LBANK INFO CRYPTOCURRENCY

On-chain data shows that Bitcoin long-term holders haven’t sold much during the recent downtrend, as their supply is still near an all-time high (ATH). Various Bitcoin Long-Term Holder Groups Have Supplies Still Near ATH According to the latest weekly report from Glassnode , most of the long-term holders have continued to HODL strong recently. The “ long-term holders ” (LTHs) refer to the Bitcoin investors who have kept their coins dormant since at least 155 days ago. The LTHs comprise one of the two main divisions of the BTC market based on holding time, with the other cohort being known as the “ short-term holders ” (STHs). Statistically, the longer an investor holds onto their coins, the less likely they become to sell at any point. As such, the LTHs have always been the more resolute investor groups of the two. One way to track the behavior of these HODLers is through the combined amount of supply they are carrying in their wallets right now. In the report, Glassnode hasn’t di

Stablecoins are now emerging as a pivotal force, particularly influencing Bitcoin’s recent price movements. Data from the on-chain analytics firm Glassnode reveals a notable shift in the stablecoin supply ratio (SSR) oscillator, signaling an increase in stablecoin “buying power.” This trend has become a significant factor contributing to Bitcoin’s price performance. Stablecoin Supply Moves 3.5% Higher The SSR oscillator, a critical tool in understanding supply and demand dynamics between “BTC and USD,” has exhibited a marked decline. This decrease indicates that stablecoins currently possess enhanced purchasing power to acquire Bitcoin, according to Glassnode. From a peak of 4.13 in October, the SSR oscillator has dropped sharply to just 0.74 as of January 22. This shift aligns with Bitcoin’s ascent to two-year highs above $48,000 this month, suggesting a direct correlation between stablecoin supply trends and Bitcoin’s bullish trajectory. James Van Straten, a research and data

Binance has regained its position as the world’s most dominant crypto exchange, capturing nearly 50% of the global market share, according to  data  from Kaiko. The analytic data provider revealed that Binance’s market share has rebounded to almost 50% in the two months following its settlement with the United States Department of Justice (DoJ). Binance Rising, Claims Nearly 50% Of Market Share In a post on X, Kaiko pinned Binance’s resurgence to a spike in trading volume fueled by its zero-fee promotion  in December 2023. BNB, Dogecoin (DOGE), and Solana (SOL) were among the coins supported. They were all paired with FUSD, a stablecoin. The data provider also said the hype surrounding the United States Securities and Exchange Commission (SEC) approving several spot Bitcoin exchange-traded funds (ETFs) helped Binance claw back market share losses.  This decision proved worthwhile for Binance, considering many network users expected crypto prices to continue trending higher after t

A significant shift has occurred in the US spot Bitcoin exchange-traded funds (ETFs) sector. The latest data from K33 Research has revealed an accumulation of Bitcoin assets by the newly launched spot Bitcoin ETFs , excluding Grayscale’s Bitcoin Trust (GBTC). Within 13 days of trading, these new spot ETFs have collectively racked up over 150,000 BTC in assets, showcasing their rapid growth and increasing market influence. The net inflows for these new spot ETFs have been quite substantial, exceeding $1 billion yesterday alone, according to BitMEX Research . This surge in inflows marks a notable shift in the market dynamics, as GBTC, once a dominant player, sees its market share in trading volume shrink to 36%, according to data from IntoTheBlock. This decline starkly contrasts its previous peak of 63.9% on January 17. BlackRock’s IBIT Outshines Canadian Bitcoin ETFs Among the new entrants which include BlackRock (IBIT), Fidelity (FBTC), Ark 21Shares (ARKB), Invesco (BTCO), Bit

Binance, the world’s largest cryptocurrency exchange by trading volume, has entered into a strategic partnership with Swiss banking institutions to mitigate growing concerns surrounding counterparty risk in the crypto industry, as reported by the Financial Times.  This move follows Binance’s regulatory fines imposed by US authorities in 2023. As part of the collaboration, Binance has allowed “larger traders” to store their assets at independent banks , including Switzerland’s Sygnum Bank and Flow Bank, and the existing custodian Ceffu.  Binance Addresses Counterparty Risk Previously, Binance clients could hold their assets on the exchange or through Ceffu, which US regulators described as a “mysterious Binance-related entity.” However, with the new collaboration, traders now have the opportunity to store their assets with established Swiss banks, which are subject to regulatory oversight .  The head of an unnamed crypto trading firm preferred Swiss banks to the Financial Times, st

