Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.
Axie Infinity is poised for a comeback with its upcoming update, Wings of Nightmare, launching on November 21, 2024, which has already driven the $SLP token up by 25% as excitement builds among players. The post Could Axie Infinity Be Making a Comeback? SLP Up 25% in a Day – Here's Why appeared first on Cryptonews.
Sandbox (SAND) gains momentum, with $0.50 in sight if it clears $0.35.
Amid bullish market sentiment, SAND is poised for a 30% rally as it forms a bullish pattern on the daily chart.
BBVA is launching a tokenized fund integrated into the Spanish securities regulator's sandbox. The fund will be open only to BBVA employees to research the benefits of applying blockchain technology to these applications.
ZA Bank, Hong Kong's digital bank, has launched a sandbox trial of its crypto trading service, aiming to provide retail investors with a regulated platform for virtual asset trading.
Amid confusing cryptocurrency market sentiment, the creator of The Sandbox (SAND), Animoca Brand, has gained notable attention from crypto enthusiasts due to its recent acquisition. On October 26, 2024, the blockchain transactions tracker EyeOnChain made a post on X (Previously Twitter) that Animoca Brand bought 20 million SAND tokens worth $4.95 million from Binance.
Despite a recent pullback, AXS is set for a strong recovery.
The semi-autonomous region of Tanzania is taking advantage of a sandbox regulatory framework adopted in July.
The Zanzibar government has introduced a blockchain sandbox program to encourage entrepreneurship and technological advancements. The program, powered by the Xinfin XDC network and designed by Ledgerfi IT solutions, allows startups to safely test their blockchain-based solutions within the National Blockchain Network.
Are NFTs making a comeback? Following the surge in BAYC's ApeCoin after the ApeChain launch, investment is now shifting towards Axie Infinity, The Sandbox, and emerging layer-2 blockchains.
SAND's breakout could be a sign of a potential bullish reversal, one backed by greater activity.
New interest in crypto gaming has play-to-earn game Axie Infinity (AXS) up as bulls celebrate upside momentum. It's an outlook that's also catalysed interest in Dogizen (DOGIZ). This tap-to-earn game has captured investor attention with the first-ever Telegram ICO.
The crypto market has recorded a jump of ~2% in the past day, resulting in the Bitcoin price retesting its $69,000. Following this, the Metaverse and the gaming industry have regained momentum with many projects retesting their important resistance levels.
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases.
In a recent conversation with KMSmithDC, U.S. Congressman Byron Donalds stressed the importance of developing a regulatory sandbox for the crypto industry. Donalds described the industry as a “toddler” that is still young but has a possibility of growing.
Mysten Labs chief information security officer Christian Thompson told Cointelegraph that gaming is a playground for technologists to explore Web3.
AXS Unlock date - Oct 14th 2024 Number of tokens unlocked- 12.58 million AXS (4.66% of its circulating supply) Current Circulating Supply - 152.23 million million AXS Token distribution Staking rewards - 2.45M tokens (3.13%) Teams - 5.74M tokens (10.1%) P2E - 2.70M tokens (5%) Ecosystem - 1.69M tokens (7.81%) Source - cryptorank.
Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.
The Web 3 game Axie Infinity saw an increase of 11.34% of its staked AXS in one year. From October 1st 2023 till October 2024, the amount of staked AXS has gained 5,956,719 AXS.
Sandbox Alpha season 4, Day 5 included the experience through the labyrinth of Club XYZ with the music of DJ Galantis. The event is based on players exploring different stages and uncovering secrets.
SAND could soar by 15% to reach the $0.305 level if it closes a daily candle above the $0.264 level.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Sandbox shared the full guide for Alpha season 4. This season's battle pass will have a 30-level system.
Contrary to the anticipated “Uptober” rally, the cryptocurrency market has experienced a significant downturn, largely driven by geopolitical tensions in the Middle East. Major assets have seen their values decline, with some retesting multi-week lows.
Digital Assets Week 2024 (DAW24) kicks off today in London, focusing on the integration of digital assets within the global financial system.
The regulatory sandbox aims to strengthen the United Kingdom's position as a global financial hub.
The European Blockchain Sandbox Initiative expands with 41 regulators and authorities from 22 countries, boosting blockchain innovation and regulatory collaboration.
On September 28th, 2024 Sandbox announced 10,000 $SAND total rewards for its new experiences of the week. These new experiences include Multiverse Yard, Planet Survival, Tower of Myths, and Math Op.
A wallet linked to The Sandbox had dumped 25 million tokens worth $7.08 million to Binance and OKX.
Animoca Brands, The Sandbox, and Smobler unveil the Universal Peace Sanctuary, a virtual space promoting global harmony, within The Sandbox metaverse.
Animoca Brands, a company specializing in digital property rights and gaming, alongside The Sandbox, a decentralized virtual world, and Smobler, a metaverse architecture firm, have launched the virtual Universal Peace Sanctuary. The project, hosted in The Sandbox metaverse, aims to foster global peace and cultural understanding.
Sandbox offers over $2.5 M worth of reward pool in its upcoming season. The web3 gaming platform is offering a free limited-time Gold Space Helmet NFT as well to those who will get their spots reserved before the time runs out.
SAND has recently confirmed a breakout from a falling wedge pattern, which is often seen as a bullish signal in technical analysis. This breakout raises expectations for significant upward price movement.
SAND is primed for a breakout, with key metrics signaling a potential long-term rally.
The Sandbox (SAND) has lately attracted interest with opposing opinions on its potential price movement. Although some analysts believe there is room for large increases, short-term data point to a more wary stance.
TL;DR The SEC expands its lawsuit against Binance, now classifying tokens such as Axie Infinity (AXS), Filecoin (FIL), and Cosmos (ATOM) as unregistered securities. Binance and its subsidiary BAM Trading are accused of promoting these tokens as investments without complying with the necessary regulations.
The SEC's latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry.
SAND battled strong resistance at key EMAs, with a breakout above $0.25 needed to spark a recovery and avoid further downside.
Smaller ad-tech firms are raising competition concerns over Google's long-brewing cookies alternative, Privacy Sandbox, at a time when the internet giant's digital ads business is already under U.S. and UK scrutiny.
India is Metaverse platform The Sandbox's largest market for creators with users numbers doubling in less than a year, co-founder Sebastien Borget told CoinDesk in an interview.
Hong Kong has introduced a sandbox for Project Ensemble, a wholesale central bank digital currency (CBDC) project.
Story Highlights The live price of Axie Infinity is . AXS price could trade as high as $10.12 by 2024. Axie Infinity with a potential surge could go as high as $53.16 by 2030. One of the growing trends in the crypto verse is blockchain gaming.
The Hong Kong Monetary Authority (HKMA) has launched a sandbox to its wholesale central bank digital currency (wCBDC) – Project Ensemble.
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong's tokenization market.
The HKMA has launched a sandbox for Project Ensemble, with initial participants including Bank of China, HSBC, Ant Digital and HashKey.
Hong Kong's SFC has launched Project Ensemble Sandbox, marking a significant step in the region's tokenisation development.