Samsung has recently announced its partnership with Illuvium at Gamescom 2024, with the aim of transforming home entertainment by integrating Web3 technology. This collaboration is set to bring the Illuvium gaming world directly to living rooms through Samsung’s innovative Web3 TVs, allowing players to immerse themselves in the three core games – Overworld, Arena, and
Bitfarms, a Toronto-based Bitcoin mining company, reported a total revenue of $42 million in the second quarter of 2024. However, this marked a 16% decline quarter-over-quarter. The reduction in block rewards resulting from the BTC halving event on April 19, 2024, is seen as the primary reason for this decrease. Increased Net Losses The company
Santiment recently released a list of the top 10 digital assets based on notable development activity in the last 30 days. Topping the list is Internet Computer (ICP) with an overall score of 570.1, making it the top digital asset for development activity. With a market capitalization of nearly $3.5 billion, ICP has become the
Over the weekend, Bitcoin’s price movements have calmed down significantly, with the asset hovering around $61,000. This stability comes after a period of intense volatility that saw the cryptocurrency plummet from $66,000 to $49,500 within a few days. While Bitcoin managed to recover some ground and briefly surged to almost $63,000, it retraced back slightly,
CoinShares, a prominent European investment company, showcased remarkable performance in the second quarter of 2024. The company reported a significant increase in revenue compared to the same period in 2023, with a revenue of £22.5 million ($28.5 million) reflecting a staggering 110% year-over-year growth. This growth is particularly noteworthy, indicating the company’s strong position in
The recent appearance of the death cross indicator on Bitcoin’s chart has sparked concerns within the cryptocurrency community. Analyst Benjamin Cowen emphasized the importance of the $62,000 price level as a crucial point for Bitcoin to avoid a potential price crash. The death cross indicator, which occurs when the 50-day moving average drops below the
Gemini co-founder Tyler Winklevoss recently took to X to express his disapproval of Vice President Kamala Harris’ supposed “reset” of her crypto stance, labeling it as a “scam”. This critique follows Winklevoss’ previous criticism of Harris for skipping a roundtable discussion with crypto leaders. In his post, Winklevoss specifically pointed out the Federal Reserve’s enforcement
In the past week, the spot Bitcoin ETFs experienced a rollercoaster of inflows and outflows. The week began on a negative note with nearly $240 million leaving the eleven funds. The trend continued as $168.4 million was withdrawn in the following days. Grayscale’s GBTC, Ark Invest’s ARKB, and Fidelity’s FBTC were among the top funds
In a world where financial success often seems out of reach for many, investing in cryptocurrencies like Bitcoin has offered a glimmer of hope for those looking to secure their financial future. According to Berkshire’s Charlie Munger, reaching $100,000 in investments might seem daunting, but it is an essential milestone that everyone should strive to
Semilore Faleti is a talented cryptocurrency writer who has made a name for himself in the field of journalism and content creation. With a specialized focus on blockchain technology and digital assets, Semilore has demonstrated a deep understanding of the complexities and intricacies of the cryptocurrency space. His dedication to educating and informing his audience
