LBANK INFO CRYPTOCURRENCY

Regarding the nonce side channel attacks detailed in posts like this one by Blockstream. Which references this mailing list by Pieter Wuille. The idea is to add another layer of protection against a malicious hardware wallet by requiring it to prove that it incorporates some randomness provided by the software wallet that is used to broadcast the signed transaction. Comparing the anti-exfil protocol to deterministic nonce, Pieter says: In case HW uses a deterministic algorithm, it is possible to protect against the MHW case by spot checking HW's behavior, by using an externally known secret/seed. However, we'd like to have better than just spot checking security, and for protection against side-channel attacks we may want something that keeps working even when randomness is used by HW. But this is precisely what I like about the deterministic nonce. I can buy as many hardware wallets as I want to verify that they all produce the same signature. And even test it against s

El Salvador’s position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months. from Cointelegraph.com News https://ift.tt/TiKPcOz via IFTTT

I'm running a full bitcoin node. No pruning. Two primary use cases: Parse the most recent block and all the transactions in it Fetch any given address balance Both these can be achieved by just the bitcoind service and using its RPC methods. Coming to the question, why has the community built electrumx , electrs on top of it? I read they make some queries faster. But none of them explain which queries and how much of an efficiency improvement over just running bitcoid . from Recent Questions - Bitcoin Stack Exchange https://ift.tt/512gtDi via IFTTT

PoR is benefitting from intense development efforts, but in the final analysis good conduct requires good regulation and a culture of compliance. from Cointelegraph.com News https://ift.tt/BT2bAt1 via IFTTT

I Created a sent transaction from Sparrow multi sig and successfully confirmed with 2 hard wallets. All I get after multiple attempts is that the amount sent is unspent . It is like it's blocked and I cannot send out or retrieve any BTC out of the Sparrow multi sig wallet I can see the balance and it does not change as the transaction is unspent. What would be a possible reason(s)? from Recent Questions - Bitcoin Stack Exchange https://ift.tt/Dt1LsWl via IFTTT

After recently completing its first payment transactions using a CBDC, the central bank is pushing ahead with more tests over 2023. from Cointelegraph.com News https://ift.tt/FixotS3 via IFTTT

A former China central banker said cumulative e-CNY transactions only crossed $14 billion in two years, adding the results were “not ideal.” from Cointelegraph.com News https://ift.tt/tPd9WYJ via IFTTT

While the crypto markets have taken a bashing in 2022, it hasn’t exactly been rosy for US stocks, bonds and real estate either. from Cointelegraph.com News https://ift.tt/H8hPEv7 via IFTTT

The Algorand price has been downward for quite a few months now. The coin has fallen by 1.8% over the last 24 hours. The coin has lost over 4.7% of its market value in the past week. Algorand had been consolidating on its chart over the last few weeks, but the consistent lateral trading has pushed the bulls out of the market. The technical outlook has sided with the bears, with no clear indication of the price turning around in the coming trading sessions. Ever since ALGO lost the $0.28 price level, the coin has been unable to stop its downtrend. The aforementioned price floor acted as a crucial level for the altcoin. The Algorand price has also remained unaffected by positive changes in major market movers’ prices. Since the altcoin was rangebound for a while, buyers lost interest and rushed to sell the altcoin. Algorand has lost over 30% in the month of December itself. At the time of writing, the ALGO price is 96% below its all-time high from 2021. The market capitalization of Alg

After 2022, we need to do more to assure skeptical users that they can invest in cryptocurrency without fearing that their funds will be lost. from Cointelegraph.com News https://ift.tt/Lx9Y7fG via IFTTT

Compared to his prison accommodations in The Bahamas, the former billionaire appears to be living a pretty decent life while under house arrest. from Cointelegraph.com News https://ift.tt/KMUmZp8 via IFTTT

