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Showing posts from September, 2024

Crypto Investment Flow: Bitcoin Rebounds With $436 Million Inflows As Ethereum Stumbles

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According to the latest report from Coinshares, global crypto investment products saw a significant rebound with $436 million in net inflows last week alone, driven largely by Bitcoin’s resurgence. CoinShares noted that this marks a return to positive flows after two consecutive weeks of net outflows. Behind these positive flows are major asset managers such as BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares experiencing a turnaround, indicating a renewed interest in crypto investment products . Detailing The Fund Flows Bitcoin-based funds were at the forefront of this rebound, generating $436 million in net inflows after a 10-day streak of outflows totaling $1.2 billion. This shift represents a strong reversal in investor sentiment toward Bitcoin, particularly in the US market. Spot Bitcoin exchange-traded funds (ETFs) based in the United States accounted for a substantial portion of the inflows, contributing $403.9 million in net weekly inflows. European marke

Bitcoin Price Drops With Fed Rate Cuts On The Horizon: Calm Before The Storm?

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Bitcoin (BTC) price declined by 2.7% in the past 24 hours as the US Federal Reserve (Fed) looks poised to initiate its widely anticipated rate-cut cycle this week. Why Did Bitcoin Decline Ahead Of Rate Cuts? Hovering around $60,000 throughout most of the weekend, BTC price experienced a slump of 2.7% ahead of the Fed’s expected rate cuts likely to begin this week. Interestingly, the price action exhibited by the largest cryptocurrency by market cap aligns with the prediction by former BitMEX exchange CEO, Arthur Hayes. Assuming the Fed decides to initiate rate cuts this week, it will be the first in 4 years that interest rates will be slashed amid easing inflation to stimulate the economy. Data from Polymarkets indicates that bettors are giving it a 57% chance that the Fed cuts rates by 50 basis points (bps), while the odds for a 25 bps are at 42% at press time. After the unprecedented COVID-induced money printing in 2020, the Fed had a tough challenge in tackling surging inflat

BREAKING: Secret Service Foils 2nd Assassination Try Of Trump; Trump-Based Crypto Tokens Collapse

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According to the FBI, Donald Trump was the apparent target of what appears to be an attempted assassination at his golf club in West Palm Beach, Florida on Sunday, nine weeks after the Republican presidential nominee survived another attempt on his life. The former president said he is out of danger, and officials have held a man in custody. Secret Service agents found an armed suspect, Ryan Wesley Routh, hiding in bushes near the golf course. He was armed with an AK-style rifle and was 300 to 500 yards away from Trump. The agents opened fire at him, and he fled. Eventually, he was caught on the I-95 highway. Trump Assassination Attempt: Suspect’s Profile Fifty-eight year-old Ryan Wesley Routh has been a convicted criminal all his life. He has moved from North Carolina to Hawaii. He was charged with over 100 counts of crimes and reportedly indicated that he recruited individuals for Ukraine to fight against Russia. Security Risks Detected The incident has raised concerns about

From Ethereum’s 400% Boom to XRP, Solana, and Why Experts Predict This New Token Could Skyrocket 10,000% in 2024

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As Ethereum continues its unstoppable 400% surge and Solana and XRP make waves, crypto enthusiasts are already hunting for the next parabolic opportunity. Enter Pawfury (PAW) , the breakout altcoin that’s causing a bullish frenzy in the crypto community. Experts are eyeing Pawfury as the potential next-gen golden star for 2024, with many predicting it could follow Ethereum’s explosive growth and deliver a mind-blowing 10,000% return for pawfury presale  adopters. Why Pawfury Is Set for a Moonshot Pawfury has quickly gained traction among Ethereum, Solana, and XRP investors, with its presale rush indicating massive demand. Like Ethereum in its early days, Pawfury offers a chance to get in on the ground floor before a potential price explosion.               CLICK HERE TO JOIN THE HOTTEST CRYPTOCURRENCY OF 2024! Deflationary Model: Pawfury’s carefully crafted tokenomics include a deflationary model, where the total supply of $PAW tokens decreases by 2% annually. Lucrative Staki

