News

BitHK will offer spot trading and looks to launch a P2P exchange for Hong Kong users. The exchange will submit an application for registration as a VASP with the Hong Kong Securities and Futures Commission (SFC) on 1 June. Another exchange, Huobi HK is also offering spot trading to Hong Kong users and has submitted The post CoinEx launches BitHK trading platform for Hong Kong users appeared first on CoinJournal.

Berenberg analysts sees upside in MicroStrategy to $340. They explain their bullish view in a recent research note. Coinbase stock has a “hold” rating only at Berenberg. MicroStrategy Inc is a better pick for exposure to cryptocurrencies than Coinbase Global Inc, as per the Berenberg analysts. MicroStrategy stock has upside to $340 Mark Palmer and The post MicroStrategy is better than Coinbase for crypto exposure: Berenberg appeared first on CoinJournal.

Gamified asset marketplace Blocktrade says it has raised €4.5 million in an exclusive BTEX Token (BTEX) sale. The sale attracted 1,400 community members from 42 countries. Blocktrade will use the funds to grow its platform. Blocktrade, a gamified crypto asset and marketplace, has announced that it has raised €4.5 million in an exclusive sale of The post Blocktrade raises €4.5M in its BTEX Token sale appeared first on CoinJournal.

Russia appears to have ditched plans for a state-run cryptocurrency exchange, according to a new report. Instead, it is looking to establish a framework to support cryptocurrency exchanges and digital assets in cross-border transactions. The news was reported today by a local media outlet, citing comments from Anatoly Aksakov, the head of the State Duma The post Russia to use crypto exchanges for cross-border transactions appeared first on CoinJournal.

Polkadot hodlers are underwater A bullish scenario remains valid if the lows hold A move above $7 should lead to more gains It has been a tough period for long-term holders of Polkadot. The DOT/USD exchange rate has moved South relentlessly after peaking at $56 in late 2021. From $56 to $5, it was a The post DOT/USD technical analysis – will the bottom hold? appeared first on CoinJournal.