Blockchain
LBank Weekly Listing Report, 13th June 2022
Internet City, Dubai–(Newsfile Corp. – June 14, 2022) – 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 LBank Exchange 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 13th June.
For a more complete list please follow our twitter @LBank_Exchange
Project: LXTO
Listing date: 13th June
Key words: Others, Initial listing, ERC20
Official Website: http://luxtto.io/index_eng.html
About:
LuxTTO is a truly blockchain base tokenomics enbling people to travel, enjoy life at luxurious tour attractions and acquire a benefit of gaining wealth by random lotto form of funds.
Project: KSPC
Listing date: 13th June
Key words: Others, Initial listing, TRC20
Official Website: https://kspcblockchain.com/
About:
Kspc is a blockchain-based e-commerce platform launched on ethereum blockchain.
Project: MABC
Listing date: 13th June
Key words: NFT, Initial listing, ERC20
Official Website: https://www.artb-global.com/
About:
MABC token is for art with blockchain. We mint NFT of art and with MABC users can join art of MABC. We hold offline Event for art and artist.
Project: RTN
Listing date: 13th June
Key words: DEFI, Listed on Digifinex, BSC
Official Website: https://rtncoin.com/
About:
RTN is community-driven Defi token built on Binance Smart Chain, a fastest-growing smart contract environment.
Project: WZM
Listing date: 14th June
Key words: NFT, Listed on hotbit, ERC20&BSC
Official Website: http://woozoomusic.com/
About:
WOOZOO Music (WZM) is a project for Music & Singers in a Virtual World (VR). Currently, we have beliefs that depend solely on real things and real facts. Through Metaverse, a virtual augmented technology of the 4th industrial technology; it summons all the musicians who can meet in the real world. Build a transparent and reliable trust protocol ecosystem through blockchain technology.
Project: NDCC
Listing date: 14th June
Key words: Defi Payment, Initial listing, Mainnet
Official Website: https://nasdac-cryptocoin.com/
About:
The NASDAC Crypto Coin is a Full-Blown, Next Generation Crypto Coin with its own Dedicated Block Chain. NASDAC Coin is unique in multiple ways and this is fact is by specific design, not an accident. A complete “Four Square” Technical Architecture and Advanced Algorithmic Design Integration was developed by Intention and NOT by accident or a Joke. NASDAC Crypto Coin has been designed and specifically Built-For-Business! NASDAC Coin is without debate, Crypto Currency’s First SUPER COIN.
Project: CC
Listing date: 14th June
Key words: SocialFi, NFT, Public Chain, listed on MEXC, Hoo, pancake, BSC
Official Website: https://cloudchat.cc
About:
CloudChat Token, a cryptographic social platform and digital pass circulation ecology based on blockchain technology, aims to provide underlying protocol support for anonymous mapping communication networks and cross-regional anonymous chats through the application of blockchain technology and the introduction of Web 3.0 protocols. Through profound knowledge and accumulation of the industry, as well as adherence to decentralized beliefs and liberalism, CC Token blockchain social platform will allow to lead an era of anonymous network with asset security and full freedom.
Project: KIKI
Listing date: 14th June
Key words: ERC20
Official Website: http://www.kiki.finance
About:
KiKi Finance is a multi-chain aggregated, open, decentralised staking platform. Users can enjoy high staking yield from selected staking projects in the form of $KIKI
Project: MERCE
Listing date: 15th June
Key words: Metaverse, Gamefi, Initial listing together with BitMart, BSC
Official Website: https://metamerce.org/
About:
First Metaverse entertainment city, utilizing blockchain technology for a truly secure experience.
Metamerce is an entertainment city in Metaverse where the business model of centralized block chain allows merchants to add their stores and enables crypto holders to securely pay with crypto currency. Metamerce also offers shopping, networking, professionally or on friendly basis and chatting domains. Metamerce also offers3D gaming for gaming enthusiasts at the moment, video games give the closest Metaverse experience available.
Project: GULF
Listing date: 15th June
Key words: Blockchain、Finance、Defi Payment, Initial listing, BSC
Official Website: https://gulfofficial.com
About:
The GulfCoin is a BEP-20 coin. The white paper was released in January 2022.
