Sixty percent “of the entire gaming market is all mobile. And that number is just continuing to grow, and a lot of that growth has to do with people in emerging markets. There’s just an incredibly cost-prohibitive nature that’s inherent to PC games and console games because you know, console games are $500-600, and to have a decent gaming computer, it’s like $1,000,” Dickerson said. Original
A recent report from technology research and advisory firm Technavio predicts that the Metaverse will hit a market share value of $50.37 billion by the year 2026. Therefore, it shouldn’t come as a surprise that the trillion-dollar fashion industry has started taking a major interest in the Metaverse. While most luxury labels and brands remain focused on creating nonfungible tokens (NFTs) to replicate physical items, a handful of projects have started bringing their communities into the Metaverse. For example, on Sept. 5, Vogue Singapore launched a fashion-first Web3 community known…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Tune into the first edition of Cointelegraph’s research panel, where we’ll talk about BTC mining and the opportunities that waste provides for miners. We will also debunk the myth that Bitcoin is bad for the environment by having a complex view of the tendencies of energy use for crypto. Don‘t miss out on this informative and educational conversation with our four guests! 0:00 Intro 2:15 How can Bitcoin mining fix the waste and underuse of energy? 6:30 What are some of the…
The price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto asset. However, one of the individuals notes that the odds of doing so are “in the 0%-1% range.” ‘Enough Shorts in the System to Suppress Price’ Bitcoin’s price has been lower this week following the initial drop after the U.S.…
Fear has gripped investors and traders alike in light of the recent adverse market action. Bitcoin, the most well-known cryptocurrency, has suffered the highest levels of selling pressure since the crisis in June and July. With a high of $22,400 on September 13 and a low of $18,790 today, Bitcoin has fallen by nearly 8%. The price has dropped by a stunning 13.31 percent. This, too, can be explained by the unfavorable economic developments in the United States, as have the recent price fluctuations. As of this writing, the latest…
The U.S. inflation-indexed bond yield has surged by 100 basis points (bps) since early August, causing renewed jitters in risky assets, including cryptocurrencies. And to the dismay of bitcoin (BTC) bulls, the so-called real yield is likely to rise even further in the coming months. Source BadBondBullishCryptoGoldmansNewsRealSpellsStanceYield CryptoX Portal
Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD) stablecoin. WazirX officially announced on Monday that it has stopped deposits of USDC alongside other stablecoins like Pax Dollar (USDP) and TrueUSD (TUSD). According to the announcement, the platform will instead offer the BUSD stablecoin to enhance liquidity and capital efficiency for users. WazirX will implement BUSD auto-conversion for users’ existing balances of USDC, USDP and TUSD at a 1:1 ratio on Oct. 5,…
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You can now play Solitaire, Snake and even Counter-Strike to earn Satoshis, tiny fractions of Bitcoin (BTC). Cointelegraph spoke to executives at Thndr Games, a play-to-earn (P2E) company built around Bitcoin and Zebedee, a gaming platform that will “Transform gaming with the power of Bitcoin.” Thanks to the Lightning Network (LN), a layer-2 payment solution built on top of Bitcoin, instant microtransactions of Sats can pay out to gamers across the globe quickly. “This genuinely fixes a need in gaming,” Ben Cousens, chief strategy officer at Zebedee, told Cointelegraph. Zebedee offers…
Ether has hugely outperformed bitcoin since both cryptocurrencies formed a bottom in June 2022. Ether’s superior gains have come as investors anticipate a major upgrade to the ethereum blockchain called “the merge.” Yuriko Nakao | Getty Images Bitcoin fell to its lowest level in three months on Monday as investors dumped risk assets amid expectations of higher interest rates. The world’s largest cryptocurrency dropped 5% to an intraday low of $18,276, reaching its lowest level since June 19. Bitcoin is down 7.2% this month and on pace for the second…