Tag:

ahead

Decrypt logo
GameFi Guides

Can Bitcoin Match Gold’s Historic Rally? Analysts See Key Test Ahead

by admin



In brief

  • Gold hit an inflation-adjusted record high of $3,683/oz, surpassing a 45-year-old record.
  • Bitcoin climbs 6% to $114,286 but analysts watch gold-to-Bitcoin ratio for breakout signals.
  • Prediction markets now favor gold over Bitcoin through year-end, with 63% betting on precious metal.

If Bitcoin can keep pace with gold as it soars to an inflation-adjusted record high, then it could be poised for a big breakout, analysts told Decrypt.

The spot price for gold just exceeded an inflation-adjusted peak set more than 45 years ago. The price per ounce of gold in U.S. dollars has climbed 8% in September to a high of $3,683.14. That’s enough to edge it past the January 21, 1980 high of $850 per ounce. When those 1980 dollars are adjusted for inflation, they would have been worth $3,539.58 as of August 2025.

Bitcoin has climbed more than 6% over the same period, going from $107,634 to $114,408 at the time of writing, according to crypto price aggregator CoinGecko. The price of BTC currently sits about 8% under a peak above $124,000 set last month.

Analysts at QCP Capital, a digital asset trading firm in Singapore, told Decrypt they’re watching to see how gold and Bitcoin move in tandem to shape their Q4 forecast for BTC.



“We’re watching whether the gold-to-Bitcoin ratio approaches 0.041, a level that has historically coincided with periods where gold rallies while Bitcoin stabilizes,” they said. “With institutional treasury flows picking up, this zone is worth monitoring as a potential marker for shifting market dynamics.”

At the time of this writing, the gold-to-Bitcoin ratio sits at 0.032. Neither asset exists in a vacuum, but generally speaking, Bitcoin would need to fall or gold would need to rise even higher to nudge the ratio towards the sweet spot.

Users on Myriad, a prediction market owned by Decrypt parent company DASTAN, think there’s a slim chance Bitcoin will outperform gold this year. At the start of the day, the odds were as close as they’ve ever been with 54% of predictors saying gold will beat BTC. But since the precious metal set its new all-time high, the goldbugs have grown to 63%.

Bitcoin has been sitting around $114,000 for most of New York trading hours on Thursday after having peaked at $114,696 around midday. After a hotter-than-expected consumer price index report from the Bureau of Labor Statistics this morning, BTC is now trading 0.7% higher than it was this time yesterday.

The QCP analysts added that they’re also keeping a close eye on the gold-to-S&P 500 ratio, which they see as a “barometer of risk-off versus risk-on sentiment across traditional assets,” as well as the BTC-to-ETH ratio to gauge rotation within digital assets.

“Together, these cross-asset ratios provide important context for how risk is being priced across both traditional and digital markets,” they said.

Daily Debrief Newsletter

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



Source link

0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

Arthur Hayes Buys Nearly $1M in Ethena Ahead of Hyperliquid Vote

by admin



In brief

  • Hayes has accumulated about $995,000 worth of ENA in the past two days, according to Arkham Intelligence.
  • Ethena, backed by BlackRock, has pledged to route 95% of USDH revenue to Hyperliquid and cover migration costs.
  • Native Markets leads the race with 90% odds, while Paxos revised its proposal and secured a Kraken listing offer.

Arthur Hayes, co-founder of crypto investment fund Maelstrom, bought the Ethena token this week, tying his latest move to a project vying for control of the USDH stablecoin ticker as Hyperliquid validators head into a decisive vote on Sunday.

Hayes has accumulated multiple tranches of Ethena’s ENA token over the past two days, including 578,956 tokens worth about $473,000 on Wednesday and two earlier purchases totaling roughly 672,800 ENA, or $521,000, according to data tracked by Arkham Intelligence.

The total, including those from Monday, amounts to roughly $995,000 worth of Ethena tokens within a 48-hour window.

Hayes’ purchases come as Ethena remains a contender in the USDH stablecoin race, with Hyperliquid validators set to decide the ticker on Sunday.

Ethena’s proposal, backed by BlackRock, would use its USDtb stablecoin to collateralize USDH via BlackRock’s BUIDL fund, with 95% of revenue pledged to Hyperliquid and costs covered for shifting trading pairs from USDC.

