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RobotEra is bracing up as the most exciting metaverse revolutionary crypto project. The project integrates a play-to-earn (P2P) platform powered by its utility token, TARO, which has raised over $790,000 in investment in its ongoing presale.   Unlocking Potentials of the Entertainment and Commerce Industry RobotEra is a Sandbox-like blockchain gaming project that creates unique avatars and robots that users can interact with seamlessly. The structure of this gaming platform ensures that every player is eligible to create their virtual world and experience via the metaverse. Players must embody robots to create their world, enabling them to regulate and govern their territory.  The metaverse project is anticipated as the new mover of the virtual world due to its intuitive way of creating new opportunities for entertainment, education, and commerce. The gaming platform also owns a native token called TARO, an Ethereum-based utility token. Users can use TARO for variou

Investors Pile Back Into Bitcoin Digital asset investment products saw their largest inflows since July 2022, according to the latest weekly fund flows report from crypto intelligence firm CoinShares. $117 million in capital entered the crypto investment product space, with Bitcoin dominating and accounting for $116 million of the inflows. Short Bitcoin products also saw $4.4 million in inflows, taking the monthly inflow to short Bitcoin products to $30 million. But this is still some way off the month-to-date inflow into long Bitcoin products, which was last at $125 million. According to CoinShares, total assets under management have jumped to $28 billion, up 43% from November 2022’s post-FTX collapse lows, mostly due to price appreciation of crypto assets. Trading volumes are also recovering, the crypto intelligence firm’s report revealed. Products worth $1.3 billion changed hands over the course of the week, 17% above the year-to-date average. This remains only a

Bitcoin and Ethereum prices have been on the rise for the past few months, and even today. This has resulted in many investors wondering if another 5% rise is possible for BTC and ETH today.  To answer this question, we need to look at the current market conditions and analyze whether or not there is enough momentum in the market to push Bitcoin and Ethereum prices higher.  Risk-On Crypto Mood: What You Need To Know About The Current Market Opportunities   Cryptocurrency markets had a positive start on January 30th with the global crypto market capitalization growing by 1.77% to $1.07 trillion in the last 24 hours. Total crypto trading volume also increased significantly by 24.92%, bringing it up to $49.61 billion in the same period of time.  Multiple aspects such as favorable market conditions, augmented institutional buying, and the anticipation of extensive utilization contributed to the success of the market. In contrast, there is reason to be concerned if the U

Bitcoin started the weekend hovering near $23,000, as markets continued to react to personal consumption data in the United States. Figures released on Friday reported that spending fell by 0.2% last month, despite overall consumer sentiment moving higher. Ethereum remained close to $1,600 to start the day. Bitcoin Bitcoin (BTC) remained close to the $23,000 level on Saturday, as markets continued to react to Friday’s U.S. personal consumption data. Following a high of $23,417.72 late on Friday, BTC/USD fell to an intraday low of $22,880.60 earlier in the day. This came as bitcoin was once again unable to break out of a key resistance level at $23,500, leading to a resurgence of bearish sentiment. BTC/USD – Daily Chart In addition to this, the 14-day relative strength index (RSI) has dropped below the 80.00 mark, and looks to be headed for a floor at 76.00 Should momentum continue in a downward direction, it is likely that BTC will collide with a floor at $22,400. Currently, th

Source: AdobeStock / Iryna Budanova The Binance USD (BUSD) stablecoin continues to lose ground versus other stablecoins, and has over the past month lost as much as $2bn in market capitalization. At its low on Wednesday this week, BUSD’s market cap touched $15.3bn, down more than $2bn compared to the $17.5bn market cap it had on the same date in December. BUSD market cap past year. Source: CoinGecko The fall in market cap for BUSD is notable given that no similar fall has been seen over the same time period for other major stablecoins like Tether (USDT) and USD Coin (USDC). However, a possible explanation for the offloading of BUSD could be fears related to Binance after the collapse of FTX. Back in mid-December last year, Binance saw withdrawals from its platform of more than $3bn in a matter of just 24 hours as traders feared the exchange could face a similar destiny as FTX. The rush to withdraw then led Binance CEO Changpeng Zhao, better known as CZ, to come out

Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among Russian-owned Bitzlato’s major counterparties. Blockchain Data Indicates Binance Moved Over 20,000 BTC for Bitzlato Since 2018 The global leader in the crypto trading sector, Binance, has allegedly transferred cryptocurrency worth almost $346 million for the Hong Kong-based Bitzlato, Reuters reported quoting data from Chainalysis. Bitzlato was a little known exchange until it was recently targeted in what U.S. authorities described as a “significant blow to the crypto crime ecosystem.” Last week, the Justice Department announced that Bitzlato’s co-founder and majority shareholder, Russian citizen Anatoly Legkodymov who lives in China, was arrested in Miami and charged with operating an unlicense

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) supported a bill on Tuesday designed to enforce the latest global bank capital rules. Reuters noted in a report that the lawmakers have also incorporated specific requirements addressing risks that stem from crypto assets. The general rules are part of the Basel III reforms, a set of internationally agreed measures developed by the Basel Committee on Banking Supervision in the aftermath of the 2007-2009 financial crisis. Their main purpose is to strengthen the supervision and risk management of banks. Other jurisdictions, including

