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LBank Exchange Will List Global Trading Xenocurrency (GTX) on June 27, 2022

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Lbank Exchange Will List Global Trading Xenocurrency (Gtx) On June 27, 2022

LBank Exchange, a global digital asset trading platform, will list Global Trading Xenocurrency (GTX) on June 27, 2022. For all users of LBank Exchange, the GTX/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on June 27, 2022.

As a global company that aims to acquire and merge companies that have future value, Global Trading Xenocurrency (GTX) takes a strong position in global competition by combining products from mergers and acquisitions, while providing services such as right of business, indicators system, and more. Its native token GTX will be listed on LBank Exchange at 16:00 (UTC+8) on June 27, 2022, to further expand its global reach and help it achieve its vision.

Introducing Global Trading Xenocurrency

Founded in 2019, Global Trading Xenocurrency (GTX) has been developed as a company that collaborates with numerous companies not only in Korea but also around the world and serves as a bridge between operators and members.

GTX helps new businesses to make their business easier and more accurate by managing the necessary funds and new customers thoroughly through the central system, and creates a smoother and more ideal market for consumers to access various items.

Instead of creating a startup company and operating it, the GTX token will expand the ecosystem through mergers and acquisitions of potential companies. This is because creating synergy through a mixture of products from companies with potential is a shortcut to success while reducing the company’s risk. Beyond national boundaries, it will acquire and merge companies that have potential to match each country’s culture and policies worldwide.

Furthermore, through the membership system, GTX provides various benefits and supports to all members of the company, including mobile phones, Internet + IPTV, rental shopping malls, beauty diet shops, I-bot that is system for people to trade with signature of all the coin price trend, and it strives to create a smooth communication and comfortable environment between all operators and customers.

There’s also a right of business and indicators system in GTX. The indicator system is the system that allows consumers to benefit from purchasing a product, whether the price of the coin goes up or down, by setting the price of the coin paid for the product. With indicator system, the disadvantages of coins with severe fluctuations are solved.

After buying a single business license by an indicator value, members can use it at a discounted price when members purchase goods or use services for a lifetime, and members can earn revenue from their sales activities with the right of business. In addition, GTX will continue to expand its business rights, which will continue to benefit existing members and new members.

About GTX Token

GTX aims to be deeply linked to real life. It emphasizes that all of those expanded business can be reflected in coins and increased asset value, thereby increasing economic independence and wealth in the long run.

Based on TRC-20, GTX has a total supply of 10 billion (i.e. 10,000,000,000) tokens, and GTX returned by the indicator system will be burned quarterly until its total supply remains 5 billion.

The GTX token will be listed on LBank Exchange at 16:00 (UTC+8) on June 27, 2022, investors who are interested in Global Trading Xenocurrency investment can easily buy and sell GTX on LBank Exchange by then. The listing of GTX token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about GTX Token:

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.

Start Trading Now: lbank.info

LBK Blockchain Co. Limited

LBank Exchange

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

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TA- Bitcoin (BTC) Unable To Hold Above $24,000 Ahead Of Bearish Signs

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Ta- Bitcoin (Btc) Unable To Hold Above $24,000 Ahead Of Bearish Signs

The price of Bitcoin BTC has struggled to hold above $24,700 against Tether (USDT) after being rejected from that region. 

Bitcoin in recent times has shown bullish signs after rallying to the $24,000 mark, with many investors speculating this could be the start of the bull run. The price of BTC was rejected from $25,200 and has struggled to reclaim that region.

Bitcoin (BTC) Price Analysis On The Weekly Chart

Weekly BTC Price Chart | Source: BTCUSDT On Tradingview.com

From the chart, the price of BTC saw a weekly low of $19,000, which bounced from that area and rallied to a price of $25,200, making six straight weeks of bullish sentiments.

BTC’s weekly candle closed with a bullish sentiment, but the new week’s candle tends to look bearish, indicating we could have a minor retracement to the next support area of $21,500.

