On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital currency payment systems.
Representative Marjorie Taylor Greene (R-GA) is known for her controversial statements and is not shy about expressing her opinions. The American politician and businesswoman has represented Georgia’s 14th congressional district since 2020. On April 5, she criticized the U.S. central bank’s Fednow project, stating that the U.S. should return to the gold standard rather than relying on digital currency payment systems. “Hard pass,” added the Congress member. Like other Republican politicians, Greene, or MTG, does not seem to support a central bank digital currency (CBDC).
Texas senator Ted Cruz and Florida governor Ron DeSantis have introduced legislation against CBDCs. The stance of MTG on permissionless cryptocurrencies such as bitcoin (BTC) and ethereum (ETH) is “unclear,” according to Coinbase’s report on the Georgia representative. Coinbase’s report, which covers Congressional leaders’ opinions on crypto assets, states that there is “not enough data to determine” Greene’s official stance. However, the report does mention that MTG spoke out on Twitter against Canadian prime minister Justin Trudeau’s actions against a convoy of truckers.
“As Trudeau has gone full dictator in Canada and is stealing Canadians’ crypto wallets, Democrats and big banks are lining up to take their cut of #crypto and #blockchain,” tweeted Greene. “Joe ‘the big guy’ Biden always gets his cut. Protect crypto owners’ rights,” she added. The Georgian politician also appeared on the “America First with Sebastian Gorka” podcast in an episode titled “Your Bitcoin is in Danger.” During a press briefing in November 2022, MTG discussed the alleged theory that donated crypto funds sent to Ukraine were transferred to Sam Bankman-Fried’s FTX.
Many people believe that a CBDC would be a disastrous idea for the United States. Economist Richard Werner recently called the July launch of Fednow “suspicious.” Former Republican congressman from Texas, Ron Paul, also criticized the Fednow payment system three years ago, encouraging crypto competition instead. He stated, “I’m all for cryptocurrencies and blockchain technology because I like competing currencies.” Senator Elizabeth Warren (D-MA), who has referred to herself as “anti-crypto,” recently denounced competing currencies like bitcoin and called for the U.S. to move towards a CBDC.
What are your thoughts on Marjorie Taylor Greene’s criticism of the Fednow project and her call to return to the gold standard? Do you agree with her stance? Share your thoughts about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand'
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital currency payment systems.
Representative Marjorie Taylor Greene (R-GA) is known for her controversial statements and is not shy about expressing her opinions. The American politician and businesswoman has represented Georgia’s 14th congressional district since 2020. On April 5, she criticized the U.S. central bank’s Fednow project, stating that the U.S. should return to the gold standard rather than relying on digital currency payment systems. “Hard pass,” added the Congress member. Like other Republican politicians, Greene, or MTG, does not seem to support a central bank digital currency (CBDC).
Texas senator Ted Cruz and Florida governor Ron DeSantis have introduced legislation against CBDCs. The stance of MTG on permissionless cryptocurrencies such as bitcoin (BTC) and ethereum (ETH) is “unclear,” according to Coinbase’s report on the Georgia representative. Coinbase’s report, which covers Congressional leaders’ opinions on crypto assets, states that there is “not enough data to determine” Greene’s official stance. However, the report does mention that MTG spoke out on Twitter against Canadian prime minister Justin Trudeau’s actions against a convoy of truckers.
“As Trudeau has gone full dictator in Canada and is stealing Canadians’ crypto wallets, Democrats and big banks are lining up to take their cut of #crypto and #blockchain,” tweeted Greene. “Joe ‘the big guy’ Biden always gets his cut. Protect crypto owners’ rights,” she added. The Georgian politician also appeared on the “America First with Sebastian Gorka” podcast in an episode titled “Your Bitcoin is in Danger.” During a press briefing in November 2022, MTG discussed the alleged theory that donated crypto funds sent to Ukraine were transferred to Sam Bankman-Fried’s FTX.
Many people believe that a CBDC would be a disastrous idea for the United States. Economist Richard Werner recently called the July launch of Fednow “suspicious.” Former Republican congressman from Texas, Ron Paul, also criticized the Fednow payment system three years ago, encouraging crypto competition instead. He stated, “I’m all for cryptocurrencies and blockchain technology because I like competing currencies.” Senator Elizabeth Warren (D-MA), who has referred to herself as “anti-crypto,” recently denounced competing currencies like bitcoin and called for the U.S. to move towards a CBDC.
What are your thoughts on Marjorie Taylor Greene’s criticism of the Fednow project and her call to return to the gold standard? Do you agree with her stance? Share your thoughts about this subject in the comments section below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Ripple CEO: SEC Lawsuit Over XRP 'Has Gone Exceedingly Well'
The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP "has gone exceedingly well." He stressed: "This case is important, not just for Ripple, it’s ... read more.
