Markets

Coinbase’s vice presidents for international business and international policy are clearly dissatisfied with the regulatory situation in the United States. Coinbase is strategically expanding its cryptocurrency exchange services globally, with a particular emphasis on markets with clear regulatory frameworks. In its short-term expansion strategy, Coinbase is prioritizing countries outside the United States based on their well-defined cryptocurrency regulations. Notable countries in this...

ZAN is powered by technical innovations from AntChain Open Labs. Chinese fintech giant Ant Group, the creator of the world’s biggest payment platform Alipay, is expanding its foothold into the crypto industry with the launch of ZAN, a blockchain service platform aimed at both Hong Kong and global markets to simplify the complexities of blockchain technology. In a press release published on September 8, the company’s CEO Zhang Hui announced the launch of ZAN during a conference in Shanghai,...

Bitcoin cash is attempting a recovery wave from the $188 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $192 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $200 and $210 to start a steady upward movement in the near term. Bitcoin cash price is rising from $188 against the US Dollar,...

Chainlink has forged several collaborations with prominent companies but on the price side of things, its native token has yet to recoup its losses. Over the past month, LINK was down by approximately 14%. Surging past the crucial resistance level at $6 was a feat given a broad bearish market for altcoins this week, but the token could potentially be poised for more gains. According to Santiment, the “shark” tier of LINK investors has been amassing coins. As a result, the...

Ripple’s price has been gradually declining over the past few days, and the situation does not look promising for XRP at the moment. Technical Analysis By Edris The USDT Paired Chart On the USDT-paired chart, the price has been struggling to rebound after the recent drop from the $0.9 resistance level. The 200-day moving average, located around the $0.5 mark, is also failing to hold the market, as the price has been closing below it in recent days. Considering the current...

September 7, 2023 –– Zeebu, the innovative blockchain-based settlement platform for the telecom carrier industry, has successfully raised $25 million in a presale funding round, surpassing its hard cap target of $15 million. The round saw participation from several strategic investors, including Bankai Ventures. The market’s enthusiasm for Zeebu’s groundbreaking on-chain invoice settlement platform and loyalty token, which aims to revolutionize the telecom carrier...

The Taiwanese government is planning to release guiding principles by the month end, in order to boost information disclosure for crypto exchanges. Taiwan is preparing to introduce some sweeping regulatory changes while restricting offshore exchanges from operating in the country without any proper compliance in place. The Financial Supervisory Commission (FSC) of Taiwan has formulated ten guiding principles for virtual asset service providers to establish their own self-regulatory...

The private markets investment model is geared toward very large, patient investors willing to lock up their money for a period of years before they see any distributions. So, it’s no surprise that liquidity is one of the biggest challenges. For many assets you have to apply a buy, and hold strategy and can only sell after a period of 5 to 10 years. This is why private investors investing in such private markets really want to understand the exit...

EOS price started a fresh decline below the $0.600 zone against the US Dollar. The price is now trading below $0.595 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5850 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.600 and $0.6150 resistance levels. EOS price is struggling below $0.600 against the US Dollar, unlike...

Litecoin is showing bearish signs and trading below $66 against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $63.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $66 resistance zone. Litecoin price is struggling below $66 against the US Dollar, similar to Bitcoin. LTC price...