Bitcoin price can hit $100K by Thanksgiving if bulls hold key level
Bitcoin is consolidating after new all-time highs, but bulls cannot afford to lose track of too many potential support levels, says BTC price analysis.
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BAYC creator Yuga Labs completes restructuring to focus on metaverse
Yuga Labs, a firm behind the Bored Ape Yacht Club NFTs, has completed restructuring to focus on its upcoming metaverse project Otherside. 162 Total views 1 Total shares Yuga Labs, a company behind the major nonfungible token (NFT) project, Bored Ape Yacht Club (BAYC), has completed restructuring amid the ongoing challenges in the industry.Yuga Labs

Block.one secures funding for $10B EOS-based crypto exchange platform
The EOS-based Bullish Global crypto exchange platform is expected to go live later in the year. 2965 Total views 13 Total shares Blockchain software firm Block.one has announced plans to launch a cryptocurrency exchange subsidiary.According to a release published on Tuesday, the platform — dubbed “Bullish Global” — will run on the EOS blockchain.As part…

Another dormant Ethereum wallet reawakens after 8 years, moving millions
An Ether (ETH) wallet that has been inactive since Ethereum’s ICO (Initial Coin Offering) in 2015, has suddenly awoken after eight years of dormancy, moving a total of 8,000 ETH in just two minutes.The wallet received the 8,000 ETH after participating in Ethereum’s ICO (Initial Coin Offering) in 2015 and remained inactive until May 27. On…

Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more
Opensea’s dominance begins to waiverNonfungible token (NFT) marketplace Opensea has seen its competitors chomping at its ankles this year as they gain market share — turning the market from a “monopoly” into an “oligopoly," a new report states. Binance Market Pulse released on Oct. 20 says there has been a slow and steady change in…

Web3 app Kresus raises $25M to bridge consumers to blockchain
Kresus’ SuperApp aims to bridge more everyday consumers to digital goods, NFTs and other Web3 products and services. 114 Total views 2 Total shares Own this piece of history Collect this article as an NFTWeb3 app developer Kresus has closed a $25 million funding round to support the development of its so-called SuperApp, potentially opening…

Pro traders turn into bears after Ethereum price dropped to $3,200
After a 42% rally over a three-week period, Ether (ETH) peaked at $3,580 on April 3 and since then, a 12% correction to $3,140 has taken place.Tech giants launching their own smart contract platforms and regulatory uncertainty might have impacted investors’ sentiment and derivatives metrics also show worsening conditions that confirm professional traders' shift toward…

Web3 Domain Alliance expands with 51 new members
The Alliance said it aims to focus on consumer protection, preventing naming collisions, fair and open use of intellectual property in the industry, and interoperability of blockchain naming systems, among other topics. 54 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Web3 Domain Alliance, a member-led coalition…

Polygon acquires Hermez Network for $250M, will merge native tokens
“We believe this is in a way a historical moment since this will be (to the best of our knowledge) the first full-blown merger of two blockchain networks,” said Polygon. 843 Total views 12 Total shares Layer-two protocol Polygon will be merging ZK-rollup project Hermez Network into its ecosystem for $250 million worth of MATIC…