Dogecoin was one of Thursday’s biggest movers, as the meme coin fell by as much as 9%. The decline comes as market sentiment begins to shift, following huge gains to start the week. Litecoin was also in the red today, with prices hovering near the $90.00 level.
Dogecoin (DOGE) fell for a third consecutive session on Thursday, as market sentiment shifted bearish, following strong gains to start the week.
DOGE/USD dropped to a low of $0.08857 earlier in the day, which comes less than 24-hours after trading at a high of $0.09804.
The meme coin rose to a four-month high earlier in the week, after Twitter changed its logo to a cartoon image of Doge.
Since then, traders have appeared to abandon earlier long positions, instead opting to secure profits.
As a result of this latest decline in price, the relative strength index (RSI) has now fallen below a long-term floor at 60.00.
At the time of writing this, the index is now tracking at 59.59, with a strong chance of further declines.
Another notable mover on Thursday was litecoin (LTC), which fell towards the $90.00 level.
Following a high of $94.44 in yesterday’s session, LTC/USD dropped to a bottom at $90.22 earlier in the day.
Overall, it appears that this decline was a result of upwards momentum easing, as the token approached a key price point of $95.00.
In addition to this, the RSI also failed to break out of its own ceiling at 57.00, giving way to a resurgence of bearish activity.
Price strength is now tracking at 52.26, which is the weakest point for the index since March 31.
A floor at 51.00 is seemingly the target for bears, and should the point be reached, there is a good chance that LTC will be below $90.00.
Register your email here to get weekly price analysis updates sent to your inbox:
Do you expect litecoin to move above $95.00 this week? Let us know your thoughts in the comments.
Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.
Dogecoin was one of Thursday’s biggest movers, as the meme coin fell by as much as 9%. The decline comes as market sentiment begins to shift, following huge gains to start the week. Litecoin was also in the red today, with prices hovering near the $90.00 level.
Dogecoin (DOGE) fell for a third consecutive session on Thursday, as market sentiment shifted bearish, following strong gains to start the week.
DOGE/USD dropped to a low of $0.08857 earlier in the day, which comes less than 24-hours after trading at a high of $0.09804.
The meme coin rose to a four-month high earlier in the week, after Twitter changed its logo to a cartoon image of Doge.
Since then, traders have appeared to abandon earlier long positions, instead opting to secure profits.
As a result of this latest decline in price, the relative strength index (RSI) has now fallen below a long-term floor at 60.00.
At the time of writing this, the index is now tracking at 59.59, with a strong chance of further declines.
Another notable mover on Thursday was litecoin (LTC), which fell towards the $90.00 level.
Following a high of $94.44 in yesterday’s session, LTC/USD dropped to a bottom at $90.22 earlier in the day.
Overall, it appears that this decline was a result of upwards momentum easing, as the token approached a key price point of $95.00.
In addition to this, the RSI also failed to break out of its own ceiling at 57.00, giving way to a resurgence of bearish activity.
Price strength is now tracking at 52.26, which is the weakest point for the index since March 31.
A floor at 51.00 is seemingly the target for bears, and should the point be reached, there is a good chance that LTC will be below $90.00.
Register your email here to get weekly price analysis updates sent to your inbox:
Do you expect litecoin to move above $95.00 this week? Let us know your thoughts in the comments.
Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Currently, he commentates on various asset classes, including Crypto, Stocks and FX, whilst also a startup founder.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament
A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market ... read more.
PRESS RELEASE. OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that its Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded USD1 billion in trading volume in 2023.
The on-demand OKX Liquid Marketplace provides access to deep institutional liquidity and provides access to a number of crypto trading strategies, including futures spreads, large options block trades or spot OTC, to run at scale. One-click atomic execution of both legs allows traders to easily execute efficient and low-risk spread trading to farm funding rates, generate yield via cash-and-carry trades, and roll expiring futures hedges.
Lennix Lai, Managing Director of Global Institutional at OKX, said: “Institutional clients demand liquidity, superior fee structures, and streamlined execution of advanced trading strategies. We’ve designed our Liquid Marketplace to hit this sweet spot, and the market is responding. Our aim is to become the go-to venue for institutional traders by listening to their needs and leveraging our technical expertise, creativity and product design to build the best platform for their needs.”
OKX Liquid Marketplace overhauls the traditional RFQ process by automating workflows, offering an integrated position builder and enabling anonymous RFQs with two-way quotes. Users can construct custom multi-leg strategies and request quotes on futures spreads and basis trades with the click of a button. The platform also offers leading security underpinned by end-to-end connectivity with OKX’s risk management and settlement system.
The growth of the OKX Liquid Marketplace has occurred against the backdrop of OKX’s global expansion, which has seen it reach 50 million global users.
Find out more about OKX Liquid Marketplace here.
About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.
Contact
Media
OKX
media@okx.com
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.
