Bear Breather? Bitcoin Looks Oversold After 50% Price Drop Since June

feature San Francisco-based Lightning Labs, focused on a layered scaling solution for bitcoin, released its first mobile app on Wednesday. According to Lightning Labs application developer Tankred Hase, roughly 2,000 users downloaded the app across both iOS and Android. Both his inbox and the inbox of his colleague, developer Valentine Wallace, were flooded with support…

March 21: Elastos, a blockchain project, announced BTC Oracle, "a radical new solution that will enable every EVM-compatible blockchain to be a Bitcoin L2, the most comprehensive solution for cross-chain operability involving Bitcoin and EVM blockchains yet." According to the team: "The BTC Oracle is part of Elastos’s BTC L2, 'BeL2,' the first BTC L2

Binance, the world’s largest crypto exchange, temporarily disabled all crypto withdrawals for a time on Monday due to a large backlog.Withdrawals were resumed about 25 minutes after the stoppage was announced to customers on its Twitter account Monday. But then 20 minutes after that announcement, the company tweeted an update that withdrawals had been closed…

The supposed future of finance is going backward.The amount of money stashed in decentralized finance, or DeFi, protocols has dwindled to the lowest level since February 2021, according to data compiled by DefiLlama. Specifically, total value locked, or TVL, has slumped to $37.5 billion, slipping below the previous post–bull market nadir of $38 billion set…

news Even as bitoin SV (BSV) enjoyed a Craig Wright/Satoshi bump Tuesday, the U.S. Copyright Office was hard at work dispelling notions that it officially “recognized” anyone as the inventor of bitcoin. “As a general rule, when the Copyright Office receives an application for registration, the claimant certifies as to the truth of the statements…

Current laws around intellectual property are enough to deal with concerns around NFTs, a government study has found.The study was requested by Former Democratic Senator from Vermont, Patrick Joseph Leahy and Democratic Senator from North Carolina, Thom Tillis, in June 2022.The current intellectual property laws are adequate to deal with concerns about copyright and trademark

feature When Telegram launches its long-awaited blockchain sometime this month or next, the go-to marketplace for the new gram tokens could be a fledgling exchange with fewer than 4,000 users. At least, that’s what Blackmoon Crypto is hoping. But the Cayman Islands-registered exchange arguably has an edge, in part because of its relationship with a custodian that…

May 14, 2020 at 13:24 UTCUpdated May 14, 2020 at 13:41 UTCIndustry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking RegulationsThe Proof of Stake Alliance (POSA), an industry advocacy group, is publishing a series of recommended standards for companies participating in a proof-of-stake consensus protocol in an effort to reduce regulatory clampdowns…

Crypto.com has seen spot trading volume soar to $134 billion in September from $34 billion in July - The Block. A report by Citigroup attributed crypto.com’s dominance partly due to the crypto ETFs. 02:21 Tether Denies U.S. Probe; MicroStrategy Premium is 'Unsustainable': Report 02:12 Why Polymarket Fails to Raise Polygon POL Price 02:32 Microsoft Urges