $0.43, $0.38    Key Resistance levels: $0.50, $0.56  Buyers came in strong today and managed to turn the price action around above the key support at $0.43. If this bullish momentum continues, then ADA could increase towards $0.5, which is the current resistance. This would also be a sign that the downtrend is...

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Oraichain Labs US Launches With Asset Tokenization Platform Aiming to Broaden Access to Capital Markets

[PRESS RELEASE – New Jersey, USA, 21st September 2022] Oraichain Labs US (OLUS), a new FinTech startup founded in the United States, is launching with the goal of modernizing and broadening access to capital markets by establishing itself as a leader in asset fractionalization. OLUS will develop a secure, scalable, and compliance-focused infrastructure, with the goal of leveraging the transformative power of decentralized ledger technology to streamline the process for both...

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Gate Io Offers Zero-Fee Trading on Spot and Contract Markets

[PRESS RELEASE – Majuro, Marshall Islands, 21st September 2022] What’s better than low fees? No fees. Gate.io is excited to announce ZERO trading fees on most spot and contract market trading pairs. The no-fee structure was launched in two phases, first on September 16 (UTC) and then on September 20 (UTC), for spot and other markets, respectively. After a breakthrough year for the exchange, this radical change in fees is an ambitious move to give back to the crypto community....

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International summit “MetaVentures Bangkok” to be held on Dec. 14–15

A unique event “MetaVentures Bangkok” will be held on December 14-15 in Bangkok. The organizers are venture capital fund “MetaVentures”. The “MetaVentures” brand is reorganized into a venture capital fund focused on digital projects related to Metaverse, NFT, Digital Art and other promising areas of the cryptocurrency industry. “MetaVentures Bangkok” will be a vivid event due to the global experience of the organizers and unification industry leaders in the areas of NFT,...

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Cryptomarkt verliert zwei Drittel seiner Marktkapitalisierung

Im November 2021 hatte der Markt fast die Marke von drei Billionen erreicht. Seitdem ging es jedoch steil bergab. In den letzten Tagen ging es sogar unter eine Billionen US-Dollar, so dass der Markt in weniger als einem Jahr zwei Drittel seines Gesamtwertes verloren hat. Crypto News: Cryptomarkt verliert zwei Drittel seiner MarktkapitalisierungFür Bitcoin ging es im selben Zeitraum sogar etwas mehr als zwei Drittel nach unten. Dies zeigt wieder einmal, dass Bitcoin King ist und den Markt...

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EOS Price Analysis: Bears Active Below $1.3

EOS price started a fresh decline from the $1.50 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.255 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.155 and $1.150 support levels. EOS price is declining below $1.30 against the US Dollar, similar to bitcoin....

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Litecoin (LTC) Price Analysis: Bulls Struggle To Protect $50

Litecoin started a fresh decline from well above the $58 zone against the US Dollar. LTC price is now trading below $55 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $53.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent upward move if it clears the $54 and $55 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC price...

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Hong Kong’s C Capital to Raise $500 Million to Invest in Cryptocurrencies: Report

C Capital – a company established by Hong Kong billionaire Adrian Cheng – reportedly intends to raise $500 million to invest in digital currencies, credit, and private equity over the next year and a half. The firm thinks the cryptocurrency market has already bottomed, meaning that delving into it now is the perfect timing. ‘When People Are on Defense, We’re on the Offense’ According to a September 21 coverage by Bloomberg, C Capital plans to introduce a $200 million...

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