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$557 Million in Ethereum Bought in Minutes as Bulls Show Up
NFT Gaming

$557 Million in Ethereum Bought in Minutes as Bulls Show Up

by admin August 30, 2025


Although Ethereum has seen its price plunge deeper beyond key resistance levels, on-chain activities suggest bulls are not gone. 

According to data shared by Cryptoquant analyst Maartunn, the second-largest cryptocurrency by market capitalization has witnessed a significant increase in taker buy volume across all exchanges, with over half a billion worth of ETH purchased in minutes.

The data reveals that the leading altcoin recorded a massive $557 million in buy volume in less than an hour as of August 29 despite major price setbacks witnessed on the day. Considering the timing of the massive Ethereum accumulation spree, it appears that the bulls have decided to buy the dip on Ethereum as efforts to maximize gains.

What’s next for ETH?

With the massive buying activity coinciding with the broad crypto market bloodbath, Ethereum has failed to respond with a positive price move as its price continues to plunge lower. Hence, market participants are keeping a close eye on Ethereum on-chain movements as market uncertainty looms.

Although the notable increase in Ethereum’s taker buy volume hints at heightening dip-buying interest among Ethereum investors, the move has raised optimism about a potential price rebound for the asset.

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After holding strong above $4,700 and moving towards the much-anticipated $5,000 a few days ago, momentum is increasingly fading as traders continue to cautiously reposition their assets. As such, the asset has fallen as low as $4,272 on August 29. Showing a notable price decrease of 3.44% over the last day, data from CoinMarketCap shows that it is trading steadily at $4,340 as of press time.

Source: CoinMarketCap

With major moves like the massive buying spree recorded today reflecting, market participants have raised concerns as to whether the notable demand for Ethereum could outweigh pressures from the short-term price trends. While voluminous ETH outflows from whales, including BlackRock, have also been spotted consistently during the day, it appears that large holders are also hedging against volatility while moving tokens into custody.

Nonetheless, the token moving towards $4,400 in the last hours has seen analysts predict that a sustained bounce above $4,400 will be critical to confirm whether these massive buying activities could push the asset and possibly the broad crypto market to a recovery phase.



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August 30, 2025 0 comments
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Oscar and another guy look at something off-screen.
Game Updates

The New Office Show Keeps Making A Bad Early Impression

by admin August 28, 2025


I want to like The Paper, the upcoming Office spin-off premiering on Peacock next month, but it sure knows how to make a bad impression. The show’s first trailer was miraculously devoid of jokes, but I was willing to give it the benefit of the doubt and hope that its true brilliance would shine in sequences too long to come through clearly if shoved into a two-minute teaser. Well, we now have our first clip of the show, and unfortunately The Paper continues to come across like the work of people trying desperately to emulate The Office without understanding what made it work.

The scene Peacock put out today shows Ned Sampson (Domhnall Gleeson), the new editor-in-chief for the Toledo Truth-Teller, trying to impress people on the newspaper’s office floor by looking like he and his staff are having a very enthusiastic meeting in one of the private rooms. Important people are watching, and Ned wants them to think that things are going swimmingly and that the team is energized and synergized. But instead of just actually having a meeting, he instructs his employees to pantomime a productive one so the suits outside will think he’s running a productive ship. 

As unfunny as it is, it works. Good for him. I hope he can follow up that content meeting with actual content. But what is the joke here? The Office had absurd sequences that lasted long enough to be uncomfortable, but they were laced with one-liners, had pointed criticism of its office of assholes, or at least made you cringe from second-hand embarrassment. This whole charade doesn’t go anywhere. It’s just a couple of people being confused, most of the group playing along, and a suit being successfully hoodwinked. No punchline.

The Paper’s 10-episode season premieres next week on September 4, and I really hope that Peacock is just holding back the good stuff. I don’t need the spin-off to be exactly the same as the original, but it would be nice if it didn’t feel so sauceless.