Despite having pulled back now more than 7% from its recent highs last week around the $1,680 area, Ether (ETH), the cryptocurrency that powers the Ethereum blockchain, is still up close to 18% in the last two weeks. Ethereum is the most popular and well-known smart-contract-enabled decentralized layer-1 blockchain protocol, with its native Ether cryptocurrency the second most valuable cryptocurrency by market capitalization after the world’s first cryptocurrency Bitcoin. ETH sellers have been in control over the last few days ever since Ether failed an attempt last week to push above key resistance in the $1,680 area, a failure which appears to have triggered an uptick in profit-taking by short-term speculators. Technical selling by intra-day traders has likely also played a part – ETH’s latest leg lower was triggered by a bearish breakout from a short-term pennant structure that the cryptocurrency had formed on the 4-hour candle sticks. Where Next For ETH? Looking

Source: Pixabay Ethereum creator Vitalik Buterin has proposed a new “stealth address” system for Ethereum that would dramatically improve and simplify the workflow for achieving privacy for ordinary users. According to a blog post published by Buterin over the weekend and titled An incomplete guide to stealth addresses , the proposed system would bring the same privacy properties as generating new addresses for each transaction someone receives. The only difference would be that this would happen without any work needed for the receiver. Privacy remains a large challenge on Ethereum In the blog post, Buterin admitted that privacy – or the lack thereof – is a large problem for Ethereum users, saying: “One of the largest remaining challenges in the Ethereum ecosystem is privacy. By default, anything that goes onto a public blockchain is public […] In practice, using the entire suite of Ethereum applications involves making a significant portion of your life public for

Join Our Telegram channel to stay up to date on breaking news coverage Calvaria, one of the best P2E games to have been released this year, is closing in on its final presale target of $3.075 million. The presale has raised upwards of $2.9 million. With this last lap, now is the time to visit the official website and participate in before the listing process begins, and you lose out on a chance to make gains as an early mover. Calvaria is a P2E crypto that follows a battle-card gameplay approach similar to God’s Unchained, and it aims to make P2E games more inclusive by introducing new modes. Win Battles using Battle Cards and Win Rewards Calvaria: Duels of Eternity is the latest P2E game to earn renown in the GameFi space. Players can buy NFT trading cards and build a deck, and then pit them against other players. The primary goal of this game is to stack the decks against other players and try to cancel out the cards of other players. The gameplay model is similar to heart

Get rewarded for reaching new levels in the loyalty program by playing games and earning loyalty points. Casino loyalty programs have evolved through the changing paradigm of the casino industry. Digitalization has provided the arena of chance-based gaming the mobility to fit right onto the handheld devices of players. Registered members that reach the VIP levels can passively earn cash prizes, cashback, Free Spins & other bonuses, while not even being aware that they might be getting rewarded simply for playing their favorite games. Space Odyssey: A VIP Loyalty Program BitSpinCasino , sponsored by Bitcoin.com, offers a loyalty program that delivers a rich VIP experience while dishing out competitive rewards to those who would like to make the casino their preferred portal to play. Space Odyssey, the loyalty program pays homage to the legendary filmmaker Stanley Kubrick by naming itself after the space-time classic that renders the same titular effect. Sometimes unbeknownst to

Shiba Inu was trading at $0.00000805 (five ‘zeroes’) on Jan 1, 2023, but gradually scaled up in price this month. SHIB deleted a ‘zero’ after reaching a monthly high of $0.00001270 on Jan 18 before briefly retracing in price. The asset has spiked 43% since the start of 2023 and is up 46.1% in the last 30 trading days. The price rise has brought in a fresh sense of enthusiasm in the SHIB community after remaining on the back foot for 12 months straight. Hopes are high that 2023 could be the year of SHIB with its string of developments that could be released this year. Also Read: Exclusive: ‘Here’s What I’ll Do When Shiba Inu Reaches $0.01′ Shiba Inu: Can 2023 Be the Year of SHIB? Source: News.Bitcoin.com Shiba Inu has an array of developments to be released in 2023 that could sustainably scale its price hereon. The developments include the release of: Shibarium Public Beta TestNet & Shibarium layer-2 network thereafter SHIB: The Metaverse ShibaSwap 2.0 ShibaNet Treat to

XRP price is holding steady in a three-week-long rebound from lows marginally below $0.30. Although the cross-border money transfer token struggled to confirm the uptrend in early January, a break and hold above $0.35 encouraged more buyers to join the moon-bound rocket. XRP price now exchanges hands at $0.4137 after holding above $0.40 for more than 24 hours. With the crypto market seemingly bullish, XRP price could ignite another rally to $0.50 and $0.55 in the coming few days, possibly not more than a week. XRP Price Is on The Verge of Another Bullish Breakout The bullish outlook in XRP price holds steady, with its immediate downside supported by the 100-day Exponential Moving Average (EMA) (in blue) at $0.38. Similarly, the 50-day EMA (in red) is in close proximity to the longer-term moving average at $0.3755 which strengthens the support behind XRP. XRP/USD daily chart Based on the position of the Moving Average Convergence Divergence (MACD) indicator, the path with the least

Source: Rarible.com Popular NFT marketplace and protocol Rarible launched its NFT marketplace builder for Polygon-based NFT collections on January 18. Any Polygon-based NFT collection will be able to use the new self-serve tool to build their own customized marketplaces for free to connect with their communities. "Community market place s will become a gateway for new users to enter NFTs. They change the NFT buying and selling experience by making it much simpler which in turn makes it easier for new users to come onboard," Alexei Falin, Co-founder and CEO of Rarible, told Cryptonews.com. Rarible already offers a similar service on Ethereum, which has been used by projects such as Smircs , Rally , and Not Your Bro , to name a few. The first partner for the Polygon community market place builder is Polygon Punks , according to the company. “We see community market place s as the future of NFT buying and selling and we believe every project should have its