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GOG shares their thoughts on preservation in the face of payment processor crackdowns
Game Updates

GOG shares their thoughts on preservation in the face of payment processor crackdowns

by admin September 13, 2025



In general these days it’s never a good time to release a video game unless you’re Rockstar, but in recent months it’s been made even harder due to numerous payment processors cracking down on digital storefronts like Valve and Itch.io. There’s a host of reasons this is problematic, but one less spoken about how this is also an issue of preservation. GOG, another digital storefront, this one owned by The Witcher developer CD Projekt, is known for their preservation efforts, and in a recent interview they shared a bit of their thoughts in relation to these recent issues regarding payment processors.


When asked about GOG’s stance on what’s been happening with payment processors in recent months in an interview with Automaton, senior PR rep Piotr Gnyp had this to say: “At GOG, as a platform devoted to Good Old Games and video game preservation, we see it as a game preservation issue. Every year, many games are disappearing, for various reasons. Every game that disappears from distribution is potentially lost to game preservation efforts. It is particularly worrying when games are potentially vanishing due to external pressure.”


While possibly not quite as strong or confident an answer as I might like – after all, GOG has plenty of reasons to be wary of pissing off these same payment processors – there is something worth honing in on.


Steam and Itch.io are obviously not some kind of beautiful digital landscapes where games become hits after hits, both are much too saturated for that to happen. Plus, a majority of games on Steam are not DRM-free, meaning they require a connection to the storefront in question in order to be played. Most games on Itch and GOG are DRM-free, however.


The issue comes from the fact that, unfortunately, developers are forced into relying on third-party platforms to sell their games. It is incredibly hard to tell someone to come to your dedicated website to buy your game, and that only works insofar that you’ve found a payment processor to use that allows something like an adult game.


So what happens to these games when they have no place to call a home? How do we ensure that they continue to be available, when they might be hosted on the developer’s personal website, which in some cases few people might be aware of? It’s a difficult question to answer.


In this same interview, Gnyp notes that GOG is a “curated storefront,” continuing on to explain that this means “not every game submitted to us is accepted – we select titles based on quality, relevance, and alignment with our values and audience.” Again, that line about values feels like it could be a bit of a cop out, but the idea of curation is one worth exploring. It’s not a perfect solution, though it could be one way to at least keep some aspect of these unfairly shunned works alive. The question becomes how to do this, and right now, I’m still figuring it out, for myself at least.



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September 13, 2025 0 comments
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TON Strategy Starts Share Buyback, Treasury Staking After Shares Plunge 40%
NFT Gaming

TON Strategy Starts Share Buyback, Treasury Staking After Shares Plunge 40%

by admin September 13, 2025



TON Strategy Company (TONX) has repurchased over 250,000 shares of its common stock at $8.32 per share, well below its stated treasury asset value (TAV) of $12.18, the company said.

The move is part of its recently launched $250 million buyback program and follows its pivot to position toncoin TON$3.2026 as the company’s primary treasury asset.

The company also announced that it has begun staking its TON holdings to earn rewards by helping secure the blockchain networks, effectively using idle treasury assets to generate yield.

Data from StakingRewards shows that yield could be as high as 4.8%. The company on its website says it owns 217.5 million TON tokens, with each currently trading at $3.24. That would lead to an annual yield near $34 million if the entire treasury were to be staked.

TON Strategy shares are down more than 43% in the last 30 days, and saw a 9.2% drop in Friday’s trading session.

TONX shares have in after-hours trading moved up 3.7%.



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September 13, 2025 0 comments
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Crypto Trends

Fashion Company Mogu Shares Soar on Bitcoin, Ethereum, Solana Buying Plan

by admin September 11, 2025



In brief

  • China-based Mogu said Thursday that its board had approved allocating $20 million in Bitcoin, Ethereum, and Solana.
  • The fashion company’s Nasdaq-listed shares were recently up 76%.
  • Mogu’s board of directors had approved a plan to spend $20 million on cryptocurrencies and crypto-related securities. 

Shares of Nasdaq-listed fashion company Mogu soared on Thursday after the company announced it was buying digital coins Bitcoin, Ethereum, and Solana with its spare cash. 

