The IDG-backed cryptocurrency trading platform KuCoin recently launched its affiliate derivatives platform – KuMex initiating a ceaseless Bitcoin contract leveraging to the tune of 20x.
CoinMarketCap has made its first-ever acquisition. The company acquired is Hashtag Capital, a startup involved in developing algorithms that analyze ‘all points of available liquidity’ to more accurately reflect an asset.
Justin Sun posted a tweet sounding very promising. He wrote that “something huge and amazing” is going to happen with Tron and BitTorrent. He promised the details after June 1. The market did respond to it with the TRX price showing a nearly 14% surge.
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.
In this article, we want to in-depth explain the benefits of IEO for your business and its limitation. Nonetheless, to give ultimate tips on how to run a profitable IEO project.
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.
CoinMarketCap Data Accountability and Transparency Alliance has already been joined by Binance, Bittrex, OKEx, Huobi, Liquid, UpBit, IDEX, OceanEX, Gate.io, KuCoin, HitBTC and Bitfinex.
As IEOs are becoming more and more prevalent holding the potential of replacing ICOs as the most popular fundraising model, you might ask “which are the ones worth watching?”. Here’re three IEO projects you should keep an eye on right now.