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forklog.media Emin Gün Sirer Reveals Fundamentals of a Perfect Blockchain. PoW Mining Is Not Included

Emin Gün Sirer, associate professor of computer science at Cornell University and an early proponent of Bitcoin, is known as the creator of several important scaling solutions, including Bitcoin-NG. Having spent almost two decades in the field of crypto research, today he is the CEO of AVA Labs, the venture-backed company behind an open-source platform for launching decentralized finance solutions. In recent years, Emin Gün Sirer has also been openly sympathetic to Bitcoin Cash, the altcoin project launched in August 2017 as a Bitcoin hard fork. Something that made him an obvious target for the hardcore Bitcoin maximalists. In an interview with ForkLog’s Andrew Asmakov, Emin Gün Sirer shares his vision on the future of the crypto industry and explains how the infamous Bitcoin block size wars eventually took him to AVA, the project he calls the future of blockchain. As of June 16, 2020, the AVA blockchain incentivized testnet has come to an end: https://twitter.com/avalabsofficial/status/1272935274713137152 ForkLog: Before AVA, you have been experimenting with different Bitcoin scaling solutions, including Bitcoin-NG and TeeChain. Where are these projects now? Have they actually spurred you to start working on what you are doing today? Emin Gün Sirer: Let me give you a bigger picture. I am a professor at Cornell, and I have been working on cryptocurrencies for about 19 years now, so my interest in the space predates Satoshi. In 2002, before Bitcoin came along, I had already worked on Proof-of-Work and that work on minting cryptocurrencies with PoW is very well cited among the academics. I didn’t pursue it because I was told by other professors that I would not be able to find funding for it, and they were right as the timing, right after 9/11, was not very good. Satoshi came after me and his timing was perfect. His vision was bigger than mine and he had the breakthrough, something that my system called Karma didn’t have. https://twitter.com/el33th4xor/status/992013079855730688 After that I have discovered a way to mine more profitably than Bitcoin itself, it’s called selfish mining. I also worked on coin security, I invented Bitcoin Vaults, and they have just been implemented on the Bitcoin chain, finding its way into production. And I did Bitcoin-NG, which is now used in at least five different chains, including Waves and Aeternity. After that, I worked on Teechan and Teechain, these are layer-two protocols for moving value very fast and more secure than Lightning Network. And while I think that layer-two solutions are interesting, they tend to be more limited in capacity. The Avalanche protocol represents the best of what I know, combining features from different projects and the lessons learned, pulling it all together in a new and very fresh approach to creating a value proposition. FL: What made the concept of selfish mining so necessary? Emin: Over time, I realized that having miners was a terrible idea. Miners represent a class of participants whose interests are not aligned with anyone else’s. In the Bitcoin block size wars, their role was very confusing and created a lot of stress and controversy. Mining is an inherently centralized game and is out of scope for many regular participants. If I act on my own, I can’t possibly start a competitive mining operation because it requires a capital investment beyond what most people can afford, it involves access to mining rigs and cheap electricity. So I decided that mining was not the right direction. FL: Apart from getting rid of PoW mining, what are other fundamentals of a successful blockchain project? Emin: Decentralization, this is a very important thing to me. I watched many other people trying to make trade-offs and giving up on decentralization, but there’s nothing interesting in achieving coin performance by centralizing it. Security is another thing that is paramount to this. It is essential that any new coin comes with a security proof. It’s not about someone just putting certain things together and saying “Oh, this is great!” The protocol security has to be proven in the correct way, and we at AVA have spent a lot of energy on ensuring that we have a secure and trusted foundation for other people to issue assets on. FL: For quite a long time you have been a vocal critic of certain Bitcoin scaling solutions, including SegWit, and it was specifically interesting to find one of your earlier statements where you call yourself ‘the grandfather’ of UASF (User-activated soft fork). Do you think it would be possible to avoid all that drama that the crypto space was engulfed in 2017 with things like UASF, SegWit, and SegWit2x on the table and making the waves at round tables and on social media?  