Sky Mavis Lays Off Staff for Strategic Focus

Sky Mavis, the developer behind the renowned altcoin game Axie Infinity (AXS), has announced plans to reduce its workforce by around 50 employees from a total of 250. The company’s leadership clarifie...

Cantor’s Howard Lutnick prepares to leave all companies, passes Tether deal to his son

Howard Lutnick, the powerhouse behind Cantor Fitzgerald, is officially stepping away from all his business roles. With his nomination as Commerce Secretary under President-elect Donald Trump, Lutnick ...

Bitcoin ETF Surge: Market Response Fuels Optimism for BTC’s Future Growth

On November 25th, Matrixport reported a notable development in the cryptocurrency landscape with BlackRock’s launch of the Bitcoin ETF (IBIT), which has attracted significant market engagement. The ro...

Shiba Inu and Avalanche Continue to Enjoy Massive Popularity, But a New Crypto Presale Is Making Waves In The Fourth Quarter Up 180%

A new DeFi project is creating waves and might soon outshine even Shiba Inu (SHIB) and Avalanche (AVAX) despite their amazing price rises. Rising as a unique DEX, Lunex Network (LNEX) is creating a lo...

South Korea Debates Crypto Tax Bill Today: What to Know

South Korea is set to discuss the potential implications of the crypto taxation bill in a meeting today. The bill, set to be implemented in January 2025, aims to levy tax on gains exceeding 50 million...

Shocking Event in Altcoin Delisted by Coinbase! There Was a Huge Collapse in Its Price on Binance!

An interesting situation occurred with Wrapped Bitcoin, which was launched in 2019 to offer Bitcoin investors the option to use the asset in decentralized finance applications. The price of Wrapped Bi...

Investors warn strong US dollar set to hit emerging market bonds

A Financial Times report revealed that investors are concerned about a stronger US dollar under incoming president Donald Trump’s presidency. The report highlighted that investors expect a stronger do...

Ethereum Confronts Brief Price Dip Post Recent Upward Rally

Ethereum price has witnessed a modest dip of 0.60% in the last 24 hours.  Its daily trading volume has dropped by 20.41% as per CMC data. In attempts to wake up from the weekend slumber, the crypto ma...

Top Altcoins to Buy Right Now For 50x Profits This Crypto Bull Run

Recently Kyle Doops, host of Crypto Banter’s Trading Show, has revealed many new altcoins that weren’t part of previous market cycles. While altcoins haven’t yet broken out, he sees strong signs of a ...

Top 3 Cryptos To Watch In 2024: Ethereum, Near Protocol, And Qubetics

The world of cryptocurrency is constantly evolving, and as we head into 2024, savvy investors are hunting for the Top 3 Cryptos to Watch in December 2024. Among the hottest names making waves are Qube...

Binance to Introduce BNBUSDT and SOLUSDT Monthly Options

Darius Baruo Nov 25, 2024 08:57 Binance is set to launch BNBUSDT and SOLUSDT monthly options on November 26, 2024, expanding its European-style options offerings. In a strategic move to expand its off...

German IFO Business Climate Index falls to 85.7 in November vs. 86.0 expected

German IFO Business Climate Index misses estimates with 85.7 in November. The IFO Current Economic Assessment Index dropped to 84.6 in the reported month. The headline German IFO Business Climate Inde...

Decentraland (MANA) Price Surge and Potential Pullback: What’s Next for Investors?

Decentraland’s (MANA) notable 70% price surge highlights a significant recovery in the Metaverse sector, igniting interest among investors. The increase correlates with a surge in active addresses, wi...

Did Ripple Win the SEC Lawsuit? CLO Alderoty’s Mystic Tweet Sparks Rumors

TL;DR While Ripple has secured key partial victories in its lawsuit with the SEC, a complete resolution has yet to be officially announced. The company’s CLO, Stuart Alderoty, praised the resilience o...

Germany IFO – Business Climate below expectations (86) in November: Actual (85.7)

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in...

