Author: NBTC

In previous years, the name Polkadot was rarely mentioned in the same breath as the dedicated chains that have sprung up to cater for the demands of GameFi. But quietly, web3 gaming has begun to flourish on Polkadot’s Substrate-based family of chains. Leading the charge is Mythical Games, which is flying the flag for GameFi on Polkadot and beyond. Gaming on a General Purpose Chain While gaming was always envisaged as one of the use cases for Polkadot, it was typically cited alongside more established use cases such as DeFi and enterprise applications. Today, Polkadot is used for all these…

FTX, the bankrupt cryptocurrency exchange, is set to seek court approval to proceed with a proposed liquidation plan aimed at repaying customers in cash. The plan faces opposition from some customers who argue they are entitled to higher repayments. FTX, which filed for bankruptcy in November 2022, claims it has recovered up to $16 billion to settle customer claims, including over $12 billion in cash. The company asserts its intention to fully repay all customer claims, a stance it will present before U.S. Bankruptcy Judge John Dorsey in Wilmington, Delaware, on Tuesday. However, dissenting customers dispute FTX’s repayment strategy, contending…

A crypto strategist who accurately timed the most recent Bitcoin correction is unveiling the timeline for the next BTC parabolic move. Pseudonymous analyst Rekt Capital tells his 470,400 followers on the social media platform X that Bitcoin has entered the post-halving reaccumulation phase and may be months away from witnessing another steep upside move based on historical data. “In 2020, Bitcoin performed a -19% retrace around the Halving. And then consolidated for 160 days after the Halving before breaking out into the Parabolic Phase of the cycle (green). In 2024, Bitcoin retraced almost -24% around the Halving. And if history…

Ethereum ETFs could attract up to $15 billion in net flows by 2025, says Bitwise CIO. Low outflows in Ethereum Foundation wallets suggest bull cycle is yet to reach its peak. Ethereum traders are gradually turning bullish again following slight increase in ETH Taker Buyer Ratio. Ethereum (ETH) is up more than 3% on Tuesday following predictions of ETH ETF inflows from Bitwise and VanEck filing a draft that allows its ETF to begin trading immediately if the Securities & Exchange Commission (SEC) approves it. Daily digest market movers: $15 billion net flows, Form 8-A, Ethereum Foundation In a recent…

TLDR Rebel Satoshi (RECQ) presents a lucrative investment opportunity that could bring substantial returns for new investors. Following the recent price upswing, analysts predict that PEPE will rise to $0.00001745 before the end of July. Top experts believe that the price of Shiba Inu (SHIB) could surge to $0.0000311 by early July. PEPE has seen a slowdown of its price surge in the past few days, contrary to predictions of a strong rally in the crypto market. On the other hand, experts are bearish over Shiba Inu’s (SHIB) performance this month. Meanwhile, Rebel Satoshi’s (RECQ) ambitious strategy has led to…

Securities and Exchange Commission (SEC) Chair Gary Gensler on Tuesday refused to comment on the upcoming U.S. presidential election or crypto’s potential impact on it. “I don’t speak about elections,” he said while speaking at the Bloomberg Invest Summit, when asked about the intersection of cryptocurrency and politics. He was addressing questions about former President Donald Trump’s increasing support for cryptocurrencies and criticism of his agency from figures like Mark Cuban. On the topic of the much-anticipated Ethereum spot ETFs, Gensler also provided an update. “We actually went live last year with an Ethereum futures ETF,” he noted, before addressing…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Mainstream gaming is ripe for direct community involvement, and web3 governance through decentralized autonomous organizations, or DAOs, is the way to solve this. Consider the controversy surrounding Helldivers 2 and its eventual resolution. You might also like: AI will save web3 gaming’s competitive landscape | Opinion Helldivers 2 is the biggest hit of the year in gaming so far. The cooperative third-person shooter was launched on Steam and Sony PlayStation by ArrowHead Studios, a relatively unknown indie…

The flow of Shiba Inu to centralized exchanges has significantly cooled off in the last few hours, coinciding with a 1.6% gain in the price of SHIB today. Shiba Inu Net Flow To Exchanges Falls According to on-chain data from CryptoQuant, crypto exchanges had received approximately 196 billion SHIB tokens at press time. This figure contrasts with the 2.3 trillion SHIB tokens deposited to exchanges yesterday, June 24. Meanwhile, a more considerable 293 billion SHIB tokens have been withdrawn from exchanges today. Reconciling the inflows and outflows reduces Shiba Inu’s net flow to exchanges to negative 95 billion tokens. Notably,…

Yesterday both the Bitcoin price and the forecasts on its price have become positive. Indeed, the market value of BTC has returned above $70,000, something that had not happened since before the halving on April 20th. The jump in the quotation and the new forecasts on the price of Bitcoin The news about ETFs The forecasts on the new quotation of Bitcoin The medium term The long term The jump in the quotation and the new forecasts on the price of Bitcoin Yesterday morning the price of Bitcoin was around $67,000. It was a level absolutely in line with that…

Much like many other prominent cryptocurrencies, Ethereum (ETH) has been offering a relatively strong overall performance since the start of 2024, but has been struggling since in the last 30 days of trading. Indeed, though ETH is up nearly 50% since January 1 and, having crossed above $4,000 in March, though it managed to reach highs not seen in years, the last month saw a decline of approximately 11%. Nonetheless, given that June 25 saw another turning of the tide with numerous cryptocurrencies beginning to reverse the downtrend, Finbold decided to consult several of the leading artificial intelligence (AI) platforms…