It has been a busy day in terms of news, so let us catch you up on the latest and greatest.
Today’s Agenda:
- Market Watch
- Highlights of the Day
- Motorverse x Mocaverse
- Pixel Tap x Pudgy Penguins
- Project of the Day
- Crypto Corner
- Market Sentiment & Predictions
- Business & Political Insights
Market Watch
Top Gainers
- Core ($CORE): +15.4%
- Injective ($INJ): +11.5%
- Arweave ($AR): +10.1%
Top Losers
- Toncoin ($TON): -3.5%
- Brett ($BRETT): -3.3%
- Uniswap ($UNI): -3.0%
Trending Crypto Sectors/Categories
- Alameda Research Portfolio
- Andreesen Horowitz (a16z) Portfolio
- Delphi Digital Portfolio
Total Crypto Market Cap – 2.531 Trillion
Fear and Greed Index – 69
Top NFT Sale
- Azuki #6976 Sold for 70 ETH
Highlights of the Day
Motorverse x Mocaverse
In a bold move that merges gaming and blockchain technology, Eden Games, under Animoca Brands, has unveiled Cosmic Royale, a groundbreaking kart racing game set within the Motorverse universe. Scheduled for a closed beta release in just under two weeks, Cosmic Royale promises to redefine the gaming landscape by combining the thrill of competitive racing with the innovative potential of blockchain integration.
Cosmic Royale
Drawing inspiration from beloved classics like Mario Kart, Cosmic Royale invites players into a dynamic world where digital vehicle ownership meets high-speed racing. As the flagship title of Cosmic Club, a new social gamification platform within the Mocaverse ecosystem, the game not only aims to entertain but also to reward skill and strategy with tangible incentives.
Pixel Tap x Pudgy Penguins
In a bold and strategic move, Pixelverse recently announced the introduction of Pudgy Penguins to its Telegram-based mini-game, Pixel Tap. This integration brings one of the most beloved characters in the Web3 space into a game that has captured the attention of millions of players in a remarkably short span.
Pudgy Penguins Joins the Pixel Tap Universe
This collaboration injects extra charm into the cyberpunk universe, as Pudgy brings new abilities to the table, including the power to freeze opponents, adding an exciting twist to gameplay dynamics. What’s more, this integration ensures that everyone can now experience the thrill of battling alongside Pudgy in the Pixel Tap arena, regardless of owning a Pudgy Penguin NFT.
Project of the Day
Ripple
Ripple ($XRP), a prominent blockchain established in 2012, continues to redefine global financial transfers with its efficient ledger system. Designed as a faster and more eco-friendly alternative to Bitcoin, Ripple settles transactions in 3-5 seconds at a lower cost.
Currently valued at a market cap exceeding $32.5 billion, $XRP is trading around $0.58. Recent price movements reflect a steady climb, with a 7.5% increase in the last 24 hours, a notable 35% rise over the past week, and a solid 19% gain in the last month. The positive trend follows Ripple’s legal victory against the SEC, contributing to its bullish trajectory amidst growing mainstream acceptance of cryptocurrencies and blockchain solutions by financial institutions.
Crazy Day in Crypto
- Bitcoin has surged back above $65,000, signaling a return to a bullish market trend following a period of decline, with a strong breakout above crucial support levels and moving averages.
- Stripe has introduced crypto purchase capabilities in the EU, enabling online vendors to integrate a widget for users to buy Bitcoin, Ethereum, Solana, and other cryptocurrencies using credit and debit cards.
Market Sentiment & Predictions
- Mt. Gox, once the world’s largest Bitcoin exchange, has moved $6 billion worth of Bitcoin to new wallets, marking a crucial step towards reimbursing creditors and concluding one of the crypto industry’s most infamous hacks.
- Kraken Exchange has received $9 billion in Bitcoin from Mt. Gox trustee for distribution to creditors, with funds expected to be credited to creditors’ accounts within 7-15 days.
Business Talks & Political Insights
- Craig Wright, who previously claimed to be Bitcoin’s creator Satoshi Nakamoto, has admitted he is not Nakamoto following a court order, ending years of unsubstantiated assertions despite lacking conclusive evidence.
Donald Trump has proposed a significant tax policy change aimed at lowering the corporate income tax rate to 15% if he is elected, aiming to stimulate business growth and economic activity.
