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Bitcoin gets a new rival?

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After Bitcoin climbed at $8500 and Justin Sun bid $4.57 million for having lunch with Warren Buffett, all the news indicated that Bitcoin would raise at $9000, but it fell below $8,000 suddenly. Nevertheless, cryptocurrency is at the beginning of a big bull market now.

According to a new poll by crypto analyst: DonAlt, investor’s portfolios are all comprised by major tokens, such as BTC and ETH. Besides, a popular token called LinkToken (LTK) issued by a Chinese team attracted global attention.

Launched at Coinall Exchange

According to the announcement of LianXiang Cloud, LinkToken had launched at Coinall Exchange which belongs to OKEx Exchange group, users can recharge now and Exchange will open LTK/BTC pair at 17:00 pm on June 14, withdraw operation will be allowed at 17:00 pm on June 18. To celebrate the launching of LinkToken, LianXiang Cloud will airdrop million tokens to fans.

As the partner of OKEx, Coinall Exchange shared tens of millions of users and resources with OKEx. It is said that LianXiang Cloud is also applying for legitimate rights of trading LinkToken in other countries,In partnership with many Exchanges, LinkToken will launch at them per week.

What is LinkToken?

LinkToken is the workload proof of shared resources based on LianXiangCloud blockchain technology in the shared computing ecosystem, it can measure, register and demonstrate resources fairly.

Users acquire LinkToken by sharing bandwidth, storage space and other computing resources with intelligent hardware which is recognized by LianXiangCloud.

According to reports, there are more than 1.5 million users participated in LinkToken.

Quadrupled in price last 40 days

LinkToken had increased from 0.2$ to 0.9$ since April, soared more than 400% in 40 days, more volume and users are along with it, LinkToken is the most talked about tokens among investors in 2019.

More exciting news are proliferating, according to rumors, LianXiangCloud has obtained Philippine CEZA digital currency license which can solve liquidity problem of LinkToken, with the open source plan of LianXiangCloud Chain phasing,LinkToken’s ecosystem has earned its first pattern. Not surprisingly, more good news will release in the next few months.

Recently Good News

LinkToken is great for real scenario, which has been favored by many senior crypto traders since issued. Recently, a series of actions by LianXiangCloud gived the market great confidence, which has directly led to a four-fold increase in price last 40days.

Firstly, completed the handover and independently operated.

According to the announcement of LianXiang Cloud, LinkToken had officially become the token of Xiangyun Cloud chain, a public chain owned by LianXiang Cloud in May this year, it would develop in a transparent way.

LianXiang Cloud will publish whitepaper, launch blockchain browser, open node, intelligent contract and source code, set up community and so on to build scenarios and circulation environment for LinkToken.

LianXiang Cloud Chain is a public chain, it will release final codes of whitepapers, blockchain browser, wallets and so on, especially open nodes. At the same time, LianXiang Cloudwill also provide completed intelligent contract and virtual machine service, build communities with all the users, and welcome trade.

This means that the value of LinkToken will be fully released, which became the horn of price boom.

Secondly, LianXiang Cloud has quite gone according to plan and surging user confidence. It officially announced to open source code on June 3.

LianXiangCloud opened source code

2019-06-03

Dear users,

The public chain LianXiangCloud created by LianXiangCloud has opened source code today. The first open source data node code can be used to synchronize data across all blocks on LianXiangCloud.

Github Address: https://github.com/lianxiangcloud/lk-chain

The source code of LianXiangCloud will be continuously updated. The first version is mainly for LinkToken’s book synchronization feature.

Super nodes and other features’code will open in the future versions.

The browser officially launched on June 5 which would support the query of data information on the chain.

LianXiangCloud browser officially launched

2019-06-05

Dear users,

LianXiangCloud browser has launched today, browser address: https://explorer.lianxiangcloud.com

LianXiangCloud browser contains all the data of the blockchain. By integrating and indexing the data on the chain, it can support quick query based on transaction hash, block number and address of account, everyone can find all related transaction information conveniently.

With launching browser, all the data on the chain can be reviewed easily, we will continue to build a transparent ecosystem of LianXiangCloud chain.

