Exverse, a free-to-play Web3 game, has recently secured $3 million in a private funding round. Unlike early Web3 gaming models that prioritized tokenomics and marketing over game development, Exverse is focusing on delivering a high-quality gaming experience. By addressing flaws in existing models, Exverse aims to appeal to mainstream gamers and crypto enthusiasts alike. Led
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Cardano (ADA) has recently broken the $0.61 barrier, signaling a potential bullish trend in the crypto market. A unique trend in derivatives market trends suggests that more bullish action could follow. As of Jan. 25, ADA’s open interest stood at $217.1 million. However, in a surprising turn of events, it has increased by an additional
VeChain, an enterprise-oriented layer-1 solution, has experienced a significant surge in price recently. The price of VeChain (VET) has seen a remarkable increase of 74% over the past six days, reaching a market price of $0.048. This surge in price can be attributed to a key reclamation of the 20-day moving average (DMA) on February
Ethereum (ETH), the second-largest cryptocurrency globally, is poised for significant growth, inching closer to the coveted $3,000 mark. Analysts speculate that this may just be the start of a remarkable ascent, potentially culminating in a staggering $4,000 finish by the end of February. One of the driving factors behind ETH’s upward trajectory is the rising
The price of XRP saw a surge above the $0.57 mark in the last 24 hours, a significant rise of more than 10% compared to its value on February 9th when it was trading below $0.52. As always, XRP has been subject to intense speculation, and this time is no different. Analysts and traders are
In a thought-provoking discussion at the Exchange ETF conference in Miami Beach, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, and Ric Edelman, founder of the Digital Assets Council of Financial Professionals, shared their insights on the future of spot Bitcoin ETFs and their integration within diversified portfolios. The standout moment came when Ric
The US Security and Exchange Commission’s (SEC) Office of Inspector General (OIG) is currently conducting an investigation into cryptocurrency-related financial conflicts of interest. This inquiry was prompted by the accountability group Empower Oversight, which uncovered concerning information about the SEC’s Ethics Office and a former official named William Hinman. Hinman is specifically accused of participating
Tron Founder Justin Sun has recently unveiled a groundbreaking Bitcoin Layer 2 roadmap, aiming to revolutionize the BTC network by enhancing scalability, speed, and security. This protocol also strives to integrate TRON tokens with the Bitcoin blockchain, enabling seamless interactions and interoperability. Sun’s announcement on February 15 highlights TRON’s commitment to the future of blockchain
In its latest financial report, cryptocurrency exchange Coinbase disclosed its net income and adjusted EBITDA for the fourth quarter and full year of 2023. For Q4 2023, Coinbase reported a net income of $273 million and an adjusted EBITDA of $305 million. Over the course of the entire year, it recorded a net income of
After examining the current price trends of Cosmos (ATOM), it is evident that the sentiment in the crypto community remains mixed. Analysts have pointed out that ATOM has been trading within a tight range of $8-12 for over 3 months, while other coins in the market have experienced surges. The recent minor downtick has led
A significant milestone has been achieved in Iowa with the approval of House File 2519 by the Judiciary Committee. This digital asset bill is a progressive step towards integrating digital assets and electronic records into commercial transactions. The bill focuses on enhancing legal clarity and security in digital transactions to cater to the evolving digital
The Chief Investment Officer at Build Asset Management, Matt Dines, has recently identified a classical “Cup and Handle” pattern in the Bitcoin (BTC) price chart. This technical formation is viewed as a strong bullish signal by market analysts and traders. The pattern consists of a “Cup” shape followed by a “Handle” formation, and it has
Genesis Global, a leading digital asset trading firm, has received approval from the bankruptcy court to sell a substantial number of shares in Grayscale Bitcoin Trust (GBTC). This decision, made by U.S. Bankruptcy Judge Sean Lane during a court hearing in New York, grants Genesis the authority to liquidate its holdings, including Grayscale Ethereum Trust
Lamborghini, a brand synonymous with luxury and high-performance sports cars, has made a significant foray into the world of digital collectibles with its latest announcement. Teaming up with VeVe, a renowned digital marketplace, Lamborghini is set to launch an exclusive NFT car collection on February 18. This move represents a strategic shift towards embracing emerging