Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Category:

NFT Gaming

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)
NFT Gaming

Ethereum Foundation to Unload Another 10K ETH Following SharpLink Deal

by admin September 2, 2025



The Ethereum Foundation (EF) shared in a post on X on Tuesday that it plans to sell 10,000 ETH via centralized exchanges over the next several weeks to support work towards research & developments, ecosystem grants, and related donations.

According to CoinMarketCap, the ETH will amount to roughly $43 million at Tuesday’s prices.

“Conversions will take place over multiple smaller orders, rather than as a single large transaction,” the EF wrote in the post on X.

0/ Transparency Notice: Over several weeks this month, EF will convert 10K ETH via centralized exchanges as part of our ongoing work to fund R&D, grants, and donations.

Conversions will take place over multiple smaller orders, rather than as a single large transaction.

— Ethereum Foundation (@ethereumfndn) September 2, 2025

The news follows the EF’s rollout of a new treasury policy, shared earlier in June, that caps annual operational spending (opex) at 15%, establishes a multi-year reserve buffer and sets a gradual pace toward even leaner spending long-term.

The Foundation sold an additional 10,000 ETH to SharpLink Gaming in July, making it the first publicly traded company to buy ETH from a key firm in the network’s ecosystem.

Tuesday’s announcement comes as ETH price has skyrocketed, reaching an all-time high in late August at $4,866.

ETH was trading around $4,330 as of U.S. afternoon hours Tuesday, up about 2% in the past 24 hours.

Read more: Ethereum Foundation Unveils New Treasury Policy With 15% Opex Cap





Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
8 Crazy Things You Can Buy With Crypto in 2025
NFT Gaming

8 Crazy Things You Can Buy With Crypto in 2025

by admin September 2, 2025



Key takeaways

  • Crypto can be spent on virtually everything in 2025, including high-value and unconventional items.

  • Cryonic preservation, DNA storage and advanced biohacking treatments are now available through cryptocurrency payments worldwide.

  • From property deals to tuition bills, more institutions are opening up to cryptocurrency payments.

  • Autonomous AI agents can make crypto payments, while tokenized racehorses and NFT-linked animals combine digital and physical ownership.

We are past the time when cryptocurrencies were just for trading and investing. You can now use it to buy virtually anything, including luxury and unconventional items, such as private islands, racehorses, luxury bunkers and even biohacking implants. In fact, as adoption spreads, buyers are increasingly turning their digital assets into rare and high-value possessions. This guide highlights some of the most unexpected and remarkable things you can buy with crypto in 2025.

1. DNA-based time capsules

You could preserve your DNA or digital legacy for future generations using crypto. There are services that allow you to pay with Bitcoin (BTC), Ether (ETH) or other cryptocurrencies to store your genome or personal memories securely in biobanks or decentralized digital vaults. 

Many of these platforms use blockchain technology to ensure tamper-proof ownership records and provide timed-release mechanisms. This ensures that your data is accessible only when intended, whether decades or centuries later. 

Some of these services even combine blockchain security with crypto payments. These crypto-funded time capsules give you a way to connect with future generations using your digital assets.

2. Autonomous AI agents

Autonomous AI agents are becoming increasingly more capable as we step into the second half of 2025. These agents can now handle crypto payments on their own without requiring any human intervention — a concept now known as agentic payments. 

Aeon’s AI Payment system is one such example where agents can learn user behavior, compare prices, make purchases and complete crypto transactions across websites, QR codes and even NFC-enabled retail setups.

These systems often work across blockchains like BNB Chain and Solana, among others. Meanwhile, infrastructure players such as Mastercard are building secure tokenization layers so AI agents can operate under strict user-defined permissions, maintain transparency and stay within oversight frameworks.

All these developments collectively signal toward an increasingly apparent shift — one in which AI, blockchain and smart contracts start to work in sync to power faster, automated and trust-minimized digital commerce.

Did you know? Pizza chains in the US and Europe accept crypto via platforms such as BitPay. You can use BTC, ETH or stablecoins for dinner.

