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Indeed, the majority of gaming companies around the world were not interested in using blockchain technologies, according to the opinion of 75% of game developers associated with these studios, participating in an early 2023 survey by analytics platform Statista, the results of which were published on January 23. On the other hand, 16% of the respondents said that their studios were ‘somewhat interested.’ Only 7% said the studios were ‘very interested,’ and a measly 2% of the 2,300 respondents stated that their studios were already using cryptos, NFTs, and Web3 to support their games....

One of these factors is the behavior of whales over the previous week. Specifically, around 16 Bitcoin whales, defined as users holding at least 1,000 BTC in their crypto wallets, have abandoned the network or redistributed their BTC supply over the previous seven days, crypto analyst Ali Martinez highlighted in a tweet on April 4. Martinez also posted a chart from Glassnode which shows the steady decline in the number of addresses with a balance of 1,000 BTC or higher, since late March....

Singapore-based cryptocurrency platform Crypto.com has announced the temporary suspension of withdrawals citing suspicious activity affecting its customers. The platform announced development on Twitter stating that ‘a small’ number of users had raised concerns about their accounts. Crypto.com noted that the issue is under investigation but failed to disclose when normal operations would resume but assured funds were safe. Consequently, several users claimed that they had lost their cryptocurrency holdings through unauthorized withdrawals....

Speaking to Kitco News, Roubini asserted that bitcoin has no utility and lacks use cases like gold, and price volatility eliminates the digital currency as a perfect store of value. According to Nouriel, gold has proven over time its stability in high inflation and financial crisis cases. According to Roubini: Roubini sees crypto sector bubble bursting Roubini maintains that bitcoin and crypto are a bubble and will burst soon, maintaining that despite having a market cap of $2 trillion, it will not impact the financial sector....

Indeed, interest in cryptocurrencies around the world has dropped by 16% in the last year, whereas in the United States, it has lost as much as 26%, according to a study by CoinJournal shared with Finbold on August 4. Meanwhile, the Netherlands has recorded the most significant drop in search volume, dropping 37% since 2021, followed by Ireland at 30%, with the United States reaching the third position regardless of accounting for a large part of market volume....

12,235 luxury cars were sold last month according to CommSec’s latest luxury vehicle sales index. The number is double the level of sales in May and is considerably high compared to the 11-year lows recorded in April. These figures cover the sales of 17 luxury brands as reported by The Australian Financial Review. They include Lamborghini, Lexus, McLaren, Aston Martin, Audi, BMW, Maserati, Mercedes-Benz, Bentley, Ferrari, Hummer, Rolls-Royce, Jaguar, and Porsche....

Specifically, the total cryptocurrency exposures reported by banks across the globe amount to approximately €9.4 billion ($9.18 billion), BIS’s Basel Committee on Banking Supervision (BCBS) noted in its Basel III Monitoring Report published on September 30. This makes the total exposure to digital assets of roughly 0.14% of the overall exposures “on a weighted average basis across the sample of banks reporting cryptoasset exposures,” according to the report. Only 0....

As a matter of fact, immediately after the publication of the inflation data, which recorded the rise of consumer prices by 7.7% in October, Bitcoin added as much as $15 billion to its market capitalization in just 15 minutes, according to the CoinMarketCap data retrieved by Finbold on November 10. Specifically, the new inflation data demonstrates a drop below 8% for the first time in seven months and the smallest increase since January 2022....

Through his Twitter account, McGlone noted that Bitcoin and gold are emerging as the long-term beneficiaries of the situation. At the same time, McGlone indicated that crude oil has emerged as the top commodity divergent. Crude oil is in the position as part of making a bounce from the 2020 plunge that emerged amid the coronavirus pandemic. Notably, a key determinant for a commodity recovery is that broad prices show divergent strength when the stock market is in a correction....

Over $7 billion has entered digital currency markets over the weekend taking total capitalization up to $223 billion, its highest level since before the March crash. There have been no wild surges, just a steady grind higher for most crypto assets with Bitcoin leading the way. Since the same time last week markets have gained around 7% as they slowly recover. Bitcoin Buy Signal Flashes Bitcoin has reached resistance at $7,800 according to Tradingview....