China-based MOGU was recently trading about 76% higher at $4.40 after soaring at one point to over $7 per share. The share price has been largely stuck below $5 since reaching an all-time high above $37 in early 2021. 

Mogu, which sells clothes and accessories online, said Thursday that its board of directors had approved a plan to spend $20 million on the cryptocurrencies and crypto-related securities. 



“The board believes that by integrating digital assets into its core assets, the company can diversify not only its treasury holdings but also its operational capabilities essential for next-generation AI products and services,” the statement read. 

Decrypt reached out to Mogu for comment. 

Mogu is the latest publicly traded company to buy crypto as a way to diversify their cash holdings. The firm went public in 2018. Chinese tech conglomerate Tencent Holdings was an investor. 

A number of Nasdaq-listed firms are following a model pioneered by Strategy—formerly MicroStrategy—which shifted from software development to buying Bitcoin in 2020. 

The company is now the latest corporate holder of the asset with 638,460 BTC worth over $73 billion. 

Companies pivoting to a crypto treasury plan—buying digital assets so investors can get exposure to the coins—have achieved at least short-term stock price gains, sometimes with massive spikes.

Despite Strategy’s success as a Bitcoin treasury—its shares are up over 2,000% since 2020—the S&P Dow Jones Indices last week said it would not include the company on its S&P 500 index. 

And in a note Wednesday, JP Morgan analysts said that exclusion from the index was negative for other crypto treasuries at a time when such companies’ share prices had already “come under pressure due to overcrowdedness and investor fatigue.”

Bitcoin and Ethereum are the two largest and oldest cryptocurrencies. Solana, the sixth biggest digital coin by market cap, was released to compete with Ethereum. Its crypto network—like Ethereum’s—is used to build applications. 

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September 11, 2025 0 comments
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NFT Gaming

Oracle’s Late AI Bet Sends Shares Soaring, Ellison Tops Musk as World’s Richest Man

by admin September 10, 2025



In brief

  • Oracle’s AI pivot pays off: Shares surged over 30% as the company projected $455 billion in booked future revenue and faster cloud growth.
  • Oracle’s neutral AI stance and ability to run models like ChatGPT inside its database stack drew major enterprise demand.
  • Founder Larry Ellison’s fortune swelled by nearly $100 billion, making him the world’s richest person.

Oracle Corp. stock rocketed as much as 40% in intraday trading—a rally so dramatic, it appears to have set a record for any company valued north of $500 billion. The trigger? A bold AI strategy finally paying off.

At the heart of today’s fireworks is Oracle’s up-close-and-personal pivot into artificial intelligence infrastructure. The company revealed that its Oracle Cloud Infrastructure (OCI) business now expects massive revenue growth: CEO Safra Catz said OCI revenue is expected to reach $18 billion in the current fiscal year, then grow to $32 billion in fiscal year 2027, and eventually $144 billion in the following three years.

But numbers alone don’t explain the thrill. The real signal: a massive pipeline of future business. Oracle’s “remaining performance obligations”—essentially what’s been booked but not yet recognized—soared 359% year-over-year to $455 billion, verging on a half-trillion-dollar backlog, the company reported.



CEO Safra Catz didn’t hide the enthusiasm, stating that most of the multiyear growth is already locked in, and more multibillion-dollar contracts are expected in the coming months.

“Over the next few months, we expect to sign-up several additional multi-billion-dollar customers, and RPO is likely to exceed half-a-trillion dollars,” said CEO Safra Catz.

AI is not just a buzzword—it’s infrastructure

Oracle’s AI attractiveness comes from its strategic alliances and neutral positioning in the AI arms race. It’s part of Stargate, a massive infrastructure initiative with OpenAI and SoftBank, giving Oracle preferred status as a compute-provider-of-choice.

Crucially, Oracle claims to offer AI inferencing capabilities, running models like ChatGPT, Gemini, and Grok directly within its database stack, a convenience hyperscalers have yet to match. That unique positioning—neutral, integrated, and AI-enabled—has turned once-lagging Oracle into a major contender in AI infrastructure.

