Crypto.com Airdrops LeBron James NFT Series

Crypto.com airdroppped the LeBron James NFT series to fans by placing QR codes in Big Game ads. The “The Moment of Truth” series consists of 15 NFTs in 3 layers. The NFT was airdropped to a random draw of 5,550 lucky people who discovered the QR code and successfully registered. Fans scan a QR code … Continue reading Crypto.com Airdrops LeBron James NFT Series

Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism

Ethereum breached the psychological price of $3,000, a scenario not seen in weeks.  The second-largest cryptocurrency based on market capitalization was up by 19.24% in the last seven days to hit $3,005 during intraday trading, according to CoinMarketCap.  This is nearly twice Bitcoin’s surge of 10.4% during the same timeframe. Bitcoin was hovering around $42, … Continue reading Ethereum Beats Bitcoin on the Weekly Timeframe amid Increased Optimism

Ethereum Experiences Accumulation Trend as Price Continues Trading Above $3,000

After recently breaching the psychological price of $3,000, Ethereum (ETH) continues trading above this level based on regained momentum. The second-largest cryptocurrency based on market capitalization was up by 3.22% in the last 24 hours to hit $3,050 during intraday trading, according to CoinMarketCap. Ethereum has been experiencing notable accumulation, illustrating more demand. Market analyst … Continue reading Ethereum Experiences Accumulation Trend as Price Continues Trading Above $3,000

Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low

The daily net issuance in the Ethereum (ETH) network continues to drop, signifying a supply deficit. Data analytic firm IntoTheBlock explained: “ETH net daily issuance is dropping. after reaching a top on March 12 of 3.48%, the 7-day average net issuance has been around 2.21%. ETH has not had a negative net issuance day since … Continue reading Ethereum Scarcity Increases as Net Daily Issuance Hits a 2-Month Low

VanEck to Launch Community NFT Collection

VanEck, one of the few American asset managers that have a Bitcoin futures Exchange Traded Fund (ETF) product, has announced the launch of its Community NFT Collection. The firm said the NFT collection is the first of its kind for any asset manager globally and that it will be resident on the Ethereum blockchain network. … Continue reading VanEck to Launch Community NFT Collection

Ethereum Merge Might Happen in August as Testing Enters Final Round

Speaking at the Permissionless 2022 Conference in Florida, the U.S., Ethereum Researcher Justin Drake disclosed that the merge of Ethereum (ETH) might happen in August. Market insight provider Bankless pointed out. He noted: “Strong desire to make this happen before difficulty bomb in August. Stars are aligned.” Meanwhile, Ethereum core developer Preston Van Loon shared … Continue reading Ethereum Merge Might Happen in August as Testing Enters Final Round

Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?

The merge of Ethereum (ETH), which is expected to complete the transition from the current proof-of-work (PoS) consensus mechanism to a proof-of-stake (PoS) framework, has been elusive for quite some time. Nevertheless, a DeFi educator under the pseudonym Korpi believes it will be a game-changer because it will shift the selling pressure experienced in the … Continue reading Will Ethereum Merge Trigger a Shift from Selling to Buying Pressure?

Playful Studios Launches Web3 Game Division, Raises $46M in Series A Funding

The Wildcard Alliance, Inc., a new web3 gaming studio focused on interactive entertainment, announced on Tuesday that it raised $46 million in a Series A funding round. The funding was led by crypto-native investment giant Paradigm. Other investors such as Griffin Gaming Partners, Polygon, and venture capitalist Sabrina Hahn, also participated in the funding round. … Continue reading Playful Studios Launches Web3 Game Division, Raises $46M in Series A Funding

Web3.0 Game Startup Wildcard Alliance Pulls $46M in Series A Funding

Wildcard Alliance, a new Web3.0 gaming startup has raised $46 million in a Series A funding round led by Paradigm Capital. Wildcard Alliance is a relatively new subsidiary spun out of Playful Studios, creator of the Lucky’s Tale game series and Creativerse. The startup is a game development outfit that has amongst many things built … Continue reading Web3.0 Game Startup Wildcard Alliance Pulls $46M in Series A Funding

Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”

Citigroup Inc. or Citi, an American multinational investment bank, disclosed that the merge would make Ethereum (ETH) a deflationary asset. As a result, the second-largest cryptocurrency will become a “yield-bearing asset.” The transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism called the merge is speculated to be the biggest software upgrade in … Continue reading Citi Believes The Merge Will Make Ethereum a “Yield-Bearing Asset”

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