3. Cryonic preservation

Cryonic preservation is the practice of storing the human body (or just the brain) at extremely low temperatures after legal death. The goal is to revive them in the future, once science catches up and finds a way to treat what we call fatal today, whether that’s disease, injury, or age-related decline

Companies like Alcor Life Extension Foundation are already offering these services, and they accept Bitcoin and other cryptocurrencies as payment methods.

The idea of paying with crypto makes sense for something as radical as cryonics. Both appeal to people who trust tech more than incumbent systems. In any case, if you are planning to come back from the dead, odds are high you are probably not the type who writes checks. Paying with crypto just fits.

4. Luxury cars

Purchasing luxury cars with cryptocurrency is now a reality. Ferrari accepts crypto payments for its luxury cars in the US and the EU. Select dealers of Lamborghini accept digital currencies for vehicle purchases, too. 

Post Oak Motor Cars in Houston accepts crypto for luxury vehicles, such as Bentley and Bugatti, using BitPay. Ferris Cars in South Africa accepts payments in cryptocurrencies for vehicles. 

Other dealers where you can pay in cryptocurrencies include Exclusive Automotive Group, an authorized dealer for Aston Martin and Bentley in Washington, D.C.; Infiniti of San Jose, California; and Puente Hills Mitsubishi in City of Industry, California.

Most dealers partner with services like BitPay or CoinPayments to convert crypto to fiat instantly without risking delays and volatility. However, some dealerships may allow direct wallet-to-wallet payments. 

Did you know? Bentley University (Massachusetts, US) now accepts Bitcoin, Ether and USDC (USDC) for tuition fees through a Coinbase partnership.

5. Tokenized racehorses and NFTs of real animals

Cryptocurrencies are creeping into stables and sanctuaries, too. Platforms like Hoofborn now let you buy fractional ownership of actual racehorses using blockchain technology. So, instead of betting on a horse, you could own a piece of one.

There’s also a growing trend of tying real animals to non-fungible tokens (NFTs). Cryptozoology is an emerging trend where real-world animals, such as exotic pets, endangered species or livestock, are linked to NFTs. 

These tokens can fund conservation efforts, raise awareness or represent caretaking rights. For example, NFT holders may support wildlife sanctuaries or get access to behind-the-scenes animal interactions. 

6. Cosmetic surgery and biohacking implants

Some cosmetic clinics are already accepting crypto for procedures such as liposuction, botox and even hair transplants. A Beverly Hills practice, a Miami surgeon and a clinic in Atlanta all joined the crypto club recently.

Beyond that, biohacking is going mainstream. Think peptide therapy, NAD+ (nicotinamide adenine dinucleotide) infusions, exosome and stem cell treatments. Clinics in Dubai and elsewhere are leading the charge, and given how crypto-friendly Dubai is, crypto payments might not be far off there either.

Globally, biohacking clinics are gaining popularity. In Dubai and other parts of the world, centers for advanced, non-invasive treatments such as NAD+ infusions, peptide therapy, stem cell treatments and exosome therapy are becoming more widely available.

With the crypto-supportive regulatory regime in Dubai, it won’t be surprising if some of these begin accepting crypto payments.

7. Real estate

Purchasing real estate with cryptocurrency has become increasingly common in 2025. In Los Angeles, Christie’s International Real Estate has established a dedicated cryptocurrency division to handle property purchases using digital assets such as BTC and ETH. 

Christie’s has finalized multiple luxury home sales in Southern California. Real estate platforms such as Crypto Real Estate and RealOpen allow users to browse properties, including private islands, and purchase them directly using cryptocurrencies. These platforms list thousands of crypto-friendly properties worldwide. 

If local jurisdictions prohibit direct crypto transfer for buying property, platforms may integrate with concierge services that discreetly convert cryptocurrency to traditional currency.

Meanwhile, platforms like Propy use blockchain and artificial intelligence to manage escrow and property titles onchain. The vision behind a move like that is to simplify the closing process for crypto-based real estate transactions.

