CoinDCX acquires BitOasis to expand into Gulf region, as Rahu in Pisces inspires companies to search for new customers in their diasporas
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Top Indian crypto exchange CoinDCX has acquired the Bahrain and UAE-based exchange BitOasis, facilitating CoinDCX’s entrance into those jurisdictions.
CoinDCX’s acquisition of BitOasis happened on Wednesday, 3 July.
At that moment in the sky, the Moon travelled with Jupiter in the sign of Taurus.
Dividing the sky of an infinite radius extending outward from the center point, Earth into 12 equal sections, conjunction means the planets are at the same degree, in the same section. For example, a person standing on Earth would have seen the brilliant planet Jupiter close to the Moon in the night sky on Wednesday.
CoinDCX's acquisition allows the company to expand its footprint into the Gulf countries, leveraging BitOasis’s established presence in Bahrain and the UAE. The Gulf countries combined are home to over 66% of non-resident Indians.
The planet Jupiter generates long term strategy on Earth. This is because He is the planet Who advises Sun, the king. Jupiter's orbit around Sun creates solar activity such as flares, temporarily transforming Sun Himself. The sign of Taurus where Jupiter travels generates finance on Earth. The planet Rahu generates ancestral lines on Earth.
Rahu currently travels in Jupiter’s sign of Pisces, the 12th sign which generates the concept of foreign lands on Earth due to its relationship with the oceans. Rahu also generates ancestral lines. UAE is the country with the most Indian immigrants worldwide.
The theme of finance-related companies targeting their overseas diasporas in order to gain new clients or users will continue to be prominent until mid-May of 2025 when Jupiter exits Taurus.
There was an earlier example of this when the exchange ByBit suddenly opened registration to holders of mainland China identity cards. This caught the attention of Asian media sources and ByBit explained that their aim was to acquire new diasporic or non-resident Chinese citizens as customers.