Emin: I really once called myself the grandfather of UASF meaning that regular users should be able to reject changes to the protocol proposed by miners, and that’s one of the nice properties of Bitcoin. I very much feel bad about everything that transpired during the block size debate. I did criticize things, but I always tried to side with science. For that reason, I felt that one of the sides was bending the truth and saying things that were not scientifically correct in order to affect a particular change to the protocol. They wanted to introduce that SegWit modification and certain economic subsidies and they weren’t honest with their users on that. Neither were they honest about the limitations of the Lightning Network, and it’s only now that people are starting to realize that Lightning Network is limited in capacity. These are the things that I have called out many years ago. This doesn’t mean that the LN’s approach is bad, it’s just about being honest. And, certainly, it’s not the case that Bitcoin is bad, Bitcoin is still Bitcoin and it’s impossible to read the white paper and not to fall in love with it. As for the whole block size debate, it took a lot of energy from the system and the entire cause of cryptocurrencies was stopped. If you ask me where we are today, I think that both Bitcoin and Bitcoin Cash are trying to do something that is really difficult. I mean the competition with sovereign fiat currencies. They are trying to outdo the dollar, the Euro, and the Ruble, but that’s not easy. I hope they succeed and get to where they want to get to, but there’s a bigger game in town. There’s much more value in other assets that are non-monetary assets, that are not sovereign fiat money. You can ink a much more useful system that has many use cases and doesn’t compete with the fiat use case. That’s one of the directions where AVA is heading. The other thing is that all these systems are limited by the consensus protocol they use, so they can never outdo fiat due to the lack of scale. AVA has the scale necessary to tackle the fiat use case but it’s not even trying to do that! Its actual goal is to tackle other assets issued on blockchain to facilitate the transfer of financial instruments across the globe in a censorship-free manner. FL: Back in 2018, I spoke to Erik Voorhees and he was quite sincere in trying to convince me that SegWit2x was not about the interests of large enterprises but rather the broader Bitcoin community. He hasn’t really convinced me to be honest, and I am still thinking a lot about different groups chasing their own interests and how all that split the space.  Emin: This is a very hard question and to find the answer we probably need more time to sit down with beers and discuss that. SegWit2x was a compromise solution that tried to incorporate block size ideas from both sides and change the protocol to add the SegWit complexity. To me, it represented a terrible technical approach. It was a very good thing to try to find the middle ground and to unify the community, but technically speaking, it was too complex and it was not the block size increase that would be big enough. I was confident that it wouldn’t succeed and I wasn’t surprised when it didn’t succeed. I wasn’t a SegWit2x proponent at any time. I like intellectually pure solutions and that’s why I like Bitcoin Cash. It has clearly defined what it wants to do. I like what Bitcoin is trying to do as well, but I was a little worried that the idea of SegWit was presented in a dishonest manner. The main problem was about the governance since developers were pushing for a change out of hand. I was not a big fan of their arguments because they were not based on proper science. FL: You have not only been heavily trolled by hardcore Bitcoin maximalists because of your views on SegWit, but you also claimed there was a Bitcoin Core troll factory. Is this all over now? Emin: Yes, I was trolled, but that’s alright. In the end, science is the way of validating the truth. So what we see today is that Lightning is limited in capacity and we also have some privacy issues associated with that, so it is playing out exactly the way I said it would. It’s an interesting space, and I expect everybody to have good motives. I want to believe that everyone in the industry is trying to do what they think is the proper way to advance crypto. What I judge people by is how they achieve their goals, what’s the process, whether they think that it’s ok to use methods that deceit people. I don’t like people who do that. I saw more of that from one side than from the other, but it’s all under the bridge now. Bitcoin has its own path, it is trying to compete with the dollar as the store of value, and it’s proponents don’t want it to be used for anything else. In fact, a while ago I had a meeting with Adam Back and Peter Wullie in Malta, and they told me: “Look, we could have made blocks a little bigger, but it wouldn’t take us anywhere. We will never be competing with Visa anyway.” And that was the moment when I realized they were absolutely right about that. Bitcoin can’t compete with Visa just by making the blocks bigger. And that also was one of the big things that gave rise to my efforts to bring AVA to the world, because we need a drastically better protocol to compete with Visa. FL: Speaking about AVA, what makes it different from other blockchains and how exactly do you plan to win the competition over other existing projects? Emin: There are three differentiators for AVA that all together sum up to one big value proposition. Number one is the consensus protocol. Deep at the heart of AVA, lies a brand new style of consensus protocol