Companies like Ledn and Salt Lending offer crypto-collateralized mortgages to buyers who use BTC as collateral.

Did you know? The United Nations International Children’s Emergency Fund’s (UNICEF) CryptoFund accepts donations in Bitcoin and Ether, using them to fund global initiatives transparently.

8. Luxury accessories

Online retailers like CW Sellors in the UK accept various cryptocurrencies, including BTC, ETH and USDC, for luxury watches and jewelry.

Similarly, Ace Jewelers allows unlimited cryptocurrency payments for high-end watches and accessories at its European stores. Another notable example would be Crypto Emporium, which offers global collectors a massive collection of prestigious brands like Rolex, Patek Philippe and Audemars Piguet. You can purchase all of it with Bitcoin and other digital currencies.

Even mainstream payment processors like BitPay also enable cryptocurrency purchases at numerous jewelers and watch dealers worldwide.

What is next

The use cases we have covered above are just the proverbial tip of the iceberg. For instance, countries like El Salvador and some US states like Utah already accept Bitcoin for taxes. Similarly, a few universities in Switzerland and the US are currently testing crypto tuition payments.

All things considered, crypto may never replace money outright, but it’s clearly becoming part of how people spend, invest and interact with services worldwide.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
Key Reason Why Bitcoin Is Never Dropping Below $52K Again
NFT Gaming

Key Reason Why Bitcoin Is Never Dropping Below $52K Again

by admin September 2, 2025


  • Has Bitcoin ever dropped below 200 WMA?
  • Bitcoin bucking risk-on trend 

Bitcoin’s 200-week moving average (200 WMA) has now passed the $52,000 mark. 

This essentially means that Bitcoin is likely never going back below the aforementioned level. 

The 200 WMA is frequently utilized by traders in order to be able to smooth out years of price data and identify very broad trends.

This level is frequently seen as Bitcoin’s diamond-crusted support level that almost never gets breached. 

Has Bitcoin ever dropped below 200 WMA?

Even though the 200 WMA is usually treated as the ultimate bottom, it is worth noting that the leading cryptocurrency has indeed dropped below that key level on several occasions. 

For instance, the price of the flagship coin plunged below the key support during the most brutal days of the 2018 “crypto winter.” The cryptocurrency also slipped below the 200 WMA during the infamous “Black Thursday” back in 2020. 

You Might Also Like

However, the instances when Bitcoin dropped below the key moving average would always mark long-term market bottoms. 

Conversely, when the Bitcoin price gets overextended above the 200 WMA, it typically tends to reach the top of a specific market cycle.  

Bitcoin bucking risk-on trend 

In the meantime, Bitcoin is currently trading in the green after recently breaching the $111,000 level earlier today. 

The cryptocurrency managed to deviate from US equities, including the tech-heavy Nasdaq 100 index. The stocks are currently in the red amid growing concerns about tariffs and rising bond yields. 

However, the leading cryptocurrency is still underperforming gold, which is consistently hitting new record highs. 

The cryptocurrency is still down nearly 11% from the record high that was achieved on Aug. 14. 



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
WLFI crypto holders targeted by phishing attacks at scale post launch
NFT Gaming

WLFI crypto holders targeted by phishing attacks at scale post launch

by admin September 2, 2025



Experts warn that scammers are specifically targeting the hype around Trump’s WLFI token.

Summary

  • Scammers are deploying phishing attacks at scale, exploiting the hype around WLFI
  • Phishing attacks weaponize Ethereum’s new functionality, enabling wallets to act as smart contracts
  • Ethereum’s EIP-7702 enables users to sign multiple complex transactions at once

The launch of World Liberty Financial (WLFI) cryptocurrency, linked to U.S. President Donald Trump, resulted in unprecedented hype. With volumes rivaling many of the biggest crypto projects, scammers were prepared to exploit the situation.

Shortly after the launch on Sept. 1, Yu Xian, founder of the blockchain security firm SlowMist, reported phishing attacks at scale. He explained that attackers are using new functionality built into Ethereum wallets introduced with Ethereum’s Pectra upgrade.

