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  • 3 'blockbuster' titles that could save GameFi — ABGA President
    Cointelegraph.com News - 2 hours ago
    To attract more users and make blockchain gaming more mainstream, Kevin Shao says future titles should find a “balance” between and accommodate different users’ tastes. Kevin Shao, Executive President of the Asia Blockchain Gaming Alliance (ABGA) says he’s holding out hope for three “triple-A” blockchain gaming titles that could help propel GameFi into the mainstream and rescue it from the bear market.Speaking to Cointelegraph during Asia Crypto Week, the Executive President said one obstacle preventing mainstream adoption is current GameFi titles often have a focus on non-fungible tokens (NFTs) and play-to-earn (P2E) features without caring about “game performance,” and users’ enjoyment. In a P2E model, gamers typically buy an NFT in order to play the game and can win gaming tokens which can then beconverted into Bitcoin (BTC), Ethereum (ETH), fiat currency, or stablecoins.While he acknowledges these current GameFi titles are enjoyable for a lot of people, Shao says future titles…
  • Anonymous makes numerous allegations against Yuga Labs and its Bored Ape Yacht Club
    Cointelegraph.com News - 3 hours ago
    The Internet hacktivist group called on high-profile celebrities and big brands to speak up and take a stand. On Sept 26, internet hacktivist group Anonymous released a video addressing blockchain technology company Yuga Labs and its NFT-driven social club, Bored Ape Yacht Club (BAYC).The group’s statement included a laundry list of allegations regarding Yuga Lab’s alleged use of esoteric symbolism in BAYC’s art — which Anonymous believes shows the company’s support for numerous controversial subjects, such as Nazism, racism, simianization, and pedophilia.The hacktivist group alleged that, after thorough research and interviews with key figures, it can confirm “without a shadow of doubt” that the Bored Ape Yacht Club (BAYC) and Yuga Labs are guilty of hiding these esoteric symbols in plain sight — a conclusion the company and project both openly protest.The group cautioned against relegating its accusations to baseless “conspiracy theory,” adding that people who do so are “simply…
  • UFC fighter El Ninja to become first argentinian athlete paid in crypto
    Cointelegraph.com News - 3 hours ago
    Beyond the Octagon, Guido Cannetti fights Argentina’s 78% inflation rate with USDC stablecoin. Guido Cannetti, an Argentinian Ultimate Fighting Championship (UFC) fighter, is now the first martial arts athlete in the country to receive 100% of his salary in stablecoins, amid rising inflation and Argentina’s economic deteriorating, announced the crypto payroll company Bitwage on Monday.Dubbed El Ninja, he returns to the Octagon on October 1st in the United States to face the local fighter Randy Costa. According to Bitwage, Guido will receive his payment in USDC stablecoin via the Stellar Network on Vibrant, a wallet application developed by the Stellar team specifically for Argentines experiencing inflation.As per official government figures’, inflation in the 12 months through August was 78.5% in the country, whereas prices in the first eight months of the year were up 56.4%. Argentina’s central bank predicted a 95% inflation rate for the year, while some private analysts…
  • USD/JPY Rate Approaches Yearly High Ahead of US PCE Report
    DailyFX - Market News - 45 minutes ago
    Fresh data prints coming out of the US may prop up USD/JPY as the Personal Consumption Expenditure (PCE) Price Index is expected to show sticky inflation.
  • Crude Oil Price Rebound Keeps RSI Out of Oversold Territory
    DailyFX - Market News - 4 hours ago
    The price of oil may stage a larger rebound over the coming days as long as the Relative Strength Index (RSI) holds above 30.
  • S&P 500, Nasdaq 100 and Dow Subdued Amid Persistent Risk Off Mood
    DailyFX - Market News - 5 hours ago
    Major U.S. equity indices erased earlier gains and finished in mixed territory amid lingering fears of global recession as Treasury yields put in another major jump.
  • Australian retail sales data for August +0.6% m/m(expected +0.4%)
    Forexlive RSS Breaking News Feed - 15 minutes ago
    <p>Australian retail sales data for August up 0.6% m/m</p><ul><li>expected +0.4%, prior +1.3%</li></ul><p>–</p><p>AUD/USD is lower, the USD is rising pretty much across the board. </p><p>And, more broadly 'risk' is lower, </p><ul><li>ES circa -0.4%, NQ – 0.4% in Globex overnight (US time) trade</li></ul> This article was written by Eamonn Sheridan at forexlive.com.
  • PBOC sets USD/ CNY mid-point today at 7.1107 (vs. estimate at 7.1095)
    Forexlive RSS Breaking News Feed - 30 minutes ago
    <p>People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.CNH is the offshore yuan. USD /CNH has no restrictions on its trading range.A significantly stronger or weaker rate than expected is typically considered a signal from the PBOC.The previous close was 7.1800</p><p>–</p><p>PBoC injects 133bn yuan of 7-day reverse repos at an unchanged rate of 2.0%& injects 67bn yuan of 14 data RRs at an unchanged 2.15%2bn yuan of RRs mature todaythus a net 198bn yuan injection today</p><p>–</p><p>Meanwhile USD/CNH has hit 7.21, weakest for offshore yuan ever. </p><p>eur</p> This article was written by Eamonn Sheridan at forexlive.com.
  • White House Economic Adviser Deese more progress is needed to reach an agreement with Iran
    Forexlive RSS Breaking News Feed - 1 hour ago
    <p>Deese has been on the new wires, not saying too much beyond mom and apple pie sort of stuff. </p><p>A pertinent comment on the Iran nuke talks though.</p><p>Also says he does not anticipate the need for a global accord to adjust currency values. </p> This article was written by Eamonn Sheridan at forexlive.com.