which is as much of a breakthrough as Satoshi Nakamoto’s whitepaper was. It allows AVA to be much faster and to achieve finality in one second. It supports more transactions per second than Visa without compromising decentralization. The amazing thing is that the network itself is more decentralized than Bitcoin. It doesn’t involve Lightning and is still more efficient, anyone can participate and collect rewards. This is what makes AVA unique, and while a lot of people make similar noises, if you look behind the covers you see that they all use old technologies. AVA innovated substantially in this space. The big step forward and the thing that allows it to be so fast is this new consensus protocol which is a substantial scientific improvement. The second differentiator is the network model. All other coins have copied their network model from Satoshi. They have one coin network with one virtual machine (VM), while we are building a platform for other people to issue digital assets on. There’s going to be the AVA coin underneath and there will be many other coins on top of it. Each of these coins can introduce its own VM, and people can also define who gets to be inside the network. This a hybrid model that allows one to send the network from fully permissionless to fully permissioned. This is great for large corporations and enterprises as it allows them to do legally compliant coin offers. You can create a coin and control its behavior inside the network as well as the behavior of all the participants. The third and final differentiator is the governance model where the participants determine key parameters of the network. They can’t change certain characteristics, for example, the number of coins issued, since each coin has a hard cap, but they can change the way of approaching the hard cap. They can reduce the minting rate if the issuance rate is too high, or to increase the minting rate if they want to incentivize people. All of this is in the hands of the stakeholders. In essence, what you build is a central bank with the participants running the network around it. FL: Is this correct to say that AVA also falls into the category of DeFi projects? Emin: Yes, AVA is very much designed to facilitate DeFi in multiple ways. Number one is the support of smart contracts programming language. AVA supports the Ethereum Virtual Machine, but we also plan to support WebAssembly which would make us the only platform to support both. This will allow people to create smart contracts in any language they like. The second thing is that we allow people to issue top-class assets on top of AVA and the system is aware of them. The big problem with Ethereum is that assets might have a value that exceeds that of the network and the participants can’t extract that value. In contrast, in AVA all the participants know the assets they support and have a way of extracting transaction fees from these assets. In simple terms, I can create a new asset, for example, a real estate token, I can define who gets to validate it, and those validators can demand fees that will be reasonable for the real estate sector, even hundreds of dollars. This is what only AVA offers. In Ethereum, miners can’t extract fees that are in line with the assets. FL: If there was no Bitcoin Cash hard fork in August 2017, everyone is in total agreement, and Bitcoin gets a block size increase, where would we be today?  Emin: I don’t think it would be very different even if the community had remained united. Bitcoin would still be limited in its capacity, it wouldn’t be able to compete with fiat for payments, it’s just not possible with its protocol. Ethereum with its ICO’s would have still taken off and its problem would have remained the same, so we would be exactly where we are today. The technology we had was not sufficient to meet the people’s demand. And what happens when the technology is limited and can’t scale is that you get different groups. People want to get a better design and go in different directions, and if they can’t agree on the direction they splinter. That’s a natural thing. But when you come into the space with something that is three orders of magnitude faster, then it changes the whole game. FL: What will the crypto industry look like in 5–10 years? Emin: If we speak about this timeframe, I expect the vast majority of financial assets to be traded on digital decentralized platforms. This influences fiat currencies and all other assets that we are familiar with: stocks, bonds, and more complex financial instruments. I expect this to be happening on secure trustworthy exchanges. The exchanges that we have today are neither secure nor trustworthy. We will see the blockchain technology, the byzantine tolerant protocols substantially disrupting and transforming the finance space. Everything that we know today, things like titles, credentials, or diplomas, they all will be in blockchain form, and what we are doing is laying the foundation for such a system. A foundation that can support all these kinds of digital assets in a unified fashion. That’s our vision and our goal. Emin Gün Sirer was interviewed by Andrew Asmakov Follow us on Twitter and Facebook and join our Telegram channel to know what’s up with crypto and why it’s important.

