Connect with us

Blockchain

LBank Weekly Listing Report, 13th September 2022

Avatar Of Rajesh Khanna

Published

on

Lbank Weekly Listing Report, 13Th September 2022
google news

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 LBankExchange 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 13thSeptember.

For a more complete list please follow our twitter@LBank_Exchange

  • Project: STSR
  • Listing date: 13th September
  • Key words: Initial listing, ERC20
  • Official Website: http://satelstar.io/

About:

SatelStar is aiming to be a satellite base broadcasting services world wide leveraging the efficiency and cost effectiveness of Blockchain.  And SatelStar also targets to launch 2nd and 3rd satellites at a higher orbit for an advanced and higher quality services 

About:

$MNTL is governance and staking token securing the MantleChain along with supporting the MantlePlace (NFT marketplace) transactions: minting, trading, royalties, and fees. Initially, the token will also help bootstrap genesis creators, liquidity provision, and NFT minting and trading activities through retroactive rewards and airdrops.The token will also used for bootstrapping the curation of the platform (via Mantle DAO) which plays an integral role in an NFT marketplace governance.

  • Project: GAND
  • Listing date: 14th September
  • Key words: Listed on Coincred,Coinlord,Indoex, Mainnet
  • Official Website: https://www.gandercoin.com/

About:

GanderCoin is a modernistic peer-to-peer based electronic cash. It launched in the market as India’s first and foremost digital coin.The goal of GanderCoin is to introduce a completely new form of payment to the cryptocurrency industry. It is supported by Scrypt encryption.

  • Project: XRD
  • Listing date: 14th September
  • Key words:  listed on bitfinex, gate, mexc,xt, digifinex, Mainnet
  • Official Website: https://www.radixdlt.com/

About:

Radix is the only smart contract platform that started from the problem of how to decentralize the $400 trillion global financial system and worked backwards from that objective. After more than 9 years of research, testing, and focused development, Radix is poised to take the world of DeFi by storm with Scrypto, its intuitive asset-oriented programming language; Radix Engine, the world’s first programmable DeFi engine; and Cerberus, a consensus algorithm that can support unlimited scalability and atomic composability.

About:

MBH is a functional multi-utility token that is a core of exchange between participants in the Marble Heroes P2E. MBH is required to buy ammunition or energy for the game and to upgrade NFT characters. MBH is also used as the economic incentive which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the Marble Heroes. MBH tokens will be provided to players and creators as an incentive to continue to develop the game and the surrounding communities. 

  • Project:  MMAI
  • Listing date: 14th September
  • Key words: Metaverse, listed on Uniswap, Bitmart, ERC20
  • Official Website: https://www.metamonkey.ai/

About:

Metamonkey AI can integrate real-world AI technology into any metaverse. Metamonkey AI offers solutions for companies to enhance user experiences and generate new revenue streams with Metamonkey AI’s proprietary AI software and applications.Real World AI Technology Solutions for The Metaverse.

  • Project:  SOLAS
  • Listing date: 15th September
  • Key words: NFT, Initial listing, ERC20
  • Official Website: https://solashc.com

About:

Solas is a project to create a blockchain-based smart healthcare network. The key part of this is personal health record (PHR) data, which is a key part of the solar ecosystem. Solas wants to collect medical data managed by existing medical institutions through consultation and DPHR (Decentralized Personal Health Record) through DID (Decentralized identifiers), reducing mutual information asymmetry through data, and allowing access and sharing of medical and health records.

  • Project:  ARIX
  • Listing date: 15th September
  • Key words: Listed on FInexbox、Pancake, BSC
  • Official Website: https://arix.exchange/

About:

ARIX token is a revenue-generating coin that allows parties to transact business and receive revenues on the platform. Arixdex it’s internet DEX .The revenues will automatically be transmitted into ARIX token holders’ accounts once the trade is concluded. In this regard, ARIX anticipates generating interest whenever a successful transaction takes place on the platform.

  • Project:  RBTR
  • Listing date: 15th September
  • Key words: DEFI, listed on Pancake,Biswap, BSC
  • Official Website: https://rbtr.info/

About:

The RBTR token is usable in arbitrage platforms where users can use a native arbitrage engine to find and exploit arbitrage opportunities across cryptocurrency platforms. Like rubot.info, pumpsignal.io, ukrobo.com and robot.trade.RBTR token supported in both Web 2.0 and Web 3.0 platforms. Web 2.0 for arbitrage in centralized exchanges and Web 3.0 for decentralized exchanges.Users must pay 1 RBTR token to see each arbitrage trade signal.