Ethena’s proposal is a “strong bid from one of crypto’s fastest-growing and most impressive ecosystems,” David Lawant, head of research at FalconX, wrote in a blog post published Wednesday.

  

Lawant pointed to USDe’s market cap of more than $13 billion and Ethena having processed $23 billion in cumulative mints and redemptions without security incidents or downtime.

Still, Hayes’ buy “reads as personal positioning, rather than putting a backing behind Ethena specifically for the USDH votes,” Kirby Ong, founder of HypurrCollective, a grassroots collective for founders, builders, traders, and power users on the Hyperliquid ecosystem, told Decrypt.

“With the $USDH proposal, the deciding factors will likely come down to validator alignments with their current stakers, whether prediction market sentiment translates into actual on-chain votes,” Ong said.

Other contenders

Paxos, backed by PayPal, is also a top contender, according to Lawant. It revised its proposal on Wednesday, expanding from an emphasis on regulatory pedigree to pledging a larger share of reserve yield to Hyperliquid’s Assistance Fund and deferring any issuer take until the product scales past $1 billion.

On Wednesday evening, Paxos announced it had received an offer from Kraken to list USDH and HYPE from day one, with free USD on- and off-ramps, pending the exchange’s standard review.

Meanwhile, Native Markets remains front and center.

Despite being a newly formed company, Native Markets remains the top contender, with 90% odds in its favor, according to live data on Myriad Markets.




Disclosure: Myriad is a prediction market developed by Decrypt’s parent company DASTAN.

Native Markets pitched a GENIUS-compliant USDH managed through Bridge, Stripe’s stablecoin issuer, with reserves in cash and Treasuries overseen by BlackRock off-chain and Superstate on-chain. 

Its plan splits yield evenly between Hyperliquid’s Assistance Fund and ecosystem growth, and promises a HyperEVM launch with seamless interoperability.

Ong explained that while prediction markets “help set expectations,” validator support “determines the valid candidates,” and that “ultimately, anyone can help to decide and set the direction for USDH by staking their weight and making their votes known by delegating to the validator that best matches their vote.”

Ong added: “The final outcome on Sunday may depend on which team gains the most trust and perceived long-term value for the ecosystem.”

Decrypt has reached out to Hayes, Paxos, and Ethena for comment. A separate request was sent to Native Markets through an ecosystem operator (Max Feige).

Other contenders include Sky, the issuer of USDS (formerly MakerDAO’s DAI), Frax Finance with a bank-partnered bid, and Agora, which has warned against Native Markets’ reliance on Stripe-owned Bridge while pledging to channel all net revenue back into Hyperliquid.

Daily Debrief Newsletter

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



Source link

0 comments
0 FacebookTwitterPinterestEmail
If Elden Ring Nightreign wasn't punishing enough for you, FromSoft is adding a high-difficulty mode
Game Updates

FromSoftware unveils Elden Ring Nightreign’s new mode ahead of release tomorrow

by admin



FromSoftware has unveiled its new Deep of Night mode for Elden Ring Nightreign, ahead of its release tomorrow, 11th September.


As revealed last week, this mode adds extra challenge to the multiplayer spin-off game. The world of Limveld will be full of deadlier enemies and Nightlords won’t be selectable, as in the main game. Instead, players will traverse multiple depths, with escalating difficulty and challenges.


Players will have access to stronger weapons, gained by defeating more powerful variants of enemies and minibosses. However, some of these will have detrimental effects as well as bonuses, so strategy will be required. A new load of relics will also be available, in addition to expanded slots.

ELDEN RING NIGHTREIGN | Deep of Night Overview TrailerWatch on YouTube

Everdark Sovereigns – the more difficult alternative Nightlords – may also appear to ruin your run.


In short, this feels like the sort of mode Nightreign players have been craving! And it’s further evidence of FromSoftware continuing to evolve its formula further post-release, following the addition of a two player mode.

