Popular
Konami, Creator of Metal Gear Solid, Joins NFT Arena with Avalanche Launch
Konami partners with Avalanche to launch Resella, a platform simplifying NFT creation and trading, supporting Japanese yen, and planning global expansion. Resella aims to bridge traditional gaming and web3, enabling digital experiences like using in-game NFTs as event tickets or unlocking exclusive content. ‘Pixels’ Chapter 2 introduces substantial upgrades to Ethereum-based games, focusing on long-term player engagement and resolving past issues. The interconnection of gaming and blockchain is ever-increasing with several fresh developments on the web3 front. Konami has just announced its debut of a non-fungible token (NFT) platform on the Avalanche blockchain and ‘Pixels’ Chapter 2 is set to...
Marathon Digital Doubles Down on ‘Full-Hodl Strategy’, Boosts BTC Holdings and Unveils Dip Reserve
Marathon Digital acquired 6,474 BTC in November, raising total holdings to 34,794 BTC valued at US$3.3B. The purchase was funded by a US$1B zero-interest convertible senior note, with US$160M reserved for future Bitcoin buys. Marathon’s strategy reflects confidence in Bitcoin but raises concerns about debt-fueled acquisitions amid potential market volatility. Marathon Digital Holdings (MARA), a leading publicly traded Bitcoin mining firm, has significantly expanded its cryptocurrency reserves by acquiring 6,474 Bitcoin (BTC) in November. The purchase brings the company’s total holdings to 34,794 BTC, valued at approximately US$3.3B (AU$5.07B), based on a Bitcoin price of US$95,000 (AU$146K). Related: MicroStrategy Overtakes...
Ethereum Surge Coming? Analyst Eyes $16,000 Milestone Within 2 Years
Ethereum (ETH) continues to spark bullish talk in the cryptoverse, as well known analysts see large price moves ahead. According to Venture Founder, Ethereum is forming a rising three-year triangle pattern, which could set the stage for a possible breakout. Based on similar comparisons to data from 2016-2017, the altcoin will hit $15,937, probably by May of 2025. Such a rise would take Ethereum’s market capitalization beyond $1 trillion, a historic first for the blockchain behemoth. Analysts view a weekly close above $3,800 as a significant milestone. From there, Ethereum might aim for its all-time high of $4,878 before moving...