Summary of Last Week’s Listings –5th September to 12th September, 2022

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 more than 210 regions around the world.

Start Trading Now:

Visit Our Social Media:

Join Our Community:

Contact Details:

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.

google news
Advertisement

Blockchain

Here’s Why This Expert Thinks The Next Crypto Bearish Trend May Be Near

Avatar Of Rajesh Khanna

Published

on

Here'S Why This Expert Thinks The Next Crypto Bearish Trend May Be Near
google news

The past few months have brought a rollercoaster experience for the prices of cryptocurrencies. The crypto market has been hovering due to the impact of macro factors. But the past 24 hours created a new move of strength in the market.

Almost all the assets made positive moves to push the market into the green. The price of Bitcoin has gradually climbed to its critical level of $20K as the token amassed over a 2.5% uptrend. In the early trading hours of today, the BTC price reached $20,342.

Bitcoin price trends above the $20,000 mark l BTCUSDT on Tradingview.com

The bullish trend cuts across the altcoins and other crypto assets. Ethereum has crossed the $1,350 level as it rose by over 1.8% over the past day.

Dogecoin (DOGE) made a tremendous reclaiming with a surge of over 8% over the past 24 hours. This mark an outstanding bullish strength in the digital asset market for today.

Also, Ripple (XRP) redirected its pattern through an increase of about 5% in the last 24 hours.

Experts Think Digital Assets Market Can’t Sustain A Price Rally

Experts predict another bottom for the crypto market despite its recent impressive price movements. They think the crypto assets lack sustainability for the price rally and will soon experience a bearish trend.

The CEO of Eight Global and crypto analyst, Michael van de Poppe, commented on a possible turn of the crypto market. He thinks that the value of the US dollar will soon rally. According to him, such a new development will impact the crypto market through a slight correction.

Additionally, the data for US unemployment is set to be announced on Friday. In his thinking, Michael Poppe stated that the data could be wrong and negatively affect the crypto market.

In recent years, macroeconomic conditions have negatively affected the crypto market. As a result, such conditions now dictate the price trend in the market. This follows the strong correlation between crypto and traditional general markets.

Crypto Market Still In Struggle

Despite its recent bullish trend, there are still signs of struggles in the crypto market. The US Federal Reserve took a hawkish stance in its controlling measures against inflation. With its approach of increasing interest rates and tightening other financial operations, many people are in fear.

Following hikes in rates by global economies, the United Nations has requested that they avert the use of an aggressive approach. Instead, the UN highlighted a possible global recession with the stance of most central banks. But the American central bank will not tune down its force.

Oil prices are adding to the tension in the raging macroeconomic environment. As a result, the Organization of Petroleum Exporting Countries (OPEC) has planned to reduce supplies to hike oil prices, the worst reduction since 2020. The OPEC is expected to hold its meeting on Wednesday for its final decision.

Featured image from Pixabay and chart from TradingView.com

google news
Continue Reading

Blockchain

Bitcoin Price Breaking This Confluence Resistance Could Spark Strong Surge

Avatar Of Rajesh Khanna

Published

on

Bitcoin
google news

Bitcoin price is showing positive signs above $20,000 against the US Dollar. BTC could start a strong surge if it clears the $20,500 resistance.

  • Bitcoin is gaining pace above the $19,800 and $20,000 resistance levels.
  • The price is trading above $20,100 and the 100 hourly simple moving average.
  • There is a key bullish trend line forming with support near $20,150 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair could gain bullish momentum if there is a clear move above the $20,500 resistance.

Bitcoin Price Remains Supported

Bitcoin price attempted an upside break above the $20,500 resistance zone. However, BTC struggled near the $20,450 zone and started a downside correction.

There was a move below the $20,000 support zone, but the price remained supported well above the 100 hourly simple moving average. It traded as low as $19,754 and recently started a fresh increase. There was a clear move above the $20,000 and $20,200 resistance levels.

Bitcoin price climbed above the 50% Fib retracement level of the recent decline from the $20,475 swing high to $19,754 low. It is now trading above $20,100 and the 100 hourly simple moving average. Besides, there is also a key bullish trend line forming with support near $20,150 on the hourly chart of the BTC/USD pair.

