Pixels CEO Champions Sustainable P2E Gaming Model

Pixels CEO Champions Sustainable P2E Gaming Model

In A Nutshell In the evolving landscape of Web3 gaming, the concept of play-to-earn (P2E) has been both celebrated and criticized. Despite facing substantial scrutiny and being labeled as a “flawed” system by some industry veterans, certain proponents remain optimistic about its potential. Among them is Luke Barwikowski, CEO of the Web3 MMO game Pixels,…

BOME Surges 13.3%, Outperforms Other Meme Coins

BOME Surges 13.3%, Outperforms Other Meme Coins

In A Nutshell The cryptocurrency Book of Meme (BOME) has experienced a remarkable increase of 13.30% over the past week, significantly outperforming both the global crypto market and its meme coin counterparts. At the time of analysis, BOME’s price has surged to $0.01055, with a 24-hour trading volume signaling strong investor interest. Technical indicators present…

Schiff Slams Bitcoin Strategy, Warns of Debt Risk

Schiff Slams Bitcoin Strategy, Warns of Debt Risk

In A Nutshell Peter Schiff, a long-standing critic of Bitcoin and cryptocurrency, has recently voiced his skepticism towards the “never sell your Bitcoin” mantra popularized by figures like Donald Trump and Michael Saylor. Schiff questions the practicality of holding Bitcoin indefinitely, arguing it offers no real economic benefit and instead promotes a cycle of poverty….

Ethereum Market Soars, Hits $11.8B in Open Interest

Ethereum Market Soars, Hits $11.8B in Open Interest

In A Nutshell The Ethereum market has shown significant signs of momentum with a surge in open interest, alongside a record-high funding rate. This article delves into the factors propelling this bullish sentiment, including the approval of Ethereum ETFs and the implications of these market developments. Ethereum’s Surge in Open Interest Recent data highlights a…

Bitcoin Nears Record High: Market Eyes $98K Peak

Bitcoin Nears Record High: Market Eyes $98K Peak

In A Nutshell The cryptocurrency market is buzzing with anticipation as Bitcoin (BTC) approaches its potential all-time high (ATH), with current trends and key indicators suggesting a significant move could be on the horizon. This week, investors and traders are closely monitoring BTC’s performance, which could set the tone for the broader market, including altcoins…

Compound Finance Withdraws Proposal After Pushback

Compound Finance Withdraws Proposal After Pushback

In A Nutshell A notable shift has occurred within the Compound Finance ecosystem, where a contentious proposal, known as Proposal 289, has been officially rescinded in favor of a new, more agreeable solution. This decision came after a significant pushback from the community and negotiations that led to an alternative proposal aiming to benefit COMP…

BlackRock to Add Bitcoin, Ether ETFs by 2024

BlackRock to Add Bitcoin, Ether ETFs by 2024

In A Nutshell BlackRock, the global investment giant, has recently shared insights on the future of crypto ETFs (Exchange-Traded Funds) within model portfolios, hinting at a significant shift towards the end of 2024. Samara Cohen, BlackRock’s ETF and Index Investments CIO, highlighted the increasing interest in digital currency-backed ETFs among large brokerage firms and the…

Bitcoin Futures Surge on Trump’s Optimistic Views

Bitcoin Futures Surge on Trump’s Optimistic Views

In A Nutshell Recent analysis points to a significant moment in the Bitcoin futures market, as observed metrics suggest an “inflection point” has been reached. This conclusion follows an uptick in Bitcoin’s open interest (OI) combined with a price movement into a new range. Experts, analyzing data post the Bitcoin 2024 conference, have honed in…

Bitcoin Hits Record $39.46B Open Interest, Eyes $71.5K

Bitcoin Hits Record $39.46B Open Interest, Eyes $71.5K

In A Nutshell Bitcoin’s open interest has surged to a new record high of $39.46 billion, indicating a growing investor interest in the cryptocurrency. This metric, which tracks the total number of open positions in Bitcoin across all exchanges, has surpassed its previous record, signaling potential for an imminent price breakout. Coupled with positive indicators…