Trading desk QCP Capital recently published its 2023 crypto forecast on their latest edition of “Just Crypto.” The firm highlighted this past year’s key moments, their potential impact going into a new year, and possible future digital assets and the global market.  The report points out 2022’s year-to-date return for global assets. The market has experienced its worst-performing year for benchmark assets, such as Bitcoin, the S&P 500, the Nasdaq 100, and others. Except for Natural Gas, other assets saw their worst losses since the 1970s. Bitcoin (BTC) alone crashed over 70% from its all-time high, while Ethereum (ETH) saw a 72% loss. This negative performance “was a by-product of the sharpest rate hike cycle in recent history” by the U.S. Federal Reserve (Fed).  Crypto Forecast: What You Need To Pay Attention To According to QCP Capital’s crypto forecast, the Fed will likely continue to pressure the markets. The financial institution is trying to bring down inflation from a

The Bitcoin price has finally shown signs of life, albeit to the downside, a direction that might dominate the charts in 2023. During the holidays, the cryptocurrency was stuck on a single level, but the end of 2022 might see  As of this writing, Bitcoin trades at $16,600 with a 1% loss in the last 24 hours. On higher timeframes, the cryptocurrency records similar losses. Across the crypto market, red is the predominant color as significant assets follow BTC into the downside.  Bitcoin Price Bound For A Spike In Volatility The decline in trading volume due to the holiday season has led the Bitcoin price to move sideways. This status quo is poised to change in early January when market participants return to active trading.  However, the bulls might have issues pushing the price beyond local resistance at around $17,500 and $19,200, two levels that used to operate as critical support. Historically, the first month of the year is among the worst performers.  Since 2013, the Bitcoin

Users are still seeking to move their funds away from centralized exchanges, paving the way for blockchain-based alternatives to thrive. from Cointelegraph.com News https://ift.tt/vZ96msT via IFTTT

The price of Dogecoin (DOGE) follows the general trend in the crypto market and only records sideways activity. Due to the holiday season, the trading volume across global markets decreased, leading to stagnation in the nascent sector.  As of this writing, Dogecoin trades at $0.074 with a 1% loss in the last 24 hours. In the previous seven days, DOGE has seen some small profits with a 5% gain. Other cryptocurrencies in the top ten by market cap are similarly performing.  Dogecoin Shares Spot With Bitcoin And Shiba Inu As Most Popular Cryptocurrencies Per a report from DollarGeek, cryptocurrencies remain some of the most searched digital financial assets of 2022. According to data from Google, cryptocurrencies total over 7 million monthly searches in the United States and over 40 million global searches.  Despite the persistent downside trend in its prices and unfavorable macroeconomic conditions, the digital asset class remained popular. The report claims. Bitcoin preserved its s

I have seen some bad stories about bitcoinpaperwallet.com And really don’t trust anything else generating my public and private keys other than doing it locally on a computer that’s not connected to the Internet. This is for a cold storage long-term savings “paper” wallet. What is the best way to go about this? Is the following the right way to do it? Can I be sure that the underlying packages are secure? const bitcoin = require('bitcoinjs-lib') // Generate a random private key const keyPair = bitcoin.ECPair.makeRandom() const privateKey = keyPair.toWIF() const publicKey = keyPair.getPublicKeyBuffer() // Generate the public address const { address } = bitcoin.payments.p2pkh({ pubkey: publicKey }) console.log( Private Key: ${privateKey} ) console.log( Public Address: ${address} ) from Recent Questions - Bitcoin Stack Exchange https://ift.tt/ESBdpGs via IFTTT

The founder and former CEO of failed crypto exchange FTX, Sam Bankman-Fried (SBF), stirred controversy one more time. Following his extradition from the Bahamas to the United States, the crypto company founder was released into the custody of his parents. As Bitcoinist reported last week, SBF was granted a $250 million bail. When his family posted their house as collateral, the former FTX was allowed to await trial under house arrest. The FTX founder was allegedly involved in a scheme that cost his clients over $8 billion in losses. In that sense, the U.S. court’s leniency and the fact that SBF’s parents supposedly failed to meet the criteria to make bail raised several concerns regarding the legal process. Across social media, users expressed their concerns and distrust about the case against Bankman-Fried. I’m not a law expert but isn’t the point of bail that it’s your own money? So you have something to lose? If it’s money that you owe someone else then it’s not very good coll

