Just-In: Socios Gains Regulatory Approval In Key Market, Chiliz (CHZ) Price Jumps

Fan token platform Socios.com on Thursday said it has gained regulatory approval in Italy as a service provider of virtual currencies and digital wallets. It will enable the firm to further boost its fan engagement and rewards platform in the key market.

Timeline of Chiliz

Flux (FLUX/USD), Chiliz (CHZ/USD), and Injective (INJ/USD) are some of the best cryptocurrencies that you can buy in August.  FLUX has been gaining in value recently due to the fact that mining rigs can be utilized to essentially mine the cryptocurrency.

Chiliz (CHZ) has broken out from long- and short-term resistance levels, and the wave count suggests that a bottom has been reached. The post Chiliz (CHZ) Breaks Out From Long-Term Bullish Pattern, Next Major Resistance at $0.41 appeared first on BeInCrypto.

Chiliz (CHZ/USD) is essentially a digital currency and platform aimed at sports and entertainment that operates the Socios.com platform. The CHZ cryptocurrency serves the role of being the platform currency of the blockchain-based Socios.

Chiliz's native cryptocurrency CHZ was not left behind as the market surprisingly switched in favor of a strong mid-week rally. In fact, CHZ managed to pull off an impressive 36% uptick in just three days.

The cryptocurrency market has struggled over the last year to provide investors with good returns. Despite the recent bear market there are still opportunities to make big gains in the right projects with Chronoly.io (CRNO) and Chilliz (CHZ) being two that offer promise.

The Chiliz [CHZ] network achieved robust growth and utility in the last two years courtesy of fan token launches. Unfortunately, this was not enough to shield its native token CHZ from the bear market.

Chiliz [CHZ] extended its climb hours after Chiliz announced that it is launching a new fan token for Club Santos. The crypto market has struggled to hold on to its gains amid the ongoing uncertainty.

Whether you're a seasoned veteran or just getting started in the world of cryptocurrency, you've undoubtedly heard about non-fungible tokens (NFTs). These unique digital assets are shaking up traditional industries and bringing new opportunities to users all over the world.

After a ripple effect of Bitcoin's close above its 4-hour 20 EMA and 50 EMA, the broader market reacted by stalling major sell-offs. Chiliz, Harmony, and Loopring took off from their multi-month lows in the past three days.

The team at Gemini is pleased to confirm support for a new set of digital tokens. The following tokens are currently available for trading on Gemini's API/FIX and ActiveTrader applications for USD trading pairs, and on the Gemini Mobile App and website for USD, GBP,.