hacklink hack forum hacklink film izle hacklink mamibet loginmamibetmamibet loginqqmamibetjojobetbetciobetcioholiganbetmegabahis

Crypto Shuttle News

Tag: high

  • Web3 Gaming Summit in Hong Kong Ends on a High Note | by BitMedia Buzz | Apr, 2024

    Web3 Gaming Summit in Hong Kong Ends on a High Note | by BitMedia Buzz | Apr, 2024

    [ad_1]

    BitMedia Buzz

    HONG KONG, April 16, 2024 — Web3 Gaming Summit in Hong Kong, organized by ABGA, co-hosted by ICC and aelf, supported by Web3Labs and CloudMile, was grandly inaugurated last April 8, 2024. This summit brought together industry leaders, developers, investors, and enthusiasts from leading organizations worldwide who are dedicated to Web3 gaming. It presented an event full of innovation and insight for industry explorers. Participants converged to focus on the topic of Web3 gaming, gaining cutting-edge insights and collectively exploring the limitless potential of Web3 gaming to shape the future blueprint of the industry.

    The Web3 Gaming Summit in Hong Kong commenced with grandeur on April 8, 2024, at 2PM (UTC+8) at Hall 3FG, Hong Kong Convention and Exhibition Center. Esteemed professionals from leading organizations within the industry delivered three keynote speeches and three panel discussions, covering various aspects of Web3 gaming ranging from game technology to business models, and industry trends to future developments. Meanwhile, the Ceremony of ICC Camp, the industry’s first accelerator dedicated to the Web3 Gaming sector, concluded successfully. Thirty-one start-up teams from ICC Camp S1 showcased their projects, taking the stage to share their entrepreneurial insights and experiences. This marked the formal closure of the offline entrepreneurship courses of ICC Camp S1.

    In a keynote speech, delivered by ABGA CEO Yoka Zhou, the focus was on exploring Asia’s leading position in the global Web3 gaming ecosystem. Yoka Zhou delved into how Asia harnesses its vibrant developer community, massive user base, and efficient infrastructure to achieve significant accomplishments in the realm of Web3 gaming. Additionally, she emphasized Asia’s innovative spirit and the importance of top-tier public chains in the gaming industry, highlighting the region’s pivotal role in shaping the future of gaming. ABGA and ICC Camp are committed to driving this momentum, fostering collaboration, and driving excellence in the development of Web3 gaming.

    Abin Arjun, Founder and CEO of Aura, provided a detailed exposition of Aura’s vision for future gaming development and its impact on the global gaming ecosystem. He also delved into the bright prospects of esports in the Web3 gaming sector. By combining Aura’s innovative concepts with the application of Web3 technology, he underscored the potential of esports in the future and explored how blockchain technology can be leveraged to drive the development of the esports industry, bringing more opportunities and innovation to players and developers alike.

    Khaniff Lau, Business Development Director of aelf, showcased the exciting potential of aelf in revolutionizing the landscape of Web3 gaming. Through a dual perspective analysis from both player and developer viewpoints, Lau delved into how aelf’s advanced blockchain technology is redefining the future of gaming. He highlighted unprecedented scalability, operability, and security aelf brings to users and innovative support opportunities for developers. With aelf’s innovation, the Web3 gaming industry is poised for a revolution that will elevate gaming experiences to new heights, creating more opportunities and possibilities for both players and developers.

    ICC Ceremony

    Kevin Shao, the initiator of ICC Camp, Executive Chairman of ABGA, and Co-founder of Bitrise Capital, graced the event to introduce the most focused, experienced, and professional Web3 gaming accelerator in the industry — ICC Camp. Kevin Shao showcased ICC’s robust ecosystem of resources and its visionary launch, while also announcing the official launch of ICC Camp S2. The ICC Ceremony presented a spectacular showcase of 31 outstanding startup projects from ICC Camp S1. Representatives from five projects took the stage to share their insights gained from ICC Camp and express boundless expectations for potential projects looking to join the ICC Camp S2.