bitcoinist.com Bitcoin Miners Are Bleeding: This Is Why You Should Be Paying Attention

Bitcoin is testing $67,000. Days of attempting to push above $71,000 have produced nothing conclusive. And yet, beneath the price action, the miners are sending a signal that has historically mattered more than the short-term chart. Related Reading: XRP Leverage Collapses 78% On Binance – The Crowded Trade Has Been Cleared An XWIN Research Japan […]

cryptobriefing.com Ripple CEO warns against another weaponized Gensler moment if SEC-CFTC rules aren’t codified into law

Codifying SEC-CFTC rules into law could prevent politically motivated crackdowns, fostering innovation and enhancing US crypto competitiveness. The post Ripple CEO warns against another weaponized Gensler moment if SEC-CFTC rules aren’t codified into law appeared first on Crypto Briefing.

cryptopotato.com Bitcoin Price Analysis: How Low Can BTC Fall After Losing $66K?

Bitcoin has entered a delicate phase. It is testing the lower boundaries of its recent consolidation after a significant retracement from late-2025 highs. Market structure now suggests a potential accumulation zone is forming, with short-term swings contained within a widening channel. However, volatility remains elevated, and the coming sessions can be crucial for determining whether […]

blockonomi.com DeepSnitch AI Is Selling Out Fast Ahead of March 31st: Last Chance to Buy Into Daily Trading AI  with the Potential to Deliver 100x Gains within a Short Period

The United States government is now paving the way for everyday retirement accounts to hold digital assets. The White House recently completed a critical review that could allow standard 401(k) plans to include decentralized investments. But investors who want to make good profits in this current market cycle are joining the DeepSnitch AI presale before the [...] The post DeepSnitch AI Is Selling Out Fast Ahead of March 31st: Last Chance to Buy Into Daily Trading AI  with the Potential to Deliver 100x Gains within a Short Period appeared first on Blockonomi.

blockmanity.com Crypto’s Collared Shirt Era: A16z Partner Reveals Wall Street Boom and AI-Powered Future

Crypto’s : A16z Partner Reveals Wall Street Boom and AI-Powered Future Crypto has come a long way from its wild early days. No longer just for tech enthusiasts in basements, it’s stepping into what experts call the . This means […] The post Crypto’s Collared Shirt Era: A16z Partner Reveals Wall Street Boom and AI-Powered Future appeared first on Blockmanity.

news.bitcoin.com Bitcoin Erases March Gains as Q1 Losses Top 25% Amid Geopolitical Friction

Bitcoin’s early March rally has reversed, with the price sliding below $66,000 and hitting a multi‑week low amid geopolitical tensions and U.S. market weakness. Crypto and Wall Street Diverge From Global Indices After kicking off March with a bullish surge, bitcoin now appears destined for a round trip back to its opening levels. The top […]

news.bitcoin.com ‘Going Great’: Trump Touts Iran Operation While Ceasefire Falls Apart and Oil Climbs Past $108

Iran formally rejected a U.S.-brokered 15-point ceasefire proposal this week, pushing Brent crude above $108 per barrel and triggering a broad selloff across global equity markets. Hormuz Crisis Deepens: Iran Rejects Peace Plan, Crude Oil Climbs Tehran’s foreign minister, Abbas Araghchi, dismissed the plan as “one-sided” and “maximalist,” calling U.S. claims of productive negotiations “fake […]

blockonomi.com XRP Price Prediction in 2026: MARA Sells $1.1B in BTC While Pepeto Targets 100x Over Coins Like XRP and DOT

Mortgage rates at 7% are trapping American families in $2,300 monthly payments for 30 years, and the XRP forecast pointing toward 16% annual growth is not going to change that math for anyone. MARA just sold 15,133 Bitcoin for $1.1 billion to cut its debt by 30%, and that tells the reader everything about what [...] The post XRP Price Prediction in 2026: MARA Sells $1.1B in BTC While Pepeto Targets 100x Over Coins Like XRP and DOT appeared first on Blockonomi.

bitcoinist.com Survey Shows Institutions Want Solana Over XRP And Dogecoin, Here Are The Figures