SlowMist’s Yu Xian on one case of WLFI EIP‑7702 “delegate” scam | Source: X

According to Yu Xian, the EIP-7702 “delegate” function enables external accounts to act like smart contract wallets. While this improves functionality, it also enables attackers to hijack the delegate mechanism if they compromise the private key.

How scammers target WLFI holders

The EIP-7702 “delegate” scam works as follows. The attackers first exploit a private key via phishing. Then, they embed a malicious delegate smart contract in the wallet. At that point, once a victim makes any transaction, the malicious code executes, draining the victim’s tokens.

The main reason attackers opt for the delegate scam is scale. Traditional phishing requires attackers to monitor and manually drain wallets. With delegate contracts, they can set parameters that auto-execute transactions, for instance to receive WLFI tokens via airdrop.

This is not the only type of scam that targets WLFI holders. For instance, attackers also try to trick users into buying fake WLFI tokens. In one case, attackers targeted one user who had bought WLFI tokens. They then airdropped honeypot WLFI tokens until the user accidentally bought a fake token on Phantom Swap. The victim lost $4,876 to the scheme.



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

Winklevoss Twins’ Crypto Exchange Gemini Eyes $2.3 Billion Valuation in Public Offering

by admin September 2, 2025



In brief

  • Gemini plans to raise up to $317 million in its IPO at a valuation of roughly $2.3 billion, with shares expected to price between $17 and $19 and trade under the ticker GEMI.
  • The offering follows blockbuster crypto listings from Circle and Bullish, whose valuations soared after their debuts.
  • Co-founders Cameron and Tyler Winklevoss, close allies of President Trump, have used their political ties as Gemini positions itself as one of the most prominent U.S. crypto exchanges.

Gemini announced Tuesday that it intends to raise up to $317 million via its much anticipated public offering—a raise that would value the company at almost $2.3 billion.  

The crypto exchange, co-founded by Cameron and Tyler Winklevoss, will target an initial stock price between $17 and $19 a share, the company said. The IPO will consist of roughly 16.6 million shares of Class A stock. 

The company has yet to announce the exact date of its Wall Street debut under the ticker GEMI—but based on the details featured in today’s announcement, it is likely to be soon. 



Goldman Sachs, Citigroup, Morgan Stanley, and Cantor Fitzgerald will be lead underwriters on the offering. 

Gemini initially filed to go public with the SEC earlier this summer, following the smash success IPO of stablecoin issuer Circle.

Amid excitement about the crypto sector’s booming fortunes and favorable regulatory shifts spearheaded by the Trump administration, Circle’s stock price more than quadrupled its initial target within hours of debuting—and has largely kept steady since then.

Last month, crypto exchange Bullish fared similarly during its IPO, more than tripling its target stock price on the first day of trading, and surging its valuation to over $12 billion.

Gemini will look to capitalize on what appears to be a positive association with crypto firms on Wall Street. The company is not only one of America’s more prominent crypto exchanges—but also one with particularly close ties to President Donald Trump and the White House.

The Winklevoss twins were some of the only crypto executives to vocally back the president in the run-up to the 2024 election. Shortly after Trump retook office, his SEC filed to pause its yearslong lawsuit against Gemini over its crypto lending program.

Last month, the Winklevosses announced a $21 million pro-crypto PAC explicitly created to defeat Democrats in the upcoming 2026 midterm election. The brothers have also been prominently featured at crypto-related White House events this year, including March’s crypto summit and the signing of the stablecoin-focused GENIUS Act in July.

“These are two smart, handsome guys,” Trump remarked of the brothers, who were seated in the front row at the GENIUS Act signing ceremony this summer. “They got the look, they’ve got the genius, got plenty of cash, and it’s great that you’re on our side.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
XLM/USD (TradingView)
NFT Gaming

Stellar Lumens Gains 3% Ahead of Network Infrastructure Overhaul

by admin September 2, 2025



Stellar Lumens (XLM) extended its recent rally over the past 24 hours, climbing 3% as buyers absorbed heightened selling pressure and pushed the token into fresh resistance levels. Between Sept. 1 at 15:00 UTC and Sept. 2 at 14:00 UTC, XLM advanced from $0.36 to $0.36, with volatility of 5% underscoring active participation.

