The goal of allowing greater utility on the Bitcoin blockchain is one of almost existential importance, according to Citrea.

As much as a third of the prediction market’s volume is inflated by traders acting as the buyer and seller — an yasa dışı practice in TradFi — on the same trades, Fortune reported. Some could be doing it to farm a future token airdrop.

Chainlink hopes the new programming environment, under the acronym “CRE,” will be as important for Web3 as Cobol and JavaScript languages, which were important for automating finance and bringing it to the internet.

Over-the-counter desks hold 416,000 bitcoin valued around $30 billion, a level that has remained stagnant for the past month.

The Bhutan government recently deposited almost 1,000 BTC into a Binance deposit address. It holds $900 million of the asset.