Anchorage Crypto Bank Introduces Venture Capital Division to Support Next-Generation Protocols
New Venture Launch: Anchorage Digital Ventures has launched to fund and advise projects focused on building core blockchain infrastructure, aiming to make protocols ready for institutional use from the outset.
Market Context: This initiative comes at a time of sluggish venture activity in the crypto space despite a rally in digital asset markets, with Anchorage joining other major players like Coinbase and Circle in establishing in-house VC arms.
Focus Areas: The venture will prioritize investments in Bitcoin DeFi, tokenized real-world assets, decentralized identity, and tools that facilitate institutional adoption of blockchain technology.
Demo Day Event: Selected projects will receive mentorship and support, culminating in a private demo day at Token2049 in Singapore, where finalists will present their innovations to industry leaders before receiving grants.
Get Real-Time Alerts for Any Crypto Movement
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 12 technical signals, shows that 5 indicators are flashing buy, while 7 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 stock.
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 | 0.000267 | 0.0143 | 0.0254 | 0.0394 | 0.0505 | 0.0645 | 0.0756 |
| Fibonacci | 0.0143 | 0.0239 | 0.0298 | 0.0394 | 0.049 | 0.0549 | 0.0645 |
About BANK
About the author