The Mango Markets exploiter previously called his attack on the crypto exchange “legal open market actions.” from Cointelegraph.com News https://ift.tt/EMblXHs via IFTTT

The owner of the internet-famous Shiba Inu dog posted on social media saying Kabosu is in a "dangerous position" after falling ill on Christmas Eve. from Cointelegraph.com News https://ift.tt/qgfrc28 via IFTTT

I’ve been working on a project which will help manufacturers of physical products and NFT makers to distribute their NFTs in the real world. My solution is to box up a paper wallet loaded with the NFT. Some NFT makers who do digital action figures may want the ability for their consumers to add “accessory” NFTs to the product and so those manufacturers are able to put a public key to allow the user to deposit the accessory NFTs to their action figure NFT. However some manufacturers may intend to make the NFT available for withdrawal only. And can’t have a public key on the paper wallet. However I want the consumer to have a different type of key to view balance, but not be able to add to it. As of now I would have to centralize it like standard serial numbers and rely on the manufacturer to give their consumers balance and proof of authenticity. It could be decentralized with a bit of help from Bitcoin developers and the BIP. So I would like to propose a new type of key derived from

Newly filed trademark applications outline a long list of possible avenues for the firm in the Metaverse. from Cointelegraph.com News https://ift.tt/T7yROtW via IFTTT

Sophisticated malicious outfits are keeping up with current trends, turning their sights on crypto users following the bankruptcy of FTX. from Cointelegraph.com News https://ift.tt/32sB0hI via IFTTT

According to another user here I am mistaken about how public keys work. I want a customer to have a wallet to which they have a public address to view funds only and I have another public address to deposit to. How can I derive such a key that can view only but not deposit to the public address? I want to make a crypto gift card I can reload and my customers can verify funds. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/UvT3Iw9 via IFTTT

Bitcoin price is attempting an upside break above $17,000. BTC could start a steady recovery if it clears the $17,000 and $17,200 resistance levels. Bitcoin is attempting an upside break above the $17,000 and $17,200 levels. The price is trading above $16,800 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $16,820 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt a fresh increase if there is a clear move above the $17,200 resistance zone. Bitcoin Price Eyes Upside Break Bitcoin price managed to stay above the $16,550 zone. A base was formed and the price started a fresh increase above the $16,700 resistance zone. BTC even climbed above the $16,800 resistance and the 100 hourly simple moving average . There was a clear move above the 50% Fib retracement level of the downward move from the $17,067 swing high to $16,565 low. Besides, there was a break above a key bearish trend li

The Bitcoin network hashrate has returned to 241.29 EH/s after a temporary 38% fall to 170.60 EH/s from a weekly peak of 276.40 EH/s. from Cointelegraph.com News https://ift.tt/LsOJnwo via IFTTT

2022 saw greater inclusivity and participation of women in the crypto and blockchain industries. from Cointelegraph.com News https://ift.tt/XZOA7qJ via IFTTT

Solana’s struggles continue. The FTX fallout, which included heaps of speculation around the degree of Alameda Research exposure – which is believed to be in the hundreds of millions of dollars – has seemingly bled into the blockchain’s NFT scene, too. Now, two of the leading projects in the Solana ecosystem have announced their departures to new chains – expected to be effective early next year. For Solana, When It Rains, It Pours Solana has been arguably the top token of speculation surrounding FTX fallout. The token is creeping it’s way out of the top 25 in top token market caps, which would’ve been a shocking revelation just a year ago – as SOL has long been a top 10 token. Token price aside, Solana’s sentiment in the NFT community has been waning; for many months, DeGods and y00ts creator Frank has long teased moving to new chains. Just last month, NFT marketplace Magic Eden – which started on Solana solely – announced integration with Polygon . While Solana’s momentum has wan

Reflection tokens allow holders to earn passive returns from transaction fees by simply holding onto their assets. from Cointelegraph.com News https://ift.tt/tyJGXiO via IFTTT

