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.

Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal

One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023.

Bitcoin sits at range high as realized price sparks BTC 'macro signal'

Interesting signals are being printed by several more chart indicators this week, all of which have proven to be bear market bottom markers.

Bitcoin sits at range high as realized price sparks BTC 'macro signal'

Bitcoin (BTC) inched closer to $22,000 on Aug. 25 as realized price provided the next major hurdle for bulls.

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

Realized price inspires confidence

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to come face to face with $21,700.

That level, coinciding with realized price, had marked the key flip zone to target for bullish continuation the day prior, but at the time of writing, Bitcoin had yet to push beyond it or convincingly turn it to support.

“At realized price again,” analyst Root summarized alongside a chart showing interaction between realized price and spot price during prior bear markets.

2022 had so far seen notably less time below realized price than either 2018 or 2014, Root noted.

image

Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term.

Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term.

Coinbase eyes long-term growth of subscription revenue, NFTs still a focus

Coinbase CEO Brian Armstrong says the exchange has been building subscription revenue streams for three years and will continue to do so into the long term.

Bitcoin advocate floats BTC as a solution to US student loan problems

Dennis Porter said that the government should give $10,000 worth of Bitcoin to debtors and lock it for 10 years.

Bitcoin advocate floats BTC as a solution to US student loan problems

Dennis Porter said that the government should give $10,000 worth of Bitcoin to debtors and lock it for 10 years.

Crypto adoption in Ireland down over 16% in the last year

Adults in Ireland have become slightly less interested in crypto with a drop in ownership from 12% to 10% in the last year.

Amendments to US commercial code differentiate crypto and ‘electronic money’

The updated guidelines seek to clarify the terms of crypto assets lending and specify the status of CBDCs.

ETH whales move holdings onto exchanges before Merge

The top-10 Ethereum non-exchange addresses have seen an 11% decline in their holdings while on-exchange whale addresses have seen a 78% increase over the past three months.

72% of Russians say they have never bought Bitcoin: Survey

A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto.

72% of Russians say they have never bought Bitcoin: Survey

A new survey hints at a lack of crypto awareness in Russia as only 6% of respondents were found to have good knowledge of crypto.

Ruling to keep Tornado Cash developer in jail for 90 days sparks backlash

A judge ruled that the developer must stay in jail for 90 days while awaiting charges and a court date.

US court gives Voyager green light to pay bonuses to key employees

Voyager Digital will pay $1.9 million in retention bonuses to key staff members to ensure the beleaguered cryptocurrency lender can continue operating through bankruptcy proceedings.

Nvidia cites limited visibility into crypto mining's impact on Q2 results

Nvidia's CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company's ability to estimate it.

Nvidia cites limited visibility into crypto mining's impact on Q2 results

Nvidia's CFO said falling crypto prices and changes in consensus mechanisms have in the past impacted demand for its products and the company's ability to estimate it.

Vitalik: People still 'underrate' the superiority of crypto payments

The Ethereum co-founder suggests that cryptocurrency payments are a "big boost" to international business, charity, and even payments within countries.

Vitalik: People still 'underrate' the superiority of crypto payments

The Ethereum co-founder suggests that cryptocurrency payments are a "big boost" to international business, charity, and even payments within countries.

It's a go! Uniswap Foundation becomes reality after 86M votes in favor

The $74 million plan by two former Uniswap Lab executives for a new Uniswap Foundation has just become reality after their proposal received over 99% of the votes from UNI token holders.

According to the initial proposal, the foundation aims to streamline Uniswap’s Grant Program (UPG) and reduce friction in the protocol’s governance system. 

Former Uniswap Labs executive Devin Walsh, now serving as executive director of UF shared the results in a tweet on Aug. 24, noting that the proposal to create the foundation “passed its final vote!” 

According to the Uniswap website, the foundation saw more than 86 million, or 99% of total votes in favor of the proposal, with only 770 votes against it. The votes in favor come despite the initial proposal seeing mixed community reaction when it was first announced on Aug. 5.

The voting period started on Aug. 17, and was cut off at 2:19 pm GMT +10 deadline on Aug. 24. The votes were conducted on Uniswap’s app, with voters needing to hold the UNI token in order to vote. For the vote to pass, a threshold of 40 million votes was needed to be cast in favor of the UF.

Image