BlockPress

BlockPress

Here’s what happened in crypto today

Crypto Market Update: Daily Trends and Events Bitcoin’s price currently sits at $109,000, a 0.8% increase week-over-week. However, CryptoQuant data reveals a concerning 30-day contraction in demand, totaling -895,000 BTC. Institutional investment also slowed, with ETFs purchasing only 40,000 BTC…

Update: UAE denies TON golden visa claim

The recent announcement by The Open Network (TON) regarding a purported golden visa program for investors staking $100,000 worth of TON in the United Arab Emirates (UAE) has been officially refuted. The Emirates News Agency (ENA), the official news source…

Jack Dorsey tests Bitchat — decentralized messaging without internet

Block CEO Jack Dorsey’s latest venture, Bitchat, aims to revolutionize private communication with a decentralized messaging application leveraging Bluetooth mesh networks. This innovative approach eliminates reliance on traditional internet infrastructure, offering users a secure and independent means of encrypted communication.…

Russia targets crypto mining energy thieves, tax dodgers

The Ukrainian government, through Deputy Energy Minister Petr Konyushenko, has announced the implementation of a national energy consumption register. This initiative aims to bring transparency and accountability to the energy sector, ultimately fostering a more regulated and efficient market. The…