Home / Ripple News /CPCoin (CPC) Is Now Available For Trading On LBank Exchange

CPCoin (CPC) Is Now Available For Trading On LBank Exchange

20 Jan 2023

According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This news follows a report from Semafor at the end of November 2022 stating that Coindesk had received takeover solicitations from several investors.

Investors are reportedly considering purchasing the cryptocurrency news publication Coindesk after a subsidiary of Digital Currency Group (DCG), Genesis Global Capital, filed for bankruptcy protection. Coindesk is an independently operated news and conference business that is wholly owned by DCG.

According to Charles Hoskinson, co-founder of Ethereum and founder of Cardano, sources familiar with the matter have indicated that the asking price for the news outlet Coindesk is around $200 million. Hoskinson has expressed interest in purchasing Coindesk, as stated in a Youtube video titled “Buying Coindesk.”

Hoskinson’s $200 million quote is less than the estimate given to Semafor at the end of Nov. 2022 when sources informed the news publication that investors were interested in buying Coindesk. At that time, Semafor’s Bradley Saacks and Liz Hoffman reported that there was a “suggested $300 million purchase price.” The report added that people familiar with the matter stated that the $300 million estimate was “considered too low.”

Semafor’s Bradley Saacks said Coindesk generates most of its revenue from events such as the Consensus conferences and advertising. Saacks notes that the revenue “pool of both is shrinking fast.” In addition to Charles Hoskinson, Wang Feng, the founder of China-based news publication Marsbit, has also announced intentions to purchase the publication. Marsbit is a news publication backed by Binance, the largest cryptocurrency exchange by trade volume.

Wang announced on Jan. 18, 2023, that Marsbit is willing to “organize a number of well-known funds to jointly acquire and integrate Coindesk,” according to the founder’s tweet. He also stated that the Consensus conference business would be included in the acquisition. Coindesk was originally founded in 2013 by entrepreneur Shakil Khan, who is also the co-founder of Prima Materia and an early investor in Bitpay.

Coindesk was acquired by DCG in Jan. 2016, for an estimated amount of $500,000 to $600,000, according to a report by Techcrunch reporter Lucas Matney. Coindesk published an article about the acquisition, noting that they were “excited” to join DCG and mentioning that DCG had been one of Coindesk’s “earliest investors and supporters.”

What do you think about the expressed interest in purchasing Coindesk by investors like Charles Hoskinson and Marsbit founder Wang Feng? 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.

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.

According to various reports, investors are reportedly interested in purchasing Coindesk, a cryptocurrency news publication. On Jan. 18, Wang Feng, founder of China-based news publication Marsbit, announced his intentions to purchase Coindesk along with other members of the crypto industry. This news follows a report from Semafor at the end of November 2022 stating that Coindesk had received takeover solicitations from several investors.

Investors are reportedly considering purchasing the cryptocurrency news publication Coindesk after a subsidiary of Digital Currency Group (DCG), Genesis Global Capital, filed for bankruptcy protection. Coindesk is an independently operated news and conference business that is wholly owned by DCG.

According to Charles Hoskinson, co-founder of Ethereum and founder of Cardano, sources familiar with the matter have indicated that the asking price for the news outlet Coindesk is around $200 million. Hoskinson has expressed interest in purchasing Coindesk, as stated in a Youtube video titled “Buying Coindesk.”

Hoskinson’s $200 million quote is less than the estimate given to Semafor at the end of Nov. 2022 when sources informed the news publication that investors were interested in buying Coindesk. At that time, Semafor’s Bradley Saacks and Liz Hoffman reported that there was a “suggested $300 million purchase price.” The report added that people familiar with the matter stated that the $300 million estimate was “considered too low.”

Semafor’s Bradley Saacks said Coindesk generates most of its revenue from events such as the Consensus conferences and advertising. Saacks notes that the revenue “pool of both is shrinking fast.” In addition to Charles Hoskinson, Wang Feng, the founder of China-based news publication Marsbit, has also announced intentions to purchase the publication. Marsbit is a news publication backed by Binance, the largest cryptocurrency exchange by trade volume.

Wang announced on Jan. 18, 2023, that Marsbit is willing to “organize a number of well-known funds to jointly acquire and integrate Coindesk,” according to the founder’s tweet. He also stated that the Consensus conference business would be included in the acquisition. Coindesk was originally founded in 2013 by entrepreneur Shakil Khan, who is also the co-founder of Prima Materia and an early investor in Bitpay.

