Wall Street giants poised to target crypto asset custody business
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By Muhaammaadd · Posted
In a strategic move to further solidify its position in the global cryptocurrency market, Bitget, a leading CEX, has made a significant move by appointing Min Lin as its new Chief Business Officer. With a history of leadership at Binance and Goldman Sachs, Lin brings over a decade of expertise to Bitget's ambitious expansion in Latin America. His unique blend of traditional finance and blockchain experience positions him to navigate the complex market dynamics in the region. Bitget's CEO, Gracy Chen, believes Lin’s expertise is crucial for their strategic vision. “Min’s track record in scaling cryptocurrency businesses aligns seamlessly with our growth goals,” says Chen. In his new role, Lin emphasizes his commitment to innovation and user-focused products. He aims to promote wider acceptance of blockchain technology while tailoring solutions to meet the unique needs of Latin American users. This move underscores Bitget’s commitment to emerging markets. With a 98% increase in active users in Latin America in 2024, the potential for growth is evident. The question remains: how will this move influence the competitive landscape in Latin America? -
Exchange tokens are a good alternative investment. Unlike regular coins, they provide access to exclusive privileges, including: -Deduction of trading fees, whether in spot or futures trading -Participation in airdrop campaigns, such as Launchpool, Launchpad, PoolX, and others The benefits of holding an exchange token cannot be overstated, yet many users are still unaware of these advantages. I currently hold some MX, BGB, BNB, and KCS in my portfolio, though I initially knew little about the privileges associated with them. After joining this Bitget online community, I was able to connect with other BGB holders, interact with them, and discover a lot more. The minimum requirement is 100 BGB to gain access to the community, and there's an ongoing campaign with a range of merchandise giveaways. We could take advantage of this campaign as we’re now in Moonvember if you’re holding more than the minimum required amount. I’m not a financial advisor, so always DYOR.
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By tradinglounge · Posted
Natural Gas Elliott Wave Analysis The late October recovery continues as the commodity has stayed within a sideways price structure since April 2023. Meanwhile, in the meantime, it appears prices will attempt to break the October and June highs of 2024 to retest the January 2024 and October 2023 highs of the range. From the long-term price action, Natural gas completed the bearish impulse wave sequence from August 2022, when it exchanged for $10, in February 2024 at barely $1.5. That was a whooping crash! However, from the perspective of the Elliottwave theory, a 3-wave correction follows a 5-wave trend. It appears the price is correcting the bearish impulse from August 2022. The correction could advance as much as $4.79-5.8. On the daily chart, the correction starts from 1.522 and is emerging into a zigzag structure of the primary degree. Wave ((A)) finished with an impulse structure at 3.16 in June 2024. Since June, the price fell and went sideways suggesting a triangle structure for wave ((B)). Thus, when wave ((B)) ends, wave ((C)) should advance to $4 or higher. On the H4 chart, it appears wave (E) of ((B)) is incomplete. Thus, the pullback from late October could extend to 2.47 -2.35 to complete wave (E) and then price surges to continue the bullish correction that started on February. Technical Analyst : Sanmi Adeagbo Source : Ttadinglounge.com get trial here!
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