Blockchain
LBank Weekly Listing Report, 25th July 2022
Internet City, Dubai–(Newsfile Corp. – July 26, 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 25th July.
For a more complete list please follow our twitter @LBank_Exchange
Project: E2COIN
Listing date: 25th July
Key words: DeFi, Iniatial listing, BSC
Official Website: http://www.energy-empire.net/
About:
ENERGY Empire is a new business model supported by blockchain technology, a new energy model. It’s going to be very windy. Blockchain is basically trusted because all transactions are P2P-reviewable. Play an intermediate role through a possible technology infrastructure. ENERGY PERMY is based on a smart contract. It is a new and new platform that can create and trade peer-to-peer (P2P) as a platform that connects generators and consumers directly to the electric pool.
Project: NPR
Listing date: 25th July
Key words: NFT, Real estate, Initial listing, ERC20
Official Website: http://nipperture.io/index_eng.html
About:
Nipperture tokenizes each real estate product and sells it in the form of an asset token. The sale of the property is entrusted to the buyers of the Nipperture property token, and the sale will proceed automatically if the promised return is achieved at the time of purchase. Rental income is paid every three months, and sales income is paid at the time of sale. Real estate token investors can resell real estate tokens through the Nipperture platform token market to have exchangeability.
Project: SDT
Listing date: 25th July
Key words: Others, Listed on flybit, ERC20
Official Website: https://stakedao.org/
About:
Stake DAO is a new multi-service DeFi platform built by the community which leverages the entire DeFi ecosystem to give users access to the most effective investment strategies, token swap & transfer and buy crypto assets with fiat money (EUR, GBP or USD).
Project: FIDLE
Listing date: 25th July
Key words: Metaverse, Listed on MEXC, ERC20
Official Website: https://fidle.io/
About:
Fidle Coin is a decentralized digital currency that’s based on blockchain technology, a better and more efficient payment and reward alternative on the fidle social network. Fidle Coin is the official token of the fidle platform, a digital token that is totally tradeable on global exchanges and can also be exchanged for digital and physical goods and services on the fidle platform. Fidle Coin can be stored in a digital wallet, traded, swapped, exchanged and fully decentralized.
Project: CPS
Listing date: 25th July
Key words: Public Chain, Initial listing, BSC
Official Website: https://www.crypto-stone.io/
About:
Cryptostone is an anonymous and No-KYC blockchain ecosystem that utilizes blockchain technology as a financial tool in people’s lives. Cryptostone token ($CPS) is the native utility token of the Cryptostone project.
Project: QUINT
Listing date: 26th July
Key words: Others, Listed on mexc，bitmart, BSC
Official Website: https://quint.io
About:
Quint’s motto is ‘Connecting the Metaverse to the Real World’, unlocking unique value and visible benefits for its investors. The token’s utility is huge and real-world use cases are unique. We want to appeal to the 96% of the world that doesn’t currently invest in crypto to increase global adoption of crypto, deFi and blockchain technologies. This is enabled through our revolutionary super-staking pools that offer real-world returns, rewards and perks as well as crypto compounding.
Project: TRCAIR
Listing date: 25th July
Key words: Public Chain, Initial listing, BSC
Official Website: https://www.tronair.me/
About:
The TRONAIR protocol aims to provide a token economy and leverage prepaid system based on the TRC chain. By issuing BTC tokens linked to users’ cryptographic asset values, anyone can easily supply liquidity, deposit cryptocurrency to increase interest income, and minimize asset loss due to consumption.
Project: OPT
Listing date: 26th July
Key words: MEME/NFT/DEFI, Initial listing, BSC
Official Website: https://www.optimustesla.io/
About:
Optimus is a Tesla meme and NFT-Fi project founded by early Tesla Stock holders.
Project: PRX
Listing date: 28th July
Key words: DEFI, Listed MEXC/ Cointiger/ pancake/ Coinmarketcap, BSC
Official Website: https://www.parex.market/
About:
Parex was introduced to investors as the best example of a decentralized marketplace by Dexchain, which has a unique blockchain base. These markets allow for the listing of Blockchain, ERC20, TRC20, TRON, and MyDexChain-based coins, as well as the trading of market-specific stablecoins. Furthermore, these systems, which include clearing and exchange systems, have no transaction fees. The massive amount of electricity used in bitcoin mining has been cut in half.
Project: STP
Listing date: 28th July
Key words: S2E (show to earn), NFT, Initial listing, ERC20
Official Website: https://www.showtimeprotocol.xyz/
About:
STP (ShowTime Potocol) aims to provide value which integrates everyone, including performance agencies, users, and even the blockchain industry beyond the performance industry, into a common autonomous economy market.
It provides a platform for filming WEB3 performance and converting content into NFT (content production, content trading, physical product production) through STP (ShowTime Protocol) showpad.
Project: ASY
Listing date: 28th July
Key words: Metaverse, Initial listing, Listed on STEX, latoken, BSC
Official Website: https://www.asyagro.io/
About:
Asyagro is an International platform aimed to developed platform for agricultural Industry to obtain spontaneous advantages of blockchain Technology into Agro Industrial sector. Where individuals and companies can directly interact with each other through Blockchain Technology and utilize Asyagro platform with various innovative solution of IOT, Web 3.0 and Asyagro own blockchain. After massive innovation of Virtual World being into place like NFT & Metaverse. Asyagro going to create history of its own Virtual Agro World in future for individuals and Companies. This is a Coin that will become a tool for the agro industrial market, and with the help of which user of the agro based blockchain platform will be able to conduct their transactions on the purchase and sale of goods in the agricultural Sector.
Project: BLET
Listing date: 29th July
Key words: GAMEFI, Listed bittrex, ERC20
Official Website: https://blockearth.io/
About:
Blockearth is a peer-to-peer game publishing platform that allows users to create and sell in-game assets in the form of entertainment.
Summary of Last Week’s Listings – July 18th to July 24th, 2022
Name: MOTG
Weekly gain: 112%
Official Website: https://motg.network/
Trade here: https://www.lbank.info/exchange/motg/usdt/#usd
Name: TOKKI
Weekly gain: 190%
Official Website: http://www.cryptokki.com/
Trade here: https://www.lbank.info/exchange/tokki/usdt/#inno
Name: XGT
Weekly gain: 41%
Official Website: https://xion.finance
Trade here: https://www.lbank.info/exchange/xgt/usdt/#inno
Name: QAA
Weekly gain: 2%
Official Website: https://www.qommodity.io/
Trade here: https://www.lbank.info/exchange/qaa/usdt/#usd
Name: CSTN
Weekly gain: 310%
Official Website: https://www.csto2o.io/
Trade here: https://www.lbank.info/exchange/cstn/usdt/#usd
Name: XTZ
Weekly gain: 35%
Official Website: https://tezos.com/
Trade here: https://www.lbank.info/exchange/xtz/usdt/#inno
Name: CIC
Official Website: https://cicchain.net
Trade here: https://www.lbank.info/exchange/cic/usdt/#inno
Name: ICP
Official Website: https://dfinity.org/
Trade here: https://www.lbank.info/exchange/icp/usdt/#inno
Name: BANDEX
Weekly gain: 1%
Official Website: https://bananataskforceape.com
Trade here: https://www.lbank.info/exchange/bandex/usdt/#inno
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131798
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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