Bitcoin’s price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC.
Decentral Block Post
Key BTC price levels emerge as Bitcoin hits $58K on ‘sticky’ US PPI
Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts.
Switching from MetaMask? Here are 5 alternative crypto wallets
Which cryptocurrency wallets are good alternatives to MetaMask?
EU endorses relational blockchain initiative for sustainable solutions
The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions, focusing on Digital Product Passports and Intellectual Property Rights.
Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations
Genesis Trading transferred over 12,600 Bitcoin to Coinbase over the past 30 days, two months after reaching a settlement with the state of New York.
Nigeria’s blockchain future depends on local talent, experts say
Local experts note that if Nigeria adopts a foreign blockchain, it will be difficult for the country to exert its influence on key blockchain decisions.
Buying the dip? Bitcoin institutional investors add 100K BTC in a week
BTC price action may be flagging, but large-volume Bitcoin investors are buying, not capitulating, data shows.
Crypto holders predicted to triple by 2026, says Lunu CEO
The current 560 million crypto holders could triple in number during the next two years, but user experience remains the biggest challenge.
Dough Finance loses $1.8M in flash loan attack
The attacker exploited unvalidated calldata, resulting in 608 ETH being stolen.
German gov’t Bitcoin wallet drops to 5,800 BTC after major sale
With 5,800 Bitcoin remaining, the German government has sold 88.4% of its original 50,000 BTC.
Crypto execs on DeFi domain hacks: Don’t interact with crypto for now
CoinGecko founder Bobby Ong explained that after Google sold its domain business to Squarespace, two-factor authentication was removed due to the forced migration of domains.
Crypto trading volume to exceed $108T in 2024, with Europe in the lead
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide.
UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.
New bill suggests thwarting AI copycats, deepfakes with watermarks
A bipartisan group of senators has introduced a new bill to tackle deep fakes, copyright infringement and AI training on data it’s not supposed to.
Germany has 9K Bitcoin left just 3 weeks after it started selling
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back.
Elon Musk did not volunteer his sperm to seed a colony on Mars
Billionaire tech CEO Elon Musk is certainly very hands-on with his work, but not like that, apparently.
Singapore ‘not ready’ for Bitcoin ETFs, sneaky crypto mining rig importer: Asia Express
Singapore isn’t in a rush to list crypto ETFs, according to SGX CEO this week as Philippines charges two over a $6M XRP hot wallet hack.
US senators strike deal to push ban on lawmaker stock trading
A bipartisan group of 20 US senators has reached a new agreement on legislation that would ban all members of Congress from trading stocks.
IREN tumbles after short seller calls miner ‘Prius at the Grand Prix’
Crypto miner IREN, formerly known as Iris Energy, fell 24% on the Nasdaq following a short-seller report.
Bitcoin index falls to ‘extreme fear’ as BTC fails twice to breach $60K
Bitcoin’s fear and greed index has tumbled to “extreme fear” for the first time since January 2023, as BTC struggles to reclaim a crucial price level.
US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July.
Former OpenAI employee quit to avoid ‘working for the Titanic of AI’
The real question is: Who or what is the iceberg in this scenario?
Bitcoin price struggles as investors expect Fed interest rate cuts — Why?
Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs
Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game.
Bahamians didn't want CBDCs — So now they're being forced to use them
Regulators in the Bahamas are sick of their citizens' reluctance to adopt a CBDC, so they're forcing commercial banks to get on board.
BitcoinBlack deal brings crypto payments to telehealth, prescription drugs
Cardholders will be able to order and pay for prescriptions using crypto, the company says.
Bitcoin price will hit $330K this bull cycle — Analyst
Institutions are buying as Bitcoin dips under $60,000, strengthening the long-term bullish outlook for BTC’s price.
FDIC nominee Goldsmith Romero says banks can custody digital assets
The Federal Deposit Insurance Corporation chair nominee stated her position amid the failure of Congress to overturn the SAB-121 veto.
DeFi apps targeted in apparent Squarespace DNS registry attack: Blockaid
Several DeFi apps have been targeted by a domain hijacker who may have discovered an exploit in Squarespace’s registry system, Blockaid stated.
Tony Blair Institute says AI is good for UK because ChatGPT said so
According to the researchers, automation will save the UK billions starting almost immediately, but outside analysts aren’t so sure.