The three traits of Web 3.0 that fix what went wrong with today’s internet

[ad_1] Blockchain tech has come a long way. It wasn’t that long ago that crypto remained at the fringes, evangelized by a vocal minority. The narrative shifted once the COVID-19 pandemic pushed people into their homes with plenty of time to dive into new interests. Crypto benefited from the increased attention, entering everyday conversations among friends, family and colleagues. Even so, it’s still early in crypto. Widespread adoption remains elusive and traditional tech gatekeepers maintain their grip on the digital economy. To loosen that grip, those of us building the…

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Pro traders close Ethereum longs even after today’s $1.15B options expiry

[ad_1] Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early hours of March 26 could have pressured Ether price, the continuing surge in gas fees for Ethereum transactions likely played a part. To better assess these forces, one should analyze top traders’ exposure using data provided by the largest crypto exchanges. If the case for the options expiry holds, the long-to-short data from whales and arbitrage desks will show…

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