This is a news-in-brief story. This is part of our vision to bring you all the big news as part of a daily live report.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Elden Ring Nightreign Gets New Patch Ahead Of Deep Of Night
Game Updates

Elden Ring Nightreign Gets New Patch Ahead Of Deep Of Night

by admin



From Software’s games tend to be challenging for most players, and the developer is making things even harder with Elden Ring Nightreign’s new Deep of Night mode. Before that launches later this week, Elden Ring Nightreign has received patch 1.02.2 with new bug fixes and gameplay tweaks. From Software has also shared a video that breaks down some of the changes coming in Deep of Night.

One of the ways Deep of Night will keep players on edge is that they won’t know which Night Lord they’re actually facing until the battle begins. Flexibility is going to be the key to overcoming those battles, and the video suggests preparing relic presets before going into those fights.

More powerful enemies will appear throughout Deep of Night, and players will have the opportunity to pick up weapons that can dispatch them. However, those weapons will have a detrimental effect on player characters that may make battles even more grueling. As players go deeper into Deep of Night, their enemies will become increasingly difficult.

In the patch notes, From Software indicated that Everdark Sovereign Libra may be a little easier going forward because his Condemned warriors will now have less damage negation and they will drop items that can help players in-battle.

Guardian class heroes will be receiving increased strength and dexterity when leveling up, as well as a larger range for their ultimate art’s attack. The patch also appears to penalize players who drop out of matches, even if their connection was disrupted. But players can remove the penalty if they rejoin the session.

Deep of Night will go live on September 11. The full notes for Elden Ring Nightreign version 1.02.2 are included below.

Balance Changes and Feature Updates

Nightfarers Adjustments

Wylder

  • Increased Poise while casting Claw Shot.
  • Increased Stamina damage dealt by Claw Shot to blocking enemies.

Guardian

  • Increased Strength and Dexterity gain when leveling up.
  • Increased the Steel Guard passive ability angle range.
  • Increased the range of the Wings of Salvation Ultimate Art’s weapon portion.
  • Increased the attack power of Halberd guard counters.

Duchess

  • Increased Dexterity gain when leveling up.
  • Increased the attack power of some Dagger attacks.
  • Decreased the two-handed Dagger’s second heavy attack damage.
  • This change does not affect charged attacks.
  • Increased the duration of the Finale Ultimate Art.

Raider

  • Increased the Greataxe’s and Great Hammer’s ability to stagger enemies with attacks.
  • Increased the attack range of the Retaliation skill.

Revenant

  • Adjusted the transparency of Revenant’s summoned spirits.
  • Players can now pass through Revenant’s spirits Helen and Frederick.

Recluse

  • Increased the offensive spells attack power of Magic Cocktail.
  • Decreased the time required to cast spells using Magic Cocktail.

Executor

  • Increased attack power while Cursed Sword is in use.
  • Increased the attack power of the Cursed Sword weapon skill when the skill is in use and the blade is in its unleashed state.
  • Increased the attack power of some attacks while Aspects of the Crucible: Beast is active.

Weapons, Passive Effects, and Special Effects Adjustments

  • Increased the stagger damage with dual-wielded jump attacks for some small and medium weapons..
  • Decreased the stagger damage with dual-wielded jump attacks for some large weapons.
  • Increased the potency of the death status ailment applied by the weapon skill Death Flare of Eclipse Shotel.
  • Set a cap on the cumulative effects of the Power of Vengeance and Power of House Marais passive effects and adjusted their potency accordingly.
  • Adjusted the stagger effect of the “Guard counters trigger holy bursts” passive’s explosion to ensure that it doesn’t reset the enemy’s posture break state.

Relic Effects Adjustments

  • Adjusted the effect “[Wylder] Standard attacks enhanced with fiery follow-ups when using Character Skill (greatsword only)” to consume stamina when performing follow-up attacks.
  • Increased the attack power of the “[Wylder] Art activation spreads fire in area” burn effect.
  • Adjusted the effect “[Wylder] Art activation spreads fire in area” so that the burn effect’s attack power does not vary between one-handed and two-handed weapon wielding.
  • Increased the duration extension of the “[Ironeye] Extends duration of weak point” effect.
  • Increased the potency of the “Continuous HP Recovery” effect.
  • Increased the potency of the “HP restored when using medicinal boluses, etc” effect.
  • Increased the potency of the “[Recluse] Activating Ultimate Art raises Max HP” effect.
  • Changed the “[Recluse] Activating Ultimate Art raises Max HP” effect so that the HP increase persists until an attack is received, even after the art’s duration ends.
  • Increased the amount of Runes obtained through the “Critical Hits Earn Runes” effect.
  • Increased the potency of the “HP Restoration upon (specific weapon type) attacks” effect.
  • Increased the potency of the effect “FP Restoration upon (specific weapon type) attacks” effect.
  • Reduced the duration of the “Improved Poise & Damage Negation When Knocked Back by Damage” effect.

