LBANK INFO CRYPTOCURRENCY

On Monday, Sven Henrich, the founder and the lead market strategist for northmantrader.com discussed bitcoin “rallying in the face of this crisis.” The technical analyst and market commentator highlighted four reasons why he believes bitcoin’s value surged — “Fundamental, Sentiment, Technical, [and] Safety trade.” Northmantrader’s Founder Sven Henrich Describes Why He Thinks ‘Bitcoin Is Rallying in the Face of Crisis’ The price of bitcoin (BTC) surged on Monday to a high of $44,256 per unit at 5:35 p.m. (EST). BTC ’s price hasn’t been this high in USD value in roughly 39 days, since January 20, 2022. Bitcoin’s price rise sparked a number of conversations on social media and forums during the course of the day. After the price of the leading crypto jumped, gold bug and economist Peter Schiff shared his two cents about the market action on Monday. “Gold and bitcoin are both up today,” Schiff tweeted . “But this move in no way implies a correlation. They’re rising for different reas...

Bitcoin broke the key $40,000 resistance zone against the US Dollar. BTC is up over 12% and might continue to rise above the $43,000 level. Bitcoin surged above a few key hurdles near the $40,000 resistance zone. The price is trading above $42,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $38,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair has moved into a bullish zone and might accelerate higher towards $45,000. Bitcoin Price Surges Bitcoin price remained in a positive zone above the $38,00- pivot level. BTC was able to start a major increase after it cleared the $38,800 resistance zone. There was a break above a key bearish trend line with resistance near $38,000 on the hourly chart of the BTC/USD pair. It opened the doors for a sharp increase above the $40,000 resistance and the 100 hourly simple moving average. The price rallied over 10% and there was a clear move above the ...

Despite the price of Bitcoin falling, demand for Bitcoin ETFs remains strong. The Purpose Bitcoin ETF (BTCC), located in Canada, has reached an all-time high in terms of holdings. The Purpose Bitcoin ETF, which was the world’s first spot-settled Bitcoin ETF, presently has 32,329 Bitcoins. Glassnode Says Bitcoin ETF At ATH Purpose Bitcoin ETF’s holdings are currently valued over $1.3 billion, according to Glassnode data. “On-Chain College,” a market analyst, points out that the ETF has gained around 7,700 BTC since November. This represents a 31% increase over the previous year. The Canadian #Bitcoin Spot ETF Purpose has increased their holdings by 31%, or ~7,700 $BTC , since the end of November. The ETF currently holds 32,329 BTC. pic.twitter.com/6URV8KgTcj — On-Chain College (@OnChainCollege) February 28, 2022 The new milestone comes after the ETF experienced one of its largest single-day inflows in recent memory. The Purpose Bitcoin ETF gained almost 1750 BTC in two days...

The Israeli government has confiscated 30 crypto wallets from a small exchange based in Gaza, where the Hamas terrorist group has bolstered its military. from Cointelegraph.com News https://ift.tt/PTt2bFh via IFTTT

The CEO of the world’s largest movie exhibition company, AMC Entertainment, has announced that AMC Theatres will accept two meme cryptocurrencies, dogecoin (DOGE) and shiba inu (SHIB), in the coming weeks. Dogecoin and Shiba Inu Payments Coming to AMC Theatres in March The CEO of AMC Entertainment Holdings, Adam Aron, announced on Twitter Monday that AMC Theatres will be accepting payments in two popular meme cryptocurrencies, dogecoin (DOGE) and shiba Inu (SHIB), in March. AMC Entertainment (NYSE: AMC), aka AMC Theatres, is the largest movie exhibition company in the U.S., Europe, and the world. The company owns or operates approximately 950 theaters and 10,500 screens globally. Aron explained that the IT department at AMC Theatres says that “Bitpay will be live for AMC online payments” by March 19 and live on the company’s mobile apps by April 16 or a few days earlier. The CEO has promised the crypto community that AMC Theatres will accept DOGE and SHIB payments since he put ...

