Bitcoin Runes protocol sees sharp decline in popularity
The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance.
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Blockchain tech is helping to reduce the impact of deforestation in Brazil
The move is intended to prevent “laundering” cattle from sanctioned farms. Major meat processing company JBS S.A., has repeatedly come under fire for allegedly contributing to the illegal deforestation of the Amazon rainforest. They are now using blockchain technology to create a unique solution to the problem.According to a Sept. 23 report from Reuters, JBS…

Bitfinex-backed LEO soars to record high on supply crunch expectations
Unus Sed Leo (LEO) surged by almost 70% on Feb. 9 to reach its record highs as traders assessed the potential of an incoming supply crunch in its market.The token was issued in 2016 to refinance crypto exchange Bitfinex after it lost about $70 million worth of Bitcoin (BTC) in a hacking incident. In its…

Bitcoin Stock-to-Flow Creator Will Go Dark if BTC Price Hits 6 Figures
The world will be “nasty” if Bitcoin hits stock-to-flow’s predictions of $288,000 and higher, PlanB warns, as governments will fight for it. The creator of the Bitcoin (BTC) price model, which forecasts $288,000 for BTC/USD by 2024 will “go dark” if his predictions come true.Speaking on the latest edition of the Stephan Livera podcast on…

US Startup Raises $3.5 from Pantera, Others to Launch Decentralized Exchange on LN
The United States-based startup Sparkswap has completed a successful seed funding round to create a decentralized exchange based on the Bitcoin (BTC) Lightning Network. A blog post revealed the development on Monday, April 8.According to Sparkswap’s founder Trey Griffith, the company raised $3.5 million from investors including Initialized Capital, Pantera Capital, Foundation Capital and Y…

BTC price tags $66K — can Bitcoin bulls beat out $100M of asks?
Bitcoin buyers need to ramp up pressure to squeeze the market back toward all-time highs, BTC price analysis concludes.

‘We’re bullish on stablecoins,’ next-gen DeFi — Coinbase Ventures head
Crypto and blockchain-focused venture capital is unfazed by recent market volatility and is using the opportunity to uncover hidden gems in an industry that’s only “one decade into a 30-year paradigm shift,” according to Hoolie Tejwani, the head of VC firm Coinbase Ventures. Coinbase Ventures will “continue to invest steadily through market conditions” because it

Speak Out: Discussing Your Experience in Crypto
41 MINUTES AGO How adventurous is your crypto experience? Got an interesting story to share? You are welcome here. Reply Sooner or later, we all have to deal with negative events in our lives, and crypto is not an exception. Everyone has made a bad trade, lost private keys to their wallet or hodled too…

Alibaba to ban crypto miner sales amid Chinese crackdown
Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties. 469 Total views 3 Total shares Chinese e-commerce giant Alibaba is the next company to wrap its cryptocurrency-related services in response to the ongoing crypto crackdown in China.Alibaba officially announced Monday that its platform will prohibit…