SAND explodes 53%: Why $0.807 could be the next big target!

SAND breaks its long-term downtrend with a 53.39% surge, eyeing the $0.807 target. Open interest spikes 134.61%, while bullish on-chain metrics signal sustained upward momentum. The Sandbox [SAND], a ...

Moves below 0.5850 toward an oversold zone

NZD/USD depreciates toward the oversold region around the lower boundary of the descending channel at 0.5810 level. The nine-day EMA remains below the 14-day EMA, signaling continued weakness in short...

How A Crypto Trader Lost $3.08M In Seconds?

Amid the complexities of the crypto trading market, many things are out of crypto traders’ control. However, in a few instances, even controllable ones get out of control, causing heavy losses for cry...

Whale Withdraws 499.96 BTC from Binance: Insights on the Latest Bitcoin Movement

On November 25th, COINOTAG News reported a significant movement in the cryptocurrency market as a newly formed wallet executed a notable transaction. Monitored by Spotonchain, this whale activity saw ...

Is This the Last Bitcoin Dip Before 100K?

Bitcoin dropped to $96,000 on Sunday, with $100,000 proving a tough target to breach. Will it keep dropping or will Michael Saylor save the day? It was always unlikely that Bitcoin would shoot through...

SUI tops $980M token unlocks, Solana leads linear unlocks

Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of un...

Sky Mavis Plans New Axie Infinity Game Following Workforce Reduction Amid Shifts in Strategic Priorities

Sky Mavis, the creator of the popular Axie Infinity, announces significant layoffs, reallocating resources towards new game development and strategic initiatives. In a move that underscores a shift in...

Bitcoin’s Declining Dominance Fuels Altcoin Growth

Prominent cryptocurrency expert TechDev has observed a decline in Bitcoin‘s dominance, suggesting the onset of a new season for altcoins. With a following of 481,600 on the social media platform X, Te...

Axie Infinity developer cuts 21% workforce: report

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts. Sky Mavis, the developer of the blockchain-based game Axie Infinity, said it will...

Important Deadlines for Asset Holders

HECO Network will officially retire on January 15, 2025, with HRC20 assets converted into HTX for eligible users. Users must deposit HRC20 assets by January 10, 2025, to exchange them for HTX during t...

Tether Mints $3 Billion in USDT, Potentially Enhancing Market Liquidity and Bullish Sentiment

Tether has made headlines by minting a substantial $3 billion in USDT, a move expected to enhance liquidity and fuel potential bullish trends in the cryptocurrency market. This strategic increase in s...

With a $1 Breakout, Can Fantom (FTM) Price Reach $1.66? 

Despite the sudden increase in volatility in the crypto market, as Bitcoin struggles to eclipse the $100,000 barrier, the altcoins are sustaining a bullish trend. The FTM price has increased nearly 35...

The first CeDeFi wallet enabling crypto transfers via Telegram usernames

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Fintopio simplifies crypto with a Telegram-based walle...

Sky Mavis Announces 21% Workforce Reduction

Sky Mavis, the developer behind the blockchain-based game Axie Infinity, has announced a 21% reduction in its global workforce. This move is part of a larger restructuring plan to secure the company’s...

Raoul Pal Says Most Wild Thing is That Dogecoin is Harder Money than Bitcoin, Expects DOGE to Outperform BTC

Market veteran Raoul Pal insists Dogecoin is harder money than Bitcoin, predicting the meme coin will continue outperforming the industry’s firstborn asset. Pal made this assertion during a recent mar...

Tether boosts crypto liquidity: $3B in USDT minted across ETH and TRX

contributor Posted: November 25, 2024 Stablecoin provider Tether issues $3 billion in new USDT stablecoins across Ethereum and Tron. The significant increase in USDT supply was seen as a bullish indic...

Crypto On-Ramps and Off-Ramps: Unlock the Crypto Highway

In the world of crypto, it is important to understand how to move between regular money, like the US dollar or euro, and digital currencies like Bitcoin and Ethereum. This is where crypto on-ramps and...