Binance, one of the leading cryptocurrency exchanges, is taking a step further in the world of blockchain gaming with its upcoming staking campaign. Through its Launchpool feature, Binance will be distributing up to 350 million PIXEL tokens to participants in anticipation of the live launch of the Ronin gaming token later this month. PIXEL is
Prometheum, a trading platform specializing in crypto securities assets, has made headlines with the recent announcement of its custodial services for Ethereum (ETH). This move holds significant implications for the legal status of Ethereum, the second-largest cryptocurrency by market capitalization. Unlike other crypto exchanges, Prometheum’s strategy is to operate within existing laws and compel regulators,
Sky Mavis, the creative force behind the immensely popular play-to-earn NFT game Axie Infinity, has recently announced a groundbreaking collaboration with GMonsters and mobile game publisher MIXI from Japan. This partnership aims to bring titles from MIXI’s Fight League franchise to the Ronin blockchain, unlocking new possibilities and expanding the reach of this innovative network.
Ethereum staking has been gaining traction despite the lackluster performance of ETH’s price in the past year. Liquid staking protocols like Lido Finance have witnessed a significant increase in the amount of ETH being staked. As a result, the total supply of staked ETH has reached an all-time high. Lido Finance recently reported that the
One of the most anticipated events in the world of cryptocurrency is the Bitcoin Halving. This event, which occurs every four years, has often been associated with significant price increases for Bitcoin. Tom Dunleavy, Partner and Chief Investment Officer at MV Capital, recently shared his price predictions for Bitcoin, stating that he believes it will
On-chain data reveals a promising signal for Ethereum as the cryptocurrency surpasses the $2,400 barrier. A recent analysis of the exchange netflow indicator sheds light on the correlation between Ethereum’s price and this metric. The exchange netflow metric tracks the net amount of an asset entering or exiting centralized exchange wallets. Positive values indicate that
In the volatile world of cryptocurrency, trends can quickly shift, leaving investors wondering whether their investments are secure. Bittensor, a growing AI crypto project, recently experienced a significant drop in value, causing panic among TAO holders. This article will examine the current price trends of TAO and explore whether Meme Kombat, a newer meme coin,
Bitcoin (BTC) has defied recent bearish sentiments and surged back to life with a furious rally on Wednesday, reclaiming the $44,000 mark and reaching a four-week high. The leading cryptocurrency has been propelled by a combination of factors, including renewed accumulation by major investors, record highs in US equity markets, and an unexpected regulatory shift
Cardano’s price began its journey on Tuesday at $0.50, residing within the convergence zone between two 60-day trend lines. This zone carries significant importance with key support at $0.50. The market signals of ADA tokens in comparison to Ethereum are quite intriguing. Observing the technical factors, Cardano is displaying a falling wedge pattern along with
The Bank for International Settlements (BIS) has recently released a comprehensive report that discusses the potential fragmentation and dominance by private firms within the emerging metaverse. This digital ecosystem, which promises an economic revolution in various sectors such as gaming, e-commerce, and education, needs strategic oversight to ensure equitable access, data privacy, and robust consumer
Los Angeles-based video game developer, Space Nation, has garnered significant attention for its upcoming release. This highly anticipated massively multiplayer online (MMO) game promises a groundbreaking personalized gaming experience by leveraging generative AI and Web3 elements. Founded in 2019 by industry veterans Jerome Wu and Tony Tang, Space Nation is on a mission to create
In a move towards gaining approval for a spot Ethereum exchange-traded fund (ETF), Ark Invest and 21Shares recently submitted an amended joint application, as revealed in a Feb. 7 S-1 filing. While some positive progress has been made, challenges lie ahead, and the ultimate decision from the U.S. Securities and Exchange Commission (SEC) is eagerly
Ethereum (ETH) has recently achieved a significant milestone in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet. This development marks a crucial step towards implementing the upgrade on the mainnet, thereby improving transaction efficiency, scalability, and reducing transaction fees by up to 90%. In response to this
The recent price stagnation of Cardano (ADA) may be discouraging to some investors, but the blockchain’s behind-the-scenes activity tells a different story. Cardano’s transaction volumes and wallet addresses have been steadily increasing, indicating a growing interest and adoption of the network. This surge in activity has prompted analysts to examine the potential future growth of