Microsoft bans play-to-earn Bitcoin Minecraft server Satlantis, iPhone 15 has big potential for crypto gaming, Formula E preview, and more.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer
Back in our July edition, we announced Satlantis, an independent Minecraft server run by the game’s fans, enabled players to earn Bitcoin by completing in-game quests using play-to-earn functionalities. We noted Minecraft developer Mojang’s previous NFT ban and concluded, “Time will show how this integration fairs against the ban.”
Time has shown, as Microsoft subsidiary Mojang has asked Satlantis to remove the play-to-earn features, according to a Discord post by server founder David Dineno. The server accepted the request and removed the feature two days after the Discord post.
The Satlantis founder stood behind the play-to-earn model and expressed his annoyance with the situation, stating:
“The Game That Shares its Profits with Players’ works. And it works well. All of the time, money, and energy that we put into this game together will not be forsaken by a few dinosaurs at some conglomerate.”
Despite the setback, the Satlantis community can take solace in the fact that the team is actively exploring alternative platforms that “encourage innovation instead of stifling it.”
SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications
The commission also designated a longer period to reach a decision on spot Bitcoin ETF applications from ARK 21Shares and GlobalX on Sept. 26.
SEC pushes deadlines for ARK 21Shares, VanEck spot Ether ETF applications
The commission also designated a longer period to reach a decision on spot Bitcoin ETF applications from ARK 21Shares and GlobalX on Sept. 26.
Former CEO of sham crypto miner IcomTech pleads guilty of wire fraud for Ponzi scheme
Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges, while the CFTC charged another company and its head.
SEC's Gensler taken to task over crypto custody guidance again in House hearing
The SEC’s controversial Staff Accounting Bulletin 121 has received a steady flow of criticism since its publication in March 2022.
Bitcoin price holds steady as S&P 500 plunges to 110-day low
The S&P 500 dropped to a 110-day low as the market digests what “higher for longer” means for stocks. Will Bitcoin begin to chart its own path?
SEC's Gensler is loyal to banks, not an impartial regulator — Rep. Tom Emmer
During a hearing on Sept. 27, Emmer hinted that Gary Gensler's Wall Street background limits his impartiality as an industry regulator.
UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter
British politicians went to the metaverse to discuss the benefits and potential challenges that Web3 technology brings.
Uniswap Foundation targets $62M in additional funding
The Foundation plans to issue $15 million per year in community grants to fund DeFi projects.
IBM, Microsoft, others form post-quantum cryptography coalition
The coalition includes Google sibling company SandboxAQ and the University of Waterloo.
IBM, Microsoft, others form post-quantum cryptography coalition
The coalition includes Google sibling company SandboxAQ and the University of Waterloo.
IBM, Microsoft, others form post-quantum cryptography coalition
The coalition includes Google sibling company SandboxAQ and the University of Waterloo.
Texas is home to nearly 30% of all Bitcoin hash rate — Foundry
According to Foundry's data pool, Texas accounts for 28.5% of all Bitcoin hash rate in the United States.
Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin, and even some altcoins are holding steady even as the US dollar index steamrolls to a near 1-year high.
Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin (BTC) managed to stay above the $26,000 level even as the S&P 500 tumbled to a three-month low and the US dollar index (DXY) rose to a new year-to-date high. This is a mildly positive sign as it shows a lack of aggressive selling at lower levels.
Bitcoin remains stuck inside a range and the directionless price action has kept the traders on the sidelines. Bitcoin’s daily spot exchange transactions topped 600,000 in March but dwindled down to 8,000-15,000 last week, according to new research from on-chain analytics platform CryptoQuant. Low liquidity could lead to volatile moves in either direction, hence traders should be careful and wait for confirmations rather than taking positions on every intraday breakout.
Daily cryptocurrency market performance. Source: Coin360The near-term price action remains uncertain but that has not deterred the long-term bulls from adding Bitcoin to their portfolio. MicroStrategy co-founder and executive chairman Michael Saylor announced on X (formerly Twitter) that the firm had acquired 5,445 Bitcoin at an average price of $27,053 per Bitcoin.
Could Bitcoin and select altcoins start a short-term up-move? Let’s study the charts of the top 10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin is witnessing a tough battle between the bulls and the bears near the 20-day exponential moving average ($26,436). The bulls pushed the price above the 20-day EMA on Sep. 27 but could not clear the 50-day simple moving average ($26,757).
Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin, and even some altcoins are holding steady even as the US dollar index steamrolls to a near 1-year high.
Sam Bankman-Fried will likely appear in a suit and tie at trial
The former FTX CEO will have access to 3 full suits, 4 dress shirts, 3 ties, 1 belt, 4 pairs of socks, and 2 pairs of shoes — no hoodies were requested.
Hashkey HK opens AVAX trading with $1M portfolio requirement
Only professional investors with a portfolio exceeding $1 million can invest in altcoins through regulated exchanges in Hong Kong.
How AI is changing crypto: Hype vs. reality
In the latest Cointelegraph Report, we assessed the value AI is bringing to the crypto industry, by separating the hype from real use cases.