OKX and HashKey Invest in Vietnam's CAEX Exchange
- Investment Background: CAEX, a Vietnamese cryptocurrency exchange, has secured funding from OKX Ventures and HashKey Capital to meet Vietnam's stringent $380 million capital requirement for participation in the national crypto licensing pilot, enhancing its market competitiveness.
- Market Potential: Vietnam's digital currency transactions reached approximately $200 billion by mid-2025, positioning the country fourth globally in cryptocurrency adoption rates, which has attracted significant interest from international investors.
- Regulatory Framework: The Vietnamese government has established a policy allowing only five licensed crypto exchanges, with foreign ownership capped at 49%, creating strategic opportunities for CAEX's compliant operations while accelerating partnerships between international firms and local compliant entities.
- Technical Support: OKX has stated it will provide CAEX with essential financial resources and technical expertise to meet regulatory standards, including infrastructure development and cybersecurity measures, further promoting the healthy development of Vietnam's crypto market.
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Technical Analysis for BASED
Technical Sentiment Analysis for Based (BASED). As of , Based (BASED) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BASED 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, BASED 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 $-.
Based (BASED) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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