Solana is having a hard time springing back to life. Apparently, the FTX crash has negatively impacted SOL and its bearishness doesn’t seem to improve the crypto’s price. Here’s a quick look on how the crypto has been performing: FTX crash drags price down SOL price nosedives by 2.13% $200 million in crypto wiped out from Solana Foundation According to CoinMarketCap , the crypto’s price has nosedived by 2.13% or trading at $11.77 as of this writing. Evidently, it has been negative for the past few days, although there has been improvements but it still isn’t peaking to $12. With the rate it’s going, the price is seen to have depreciated by as much as 1.56% as seen in the past 24 hours. Solana: Objectives For 2023 SOL price is seen to have peaked on November 6 last year with a $259 all-time high, with its lowest price lying around the range of $10.56. The highest it has peaked since its last low price was spotted at $18.65. On December 21, the network showcased on social med

Based on the pictures, crypto community members confirmed that SBF’s location was the Greenwich (Business Class) lounge in American Airlines’ Terminal 8. from Cointelegraph.com News https://ift.tt/LapuJVA via IFTTT

Here’s a list of the 12 individuals who had the most impact — for better or worse — on the crypto industry this past year. from Cointelegraph.com News https://ift.tt/Oba2RkJ via IFTTT

Binance is fighting back against the tsunami of FUD it has faced in recent weeks. from Cointelegraph.com News https://ift.tt/Tzgxelo via IFTTT

Bitcoin price is attempting an upside break above $16,800. BTC could start a decent increase if it clears the $16,800 and $17,000 resistance levels. Bitcoin is still facing a strong resistance near $17,000 and $17,200. The price is trading above $16,700 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $16,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt a fresh increase if there is a clear move above the $17,000 resistance zone. Bitcoin Price Eyes Recovery Bitcoin price remained stable above the $16,500 zone . BTC attempted an upside break above the $17,000 resistance, but it faced sellers. A high was formed near $17,067 and the price started a downside correction. There was a move below the $16,800 level and the 100 hourly simple moving average. The price declined below the 50% Fib retracement level of the up move from the $16,260 swing low to $17,067 high. Bitcoin price tested

The loan would allow Core Scientific to keep its mining and hosting operations afloat while it restructures. from Cointelegraph.com News https://ift.tt/eKJXpnA via IFTTT

Bitcoin price is still struggling below $17,000. BTC remains at a risk of a fresh decline unless there is a clear move above the $17,200 resistance zone. Bitcoin is facing a strong resistance near $17,000 and $17,200. The price is trading above $16,800 and the 100 hourly simple moving average. There is a new declining channel forming with resistance near $16,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt a recovery wave if there is a clear move above the $17,200 resistance zone. Bitcoin Price Struggle Continues Bitcoin price started an upside correction from the $16,250 zone. BTC managed to recover a few points and was able to settle above the $16,600 level. There was a clear move above the $16,800 resistance and the 100 hourly simple moving average. The price even attempted an increase above the $17,000 resistance, but the bears were active. A high was formed near $17,067 and the price is consolidating in a range. There was a min

Both former executives of FTX and Alameda Research have been charged for their role in the "frauds" that led to FTX's collapse. from Cointelegraph.com News https://ift.tt/o8B6TCy via IFTTT

Twitter searches for “$Bitcoin,” “Bitcoin price” and “Bitcoin price” also pulls up the price chart, with equivalent searches working for Ethereum too. from Cointelegraph.com News https://ift.tt/TecMsk5 via IFTTT

Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin recovered higher above the $16,800 resistance zone. The price is trading above $16,800 and the 100 hourly simple moving average. There is a rising channel forming with resistance near $17,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline unless there is a close above the $17,000 resistance zone. Bitcoin Price Faces Resistance Bitcoin price found support near the $16,250 zone. BTC traded as low as $16,260 and started a recovery wave . There was a clear move above the $16,500 and $16,600 levels. The bulls were able to push the price above the $16,800 resistance and the 100 hourly simple moving average. The price even spiked above the $17,000 resistance, but upsides were limited. A high was formed near $17,067 and the price is now trading in a range. Bitcoin price declined be

