BTC market dominance hovered around 80% during the 2017 bull market but slumped to the 50%–60% range during the 2021 bull market, at times even dipping below 50%.
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‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges
More than $280 billion has been wiped from the “magnificent seven” tech stocks following the release of several earnings reports on Oct. 25, triggering fears of a looming tech recession.
The so-called “magnificent seven” refers to the top seven blue-chip tech firms including Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla — who combine to make up a quarter of the value of the S&P 500 index.
Google parent company Alphabet saw its share price fall over 9%, wiping $180 billion from its market cap and was noted as Google’s worst-performing day since the COVID-19 pandemic hit in March 2020.
Google’s (Alphabet Inc Class A) share price over the last five days. Source: Google FinanceThe share prices of Amazon, Nvidia, and Meta fell 5.5%, 4.3%, and 4.2% respectively, according to Y Charts.
Apple and Tesla’s fall in share prices were less severe at 1.35% and 1.9%, while Microsoft was the only one of the seven to buck the trend, with its share price rising 3.1% after reporting better-than-expected growth in its Azure business.
‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges
Google's parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout.
Crypto firms have already breached new UK promo rules 221 times, says FCA
Many of the firms the FCA warned were breaching the new rules appear to be dubious high-yield return schemes, but legitimate firms have seen warnings too.
Peter Brandt says Bitcoin bottom is in, but prepare for a 'chopfest'
The prop trader believes that while Bitcoin has already bottomed, traders should brace themselves for a volatile fight to the next new all-time high.
Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic
Elliptic’s statement was framed as a rebuttal to recent articles and letters circulating among the media and U.S. lawmakers this month.
Crypto donations raised by Hamas ‘remain tiny,’ says Elliptic
Elliptic’s statement was framed as a rebuttal to recent articles and letters circulating among the media and U.S. lawmakers this month.
How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
Web3 gaming ecosystem Immutable is helping Random Games join the blockchain gaming world. The studio was founded by veteran developers and storytellers from famous franchises including Grand Theft Auto, Call of Duty, Fortnite, Batman, Star Trek, The Walking Dead, Star Wars and South Park. The collaboration centers around Unioverse, a Web3 sci-fi franchise spanning multiple mediums.
Random Games plans to create a platform offering high-quality assets for game creation without royalty fees. The Unioverse community will be encouraged to produce their own stories, games and content using official assets.
Unioverse hopes to foster a continuous stream of professional and user-generated content, given its royalty-free nature. Users can monetize their creations by selling merchandise such as comic books, T-shirts and lunchboxes and retain all the profits.
Heroes from the first release in the Unioverse. (unioverse.com)Immutable’s vice president of global business development, Andrew Sorokovsky says Immutable will provide the blockchain platform, tools and services, including its zkEVM for scaling and Immutable passport for digital IDs:
This will allow the team to focus on shipping a great game without having to become blockchain experts in the process — letting us take care of the heavy lifting,”
How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
Web3 gaming ecosystem Immutable is helping Random Games join the blockchain gaming world. The studio was founded by veteran developers and storytellers from famous franchises including Grand Theft Auto, Call of Duty, Fortnite, Batman, Star Trek, The Walking Dead, Star Wars and South Park. The collaboration centers around Unioverse, a Web3 sci-fi franchise spanning multiple mediums.
Random Games plans to create a platform offering high-quality assets for game creation without royalty fees. The Unioverse community will be encouraged to produce their own stories, games and content using official assets.
Unioverse hopes to foster a continuous stream of professional and user-generated content, given its royalty-free nature. Users can monetize their creations by selling merchandise such as comic books, T-shirts and lunchboxes and retain all the profits.
Heroes from the first release in the Unioverse. (unioverse.com)Immutable’s vice president of global business development, Andrew Sorokovsky says Immutable will provide the blockchain platform, tools and services, including its zkEVM for scaling and Immutable passport for digital IDs:
This will allow the team to focus on shipping a great game without having to become blockchain experts in the process — letting us take care of the heavy lifting,”
How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
Web3 gaming ecosystem Immutable is helping Random Games join the blockchain gaming world. The studio was founded by veteran developers and storytellers from famous franchises including Grand Theft Auto, Call of Duty, Fortnite, Batman, Star Trek, The Walking Dead, Star Wars and South Park. The collaboration centers around Unioverse, a Web3 sci-fi franchise spanning multiple mediums.
Random Games plans to create a platform offering high-quality assets for game creation without royalty fees. The Unioverse community will be encouraged to produce their own stories, games and content using official assets.
Unioverse hopes to foster a continuous stream of professional and user-generated content, given its royalty-free nature. Users can monetize their creations by selling merchandise such as comic books, T-shirts and lunchboxes and retain all the profits.
Heroes from the first release in the Unioverse. (unioverse.com)Immutable’s vice president of global business development, Andrew Sorokovsky says Immutable will provide the blockchain platform, tools and services, including its zkEVM for scaling and Immutable passport for digital IDs:
This will allow the team to focus on shipping a great game without having to become blockchain experts in the process — letting us take care of the heavy lifting,”
How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
Immutable teams with ex-GTA and CoD devs, Web3 game Brawlers to launch on massive Epic Games Store, and how did blockchain games fare in Q3?
How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
Immutable teams with ex-GTA and CoD devs, Web3 game Brawlers to launch on massive Epic Games Store, and how did blockchain games fare in Q3?
How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
Immutable teams with ex-GTA and CoD devs, Web3 game Brawlers to launch on massive Epic Games Store, and how did blockchain games fare in Q3?
How blockchain games fared in Q3, Unioverse & Immutable, Upland token on ETH: Web 3 Gamer
Immutable teams with ex-GTA and CoD devs, Web3 game Brawlers to launch on massive Epic Games Store, and how did blockchain games fare in Q3?
Hashdex sits down with SEC over spot Bitcoin ETF application
Asset manager Hashdex recently met with the U.S. SEC to address the regulator’s concerns over its application for a spot Bitcoin ETF.
Recovery firm proposes cracking former Ripple CTO's $244M Bitcoin hard drive
Stefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with only two attempts at guessing a password remaining.
US lawmakers discuss digital assets and the House gets a new Speaker
With the election of Mike Johnson as speaker of the U.S. House of Representatives, Congress will once again be able to move forward on crypto bills.
Neon Machine raises $20M Series A for blockchain-based Call of Duty competitor ‘Shrapnel’
The company claims a cast of employees whose collective entertainment industry resume contains titles such as Halo, Call of Duty, and Westworld.
Bitcoin price chases after $35K as BTC derivatives data signals fresh inflow
Bitcoin options and futures data suggests the current BTC price movement could have longevity.
FTX and Alameda linked wallets transfer $10M of crypto to exchanges in just 5 hours
According to Spot On Chain data, the firms sent $10 million worth of crypto to a single wallet address, which then deposited the funds to Binance and Coinbase.