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.

Hyperledger announced new members at commencement of global forum

The group said the addition of its newest members will introduce a diversity of innovations and accelerate the development of decentralized technologies.

This week’s Ethereum Merge could be the most significant shift in crypto’s history

On this week’s “The Market Report” show, Cointelegraph’s resident experts discuss the significance of the Ethereum Merge, the latest CPI data, important things to know in Bitcoin (BTC) this week and altcoins analysis.

To kick things off, we broke down the latest news in the markets this week.

Bitcoin price sheds $1K in 3 minutes as U.S. CPI inflation overshoots. Bitcoin's 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market. We do a deep dive into what the data means and the implications on the wider market. Does this mark the end of the recent price pump we saw earlier this week or will we rebound once things settle down? We take a look at what President Joe Biden had to say about the latest CPI data and also what Crypto Twitter is discussing about the matter. Lots to unpack here so make sure you stay tuned as we break down the information for you.

The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week. A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in the coming days. With the new CPI data causing the price of Bitcoin to fall, can the Merge bring some relief to the markets or will it cause further downside? We also do a deep dive into the Ethereum Merge and explain why it is such a significant event in crypto's history and why you should be keeping a close eye on the developments. We also highlight certain scams you need to be aware of to keep yourself safe.

Price analysis: ADA, SOL, and MATIC. Our experts take a look at a few altcoins that have been making some interesting moves this week. They analyze the charts and make a case for where the price could possibly go. So make sure you stick around because you don't want to miss this vital information.

This week’s Ethereum Merge could be the most significant shift in crypto’s history

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the significance of the Ethereum Merge and why it could be the biggest shift in crypto's history.

This week’s Ethereum Merge could be the most significant shift in crypto’s history

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the significance of the Ethereum Merge and why it could be the biggest shift in crypto's history.

Dips be damned, El Salvador is stronger because of Bitcoin

Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities and solving problems the country has historically faced.

Bitcoin price falls under $21K as traders send 84K BTC to exchanges

Bitcoin (BTC) fell further after the Sept. 13 Wall Street open as the dust settled on unexpectedly high United States inflation.

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

BTC price eyes 9% daily losses

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up $21,000, down up to 8.45% on the day.

Bearish tendencies set in after the U.S. Consumer Price Index (CPI) print for August arrived 0.2% higher than expected.

This, in turn, boosted the likelihood of a 75 or 100-basis-point key rate hike next week by the Federal Reserve — something that would pressure already creaking risk-asset markets.

Fed target rate probabilities chart as of Sep. 13, 2022. Source: CME Group

Bitcoin proved especially sensitive to the event, with downside nonetheless contained by anticipated support at $20,800.

image

Bitcoin price falls under $21K as traders send 84K BTC to exchanges

Volatility claims many a late long position with BTC price action failing to preserve support from recent days.

Canadian PM Justin Trudeau says investing in crypto is not an escape from inflation

Canada's inflation rose to 40-year highs this year while Bitcoin's price plummeted in the same period.

3 reasons SOL price is up 30% in two weeks — Will Solana's uptrend continue?

Solana (SOL) ticked higher on Sep. 13, mirroring similar upside moves in the broader cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH).

On the daily chart, SOL's price gained over 4% to $39, its best level in 3 weeks. The token's intraday gains came as an extension of a prevailing uptrend that has seen its price gaining 30% in just 2 weeks.

SOL/USD daily price chart. Source: TradingView

In comparison to Solana, Bitcoin and Ether underperformed, securing 16% and 22% gains in the same period. Let's look at the mix of fundamental and technicals that may have prompted SOL to rally higher.

Helium's merge with Solana

On Aug. 30, core developers behind the Helium Network, which offers decentralized wireless 5G network coverage by enabling users to become hotspots, announced a governance proposal to migrate to the Solana blockchain from its native chain. 

The Helium developers cited their "need to improve operational efficiency and scalability" while seeing Solana as an ideal fit.

image

3 reasons SOL price is up 30% in two weeks — Will Solana's uptrend continue?

Solana (SOL) ticked higher on Sep. 13, mirroring similar upside moves in the broader cryptocurrency market, led by Bitcoin (BTC) and Ether (ETH).

On the daily chart, SOL's price gained over 4% to $39, its best level in 3 weeks. The token's intraday gains came as an extension of a prevailing uptrend that has seen its price gaining 30% in just 2 weeks.

SOL/USD daily price chart. Source: TradingView

In comparison to Solana, Bitcoin and Ether underperformed, securing 16% and 22% gains in the same period. Let's look at the mix of fundamental and technicals that may have prompted SOL to rally higher.

Helium's merge with Solana

On Aug. 30, core developers behind the Helium Network, which offers decentralized wireless 5G network coverage by enabling users to become hotspots, announced a governance proposal to migrate to the Solana blockchain from its native chain. 

The Helium developers cited their "need to improve operational efficiency and scalability" while seeing Solana as an ideal fit.

image

Crypto’s correlation with mainstream finance could bring more bleeding soon

Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes.

Dips be damned, El Salvador is stronger because of Bitcoin

Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities, and solving problems the country has historically faced.

BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages

BitGo has accused Galaxy of “improper repudiation” and “intentional breach” of the merger in a lawsuit filed with Delaware Chancery Court.

Ethereum is eating the world — ‘You only need one internet’

“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”

Ethereum is eating the world — ‘You only need one internet’

“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”

Ethereum is eating the world — ‘You only need one internet’

There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.

Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.

In theory, it would allow the entire world’s financial system to run on Ethereum.

“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”

“With recursive rollups and proofs, we theoretically can infinitely scale.”

StarWare co-founder Eli Ben-Sasson and Cointelegraph Magazine’s Andrew Fenton

Ethereum is eating the world — ‘You only need one internet’

“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”

Ethereum is eating the world — ‘You only need one internet’

“Is there a need for more than one internet? And we know the answer is ‘Hell no.’”

Ethereum is eating the world — ‘You only need one internet’

There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.

Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.

In theory, it would allow the entire world’s financial system to run on Ethereum.

“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”

“With recursive rollups and proofs, we theoretically can infinitely scale.”

StarWare co-founder Eli Ben-Sasson and Cointelegraph Magazine’s Andrew Fenton

Ethereum is eating the world — ‘You only need one internet’

There’s a version of the future that’s tantalizingly possible in which Ethereum becomes the base layer for pretty much everything.

Recent advances in a technology called zero-knowledge Rollups — from StarkWare, Polygon and zkSync — enable the blockchain to move from fewer than 20 transactions per second to… well, an infinite number of TPS.

In theory, it would allow the entire world’s financial system to run on Ethereum.

“I think it’s theoretically possible,” explains Declan Fox, product manager for rollups at Consensys, which provides Ethereum infrastructure and apps like MetaMask. “We have the technology to achieve that kind of throughput necessary.”

“With recursive rollups and proofs, we theoretically can infinitely scale.”

StarWare co-founder Eli Ben-Sasson and Cointelegraph Magazine’s Andrew Fenton
Image