The asset found support at $0.35 following a brief wave of selling before consolidating in the $0.36 range. Resistance emerged around $0.37, where the market saw two rejection points, though trading volumes above the daily average of 31.2 million tokens signaled sustained institutional interest.

The bullish structure carried into the final hour of the session, when XLM gained 2% from $0.36 to $0.37. The move was bolstered by a volume spike of 2.7 million units at 14:00 UTC, enabling the token to briefly pierce the $0.37 ceiling before stabilizing above $0.36. The breakout reinforced the 24-hour trend and suggested buyers are building a foundation for further upside if volume momentum continues.

At the same time, leading South Korean exchanges Bithumb and Upbit said they will suspend XLM deposits and withdrawals beginning Sept. 3 at 09:00 UTC. The move is part of preparations for Stellar’s Protocol 23 upgrade, which aims to modernize network infrastructure and expand interoperability.

Protocol 23 has been framed as a step toward broadening Stellar’s utility for real-world assets, of which roughly $460 million are already circulating on the network. The synchronization of price gains with network enhancements highlights a growing narrative of enterprise adoption.

CoinDesk Data’s technical analysis model note that the consolidation above $0.36, combined with systematic accumulation around key support levels, points to ongoing institutional positioning that could pave the way for a sustained move beyond $0.37.

XLM/USD (TradingView)

Market Analysis Reveals Strengthening Corporate Interest
  • Price established fundamental support at $0.35 during heightened selling pressure on September 1, 21:00.
  • Robust accumulation activity developed between $0.36-$0.36 following decisive market recovery.
  • Resistance parameters identified at $0.37-$0.37 where price encountered dual rejection events.
  • Trading volume increases above 24-hour average of 31.20 million validated institutional market participation.
  • Asset maintaining consolidation within ascending price channel formation.
  • Breakout potential above $0.37 resistance dependent upon sustained volume validation.
  • Trading momentum accelerated during 13:35-13:46 session with decisive upward movement.
  • Enhanced support structure established around $0.36-$0.36 price levels.

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
Rarible Launches New NFT Marketplace With Buyback Rewards Model
NFT Gaming

Rarible Launches New NFT Marketplace With Buyback Rewards Model

by admin September 2, 2025



Non-fungible token (NFT) marketplace Rarible launched a redesigned trading platform on Tuesday and rolled out a new system that directs transaction fees into token buybacks. 

Rarible told Cointelegraph that the model, which redistributes tokens to active traders, is intended to create a sustainable alternative to earlier NFT marketplace incentive schemes that relied on fixed token allocations. 

“Previous designs in the NFT marketplace ecosystem were not sustainable,” Anna Riabokon, head of operations and governance at the RARI Foundation, told Cointelegraph.

“They heavily incentivized traders with unsustainable levels of redistribution, only to dry up when their allocations from the token distribution were exhausted.” 

Riabokon told Cointelegraph that with the new model, the RARI Foundation will direct all revenue generated from platform transaction fees “back into the hands of the traders.” She claimed this essentially creates a “fee-free” marketplace. 

Previous NFT marketplace attempts at token rewards

Other NFT marketplaces have experimented with reward programs, often relying on token incentives to boost trading activity. 

In 2023, Blur dominated NFT volumes using a points-based system that rewarded traders with future token airdrops.

However, while the strategy quickly attracted liquidity, it also fueled wash trading methods, where users bought and sold NFTs back and forth to maximize airdrop rewards without genuine market demand. 

NFT platform LooksRare also launched a similar approach, distributing its token to traders as part of an emissions schedule. While the model briefly boosted volumes, much of the activity fell sharply once token rewards lost value.