Being one of the most extensive and interactive crypto communities, the Shiba Inu ecosystem is poised for continuous growth and development. The ecosystem is already thriving with ongoing innovative projects and plans to incorporate more into the Shibarium network , aiming to bolster its position in the crypto space by increasing utility and adoption.  Shibarium To Onboard 1,000 New Projects In the Future Popular Shiba Inu marketing lead, Lucie, has shared plans for the Shibarium ecosystem in alignment with its vision to gain widespread adoption. Lucie revealed in a recent X (formerly Twitter) post that Shibarium is aspiring to integrate 1,000 new projects into its ecosystem.  This new plan highlights Shibarium’s commitment to improving its ecosystem and ensuring a sustainable and resilient community. Introducing new projects would also enable more growth and development for the Shibarium network, as these projects would address the specific needs or challenges of the communitie

A prominent British narcotics trafficker involved in the United States Drug Enforcement Agency’s (DEA) largest-ever Bitcoin (BTC) seizure has admitted to operating an extensive network of illicit online marketplaces, as revealed by the US Department of Justice (DOJ). Massive Dark Web Drug Operation Exposed The defendant, Banmeet Singh, a 40-year-old Indian national from Haldwani, India, pleaded guilty to charges of conspiracy to possess controlled substances with the intent to distribute and conspiracy to commit money laundering .  Singh’s criminal enterprise allegedly facilitated the sale and distribution of various controlled substances, including fentanyl, LSD, ecstasy, Xanax, Ketamine, and Tramadol, through vendor marketing sites on notorious dark web platforms such as Silk Road 1, Silk Road 2, Alpha Bay, Hansa, among others. According to the DOJ’s investigation, customers would order narcotics from Singh’s vendor sites using Bitcoin or other cryptocurrencies as payment. Singh

here is my problem i have the private key for 1FeexVbTugo6p8dL6jqjT4HSn3GMUmetg5 , 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF . its only giving me access to this address 1FeexVbTugo6p8dL6jqjT4HSn3GMUmetg5 so when i import the private key i get this 1FeexVbTugo6p8dL6jqjT4HSn3GMUmetg5 and when i import the address 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF and when i open up my wallet dat file this is line 7 of my dat file �orderposnext��(�name"1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF��receive�+�purpose"1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF���1!�watchsv© °ÖY‘WŽÓ|½¢±}‹,â:²•ˆ¬'����������������������������������������$� watchmetav© °ÖY‘WŽÓ|½¢±}‹,â:²•ˆ¬�:ý0‚ (this is where the ascii coded private key goes) �ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿþÿÿü/0�Ay¾f~ùÜ»¬U b•Î‡›üÛ-Î(ÙYò[ø˜H:Úw&£Äe]¤ûü¨ý´H¦…TœGÐûÔ¸!�ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿþº®Üæ¯H ;¿Ò^ŒÐ6AA¡DB�‰åÄo‰VæƦ± so why can i not get access to my wallet from Recent Questions - Bitcoin Stack Exchange https://ift.tt/OpYDs1K via IFTTT

Over the weekend, South Korean Karaoke service SOMESING suffered a hack that stole hundreds of millions of SSX tokens. This hack has made crypto exchanges in South Korea alert users and take provisionary actions to minimize investors’ risks. Upbit Alerts Over Security Risks On January 29, a  press release from the largest South Korean crypto exchange Upbit alerted its users of the SSX tokens hack and the following measures to be taken. The exchange warned the community about the potential security risks and the price volatility the token has faced since the attack. This announcement came after several crypto exchanges, including Bithumb and Coinone, followed SOMESING’s request to suspend SSX token deposits and withdrawals from crypto exchanges. The press release stated that Upbit has also suspended deposits and withdrawals of the SSX token following the Foundation’s request and explained that the decision is based on the digital asset becoming a ‘cautionary asset’ according to th

