Sky Mavis wants to escape Discord, SocialFi boosts gaming revenue: Web3 Gamer - Cryptocurrency news - NewsLocker (2024)

Web3 games build communities on Discord but Sky Mavis wants that to change, SocialFi is the key to increased game revenue, MetaRun review.

Bitcoin Ownership Trends: Short-Term Spike As ETFs Gain Popularity – Report

The winds of change are blowing in the Bitcoin market, bringing a fresh wave of short-term traders while veteran holders remain steadfast in their convictions.
A recent report by Bitfinex Alpha reveals a fascinating dichotomy in investor behavior, with new players chasing quick profits and seasoned hodlers (hold on for dear life) accumulating for the long haul.
Short-Term Surge Fueled By ETF Frenzy
Spot Bitcoin ETFs, financial instruments that mirror Bitcoin’s price, have emerged as a game

Bitcoin gives back gains as 'hawkish' Fed costs bulls a trip to $70K

Bitcoin bulls run out of steam yet again as BTC price action returns to its pre-CPI position.

Self-custodial Bitcoin wallet Bitkit launches on app stores

Synonym's Bitkit, a self-custodial Bitcoin wallet, launches on iOS and Android, promoting user control over BTC transactions without third-party intermediaries.

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Privado ID spinoff takes identity control solution beyond Polygon

Polygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity.

CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk

Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.

UwU Lend faces second hack during $20M reimbursem*nt process

UwU exploiter strikes again and steals $3.5 million from the lend protocol as they begin the reimbursem*nt process.

Bitcoin Price’s Path To $300,000 Cleared By Massive Bullish Pattern, Says Analyst

According to an analysis shared by renowned crypto analyst Gert van Lagen, the Bitcoin price chart has illustrated a significant technical pattern in the 3-day chart (BTC/USD) that could potentially signal an upsurge to as high as $300,000. Known as the “Cup with Handle,” this pattern is celebrated among traders for its predictive reliability and bullish implications.
Unpacking The Massive Bitcoin Cup And Handle Pattern
The Cup with Handle is a bullish continuation pattern that resem

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Inverse futures contract, explained

Inverse futures contracts are a type of derivative where traders use the underlying cryptocurrency (like Bitcoin) as collateral but settle profit/loss in a stablecoin (like USDT).

Curve Finance soft liquidation works, but CRV plunges 28%

Curve Finance’s LLAMMA successfully handled liquidation during a hack attempt, but CRV token fell by 28%, sparking concerns in the DeFi community.

Bitfarms pushes back against Riot’s $950M takeover attempt

Riot's $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests.

Ethereum Longs Crushed! Who Got Burned In The $62 Million Fire Sale?

Ethereum (ETH) bulls got a taste of fire on June 11th as the altcoin’s derivatives market witnessed a dramatic surge in long liquidations. According to data from Coinglass, this event marked the highest level of long liquidations since May 23rd, signifying a significant correction for traders who bet on rising prices.Crimson Chart: Long Positions Liquidated
Overconfident investors piled into long positions, essentially placing a wager that Ethereum’s price would climb. However, the m

Stick With Bitcoin, Avoid Ether, 10x Research Says After Fed Predicts Just One Rate Cut For 2024

ETF inflows resumed Wednesday as U.S. inflation came in lower-than-expected.

Memecoins are a ‘cornerstone’ of crypto: Galaxy’s Novogratz

Galaxy Digital CEO Michael Novogratz has hailed memecoins as the “most powerful narratives out there” but others in the crypto industry are not so confident.

Bitcoin 92-day consolidation is setting up a ‘massive’ rally — Traders

Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders.

Andrew Tate token surpasses MOTHER amid claims of insider activity

Bubblemaps’ analysis claims a handful of wallets purchased 30% of the supply of the memecoin DADDY before Andrew Tate promoted it online.

Bitcoin whales scoop up $1.4B in 24 hours amid market correction

The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.

Bitcoin whales scoop $1.4B in 24 hours this week amid market correction

The huge and sudden uptick in Bitcoin whale accumulation came as Bitcoin supply on exchanges fell to its lowest level since December 2021.

Uniswap Price on the Rise: UNI Eyes Set on Further Gains

UNI price started a fresh increase above the $9.50 resistance. Uniswap is showing positive signs and might eye more upsides above the $10.00 resistance.UNI started a fresh increase above the $9.50 resistance zone.
The price is trading above $9.60 and the 100-hourly simple moving average.
There is a key bearish trend line forming with resistance near $10.15 on the hourly chart of the UNI/USD pair (data source from Kraken).
The pair might aim for more upside if there is a clear move above the $10.

