Author: driver789

The IBD Process Synchronizing a new node to the network tip involves several distinct stages: Peer discovery and chain selection where the node connects to random peers and determines the most-work chain. Header download when block headers are fetched and connected to form the full header chain. Block download when the node requests blocks belonging to that chain from multiple peers simultaneously. Block and transaction validation where each block’s transactions are verified before the next one is processed. While block validation itself is inherently sequential, each block depends on the state produced by the previous one, much of the surrounding…

Binance is raising the temperature over a slew of negative reports on its compliance practices — even as more keep pouring in. The crypto industry’s largest exchange filed a defamation lawsuit against The Wall Street Journal on Wednesday over the newspaper’s reporting in February that Binance fired employees after they uncovered $1.7 billion in crypto tied to sanctioned entities had flowed through the platform. The lawsuit seen by DL News alleges that the Wall Street Journal planned its reports with “hatred” and “ill will,” and that the outlet rushed out a “clickbait” version of the story to beat competing news…

Michael Saylor’s Strategy (MSTR) may reach the 1 million Bitcoin (BTC) milestone faster than expected, potentially overtaking BlackRock in total holdings.Key takeaways:STRC share sales have generated cash to acquire over 3,500 BTC so far this week.Strategy’s implied buying power could rise to roughly 5,700 BTC per day at Tuesday’s record pace.Strategy’s BTC holdings over time. Source: BitBo.IORising STRC demand implies 1,940 BTC of daily buying powerStrategy currently holds 738,731 BTC, including the 17,994 BTC purchase announced on Monday. Meanwhile, BlackRock’s iShares Bitcoin Trust (IBIT) holds 775,156 BTC, or roughly 36,500 BTC more than Strategy today.But a relatively new instrument, Strategy’s…

Data from on-chain analytics firm Santiment shows that Ethereum now has more than three times the number of holders as Bitcoin, showing the network’s broader adoption even as traders closely monitor ETH’s price. Summary Santiment data shows Ethereum has over 182 million non-empty wallets, compared with roughly 58 million Bitcoin wallets, giving ETH more than three times as many holders. Ethereum surpassed Bitcoin in total holder count in 2019 and has continued expanding its lead, reflecting broader usage across DeFi, NFTs, stablecoins and on-chain applications. Some analysts say Ethereum is entering a “discount zone” near $2,000, with traders watching whether…

After retreating back to the $69,000 area during early U.S. morning hours Wednesday, bitcoin BTC$70,754.92 has quickly spiked to nearly $71,000.Other crypto assets, including ether (ETH), solana (SOL) and XRP, saw the same sharp moves higher.The gains appeared to come as crude oil quickly reversed most of its session’s large gains, dropping $3 per barrel in a matter of minutes. At press time, WTI crude futures for April were at $85, up 2% for the day.Crude’s drop also benefited stocks, with the Nasdaq moving from a small decline to a gain of 0.5% in early U.S. trade.Crypto-related shares were mixed,…

A fresh cluster of on-chain and fund-flow data is feeding a familiar XRP market question: are buyers using the recent weakness to accumulate? New figures highlighted by CryptoQuant contributor Darkfost suggest that Binance withdrawal activity has surged just as spot XRP ETFs continue to absorb capital despite the token’s pullback. XRP Accumulation In Progress? Darkfost framed the move against a broader altcoin backdrop that still looks selective rather than expansive. “Despite a period of uncertainty that has been quite detrimental to the cryptocurrency market, altcoins are starting to show some early signs of resilience,” he wrote. “Total3, which represents the…

US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payments and blockchain software services.A filing submitted to the US Patent and Trademark Office (USPTO) on Tuesday seeks protection for the name “WFUSD.” The application is currently awaiting assignment to an examining attorney, according to official trademark records.The filing outlines a broad list of potential products and services linked to digital assets, including “cryptocurrency trading services; cryptocurrency exchange services; cryptocurrency payment processing; financial brokerage services for cryptocurrency trading; electronic transfer of virtual currencies.”The trademark also covers software tools designed for blockchain ecosystems. The…

On March 10, Strategy’s Variable Rate Series A Preferred ($STRC) delivered its most significant trading session since launch. The headline figures are straightforward: $409 million in daily traded volume — the highest on record 3% 30-day volatility — the lowest since issuance $99.78 one-month VWAP — the highest sustained trading average to date At first glance, these appear to be the sort of milestones any new financial instrument might post as it matures. Markets discover a product, liquidity improves, volatility compresses, and price behavior begins to stabilize. But taken together, the data suggests something more interesting may be happening. STRC…

BCH Price Prediction: Targets $475-$485 by Late March Amid Technical Recovery – BitRss – Crypto World News Blockchain News 7 minutes ago 1 BCH ($448.39 · Live) Price Prediction Summary • Short-term target (1 week): $465 • Medium-term forecast (1 month): $475-$485 range • Bullish breakout level: $490 • Critical support: $438 What Crypto Analysts… (Read More) BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage Analysis BCH Price Prediction: Targets $475-$485 by Late March Amid Technical Recovery BitRss World Crypto News | Market BitRss | Short Urls Design By…

XRP’s (XRP) weekly price chart is starting to resemble a technical pattern that previously marked a major cycle low and preceded a sharp upside reversal.Key takeaways:XRP’s weekly chart fractal resembles the 2017 cycle low before a 1,577% surge.An XRP price breakout requires a sustained move above the $2 resistance zone.Declining exchange balances indicate XRP accumulation.XRP fractal hints at a massive price rally aheadA long-term fractal comparison between the 2017-2018 and 2024-2026 cycles suggests that XRP’s sharp sell-off from $3.66 multi-year highs mirrors a pattern that formed a price bottom, before a sharp reversal.Related: XRP holders face $50B in unrealized losses…