Other Nightfarers Adjustments

  • Adjusted the visibility of the “Rykard’s Rancor” sorcery.

Everdark Sovereign adjustments

Everdark Sovereign Sentient Pest

  • Increased attack and stamina attack power against guarding Nightfarers while possessed by Animus, Ascendant Light.
  • Adjusted and modified the attack actions of Animus, Ascendant Light, Gnoster, Wisdom of Night, and Faurtis Stoneshield.
  • Reduced the stagger duration when Nightfarers is hit by some attacks of Animus, Ascendant Light.

Everdark Sovereign Equilibrious Beast

  • Adjusted the effect granted to summoned condemned Nightfarers so that it can be dispelled by Law of Regression.
  • Increased the enhancement granted by the light dropped by defeated condemned Nightfarers.
  • Reduced the attack power of the condemned Guardian.
  • Removed the effect that increased damage negation upon re-summoning condemned.
  • Reduced the death status effect resistance of condemned Nightfarers.
  • Adjusted the reaction of condemned Nightfarers to player character’s ranged attacks.
  • Adjusted the targeting priority of condemned Nightfarers under specific combat rules.

Note: We have confirmed an issue where condemned Nightfarers summoned during this fight may not be rendered under specific conditions. This will be addressed in a future update.

Everdark Sovereign Darkdrift Knight

  • Increased the HP and stamina attack power against guarding Nightfarers for Fulghor, Champion of Nightglow.
  • Increased the attack power of some attacks from Fulghor, Champion of Nightglow.

Other Enemies

  • Adjusted the reaction to player character’s ranged attacks of condemned Nightfarers that appear during events.
  • Added a stagger reaction when strong attacks, such as Ultimate Arts, hit the Red Wolf of the King Consort boss.
  • Fixed a bug where some attacks of the Marionette Soldiers were less likely to hit player characters.

Limveld Adjustments

  • Increased the Night’s Tide damage after defeating the second night boss.
  • Adjusted the spawn locations of Sentient Pest incursions so they are less likely to occur far from player characters.

Menu Adjustments

  • Adjusted the design of the Holy attribute icon.

Regarding Penalties for Disconnecting from Online Sessions

  • Adjusted the penalties rate for session disconnection.
  • Disconnecting from a session due to network issues or quitting the game during a session in progress will result in penalties, which may limit multiplayer capabilities. Rejoining the session you left will remove the penalty imposed upon disconnection.

