Two personal crypto wallets belonging to Jeff “Jihoz” Zirlin, the co-founder of Sky Mavis, the company behind the popular play-to-earn (P2E) game Axie Infinity, have been compromised, reports on February 23 show. Following this hack, over $10 million worth of various crypto assets were stolen, primarily RON, the native token of Ronin Chain, the Ethereum sidechain designed…
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In the dynamic realm of cryptocurrencies, Axie Infinity’s AXS token has embarked on a remarkable ascent, witnessing an impressive surge of over 35% in the past 24 hours and currently trading at $9.26. This rally catapults AXS to the forefront of gaming cryptocurrencies, boasting a market capitalization of $1.4 billion and a circulating supply of…
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So far 2023, Bitcoin (BTC) is seeing an impressive 40% YTD return rate and briefly crossing back above $23,000; suggesting that it may be leaving its bear phase from 2022 behind. Can it continue its winning streak, and if not, what are some of the other best cryptos to buy today?… Read More: Best Crypto…
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AXS’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards. AXS’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price from rallying. AXS’s price remains…
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Axie’s monthly revenue has dropped over 98% from its August 2021 peak of $364.4 million. Axie Infinity (AXS) has been forming a giant bearish reversal pattern since July last year, which could send its prices down by another 95% in 2022. AXS risks one big breakdown Dubbed the “inverted cup and handle,” the pattern is…
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Interestingly, an AXS technical setup also predicts a 2,500% price rally despite the token facing major headwinds ahead. Axie Infinity (AXS) has dropped by roughly 90% after peaking out at $172 in November 2021. AXS’s sharp correction has made it one of the worst performing digital assets among the top-ranking cryptocurrencies. Moreover, it could undergo…
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The gaming token, which reached $150 in the early UTC hours of Monday, risks correcting below $90 as a key technical indicator identifies its overbought conditions. AXS, the native token of Axie Infinity, a play-to-earn nonfungible token (NFT) game built atop the Ethereum blockchain, rallied more than 100% on a quarter-to-date (QTD) timeframe to refresh a new…
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