The rally has seen Bitcoin hit a new four-week high, with investors monitoring the asset’s price movement for a bottom that would likely usher in a new price breakout. Based on the flagship cryptocurrency’s latest price movement, Kitco News analyst Jim Wycoff on December 13 pointed out that Bitcoin has potentially begun a ‘bullish upside breakout.’ According to Wycoff, Bitcoin bulls have built a near-term technical advantage after a tussle of almost equal strengths....

As it happens, the mining hash rate of the flagship digital asset reached a new all-time high of 240.208 million TH/s on October 2, based on the 7-day moving average which has recorded a steady increase over the recent weeks, as revealed by the Blockchain.com data. Meanwhile, the BTC hash rate, which represents the computing power utilized to process transactions, began its rise in August when the price of the maiden digital asset showed indications of short-term recovery....

As the maiden crypto faces resistance at $23,000, TradingShot, a pseudonymous analyst on TradingView observed that Bitcoin is staring at the dreaded death cross. In particular, the digital asset is approaching the first-ever one-week death cross in history, a scenario that could invalidate the ongoing bullish trendline. Bitcoin’s previous attempts to hit death cross It is worth noting a death cross occurs when the 50-day moving average falls below the 200-day moving average, indicating a bearish trend....

In particular, Bitcoin is reportedly set to achieve a net zero emission by December 2024, becoming the first monetary system to attain the feat, a new study by BatCoinz indicates. According to the study, the Bitcoin network currently has 62.4% zero emissions by factoring in carbon-negative mining. By March 2023, the activity is expected to have 72.7% zero emissions based on newly announced carbon-negative projects. Under the methodology, the researchers calculated the amount of Bitcoin energy emanating from positive carbon sources and then derived the positive carbon quantity....

The new A13 series will contain two distinct models, each of which will be powered by modern ASIC technology. Compared to their predecessors, these new mining models will have greater power efficiency and increased computational power. In particular, the hash rate of the model A1346 is 110 TH/s, and its power efficiency is 30J/TH, whereas the hash rate of the model A1366 is 130 TH/s, which has a power efficiency of 25 J/TH....

In particular, the partnership alongside the Bolnisi Winemakers Association and Scantrust aims to expand Georgia’s wine industry by implementing a traceability solution based on Cardano (ADA) blockchain technology to ensure the authenticity and quality of Georgian wine. In order to enhance Georgia’s standing as a premium wine producer on the global stage, the four partners will collaborate to devise a track-and-trace system that is both adaptable and open to the public....

In a hearing that is scheduled to take place on September 15, Behnam is expected to inform those who are members of the Senate Agriculture Committee: The measure that is being pushed by committee leaders to develop new regulations for the cryptocurrency business, placing Behnam’s agency at the center of government supervision, acknowledges Legislation introduced to give CFTC authority Notably, Sen. Debbie Stabenow (D-Mich.) and the panel’s leading Republican, Sen....

Data acquired by Finbold indicates that China hosts about 70% of the top ten smartphone vendors globally as of 2020. Despite the Chinese dominance, South Korea’s Samsung has the largest market share at an estimated 19.2%. Apple is the only U.S. vendor on the list controlling a share of about 15.1% backed by its luxury products’ brand. Huawei ranks third with an estimated market share of 14.1%. Cumulatively, the top three vendors account for almost half of the global smartphone market at 48....

As it happens, the Citadel CEO finds it ironic that people use assets like crypto to pull away from the government, which, according to him, they still rely on to solve so many other problems for them, as he told the host Scott Wapner during CNBC’s ‘Delivering Alpha’ conference in an interview published on September 28. According to Griffin, a lot of the government stimulus and borrowing at the start of the pandemic “cycled back into speculative assets, in many cases into NFTs, into crypto, into meme stocks....

According to the Delaware suit, Coinbase violated Veritaseum Capital 566 Patent. In essence, the patent represents Veritaseum’s cryptocurrency payment and transfer technology, allegedly used in Coinbase’s Pay, Cloud service, wallet, website, and app. Apparently, an out-of-court settlement was attempted, and with Coinbase unresponsive, the filed suit will target damages of $350 million. Factual allegation point 16. Claims: Furthermore, Coinbase will be forced to stop using the patented technology in its services....