The ripple effect

In one of those rare moments where investor glee merges with spectacle, Larry Ellison vaulted past Elon Musk to become the world’s richest person, thanks to the stock surge. His net worth swelled by around $100 billion to roughly $393–400 billion.

Not everyone’s as ecstatic as Mrs. Ellison: Analysts caution the aggressive capex—Oracle expects to spend $35 billion to build data-center and supply AI chips—could dent free-cash-flow in the near term and pressure margins.

AI was the marquee act, but Oracle also highlighted four multibillion-dollar contracts with three different customers in its latest quarter. That helped lift first-quarter revenue by 12% to $14.93 billion, including a 28% jump in cloud revenue to $7.2 billion.

Analysts at Piper Sandler and Bank of America weren’t shy either, raising price targets and upgrading the stock—noting the AI-driven backlog as “too strong to be summed up simply as a blow-out.”

The bottom line

Oracle’s AI pivot has become an investor tidal wave, backed by real contracts, locked-in backlog, and infrastructure ambitions that others can’t match—at least right now.

Whether the swell leads to a sea change or tidal recession depends on execution. But for now, Oracle has Wall Street enthralled, and its AI story is delivering more than just talking points—it’s delivering stock market fireworks. And if that’s not a mixed metaphor, then nothing is.

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September 10, 2025 0 comments
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Hong Kong (Dan Freeman/Unsplash)
Crypto Trends

A Nasdaq-Listed Firm Raises $1.65B to Launch Solana Treasury, Shares Surge 128%

by admin September 8, 2025



Forward Industries (NASDAQ: FORD) has raised $1.65 billion in cash and stablecoin commitments through a private investment in public equity (PIPE) led by Galaxy Digital, Jump Crypto, and Multicoin Capital, marking the largest Solana-focused treasury financing to date.

The firm’s shares jumped 128% in pre-market trading, while SOL rose by 2.3% following the announcement

The funding will support Forward Industries’ plan to become a publicly traded institutional player in the Solana ecosystem. Galaxy and Jump will provide infrastructure and advisory services, while Multicoin, an early Solana backer, brings investment expertise, according to a Monday press release.

The company said its strategy aims to generate on-chain returns and increase long-term shareholder value through active participation in Solana’s decentralized finance markets.

Forward Industries will be competing with the likes of Upexi Inc. (UPXI), which owns more than 2 million SOL tokens ($430 million) and Sharps Technology (STSS) after it raised $400 million to establish a solana treasury in August. Another Solana treasury company, SOL Strategies, which holds more than 435K SOL tokens, said on Sept. 5 that it will uplist from Toronto to Nasdaq on Sept 5.

As part of the transaction, Multicoin co-founder and managing partner Kyle Samani is expected to become chairman of Forward’s board. Galaxy President and CIO Chris Ferraro and Jump Crypto CIO Saurabh Sharma will join as board observers.

“An institutional-scale treasury can be deployed in sophisticated ways within the Solana ecosystem to create differentiated value,” Samani said in a statement.

Forward has also engaged Cantor Fitzgerald as lead placement agent, with Galaxy’s investment banking arm serving as co-placement agent and financial advisor.

Founded more than 60 years ago as a design company for medical and technology firms, Forward Industries is now repositioning itself as a digital asset treasury operator focused on Solana.



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September 8, 2025 0 comments
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XRP
Crypto Trends

Crypto Expert Shares How To Get To $1 Million With XRP

by admin September 7, 2025


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

The debate over XRP’s potential as both a utility token and a wealth-building asset for long-term investors remains a hot topic in the crypto space. Recently, a crypto expert has added fuel to the discussion, unveiling a detailed step-by-step approach he believes could turn XRP into a million-dollar opportunity for investors. 

The $1 Million XRP Wealth Strategy

Austin Hilton, a crypto investor and expert, has outlined his approach to building generational wealth with XRP in a video post on X social media. Rather than chasing speculative short-term gains, Hilton emphasized a strategy built on three strong pillars: patience, consistency, and discipline.