The company behind GULF, GULF software and technology, is investing heavily in the expansion of its ecosystem. Its primary goal has always been to enable marginalized communities to embrace the digital revolution and improve their understanding of the digital realm.
Project: MLP
Listing date: 15th June
Key words: Defi, Listed on uniswap, ERC20
Official Website: https://myliquiditypartner.com/
About:
My Liquidity Partner is a program that utilizes your coins within the most performing liquidity pools, runs on Uniswap. With the advanced algorithms and experts, we are able to give our Liquidity Partners up to a 2.5% weekly return on the deposit.
Summary of Last Week’s Listings – June 6th to June 12th, 2022
Name: COOPS
Weekly gain: 15340%
Official Website: https://coopsnft.io
Trade here: https://www.lbank.info/exchange/coops/usdt/#innovation
Name: 7PXS
Weekly gain: 6040%
Official Website: https://7pixels.io/
Trade here: https://www.lbank.info/exchange/7pxs/usdt/#innovation
Name: SHIT
Weekly gain: 780%
Official Website: https://pieceofshit.wtf/
Trade here: https://www.lbank.info/exchange/shit/usdt/#innovation
Name: JPEGVAULT
Official Website: https://www.jpegvault.io/
Trade here: https://www.lbank.info/exchange/jpegvault/usdt/#usd
Name: M1VERSE
Weekly gain: 18%
Official Website: https://leisuremeta.io/
Trade here: https://www.lbank.info/exchange/m1verse/usdt/#innovation
Name: SRCX
Weekly gain: 2120%
Official Website: https://www.sourceprotocol.io/
Trade here: https://www.lbank.info/exchange/srcx/usdt/#innovation
Name: CTL
Weekly gain: 735%
Official Website: https://www.coution.io/
Trade here: https://www.lbank.info/exchange/ctl/usdt/#innovation
Name: HOP
Weekly gain: 153%
Official Website: https://app.hop.exchange/#/send?token=ETH
Trade here: https://www.lbank.info/exchange/hop/usdt/#innovation
Name: HITOP
Weekly gain: 12%
Official Website: https://www.hitop.id/
Trade here: https://www.lbank.info/exchange/hitop/usdt/#innovation
Name: LNR
Official Website: https://lunar.io/
Trade here: https://www.lbank.info/exchange/lnr/usdt/#innovation
Name: MOVEZ
Weekly gain: 158%
Official Website: https://www.movez.me/
Trade here: https://www.lbank.info/exchange/movez/usdt/#innovation
Name: BGC
Weekly gain: 74%
Official Website: https://begamingcoin.io/
Trade here: https://www.lbank.info/exchange/bgc/usdt/#innovation
Name: ITEM
Weekly gain: 2%
Official Website: https://itemverse.io/?ckattempt=1
Trade here: https://www.lbank.info/exchange/item/usdt/#innovation
Name: LEGO
Weekly gain: 42%
Official Website: https://www.legocoinlive.com/
Trade here: https://www.lbank.info/exchange/lego/usdt/#innovation
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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 6.4 million users from more than 210 regions around the world.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/127653
Leading up to Friday’s Bitcoin (BTC) halving, investors opted to remain on the sidelines rather than increase their exposure to cryptocurrencies. CoinShares’ latest report on digital asset fund flows reveals that crypto funds experienced $206 million in outflows last week, while trading volumes for Exchange-Traded Products (ETPs) dropped to $18 billion.
James Butterfill, head of research at CoinShares, noted, “These volumes represent a lower percentage of total Bitcoin volumes (which continue to rise) at 28%, compared to 55% a month ago.” He attributed this decline in investor appetite to expectations that the Federal Reserve would maintain interest rates at elevated levels for a longer duration.
In terms of regional flows, the United States led the outflows with $244 million exiting incumbent ETFs by the week ending April 19. Butterfill highlighted that newly issued ETFs still received inflows, albeit at lower levels compared to previous weeks. Germany and Sweden saw outflows of $8.3 million and $6.7 million, respectively, while Canada experienced inflows of $29.9 million. Switzerland, Brazil, and Australia also witnessed inflows of $7.8 million, $5.5 million, and $2.2 million, respectively.