ASR, BAR and ACM posted double-digit rallies after the Socios fan token platform partnered with UEFA to bring NFTs and other redeemable perks to European football fans. from Cointelegraph.com News https://ift.tt/WZVRUlD via IFTTT

Russians in Moscow and elsewhere flocked to ATMs to withdraw cash, fearful that the ruble will plunge further due to Western sanctions.  AP Photo/Victor Berzkin The Biden administration, in extraordinary and rapid cooperation with allies over a period of three days, has doubled down on its vow to impose “severe sanctions” against Russia for its […] from BitcoinWarrior https://ift.tt/umHFeik via IFTTT

Women still have a long way to go to reach parity in the boardroom. Wanlee Prachyapanaprai/iStock via Getty Images The Research Brief is a short take about interesting academic work. The big idea U.S. counties where people are more likely to vote and engage in professional and social associations tend to have more women on […] from BitcoinWarrior https://ift.tt/RiBnX1z via IFTTT

People live in sovereign nations, and do the bulk of their transactions in sovereign currencies. Some of these transactions can be done in Bitcoin (like online purchases), but most will always have to be in the currency of the nation. For example, your mortgage payments, your salary, your taxes, and so on. This is the bulk of most people's transactions. Because of that, people will always need to hold the bulk of their wealth in their sovereign currency. How then is Bitcoin supposed to grow? It seems to me that the Bitcoin cannot become bigger than just an "internet currency". It will be used for various transactions online of minor goods, as well as in certain real-life places like restaurants or shopping malls, but it will never become a currency that people hold the majority of their wealth in. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/7ryWclJ via IFTTT

It’s an exciting time for blockchain stocks and investments right now. Interest in blockchain is skyrocketing worldwide. Likewise, interest in cryptocurrency is also higher than ever. Despite the popularity, volatility in the crypto markets is unlikely to go away any time soon. The best crypto investment usually revolves around the blockchain. A lot of misconceptions […] from BitcoinWarrior https://ift.tt/uzWDegR via IFTTT

Congratulate you on finding the Cryptology platform! We are extremely happy to welcome you to the cryptocurrency exchange, and we are even happier that you have chosen Cryptology. Cryptology has proved to be a reliable platform for many members of the cryptomarket, and it is not going to slow down. Make sure that it is […] from BitcoinWarrior https://ift.tt/E9uXad7 via IFTTT

America needs to “get very serious about [its] Bitcoin strategy as a nation-state,” said Pompliano. Bitcoin is a US technology “from an ethos standpoint,” he added. Most of the selling pressure around BTC is from short-term holders and institutional traders likely to be positioned at a loss. Antony Pompliano, the co-founder of Morgan Creek Digital […] from BitcoinWarrior https://ift.tt/xitaW3N via IFTTT

Whipsaws Dominate Market Action, More Volatility Expected Volatility (INDEXCBOE: VIX) has spiked in the wake of the Russian invasion of Ukraine. While the pundits and talking heads debate the causes, what went wrong, and what the outcome will be, traders and investors need to brace for increased volatility and whipsaw action in the market. The […] from BitcoinWarrior https://ift.tt/kgNPvFM via IFTTT

Having stable finances amidst the pandemic has become more crucial than ever. The rising costs of healthcare and rent are crippling, especially to low-income families. Worse, economic uncertainties persist as the threat of the Omicron variant emerges. Also, unexpected home and car damages may happen during this freezing season. Q4 2021 hedge fund letters, conferences […] from BitcoinWarrior https://ift.tt/mrZ0Xjv via IFTTT

Bitcoin and digital assets analyst Marcus Sotiriou says that risk-on sentiment is back in the crypto market after Thursday’s sell-off that wiped off $143 million in BTC shorts within hours. Bitcoin had dipped to lows of $34,600 early as investors freaked out amid news of Russia’s invasion of Ukraine. However, early trades on Friday saw […] from BitcoinWarrior https://ift.tt/szXOt09 via IFTTT

In response to the Ukraine invasion, President Joe Biden was short to deploy a whole package of sanctions over Russia, the most significant against a country of the Eurasia giant’s caliber. From asset freezes to equity and debt restrictions, the main targets are the banking, technology, and aerospace industries. Q4 2021 hedge fund letters, conferences […] from BitcoinWarrior https://ift.tt/AquKcYd via IFTTT

