Zebec Network's price surges by 20% after receiving an invitation to discuss regulation at the UK House of Lords.
Zebec Network, a leading blockchain company, is making headlines as its token price, ZBCN, surged by approximately 20% within 24 hours following the announcement of its leadership's scheduled speech at the British Parliament's House of Lords on July 10, 2025.
The event, which will take place at the Palace of Westminster, will see Zebec Network's COO, Simon Babakhani, and Head of M&A, Neal Padhye, discuss important topics such as compliance, whistleblower protections, and blockchain regulatory framework with an audience of MPs, regulators, legal experts, and compliance professionals.
This announcement has had a significant impact on the price of ZBCN. On July 9, the price reached an intraday high of $0.0030977, reflecting a bullish breakout from a falling wedge price pattern that had been forming since late May. This rally was supported by strong trading volume, lending credibility to the upward momentum.
Currently, the price is slightly retracting but holding above key support levels near $0.0024. If it breaks above the falling wedge resistance around $0.0031, further gains toward the $0.0035-$0.0040 range are projected, where it previously encountered selling pressure.
This parliamentary engagement is perceived as a positive development for Zebec Network, potentially enhancing its credibility and investor confidence given the high-profile platform to discuss regulation. Combined with past strategic moves such as acquisitions that have built investor trust, the event may support sustained bullish sentiment for the project.
In terms of technical analysis, the recent higher low for ZBCN is near $0.0024, and the price of ZBCN opened at $0.0027243 on July 7. The area around $0.0024 acts as a critical supply zone and potential profit-taking region for short-term traders.
It's worth noting that Zebec Network has also recently acquired Gatenox to integrate native KYC, KYB, and AML into its payment infrastructure, further strengthening its position in the industry.
This event marks an important milestone for Zebec Network and has already begun to impact price dynamics and future projections positively. As the date of the speech approaches, investors will be closely watching the price movements of ZBCN.
[1] CoinMarketCap. (2025). Zebec Network [ZBCN]. Retrieved from https://coinmarketcap.com/currencies/zebec-network/ [2] Zebec Network. (2025). Zebec Network to speak at the British Parliament's House of Lords. Retrieved from https://zebec.network/news/zebec-network-to-speak-at-the-british-parliament-s-house-of-lords/
- The upcoming speech at the British Parliament's House of Lords by Zebec Network's COO and Head of M&A is expected to further enhance the company's credibility and investor confidence, potentially supporting sustained bullish sentiment for the ZBCN token.
- The recent acquisition of Gatenox by Zebec Network is aimed at integrating native KYC, KYB, and AML into its payment infrastructure, further strengthening its position in the industry.
- The token price of Zebec Network, ZBCN, has significantly surged by approximately 20% within 24 hours following the announcement of its leadership's scheduled speech at the British Parliament's House of Lords.
- The integration of native KYC, KYB, and AML through the acquisition of Gatenox and the upcoming parliamentary engagement are considered positive developments for Zebec Network, potentially impacting the price dynamics and future projections positively in the crypto finance business, especially in the blockchain technology sector.
