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Bad News is Good News: Bitcoin Plays With USD 24K as Traders Speculate on Fed Pivot and US Recession
29.7.2022
The price of bitcoin (BTC) traded above USD 24,000 on Friday morning (UTC), reaching its highest in nearly 7 weeks, after news that the US has entered what many consider a technical recession, as well as speculations that the US Federal Reserve (Fed) will soon turn from aggressive tightening...
GameStop CFO Departs Amid Cut-Costing Drive, Web3 Pivot
8.7.2022
GameStop (GME)'s chief financial officer (CFO) Mike Recupero has departed the video game retailer as part of a cost-cutting drive following a hiring spree in the last 18 months
Meta to Slow Hiring in 2022, Hints at Layoffs After Metaverse Pivot
6.7.2022
Meta, the company formerly known as Facebook, is preparing to face a strong market downturn. According to reports, Mark Zuckerberg, CEO of Meta, announced a change in the hiring policies of the company, lowering the number of engineers planned to be hired from 10K to 6-7K. Previously, Zuckerberg...
Square Enix to Reinforce Blockchain Bet, According to Latest Earnings Report
17.5.2022
Square Enix has announced its new mid-term business plan, reinforcing its blockchain pivot according to the documents presented. The company will continue to invest in key companies in the blockchain arena, including Animoca Brands and The Sandbox, and will also consider other investments in...
Square Enix Closes $300 Million Sale of Western Studios to Bankroll Blockchain Pivot
7.5.2022
Square Enix, the influential Japanese gaming and publishing company, has sold its Western studios and some of its Western intellectual properties (IPs) to Embracer Group. The deal, which values these properties at $300 million, will allow the company to focus on the development of new businesses...
Meta Brings Metaverse-Like 3D Ads to Facebook and Instagram
29.3.2022
Meta is bringing interactive 3D ads to Facebook and Instagram feeds, inspired by the metaverse pivot the company has begun to execute since its name change. This is possible due to a new integration in Meta’s AR (Augmented Reality) publishing library with a development from a company called...
First Mover Asia: Singapore-Based Gaming Company Razer Struggles to Pivot; Bitcoin Declines After a Positive Week
20.3.2022
The one-time, would-be "Apple of the Gaming World" failed in its attempt to secure a digital banking license and to reinvent itself into a lifestyle brand; bitcoin falls slightly but holds over $41,000
LimeWire and the Zombie Brands Pivot to Crypto
15.3.2022
LimeWire joins MoviePass and RadioShack in the blockchain resurrections club
Neutrino, Vires Finance and Waves bag 100%+ gain after pivot toward interoperability
9.3.2022
NSBT, WAVES and VIRES have been on a tear since the project developers revealed plans to migrate to Waves 2.0 to increase interoperability with major blockchains in the sector
Russian miners keep running, may see pivot to Bitcoin in response to sanctions
25.2.2022
With sanctions coming from the U.S. and allied NATO nations, it is unclear how the local BTC sector and the broader market will be impacted, however, Russian crypto mining appears to be operating smoothly for the time being
Radioshack Goes Defi in Its Latest Iteration
20.12.2021
Radioshack, the electronics-associated brand, has announced it will now pivot to a cryptocurrency-centric model. The company informed that its focus will be to “bridge the gap” to bring cryptocurrency into mainstream use. This is the latest iteration in the story of the brand, which...
Crowdfunding Platform Kickstarter Will Shift to Blockchain-Based Model
10.12.2021
Kickstarter, one of the leading crowdfunding platforms on the market, has decided to abandon its current business model and migrate to a blockchain-based platform. This will be built by an independent organization funded initially by Kickstarter to work on the protocol. The new platform will...
Ethereum Name Service to Pivot to DAO Governance, Airdrops ENS Token to Domain Holders
9.11.2021
The Ethereum Name Service (ENS), the entity that controls the decentralized domains built on top of Ethereum, announced it would pivot to a decentralized governance model, opening the door to the formation of a DAO (decentralized autonomous organization). The ENS is now calling for delegates...
Microsoft to Offer Mesh, a Corporate Metaverse for Teams
5.11.2021
Microsoft has announced the launch of a metaverse-inspired feature for its Teams app called Mesh. Mesh will allow users to introduce personalized avatars in digital worlds, making meetings more immersive. The platform is being announced on the heels of Facebook’s pivot to becoming...
MakerDAO founder's plans to address climate change and pivot back to ETH
7.10.2021
Rune Christensen believes MakerDAO’s collateral should be mobilized to capital into sustainable investments
Bitcoin Targets Additional Gains, Ethereum Consolidates, SHIB Rallies
7.10.2021
ltcoins are struggling to gain pace. ETH is consolidating near the USD 3,500 pivot, while XRP finally reached the USD 1.08 resistance levels. ADA moved closer to USD 2.20 again.Total market cap
Bitcoin and Ethereum Correct After Clearing Key Hurdles
4.10.2021
rget="_blank" rel="noopener noreferrer" href="https://www.tradingview.com/symbols/ETHUSD/">ETH retreated lower after it failed to test the USD 3,500 resistance. XRP was able to settle above the USD 1.00 pivot level. ADA spiked towards USD 2.32 before correcting lower.Total market capitali
Bitcoin and Ethereum Try to Recover Losses, BNB Rallies
29.9.2021
ting a fresh recovery wave. ETH is back above USD 2,900, but it could face hurdles near USD 3,000. XRP is still consolidating above the USD 0.900 pivot level. ADA is rising, but the bears might take a
Bitcoin and Ethereum Hold Key Supports, Altcoins Consolidate
29.9.2021
ref="https://www.tradingview.com/symbols/ETHUSD/">ETH settled below USD 3,000, but the bulls are protecting USD 2,800 and USD 2,750. XRP is stable near the USD 0.900 pivot level. ADA is still above the key USD 2.00 support.Total market capitalizationSource: https://www.tradingview.com
Bitcoin Corrects Gains After Testing USD 45K, Ethereum Moves Back Towards USD 3K
24.9.2021
ards USD 3,175 before it dipped below USD 3,100. XRP is struggling to settle above the USD 1.00 pivot level. ADA could extend its increase above USD 2.35 and USD 2.40.Total market capitalizationSource: https://www.tradingview.com/Bitcoin priceAfter a close above USD 43,500