XRP Price on Edge: Potential Slide Resumption Looms

XRP price failed to recover above the $0.50 resistance zone. The price is again moving lower and there is risk of more downsides below $0.4840.XRP is still showing bearish signs and struggled near $0.50.
The price is now trading below $0.4920 and the 100-hourly Simple Moving Average.
There is a key contracting triangle forming with resistance at $0.4950 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could recover, but the bears might be active near the $0.4950 resist

Ethereum Price Slippery Slope: More Downside Risks in Sight

Ethereum price failed to clear the $3,650 resistance. ETH declined again after the Fed decision and now shows bearish signs below the $3,550 level.Ethereum started a fresh decline below the $3,580 support zone.
The price is trading below $3,550 and the 100-hourly Simple Moving Average.
There is a major bearish trend line forming with resistance near $3,610 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could extend losses if it stays below the $3,600 resistance zone.Ethereum Pri

TON flips ETH in daily active users, but that’s not the full picture

TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.

TON flips ETH in daily active addresses, but that’s not the full picture

TON has seen more daily active addresses than Ethereum in 10 of the last 11 days — however, that figure doesn’t include Ethereum layer 2s.

Major Listing Propels This Solana AI-Based Token To New Peaks Beyond $5: Is it Time To Buy?

Solana-based altcoins and artificial intelligence (AI)-based coins have seen a surge in investment and price appreciation in recent months. Among the notable winners is io.net’s native token IO, which surged above the $5 mark and saw a substantial 50% increase within hours of a major listing announcement.
What Drives Investor Interest In io.net?
The world’s largest cryptocurrency exchange, Binance, revealed that io.net would be added to various platforms, including Binanc

Bitcoin Price Rejects $70K: Post-Fed Recovery Fails to Materialize

Bitcoin price started a strong increase above $68,500. BTC even tested $70,000, but post-fed there was a major bearish reaction.Bitcoin started another decline from the $70,000 resistance zone.
The price is trading below $68,550 and the 100 hourly Simple moving average.
There is a connecting bullish trend line forming with support at $67,500 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair could recover but the upsides might be limited above the $68,550 level.Bitcoin Pri

Analyst targets $91.5K Bitcoin next despite Fed’s ‘hawkish tone’

Pseudonymous analyst CryptoCon is confident Bitcoin will surge 25% above current all-time highs — its next big “step” before cracking the cycle’s top of $123,982.

Britain’s public healthcare chief flags rise in crypto trading addiction

NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.

Crypto Analyst Predicts Cardano Price Will Rally 370% To $2, Here’s The Timeline

Cardano is one of the cryptocurrencies that continues to see bullish expectations from crypto analysts. One crypto analyst, in particular, who gets by @Av_Sebastian on X (formerly Twitter), believes that the Cardano price can rise as high as $2, crediting the upcoming Chang upgrade as the reason for this.
Cardano Will Reach $2 Soon
In a post on X (formerly Twitter), the crypto analyst revealed their expectation for the Cardano price, saying it could rally more than 300% from here. Sebastian expl

Is The Crypto Surge Over? Bitcoin Stalls At $72,000 As Investor Enthusiasm Wanes

Recent reports from CryptoQuant analysts on the QuickTake platform highlight a notable decline in market sentiment across Bitcoin and altcoin investors.
According to Crypto Dan, a leading analyst at CryptoQuant, “After Bitcoin’s recent failure to breach the $72,000 mark, there is a noticeable cooling off of investor enthusiasm.”Bitcoin Slump In Activity Signals Market Adjustment
Data reveals a significant drop in active Bitcoin addresses, signaling a reduction in transactional

Why Is Bitcoin Stagnant Despite ETF Inflows? Report Answers

Glassnode has discussed in a new report the reasons behind Bitcoin moving sideways despite inflows into the spot exchange-traded funds (ETFs).
Why Bitcoin Has Been Stagnant Despite Spot ETF Inflows
In its latest weekly report, the analytics firm Glassnode has talked about how the impressive inflows into the US spot ETFs have failed to make the price break its sideways trend.
The spot ETFs, which the US Securities and Exchange Commission (SEC) approved in January of this year, have provided inves