Bitcoin Latinum Continues to Demonstrate Momentum with Top Tier Global Exchange Listings
PALO ALTO, Calif., Nov. 12, 2021 (GLOBE NEWSWIRE) — Bitcoin Latinum (LTNM), the next generation insured asset-backed cryptocurrency, continues its aggressive expansion strategy and will be listed on AAX, world's first digital asset exchange powered by LSEG Technology, at the middle of Nov 2021. LTNM will be available for trading with BTC and USDT pairs, and demonstrates the growing appetite for additional digital currencies such as Bitcoin Latinum to begin trading worldwide.
"The strong demand for new digital currencies such as Bitcoin Latinum is clear. AAX is the perfect digital exchange partner as it is our nineth exchange to date and we have already started trading in DigiFinex and Hotbit exchanges. We will be announcing other exchanges to reach wider audiences and improve the acceptance of digital assets across the world," said Donald Basile, Founder of Bitcoin Latinum and CEO of Monsoon Blockchain Corporation.
Bitcoin Latinum is an insured asset-backed cryptocurrency based on the Bitcoin ecosystem. Developed by Monsoon Blockchain Corporation on behalf of Bitcoin Latinum Foundation, LTNM is a greener, faster, and more secure version of Bitcoin, capable of managing massive crypto transactions while being highly efficient in terms of cost and scalability. As a revolutionary new Bitcoin blockchain-based token, LTNM focuses on disrupting high-growth industries like Media, Gaming, Telecommunications, and Cloud Computing.
Improving on Bitcoin's energy-usage concerns, LTNM utilizes a proof-of-stake (PoS) algorithm to achieve consensus, which not only increases the TPS rate of the network but also significantly minimizes the fee. Besides, unlike other crypto assets, LTNM is insured, and backed by real-world and digital assets. Its asset backing is held in a fund model so that base asset value increases over time. It accelerates this asset-backed funds growth by depositing 80% of the transaction fee back into the asset fund that backs the currency. Thus, the more Bitcoin Latinum is adopted, the faster its asset funds grow, creating a self-inflating currency. Furthermore, users and businesses can unlock new revenue streams while lowering their transactional costs. The listing on Hotbit highlights the Bitcoin Latinum Foundation's commitment to supporting the growth of a sustainable crypto ecosystem.
AAX is pleased to add LTNM to our portfolio. As the ecosystem moves towards energy efficiency, next-generation assets like Bitcoin Latinum with its increased speed and low transaction fees are bound to grow exponentially within the industry as a method of digital transaction. AAX believes in Bitcoin Latinum's ability to deliver a simple, secure, and sustainable experience to the AAX's emerging market community.
About Bitcoin Latinum
Bitcoin Latinum is the next generation, insured asset-backed cryptocurrency. Based on the Bitcoin ecosystem, Bitcoin Latinum is greener, faster, and more secure, poised to revolutionize digital transactions. Using an energy-efficient Proof of Stake consensus algorithm, Bitcoin Latinum plans to bring better transaction speed, lower fees, and more security to high growth markets such as Media, Gaming, Telecommunication, and Cloud Computing.
For more information, please visit https://bitcoinlatinum.com
About AAX Exchange
AAX exchange is the world's first digital asset exchange powered by LSEG Technology.
Offering OTC, spot, and futures trading, it enables highly secure, deeply liquid and ultra-low latency trading across a wide range of carefully selected cryptocurrencies and digital assets. To learn more about AAX, visit their website, follow their Twitter for more updated news and promotions.
FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any information offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation or be relied upon as personalized investment advice. Bitcoin Latinum strongly recommends you consult a licensed or registered professional before making any investment decision.
Company: Bitcoin Latinum
Contact: Kai Okada, Director of Communications
Address: 2100 Geng Road, Palo Alto, California 94303, USA
Telephone: +1 800-528-0985
SOURCE: Bitcoin Latinum
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Bitcoin falls 6.1 percent to $47607 – Reuters
A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 19, 2021. REUTERS/Edgar Su/File Photo
Dec 28 (Reuters) – Bitcoin dropped 6.13% to $47,606.92 on Tuesday, losing $3,111.19 from its previous close.
Bitcoin, the world's biggest and best-known cryptocurrency, is down 31% from the year's high of $69,000 on Nov. 10.
Ether , the coin linked to the ethereum blockchain network, dropped 5.57 % to $3,812.6 on Tuesday, losing $224.8 from its previous close.
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