We know that despite the moribund state of markets, many hedge funds, family offices, venture funds and even pension funds and endowments are looking seriously at the long-term benefits of including crypto in their portfolios. Below I lay out why post-Merge ether could figure prominently in their future allocations. Source
Month: September 2022
Bitcoin registró ganancias tras la desaceleración del índice de empleo de EE. UU. en agosto
El informe es uno de los últimos datos económicos importantes que revisará la Reserva Federal antes de su reunión de política monetaria de septiembre. Original
GAIMIN Gladiators Extends Team Roster Moving Into APEX Legends – Press release Bitcoin News
press release PRESS RELEASE. Zug, Switzerland, 2nd September 2022: With a roster currently comprising DOTA2, Rocket League, Rainbow 6 Siege, GAIMIN is delighted to announce that GAIMIN Gladiators have extended their gaming roster to now include an APEX Legends team. Comprising Hardecki, Leogri3x6 and Artyco along with their coach, Pkmk, this Tier 1 team has already achieved considerable success in APEX Legends and built up an impressive community of followers. Hardeki was the youngest winner in the Esports.gg APEX Legends Awards and was the driving force behind the team’s dominance…
Gaming makes up over half of blockchain industry usage, DappRadar
New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers. While overall the numbers are a good indicator for the sector, it is a decrease from the previous month. Last month the gaming sector made up approximately 57.30% of industry usage (MoM). The data from DappRadar comes from the daily Unique Active Wallets (UAW). According to the surveyor, there are around 847,230 gaming-related UAW active…
Crypto Lender Celsius Says $70M Cash Relief Will Bolster Efforts to Survive the Year
According to the Celsius’ provision, it expects to receive the majority of the repayment by October 7. The forecast shows that its disposable cash balance will stand at $42 million by the end of November. Extrapolating its weekly net cash flows, the cash pile will only barely last through the end of this year. Source
The Continued Unraveling of Mark Zuckerberg’s Malicious Metaverse
There are endless reasons for this, but one in particular deserves highlighting. As Kotaku’s reviewer observed, Horizon Worlds is currently packed with hall monitor-like “community guides” keeping watch on what’s going on. From a business perspective, that might be the scariest signal of all, highlighting the risk that Horizon Worlds will be even harder to moderate for offensive or dangerous content and behaviors than Facebook already is. If the “community guides” are a permanent necessity, as 15,000 content moderators still are at Facebook, the whole thing may yet prove fundamentally…
Lido DAO Continues With Strong Bullish Bias, How High Can Price Go?
The price of Lido DAO (LDO) has shown so much strength despite the downtrend across the market, with Lido DAO (LDO) eyeing a rally to its all-time high of $4. Bitcoin’s (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell. (Data from Binance) Lido DAO (LDO) Price Analysis On The Daily Chart LDO token price has shown so much strength creating a higher high after hitting a daily low of $1.6; the price bounced off from this…
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Designer Drug Markets Get Boost From Crypto
Novel psychoactive chemicals with names like 2C-B, AMT and 5-MeO-DMT are freely available at online marketplaces and digital currencies help facilitate global trade. Source
Bnk To The Future eyes acquisition of crypto lender SALT
Crypto lending platform SALT has received a buyout offer from a prominent online investment platform — a move the company said could potentially enhance its product offerings and advance its mission of making digital assets more accessible to mainstream audiences. Bnk To The Future, or BF, has submitted a letter of intent to acquire SALT for an undisclosed amount, the companies disclosed Friday. The acquisition is contingent on both parties signing definitive agreements and requires regulatory approval. Robert Odell, SALT’s chief product officer, described the potential acquisition as being a…