Atari, a pioneer in the gaming industry, has once again captured the charm of retro gaming by putting a modern twist on its iconic 1976 game, Breakout. This time, Breakout is making a comeback on the Ethereum layer 2 network Base, as part of Coinbase’s “OnChain Summer” promotion. This move by Atari showcases the company’s
As bitcoin faces another retreat, analysts are closely examining technical indicators and signals to determine its next move. According to CoinGlass, the liquidity heatmap is currently indicating key first-test lines at around $56,800. If BTC manages to bounce off this support level, it may test higher resistance levels. However, a weak bounce could result in
Samsung has recently announced a groundbreaking partnership with Illuvium at Gamescom 2024, with the goal of transforming home entertainment through the integration of Web3 technology. This collaboration will see the Illuvium gaming universe brought directly to living rooms through Samsung’s innovative Web3 TVs, allowing players to immerse themselves in the world of Overworld, Arena, and
Toronto-based Bitcoin mining company Bitfarms reported a total revenue of $42 million, marking a 16% decline quarter-over-quarter. This decrease is attributed to the reduction in block rewards resulting from the BTC halving event on April 19, 2024. Bitfarms reported a net loss of $27 million, or $0.07 per share, which includes a $1 million non-cash
Santiment, the cryptocurrency market intelligence platform, recently unveiled the top 10 digital assets with the most notable development activity over the last 30 days. Leading the list is Internet Computer (ICP), with an overall score of 570.1. ICP is the second-largest digital asset in the Artificial Intelligence (AI) realm, boasting a market capitalization of nearly
Bitcoin’s price has stabilized over the weekend, with the asset hovering around $61,000. This comes after a tumultuous week that saw the primary cryptocurrency plummet to $49,500, its lowest position in six months. However, Bitcoin managed to stage a recovery and surged to almost $63,000 by Friday morning, reclaiming over $13,000 in value in less
European investment company CoinShares recently announced impressive financial results for the second quarter of 2024. The company’s revenue more than doubled compared to the same period in 2023. According to the earnings report, CoinShares achieved a revenue of £22.5 million ($28.5 million) in Q2 2024, showing a 110% year-over-year growth from the £10.7 million ($13.5
In a recent video posted on his YouTube channel, crypto analyst Benjamin Cowen delved into the potential consequences of the re-emergence of the death cross indicator on Bitcoin’s chart. With the $62,000 price level now playing a critical role in Bitcoin’s price trajectory, the crypto market is closely monitoring whether Bitcoin can hold above this
Crypto exchange Gemini co-founder Tyler Winklevoss’ recent comments regarding the “reset” of Vice President Kamala Harris’ stance on cryptocurrencies have stirred up quite a controversy in the industry. Winklevoss labeled Harris’ actions as a “scam” in a post on Friday, accusing the Federal Reserve of tightening its grip on the crypto sector. While his concerns
The past week was characterized by volatility in the cryptocurrency market, with spot Bitcoin and Ethereum ETFs experiencing fluctuations in inflows and outflows. Starting off on a negative note, the spot Bitcoin ETFs witnessed significant outflows, with approximately $240 million leaving the eleven funds. This trend continued into the new week, with $168.4 million being