PRESS RELEASE. OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced that its Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded USD1 billion in trading volume in 2023.
The on-demand OKX Liquid Marketplace provides access to deep institutional liquidity and provides access to a number of crypto trading strategies, including futures spreads, large options block trades or spot OTC, to run at scale. One-click atomic execution of both legs allows traders to easily execute efficient and low-risk spread trading to farm funding rates, generate yield via cash-and-carry trades, and roll expiring futures hedges.
Lennix Lai, Managing Director of Global Institutional at OKX, said: “Institutional clients demand liquidity, superior fee structures, and streamlined execution of advanced trading strategies. We’ve designed our Liquid Marketplace to hit this sweet spot, and the market is responding. Our aim is to become the go-to venue for institutional traders by listening to their needs and leveraging our technical expertise, creativity and product design to build the best platform for their needs.”
OKX Liquid Marketplace overhauls the traditional RFQ process by automating workflows, offering an integrated position builder and enabling anonymous RFQs with two-way quotes. Users can construct custom multi-leg strategies and request quotes on futures spreads and basis trades with the click of a button. The platform also offers leading security underpinned by end-to-end connectivity with OKX’s risk management and settlement system.
The growth of the OKX Liquid Marketplace has occurred against the backdrop of OKX’s global expansion, which has seen it reach 50 million global users.
Find out more about OKX Liquid Marketplace here.
About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
Beyond OKX’s exchange, the OKX Wallet is the platform’s latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
To learn more about OKX, download our app or visit: okx.com
Disclaimer
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, or hold digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances.
Contact
Media
OKX
media@okx.com
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.
PRESS RELEASE. On March 30th, Coresky officially launched the first project on Launchpad, which is the Celestia-packaged NFT, issued by Coresky DAO, with a total circulation of 1050 and a unit price of 200 USDT. Users can mint the CoreCard NFT on the Coresky platform and obtain Tickets provided by CoreCard by fulfilling the CoreCard binding time requirement. These Tickets can be used to participate in the Launchpad lottery. Users who are drawn in the lottery can obtain the right to mint Celestia-packaged NFTs, which can be listed for trading on the NFT market or held in a crypto wallet to be claimed after token unlocking.
CoreCard is Coresky’s NFT-based decentralized identity governance system that operates within the Coresky ecosystem. By holding a CoreCard, users automatically become members of the Coresky community and can enjoy the benefits provided by the platform. CoreCard has six levels, ranging from level 0 to level 5, namely, CoreCardV0 Kite, CoreCardV1 Balloon, CoreCardV2 Biplane, CoreCardV3 Jet, CoreCardV4 Satellite, and CoreCardV5 Spacecraft. The higher the level of the CoreCard, the more Tickets the users receive. Users immediately get Tickets corresponding to the level to which they have upgraded.
In Coresky’s current Launchpad project, CoreCard V4 and CoreCard V5 holders can not only participate in this Launchpad through Tickets, but also receive 100% of Celestia-packaged NFT airdrops. CoreCard V4 holders can evenly split 50 Celestia-packaged NFTs worth a total of 10,000U, while CoreCard V5 holders can evenly split 200 Celestia-packaged NFTs worth a total of 40,000U. This means that CoreCard V4 holders will receive a total of 10,000U worth of 50 Celestia-packaged NFTs, and CoreCard V5 holders will receive a total of 40,000U worth of 200 Celestia-packaged NFTs. Users can upgrade their CoreCard level by participating in trading mining, burning platform points (future platform tokens), or completing other tasks set by the platform.
Coresky’s investment and research team has been conducting in-depth research and market analysis across various areas of the cryptocurrency industry with scalability being a key focus. In this phase of Coresky Launchpad, the Celestia-packaged NFTs offer first-hand market investment shares in Celestia, a module-based blockchain. Celestia is the first truly modular blockchain that aims to provide an easy, low-cost solution for anyone looking to deploy their own blockchain. The platform’s vision is to combine Cosmos’ sovereign inter-operating zones with Ethereum-centered rollups to share security. Celestia’s incentive test network has already launched, and the mainnet is expected to be released later in 2023.
The betting period for this round of Coresky Launchpad starts at 12:00 PM Eastern Time on April 8th, and the drawing will take place at 12:00 PM on April 10th. Crypto enthusiasts worldwide are welcome to participate and experience the Coresky Launchpad interface.
To participate in Coresky Launchpad, users must follow these three steps:
Step 1: Mint and bind CoreCard.
Users must mint and bind CoreCard to be eligible for participation. Coresky distributes Tickets every week to users who have bound CoreCard. Only users who have bound CoreCard can receive Tickets, and they can upgrade their CoreCards through Coresky’s trading mining activities. Different levels of CoreCards generate a varying number of Tickets weekly, and users receive Tickets corresponding to the new level they upgrade to immediately.