  • Bitcoin Price Rejected $20,000, Have The Bulls Lost Steam Again?
    NewsBTC - 45 minutes ago
    The Bitcoin price surged over the last 24 hours. However, the bulls have lost steam on the chart. The coin gained nearly 4% in the last 24 hours, but most gains were reversed at press time. In the last week, BTC made no progress in terms of price movement. Technical indicators were yet to reflect the minor bullish spell as the indicators remained bearish at the time of writing. On one hand, sellers continue to dominate the market and, on the other hand, the bulls continue to defend the two crucial support levels of the coin. The current support zone lies between $19,000 and $18,600. If the bulls make a comeback, then the coin can again touch the $20,000 mark. A move above the $20,000 mark will help Bitcoin price propel above the $25,000 mark. The global cryptocurrency market cap today is $980 billion, with a 1.0% positive change in…
  • Solana Clears 100 Billion Transaction Count As NFTs Gain Prominence
    NewsBTC - 2 hours ago
    The Solana network had been one of the winners of 2021 after gaining widespread popularity among crypto users. Its incredibly fast transaction times had been one of the pulls, as well as the ability for developers to create decentralized applications (DApps) on the network. Since the beginning of 2022, the network has been racing toward an important milestone, which it has now successfully broken through.  Solana Surpasses 100 Billion Transactions Solana’s transaction count had been ramping up over the last couple of months. In just 2 years, it has become one of the most used blockchains in the space. Solana had taken the decentralized finance (DeFi) and non-fungible tokens (NFTs) space by storm, now commanding the second-largest market share of the NFT space of any blockchain. Related Reading: Why Investing In Terra Classic (LUNC) May Be A Bad Idea Last week, the network made it past the 100 billion transaction…
  • Bitcoin (BTC) Price To Reach In Millions By 2030, Says Analyst
    NewsBTC - 2 hours ago
    A well-known, conservative crypto analyst gave a bullish commentary about the price of Bitcoin. According to a YouTuber, further proliferation of the digital asset will cause a steady rise of BTC to a million dollars. On a YouTube video, InvestAnswers signaled that BTC is approaching diminishing returns. Diminishing return is when an asset gets to a point where increased future investment yields less profit. The crypto analyst said that BTC yields investors five times less profit every new market cycle in comparison to the previous one.  Related Reading: Bitcoin Price Crashes To $19,000, But Stays Strong Against Other Assets Bitcoin Primed To Trade For Millions Of Dollars By The Year 2030 However, the analysts gave a different view on bitcoin that was in contrast with the apparent diminishing return of the digital asset. They cited that the value of networks grows as the number of participants increases, according to Metcalfe’s…
  • South Korea Seeks to Freeze 3,313 Bitcoin Allegedly Linked to Luna Founder Do Kwon
    Bitcoin News - 1 hour ago
    South Korean prosecutors are seeking to freeze 3,313 bitcoins at two cryptocurrency exchanges allegedly tied to luna founder Do Kwon. The coins were moved soon after a South Korean court issued an arrest warrant for the Terraform Labs co-founder. Luna Foundation Guard has denied transferring the coins. Korean Authorities Ask Crypto Exchanges to Freeze Bitcoin […]
  • Frankfurt’s Euro Sculpture Is Saved by New Sponsor CAIZ Development
    Bitcoin News - 2 hours ago
    PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels of vandalism. The independent non-profit association Frankfurter Kultur […]
  • Celsius CEO Alex Mashinsky Resigns Amid Tumultuous Bankruptcy Proceedings
    Bitcoin News - 3 hours ago
    On Tuesday, September 27, 2022, Celsius Network CEO Alex Mashinsky submitted a letter of resignation from the company. Mashinsky added that he still plans to help the embattled crypto lender “achieve a successful reorganization.” Alex Mashinsky Resigns From Embattled Celsius — Founder Apologizes for the ‘Difficult Financial Circumstances’ After Celsius paused withdrawals on June 12, […]
  • EUR/USD Price Analysis: Lagarde Vows not to Support “Policy Errors”
    Forex Crunch - 15 hours ago
    Italy has a new government that might change policies affecting ECB’s job. Lagarde has promised not to support nations that commit policy errors. Changes in fiscal policy could worsen the inflation situation in the eurozone. Today’s EUR/USD price analysis is bearish as vulnerable Italy faces political uncertainty that comes with a new government. In response … Continued The post EUR/USD Price Analysis: Lagarde Vows not to Support “Policy Errors” appeared first on Forex Crunch.
  • USD/CAD Outlook: OPEC+ Ready to Intervene to Pause Price Decline
    Forex Crunch - 17 hours ago
    Oil prices are rising due to possible supply cuts, boosting the Loonie. The rising dollar and looming global recession have weighed on oil prices. OPEC+ is ready to intervene and stop sharp oil declines. Today’s USD/CAD outlook is slightly bearish as the Canadian dollar strengthens on rising oil prices. Tuesday saw an increase in oil … Continued The post USD/CAD Outlook: OPEC+ Ready to Intervene to Pause Price Decline appeared first on Forex Crunch.
  • USD/JPY Price Exhausted Below 144.99 Resistance, Eying CB Consumer
    Forex Crunch - 17 hours ago
    The USD/JPY pair maintains a bullish bias despite the current retreat. After its strong growth, a sell-off is natural. 144.99 stands as an important upside target. The USD/JPY price rallied in the short term as the greenback boosted while the Japanese Yen remained on the back foot. -Are you looking for automated trading? Check our … Continued The post USD/JPY Price Exhausted Below 144.99 Resistance, Eying CB Consumer appeared first on Forex Crunch.