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Hong Kong, Hong Kong, January 25th, 2024, Chainwire Following the triumph of its third Launchpad initiative with ACGN Protocol, LBank has accomplished yet another milestone by concluding its fourth Launchpad event featuring EchoLink.  This innovative project marks a significant breakthrough in Decentralized Physical Infrastructure Networks (DePIN) and the Internet of Things (IoT) sectors. EchoLink leverages a unique Proof of Device Work (PoDW) mechanism, revolutionizing data interaction. The event successfully raised 130,425,381 USDT from 74164 participants, underscoring the escalating interest in this dynamic sector. The native token of EchoLink.Network, $Echo, is set to debut on LBank and commence trading on January 26th at 06:00 (UTC), symbolizing a pivotal moment for this burgeoning ecosystem. Background and Significance EchoLink, a DePIN-oriented IoT oracle on the Solana blockchain, acts as a transformative gateway for a multitude of IoT devices. Beyond being a bridge, it ampl...

Road Town, BVI, January 25th, 2024, Chainwire In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of Gala Music (MUSIC) on January 25, 2024. Users of LBank Exchange can brace themselves for the MUSIC/USDT trading pair, which went live already. Gala Music (MUSIC) is a blockchain-based decentralized platform on GalaChain, offering a unique music experience with control and transparency for artists and rewarding engagement for fans through perks, incentives, and the MUSIC token, which can be used for various purposes including purchasing exclusive access and merchandise. Introducing Gala Music: A Blockchain Revolution in Music Engagement and Monetization LBank Exchange is thrilled to announce the listing of Gala Music (MUSIC), an innovative platform poised to transform the music industry by leveraging the power of blockchain technology. Founded with the vision of creating a d...

London, United Kingdom, January 24th, 2024, Chainwire Algotech (ALGT) is revolutionizing cryptocurrency trading with its advanced decentralized algorithmic trading platform, disrupting traditional manual trading methods. By utilizing cutting-edge algorithms and blockchain technology, Algotech ensures transparency , immutability , and security , overcoming the limitations of manual trading. Its platform is tailored for the dynamic realm of cryptocurrency trading, executing precise investment strategies. In the world of algorithmic trading, Algotech (ALGT) stands out by leveraging data-driven analysis, complex algorithms, and automation, mitigating the impact of human intuition and emotions. This shift towards algorithmic trading, powered by machine learning and artificial intelligence , positions Algotech (ALGT) to capitalize on opportunities in rapidly growing markets, especially in cryptocurrencies. The Algotech platform brings a myriad of benefits, ushering in a new era of trading e...

Jan. 24th, Panama - Gate.io, a leading crypto exchange and Web3 innovator, has released its January 2024  Proof of Reserves (PoR) , verifiably demonstrating $4.3 billion in total held assets with a ratio of 115.47%, representing over $584 million retained in excess of user deposits. The latest report also demonstrates an increase of $1.1 billion in value since the previous report this past November and marks the fourth year Gate.io has produced user-verifiable PoR. Gate.io's newest report covers more than 171 digital assets, the most of any exchange. An additional 59 assets have been included since the previous report, 26 of which are BRC-20 tokens, including SATS, ORDI, MUBI, TRAC, NALS, PIZA (PIZABRC), PEPE (PEPEBRC), and others. Each of the 171 assets is reported to have a reserve ratio of ≥100%. Additional key data from the report includes: Total Reserve Value: 4,363,990,957 USD Extra Reserves: 584,704,086 USD Total Reserve Ratio: 115.47% ...

Swiss fintech Taurus, supported by Deutsche Bank, now offers tokenized securities trading to retail clients following regulatory approval. The firm recently received approval from Switzerland’s Financial Market Supervisory Authority (FINMA) to offer tokenized securities to retail clients. Retail users can now participate in capital raises and trade digital assets and tokenized securities through Taurus’s regulated platform. The update not only diversifies the client base but also enhances the liquidity of digital securities. It offers a unique opportunity for companies to access primary and secondary markets, catering to a broader range of investors. We've just obtained FINMA approval to extend our financial services and TDX marketplace to retail clients ! Retail investors can now access and trade the full spectrum of digital securities in a safe and compliant manner. https://t.co/lHWvyaocDn pic.twitter.com/bq60IbmUD7 — Taurus (@taurus_hq) January 23, 2024 ...

Host of the Cheeky Crypto YouTube channel predicts ADA could hit 74 to 84 cents once the market recovers.  The analyst said another big correction could follow the bullish rally.  Nick estimates the expected Fed interest rate cut will boost capital inflow into ADA. Nick, a prominent crypto analyst and host of the Cheeky Crypto YouTube channel, has predicted that Cardano (ADA) could possibly hit a bullish surge to new highs once the selling pressure in the market cools.  In a video posted on YouTube, Nick argued that the recent steep fall in ADA’s price could continue for a while. The analyst said the decline in ADA’s value presents a good buying opportunity for crypto investors before another surge to the upside.  Nick estimates that ADA will see a bullish recovery alongside a rally in Bitcoin’s price. On how high the token will go, the analyst predicts a rise to the 74 to 84 cents range. At press time, ADA was selling for 45 cents apiece....

The cryptocurrency market is currently experiencing a significant phase, with major players facing pivotal moments. Bitcoin, the most prominent cryptocurrency, has seen a downward trend, recently approaching the $40,000 mark. This decline reflects in the global crypto market cap, which has experienced a 1.65% loss, settling at $1.62 trillion. These market movements are influenced by various factors, including Grayscale's substantial Bitcoin sell-off and the impact of Bitcoin ETF approvals, adding layers of complexity to the crypto trading environment. In this fluctuating market, it makes sense to look for the best-performing and underrated cryptocurrencies. To determine the most valuable coins, we encourage you to examine our list of the best coins on the market that, in our opinion, can deliver explosive returns in a rather short timeframe. ScapesMania: A Newcomer to the Crypto Scene ScapesMania reaches new heights in the crypto universe, so make the most of the early bir...

