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Showing posts from May, 2023

Bridging virtual and real economies with blockchain gaming — Interview with Gold Fever

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Exploring the integration of real-world economics within the virtual realms of blockchain gaming through commercial NFTs. The world is on the precipice of an exciting new era in gaming, which will see the incorporation of blockchain technology as a revolution in the space. With enhanced player ownership and the possibility of real-world economics within virtual realms, blockchain gaming is shifting paradigms and redefining possibilities. A key player in this exciting evolution is Emilian Ciocanea, a veteran entrepreneur and early blockchain investor. With over two decades in business and product management, Ciocanea has effectively tapped into emerging industries and created value-generating business models. Now, as the CEO and founder of Gold Fever, a truly player-owned project, he’s blending the worlds of gaming and blockchain. In this conversation, he shares his insights on the current and future state of blockchain gaming, and delves into the innovative use of NFTs within Gold Fev...

APE’s Price May Lose Another Major Support Level in the Next 24Hrs

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The price of ApeCoin (APE) experienced a 24-hour loss according to CoinMarketCap. This brought the price of the altcoin down to $3.12 at press time. In addition to this, the recent decrease in the crypto’s price had pushed APE down to a key support level, which, if broken in the next 2 days, could be catastrophic. APE / USDT 1D (Source: TradingView) From a technical perspective, APE’s price had been in a downward trend since the end of January this year. Since then, the altcoin had dropped from a high of $6.418 to its price at press time. Furthermore, the daily chart for APE/USDT showed that it was still in a bearish price channel, which may push the altcoin’s price down even more in the next few days. APE’s price had dropped below the key resistance level at $3.374 in the last week and had not been able to flip the level back into support in the days that followed. As a result, the crypto’s price was lingering slightly above the next major support level at $3.082 at pr...

Optimism Unleashed: Exploring the Potential Impact of Unlocking Millions of OP Tokens

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Join Our Telegram channel to stay up to date on breaking news coverage Millions of OP tokens are on the verge of being unlocked in Optimism, sparking an exploration into the potential impacts they may have.  This influx of tokens into the market could decrease the price of OP. Investors need to exercise caution and assess the possible ramifications of these developments on the token’s price dynamics. Optimism Unlocking 155 Million OP Tokens: Impact on Investors & Supply Optimism, a prominent Ethereum Layer-2 scaling solution, will undergo a significant increase in supply. Investors highly favor Optimism’s native governance token, OP, which has gained tremendous popularity. $OP will unlock 9% of total supply tomorrow (30th May) This will be first unlock for i) core contributors, and ii) investors Potential selling pressure will be ~$600m Will release a newsletter article on likely price impact this evening pic.twitter.com/VxbtFEYzgb — Unlocks C...

Top NFTs are Down 95%, But Holders Have Increased 90%, Why?

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Over the past year, the value of multiple popular non-fungible tokens (NFTs) has drastically decreased. The pattern corresponds to the falling value of metaverse assets in 2023. Metaverse assets were regarded as the best virtual lands for investment last year. The value of popular NFT projects including Doodles, Invisible Friends, Moonbirds, and Goblintown has decreased by up to 95%. Blue chip NFT collections alone have seen a value decline of over 40% on average. According to NFTGo data, the Blue Chip Index dropped from its high of 12,394 ETH in July 2022 to 7,446 ETH. Source: NFTgo Nonetheless, investors in non-fungibles are unconcerned by the ongoing value drop. Over the past year, blue chip NFT holders have increased by more than 90%. The number of sellers climbed by 32% during this period, whereas the number of buyers fell by 30%. Source: NFTgo Why is the number of NFT holders increasing? While some forecast a long and deeper decline in NFT pricing, some investors...

Data Shows 84% Require BTC Support to Vote a Presidential Candidate

In a recent tweet that sparked widespread interest in the crypto community, Michael Saylor, the prominent Bitcoin advocate and chairman of MicroStrategy, posed a thought-provoking question, asking crypto enthusiasts whether they would require presidential candidates to support their right to Bitcoin (BTC) investments and trading before earning their votes. The poll quickly gained traction, with a staggering 447.6k viewers and 31,200 votes, highlighting the growing significance of Bitcoin and the demand for its acknowledgment within the political landscape. Will you require any presidential candidate to support your right to #Bitcoin before they can earn your vote? — Michael Saylor️ (@saylor) May 27, 2023 The poll results showcased a significant groundswell of support for Bitcoin and its place in the political discourse. Out of the vast number of participants, a resounding 83.8% indicated that they would indeed require presidential candidates to espouse their righ...

Next Cryptocurrency to Explode Saturday, 27 May – Uniswap, Hedera, Kava

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Join Our Telegram channel to stay up to date on breaking news coverage It’s the weekend, and the crypto market continues on its winning streak. It has been on this path for most of the week. The period saw all categories of assets in the crypto and virtual reality space doing outstandingly well. Even very unpopular coins and assets caught the wind and enjoyed some attention.  The decentralized finance market is currently worth $1.82 billion over the last 24 hours. It also currently takes up 6.51% of the entire crypto market. Bitcoin dominance increased by 0.01% in the same period to hold 46.22% of the market. Investors also latched on to opportunities as the market fought out of the bear trend. Numerous assets got green due to an almost lavish outpour of resources. The idea is that investors are pushing the market ahead of an imminent bullish run. However, new and existing low-finance investors deviated their attention to newer coins. We mentioned some of these asset...

Binance Hints At Launching Cristiano Ronaldo Ad Campaign

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Also Read: Biden-McCarthy Debt Ceiling Deal To Finalize Today; PCE Inflation Rises To 4.7% advertisement This comes at a time when another top crypto exchange Coinbase is launching an advertisement campaign targeted at creating awareness on crypto, the technology. The US based exchange recently revealed plans to launch an ad campaign in Washington DC, in what could be a strategic plan to influence top government officials and lawmakers. Binance: Behind The Scenes With Cristiano Ronaldo The crypto exchange shared few pictures with the football star, saying that they are “working on something with Cristiano.” Sharing the pictures from the photo shoot, Binance said in a tweet, Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read ...

Binance Ceases AUD Trading Pairs For Bitcoin And Other Crypto

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Binance To Cease Crypto Trading on AUD Trading Pairs According to an official announcement on May 26, crypto exchange Binance will remove and cease trading on several spot trading pairs for several top crypto. These include Bitcoin, Ethereum, Dogecoin, XRP, Cardano, Solana, and MATIC. advertisement Binance to end support for ADA/AUD, AUD/BUSD, AUD/USDT, BNB/AUD, BTC/AUD, DOGE/AUD, ETH/AUD, GALA/AUD, MATIC/AUD, SOL/AUD, XRP/AUD from June 1 at 6:00 UTC. The exchange continues to cease trading against Australia n dollar (AUD). Binance will terminate its Trading Bots service for these pairs. However, users can continue to trade these top crypto against other trading pairs on the platform. On May 24, Binance removed 8 trading pairs against AUD, potentially starting to end the fiat support after recent challenges faced in Australia. Recommended Articles Crypto Pres...