• This article highlights thirteen gaming cryptocurrency tokens to invest in for 2021.
• These tokens have the potential to revolutionize traditional gaming forever, with Metacade (MCADE) being the biggest on-chain arcade.
• Other tokens include DApp Rader (DAPR), Axie Infinity (AXS), Enjin Coin (ENJ), STEPN (GMT), Star Atlas (ATLAS), The Sandbox (SAND), ApeCoin (APE), Upland (UPX), Gala Games (GALA), Decentraland(MANA), AltSignals(ASI) and Illuvium(ILV).

The 13 Best Gaming Coins to Invest in – 2023

Metacade (MCADE)

Metacade is the biggest on-chain arcade offering the largest collection of play-to-earn arcade games out of any comparable project. Players can earn MCADE tokens while progressing through endless levels or by competing against other gamers directly in exclusive tournaments. Metacade also aims to become a central hub for the Web3 community and supports the expansion of blockchain technology directly through its Metagrants program.

DApp Rader (DAPR)

DApp Raders are a new type of decentralized application that give users access to a wide range of digital assets, including cryptocurrencies and other collectible items. Users can use these applications as an all-in-one toolkit for managing their investments, making trades, and even playing games. DApp Raders are constantly innovating their products, allowing users to make more money from their investments than ever before.

Axie Infinity (AXS)

Axie Infinity is one of the most popular Ethereum-based digital collectible games around right now. Players can purchase and trade virtual creatures known as “Axies” using ETH or DAI tokens, then battle them against each other in head-to-head combat or team up with friends for cooperative play. The game offers many different rewards and incentives that incentivize players to keep playing, including tournament prizes and rewards such as NFTs and ETH gas fees refunds.

Enjin Coin (ENJ)

Enjin Coin is another Ethereum token designed specifically for gaming enthusiasts who want to build powerful gaming experiences on top of blockchain networks like Ethereum or EOSIO chains such as WAX Blockchain. ENJ allows developers to create custom tokens that represent nonfungible assets within various games and applications built on ENJ’s network, which makes it easier for developers to monetize their creations by allowing users to purchase items within those applications using ENJ coins .

STEPN (GMT)

STEPN is an ERC20 token used by gamers around the world who want access to an innovative platform that allows them to earn real money from playing video games online in tournaments or challenges sponsored by brands like Nintendo or Microsoft Xbox Live . By participating in STEPN’s unique tournaments , players can win real cash prizes while having fun at home without ever leaving their couch!

• Financial advisor Douglas Boneparth is keeping bullish on blockchain technology despite the news of Signature Bank and Silvergate Capital Corp winding down.
• Crypto analyst Altcoin Sherpa expects Bitcoin to break through $25,000, with a target of $30,000.
• Boneparth recommends people take the time to learn about the technology and decentralised finance.

Financial Advisor Stays Bullish On Blockchain

Financial advisor Douglas Boneparth remains bullish on blockchain technology in spite of recent news about Signature Bank and Silvergate Capital Corp winding down their operations. Despite this, he believes that it would be beneficial for most people to take the time to learn more about the techonology behind decentralised finance.

Bitcoin Price Target: $30,000

Crypto analyst Altcoin Sherpa also shared his outlook for Bitcoin price during an interview with CNBC. He said that if there is a meaningful break above $25,000 then it will establish $30,000 as its next major target.

Learning About Decentralised Finance

Boneparth pointed out that while many financial advisors don’t recommend buying or selling crypto assets directly, they should still stay optimistic about the technology itself. He recommended that everyone take some time to understand how decentralised finance works in order to make better decisions when investing in cryptocurrency.

Signature Bank & Silvergate Capital Corp

The Federal Deposit Insurance Corporation has taken control of deposits at Signature Bank after shutting it down late last week. Meanwhile, Silvergate Capital Corp has announced plans to wind down its operations and liquidate its bank shortly afterwards.

Conclusion

Despite setbacks from banks like Signature and Silvergate withdrawing from crypto space, financial advisor Douglas Boneparth remains optimistic on blockchain technology’s potential in decentralized finance systems moving forward. Crypto analysts such as Altcoin Sherpa also expect Bitcoin prices to surge past $30,000 if it breaks through $25K first. Lastly, Boneparth encourages everyone regardless of their stance on buying or selling crypto assets to spend some time learning about decentralised finance and its related technologies for better decision-making when investing into cryptocurrencies

• Tron blockchain and Huobi crypto exchange have announced the fourth HackaTron with a prize pool of 500K USDD worth about $500K.
• Developers will be able to submit submissions starting from February 1, 2023 and winners will be announced on May 15, 2023.
• The hackathon has six tracks including two extra tracks: Builder track for returning participants and Eco-Friendly track for eco-friendly blockchain solutions respectively.