Cryptocurrency donations have poured into a nonprofit organization that provides support to Ukrainian soldiers after Russia launched a large-scale attack on Ukraine. More than $5 million in bitcoin has already been raised. Meanwhile, the group’s fundraising page on Patreon has been abruptly removed. Crypto Donations Soar After Russia Invaded Ukraine One of the largest non-governmental organizations (NGOs) providing support to Ukraine’s military, Come Back Alive, has received over $5 million in bitcoin donations after Russia launched a large-scale offensive against Ukraine. Founded in 2014, the Kyiv-based group provides support to Ukrainian soldiers, including a range of military equipment, training services, and medical supplies. Donations to the BTC address listed on the organization’s website soared Thursday after Russia launched a full-scale military attack on Ukraine. At the time of writing, the wallet address has received 131.78144015 BTC . An analysis of all the donations ...

The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implement AML and KYC programs, Bitmex was in effect a money-laundering platform,” said the U.S. Department of Justice. Bitmex’s Founders Guilty of Bank Secrecy Act Violations The U.S. Department of Justice (DOJ) announced Thursday that the founders of cryptocurrency derivatives exchange Bitmex have pled guilty to violating the Bank Secrecy Act (BSA). The DOJ stated: Arthur Hayes and Benjamin Delo designed Bitmex as a platform to flaunt U.S. anti-money laundering rules. Hayes, 36, is from Miami, Florida. Delo, 38, resides in the U.K. and Hong Kong. The Justice Department explained that from at least September 2015 through the time of their indictment in September 2020, the two “willfully caused Bitmex to fail to establish and maintain an AML program,” including a know-your-customer (KYC) ...

The European Central Bank president Christine Lagarde called for quick approval of crypto regulations as war and crypto become intertwined and moral quandaries appear. Authorities fear Russia could use digital assets to bypass the sanctions imposed upon them. Europe depends on Russia for 40% of its natural gas supplies and this has put expected Swift sanctions on standby. Governments and entities looking to pressure Russia will cling to whatever other prohibitions they can impose. Many fear the currently proposed measures will not be enough as Putin’s strategy most likely had already foreseen this panorama. If authorities see crypto as a tool for Russian efforts to succeed, the introduction of regulatory frameworks might happen faster. Related Reading |  Russian Finance Minister Supporting Crypto Regulations Rather Than Complete Ban Are Sanctions Enough? Sanctions over Russian have been imposed by the United States, the European Union, the United Kingdom, Japan, Canada, Taiwan...

Given the jarring news overnight that Russia have invaded Ukraine, it feels a little trivial writing about finance this afternoon. I really hope the people of Ukraine will be OK and, on a personal level, I just can’t believe in 2022 that we are on the brink of war in Europe. It’s sad. But in […] from BitcoinWarrior https://ift.tt/ZgO7oGR via IFTTT

Bitcoin has bounced from new weekly lows of $34,700, racking up over 10% in gains overnight Thursday. The benchmark cryptocurrency has hit an intraday high of $39,610 in early trades Friday, with the broader crypto market recording an upside alongside stock markets. US shares are edging higher, while European stocks are up, including Russia’s MOEX […] from BitcoinWarrior https://ift.tt/fiMG4Ro via IFTTT

British law firm Gunnercooke accepts payments in most major cryptocurrencies for their services. Those in need of legal help can now get the help they need with payments in Bitcoin, Ethereum, Dogecoin or Cardano. CoinPass helps law firm The law firm is working with crypto exchange CoinPass to accept these payments. CoinPass meets all the […] from BitcoinWarrior https://ift.tt/0rB2jI4 via IFTTT

Despite the crypto market’s bloodshed, in the past few days, the Cardano (ADA) trading activity has been relentless, and its holders’ balance remains strong with a multi-year high. Into The Block data indicates that the wallet balance held by long-term Cardano holders hit a multi-year high on February 23. “Regardless of the price action, Cardano‘s holders remain strong. The balance held by HODLERS- addresses holding >1 year, is at a multi-year high. These HOLDERS increased their positions to 10.12b $ADA, the largest balance since December 11, 2019.” Source: Into The Block Despite the geopolitical tension causing the altcoin’s price to drop dramatically, traders have increased their position of Cardano. Holders have accumulated the highest balance of ADA since December 2019. Cardano’s network recent developments might be serving as fuel to its supporters, and as a consequence, many believe its price will climb. “Every bounce is still getting sold off, waiting for a final leg dow...