Learn more about Tickets information.
Step 2: Bet with Tickets.
Coresky Launchpad offers investment opportunities for high-quality projects. Users can use their Tickets to place bets on the projects in which they are interested. Once the betting period ends, the users will receive notification if they win the Asset-packaged NFT shares.
Step 3: Mint Asset-packaged NFT.
Users who win can mint an Asset-packaged NFT containing primary market investment shares of the corresponding project. The winners must complete the minting process within the specified time frame. After the minting is complete, users can freely sell the NFT as per their requirements.
For more information about Coresky, please refer to the following links:
Coresky Official Website: https://home.coresky.com/
Coresky Trading Platform: https://www.coresky.com/
Twitter: https://twitter.com/Coreskyofficial
Discord: https://discord.gg/coresky
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.
PRESS RELEASE. On March 30th, Coresky officially launched the first project on Launchpad, which is the Celestia-packaged NFT, issued by Coresky DAO, with a total circulation of 1050 and a unit price of 200 USDT. Users can mint the CoreCard NFT on the Coresky platform and obtain Tickets provided by CoreCard by fulfilling the CoreCard binding time requirement. These Tickets can be used to participate in the Launchpad lottery. Users who are drawn in the lottery can obtain the right to mint Celestia-packaged NFTs, which can be listed for trading on the NFT market or held in a crypto wallet to be claimed after token unlocking.
CoreCard is Coresky’s NFT-based decentralized identity governance system that operates within the Coresky ecosystem. By holding a CoreCard, users automatically become members of the Coresky community and can enjoy the benefits provided by the platform. CoreCard has six levels, ranging from level 0 to level 5, namely, CoreCardV0 Kite, CoreCardV1 Balloon, CoreCardV2 Biplane, CoreCardV3 Jet, CoreCardV4 Satellite, and CoreCardV5 Spacecraft. The higher the level of the CoreCard, the more Tickets the users receive. Users immediately get Tickets corresponding to the level to which they have upgraded.
In Coresky’s current Launchpad project, CoreCard V4 and CoreCard V5 holders can not only participate in this Launchpad through Tickets, but also receive 100% of Celestia-packaged NFT airdrops. CoreCard V4 holders can evenly split 50 Celestia-packaged NFTs worth a total of 10,000U, while CoreCard V5 holders can evenly split 200 Celestia-packaged NFTs worth a total of 40,000U. This means that CoreCard V4 holders will receive a total of 10,000U worth of 50 Celestia-packaged NFTs, and CoreCard V5 holders will receive a total of 40,000U worth of 200 Celestia-packaged NFTs. Users can upgrade their CoreCard level by participating in trading mining, burning platform points (future platform tokens), or completing other tasks set by the platform.
Coresky’s investment and research team has been conducting in-depth research and market analysis across various areas of the cryptocurrency industry with scalability being a key focus. In this phase of Coresky Launchpad, the Celestia-packaged NFTs offer first-hand market investment shares in Celestia, a module-based blockchain. Celestia is the first truly modular blockchain that aims to provide an easy, low-cost solution for anyone looking to deploy their own blockchain. The platform’s vision is to combine Cosmos’ sovereign inter-operating zones with Ethereum-centered rollups to share security. Celestia’s incentive test network has already launched, and the mainnet is expected to be released later in 2023.
The betting period for this round of Coresky Launchpad starts at 12:00 PM Eastern Time on April 8th, and the drawing will take place at 12:00 PM on April 10th. Crypto enthusiasts worldwide are welcome to participate and experience the Coresky Launchpad interface.
To participate in Coresky Launchpad, users must follow these three steps:
Step 1: Mint and bind CoreCard.
Users must mint and bind CoreCard to be eligible for participation. Coresky distributes Tickets every week to users who have bound CoreCard. Only users who have bound CoreCard can receive Tickets, and they can upgrade their CoreCards through Coresky’s trading mining activities. Different levels of CoreCards generate a varying number of Tickets weekly, and users receive Tickets corresponding to the new level they upgrade to immediately.
Learn more about Tickets information.
Step 2: Bet with Tickets.
Coresky Launchpad offers investment opportunities for high-quality projects. Users can use their Tickets to place bets on the projects in which they are interested. Once the betting period ends, the users will receive notification if they win the Asset-packaged NFT shares.
Step 3: Mint Asset-packaged NFT.
Users who win can mint an Asset-packaged NFT containing primary market investment shares of the corresponding project. The winners must complete the minting process within the specified time frame. After the minting is complete, users can freely sell the NFT as per their requirements.
For more information about Coresky, please refer to the following links:
Coresky Official Website: https://home.coresky.com/
Coresky Trading Platform: https://www.coresky.com/
Twitter: https://twitter.com/Coreskyofficial
Discord: https://discord.gg/coresky
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.