In a groundbreaking development for the crypto sector in Hong Kong, Harvest Fund Hong Kong, a prominent player among China’s fund companies, has taken a huge step by submitting an application for a Bitcoin spot Exchange Traded Fund (ETF) to the Hong Kong Securities and Futures Commission (SFC). This move, exclusively reported by Chinese media Tencent News, represents the first of its kind in Hong Kong, signaling a significant shift in the region’s approach to digital asset trading and investment. Chinese Spot Bitcoin ETF By February 10? The application by Harvest Fund marks a pivotal moment in Hong Kong’s financial landscape, following closely on the heels of the US Securities and Exchange Commission’s (SEC) landmark approval of the first batch of US Bitcoin spot ETFs on January 11, 2024. This US decision included the conversion of the Grayscale Bitcoin Trust’s GBTC from a closed-end fund to a Bitcoin spot ETF, as well as the approval of applications from Western financial behemoth

When I am attempting to index and create an array out of all the blockhashes on the blockchain I keep getting this error: "[WinError 10048] Only one usage of each socket address (protocol/network address/port) is normally permitted" block_counter = 0 total_blocks = rpc_connection.getblockcount() while block_counter < total_blocks: block_hash = rpc_connection.getblockhash(total_blocks) blockHashArray = np.append(blockHashArray, block_hash) Am I getting this error due to an incoming transaction on my node? If so, how can I get around this issue? from Recent Questions - Bitcoin Stack Exchange https://ift.tt/b0ymBGL via IFTTT

Bitcoin has had a depressing week following the approval of spot Bitcoin ETFs in the US, becoming what many feared might be a sell-the-news event. The top crypto dipped below $38,700 during the week for the first time since early December, following a sell-off from digital asset fund manager Grayscale. However, the crypto is now showing signs of recovery and is now trading above $42,600.  According to a social media post by John Bollinger, the legendary creator of the Bollinger Bands, Bitcoin might be done with the selloff, suggesting that the downtrend is already at a bottom.  Bollinger’s Bullish Stance On Bitcoin Bollinger Bands is one of the most popular technical analysis tools used by traders today. The legendary trader and financial author is known in recent times for his bullish affiliation with BTC. Bollinger recently took to social media platform X to reiterate this bullish stance, suggesting that Bitcoin’s recent sell-the-news event could be coming to an end. OK, looks

According to blockchain analytics company Santiment, the XRP Ledger has now registered a new milestone in the number of active wallets on its network, which indicates a rise of interest in the XRP token over the last few years. XRP, which is one of the most prominent coins in the crypto space, has been a major headliner in recent weeks amidst discourse of a potential spot ETF and several bullish predictions by analysts.  Related Reading: Crypto Market Expert Ripple Must Achieve This For SEC To Grant A Spot XRP ETF XRP Ledger Doubles Adoption Numbers In Two Years Through an X post on January 27 , Santiment shared that the XRP Ledger has now recorded 5.02 million individual wallets holding more than 0 XRP. According to the analytics company, this figure represents the highest value of holders in the last 10 years. More data from Santiment also revealed that this development means the number of XRP holders has doubled from February 10, 2021, and tripled from May 29, 2019, representing

Arthur Hayes , the former CEO and co-founder of crypto exchange BitMEX, has predicted how low Bitcoin could drop following its recent decline . Hayes also revealed two altcoins he will be investing in once the current Bitcoin bottom is in.  Bitcoin Still Going To Drop To As Low As $33,600 In his most recent blog post , Hayes hinted that Bitcoin was going to experience a 30% correction from the Spot Bitcoin ETF approval high of $48,000. If so, the flagship crypto token is expected to drop to $33,600. In line with this, Hayes believes that BTC will thereafter form support between $30,000 and $35,000.  The BitMEX co-founder was getting ready for when that happens, revealing that he had purchased strike puts for Bitcoin at $35,000. Hayes further elaborated on a scenario that will see him double down on his crypto investments.  He believes that the Bank Term Funding Program (BTFP) will not be renewed because neither Janet Yellen nor Jerome Powell has mentioned anything about it. Howe