A recent survey by Coinbase and EY-Parthenon shows that institutional investors are more allocated to Solana over XRP and Dogecoin. This contrasts with the current trend in spot crypto ETFs, where XRP ETFs boast more net assets than SOL and DOGE ETFs.  Institutions Are More Invested In Solana Than XRP And Dogecoin The survey shows […]

news.bitcoin.com Altcoins Tumble as Total Market Capitalization Falls Below $1 Trillion Mark

The altcoin market suffered a sharp sell-off on Friday, with total capitalization dropping below $1 trillion for the first time in weeks. ETH and SOL Spearhead the Retreat The altcoin market endured a brutal session on Friday, March 27, as investors aggressively unwound positions in a frantic flight to liquidity. The safe haven narrative, which […]

blockonomi.com DraftKings vs ZunaBet: Comparing Welcome Bonuses

The welcome bonus is where a gambling platform puts its money where its mouth is. Every operator talks about valuing players. The bonus is where that claim either holds up or falls apart. DraftKings, one of the largest and most visible gambling brands in America, approaches its welcome offer with the measured confidence of a [...] The post DraftKings vs ZunaBet: Comparing Welcome Bonuses appeared first on Blockonomi.

blockmanity.com Crypto’s Collared Shirt Era: a16z Partner Reveals Wall Street Surge and AI-Driven Future

Crypto’s Era: a16z Partner Reveals Wall Street Surge and AI-Driven Future Blockchain and crypto have come a long way from their wild early days. No longer just for tech enthusiasts in basements, the industry is stepping into a more mature […] The post Crypto’s Collared Shirt Era: a16z Partner Reveals Wall Street Surge and AI-Driven Future appeared first on Blockmanity.

blockonomi.com 3 Reasons DeepSnitch AI’s Utility Could Matter More Than Hype Before March 31, as It Offers a 100x Limited Chance for Investors

MARA Holdings just liquidated over $1 billion of Bitcoin to repurchase convertible debt and expand into artificial intelligence infrastructure. But within the current market, DeepSnitch AI dominates the financial conversation, securing over $2.6 million in presale funding at a fixed $0.04669 entry price. When evaluating long-term crypto projects, active defense mechanisms easily outshine speculative assets. Applying strict fundamental [...] The post 3 Reasons DeepSnitch AI’s Utility Could Matter More Than Hype Before March 31, as It Offers a 100x Limited Chance for Investors appeared first on Blockonomi.

news.bitcoin.com California Governor Bars Policymakers From Insider Betting on Prediction Markets

California Gov. Gavin Newsom signed an executive order Friday barring gubernatorial appointees from using insider information to place bets on prediction markets such as Polymarket and Kalshi. California Bans Gubernatorial Appointees From Betting on Prediction Markets With Non-Public Information The order takes effect immediately. It extends California’s existing conflict-of-interest statutes directly to prediction markets, which […]

news.bitcoin.com MiCA Decoded: 174 Registered CASPs, but Only 14 Can Operate a Centralized Crypto Exchange (CEX)?

If the EU has already issued 174 MiCA licenses, why are there only 14 actual crypto exchanges on the list? To demystify this, we need to decode what the public registers are really telling us about how crypto businesses are setting up in Europe. MiCA Decoded is a 12-article weekly series for Bitcoin.com News, co-authored […]

blockonomi.com BlockDAG Staking Returns Rival Early Solana Before Launch Date as XRP and Pudgy Penguins Price Send Mixed Signals

Markets are sending mixed signals. Some assets are building real cases for attention, others are fading quietly. XRP price today reflects exactly that tension. Exchange inflows climbed while prices rose, showing demand absorbing additional supply rather than cracking under it. Pudgy Penguins price jumped 6.76% near $0.00746 after the Visa-powered Pengu Card launched globally, giving [...] The post BlockDAG Staking Returns Rival Early Solana Before Launch Date as XRP and Pudgy Penguins Price Send Mixed Signals appeared first on Blockonomi.

btcmanager.com BlockDAG at $0.0005 enters final window as urgency builds while Dogecoin and Solana face market uncertainty

