PRESS RELEASE. Road Town, BVI, November 29, 2023 – LBank Exchange, a global leader in digital asset trading, is set to enhance its platform by introducing Shrapnel (SHRAP), a pioneering blockchain-enabled first-person shooter game. This collaboration marks a significant milestone for both entities in the digital asset space. About Shrapnel (SHRAP) Shrapnel is being hailed […]
Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook
On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $ 2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $ 242 billion, it continues to draw substantial trading activity, totaling $ 15.33 billion over the past …
Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000 ethereum due to a major security incident. Wormhole and Jump Trading ‘Part […]
Bitcoin Technical Analysis: Traders Anticipate US Inflation Data Amidst Tight Trading Range
The crypto market is abuzz with the prospects of bitcoin exchange-traded funds (ETFs), sparking a rush of investments in anticipation of their approval. Investors and traders are bracing for the U.S. inflation report due to drop on Tuesday, which historically shakes up market sentiment and could tip the scales for future Federal Reserve rate hikes. […]
Hong Kong Considers Allowing Trading of Spot Crypto ETFs
Hong Kong is examining allowing the launch of spot cryptocurrency exchange-traded funds (ETFs), given that the risks of these instruments are addressed. In a recent interview, Julia Leung, CEO of the Hong Kong Securities and Exchange Commission, stated that the focus of the organization’s approach was “consistent” regardless of the asset. Hong Kong Open to […]