Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million

Axie Infinity Sales Record A Massive Slump, Losing Over $120 Million

Before now, Axie Infinity had maintained a solid foothold in the non-fungible token (NFT) space. Through massive sales, it stood as one of the leading and most successful NFT collectibles. The network had recorded almost $4.08 billion in sales volume. But June 2022 sales seem to be a mockery of its feats over the past […]

Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes

Negative CPI Report Causes Bitcoin Market Cap To Lose $15 Billion In 10 Minutes

For the month of June 2022, the US Bureau of Labor Statistics published its Consumer Price Index. The Negative CPI was found to be 9.1%, the largest inflation increase in the US in the previous 40 years. The Federal Reserve’s monetary policy is determined by the CPI, which is a reliable indicator of inflation. Negative […]

As Axie Declines, Other Blockchain Games Emerge as Leaders in the GameFi Economy

As Axie Declines, Other Blockchain Games Emerge as Leaders in the GameFi Economy

In spite of what has been a difficult downturn for the cryptocurrency market, blockchain gaming is proving its longevity for the future through projects showing clear resilience and emerging as new leaders in the space. Axie Infinity (AXS), whose pet-themed trading blockchain game catapulted to notoriety during the economic shutdowns of 2020, has continued its […]

Pépite Crypto : le REN prend du repos avant de chuter ?

Dans cette nouvelle pépite crypto du mercredi, nous allons axer notre analyse technique sur Ren (REN), un protocole décentralisé dont l’objectif est d’assurer l’interopérabilité entre différentes blockchains. Ayant eu le vent en poupe durant les années 2020 et 2021, l’actif a été confronté à une forte baisse. Afin d’étudier les niveaux clés et les scénarios […]

Cornucopias Completes The Largest single NFT Land Sale On The Cardano Network

Cornucopias Completes The Largest single NFT Land Sale On The Cardano Network

Land is the most desirable asset of any metaverse as it bestows exclusive perks upon the owners and in a recently concluded 5-day sale, Cornucopias has set the record for the largest NFT Land sale on the Cardano network. As the popularity of NFTs on the Cardano network continues to grow, more promising projects have […]

Bitcoin endormi, les vendeurs mènent la danse autour du BTC

En difficulté – Depuis fin mars, le Bitcoin a enregistré une chute de plus de 60 % et montre très peu de réaction acheteuse. Le roi des cryptomonnaies semble être endormi et les vendeurs en profitent pour mener la danse. Il est difficile de jauger si le marché est entré dans un bearmarket de plusieurs […]

Inflation Hits New 40-Year High, Will Bitcoin And Ethereum Plummet Again?

Inflation Hits New 40-Year High, Will Bitcoin And Ethereum Plummet Again?

Bitcoin and Ethereum have reacted negatively to the Consumer Price Index (CPI) print in the United States. The metric is used to measure inflation in the U.S. dollar and hit 9.1% for June which represents an increase from May’s results. Related Reading | Social Dominance Rate Of Bitcoin Marks An All-Time High in 2022 At that […]