Minutes after Russia announced a “special military operation” in Ukraine, effectively declaring war on the Eastern European country, Vitalik Buterin, a Russian-Canadian cofounder of the Ethethereum B blockchain, criticized Russian President Vladimir Putin on Twitter. Buterin Speaks Out Buterin said on Wednesday evening that he was “very upset” by Putin’s choice to start a war instead of finding a peaceful solution to Russia’s issue with Ukraine. Vitalik wrote in Russian on Twitter: “Very upset by Putin’s decision to abandon the possibility of a peaceful solution to the dispute with Ukraine and go to war instead. This is a crime against the Ukrainian and Russian people.” “I want to wish everyone security, although I know that there will be no security,” the Russian-Canadian crypto co-founder wrote, concluding his statement with “Glory to Ukraine”. Reminder: Ethereum is neutral, but I am not. — vitalik.eth (@VitalikButerin) February 24, 2022 On Wednesday evening, CNN reported a “c...

U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government, the senator warned, “We have the same sort of statutes here.” Senator Rand Paul Warns of Emergency Act in the US U.S. Senator Rand Paul warned of statutes in the U.S. similar to the Emergencies Act invoked by Canadian Prime Minister Justin Trudeau last week during an episode of the Based Politics podcast that aired Sunday. “I think statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous,” Paul stressed, adding: We have the same sort of statutes here, and I have long-time been an opponent of these. We actually have in the United States an Emergency Act that allows the president to shut down the internet. “I tried, when President Trump was in office, to take this power away,” he noted. However, “I could never get it through,” Paul conceded. ...

If CoinMarketCap was your first port of call to check your portfolio this morning, your heart rate may have spiked. That’s because the following message would have greeted you on the homepage: Navigating to the graph section, you then would have seen the below monstrosity for the global cryptocurrency market cap: Are your palms sweaty? […] from BitcoinWarrior https://ift.tt/LwyulDs via IFTTT

Published by Relaxnews The world of cryptocurrency seems to be evolving in the US, where proposals for using these digital assets are proliferating in many states across the country. At the same time, several US news outlets are reporting that an executive order from President Joe Biden could be issued within the week to outline […] from BitcoinWarrior https://ift.tt/FzSMtD1 via IFTTT

The creator of Ruby on Rails says the situation in Canada is “terrifying” and “a real wakeup call.” He admits that he was wrong about bitcoin and cryptocurrency. “A few months ago, I would not have found it credible if you said a three-week peaceful protest in Canada could have led to martial law, frozen bank accounts, and terrorist-financing laws being used to hunt protest donors,” he stressed. ‘I Was Wrong, We Need Crypto’ The creator of Ruby on Rails, David Heinemeier Hansson (DHH), has admitted that he was wrong about bitcoin and cryptocurrency. Ruby on Rails, or Rails, is a server-side web application framework written in Ruby under the MIT License. Hansson, a Danish programmer, is also a partner at the web-based software development firm Basecamp. Hansson outlined why he changed his mind about bitcoin and crypto in an opinion piece titled “I was wrong, we need crypto,” published Monday. “To say I’ve been skeptical about Bitcoin and the rest of the crypto universe would be a...

