Price analysis 10/29: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, SHIB, LUNA

Bitcoin (BTC) is still in a corrective phase but Ether (ETH) has attracted strong buying, which pushed it to a new all-time high on Oct. 29. The successful Altair Beacon chain upgrade seems to have boosted sentiment and it also paves way for the merge with the Ethereum mainnet and the change to proof-of-stake. Meanwhile, …

Play-To-Earn Project Good Games Guild Closes $1.7 Million Fundraising Round

October 29, 2021 – Jakarta, Indonesia Good Games Guild, the play-to-earn game hub, has closed its seed fundraising round collecting $1.7 million from a list of notable investors. Specifically, NGC led the round with OKEx Blockdream Ventures, Chromia, LD Capital, Basics Capital, Twin Apex Capital, Kyros Ventures, Titan Ventures, Mapleblock, Fomocraft Ventures, ExNetwork Capital, Master …

The Best Trade of All Time? Crypto Investor Put $8,000 Into Shiba Inu 400 Days Ago – This Is How Much It’s Now Worth

About 400 days ago, an anonymous crypto investor purchased about $8,000 worth of the memecoin Shiba Inu (SHIB). The return on that investment? The lucky trader’s SHIB is now worth more than $4.45 billion. ADVERTISEMENT   The business media company Morning Brew first reported on the jaw-dropping trade earlier this week, right as SHIB was …

Rally founders launch crypto venture studio backed by a16z partner

Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet.  On Friday, Kevin Chou and Mahesh Vellanki unveiled SuperLayer, a crypto venture studio building Web 3 projects directly on the Rally network, a …

The future of longevity lies with digital currency visionaries

The promise of a longer and healthier life has dominated both cultural and medical discourse for centuries. From the first accounts of Nicolas Flamel’s philosopher’s stone granting immortality to the latest superfood that promised to reverse aging, we are captivated by the idea of a longer and more vibrant life. Encouragingly, the longevity sector has …

Ubisoft will seek to invest in and create blockchain games

Ubisoft, one of the world’s largest video game companies — responsible for creating popular franchise games such as Assassin’s Creed, Far Cry and For Honor — hosted its Q2 earnings call this week, where blockchain was a key topic of discussion. Alongside reporting a 15% increase in unique active players in the first half of …

Finance Redefined: Near’s $800M fund, Miami embraces crypto, Oct. 22–29

Welcome to the latest edition of Cointelegraph’s decentralized finance (DeFi) newsletter. The DeFi space was full of fundraising this week. Read on to discover where the venture capital firm led by Reddit’s co-founder is making notable investments. What you’re about to read is the smaller version of this newsletter. For the full breakdown of DeFi’s …

Ethereum Rolls Out Altair Upgrade – Here’s What It Means for Traders, According to Blockchain Researcher

The head of research at blockchain analytics firm IntoTheBlock is giving his perspective on what the brand new Ethereum (ETH) upgrade will mean for crypto traders. In part two of his in-depth analysis on the transition to Ethereum 2.0, blockchain researcher Lucas Outumuro shares his thoughts on Ethereum’s Altair upgrade that officially launched on October …

Users unable to sell Squid Game token clocking 45,000% gains

A new token, Squid Game (SQUID), inspired by the eponymous Netflix show, has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token. “We have received multiple reports that the users are not able to sell this token in Pancakeswap. Please exercise caution while trading,” …

Axie Infinity, Decentraland and ‘metaverse’ cryptos rally after Facebook rebrands to Meta

Facebook’s decision on Oct. 28 to rebrand itself to Meta — to indicate its plans to build an avatar-filled metaverse — helped spark a speculative rally across cryptocurrencies that belong to similar virtual world projects. Decentraland, a virtual place with its own economy, currency (MANA) and social events — accessible to anyone with a web browser — saw …

Major Russian bank explores crypto investment amid strong demand

Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. Tinkoff Investments head Dmitry Panchenko claimed that the bank’s brokerage portal is considering projects related to cryptocurrency investment, but it’s too early to discuss specific ideas. The …

Huobi closes crypto derivatives as part of wind-down for Chinese traders

Major cryptocurrency exchange Huobi ended futures and other derivatives trading in mainland China on Friday, as planned. Earlier this month, the cryptocurrency exchange announced on its website that it would settle all futures contracts and other derivatives activities for all Chinese consumers on Friday as part of the larger plan to cease operations in the …

These Five Altcoins Are Ready for Explosive Moves in November, Says Crypto Trader Aaron Arnold

Crypto trader Aaron Arnold is naming his top altcoin picks for the month of November. In a new YouTube video, the Altcoin Daily host says he anticipates Polygon (MATIC) to surge as companies like Twitter work on projects that require Ethereum layer-2 scaling solutions. ADVERTISEMENT   “Polygon is breaking out, targeting new record highs. MATIC looks …

Biggest Bitcoin fund in the world could become ETF by July as GBTC nears $40B AUM

Grayscale could launch its Bitcoin (BTC) exchange-traded fund (ETF) as soon as July 2022, one of its executives has said. Speaking at a virtual event organized by MarketWatch on Oct. 27, Grayscale global head of ETFs David LaValle gave a nine-month timeline for approval by United States regulators. Grayscale: Now’s the time to file for …

Australian securities regulator issues guidelines for crypto ETPs

The Australia Securities and Investments Commission (ASIC) has issued its response to public consultation on cryptocurrency exchange-traded products (ETPs) alongside fresh industry guidance. On Oct. 29, the regulator released a set of regulatory requirements for funds looking to offer crypto ETPs, including exchange-traded funds (ETFs) and structured products, following months of industry consultation initiated in late …

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