Schlagwort: blockchain markets

Mars Token (MRST) has surpassed $100k in daily trading volume barely a week after it launched on the OKX exchange.

MRST, the native token of the Mars Metaverse, has reached a daily trading volume of $117k. This is according to data obtained from Coingecko.

The MRST token has numerous utilities within the Mars Metaverse. The token can be used to purchase Colonies and build houses and other commercial properties in the metaverse.

Users can also earn rewards with MRST in the Mars Metaverse and host events in their buildings and houses, and get paid in MRST. When third-party games launch on the Mars Metaverse, MRST will be the native token of these games. 

Since it was launched a few days ago, MRST has set a new all-time high price of $0.119817. The all-time high price was achieved six days ago, on November 9th. 

MRST’s all-time low price currently stands at $0.04796314. At press time, MRST is trading at $0.053235, down by 54% from the all-time high it achieved a few days ago. MRST has bounced back from yesterday’s poor performance and is now up by 13% from its all-time low price. 

At press time, MRST is trading positively against both the US Dollar and Bitcoin. The MRST/USDT pair is up by nearly 2% in the last 24 hours, while MRST is up by 0.6% against Bitcoin during that period. 

One of the most impressive feats of MRST is that it has been consistently recording a daily trading volume of more than $100k. The daily trading volume peaked at over $3 million when it launched a week ago.

However, the daily trading volume had declined over the past few days as the price of the token also dipped. Despite the decrease in MRST’s trading volume over the past few days, it had maintained it above $100k.

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FTX collapsed last week, and that has left many investors scrambling for alternatives. eToro provides a reliable alternative for people looking to use secure trading platforms.

FTX, one of the leading crypto exchanges in the world, collapsed last week. By the end of the week, the exchange had filed for bankruptcy. 

The cryptocurrency exchange was reportedly using customer funds for its business purposes. With the collapse of the FTX exchange, many investors are looking for alternatives where their funds and assets can be secure.

Why eToro is a reliable FTX alternative

eToro has been in the financial space since 2007, before the emergence of Bitcoin. The company is known for providing investors access to a wide range of financial markets, including forex and stocks.

User funds are safe on eToro thanks to some of its features. For starters, eToro is a regulated, multi-asset broker that has been in business since 2007. The brokerage platform is regulated all over the world, by some of the leading regulators, including the FCA, CySEC, ASIC, and more.

FTX’s balance sheet showed that the exchange was diverting some customer funds to its sister company, Alameda Research. 

eToro assures its customers that this is not the case when they trade with them. The brokerage platform’s underlying business remains healthy and profitable, and its balance sheet is strong.

FTX’s downfall began after its FTT token lost more than 90% of its value within a few days. The company’s holdings drastically reduced during that period. 

eToro doesn’t engage in crypto lending

eToro said it has never issued its own token and does not engage in crypto lending. The lack of an eToro token means that customers don’t have to worry about the token’s price dipping. eToro also doesn’t engage in cryptocurrency lending, unlike FTX.

Finally, eToro assured its users that their funds and assets are segregated and reconciled on a daily basis to ensure safety and liquidity and comply with its regulatory obligations.

eToro is a leading brokerage company that allows people to invest in a wide range of financial assets, including cryptocurrencies, stocks, and more.

etoro–>

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• Liquid is an FTX-owned crypto exchange based in Japan and which Sam Bankman-Fried acquired in February this year.

Liquid, a Japan-based cryptocurrency exchange acquired by bankrupt crypto exchange FTX in February this year, has halted all withdrawals and deposits.

The exchange, which announced this via Twitter on Tuesday, said the decision to pause all crypto and fiat withdrawals is down to the ongoing Chapter 11 bankruptcy proceedings involving FTX and about 130 of its affiliate companies.

Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11 proceedings in the United States.

We will provide updates when available.

— Liquid Global Official (@Liquid_Global) November 15, 2022

Not long after, the exchange posted an update advising users not to also deposit their crypto or fiat to the platform.

“Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11 proceedings in the United States. Until further notice we would suggest to not deposit either FIAT or Crypto. We will provide updates when available,” Liquid Global tweeted on 15 November.

According to the Liquid Global team, the Chapter 11 filing by FTX impacts Quoine Pte. Ltd, the company that operated the Liquid Exchange and which FTX acquired earlier in the year.  The exchange says the halt on all withdrawals is not security-related.

Liquid temporarily suspended both fiat and crypto withdrawals on 12 November, soon after FTX shocked the crypto world with a Chapter 11 filing. The halt also came after FTX announced it had been hacked, with the security breach seeing millions of dollars in crypto assets stolen.

The Japanese exchange however temporarily resumed crypto withdrawal services after what it said had been “thorough security checks of internal systems.” 

The platform had also noted afterwards that its customer funds had not been impacted by FTX’s insolvency.

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Cristiano Ronaldo has entered into a strategic partnership with Binance duped ‘a global marketing initiative’ that will see his first NFT collection made available on Friday, November 18 by Binance. It is a partnership between the world’s largest cryptocurrency exchange and one of the world’s most popular footballers.

The collection shall be released at 9 am UTC.

The CR7 NFT collection

The agreement with Cristiano Ronaldo is aimed at bringing Web3 to millions of Binance followers around the world through NFTs.

Commenting on the partnership, Binance Co-Founder and Chief Marketing Officer He Yi said:

“We believe the metaverse and blockchain are the future of the internet. We are honoured to collaborate with Cristiano to help more people understand blockchain and showcase how we are building Web3 infrastructure for the sports and entertainment industry.”

The NFT collection will be the first collection for the footballer. It will include seven animated collectibles with four rarity levels. The Rarity levels will be Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal.

Each NFT collectible will feature an iconic scene from Cristiano’s football career including his career-defining bicycle kicks in his early years in Portugal.

The NFT comes against the backdrop of the FTX debacle which somehow involved Binance since it wanted to buy the exchange out before realizing there were issues with its financial books.

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The Mars Token is now live exclusively on the OKX cryptocurrency exchange, allowing investors to gain access to this metaverse-focused token.

MRST, the native token of the Mars Metaverse ecosystem, is live on OKX, one of the leading cryptocurrency exchanges. The token will only trade on the OKX exchange at the moment, allowing investors to gain access to the project.

OKX revealed that it supports 2 trading pairs: MRST/USDT and MRST/USDC. With the MRST token now live, it is important that you know what the token is to help you make an informed decision about whether to buy it or not.

What s the Mars Metaverse token (MRST)?

MRST is the native token of the Mars Metaverse and was developed by Mars Labs. On the Mars Metaverse, the development team had allocated a small territory called “Colony.”

Users would be allowed to own Colonies in the metaverse, enabling them to build houses and other commercial properties in the metaverse. 

MRST is the native token of this metaverse and would be used to pay for services. According to Mars Labs, users can earn rewards with MRST, including via a Play-and-Earn (PAE) system.

Another use of the MRST token is for payment of Colony or buildings. The houses and commercial buildings in the Colony can be purchased with MRST and are tradable between users. 

Users can also host events on their properties, allowing them to earn additional income, which will be paid with the MRST token. 

Mars Labs said it intends to permit third-party or indie game developers to develop and release games using the “The Mars Game Creator” software. The games developed using this software will also leverage the MRST token as the reward token for game players. 

Where to buy the MRST token

The MRST token is available to investors and traders. The Mars Labs team has decided to launch their MRST token exclusively on the OKX exchange at the moment. 

OKX is the only cryptocurrency exchange you can buy the MRST token starting next week. If you are interested in gaining early access to this project, you can open an account on OKX and get started today. 

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