UST has been establishing itself as an emerging leader in stablecoins, solidifying the token in the third-place position behind USDT and USDC, and the leader in decentralized stablecoins. A new report from Delphi Digital demonstrates that some of the latest news and developments in the Terra ecosystem are leading to substantial growth in UST adoption – including the new Mars Protocol and Terra’s new ‘LFG’ formation. UST And The Latest Catalysts A quick briefing: UST is Terra Luna’s native stablecoin, a decentralized algorithmic stablecoin that has been emerging throughout the past year. With the minting of new UST, a dollar equivalent of LUNA is burned. Recent weeks have brought substantial growth to UST supply, spurred by a number of new tools available in the Terra ecosystem, and accordingly LUNA burning has increased substantially as well. Delphi cites two major drivers: the creation of the Luna Foundation Guard (or LFG) and a new lockdrop from emerging Terra tool Mars Protocol. ...

Bitcoin price fell from intraday highs near $39,500, breaching support at $38,000 and hugging the key demand area near $37,500. In the afternoon, BTC-USD saw fresh buying, rising above $38k to again come close to the earlier daily peak. The momentum however faded amid news out of Russia. It was the revelation that President Vladimir […] from BitcoinWarrior https://ift.tt/42GMjHB via IFTTT

Published by ValueWalk OANDA – Stocks Struggle On Ukraine Tensions, Consumer Confidence Weakens, Oil Pares Gain, Investors Love Gold, Bitcoin Steadies Q4 2021 hedge fund letters, conferences and more Wall Street is debating what will be the impact that regional warfare will have with US stocks. The contagion risk will completely feed into inflationary pressures […] from BitcoinWarrior https://ift.tt/1nvH4dN via IFTTT

PRESS RELEASE. London, England, Feb 21st, 2022 – Earn Guild, a next-gen guild system for play-to-earn gaming, will be conducting its public sale tomorrow, February 22, at 2:00 pm UTC on the PancakeSwap exchange. Shortly after the Initial Decentralized Offering (IDO), the $EARN token will be listed on three major exchanges. The project has successfully closed its early sales rounds, with a total investment of $8.1 million, and is firmly backed by a long list of renowned partners and venture capital (VC) firms. However, the token sale still presents an excellent opportunity for Earn Guild to expand and further its exposure, as PancakeSwap is the leading decentralized exchange (DEX) of the popular Binance Smart Chain (BSC) ecosystem. What is Earn Guild? Designed for the play-to-earn market, Earn Guild offers all the tools needed to transform gaming into more than just a hobby. Through Earn Guild, players will have a fair chance to participate in most play-to-earn games and effi...

The Denver Broncos is for sale, and a group of crypto aficionados is attempting to acquire it by raising more than $4 billion via a decentralized autonomous organization. The BuyTheBroncos DAO comprise some of the best minds in the business: legal counsels, financial experts, certified public accountants, software engineers, professional athletes, and a mathematician. So, anybody with the wherewithal can participate in this kind of DAO, that if all criteria are met and the decision-makers give their collective nod. The Broncos definitely cost and arm and a leg. But, there’s power in every DAO, as the modern sages would say. Steep Price Tag For Denver Broncos The Broncos was placed on the market earlier this month, with the existing owners, the Bowlen family, and trustees saying in a statement that they intend to finalize the sale by the start of the 2022 NFL season on September 8. At $4 billion, the Broncos’ purchase price is expected to be the largest in North American sports hi...

Crypto exchange FTX has decided to start a new gaming unit. FTX Gaming intends to offer a ‘crypto-as-a-service’ platform, this in return will help gaming companies to introduce and launch their tokens and even offer support for non-fungible tokens.  FTX Gaming through this new introduction would be encouraging a merger between the crypto and gaming industries. This would ensure the development of these sectors along with supporting their growth too. One spokesperson from FTX stated: We are launching FTX Gaming because we see games as an exciting use case for crypto. There are 2 billion+ gamers in the world who have played with and collected digital items, and can now also own them. The merging between crypto and gaming industries could provide digital tokens and NFTs to gamers with more ownership over the items they earn while gaming. FTX’s unit has begun hiring a remote team of software engineers with experience in coding in the game engine Unity.  Growing Investmen...

