LBANK INFO CRYPTOCURRENCY

After breaking below the $100,000 level for the second time this month, the bears look to have taken full control of the Bitcoin price. The last week has been categorized by slow market movement, with Bitcoin chopping more sideways and then moving further down with each decision. At this point, it seems that there is a major hunt for liquidity in the market that could trigger further decline, something highlighted by crypto analyst TehThomas in a recent post. Bitcoin Price Needs To Reclaim $97,000 Thomas’ analysis focuses on the recent Bitcoin price breakouts that have ultimately ended with the cryptocurrency giving the gains back to the market in a dramatic way. This comes after the Bitcoin price completed its foray into new all-time high levels, clearing $126,000 in the process. However, since then, it has been a tale of a slow decline. Most of this decline has been a result of direct selling , especially with billion-dollar whales dumping their considerable BTC holdings on the ...

Belarusian President Alexander Lukashenko has directed government agencies to expand cryptocurrency mining, saying the move could help the country cut reliance on the US dollar. Reports say he made the remarks during a high-level energy meeting in Minsk on November 14, where he framed mining as a priority use for surplus electricity. Lukashenko Orders Mining Push According to state reports , Lukashenko asked officials to present concrete measures to increase electricity consumption and to lay out how mining could be scaled across the country. He suggested that, rather than simply inviting foreign miners, Belarus might consider holding state crypto reserves if mining proves profitable. Those comments were made alongside calls to study how energy capacity can be better used to support industry. Nuclear Power Capacity Driving Plans Belarus already has a significant new power source to lean on. The Ostrovets (Astravyets) nuclear plant now has two units with combined generation capa...

OKX CEO Star Xu has offered a bounty of 10 BTC for users to provide evidence on an alleged backdoor in the exchange’s DeFi wallet. This development comes after the Seychelles-based exchange recently launched DEX trading for users.  Prove Backdoor Existence, Xu Tells Crypto Community  On November 15, an X account with the username OKxiaohai claimed that the OKX wallet featured a backdoor that allowed bad actors to steal users’ private keys. OKxiaohai, an employee at hardware wallet firm OneKey, with previous experience in customer service, hinged this audacious allegation on a survey of former heist victims with OKX wallets.  The tweet read:  Find 100 victims whose private keys have been leaked and stolen, ask them what wallet they used, and you will come to a conclusion: all wallets have backdoors. OKxiaohai’s statement drew several reactions from certain X users, such as im23pds, who disagreed with linking the loss of private keys to users’ personal mistake...

According to reports, Steak ‘n Shake has publicly signaled plans to expand into El Salvador after taking part in the Bitcoin Histórico event in San Salvador on Wednesday and Thursday this week. The fast-food chain, which began taking Bitcoin in the US on May 16, 2025, has been highlighting the move as part of its public image. The company also rolled out a themed menu item called the “Bitcoin Steakburger” to mark the payment launch. Bitcoin Friendly Expansion Based on reports, the chain first hinted at a crypto push with an X post on May 9, 2025, saying a crypto option was coming soon. The payment option went live at all its US locations on May 16, 2025, and the company’s Chief Operations Officer, Dan Edwards, told reporters they aim to offer BTC at all locations worldwide. The messaging has been clear: Steak ‘n Shake wants to be known as a merchant that welcomes BTC payments. El Salvador is a great country We were honored to be in Bitcoin Country serving Beef Tallow Fries and...

XRP investors are once again considering whether now is the right time to enter the market . New reports from analysts warn that XRP could soon become the center of a significant wealth shift, creating a rare opportunity for early adopters. They warn that acting sooner may give investors a critical advantage before broader forces and institutions jump in and limit access to the cryptocurrency.  Early XRP Buyers To Gain Massive Edge Time Traveler, a pseudonymous XRP commentator on X social media, has described XRP as the digital asset at the center of an upcoming financial shift. In his post, he stated that individual investors are largely inconsequential to global financial systems, representing less than 0.09% of the world population.  According to him, roughly 8 million investors who participate in rail systems are already factored into the strategies of financial elites. This means that the actions of average investors are unlikely to sway market outcomes significantly...

Kraken said it has no plans to rush into a US public listing, stressing that its current cash and risk controls give it room to wait. According to co-CEO Arjun Sethi, the exchange is “financially sound” and holds enough capital on its balance sheet as a private company. Kraken has raised $530 million since its 2011 founding, with a $500 million round in September that valued the firm at $15 billion. “We have enough capital on our balance sheet as a private company,” Sethi said. “We don’t race to the door as quickly as possible.” Company Says It Has Plenty Of Capital Sethi told Yahoo Finance that Kraken won’t rush things up just because peers are going public. Reports have disclosed that other crypto firms have seized the moment; still, Kraken’s leaders say they prefer to set their own timetable. A Wave Of Crypto Listings Has Shifted Investor Views Several rival businesses have listed this year, and that has helped push investor interest in crypto firms. Circle’s IPO attracted ...

On-chain data has revealed an interesting trend among XRP investors amid certain crucial updates regarding the leading altcoin, particularly the XRP Spot Exchange-Traded Funds (ETFs). With the market shifting towards a bearish state, the current behavior of investors could play a pivotal role in shaping the token’s next trajectory. Before Vs. After The XRP Spot ETFs Update XRP’s market dynamic has entered a decisive new chapter, as holders make key moves in the market. A recent report from CryptoQuant, a leading on-chain data analytics platform, has broken down the actions of investors before and after the announcement of XRP Spot ETFs , revealing a notable trend. In the quick-take post, Woominkyu, a market expert and author, highlighted that whale investors acted prior to the spot ETFs announcement, but retail investors only arrived after the crucial update. This trend ended up changing the asset’s market setup.  Once the ETF confirmation was released, sentiment transformed ...