    The panel discussion about ‘Does the Future of Web3 Gaming Require Supportive Ecosystems?’ was led by Denzel Lim, Business Development & Ecosystem Growth at aelf, representatives from various projects — Steven Cao, Founder & Head of Growth at GaFin; Chris Chodakowski, Founder of Wizarre Stormfights; and John, Founder of Project Schrodinger — came together to discuss the future of supportive ecosystems in Web3 gaming. The guests shared their perspectives and engaged in a spirited and constructive discussion on how to build a more supportive ecosystem. Their insights led the audience to recognize the importance of a robust ecosystem in supporting the development of Web3 gaming.

    Chris Zhu, CEO of Sonic SVM/Mirror World, moderated the second panel discussion at the event. The guests included Eric, CEO of Cellula; Alexey Stelmakh, BD at Satoshi Universe; Saku, Co-Founder of Matr1x; and SEAKUK OH, BD Lead at TRALA LAB. The discussion focused on the renaissance in the Web3 gaming sector, delving into how to shape innovative trends and developments in the industry. From blockchain-based gaming experiences to decentralized virtual worlds, the guests provided valuable insights into the future exploration of the gaming industry.

    This panel discussion of ‘The Future of Web3 Gaming — From the Perspective of Public Chains’ featured representatives from various top-tier public chains, offering the latest analysis of the future of Web3 gaming. Anderson Sima, Chief Editor of DeThings, moderated the discussion, with representatives including Adam Jin, Advisor at Solana Foundation; Sarah S, APAC BD Lead at BNB Chain; Pascal So, Product Market Strategy at starkware; and John Cho, Marketing VP at Klaytn Foundation. Together, they analyzed the future of Web3 gaming from the perspective of public chains, covering topics such as scalability solutions and cryptographic ecosystems. Their insights provided valuable perspectives on the evolution of gaming in the Web3 era.

    At this event, industry pioneers and practitioners shared valuable experiences and insightful perspectives, bringing abundant benefits to the participants. Their contributions not only deepened our understanding of the Web3 gaming industry but also showcased its unlimited potential and vast prospects for development. We express our gratitude to all participants, guests, and partners for their efforts and contributions, making this event a hub for knowledge exchange and innovative thinking.

    Web3 gaming is currently in a rapid development phase, and we anticipate that this cutting-edge and advanced Web3 gaming summit will drive industry transformation, bringing more surprises and opportunities to global players. Let us look forward to the SG WGS hosted by ABGA during the token2049 in September, where we can reunite and collectively explore the future landscape of Web3 gaming!

    About ABGA

    The Asia Blockchain Gaming Alliance (ABGA) is a non-profit blockchain gaming alliance initiated by leading institutions in the gaming industry to gather industry information, screen outstanding teams and companies, broaden investment horizons and promote the development of the blockchain gaming industry. Help Asian power quality projects and teams based in Asia, go to the world!

    About ICC

    ​​​IMAGINE CREATION COMBINATOR (ICC) provides high quality industry conference, event planning and organization services to practitioners in the WEB3 gaming space. Our events bring together key industry leaders and innovators, providing an important platform to discuss industry trends, connect resources and showcase innovations.

    About aelf

    aelf, a high-performance Layer 1 featuring multi-sidechain technology for unlimited scalability. aelf blockchain is designed to power the development of Web3 and support its continuous advancement into the future. Founded in 2017 with its global hub based in Singapore, aelf is one of the pioneers of the mainchain-sidechain architecture concept.

    [ad_2]

    Source link

  • Bitcoin Hits Two-week High Imitating The Stock Rally

    Bitcoin Hits Two-week High Imitating The Stock Rally

    [ad_1]

    Cryptocurrencies are seeing a significant recovery as investors take advantage of the recent stock market rally and increased risk appetite. Bitcoin hits its highest in two weeks, extending gains from earlier this week that had seen it climb to $41,938 per coin on Saturday morning (Jan 24th).

