LBANK INFO CRYPTOCURRENCY

Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release. from Cointelegraph.com News https://ift.tt/ZpcybHP via IFTTT

The crypto and legacy markets could see a spike in volatility in a few hours. Jeremy Siegel, the Wharton School of Business Professor, told CNBC’s ‘Closing Bell: Overtime’ that “it will be a disaster” if the United States Federal Reserve (FED) increases rates by 50 basis points on February 1, 2023. FED Have To Increase Interest Rates By 0.25% The Professor insisted that if the FED mentions any figure “that’s not 25 basis points” during today’s meeting, the effects would be far-reaching. Besides changes in interest rates, Jeremy wants to see the FED change its statement’s wording and expressly mention that their monetary policy decisions over the past months have been working. He adds that it would be refreshing for the FED to assure the market that they are near the end of their tightening cycle. Crypto and legacy market participants expect the United States central bank to slow down on rate hikes in the coming months. However, traders’ and investors’ hope could be dashed if policy

DekaBank, a 105-year-old bank managing over $428 billion in assets, has signed a deal with Metaco to begin offering digital assets to institutions.  DekaBank To Use Metaco’s Harmonize Details from a  press release on January 31 state that DekaBank will leverage Metaco’s Harmonize, a “custody and orchestration” platform. The custody platform will be an essential portal for DekaBank, allowing Metaco to manage all its digital asset operations. The partnership follows what the bank said was a rigorous selection process and thorough proof-of-concept.  Harmonize was developed and launched in partnership with top-tier global banks. Metaco said Harmonize allows launching “complex banking value propositions around digital assets, such as custody of cryptocurrencies and digital securities, underpinned by institutional-grade security and compliance standards.” By choosing Metaco, a Swiss-based firm specializing in crypto, DekaBank is endorsing the industry and offering to expand its line of

Ever since Ethereum transitioned to a proof of stake (PoS) consensus mechanism, the popularity of liquid staking protocols such as Lido Finance and total ETH staked has increased over time. According to the latest update, the total ETH stake in one of the widely used staking protocols, Lido finance, has set a new milestone.  This spike precedes the soon-to-launch Shangai update that would finally allow Ethereum stakers to withdraw their staked coins. As reported by on-chain’s analytics platform, IntoTheBlock, the total amount of ETH staked has reached $5 million. Overall, more than 16 million in ETH worth $25.6 billion at the time of writing have been deposited into Ethereum’s Beacon Chain staking contract, indicating the rapid adoption of the Ethereum network.  Ethereum Staking Withdrawal Testnet To Go Live Feb. 1 While the total ETH staked has only continued to increase, Ethereum developers also seem to be working so hard to enable the withdrawal of the ETH staked. According to

Twitter’s upcoming payments tool will initially support only fiat currencies, but Elon Musk wants it built to potentially support crypto in the future. from Cointelegraph.com News https://ift.tt/3Utbnfg via IFTTT

Bitcoin (BTC) has seen an exponential increase in demand in Nigeria as the country’s central bank encourages the population to switch to digital cash. As a result, the price of Bitcoin has escalated tremendously above global market levels.  The cost of one Bitcoin on Nigeria’s Crypto exchange NairaEx is currently trading at around 17.6 million Naira, Nigeria’s currency, equivalent to $38,200 U.S. dollars. This represents an increase of almost 60% compared to Bitcoin’s current price of $23,150 as of this writing.  Nigeria Bets On Bitcoin And Digital Assets Adoption  The Bitcoin pump in this Nigeria’s cryptocurrency exchange comes after the country’s central bank began limiting over-the-counter (OTC) cash withdrawals by individuals and corporate organizations per week.  This withdrawal limit policy only allows Nigerians to withdraw a maximum of 20,000 Naira (NGN), worth about $43, from the country’s ATMs per day, and with a limit of 100,000 NGN, worth $217. The letter published in

