▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It’s a bullish start to the day for the majors. Avoiding the day’s pivot levels will bring resistance levels into play. For more crypto news and tech analysis, please visit and ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Day: December 10, 2020
IOV Announces Starname Manager and Listing of IoV Token on Uniswap
The recently announced Starname Manager will see users frequently registering their names on multi-wallet mobile implementation when they create their profile. Starname, a decentralized digital identity platform has come out with its IOV token and also unveiled Starname Manager. According to the announcement from IOV, the Starname token has been listed on Uniswap. The recently announced Starname manager will see users frequently registering their names on multi-wallet mobile implementation as they create their profile. The newly integrated features will see transactions skipping the usual process of communicating via several crypto…
DoorDash (DASH) Stock Debuts at $182 per Share on NYSE and Closes 5% Higher
The food delivery company went public on the New York Stock Exchange Wednesday starting the day with its DASH stock at $182 per share and closing at $189.51. Trading under the symbol DASH, with JPMorgan and Goldman Sachs as the main underwriters, DoorDash Inc had a market value of about $60.2 million at closing. This is a huge leap from a $16 billion value earlier this year. This comes as a huge and much-needed gain for Softbank Vision Fund, the largest shareholder with a stake of about 20%. Softbank missed…
Bitcoin Might Reclaim $19k Despite BTC Miners Selling their Bags
Quick take: Bitcoin is in bear territory as the Miners Position Index hints of selling by BTC miners The demand for Bitcoin will quickly absorb the continual selling at these levels Bitcoin could experience a resurgence back to $19k due to this buying demand and an ascending triangle on the 4-hour chart Bitcoin is once again in uncertain territory after bouncing to $18,700 levels from the local low of $17,600 set only yesterday. At the time of writing, Bitcoin is trading at $18,200 and could be in the midst of…
Bitcoin and Ether Market Update December 10, 2020
Total crypto market cap lost $25.2 billion of its value for the period since Monday morning and now stands at $547.5 billion. The top ten coins are all in green for the last 24 hours with XRP and Cardano (ADA) being the best performers with 13.5 and 10.4 percent of increase respectively. At the time of writing bitcoin (BTC) is trading at $18,423 on the Bitstamp daily chart, ether (ETH) is hovering around $566. Ripple’s XRP fell to $0.581. BTC/USD Bitcoin closed the trading session on Sunday, December 6 at…
Paxos on Verge of Becoming Regulated Bank in US
The NYDFS has always been a fan of innovation favoring the impact Paxos has made in the financial market within the country. A stablecoin issuer and crypto services provider Paxos is on the verge of becoming a fully operational regulated bank in the US after applying to the Office of the Comptroller of the Currency (OCC). If this application is approved, Paxos would operate as a full trust bank and be mandated to hold cryptocurrencies. Paxos already has a license of the New York Trust Charter and provides services for…
Paxos on Verge of Becoming Regulated Bank in US
The NYDFS has always been a fan of innovation favoring the impact Paxos has made in the financial market within the country. A stablecoin issuer and crypto services provider Paxos is on the verge of becoming a fully operational regulated bank in the US after applying to the Office of the Comptroller of the Currency (OCC). If this application is approved, Paxos would operate as a full trust bank and be mandated to hold cryptocurrencies. Paxos already has a license of the New York Trust Charter and provides services for…
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CD Projekt Stock Continues to Shrink, Hotly Anticipated Cyberpunk 2077 Unveiled Today
As more people continue to stay at home due to the ongoing coronavirus crisis, analysts anticipate the Cyberpunk 2077 game will get a huge reception through the first year of release. Shares of Polish video game developer CD Projekt SA (WSE: CDR) continued to shrink as they were trading around 379.20 PLN approximately 4.19% down on December 10, 10:19 GMT+1. After years of meticulous writing and planning, the company has today released the Cyberpunk 2077 game, despite the lower than anticipated reviews. According to the news outlet Bloomberg, Cyberpunk 2077…
Spain’s Second Largest Bank BBVA Launches Bitcoin Trading and Custody in Switzerland
BBVA, the second-largest bank in Spain, has announced the launch of its bitcoin trading and custody service through its Swiss subsidiary. Beginning with bitcoin, BBVA plans to expand its services for other cryptocurrencies. BBVA Rolls Out Bitcoin Trading and Custody Services BBVA announced on Wednesday that it “has begun to roll out the trials of what will become its first commercial service for the trading and custody of digital assets.” BBVA (Banco Bilbao Vizcaya Argentaria) is Spain’s second-largest bank after Banco Santander. The group was founded in 1857 and has…