Binance, one of the leading cryptocurrency exchanges, is set to launch a new staking campaign through its Launchpool feature. This time, the rewards will be in the form of up to 350 million PIXEL tokens, which will be distributed to participants in anticipation of the live launch of the Ronin gaming token later this month.
Sky Mavis, the creator of the renowned play-to-earn NFT game Axie Infinity, has recently unveiled a thrilling collaboration with GMonsters, a Japan-based game development team, and MIXI, a prominent mobile game publisher. This partnership aims to bring titles from MIXI’s Fight League franchise to the Ronin blockchain, expanding the network’s reach and potential even further.
Prometheum, a cryptocurrency trading platform for securities assets, has recently launched its custodial services for Ethereum (ETH), a move that could have profound implications for the legal status of the second-largest cryptocurrency by market capitalization. By positioning itself as a compliant player in the crypto industry, Prometheum aims to compel regulators, particularly the Securities and
The Ethereum ecosystem has witnessed a remarkable surge in staking activity, despite the lackluster performance of the ETH price over the past year. Among the liquid staking protocols, one platform that stands out is Lido Finance, which has experienced a consistent increase in the amount of ETH being staked. Consequently, the total supply of staked
The Ethereum price has broken past the $2,400 barrier in the past day, signaling a potentially bullish trend for the cryptocurrency. This observation is based on the analysis of the exchange netflow indicator, which tracks the net amount of Ethereum entering or exiting centralized exchanges’ wallets. By subtracting the outflows from the inflows, this metric
In a recent interview, Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, shared his predictions for the future prices of Bitcoin and Cardano. However, upon careful analysis of his statements, it becomes clear that there are certain flaws in his reasoning and assumptions. This article aims to critically evaluate Dunleavy’s predictions and
In the past 24 hours, the AI crypto project Bittensor token has experienced a significant drop of -17%, leaving TAO holders in a state of panic. The question on everyone’s minds is whether Bittensor is going to crash. To uncover the truth behind this price movement, let’s delve into a detailed analysis of TAO’s current
Cardano’s price has been experiencing fluctuations, starting off Tuesday at $0.50 and hovering within the convergence zone between two 60-day trend lines. Key support is currently observed at $0.50. Interestingly, ADA tokens have been displaying some fascinating market signals. The Ethereum competitor and blue-chip cryptocurrency show signs of a falling wedge pattern and a surge
Bitcoin (BTC) has once again defied the bearish whispers and burst back to life, soaring past the $44,000 mark and reaching a four-week high. This impressive bullish charge can be attributed to a combination of factors that have reignited investor interest in the top cryptocurrency. From a resurgence in accumulation by major investors to record-breaking
The Bank for International Settlements (BIS) has recently released a comprehensive report that raises concerns about the future of the metaverse and the potential dominance of private corporations within this emerging digital ecosystem. The report highlights the need for strategic oversight, equitable access, data privacy, and consumer protections to ensure the metaverse’s promise of revolutionizing