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August 28, 2025 0 comments
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Overwatch 2 will overhaul its progression systems to show more visual flair in matches

by admin August 26, 2025


The next season of Overwatch 2 will bring more than the usual new hero and battle pass to the team shooter. Blizzard announced that Season 18 will introduce a new take on the progression system. As they currently stand, the progression numbers feel pretty divorced from the gameplay; this revamp introduces new ways to display your prowess to teammates and foes in matches as well as some welcome changes to how you see and equip your rewards. 

The new Progression 2.0 system has overhauled the visual side. For starters, there will be new portrait frames that increase in fanciness every 20 levels, capping at level 60. These Ascended borders will be displayed when you pick your hero for a match. Between the different Ascended frames, players will unlock five tiers of hero badges that also display in Hero Select under your portrait. 

Overwatch 2 Hero Badges

(Blizzard)

In addition to the new flash, the Hero Select screen will show your allies a card with your top heroes on it. I doubt anyone will pay too much attention to cards in the Open Queue matches, so this seems like a Competitive-angled addition. It could help make it easy to build a team composition based on the whole group’s strengths, creating a test of your crew’s cooperation ability before the game even starts. Blizzard clarified that in Competitive, opponents won’t be able to see your portrait borders until 10-15 seconds after a match begins, and hero cards won’t be displayed to an enemy until one of you eliminates each other. That means nobody should be able to use your hero card against you in the ban phase.

I’ve almost never thought about the rewards I get for progression stats because it’s unclear when I’ve gotten a new item and I rarely bother searching for them in my cosmetics collections, so having a dedicated progression menu added should place a new focus on tracking how far you’ve gotten with a particular character. The hero-specific rewards on the horizon will be displayed on that page, and already-unlocked items can be equipped directly from that menu. Blizzard is also offering occasional Epic and Legendary loot box freebies as you rise through the ranks for each hero, which is always welcome. 

The progression levels will be rewarded retroactively when the season starts. For long-time fans, that means you can expect to see a whole bunch of rewards to browse through when you first log in during Season 18. For new players, there will be more credits and cosmetics available to unlock in the first 20 levels. That first set of 20 levels will also be scaled to be quicker to complete, while later levels will require more time.

The new season kicks off tomorrow, on August 26. Season 18 will also bring a new option for keyboard and mouse controls on console and the permanent addition of watery support hero Wuyang. 



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August 26, 2025 0 comments
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Gamescom 2025 Was The Biggest And Most Diverse In Show History
Game Updates

Gamescom 2025 Was The Biggest And Most Diverse In Show History

by admin August 25, 2025


Gamescom 2025 was officially the biggest and most diverse in show history, according to the association that organizes the annual event in Cologne, Germany. Bringing in nearly 400,000 visitors from more than 100 countries, with international participation at an all-time high and its digital reach breaking a new record, the association is calling it the most successful show yet. 

Having spent a week in Cologne to cover the show for Game Informer, it was both one of the most exhausting and exciting weeks of my career. I played so many amazing games, spoke to just as many interesting devs, and ultimately, came away from the show excited about the future of gaming, despite the industry’s many, many problems. It turns out, I was one of 357,000 visitors from 128 countries at the show this year. More than 34,000 trade visitors attended the show, and Gamescom saw the strongest growth in this sector from the U.S., China, Canada, and Japan. 

 

Speaking of international participation, a total of 1,568 exhibitors from 72 countries participated on the show floor, “with a foreign share of 70%,” according to a press release. “There were also 40 country pavilions representing 35 countries, including for the first time the pavilion of official partner country Thailand, along with Dubai and Kyrgyzstan.”

Digitally, Gamescom 2025 reached new heights, too, garnering over 630 million views worldwide as of this past Saturday evening (Gamescom’s final day was yesterday). Gamescom says that’s a 105 percent increase compared to last year’s show. Seventy-two million of those views were for Gamescom’s Opening Night Live last Tuesday, marking an 80 percent increase in viewership compared to last year. 

