The crypto kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria’s securities regulator will take at least ten months to determine whether to register a digital asset-related company.
Tokens but not crypto: Nigeria SEC prepares new digital asset rules
Nigeria’s securities regulator will take at least ten months to determine whether to register a digital asset-related company.
AI chatbot usage causes concern among 70% of Japanese adults
A local Japanese news outlet survey revealed that 69.4% of adults want stricter regulations for AI development and implementation.
Liechtenstein adapts blockchain laws to developing crypto landscape
Future regulation is intended to ensure uniform regulation for all European countries and covered participants.
2nd biggest US bank failure — 5 things to know in Bitcoin this week
The failure of First Republic Bank marks a volatile beginning to a busy macroeconomic week, while Bitcoin already faces downside pressure.
Second-biggest US bank failure — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week digesting major macroeconomic news as the United States sees the second-largest bank failure in its history.
After a sideways weekend, BTC/USD was already volatile into the new weekly and monthly candle as the downside kicked in.
After steadying below $29,000, BTC price action is already facing more potential pressure, with First Republic Bank being placed in public receivership and taken over by JPMorgan Chase.
The move, announced during Asia trading but before the Wall Street open, precedes an already heavy week in which the Federal Reserve will reveal its next interest rate shift.
With much to take in, the potential for continued surprises in crypto markets is clearly evident.
JPMorgan to acquire troubled First Republic Bank
Banking giant JPMorgan has won the bid to take over all the assets of the troubled First Republic Bank after efforts to revive it failed.
What is Immutable, explained
Explore Immutable, the leading Web3 game development platform to build and scale Web3 games.
Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Block has completed the design of its new prototype ASIC chip which it says will fast-track its plan to bring “open source” Bitcoin mining rig design to market.
Jack Dorsey’s nano Bitcoin mining chip heads to prototype
Block has completed the design of its new prototype ASIC chip which it says will fast-track its plan to bring “open source” Bitcoin mining rig design to market.
SEC serves $4M in fines to Coinme over ‘misleading’ UpToken ICO
The regulator nabbed the crypto ATM operator turned exchange for securities law violations over its sales and statements of a crypto token.
Coinbase exec uses ChatGPT 'jailbreak' to get odds on wild crypto scenarios
A Coinbase executive claims to have discovered a “jailbreak” for artificial intelligence tool ChatGPT, allowing it to calculate the probability of bizarre crypto price scenarios.
The crypto exchange’s head of business operations and avid ChatGPT user Conor Grogan shared a screenshot of the results in an April 30 Twitter post — showing that ChatGPT states there be a 15% chance that Bitcoin (BTC) will “fade to irrelevancy” with prices falling over 99.99% by 2035.
Meanwhile, the chatbot assigned a 20% chance for Ethereum (ETH) becoming irrelevant and approaching near-zero price levels by 2035.
ChatGPT was even less confident about Litecoin (LTC) and Dogecoin (DOGE) however, attributing probabilities of 35% and 45% respectively for the coins to go to near zero.
The Coinbase executive concluded that ChatGPT is “generally” a “big fan” of Bitcoin but remains “more skeptical” when it comes to altcoins.
Coinbase exec uses ChatGPT 'jailbreak' to get odds on wild crypto scenarios
According to ChatGPT, Bitcoin has a 15% chance it will “fade to irrelevancy” with prices down 99.99% by 2035.
Coinbase exec uses ChatGPT 'jailbreak' to get odds on wild crypto scenarios
According to ChatGPT, Bitcoin has a 15% chance it will “fade to irrelevancy” with prices down 99.99% by 2035.
Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey
A survey from the Financial Industry Regulatory Authority (FINRA) suggests that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors.
2 reasons why Bitcoin Ordinals are ‘positive’ for the BTC: Grayscale
Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons to be optimistic.
2 reasons why Bitcoin Ordinals are ‘positive’ for the BTC: Grayscale
Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons to be optimistic.
Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days
Risky assets marginally extend their up-move in April. The S&P 500 Index rose around 1.5% in April while Bitcoin (BTC) is on track to end the month with gains of more than 4%. Could the rally continue in May or is it time for a pullback?
The recovery could face headwinds if the United States banking woes escalate further. JPMorgan Asset Management chief investment officer Bob Michele said in an interview with Bloomberg that the turmoil at First Republic Bank is unlikely to be limited to the bank only, and could cause a domino effect.
Crypto market data daily view. Source: Coin360If that happens, then the U.S. equity markets may witness a correction. However, it is difficult to predict how Bitcoin will react to such a crisis because, in the past few days, BTC price rose while legacy banking troubles deepened. But in case of a major upheaval in the U.S. banking sector, it is possible that Bitcoin will also face a correction sooner or later.
In the near term, Bitcoin and select altcoins are showing strength. Let’s study the charts of five cryptocurrencies that may outperform over the next few days.
Bitcoin price analysis
After two days of low volatile trading in Bitcoin, the bulls are trying to assert their supremacy on April 30.