The price has struggled to build more momentum as it faces resistance at $24,000.

If the price of BTC on the weekly chart continues with this structure, it could quickly revisit  $21,500, acting as good support for the price of BTC.

Weekly resistance for the price of BTC – $24,000.

Weekly support for the price of BTC – $21,500.

Price Analysis Of Bitcoin On The Daily (1D) Chart

1660739647 423 Ta Bitcoin Btc Unable To Hold Above 24000 Ahead Of
Daily BTC Price Chart | Source: BTCUSDT On Tradingview.com

The price of BTC found strong support at $22,443, with what seems to be an area of interest on the daily chart.

BTC bounced from its support and rallied to $25,200, where it was faced with resistance and was rejected from that region.

The price of BTC has continued to range in a rising wedge after being rejected from the $25,200 mark. Breaking out of this rising wedge to the downside could mean a retest of the $21,500 support area. 

At the point of writing, the price of BTC is at $23,800, narrowly above the 50 Exponential Moving Average (EMA), which corresponds to $23,400.

BTC needs to hold above this support area that corresponds with the 50 EMA, a break below this region could send the price of BTC to $21,500.

The Relative Strength Index (RSI) for the price of BTC on the daily chart is above 50, but there is a break to the downside on the uptrend line holding the RSI, indicating we could be due for a retracement.

Daily (1D) resistance for BTC price – $24,000.

Daily (1D) support for ETH price – $23,400, $21,500.

Price Analysis OF BTC On The Four-Hourly (4H) Chart

1660739647 602 Ta Bitcoin Btc Unable To Hold Above 24000 Ahead Of
Four-Hourly BTC Chart | Source: BTCUSDT On Tradingview.com

The price of Bitcoin BTC is having a hard time holding above the 50 and 200 EMA prices that correspond to $24,000 and $23,200.

On the 4H timeframe, the 50 EMA is acting as a resistance for the price of BTC after breaking out of the rising wedge in which prices have ranged.

The 200 EMA would act as support for BTC price in case of a sell-off. If BTC fails to hold this support region, we could retest the region of $21,500 as the next support area to hold BTC’s price.

Four-Hourly (4H) resistance for BTC price – $24,000.

Four-Hourly (4H) support for BTC price – $23,200, $21,500.

Featured image from AAX, Charts from TradingView.com 
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DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch with Listings on Coinbase, Huobi, and MEXC

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Defi Yield Protocol (Dyp) Anticipates Metaverse Platform Launch With Listings On Coinbase, Huobi, And Mexc

Bucharest, Romania, 17th August, 2022, Chainwire

DeFi Yield Protocol (DYP) announced listings on several industry-leading exchanges, including Coinbase, Huobi Global, and MEXC. This is just one of the many developments in the project’s fast-paced evolution, including its upcoming Metaverse platform, where users will get to interact with Cats and Watches Society (CAWS) NFTs. Moreover, DYP took center stage at Deep Forest Fest. During this prestigious music festival, DYPians had the great opportunity of meeting the team.

The DeFi Yield Protocol (DYP) is enhancing the list of reputable crypto exchanges listing its DYP token. On June 21, Coinbase disclosed its listing of DYP, while trading started the next day. Later, on July 19, MEXC announced its listing of DYP. Lastly, on July 27, it was Huobi that added DYP to its platform.

DYP supporters, a.k.a. DYPians, can purchase DYP tokens at these major exchanges but also on smaller platforms, including KuCoin, Gate, Poloniex, Bitrue, ZT, Hoo, CoinDCX, and Onus Finance.

Usually, when an asset obtains listings on new exchanges, its price goes through considerable fluctuations. However, DYP did not experience any notable changes with its recent listings. However, its value surged on June 7 from $0.06 to over $0.20. Furthermore, it has continued to trade above that level for almost two months.

Nearly a week after the price surge, DYP published a blog post explaining its Metaverse project and virtual reality (VR) play-to-earn (P2E) game. In it, players can venture with their CAWS NFTs, increase their levels, or use their DYP / iDYP tokens for game-related purposes.