    Related Reading | Bitcoin mimics stocks rally, hits two-week high

    Bitcoin, the largest digital currency globally, has hit $41,938. It is 16% high from Thursday’s low and 27% from the current year’s low of $32,950.

    Bitcoin Price
    Bitcoin price hits two weeks high of $41,938. Source: Tradingview.com

    Ether, the second-largest digital currency, has scaled new heights, reaching $3K for the first time since January 21.

    Bitcoin recorded its biggest single-day gain since mid-June as fears of faster than expected Fed rate hikes led to an increase in inflation, with the cryptocurrency also being roiled by technological innovation. However, Friday’s 11% rise was enough to consider haven against this trend and get some positive press at least until Monday when everything will likely go back down again.

    Bitcoin Price Recovery: Thanks to Amazon

    Despite a long week of volatility from earnings, US stocks ended the week strong. The tech-heavy NASDAQ secured gains thanks to Amazon’s robust growth and Facebook owner Meta Platforms’ disappointing results that evening gave them more confidence in their business models moving forward.

    Related Reading | Amazon Strong Growth Attributed to the Cloud Despite Retail Headwinds

    Bitcoin has moved seamlessly into the mainstream. That resulted in investors looking to get in on the action when risk appetite is low. Ed Hindi, Chief Investment Officer of Tyr Capital, said;

    “The current panic and volatility surrounding bitcoin are based on a fundamental misunderstanding of it as an asset class. When valuations on the Nasdaq fall, misguided institutional investors start liquidating bitcoin positions en masse as if it were a tech stock.”

    The recent rise in the stock market has given other listed crypto assets a boost. As a result, some currencies even reached new highs.

    BTC Price Prediction

    Though prices for Bitcoin have seen a significant drop in the last week of January and were sitting at 47% of their all-time high, the cryptocurrency recovered slightly after reaching a low of $33K on Jan 24, 2022, and is worth about $42k.

    Buy, sell and hold? Analysts are split on whether or when to buy cryptocurrency. But more than half believe this is a good time for buyers, with only 45% disagreeing.

    The experts from the top fintech companies predict that by the end of 2022, bitcoin will reach an all-time high of $93,717 – more than 24K dollars higher than its current all-time high price.

    This is a great time to invest in cryptocurrency. Experts predict that by the end of 2025, bitcoin will trade at $192k and mount up over 300% from its November 2021 peak and reach nearly half a million dollars by 2030. While these predictions may seem lofty goals at first glance, they’re significantly less than what experts predicted back in July 2021 when their last forecast said bitcoins prices could reach 265k or 706K, respectively.

                       Featured image from Pixabay, chart from TradingView.com

    [ad_2]

    Source link

  • BTC Mining Difficulty Hits All-Time High

    BTC Mining Difficulty Hits All-Time High

    [ad_1]

    In addition to a sharp plunge in its price, BTC saw a spike in its mining difficulty level. The number increased by almost 9% within 24 hours yesterday. Earlier this month, the Bitcoin hash rate topped the level of 183 Exahash, the highest level on record.

    “BTC mining difficulty increased by +9.3% today, hitting a new ATH,” crypto analytics platform Glassnode noted. Finance Magnates recently highlighted a sharp jump in old Bitcoin supply.

    Bitcoin hash rate dropped by nearly 54% in May 2021 after China imposed a ban on the mining of digital currencies in the region. While the hash rate has recovered substantially, the mining difficulty has climbed as well.

    BTC is currently going through a major correction. The digital asset reached a low of almost $34,000 on Saturday. One of the biggest reasons behind Bitcoin’s recent dip is an enormous rise in exchange inflows. According to Glassnode’s data, Bitcoin exchange inflow volume reached its highest level in 4 weeks today. “Bitcoin Exchange Inflow Volume (7d MA) just reached a 1-month high of 1,279.853 BTC. The previous 1-month high of 1,277.577 BTC was observed on 12 January 2022,” the data shows.

