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The Securities and Futures Commission (SFC) of Hong Kong suggested on February 20 that a licensing system be established for cryptocurrency exchanges, and in the near future, it will permit ordinary individuals to trade major cryptocurrencies such as Bitcoin and Ethereum. This article discusses the leading Chinese Coins and explains why they are likely to experience a significant increase in value soon. Super unique NFT collection #TokenPunkies Hong Kong’s Green Signal to Crypto Trading According to the statement, every centralized cryptocurrency exchange that operates in Hong Kong is required to obtain a license from the regulatory authority. Interestingly, it appears that the United States is not the sole global financial powerhouse capable of causing market turbulence. As mentioned previously, the People's Bank of China, the country's central bank, infused $92 billion USD into the market on Friday, surpassing the ongoing quantitative easing measures of the US Fed...
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FIGHTOUT-Excercise and EARN
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Exercise and Earn
Crypto with Fight Out – The Future of Fitness is Here as New Project Raises
$2.6 Million
The FightOut (FGHT) presale has now raised over $2.6 million,
a total which indicates significant market interest in the Ethereum-based
move-to-earn Web3 platform. Due to launch in the second quarter of this year,
it will reward users with crypto for participating in workouts and leading a
healthier lifestyle
With the move-to-earn sub-sector having
a relatively strong 2022 in the midst of a bear market, FightOut's
comprehensive range of features promises to make it a success among
health-and-fitness enthusiasts and cryptocurrency owners when it launches later
in the year. And once its presale ends in the coming months, its listing on
exchanges promises to help early investors make above-average returns.
Exercise and Earn Crypto with Fight Out
– The Future of Fitness is Here as New Project Raises $2.6 Million
Since beginning in the middle of
December, the FightOut presale has quickly moved through the gears, reaching a
total raised of $2,612,000 in less than a month. It's not hard to see why it
has attracted so much interest, given that it's aiming to take the concept of
move-to-earn to the next level, by joining real-world exercises with Web 2.0
and Web 3.0.
As opposed to
simply rewarding steps taken (much like STEPN), FightOut will reward its users
for participating in a much wider range of activities and workouts.
Accordingly, it will feature on-demand workout classes and live sessions when
it launches in Q2, with available workouts set to include weight training,
mobility, yoga, meditation, boxing, and many more.
Interestingly, such workouts can be attended
in-app or at local FightOut gyms, with FightOut planning to open up to 20 of
its own gyms worldwide, while also affiliating with numerous pre-existing
facilities. On top of this, the app will provide a strong social element,
enabling users to post their latest workouts and results, share news, follow
each other, and post status updates.
In fact, the social- and community-led element doesn't stop there, since
FightOut is also planning to open health bars, content studios and co-working
spaces. Combined with its other features, this will not only help its users
develop a strong sense of community and inclusion, but it will motivate them
more fully to continue with their various workouts and lead a healthier
lifestyle.
FightOut's
rewards will be distributed in the form of its second native token, REP. The
latter can be used to buy in-game items and remote workouts with trainers,
while it -- as well as FGHT (the token offered in the presale) -- can also be
used to pay for FightOut's subscription fees, giving both tokens a strong use
case.
Aside from the big social element, what
makes FightOut interesting is that it will offer highly tailored and beneficial
workout programs, including technique-focused courses. The first of these will
be its boxing course, which will involve an in-app video series with
elite-level trainers, who will teach users the fundamentals of the sport before
they go on to take assessments at the end of their programs.
This all makes
FightOut a highly promising and ambitious new platform, and one which should
move the M2E sector forwards. It's worth pointing out that this sector remains
popular, with major M2E tokens such as STEPN (GMT) and Sweatcoin
(SWEAT) actually up
since launching last year (in contrast to most major cryptocurrencies).
This therefore leaves FightOut in an
excellent position to have a big 2023, with its FGHT token likely to do well
once the presale ends and it lists on exchanges.
If interested, investors can participate
in the FightOut presale by visiting its official website and connecting their WalletConnect or MetaMask
wallets. FGHT can then be purchased using either USDT or ETH, with the sale
also currently offering bonuses of up to 50% for early investors.
Listing Gains
It's worth pointing out that FightOut already has
amassed nearly 50,000 followers on Twitter, despite opening an account as recently as October.
This provides an idea of just how popular it has already become and of how much
it has captured the market's interest.
Looking at big presales from last year,
FGHT could easily surge when it lists on exchanges in several weeks.
For example, Lucky Block (LBLOCK) and
Battle Infinity (IBAT) witnessed returns last year as high as 6,000% and 3000% compared to initial presale prices of $0.00015.
Needless to say, FGHT may not replicate such gains, but its fundamentals put it
in a good position to do well, regardless of how close it comes to benchmarks.
Indeed, its fundamentals are so
interesting and well-realized that it could end up being one of the most
successful listings of the New Year. And with a long-term roadmap securely in
place, FGHT and FightOut both have much to look forward to.
In the past, significant increases in the value of bitcoin have often been preceded by a technical signal known as a "golden cross." This signal is considered bullish by traders and can generate excitement. However, it is important to note that not every golden cross has resulted in a large rally for bitcoin. Recently, both bitcoin and the S&P 500 index, which is widely used as a benchmark for the stock market, are approaching the golden cross signal. This signal is considered straightforward to track and can be a positive indicator for traders. A golden cross is a technical signal that is produced in the charts of a security's price when the 50-day simple moving average (SMA) moves above its 200-day SMA. This crossover is viewed as a bullish signal, as it indicates that the market's short-term gains have surpassed its long-term gains. It is important to note that moving averages are backward-looking indicators, so the golden cross only signals potential for highe...
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The crypto community is eagerly anticipating Blur's Season 2 Airdrop, which will conclude in April, following the huge success of their initial airdrop. UIQUE AND RARE COLLECTION OF NFTs CLICK AND SEE BLUR'S UPCOMING SEASON 2 AIRDROP Blur, the latest NFT marketplace, recently conducted an airdrop valued at approximately $1,500. Since the airdrop, the BLUR tokens have accumulated a trade volume of over $500 million in the past few days, as widely publicized. Nonetheless, the team behind Blur has revealed that they will hold a second season of the airdrop, where both listing and bidding points will be boosted by 100% until April 1st, 2023 Following the huge success of the first airdrop, Blur is launching a second airdrop season to encourage more users to engage with the new NFT platform. Airdrops are often used by cryptocurrency projects as a promotional tool, where they give away free tokens or coins to a broad audience. The BLUR team expressed their outlook on the impending ai...
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