Markets

[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...

While being applauded by many, the listing of Coinbase has been described as a “watershed event” for the global cryptocurrency industry by Wedbush Securities analyst Dan Ives.Coinbase shares may not be readily available for trading right after the United States stock market opens by 9:30 am ET. As peculiar with companies who went public through direct listing as Coinbase is considering, agreeing on the reference point for trading to kickstart between the sellers and the buyers usually takes...

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...

The ongoing cryptocurrency bull market has significantly been attributed to different aspects including global Bitcoin adoption by institutional investors. Bitcoin (BTC) price rallied to a new ATH of $64,000 on Wednesday after a strong breakout on Tuesday. The mother coin is now in a price discovery zone where the next resistance level will be determined by the ‘fuel’ accumulated in the past few weeks.Bitcoin pump had slowed down at the time of reporting, whereby the asset was trading...

Terra Virtua and Casper Network will also be exploring the rapidly evolving NFT market. This partnership will set a new milestone in the mainstream adoption of blockchain technology.Blockchain-based authentication of physical virtual assets has seen a rising demand in recent times. The key features of blockchain technology like transparency and security bring authenticity to real-world assets. In one such development, Terra Virtua, an immersive entertainment-focused collectibles platform and...

[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,...

As Coinbase investors are celebrating the market debut of the trading platform, it is pertinent to beware of the stiff competition that will be wielded by other trading platforms plying their trade in the USThe realization that the Coinbase cryptocurrency exchange is making its public debut today has sent a shockwave to the financial world. The firm will be the first major digital currency trading platform to go public in the United States, reaffirming how far the entire cryptocurrency...

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...

While the announcement negatively impacted JNJ shares, the overall outlook in tech stocks was bullish. The United States stock market remains largely unmoved after the Food and Drug Administration (FDA) said it is recommending a halt in the rollout of the COVID-19 vaccine from Johnson & Johnson (NYSE: JNJ). The Nasdaq Composite showed the biggest gains on Tuesday rising 146.10 points atop a 1.05% surge to 13,996.10. The S&P 500 Index also advanced 0.33% to 4,141.59 while the Dow...

With the crypto and perhaps the entire financial world focused on Coinbase’s direct listing scheduled to occur today, Binance announced it will list the stock token after the Nasdaq public listing is complete. Binance to List COIN/BUSD CryptoPotato reported the latest initiative from the world’s leading crypto exchange Binance in which the company introduced zero commission tradable stock tokens. The so-called Binance Stock Tokens enable holders to qualify for economic...