Dogecoin and Solana draw forecasts as investors eye early-stage entry opportunities like BlockDAG. Dogecoin price prediction continues to draw attention due to the coin’s history of sharp price swings and community-driven momentum. Solana price prediction 2026 remains a focus for…

news.bitcoin.com How ChangeNOW’s Crypto Swap API Helped Bitcoin.com Drive a 25% Increase in User Activity

This content is provided by a sponsor. Expanding crypto swap infrastructure within a live, high- volume product is one of the more technically demanding decisions a crypto platform can make. For Bitcoin.com – a platform with over a decade of history in the crypto industry, offering a wallet, swap, news, and educational resources to millions […]

blockmanity.com Prediction Markets Surge to $21 Billion Monthly Volume in 2026: Key Drivers and Future Outlook

Prediction Markets Surge to $21 Billion Monthly Volume in 2026: Key Drivers and Future Outlook Prediction markets have exploded in popularity. These platforms let people bet on future events like elections, sports games, and global news. Traders buy and sell […] The post Prediction Markets Surge to $21 Billion Monthly Volume in 2026: Key Drivers and Future Outlook appeared first on Blockmanity.

blockonomi.com Crypto News Today: Pepeto’s 100x Rally Leads as Morgan Stanley MSBT Nears Launch While Solana and XRP Face Resistance

The average American graduate is carrying $37,000 in student loans, and a 15% annual return on Solana is not going to erase that number in any timeline that matters. Morgan Stanley’s MSBT Bitcoin ETF listing is “imminent” while the broader market holds its breath through the biggest crash of 2026. Pepeto has raised more than [...] The post Crypto News Today: Pepeto’s 100x Rally Leads as Morgan Stanley MSBT Nears Launch While Solana and XRP Face Resistance appeared first on Blockonomi.

bitcoinist.com No Bitcoin Sell-Off At GameStop, 4,710 BTC Still On Books

Two months of speculation ended Tuesday when GameStop confirmed it never sold its Bitcoin. The company pledged 4,709 of its coins to Coinbase Credit as collateral for a covered-call options strategy, according to its annual report filed with the Securities and Exchange Commission. Related Reading: Bitcoin Now Less Volatile Than Tesla, Nvidia — Schwab Data […]

bitcoinmagazine.com Bitcoin Fear and Greed Index Hits Extreme Fear at 13 Out of 100

Bitcoin Magazine Bitcoin Fear and Greed Index Hits Extreme Fear at 13 Out of 100 The current Bitcoin Fear and Greed index suggests high investor anxiety with potential buying opportunities. This post Bitcoin Fear and Greed Index Hits Extreme Fear at 13 Out of 100 first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Top 3 Magnificent 7 Stocks for 2025: Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN) Stand Out

Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN) lead the Magnificent 7 stocks for 2025 with superior AI exposure, growth, and attractive valuations. The post Top 3 Magnificent 7 Stocks for 2025: Alphabet (GOOGL), Microsoft (MSFT), and Amazon (AMZN) Stand Out appeared first on Blockonomi.

news.bitcoin.com Vietnam Authorities Launch Probe Into Multi-Billion Dollar Crypto Fraud

Vietnamese authorities dismantled a massive cryptocurrency fraud scheme following coordinated raids across multiple provinces, resulting in more than 140 interrogations and the seizure of extensive electronic evidence. Rapid Response and Formal Charges Authorities in Vietnam have launched a sweeping investigation into one of the country’s largest cryptocurrency fraud cases to date, detaining several high-profile figures […]

blockonomi.com Crypto Movers You Can’t Miss: POL and TAO Gain, BlockDAG Unlocks Early Access for Just $0.0005

The crypto market has been full of sudden climbs, sharp drops, and surprises this quarter. Amid this chaos, Polygon (POL) is showing signs of steady growth, with a Polygon price prediction for 2026 pointing toward $0.28 as adoption rises across NFTs, fast transactions, and scalable blockchain solutions. Likewise, the Bittensor TAO price surge is making [...] The post Crypto Movers You Can’t Miss: POL and TAO Gain, BlockDAG Unlocks Early Access for Just $0.0005 appeared first on Blockonomi.

