Web3 gaming won’t exist in 5 years, $656K for best crypto game pitch: Web3 Gamer
Crypto VCs reveal why last cycle’s games sucked, Mega Cricket League review, plus $656K up for grabs in crypto game Shark Tank: Web3 Gamer.
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Early Bitcoin bull market buyers are hodling strong, but short term trading increasing
Data from Glassnode shows that bulls who accumulated during the second half of 2020 are still holding strong, despite a surge in short-term speculation this year. 5610 Total views 22 Total shares Bitcoin buyers from the early phases of the bull run are still hodling despite BTC’s meteoric surge into new all-time highs, according to…

UPDATED: Wilshire Phoenix Files With SEC for Publicly Traded Bitcoin-Backed Fund
Investment firm Wilshire Phoenix just filed with the SEC for a tradeable Bitcoin fund similar to the Grayscale Bitcoin Trust. 1131 Total views 30 Total shares Alternative investment firm Wilshire Phoenix has filed an S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC, for a publicly traded Bitcoin Fund in line with…

Illuvium partners with Virtuals, bringing autonomous AI NPCs to its games
Illuvium says the partnership with AI agent protocol Virtuals will allow its in-game NPCs to adapt quests, dialogue and challenges based on the player’s actions.

BitMEX Defends Insurance Fund Being ‘Barely Used’ in BTC Price Crash
Bitcoin (BTC) derivatives exchange BitMEX continues to field criticism after attempting to explain a mass liquidation event during which BTC/USD crashed 60%.In a blog post on March 23, BitMEX addressed what it says were “a number of questions” from traders since the event occurred eleven days ago.BitMEX: insurance fund functioned as normalAt the time, BitMEX…

Launch of Binance US Can Have Far-Reaching Effects on Crypto Market
From the outside looking in, the United States seems to present a host of amazing financial opportunities. However, when it comes to launching cryptocurrency exchanges or altcoin trading platforms, these possibilities start to dwindle and fade quite rapidly. In this regard, over the past few years, the U.S. regulatory landscape has seemed so hostile toward the…

Crypto Custodian Secures $6.2M in Funding Round Led by Initialized Capital
Montreal-based digital asset custodian Knøx has secured $6.2 million (8.25 million CAD) in a seed round to support its crypto custody service for institutional customers and fiduciaries.The funding round was led by San Francisco-based venture capital firm Initialized Capital, with the participation of financial services giant Fidelity and venture firm iNovia, Canadian technology-focused news outlet…

Here’s why analysts expect ‘choppy’ Bitcoin price action between $42K and $53K
Traders expect Bitcoin price to stay in a “choppy” $42,000 to $53,000 zone until confidence returns to the market. The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin (BTC) price remains pinned below $50,000. Data…

Singapore venture firm launches $100M Web3 and metaverse fund
The startup fund, which is backed by Babel Finance and Huobi Ventures, will back emerging projects that are building for the Web3 and metaverse economies. 564 Total views 5 Total shares Crypto-focused venture firm NGC Ventures has launched a new ecosystem fund dedicated to Web3 projects, underscoring heightened investor demand for startups that are contributing…