Palo Alto, USA, January 23rd, 2024, Chainwire Inaugural Sui ecosystem event comes to Paris April 10-11, 2024 Today, Sui Foundation and Mysten Labs announced Sui Basecamp, the first global conference dedicated to the Sui ecosystem, and a celebration of the builders and entrepreneurs building on Sui, the Layer 1 blockchain and smart contract platform the initial contributors of which are the technology team that emerged from Diem, Meta’s blockchain project. A premier event for the broader web3 ecosystem, Sui Basecamp will take place in Paris on Wednesday, April 10th and Thursday, April 11th 2024, and will feature builders and partners from all over the world as the web3 community descends on the city of lights for Paris Blockchain Week. Both days will feature well-known speakers inside and outside Sui, to be announced in the upcoming weeks, and subjects of conversation will range widely from macro commentary on the industry as a whole, economics, cryptography, regulation, and the Mo...

In a groundbreaking announcement, Republican 2024 presidential candidate and former Arkansas governor Asa Hutchinson strongly supported the crypto mining industry. This endorsement holds significant promise for the mining community, including Bitcoin Minetrix (BTCMTX), Dogecoin (DOGE), and BlockDAG (BDAG) . Hutchinson’s commitment to the thriving mining sector offers a robust foundation for investors to consider new projects like BlockDAG for profitable crypto mining, as its X-Series miners have the potential to change the face of the mining industry completely. Bitcoin Minetrix: Stake-to-Mine Innovation Bitcoin Minetrix's pioneering "Stake-to-Mine" concept has already turned heads within the crypto community. The innovative model allows BTCMTX token holders to stake their coins, generating "mining credits" over time. These credits can be exchanged for cloud mining power, eliminating the need for expensive hardware and technical expertise. Hutchinson...

In the ever-fluctuating realm of market trends and dynamic predictions, a standout analyst has garnered the crypto community's focus with an audacious declaration. This seasoned expert, notably recognized for precision in forecasting Bitcoin's market bottom, has redirected attention toward three noteworthy altcoins—Retik, Polygon, and Bonk—underscoring their prospective trajectory for an impressive 50x return in 2024. Amidst the ongoing evolution of the crypto landscape, these altcoins are swiftly asserting themselves as pivotal contributors in the transformative reshaping of the entire industry. Retik Finance: Bridging Fiat and Crypto Worlds Retik Finance, now Certik audited, stands out with a groundbreaking vision to bridge the gap between traditional financial systems and the crypto realm. Unlike aiming to replace fiat currency, Retik Finance endeavours to create an interface facilitating seamless transactions between the fiat and crypto worlds. Traditional banking ...

The cryptocurrency market is ever-evolving, and as we approach the anticipated bull run in 2024, several tokens are signalling their potential to lead the charge. In this comprehensive guide, we'll delve into the projections, developments, and unique features of six standout cryptocurrencies that are expected to front-run the upcoming surge: Retik Finance, Avalanche (AVAX), Pepe ($PEPE), IOTA, XRP, and Sui (SUI). Retik Finance: Bridging Traditional and Decentralised Finance Retik Finance has emerged as a revolutionary force in the crypto space, particularly with its innovative solution - the Retik DeFi Debit Cards. These cards serve as a seamless bridge between traditional and decentralised finance, allowing users to utilise their cryptocurrency holdings in real-world transactions. Key Features of Retik DeFi Debit Cards Spend Anywhere, Anytime: Users can make everyday purchases, shop online, pay bills, and conduct transactions at physical stores, just like traditiona...

Ripple (XRP) faces a precarious moment as it battles to maintain support at the pivotal $0.55 price level. According to crypto trader Ali, a breakdown below there risks sparking significant capitulation that could extend as low as $0.34. In a recent tweet, Ali cautioned followers to prepare for the possibility of substantial downside should $0.55 fail to contain selling momentum. That would represent a nearly 40% drop from current levels. Also read: Ripple: Analyst Expects XRP To Hit $2.8 If This Happens $XRP is currently grappling to maintain its footing at the crucial $0.55 support level. Should this support fail to hold, be prepared for a possible sell-off scenario that could see #XRP descending toward $0.34! pic.twitter.com/6oKObjpnnm — Ali (@ali_charts) January 18, 2024 XRP has struggled to reclaim momentum following a failed rally last month built largely on optimism around a Bitcoin spot ETF in the U.S. Approval of the landmark crypto product provided only a f...

The cryptocurrency market is showing signs of entering a long-term bull market, indicated by key on-chain signals for Bitcoin (BTC). The on-chain value map, combining realized capitalization, liquid supply, and coin days destroyed, suggests Bitcoin is at its "fair value," historically a precursor to bull markets. Additionally, Bitcoin's realized market capitalization is trending upward, another bullish sign. The threshold of long/short-term holders, analyzed by Glassnode, reveals a unique situation with long-term holders at an all-time high and short-term holders at a low, hinting at a potential market shift. Amidst these market dynamics, certain cryptocurrencies have shown exceptional performance, with reports of a holder earning $550k in just 8 hours. Of course, it would be unreasonable to claim that any cryptocurrency in the text below will achieve such success, but certain coins are coming closer than ever. Do not miss your chance to potentially lock in astronomic...