Bug fixes

  • Fixed a bug where the post-attack delay for right-handed Greatswords when handled by Wylder was shorter than expected when using Sorceries or Incantations with a left-hand weapon right after attacking.
  • Fixed a bug where Guardian’s Wings of Salvation Ultimate Art could be interrupted by enemy attacks or other factors during its activation.
  • Fixed a bug where Guardian’s Wings of Salvation Ultimate Art could be deflected and interrupted.
  • Fixed a bug where backstepping as Duchess did not accept pre-inputs for skill commands.
  • Fixed a bug where spells cast through using the Magic Cocktail skill could be casted again under certain conditions.
  • Fixed a bug where allied player characters could clip through tombstones when Totem Stella was used.
  • Fixed a bug where spirits summoned by Revenant did not revive if their HPs were depleted.
  • Fixed a bug where special effects applied to spirits summoned by Revenant would appear above Revenant.
  • Fixed a bug where Executor could not perform critical hits using the Cursed Sword while holding a weapon in the right hand that cannot land critical hits.
  • Fixed a bug where the Relic Effect “HP Restoration upon Thrusting Counterattack” did not apply to the attacks of Executor’s Cursed Sword.
  • Fixed a bug where Executor could not use pre-inputs for actions after deflecting an enemy attack with the Cursed Sword under certain circumstances.
  • Fixed a bug where accumulated effects of Power of Vengeance and Power of House Marais Passive Effects would disappear when opening the large door and moving to the final battle area by using the “Open the door” action prompt in the Spirit Shelter.
  • Fixed a bug where the rarity of weapons placed directly on the field from Dormant Power might not be displayed correctly.
  • Fixed an issue where Passive Effects triggered by walking did not activate during horizontal movement with precision-aimed shots using “Bow” and “Crossbow”.
  • Fixed an issue where the player character could become unresponsive for several seconds after performing an attack from a stance with certain Skills.
  • Fixed an issue where the passive effect “Improved Charged Sorceries” was not applied to the sorcery “Shattering Crystal”.
  • Fixed an issue where the status ailment “Frostbite” could be inflicted on the player character due to the accumulation of the frostbite status ailment from some enemy attacks while using an Ultimate Art.
  • Fixed an issue in the battle with the Everdark Sovereign “Equilibrious Beast” where “Libra, Creature of Night” could move below the ground under certain conditions.
  • Fixed a bug where levels would decrease without healing from flasks when False Blessing occured during the battle against Everdark Sovereign Equilibrious Beast.
  • Fixed a bug where the player would level down if the False Blessing effect was activated during the battle against Everdark Sovereign: Equilibrious Beast, even if the action was interrupted by an enemy attack before the HP recovery effect occurred.
  • Fixed a bug where blessings would become usable again after defeating the second night boss.
  • Fixed a bug where the player character could perform unintentional moves when using the Spectral Hawk.

This addresses issues that were not fully resolved in App Ver. 1.02.

  • Fixed a bug where the player might not be correctly transported to the battle area if they died from falling during the cutscene while moving to the final battle area in the Spirit Shelter.
  • Fixed a bug where Dormant Power might not appear upon defeating an enemy under unstable network conditions.
  • Fixed a bug where the effect of an used Wending Grace could activate when rejoining a session after a disconnection.
  • Reduced rendering load for some attacks of the Everdark Sovereign Tricephalos on PS4 and Xbox One.

PC-Only Adjustments

  • Fixed a bug where it was difficult to switch targets with a diagonal input.
  • Improved game stability in some environments.

Click the button below to add GameSpot as a preferred source on Google



Source link

0 comments
0 FacebookTwitterPinterestEmail
(Polymarket)
NFT Gaming

Bitcoin’s Calm Masks Market Tension Ahead of Fed and CPI

by admin



Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

BTC is pinned near $111,000 with volatility compressed to multi-month lows, the kind of calm that tends to precede decisive moves. Traders know what could break the lull: September’s U.S. inflation data and the Fed’s rate decision a week later.

Prediction markets are leaning heavily toward easing. Polymarket bettors are assigning an 82% chance of a 25-basis-point cut on Sept. 17, leaving only slim odds for a deeper move or no change. Beyond that, October expectations are fractured, with nearly even probabilities for another cut or a pause. That divergence explains why volatility, though absent now, is unlikely to stay that way.

(Polymarket)

“Markets often look calm just before they move. Bitcoin is trading in one of its tightest ranges in months, and volatility across crypto has compressed to multi-month lows,” said Gracie Lin, OKX Singapore CEO. “With U.S. inflation data like Core CPI out on Sept. 11 and the Fed’s much-anticipated rate decision just ahead, this quiet period is setting the stage for the next decisive move. Whether the catalyst is an upside inflation surprise or a dovish signal from the Fed, what’s clear is that the absence of volatility is rarely permanent in digital assets; history shows the market will find its next direction soon enough.”

If a cut pulls money-market returns lower, the opportunity cost of sitting in cash rises, which is the pivot market maker Enflux says could send flows toward crypto.

“The real debate now is not if cuts come, but whether liquidity deployment shifts into BTC, ETH, and even riskier assets,” the firm told CoinDesk.

In other words, the Fed’s cut may grab headlines, but the real trade is whether sidelined cash rotates into digital assets — a shift that could fuel the return of volatility.

Market Movement

BTC: Bitcoin has dipped slightly intraday, trading between approximately $110,812 and $113,237, reflecting short-term volatility amid shifting investor sentiment and broader crypto market dynamics.

ETH: ETH is modestly up intraday, with a range between roughly $4,279 and $4,379, signaling steady demand and some renewed investor interest. Range, however, is limited with modest ETF flows and traders awaiting the Fed’s next move.

