The anticipation is palpable in the mobile gaming community as the release of Rebel Skies, a new game developed by Faraway Games, approaches. Combining elements of action, real-time strategy (RTS), and deck building, Rebel Skies aims to revolutionize the mobile gaming landscape. With its innovative blend of traditional mobile gaming and blockchain technology, the game
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Bitcoin, the leading cryptocurrency, has disappointed investors and enthusiasts with its recent price volatility. Despite initial hopes for a steady price increase and a strong bull run, Bitcoin has struggled to maintain its value, falling below the $60,000 threshold. The prolonged bearish performance of Bitcoin has raised concerns among analysts, with some predicting a potential
The Ethereum market is currently experiencing a shift, with rising exchange reserves indicating a potential new distribution phase. CryptoQuant’s Ethereum Exchange Reserve metric, which tracks the amount of ETH held in exchange wallets, has shown an increase in recent times. This could be a sign that traders are moving their ETH onto exchanges in preparation
The crypto market has been experiencing a lackluster performance recently, with a noticeable decline in whale activity across major assets such as Bitcoin and Ethereum. According to a recent analysis by Santiment, the number of transactions valued at over $100k has significantly dropped. For instance, during the active period of March 13-19, Bitcoin recorded 115.1k
Digital asset securities have been gaining traction in the financial industry, presenting unique challenges for regulators like the US Securities and Exchange Commission (SEC). In a recent address at the Korea Blockchain Week 2024 event, SEC Commissioner Mark T. Uyeda called for the development of specialized S-1 registration forms tailored specifically for digital asset securities.
Binance CEO, Richard Teng, has recently spoken out against the Nigerian government’s treatment of Tigran Gambaryan, an American executive of the exchange who has been detained since February. Teng condemned the harsh actions taken against Gambaryan in a post on X, emphasizing the need for him to be allowed to go home for medical treatment
The Open Network (TON) and its native token have been encountering a series of challenges recently, with the most recent incident involving a drastic price drop of more than 90% in just a matter of minutes on CoinMarketCap. This sharp decline, as depicted in the graph, saw TON’s price plummet from $5.2 to approximately $0.3.
Recently, the crypto analyst known as the ‘Titan of Crypto’ revealed a unique technical pattern to his 90,000 followers. A golden cross is forming between the 100-day moving average and the 200-day moving average, a pattern that has never been seen before in the market. Typically, a golden cross indicates a bullish long-term trend reversal,
Ethereum’s price action has left many traders disappointed in recent months, with a significant underperformance compared to expectations. The current bearish trend has seen the price of Ethereum drop by 23% over a 30-day period, much to the dismay of investors who were hoping for a bullish surge post the launch of Spot Ethereum ETFs.
The recent filing by the US Securities and Exchange Commission (SEC) regarding FTX’s bankruptcy repayment strategy has raised significant concerns within the cryptocurrency industry. The plan to repay creditors using stablecoins or other digital assets has sparked a debate over its legality under federal securities laws. The SEC’s filing has cast a shadow of uncertainty