Cryptocurrency Derivatives Series: Block-Halving & Open Interest Factors Drive Bitcoin Price To $10k Trajectory, Long Hedges Intact
Digital Currency Revolution Series: A Glimpse At Scope For Potential Digital Forms Of Euro, Dollar & Yuan Amid Pandemic Covid-19 Crisis
Digital Currency Revolution Series: Bank of France Successfully Pilots Blockchain-Driven Digital Euro
Cryptocurrency Derivatives Series: Bitcoin Disrupts Double Top Formation & Rebounded To 9.5k – Uphold Long Hedges
FxWirePro: Bearish/Bullish Driving Forces of EUR/USD, OTC Indications And Options Strategy Ahead of Eurozone PMIs
Blockchain Revolution Series: Tencent Holdings To Invest Huge For Tech-Infra Including Blockchain, AI & Cyber Security
Digital Currency Revolution Series: Argentina Soccer Federation Unveils Native-Crypto To Assist Esports Venture
Crypto-Technicals: BTC/USD Forms Double Top Pattern, 100-DMA Acts As Neckline Support Ahead of CME F&O Expiry Season
Digital Currency Revolution Series: Goldman Sachs Exhibits Reluctance In Bitcoin For Asset Portfolio
Trend of Tokenization Series: A Glance Through IEO at Tokinex
An IEO replaces initial coin offering (ICO) in which a centralized exchange is responsible for vetting the token projects and investors, and then subsequently conducting the initial sale of the token. And Bitfinex’s IEO of $LEO has longer been a talk of the town, on the back of this, speculations of the pre-order getting oversubscribed were mounted in the recent past. The exchange made the announcement that Ampleforth would commence token sale.
The initial exchange offering (IEO) has originally been initiated on Ethfinex and Hong Kong-based crypto exchange Bitfinex’s Tokinex platform.
Tokinex, run this IEO and reportedly sold off 10% of Ampleforth’s total token supply swiftly, which would be available to its initial investors sometime in the days to come.
In the recent past, on the back of security tokens being the trending talk of blockchain-driven innovations to conventional financial services, a token sale for Standard Tokenization Protocol (STP) announced IEO program on June 11th. The project briefs fundraising about $750,000 and sold out within eight seconds and it also offers an open-source, decentralized standard for the tokenization and issuance of any asset.
Currency Strength Index: FxWirePro's hourly BTC is flashing at 123 (highly bullish), hourly USD spot index was at 77 (bullish) while articulating at (11:28 GMT).
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