Gold: Gold is rallying to record highs, fueled by mounting expectations of U.S. Federal Reserve interest rate cuts, a weakening U.S. dollar, and renewed safe-haven demand.

Nikkei 225: Asia-Pacific stocks opened mostly higher Wednesday, with Japan’s Nikkei 225 up 0.2%, as investors awaited China’s August inflation data showing an expected 0.2% CPI drop and a smaller 2.9% PPI decline.

S&P 500: U.S. stocks closed at record highs Tuesday, with the S&P 500 up 0.27% to 6,512.61, as investors looked past a record payroll revision that cut 911,000 jobs from prior figures.

Elsewhere in Crypto

  • OpenSea Teases SEA Token With Final Phase of Rewards Amid App Launch (CoinDesk)
  • California Man Sentenced in $36.9M Crypto Scam Tied to Infamous Huione Group (CoinDesk)
  • Collector Crypt drives $150 million in randomized Pokémon card trades as CARDS token soars (The Block)



Source link

0 comments
0 FacebookTwitterPinterestEmail
Calm Ahead of Fed Rate Cut, Storm Later
GameFi Guides

Calm Ahead of Fed Rate Cut, Storm Later

by admin



Risk assets may face stormier conditions if the Federal Reserve cuts interest rates, as expected, on Sept. 17. That’s the message from futures tied to the VIX index, a measure of expectations of volatility in the S&P 500 over the next 30 days.

The index, also called Wall Street’s fear gauge, is calculated in real time from prices of options on the S&P 500, and reflects how much investors expect the market to swing, with higher values indicating greater levels of uncertainty.

The spread between the October VIX futures contract (the next-month contract) and the September contract (the front-month contract), has widened to 2.2%, an extreme level by historical standards, according to data source TradingView. The September contract expires the same day as the Fed meeting.

Meanwhile, the front-month contract trades only at a slight premium to the cash index.

“Cash is fair compared to Sept. … but Sept. is extremely low compared to October futures,” Greg Magadini, director of derivatives at crypto derivatives data analytics firm Amberdata, wrote in the weekly newsletter.

In other words, traders are discounting risk ahead of the Fed meeting, wagering that the rate-cut expectation will keep markets steady as they approach the decision.

The U.S. central bank is expected to lower its target rate by at least 25 basis points when it meets next week, according to the CME’s FedWatch tool. Some market participants are even positioned for a 50 bps reduction.

The October futures, however, tell a different story, suggesting that investors are anticipating increased turbulence once the Fed’s decision is out of the way and rate cuts are priced in.

“The VIX futures for September have priced away risk while October could be ugly … A theme to keep in mind for risk assets in my opinion,” Magadini wrote.

October VIX futures trade at a significant premium to September futures. (TradingView)

Historically, the VIX has exhibited a strong negative correlation with stock prices, typically rising during bear markets and periods of market stress, while declining when stock prices advance. It means that the potential volatility boom after the Fed decision could be marked by a downswing in equities.

Bitcoin BTC$111,883.20 is known to closely track the mood on Wall Street, which means that a potential volatility explosion in stocks could quickly spill over into the cryptocurrency market. And like stocks, the turbulent period could be marked by bearish price action.

Since November last year, the correlation between bitcoin’s spot price and its 30-day implied volatility indices has turned negative. Additionally, Bitcoin’s volatility indices — BVIV and DVOL — have recently reached record high correlation levels with the VIX, highlighting bitcoin’s growing alignment with broader market volatility trends.



Source link

0 comments
0 FacebookTwitterPinterestEmail
Repo semibots standing around the shop with weapons
Product Reviews

Semiwork gets all mysterious about REPO’s new monsters ahead of the next update

by admin



REPO announced that a monster update would be coming at the end of October not too long ago, and have followed up with a video answering some of the questions players are throwing its way. Unfortunately though, if you wanted any sort of insight to what new monsters we can expect to face, or how many are being added, I’ve got some bad news. Semiwork will not be dishing out any information on how many monsters are coming, or their appearance, ahead of time.

