Cointime

Download App
iOS & Android

Big Eyes to Launch on Gate.io and MEXC, Poised to Become a Hot Asset

Big Eyes, the cat-themed network, is set to become a hot asset as it nears its launch on Gate. io and MEXC. The presale for Big Eyes, which will end on June 3rd, has already raised an impressive $35 million. The token will first be launched on Uniswap before making its way to top centralized exchanges.

Gate. io and MEXC are the strongest candidates for the launch, with Gate. io being one of the largest centralized exchanges and MEXC supporting derivatives trading and ETFs. Big Eyes focuses on DeFi and hopes to transfer wealth from traditional finance to the DeFi ecosystem, creating wealth for its community of holders. The network plans to launch the Big Eyes Casino and NFT cards after its launch on Uniswap on June 15th.

Comments

All Comments

Recommended for you

  • Bitcoin Valuation by Savings Adoption

    A mid-term approach to price modelling Bitcoin is something entirely new, something never before observed. Because of this, many of the trusted tools in our financial toolkits might simply not do a very good job of modelling its performance, and it’s causing apprehension among analysts who are used to deploying certain modelling tools to make sense of asset pricing.
  • Moonbeam Q1 2024 Brief

    Moonbeam (GLMR) is a Layer-1 parachain on the Polkadot Network, serving as an EVM-compatible smart contract platform. It provides an Ethereum Virtual Machine (EVM) implementation and a Web3 API, enabling straightforward deployment of Solidity contracts and protocol interfaces with minimal modifications. Its primary features include cross-chain integration, staking, and on-chain governance.
  • Reputation Cookies

    In Civilized to Death, author Christopher Ryan explains how childhood has evolved. In the past, kids were expected to play together at playgrounds. Post-school time was kept for going around the neighbourhood in pursuit of play. As our cities grew bigger and our sense of safety declined, children began spending more time inside houses.
  • Matcha Q1 2024 Brief

    Matcha is a decentralized exchange (DEX) aggregator launched by 0x in June 2020. As a DEX aggregator, Matcha aims to deliver users the best prices on DeFi trades.
  • Hong Kong Bitcoin, Ethereum spot or futures ETF related products are temporarily not open to mainland investors

    According to Beijing Business Daily, products related to Bitcoin, Ethereum spot ETFs, or Bitcoin and Ethereum futures ETFs are not currently open to mainland investors. Southern Dongying stated that as more market participants enter, the demand for Bitcoin futures ETFs in Hong Kong, China is expected to further increase, and the scale and trading volume will further increase. The reduction in Bitcoin supply will further increase the Bitcoin price, drive market positive sentiment, and further increase demand for Bitcoin futures ETFs. Southern Dongying also mentioned that its subsidiary funds are not directly or indirectly sold to legal persons or natural persons in mainland China, nor are they sold for their interests. In addition, legal persons or natural persons in mainland China may not directly or indirectly purchase Southern Dongying's Bitcoin futures ETF or Southern Dongying's Ethereum futures ETF without obtaining all necessary government approvals in advance.
  • New Stablecoin Bill Introduced in US Senate to Regulate Dollar-Pegged Digital Assets

    Senators Cynthia Lummis and Kirsten Gillibrand have proposed a new bill that aims to establish definitions for dollar-pegged digital assets and their issuers. The bill mandates that payment stablecoin issuers meet reserve and operational requirements, including creating subsidiaries specifically for issuing stablecoins. Additionally, stablecoin issuers must deal in dollar-backed tokens and ensure their tokens are fully backed by reserve assets. The proposed legislation seeks to define how stablecoins will operate in the US and would prohibit algorithmic stablecoins. There are ongoing discussions about attaching stablecoin legislation to a must-pass bill reauthorizing the Federal Aviation Administration, and Senator Sherrod Brown has indicated that specific safeguards must be included for the legislation to move forward.
  • HKMA issues distributed ledger technology guidance to banks

    Hong Kong Monetary Authority has issued guidelines to local banks on the use of distributed ledger technology (DLT) and support for the development of Hong Kong's virtual asset ecosystem, in order to support banks in using DLT in a risk-controlled manner. Through clarifying the main regulatory considerations of the Authority, it aims to further promote the wider application of DLT in the industry, including establishing appropriate governance, ensuring the design suitability of DLT application projects, and continuous maintenance and supervision of DLT projects. In order to accommodate the diverse development of technology and the market, the Authority will continue to maintain close communication with the industry and support the orderly development of Hong Kong's virtual asset ecosystem in a risk-controlled manner.
  • South Korea, Japan and Singapore regulators may follow Hong Kong’s lead in approving spot Bitcoin ETFs

    After Hong Kong's regulatory agency's principle approval of Bitcoin and Ethereum ETFs, other Asian regulatory agencies may also take similar actions. South Korea, Japan, and Singapore may follow Hong Kong in approving virtual asset ETFs. Karim Saber, a research assistant at cryptocurrency ETP issuer 21Shares, stated that South Korea's opposition party, which supports Bitcoin, won in the April elections, which could lead to regulatory agencies approving Bitcoin ETFs as early as this year. Tim Bevan, CEO of cryptocurrency ETP issuer ETC Group, expects that Japan and South Korea may approve such products within the next 6 to 12 months.
  • The Russian Central Bank supports the use of cryptocurrencies for international settlements and plans to promote the formulation of relevant bills

    According to Bitcoin.com, Russia supports expanding the types of currencies and payment methods for international settlements. Last week, the Governor of the Central Bank of Russia, Elvira Nabiullina, stated that the bank will support the acceleration of a bill that supports the use of cryptocurrencies for international payments. However, Nabiullina emphasized that these payments should be introduced under an experimental sandbox legal framework.It is reported that the institution has always opposed the circulation and use of cryptocurrencies for national payments because these assets are not controlled by national regulatory agencies. However, the country's central bank is open to its use for foreign settlements. In contrast, the use of national digital assets (also known as CBDC) for payments has been explored without any exploratory sandbox.
  • Hong Kong Securities and Futures Commission: We believe that fund companies applying for virtual asset ETFs will submit applications to the Hong Kong Stock Exchange next

    Some fund companies have expressed that they have received conditional and principle approval from the Hong Kong Securities and Futures Commission for virtual asset spot ETFs. When queried by Hong Kong media, the Hong Kong Securities and Futures Commission stated that investment products recognized by the Commission will be listed on the list of publicly available investment products on its website. The Hong Kong Securities and Futures Commission further pointed out that if the applied ETF product roughly meets the Commission's requirements, a conditional authorization will be issued, but various conditions must still be followed, including paying relevant fees, submitting documents, and obtaining approval from the Hong Kong Stock Exchange for listing. It is believed that the fund companies that have applied will submit their applications to the Hong Kong Stock Exchange for the next step.