Are P2E a sustainable way to profitability? The quick answer, in general, is no, but there are exceptions. The specifics of each game and its underlying game economy will determine this. In this article, we explain what is needed for a P2E game to be financially viable below. If these conditions aren’t met, you’re most …
Continue reading “Play-to-Earn (P2E) games: pyramid schemes or real opportunities?”
Bitcoin (BTC) faces another week of “huge” macro announcements after the lowest weekly close since July. After days of losses following the latest inflation data from the United States, BTC/USD, like altcoins and risk assets more broadly, has failed to recover. The largest cryptocurrency has yet to flip $20,000 to convincing support, and as the …
Continue reading “Biggest Fed rate hike in 40 years? 5 things to know in Bitcoin this week”
Widespread adoption of Web3 mayeventually become a reality but Trust Wallet CEO Eowyn Chen foresees three main barriers standing in the way of mass adoption. During the Australian Crypto Convention on Sept. 18, Chen outlined how security, ease of use, identity, and privacy were all vital aspects to address for growth in the Web3 industry. …
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The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an immediate ruling on whether Ripple’s XRP sales violated U.S. securities laws. In separate motions filed on Sept. 17 by Ripple and the SEC, both have called for a summary judgment in the U.S. District Court …
Continue reading “Ripple, SEC case heads for conclusion after ‘summary judgment’ filed”
Since bottoming at $17,700 on June 18, Bitcoin has been trading within a relatively tight band, with $25,100 marking the upper limit of this channel. Although the past week or so saw BTC print six consecutive daily green closes, higher-than-expected CPI inflation data, released on September 13, ended the upward momentum. On that day, BTC …
Continue reading “Research: Bitcoin traders willing to go long but sentiment remains firmly bearish”
While the number of new users entering GameFi has dropped precipitously, the average number of transactions per user is increasing steadily. Therefore, with the users in the market today more likely to be actively gaming, GameFi data from August can help us understand which projects and ecosystems are sustainable in the long run. Splinterlands and …
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio. …
Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say Do Kwon Isn’t in Singapore …
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes law. The regulator claims to have the right experience and expertise and believes that “Many digital assets constitute commodities.” Meanwhile, SEC Chairman Gary Gensler has …
During the last 35 days, ethereum has lost a significant amount of market dominance leading up to The Merge. On August 14, 2022, the second leading crypto asset by market capitalization, ethereum, had a market dominance of around 19.5% but three days after the transition to proof-of-stake (PoS), it’s down 13% lower to 16.8%. In …
Japanese gaming giants are positioning for mainstream blockchain game adoption, and will not be swayed by the section of gamers that are against crypto and nonfungible tokens (NFTs), an exec from the Oasys blockchain project told Cointelegraph. Speaking to Cointelegraph at the 2022 Tokyo Games Show last week, Oasys Representative Director Ryo Matsubara emphasized that …
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Solana price has been volatile over the last week, with no significant change in the last 24 hours. In the last week, SOL fell by 6%. At the moment, the Solana price is neither swaying towards the bullish zone nor the bearish territory. The technical outlook for the altcoin has flashed mixed signals. Broader market …
Continue reading “Solana Price Trades Laterally, What Could Be The Next Level?”
ApeCoin has had a long and complex history. When it was first released on March 17, it was immediately put to the test by the same market forces that were responsible for the general crypto market’s slump. The coin’s price has broken through the resistance of a head-and-shoulders pattern, rising to a new all-time high …
Continue reading “ApeCoin (APE) Shows Signs Of Recovery, But Mini-Rally Could Be Short-Lived”
Stellar (XLM) has seen a stunning turnaround after the recent market downturn. However, following the announcement of the CPI report and corresponding fears of an interest rate hike, a sell-off ensued. The Donchian channel indicates that the average price of XLM is $0.1076 as of this writing. After a drop, the Awesome Indicator also gives …
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The MANA relative strength index has shown growth which signals an increase in buying activity. New developments, partnerships in Decentraland contribute to price spike Decentraland social mentions amplified by 89.07% MANA price up by 1.04% There are so many exciting developments happening for …
Continue reading “MANA Under Sideways Motion In The Last 4 Months”
