Prometheum, an “alternative” trading platform for crypto “securities” assets, has recently made headlines with the launch of its custodial services for Ethereum (ETH). This move has significant implications for the legal status of the second-largest cryptocurrency by market capitalization. Fortune Magazine reported that Prometheum’s strategy is to compel regulators, particularly the Securities and Exchange Commission
Sky Mavis, the creator of Axie Infinity, has recently announced an exciting collaboration with GMonsters and mobile game publisher MIXI, which will bring titles from MIXI’s Fight League franchise to the Ronin blockchain. The Ronin blockchain, specifically designed for games, has gained popularity and attracted third-party games like Pixels, The Machines Arena, and Zoids Wild
Despite the underperformance of the Ethereum (ETH) price over the past year, there has been a significant uptick in Ethereum staking. The emergence of liquid staking protocols like Lido Finance has played a key role in driving the surge of ETH being staked. As a result of this growing interest, the total percentage of ETH
Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently shared his insights on the future price of Bitcoin and Cardano. Dunleavy believes that Bitcoin will hit $100,000 in the near future. In an interview with Scott Melker, he attributed this prediction to the Bitcoin Halving event. According to Dunleavy, historical data shows
On-chain data analysis can provide valuable insights into the market trends and investor sentiment surrounding cryptocurrencies. In the case of Ethereum, an Ethereum metric is showing a bullish signal as the price breaks past the $2,400 barrier. This article will delve into the relationship between the Ethereum price and the exchange netflow indicator, and explore
In the past 24 hours, the AI crypto project Bittensor token has experienced a significant drop of -17%. This has caused panic among TAO holders who are now questioning whether Bittensor is on the verge of crashing. To determine the potential outcome, a thorough analysis of TAO’s current price trends is essential. Additionally, the article
The digital currency market experienced a significant shift on Wednesday, as Bitcoin (BTC) surged past $44,000, reaching a four-week high and edging closer to the coveted $45K mark. This bullish charge was attributed to a combination of factors, including a renewed interest from major investors, remarkable growth in US equity markets, and an unexpected regulatory
Amidst the volatile cryptocurrency market, Cardano’s price has been exhibiting some interesting market signals. The Ethereum competitor and blue chip cryptocurrency is currently demonstrating a falling wedge pattern and a surge in trading volume. Since a major rally in December, where Cardano’s price climbed from $0.38 to $0.67, the digital asset has managed to hold
Los Angeles-based video game developer, Space Nation, has been generating significant buzz with its upcoming massively multiplayer online (MMO) game. Founded in 2019, Jerome Wu and Tony Tang, both with extensive backgrounds in the gaming industry, have been working tirelessly to create an immersive MMO game like no other. Space Nation’s flagship game, Space Nation
The Bank for International Settlements (BIS) has recently released a comprehensive report that sheds light on the potential risks and concerns surrounding the metaverse, a virtual digital ecosystem that has garnered significant attention in recent years. This article aims to analyze the report and delve into the challenges and opportunities that lie ahead for the