Huobi and Tron Launch Grand Hackathon Season 4

Prize Pool

Tron blockchain and Huobi crypto exchange have announced the fourth HackaTron that will be opening on February 1. This year’s hackathon has a prize pool of 500K USDD worth about $500K. Winners will share $500,000 in USDD.

Submission Period

Developers have another chance of earning for providing promising blockchain solutions and decentralized applications (DApps) that impress judges. Participants can submit their submissions starting from February 1, 2023 until April 15, 2023. Winners will be announced on May 15, 2023.

Tracks

The six tracks included in the fourth season of the Grand Hackathon consist of four normal tracks (DeFi, Web3, NFTs and GameFi) as well as two extra tracks: Builder track for returning participants and Eco-Friendly track for eco-friendly blockchain solutions respectively.

Builder Track

Projects that have made significant updates and returning to the hackathon can use the new Builder track but must not have any investment commitment from Tron DAO Ventures before entering this track.

Eco-Friendly Track

The Eco-Friendly track encourages participants to come up with eco-friendly blockchain incentives on Tron Network through the Tron Climate Initiative.

• Digital Currency Group (DCG) reported a $1.1 billion loss for 2022, according to its fourth quarter report.
• The losses were attributed to the crypto market crash and a major default on Genesis, DCG’s lending platform.
• DCG had $5.3 billion in total assets as of 31 December 2022 with cash and cash equivalents totaling $262 million.

Digital Currency Group Reports Losses

Digital Currency Group (DCG) recently reported a $1.1 billion loss for the 2022 financial year, according to its fourth quarter report. The losses were attributed to the crypto market crash combined with a major default on Genesis, DCG’s lending platform.

Total Assets of DCG

As of 31 December 2022, DCG held $5.3 billion in total assets with cash and cash equivalents totaling $262 million. This included investment assets such as held tokens, venture investments and Grayscale trust shares amounting to just $670 million. For Q4, the venture capital firm reported revenues of just $143 million while losses reached $24 million for that period alone; resulting in consolidated revenue of only $719 million for the entire year of 2022.

Subsidiaries Owned by DCG

Digital Currency Group is the parent company of multiple subsidiaries such as Grayscale Investments, Luno, Foundry Services, Genesis Trading, TradeBlock and CoinDesk which are all also facing troubles due to crypto winter effects at present time.

Major Default on Lending Platform

The major default experienced by DCG was from Three Arrows Capital (3AC), a crypto hedge fund who filed for bankruptcy in January this year which had an adverse effect on their balance sheet significantly due to their involvement with Genesis – the lending platform owned by DCG itself.

Conclusion

In conclusion it is safe to say that Digital Currency Group has suffered greatly this past year financially after experiencing both losses from their own subsidiaries as well as defaults from external sources that affected their balance sheets directly leading them into an overall net loss of 1 Billion Dollars for 2020-2022 fiscal years

• The article discusses the struggles of established cryptocurrencies, such as Litecoin, due to bear market conditions in 2020.
• It also introduces Metacade, a brand-new blockchain-based gaming platform aiming to revolutionize the play-to-earn (P2E) gaming landscape.
• MCADE token holders will be rewarded for contributing to Metacade’s foundation and voting on developers‘ Metagrant applications.

Litecoin Price Prediction

The year 2020 was a difficult one for most established cryptocurrencies, with bear market conditions sweeping across the board following the collapse of big names like Luna and FTX and toughening global economic conditions. These struggles have impacted price predictions of most established cryptocurrencies, including Litecoin.

Metacade Introduction

Amidst these harsh market trends, some newer crypto projects have proven immune to the bearish market – one such example being Metacade. This is a brand-new blockchain-based gaming platform that aims to revolutionize the play-to-earn (P2E) gaming landscape and push the industry to greater heights. Its ultimate goal is to become the go-to platform for all crypto gamers around the world by creating a community of likeminded people who can benefit from its unrivaled P2E mechanics.

Rewards For Contributing To Metacade’s Foundation

Community is at the forefront of Metacade’s mission, and it offers MCADE token holders incentives in return for their contributions towards its success. Every time an individual posts social content such as game reviews or helpful tips during live chats on its hub, they are rewarded in crypto by Metacade itself.

Metagrant Scheme

Another important element of Metacade’s roadmap is its innovative Metagrants scheme which provides funding opportunities for developers looking to create new games exclusively for its platform. Each application will be pooled and voted on by MCADE token holders who will have voting rights over what games get greenlit for production on Metacade’s ecosystem.

