Markets

INTERNET CITY, DUBAI, Feb. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list MyCreditChain (MCC) on March 2, 2022. For all users of LBank Exchange, the MCC/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 2, 2022. The market for personal and credit data is growing explosively in today’s data-driven society. And yet, there are issues that need to be addressed on how the data is collected, processed and...

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Bitcoin hasn’t been doing too well as of late. The invasion of Ukraine by Russia and several other factors have caused the world’s number one digital currency by market cap to fall heavily over the past week or two, and now – according to Du Jun, the chief executive of crypto exchange Huobi – bitcoin isn’t likely to experience another bull run until the end of 2024. Du Jun of Huobi Thinks Bitcoin Will Stay Low for Nearly 3 Years Du Jun recently made headlines when he...

Bitcoin underwent some volatile days over the past week, facing its first geopolitical severe conflict throughout its relatively short lifetime. The macro fear has yet to cool down, but judging by the last few days, bitcoin surprised the investor with a huge bounce back from $34K. This buying pressure was from FTX and Bitfinex exchanges and pushed the price to $40K, in correlation with Wall Street’s Thursday reversal (Nasdaq saw a 7% intraday surge). The uncertainty and fear...

After wicking down towards $2300, ETH turned short-term bullish as the uncertainty around the Russia – Ukraine conflict faded. Both crypto and global markets soared over the past few days. As of writing these lines, ETH is testing the key resistance level at $2800. Key Support levels: $2500, $2300. Key Resistance levels: $2800, $3000. ETH will look forward to breaking above the $2800 key level and turning it into support in the near term. If successful, ETH will likely head...

[PRESS RELEASE – Please Read Disclaimer] Little Baby Doge is one of the most promising meme coins and a delight in the crypto space. With a team whose main mission is to raise environmental awareness, LBD introduces unprecedented features to the crypto space, such as its token Buyback event. The successful launch of LBD has introduced a new way to get value from holding Little Baby Doge (LBD) tokens. To put it simply, this is one of the few token burn events that guarantee...

The cryptocurrency and financial markets took a severe hit shortly after Putin ordered a “special military operation” on the territory of Ukraine. However, the markets are pricing the future, and following Biden’s speech that confirmed the US would not apply any severe sanctions – global markets and crypto quickly recovered. Thursday saw a 7% intra-day gain in wall street, and Friday also saw a green spike on Wall Street’s screens. The primary digital asset currently hovers...

Despite the recent turbulence in the cryptocurrency market, Pantera Capital envisioned a surge in bitcoin’s price in the following weeks. According to the investment firm, ‘Tax Day’ could be one of the propellers. Moreover, the cryptocurrency industry might soon separate from traditional financial markets and start trading independently, the company added. Light in The Tunnel Bitcoin’s last several months have been quite bearish. While many proponents expected to see it...

Popular cryptocurrency exchange Coinbase has a white hat hacker to thank after he discovered a potential security flaw that could have resulted in devastating losses for customers. Coinbase Could Have Been Stuck in a Rut The security engineer who discovered the problem goes by the name Tree of Alpha. A real name is unknown at the time of writing, though this white hat hacker has ultimately garnered a bounty of about $250,000 from Coinbase due to his recent discovery....

Western and Asian leaders have revealed more sanctions on Russia after its forces invaded Ukraine. Australia, New Zealand, Taiwan, the European Union, and Japan have all slapped Moscow with fresh embargoes on Friday, fiercely condemning the military aggression that’s unfolding in Ukraine. Amidst the crisis, Ukraine urged the West to ban Russia from SWIFT, the high-security network that expedites payments among some 11,000 financial institutions in over 200 countries. Earlier...