It also cleared the 76.4% Fib retracement level of the recent decline from the $20,475 swing high to $19,754 low. On the upside, an immediate resistance is near the $20,450 level. The next major resistance sits near the $20,500 zone.

Source: BTCUSD on TradingView.com

A proper close above the $20,500 resistance might start another increase. In the stated case, the price could even surpass the $21,000 resistance zone. In the stated case, the bulls might aim a move towards the $22,000 level.

Dips Supported in BTC?

If bitcoin fails to rise above the $20,450 resistance zone, it could start a downside correction. An immediate support on the downside is near the $20,200 zone.

The next major support is near the $20,100 zone and the trend line. A downside break below the trend line might send the price towards $19,750. The main support is near $19,500, below which the price might start a steady decline.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $20,200, followed by $20,000.

Major Resistance Levels – $20,500, $21,200 and $22,000.

google news
Continue Reading

Blockchain

XRP Continues Positive Moves, Added Over 11% In A Week

Avatar Of Rajesh Khanna

Published

on

Xrp
google news

Ripple (XRP) has been steadily climbing, adding over 12.50% in the past seven days. This is despite its ongoing case with the SEC coupled with the overall bearish market sentiments. 

The bulls have managed to keep the XRP token flying high above $0.48 and are edging to break through its $0.50 resistance. XRP experienced a rocky start last week Wednesday, falling below its $0.44 floor price. However, the coin quickly gained momentum the next day, adding over 13% gains before the end of the trading day.

Related Reading: Low Volatility Crypto Market Supplies Surprisingly Stable State Of Fear

Ripple Closed Its Best Month In 2022

September was a good month for Ripple as it closed out the best month since the beginning of the year. In the previous week, XRP’s price on the weekly chart approached a significant resistance level at $0.56. However, it was unsuccessful in breaking through that level. 

This resistance is a combination of the yellow rising line and the horizontal barrier seen in red. By the way, a weekly red candle following several consecutive green candles is not uncommon by any means. 

XRP retested the $0.56 level again on the 29th but couldn’t sustain it. It finally closed the month with a $0.49 high. Upward momentum is anticipated once the price of the asset breaks and sustains a closing above $0.56.  We might see this soon enough unless it drops below the $0.4 support level. 

XRP’s price is currently trading at $0.4929. | Source: XRPUSD price chart from TradingView.com

XRP Holds Its End Against BTC

XRP’s over 12% weekly gain isn’t the only thing that caught our attention. The asset also held its end against Bitcoin (BTC). Although the XRP/USD exchange rate is down 0.5%, it is up 1.5% to 3% against BTC. In comparison to Bitcoin, the XRP price has increased by more than 50% over the previous three weeks. This puts XRP at levels not seen since the summer of 2021.

XRP price movement might have several causes. Of course, the primary driver is the SEC’s legal battle with Ripple, which seeks to recognize XRP as a security. Recent events seem to favor XRP and Ripple, but the final verdict is not yet out.

The second, less obvious explanation may be today’s announcement about SWIFT and CBDC tests. SWIFT successfully tested several technologies with CBDC. Financial institutions from France and Germany, including their central banks and commercial counterparts, participated in the experiments. They explored using CBDC worldwide and converting it to fiat if needed.

What Next For Ripple

Ripple is currently trading at $0.4928 and is set to retest the $0.50 resistance floor. As long as buyers outnumber sellers, this uptrend is likely to continue. However, if the price reaches a critical level of $0.44, bears may come in as they did on September 23.

Related Reading: XRP Price Could Get A 23% Boost From This Bullish Formation Breakout

The 12% weekly gain demonstrates that buyers are dedicated to taking XRP over $0.50 and $0.55. Achieving this goal will pave the way for the token to go to $0.70 soon.

Featured image from Pixabay and chart from TradingView.com

google news
Continue Reading

Blockchain

Bitcoin (BTC) Will Test 14K Mark Instead Of Skyrocketing, Analyst

Avatar Of Rajesh Khanna

Published

on

Btc
google news

Despite Bitcoin recording substantial gains in the last few days, an analyst believes it’ll nosedive to $14k. Earlier this week, BTC experienced rocky times before giving the bulls something to cheer about. Despite the coin trading above its $20k resistance, popular trader Il Capo of Crypto believes it won’t hold this position for long.