“Gamescom combines business and entertainment like no other event worldwide, as shown by 1,568 exhibitors spread across 233,000 square meters of gross exhibition space,” Koelnmesse (the event hall) president and CEO Gerald Böse writes in a press release. “With record figures once again in nearly every category, the enormous variety of experiences and global participation, Gamescom is the most important event for the global gaming community.” 

 

Here are Gamescom 2025 stats, at a glance: 

  • 357,000 visitors from 128 countries

  • Over 34,000 trade visitors, with the strongest growth from the US, China, Canada, and Japan

  • More than 630 million views across the entire show program (as of Saturday evening) – an increase of 105 percent over the previous year

  • 72 million views for Gamescom Opening Night Live (as of Saturday evening) – an increase of 80 percent over the previous year

  • 5.7 million page views for Gamescom Epix (as of Saturday evening)

  • 1,568 exhibitors from 72 countries, with a foreign share of 70 percent

  • 40 country pavilions from 35 countries

  • Approximately 233,000 square meters of gross exhibition space

  • Around 80,000 people at the Gamescom city festival

We have a ton of coverage for Gamescom 2025 up on the Game Informer site, with many more previews for upcoming games to come, so check out some of the pieces so far: 

What was your favorite game shown during Gamescom 2025? Let us know in the comments below!



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August 25, 2025 0 comments
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Google’s Gemini Live AI assistant will show you what it’s talking about
Gaming Gear

Google’s Gemini Live AI assistant will show you what it’s talking about

by admin August 21, 2025


Google is bringing a bundle of new features to Gemini Live, its AI assistant that you can have real-time conversations with. Next week, Gemini Live will be able to highlight things directly on your screen while sharing your camera, making it easier for the AI assistant to point out a specific item.

If you’re trying to find the right tool for a project, for example, you can point your smartphone’s camera at a collection of tools, and Gemini Live will highlight the correct one on your screen. This feature will be available on the newly announced Pixel 10 devices when they launch on August 28th. Google will begin rolling out visual guidance to other Android devices at the same time before expanding to iOS “in the coming weeks.”

Google is also launching new integrations that will soon allow Gemini Live to interact with more apps, including Messages, Phone, and Clock. Say you’re in the middle of a conversation with Gemini about directions to your destination, but you realize you’re running late. Google says you’ll be able to interrupt the chatbot with something like: “This route looks good. Now, send a message to Alex that I’m running about 10 minutes late.” From there, Google can draft a text to your friend for you.

Lastly, Google is launching an updated audio model for Gemini Live that the company says will “dramatically improve” how the chatbot “uses the key elements of human speech, like intonation, rhythm and pitch.” Soon, Gemini will change its tone based on what you’re speaking about, such as using a calmer voice if you’re asking about a stressful topic.

You’ll also be able to change how fast — or slow — Gemini talks, which sounds a bit similar to how users can now tweak the style of ChatGPT’s voice mode. And, if you ask Gemini for a dramatic retelling of a story from the perspective of a particular character or historical figure, the chatbot may adopt an accent for a “rich, engaging narrative.”



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August 21, 2025 0 comments
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Highlights from Gamescom Opening Night Live: Black Myth: Zhong Kui steals the show
Esports

Highlights from Gamescom Opening Night Live: Black Myth: Zhong Kui steals the show

by admin August 20, 2025


Gamescom Opening Night Live was once again hosted by Geoff Keighley last night, and GamesIndustry.biz was there in the Confex hall in Cologne to see the whole thing unfold live.

In the build up to the entrance of the big man at 8pm, the 5,000-strong audience was treated to a pre-recorded ‘pre-show’, featuring various game trailers that didn’t quite get past the velvet rope into the main event.

Notably, the only one of these trailers to get an actual cheer from the steadily warming up audience was He-Man and the Masters of the Universe: Dragon Pearls of Destruction, a retro 2D brawler from Bitmap Bureau and Limited Run Games.

