The recent Bitcoin halving event has been eagerly awaited by many in the cryptocurrency community. This event, which occurs every four years, has a profound effect on the crypto market as a whole. But what does the Bitcoin halving mean for the world of gaming, especially in the realm of Web3 gaming? Increased Demand for
Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC), recently made a significant move in the NFT space. The company decided to burn 4,295 HV-MTL NFTs, representing 14% of the total supply. This decision was made in response to the acquisition of two gaming IPs by the blockchain gaming studio Faraway. By reducing
The MiCA regulation, set to reshape the crypto industry, is an essential step by the European Union towards regulating the crypto-asset market. As the crypto landscape evolves, companies in this sector need to prioritize compliance with MiCA to ensure a smooth transition. MiCA brings a wave of changes that companies operating in the crypto space
As Ethereum continues to hover around $3,170, investors are seizing the opportunity to accumulate the cryptocurrency in anticipation of a potential bullish sentiment. On-chain data has unveiled a trend of accumulation among Ether investors in the past week, with transactions indicating a strategic movement of funds in and out of exchanges. Notably, there has been
The recent Bitcoin halving event has cut the miners’ block rewards in half, leading to a significant reduction in the daily issuance of BTC. This decrease in the supply of Bitcoin is expected to result in a price rally, as the scarcity of the digital asset increases its value in the market. The halving occurs
After the recent completion of the Bitcoin halving event, the market is abuzz with predictions of a potential bull run based on historical trends in the BTC market. A crypto analyst known as ecoinometrics has made a bold prediction, suggesting that the leading cryptocurrency could reach a six-figure value in the current bull cycle. In
The NFT trading space experienced a significant surge in volumes during the first quarter of 2024, reaching a total of $4.7 billion across the top 10 marketplaces. Leading the pack was Blur, with a trading volume of $1.5 billion and a 27.6% market share. However, Magic Eden quickly emerged as a major competitor, surpassing Blur
Michael Saylor, the founder of MicroStrategy, has recently sold a significant number of shares in the company. He entered into a stock-sale agreement last year, which allowed him to sell up to 400,000 shares until April of this year. So far, he has successfully cashed in 370,000 shares, totaling about $372.7 million in value. This
In the past month, ADA, the native token of the Cardano network, has experienced a significant decline of 18.77%. This negative price movement is not unique to ADA, as the entire cryptocurrency market has been impacted by the recent massive dips in the price of Bitcoin. Despite these troubles, popular crypto analyst Ali Martinez is
In recent times, Ethereum has experienced a significant downturn in its value. However, there seems to be some hope on the horizon as the cryptocurrency has found support in a crucial zone. This zone is defined by the 100-day moving average and a critical price range that falls between the 0.5 and 0.618 Fibonacci levels.