Sentiment data reveals that the Bitcoin price upwards trend from November lows to as high as $23,960 on January 30 was marked by “sober” traders. Bitcoin Traders Are Not Greedy Per the Fear and Greed Index, the 40% surge of BTC prices to January highs is unlike other periods in the coin’s boom and bust cycle. When BTC rose to bottom-up from November lows following the FTX contagion, the Fear and Greed Index spiked to a maximum of “55”. Although this is still “Greed,” indicating a possible Fear of Missing out (FOMO) amongst traders, it is suppressed compared to the 2018 to 2019 cycle. By overlaying the sentiment index’s reading with BTC prices over months and years, it is clear that the spike to spot levels was approached with caution and even levels of risk management. Fear gripped the market in late 2018 when prices sank below $4,000. However, once prices began turning around ahead of the Bitcoin halving in 2019, traders doubled in droves, forcing the index reading to “69”, the

A Jan. 30 ruling could see the identities of the two individuals who signed on as sureties for Sam Bankman-Fried’s $250 million bond become public, subject to appeal. from Cointelegraph.com News https://ift.tt/62raCPI via IFTTT

Bitcoin price started another increase above the $23,000 resistance. BTC is rising and the bulls might aim a test of the $25,000 resistance zone. Bitcoin is gaining pace above the $23,500 resistance zone. The price is trading above $23,000 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $23,145 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could rise further towards $25,000 if it stays above the $23,450 support zone. Bitcoin Price Starts Increase Bitcoin price remained well bid above the $22,500 support zone . BTC formed a base and started a fresh increase above the $23,000 resistance zone. The bulls were able to pump the price above the $23,200 resistance and the 100 hourly simple moving average. The price even cleared the $23,500 resistance zone and traded to a new yearly high at $23,950. During the increase, there was a break above a key contracting triangle with resistance near $2

Australia’s financial regulator raised concerns about FTX Australia not long after it began operations in March 2022, according to documents. from Cointelegraph.com News https://ift.tt/BDHA32Y via IFTTT

Bitcoin's huge price surge in January has meant that 64% of Bitcoin investors are in profit, according to data from IntoTheBlock. from Cointelegraph.com News https://ift.tt/dtHiDnp via IFTTT

Let's say I have a Lightning node, and want to shut it down. All its channels have been closed, and its onchain wallet has been drained. Is there any reason why I'd want or need to keep some or part of its data directory around? If this were a Bitcoin onchain wallet, a possibility could always exist that someone would still send coins to an old address, and hence, I may want to keep around its key material forever. My understanding is that this is not the case for a Lightning node, as all ways of receiving money involve interacting with my node. Is that correct, even when talking recent protocol improvements into account? If it matters, it's a Core Lightning node. from Recent Questions - Bitcoin Stack Exchange https://ift.tt/BAsQGNm via IFTTT

The White House has constructed a crypto roadmap in order to prevent the risks associated with the asset. On that note, the White House has released a new document , which has been presented to U.S. President Joe Biden. Most of the document contains an address to Congress in order to help them formulate a more appropriate legislative regulation to govern crypto assets. These regulations, when they come into play, will remain effective throughout the administration’s tenure. The authors of the document have mainly established two elaborate processes that will accelerate the legislation going forward. The document’s authors stated two detailed processes moving forward: “We have spent the past year identifying the risks of cryptocurrencies and acting to mitigate them using the authorities that the Executive Branch has.” The first part of this constructive and elaborate roadmap is the administration’s “first-ever” all-inclusive framework for the crypto industry’s development, which

The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart. Over the last 24 hours, the Litecoin price moved down by 0.3%, which signified a range-bound movement. The altcoin also lost close to 3% of its market value. The technical outlook of Litecoin pointed towards bullish momentum as demand for the altcoin remained high on the daily chart. Accumulation also reflected the same. Price noted a decline as LTC receded from the overbought zone. Buyers still have the upper hand on the chart. A continued fall in accumulation will cause bears to secure Litecoin’s price action. That momentum would continue for the upcoming week, causing LTC to fall below its nearest support level. At the time of writing, LTC was trading 78% below its all-time high set in 2021. Litecoin Price Analysis: One

