A new Helika report on Telegram games for Q3 2024 shows strong growth, particularly in NFT engagement and longer player sessions. NFT Activity: The number of unique wallets transferring NFTs surged from 200,000 to over 1 million, with 600,000 wallets actively engaged in in-game NFT transactions. Player Engagement: Average session lengths nearly doubled from 2.8 […]
Mysten Labs has launched the public testnet for the Walrus Protocol, a decentralized storage network designed to efficiently store large data files, such as videos, audio, and images. The testnet, built on the Sui blockchain, introduces several important features, including the ability to delete stored files, a staking system, and an explorer tool that allows […]
Berachain, a prominent layer-1 blockchain network backed by Polychain, is expected to launch its highly anticipated airdrop in 2024, according to most users on Polymarket. Berachain Airdrop Odds on the Rise A recent Polymarket poll, which has gathered over $669,000 in funds, places the likelihood of Berachain launching its token this year at 67%. This […]
Ethereum (ETH) has lagged behind Bitcoin (BTC) in 2024, up only 20% compared to Bitcoin’s 50% rise. This underperformance is partly due to slow growth in Ethereum ETFs and competition from other blockchains. Bearish Technical Indicators for Ethereum Double-Top Pattern: Ethereum formed a double-top around $4,000 and dropped below $2,824, confirming a bearish breakout. Death […]
Kraken has entered the Wrapped Bitcoin race with the launch of its own Ethereum-based token, kBTC. The announcement, made on October 17, reveals that kBTC is fully backed 1:1 by Bitcoin held in Kraken Financial, a Wyoming-chartered depository institution. This means that for every kBTC issued, an equivalent amount of Bitcoin is held in reserve, […]
Blockchain analytics firm Nansen has announced a new integration with the Solana network, introducing advanced token and wallet tracking tools to enhance data analysis for the ecosystem. The integration, revealed on October 17, will enable Nansen to offer comprehensive wallet attribution and data analytics, previously unavailable on Solana. Key features of Nansen’s integration with Solana […]
Animoca Brands, the Hong Kong-based game developer and blockchain venture capital firm, announced on October 17 that it plans to purchase more WATCoin tokens from the open market. This move aims to support WATCoin’s role within the broader The Open Network (TON) ecosystem. Following the announcement, WATCoin’s price surged by 40%, reflecting positive market sentiment […]
The crypto market sentiment is seeing a major shift as leading digital assets continue their bullish momentum. According to data provided by CoinMarketCap, the crypto fear and greed index entered the 60 zone today, signaling slightly greedy market conditions. The crypto market has entered the “greed zone” for the first time in six weeks, marking […]
U.S. Spot Bitcoin ETFs Continue to See Strong Inflows, While Ether ETFs Rebound Spot Bitcoin ETFs in the U.S. have recorded their fourth consecutive day of net inflows, totaling $458.54 million on October 16, bringing the cumulative inflows for the period to over $1.63 billion. BlackRock’s IBIT, the largest Bitcoin ETF by assets under management, […]
Binance Labs, the venture capital and incubation arm of Binance, has invested in Lombard, the crypto project behind the Bitcoin liquid staking token LBTC. This investment aims to help Lombard expand its LBTC token to new blockchains and grow the DeFi landscape for Bitcoin holders. Launched in August 2024, Lombard’s LBTC token allows users to […]