Crypto news

Bitcoin price started a fresh increase from the $37,150 support against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $39,120 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $42,250 and then $43,000 to continue higher in the near term. Bitcoin price climbed higher above the $40,000 resistance against the US...

INTERNET CITY, DUBAI, Mar. 9, 2022 – LBank Exchange, a global digital asset trading platform, has listed MetaRare (MTRA) on March 9, 2022. For all users of LBank Exchange, the MTRA/USDT trading pair is now officially available for trading. The emergence of NFT brings new opportunities to artists, art collectors, and investors. To make it easy for everyone to participate in the NFT market, MetaRare (MTRA) is building a next generation NFT platform where the best artists...

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 7th March. For a more complete list please follow our twitter...

INTERNET CITY, DUBAI, Mar. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Best Fintech Investment Coin (BFIC) on March 10, 2022. For all users of LBank Exchange, the BFIC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on March 10, 2022. Although crypto market has been growing rapidly since its emergence, there still lacks a truly crypto-based digital economy. To build one like none of the other cryptocurrencies...

Sygnum Singapore – a subsidiary of Switzerland’s Sygnum Bank – received in-principle approval from the country’s top financial regulator to conduct three additional activities. These include providing corporate finance advisory services, dealing in capital market products, and offering custodial services. Sygnum to Enable More Opportunities Upon obtaining full approval from the Monetary Authority of Singapore, the digital asset bank will be able to leverage its existing...

A city in Switzerland called Lugano is taking a page right out of El Salvador’s book. The region has announced that it will make bitcoin legal tender. In other words, bitcoin can be used just like fiat currency, and businesses and companies throughout the area will be required to accept it as a method of payment. Switzerland Is Pushing Crypto Further Switzerland has long been a huge crypto advocate, which is good given that the country has a longstanding history as a...

Credit Suisse – a Switzerland-based global investment bank – released a report yesterday predicting radical change to the global monetary system. Given western inflation dynamics and eastern geopolitical tensions, the firm expects a “new monetary world order” based on commodity-backed currencies to emerge – in which Bitcoin will likely benefit. Breton Woods III The analysis by investment strategist Zoltan Pozsar was titled “Bretton Woods III,” harkening back to the Bretton...

Members of Congress like Senator Elizabeth Warren – a democrat of Massachusetts – have written a letter to Janet Yellen, the Treasury Secretary under Biden, to ensure that crypto exchanges are working with the U.S. government to ensure that sanctions imposed on Russia are being fully complied with. Elizabeth Warren Is Worried Crypto Can Help Russia Elizabeth Warren – along with Senators Sherrod Brown, Mark Warner, and Jack Reed – want to make sure that crypto exchanges...

INTERNET CITY, DUBAI, Mar. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list Kunci Coin (KUNCI) on March 10, 2022. For all users of LBank Exchange, the KUNCI/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 10, 2022. Blockchain technology has brought solutions to many real-world problems since its emergence. To make it more accessible and applicable to various industries, Kunci is building the next generation...

Dallas-based cryptocurrency mining organization – Blockmetrix – disclosed it had raised $43 million in a Series B investment round. Thus, the company’s total venture funding reached $50 million. Blockmetrix Stepping up According to the announcement, the fresh financing included investors from the United States, Australia, and several nations in Asia. Blockmetrix vowed to employ the $43 million to expand its operations by securing additional digital asset mining rigs. Founded...