Coming after the rapturous reception for Bitmap Bureau’s retro-styled Terminator 2D: No Fate, it just goes to show the nostalgia drug remains as potent as ever.

Although nothing like the whooping for He-Man, a few other pre-show trailers gained some smatterings of applause, including Long Gone (funded by Outersloth), Valor Mortis, PVKK, the Chinese single-player action RPG Swords of Legends, and Saber Interactive’s new truck simulator Road Kings, which will no doubt go down well with the Euro Truck Simulator crowd.

Then it was time for Keighley to glide onto the stage in his trademark comfortable brown shoes. “It turns out that E3 didn’t die,” he pronounced, “it just moved right here to Germany.”

Setting aside Keighley’s own role in the murder, it’s difficult to compare the atmosphere of this vast German hall to the fan fervour you might see in days gone by in LA. The German audience seems far more muted and less prone to spontaneous outbursts.

Then again, it does feel like Gamescom has been building some serious momentum over the past few years in the absence of its US rival.

Image credit: Team Cherry

Right off the bat, Keighley revealed new gameplay footage of Hollow Knight: Silksong and proclaimed a demo would be playable at Gamescom, to the elation of the crowd.

The long-awaited game now has nearly five million wish lists on Steam, and the anticipation for it is reaching fever pitch.

Then it was on to a new trailer for Call of Duty: Black Ops 7, which focused on some freaky-deaky, hallucinatory levels, reminiscent of the Scarecrow sequences in Batman: Arkham Asylum. The big headline feature for CoD this year is a two-to-four-player co-op – and it all culminates in a new PvE end game that could be a big draw.

Lord of the Fallen 2 got a surprise unveiling, along with a new anime based on From Software’s Sekiro: Shadows Die Twice called Sekiro: No Defeat.

But one of the biggest reveals at the show was Lego Batman: Legacy of the Dark Knight, which focuses on Christopher Nolan’s Batman trilogy.

TT Games’ head of development Jonathan Smith was wheeled out on stage to enthuse about the new title. “We are so thrilled to be revealing this game,” he said. “This is the definitive, essential Batman story.”

And it certainly seemed to be thrilling the assembled crowd, receiving one of the warmest receptions of the entire night.

Smith explained that it would be the first of the studio’s Lego titles to have different difficulty levels (‘Caped Crusader’ and ‘Dark Knight’ mode), and it appears to be a lot more involved than Lego Batman games of the past, featuring combat styled similarly to the Arkham titles.

Image credit: TT Games

More announcements followed. Warhammer Dawn of War IV is on the way in 2026, although developed by King Art Games rather than Relic Entertainment.

Monster Hunter Wilds is getting a crossover with Final Fantasy XIV, Chocobos included. Perhaps it will help to buoy the slump in sales for Wilds over the past few months.

The Fallout cast were ushered on stage to talk about season 2 of the show, which is headed to New Vegas this time around. But perhaps the bigger news is that Indiana Jones and the Great Circle is heading to Switch 2 next year, eliciting gasps from the crowd.

Later, in another example of Microsoft’s IP crossing boundaries, it was revealed that Age of Empires IV is coming to PS5. As Rob Fahey recently commented, it’s a confusing time to be a console warrior.

We received new trailers for a whole swathe of previously announced titles, including Cronos: The New Dawn, The Outer Worlds 2, and Ghost of Yotei, which it was revealed will be receiving a Legends multiplayer mode in 2026, just like Ghost of Tsushima before it.

But the crowd was most roused by new footage from Vampire: The Masquerade – Bloodlines 2, which after years in development by various different studios is finally being released on October 21st this year.

Keighley took some time to enthuse about Death By Scrolling, the new game from Monkey Island creator Ron Gilbert, which offers a departure from Gilbert’s point and click adventure roots by tasking the player with avoiding Death by fleeing upwards through a forced-scrolling playfield.