PRESS RELEASE. VICTORIA, SEYCHELLES, 5th April 2023, Chainwire. OKX, the second largest crypto exchange by trading volume and a leading Web3 technology company, has teamed up with Google Cloud to host the OKX Hackathon to drive growth and innovation of the blockchain ecosystem. The three-day event, held in Silicon Valley, aimed to encourage developers to build decentralized applications on OKT Chain, a leading layer 1 blockchain built on Cosmos.
Over 200 attendees joined the hackathon, forming 46 teams and submitting 32 projects that showcased the potential of decentralized, blockchain-based applications to transform various industries.
The OKX Hackathon also aimed to build awareness of OKT Chain’s technology and infrastructure among the wider blockchain community. By bringing together like-minded individuals with a shared interest in blockchain technology, the event helped to foster a vibrant and engaged community of developers that can promote the growth of the OKT Chain ecosystem.
Meet the Winners
The top five projects were awarded prizes based on their innovation, utility, and potential to positively change the industry. The winning teams were as follows:
Lite OKX bridge
For many game and NFT users, a single purchase rarely exceeds $25. Existing bridges are focused on large payments, which makes them redundant in terms of security and with a high entry threshold (from $30-50). This project proposed technical solutions for bridging small payments, and aims to lower the entry threshold for those who want to explore the OKT Chain ecosystem.
Thanks to the Lite OKX bridge, users will be able to transfer $2-5 from USDT on Polygon to OKTC in 1-2 minutes without commissions. This will allow them to access all projects on OKTC in one click. Thanks to the SDK, sites will be able to natively support this bridge and the user won’t have to leave the site.
Hexlink
The Hexlink platform offers a significant benefit by eliminating the need for users to set up a wallet before receiving tokens. Hexlink makes OKT Chain more user-friendly and accessible as it eliminates a barrier to entry for potential users who may not be familiar with the process of setting up a wallet. It also provides greater flexibility and convenience for users who can set up their accounts and wallets at a later time, when it is more convenient for them. This approach encourages more individuals to participate in activities on OKT Chain, thus driving the user adoption of the chain.
OKX Guardian
OKX Guardian was inspired by the need for a more secure and transparent way of managing a person’s digital assets after their passing. While some may opt for a lawyer to handle their will and distribute their crypto assets, there are inherent risks in entrusting private keys to a third party. In the event of a security breach, the private keys could be compromised, putting the entire estate at risk. OKX Guardian proposed a decentralized and trustless solution, ensuring that the wishes of the deceased are executed without any reliance on a single individual or institution.
Web3 Ads
A lack of transparency in the advertising marketplace due to intermediaries increases costs for both advertisers and publishers and leads to inefficiencies, distrust, and potential ad fraud. This project proposed smart contracts to make it possible for advertisers and publishers to use OKT Chain to buy and sell directly without intermediaries.
Petreat
Every year, 6.5 million dogs, cats, and other former pets are abandoned or lost and enter shelters. Of all these animals, only 3.2 million are adopted, and many see shelters again after less than a year of finding a new home. In order to provide suitable conditions for animals, shelters need regular donations.
Petreat collects donations from supporters and sends this amount to shelters in need. The project was developed with the belief that a reward system is also crucial to motivate and thank donors for their support. Petreat added a NFT reward system so that supporters receive a unique NFT in return for doing a good deed.
Top teams at the Hackathon received OKX tokens, Google Cloud credits, and other rewards. Senior executives from OKX and Google Cloud praised the participants for their hard work and innovation and encouraged them to continue exploring the possibilities of decentralized applications on the OKT Chain.
OKX and Google Cloud’s partnership in organizing the hackathon underscores their commitment to fostering innovation and creating a more decentralized future.
About OKX
OKX is the second largest global crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.
OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.
OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, visit: okx.com
About OKT Chain
OKT Chain is an EVM- and IBC-compatible L1 built on Cosmos with a focus on true interoperability and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKT Chain ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.
About Google Cloud
Google Cloud supports customers’ needs in building, transacting, storing value, and deploying new products on blockchain-based platforms. Customers choose Google Cloud to build on the industry’s cleanest cloud, to develop on Google’s world-class developer platform, and to ensure that data, applications, games, or digital assets like NFTs will be delivered on a stable, secure and trusted global network.
Contact
OKX
media@okx.com
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.
PRESS RELEASE. VICTORIA, SEYCHELLES, 5th April 2023, Chainwire. OKX, the second largest crypto exchange by trading volume and a leading Web3 technology company, has teamed up with Google Cloud to host the OKX Hackathon to drive growth and innovation of the blockchain ecosystem. The three-day event, held in Silicon Valley, aimed to encourage developers to build decentralized applications on OKT Chain, a leading layer 1 blockchain built on Cosmos.
