Once a dominant player in the metaverse landscape, Roblox is bracing itself for a challenging 2024, with investors expressing doubts about the company’s ability to achieve long-term profitability. Roblox, previously hailed as a metaverse hub in the world of gaming platforms, is gearing up for a tough year ahead as its financial situation continues to…
Chinedu Albert, a legal expert specializing in Nigerian tech and innovation, has shed light on the challenges hindering the adoption of eNaira, the digital currency introduced by the Central Bank of Nigeria (CBDC). According to Albert, these challenges can be traced back to a previous ban on cryptocurrencies enforced by the government. In an exclusive…
Hut 8, the Miami-based digital asset miner, has announced its role in managing mining operations for MiningCo, a new mining company given the green light by the US Bankruptcy Court for the Southern District of New York as part of Celsius Network LLC’s reorganization plan. What’s Happening Under the four-year contract, Hut 8 will be…
In an exciting development, the AIOZ Network, a leader in decentralized web3 solutions, has joined forces with the Google for Startups Cloud Program. This partnership signifies a significant step forward for the AIOZ Network as it taps into the vast resources, expertise, and global reach of Google Cloud to enhance its Decentralized Private Information Network…
Web3 games, once touted as the future of gaming, are facing a harsh reality in 2023. According to researchers at CoinGecko, a staggering 2,127 web3 games have met their demise over the past six years, accounting for at least three-quarters of the genre. These findings are based on data from Footprint Analytics, and a game…
Tone Vays, a well-known trader and analyst, has a pretty optimistic view on Bitcoin. He’s eyeing the crypto leader closely, especially if it surges past a critical two-year high. Speaking to his 123,000 followers on YouTube, Vays points out that if Bitcoin jumps over $48,222, it’s not just a new two-year record; it could be…
XRP, Ripple’s cryptocurrency, has seen its fair share of ups and downs this year. After reaching a peak of $0.95 in July, the price has been a bit of a rollercoaster. It made a promising leap in November, but couldn’t keep up the momentum and is now hovering around a crucial support level. The big…
Recently, Shiba Inu (SHIB) has been in a bit of a pickle. Despite trying, it couldn’t muscle its way out of an ascending parallel channel on December 17 and has been on a bit of a slide since then. What’s interesting is that the weekly and daily outlooks for SHIB aren’t seeing eye to eye….
Nic Carter, co-founder of Coin Metrics and partner at Castle Island Ventures, shared his insights on when Bitcoin might experience its next big surge. During a recent interview with Bloomberg Television, Carter expressed his belief that Bitcoin’s price could soar in the months following the potential approval of spot Bitcoin exchange-traded funds (ETFs) in the…
Bitcoin Suisse, a Swiss company known for its expertise in crypto-assets, recently released an intriguing 70-page report titled “Outlook 2024”. Authored by Dr. Marcus M. Dapp, their Head of Research, the report offers an in-depth look at the cryptocurrency market’s future. Despite a tough year plagued by inflation, rising interest rates, and geopolitical unrest, Bitcoin’s…
