Cryptocurrency

RENEC Lend, a decentralized finance (DeFi) platform backed by the RENEC Foundation, is excited to announce a limited-time airdrop event for its native token, Relend Token (REL). As the anticipated REL listing on Solana and RENEC decentralized exchanges (DEXs) approaches by the end of September, this airdrop offers an opportunity for users to accumulate REL tokens before they become available to the public.Relend Token (REL) is the native token of the platform, designed to empower holders with a variety of benefits, including governance, staking, and liquidity provision. REL is gaining attention within the DeFi community as it prepares for its DEX listing.Readers can learn more about REL’s tokenomics here.Reward Details:Post-Supply Benefits:After supplying tokens, participants also have the opportunity to borrow additional tokens such as USDT or BNB with a loan-to-value (LTV) ratio of up to 75%. With loan interest rates as low as 5% per year and no financial verification required, the platform offers flexible borrowing options perfect for long-term needs.About RENEC LendRENEC Lend is a decentralized finance (DeFi) platform offering token and fiat Supply/Borrow services. Backed by the RENEC Foundation and operating on both the RENEC and Solana blockchains, the platform allows users to take advantage of low-interest rates, under 5% annually, while aiming to maximize earnings through reward airdrop events.For more information, readers can visit:This article was originally published on Chainwire More

HashKey Global, a licensed virtual asset exchange, has announced the launch of a zero-fee campaign for futures trading, set to go live on September 27, 2024. Aiming to become the world’s largest licensed futures trading platform, HashKey Global is the first in the industry to introduce zero trading fees for futures trading, eliminating all trading costs for users and offering a more competitive trading environment for traders worldwide.As a licensed exchange, HashKey Global achieved profitability within three months and has risen to the ranks of top global exchanges within just six months (*According to Coingecko, as of September 23, 2024, HashKey Global ranks No.11), surpassing 600,000 registered users. Its futures trading has shown strong growth in ranking, open interest, and trading volume.HashKey Global remains committed to providing a seamless and mature trading interface, a secure and regulated asset environment, and a safe yet user-friendly futures trading experience as it works towards becoming the world’s largest licensed futures exchange.About HashKey GlobalHashKey Global is the flagship digital asset exchange under HashKey Group, offering licensed digital asset trading services to users worldwide, and becomes one of the fastest-growing crypto exchanges in 2024. HashKey Global has obtained a license from the Bermuda Monetary Authority providing mainstream trading and service products such as LaunchPad, contracts, leverage, etc. HashKey Global does not service users from Hong Kong, United States, Mainland China and certain other jurisdictions in compliance with laws and regulations. Certain services, features, and campaigns may not be available in your jurisdiction.users can read HashKey’s latest Disclaimer.For more details, users can visit global.hashkey.com. Follow us on X, Telegram, and DiscordFor media inquiries, users can contact luna.wang@hashkey.comContactSenior PR ManagerLuna WangHashKey Globalluna.wang@hashkey.comThis article was originally published on Chainwire More

This article was originally published on U.Today More

Besides, Bitcoin and the stock market already began accelerating last week when, on Wednesday, the Federal Reserve announced an increase in the interest rate by 50 basis points.As reported by U.Today earlier, CZ started doing his prison time in early June. After he was charged with violating U.S. securities law, Changpeng Zhao stepped down as Binance chief executive, and the exchange agreed to pay the immense fine of several billion dollars at the demand of the U.S. Department of Justice.Recently, the new CEO of Binance, Richard Teng, assured the crypto community in an X post that CZ is banned from running Binance until the end of his life; that was also a condition set by the Department of Justice.However, he ended up launching online educational project Giggle Academy in order to teach underprivileged children finance, blockchain, English and math free of charge. This project started off not long before CZ started doing his prison term.What CZ also did was to announce vague plans to write a book in prison, because he said he would have plenty of free time to do that.This article was originally published on U.Today More

It is worth remarking that Saylor often erupts the public space with posts focused on Bitcoin. Sometimes they seem delusional, sometimes funny, but overall they reflect the vision Saylor has for cryptocurrency. This time was no different, as the MicroStrategy CEO delivered a “Going Higher” comment, accompanied by an AI-generated image of him surrounded by mountains. It was very Michael Saylor-like, to say the least.Meanwhile, the price of Bitcoin started the new week with a reddening of its quotes. After the last two weeks in which BTC gained 16%, Monday opened with the cryptocurrency down 0.41%. If the 200 SMA is successfully breached, we could see a quick rise to $65,000 per BTC, where another strong resistance level is located. If Bitcoin fails here, it could fall to the $60,000 area, where its fate will continue to be decided by buyers and sellers.Saylor’s enthusiasm is understandable given that MicroStrategy holds 252,220 BTC. However, it is not clear if it is really “going higher” right now.This article was originally published on U.Today More