CAWS is an NFT collection of cats-wearing watches that come with the possibility of staking your NFT. Each asset possesses more than 200 unique attributes, including watch preferences and personalities. For the moment, CAWS owners can use their NFT to play a 2D play-to-earn game with attractive rewards for its champions. Players must own at least one CAWS NFT to participate in DYP’s latest GameFi adventure platform. In the near future, the utility of this NFT collection will expand to the Metaverse platform and CAWS will be a companion for the players that own at least one cat in their V.R. adventure. 

Additionally, DYP is increasing its brand awareness by expanding its actions in the real world. For instance, the project sponsored two racing teams for two different events: Racebox and the Mojo Yachting Club to be more precise.

Daniel Garrett, Marketing and Communications Manager at DeFi Yield Protocol, stated in an AMA on Monday that DYP’s project is unique due to its wide range of products, including its NFT collection and Metaverse game.

Also, he elaborated on the project’s plans to onboard more users and reach mainstream adoption by using its Metaverse-related products and launching its IOS and Android apps.

“In general, as you hear more about DeFi Yield Protocol, as you get more familiar with what we’re doing, I think the users are gonna come,” he said. “We’re focused right now, and this is a great opportunity to get in on something on the ground floor.”

Another significant development was DYP’s sponsorship of the Deep Forest Fest. The prestigious event boosted the project’s brand awareness and enabled the team to meet some fellow DYPians. Also, it aligned with the project’s philosophy – “Together we can create unforgettable moments. This is what life is all about.”

About DYP

DeFi Yield Protocol (DYP) seeks to build a decentralized ecosystem incorporating numerous DeFi products and services, including yield farming, staking, NFTs, and Metaverse gaming. The project runs on unique smart contracts using DYP’s proprietary anti-manipulation functionality.

To learn more about DYP Protocol and its progress, visit:

DYP Website| Twitter | Telegram | Discord| Medium

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Coinbase Exchange Reportedly Sued in the State of Georgia

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Sec Launches Fresh Probe Into Coinbase Listing Securities Claim
  • Pomerantz LLP has also filed suit against the exchange.
  • Coinbase is accused of making false and misleading statements.

Coinbase is been sued many times and is under growing scrutiny from authorities. Two law firms filed lawsuits against the cryptocurrency exchange in San Francisco, which is already under investigation by the United States Securities and Exchanges Commission (SEC). Recently it has been revealed by crypto commentator Watcher.guru that the exchange is being sued in Georgio for allegedly failing to protect users from unauthorized transfers.

Bragar Eagel & Squire, a law firm located in New York City, said on Thursday that it will be suing Coinbase for false advertising. Pomerantz LLP has also filed suit against the exchange, claiming it was damaged by the defendant’s alleged breaches of federal securities laws and is thus entitled to restitution. The purpose of this litigation is to award damages to the claimants.

Embroiled in Lawsuits

Coinbase is accused of making false and misleading statements about its business, operations, and compliance activities between April 14, 2021, and July 26, 2022, in two separate charges. The accusations allege that Coinbase concealed the fact that the customer’s crypto held in escrow at Coinbase would be considered part of a bankruptcy estate and subject to procedures in which consumers would be regarded as general unsecured creditors of the corporation.

Coinbase allegedly concealed the fact that it allowed U.S. residents to trade virtual assets that, despite its knowledge and complacency, needed to be registered as securities with the Securities and Exchange Commission (SEC). The complaints allege that as a consequence of Coinbase’s conduct, the company’s public claims have been fundamentally dishonest and misleading from the beginning.

Coinbase has been at the center of numerous high-profile lawsuits and scandals. The two latest lawsuits came as Coinbase is being probed by the SEC for allegedly dealing with unregistered securities. 

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Alphabet Makes $1.5 Billion Investment in Blockchain Sector

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Establishment Of Bitdao’s Layer 1 (L1) Proposed By Bitdao Development Team Headed By Bybit