The bankrupt lender is set to hold auctions for its assets in January, while it's been given the green light to return some customer funds. from Cointelegraph.com News https://ift.tt/aWhrUQO via IFTTT

Grayscale Investments may offer to buy up to 20% of Grayscale Bitcoin Trust  (GBTC) shares. This is a move the company hopes will close the gap between the GBTC share price and the company’s underlying Bitcoin holdings. Grayscale Can’t Act Independent Of Investors The Wall Street Journal released a letter by Grayscale CEO Michael Sonnenshein urging that Grayscale would consider issuing a tender offer should the Security and Exchange Commission (SEC) and shareholders give their approval. Being a close-ended fund, GBTC shareholders can only liquidate their holdings on the open market. Under the Williams Act (part of the Securities Exchange Act of 1934) that governs tender offers in the US, an investor tendering for a security must disclose their source of funds, legal agreements related to the offer, and reasons for the offer. If the company cannot return GBTC shareholders funds, it will continue to offer the tender until it’s converted to an ETF. Sonnenshein wrote to investors:

The FTX founder has reportedly signed on the dotted line, bringing him a step closer to returning to US soil. from Cointelegraph.com News https://ift.tt/aw3ql9e via IFTTT

Kieran Warwick, co-founder of blockchain role-playing game Illuvium, believes Yuga Labs' latest hire will be a boon for GameFi. from Cointelegraph.com News https://ift.tt/US7Gr1c via IFTTT

It's easy to imagine making various kinds of item available for free, but with a request that consumers or users make a payment in Bitcoin if they have got some and if they wish to. I could envisage this being done with toys, postcards, etc., homemade or otherwise. You could call it a kind of shareware. My question is whether this has actually been tried yet and, if so, then where and when? Note: before phrasing this question, I read the help file and learnt that it's OK to ask here about "technologies or events that are applicable and relevant to the Bitcoin network and users of the Bitcoin currency in the past, present, or future". So I hope this is considered on-topic. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/ZqNsPbz via IFTTT

Bitcoin price declined further and traded below $16,500. BTC is correcting losses, but it could struggle to climb above the $16,700 and $17,000 resistance levels. Bitcoin extended its decline below the $17,000 and $16,500 support levels. The price is trading below $16,800 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $16,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could resume its decline unless there is a clear move above $17,000 and the 100 hourly SMA. Bitcoin Price Signals Bearish Bias Bitcoin price settled below the $17,200 support level to move into a bearish zone . BTC gained pace below the $17,000 and $16,800 support levels. The price even declined below the $16,500 support and settled below the 100 hourly simple moving average. It tested the $16,200 zone. A low is formed near $16,260 and the price is now correcting losses. There was a minor increase above the $16,500 res

The wallets were thought to be inaccessible following the death of the exchange's founder in 2018, as he had sole responsibility for the wallet's private keys. from Cointelegraph.com News https://ift.tt/OMV86rE via IFTTT

Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.” from Cointelegraph.com News https://ift.tt/lLbyj9D via IFTTT

From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year. from Cointelegraph.com News https://ift.tt/hPMzEXV via IFTTT

The Federal Reserve is seeking to push investors into reevaluating their portfolios by injecting chaos into markets. from Cointelegraph.com News https://ift.tt/iMQYhRT via IFTTT

Democratic members from the DNC, the DCCC and Congressman Hakeem Jeffries were contacted by SBF prosecutors for information to aid their ongoing investigations. from Cointelegraph.com News https://ift.tt/KvftChR via IFTTT

Suddenly started getting this error, where should I look to try and fix it e: lightning_connectd: Connecting stream socket to Tor service: Connection refused lightningd: connectd failed (exit status 1), exiting. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/mUNLZ9e via IFTTT

A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices. from Cointelegraph.com News https://ift.tt/Mm4WdOL via IFTTT

Three democratic committees, the DNC, the DSCC and the DCCC, pledged to return SBF’s political donations after the entrepreneur was charged with eight counts of financial crimes. from Cointelegraph.com News https://ift.tt/nrDEbjW via IFTTT