Aronow said he will still be contributing as a board member and strategic advisor. However, his priority will be to get the best medical treatment he can to make a full recovery. from Cointelegraph.com News https://ift.tt/PlNDGi1 via IFTTT

California DMV’s chief digital officer Ajay Gupta emphasized that the agency is looking to modernize its current systems and bring greater transparency to car title transfers. from Cointelegraph.com News https://ift.tt/Xx40syp via IFTTT

State Department of Motor Vehicles divisions aren’t exactly known for efficiency. However, a new pilot project from California’s state DMV could look to change that. The state is now kicking off a pilot program, which will operate on Tezos, to manage state records surrounding automotive ownership. Let’s dive into what this program means, what it is all about, and why it could serve as a major point of institutional-level crypto adoption down the road. Auto Titles On Chain: Why It Makes Sense State-governed record keeping, such as automotive titles and registration, is a vertical that NFT and crypto advocates have cited as one major area that blockchain technology can add immense value. If done right, digital record keeping on-chain with this data can reinforce immutability, reduce and optimize the necessary manpower in logging changes and updates to records, and ideally reduce potential errors around record changes. California is willing to take a plunge, it seems, and is pairing up

The conditions of the cryptocurrency market have changed drastically; according to an analysis by QCP Capital, the options market in its current state makes the crypto industry look like a major crisis, such as the shutdown of crypto exchange FTX after filing for bankruptcy, never happened. Trading desk QCP Capital published observations on the crypto industry, revealing some key points to consider for the coming months. The Crypto Market Comes Back To Life QCP’s analysis points out that Bitcoin (BTC) risk reversals have been trading in positive territory over the past week, which tells us that calls (buys) have been more expensive than puts (sells) since 2021 across multiple tenors. This is unusual for the sector as BTC typically has a persistent put skew, mainly due to miner/treasury hedging activity. The chart below depicts this market behavior and the bullish sentiment impacting the options sector. Put skew drives the price of puts higher and calls lower. This difference in

Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets. from Cointelegraph.com News https://ift.tt/5Z9isfn via IFTTT

How does the process work? Do Core devs add a DNS seed based on reputation or what? from Recent Questions - Bitcoin Stack Exchange https://ift.tt/rhpXO2b via IFTTT

Commodity Futures Trading Commission Kristin Johnson wants to protect customers in a way that reduces the risk of future crises. from Cointelegraph.com News https://ift.tt/L3pZDfr via IFTTT

XRP bulls are trying to ride the wave along with Bitcoin to reclaim previously lost territory. The bulls are targeting new annual highs. XRP has been trading in the green zone since the beginning of the year with a strong recovery and bullish sentiment from its investors. At press time, XRP is trading at $04.96, representing a gain of 0.78% in the last 24 hours. The token is auctioning 34% below its 2018 high of $3.40. Can XRP Sustain Its Bull Streak? XRP started the year with a spike in volatility that characterized the market and has been able to profit 11.85% in the last 30 days, pushing its market cap to $20.6 billion.  In addition, the trading volume that XRP has experienced in recent days and weeks and the profitable trend of XRP shows that market makers are involved in the project. According to a recent report from NewsBTC , it’s possible to assume that  XRP whales are once again buying and accumulating the token.  This increase in activity in the XRP Ledger’s native token

A newly introduced resolution could potentially see lawmakers buying sodas and chips using crypto-supporting vending machines. from Cointelegraph.com News https://ift.tt/wuoIGHM via IFTTT

The over 100-page long document lists every entity FTX owes money to, inclusive of Big Tech players to local businesses from its Bahamian headquarters. from Cointelegraph.com News https://ift.tt/2XCvqgE via IFTTT

A Jan. 25 report from the Financial Times which was widely shared characterized Circle as having "blamed" the SEC for its "jettisoned" public listing plan. from Cointelegraph.com News https://ift.tt/QbRK5H3 via IFTTT

Commercial lawyers with a solid knowledge of blockchain and crypto tech will be in particularly high demand. from Cointelegraph.com News https://ift.tt/V2bgcRI via IFTTT

Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since. from Cointelegraph.com News https://ift.tt/0ySIXMi via IFTTT

Crypto regulation has been receiving growing interest in different jurisdictions recently. While some countries maintain rigid digital assets control, some outrightly banned their usage.  Currently, crypto regulation in Australia is passing through heated arguments. Some of the country’s top government officials want to classify crypto as financial products, while some crypto executives refute it. Minister Deems Regulating Crypto As Financial Products An Argument, Why? One Australian media, The Sydney Morning Herald (SMH), reported about the country’s take on crypto regulation. According to SMH, Stephen Jones, the Australian Assistant Treasurer and Minister for Financial Service spoke on the matter on January 22, 2023. In his speech, Minister Jones mentioned the government plans to roll out some laws regarding crypto regulations this year. In addition, he disclosed that the government intends to embark on a token mapping exercise highlighting all the crypto assets to regulate.  F

The documents previously censored financial information relating to FTX and Alameda Research, but uncensored copies were released by mistake. from Cointelegraph.com News https://ift.tt/WVCYAn1 via IFTTT

Uniswap (UNI), a decentralized protocol, is ready to roll out the third version of its platform. The protocol aims to provide a suitable platform where users can seamlessly swap ERC-20 tokens without using an order book. For the v3 launch, the protocol carried out a ‘temperature test’ for a possible blockchain to use. The proposal was for deploying Uniswap v3 on the Binance Smart Chain (BNB) instead of the Ethereum blockchain. The proposal got the UNI community voting on its government forum using their UNI tokens. Surprisingly, about 80% of the UNI holders supported the Uniswap v3 deployment on the BNB Chain, Ethereum’s rival. Unfortunately, this left a smaller percentage of votes for the Ethereum blockchain, making it lose the temperature check proposal. We’re excited to share that our @0xPlasma proposal to deploy @Uniswap v3 on @BNBCHAIN has passed the "Temperature Check" with 20M votes "YES" and 6,495 $UNI voters (the biggest number for the whole Uniswa

Paul Veradittakit of Pantera Capital believes now could be a good time for new entrepreneurs to enter the crypto space. from Cointelegraph.com News https://ift.tt/ZTpRMNG via IFTTT

The FBI also confirmed earlier reports this month by figures such as ZachXBT that the hackers had started moving a large chunk of the funds around via privacy protocols. from Cointelegraph.com News https://ift.tt/93vQajd via IFTTT

According to a report by Bloomberg, crypto exchange Binance has announced that one of its fiat trading partners, Signature Bank, will no longer be processing transactions of less than $100,000 as the bank attempts to reduce its exposure to the cryptocurrency market. Binance said this is a broad action affecting all crypto exchanges dealing with Signature bank. And that efforts are underway to find an alternative solution immediately for members of its user community whose accounts are serviced by this bank. “One of our fiat banking partners, Signature Bank, has advised that it will no longer support any of its crypto exchange customers with buying and selling amounts of less than 100,000 USD as of February 1, 2023. This is the case for all of their crypto exchange clients. As a result, some individual users may not be able to use SWIFT bank transfers to buy or sell crypto with/for USD for amounts less than 100,000 USD,” the statement sent by Binance to Bloomberg News on Saturday, sa

A SWIFT-style system for bank-issued and regulated digital currencies was launched by a firm with a tenure building China’s national blockchain project. from Cointelegraph.com News https://ift.tt/oeEV1DO via IFTTT

After 216 days, the Bitcoin Market Value to Realized Value (MVRV) ratio  finally broke above 1, making this accumulation the second longest after it took BTC prices 300 days to bottom up after the bear run of 2014-2015. It also signals the likelihood of another refreshing BTC rally after gains of last week. Bitcoin’s MVRV Breaks Above 1 The breakout coincided with BTC prices surging to as high as $23,300 on Saturday, January 21, a positive development, especially for optimistic holders.  As of writing on January 22, prices have cooled off, and the coin is trending at around $22,700, albeit with relatively low trading volumes. Still, the retracement puts BTC within a bullish formation following impressive gains on January 20 when the coin printed higher, defying gravity and confirming demand. The MVRV ratio changes depending on Bitcoin’s market forces. The prevailing sentiment is that BTC is bottoming up. Bulls could be preparing for another leg up, injecting the much-needed vola