Related: PENGU token loses 20% in August amid Pudgy Party game launch

Rarible exec says revenue generation sets platform apart 

While previous reward program iterations from competitors showed unsustainable results, Rarible remains optimistic about its token rewards system. Riabokon told Cointelegraph:

“Unlike other marketplaces, Rarible generates revenue from licensing its software to brands such as Mattel and McFarlane Toys and over 40 other partners, and can consequently support the broader community with this system in a sustainable and long-term way.”

“By redirecting all revenue generated from trading into this incentive program, the system is inherently sustainable,” Riabokon added. 

She also said that the platform will ensure transparency. Riabokon told Cointelegraph that all payment of transaction fees is onchain and can be traced to the RARI Foundation treasury.

She said leaderboards will be provided as part of the incentive program, and the foundation will issue regular transparency reports. 

Magazine: Animoca’s Tower crypto surges 214%, gaming activity up in July: Web3 Gamer



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
Wall Street Just Saw Its First Dogecoin Treasury, and It Collapsed 59%
NFT Gaming

Wall Street Just Saw Its First Dogecoin Treasury, and It Collapsed 59%

by admin September 2, 2025


As September begins, the trend of traditional companies transitioning into crypto treasuries, which started in full effect last summer, shows no signs of stopping. This cycle has seen the formation of Ethereum, Solana, BNB, HYPE and many other types of “treasury companies.”

The latest to join is CleanCore Solutions, a cleaning services provider. Trading under the ticker ZONE on the New York Stock Exchange, the company just announced a $175,000,420 placement to establish an official Dogecoin treasury.

You Might Also Like

This initiative will be backed by Dogecoin Foundation and the House of Doge, two well-known DOGE-oriented entities.

Source: TradingView

However, the result of the move was not so tremendous, as the ZONE stock price dropped by almost 60% on the NYSE pre-market. Last Friday, the stock price reached a high of $7.00, but by the end of the three-day weekend, it had collapsed to $2.71.

Dogecoin treasury turned financial catastrophe

It is unclear whether this was an inside job, as the most recent Nasdaq data shows that executives last sold stock in July, when Bethor LTD, a beneficial owner of CleanCore, sold 34,618 ZONE stocks.

You Might Also Like

Interestingly, though, the price of DOGE itself rocketed by over 2.3% in just one hour after the announcement. Commenting on the ZONE stock plunge, Eric Balchunas, a prominent voice in the ETF space, offered a laconic yet eloquent response, “What a world.”

It’s difficult to disagree with Balchunas. “Surreal” doesn’t adequately describe a cleaning service provider pouring $175 million into a meme coin when DOGE is the most popular and biggest in the crypto market, only to see its stock plummet 59%.



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
Ethereum
NFT Gaming

Ethereum Scores Milestone As Chinese Firm Floats 1st Public RWA Bond

by admin September 2, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

China has taken another step into blockchain-based finance, but in a way that avoids direct involvement with cryptocurrencies.

A state-owned firm in Shenzhen has launched a digital bond offering on Ethereum, showing how the country is selectively embracing new technology while keeping its hard stance on crypto trading in place.

First State-Backed RWA Bond On Ethereum

According to reports, Futian Investment Holding completed a 500 million yuan issuance of offshore bonds on August 29.

The bonds, equal to nearly $70 million, were rolled out in Hong Kong and listed on the Ethereum blockchain. They carry a 2.62% annual interest rate and will expire in two years.

The company described the deal as part of an effort to expand its funding sources while also responding to the growing use of real-world assets and tokenization in global markets.

It also pointed to Hong Kong’s supportive policies as a factor in the decision, saying the bond aligns with the district’s push to attract digital asset innovation.

⚡️ #UZX BREAKING NEWS #RWA

Futian Investment Holding Announces Issuance of the World’s First Public RWA Digital Bond on a Public Blockchain pic.twitter.com/E2sGIJZdwl

— UZX Official (@UZX_Official) September 2, 2025

Crypto Still Off-Limits At Home

The move does not mean that China has softened its ban on crypto or Ethereum. Back in 2021, Beijing imposed a full ban on crypto mining and trading.

Officials at the time said the measures were needed to control energy use and to guard against risks that might destabilize the country’s financial system.