Butterfill observed that although Bitcoin saw outflows of $192 million, there were minimal flows into short-Bitcoin positions. Ethereum (ETH) experienced outflows of $34 million for the sixth consecutive week. However, multi-asset funds saw improved sentiment, attracting $8.6 million in inflows. Additionally, Litecoin (LTC) and Chainlink (LINK) received inflows of $3.2 million and $1.7 million, respectively.
The report highlighted that blockchain equities sustained their 11th consecutive week of outflows, totaling $9 million, as investors remained concerned about the halving’s impact on mining companies.
In a separate analysis of the post-halving crypto mining industry, CoinShares analysts suggested that many miners might transition to serving the artificial intelligence (AI) sector, which has become more lucrative. They anticipated a shift towards AI in energy-secure locations, potentially leading to Bitcoin mining operations relocating to stranded energy sites.
The analysts projected a 10% decline in the Bitcoin network’s hash rate after the halving as miners deactivate unprofitable ASICs. However, they expected the hash rate to reach 700 exahash (EH/s) by 2025. As of the current data, the Bitcoin hash rate stands at 596.22 EH/s.
The report also noted that substantial cost increases are anticipated due to the halving, with electricity and production costs nearly doubling. Mitigation strategies include optimizing energy costs, enhancing mining efficiency, and securing favorable hardware procurement terms. Miners are actively managing financial liabilities, with some utilizing excess cash to significantly reduce debt.
Source: kitco.com
The post Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI appeared first on HIPTHER Alerts.
According to reports, the New York Stock Exchange (NYSE) is exploring the possibility of introducing round-the-clock trading, a model akin to that of cryptocurrency markets. In a bid to gauge market sentiment, NYSE’s data analytics team has circulated a survey among market participants. The survey seeks feedback on whether there is support for 24/7 or extended weekday trading hours and, if so, what measures should be implemented to safeguard traders against overnight price fluctuations. As of now, NYSE, alongside Nasdaq and the Chicago Board Options Exchange, operates from Monday to Friday, spanning from 9:30 am to 4:00 pm Eastern Time.
In the United States, assets like cryptocurrencies, United States Treasurys, foreign exchange, and major stock index futures are already tradable 24/7. Certain brokerages, such as Robinhood and Interactive Brokers, provide access to U.S. stocks throughout the week via a “dark pool” trading venue, catering to international retail investors during their local trading hours.
However, recent reports indicated that Robinhood suspended its 24-hour trading services amidst heightened tensions between Israel and Iran, prompting concerns among investors regarding the sustainability of continuous trading.
Effectively managing liquidity in a 24/7 trading environment has proven challenging for trading platforms within the cryptocurrency industry.
According to cryptocurrency research firm Kaiko, there’s often a mismatch between the operating hours of traditional financial institutions and the needs of major crypto traders and market makers. Traders frequently find themselves losing sleep during periods of extreme market volatility.
While the results of NYSE’s survey haven’t been revealed, Tom Hearden, a senior trader at Skylands Capital, conducted his own poll among his 19,300 followers, asking if they would support NYSE transitioning to 24/7 trading hours. Interestingly, over 70% of the 1,459 respondents voted “No.”
NYSE’s survey coincides with the efforts of startup firm 24X National Exchange, which is seeking approval from the Securities and Exchange Commission (SEC) to launch the first exchange in the country operating round-the-clock.
The FT said, citing two persons familiar with the subject, that the SEC has “months” to study the proposed rule change, and other relevant issues, such who should shoulder expenses and the function of clearing houses, are already being considered by other stakeholders.
“How loud they will be playing in the middle of the night is unknown to me. However, the decision of whether something is commercially feasible or not actually shouldn’t be made by the SEC, James Angel, a Georgetown University finance professor, told FT.
“I support letting the market make the decision. We’re all better off if it succeeds, and the exchange’s stockholders lose out if it fails.
After the company withdrew an application in March 2023, alleging operational and technological concerns, it is the second attempt to receive SEC clearance.
Source: cointelegraph.com
The post NYSE gauges interest in 24/7 stock trading like crypto appeared first on HIPTHER Alerts.
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