Shuji Utsumi, Sega’s Co-COO, recently expressed optimism in blockchain gaming and the potential role NFTs may play in the future of video games, despite having told Bloomberg a few months before that he finds play-to-earn games to be “boring.” Utsumi made the remarks in an interview that was first published
October 15, 2023 1 min read
This week, the crypto community learned of a striking discrepancy in the attitudes of the “whales” holding the two largest cryptocurrencies on the market: Bitcoin and Ethereum. On-chain research business Glassnode data shows a dramatic decline in the number of Ethereum “whales” (individuals holding 1,000 or more ETH, or around
October 15, 2023 1 min read
The crypto market continues to struggle with major cryptocurrencies trading in red. However, investors have sought solace in the Loom Network (LOOM). The token has had a tremendous price increase, rising by almost 510 percent in the previous 30 days to its current value of $0.26. LOOM has gained nearly
October 13, 2023 2 mins read
Glassnode reports that over the previous two days, Binance has received Bitcoin worth over $300 million. There were two major inflows marking this surge: over $200 million went to the exchange on October 11, and another of $120 million on October 12. The majority of these transactions are in the
October 13, 2023 2 mins read
Solana co-founder Anatoly Yakovenko is citing an “obvious” use of cryptocurrencies and blockchain technology. Yakovenko cites straightforward payments as an example of an application of digital assets that may benefit everyone in a recent interview with Austin Federa, Head of strategy at the Solana Foundation. Solana validator indicators such as
October 12, 2023 1 min read
After its reserves of DAI were depleted, the value of the polygon-based stablecoin Real USD (USDR), which is backed by real estate holdings, plummeted to almost $0.51 within a few hours yesterday. On-chain data revealed by USDR’s creator, Tangible DAO, shows that the treasury has no DAI and that the
October 12, 2023 2 mins read
According to Bobby Zagotta, CEO of Bitstamp USA and the company’s worldwide chief commercial officer, the cryptocurrency exchange Bitstamp intends to restart operations in Canada after suspending them early in 2024. Bitstamp has stated in a statement that it will stop serving Canadian clients as of January 8, 2024. Moreover,
October 11, 2023 2 mins read
On-chain data suggests that Ethereum whales are showing resilience in the face of heavy selling pressure. According to the available data, the top 10 Ethereum whales have amassed an incredible 40 million ETH in the last few days. Santiment, an on-chain data source, noted that the wealthiest Ethereum wallet addresses
October 11, 2023 2 mins read
Solana’s inflows spiked dramatically last week, putting it above all other altcoins and even Bitcoin. According to a new report from Coinshares, Solana has been receiving a lot of attention due to its recent achievements. The cryptocurrency has gathered about $24 million, marking its greatest influx since March 2022. The
October 10, 2023 2 mins read
The futures offering on the Binance exchange now includes a copy trading capability. By allowing users to closely mimic the trades and portfolios of successful traders, this cutting-edge innovation creates a richer learning and social experience for the trading community as a whole. There are two available settings in Binance
October 10, 2023 2 mins read