🥛 Shiba Inu’s New $CAL Token, Mixin’s $200M Hack 💥
Hey Tigers!
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Right now, the CEX-DEX supports trading on Ethereum, Polygon, Arbitrum, BNB Chain, and Avalanche, with more networks on the way! 🚀
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📰 News Makers & Shakers
🚀⭐ Move over Bitcoin ETFs, AMCs are looking towards Ethereum as the next big thing. Recently, VanEck proposed the VanEck Ethereum Strategy ETF (EFUT) amidst a growing race for Ether futures! With $77.8 billion AUM, they join peers like Bitwise, Roundhill, and Grayscale, all vying for a piece of the ETH ETF pie.
💸🔗 Project Mariana, involving the central banks of France, Singapore, and Switzerland, successfully trialed cross-border trading of wCBDCs, showcasing interoperability and the potential of DeFi elements in reshaping financial infrastructures!
🔍☁ Google Cloud is amplifying its blockchain game, integrating 11 additional networks like Polygon and Polkadot into BigQuery! This move showcases Google’s steadfast investment in blockchain, even amidst a "crypto winter."
🐧 💖 Pudgy Penguins is hitting Walmart shelves with Pudgy Toys, blending digital and physical play! The move marks a significant stride for NFTs, entering mainstream retail amidst a challenging market. Meanwhile, Pudgy Penguins also announced its new update — “A Brave New World”.
⚠️🚨 Mixin Network, facilitating cross-chain transfers, suffered a significant $200 million breach! Critics on Crypto Twitter pointed that the network’s reliance on a centralized database was a single point of failure.
🥛🚀 Calcium ($CAL), a dummy token from Shiba Inu, unexpectedly spawned a new memecoin phenomenon, hitting $7+ million in 24-h trading volumes and a market cap of $25.2M in a matter of days, despite initial losses and warnings!
🐕📉 Dogecoin (DOGE), famously volatile, is showing unexpected stability, with its 30-day realized volatility at 30%, below Bitcoin's 35%! This trend hints at shifting investor interest, with liquidity seemingly moving from altcoins to BTC.
🎮🔗 PUBG creator, Krafton unveils "Overdare," an NFT-driven metaverse game platform, allowing players to create games, avatars, and more with AI tools! Set for a soft launch in December 2023, Overdare promises a "create-to-earn" economy and secure transactions with its proprietary blockchain, Settlus.
⬆💰 Proof of Play, a web3 gaming startup, has secured a cool $33 million in funding to develop blockchain-based games that aim to “outlive their creator”! Showcasing its game, Pirate Nation, as a taste of “Forever Games” to come, the company eyes creating extensible, permanent digital worlds and addressing player hurdles in Web3 gaming.
🚀 Token Trading Alpha
The Open Network (TON) is a blockchain-based decentralized computer network technology developed by the Telegram team.
⚡ Volatility: High
🐂 Bullish View: $2.10 is acting as a strong support zone. Presently forming higher lows and higher patterns on the day's chart.
🐻 Bearish View: Overall, TON formed a triple top rejection at $2.60 region.
❗ Note: BTCDOM forms a double top rejection, soon TON may pump higher to form a breakout considering an altcoin season.
For more technical analysis and token trading alphas, join the Telegram group 👇
🎬 And that's a wrap on this week's digest! Stay tuned, and we'll meet in the next one! 📅 Until then, take care, and stay well! 👋💫
Cheers!
Kevin