Binance.US, the United States subsidiary of Binance, the world’s largest crypto exchange by trading volume, continues to face increased scrutiny and operational hurdles in a series of escalating regulatory challenges .  Following the resignation of its former CEO Changpeng Zhao (CZ) and ongoing investigations by the US Department of Justice (DOJ), Binance.US has been suspended from operating in Alaska and Florida.  Alaska And Florida Regulators Deliver Blows To Binance.US According to recent court filings , the Florida Office of Financial Regulation, responsible for administering and enforcing the provisions of the Florida Statutes, has taken action against Binance.US (referred to as “BAM Trading”).  Under section 120.60(6) of the Florida Statutes, the office can place a licensee on emergency suspension if their operation poses an immediate danger to public health, safety, or welfare. According to the filing, the Florida Office of Financial Regulation took regulatory action based

In a move towards a more diversified Ethereum execution client ecosystem, AllNodes, a staking provider, has  announced  its complete transition from Geth to Besu. With this shift, AllNodes has eliminated the use of Geth across its entire network of 23,895 nodes, marking a milestone in the ongoing efforts to reduce the current centralization around Geth, a majority client. AllNodes Migrates To Besu In a post on X, the non-custodial staking provider said the decision is a testament to the growing recognition of the need for a more robust and decentralized Ethereum ecosystem. Though Geth is the most widely used execution client for Ethereum nodes, analysts are concerned about its dominance and potential security vulnerabilities should it fall prey to a bug. The transition to Besu aligns with AllNodes’ commitment to providing its clients with the most secure and reliable staking infrastructure. Besu, developed by ConsenSys, is a highly performant and secure execution client offering se

As the Bitcoin halving event, scheduled to occur later this year by April, approaches, financial firm Cantor Fitzgerald has recently released a report indicating that post-halving, the profitability of major publicly traded BTC miners could be severely impacted . Eleven out of thirteen of these miners, including notable names such as Argo Blockchain and Hut 8 Mining, may struggle to maintain profitability. Assessing The Profitability Of Top Miners Post-Event This impending halving will slash the reward miners receive by half, a mechanism intrinsic to BTC’s design to preserve its scarcity. While the event is often seen as a bullish catalyst for BTC’s price in the long run, it poses challenges for mining operations, especially those with substantial overheads. Cantor Fitzgerald’s analysis, spotlighting the “all-in” cost per Bitcoin, estimates that only two miners, Bitdeer and CleanSpark, are likely to sustain profitability under the new reward structure, assuming BTC’s price stays a

I want to find transactions in Bitcoin which are of data insertion type. The new taproot and scripting feature in Bitcoin allows for NFT data insertion. I am wondering how I can detect these types of transactions. Thank you from Recent Questions - Bitcoin Stack Exchange https://ift.tt/9tCLAU5 via IFTTT

In the latest financial disclosures from Tesla Inc., the Elon Musk-helmed electric vehicle giant, there’s a notable absence of any Bitcoin transaction activities. This silence in their 2023 Q4 report suggests that Tesla has maintained its position in the crypto space, holding onto its Bitcoin. Notably, Tesla’s decision not to buy or sell Bitcoin during the fourth quarter of last year coincides with the uptrend experienced by the crypto market. Musk’s Tesla Holds Steady On Bitcoin Tesla, recognized for its “forward-thinking” approach to technology and investment, holds 9,720 BTC . By not reporting BTC-related transactions, the company signals its continued confidence in Bitcoin as an investment. This steadiness is noteworthy, considering the market’s volatility over the past months. Tesla’s decision to hold onto its BTC reserves suggests a strategic “long-term vision” for its cryptocurrency investment, aligning with its reputation as a leader in the technology space. It is worth n