Over 200 attendees joined the hackathon, forming 46 teams and submitting 32 projects that showcased the potential of decentralized, blockchain-based applications to transform various industries.
The OKX Hackathon also aimed to build awareness of OKT Chain’s technology and infrastructure among the wider blockchain community. By bringing together like-minded individuals with a shared interest in blockchain technology, the event helped to foster a vibrant and engaged community of developers that can promote the growth of the OKT Chain ecosystem.
Meet the Winners
The top five projects were awarded prizes based on their innovation, utility, and potential to positively change the industry. The winning teams were as follows:
Lite OKX bridge
For many game and NFT users, a single purchase rarely exceeds $25. Existing bridges are focused on large payments, which makes them redundant in terms of security and with a high entry threshold (from $30-50). This project proposed technical solutions for bridging small payments, and aims to lower the entry threshold for those who want to explore the OKT Chain ecosystem.
Thanks to the Lite OKX bridge, users will be able to transfer $2-5 from USDT on Polygon to OKTC in 1-2 minutes without commissions. This will allow them to access all projects on OKTC in one click. Thanks to the SDK, sites will be able to natively support this bridge and the user won’t have to leave the site.
Hexlink
The Hexlink platform offers a significant benefit by eliminating the need for users to set up a wallet before receiving tokens. Hexlink makes OKT Chain more user-friendly and accessible as it eliminates a barrier to entry for potential users who may not be familiar with the process of setting up a wallet. It also provides greater flexibility and convenience for users who can set up their accounts and wallets at a later time, when it is more convenient for them. This approach encourages more individuals to participate in activities on OKT Chain, thus driving the user adoption of the chain.
OKX Guardian
OKX Guardian was inspired by the need for a more secure and transparent way of managing a person’s digital assets after their passing. While some may opt for a lawyer to handle their will and distribute their crypto assets, there are inherent risks in entrusting private keys to a third party. In the event of a security breach, the private keys could be compromised, putting the entire estate at risk. OKX Guardian proposed a decentralized and trustless solution, ensuring that the wishes of the deceased are executed without any reliance on a single individual or institution.
Web3 Ads
A lack of transparency in the advertising marketplace due to intermediaries increases costs for both advertisers and publishers and leads to inefficiencies, distrust, and potential ad fraud. This project proposed smart contracts to make it possible for advertisers and publishers to use OKT Chain to buy and sell directly without intermediaries.
Petreat
Every year, 6.5 million dogs, cats, and other former pets are abandoned or lost and enter shelters. Of all these animals, only 3.2 million are adopted, and many see shelters again after less than a year of finding a new home. In order to provide suitable conditions for animals, shelters need regular donations.
Petreat collects donations from supporters and sends this amount to shelters in need. The project was developed with the belief that a reward system is also crucial to motivate and thank donors for their support. Petreat added a NFT reward system so that supporters receive a unique NFT in return for doing a good deed.
Top teams at the Hackathon received OKX tokens, Google Cloud credits, and other rewards. Senior executives from OKX and Google Cloud praised the participants for their hard work and innovation and encouraged them to continue exploring the possibilities of decentralized applications on the OKT Chain.
OKX and Google Cloud’s partnership in organizing the hackathon underscores their commitment to fostering innovation and creating a more decentralized future.
About OKX
OKX is the second largest global crypto exchange by trading volume and a leading Web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.
OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.
OKX partners with a number of the world’s top brands and athletes, including: English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, visit: okx.com
About OKT Chain
OKT Chain is an EVM- and IBC-compatible L1 built on Cosmos with a focus on true interoperability and maximized performance. At high scalability, developers can build and scale with low gas fees. The OKT Chain ecosystem and infrastructure, including the all-in-one multi-chain Web3 interface, enables a seamless experience for both developers and users.
About Google Cloud
Google Cloud supports customers’ needs in building, transacting, storing value, and deploying new products on blockchain-based platforms. Customers choose Google Cloud to build on the industry’s cleanest cloud, to develop on Google’s world-class developer platform, and to ensure that data, applications, games, or digital assets like NFTs will be delivered on a stable, secure and trusted global network.
Contact
OKX
media@okx.com
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized ... read more.
PRESS RELEASE. London, UK, 5th April 2023, Chainwire. Metacade, one of the most highly anticipated GameFi projects in 2023, has spectacularly sold out in its final stage presale, raising an impressive $16.4M.
The MCADE token is now set to list on Uniswap on the 6th of April at 7PM GMT. The token will list at a price of $0.022, a 10% rise from the final stage presale price and an attractive proposition to those investors who could not purchase during the sold-out presale. Metacade staking also opens on the same day, citing a 40% AAR.
Metacade’s CEO, Russell Bennett, stated, “I was delighted to see the final stage token presale sell out; it only reinforces my faith in the Metacade project. We’re driving ahead now with development and new partnerships, and I look forward to watching the token price as we list on exchanges in April and May.”
