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.

Reddit offloads most of its Bitcoin, Ether holdings

The bulk of Reddit’s cryptocurrency sales came from Bitcoin and Ether holdings, with the company reporting that gains from transactions were insignificant. 

Ex-FTX exec sentenced to time served after guilty plea

Nishad Singh will receive no prison time after pleading guilty to six felony charges in February 2023, cooperating with prosecutors and FTX’s debtors after the exchange’s collapse.

Stablecoins boosting demand for US T-bills: Treasury Dept

The United States Treasury Department is taking an interest in stablecoins and tokenization.

Kraken restructures with new co-CEO, layoffs reported

Kraken hinted that its managerial structure would be reformed, without explaining the details.

Bitcoin traders take a breather as BTC price metrics hint new highs are incoming

Bitcoin fell short of its all-time high, but multiple Bitcoin price metrics show BTC price on target to hit new all-time highs 

Centralized stablecoins may pose risk to DeFi — Curve Finance founder

As centralized US dollar-pegged stablecoins continue to gain popularity, the potential for regulatory capture has grown.

Flow Traders, Wormhole partner to boost cross-chain liquidity

Flow Traders will buy a stake in Wormhole's token and facilitate cross-chain crypto swaps. 

FINRA metaverse warning, Lazarus NFT attack, Thiel backs NFTs: Nifty Newsletter

Lazarus Group used a fake playable NFT game to steal wallet credentials through a vulnerability on Google Chrome. 

Price analysis 10/30: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin’s shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?

Michael Saylor posts fake quote from Trump on crypto to 3.6M followers

Donald Trump said nothing about changing tax laws for Americans using Bitcoin to buy coffee but has suggested eliminating federal income tax.

Bitcoin technical indicator predicts BTC cycle peak in $174K–$462K range

A historically accurate Bitcoin price indicator suggests that BTC’s price will reach the $174,000–$462,000 range within 24 months.

NYSE seeks to list Grayscale crypto index ETF

The proposed ETF holds a diverse basket of crypto assets, including altcoins. It may face competition.

Hong Kong court rules for investors in JPEX cryptocurrency fraud case

This was the first case against JPEX, which operated in Hong Kong without a license.

Bitcoin analyst sees ‘scary’ BTC price upside as funding flat at $73K

BTC price gains are seen continuing after a brief support retest, but it is the lack of interest or market overheating causing the real stir.

FTX CEO hints Nishad Singh should remain free to assist bankruptcy case

John Ray, who took over as FTX CEO in November 2022, suggested Nishad Singh’s cooperation in the firm’s bankruptcy would be “important to maximize recovery” for creditors.

Libeara, FundBridge launch onchain US Treasurys fund

Libeara and FundBridge Capital bring US Treasury investments onchain with the Ultra Fund, boosting blockchain finance.

Decentralized AI takes on trust and privacy at DKGcon 2024

The 2024 Decentralized Knowledge Graph Convention saw experts from AI, blockchain and knowledge graphs converge to promote trust and safety in artificial intelligence.

5 metrics suggest Bitcoin price will break new all-time highs

Bitcoin appears primed for new highs before 2025, according to numerous BTC price metrics.

BlackRock Bitcoin ETF breaks $30B; US ETFs set to hit 1M BTC holdings

Continued ETF inflows could help push Bitcoin to an all-time high, which the asset came within $200 of on Oct. 29.

Starknet hits record 857 TPS, averages 127.5 in stress test

Starknet’s new TPS record hints at scaling potential for Ethereum but raises key questions about real-world scalability.

Nillion network raises $25M for decentralized privacy solutions

Since its graduation from an accelerator in January 2023, privacy solution Nillion has raised a total of $50 million.

Lovers vs. haters: The 10 most pro- and anti-crypto politicians in the US

While support for the crypto industry has been growing in Washington, it still has a fair number of detractors. 

Bitcoin ‘Trump hedge’ rally lacks macro conditions for all-time high

“Bitcoin is currently being used as a liquid proxy to hedge a Trump win,” which was previously seen as “underpriced,” according to an analyst.

Bitcoin life insurance is offering BTC hodlers new tax advantages

Danny Baer of Meanwhile explains why some long-term Bitcoin hodlers are suddenly excited about whole life insurance policies.

Harris vs Trump: Who is the crypto industry backing?

While Donald Trump has been associated with broad support from the crypto community, many people in crypto have endorsed Kamala Harris as well.

Bitcoin well-positioned to hit $100K by January 2025 — 10x Research

Analysts at 10x Research predict BTC may reach $100,000 by the new year, driven by institutional interest, market signals and Bitcoin dominance.

Decentralized network Uplink tops 40K routers, targets lower internet costs

Decentralized internet solutions could create greater global access, a growing need in developing nations with limited internet infrastructure.

Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in

Pyth Network’s pull-based model has driven high transaction volumes, intensifying the Oracle’s competition with Chainlink.

BTC price sets 68K euro all-time high as Bitcoin bulls eye gold next

BTC price strength is already nailing new record highs against major fiat currencies, but gold is now the holy grail for Bitcoin bulls.

What is Floki Inu (FLOKI)?

Discover Floki Inu (FLOKI), the meme coin inspired by Elon Musk’s dog that has grown into a multi-functional crypto ecosystem.

Image