Markets

The leading cryptocurrency exchange – Coinbase – has reportedly disabled new customer sign-ups on its platform in India. However, the company remains committed to the Asian country despite the recent rumors that it might pull out of the local market. No More Sign-ups According to a TechCrunch report, Coinbase has prohibited new sign-ups in India in June this year. A spokesperson of the firm shed more detail: “We stopped allowing new user sign-ups on our exchange product in...

In recent crypto developments, two tokens, Shiba Inu (SHIB) and Toncoin (TON), show signs of a bullish run. Additionally, Tradecurve, a rising star in the trading market, is going bullish and rebranding to Tradecurve Markets (TCRV). This article will dive into these exciting updates and what they could mean for their futures. >Visit The Tradecurve Markets Presale<< Shiba Inu (SHIB): On an Upswing Shiba Inu (SHIB) has been a crypto sensation, often called the...

In a recent interview with Yahoo Finance, Coinbase CEO Brian Armstrong shared insights into the company’s plans and its interest in flatcoins. Armstrong also shared more details on the future of cryptocurrency and the necessary next steps amid growing regulatory scrutiny. Armstrong Discusses Coinbase’s Future Plans Coinbase’s exec talked about ‘flatcoins’ in the interview, which is an emerging concept that has yet to gain much traction in mainstream crypto discussions....

Bitcoin slid to $25,000 on Monday, after a period of flat trading over the weekend at roughly $25,800. Other digital assets followed suit, with XRP down 6% on the day to just $0.47. The drop marks Bitcoin’s lowest price level since mid-June when the asset reeled from back-to-back U.S. government lawsuits against two of the world’s largest crypto exchanges, Coinbase and Binance. The asset rallied when BlackRock filed for a Bitcoin spot ETF days later, and again when Grayscale...

Satoshi Nakamoto is the pseudonymous creator of bitcoin, the world’s number one digital currency by market cap. Everyone in the crypto community has admiration for this man (or woman). They see him (or her) as the revolutionary creator of an asset that could change the way the world does finance, but according to Brad Sherman – a congressional democrat from California – Nakamoto is a fraud and not very innovative. Brad Sherman Isn’t a Crypto Fan In a recent...

As a publicly traded company, Instacart will need to navigate fierce competitions. Instacart, the popular on-demand grocery delivery and pickup service has submitted an updated filing for its upcoming Initial Public Offering (IPO), revealing its ambition to raise up to $616 million in fresh capital alongside existing shareholders. Instacart IPO: Pricing Strategy In its updated filing, Instacart disclosed its intention to set an offer price for its IPO within the range of $26 to $28 per...

As part of the security token issuance (STO), Taiji Capital will raise a total of $100 million HK by selling the PRINCE tokens. This will significantly reduce the financing costs marking a major shift in real-estate investment.  In the latest development, the Taiji Capital Group is looking for a revolutionary transformation in Hong Kong’s real estate market through security token issuance (STO). Taiji Capital unveils a closed-ended fund managed by its subsidiary firm Pioneer Asset...

In an official statement on Sunday, Alibaba said that Zhang will be replaced by Eddie Wu. Alibaba Group Holding Ltd (HKG: 9988), one of the prominent players in the Chinese technology industry, faced a 3.5% decline in its stock value on Monday following a surprising turn of events on September 10. The company announced that its departing CEO, Daniel Zhang, would not only relinquish his role as chairman of the group as planned but also step down as CEO of Alibaba’s cloud business. Following...

Going by the new estimates, Morgan Stanley expects that Tesla’s market capitalization will surge by at least $600 billion over the next 12 to 18 months. A recent Reuters report has tipped Tesla Inc (NASDAQ: TSLA), the electric vehicle (EV) maker, as poised to see a major boost in its market capitalization. This follows after Morgan Stanley analysts published a note about Tesla’s Dojo on Sunday. Addressing investors in the note, the team of analysts, led by Adam Jonas, shared how the...

Stellar lumen price is rising toward the $0.150 resistance zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1320 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.135 and $0.142 resistance levels. Stellar lumen price is trading above $0.130 against the US Dollar, similar to bitcoin. XLM...