The general sentiments surrounding bitcoin are positive, and investors are optimistic that the price will continue to rise. However, there is a lot of uncertainty regarding how far the price can go up. 

Related Reading: Bitcoin Bulls Snap Back With The Bollinger Bands | BTCUSD Analysis October 5, 2022

Analyst Sees BTC Nosediving To 14k Soon.

Il Capo of Crypto, a popular crypto swing trader with over 500k followers, shared some bearish sentiments about the coin. In his tweet on October 5th, he mentioned that Bitcoin would reach a local top between $20,400 – $20,100. After that, it’ll show bearish signs and tip over to new lows. 

20500-21000 hasn’t been touched and there’s no ltf distribution. Expecting the last leg up soon. Then ltf bearish signs, and reversal to new lows (14k-16k). – Il Capo of Crypto.

As of writing, Bitcoin still hasn’t crossed the $21.4k mark and is currently trading at $20,035. It has also recorded a 1.48% decrease in value since yesterday. The market cap of the cryptocurrency stands at $383 billion.

Other Experts Think Otherwise

On October 4th – 5th, Bitcoin (BTC) demonstrated strength by surpassing the $20,000 barrier after gaining 5% on the day. Some investors speculate the market to rise to $28,000 after the move liquidated $75 million in leverage short (bear) holdings. According to Mustache, the declining channel continues to apply its pressure. However, there may be sufficient strength to challenge the upper channel trendline at $21,500.

The price movement on October 4 coincided with better circumstances for global equities markets. The S&P 500 index rose 3.1%, and the tech-heavy Nasdaq Composite climbed 3.3% over the same time period.

Surprisingly, morale rose amid job opportunities in the United States falling by 1.1 million in August. The drop was the biggest since April 2020. This indicates that the aggressive tightening of money by the U.S. Federal Reserve could end sooner than expected. Bitcoin may have broken the $20,000 barrier due to widespread optimism. However, this does not mean institutional investors are satisfied with the current price.

Bitcoin’s price is currently trading above $20,000. | BTCUSD price chart from TradingView.com

What Next For Bitcoin

It seems like Bitcoin is going through a phase where it is consolidating. There is a possibility that the price will fall back to $19,000 as the bears attempt to take control. If this happens, we might see a retest of the $14,000 level, as Il Capo of Crypto suggested. Conversely, if the bulls manage to push the price higher, we might witness another run towards the $25,000 level.

Related Reading: GMX Token, Arbitrum Favorite Get Listed On Binance, What Next?

Recent news like the dollar DXY index drop and the Credit Suisse situation might help keep the market bullish. We can only see where the pioneer crypto moves in the coming days.

Featured image from Pixabay and chart from TradingView.com

google news
Continue Reading

Blockchain

Bitcoin Blows The Highest Daily Candle Since Last 24 Days

Avatar Of Rajesh Khanna

Published

on

Bitcoin Blows The Highest Daily Candle Since Last 24 Days
google news

After wading through a declining path for weeks, the crypto market and Bitcoin have suddenly entered another phase. The past few days have proved to be favorable for prices in the market. Almost all crypto assets are making impressive northward movements.

For the primary cryptocurrency, its moves to reclaim value are commendable. Bitcoin has reached the $20,000 region as it made more gains. In addition, the token finally closed a daily candle across the critical level.

Also, the altcoins are making significant progress with positive movements during the trading hours of the last few days.

Bitcoin Closes Daily Candle Above $20K

The $20K is one of the critical levels for Bitcoin. Over the past few weeks, BTC went down below this mark due to the solid bearish pull in the crypto market. But the leading crypto asset is gradually bringing back its value this week.

Bitcoin has finally closed a daily candle higher than $20,000 for the first time since September 17. This new feat strengthens the token positively, hovering between $18,000 and $24,000 for some months. Furthermore, this new position is the highest daily close for BTC in almost 24 days.

This recent price movement has stirred lots of participants in the crypto space. Many are watching to see the sustainability of BTC on this level.

At the time of writing, BTC is trading at around $20,247, indicating an increase of 0.44% over the past 24 hours. Its market cap has grown to $385.8 billion. Also, BTC’s dominance over the altcoins sits at about 40.19%, with a rise of 0.23% within the past day.