China’s cryptocurrency trading and mining ban hasn’t deterred local investors from flocking to the crypto market. In defiance of the ban, these investors turn to digital assets to escape the economic downturn plaguing traditional investments, such as stocks and real estate.  According to a Reuters report , Chinese individuals are finding “creative” ways to participate in the crypto market, leveraging grey-market dealers, overseas bank accounts, and Hong Kong’s endorsement of digital assets. Chinese Investors Defy Regulations A perfect example of the new ways Chinese investors invest in crypto is Dylan Run, an executive in the financial sector based in Shanghai, who began to diversify his investments into cryptocurrencies at the beginning of 2023.  Recognizing the declining Chinese economy and stock market, Run perceived the largest cryptocurrency by trading volume, Bitcoin (BTC), as a safe haven, similar to gold.  According to Reuters, Run now holds approximately 1 million yuan (

The CEO of the on-chain analytics firm CryptoQuant has suggested that Grayscale’s recent Bitcoin selling may not be behind the latest downtrend. Bitcoin Has Been Derivatives-Driven Recently, Not Spot In a new post on X, CryptoQuant CEO and founder Ki Young Ju discusses how the derivatives market has been the driving force behind recent price action in BTC. The analyst has cited the “spot vs derivatives trading volume ratio” indicator to showcase this. The “ trading volume ” refers to a metric that keeps the total amount of Bitcoin involved in some kind of trading activity daily on a given exchange or group of exchanges. When the value of this metric is high, it suggests that the platform in question is currently observing a high amount of trading activity. Such a trend implies that the exchange’s users are highly interested in making trades right now. The spot vs derivatives trading volume ratio, the main metric of interest here, compares the combined trading volumes on all spot

Palworld, the anticipated crypto-backed video game often called “Pokémon with guns,” has taken the gaming world by storm in a few days.   Developed by Japanese indie game studio Pocketpair, the game has garnered notable attention and controversy due to its similarities to the Pokémon franchise . However, within days of its release, Palworld has amassed a staggering $100 million in revenue, catapulting it to the top of the gaming charts.  Palworld Tops Steam Charts And Xbox Distribution Palworld’s success story begins with its creator, Takuro Mizobe, a former employee of JPMorgan Securities who later ventured into the crypto world. Mizobe reportedly utilized his crypto fortune to establish Pocketpair, an indie game developer, in 2015.  The game’s premise revolves around players collaborating to capture monsters, construct bases, and survive in a whimsical, cartoonish universe. However, as Bloomberg reported , what sets Palworld apart from Pokémon is its departure from the kid-frie

In a nostalgic nod to the past, Dogecoin has become the integral host for the iconic first-person shooter DOOM, which once haunted the sleepless nights of gamers with its chunky pixel and bloodthirsty demon glory back in 1993, embarking on a futuristic journey within the Dogecoin blockchain. This unexpected union has been made possible through the utilization of a novel feature known as “Doginals,” an innovation that has forever etched the entire first level of DOOM into the decentralized and constantly evolving Dogecoin network. DOOM Finds Happy Home In Dogecoin Blockchain The significance of this marriage between classic gaming and blockchain technology goes beyond mere novelty. It ensures the immortality of DOOM, eliminating concerns associated with lost physical copies or outdated gaming hardware. Ð is for Dogecoin! Ð is for Doginals! Ð is for DOOM on Dogecoin! Now inscribed on Dogecoin blockchain forever! Play it now on-chain: https://t.co/Xhfqyktva5 or click on the “con

On January 22, Coinbase submitted a letter addressed to the US Treasury’s Financial Crimes Enforcement Network (FinCEN) as a response to the notice of proposed rulemaking (NPRM). The letter challenges the idea that crypto-mixing services are used primarily for illegal activities and money laundering. Lack Of A “Minimum Threshold” In the New Rules On Monday Night, Coinbase’s Chief Legal Officer (CLO), Paul Grewal, took to the X social media platform (formerly known as Twitter) to present Coinbase’s thoughts on the US Treasury’s proposed rule on crypto mixing. As Grewal explains in the thread, the exchange’s position on regulations is supportive as long as they are “effective.” Still, it doesn’t consider the case with “bulk data collection and reporting requirements for all transactions involving any crypto mixing–even with no indication of suspicious activity.” The NPRM “proposes requiring domestic financial institutions to implement recordkeeping and reporting requirements on tr