Open APIs are vital for healthy communities on social platforms. With Web2 companies beginning to reject that principle, Web3 could be poised to supplant them.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Bitcoin forks BCH, BSC and XEC soared last month, but are the gains organic and sustainable?
The start of June saw negative price action across the cryptocurrency market after the U.S. Securities and Exchange Commission brought fresh lawsuits against the world’s largest exchanges, Binance and Coinbase.
However, the sentiment quickly turned bullish after a crucial exchange-traded fund proposal was filed by the world’s largest asset management firm, BlackRock, on June 16. A wave of ETF fillings and institutional trading interest in digital assets followed BlackRock’s ETF filling.
The launch of EDX Markets backed by Wall Street giants Fidelity Investments, Citadel Securities, and Charles Schwab on June 20 fueled a particular sector of the market in Bitcoin forks like Bitcoin Cash (BCH) and Bitcoin SV (BSV) and other proof-of-work (PoW) cryptocurrencies like Kaspa (KAS).
The exchange debuted with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and BCH. The inclusion of BCH catalyzed an uptrend across other Bitcoin forks.
Among the top gainers in June, three Bitcoin forks populated the list, followed by Kaspa and FLEX Coin (FLEX). FLEX benefited from its integration with Open Exchange, backed by co-founders of the bankrupt Three Arrows Capital digital fund.
Bitcoin forks BCH, BSC and XEC soared last month, but are the gains organic and sustainable?
Bitcoin forks, BCH, BSC, XEC rallied over the last 30 days while KAS and FLEX led among altcoin gainers in June, but data questions the sustainability of their rallies.
Bitcoin forks BCH, BSV and XEC soared last month, but are the gains organic and sustainable?
Bitcoin forks, BCH, BSV and XEC rallied over the last 30 days while KAS and FLEX led among altcoin gainers in June, but data questions the sustainability of their rallies.
Bitcoin forks BCH, BSV and XEC soared last month, but are the gains organic and sustainable?
The start of June saw negative price action across the cryptocurrency market after the U.S. Securities and Exchange Commission (SEC) brought fresh lawsuits against the world’s largest exchanges, Binance and Coinbase.
However, the sentiment quickly turned bullish after a crucial exchange-traded fund (ETF) proposal was filed by the world’s largest asset management firm, BlackRock, on June 16. A wave of ETF fillings and institutional trading interest in digital assets followed BlackRock’s ETF filling.
The launch of EDX Markets — backed by Wall Street giants Fidelity Investments, Citadel Securities and Charles Schwab — on June 20 fueled a particular sector of the market, that being Bitcoin forks like Bitcoin Cash (BCH) and Bitcoin SV (BSV) and other proof-of-work (PoW) cryptocurrencies like Kaspa (KAS).
The exchange debuted with Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and BCH. The inclusion of BCH catalyzed an uptrend across other Bitcoin forks.
Among the top gainers in June, three Bitcoin forks populated the list, followed by Kaspa and FLEX Coin (FLEX). FLEX benefited from its integration with Open Exchange (OPNX), which is backed by the co-founders of the bankrupt Three Arrows Capital fund.
DeSo offers $1M bounty for building decentralized Reddit
Developers pointed out the "monopolization of content and data" in centralized social media platforms as a need to create a decentralized alternative.
Elon Musk calls for AI regulatory oversight: Report
In a keynote address at a Chinese government-backed AI conference, Musk noted that governments should be concerned about deep intelligence.
Is Web3 messaging going to replace WhatsApp and iMessage? Co-founder of XMTP explains
The co-founder of XMTP, Shane Mac, is optimistic that Web3 messaging will play a critical role in bringing the masses to the industry.
Bittrex may still face enforcement action in Florida amid bankruptcy
A filing in bankruptcy court from Florida's Office of Financial Regulation suggested the regulator still had the “administrative discretion” to charge Bittrex.
BTC price abruptly dips below $30K as Bitcoin daily candle turns sour
Bitcoin bulls' joy does not last long as new yearly highs get swapped out for a trip to new July lows.
BTC price abruptly dips below $30K as Bitcoin daily candle turns sour
Bitcoin (BTC) continued snap volatility after the July 6 Wall Street open as yearly highs gave way to a comedown.
BTC/USD 1-hour chart. Source: TradingViewBitcoin suddenly falls to new July lows
Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it seesawed around the $30,000 mark.
Bitcoin had surged to its highest levels since mid-2022 earlier in the day, but the party ended up short lived as the largest cryptocurrency gave back all its gains.
BTC/USD even set new July lows on Bitstamp, so far bottoming at $29,925.
As a “scalper’s dream” came true on the charts, traders took a step back to see what would happen next.
What is the ZK industry up to? Rollups, multichain bridges and VCs
As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space?
What is the ZK industry up to? Rollups, multichain bridges and VCs
As an emerging technology, how can zero-knowledge proofs remedy many issues across the crypto space?
4 reasons why Ethereum price can't break $1,970
The Ethereum network has faced withdrawals from its smart contract applications, putting the recent ETH price rally in check.
4 reasons why Ethereum price can't break $1,970
Ether (ETH) price faced resistance after hitting the $1,970 level on July 3. A number of factors capped the rally, including higher odds of more interest rate hikes in the coming months and a tighter regulatory cryptocurrency environment.
Macro headwinds from the Fed
Besides the external factors, the Ethereum network has faced withdrawals from its smart contract applications, which also put the June rally in check.
Investors now question whether the tailwinds from Bitcoin’s (BTC) ETF requests have faded, opening room for a correction down to the $1,700 level last seen on June 16.
The recent macroeconomic events may provide some hints, including the, U.S. Gross Domestic Product grew by an annualized 2% in the first quarter, Germany’s Consumer Price Index increased 6.8% in June versus the previous year, and The China Caixin global services purchasing managers’ index (PMI) reporting activity expansion.
Thus, strong economic indicators have heightened investors' expectations of further tightening measures from the U.S. Federal Reserve.
Animoca still bullish on blockchain games, awaits license for metaverse fund
Animoca Brands co-founder Yat Siu expects a number of its blockchain gaming investments to come to market by the end of 2023.
Namibia passes bill to regulate crypto and virtual assets
The purpose of the legislation is to establish a framework for licensing and regulating virtual asset service providers.
Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETH
NFT royalties act as an important gauge of incoming revenues to fund ongoing development of various projects in the ecosystem.
Binance to deactivate some deposit addresses for wallet upgrade
Cryptocurrency exchange Binance continues upgrading its wallet infrastructure, which requires affected users to get new wallet addresses.
Bitcoin hits new yearly highs as BTC price rebounds to $31.5K
Bitcoin bulls are stampeding past the top of the range, but there is already a risk that BTC price is forming a "predatory range."