Blockchain and Crypto News

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

Gangsters, cats and Bitcoin: 9-year-old Henry takes BTC to the classroom

A young Andreas Antonopolous in the making, a nine-year-old in the United Kingdom, tried to orange pill his classroom.

Blockchain IM apps to see over half-billion dollar valuation by 2030

Blockchain-backed digital messaging applications are forecasted to skyrocket in value in the seven years with a projected 43.6% compound annual growth rate.

Tether CTO denies borrowing from bankrupt lender Celsius

Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated.

UK Treasury publishes crypto framework paper: Here's what's inside

His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation.

Bitcoin meets FOMC after 39% January gains with Fed path 'uncertain'

The second best January on record for BTC price action comes face-to-face with differing opinions on U.S. economic policy.

Bitcoin meets FOMC after 39% January gains with Fed path ‘uncertain’

Bitcoin (BTC) hovered around $23,000 on Feb. 1 after sealing its best January performance in 10 years.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

End of Bitcoin bear market is “default view”

Data from Cointelegraph Markets Pro and TradingView confirmed a monthly close of around $23,100 for BTC/USD — its highest since July 2022.

The largest cryptocurrency finished the first month of the year up 39.6%, according to statistics from Coinglass.

BTC/USD monthly returns comparison (screenshot). Source: Coinglass

The impressive performance emboldened bulls, many of whom had kept the faith despite mass misgivings from more conservative market participants.

“Bitcoin closes with a Monthly swing low,” trader, entrepreneur and investor Bob Loukas reacted.

image

Here's why India held on to older crypto reforms in national budget 2023

Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022.

Here's why India held on to older crypto reforms in national budget 2023

Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022.

Celsius publishes list of users eligible to withdraw majority of assets

Eligible creditors will not be able to withdraw their funds from Celsius unless they update their accounts with AML and KYC data.

Toyota to explore blockchain use cases via DAO hackathon

The automotive giant is exploring DAO tools and blockchain integration to improve company operations.

Decentralized Twitter alternative goes live on Apple's App Store

The Damus app is powered by Nostr which uses decentralized relays to distribute end-to-end encrypted messages.

Decentralized Twitter alternative goes live on Apple's App Store

The Damus app is powered by Nostr which uses decentralized relays to distribute end-to-end encrypted messages.

Crypto-friendly bank ends loans backed by crypto mining rigs

After a bullish 2021 crypto miners sought out loans to allow them to expand, a move which has since backfired following difficult market conditions in 2022.

Crypto scammers abuse 'lax' UK company laws to fool victims: Report

A report suggests companies are able to register in the U.K. very easily which makes them appear more credible to potential scam victims.

Founder of $7.5M 'brazen fraud scheme' to see 8 years behind bars

Randall Crater will pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release.

Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem

Positive signs of Bitcoin's recovery can be seen in on-chain, spot exchange and futures data.

Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem

Bitcoin (BTC) had a rough time all throughout 2022.

But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market capitalization has started to recover.

After a bevy of short liquidations, the futures market is pointing toward renewed equilibrium. According to data from Glassnode, short position liquidations cleared out unhealthy market speculators, on-chain and exchange data now point to an improving spot market and exchange netflows.

A large group of investors that were previously at a loss is now back in the category that Glassnode analysts label as “unrealized profits.”

Massive short liquidations set the groundwork for new investors to thrive

Futures data typically hold an equilibrium between longs and shorts. As the market moves, investors tend to update their futures to avoid liquidation. Conversely, in mid-January, investors were caught off guard which resulted in an all-time high of 85% short liquidations.

image

Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program

According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations.

Bitcoin mining advocate is going state-to-state to educate US lawmakers

The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.

Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?

There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS). 

Do I know if Dogecoin is switching to PoS?

No.

Do I think it’s going to PoS? Probably not.

But I love the “what if” game.

Image