In particular, the trader did not rule out the possibility that Bitcoin could see almost 520% growth in its price against gold in the coming months. However, when further asked what he thought about the fact that the cryptocurrency has already lost its uptrend line against gold futures, Brandt said he does not trust or use trend lines, but he is concerned that BTC remains below its 2021 high in inflation-adjusted terms.”Could it roll over for a complete new reset?” the trader asks, saying he does not rule out such an outcome.According to various estimates, Bitcoin would have to reach around $78,000 to break the November 2021 levels. The “who to blame” here is of course not the cryptocurrency itself, which has seen growth of almost 290% since the beginning of 2023, but the U.S. dollar, in which the price of BTC is often denominated.This article was originally published on U.Today More

New MMaaS platform empowers token projects and protocols with real-time visibility, flexible liquidity management, and enhanced exchange relationships.Digital asset trading firm Low Observable Technology (LO:TECH) announced the launch of an innovative new Market Making Service (MMaaS) platform today. Backed by leading venture capital firm Lightspeed Faction, LO:TECH’s new platform delivers unparalleled transparency, control, and flexibility for token projects, protocols, and crypto foundations in managing their liquidity across global exchanges.Interested parties can learn more about the service, and LO:TECH is now accepting clients for trials and demonstrations.Built on LO:TECH’s institutional-grade, low-latency technology, the market-making service provides a previously unseen level of control for the user. Its comprehensive, streamlined dashboard gives clients real-time insights, allowing for full visibility and control over their liquidity strategies. Token issuers can seamlessly adjust key parameters and generate instant, detailed reports.LO:TECH’s MMaaS platform is designed to meet the needs of a broad range of clients, from token projects and protocols looking to stabilise their markets, exchanges seeking enhanced liquidity for trading pairs, to crypto foundations and projects managing large token reserves.Low Observable Technology (LO:TECH) is a digital asset trading firm based in London, UK, committed to empowering a more equitable financial future by enhancing market efficiency, accessibility, and transparency. Since its founding, LO:TECH has leveraged cutting-edge technology to provide liquidity to global markets and offer clients innovative, transparent trading solutions. Their mission is to make markets better by providing clients with the tools to elevate their trading performance and decision-making capabilities. LO:TECH is driven by a bold vision to become a global leader in market-making and execution services for digital assets, offering a range of services including Market Making, Market Data, Trade Analysis, and Execution Services.To learn more about LO:TECH, users can visit https://lo.tech.ContactMarketing DirectorStephen DuffyLO:TECHstephen@lo.techThis article was originally published on Chainwire More

The token is now available on CEXs Gate.io and MEXC, and DEX Jupiter.Matrix One, The decentralized protocol accelerating the development of human-like AI characters, is pleased to announce the successful launch of its native token, $MATRIX. The $MATRIX token, which went live on September 17 is now available for trading on leading cryptocurrency exchanges Gate.io, MEXC, and Jupiter, following sold-out Initial DEX Offerings (IDOs) across multiple platforms, including Seedify, ChainGPT, Eesee, SeaPad, and WeWay Launchpad.Token Utility and Ecosystem IntegrationThe $MATRIX token serves as the cornerstone of the Matrix One ecosystem, offering multiple utility functions across various decentralized applications (dApps) built on the protocol. Key utilities of the token include:The total supply of $MATRIX is capped at 10 billion tokens, with 164,525,000 tokens circulating immediately following the TGE. The distribution of the total supply is as follows:As of the token launch, $MATRIX is actively listed on Gate.io, MEXC, and Jupiter. Market capitalization information is available in real-time on Dextools here.Achievements and MilestonesMatrix One is already home to a functional dApp, Avatar.One, which has over 500,000 active users. In addition, more than 100,000 Solana wallets are registered within the ecosystem, reflecting the growing adoption of Matrix One technology.About Matrix OneMatrix One is a decentralized platform dedicated to revolutionizing the interaction between users and AI-driven characters. Through its ecosystem of dApps, including Avatar.One, Matrix One leverages blockchain technology to offer decentralized ownership, monetization opportunities, and community-driven governance of AI-generated characters. With a rapidly growing user base and innovative use cases, Matrix One aims to bridge the gap between AI and blockchain by empowering users to create, engage with, and govern dynamic virtual characters.ContactMark StudholmeMatrix Onehi@matrix.oneThis article was originally published on Chainwire More