The recent Bitcoin halving event has created a buzz in the cryptocurrency world, with the rate of new coins being cut in half. This occurrence happens every four years and has a substantial effect on the overall crypto market. But what implications does this have for the realm of gaming, especially in the emerging field
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Yuga Labs, known for creating the highly sought-after Bored Ape Yacht Club (BAYC), recently made a bold decision to burn 4,295 HV-MTL NFTs. This move came as a response to the acquisition of their gaming IPs by Faraway, a blockchain gaming studio. The burning of these NFTs amounted to 14% of the total supply, reducing
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Investors are showing renewed interest in Ethereum as on-chain data reveals a significant accumulation trend among Ether holders. Over $500 million worth of ETH has left centralized exchanges in the past week, marking the highest single-week outflow since February. This strategic withdrawal from exchanges suggests that investors are looking to hold onto their Ether for
The upcoming MiCA regulation is set to bring significant changes to the crypto industry, requiring companies to ensure compliance for a smooth transition. As the European Union (EU) takes steps towards regulating the crypto-asset market, companies need to be prepared for the implications of MiCA on their operations. Key Requirements of MiCA MiCA aims to
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The recent Bitcoin halving event has caused a reduction in miners’ block rewards, leading to a decrease in the daily issuance of BTC and potentially triggering a price rally. This major event in the cryptocurrency industry has sparked discussions about the impact of halving on meme coins, such as Dogecoin and Shiba Inu. The Bitcoin
After the recent completion of the Bitcoin halving event, market analysts and experts are looking towards a potentially bullish trend in the BTC market. One crypto analyst, known as ecoinometrics, has made a bold prediction that Bitcoin could potentially reach six-figure price levels in the current bull cycle. The analyst’s post on Saturday highlighted the
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