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“# Gaming VC Bitkraft launches $75M investment fund for blockchain gaming ” E-sports investment platform Bitkraft VC has established a $75 million token fund for investing in blockchain gaming and digital entertainment. The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups at any business development stage. Apart from…
“# Amount of ETH held by miners reaches highest level since 2016 ” The amount of Ethereum that is being held by miners has reached record levels in U.S. dollar terms as they remain reluctant to sell. The balance held by Ethereum miners is the largest it has been since shortly after the network was…
“# Ethereum price options: All $250M in bearish bets for Friday are underwater ” Ether (ETH) has been facing a bearish regression channel since Sept. 1, although it is currently battling to break its resistance. But despite some headwinds, ETH bulls will likely profit $115 million on Oct. 8’s weekly Ether options expiry. The 21%…
“# Rocket Pool delays launch after vulnerability discovered by rival ” Eth2 staking provider Rocket Pool has postponed its launch after a possible exploit was identified in the protocol’s code. On Oct. 6, Rocket Pool announced the postponement while the team implements a fix for the bug. Rocket Pool tweeted that “relatively minimal” changes are…
“# MakerDAO founder’s plans to address climate change and pivot back to ETH ” MakerDAO founder Rune Christensen has published an essay outlining measures that could be taken to make the protocol a vehicle for addressing climate change. In a lengthy Oct. 5 post published to the MakerDAO governance forum, Christensen asserts that MakerDAO should strive…
“# Price analysis 10/6: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LUNA, UNI ” Bitcoin (BTC) skyrocketed above the $1 trillion market capitalization today, pulling the total crypto market capitalization close to $2.3 trillion. This marks a complete 100% recovery from the June 22 lows when the total crypto market capitalization had plunged to about…
“# AMC Theatres debuts crypto payments for e-gift card purchases ” American cinema giant AMC Theatres is steadily approaching its goal of accepting cryptocurrency payments by year-end, now debuting crypto purchases for electronic gift cards. AMC customers can now buy digital gift cards with cryptocurrencies like Bitcoin (BTC) directly through the AMC website, mobile app…
“# Mirror opens access to its blockchain blogging platform to all ” Ethereum-based decentralized blogging platform Mirror has opened its doors to the wider public after months of running vote-based contributions only. Mirror was launched in December 2020 to enable selected writers to publish on the decentralized blogging platform. Contributors could gain access by getting…
“# Bitcoin price is back at $50K, but exactly how ‘bullish’ are the bulls? ” Cryptocurrency markets rallied 12.5% over the past seven days to reach a $2.44 trillion market capitalization. However, that move doesn’t seem to be inspiring confidence because the same level was tested 16 days ago when a 27% retrace followed ether’s…
“# Price analysis 10/4: BTC, ETH, BNB, ADA, SOL, XRP, DOT, DOGE, LUNA, UNI ” Bitcoin (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect Bitcoin to soar in the last quarter of the year and stock-to-flow model creator PlanB says the “worst-case scenario” for…