Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing about the project’s take on meme coin staking, which has helped it raise over $5 million in early funding. With just four weeks until the STARS token presale ends, could this be the last chance to get in on […] Source
The CEO of fallen crypto exchange FTX says the firm will begin distributing its bankruptcy payments soon. In a statement, John Jay Ray III says payments to FTX creditors and customers will begin early next year amid anticipation that the company’s court-approved Chapter 11 Plan of Reorganization will be effective by early January 2025. “We are pleased to announce that we will begin distributing proceeds in early 2025. The timeline laid out reflects the experience and continued work of the team of professionals supporting the Debtors, who already have recovered…
November 21, 2024 – San Francisco, California DeFi (Decentralized finance) blockchain CrossFi has announced that its native XFI token will be listed on tier-one crypto exchange Gate.io. The token will commence trading at 4:00 a.m. PST on November 21, 2024, paired against USDT. CrossFi seamlessly integrates traditional banking services with blockchain technology to provide users with a smooth and secure financial experience. The listing of XFI on Gate.io will make it easier for users to acquire CrossFi’s native asset and utilize it with the growing CrossFi ecosystem of DeFi products.…
The Rise of Crypto Exchange Tokens as Blue Chips Institutional interest in cryptocurrencies is surging, driven by the success of spot Bitcoin ETFs and increasing adoption of blockchain technologies. While much of the crypto market remains speculative, exchange tokens, the native cryptocurrencies of trading platforms, are well-positioned to become the blue-chip investments of the digital finance era, offering both stability and exponential growth opportunities. What Are Crypto Exchange Tokens? Crypto exchange tokens serve as utility tokens for trading platforms, offering fee discounts, rewards, and other benefits. Unlike traditional cryptocurrencies like…
Market analytics platform Arkham Intelligence is announcing the launch of a new spot trading exchange. In a new thread on the social media platform X, the crypto intelligence firm says it plans to start a new spot trading service in the US, launching as soon as next week. However, Arkham notes that some US users will have to wait until the platform is fully regulated. “Eligibility varies by jurisdiction. Users residing in the United States will be excluded from onboarding until onboarding is legally permitted in their country and state.”…
A social media company that’s majority-owned by US President-elect Donald Trump is reportedly in talks to acquire Bakkt, a crypto trading and custody firm backed by Intercontinental Exchange Inc. The Financial Times, citing “two people with knowledge of the talks,” reports that the Trump Media and Technology Group, which operates Truth Social, a microblogging platform, is in the advanced stage of talks to acquire Bakkt for an undisclosed amount in an all-stock deal. As of the market close on November 18th, Trump Media & Technology Group Corp (NASDAQ: DJT) had…
Crypto investors are buzzing as Pepe Unchained (PEPU) prepares to launch what might be the most talked-about meme coin of 2024. With its presale having passed the $40 million mark, Pepe Unchained has entered the final countdown before its long-awaited debut on a top exchange. FOMO Ramps Up as Pepe Unchained’s Presale Smashes $40M Mark […] Source
As the crypto space chases mainstream success, one of the institutions within it that has led the charge is crypto exchanges. This is to be expected as crypto exchanges are one of the most important businesses, helping investors to buy and sell their assets. On top of this, the state of crypto exchanges is typically […] Source BitcoincryptoexchangeExchanges CryptoX Portal
“Tokenized real-world assets, and in particular funds, are really gaining momentum,” said Graham Rodford, CEO and co-founder of Archax, in the release. “The industry sees the path to additional distribution and liquidity that tokenization brings, as well as the new innovative use cases like collateral transfer,” Rodford added. Source
Sentiment analysis of social media platforms, done through a branch of AI known as Large Language Models (LLMs), have been applied to traditional trading in stuff like Apple or Nvidia stock. But when it comes to so-called Crypto Twitter, the signal is about an order of magnitude noisier, and is also driving a huge amount of retail trading, according to Yu Hu, CEO of Kaito. Source