Author: NBTC
Observing the recent spikes in the GameFi sector, Bitget Gamefi Zone noticed the trading volume of the GameFi sector recording a 126% spike in the last 24 hours. Meanwhile, over the seven day period, the trading volume rose by more than 200%. It should be noted that these spikes were observed on March 10 at 11:30 PM UTC+8. The reason behind this massive surge could be due to a 48% increase in the number of daily traders over the past seven days. Bitget, a crypto exchange, also mentioned that GALA, YGG, and PIXEL were leading the GameFi sector weekly spike.…
Bitcoin continues to move in line with the ratio between the Nasdaq 100 Index and the S&P 500 Index. The persistent positive relationship suggests that the inflow of money into cryptocurrencies, an emerging technology, is linked to a positive outlook for technology stocks relative to the broader equity market. This bitcoin bull run stands out in several ways. For one, as Bloomberg’s Joe Weisenthal explained in Wednesday’s newsletter, the crypto community has been focused on market flows rather than narratives about how decentralized finance or Web3 will revolutionize traditional finance. Another factor that makes this rally stand out is that…
KuSwap NFT Marketplace has embarked on an initiative to introduce non-fungible tokens (NFTs) into the Horizen EON ecosystem, promising new opportunities for collectors and creators within the community. As part of this endeavor, KuSwap encourages users to mint the Horizen EON custom badge, a commemorative token symbolizing the integration. Toward a more dynamic KuSwap platform The KuSwap NFT Marketplace achieves a significant milestone by seamlessly integrating native NFT support for Horizen EON, establishing a dynamic platform for trading digital collectibles within the Horizen ecosystem. The platform stands out by providing artists more autonomy over their collections and allowing collectors to…
TON has unveiled a groundbreaking platform called TON Research. It serves as the primary research forum for the TON Blockchain ecosystem. Developers, fans, and researchers can now use TON Research’s in-depth research articles, development tools, code auditing, and more. These provide users with useful information and assistance. Introducing @ton_research, the go-to research forum for the TON Ecosystem, dedicated to exploring and advancing TON Blockchain! 💎Dive into the future of #TON with in-depth research, development tools, code auditing, and more. Join to explore and contribute to the TON… pic.twitter.com/D9mKB7Yhzl — TON 💎 (@ton_blockchain) March 6, 2024 Dr. Awesome Doge Initiates TON…
Crypto projects keep on launching and improving so that users can easily use cryptocurrency for several daily activities. Among all the crypto projects, NFT games have become increasingly popular over the past few years. And it is no wonder why. Users can win collectible digital assets by engaging in a fun activity that often surprises them with stunning graphics and impressive features. In this article, we will talk about how to play Axie Infinity, the most intriguing features of the game, and what you can win by playing it. But first, let’s find out precisely what Axie Infinity is. Crypto…
Based on historic precedence from Gold, the Bitcoin (BTC) price may never retest the $46,376 mark, as this marked the listing price for the spot Bitcoin ETF products. According to insights from Ki Young Ju, the Co-Founder of crypto analytics platform CryptoQuant, this $46,376 mark may be the eternal floor price of Bitcoin moving forward. He cited the case of Gold. Notably, the precious metal’s price in 2004 was around $444 when the Gold ETF (GLD) made its debut on the New York Stock Exchange (NYSE). Since then, the asset has not retested this price. #Bitcoin’s first spot ETF was…
NFT providers may need to be registered with the Financial Conduct Authority, the Treasury said in a consultation on money laundering regulations. NFTs are unlikely to be covered by the rules for financial services, which will have a separate authorization regime. The deadline for responses is June 9. Crypto businesses that issue non-fungible tokens (NFTs) in the U.K. rather than providing financial services will probably need to register with the Financial Conduct Authority even after the government introduces a new authorization regime for the industry, according to a consultation on money laundering issued by the Treasury on Monday. The government…
IOTA plays a proactive role in aligning with European Identity Wallet regulations, emphasizing the framework’s foundation for compliant Self-Sovereign Identity (SSI) solutions. Impierce Tech, in collaboration with IOTA and other stakeholders, unveiled the UniMe Digital Identity wallet, aimed at meeting European Identity Wallet regulations. Last week, the European Parliament approved the legislation around Digital Identity Wallets with IOTA being an active contributor to this. Jelle Millenaar, CEO of Impierce Tech, a company specializing in building atop the IOTA Identity framework, has unveiled significant progress in aligning with European Identity Wallet regulations. Millenaar emphasizes the proactive approach taken by the IOTA…
Studio369, the indie game developer behind Ethereum action game MetalCore, announced on Tuesday that it raised $5 million in new funding to launch the PC game on the Immutable zkEVM scaling network. And the team has big plans on the short-term horizon. MetalCore is currently planned to launch in open beta in May, letting anyone hop in and play the combination of mech suit combat and boots-on-the-ground shooting action. And if the planned timing works out, the game will also launch its token around the same time. Studio369 CEO Matt Candler and CTO Dan Nikolaides shared the plans in a…
The daily Bitcoin (BTC) whale activity has declined while the market weathers extremely greedy sentiment. According to data provided by Santiment, the number of whale transactions consisting of at least $100,000 worth of BTC declined by 17.5% in the past 24 hours — falling from 24,313 to 20,048 unique transactions per day. BTC price, whale activity, funding rate, open interest and RSI – March 7 | Source: Santiment The decline in whale activity comes as the Bitcoin price recorded a 0.6% drop over the past 24 hours. The flagship cryptocurrency is trading at $66,750 with a $1.31 trillion market cap…