Crypto news

World-leading cryptocurrency exchange LBank announces a partnership with Radio Caca’s United States of Mars Metaverse (USM) after recently revealing plans to set up a virtual HQ. The USM metaverse is a 3D planet that will allow users to interact with the LBank ecosystem in the virtual world, thereby — interconnecting the physical worlds of the exchange with its digital life seamlessly. The collaboration will enable users to view and explore LBank Headquarters in the USM...

INTERNET CITY, DUBAI, Sep. 14, 2022 – LBank Exchange, a global digital asset trading platform, has listed GanderCoin (GAND) on September 14, 2022. For all users of LBank Exchange, the GAND/USDT trading pair is now officially available for trading. As India’s first crypto coin, GanderCoin (GAND) is designed to re-structure traditional payment methods and introduce a completely new form of payment to the cryptocurrency industry. Its native coin GAND has been listed on...

INTERNET CITY, DUBAI, Sep. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed NFTY Token (NFTY) on September 16, 2022. For all users of LBank Exchange, the NFTY/USDT trading pair is now officially available for trading. Offering a new system for web 3.0 user management, NFTY is here to develop bridges between the NFT and metaverse communities so that they may accomplish more. It’s native token NFTY Token (NFTY) has been listed on LBank...

INTERNET CITY, DUBAI, Sep. 16, 2022 – LBank Exchange, a global digital asset trading platform, will list NEBTC on September 20, 2022. For all users of LBank Exchange, the NEBTC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on September 20, 2022. As a digital wallet built for crypto asset, D.Volt provides a more advanced decentralized crypto wallet service that is free to hacks or loss thanks to its finger vein authentication method. Its...

Mike McGlone – Senior Commodity Strategist at Bloomberg – argued that the crypto winter might last longer than previous market declines and the reason for it is the “Fed’s sledgehammer.” In the next few years, though, he expects the industry to emerge stronger than ever, with Bitcoin tapping $100,000 and Ethereum trading at $6,000 by 2025. He also touched upon “The Merge,” claiming that the event got “too hyped,” which is now causing short-term pain to investors. He also...

Andrew Bragg – an Australian Liberal Senator for New South Wales – drafted a bill that could put the local cryptocurrency sector under strict supervision. If accepted, the legislation will require digital asset exchanges and stablecoin issuers to disclose their operations to authorities, while Chinese banks dealing with digital yuan in Australia will also face enhanced scrutiny. Australia Should Move Fast In a recent speech at the Blockchain Associations Forum, Senator Bragg...

A hacker managed to steal $3.3 million worth of cryptocurrencies from several Ethereum addresses generated with the “Profanity” tool. The funds were drained even after the decentralized exchange aggregator 1inch warned users about discovering a severe vulnerability putting millions of dollars at risk. It had previously advised users owning wallet addresses generated with the Profanity tool to transfer their assets to a different wallet. 1inch Security Report In early 2022,...

Robert Kiyosaki – author of the famous personal-finance book “Rich Dad Poor Dad” – has come out with another enthusiastic statement in support of cryptocurrency. The author listed 7 reasons why his followers should invest in Bitcoin and precious metals – centered around the United States government’s current financial position. How the U.S. Dollar Dies As reads Kiyosaki’s tweet, the first reason to invest in Bitcoin is that the U.S. “borrows too much money.” According to the...

Nicholas Merten – a veteran cryptocurrency analyst and founder of DataDash – has called for Bitcoin to sink to $14,000 following its plunge below $19,000 over the weekend.  The analyst cited both technical and macroeconomic factors, including an indicator that he calls “absolutely damning” for Bitcoin’s price.  Deeper Waters for Bitcoin? In a video published on Monday, Merten pointed out that Bitcoin’s 200-week moving average (WMA) has turned into a level of price resistance,...

After Ethereum’s switch to a proof-of-stake, the bears took control of the market. Investors have turned away from high-risk assets like equities and cryptocurrencies. The ETH weekly candle closed at $1,334 yesterday, which is a new low. Technical Analysis By Grizzly The Daily Chart The price is currently down 27% from the high of $1,789 reached on September 11th. The lowest level touched in today’s session is $1,280, which is just above the 200-week moving average (in...