Openness and decentralization of nodes, which were the weakness part of LinkToken had been solved, enhanced users confidence directly.

Beyond that, LianXiangCloud obtained Philippine digital currency trading license

Cagayan Special Economic Zone (CEZA) in Philippines has always been friendly to digital currency policy, many famous exchanges have set up business here, such as Huobi. The license from CEZA means legal status for payment, international remittance and other use scenarios, LinkToken will appear on more trading platforms in the future.

Looking at the Future Prospect from the Basis

However, what really supports the future space of LinkToken is its inherent basic part, the reason why LinkToken is called “the first Chinese currency” in the workshop is also from its basic point of view.

LianXiangCloud is a Fujian New Land Group subsidiary. Fujian New Land Group has a long history and most of its shareholders come from state-run capital company. Main business such as digital citizenship construction has relationship with national projects, LinkToken is definitely worth expecting.

In addition to traditional large projects such as BTC, Ethereum and EOS, a common blockchain project with ten thousand users can be identified as popular, the number of people in telegraph group is usually less than 100,000. The community is still an oligopoly market which has not reached consensus. LinkToken’s valuation has got the limitless foreground with million users.

The most representative usage scenario of LinkToken is shared computing. Users get LinkToken by sharing resources and then exchange it for value-added services and products. For now, LinkToken Mall has already attracted more than 200 merchants settled, including many well-known brands such as iQIYI and Netease Yanxuan, this is totally different from those gambling and game applications on Ethereum and EOS, LianXiangCloud will expand more application scenarios in the future.

The value of digital currency depends on its application. The performance and number of users of LinkToken can compete with EOS, its price is still at a low point.

Above all, LinkToken has got rid of bondages and will become more valuable by continuous positive news.

Altcoins

Ethereum Price Outlook as the DXY Index Crash Continues

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Cryptocurrency prices remained in an upbeat tone on Thursday as the US dollar index continued its bearish move. Bitcoin, the biggest cryptocurrency in the world, rose to $23,165, the highest level in months. Similarly, Ethereum has risen by more than 4% in the past 24 hours while BNB Coin and XRP surged to $307 and $0.41, respectively. 

US dollar index retreats

Cryptocurrencies have an inverse relationship with the US dollar index. For example, the DXY, which looks at the performance of the greenback vs other currencies, soared to a 20-year high of $115 in 2022. As that happened, cryptocurrencies like Bitcoin plunged during the year.

The foundation of this relationship is the Federal Reserve. In most periods, the US dollar index tends to rise when the Fed is extremely hawkish and vice versa. And it was extremely hawkish in 2022 as it hiked interest rates by more than 400 basis points. 

Therefore, while the Fed has remained hawkish recently, the US dollar has dropped because of what the data is saying. Data published recently showed that America’s inflation is easing. The closely watched consumer price index dropped to 6.5% in December while core inflation fell to 5.7%. 

At the same time, other parts of the economy are showing that the American economy is indeed recoiling. Retail sales dropped sharply in December while many…

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more. One of the ways to have a successful…

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Campden Wealth Partners with GDA Group to Enter Digital Asset Markets

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Blockchain conglomerate GDA Group joins as Campden Wealth’s newest Corporate Partner for 2021. Based in Toronto, GDA group provides access to all verticals of the crypto capital markets to institutions and private investors. The two institutions once operated on different verticals, so the partnership indicates a new era of portfolio allocation and asset diversification. Digital assets, including bitcoin, are becoming a vital component of modern investment strategies. GDA Group provides multiple avenues for digital asset exposure, including trading services through their institutional trading desk Secure Digital Markets, including non-recourse lending up to $100M through GDA Lending, and private placements through their capital markets arm GDA Capital

“Institutions have spent a decade on the sidelines, evaluating the risks of this burgeoning sector. Now, in less than 6 months we have seen billions in institutional and private capital enter the space,”  says James Godfrey, FX and International Banking Advisor to GDA Group. “Our relationship with Campden will illustrate the maturation of this industry and where we are headed next. New stakeholders will need experience, resources and insights to navigate this new market and evaluate upcoming opportunities.”

 “The Campden Community is constantly balancing the needs of wealth creation for the future, with wealth preservation…

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