Today Bitfinex enters the popular business of initial exchange offering (IEO). The first sale on the new platform called Tokinex will be announced this Thursday 23rd May.
On May 17, Matic Network cryptocurrency token has surged by more than 75 %. One of the main reasons could be a recently announced integration of Matic’s Plasma and PoS sidechain network with the Decentraland ecosystem and the fact that the token is funded by Coinbase Ventures.
In this article, we will be exploring the main reasons why IEOs may, in fact, drive a flock of new investors into the crypto market.
OXEx announced the launch of TRON (TRX) futures trading scheduled to become available on the exchange platform starting from 8:00 [CET, UTC+1] on May 20.
Chiliz and Binance Chain have joined forces to facilitate the crypto journey of such prominent clubs in the football space as Juventus and Paris Saint-Germain.
Increasing regulatory oversight and the latest progression made in the crypto movement means that users are tasked with keeping track of their cryptos in a clear and auditable way. Maybe it’s time to turn to crypto accounting software?
Even though there was hope that eBay may be delving into Bitcoin and cryptocurrency, the hopes were shattered after their spokeperson said that cryptocurrency is not a part of their payments strategy.
Binance’s Harmony IEO will follow a lottery format. The total token supply makes up 12,600,000,000 ONE tokens, 12.5% of which will be allocated to Binance Launchpad.
Binance resumes its activities after a forced suspension due to the security reasons. Binance Coin (BNB) price climbs high in reaction to the news.
The approval of a regulated crypto derivative this year is now looking less likely, as the SEC has once again delayed its decision on whether to approve the Bitcoin ETF proposed by asset manager Bitwise. However, Bitwise remains optimistic.
Valerie Szczepanik, the US SEC Advisor for Digital Assets and Innovation, noted that exchanges seeking to list IEO tokens for a fee could face regulatory issues.
eBay, the US-based e-commerce behemoth, is rumored to make a foray into crypto after its Consensus ads recently leaked online. If eBay does open arms for crypto payments, it could be a boon for adoption.
Currently, all withdrawal and deposit actions are marked as ‘Suspend’ and cannot be carried out on Binance.
Bitcoin price rallied significantly above $6,800 and $7,000 against the US Dollar. BTC seems to be following a nasty uptrend and analysts claim that it could even test $7,800 or $8,000 in the coming sessions.
Bitcoin price makes massive gains moving closer to its crucial resistance of $7000 level. Crypto analysts call this a beginning of the new bull run in the market.