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Play-to-Earn Declines as Blockchain Gaming Shifts to Ecosystem Integrations

Blockchain gaming is reaching a new stage of maturity, with increasing numbers of players accessing games more seamlessly, according to an organization focused on advancing the technology in the gaming sector. However, there are shifts in the sector that could create dramatic shifts as traditional gaming developers come into play. The changing tides coincide with major studios like Sony and…

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Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’
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Fed Rules out BTC Reserves: ‘We’re Not Allowed to Own Bitcoin’

Federal Reserve Chair Jerome Powell has dismissed the idea of the Fed holding bitcoin, emphasizing legal restrictions, as U.S. crypto policies and market dynamics rapidly shift. Why the Federal Reserve Can’t—and Won’t—Hold Bitcoin Anytime Soon Federal Reserve Chair Jerome Powell reiterated the central bank’s stance on bitcoin during a press conference Wednesday, following a rate […] Source: https://news.bitcoin.com/fed-rules-out-btc-reserves-were-not-allowed-to-own-bitcoin/

HTX DAO’s “Confidence Journey” Second Stop a Success: Partnering with DOGE Community to Build an Open and Inclusive Crypto Ecosystem
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HTX DAO’s “Confidence Journey” Second Stop a Success: Partnering with DOGE Community to Build an Open and Inclusive Crypto Ecosystem

PRESS RELEASE. The second stop of HTX DAO’s “Confidence Journey” in China concluded successfully on December 13, 2024. The event, hosted by HTX DAO and co-organized by the SUNDOG Community, Balance, and HTX, featured prominent figures like Jiang En, founder of the China DOGE Association; Cheng Qian from the DOGE community; and Molly, spokesperson for […] Source: https://news.bitcoin.com/htx-daos-confidence-journey-second-stop-a-success-partnering-with-doge-community-to-build-an-open-and-inclusive-crypto-ecosystem/

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Bitcoin, Crypto Eye Recovery as Analysts Bet on Resilience Despite Fed’s Hawkish Pivot

Crypto and broader equities fell sharply Wednesday as traders attempted to divine next year’s outlook following a hawkish pivot from the U.S. central bank. While the 25 basis point cut delivered by the Federal Reserve on Wednesday was largely priced in, concerns flared as the bank signaled interest rates may not go down again anytime soon. During a press conference,…

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Binance SOL Liquid Staking Token Surpasses $1 Billion in Total Value Locked
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Binance SOL Liquid Staking Token Surpasses $1 Billion in Total Value Locked

Binance’s BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token. The token recently crossed $1 billion in total value locked (TVL), representing more than 10% of the market cap of all […] Source: https://news.bitcoin.com/binance-sol-liquid-staking-token-surpasses-1-billion-in-total-value-locked/

Bitcoin Slides to a Low of $100,227 Following Federal Reserve Rate Cut
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Bitcoin Slides to a Low of $100,227 Following Federal Reserve Rate Cut

Bitcoin (BTC) experienced a sharp decline today, dropping from $105,500 to $100,227 after the U.S. Federal Reserve announced a quarter-point reduction in the benchmark interest rate. The sudden market movement left many traders reeling as bitcoin’s value hovered between $100,900 to $101,150 per coin by press time. Derivatives Liquidations Soar as Bitcoin Falls The latest […] Source: https://news.bitcoin.com/bitcoin-slides-to-a-low-of-100227-following-federal-reserve-rate-cut/

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Coinbase Can Delist Wrapped Bitcoin Amid BiT Global Challenge, Judge Rules

A federal judge denied BiT Global’s request for a temporary restraining order Wednesday, finding that the Hong Kong-based firm failed to show an imminent and irreparable harm that would come from Coinbase’s plans to soon delist WBTC, or Wrapped Bitcoin. “Ultimately, I have no evidence from you about what is to come,” U.S. District Judge Araceli Martínez-Olguín told BiT Global’s…

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