blockonomi.com Next Crypto to Explode: DeepSnitch AI Surges on Live AI Utility With 100x Post-Launch Potential While Pi Network Turns Cautious and Monad Faces Selling Pressure

DeepSnitch AI ($DSNT) is earmarked as the next crypto to explode by investors seeking projects with real utility and massive upside. Constantly delivering results, many believe it’s 2026’s best bet. Now in its eighth stage, the presale is priced at $0.04668. Having raised $2.6 million, it’s seeing an influx of investors who believe it’s poised to be [...] The post Next Crypto to Explode: DeepSnitch AI Surges on Live AI Utility With 100x Post-Launch Potential While Pi Network Turns Cautious and Monad Faces Selling Pressure appeared first on Blockonomi.

blockmanity.com Bitcoin Price Rebound: Trump’s Iran Strike Pause Extension Halts BTC Downtrend Amid Global Tensions

Bitcoin Finds footing After Geopolitical Jolt Bitcoin (BTC) has shown resilience today, trimming its earlier losses and climbing back toward $69,000. This recovery comes hot on the heels of U.S. President Donald Trump’s announcement to extend a pause on potential […] The post Bitcoin Price Rebound: Trump’s Iran Strike Pause Extension Halts BTC Downtrend Amid Global Tensions appeared first on Blockmanity.

forklog.media Monthly Trading Volumes on Prediction Platforms Surpass $20 Billion

Since the beginning of the year, monthly turnover on prediction markets has surged to a record $20 billion, with the number of unique wallets tripling to 840,000. These figures were shared by analysts at TRM Labs. Source: TRM Labs. From Cryptocurrencies to Geopolitics The bulk of trading activity is driven by geopolitical events, macroeconomic indicators, and the political agenda in the United States. These have displaced cryptocurrency-focused bets, which previously dominated prediction platforms. This shift occurred amid a downturn in the digital asset sector. On Polymarket, volumes have shifted towards tariffs (116 active markets), ceasefire scenarios in Ukraine, and tensions between China and Taiwan. A contract on a US strike on Iran attracted $73 million—a record for the platform's geopolitical markets. On February 28, Polymarket set a daily record of $425 million, surpassing the peak of the 2024 US presidential election. The record was driven by the resolution of Iranian markets. The volume of bets on the Khamenei departure contract soared from $23,000 to $29.6 million in a day—a 1,275-fold increase, the largest daily jump in history. Market Structure Analysts identified four defining features of Polymarket's structure: Geopolitics dominates, but not in a single theme. Volume is fragmented among overlapping issues: leadership outcomes (Khamenei, Xi, Netanyahu), conflict scenarios (Iran, Ukraine, Venezuela), and political events (US shutdowns). US politics remains the second most significant pillar. Contracts tied to domestic political events. The market does not separate "serious" and "non-serious" events. Alongside wars, elections, and macroeconomic issues, bets in the entertainment and culture category are also in demand. Platforms do not separate contracts by instrumental classification, creating a "super app" experience where users trade various instruments on a single platform. At all levels, markets related to international relations and macroeconomics occupy the top positions. Cryptocurrencies hold a small share. Profitability and Strategies The 10 most successful wallets on Polymarket at the beginning of 2026 demonstrated three behavioral models: macro conviction — several addresses focused on decisions by the Fed, earning $3.26 million; algorithmic market-making — a user earned $3.35 million on over a million small trades on markets related to the Oscar premium; event opportunism — a trader created a wallet, played on Ethereum price fluctuations, earned $709,000, and exited. The top address earned $6.2 million across various markets, including Fed meetings, the World Cup, and the 2028 US presidential election. Six out of ten wallets traded every day for 80 days from January 1 to March 22. Source: TRM Labs. New Investments On March 27, Intercontinental Exchange (ICE) announced an investment in Polymarket. The amount was $600 million—part of previously agreed funding, under which the company will invest $2 billion in the platform. ICE also announced the possibility of purchasing Polymarket securities from existing holders for up to $40 million—this will allow increasing the stake as the current fundraising stage progresses. Terms are undisclosed, with a promise to reveal them later. Kalshi raised over $1 billion in a new funding round, increasing its valuation to $22 billion. The deal was led by Coatue Management.