Bitcoin core functional tests failing running on WSL2 on Windows 10

I am running this command (using a 4GB temp HD mounted): # test/functional/test_runner.py --cachedir=/mnt/tmp/cache --tmpdir=/mnt/tmp And for all tests I get this errors: feature_fee_estimation.py | ✖ Failed | 38 s mempool_accept.py | ✖ Failed | 6 s mempool_limit.py | ✖ Failed | 0 s mempool_package_limits.py | ✖ Failed | 1 s mempool_sigoplimit.py | ✖ Failed | 3 s p2p_addr_relay.py | ✖ Failed | 12 s p2p_blocksonly.py | ✖ Failed | 0 s p2p_compactblocks_blocksonly.py | ✖ Failed | 0 s p2p_feefilter.py | ✖ Failed | 9 s p2p_segwit.py | ✖ Failed | 26 s p2p_sendtxrcncl.py | ✖ Failed | 3 s wallet_fundrawtransaction.py --descriptors | ✖ Failed | 10 s wallet_miniscript.py --descriptors | ✖ Failed | 8 s wallet_sendall.py --descripto

Crypto Experts Prefer New Gambling Coin Mpeppe Over Shiba Inu and Dogecoin Heres Why

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The cryptocurrency world is buzzing with excitement as a new meme coin, Mpeppe (MPEPE), gains traction and threatens to outshine both Shiba Inu (SHIB) and Dogecoin (DOGE). While Shiba Inu (SHIB) and Dogecoin (DOGE) have established themselves as top-tier meme coins, crypto experts believe Mpeppe (MPEPE) could outperform them in the coming years. In this article, we dive into why Mpeppe (MPEPE) is quickly becoming the preferred meme coin for investors and why it’s poised to deliver massive gains. Shiba Inu (SHIB) and Dogecoin (DOGE) – Old Favorites Losing Momentum Shiba Inu (SHIB) and Dogecoin (DOGE) have long dominated the meme coin space, with their loyal communities and viral appeal. Shiba Inu (SHIB) recently surged by 7% as it prepares for significant ecosystem upgrades with Shibarium, while Dogecoin (DOGE) received a fresh boost after Elon Musk’s latest tweet. However, despite these gains, many crypto experts feel that these coins are beginning to lose their momentum. Both Shib

can i recover my crypto again

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Where are the seeds on the blockchain stored?

Since BTC is decentralized and there is no central server, where are the seeds stored on the blockchain? How is it prevented from getting exposed to others who view the blockchain? from Recent Questions - Bitcoin Stack Exchange https://ift.tt/nQgSDjB via IFTTT

Bitcoin Price Continues Recovery, Breaks Above $60,000 — What Next?

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A lot has been made of the Bitcoin price history in September, putting extra spotlight on the largest cryptocurrency by market capitalization. Despite the somewhat wobbly start and generally bearish expectations, the premier cryptocurrency has not exactly had a woeful stint in this historically negative month. The price of BTC has been on quite a run in the last seven-day period, breaking the psychological $60,000 level to close the week. A popular crypto pundit, however, has come forward with an interesting prognosis for the Bitcoin price over the coming days. BTC Price Approaching Key Resistance — Here’s The Level In a new post on the X platform, prominent crypto analyst Ali Martinez revealed that Bitcoin’s latest price surge could face major on-chain resistance around the $60,680 zone. This analysis is based on the cost-basis distribution of the BTC supply around the current spot value of the flagship cryptocurrency. In cost-basis analysis, a level’s potential to act as suppor

Bitcoin Backed Token Announced By Coinbase: BTC Holders Can Now Access DeFi Apps on Base

