Author: NBTC
While investors are trying to cope with the downward trend that has been going on for more than a month, Bitcoin is trying to withstand the German government’s sales. At this point, while analysts generally predict that the bottom may have come in Bitcoin or may come as soon as possible, an assessment came from Singapore-based crypto company QCP Capital. Analysts stated that the market initially faltered in the face of Mt.Gox and the German government’s Bitcoin sales, but then quickly recovered, listing the bullish signals. At this point, he showed spot Bitcoin ETF entries as the first signal. Stating…
Avant Protocol is set to launch on Avalanche and will offer a platform for yield generation, reshaping DeFi in the crypto space. AVAX has recovered in the past 24 hours to post a 5% gain after losing nearly 20% last month, with longer-term holders increasing their positions. The Avalanche ecosystem continues to grow aggressively—in the past week, its total value locked (TVL) has shot up 10% to hit $816 million. Avant Protocol, the latest DeFi project on Avalanche, is hoping to capitalize on this growth to offer the best platform for yield generation. Avant was unveiled last week and is…
CHZ, the native token of the Chiliz blockchain, which powers sports token fan creator Socios.com, surges as the UEFA football championship nears. The token doubled in value in the months before the 2022 FIFA World Cup, only to slide later. 10X Research expects the FIFA scenario to repeat itself. A cryptocurrency, representing an intersection of blockchain and sports, has recently emerged as a source of excitement to crypto markets as major digital assets trade listless. CHZ, the native token of the Chiliz blockchain (CHZ), which powers the largest sports fan token creator platform, Socios.com, has risen 25% in seven days,…
A federal judge declared XRP is not a security, benefiting Ripple and the entire U.S. crypto industry. The ruling removes uncertainty, making XRP more attractive to institutional investors and banks. Analysts predict increased investment in Ripple due to legal clarity, potentially driving up demand and liquidity. Ripple has won the lawsuit against the U.S. Securities and Exchange Commission (SEC), solidifying XRP’s status as a non-security. This landmark ruling not only benefits Ripple but also sets a precedent for the entire U.S. crypto industry. The Court’s Decision On July 13, 2024, a federal judge definitively declared that XRP does not violate…
Axie Infinity introduces the Homeland Avatar Mode, a new feature that allows players to navigate the Homeland map with their NFT Axie avatars. This mode lets players visit neighboring plots, gather in four starter villages, and chat with fellow Lunacians. Whether you own land or not, if you have an Axie, you can participate in this exciting new experience. Homeland Avatar Mode is Coming!Lunacians, you will soon explore Lunacia with our very own Avatar axies.✨ Avatar Mode is accessible to everyone, whether you own land or not.🔎 Roam the land, visit plots, hangout in starter villages, and chat with fellow…
Payment card giant Visa is expanding its collaboration with Wirex towards enhancing the adoption of Web 3 payments across the UK and the European Economic Area. By integrating Visa cards and reducing payment friction, this partnership promises reliable payment services through Visa’s payment network. According to the official announcement, central to the partnership is the introduction of Wirex Pay, a modular Zero Knowledge (ZK) payment chain. Wirex Pay aims to simplify how users manage and spend cryptocurrencies and traditional currencies by providing a way to handle funds. This product reportedly enhances payments by enabling transactions between blockchain technology and traditional…
According to a recent update from the Whale Alert service, a dormant address containing 24 Bitcoins ($1.4 million) has been activated for the first time in more than 11 years. This is already the second ancient address that has sprung back to life within the last 24 hours. Two hours ago, Whale Alert spotted an address containing $8.6 million worth of Bitcoin that was activated after more than 10 years of dormancy. Similar addresses also woke up on July 8 and July 6 with $2.7 million and $8.1 million worth of Bitcoin, respectively. Overall, Whale Alert has already recorded 10…
Ubisoft, the storied video game publisher behind the Assassin’s Creed and Just Dance franchises, is rolling out a free NFT mint this week for its first original blockchain-based game, Champions Tactics: Grimoria Chronicles. Set to take place on Oasys, a gaming-centric network, the mint will let players collect a total of 75,000 in-game champion figurines. It will be a completely free mint with no gas fees for users, though holders of the existing Warlords NFTs will get first dibs and can claim more champions. The first phase of the mint will begin Monday, as holders of the game’s Warlords profile…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. In April 2023, the European Union rolled out a comprehensive piece of legislation to finally reign in the crypto and blockchain industry. The Markets in Crypto-Assets Regulation (MiCA) is a bold and pioneering initiative aimed at applying a unified regulatory framework to the industry and establishing clearer laws for crypto asset service providers and token issuers. You might also like: Cryptocurrency after the European Union’s MiCA regulation | Opinion Viewed as a milestone in the crypto regulatory…
Animoca Brands subsidiary Eden Games announced Monday that it is developing Cosmic Royale, a new blockchain-based kart racing game connected to the Animoca-centric Mocaverse on-chain identity and community platform. Set to launch in the fourth quarter this year, the Mario Kart-inspired racing game will also be part of Animoca’s Motorverse gaming ecosystem, which includes titles such as Torque Drift 2, REVV Racing, and MotoGP Ignition. Cosmic Royale features 40-player matches with multiple racing rounds and a survival-themed finale. The game will serve as the pilot gaming experience for Cosmic Club, Mocaverse’s new social gamification platform. The initial trailer shows avatars…