    Russia’s Potential Crypto Mining Ban

    Earlier this week, reports emerged about Russia’s potential ban on crypto mining in the country. Being one of the top destinations for global crypto mining companies, Russia holds a significant place in the international digital asset ecosystem.

    “The Bank of Russia has hinted at the possibility of a sweeping ban on crypto many times before so this recent development is hardly surprising. Importantly, the ban will also outlaw any crypto mining activities. As this would negatively affect Bitcoin’s hash rate, some investors may be wondering whether the ban, when enforced, could result in more selling pressure on the price of this asset. This, however, is unlikely to happen. Russia hosts a little more than 10% of Bitcoin’s current mining power,” Anto Paroian, Chief Operating Officer at ARK36, said.

    In addition to a sharp plunge in its price, BTC saw a spike in its mining difficulty level. The number increased by almost 9% within 24 hours yesterday. Earlier this month, the Bitcoin hash rate topped the level of 183 Exahash, the highest level on record.

    “BTC mining difficulty increased by +9.3% today, hitting a new ATH,” crypto analytics platform Glassnode noted. Finance Magnates recently highlighted a sharp jump in old Bitcoin supply.

    Bitcoin hash rate dropped by nearly 54% in May 2021 after China imposed a ban on the mining of digital currencies in the region. While the hash rate has recovered substantially, the mining difficulty has climbed as well.

    BTC is currently going through a major correction. The digital asset reached a low of almost $34,000 on Saturday. One of the biggest reasons behind Bitcoin’s recent dip is an enormous rise in exchange inflows. According to Glassnode’s data, Bitcoin exchange inflow volume reached its highest level in 4 weeks today. “Bitcoin Exchange Inflow Volume (7d MA) just reached a 1-month high of 1,279.853 BTC. The previous 1-month high of 1,277.577 BTC was observed on 12 January 2022,” the data shows.

    Russia’s Potential Crypto Mining Ban

    Earlier this week, reports emerged about Russia’s potential ban on crypto mining in the country. Being one of the top destinations for global crypto mining companies, Russia holds a significant place in the international digital asset ecosystem.

    “The Bank of Russia has hinted at the possibility of a sweeping ban on crypto many times before so this recent development is hardly surprising. Importantly, the ban will also outlaw any crypto mining activities. As this would negatively affect Bitcoin’s hash rate, some investors may be wondering whether the ban, when enforced, could result in more selling pressure on the price of this asset. This, however, is unlikely to happen. Russia hosts a little more than 10% of Bitcoin’s current mining power,” Anto Paroian, Chief Operating Officer at ARK36, said.



    [ad_2]

    Source link

  • Joe Rogan Holds High Hopes For The Cryptocurrency Industry

    Joe Rogan Holds High Hopes For The Cryptocurrency Industry

    [ad_1]

    There have been several reactions and comment from prominent personalities about the trend of cryptocurrency from the beginning of 2022. The world’s most prominent controversial podcaster and comedian, Joe Rogan, has just expressed his ‘hope’ for digital assets. He made this confession during a recent podcast interview.

    On January 8, Rogan, through the 1760th episode of his podcast ‘The Joe Rogan Experience,’ deliberated on the crypto future. This discussion was with Adam Curry, his fellow podcaster.

    The estimated number of listeners for every episode of Rogan’s podcast is about 11 million. This is significantly high irrespective of the moves from Spotify in censoring some offensive episodes. Also, Rogan’s podcast bagged the top position of the most popular during 2021 on Spotify.

    The world’s most prominent podcaster stated that cryptocurrency would either entirely fall or become an opportunity for sailing to a better future for human lives.

    Curry stated that several young individuals are moving out on his part. Such moves could be for developing parallel networks and systems. He confirmed his loyalty to Bitcoin by stating that he’s on the BTC train to provide more security for his funds. He lamented the broken money system, causing misery, inflation, and even wars due to its link to oil.

