EDX Markets Secures $76 Million in Series C Funding
- Funding Scale and Investor: EDX Markets successfully raised $76 million in its Series C funding round led by Japan's SBI Holdings, providing fresh capital to expand its institutional cryptocurrency trading infrastructure and international operations.
- Growing Market Demand: As demand for regulated digital asset services continues to rise among banks and asset managers, the funding will support the development of new products and enhance trading, clearing, and settlement capabilities, thereby improving its competitive position in the market.
- Regulatory Strategy and Trust Bank Application: EDX is pursuing a national trust bank charter in the U.S., which, if approved, would allow it to offer regulated custody, clearing, and risk management services under a federal banking framework, further enhancing its service capabilities in the institutional market.
- Technological Innovation and Market Positioning: The introduction of the FlowConnect platform enables financial institutions to integrate cryptocurrency trading into their existing offerings, indicating EDX's focus on providing technology and services that meet regulatory requirements for institutional clients, driving growth in the digital asset market.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK). As of , Lorenzo Protocol (BANK) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0157 | 0.0232 | 0.0299 | 0.0374 | 0.0441 | 0.0516 | 0.0583 |
| Fibonacci | 0.0232 | 0.0287 | 0.032 | 0.0374 | 0.0429 | 0.0462 | 0.0516 |
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