Author: News Room

MadWorld, a post-apocalyptic shooter game for iOS and Android, opened up registration for its early access playtest on Thursday, giving players an opportunity to test out its NFT-based territory control elements. And the studio behind the title, Carbonated, also shared that it has raised $13 million in fresh funding from prominent backers. Carbonated Inc, founded in 2015 by video game industry veterans from firms like PlayStation and Electronic Arts, revealed exclusively to Decrypt’s GG that it has raised a $13 million Series A round led by Com2uS, the South Korean gaming giant behind the XPLA blockchain network that MadWorld uses…

CCData has released the March 2024 edition of its “Stablecoins & CBDCs Report.” CCData is a leading company specializing in digital asset data and index solutions. They collect and aggregate vast amounts of pricing data on cryptocurrencies from various exchanges and sources, meticulously cleaning and standardizing it for use by institutions and retail investors. CCData also develops and calculates cryptocurrency indices that track the performance of specific segments of the digital asset market, often used as benchmarks for financial products like ETFs. They provide an API that allows developers and institutions to access accurate, real-time cryptocurrency market data, enabling the…

Coinbase Derivatives has unveiled plans to introduce cash-settled futures contracts for Dogecoin, Litecoin, and Bitcoin Cash. Announced in letters to the United States Commodity Futures Trading Commission (CFTC) on March 7, this initiative marks a significant expansion of Coinbase’s product line, aiming for an April 1 launch date. What is Coinbase’s Strategy With Futures Listing The filing flew under the radar initially, escaping widespread community attention. Currently, the CFTC’s response remains pending. However, if no objections arise, these futures, including a Dogecoin Futures ETF, will commence trading by April Fool’s Day. Importantly, Coinbase has opted for self-certification under CFTC Regulation…

During the Ethtaipei 2024 event in Taiwan, Ethereum founder Vitalik Buterin introduced “rainbow staking,” a new conceptual framework designed to allow protocol service providers to engage in a differentiated menu of protocol services. Rainbow staking aims to enhance the economic value and participation of solo stakers by integrating various protocol services in a more plug-and-play […] Read the full article here

A closely followed crypto analyst believes that rallies are in store for two top smart contract platforms including Ethereum (ETH). Pseudonymous analyst Loma tells his 301,200 followers on the social media platform X that he thinks Ethereum will likely continue its slow grind up. The crypto strategist shares a chart suggesting that ETH will eventually return to all-time high at around $4,871. “Can steadily just trail stops under that $3,200 area. Price closes below $3,200 on any meaningful timeframe and maybe you can start calling tops. Until then, it’s just a game of patience. Slow is smooth; smooth is fast.” …

Cryptocurrency analyst Kevin Svenson is saying that Bitcoin (BTC) could skyrocket by triple digits from the current level. Svenson tells his 73,500 followers on the social media platform X that based on historical precedent, Bitcoin could appreciate by roughly between 50% and 201%. “…based on the ratio of past gains gives me $95,000 as the minimum target… …and the median target of $142,000. And if things go really well, we will hit $190,000. But anywhere you know closer to $142,000 maybe… but it could be between $95,000 and $142,000, could be like $124,000. Something along those lines. But these are…

TL;DR Bitcoin (BTC) hit a new high of over $73,500, then fell below $61,000, but has partially recovered to around $66,500, possibly influenced by the Fed’s interest rate decision and the upcoming halving event. Ripple’s XRP received exchange support amid an SEC lawsuit, highlighting its regulatory challenges and market resilience. Solana-based meme coins like Slerf and Book of Meme saw significant price fluctuations, reflecting the speculative and volatile nature of the crypto market. BTC Rallying Again Last week, the price of the primary cryptocurrency spiked to an all-time high of over $73,500. However, it could not keep the momentum, dropping below the…

The price of Bitcoin (BTC) collapsed to just $61,231 earlier today, according to CoinGecko data. The flagship cryptocurrency is down 17% from its all-time high. Yet, despite the severe price drop, the Bitcoin market sentiment remains in the greed territory. More than $505 million worth of long positions have been liquidated over the past 24 hours. Underwhelming ETF numbers The most recent drop coincided with Bitcoin exchange-traded funds (ETFs) posting their biggest outflows to date. On Tuesday, a whopping $326.2 million flowed out of these products. Grayscale’s GBTC appears to be the main bearish headwind with a staggering $443 million…

Ether.fi, the innovative non-custodial liquidity staking protocol, has recently announced an ambitious product roadmap that spans the next 12 to 24 months, signaling a significant expansion of its offerings. Currently known for its Stake product, ether.fi is set to diversify its portfolio with the introduction of two new products: Liquid and Cash. These additions are poised to redefine the DeFi landscape and bridge the gap between decentralized finance and real-world financial activities, offering users unprecedented flexibility and control over their digital assets. Expanding DeFi horizons with liquid The first of these pioneering products, Liquid, is scheduled for release on March…

Coffee giant Starbucks announced Friday that it is shutting down its Starbucks Odyssey beta platform, which provided NFT-based rewards minted on Ethereum scaling network Polygon. Starbucks will close the Odyssey platform and the associated Discord server in the coming days, with no clear indication of a planned return. “The Starbucks Odyssey Beta must come to an end to prepare for what comes next as we continue to evolve the program,” an official FAQ reads. “While the Starbucks Odyssey Beta program is ending, we are excited for you to see what comes next and are grateful for your consistent engagement and…