In a groundbreaking move, Double Jump.Tokyo, a prominent blockchain application developer in Japan, has recently announced a strategic partnership with gaming giant Ubisoft. This collaboration is set to revolutionize the gaming industry by merging traditional gameplay with the innovative web3 integration. The partnership aims to introduce a new era of gaming experiences for players in
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The recent plummet in the Bitcoin price has left many investors shocked, with a significant 7.8% drop occurring in just the past 24 hours. A key factor behind this dramatic fall is the impending distribution of 142,000 BTC by the defunct crypto exchange Mt. Gox. This distribution, representing 0.68% of the total Bitcoin supply, has
In the past 24 hours, the cryptocurrency market has experienced a significant downturn, with the total market capitalization dropping to $2.07 trillion, marking an 8.6% decline. One of the major casualties of this market correction is Bitcoin, the leading cryptocurrency, which saw its price fall below $54,000 for the first time since February. This sharp
The asset management firm Bitwise has recently made amendments to its S-1 registration with the SEC in order to list and trade shares of a spot Ether exchange-traded fund (ETF). This move comes in response to SEC Chair Gary Gensler’s statement regarding the potential approval of spot Ether ETFs by summer 2024. While some analysts
In the midst of the ongoing turbulence in the cryptocurrency market, Ethereum (ETH) has not been immune to the bloodbath. With a significant 9% price decline over the past week, ETH is now hovering around the $3,130 mark. This has raised concerns among market participants, who are closely monitoring the situation for potential further declines.
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. Starting as a web3 content writer, journalist, and aspiring trader, Edyme has carved a niche for himself in the crypto universe. Despite facing setbacks early on, such as falling victim to a Ponzi scheme, Edyme persisted and used his experiences
The Financial Supervisory Service (FSS) in South Korea has announced plans to tighten oversight of crypto trading platforms under its jurisdiction in order to eliminate fraudulent transactions. This move comes as part of a broader effort to enhance consumer protection and market stability in the crypto sector. The regulator has outlined the need for local
BitMEX recently introduced a new product called the MEMEMEXTUSDT Basket Index Perpetual Swap Contract. This offering is specifically designed to cater to traders who are interested in gaining exposure to various meme coins in the market. Described as the “S&P500 for crypto meme coins,” this contract allows traders to speculate on the performance of popular
The recent crash in the crypto market has left traders in a state of panic, with Bitcoin and altcoins experiencing a significant drop in value. As Bitcoin continues to fall from one support level to another, the losses are piling up for traders. In just the last 24 hours, tens of thousands of traders have
The Bitcoin network is currently displaying signs of miner capitulation. This phase is characterized by miners either ceasing their operations or selling off a portion of their Bitcoin reserves. Interestingly, historical data suggests that such a scenario often precedes a bottoming out of Bitcoin prices, ultimately leading to a subsequent uptrend in the asset’s value.