Market Analysis

Analyst Downgrades Coinbase Stock Due to Uncertainties

July 5, 2023 0

The renowned investment bank Piper Sandler has rated Coinbase stock (COIN) neutral from overweight as it expects second-quarter trading volume to be the lowest in the past two years. While Coinbase stock has been rallying […]

Danish Regulator Clamps Down on Saxo Bank’s Crypto Business
Market Analysis

Denmark FSA Orders Saxo Bank to Dispose of Crypto

July 5, 2023 0

The Danish Financial Supervisory Authority has ordered Saxo Bank to dispose of crypto assets violating Section 24 of the Financial Business Act as Asia struggles to secure crypto bank partners. The watchdog said crypto business […]

Market Analysis

Binance suspends transfers for Multichain-bridged tokens

July 5, 2023 0

Binance will cease deposit and withdrawals support for Multichain-bridged tokens Polkastarter (POLS), Alchemy Pay (ACH), Alpaca Finance (ALPACA) and Travala (AVA. The tokens are minted on BNB Smart Chain, Fantom, Ethereum and Avalanche C-Chain. The […]

Market Analysis

Can the Bulls Push for $2,700?

July 5, 2023 0

Ethereum (ETH) price has hovered between $1,930 and $1,960 after another unsuccessful attempt at crossing the $2,000 range this week. While on-chain data currently present risks of an Ethereum supply squeeze, the staking surge is […]

Market Analysis

Singapore bank DBS allows e-CNY settlements

July 5, 2023 0

The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank is participating in Project Guardian, a project for testing asset […]