Crypto news

INTERNET CITY, DUBAI, Nov. 1, 2022 – LBank Exchange, a global digital asset trading platform, has listed WeatherTree (WTTR) on November 1, 2022. For all users of LBank Exchange, the WTTR/USDT trading pair is now officially available for trading. As a platform for observing and trading real-time weather data from around the world, WeatherTree (WTTR) utilizes blockchain and big data technology to allow anyone in the world to easily produce weather data and buy it at a...

INTERNET CITY, DUBAI, Nov. 1, 2022 – LBank Exchange, a global digital asset trading platform, will list NEOKOREA Coin (NKC) on November 4, 2022. For all users of LBank Exchange, the NKC/USDT trading pair will be officially available for trading at 7:00 UTC on November 4, 2022. Utilizing the power of blockchain technology, NEOKOREA Coin (NKC) provides new solution for the automotive parts business and used car trading services. Its native token NKC will be listed on LBank...

EOS price rallied and was able to clear the $1.12 resistance against the US Dollar. The price is now trading above $1.12 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.122 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.18 and $1.20 resistance levels. EOS price is rising above $1.12 against the US Dollar, similar to bitcoin. The price...

Litecoin started a strong increase above $55 against the US Dollar. LTC price is now trading above $55 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance at $56.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $65 resistance zone. Litecoin price is rising steadily above $60 against the US Dollar, similar to bitcoin. LTC price could...

Money transfer services giant MoneyGram will now allow customers to trade and hold some major cryptocurrencies using the company’s mobile app. The move marks an expansion to MoneyGram’s native crypto support as it previously enabled users to buy and withdraw Bitcoin in the United States. According to a press release on Tuesday (November 1, 2022). MoneyGram introduced a new feature that will allow customers to buy, sell, and store Bitcoin, Ether, and Litecoin. The company...

Yet another major North American Bitcoin miner is looking ill-prepared to pay off its debts before the end of the year.  This time it’s Iris Energy – a sustainability-focused miner that recently revealed its monthly profits to be well under its interest payment obligations.  Iris Energy’s Mining Margins The British Columbia-based firm published an update on Tuesday concerning its financing arrangements with NYDIG, an institutional Bitcoin broker that provided Iris with...

The issuer of the stablecoin USDC – Circle – and the blockchain infrastructure platform – Paxos – received licenses from the Monetary Authority of Singapore (MAS) to offer services in the city-state. The country’s top financial regulator has greenlighted numerous digital asset firms over the past several months, including CryptoCom, Genesis, and Sparrow. Circle’s Authorization The US-based stablecoin issuer obtained in-Principle Approval as a Major Payments Institution...

After the recent v0.15.3. update to the Lightning Network, a critical security vulnerability was discovered by independent cybersecurity researchers that would potentially allow bad actors to stop lnd nodes from parsing transactions. A Lightning Network Daemon (lnd) is a full implementation of a Lightning Network Node, along with the services and plug-ins that allow it to connect to the rest of the Lightning network, a Layer-2 blockchain for Bitcoin that enables smart...

Nayib Bukele – the Bitcoin-bullish President of El Salvador – has predicted that the central banking model of today’s western economies will eventually give way to a more trustworthy, decentralized system.  In an interview with Tucker Carlson that aired on Tuesday, Bukele criticized both the Federal Reserve and the media’s reaction to his country’s Bitcoin adoption.  Need for a New Model During the interview, Bukele argued that the Federal Reserve’s capacity to print money is...

The Federal Reserve on Wednesday hiked its benchmark interest rate by another 75 basis points after its regularly scheduled Federal Open Markets Committee meeting.   As usual, Bitcoin experienced volatility upon the announcement, immediately soaring by over $200. The announcement, which happened at 18:00 UST on Wednesday, marks a new policy rate of 3.75% Markets expected a 75-point rise prior to the meeting but had priced in a roughly 10% chance of a 50-point rise. ...