Excitement is brewing in the mobile gaming community as the release of Rebel Skies approaches. Developed by Faraway Games, this game is poised to revolutionize the industry by combining three distinct gaming genres—action, real-time strategy (RTS), and deck building—into a seamless and immersive experience. Set to launch in October 2024, Rebel Skies promises to push
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The US Securities and Exchange Commission (SEC) Commissioner, Mark T. Uyeda, recently highlighted the importance of developing specialized S-1 registration forms specifically tailored for digital asset securities. During a talk at the Korea Blockchain Week 2024 event, Uyeda emphasized the need to update the SEC’s regulatory tools to address the unique characteristics of digital assets.
Bitcoin, the leading cryptocurrency in the market, has recently experienced a significant decline in its price. Despite initial hopes of a strong bull run this year, Bitcoin has failed to maintain its price above the $60,000 threshold. In fact, some analysts are now warning that Bitcoin could crash below $40,000, painting a grim picture for
The Ethereum market is experiencing a shift as rising exchange reserves indicate a possible new distribution phase. CryptoQuant’s Ethereum Exchange Reserve metric, which monitors the amount of ETH held in exchange wallets, is a key indicator in this scenario. An increase in this metric often suggests that traders are moving their ETH onto exchanges in
Binance CEO, Richard Teng, has publicly criticized the Nigerian government for their harsh treatment of Tigran Gambaryan, an American executive of the exchange who has been detained since February. Teng emphasized the inhumane nature of Gambaryan’s situation, highlighting a viral video that captured Gambaryan struggling to walk into a courtroom. The CEO demanded that Gambaryan
The recent analysis by Santiment has shed light on a concerning trend in the cryptocurrency market. Bitcoin and Ethereum, two of the top crypto assets, have experienced a significant drop in high-value transactions of $100k or more. During the period of March 13-19, Bitcoin recorded 115.1k transactions valued at over $100k each, indicating active participation
The Open Network and its native token, TON, recently experienced a significant price drop of over 90% in just a few minutes on CoinMarketCap. This sudden plunge from $5.2 to around $0.3 left investors shocked and concerned about the stability of the token. However, it was later revealed that the crash was not caused by
The Ethereum price action has been a disappointment for many traders in recent months. The cryptocurrency is currently stuck in a bearish trend, with its price dropping by 23% over the past 30 days. This downward trend has not aligned with the optimistic expectations of ETH investors, especially after the launch of Spot Ethereum ETFs.
Recently, a prominent crypto analyst known as the ‘Titan of Crypto’ shared with his 90,000 followers on Twitter an unprecedented technical pattern taking shape in the market. This pattern involves the formation of a golden cross between the 100-day moving average and the longer-term 200-day moving average. Unlike the typical golden cross, which involves a
The US Securities and Exchange Commission (SEC) has recently voiced its concerns over the proposed repayment strategy in the ongoing FTX bankruptcy case. The plan, which involves repaying creditors through stablecoins or other digital assets, has raised red flags for the SEC. The commission has stated its reservation to challenge these transactions under federal securities