Coindesk was acquired by DCG in Jan. 2016, for an estimated amount of $500,000 to $600,000, according to a report by Techcrunch reporter Lucas Matney. Coindesk published an article about the acquisition, noting that they were “excited” to join DCG and mentioning that DCG had been one of Coindesk’s “earliest investors and supporters.”

What do you think about the expressed interest in purchasing Coindesk by investors like Charles Hoskinson and Marsbit founder Wang Feng? 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.

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.

Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point.

Cosmos (ATOM), was one of Friday’s notable gainers, as the token moved closer to a key resistance level.

Following a low of $11.70 on Thursday, ATOM/USD raced to an intraday peak of $12.38 earlier today.

As a result of this move, cosmos moved towards a resistance point at the $12.50 level, which was last hit on Monday.

Looking at the chart, the 14-day relative strength index (RSI) is also hovering near a ceiling of its own, at 66.00.

Currently, the index is tracking at 65.85, which could lead to marginal consolidation, with earlier bulls opting to liquidate their positions.

However, should this aforementioned ceiling be broken, then it is likely that ATOM could move towards $13.00.

Like ATOM, solana (SOL) also edged higher, as the token continued to move away from a support point at $20.00.

SOL/USD rose to a high of $21.77 earlier in the session, and followed on from a low of $20.53 the day prior.

Today’s rally sees solana in a bullish attempt to regain market momentum, following recent declines in price.

As can be seen on the chart, the move took place despite the RSI remaining below its own ceiling at 68.00.

Due to this, earlier gains have somewhat eased, as traders seemed to be preparing for another reversal.

Currently solana is trading at $21.43, with longer-term bulls still likely targeting an exit at the $24.00 mark.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, atom, Cosmos, SOL, Solana

Could solana maintain this rally over the next few weeks? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis. He was previously a brokerage director and online trading educator. Currently, he acts as a commentator across 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.

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.

Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced from a key support point.

Cosmos (ATOM), was one of Friday’s notable gainers, as the token moved closer to a key resistance level.

Following a low of $11.70 on Thursday, ATOM/USD raced to an intraday peak of $12.38 earlier today.

As a result of this move, cosmos moved towards a resistance point at the $12.50 level, which was last hit on Monday.

Looking at the chart, the 14-day relative strength index (RSI) is also hovering near a ceiling of its own, at 66.00.

Currently, the index is tracking at 65.85, which could lead to marginal consolidation, with earlier bulls opting to liquidate their positions.

However, should this aforementioned ceiling be broken, then it is likely that ATOM could move towards $13.00.

Like ATOM, solana (SOL) also edged higher, as the token continued to move away from a support point at $20.00.

SOL/USD rose to a high of $21.77 earlier in the session, and followed on from a low of $20.53 the day prior.

Today’s rally sees solana in a bullish attempt to regain market momentum, following recent declines in price.

As can be seen on the chart, the move took place despite the RSI remaining below its own ceiling at 68.00.

Due to this, earlier gains have somewhat eased, as traders seemed to be preparing for another reversal.

Currently solana is trading at $21.43, with longer-term bulls still likely targeting an exit at the $24.00 mark.

Register your email here to get weekly price analysis updates sent to your inbox:

Tags in this story
Analysis, atom, Cosmos, SOL, Solana

Could solana maintain this rally over the next few weeks? Let us know your thoughts in the comments.

Eliman brings an eclectic point of view to market analysis. He was previously a brokerage director and online trading educator. Currently, he acts as a commentator across 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.

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.

PRESS RELEASE. INTERNET CITY, DUBAI, Jan 19, 2023 – LBank Exchange, a global digital asset trading platform, has listed CPCoin (CPC) on January 19, 2023. For all users of LBank Exchange, the CPC/USDT trading pair is now officially available for trading.

CryptoPerformance is disrupting the crypto industry through its internal and highly developed blockchain, the CPCx0 Chain, its native coin CPCoin, and a buy and hold platform – which together ensure a one-stop-shop for all crypto users and high-quality products and services. Its native coin CPCoin (CPC) has been listed on LBank Exchange at 9:00 UTC on January 19, 2023, to further expand its global reach and help it achieve its vision.