Image credit: Capcom

Eventually, nearly two hours in, and long after the show had begun to lose momentum, it was the turn of Resident Evil Requiem, a game that is clearly hotly anticipated by the audience. There were actual German whoops.

The new footage focused on terrified protagonist Grace Ashcroft fleeing violent monk-ish intruders alongside her handgun-wielding mother, but otherwise offered frustratingly few details about the new title, which is due on February 27th, 2026.

As Keighley entered into his thank yous following the trailer, it was notable that many audience members chose to get up and leave while he was speaking. But there was one more thing, he said, prompting the biggest reveal of the night.

A short CGI trailer for Black Myth: Zhong Kui ended the show, a sequel to Game Science’s multi-million selling Black Myth: Wukong.

Few details were provided apart from the name, but the fact that this one was saved until last just goes to show how Chinese studios are currently in the soaring ascendent.



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August 20, 2025 0 comments
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NFT Gaming

BTC’s Rising Leverage Trades Show Signs of Stress, Galaxy Digital Says

by admin August 18, 2025



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.

Leverage in crypto markets is surging back to bull-market levels, even as last Thursday’s pullback reminded traders how quickly overextended bets can unwind.

Galaxy Research’s Q2 State of Crypto Leverage shows crypto-collateralized loans expanded 27% last quarter to $53.1 billion, the highest since early 2022, powered by record demand in DeFi lending and a renewed appetite for risk.

That backdrop set the stage for last week’s shakeout.

Bitcoin’s retreat from $124,000 to as low as $118,000 triggered more than $1 billion in liquidations across crypto derivatives, the largest long wipeout since early August. Analysts framed it as healthy profit-taking rather than the start of a reversal, but it underscored how fragile the market becomes when leverage builds this quickly.

Galaxy’s analysts argue that stress points are already visible.

In July, a wave of withdrawals on Aave pushed ETH borrowing rates above Ethereum’s staking yields, breaking the economics of the popular “looping” trade where staked ETH is used as collateral to borrow more ETH. The unwinding triggered a rush to exit staking positions, sending Ethereum’s Beacon Chain exit queue to a record 13 days.

Galaxy has also flagged that borrowing costs for USDC in the over-the-counter market have been climbing since July, even as on-chain lending rates remain flat.

The spread between the two has widened to its highest level since late 2024. That disconnect suggests demand for dollars off-chain is outpacing liquidity onchain, creating a mismatch that could amplify volatility if conditions tighten further.

With institutional demand and ETF inflows still supporting the bullish backdrop, strategists remain constructive on crypto.

But between ballooning loan volumes, concentration of lending power, DeFi liquidity crunches, and a widening gap between on-chain and off-chain dollar markets, the system is showing more points of stress, Galaxy writes.

Thursday’s $1B flush was a warning that the return of leverage is cutting both ways.

Market Movers

BTC: Volatility has plunged across markets ahead of Jerome Powell’s Jackson Hole speech, with traders betting on September rate cuts, but some warn complacency could mask risks as BTC trades at $118,061.51, up 0.44%.

ETH: A record $3.8B in Ether is queued for unstaking with a 15-day wait, adding potential profit-taking pressure even as ETF and treasury demand surges, with ETH trading at $4,524.10, up 2.13%.

Gold: Gold is trading at $3,332.95, down 0.11%, as hotter U.S. inflation data cut Fed rate-cut bets and left XAU/USD consolidating above key $3,310 support ahead of Powell’s Jackson Hole speech.

Elsewhere in Crypto

  • Stablecoin Boom Has Made Crypto Ramps ‘Sexier’ M&A Targets, Says VanEck VC (Decrypt)
  • Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains (CoinDesk)
  • Gemini Hires Goldmans, Citi, Morgan Stanley and Cantor as Lead Bookrunners For its IPO (CoinDesk)



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August 18, 2025 0 comments
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