Author: Kryptonews

Key takeaways: Traders expect a Bitcoin price pullback to $90,000, but a bull flag could break out to new highs if profit taking near the range highs reduces. On-chain data suggests the current profit taking is too weak to extinguish Bitcoin’s current price momentum. Bitcoin (BTC) price has spent the bulk of the week pinned below $104,000 to $105,000, which many analysts have labelled as a resistance zone, but an alternative view suggests that BTC is simply consolidating within a bull flag. A bull flag is a continuation pattern that is characterized by a period of sideways price action following…

The Core Principles of Decentralized Security Blockchain technology is often described as "nearly hack-proof" due to its unique architecture and the principles that govern its security. Unlike traditional centralized systems, which rely on a single point of control, blockchain’s decentralized nature makes it exceptionally resistant to manipulation. This resistance stems from its underlying design, which combines cryptographic security with a distributed network that maintains collective trust. How Decentralization Enhances Security The core strength of blockchain lies in its decentralized structure. Rather than a single server storing all the data, multiple nodes across the network hold copies of the entire ledger.…

Animoca Brands — a groundbreaking force in digital property rights for gaming in the open metaverse — has obtained $20 million in funding to enhance its flagship project, ‘Mocaverse’. Quick Takes:  Animoca Brands secures $20 million to boost its Mocaverse metaverse.  CMCC Global led the funding round, backed by other prominent investors.  The funds will go toward uplifting Web3 gaming, culture, and entertainment. Web3 Powerhouses Supporting Animoca Brands Anomica Brands recently shared its impressive achievement of garnering $20 million in a funding round! The blockchain-based gaming company has hit its target to advance Web3 gaming, culture, and entertainment through the Mocaverse. CMCC…

Luisa Crawford May 16, 2025 09:47 Gala Games introduces the Brock Moneyman Mystery Box featuring VEXI characters of varying rarity, offering a unique gaming experience. Limited supply available from May 15, 2025. Gala Games has announced the launch of the Brock Moneyman Mystery Box, a unique offering designed to bring a new level of excitement to the gaming community. The box, which contains a cranky boss VEXI character of random rarity, promises to deliver an engaging experience filled with complaints, eye-rolls, and desk drama, according to Gala News. Exclusive Release Details The release…

Tron is benefiting from its integration with the most popular stablecoin, now holding over 50% of all USDT tokens. Tron (TRX) is once again leading in stablecoin adoption. As of Friday, May 16, more than 50% of all USDT tokens, the largest stablecoin by market cap, were hosted on the Tron blockchain. This means traders now hold more USDT on Tron than on Ethereum (ETH) and all other chains combined. According to TronScan, the total supply of USDT on Tron is currently over $75,7 billion. With USDT’s total market cap at approximately $151 billion, Tron has narrowly crossed the 50%…

Bitcoin, the world’s first cryptocurrency, has captivated investors worldwide with its potential for high returns. However, its volatile nature and complex ecosystem demand a thorough understanding before jumping in. This article explores key aspects to consider before investing in Bitcoin.## Understanding Bitcoin BasicsBitcoin is a decentralized digital currency, meaning it isn’t controlled by a central bank or government. Transactions are verified by a distributed network of computers through a process called mining and recorded on a public ledger called a blockchain. This transparency and independence are core features that attract many to Bitcoin. Understanding the underlying technology and its inherent…

Crypto’s Evolution: From Digital Currency to Web3’s Building Blocks At its origin, blockchain was seen as the backbone of cryptocurrencies like Bitcoin, Store data securely and transparently However, the technology has matured far beyond digital money. Today, blockchain powers Web3, a decentralized vision of the internet where users control their data and digital interactions. Startups at the forefront of this shift are transforming everything from finance to social media, gaming, and supply chains. Breaking Free From Centralization The core promise of Web3 is decentralization—removing intermediaries from digital transactions, content sharing, and applications. Unlike Web2 (Facebook, Google, and Twitter, controlling user…

Beginnend mit der Blockchain-Strategie der Bundesregierung hat sich das Thema Blockchain endlich langsam in die politischen Kreise vorgekämpft. Zwar ist das Thema sicherlich nicht die Top-Priorität bei den meisten Abgeordneten, dennoch tut sich auch auf der regulatorischen Ebene langsam etwas. Einer der Abgeordneten, welche sich intensiver mit dem Thema Blockchain auseinandersetzten, ist Herr Dieter Janacek von den Grünen.Die Grünen beschäftigen sich meiner Meinung nach relativ intensiv mit dem Thema und haben unter anderem in Berlin einen Austausch mit Industriegrößen zum Thema „Was kann Blockchain?“ organisiert. Ich hatte die Gelegenheit mit Herrn Janecek am Telefon zu sprechen. Dabei diskutierten wir einige Fragestellungen zum Thema Blockchain…

Sen. Richard Blumenthal (D-CT) skewered the Trump family’s crypto firm, World Liberty Financial, on Friday—for what he called its “seriously inadequate” response to a Senate inquiry into the company’s business practices. “This seriously inadequate response conveniently avoids the fact that foreign governments and others can enrich and compromise the President through World Liberty Financial,” Blumenthal said Friday in a statement shared with Decrypt, referencing a letter sent to him by the company earlier this week.“WLFI’s refusal to answer even the most basic questions about President Trump’s financial entanglements with the company raises serious concerns,” the senator continued. “And I will continue…

At 7:29 UTC today, on epoch 222464, the Pectra network upgrade went live on the Sepolia testnet. Unfortunately, an issue with Sepolia’s permissioned deposit contract prevented many execution layer clients from including transactions in blocks. The root cause was identified within minutes, and client teams immediately began working on a fix. This issue is due to Sepolia’s configuration and could not occur on the Ethereum mainnet. Around 14:00 UTC today, validators deployed a fix that restored the network to normal throughput. All Sepolia node operators must now upgrade their execution layer clients to the versions listed below to maintain network…