EDX Markets, a prominent institutional crypto exchange, made a splash on June 20, 2023, with its announcement of a partnership with Anchorage Digital. Anchorage Digital, a regulated crypto platform known for its financial services and infrastructure solutions, will serve as the custody provider for EDX’s new clearinghouse division, EDX Clearing. This partnership marks a significant
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The altcoin markets have been experiencing significant downturns, and ApeCoin (APE) is no exception. ApeCoin recently faced a tumultuous rejection from trendline resistance, causing its value to fall below the 20-day moving average (20DMA) by 10%. This drop has left Bored Ape Yacht Club (BAYC) bagholders worrying about whether ApeCoin is heading towards zero. Adding
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In a recent announcement, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, revealed that it will cease its operations on August 16. This decision came as a result of the provider closing the supporting card payments service. The move aligns with Binance’s strategic initiatives aimed at focusing on its fundamental business activities.
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Bitcoin, the most valuable cryptocurrency, is currently facing a critical juncture as indicated by the candlestick formation in the weekly chart. Notably, renowned analyst Tony Spilotro sounded the alarm after identifying a bearish head-and-shoulder pattern in the chart. While the pattern is in its final phase of formation, its realization could have dire consequences for
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Bloomberg’s Senior ETF Analyst, Eric Balchunas, has announced that the Security and Exchange Commission (SEC) could reveal a significant decision regarding Grayscale Investments as early as today, August 15, or by the latest, this Friday, August 18. This decision is expected to have significant implications for the approval of Bitcoin exchange-traded products (ETPs), with specific
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