Introducing CryptoPerformance Group

CryptoPerformance Group is a one-stop solution for all crypto-related needs, setting it apart from competitors by offering multiple digital solutions and products to individuals and corporations. It has built and financed its own in-house developed blockchain the CPCx0 Chain, featuring sub-currencies and NFTs, its native coin CPC, which was launched without an ICO as well as a global fintech platform CryptoPerformance BANQ offering assets and other projects with blockchain based solutions.

CP BANQ Asset is the newest digital asset project that allows holders to benefit from the global fees generated by selected CP BANQ products. The project will use the global fees to reinvest into R&D and marketing as well as issue premiums to its holders.

CryptoPerformance has a growing global community, and is focused on building a strong future, through innovation, it’s evolving ecosystem, new product launches and marketing.

The global crypto community has been growing slowly compared to the interest and rise of the digital economy. Coins are strongly neglected due to fascination in price, while the belief behind the coin is lost. CryptoPerformance Platform was created to solve these challenges. Building a strong and stable community allows to generate continuous demand for the coin. Such a task requires meticulous approach, and is a long-term approach, guaranteeing the success of the coin and company strategy supporting it.

The CPCx0 Chain was developed in-house and is home of the CPCoin. It features ultra-low fees, strong security and fast transaction speeds (1 block = 5000 transactions in under 15 seconds). Users can create their own Cx0 Token on the CPCx0 Chain, and build personalized customer service for them or their business with their own branding. They can also create their own secure wallet in their own style, brand, and colors with its fully white-labeled service.

Furthermore, through CPCx0 Chain, users can even create their own block explorers that can show the details of all transactions that have ever happened on a blockchain network, and also get access to a fully tested crypto app for their communities, companies, and brands.

In addition to CPCx0 Chain, there’s also the CryptoPerformance Platform acting as a buy and hold crypto service. Top 20 cryptocurrencies are offered with training courses for inexperienced users, allowing them to learn the megamarket, and be able to participate in it. Experienced crypto-enthusiasts have the possibility to participate in the market and earn coins with specially created products on the platform. Fees acquired from purchases, exchanges and delivery of coins are paid via the CPCoin, and are paid instantly. This allows for a strong ecosystem creation where CPCoins are circulated automatically, and the ecosystem will remain reliable and secure with continuous growth.

With all above features, CryptoPerformance Group is here to promote coins that have a good relevance to the market and provide a stable and strong community that offers financial growth and development solutions to its users. It aims to become an innovative technological hub with a full range of products and solutions covers all client and business needs.

About CPCoin

CPC is scarce digital money similar to Bitcoin and Ethereum. It is a 100% “Proof of Stake” cryptocurrency and is the native coin of the CPCx0 Chain. The CPCoin have their own Decentralized & Secure Smart Wallet (Cx0).

The CPC ecosystem is new form of a digital environment that provides many innovative decentralized financial (DeFi) and business solutions, created for all CPC holders. All fees on the platform and chain are processed via the CPC.

The project is intertwined with the CryptoPerformance Platform, the first buy-and-hold global crypto platform, which allows crypto currencies to be accessible to everyone, using complex, innovative, fully automated software. Fees applying to every purchase are payable in CPC ensuring that the CPCoin is permanently circulated on the market, with constant generated demand.

CPCoin was launched without an ICO and was listed immediately on exchanges. It is available today via secondary distribution to the global community. The advantage behind this is that with time the 250 million total supply will be reached. CPC has been listed on LBank Exchange at 9:00 UTC on January 19, 2023, investors who are interested in the CPCoin investment can easily buy and sell CPC on LBank Exchange right now. The listing of CPC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about CPCoin:

Official Website: https://cpcoin.io

Explorer: https://peerexplorer.cpcoin.io/

Telegram: https://t.me/CPCoinOfficial

Twitter: https://twitter.com/CryptoPerforma1

Instagram: https://www.instagram.com/cryptoperformance/

Facebook: https://www.facebook.com/cryptoperformance/

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

Community & Social Media:

l Telegram

l Twitter

l Facebook

l LinkedIn

l Instagram

l YouTube

Contact Details:

LBK Blockchain Co. Limited

LBank Exchange

marketing@lbank.info

business@lbank.info

 

 

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.

Source From : News

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