Markets

ADA price seems to be forming a support base above the $0.30 level against the US Dollar. The price is now trading above $0.312 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.314 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.330 and $0.335 levels. Cardano price is showing positive signs above $0.300 against the US Dollar, similar to bitcoin. ADA price could gain bullish...

HashKey Digital Asset Group (“HashKey” or “HashKey Group”) and SEBA Bank AG (“SEBA Bank”) have today announced a new strategic partnership that will see both financial services groups leverage their digital asset service offerings as well as custody and asset management products to accelerate the institutional adoption of digital assets in Hong Kong and in Switzerland. The strategic partnership, formalised through a Memorandum of Understanding (MOU), will see HashKey become SEBA Bank’s...

Ethereum price is gaining pace above the $1,200 level against the US Dollar. ETH price is now trading above $1,220 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,240 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,300 resistance zone. Ethereum price is rising above the $1,200 level against the US Dollar. ETH/USD could rise further if it clears the $1,300 resistance zone. Ethereum...

Eric Robertsen – Global Head of Research at Standard Chartered – thinks bitcoin could tumble to $5,000 next year as more cryptocurrency firms might experience liquidity issues. He believes 2023 could be prosperous for gold, envisioning the yellow metal’s price to surge to $2,250 per ounce. Next Year’s Potential Trends As reported by CNBC, Robertson argued that 2023 could bring more pain for the cryptocurrency market, specifically bitcoin. He predicted the asset’s price could...

The partnership between SEBA Bank and Hashkey Group is forged to restore trust and allay fears from investors across the board.Swiss digital currency bank SEBA Bank has inked a strategic partnership with Hashkey Group to float new products and services that will drive institutional adoption of cryptocurrencies. As announced, both firms have signed a Memorandum of Understanding (MoU) to solidify the partnership with a drafted approach to maintain regulatory requirements in the jurisdictions...

Crypto exchange Coin Check is looking to follow in Coinbase’s footsteps and wants to be listed on the Nasdaq. The firm is aiming to complete a merge with a special acquisition company by July of next year so it can be listed on the stock exchange. Coin Check Wants to Be Like Coinbase Coinbase – the western world’s largest and most popular cryptocurrency exchange – started a trend in April 2021 that many new companies apparently want to copy. The company got itself listed on the Nasdaq,...

While China is seemingly encouraging the ownership of NFTs, NFT prices have been down in the wake of a wider market rout.A Chinese court in Hangzhou city has applied its property law to nonfungible token (NFT) collections. The court ruled that NFTs are like online virtual property and should be protected under Chinese law.While noting Chinese laws are not clear on the features of NFTs, the court moved to establish its legal attributes. According to the case report, “NFTs have the object...

GoTo is not the only Asian tech company to plummet in valuation after its public launch.In the most recent waves hitting global tech startups, Indonesia’s GoTo has lost about 70% of its valuation since its IPO in April. The startup company was one of the 11 companies that raised over $500 million from its maiden share sales. At the time, GoTo was Asia’s third-largest IPO startup, after generating approximately $1.1 billion. For about 10 consecutive sessions, the value of GoTo Group shares has...

Coinbase chief slammed crypto exchange FTX over their excuses for an accounting error. Brian Armstrong said that FTX clearly stole customers’ money by moving funds to Alameda Research.After all, what’s transpired in the crypto space with the collapse of crypto exchange FTX, industry heavyweights have weighed in with their opinion. Coinbase chief Brian Armstrong lashed out at FTX founder Sam Bankman-Fried for his handling of customer funds. As we know, SBF has been giving public interviews...

Stellar lumen price is showing bearish signs below the $0.090 resistance zone against the US Dollar. XLM price is now trading below $0.0900 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.090 and $0.092 resistance levels. Stellar lumen price is trading below $0.0920 against the US Dollar, similar to bitcoin. XLM price...