In the most recent video Q&A, Semiwork’s Pontus Sundström says “just as the appearance of these monsters, we will keep the exact number of new monsters a secret as well. But I will say though, we are focusing on quality before quantity. We want each monster to feel unique, and different from all the other monsters. That is very important to us when we design and come up with these new ferocious beings that you will encounter in the next update.”

So it sounds like we’ll be stuck scouring each video ahead of the update for clues if we want to get any sort of idea of what terrors we’re inevitably going to face. Though it’s not all secret. Semiwork has confirmed that there will be a mix of new monsters coming which follow the same level system as the last batch.


Related articles

Rather than just unleashing a load of new, terrifying beasts that end your run in a single hit, a batch of smaller, more annoying monsters designed to make your life a bit harder will be coming too. Though saying that, I swear I’ve lost my health and loot to gnomes more than any other creature in REPO.

No changes are being made to existing monsters as part of this update either, and since the sole focus is on the new monsters, there won’t be any new valuables or maps either. Although some of the old settings such as the manor house will be getting a “fresh coat of paint” alongside some new textures, and a few new rooms are being added to the museum map, which will help locations feel somewhat fresh at least.



Source link

0 comments
0 FacebookTwitterPinterestEmail
XRP price Murrey Math Lines indicate surge ahead of ETF approvals
Crypto Trends

XRP price Murrey Math Lines indicate surge ahead of ETF approvals

by admin



XRP price remains in a bear market after plummeting by 22% from its highest point this year. Still, its strong technicals and the upcoming ETF deadlines signal a potential rebound.

Summary

  • XRP price is preparing for a breakout as a falling wedge forms.
  • Murrey Math Lines tool points to a surge to $4.2. 
  • XRP ETF approvals to be the main catalyst.

Murrey Math Lines point to XRP price rising

The daily timeframe chart suggests that the Ripple (XRP) price may be poised for a strong rebound this month. It has formed a falling wedge pattern whose two falling trendlines are nearing their convergence. 

The coin has also settled at the strong pivot reverse level of the Murrey Math Lines (MML). MML is a tool used to identify potential support and resistance levels. It was created by dividing the price movement into an eight-part grid or octave.

The strong, pivot, and reverse, where it settled at is known for rebounds. Most importantly, it coincided with the double-bottom pattern at $2.7167 and the confluence of the falling wedge pattern.

Therefore, the double-bottom, falling wedge, and the MML position point to a strong rebound. The initial target level in case of a breakout is the year-to-date high of $3.6512, up by 30% above the current level. 

The Murrey Math Lines points to an eventual rebound to $4.29, the extreme overshoot, which is about 55% above the current level. However, a drop below the ultimate support at $2.34 will invalidate the bullish XRP price forecast.

XRP price chart | Source: crypto.news

XRP ETF approvals to be the key catalyst

The main catalyst for the XRP price will be the upcoming deadlines for the XRP ETFs. Most of these deadlines will be in October, and Polymarket data shows that the odds of an approval are over 88%. 

Therefore, investors will likely buy the coin ahead of the approvals as they expect strong inflows. Besides, recent data shows that the existing futures-based XRP ETFs are having strong demand from investors.

The same is happening in the futures market, where the open interest for CME contracts has jumped in the past few weeks. Most importantly, existing Bitcoin (BTC) and Ethereum (ETH) ETFs have had robust inflows since last year, meaning that there is strong demand for these assets. 



Source link

0 comments
0 FacebookTwitterPinterestEmail
Keeta price gets Coinbase boost ahead of mainnet launch
GameFi Guides

Keeta price gets Coinbase boost ahead of mainnet launch

by admin



Keeta price jumped by over 17% on Saturday as smart money accumulation continued, after a major announcement from Coinbase and its founder.

Summary

  • Keeta price jumped by over 15% after Coinbase listing.
  • Whales and smart money investors have been accumulating the token. 
  • Keeta will launch it mainnet network later this month.

The rally comes after Keeta (KTA) jumped to $1.09 on Sept. 5 — its highest point since Aug. 26. The surge has brought its market capitalization to over $406 million.

At last check on Saturday, Sept. 6, it was 42.4% below its all-time high of $1.68.

Source: CoinGecko

Keeta price jumps after milestone

The KTA price rally indicates a vindication of sorts for smart money investors who have aggressively bought up the supply. Nansen data shows that smart money investors now hold 8.65 million tokens, up from less than 7 million in July.

