BTC selling volumes generated by nation-states are a drop in the ocean in this bull market, argues CryptoQuant’s Ki Young Ju.
Decentral Block Post
Spot Bitcoin ETFs see record inflows after July 4 dip
The Bitcoin price correction provided a strong opportunity for ETF investors to buy the dip.
Bitfinex to refund investors of its failed El Salvador Hilton hotel project
Bitfinex intends to refund all investors but is firstly awaiting a potential new offer from the debt issuer to keep the project alive.
US House may vote to overturn Biden's SAB 121 veto next week
While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto.
Bitcoin miners ‘near capitulation’ as profits dry up alongside BTC sell-off
CryptoQuant analysts say Bitcoin miners are showing signs of “capitulation” as profit margins tighten in the post-halving climate and BTC price falls close to $50,000.
Taiwan Mobile receives VASP license, entry to crypto market
Taiwan’s second-largest telecom has found a way into the crypto market, bring resources and experience with it.
Crypto remittances in Venezuela surge as economic situation worsens
Sanctions from the United States, spiraling inflation, and government corruption have created an economic nightmare for Venezuelans.
Former US solicitor general claims regulators want to ‘debank’ crypto
Several parties have filed amicus briefs with the appellate court in support of Custodia Bank receiving approval for a master account from the Federal Reserve.
3AC-linked wallet bought NFT for $59K due to 3-year-old offer that wasn’t canceled
Arkham data shows that a wallet belonging to failed hedge fund 3AC spent $59,000 on the Neon Village NFT from artist Seerlight.
Big Tech faces financial reckoning if human-level AI doesn’t happen soon
Sequoia Capital says the industry needs to make about $600 billion in profit before the current expenditures start to make sense.
Web3 users hit 10M in Q2, MetaMask to enhance security: Finance Redefined
Consensys integrates Wallet Guard to boost MetaMask’s security, aiming to drive user fund losses to zero amid rising Web3 threats.
Ethereum traders turn bearish as ETH price dips under $3K
ETH price dropped to a multi-month low but ETH derivatives data suggests that traders believe the correction is over.
Crypto investor doubles Solana donations to pro-crypto PAC
The conservative Sentinel Action Fund supports four pro-crypto U.S. Senate candidates.
United Kingdom High Court freezes Craig Wright’s assets
The judgment was issued to help podcaster Peter McCormack recover nearly $2 million in legal expenses from a defamation lawsuit filed by Wright.
Price analysis 7/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
The strong bounce in Bitcoin and select altcoins shows solid demand at lower levels, suggesting traders are buying the current dip.
UK crypto advocates call for consistent policy after Labour landslide
At least one industry leader suggested that crypto policy in the United Kingdom would be “business as usual” despite the change in government.
ChatGPT users on macOS shocked to learn chats were stored unencrypted
The problem has since been resolved, but it begs the question of how such an oversight happened in the first place.
Bitcoin Ichimoku cloud reassures as BTC price bounces from 4-month low
BTC price action attempts to recover from the start of Mt. Gox transfers, but analysis argues the need to wait for longer-term confirmation of trend change.
How US job market slump could boost Bitcoin prices
Bitcoin could rise due to a weaker job market, but Bitcoin ETFs are on track to their third consecutive week of net negative outflows.
NFTs and blockchain bridge Ethiopia’s past and present in new art exhibition
“Ethiopia at the Crossroads” is getting a special blockchain boost for its final stint at the Toledo Museum of Art as part of the Ethiopian family art collective’s residency with the museum.
As Meta’s Threads celebrates first anniversary, will it now become a challenger to X?
Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day.
Binance marks 7th anniversary with 200M users and new campaign
The milestone takes Web3 closer to reaching its first billion users, according to Binance’s chief marketing officer.
Why people are losing trust in mainstream media — Mario Nawfal
Mario Nawfal breaks down how mainstream media has lost the public’s trust and why social media offers a more accessible, democratic approach to information sharing.
SBF family linked to $100M FTX scandal, legal trouble looms
According to emails seen by the WSJ, Sam Bankman-Fried’s family allegedly funneled millions from FTX to political causes, raising significant legal questions.
Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold — Analyst
Nearly all of Mt. Gox’s former creditors might be looking to sell their Bitcoin, which has increased by over 8,500% in value in the 10 years since the exchange’s collapse.
PancakeSwap rewards users with 2.4M ZK token airdrop
PancakeSwap will airdrop 2.4 million ZK tokens to reward its community and boost zkSync PancakeSwap engagement.
Bitcoin ATM network shrinks by 334 machines in 40 days
Global Bitcoin ATM network shrinks by 334 machines in under 40 days, with the US and Europe seeing the most significant reductions.
Binance vs. Nigeria: A timeline of events
As the trial of Binance executive Tigran Gambaryan restarts in Nigeria, Cointelegraph recaps the story so far.
Why is XRP price down today?
XRP's price decline is triggered by massive Bitcoin selloffs and the SEC reiterating about the $2 billion penalty demand from Ripple.
Watch these Bitcoin price levels next as $52K supertrend risks failure
Bitcoin is challenging multimonth lows and now risks violating support, which has sustained the entire BTC price bull run.