Bitcoin Surpasses The $20,000 mark l BTCUSDT on Tradingview.com

Most Altcoins Gained With GMX As Top Performer

The broader crypto market is feeling the bullish trend too. The altcoin has shown positive value reclaim within the past few days.

Most of the altcoins are in the green though some have not shown a massive increase in value over the past day. For the top 10 crypto assets by market cap, Dogecoin (DOGE) and Ripple (XRP) take the lead. They recorded about 6.2% and 3.6% gains in the values.

GMX, the native token of the GMX cryptocurrency, proved to be the top performer among the altcoins over the past 24 hours. The token amassed over 30% gain in its value. It is trading at around $55.27 at the time of press.

The performance of GMX could be in connection with the recent announcement from Binance to list the token in its innovative zone. However, EVMOS emerged as the top loser. The crypto lost more than 4% over the past day.

The impressive outplay of all the cryptocurrencies pushed the cumulative market capitalization to $960.13 billion. This figure shows an increase of about 0.34% over the past 24 hours.

Featured image from Pixabay and TradingView.com

google news
Continue Reading

Blockchain

NFT Tech Announces Closing of C$1,005,000 First Tranche of Private Placement

Avatar Of Rajesh Khanna

Published

on

Nft Tech Announces Closing Of C$1,005,000 First Tranche Of Private Placement
google news

VANCOUVER, British Columbia–(BUSINESS WIRE)–$NFT #cryptoNFT Technologies Inc. (NEO: NFT | OTC Pink: NFTFF | FRA: 8LO) (the “Company” or “NFT Tech”), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce that further to its news release dated September 22, 2022, it has completed the first tranche of its non-brokered private placement (the “Private Placement”) of units (“Units”) for gross proceeds of C$1,005,000 through the sale of 6,699,999 Units at a price of C$0.15 per Unit.

On September 22, 2022, NFT Tech announced its proposed private placement for an aggregate of up to C$2,000,000 through the sale of up to 13,333,333 Units (the “Offering”). This closed first tranche of Units represents approximately 50% of the total Offering. The Company anticipates closing its second tranche on or before October 15, 2022 , however, the Offering is not subject to a minimum amount of funds being raised, and there may be no second tranche closure.

Each Unit is comprised of one common share of NFT Tech (the “Unit Shares”) and one warrant (a “Warrant”) to purchase a common share (the “Warrant Shares”). Each Warrant is exercisable at any time for a period of two years from the date on which such Warrants are issued and at a price of $0.30 per share, and are governed by the terms and conditions of a warrant indenture entered into between NFT Tech and Odyssey Trust Company, as warrant agent. Pursuant to the warrant indenture, if the volume-weighted average price of its stock over 10 consecutive days traded on the NEO Exchange at or more than $0.60, the Issuer has the option to accelerate the expiration date of the warrants to a date that is 30 days from the date of written notice in the form of a press release or other form of notice permitted.

The net proceeds from the Offering are intended to be used to fund the cash portion of the purchase price of the Company’s previously-announced acquisition of Run It Wild and for general working capital purposes.

The issued and outstanding common shares of NFT Tech are listed for trading on the NEO Exchange under the ticker symbol “NFT”; on the Frankfurt exchange in Germany, under the symbol “8LO”; and on the OTCPINK in the United States under the symbol “NFTFF”. The Warrants do not, and are not anticipated to have, a public trading market.

About NFT Tech

NFT Tech works to develop infrastructure, assets, real estate and IP in the metaverse, build and generate revenue from web3 games and assets, and bring insights and benefits to the public markets. By bridging the gap between traditional capital markets and the Web3 space, NFT Tech is mainstreaming decentralized ownership, NFTs, and the metaverse.

Follow us on social media:

twitter.com/nfttech
medium.com/@nfttechnologies

Cautionary Note on Forward-Looking Information

This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company. These forward-looking statements generally are identified by words such as “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” and similar expressions. Forward-looking statements in this press release include statements relating to closing of the private placement; potential benefits and demands for direct-to-consumer NFT projects; potential benefits, development and acceptance of web3 and related applications; continued employment of Run It Wild employees and the value of their experience; plans for accelerating growth; and the continued public acceptance of NFTs. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release including, without limitation, the risk factors described in the Prospectus. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable laws.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its contents.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933 (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Contacts

Wayne Lloyd, Executive Chairman

Email: [email protected]
Phone: +1 (604) 800-5838

google news
Continue Reading

Trending