    Related Reading | How the CFTC fine on Coinbase could affect future crypto company listing

    Curry has been the host of ‘No Agenda,’ a right-wing podcast that has received criticisms from the medical community and mainstream media. They believed that Curry has been promoting conspiracy theories.

    Metaverse And Cryptocurrency Vision From Podcasters

    The discussion between Rogan and Curry transcended to the potential of digital Metaverse that Silicon Valley controls. Also, they talked about NFTs and their role within the crypto space.

    Cryptocurrency
    The crypto total market cap stays above $2 trillion | Source: TradingView.com

    Rogan composed a theory for the future where firms could devise their digital tokens. Hence, buying their products will demand that customers utilize the tokens.

    He cited that Apple could achieve that with ease. Rogan explained that the process would be first to buy the digital coins you will use to buy the company’s products. He said that the process is similar to stocks.

    Reacting to that, Curry expressed his disagreement by saying that Rogan’s explanation is different from the plan. Instead, Curry stated that powerful governments and institutions are expected to focus on their Central Bank Digital Currencies, CBDCs.

    He mentioned that individuals would have crypto tokens and wallets allocated from the Federal Reserve. Hence, retail banking will have little or no use.

    Irrespective of the positive vibes from the podcasters in appreciating cryptocurrency, lots of crypto community members are pretty skeptical.

    Related Reading | Did US Regulators Began Offensive Against Crypto Platforms? CFTC Fines Kraken

    The two podcasters, Rogan and Curry, stand within the crypto space as being highly controversial. Rogan is famous for his kicks against ‘political uprightness. So, he had gained past criticism for his jokes that depicts racism, sexism, and transphobia.

    Rogan received payment from CashApp in July 2021 to advertise Bitcoin to his listeners. Also, in November, he got $100,000 as a BTC payment.

    Featured image from Pixabay, chart from TradingView.com

    [ad_2]

    Source link

  • Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021

    Bitcoin daily losses near $4K as S&P 500 hits 69th all-time high of 2021

    [ad_1]

    Bitcoin (BTC) dropped nearly $4,000 on Dec. 28 as the market offered a sharp reminder that the bull run would need to wait. 

    BTC analysts eyes $44,000

    BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

    Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $48,335 on Bitstamp at Dec. 28’s Wall Street open.

    The pair had passed $52,000 the previous day, this marking a three-week high, before pressure from sellers halted progress.

    At the time of writing, Bitcoin circled $49,000 as traders took the opportunity to remind audiences of Bitcoin’s ongoing active range.

    “Humans get bullish at resistance. It’s a thing,” Scott Melker summarized.

    “Still ranging. Nothing has changed.”

    The $52,000 trip indeed failed to attack any of the price levels previously identified as turning points, notably $53,000 — Bitcoin’s $1 trillion market cap mark.

    Popular trader Pentoshi meanwhile identified $44,000 as a potential floor should the downward trend accelerate. Slightly longer timeframes offered a similar outlook based on recent behavior.

    Zooming out, however, and there were bearish considerations on the horizon. William Clemente, the lead insights analyst at Blockware, identified a potential repeat of behavior immediately after 2017’s old all-time high, which led to an entire year of a bear market.

    “Judgment day is coming for BTC,” he warned in Twitter comments.

    Concerns loom over miracle equities readouts

    Bitcoin thus presented a contrast to macro Dec. 28 as the S&P 500 hit its 69th all-time high of the year.

    Related: Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021

    Almost a record in itself, stock market exuberance was already ruffling feathers among pundits concerned about a potential chasm between the numbers and empirical reality.

    As Cointelegraph reported, the United States Federal Reserve will have a decisive role to play in shaping 2022’s market climate when it comes to Bitcoin’s performance.

    In the meantime, however, BTC/USD faces a low-liquidity — and thus potentially high-volatility — holiday season.