Monthly Archives: January 2023

• Gala Games, a blockchain-based gaming platform, has released its plans for 2023. • These plans include supporting the broader gaming ecosystem, moving to mobile, and carving out market share with four key pillars. • The platform has set aside over $300 million to support projects in the gaming ecosystem, of which 50% has already […]

• Bitcoin has not reacted negatively to the news of Genesis filing for bankruptcy, suggesting that the price of the asset is where it is supposed to be. • This lack of negative movement from bitcoin could cement the digital asset’s path to the upside in the coming weeks. • For bitcoin to trigger another […]

• Polkadot (DOT) has had a strong start to the year, rising 8% in the last seven days. • On-chain activity on the Polkadot ecosystem is booming, with over 550 projects running or in development. • Polkadot has scored major partnerships with NTT Docomo and Square Enix, further strengthening its Web3 infrastructure. Polkadot (DOT) has […]

• Ripple is currently in a court battle with the SEC regarding the classification of XRP. • Whale activity on the market is putting downward pressure on XRP. • Brad Garlinghouse is optimistic that 2023 will bring regulatory clarity for crypto in the US. The crypto space has been abuzz following an ongoing legal battle […]

• Bitcoin exchange deposits have dropped to a 4-year low, suggesting that the bottom of the market has been reached. • The “exchange depositing transactions” metric measures the total number of Bitcoin transfers that are sent to centralized exchanges. • Low values of this indicator suggest that not many investors are applying selling pressure right […]

• Bitcoin investor sentiment has reached a standstill as the digital asset struggles to break out of the $16,000 level. • The crypto Fear & Greed Index has been unable to break out of the fear territory and continues to maintain a score between 26-30. • Sell sentiment has not been as strong as expected, […]

• Polygon (MATIC) has been on a downward spiral for the last couple of weeks, losing 4% of its value in the last 24 hours and 6% in the last week. • The coin has breached several price floors and the most important price floor currently stands at $0.74. • The market capitalization of MATIC […]

• Bitcoin had negative returns of around 65% in 2022, but public crypto companies did even worse. • Coinbase, the popular crypto exchange, had a drawdown of 87%, while Core Scientific, one of the biggest Bitcoin mining companies, recorded a drawdown of 99%. • Most of the major public mining firms saw drawdowns of 90% […]