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Latest from Lyllah Ledesma
Thetan Arena Battles Axie Infinity in ‘Play-to-Earn’
The games are completely different, but Thetan Arena is joining Axie Infinity in the hunt for crypto-friendly players when there are still scant offerings in the “play-to-earn” space.
Digital Asset Funds Hit by Record $142M of Outflows
Investors pulled money out of funds focused on bitcoin and the currencies of Ethereum, Solana and Polkadot, as crypto markets retreated.
Hedera, a Distributed Network Targeting Businesses, Jumps Into Metaverse Fray
The Hedera partnership comes at a time when sales of virtual NFT land on metaverse projects such as Decentraland and The Sandbox totaled over $100 million in the last week of November.
Bitcoin Struggles to Break $47K as Fed Meeting Looms
Cryptocurrency investors may be moving to take risk off the table, with the Federal Reserve expected to accelerate withdrawal of its unprecedented monetary stimulus in the face of fast-rising inflation.
Crypto Fund Inflows Slow to $88M as Market Retreats
Bitcoin’s price is down 26% in the past 30 days, suggesting investors continue to see the price weakness as a buying opportunity, albeit at a slower pace.
US Inflation Jumps to 39-Year High of 6.8% in November; Bitcoin Falls
Prices for bitcoin, seen by a growing number of investors as a hedge against inflation, jumped 2% after the CPI report from the U.S. Department of Labor’s Bureau of Labor Statistics.
Bitcoin Struggles Below $50K After Crypto CEOs Take Center Stage
Bitcoin’s price popped briefly above $50,000 after Wednesday’s congressional hearing in Washington, but the momentum has faded.
Bitcoin Drops 5%, Slipping Below $50K on Leverage Washouts
Some $187 million of crypto trading positions were liquidated over the past 24 hours.
Crypto Hedge Fund Three Arrows Capital Snaps Up $400M in ETH
The move comes mere weeks after co-founder Su Zhu “abandoned” Ethereum over its prohibitively high fees for new users.
Why Metaverse Tokens Are Getting Hammered in Crypto’s Market Sell-Off
While the future of metaverse and gaming tokens looks bright, there’s little real adoption in the present, according to one analyst.