BTCUSD trading at $110,388 on the 24-hour chart: TradingView

That ban remains in effect today. Ordinary citizens and companies in mainland China are still blocked from using or trading cryptocurrencies.

What is allowed, however, are limited experiments like tokenized bonds that stay within the bounds of traditional finance.

Hong Kong As A Testing Ground

By routing the deal through Hong Kong, Beijing can keep its domestic ban intact while still signaling that it wants exposure to blockchain-based finance.

The bustling metro has been given more room to try out digital asset projects, and this latest bond fits into that role.

Image: Meta

China’s strategy delineates a clear split: blockchain as a tool for finance is embraced in regulated manifestations, while crypto as an unfettered market asset is still off-limits.

Stablecoins, particularly dollar-denominated stablecoins, have also attracted scrutiny in Beijing, with officials concerned that they can undermine other currencies based around the world.

Reports suggest this RWA bond may be the first in a series of state-backed blockchain and Ethereum financial products tied to Hong Kong.

For now, the issuance shows China’s intent to cautiously explore blockchain without reopening the door to Bitcoin, stablecoins, or wider crypto adoption.

Featured image from Agoda, chart from TradingView 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
is a reversal to $1.19 next?
NFT Gaming

is a reversal to $1.19 next?

by admin September 2, 2025



Cardano price is defending the $0.79 support, backed by Fibonacci confluence and the lower Bollinger Bands. Market structure remains bullish, with the next upside objective set at $1.19.

Summary

  • Cardano is holding $0.79 support, reinforced by Fibonacci and Bollinger Band confluence.
  • Market structure remains bullish with consecutive higher highs and higher lows.
  • Next upside target is $1.19, contingent on sustained bullish volume.

Cardano (ADA) is currently holding firm above a major high time frame support level at $0.79. This zone has multiple technical confluences, reinforcing its importance as a structural foundation for continuation higher. With the Grayscale ADA ETF deadline approaching, Cardano is also eyeing a breakout that could strengthen its bullish outlook. With bullish market structure already confirmed, ADA is positioning itself for a potential move back toward higher resistance levels.

Cardano price key technical points

  • Support at $0.79: Confluence of 0.618 Fibonacci retracement and lower Bollinger Bands.
  • Bullish Market Structure: Higher highs and higher lows confirmed since the last breakout.
  • Upside Resistance at $1.19: Next major target if momentum continues higher.

ADAUSDT (1D) Chart, Source: TradingView

The $0.79 level has become the anchor of Cardano’s current price action. With the 0.618 Fibonacci retracement aligning at this zone and the lower Bollinger Bands providing an additional cushion, the technical setup strongly favors support holding. This region is where buyers are stepping in, preventing further downside and reinforcing bullish momentum.

From a structural standpoint, ADA continues to follow a bullish trajectory. The breakout above the previous high confirmed the market’s bullish direction, and the consistent pattern of higher highs and higher lows highlights the strength of the trend. A successful bounce from this support would establish yet another higher low, adding further validation to the bullish case.

The next key resistance lies at $1.19, a major high time frame barrier that must be tested for continuation. This level represents not only horizontal resistance but also a zone where prior sellers have stepped in, making it an important checkpoint for ADA’s bullish advance. Clearing this resistance would solidify the breakout and open the door for further expansion.

The volume profile also reflects healthy market dynamics. Strong bullish inflows have been visible at the current trade location, signaling demand. For a sustained move to materialize toward $1.19, these volume inflows must continue and grow stronger. Without consistent demand, the market risks stalling within the support region; with continued demand, ADA is well-positioned for continuation higher.

What to expect in the coming price action

As long as Cardano maintains its support at $0.79, the bullish bias remains intact. A successful bounce here, backed by strong volume inflows, is expected to drive a rotation toward $1.19 resistance, confirming another higher low in the broader market structure.



Source link

September 2, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • …
  • 70
  • 71
  • 72
  • 73
  • 74
  • …
  • 108

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (772)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5
  • The 10 Most Valuable Cards

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close