TL;DR Cryptocurrency exchange OKX is set to remove 17 trading pairs in two phases at the end of October. While the exact rationale wasn’t provided, OKX emphasized its routine review of the performance and listing qualifications of trading pairs. Despite XRP being part of the delisting, its price remains on the rise, recently hitting a two-month peak of around $0.58. The leading cryptocurrency exchange – OKX – revealed that it will remove 17 spot trading pairs from its...
Read More »Bakkt Partners With David Marcus’ Lightspark to Bring UMA to the Lightning Network
Bakkt, the New York-based digital assets platform, has joined LightSpark as one of the first partners in a bid to offer Universal Money Address (UMA) for KYC-verified transactions on top of the Lightning Network for B2B clients. LightSpark is headed by CEO David Marcus, who was previously in charge of Meta’s ambitious Diem project that never went live. Marcus’s new company has launched a service to make fast transactions leveraging Bitcoin on scaling solution, the Lightning...
Read More »ChainGPT Announces $50,000 Airdrop in Partnership with CoinMarketCap
Meanwhile, CoinMarketCap recently announced its entry into the Artificial Intelligence (AI) industry with the release of a ChatGPT plugin. ChainGPT, the innovative AI infrastructure network designed for Web3, has unveiled a groundbreaking partnership with CoinMarketCap to introduce an enticing $50,000 airdrop of $CGPT tokens to crypto enthusiasts. The ChainGPT Airdrop Mechanics ChainGPT highlighted in a press release shared with Coinspeaker that the airdrop initiative aims to empower up to...
Read More »Worst Bitcoin (BTC) Price Prediction? Pro-Ripple Lawyer Mocks Jim Cramer
TL;DR After Jim Cramer’s sell advice in December 2022, Bitcoin nearly doubled from below $18,000 to over $34,000. Cramer wrongly encouraged crypto investments in early 2022, leading to a market downturn. Cramer’s endorsement of Silicon Valley Bank shares preceded its collapse a month later. Cramer ‘Called the Bottom’ John E Deaton – an American lawyer representing thousands of Ripple investors in the lawsuit against the US Securities and Exchange Commission (SEC) – was among...
Read More »Friend.Tech User Dumps Keys Worth $1.5M on Ethereum Just to Move to a Bitcoin-Based Alternative
In the dynamic world of SocialFi, where the battle for supremacy is relentless, a certain Friend.Tech user made waves by dumping 850 ether (ETH) worth of keys on Monday. This move was followed by a switch to a rival platform, New Bitcoin City (NBC), a social app built on the Bitcoin blockchain. NBC Surges as Friend.Tech Sees Outflows This development comes at a critical point for Friend.Tech, which, while initially a trailblazer in the SocialFi space, is now facing stiff...
Read More »Year-to-Date Inflows to Solana Hit $74 Million as SOL Price Shot Above $30: CoinShares
Market sentiment has experienced a significant upturn, with a noticeable trend in digital asset investment products attracting inflows for four consecutive weeks, accumulating a total of $66 million. This recent four-week streak of inflows has now reached $179 million. Following a recent increase in prices, the total Assets under Management (AuM) have surged by 15% from their September lows, reaching nearly $33 billion, marking the highest point since mid-August, according to...
Read More »Bitcoin (BTC) Price Tumbles as BlackRock Spot ETF Ticker Removed
The Depository Trust and Clearing Corporation (DTCC) removed BlackRock’s Bitcoin ETF, iBTC, from its ETF list shortly after its addition on Monday. Bitcoin’s price dropped by 3% in response, falling from $34,527 to $33,432 within 30 minutes shortly after the removal was noticed. The drop appears to have triggered $37 million in long liquidations across the crypto market within the past hour, according to CoinGlass. Bloomberg analyst James Seyffart speculated that the...
Read More »Coca-Cola Reports Strong Q3 2023 Results Defying Industry Expectations
Coca-Cola is one of the few beverage and food companies worldwide still standing strong despite the ongoing global financial meltdown. Coca-Cola Co (NYSE: KO), the global beverage giant, has demonstrated impressive resilience in its recently reported third-quarter (Q3 2023) earnings, beating analysts’ estimates and raising its outlook for the full year. The company reported net sales of $11.91 billion, indicating an 8% increase from the previous quarter, with organic (non-GAAP) revenue...
Read More »Roobet Cup Launches $1 Million Pick-em Contest and CS2 Skin Giveaway on Free-to-Play Roobet.fun
[PRESS RELEASE – London, United Kingdom, October 24th, 2023] Fans Everywhere Can Compete to Win $1,000,000 in Crypto and Enter to Win Over $50K Worth of CS2 Skins During the Roobet Cup Oct. 25 – Nov. 2 Roobet, the pioneering entertainment brand, and next-generation crypto casino, is revolutionizing the way fans can experience esports tournaments with a first-of-its-kind $1,000,000 Roobet Picks contest. The million-dollar tournament will be held on the company’s completely...
Read More »Blockchain E-Ticketing Platform UTIX Announces Major Exchange Listing on BitMart
[PRESS RELEASE – Birkirkara, Malta, October 24th, 2023] UTIX, the blockchain-based e-ticketing platform that provides event organizers across the globe with the ability to sell online tickets, has announced its native $UTIX cryptocurrency reward token will be available to buy and sell on the BitMart exchange from October 31. The UTIX platform is a software-as-a-service offering that provides comprehensive and highly customizable e-ticketing solutions to event organizers. It’s...
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