Hilton revealed that he has been steadily accumulating XRP for years, treating it similarly to his diversified approach in traditional markets like stocks and bonds. Rather than placing all his capital in one asset, he considers XRP a part of his portfolio alongside Bitcoin and Ethereum. 

His first step toward reaching $1 million with XRP is to hold the token until it delivers a 30x return or more—a move he projects could eventually push it toward the $80 to $90 price range. For him, time is the most important ingredient, whether it takes one year or several. 

The second part of his strategy is continuous buying, even during bearish periods. Hilton emphasized that many investors tend to panic during downturns, but he sees red days as opportunities to accumulate more XRP at discounted prices. He noted that the cryptocurrency’s present $2.8 – $2.85 trading range is a bargain relative to his long-term price expectations. 

Lastly, Hilton stressed the importance of removing emotions from investing. In his view, panic selling destroys potential long-term gains. He explained that sharp market declines do not shake his resolve, underscoring his confidence in XRP’s future outlook. The crypto expert has also clarified that the principles behind his $1 million XRP strategy are equally effective when applied across other digital assets like BTC and ETH. 

XRP Price Analysis: Key Levels To Watch

Market expert Egrag Crypto has shared the near-term hurdles the XRP price must clear to break past its current consolidation range. His latest analysis revealed that XRP recently slipped to $2.77, putting bullish momentum under pressure. 

The analyst noted that reclaiming the $2.85 on a 4-hour close is critical for establishing stability and reaching higher targets. If XRP can hold above this threshold, the next price milestones are expected at  $2.9 and $2.95, with a potential breakout target of $3.13. Achieving these levels could open the door for XRP to challenge mid-range resistances at $3.45 and $3.65. 

Source: Chart from Egrag Crypto on X

Still, Egrag Crypto cautions that the risk of a pullback remains. His chart shows that a failure to close above $2.85 repeatedly could trigger a retreat to $2.65 or lower, reviving bearish momentum. The $2.75 level has emerged as a critical support zone, acting as the last line of defense before deeper corrections.

XRP trading at $2.81 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.



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September 7, 2025 0 comments
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Sol Strategies Lands Nasdaq Approval To List Its Shares
Crypto Trends

SOL Strategies Lands Nasdaq Approval To List Its Shares

by admin September 5, 2025



SOL Strategies, the first Solana-native treasury company, has secured approval to list its shares on the Nasdaq under ticker STKE, according to exclusive information obtained by Blockworks. The long-anticipated U.S. debut comes after nearly a year of restructuring and regulatory navigation and could set the stage for a new era of on-chain finance going public.

From Canadian Shadows to Nasdaq Spotlight

Once buried in the Canadian markets as Cypherpunk Holdings, the firm reemerged in 2024 as SOL Strategies under ex-Valkyrie CEO Leah Wald. The passive treasury model was scrapped in favor of full-throttle validator ops on Solana, acquiring nodes from Orangefin, Cogent Crypto, and Laine, while powering branded infrastructure for Pudgy Penguins and Solana Mobile. A stark pivot from crypto treasuries still clinging to cold storage and inertia.

Its $90 million in SOL may trail the top Solana DATs—each sitting on $380M+—but limited access to U.S. markets had been a bottleneck. That’s no longer the case.

What Nasdaq Means for Solana-Native Treasuries

The listing vaults SOL Strategies into a growing class of publicly traded digital asset treasury companies (DATs) now backed by Wall Street infrastructure. According to Blockworks Research, every Solana DAT now trades on Nasdaq—except BIT Mining, which remains on the NYSE.

It’s also a warning shot: traditional treasuries without staking revenue or ecosystem ties may struggle to compete as Solana-native firms capture yield, attention, and legitimacy in public markets.

In a statement, CEO Leah Wald framed the listing as both milestone and market signal:

“Our approval to list on Nasdaq signals to both institutional and retail investors that a Solana-focused validator and treasury company can meet the same standards of transparency, resilience, and growth expected of any public company. It also demonstrates that our approach is resonating within both the Solana ecosystem and traditional capital markets.”