Similarly, whale investors have been slowly buying, pushing their total holdings to over 76.7 million. 

Keeta whale purchases | Source: Nansen

The recent Keeta price surge occurred after it was listed on Coinbase, the biggest crypto exchange in the U.S. This listing will give it access to millions of customers in the U.S. and abroad.

Coinbase becomes the second most prominent exchange to have listed Keeta after Kraken. Before that, most of its trading was happening on Aerodrome and LBank.

KTA price also jumped after Ty Schenk, its founder, made a big announcement about its tokenomics. He stated that the early investors’ and team allocations would be combined to create Keeta’s strategic reserves, comprising 400 million KTA tokens, currently valued at over $400 million.

Backed by Eric Schmidt, former Google CEO, Keeta aims to be the fastest blockchain in the crypto industry, capable of handling over 10 million transactions per second. In a recent statement, the CEO hinted that the minnet launch would happen this month, a move that would also boost its price.

KTA price technical analysis

Keeta price chart | Source: crypto.news

The eight-hour chart shows that the KTA price has rebounded after hitting the ascending trendline that connects the lowest swings since May this year. 

Keeta has moved above the strong pivot, reversing the Murrey Math Lines, and is poised to flip the Ichimoku cloud indicator. 

Therefore, the coin will likely pull back as the Coinbase listing hype eases and then rebound towards the mainnet launch. The bullish forecast will remain as long as it is above the ascending trendline. 



Source link

0 comments
0 FacebookTwitterPinterestEmail
XRP
NFT Gaming

Pundit Tells XRP Holders To Hold Tight, Best Days Are Ahead

by admin


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

Unlike previous market cycles, this current cycle has been quite pivotal for XRP, as the leading altcoin has surged towards its all-time high since 2017. The altcoin’s recent upward performance this cycle appears to have sparked renewed hope among many crypto enthusiasts and investors about an extended upside action in the future.

Holding Your XRP Could Pay Off

In a recent post on the social media platform X, a crypto pundit known as Pumpius has sent a strong and optimistic message to the XRP community. Pumpius has advised holders to exercise patience and resist the inclination to sell in spite of the continuous market volatility and criticism.

His message focuses on the asset’s long-term potential, which he believes greatly exceeds short-term price fluctuations. Thus, maintaining conviction could put investors in a position to profit from revolutionary developments in the future. 

To start off, the pundit has commended investors who have been faithful and hopeful even during uncertainty and serious volatility. “I know what it feels like to carry this asset. The waiting. The ridicule. The endless manipulation of the charts. While others chase quick pumps and hollow gains, you’ve stood in the trenches of one of the hardest battles in financial history,” he stated.

For those who held strong amid the wave of negative comments and reactions, Pumpius considers them to be more than investors. According to the expert, they are early architects of the new order because they saw that XRP represents the rails of a future system rather than just being a trading token.

Despite attempts by governments, whales, and exchanges to dislodge them, these holders persisted through years of repression. He further commended them for viewing Ripple’s lengthy battle with the US Securities and Exchange Commission (SEC) as a cleansing. 

Underneath the battle, every hallway that opened, settlements that were put to the test, and collaborations that were discussed in back rooms, was a brick poured in the foundation of what was to come. Pumpius claims that when this system flips and trillions pass through the rails of XRP sooner than anticipated, the weight of holding through uncertain times will transform into wings. 

In the meantime, he has urged the faithful investors to remain steadfast because, in his opinion, they are “the vanguard of a new age of money, and not peasants chasing scraps. Adding to the intrigue, Pumpius stated that history will remember those who persevered, not those who laughed.

A Possible Massive Growth For The Altcoin

With the ongoing wave of institutional adoption, the possibility of ETFs, and the anticipated shift in finance from Ripple, XRP might be set for a massive surge in the foreseeable future. Amid these developments, there are speculations that the token could reach a $1,000 valuation.

One of the crypto analysts who has predicted a $1,000 value for XRP is BarriC. According to BarriC, the altcoin reaching $1,000 is a real outcome of mass adoption and utilisation of XRP by banks and financial institutions across the world.

XRP trading at $2.83 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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

0 comments
0 FacebookTwitterPinterestEmail
Close