Bull Market Conditions Expected

With bull market conditions expected to return soon, investing in MCADE tokens may turn out to be one of the most profitable moves investors make this year. As more people become aware of this revolutionary new project and understand its potential benefits they are likely to flock towards it leading up into 2023 – making now an ideal time for early adopters looking to cash in before prices skyrocket!

• Bitcoin price broke above $22,500 to new highs above $25,000 amidst short liquidations of over $155 million.
• Bitfinex analysts suggest that this could be indicative of a bottom in the bear market.
• The surge was fueled by massive liquidations and BTC may retreat back below $24,000 in the week ahead.

Bitcoin Price Breaks Above $25K

Bitcoin’s price rose above the key psychological and technical level of $25k briefly before slipping back under it. This significant increase came as a result of short liquidations amounting to over $155 million and has caught out many bullish speculators who were expecting a push to upper-$25k levels or higher.

Potential Indication of Market Bottom

Bitfinex analysts suggest this could be indicative of a bottom forming in what has been an extremely gruesome bear market for Bitcoin. Furthermore, the surge was primarily fuelled by these mass liquidations as well as profit-taking in response to the recent rally.

Retreat from Upper-$25K Levels Likely

The analysts at Bitfinex also believe that it is likely that BTC will retreat from these upper-$25k levels once again due to stop-runs occurring on those who had gotten overly aggressive chasing the upside. This could potentially send Bitcoin prices back down below the key psychological level of $24,000 in the upcoming weeks ahead.

Historical Price Action Patterns Suggest Range Movement Ahead

This type of action which sees both longs and shorts wiped out simultaneously has historically resulted in ranged price movement following such events. As such, it is likely that we will see ranged movements rather than any sustained trends emerging over the next few weeks or months while Bitcoin continues its journey through what appears to be its final stages of this bear market cycle.

Conclusion

Overall, Bitcoin’s break above the key psychological mark of $25k seems to have been fueled by massive liquidations and is potentially indicative of a bottom forming in what has been an extremely long bear market for cryptocurrencies worldwide. However, there is still potential for BTC prices to fall back below $24k again before any sustained uptrends can take hold so traders should remain cautious going forward into 2021 and beyond!

• This article discusses the volatility of Bitcoin and its lack of improvement over time.
• It examines data from 2020, 2021 and 2022 to track Bitcoin’s volatility using a 30-Day window.
• The conclusion is that while there have been improvements since 2015, the situation has not improved much in recent years.

Bitcoin Volatility

Bitcoin and volatility are closely related, with fluctuations in price an inevitable part of cryptocurrency markets. In this article we will look at whether Bitcoin’s volatility is improving over time or if it has remained stable.

Data Analysis

To assess whether Bitcoin’s volatility is coming down, we examined the annualised mark over a rolling 30-Day window. The chart shows two things: firstly, that Bitcoin was highly volatile until 2015; secondly, that since then it appears to have calmed down slightly in the latter half of 2021, 2022 and start of 2023.

Comparison to Other Assets

In comparing Bitcoin’s returns to those of the Nasdaq and individual stocks, it was found that its average weekly return was 26X greater than the euro last year – up from 19X in 2021 and 16X in 2020. This suggests that although there may have been some improvements over time, overall Bitcoin remains extremely volatile compared to other assets.

Risk Management Challenges

The high level of volatility presents challenges for risk management as well as creating difficulties for institutional investors looking to allocate capital into cryptocurrencies. As such, it could be argued that reducing Bitcoin’s volatility should be a priority for industry stakeholders if they wish to see more widespread adoption in the future.

Conclusion

In conclusion, while there have been improvements since 2015 it appears that overall Bitcoin’s volatility has not decreased significantly in recent years. This presents challenges for risk management as well as making it harder for institutional investors to allocate capital into cryptocurrencies – something which needs to be addressed if wider adoption is desired by industry stakeholders.

• Charlie Munger, Vice Chairman of Berkshire Hathaway, wants the U.S. to ban cryptocurrencies because he believes they have no real value.
• He praised China for implementing a full ban on cryptocurrencies and urged the U.S government to follow suit.
• His business partner Warren Buffet shares his view on that matter as well.

Charlie Munger Wants the US To Ban Cryptocurrencies

Charlie Munger, Vice Chairman of Berkshire Hathaway, has recently expressed his views on cryptocurrencies and suggested that the US should impose an absolute ban on them due to their lack of real value. He also praised China for executing a full ban on cryptocurrencies and urged the US government to learn from its example. Furthermore, his business partner Warren Buffet also shares his view on this matter.

