DeFi News Official TheBitTimes.com

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com . The Sandbox and Star Atlas have paved the way for play-to-earn gaming space.  The Sandbox eliminates the need for players to battle each other, and encourages a community approach toward world-building, while Star Atlas offers engaging gameplay set several years in the future, attracting players who enjoy a good adventure. RobotEra, a new metaverse gaming platform, is taking over the metaverse space and has already eclipsed these giants. The platform combines a beautiful setting with multiple ways to make returns and an interesting storyline. The game’s developers are currently conducting a presale of its token. Make Gains in the Metaverse Metaverse gaming has been a thriving space for the past year. Platforms are currently integrating the metaverse as they hope to give players a new experience entirely, and Rob...

As GameFi markets bleed out, one project is making huge shockwaves in the sector. Key GameFi assets have entered freefall this week as chart structure fractures. Investors in leading GameFi projects Decentraland (MANA) and Sandbox (SAND) are in panic. Both of the hyped-up gaming projects have broken below their 200 Day MAs, priming significant downside risk. A look at the MANA chart shows support at $0.70 has failed. TradingView / MANAUSDT Price action seems to be moving towards a cascade of hammering red candles smashing the 200 Day MA. So far MANA is already -26% from local highs. Last time this happened, in the immediate aftermath of FTX, MANA collapsed to $0.40. This likely forms the next floor of support in this breakdown. SAND is also experiencing the start of a cascade of lower-lows. Tightening volatility through February has finally made a decisive move to the downside. TradingView / SANDUSDT With a -29% breakdown from SAND's local highs, price action co...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Hong Kong SAR, Hong Kong SAR, 7th February, 2023, Chainwire Chainflip, the cross-chain DEX set for launch in mid-2023, has initiated its partnership programme and unveiled plans to create a two-way integration between Chainflip and Squid , the recently launched cross-chain token swapping service. This partnership will bring users of both Chainflip and Squid even greater access to cross-chain swaps between a wider variety of blockchains, powered by Axelar . The first task in this new partnership consists of looking to develop a mutual web-interface integration that will see web apps built for each of Chainflip and Squid supporting the other, aggregating swaps to chains that the other cannot yet support. As an example of what this might look like, users of Squid and other Axelar ecosystem products will be able to swap native...

The recent play-to-earn concept, which allows players to earn while entertaining themselves, has led to a rise of metaverse games in the Web3 space. More projects are starting metaverse-focused initiatives, and RobotEra, a Sandbox-esque project, is one of them.  The native token $TARO, which controls the in-world economy, is now one of the best metaverse cryptos to buy today, having raised more than $808,300 in just a few months. Enter Into a World of Freedom RobotEra, unveiled in 2022, intends to meld numerous important Web3 ideas. The RobotEra designers want to produce a project akin to the Sandbox with their project. Thanks to this virtual world known as Taro, players can enjoy a genuine experience and make gains as they play.  The planet's former inhabitants fought against the robots they created, resulting in the world's destruction. The game begins with the robots stranded and attempting to rebuild Taro to make it their home. Players are in charge of ...

Fantom accelerates into a sensational rally continuation after cracking key resistance at $0.50. But will it continue and how high can FTM go? After a difficult period of crypto winter price consolidation throughout 2022. A chapter which has seen Fantom (FTM) stuck in ranging action between $0.16 and $0.44 for 8 months. January was bright, as Fantom bulls continued to carry the rally higher and higher. In a move defying analysts' expectations. Bollinger bands (volatility measure) tightening into Jan 2 set the stage for a steady rally. And then price levels smashed across the floor, like a bull in a china shop. As Fantom surged through past areas of support and resistance. Emboldened by macro sentiment from Bitcoin and the US economy. Bulls have so far sustained a 200% gain throughout January. Despite struggles at $0.35 and $0.40 bulls have maintained their grip. Finally cracking key resistance at $0.50 at the end of January. February now marks a decisive breakou...

Source: AdobeStock / master1305 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Mining news The difficulty of mining a Bitcoin (BTC) block increased by 4.68% on Sunday, following a rise of 10.26% seen two weeks ago, hitting a new all-time high (ATH) of 39.35 T. It had hit its previous ATH of 37.59 T following the previous difficulty adjustment on January 15. Legal news The US, New York Department of Financial Services (NYDFS) is investigating crypto exchange Gemini over its claims related to the safety of customer funds, Axios reported. Gemini reportedly claimed last year that the assets of its Earn product customers were safe due to it being backed by the Federal Deposit Insurance Corporation (FDIC). Current and former FDIC officials told Axios that while the FDIC language Gemini used is misleading, it's unclear whether it actually violat...

C+Charge is looking to make it easy and convenient for electric vehicle (EV) owners to charge their cars and earn. Its native CCHG token is one of the hottest presales in the market, with over $399,000 raised.  Better Value for EV Owners C+Charge is a platform that aims to grow the electric vehicle industry by providing more incentives for owners. The platform, launched last year, is looking to offer an eco-friendly way for EV owners to charge their vehicles and earn.  Over the years, EVs have become increasingly popular, especially among young people who are more tech-savvy and concerned about the environment. And as more companies enter this space, it is widely thought that EVs will be the future of the automotive space. Nevertheless, the landscape remains plagued with inefficiency.  One major problem is that charging remains challenging due to the uneven distribution of charging stations. Also, the current charging stations remain underdeveloped and...