The firm’s 900% stock rally over the past year may speak louder than words. And with the ticker STKE now active on Nasdaq, SOL Strategies is betting that staking-first treasuries aren’t just a trend—they’re a new blueprint.

Also Read: U.S. Lawmakers Face Off on Digital Dollar: Privacy or Politics?



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September 5, 2025 0 comments
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crypto, stablecoin
GameFi Guides

BoE Governor Shares ‘Multi-Money’ Vision

by admin September 5, 2025


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

Bank of England (BoE) Deputy Governor for Financial Stability has shared her vision for a “multi-money” system that includes stablecoins and other traditional assets in the UK ahead of the upcoming consultation on its crypto policy proposals.

BoE Eyes ‘Multi-Money’ System With Stablecoins

On Wednesday, Bank of England Deputy Governor Sarah Breeden affirmed that the central bank must keep up with the global developments as innovative technology paves new ways of making pavements.

In a conference in London, Breeden detailed her vision for a system where multiple forms of money, including traditional and tokenized commercial bank deposits, stablecoins, and central bank money, are freely interchangeable, “with technology driving faster, cheaper, and more innovative payments for the benefit of business, households, and users of financial markets; and – critically – with the whole system underpinned by trust in money itself.”

To achieve this, the deputy governor outlined that the BoE must provide the necessary underlying infrastructure, deliver proper regulatory frameworks, and establish an overall strategy to facilitate innovation and economic growth while protecting financial stability.

She emphasized the need for a robust regulatory framework that enables innovation to thrive, as appropriate risk management will support broader adoption and the sector’s development. However, Breeden noted that designing those regulatory regimes in a fast-moving world isn’t an easy task, forcing officials to be open to “learning as we go.”

According to Bloomberg, the deputy governor also stated that UK officials have “an eye” on US regulation following the enactment of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in July.

“US dollar stable coins will have an influence all around the world,” she affirmed, adding that it is “absolutely essential that we produce a regime that supports the issuance of sterling stablecoins.”

She noted that “stablecoins, for a long time the preserve of crypto markets, are beginning to go ‘mainstream’. Given they are an existing form of ‘digitally native’ money, their safe adoption could unlock faster, cheaper settlement for cross-border transactions as well as supporting trading of tokenised securities.”

Crypto Regime Consultation In Q4

During her speech, Breeden highlighted that the UK “set out the necessary legislation for a regulatory regime for stablecoins in 2023,” while the BoE and the Financial Conduct Authority (FCA) have been engaging with the industry to develop more detailed rules of that regime.

Notably, the FCA has been working to establish a more comprehensive regulatory framework for digital assets starting next year, releasing a Discussion Paper on the features of the upcoming crypto regime as part of its crypto roadmap.

The HM Treasury has also published a draft of proposed provisions to establish a complete regime for cryptocurrencies, which are expected to set clear transparency, consumer protection, and operational resilience standards.

Nonetheless, the UK’s former Chancellor of the Exchequer, George Osborne, has criticized the government’s approach, affirming that they must “catch up” or risk being “left behind” during the second crypto wave.

As reported by Bitcoinist, Osborne slammed Chancellor Rachel Reeves and Bank of England governor Andrew Bailey’s crypto strategy, noting that, some of the proposed rules, including requiring sterling stablecoins to be backed only by central bank reserves, guarantee that the UK doesn’t lead the sector, as major financial players will continue to innovate “regardless of the Bank of England’s stance.”

Nonetheless, BoE’s deputy governor affirmed that the central bank has been listening to feedback on its proposals for a regulatory regime for systemic stablecoins, like allowing the digital assets to hold a portion of their backing assets in a subset of high-quality liquid assets (HQLA), such as short-dated government securities.

This change aims to address feedback that the initial approach “would not support the predominant business model amongst stablecoin issuers, which relies on income from backing assets.”

Breeden added that the BoE will set out some of the reviewed proposals for consultation later this year before finishing its regime.

Bitcoin (BTC) trades at $109,431 in the one-week chart. Source: BTCUSDT on TradingView

Featured Image from Unsplash.com, 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.