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Bitcoin has surged over 5% since Wednesday, but volatility and uncertainty have clouded the past few weeks. However, a significant announcement from Coinbase is bringing fresh optimism for BTC holders eager to explore DeFi opportunities. As of yesterday, Coinbase launched Coinbase Wrapped BTC (cbBTC), an ERC20 token backed 1:1 by Bitcoin (BTC) held by Coinbase. Initially, cbBTC will be supported on Base and Ethereum, with plans to expand to more chains. This move allows Bitcoin holders to unlock new ways to engage with decentralized finance (DeFi), providing greater flexibility in using their BTC across multiple platforms. Coinbase’s introduction of cbBTC marks another step forward in increasing economic freedom in the crypto space. BTC users now have more opportunities to leverage their assets while staying connected to DeFi’s growing ecosystem. Bitcoin Is Now Available On Base Coinbase is taking a groundbreaking step by linking deep off-chain Bitcoin liquidity to fast, low-cos

Jointmarket Tumbler / yield_generator issue

I am unable to get the joinmarket tumbler or yield generator scripts working. In particular the script enters a loop, trying to connect to .onion sites before dropping out and showing: [ERROR] We failed to connect and handshake with ANY directories; onion messaging is not functioning. The sendpayment script on the other hand works fine (despite also giving the above error). I am running joinmarket on an arch machine with tor and bitcoin core both running locally. Software versions: joinmarket-clientserver-0.9.11 bitcoin-26.0 Tor 0.4.8.12 I thought it might be an issue of incoming tor connections but the node accepts connections (in and out) over tor. bitcoin-cli -netinfo ipv4 ipv6 onion total block in 43 0 6 49 out 3 2 5 10 2 total 46 2 11 59 I thought it might be an issue with SOCKS proxy but netstat suggests correct functioning. netstat -tuln | grep 9050 tcp 0 0 127.0

Bitcoin Vs. Ethereum: Legendary Analyst Says He’s ‘Pretty Confident’ ETH Will Outperform

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Legendary crypto analyst, Benjamin Cowen has expressed confidence that Ethereum (ETH) , the world’s largest altcoin, could outperform Bitcoin (BTC) soon. This optimistic projection comes as both leading cryptocurrencies experience significant price fluctuations , however, Cowen foresees Ethereum’s current downtrend concluding by year’s end, setting the stage for a resurgence.   Ethereum On Track To Outperform Bitcoin In a recent interview on the Bankless podcast, Cowen provided an in-depth analysis of current crypto market conditions, emphasizing Bitcoin and Ethereum price movements compared to previous bull cycles. The analyst offered insights into Ethereum’s outlook, believing that the cryptocurrency will outperform Bitcoin in the next bull cycle.  Cowen disclosed that the Third Quarter (Q3) of 2024 has been relatively boring, with August and September seeing sharp price declines and negative sentiment throughout the broader crypto market. He predicted that Ethereum could dro

XRP’s Value Solid, Free From Speculative Bubble Pressures, Expert claims

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In the ever-evolving world of cryptocurrency assets, it is believed that most digital assets possess speculative bubble characteristics, demonstrating uncertainty about the stability of their value. However, a market expert has claimed that XRP’s value remains robust and free from the speculative bubble pressures often seen with other cryptocurrencies. Is XRP More Stable Than The Top Cryptocurrencies? As XRP continues to demonstrate its significant presence in the cryptocurrency industry, crypto enthusiast SMQKE in a recent commentary has shed light on the fundamental qualities that provide durability to the altcoin’s value. The expert argues that the token’s value is robust since it is not subject to the speculative bubbles that other digital assets like Bitcoin (BTC) and Ethereum (ETH) are susceptible to while sharing a document to back up his claims. The document read: As a result, it was found that the macroeconomic and financial developments did not form a significant dif

Ethereum Revenue Falls To A 4 Year Low: Why Dismissing ETH Now Is Wrong

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Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400. The daily chart shows that ETH is selling off steadily, and the zone between $2,400 and $2,800 is proving to be a strong liquidation region. Ethereum Revenue Falls To May 2020 Levels Beyond price action, something is printing out. According to observers, not only is ETH price dumping but also a notable decline in revenue accompanying the sell-off. At press time, the daily revenue generated by the smart contracts platform is at May 2020 levels. To clarify, “revenue” refers to fees paid to validators whenever they approve a transaction or execute smart contracts on the chain. While this is a concern, some analysts are buoyant, saying Ethereum’s future, despite revenue challenges, is bright. This confidence stems from various developments. Top of the list is the insistence that gas fees on Ethereum are down and are not as bad as many think. Over