One of those partnerships will be with Metastudio, a revolutionary new gaming company focused on delivering exciting, avant-garde, and fresh mobile games to the Metacade arcade.
Metastudio was founded by Carlos Domingues, Manny Fragelus and Ted David. The team boasts impressive CVs, having worked on a number of significant media projects including Shrek, Pirates of the Caribbean, Transformers 2, and Kung Fu Panda.
Carlos Domingues expressed, “as we eagerly prepare to launch our latest game, Rune Realms, in just a few short months and continue to back other Web3 projects in developing their own games, this partnership arrives just in time to amplify our collective impact.”
Further details will be disclosed at the AMA at 5pm BST, on the 5th of April, between Metacade and Metastudio, hosted by the respective CEOs – Russell Bennett and Carlos Domingues.
There are various ways for MCADE digital currency holders to engage with its ecosystem. The recently launched online platform serves as a virtual gathering spot for gamers and investors, who can receive MCADE rewards for indulging in their favorite activity, i.e., gaming.
Furthermore, Metacade intends to motivate its holders to participate in a variety of promotions to help drive the product’s growth and adoption. This strategy will benefit the MCADE token value and provide opportunities for holders as long-term investment as well as a store of value within the ecosystem.
About Metacade
Metacade aims to transform the gaming industry by creating the largest play-to-earn (P2E) arcade available. The project seeks to establish a dynamic ecosystem that brings together gamers, developers, and cryptocurrency enthusiasts in one place. Here, they can engage with each other, enjoy a diverse range of gaming activities, and earn rewards for their participation. The release of the platform’s whitepaper has impressed investors and analysts, demonstrating the project’s innovation and potential.
Likened to other projects such as The Sandbox, Polygon, and Axie Infinity, the much-awaited P2E platform, Metacade, has obtained validation from CertiK, a leading blockchain auditor. This CertiK validation assures investors that Metacade’s code and specifications are verified and that the Metacade team has undergone the KYC process, thus instilling further trust in the project’s authenticity.
Learn more about how to buy MCADE and the upcoming exchange listings here.
Further information: Website | Whitepaper | Socials
Contact
CEO
Russell Bennett
Metacade
pr@metacade.co
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.
PRESS RELEASE. London, UK, 5th April 2023, Chainwire. Metacade, one of the most highly anticipated GameFi projects in 2023, has spectacularly sold out in its final stage presale, raising an impressive $16.4M.
The MCADE token is now set to list on Uniswap on the 6th of April at 7PM GMT. The token will list at a price of $0.022, a 10% rise from the final stage presale price and an attractive proposition to those investors who could not purchase during the sold-out presale. Metacade staking also opens on the same day, citing a 40% AAR.
Metacade’s CEO, Russell Bennett, stated, “I was delighted to see the final stage token presale sell out; it only reinforces my faith in the Metacade project. We’re driving ahead now with development and new partnerships, and I look forward to watching the token price as we list on exchanges in April and May.”
One of those partnerships will be with Metastudio, a revolutionary new gaming company focused on delivering exciting, avant-garde, and fresh mobile games to the Metacade arcade.
Metastudio was founded by Carlos Domingues, Manny Fragelus and Ted David. The team boasts impressive CVs, having worked on a number of significant media projects including Shrek, Pirates of the Caribbean, Transformers 2, and Kung Fu Panda.
Carlos Domingues expressed, “as we eagerly prepare to launch our latest game, Rune Realms, in just a few short months and continue to back other Web3 projects in developing their own games, this partnership arrives just in time to amplify our collective impact.”
Further details will be disclosed at the AMA at 5pm BST, on the 5th of April, between Metacade and Metastudio, hosted by the respective CEOs – Russell Bennett and Carlos Domingues.
There are various ways for MCADE digital currency holders to engage with its ecosystem. The recently launched online platform serves as a virtual gathering spot for gamers and investors, who can receive MCADE rewards for indulging in their favorite activity, i.e., gaming.
Furthermore, Metacade intends to motivate its holders to participate in a variety of promotions to help drive the product’s growth and adoption. This strategy will benefit the MCADE token value and provide opportunities for holders as long-term investment as well as a store of value within the ecosystem.
About Metacade
Metacade aims to transform the gaming industry by creating the largest play-to-earn (P2E) arcade available. The project seeks to establish a dynamic ecosystem that brings together gamers, developers, and cryptocurrency enthusiasts in one place. Here, they can engage with each other, enjoy a diverse range of gaming activities, and earn rewards for their participation. The release of the platform’s whitepaper has impressed investors and analysts, demonstrating the project’s innovation and potential.
Likened to other projects such as The Sandbox, Polygon, and Axie Infinity, the much-awaited P2E platform, Metacade, has obtained validation from CertiK, a leading blockchain auditor. This CertiK validation assures investors that Metacade’s code and specifications are verified and that the Metacade team has undergone the KYC process, thus instilling further trust in the project’s authenticity.
