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Btlux Will Exclusively List IHC With A Series of Rewarding Events
The world has experienced the largest economic shock in decades due to the coronavirus pandemic. Despite the crisis, the emergence of blockchain technology has brought new hope to the world. As professional platforms for digital asset trading, digital asset exchanges play a key role in the age of digital economy.
Btlux, the world’s first crypto exchange to bridge the gap between the real economy and digital economy, has officially launched. Btlux is committed to developing the ecosystem of crypto assets, providing the most professional crypto asset trading services for global investors, and creating the most fair and just digital asset trading platform.
China became the first major economy to grow in spite of the coronavirus pandemic. There are many high-quality enterprises in China, but it is usually hard for overseas investors to invest in them. Nevertheless, BtLux offers global investors an easy way to gain promising returns from those Chinese companies. All projects listed on BtLux have great intrinsic value and prospects, including solid support of substantial industry and large-scale user base. The consensus among these incremental users makes it easy to gain synergy from the application expansion built with inbound marketing.
With more than 200 risk control measures, Btlux offers professional, safe and stable digital asset trading experience globally. It creates a secure, efficient, stable and fair trading platform for all users via a professional technical operation team and a 24/7 customer service team. Meanwhile, Btlux Exchange is focused on empowering physical industry incubation through blockchain with a new partnership model, aimed at shaping new industry rules and creating a cross-cutting financial ecosystem.
The first project listed on BtLux is SEA. BtLux and SEA are both incubated and invested by the Singapore V Foundation. SEA is a second-generation value exchange network designed to provide infrastructure for node business operations. SEA integrates the underlying blockchain technology with the real economy while BtLux builds a trading platform for high-quality blockchain projects and provides integrated financial services for the digital ecosystem of the real economy.
An airdrop will be launched as BtLux has officially gone live. You just need to sign up for BtLux exchange, complete second-level KYC and follow BtLux on Twitter to win your SEA for free. Moreover, a new project IHC (Intelligent Health Chain) will be exclusively listed on BtLux with a series of rewarding events, offering a good chance to invest in a robust project backed by the digitalized real economy. Our events include the IHC price quiz and the initial listing bonus. Their details are available on our official website and social media channels. At the same time, BtLux intends to get the trading platform listed by incubating and mentoring those good projects in the real economy, so it has launched the Genesis Partner Equity Incentive Plan “Apollo Project Contract” (APC), which can help participants get 150%-300% profits. In the future, BtLux will keep expanding globally and has lots of rewards and events in store for users worldwide, so please stay tuned to our social media for more updates.
BtLux will lead the digitalization of the real economy and create a global ecosystem of digital economy. It is believed that there will be more opportunities as BtLux moves toward the digitalized real economy.
For more information, please check out: https://www.btlux.co/.
For updates, follow BtLux on Twitter (@BtluxExchange) and Telegram (http://t.me/btlux).
Ethereum price has been hovering around its highest level in 7 months for the past few days amid a boost in the crypto market. ETH has jumped more than 49% in its year-to-date price, increasing 5% in the past week. Ethereum’s total market cap has slipped by more than 3% over the last day, while the total volume of the altcoin traded increased by more than 6%.
Fundamentals
Just like most cryptocurrencies, Ethereum price found support in the recent fiasco in the banking sector. The recent vulnerability in the banking sector pumped liquidity in the global crypto market as investors shifted to other assets such as cryptocurrencies. Bitcoin, the largest cryptocurrency by market cap, saw its price hit its highest level in 9 months, while Ethereum jumped to a 7-month high.
The global crypto market was in the red later on Wednesday as investors chewed on the Fed’s latest interest rate decision. The Federal Open Market Committee (FOMC) announced on Wednesday a 25-basis point hike in the federal funds to 5%, down from 4.75%.
According to a statement by the US Federal Reserve, the FOMC remains highly attentive to inflation risks as it seeks to achieve an inflation rate of 2%in the long run. The Committee also announced that it anticipates additional policy firming to help in attaining a stance of monetary policy to aid in achieving the 2% target.
According to the Fed’s…
Bitcoin price has been hovering above its highest level since June 2022 over the past few hours. The largest cryptocurrency by market cap has jumped by 28.30% in the past week, while its year-to-date price inches higher to 70.63%. Bitcoin’s total market cap has increased by 4.77% over the last 24 hours to $547.7 billion, while the total volume of the coin traded rose by 50%.
BTC Skyrockets
Bitcoin price was rallying on Monday as most altcoins slumped, led by the largest altcoin by market cap, Ethereum. The global crypto market cap has increased 2.49% over the last day to $1.18 trillion, while the total crypto market volume jumped 34.88%. Bitcoin’s dominance inched 0.98% over the past 24 hours to 46.34%, its highest level since June 2022.
The recent global banking crisis in which three major banks in the US were closed within days has pushed the BTC price higher. Silvergate Capital, Signature Bank, and Silicon Valley Bank recently disclosed operational difficulties, prompting regulators to shut them down.
Switzerland’s largest banking institution, UBS, announced on Sunday that it had entered a merger deal with its embattled rival Credit Suisse. UBS announced that it would buy its rival for $3.25 billion, with Swiss regulators playing a key role in the ideal. According to the Swiss National Bank, the merger will secure financial stability and protect the Swiss economy.
Bitcoin reacted positively to the news, cruising…
Solana price joined in on the recent rally in the global cryptocurrency market, jumping nearly 17% in the past week. Solana has made substantial gains this year, climbing 102% in its year-to-date price. SOL ranks as the 11th largest cryptocurrency after Binance USD and ahead of Polkadot. Despite the altcoin’s recent rally, the total volume of the coin traded has continued to dwindle.
Fundamentals
Solana price was trading slightly higher on Friday as Bitcoin and other altcoins extended their rally despite the bank contagion fears weighing on the markets. Bitcoin and Ethereum have been leading the recent rally in the market, jumping more than 30% and 20% in the past week, respectively.
Investors have welcomed the resilient crypto prices amid the recent crisis in the banking sector this week. The week started with the collapse of Signature Bank and Silicon Valley Bank on Sunday until the focus shifted to Credit Suisse and First Republic Bank. Traders have been digesting the fate of Credit Suisse even after the bank said that it would borrow up to 50 billion Swiss Francs from the Swiss National Bank.
Several analysts have linked the recent rally in the crypto market to lingering bank worries. Even so, crypto prices are heavily influenced by inflation and the Federal Reserve interest rate hikes. According to analysts, the recent decline in banking stocks points to the vulnerability of traditional institutions, raising liquidity concerns…
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