Shiba Inu Wallets Holding Small Amounts Decline To Lowest Point In Nearly 2 Years

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Popular dog-themed meme coin Shiba Inu has taken a hit as its small wallet holdings have witnessed a significant decline in the midst of general market uncertainty, which has triggered heightened fear among cryptocurrency investors. Shiba Inu Small Holders Abandoning The Digital Asset? In a recent report from Santiment, a leading market intelligence platform, it was revealed that the number of Shiba Inu wallets containing small quantities of SHIB has plummeted to its lowest point in almost two years, indicating a potential change in attitude among retail investors. Specifically, wallets holding less than 1 billion SHIB are typically considered as small holdings and Santiment noted that the last time the numbers were this low was in November 2022. With the decline in smaller wallets coinciding with unstable market conditions , the development could raise doubt about SHIB distribution going forward. Although SHIB’s small wallets have plummeted compared to Dogecoin , the largest mem

Setting up lndk and need lnd to use http/2

Does anyone know how to get an lnd node to use http/2? I didn't see any parameters to use in the lnd conf file. Basically lndk is returning this for me. 2024-09-11T20:52:09.129688888-04:00 WARN hyper::client::client - Connection is HTTP/1, but request requires HTTP/2 from Recent Questions - Bitcoin Stack Exchange https://ift.tt/BIPguJ2 via IFTTT

Singapore Bans Use Of Crypto In Gambling To Curb Illicit Activity

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The dangers of money laundering and other associated crimes have Singaporean authorities stopping the use of crypto for gambling. Singapore’s parliament has passed amendments to the Casino Control Act, designed to further enhance the effectiveness of the country’s casino regulatory regime and its safeguards for the more vulnerable sections of its population. In tabling the changes, outlined in detail in a speech made by a government minister, Singapore continues its “fine balance” between reaping economic benefits from Integrated Resorts (IRs) and minimizing gambling-related harms. Strengthening Regulatory Supervision The amendments make some key changes to Singapore’s regulatory framework for casinos. More powers will be given to the GRA to regulate more forms of gambling activities within casinos, including betting and lotteries. This will prevent the regulatory regime from becoming obsolete in the light of potential new offerings by casino operators. Singapore will allow its

Dogecoin To Experience Most Significant Bull Rise Leading Up To 2025 – Expert

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As the general cryptocurrency market is witnessing a rebound, assets like Dogecoin , the leading meme coin are attracting strong optimism from the industry as bullish predictions toward the coin’s potential in the short term are on the rise. Dogecoin’s Path To Major Gains In 2025 With the renewed optimism observed in Dogecoin’s price performance, Dima James Potts, a crypto expert and trader considering the recent movement has predicted a historic surge for DOGE, projecting the biggest price increase as the dog-themed meme coin approaches 2025. Drawing attention to his chart, Dima James Potts pointed out a green and red line intersection that often leads to a series of green weeks almost immediately after the cross. “While history doesn’t always repeat itself exactly, it often rhymes,” the analyst added. According to the expert, this bullish intersection occurred once again during the first week of September, and as a result, Potts looks forward to a lot of green days and weeks. Wh

Crypto Pundit Tells Bitcoin Investors To Hold On A Bit Longer, Here’s Why

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Since reaching its all-time high in March 2024, the value of Bitcoin (BTC) has faltered , failing to sustain a steady upward momentum and dampening investors’ expectations for a major bull rally following its halving event . However, a crypto analyst is offering a glimmer of hope, encouraging investors to remain patient despite the market downtrend, as the next few months could present a bullish turnaround for Bitcoin.  A Ray Of Hope For Crypto Investors As said by many crypto analysts, the month of September is historically a difficult period for Bitcoin, characterized by severe downward momentum, volatility and instability. Rekt Capital, a crypto analyst, told his over 500,000 followers on X (formerly Twitter) that Bitcoin’s price has plummeted by approximately 8% this September.  He revealed that in the previous years, the cryptocurrency witnessed a similar price decrease, falling between the range of 5% to 7% in the September of 2021, 2020, 2017 and 2018. According to the ana