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September 5, 2025 0 comments
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NFT Gaming

Figma’s Shares Slide Following Earnings as Company Says It Isn’t a Bitcoin Treasury

by admin September 5, 2025



In brief

  • Figma shares fell nearly 20% Thursday to $54.56, down from a high of $122 in early August.
  • Q2 revenue rose 41% to $249.6 million, slightly beating expectations, with 2025 adjusted operating income forecast at $88–$98 million.
  • The firm disclosed $91 million in Bitcoin holdings but its CEO stressed it is “a design company,” not a Bitcoin holding firm.

Software giant Figma’s shares plunged Thursday after it published its first quarterly report as a publicly traded company, with its CEO claiming he wasn’t trying to be Strategy boss Michael Saylor with regard to its Bitcoin holdings. 

Nasdaq data shows that Figma (FIG) was down nearly 20% Thursday afternoon, one hour ahead of the closing bell, with shares priced at $54.56.

Shares reached a high of $122 at the beginning of August, just days after the company went public on the NYSE. 



The drop came after earnings on Wednesday showed that the software company’s revenue grew 41% year-over-year to $249.6 million, slightly higher than expected. 

Adjusted operating income for 2025 is expected to be $88 million to $98 million, compared with an average projection of $88 million, the firm said. 

The company said in July that it had been holding onto a multi-million-dollar Bitcoin investment for more than a year via a Bitcoin ETF, at the time valued at close to $70 million. 

But in an interview with CNBC, the software firm said that it wasn’t trying to be like Strategy—formerly MicroStrategy—which is now the largest corporate holder of Bitcoin. 

“This is not a Bitcoin holding company,” CEO Dylan Field was quoted as saying. “It’s a design company.”

Figma has bought Bitcoin as a diversification hedge rather than following in the footsteps of Bitcoin treasuries—companies that buy and hold the crypto to pump their stock.

Still, the software giant said it would buy more Bitcoin back in July, and a Wednesday filing with the SEC showed that it had nearly $91 million in the crypto. 

Founded in 2012, Figma began as a browser-based interface design tool and has grown into a widely used platform for cross-functional product teams.

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September 5, 2025 0 comments
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Alessio Quaglini, CEO and Co-Founder of Hex Trust (provided)
NFT Gaming

HBAR Shares Drop 4% as Institutional Selling Intensifies

by admin September 2, 2025



Hedera’s HBAR token faced renewed selling pressure as institutional investors trimmed exposure, pushing the asset down about 4% between Aug. 31 and Sept. 1. Trading activity was concentrated around the $0.22 mark, with intraday swings ranging from $0.23 highs to $0.22 lows.

The heaviest selling emerged during after-hours, when more than 110 million tokens exchanged hands, underscoring signs of coordinated divestment. Market makers sought to stabilize the price in the $0.21–$0.22 range, but resistance hardened just above $0.22, capping any meaningful recovery.

Despite the downturn, Hedera continues to position itself as a platform for enterprise adoption. Daily trading volume fell 46% to $172.85 million while the network maintained a market capitalization near $9.5 billion.

Selling pressure accelerated into the final hour of Sept. 1 trading, when HBAR briefly breached multiple support levels. Roughly 3.5 million tokens changed hands in a single minute as the token slid below its $0.22 resistance, closing the session near its lows. With sellers maintaining control and institutional flows leaning negative, the market is signaling that further corporate repositioning could continue in the near term.

HBAR/USD (TradingView)

Market Structure Analysis Reveals Institutional Repositioning
  • Share price declined from $0.22 to $0.22 representing trading ranges of $0.01 or 5% between maximum and minimum session levels.
  • Trading volume exceeded 110 million tokens during overnight hours indicating significant institutional activity and potential portfolio rebalancing.
  • Support levels emerged around the $0.21-$0.22 range with subsequent recovery attempts failing to gain institutional backing.
  • Resistance formed near $0.22-$0.23 levels where price discovery consistently encountered selling pressure throughout the trading period.
  • Multiple support level breaches occurred at $0.22 and $0.22 with sellers maintaining market control.

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.



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September 2, 2025 0 comments
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