Decentral Block Post

BTC price volatility is the name of the game this week as macro pressures combine with the incoming Bitcoin halving.

Tensions in the Middle East ramped up over the weekend following an Iranian drone and missile attack, which saw the price of PAX Gold and Bitcoin reacting very differently.

Bitcoin miner selling could last for four to six months after the halving, amounting to as much as $5 billion worth, according to an analyst.

The price of Bitcoin has grown 54% since the start of 2024, and only six altcoins from the top 50 have done any better.

Crypto executives from Ripple, Gemini and Kraken were top bankrollers of John Deaton’s Senate campaign last quarter.

IRS criminal investigation chief Guy Ficco said his agency has become more aggressive and capable of dealing with crypto-related tax crimes amid tax reporting season.

Celisa Morin, the head of legal at Reed Smith and a former executive at Grayscale, says traditional financial institutions will likely follow BlackRock’s lead in using public blockchains.

The group has been linked to several rug pulls, among them Magnate, Kokomo, Solfire and Lendora.

Bitcoin finds support slightly above $60,000, possibly giving altcoins the green light to move higher in the short term.

This edition of Cointelegraph’s VC Roundup highlights Monad, Auradine, Sapien, HYCHAIN, Web3Firewall and Alpen Labs.

According to Uwakwe, the head of Nigeria’s crypto intercommunity working group, investors worry about potential repercussions similar to Binance’s fate when investing in local Web3 companies.

This group has a history of launching numerous projects that attract significant TVL but later abscond with the funds.

The Nigerian government is collaborating with Interpol and Kenyan police to bring Arjarwalla back to Nigeria to face charges leveled against him.

Open Interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days.

Traders anticipate further downside, with approximately $1.05 billion in short positions at risk if Bitcoin returns to its price from the previous day.

Altcoin season is just around the corner, SEC pushing Uniswap to court and Bitcoin halving countdown.

Bitcoin and other cryptocurrencies fall sharply following Iran's attack on Israel.

The U.S. SEC Wells notice against Uniswap raises questions about consistency in policy enforcement.

Bitcoin scores an accidental multi-year high as BTC price volatility sends altcoins shooting lower.

On the other hand, inflows into Bitcoin ETFs have been minimal, indicating declining investor engagement.