Kraken – a popular cryptocurrency exchange founded in 2011 by Jesse Powell – has recently offered its books to auditors to show them the company has heavy reserves of BTC, ETH, and Tether on file. Kraken Has Tried to Do a Lot of Good Kraken was founded in San Francisco, CA, which appears to be the ultimate hosting grounds for many crypto businesses considering this is long where Coinbase was stationed before deciding it was going to operate on a fully remote business...
Read More »XRP Crashes 8% in Three Days, Here’s The Next Support (Ripple Price Analysis)
XRP hasn’t created a higher high in the last four months. This shows that the bears are currently in control, and they show little to no signs of weakness. Since the CPI numbers for the US were published earlier this week, the cryptocurrency has lost about 8%. Technical Analysis By Grizzly The Daily Chart XRP’s daily chart reveals the formation of a symmetrical triangle pattern (in light blue). This pattern might be interpreted as bearish since it develops in the course of a...
Read More »This Is the Only Chart That Matters Post-Merge, Argues Arthur Hayes
Arthur Hayes – the co-founder and former CEO of one of the most popular cryptocurrency derivatives exchanges (BitMEX) – has laid out some thoughts on Ethereum’s Merge. In a recent tweet, Hayes argued that the only thing that matters (price-wise, seemingly), for ETH after the Merge is its net issuance. To those unaware, Ethereum’s transition from proof-of-work to proof-of-stake introduced a dramatic shift in the cryptocurrency’s issuance model. The summarized calculations of...
Read More »Arix (ARIX) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed Arix (ARIX) on September 15, 2022. For all users of LBank Exchange, the ARIX/USDT trading pair is now officially available for trading. As one of the most efficient DeFi aggregators, Arix (ARIX) enables users to access the most liquidity, lowest slippage and best exchange rate across Ethereum, BSC, and Polygon. Its native token ARIX has been listed on LBank Exchange...
Read More »LBank Weekly Listing Report, 13th September 2022
INTERNET CITY, DUBAI, Sep. 13th, 2022 –As a world class digital asset exchange, LBank continues to focus on providing its users quality projects to participate in. Here is a weekly report made by LBank Exchange presenting this week’s exciting new listings and a summary of the ones listed last week, offering users more information to help better understand these unique opportunities. New Listings on LBank Exchange Scheduled this week starting on 13th September.For a more...
Read More »Radix (XRD) Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 14, 2022 – LBank Exchange, a global digital asset trading platform, has listed Radix (XRD) on September 14, 2022. For all users of LBank Exchange, the XRD/USDT trading pair is now officially available for trading. Providing radically different DeFi, Radix (XRD) is the only decentralized network that lets users build fast, rewards everyone who makes it better, and scales without friction. Its native token XRD has been listed on LBank Exchange at...
Read More »Bitcoin Growth was Outdone By Ethereum in August
Late August saw a huge flip in the digital currency arena. Bitcoin – the world’s largest number one digital currency by market cap – fell by several thousand dollars and eventually dipped below $22,000 for the first time in about three weeks, while Ethereum – the world’s second largest cryptocurrency and the main competitor to bitcoin – ultimately rose 100 percent from its June low of under $1,000 per unit and managed to surpass bitcoin’s level of growth. Ethereum Is...
Read More »XPOP Is Now Available for Trading on LBank Exchange
INTERNET CITY, DUBAI, Sep. 14, 2022 – LBank Exchange, a global digital asset trading platform, has listed XPOP on September 14, 2022. For all users of LBank Exchange, the XPOP/USDT trading pair is now officially available for trading. Utilizing the power of blockchain technology, XPOP aims to change the entertainment industry that combines diverse cultures with its entertainment platform XETA, NFT services, P2E games, and more. Its native token XPOP has been listed on...
Read More »El Salvador’s Pro-Bitcoin President Will Seek Re-Election in 2024
The current President of El Salvador known as an outspoken bitcoin proponent – Nayib Bukele – said he will compete in the next presidential elections in 2024. Throughout his reign, El Salvador launched numerous BTC initiatives, such as turning the coin into a legal tender inside the nation’s borders. On another note, the American credit rating agency Fitch Ratings downgraded El Salvador’s Long-Term Foreign Currency Issuer Default Rating (IDR) to “CC” from “CCC.” The entity...
Read More »Crypto Custodian HyperBC Obtains Lithuanian Finance License, Pushes for Regulatory Framework
[PRESS RELEASE – Please Read Disclaimer] HyperBC Group has acquired a Lithuanian financial license no. 305790868 to expedite its global compliance operations. The company has obtained a license that will enable it to provide crypto custody asset solutions within a regulatory framework. As a pioneering asset custody solution provider, HyperBC facilitates businesses to securely store their crypto assets with risk control technology and custom and scalable solutions. Since its...
Read More »