blockmanity.com The Future of Technical Hiring Starts with Swiftcruit

Hiring great engineers has never been harder. Companies invest enormous time screening resumes, conducting technical interviews, and reviewing coding tests  yet hiring outcomes remain unpredictable. Traditional coding assessments often fail to reflect how engineers actually work in modern environments where […] The post The Future of Technical Hiring Starts with Swiftcruit appeared first on Blockmanity.

bitcoinmagazine.com ICE Announces $600 Million Strategic Investment in Polymarket

Bitcoin Magazine ICE Announces $600 Million Strategic Investment in Polymarket Intercontinental Exchange has completed a $600 million direct cash investment in prediction market platform Polymarket. This post ICE Announces $600 Million Strategic Investment in Polymarket first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

bitcoinist.com Bitcoin Miners Are Under Heavy Profit Pressure, CoinShares Finds

Bitcoin miners are coming under acute financial strain as weaker bitcoin prices, compressed hashprice and elevated network competition push much of the sector toward breakeven or below, according to CoinShares’ Q1 2026 mining report. For public miners in particular, the pressure is no longer just cyclical. It is increasingly shaping business models, treasury policy and […]

blockonomi.com Ripple CEO Reveals Major Banks Explore Stablecoins

TLDR Ripple CEO Brad Garlinghouse said major global banks are actively exploring launching their own stablecoins. Garlinghouse shared the update during a panel discussion at FII Priority Miami 2026. He stated that internal discussions are taking place at senior levels within large banking institutions. Garlinghouse questioned whether the market needs a large number of similar [...] The post Ripple CEO Reveals Major Banks Explore Stablecoins appeared first on Blockonomi.

blockonomi.com Cardano Price Could Reach $2 Within Days, Trader Says

TLDR A veteran trader says Cardano could reach $2 within days if it posts consecutive 40% to 50% daily gains. Cardano currently trades at $0.2516 and would need about a 695% increase to hit the $2 target. The trader based his projection on past market cycles where ADA delivered rapid price rallies. In 2021, Cardano [...] The post Cardano Price Could Reach $2 Within Days, Trader Says appeared first on Blockonomi.

news.bitcoin.com XRP Breaks Lower as Liquidations Deepen and Macro Risks Intensify Across Crypto Markets

XRP slides toward key support as bearish momentum intensifies under macro pressure and heavy liquidations, leaving the asset vulnerable to further downside while struggling to stabilize near the lower end of its trading range. XRP Downtrend Deepens as Key Support Faces Pressure At 9:11 a.m., XRP is trading at $1.33247, extending its recent decline as […]

blockonomi.com Cardano Midnight (NIGHT) Lists on Australia’s CoinSpot

TLDR Cardano Midnight has launched on the Australia-based crypto exchange CoinSpot for active trading. CoinSpot confirmed that users can now buy sell, and trade the NIGHT token on its platform. The exchange introduced a social media giveaway campaign to promote Midnight trading. Midnight connects to the Cardano network through zero-knowledge proof technology. The token was [...] The post Cardano Midnight (NIGHT) Lists on Australia’s CoinSpot appeared first on Blockonomi.

blockonomi.com 5 Growth Stocks Flying Under the Radar: Cloudflare (NET), MercadoLibre (MELI), Nu Holdings (NU) Analysis

Analysis of 5 potentially undervalued growth stocks: Cloudflare (NET), Duolingo (DUOL), MercadoLibre (MELI), Nu Holdings (NU), and Axon (AXON). The post 5 Growth Stocks Flying Under the Radar: Cloudflare (NET), MercadoLibre (MELI), Nu Holdings (NU) Analysis appeared first on Blockonomi.

news.bitcoin.com Bitcoin ETFs See $171 Million Outflow as Ether Extends Losing Streak

Crypto exchange-traded funds (ETFs) remained under pressure on Thursday, with bitcoin posting heavy outflows and ether extending its losing streak. Solana declined modestly, while XRP activity stayed flat. Crypto ETFs Slide Again: Bitcoin, Ether ETFs Deepen Losses While Solana Also Slips Confidence continues to erode across crypto ETFs. What began as a mild pullback has […]