The U.S. House Financial Services Committee will hold a hearing on June 13 on the topic of cryptocurrencies, potentially giving more clarity to the markets. The committee oversees matters like the Federal Reserve Board, the US Treasury, and currency. How might this affect the cryptocurrency market and the selection of the best cryptos to buy…
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Reddit co-founder Alexis Ohanian firmly believes that play-to-earn is the future of gaming despite the decline in popularity of some major P2E games. In a recent Twitter thread, Ohanian, who is the founder and current General Partner of Web3-focused venture capital firm Seven Seven Six, said play-to-earn “will become standard for video games in the…
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The cryptocurrency market has been affected this week by uncertainty surrounding the U.S. debt ceiling vote and potential interest rate hikes. While legislation to raise the debt ceiling and cut government spending was introduced in the House of Representatives on Tuesday, the market remains on edge due to the bill’s unclear fate until it is…
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From time to time, rumors surface that Grand Theft Auto 6 will integrate cryptocurrency, fueling expectations that the franchise may make its way to Web3. Rumors suggesting that Grand Theft Auto 6 will incorporate cryptocurrencies surface every once in a while, fueling expectations that the highly awaited game may incorporate digital assets as rewards for…
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Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie Infinity, has adopted a strategic approach by rolling out the game’s app in stages, with targeted release plans for various Latin…
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The United States Bureau of Labor Statistics recently disclosed favorable data on the nation’s employment landscape today, setting stocks and the crypto markets up for a minor rally throughout the day. The April figures revealed an addition of 185,000 jobs, accompanied by a 3.4% rise in unemployment. In light of this developing macroeconomic backdrop, what…
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Bitcoin and Ethereum are currently witnessing a significant uptick, coinciding with a downturn in traditional banking equities, particularly in light of the recent sale of First Republic Bank. How might this sudden cryptocurrency market bounce affect the selection of the best crypto to buy now? Bitcoin exhibited a notable ascent earlier today, setting an intra-day…
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Over the weekend, the cryptocurrency market experienced low volatility as Bitcoin continued to trade around $28,000. With prices moving sideways and trading volume increasingly declining, heightened volatility may be on the horizon. Hence, people looking to invest in the cryptocurrency market should closely monitor upcoming events and key indicators that could affect the selection of…
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The cryptocurrency market remains unshaken, displaying a steady upswing and a total market capitalization of $1.18 trillion despite the fluctuations in the stock market and growing concerns about the overall economic outlook. Given this uncertain macroeconomic backdrop, what are the best cryptos to buy now? MicroStrategy, led by Michael Saylor, has been making headlines for…
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The specter of a recession looms large as recent job openings and factory orders data fall short of expectations, casting a shadow over financial markets and opening up the possibility for a pause on further interest rate increases by the Fed. How will these macroeconomic indicators impact the best cryptos to buy now?… Read More:…
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