Traders in the crypto realm have been closely monitoring the price of Chainlink (LINK) as it hovers near the $16 mark. There is speculation that a breakout towards $17 or even $20 may be imminent, depending on the prevailing market conditions this week. LINK has been showing classic market cycle behavior, consolidating between $13.00 and
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Nike, the sportswear giant, is revolutionizing the world of gaming with its latest venture into digital wearables. Introducing their new line, “Nike In-Game Wearables,” Nike aims to bridge the gap between virtual and physical products, adding a unique value proposition to their offerings. The integration of these two worlds not only enhances the appeal of
The latest research report by Coinbase Research and Glassnode suggests that Bitcoin (BTC) and Ethereum (ETH) are following a pattern similar to previous years, during which their prices surged significantly. This observation draws parallels between the ongoing crypto market cycle and the period from 2018 to 2022. Analysts highlight cyclicality metrics, such as net unrealized
1inch, the popular decentralized exchange (DEX) aggregator, witnessed a remarkable surge in volumes and market dominance in the fourth quarter of last year. This surge was accompanied by a broader market resurgence, indicating increased adoption and trust from users. In this article, we will analyze the factors that contributed to 1inch’s success and examine its
Anthony Scaramucci, the founder and CEO of SkyBridge Capital, a prominent alternative asset management firm, has made a bold prediction about the future of Bitcoin (BTC). He anticipates that BTC will reach its all-time high before 2024 concludes. Scaramucci’s prediction comes on the heels of the United States Securities and Exchange Commission’s (SEC) recent approval
In a remarkable turn of events, Ethereum has managed to outshine Bitcoin with an impressive 14% surge in just two weeks. This surge has propelled the digital currency past a key psychological barrier, surpassing $2,600 for the first time since May 2022. The breach of this significant level not only confirms Ethereum’s ongoing uptrend but
The recent approval of spot Bitcoin ETFs by the US Securities and Exchange Commission (SEC) marks a significant moment in the history of US trading. This development signals a growing institutional interest in Bitcoin and has already led to substantial inflows and trading volume in the first week of trading. Despite a slight dip in
The dApp industry has experienced astonishing growth, as highlighted in DappRadar’s recently published 2023 Industry Report. This comprehensive report offers valuable insights into the thriving landscape of NFTs, DeFi, and blockchain gaming. With a 124% year-over-year increase in Unique Active Wallets (UAW), it is evident that the dApp sector is evolving rapidly. One of the
Crypto analyst Ali Martinez recently analyzed Solana’s price movement and suggested that the cryptocurrency could potentially rise to as high as $150 in the near future. Martinez pointed out the breakout of a bull flag pattern on the 4-hour chart and stated that if SOL managed to close above $106, it could trigger a rally
Blockchain games have captured the attention of the gaming industry, promising decentralized ownership and true digital scarcity. However, a closer look reveals a concerning trend of discontinuation and abandonment. According to the Big Blockchain Game List, more than 30% of blockchain games announced in 2023 have been reported as discontinued or canceled. This article delves
