“Ready Player One” helped popularize the concept of a vast, shared metaverse, and the novel and film franchise are being turned into a metaverse game world of their own, as revealed earlier this year. Now, its creators have shared a first look at what’s planned. The Readyverse, as it’s called, will debut with a battle royale game experience called Open,…
Ethereum’s next hard fork, the Dencun upgrade, is only two days away, and experts are calling it one of the most important events for the network since the Merge. And unlike prior upgrades, analysts say Dencun won’t mean much for Ethereum holders. “This marks a significant shift in the focus of Ethereum, going from servicing users directly to servicing other…
Why is Bitcoin’s price soaring to new highs? Partly because so much cash is flowing into investment products giving people exposure to the asset. And that drove another record week for crypto funds. Last week, a record was set when $2.7 billion—the highest amount ever—hit crypto funds, digital asset manager CoinShares said on Monday. The vast majority of that cash—$2.6 billion—was…
Meme coin mania is in full swing as the new trading week begins. Among the Ethereum-based tokens gaining traction, Smog (SMOG) is catching investors’ attention alongside the surge in prices of Pepe (PEPE) and Floki (FLOKI). The speculative mania surrounding the sector has propelled these tokens into the spotlight. PEPE Regains Momentum After Weekend Pullback […] Source: https://news.bitcoin.com/beyond-the-hype-smog-tokens-rise-as-a-trailblazer-in-crypto-alongside-floki-and-pepe/
ETF net inflows hit $472m in strong week. GBTC outflows hit $10bn, nearly overtaken by new 9. BlackRock to allow more funds to buy BTC ETFs. Rumours still of Qatar buying amid Bukele meeting. Source: https://decrypt.co/videos/interviews/CoPpmqhC/btc-hits-70k
Ethereum developers will roll out the much-anticipated Dencun upgrade on Wednesday, March 13. Developers have told Decrypt that the impact on gas fees for Ethereum scaling networks will be dramatic, with some estimating that they’ll drop by 75% immediately. The name is a portmanteau of Cancun and Deneb, two separate upgrades that have been combined to create the term “Dencun.”…
Despite bitcoin reaching another all-time peak on Monday, publicly traded mining stocks commenced the day with percentage declines. Stock linked to companies such as Marathon, Cleanspark, Riot, and various others have diminished in value compared to the U.S. dollar, even as bitcoin celebrates fresh price milestones. Mining Stocks Tumble on Nasdaq Nasdaq-listed bitcoin (BTC) miners […] Source: https://news.bitcoin.com/as-bitcoin-hits-new-highs-nasdaq-listed-miners-face-unexpected-declines/
Microstrategy has bought 12,000 more bitcoins after completing a $800 million convertible note offering. The Nasdaq-listed company now holds a total of 205,000 bitcoins, acquired for an average of $33,706 per coin. The note offering “was well received in the marketplace and upsized to a total of $800 million in aggregate principal amount,” the company […] Source: https://news.bitcoin.com/microstrategy-boosts-bitcoin-holdings-to-205000-btc-after-800-million-capital-raise/
Former U.S. president Donald Trump made a rare public endorsement of crypto on Monday, emphasizing the degree to which cryptocurrencies have enriched him personally and implying that he would support the industry if re-elected in November. “There has been a lot of use of [crypto], and I’m not sure that I’d want to take that away at this point,” Trump…
MapleStory Universe was originally planned to launch on Ethereum scaling network Polygon, as announced this time last year—but on Monday, South Korean gaming giant Nexon revealed that it will use the Avalanche blockchain instead. Spun off from the classic MapleStory massively multiplayer online role-playing game (MMORPG), MapleStory Universe will embrace blockchain elements like unique in-game items tokenized as NFTs. And…
