We’re excited to announce that LBank Exchange—the world-class digital asset trading platform—has integrated Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, LBank Exchange will have access to high-quality, tamper-proof price feeds needed to help secure perpetual futures trading on the platform. This will provide our users with stronger assurances that LBank futures contracts are using reliable, high-quality market data for asset...
Read More »Last Time This Cross Happened, Bitcoin Plunged 15% Immediately (BTC Price Analysis)
The positive momentum in the crypto markets is now being shadowed by a cross of two significant moving average lines. A death cross occurs when the MA-50 crosses below the MA-200 line. This time, the cross was between the MA-100 crossing below the MA-200 line. Reviewing the historical incidents where this cross took place, the market has reacted negatively last time, causing a 15% correction in June – July 2021 following the previous incident of a death cross. Technical...
Read More »Facebook Market Cap Falls Below $600 Billion as Stock Slide Continues
Why do I have to complete a CAPTCHA? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future? If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network...
Read More »Tron (TRX) Price Analysis: Dips Turn Attractive Near $0.062
Tron price started a decent increase above the $0.0600 level against the US Dollar. TRX price is now trading above $0.0620 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0630 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it stays above the $0.0620 support zone. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to bitcoin. TRX price could rally...
Read More »Bitcoin Price Analysis: BTC Rally Faces Hurdle Near $45K
Bitcoin price started a fresh increase above the $40,000 zone 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 $38,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is now facing a major resistance near $45,000 and might correct lower. Bitcoin price gained pace above $40,000 against the US Dollar. BTC even spiked...
Read More »LBank Exchange Will List JK Coin (JK) on February 10, 2022
INTERNET CITY, DUBAI, Feb. 7, 2022 – LBank Exchange, a global digital asset trading platform, will list JK Coin (JK) on February 10, 2022. For all users of LBank Exchange, the JK/USDT trading pair will be officially available for trading at 13:00 (UTC+8) on February 10, 2022. Metaverse and Gaming have become one of the most popular entertainments in recent years, leading its market towards exponential growth across the globe. JAKA Corporation is a metaverse developer of...
Read More »SoftBank-Backed Startup to Offer Crypto Trading (CNBC Report)
DriveWealth – a SoftBank-backed start-up that assists fintech firms in offering stocks – will reportedly provide cryptocurrency trading services to clients. To do so, the company will acquire Crypto-Systems – a separate digital asset organization based in the United States. DriveWealth to Compete with Coinbase CNBC reported that shortly after the acquisition, the start-up will launch two subsidiaries to offer Bitcoin and Ethereum trading opportunities to partners in April or...
Read More »MicroStrategy Has Lost a Lot of Money On BTC
MicroStrategy has already lost nearly $150 million this quarter largely because bitcoin’s price has dipped so much. MicroStrategy Stock Has Fallen Due to BTC It wouldn’t matter if bitcoin fell on its own. The problem is that the company has invested in the digital asset so much that stock shares are practically tied to the digital currency, and thus when BTC falls, the company is likely to fall with it. Chief financial officer Phong Le explained in an interview that the...
Read More »Total Supply Of Decentralized Stablecoin DAI Exceeds $10 Billion
Currently, DAI is the fifth-largest stablecoin by market capitalization. Tether (USDT) may have continued to be the market leader after all these years, but DAI has the perk of being open-source and decentralized – something that’s sought after in the DeF community. DAI Ascends According to Makerburn, the total supply of MakerDAO’s DAI, a decentralized stablecoin, has shot up to a whopping $10 billion on February 8th. Moreover, its supply from stablecoin collateral stands at...
Read More »Michael Saylor: Crypto Should Be Regulated
Michael Saylor – the man behind MicroStrategy, a software firm that’s made a name for itself buying bitcoin – is confident proper regulation would help the crypto space become more legitimate. He thinks the right rules will be a “catalyst” for BTC, the world’s number one digital currency by market cap. Michael Saylor Is Pro Regulation In a recent interview, Saylor said: Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and...
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