Munger’s View On Cryptocurrencies

Munger has been against cryptocurrencies for some time now and believes that they have no real value as they are intangible and unproductive assets. In a recent op-ed in The Wall Street Journal, he said: “Crypto is not a currency, commodity or security – it’s a gambling contract with nearly 100% edge for the house entered into in a country where gambling contracts are traditionally regulated only by states that compete in laxity”. Thus far this year, Bitcoin is up nearly 40%.

China’s Ban On Crypto-Related Services

China recently announced an absolute ban on crypto-related services which made Munger laud them further while advocating similar measures from the US government as well. He cited England’s example in early 1700s when all public trading in new common stocks was banned by them for almost a century as a precedence in such cases too; especially when promoters sell large blocks of cryptocurrency to public at much higher prices without fully understanding their implications beforehand.

View Of Warren Buffett On Cryptocurrencies

As mentioned earlier, Munger’s business partner Warren Buffett also holds similar views about cryptocurrencies which makes it even more evident that these two influential investors strongly oppose it.

Conclusion

In conclusion, Charlie Munger reiterated his stance against cryptocurrencies yet again by urging United States government to push ahead with an absolute ban on them just like China did recently due to their lack of real value and intangible nature; all while hailing China for executing such measures successfully along with citing an earlier precedence set by England centuries ago

• Katie Stockton of Fairlead Strategies predicts a pullback in Bitcoin due to the recent rally.
• Bitcoin has climbed roughly 40% since the start of 2023 and has now surpassed the key $23,000 level.
• The upcoming week is a crucial one for Bitcoin as the CME FedWatch Tool signals a more than 98% probability of a 25 basis points hike this time.

The recent rally of Bitcoin has been cause for both celebration and caution. Katie Stockton of Fairlead Strategies has recommended caution, as the recent rally could reverse just as easily. Since the start of 2023, Bitcoin has climbed roughly 40%, surpassing the key $23,000 level. Stockton expressed her „neutral“ view on CNBC’s „Squawk Box“, warning that strong, steep rallies are more characteristic of countertrend moves and that she is sceptical of its sustainability.

The upcoming week is a crucial one for Bitcoin. The CME FedWatch Tool currently signals a more than 98% probability of a 25 basis points hike this time. This could have a significant impact on the price of Bitcoin. In addition, top trader and analyst Peter Brandt has warned of a near-term pullback in BTC, and others have echoed this opinion.

Despite the warnings of a price pullback, Bitcoin is currently trading meaningfully above its 200-day Moving Average. To ensure the sustainability of the rally, investors must watch closely how the Fed’s announcement influences Bitcoin’s price. Although the rally has been strong, it is not yet clear if it is sustainable in the long term. Therefore, caution is recommended when investing in Bitcoin.

• Former FTX.US president Brett Harrison has raised $5 million in seed round funding for his new venture Architect.
• Investors backing Architect include Coinbase Ventures, Circle Ventures, SV Angel and SkyBridge Capital’s Antony Scaramucci.
• Architect is building new institutional-grade trading technology to streamline the crypto markets.

Brett Harrison, the former President of FTX.US, has announced the successful completion of a $5 million seed round for his new venture – Architect. The funding round was led by some of the biggest names in the cryptocurrency space, including Coinbase Ventures, Circle Ventures, and SV Angel. SkyBridge Capital’s Antony Scaramucci was also among the investors who put their faith in Harrison’s project.

Architect is a decentralized finance (DeFi) platform that is focused on building institutional-grade trading technology. The platform is designed to streamline the cryptocurrency markets and provide users with an efficient and secure way to trade digital assets. Harrison has been hard at work since September of last year, and he believes that the platform will revolutionize the DeFi market.

The $5 million seed round was secured by a number of investors, who saw the potential of Harrison’s project. Coinbase Ventures, Circle Ventures, SALT Fund, Third King Venture Capital, Motivate Venture Capital, and SV Angel all put their faith in Harrison’s project. SkyBridge Capital’s Antony Scaramucci also invested in the venture.

The platform is still in its early stages of development, but Harrison has big plans for Architect. He believes that the platform will be able to offer a number of services, including trading tools, market data, and risk management tools. The platform will also cater to both institutional and retail investors, providing them with a secure and efficient way to trade digital assets.

Harrison has also outlined his vision for Architect, which includes building a platform that is compliant with global regulations and that is secure and reliable. He has also stated that he wants to make sure that the platform is accessible to everyone, regardless of their experience with digital assets.

Architect is just one of many projects that are in the works in the DeFi space, but Harrison’s venture stands out thanks to its focus on institutional-grade trading technology. With the $5 million in seed round funding, Harrison is confident that his project will be able to revolutionize the DeFi market. Only time will tell if Architect will be able to live up to Harrison’s expectations, but for now, the project has the backing of some of the biggest names in the cryptocurrency space.