Coinbase Achieves Full-Service Prime Broker Status in Crypto
- Market Position Enhancement: Coinbase has become the only company in the cryptocurrency sector to achieve full-service prime broker status, managing approximately $350 billion in digital assets, equivalent to 12% of the global crypto market, marking its critical role as a bridge between traditional finance and digital assets.
- Service Integration Innovation: By offering a comprehensive suite of services including trading, custody, and financing, Coinbase Prime addresses the long-standing fragmentation in the crypto industry, enabling investment funds to meet all their needs on a single platform, thereby enhancing operational efficiency and risk management capabilities.
- Leading Market Share: Coinbase's custody business controls over 80% of the market share for U.S. BTC and ETH ETFs, further solidifying its dominant position in crypto asset management while providing institutional investors with enhanced security and compliance.
- Industry Outlook: As the crypto market is expected to expand to 20% to 30% of the size of mainstream global finance, Coinbase may face competition from emerging fintech challengers, but its unique full-service model positions it advantageously for future market competition.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for IMX
Technical Sentiment Analysis for Immutable (IMX). As of , Immutable (IMX) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 3 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IMX 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, IMX 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 $-.
Immutable (IMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0943 | 0.124 | 0.148 | 0.178 | 0.202 | 0.232 | 0.255 |
| Fibonacci | 0.124 | 0.145 | 0.157 | 0.178 | 0.198 | 0.211 | 0.232 |
About IMX
About the author
