The gaming industry has been taken by storm with the release of Unioverse’s latest game, Hoverdrome. This sci-fi franchise and gaming platform is setting a new standard with its innovative approach to Web3 gaming. Hoverdrome offers players an exhilarating experience that combines the best elements of Mario Kart and Rocket League, making it a must-play
In a recent development, a US appeals court made a significant decision regarding a class-action lawsuit against Binance.US and CoinMarketCap. The plaintiff, Ryan Cox, alleged that the two platforms manipulated the price of the Hex token for their financial gain. Cox argued that Hex was unfairly undervalued while other cryptocurrencies were inflated in value. Initially,
The recent data on US spot Ethereum ETFs reveals that there was a total inflow of $4.9 million on Monday. This marks a positive uptick in investor interest in Ethereum-related investment products. It is important to note that Grayscale Ethereum Trust (ETHE) experienced no withdrawals on this particular day, a notable occurrence considering the previous
The current market conditions are causing significant financial stress for new Bitcoin investors, as indicated by various metrics pointing to a bearish environment. Metrics such as the Short-Term Holder MVRV (Market Value to Realized Value) and the standard deviation (SD) of the short-term holder Cost-Basis highlight the losses that newer market participants are facing on
The recent trading activities in the cryptocurrency market have shown that Ethereum is approaching a crucial point in its trading pattern. The formation of a bearish triangle pattern indicates a potential significant breakout, with the possibility of a sharp decline towards the $2,160 target. In the past 24 hours, Ethereum has seen an increase of
House Representative Ro Khanna, a pro-Bitcoin Democrat and lawyer, has indicated that the Biden administration is likely to release a cryptocurrency regulation roadmap in the near future. Khanna’s optimism stems from recent discussions between the White House and industry leaders, where he hopes that forthcoming regulations will provide clarity for companies, support innovation, and drive
In the volatile world of cryptocurrencies, Ethereum (ETH) recently experienced a significant downturn at the start of the week. However, there is hope on the horizon as the digital asset has shown signs of a modest recovery by reclaiming the crucial $2,600 level and aiming for the $3,000 milestone once again. The crash on August
In a recent move, Gala Games has introduced a new feature that allows users to login to their platforms using their Telegram accounts. This Single Sign On (SSO) option aims to streamline the process of accessing Gala platforms, including Gala Games, Gala Music, and Gala Film, by eliminating the need for usernames and passwords. This
Sui (SUI) has experienced a significant surge in its price recently, with a remarkable 125% weekly increase. This surge was largely attributed to the launch of Grayscale’s Sui Trust, which provided investors with a familiar product focused on investing in the underlying asset. As a result, SUI is currently trading at around $1, marking a
The latest data from CoinShares has revealed a resurgence in the cryptocurrency market, with digital asset investment products attracting $176 million in inflows. This uptick in investor confidence is a clear indication of a strong and unanimous positive sentiment across the market, particularly in Ethereum-based funds. According to CoinShares’ head of research, James Butterfill, Ethereum