GameFi studios are booming once again as crypto prices recover

Paxos will partner with Southeast Asia’s largest bank, DBS, for the stablecoin launch.

The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants.Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows merchants to accept ADA payments with “near-instant” settlement in 35 fiat currencies directly in their bank accounts, the firm announced Nov. 27.The…

At least 340 cryptocurrency or blockchain companies were dissolved or liquidated this year in the United Kingdom (UK), British news outlet Sky News reported on Dec. 22.UK crypto companies in 2018. Source: SkyNewsThe aforementioned article also reports that last year, the number of companies in this industry that had been liquidated amounted to 139, nearly…

For the past 17 days, Bitcoin (BTC) price has been trading within a narrow 8.5% range from $27,250 to $29,550, causing the 40-day volatility metric to drop below 40%. This wasn't restricted to cryptocurrencies as the S&P500 index's historical volatility has reached 17%, its lowest level since December 2021.But will $28,000 become the new resistance?…

The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market.Analysts have generally attributed the short-term fall of Bitcoin to the uncertainty around the COVID-19 pandemic. On Sept. 21, the Dow Jones Industrial Average…

The rise of Non-Fungible Tokens (NFTs) has created a new frontier for brands looking to engage with consumers in a more meaningful way. However, as more and more brands enter the space, many are discovering that what they have committed to actually requires methodical, continuous effort and engagement that escalates with each milestone. Basically, brands…

The Ethereum/Bitcoin flippening is more than half complete, according to a new metric. 1796 Total views 26 Total shares A new metric from German site The Blockchain Center suggests that the long awaited ‘flippening’ —  where Ethereum overtakes Bitcoin — is more than halfway complete.The newly created ‘Flippening Index’ currently stands at 53.3%. Backtested, it…

Cryptocurrency market analysts unpack the ramifications of consecutive quarters of negative GDP growth in America. 145 Total views 7 Total shares Data from the United States commerce department suggests America has entered a technical recession, but market analysts have highlighted key metrics that suggest investors are optimistic.The American economy shrunk for the second consecutive quarter,…

United States-based crypto startup Bcause LLC will use Nasdaq's trading, clearing and market surveillance technology, Nasdaq announced in a press release today, March 13.According to the announcement, Bcause will use the tech for its spot cryptocurrency market, set to launch via Nasdaq’s Financial Framework platform in the first half of 2019.According to Nasdaq, the tech…