Phoenix Global’s official token supply was lowered from 3.5 billion to 35 million. After the switch, the new PHB tokens traded 100 times higher than the old ones. According to CoinMarketCap, a relatively obscure cryptocurrency rose 5,600% in only four minutes on Nov. 5. Phoenix Global (PHB) rose from $0.02057
SINGAPORE, 4 November 2021 – Cabital, a leading digital assets institution, today announced that it seeks to apply for formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital payment token services as a Major Payment Institution. Securing regulatory approval under the
AscendEX is thrilled to announce the Listing of the Convergence token (CONV) under the trading pair CONV/USDT on AscendEX, Starting on Nov 5 at 1 p.m. UTC. Convergence is the first AMM that makes private tokens interchangeable in the DeFi space by fractionalizing them using a single easy-to-use interface that
Altcoins are the recent attractions of the entire crypto market with unique developments and services. Even the new faced crypto tokens are grabbing the users attention in wide space. Besides, altcoins are the major reason for the huge market capitalization of the crypto market. To add more interest for the users,
Armstrong’s subsequent remarks have rekindled suspicions among the XRP Army. The SEC threatened to prosecute the publicly listed business for its unreleased Lend product. Coinbase CEO Brian Armstrong has backed Ripple in its legal fight with the SEC. However, Armstrong’s subsequent remarks have rekindled suspicions among the XRP Army that
The crypto market has achieved great heights in terms of popularity and adoption taking a major role in the future financial sector. Additionally, the crypto industry has taken its long bullish trend recently, where the charts of all cryptocurrencies were displaying greenish signals. On the other hand, meme-currencies were equally
AscendEX is thrilled to announce the launch of the listing of the SX Network token (SX) under the trading pair SX/USDT starting on Nov 4 at 1 p.m. SX Network is the Blockchain Ecosystem for Sports Betting, Prediction Markets, and DeFi. SX Network is a stand-alone smart contract blockchain built
After hitting fresh highs, the ETH price looks to have paused. About 100K ETH was burnt last week, potentially increasing the supply. Ethereum is now exhibiting tremendous positive momentum, in the same way as Polkadot and Solana have. The price of Ethereum (ETH) has been slowly growing, avoiding any significant
Once the neckline is challenged, the AVAX price may rebound over $80. The price is already testing the pattern’s neckline and may break shortly. The crypto industry is heating up as more crypto assets go out of their comfort zones. Bitcoin price hovers around $63,000, with domination in a downward
Additional Series B investors include Alameda Research, Jump Capital, Uncorrelated Ventures, Eterna Capital, Acheron Trading, Palm Drive Capital, and Nothing Research Singapore — November 3, 2021 — AscendEX, a global cryptocurrency financial platform, has announced the close of a $50 million Series B raise led by Polychain Capital and Hack
