AdEx (ADX) has announced a monumental partnership with NEO, causing ADX values to skyrocket. This is following news that the
ADX-listed Phoenix Group PLC and Tether will soon initiate the creation of a UAE Dirham-pegged stablecoin. That said, those interested in partaking in AdEx's flourishing ecosystem can do so via their network airdrop. Meanwhile,
ambitious investors should take the time to explore investing in Ambire AdEx - full details of which can be found in a comprehensive beginner's guide.In other market news, competitor coins such as Dogecoin (DOGE) and BONK face major resistance in market price.
DOGE wholesalers have been acquiring large amounts of coins after a short-lived dip, but bearish indicators keep DOGE's price under pressure. BONK also faces a risk of losing its 180-day support, while
Mantra (OM) and Goatseus Maximus (GOAT) continue to hit all-time highs.Despite negative indicators for a handful of meme coins, others like Dogwifhat (WIF) are gaining momentum due to growing market competition. Bitcoin (BTC) price is also potentially in line for an uptrend as bearish momentum fades.
Phoenix Group, following their partnership with Tether, saw a surge in stock numbers by 50% after their $371M Abu Dhabi IPO. This indicates the accelerating acceptance of crypto technology by institutions and positive market movement for crypto mining.
Regulatory scrutiny still looms, however, as privacy coins such as XMR face delisting. The recently unveiled ‘Decentralized Twitter’ Bluesky has outlined content moderation in what may be a response to this growing need for regulation in the cryptocurrency market.
ADX Coin News Analytics from Tue, 15 Aug 2017 07:00:00 GMT to Wed, 04 Dec 2024 19:00:00 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor -3