572 Confirmations are a bit too high in my opinion (as a beginner). Is that correct? And what does that mean? I sent 0.48 mBTC with 0.00932 fees. That was proposed by electrum. I sent it on 17th of Feb. but it is still in that status. My first transaction is recorded under send with status paid and a green check. Can someone please tell me what that means? Thanks julio from Recent Questions - Bitcoin Stack Exchange https://ift.tt/KmtcyNX via IFTTT

A friend of my recently asked me to create a Coinbase account for her. She noted she had an acct already, but has issues getting into it for "lack of activity". Anyway, I have received no explanation as to why she can't open a new acct for herself. I am very concerned about creating an acct for her in that my personal information is on this acct, yet she will be using it. Am I overly concerned about nothing? Is there anything that could come back and bite me with my link to her activity? Terry from Recent Questions - Bitcoin Stack Exchange https://ift.tt/6EROGDC via IFTTT

Sports action in crypto is fresh off the heels of a dynamic Super Bowl weekend last week, but things aren’t slowing down one bit. Red Bull Racing has secured another massive deal, there’s a new DAO on the market that wants to purchase a major league team, and the NFL is making a lobbying push to support crypto with top federal agencies. This was all in the past week! It’s just another weekly dose of The Sports Slice . Let’s dive in. The Sports Slice The Latest Crypto Buyout Attempt? The Denver Broncos We’ve seen a few different crypto-related team buyout explorations over the past year or so. LinksDAO , for example, has a roadmap that outlines mid to late 2022 as the timeline to purchase a golf course. WAGMI United is a name that has popped up in the Sports Slice in recent months as a DAO that has explored purchasing a football club – with limited success thus far. The latest endeavor is “Buy the Broncos,” a DAO that is reportedly aiming to raise $4B to purchase the NFL team. In ...

World’s leading NFT marketplace acknowledged an attack but denied it had been hacked for $200 million worth of NFTs. OpenSea co-founder and CEO Devin Finzer confirmed this was a phishing attack and not a breach on its website. He said that at least 32 users had been duped into clicking a malicious link. Blockchain security […] from BitcoinWarrior https://ift.tt/Zg0jipH via IFTTT

The public blockchain platform Cardano  declares  that it has doubled the payout for white hat hackers and bounty hunters that can identify vulnerabilities or bugs in its smart contracts blockchain. The firm has revealed that this six-week promotion, which will close on March 25, aims to keep “its businesses and customers safe.” Cardano started six-week promotion recently and doubled the reward for bounty hunters and hackers to find vulnerabilities in the Cardano ecosystem. $20,000 is the highest amount platform has offered to hackers for discovering critical bugs in the network, starting from February 14. Related Readings | Cardano Sees Jump in Smart Contracts and Seesaw Protocol Surges 640% in Presale Similarly, hackers identifying the minor bugs in the Cardano nodes will receive a low amount of $800.  On the other side, bounty hunters discovering critical vulnerabilities in the Cardano Wallet will get a payout of $15,000 while $600 reward for those who uncover less...

A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian.” US Lawmaker Seeks to Protect Privacy in Crypto Transactions With ‘Keep Your Coins Act’ The office of Congressman Warren Davidson (OH-R) announced Thursday that the lawmaker has introduced the Keep Your Coins Act “to protect transaction privacy.” The announcement explains that the proposed legislation is “designed to preserve Americans’ right to privacy in transacting with crypto assets,” adding: Specifically, this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian. “A person would then be able to conduct peer-to-peer transactions with their crypto assets without the need to utilize a third-party i...

Mass adoption of bitcoin is just a matter of time, and as the world faces that fact traditional financial institutions are warming up to the digital coin. Deutsche Bank analyst Marion Laboure has stated once more that Bitcoin could become “the 21st century digital gold,” but does not it as a reliable store of value today and expects more volatility in the foreseeable future. The Future of Bitcoin Analyst Marion Laboure has pointed out that she does not consider Bitcoin to be a means of payment, nor does she thinks it has deflationary characteristics because “Bitcoin is risky: it is too volatile to be a reliable store of value today. And I expect it to remain ultra-volatile in the foreseeable future,” she claimed and noted three reasons for it: “First, about two-thirds of Bitcoins are used for investments and speculation. Second, due to its limited tradability, just a few additional large purchases or market exits can significantly impact the supply-demand equilibrium. Third, Bitco...