Crypto news

Bitcoin has been treading in volatile waters. Despite the recent price dump, though, the Bitcoin network has hit yet another high, this time, in terms of mining difficulty. Higher Difficulty For Bitcoin Miners According to the latest data from CoinWarz, the Bitcoin difficulty increased by 5% to 27.97 trillion on February 18. In a span of three weeks, the metric went through positive readjustments twice, with the first one reaching 26.64 trillion on January 21. To put things...

More and more customers of traditional banks and financial institutions are seeking ways to retain their monetary freedom and find new methods of investing. Crypto’s popularity is growing steadily every day, and there are now several banks seeking to provide their clients with ways of garnering crypto and adding digital assets to their portfolios. The latest bank to join this list is Valliance, which has chosen Bakkt as the official institutional platform that will grant...

The Russian Finance Ministry introduced public notices and said they started developing a comprehensive regulatory framework for the cryptocurrency industry. During the discussions, citizens and financial market players will be able to give their proposals on the matter. What Has Happened so Far? Ever since the start of 2022, Russia’s top authorities haven’t been able to come to an understanding of how to approach the digital asset sector and what rules to impose on it. The...

Despite the relatively positive technical structure in the short time frame and the early signs for a bullish sentiment in the futures market, the macro factors are still acting as a source of uncertainty. Technical Analysis By: Edris Long-Term Bitcoin’s price is still consolidating above the $40k mark. Last week, it was rejected by the $46k area, making a pullback towards the broken 50-day moving average. The 50-day MA successfully supported the price, pushing it towards the...

[PRESS RELEASE – Please Read Disclaimer] The Binance Smart Chain-based Scrooge Token project has announced the launch of its native SCRG token. The asset has been made available for trading on exchanges starting February 8, 2022. The Scrooge Token was officially made available for trading on the PancakeSwap exchange on February 8, marking the deployment of the asset for use by the broader decentralized community. The SCRG token is designed to be a fair token for all classes...

INTERNET CITY, DUBAI, Feb. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list Export Motors Platform (EMP) on February 22, 2022. For all users of LBank Exchange, the EMP/USDT trading pair will be officially available for trading at 17:00 (UTC+8) on February 22, 2022. Blockchain technology has been providing solutions to existing problems in various fields since its emergence, and the rapidly growing used-car export market could be one of them....

INTERNET CITY, DUBAI, Feb. 16, 2022 – LBank Exchange, a global digital asset trading platform, will list XRoad Initiative (XRI) on February 22, 2022. For all users of LBank Exchange, the XRI/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on February 22, 2022. The need for maintaining individual data integrity and security has become ever more important in recent years. As an intersection for management of user’s data from off-chain to...

INTERNET CITY, DUBAI, Feb. 17, 2022 – LBank Exchange, a global digital asset trading platform, will list KTOPSTAR (KTS) on February 21, 2022. For all users of LBank Exchange, the KTS/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on February 21, 2022. When it comes to making content, the production system behind it plays an essential role. However, the current content production system has to invest in the future value only through production...

INTERNET CITY, DUBAI, Feb. 18, 2022 – LBank Exchange, a global digital asset trading platform, has listed Sharity (SHARI) on February 18, 2022. For all users of LBank Exchange, the SHARI/USDT trading pair is now officially available for trading. New cryptocurrencies with different missions have been constantly emerging since the birth of blockchain, and some of them are created to serve a good cause. Just like Sharity (SHARI), a blockchain project that aims to...

Bitcoin cash price started a fresh decline from the $360 resistance against the US Dollar. The price is now trading below the $330 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $328 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a clear move below $300 in the near term. Bitcoin cash price is struggling below $330 against the US...