LBank, one of the top crypto exchanges established in 2015, recently held an Initial Exchange Offering (IEO) for PINS, a content-driven social networking and GameFi platform. The IEO was a success, with 34,587 participants investing a combined 51,556,343 USDT. The IEO had a hard cap of $1000 in USDT for those who reached the maximum […]
Bitget, a leading cryptocurrency exchange, is hosting the King’s Cup Global Invitational (KCGI) 2023, a crypto trading tournament with a prize pool of up to 2,650,000 USDT. The tournament includes a Spot Trading Contest, Demo Trading Contest, and Futures Trading Contest, as well as special events such as a roulette game and live roulette session. […]
The U.S. Securities and Exchange Commission (SEC) recently delayed decisions on all Bitcoin (BTC) Exchange Traded Fund (ETF) applications until October. This caused a market-wide pullback, resulting in $130 million in liquidations over the last 24 hours.Prominent firms, such as BlackRock, Valkyrie, WisdomTree, Invesco Galaxy, Bitwise, and Wise Origin, had their applications delayed. Bloomberg analysts […]
DonAlt, a top crypto trader, has revealed his forecast for Bitcoin (BTC) if a hotly anticipated Bitcoin investment product gets the regulatory nod. DonAlt told his 53,000 YouTube subscribers that Bitcoin could rally modestly if a spot BTC exchange-traded fund (ETF) is authorized in the United States. Earlier this week, a U.S. court ruled that […]
The non-fungible token (NFT) market has seen a slight downturn in the past seven days, recording a trading sales volume of $83 million, a 13% drop from the past week. Ethereum-based NFTs have been the most traded NFT collection this week, recording a sales volume of $49 million, a 17% drop from the past week. […]
The People’s Fund of Maui, a relief fund championed by A-list celebrities Oprah Winfrey and Dwayne ‘The Rock’ Johnson, is accepting donations in cryptocurrencies to help those affected by the wildfires on the island of Maui, Hawaii. The fund will provide direct financial support to those affected, with every adult resident who lives in the […]
Grayscale Investments recently won a landmark victory over the US Securities and Exchange Commission, which could be a huge turnaround for the entire crypto industry. The SEC had previously rejected the firm’s request to convert its Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin offering. A three-judge panel agreed that the denial of Grayscale’s proposal […]
The Terra Luna Classic community is abuzz with excitement over a revolutionary proposal to introduce a decentralized debit card specifically designed for LUNC, the native cryptocurrency. The debit card aims to skyrocket utility and transactions within the ecosystem, promising a seismic shift in how cryptocurrency is used in everyday life. Proposal 11750, dubbed the “LUNA […]
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on multiple pending Bitcoin ETF applications, including those from major investment firms such as WisdomTree, BlackRock, Fidelity, VanEck, and Invesco Galaxy. Following the announcement, Bitcoin’s market value experienced a 5% decline, tumbling down to $26,100.The delay comes in the wake of Grayscale’s […]
Salesforce Inc (NASDAQ: CRM) reported strong results in its second-quarter earnings call, with adjusted earnings of $2.12 per share and overall revenue of $8.60 billion. This marks an 11% rise in revenue in the fiscal second quarter compared to the previous year. The company’s stocks spiked around 7%, taking the salesforce share price above the […]