ASIC claimed a crypto yield-bearing product from Finder’s registered exchange was unlicensed, the firm disagreed but refused to say if it would fight the suit. from Cointelegraph.com News https://ift.tt/H2TtVCS via IFTTT

Startup Tokenizer Hello guys! I will try to be brief here. I'm creating an alternative asset tokenization startup, we aim to tokenize everything from fixed income to equity. Today we have a high investment in the platform, but it is difficult to find a differential for the company. There are many similar platforms and finding something that none of them do is difficult. That's why I came to comment here and ask for tips, what do you think could be a differential? Every successful hint will be rewarded with satoshis!! Thanks in advance! from Recent Questions - Bitcoin Stack Exchange https://ift.tt/Dox5N9a via IFTTT

One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects. from Cointelegraph.com News https://ift.tt/eVRxn2B via IFTTT

Tom Emmer is considering reintroducing a bill that removes the requirement for entities to be registered as money transmitters if they don’t handle customer assets. from Cointelegraph.com News https://ift.tt/cW8USOj via IFTTT

Bitcoin price climbed higher towards $18,400 before there was a bearish reaction. BTC is now trading near a major support at $17,550 and might bounce back. Bitcoin broke the $18,000 resistance zone before there was a downside correction. The price is trading above $17,500 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $17,580 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase unless it trades below the 100 hourly SMA. Bitcoin Price Remains Supported Bitcoin price extended its increase above the $17,800 resistance zone. BTC even climbed above the $18,000 resistance zone and settled well above the 100 hourly simple moving average. The price traded as high as $18,387 before there was a bearish reaction. The Fed increased interest rates by 0.5%, sparking sharp moves in the market. BTC price reacted the downside and traded below the $18,000 support zone. There was a clear mov

A former FTX employee has revealed details regarding the lavish expenditures of the exchange as well as its intense company culture. from Cointelegraph.com News https://ift.tt/iryVAqz via IFTTT

Changpeng Zhao’s comments come as billions of dollars of stablecoins continue to flow out of the Binance exchange. from Cointelegraph.com News https://ift.tt/uKOPk0Q via IFTTT

Bitcoin has been in existence for less than two decades but its performance has already cemented it as a formidable force to be reckoned with. Over the years, the digital asset has been able to outperform established asset classes multiple times, especially the bull market part of its cycles. Looking back, bitcoin’s yearly performance has also shown to point toward the bottom of the market. In this report, we take a look at the last decade of the performance of bitcoin. 10 Years Of Performance For Bitcoin Ex-Goldman Sachs executive and founder of Real Vision Raoul Pal shared a visual on Twitter that showed the performance of bitcoin compared to other asset classes in the financial market such as the S&P and the Bloomberg Dollar Index, and it showed just how well the Digital asset has performed in just the last decade alone. The visual which starts from 2013 and follows through to 2022 shows that bitcoin has been able to outperform all the other assets for seven years, emerging

The community is hopeful that the assertion by the CFTC will put to bed claims that staked coins are securities according to the Howey Test. from Cointelegraph.com News https://ift.tt/Tz2xYA4 via IFTTT

In a win for crypto app developers, incoming EU laws will force Apple to permit alternative app stores and apps without the need to go through its App Store. from Cointelegraph.com News https://ift.tt/tNy6T3D via IFTTT

Bitcoin price gained pace above the $17,500 resistance after the US CPI release. BTC tested the $18,000 resistance and might correct lower in the short-term. Bitcoin was able to clear the $17,450 and $17,500 resistance levels. The price is trading above $17,500 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $17,240 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but dips might be limited below the $17,500 support zone. Bitcoin Price Rallies 5% Bitcoin price remained strong above the $16,800 support zone. BTC formed a base and started a fresh increase above the $17,000 resistance zone and the 100 hourly simple moving average. The price gained bullish momentum after the US CPI release (+7.1%) and rallied above the $17,500 resistance zone . There was a break above a key contracting triangle with resistance near $17,240 on the hourly chart of the BTC/USD pair. Bitcoi