Midjourney AI / Trent Rhode As we look forward to what's in store for the crypto markets through the rest of 2023 , crypto whales have already started acquiring coins as a sign of a potential bull market ahead. But just what are crypto whales buying? In spite of the dip experienced by cryptocurrencies in 2022, innovative and game-changing advancements are still being made with blockchain technology--giving whales and smaller investors something to look forward to in 2023 and beyond.  Although Bitcoin and Ethereum may have taken the spotlight as large cap leaders, there are a multitude of other projects that are leading innovation in many areas of the crypto economy. Many investment options exist for traders looking to take positions in the industry, including within DeFi and real use cases for non-fungible tokens (NFTs) , to name a couple. If you're contemplating investing, you may be asking yourself: is now the best time to begin, and if so, which investmen...

Here is our weekly collection of digital asset listing and de listing , trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listing s and/or de listing s? Let us know here . _________________________________________ AscendEX Listings: PLC Ultima (PLCU)   BigONE Listings:   PLC Ultima (PLCU)   Binance Listings: Rocket Pool (RPL) De listing s : Beam (BEAM)   BitForex Listings:   Fight Out (FGHT) Frax Share (FXS)   BitMart Listings:   Wemix (WEMIX) FALCON (FLN) DeSo (DESO) Rocket Pool (RPL) Giant Mammoth Chain (GMMT) Tupan (TUPAN) Xrp Classic (XRPC) Kryxivia Game (KXA)   Bitrue Listings:   Core DAO (COREDAO) Kudoe (KDOE)   BKEX Listings: FON Chain (FON) Omax Coin (OMAX)   catEx Listings:   Pikachu (PIKACHU)   Changelly Listings:   ABBC Foundation (ABBC) Orbs (ORBS) MXC Foundation (MXC) Chain (XCN)  ...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com Blockchain card gaming is revolutionizing the traditional card game industry by allowing users to retain ownership of their assets. Even more impressive is the fact that players are usually rewarded for participating in their favorite card games. Within this new fledgling industry, one of the most popular card games is Gods Unchained which made its debut in 2018. Like every trailblazing moment, more sophisticated and ambitious projects are also making their debut, and one such is Calvaria: Duel of Eternity. What Is Gods Unchained? Gods Unchained is a decentralized free-to-play online trading card game in the same fold as Magic: The Gathering Arena. It typically allows players to assemble the best deck of cards and compete against one another. Gods Unchained runs on the theme of ‘pay to play’ as it rewards players...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com . Investors are rushing to secure the presale tokens of revolutionary new move-to-earn (M2E) crypto start-up FightOut with just six days until the presale price rises. Move-to-earn is a niche of fitness/lifestyle-focused crypto platforms that allow users to earn by completing movement-based challenges/competitions. In just a few weeks, FightOut has raised an impressive just shy of $3 million, with its FGHT tokens currently selling for 0.0166 USDT each. FGHT is the token that will power FightOut’s web3 fitness ecosystem. But, starting in just over six days’ time, the price of FGHT will begin to rise, before eventually reaching 0.0333 on the 31 st of March. FightOut has set a $15 million hard cap to its presale, meaning the presale will end before the 31 st of March if that ceiling is reached early. FGHT will the...

Source: PVL/Adobe The central People’s Bank of China (PBoC)’s digital yuan is set to expand into the world of wealth management – and has also broken new ground in the field of education. According to Shanghai Securities News, the Hong Kong Stock Exchange-listed brokerage and investment bank China Galaxy Securities will allow digital yuan-paying customers access to over-the-counter wealth management products. The company will roll out the products to a select number of customers in Beijing and other parts of the digital yuan pilot zone. But, eventually, customers around the country will be able to put their digital yuan holdings into public funds and other investment vehicles. The firm has some 13 million brokerage customers. Further moves could see the company – thus far the only brokerage to have been granted PBoC permission to deal with the digital yuan in this manner – offer digital yuan users securities-buying options. Wealth Manage...

Disclaimer: The Industry Talk section Features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The move-to-earn space's biggest project STEPN enjoyed a huge surge on Monday as investors pushed its price up more than 30% to a 24hr high of $0.34. Trading volume also increased by 100% and while there was a slight correction, GMT is still over $0.31 - it's best price in almost a month. However, the token has still had hugely disappointing performance in recent months and remains more than 90% down from its April 2022 all-time high, when it reached almost $4 with a market cap of $2.5 billion. Now, there is a new contender on the block that is seeking to knock STEPN off the top spot and become the best M2E project in the space. That project is Fight Out, which has ambitious plans to develop a fitness app and build real-world gyms - as well as avoid some of the pitfalls that have plagued the STEPN community. Unlike...

Image Source: Twitter / @BrettHarrison88 Brett Harrison, former president of the now-bankrupt cryptocurrency exchange FTX US, has said he will share more details regarding the exchange when the time is good.  In response to a Twitter user who asked Harrison what did he know about FTX US and when did he know it, he replied, "I’ll share in time." He didn't provide any further information nor did he reply to a question asking whether he’s working with US regulators or prosecutors.  He also replied to a Twitter user expressing surprise that he’s “not in jail” with the response “use powers of inference.”  Harrison joined FTX as president of FTX US in May 2021 and announced his departure in late September 2022. At the time, he didn't disclose why he is leaving his role but said he will remain as an advisor at the company. He added: "I’m remaining in the industry with the goal of removing tec...