Day: September 28, 2024

GameFi investment is surging: Blockchain becomes a staple in every title

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3 gaming has received a lot of skepticism over the past few years. However, the industry has undergone substantial changes in the developer’s approach to gameplay mechanics, reward models, and inclusivity factors. The result? We’re seeing GameFi emerge stronger than ever.  It’s not just a theoretical observation but rather a statistical one. In the second quarter of 2024, blockchain gaming projects received a remarkable $1.1 billion investment—a…

Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD

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According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding the total crypto purchases of 2023. This indicates that exchanges and trading platforms are preparing to accommodate a large demand for […] Source

Solana Could ‘Go Nuts’ As SOL Price Retests $160 Resistance

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Este artículo también está disponible en español. Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches. Related Reading Solana Retests $160 Resistance Solana’s rally started last week following the market surge driven by the US Federal Reserve’s rate cuts. The jump pushed the cryptocurrency’s price above the $140 resistance level, successfully turning it into support.…

Could new crypto Rollblock 100x Like Shiba Inu and Dogecoin?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Learn about Rollblock’s potential to become the next 100x crypto, compared to the meteoric rise of Shiba Inu and Dogecoin. While the entire crypto community rushes to catch the last big break of 2024, Rollblock has been hailed as a probable 100x crypto and is pitted against two famous contenders, Shiba Inu and Dogecoin.  With Rollblock’s presale gaining significant traction, investors wonder whether this new project could repeat the…

Dogecoin To The Moon? Trading Guru Sees A Bullish Breakout on the Horizon—Here’s Why

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

3 altcoins ready for double-digit gains this Autumn

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the altcoin market heats up this autumn, DOGEN, Kaspa, and TRON are poised for growth, with DOGEN expected to surge by 700% by the end of its presale. As autumn approaches, experts foresee a thrilling surge in the altcoin market. With potential double-digit increases on the horizon, three specific altcoins are poised for significant growth. This article uncovers which digital currencies are on analysts’ watchlists and explores the…

Bitcoin Set For Biggest September Gains In A Decade: Here’s Why

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Este artículo también está disponible en español. Bitcoin (BTC) looks poised to record its best September in a decade, surging past $65,000. This uncharacteristic price appreciation could be attributed to several key factors. Reasons Behind Bitcoin’s Impressive September Gains Historically, September has consistently been the worst month for BTC in terms of price performance. However, the apex cryptocurrency is now on track to post its best September in at least a decade, driven by several macroeconomic developments. Related Reading On September 18, the US Federal Reserve (Fed) initiated its interest…

The Top 20 Crypto To Watch In Q4

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Este artículo también está disponible en español. Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen in over two months. Grayscale Highlights Key Trends In Crypto In its Thursday report, Grayscale updated its Crypto Sectors Indexes, showcasing emerging themes within the digital asset industry. Key trends include the rise of decentralized…

The newly launched MSTU ETF is firing on all cylinders

A new leveraged MicroStrategy ETF is firing on all cylinders as its assets jump and its stock soars to a record high. The T-REX 2X Long MSTR Daily Target ETF has added over $82 million in assets just a week after its launch. According to Eric Balchunas, Bloomberg’s head of ETFs, these inflows place it in the top twenty of all 515 funds launched this year. The fund, whose ticker is MSTU, has outperformed the Defiance Daily Target 1.75X Long MSTR ETF, which launched in August. This is wild, the…

Suze Orman Recommends BTC: ‘Everybody Should Absolutely Have Exposure to Bitcoin’

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Suze Orman, a well-known financial advisor, advocates for bitcoin exposure, despite contrasting views from other prominent investors like Dave Ramsey and Warren Buffett. She underscores the potential gains for those who can manage its volatility. “Everybody should absolutely have exposure to bitcoin,” she said. Suze Orman Encourages Bitcoin Investment With Caution Financial advisor Suze Orman […] Original