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the potential of a brief pause in the crypto market rally. from Cointelegraph.com News https://ift.tt/ImhnY4D via IFTTT

Among the education centers involved include colleges in Australia, Cyprus and Germany, Nigerian-based tech hub Utiva, Women in Tech, and two Ukrainian organizations. from Cointelegraph.com News https://ift.tt/14Vjc0e via IFTTT

In recent times, the Solana price has witnessed a considerable upward push, which made the coin breach important resistance levels. Over the last 24 hours, SOL has rallied close to 20%, and in a week’s time, the altcoin has appreciated close to 40%. As Bitcoin’s price has remained above $20,000, most altcoins have shown positive price momentum on their respective charts. If Bitcoin continues to climb higher, then short-term bullish momentum will prevail across the market. The technical outlook of Solana has pointed towards the bulls, but the chart also reveals that as the coin has been overbought, SOL would eventually witness a price correction. Accumulation remains high on the chart as demand for the coin has been at a multi-month high. Solana could present its buyers with buying opportunities; the coin might retrace on its chart and then rise again. The market capitalization of Solana increased, which meant that there had been an increase in buying strength. Currently, Solana has

I was asked to download trust wallet and was than sent around $5000 in watch only. I than was told to ask to access Bitcoin on my cash app. They said to access Bitcoin and than send a screenshot after it’s done. Is it real or a scam? Do they have a way to get me? from Recent Questions - Bitcoin Stack Exchange https://ift.tt/yLlUvGg via IFTTT

UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs to roll out the correct regulation to support further growth. from Cointelegraph.com News https://ift.tt/wM4gX6V via IFTTT

I am using the exodus wallet and I exported the xpub key because I used it for a shop to receive payments using btc. Someone bought my product and sent btc to a address generated with my xpub key but its not showing up in my exodus wallet. How can I access that btc?(I have access to the private key and the seed phrase) Thanks in advance! from Recent Questions - Bitcoin Stack Exchange https://ift.tt/Tuo0Zgb via IFTTT

The Polkadot price has breached the $5 resistance mark in the past trading sessions. Over the last 24 hours, DOT has appreciated by 3.8%. The price of Bitcoin has been surging, which has caused other altcoins to also move upward on their respective charts. When Bitcoin crossed the $18,000 price mark, other altcoins broke past their immediate resistance marks. Polkadot price momentum remains bullish in the shorter time frame. The technical outlook for DOT showed that despite a price correction, accumulation on the chart increased. Polkadot demand also showed an increase on its chart. The asset’s price has to remain above the $5.40 support line and breach the $6.20 resistance level if the coin has to maintain a bullish stance for a longer time frame. The daily chart of DOT also points towards an incoming fall in price, which means that traders might be presented with shorting opportunities. Currently, DOT is trading at an 89% discount from its all-time high secured in 2021. Polkadot

Bitcoin price is attempting a fresh increase above the $21,200 resistance zone. BTC could gain bullish momentum if there is a clear move above the $21,500 resistance. Bitcoin corrected lower, but it found support near the $20,500 zones. The price is trading above $21,000 and the 100 hourly simple moving average. There is a short-term key bullish trend line forming with support near $21,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if there is a clear move above the $21,500 resistance zone. Bitcoin Price Remains Supported Bitcoin price started a downside correction from the $21,500 resistance zone. BTC declined below the $21,000 support zone, similar to ethereum . However, the bulls were active near the $20,500 and $20,400 support levels. A low is formed near $20,395 and the price is now rising. There was a clear move above the $20,850 resistance zone. The bulls pushed the price above the 50% Fib retracement level of

Due diligence has always been an issue in the venture capital space according to a VC executive, but crypto offers a solution: A public and immutable ledger. from Cointelegraph.com News https://ift.tt/8KrvDdg via IFTTT