Crypto news

The European Central Bank has issued a statement claiming that bitcoin is on its way out and closely approaching “irrelevance.” The European Central Bank Is not a Bitcoin Fan The financial institution released a blog entitled “Bitcoin’s Last Stand” that details the fall of the world’s number one digital currency. Interestingly, the bank does not refer to FTX and its November collapse as the reason as to why bitcoin is doing so poorly. Rather, it hints that bitcoin was on...

INTERNET CITY, DUBAI, Jan 6, 2023 – LBank Exchange, a global digital asset trading platform, will list Luxurion (LXRN) on January 9, 2023. For all users of LBank Exchange, the LXRN/USDT trading pair will be officially available for trading at 6:00 UTC on January 9, 2023. As a next-generation luxury total blockchain platform, Luxurion (LXRN) provides various benefits to users participating in the platform ecosystem. Its native token LXRN will be listed on LBank Exchange...

Financial markets for everything, including crypto, remain on pause as we mark off the first week of 2023. At this time of global economic uncertainty, people are holding their cash close. Here’s why it’ll be increasingly important for governments to hold their Bitcoin close. Bitcoin’s price barely budged after the release of the latest jobs report. It moved less than a percent, holding above $16,900 as the job data suggested more rate hikes. Bitcoin Is Poised To Become The...

The Central Bank of Turkey (CBRT) completed CBDC tests in December 2022 and the government is currently planning to use blockchain technology for online public services. Both signal an even more welcoming embrace of blockchain technology in 2023. Why this matters: Since the Turkish government’s plan in 2019 for a national blockchain infrastructure, Turkey has had many ambitious blockchain-technology-based goals. However, besides specific projects, not much was achieved....

INTERNET CITY, DUBAI, Jan 6, 2023 – LBank Exchange, a global digital asset trading platform, has listed Fame Global (FAMEG) on January 6, 2023. For all users of LBank Exchange, the FAMEG/USDT trading pair is now officially available for trading. As a hyper connected fashion metaverse, FAME nourishes existing physical and digital universes where people can build, create, enjoy, play, earn and shop in a sustainable way. Its native token Fame Global (FAMEG) has been listed...

INTERNET CITY, DUBAI, Oct. 25, 2022 – LBank Exchange, a global digital asset trading platform, has listed GolCoin (GOLC) on October 25, 2022. For all users of LBank Exchange, the GOLC/USDT trading pair is now officially available for trading. Created to be more than just a cryptocurrency, GolCoin (GOLC) is a ticket for a successful investment and a way to be involved in its revolutionary projects such as Agharta, Golex.io, Golchain, NFT marketplace, and many more. Its...

The Gemini Exchange in New York – headed by the Winklevoss Twins – has halted all withdrawals, sparking rumors that the company could be next in a long line of crypto firms to file bankruptcy. Gemini Exchange Halts All Withdrawals The move is a direct result of the collapse of FTX, which came crashing down in mid-November. Michael Barr, an official with the Federal Reserve, is calling upon Congress to regulate crypto once and for all due to the company’s failure. In a...

The Federal Reserve and FDIC (Federal Deposit Insurance Corporation) released a joint statement on Tuesday, Jan 3. The paper describes the risks of holding digital assets. But here are some of the ways crypto is addressing those risks with network design and code. The Fed and FDIC say that with crypto, there is a “risk of fraud and scams among crypto-asset sector participants.” But there are also several countermeasures and security techniques in crypto. Furthermore,...

Bitcoin continues to be unable to overcome $17,000, despite briefly jumping above that level yesterday. The altcoins have also calmed following the notable gains charted at the start of the weekend. ApeCoin, though, has marked a near one-month high. Bitcoin Stalls Below $17K 2022 brought little joy for the bitcoin bulls and the end of the year was quite similar, with the asset falling to a multi-week low of under $16,500. After a few calm days around New Year’s Day, the...

With the turnover of the new year, Bitcoin price analyst predictions are out. Meanwhile, a survey of the damage from the protracted 2022 crypto winter shows 70K fewer BTC wallet addresses with $1 million USD worth of Bitcoin or more. It has now been over a year since Bitcoin’s (BTC) last all-time price high of $68,789 on November 10, 2021. Since then, at today’s fair market price on crypto exchanges of around $16,900 for the coin, the Bitcoin price had declined 75% from the...