Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Web3
Bitcoin Volatility Sparks Chainlink Drop Risk; DigiHorse Rises as a Premier Web3 Gaming Platform
Bitcoin’s recent volatility has put Chainlink (LINK) at risk of an 18% drop, with negative netflows and strategic positioning by whales signaling potential further declines. As Bitcoin’s price prediction suggests a potential crash to $54,000 amid ongoing market uncertainty, investors are bracing for continued turbulence. Meanwhile, DigiHorse Empires is gaining traction in the crypto market as a premier Web3 gaming platform. Its native token, DIGI, has captivated investors during its presale phase, with experts and analysts optimistic about its growth…
10 months ago
Antix Rolls Out AVAGEN Update and Brings Crypto and Web3 to Digital Humans
Antix, a provider of AI-driven solutions, has announced a strategic expansion into Web3 with the goal of creating a more immersive and interactive experience for users. The company's solutions have had a positive effect on traditional industries, and they are now applying their knowledge and human-focused approach to the crypto space through AVAGEN, their technology for hyper-realistic avatars. Upon requesting commentary from the Antix team, Crypto Daily reached out to Roman Cyganov, the founder and CEO of Antix, who shared…
10 months ago
SKALE Introduces Swell: A New Platform to Onboard Web3 Users
San Francisco, United States, August 13th, 2024, Chainwire SKALE Swell demonstrates how building different leads to easier onboarding and can transform community engagement like never before. SKALE, the gas-free invisible blockchain network, announces the launch of SKALE Swell, an interactive platform that will accelerate community engagement and reward participation to welcome millions of consumers into the Web3 space. As a network of EVM-compatible, high-throughput chains, SKALE ensures that Swell makes decentralized technology more intuitive, seamless, and engaging for both natives…
10 months ago
Kokomo Enters Web3 Gaming Space After Angel Investor Round
Multichain gaming system developer Kokomo Games announced its entry into the web3 gaming industry following the conclusion of its angel funding round. One Million and One Kokos — the firm’s first title — is expected to launch on Telegram soon. According to a recent Kokomo Games announcement, the firm’s angel investor funding round was oversubscribed and saw the participation of DAO Jones, including figures like Steve Aoki and Mike Shinoda from Linkin Park. Angels from The Sandbox, Crypto.com Capital, SoftBank, Kraken,…
10 months ago
Web3 Gaming Platform Unioverse Launches Second Flagship Game, Hoverdome And New Hero NFT
Blockchain gaming ecosystem Unioverse launches a new gaming title Hoverdome, a new NFT, and a celebratory tournament with over 15,000 $USDC and 300,000 $UNIO in prizes to be won. Unioverse, a blockchain-based sci-fi franchise and game creation platform, announced the pre-alpha launch of Hoverdome, a racing and combat game, alongside a host of developments and upgrades to its platform. In addition, the platform will also welcome its most-coveted NFT to date, Tor Gret, its third hero NFT following the launch…
10 months ago
ZAN and Mysten Labs Partner to Advance Web3 Infrastructure Development
Palo Alto, CA, August 13th, 2024, Chainwire ZAN, the web3 technology brand of Ant Digital Technologies, plans to run a Sui RPC node with Mysten Labs Mysten Labs, a web3 infrastructure company and the original contributor to the Sui blockchain, today announced a partnership with ZAN, the technology brand of Ant Digital Technologies. With the integration of Sui, ZAN aims to accelerate the development and adoption of its web3 applications. The collaboration will focus on Mysten Labs lending technological support…
10 months ago
Elacity Partners With Particle Network and Beatfarm to Bring Simplified Web3 to Music Superfans
Singapore, Asia, August 9th, 2024, Chainwire Elacity is partnering with Particle Network and BeatFarm to create a more intuitive and accessible way for music superfans to interact with their favorite artists using decentralized technology. This collaboration aims to simplify access and exchange of content within the music industry. By integrating Particle Network’s Wallet Abstraction stack with Elacity’s platform, users will enjoy a simple onboarding experience. Furthermore, since Particle Network has set to enable chain abstraction across the industry through its…
10 months ago
Web3 Gaming Ecosystem Moonveil Raises More Seed Capital To Redefine Blockchain Gaming
The funding aims to advance the development of Layer 2 gaming ecosystems and boost the overall adoption of Web 3 gaming. Moonveil Studios, a Web 3 gaming platform designed for interoperable games, announced a series A funding round, this Thursday. The latest funding round extends its Series A fundraising to $9 million featuring some of the top blockchain/crypto and Web 3 gaming VCs. Moonveil Studios launched in 2023 offering a gamer-first gaming platform that is scalable and provides easy-to-build toolkits…
10 months ago
Bitcoin.com Partners with Playnance to Launch Web3 Game
Bitcoin.com has made waves, introducing an innovative Web3 game developed by Playnance. This new game offers users the chance to predict Bitcoin price movements and earn rewards, providing a smooth way to learn about crypto trading. So, how did this launch happen, and what are the implications for the industry? A Strategic Move Since its inception in 2015, Bitcoin.com has been at the forefront of introducing people to the world of Bitcoin and cryptocurrency. The Bitcoin.com platform offers a wealth…
10 months ago