Bitcoin Recovers Back To $57,000: Here’s What Could Be Behind This

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Bitcoin has surged in the last 24 hours with its price recovering back to $57,000. Here’s what could be behind this, according to on-chain data. Exchanges Received Large Stablecoin Deposits Ahead Of Bitcoin Rally In a new post on X, the market intelligence platform IntoTheBlock has discussed about the significant stablecoin net inflows into exchanges that have occurred recently. The indicator of relevance here is the “ Exchange Netflow ,” which keeps track of the net amount of a given coin or group of coins that’s moving into or out of the wallets associated with centralized exchanges. The metric’s value is simply calculated by subtracting the outflows from the inflows. Below is the chart shared by IntoTheBlock that shows the trend in the combined Exchange Netflow for all stablecoins over the past few months. As displayed in the above graph, the stablecoin Exchange Netflow has been at notable positive levels recently, implying that investors have been making significant net dep

Bitcoin May Reach $80-90k With Trump Win, Says Bernstein — But What About Harris?

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Private wealth management brokerage Bernstein has predicted Bitcoin (BTC) price action based on the results of the highly anticipated US Presidential elections in November 2024. Bitcoin Could Hit New ATH If Trump Wins According to the Bernstein report, Bitcoin is a “Trump trade” as a win for the former US President could propel the leading digital currency to a new all-time high (ATH). Specifically, BTC could go as high as $90,000 in Q4 2024, following a win for the Republican candidate.  Conversely, a win for the current Vice President and Democratic candidate Kamala Harris could force BTC to break its current bottom at $50,000 and see the orange coin decline in price to test the $30,000 to $40,000 range.  While a Trump win could mean a resumption of Bitcoin’s bullish price action, a Harris win could spell disaster for BTC price. Bernstein analysts Gautam Chhugani, Sanskar Chindalia, and Mahika Sapra shared the prediction in a client note on September 9, 2024. Expanding on the r

Traders Pulling From ETH Derivative Exchanges: What’s Next For Ethereum?

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Ethereum remains under pressure at press time, looking at the formation in the daily chart. In summary, ETH is stable on the last day but down 9% in the last week of trading. Of note, there has been a drastic drop in trading volume over the past few days. Overall, traders are upbeat, expecting prices to turn around and rip higher, clearing immediate local resistances. Even as this develops, on-chain data points to other developments that leverage traders should closely monitor. Over 40,000 ETH Moved From Derivatives Exchanges According to one analyst, citing CryptoQuant data, there have been more outflows from derivative exchanges over the past few trading weeks. Specifically, the analyst observes that over 40,000 ETH have been moved from derivatives trading platforms like Binance and OKX. From a trading standpoint, whenever there is a spike in outflows from derivatives to spot exchanges, it could suggest that traders are cautious and waiting for clearer definitions before committ

Ethereum Network Growth Hits Highest Level In 4 Months, Will Price Follow?

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While numerous cryptocurrencies are experiencing significant downturns due to broader market volatility, the Ethereum (ETH) network is experiencing a substantial growth surge, hitting its highest levels in four months. This notable uptick has sparked speculations about the possibility of a subsequent price increase .     Ethereum Network Sees Explosive Growth In an X (formerly Twitter) post on September 9, Santiment, a market intelligence platform, unveiled a recent positive change in the Ethereum network. According to data from Sanbase Pro, the Ethereum network has experienced a notable increase in its growth levels , signaling renewed activity and potential bullish momentum for the cryptocurrency. Sharing a detailed chart depicting ETH’s price movements and network growth over the past few months, Santiment revealed that the number of daily new wallets on the network has soared dramatically. Typically, a growth surge in the Ethereum network is measured by the number of new addr