Crypto news

Ethereum’s layer-two scaling solution Optimism introduced its new governance token OP for the Token House – one of the two hubs constituting the protocol’s new governance system, Optimism Collective. Early users of the network will be granted the opportunity to receive OP airdrops in Q2, 2022, which accounts for 5% of the asset’s total supply. Optimism’s New Governance Body According to the official blog post, the Collective’s bicameral governance system “aims to avoid...

Dogecoin rallied 40% this week when the news that Elon Musk has bought Twitter was confirmed. Elon hinted in the past that Twitter could use Dogecoin for payments. Key Support levels: $0.125, $0.11 Key Resistance levels: $0.15, $0.19 DOGE was an outlier on Monday, exploding in price and increasing by 40% before bears took over the price action. Since then, the cryptocurrency has fallen back into a range between $0.125 support and $0.15 resistance. This indicates a flat...

Solana price extended decline below the $100 support against the US Dollar. The price is now trading below $100 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $98.20 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $100 and $102 to start a fresh increase in the near term. Solano price is struggling below $100 against the US Dollar, similar to bitcoin. SOL could decline...

Bitcoin price extended decline below the $38,000 zone against the US Dollar. The price is now trading below $39,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $39,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $39,400 level. Bitcoin price is struggling below $40,000 against the US Dollar. BTC might extend losses if...

INTERNET CITY, DUBAI, Apr. 26, 2022 – LBank Exchange, a global digital asset trading platform, will list COINGHOST on April 28, 2022. For all users of LBank Exchange, the COINGHOST/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on April 28, 2022. People tend to resort on portals to gain information about blockchain and digital assets, but most of these portals have issues such as IT abuse, advertisements and fake news that misinform many...

INTERNET CITY, DUBAI, Apr. 27, 2022 – LBank Exchange, a global digital asset trading platform, has listed Burn (BURN) on April 27, 2022. For all users of LBank Exchange, the BURN/USDT trading pair is now officially available for trading. As an extremely hyper-deflationary currency, Burn (BURN) is built to become more scarce with each transaction that takes place within its economy, while its holders can get rewarded for simply holding the token. The BURN token has been...

INTERNET CITY, DUBAI, Apr. 26, 2022 – LBank Exchange, a global digital asset trading platform, has listed LANDWORLD (LWD) on April 26, 2022. For all users of LBank Exchange, the LWD/USDT trading pair is now officially available for trading. Real estate is one of the most trusted investment destinations across the world, but it’s not an investment destination that anyone can easily invest in even if they want to. As a practical NFT real estate protocol, LANDWORLD (LWD)...

INTERNET CITY, DUBAI, Apr. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list Treecle (TRCL) on April 27, 2022. For all users of LBank Exchange, the TRCL/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on April 27, 2022. With an ecosystem that includes charging station, blockchain accounting, collateral benefits, and DeFi, Treecle (TRCL) builds a platform that provides convenient and transparent electric vehicle (EV)...

BlueSky, a project funded by Twitter to build a decentralized standard for social media, has stated that the company is not controlled by the company following Elon Musk’s purchase. BlueSky Operates Independent of Twitter In a tweet thread on April 25, BlueSky stated that although it was funded by Twitter, the social media platform does not hold any controlling stake in the platform. BlueSky also clarified that Twitter’s funding came with one condition, that the project...

Vlad Tenev – co-founder of the Robinhood trading app – announced on Tuesday that the company is letting go of 9% of its full-time employees. The company’s share price fell shortly afterward to just $10.00 at the time of writing – 12 cents above its all-time low as a public company. According to the co-founder’s blog post, Robinhood experienced a period of hypergrowth from 2019 to 2021. Net funded accounts grew from 5 million to 22 million, and revenue from $278 million to...