Learn more about how to buy MCADE and the upcoming exchange listings here.
Further information: Website | Whitepaper | Socials
Contact
CEO
Russell Bennett
Metacade
pr@metacade.co
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.
PRESS RELEASE. ProBit Global, a top 20 cryptocurrency exchange, looks forward to continued success in launching exciting and promising crypto projects through its IEO platform, while providing its users with unparalleled profit opportunities.
ProBit Global remains buoyant on Initial Exchange Offerings
While the past few years have seen significant challenges in the cryptocurrency IEO space, ProBit Global has shown no signs of slowing down as the exchange aims to offer its customers and users outstanding value when it comes to budding blockchain-based projects.
Since 2019, ProBit Global has built a wealth of experience in creating and tailoring Initial Exchange Offerings, successfully running over 400 rounds of IEO. For clients looking to launch their blockchain projects, ProBit Global’s proven record of IEO fundraising can provide the impetus needed to reach their development goals. For users on the ProBit Global exchange, IEOs continue to offer affordable entry points into exciting blockchain projects, along with early access to crypto tokens boasting huge upside potential.
Building a trusted IEO platform
Despite recent downturns in market activity, ProBit Global has managed to retain its position as a leading crypto IEO platform. Clients and users can be confident that the exchange’s experienced team adheres to stringent regulatory practices. Users can rest assured that IEO projects are thoroughly vetted, with a wide range of checks required before projects are successfully launched.
Unlike other cryptocurrency exchanges, ProBit Global is proactive in introducing projects at early stages, which can generate large-scale long-term gains.
An exciting IEO opportunity awaits
ProBit Global’s latest IEO features a project called Spread Wisdom (SWIM), the world’s first wisdom utility platform to offer rewards. SWIM aims to empower and engage users by providing incentives created by a world-class team of researchers and quantitative experts in the blockchain and gaming industry. This blockchain-based effort is an innovative and exciting way for the new generation to learn about financial literacy and promote critical thinking and problem-solving skills.
Users interested in participating in the SWIM – Spread Wisdom IEO can get a 15% token bonus by purchasing SWIM using PROB, the native utility token of the ProBit Global platform. Alternatively, users can gain a 7% token bonus by purchasing SWIM using USDT, BTC or ETH.
With Round 2 of the SWIM – Spread Wisdom IEO currently underway, investors can take advantage of a lower buy-in price and a highly favorable vesting period. Find out more about this exciting IEO opportunity here.
Notable ProBit Global IEOs
Proof of ProBit Global’s success in the crypto IEO space is evident in the long-term price gains of projects such as VERASITY (VRA), Steemhunt (HUNT) and SmartKey (SKEY), to name a few. The VERASITY IEO allowed investors to buy in at $0.015 and reached gains of 5.8X, with an all-time high of $0.0869. Both HUNT and SKEY tokens saw prolific gains from their IEO prices of $0.02 and $0.03, to ATHs of $2 and $0.32 respectively.
What next for IEOs on ProBit Global?
IEOs on ProBit Global can provide a major boost to fledgling projects, as the exchange is able to provide significant reach and exposure by marketing the token to their various regional user bases, while also building investor confidence thanks to extensive security measures. ProBit Global’s comprehensive suite of marketing activities allow companies to tap into rapidly growing crypto markets across the globe, with active communities across the Asia-Pacific and European regions.
As of April 2023, Probit Global has launched more than 170 crypto projects, raising over $50 million dollars in funding. The exchange plans to retain IEO as a staple of its arsenal as a highly cost-effective means of generating capital for promising blockchain projects.
About ProBit Global
Founded in 2018, ProBit Global is a Top 20 cryptocurrency platform featuring access to more than 800 cryptocurrencies and over 1000 different markets. ProBit Global aims to position itself as a world-class exchange for both crypto enthusiasts and novice investors, and boasts a user base of more than 2,000,000 active users, globally.
With a powerful crypto trading interface, easy integration for automated crypto trading bots, fiat on-ramp support for 45 currencies, and a multilingual website in 46 languages, ProBit Global has all the features to make your cryptocurrency trading experience easy.
To learn more, visit probit.com.
ProBit Global Telegram: https://t.me/ProBitGlobalOfficial
DISCLAIMER:
The information provided on this website is for informational purposes only and does not constitute financial advice. ProBit Global is not responsible for any losses or damages arising from the use of this website or any of the information contained herein. Trading in cryptocurrencies carries a high level of risk and may not be suitable for all investors. We strongly recommend that you seek independent financial advice before making any investment decisions.
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Bitcoin.com is the premier source for everything crypto-related. Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.
Image Credits: Shutterstock, Pixabay, Wiki Commons
Today's Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.
Source From : News