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The Creator of the Web Signed Up for Blockstack – And 'Shit Got Real'

What happens when one of the founders of the internet signs up for your blockchain? Blockstack CEO Muneeb Ali tells his story.

Updated Sep 13, 2021, 9:04 a.m. Published Apr 13, 2019, 10:00 a.m.
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Bitcoin losing $70,000 is a warning sign for further downside

a sketched graph, heading downward, on a piece of paper

Crypto majors soften while Asian equities rebound modestly, with traders continuing to weigh quantum fears, ETF flows and a possible shift in bitcoin’s broader trend.

What to know:

  • Bitcoin look weak after failing to keep gains above $70,000.
  • Weakness in large caps could soon filter through to small caps, which have been resilient lately.
  • On-chain data suggest the market is in a stress phase without a clear capitulation bottom.
  • Debates rage over impact of quantum-computing risks, a controversial BIP-110 spam-reduction proposal and shifting institutional flows.