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.

First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation

A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation.

Ether price cracks $2K amid staking withdrawals enabled post-Shapella upgrade

Ether (ETH) has crossed the $2,000 mark after the much-awaited Shanghai and Capella upgrade that was implemented into the Ethereum Mainnet.

Ether staking withdrawals: Crypto exchanges set calendar for unstaking

A majority of the validators are withdrawing their staking rewards rather than the whole 32 staked ETH.

Ether staking withdrawals: Crypto exchanges set calendar for unstaking

A majority of the validators are withdrawing their staking rewards rather than the whole 32 staked ETH.

EOS Network lands $60M investment and partnership from DWF Labs

DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption.

ERC-20 tool recovers $150M — Coinbase exec explains how

Will Robinson, vice president of engineering at Coinbase, explains the crypto exchange’s plan to increase its on-chain presence with new tools and the Base network.

ERC-20 tool recovers $150M — Coinbase exec explains how

Will Robinson, vice president of engineering at Coinbase, explains the crypto exchange’s plan to increase its on-chain presence with new tools and the Base network.

ERC-20 tool recovers $150M — Coinbase exec explains how

Will Robinson, vice president of engineering at Coinbase, explains the crypto exchange’s plan to increase its on-chain presence with new tools and the Base network.

Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply

Ethereum staking withdrawals are picking momentum. But they have not been able to cause a major selloff as many had anticipated post the Shanghai upgrade.

Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply

The price of Ethereum’s Ether (ETH) token edged toward $2,000 a day after the launch of the network’s long-anticipated Shapella upgrade.

Ethereum ducks sell-the-news fears

On April 13, Ether’s price gained roughly 4% to reach an intraday high of $1,996 on Coinbase, ignoring the potential sell-off pressure the Shapella upgrade could potentially bring to the market.

ETH/USD daily price chart. Source: TradingView

To recap: The Shanghai hard fork, also known as “Shapella,” enables users to withdraw their ETH from Ethereum’s proof-of-stake smart contract.

As of 9:00 am UTC on April 13, over 98,000 ETH worth around $194.8 million has left Ethereum’s voting balance reserves since the Shanghai launch a day ago, according to Nansen. In other words, nearly $200 million in potential selling pressure has entered the market.

ETH deposits vs. withdrawals. Source: Nansen

But Ether’s price rise since Shanghai suggests that the market has had no problem absorbing any selling pressure arising from this event so far. It’s also possible that most users have decided to hold onto their ETH staking rewards rather than sell them in anticipation of further gains.

image

Montana ‘right to mine’ crypto bill passes the House

The legislation has already passed through Senate voting in February and will now make it to the table of Governor Greg Gianforte.

Ethereum Shapella upgrade: Community celebrates as update goes live on mainnet

Members of the Ethereum community responded to the latest upgrades that happened on the Ethereum mainnet.

Ethereum Shapella upgrade: Community celebrates as update goes live on mainnet

Members of the Ethereum community responded to the latest upgrades that happened on the Ethereum mainnet.

What Bitcoin bear market? BTC price closely copying old halving cycles

Bitcoin continues to fulfil its halving cycle roadmap in classic style compared to 2013 and 2017, the latest BTC price metrics show.

What Bitcoin bear market? BTC price closely copying old halving cycles

Bitcoin (BTC) price action is right on track when it comes to sealing new all-time highs, new data suggests.

A suite of price metrics from on-chain analytics firm Glassnode released on April 11 hints that Bitcoin’s current halving cycle is playing out in classic style.

BTC price closely resembles prior halving cycles

With BTC/USD up over 70% in 2023 and far from its $15,600 lows in November 2022, analysts are already considering the role of next year’s block subsidy halving.

Set to cut the amount of BTC miners “mint” per block from 6.25 BTC to 3.125 BTC; the upcoming halving represents an emission decrease exactly like others that preceded it.

Bets are therefore increasing over the impact on Bitcoin price performance, likewise copying past halvings, with the event itself acting as a springboard for all-time highs.


Italy ChatGPT ban: Data watchdog demands transparency to lift restriction

Italian regulator sets strict guidelines for OpenAI's ChatGPT, mandating increased transparency and age verification measures to protect user privacy to lift restrictions.

Twitter to launch crypto and stock trading in partnership with eToro: Reports

The popular social media app is looking to introduce crypto and stock trading options from within the app as Musk aims to penetrate financial markets.

SEC argues recent court case weakens Ripple Labs’ ‘fair notice’ defense

The SEC filed a letter to further support its motion for summary judgment against Ripple Labs, citing a separate court case it had recently won.

Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more

Bitcoin transaction fees from Ordinals inscriptions have exploded by 240% over the last month.

Zambia’s crypto regulation tests to be wrapped by June: Report

According to Zambia’s tech minister, Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto.

Image