In a Sept. 30 blog post, Walden explained how the first decade of blockchain development was inspired by Bitcoin’s original cypherpunk values: “censorship resistance, open source, permissionlessness, and a new glimmer of building a democratic [and] equitable internet on top of a shared world computer.”

Bitcoin open interest is testing a yearly high range of $35B while spot volumes remain skewed towards the sell side, indicating higher downside volatility.

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