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Axie Infinity Unveils NFT Monetization SolutionAxie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This move by Axie Infinity represents a significant shift in the world of NFTs and their potential use cases, demonstrating the versatility and potential of NFTs to serve as digital assets that can be used in various ways, including generating passive income. The initiative could inspire other companies and platforms to follow suit, leading to a more diverse and prosperous NFT market. IMF bullish on Axie Infinity as whales amass AXS A recent report from the International Monetary Fund (IMF) expresses optimism about three cryptocurrencies. The report anticipates positive performance from these projects by December 2023. Axie Infinity functions as a platform enabling gamers to engage in diverse games and trade NFTs for potential profits. Despite a period of subpar performance in 2023, analysts project a recovery for AXS, surpassing $5 and reaching $7.30 by December. On Oct. 25, there had also been an increase in development activity, maintaining a level unprecedented throughout the month and contributing to heightened investor confidence. The surge in value reflects the growing interest and engagement of investors in the Axie Infinity ecosystem, aligning with the broader trend of increased attention on NFT-based gaming platforms and their associated cryptocurrencies. Continuing a trend from the previous day. This uptick in significant transactions has been notable since Oct. 27, coinciding with the asset’s sustained bullish performance. At the time of writing, Axie Infinity is exchanging hands for $6.34, representing a 6.38% increase in the past 24 hours, according to data from CoinGecko.
Long
by DEXWireNews
BLUR Accumulation Surges After Binance Listing, Price Jumps 97%BLUR soars after Binance listing, fueled by strategic deposits, reallocations, and a successful airdrop, maintaining strong market figures. In one of the largest Airdrops ever, BLUR the native token of NFT Marketplace Blur has seen massive accumulation summing up to hundreds of millions. As per Lookonchain data, Hanwe.eth, the top recipient of Season 2 airdrop, deposited $6.2 million in $BLUR to Bybit and Coinbase. This follows hanwe.eth’s complete deposit of 22.85 million $BLUR from the airdrop, is expected to yield around $12.3 million after selling. Blur’s end-of-season airdrop is one of the techniques it uses to entice traders to use its platform. At the end of each season, Blur pays those who traded NFTs on the site. 276 Million BLUR Tokens Are Already Claimed According to reports, approximately 38,000 addresses have already collected their BLUR tokens, totaling 267 million claimed tokens. Some got in millions while some came out with only a handful of profits, suggesting an increasing BLUR accumulation among the investors. However, the incentives are determined by the activities of users on the NFT trading platform. Blur allocated a total prize pool of 300 million tokens worth $146 million at current BLUR prices in the most recent airdrop. According to DappRadar, Blur exceeded OpenSea in daily Ether trading volume earlier this year. On February 18, OpenSea was prompted to introduce a 0% price structure to reclaim its user base from new competition. BLUR Token Jumps 97% Weekly BLUR has seen significant double-digit growth in the week leading up to an announcement by Binance, the world’s largest cryptocurrency exchange, about listing the asset. Previously, crypto aficionados lauded BLUR’s growth as “crazy,” as the project’s team just released 300 million tokens into circulation, bringing the project’s total circulating supply to more than 1.1 billion. Despite the NFT dump, Blur (BLUR) was trading at $0.621322 with a 24-hour trading volume of $47 million. This reflects a price increase of 18.48% in the previous 24 hours and a price increase of 97.26% in the last 7 days. Blur has a market valuation of $68 million and a circulation supply of 1.1 billion BLUR.
Long
by DEXWireNews
Blur / The NFT marketplace for tradersAfter the dump on retails in coinbase listing which is very classic now same whales buys the dip that they made but lets see what is Blur first BLUR is the native governance token of Blur, a NFT marketplace and aggregator platform that offers advanced features such as real time price feeds, portfolio management and multi marketplace NFT comparisons. It claims to have faster NFT sweeps, and a more intuitive interface than other comparable platform. the marketcap is way overvalued and half a billion dollar for project like this make no sense, Blur gives me an Apecoin vibe next targets for short time are 1.35 and 1.39$ but you must definitely have good stop loss (like 1.1$)
by moonypto
Altura (ALU) long, big move comingAltura, gaming infrastructure coin. Altura is a low cap - high risk, but establish token with a lot of partnership. I have big confidence in Altura. Trading idea I would wait for a 1 hour close above the neckline (If you wait for 4 hour close, I think the opportunity is gone). After confirmed break of the neckline I think we will see a "quite fast" 18% ride to target. The target match up with a old weekly close as well as the aspected target based if the head and shoulder pattern play out (distance from the bottom to neckline).
Long
by TaTaTaCrypto
Disney (NYSE: DIS) to Launch Its Own NFT PlatformThe NFT trend shows no signs of slowing down. The Walt Disney Company, has teamed up with well-known developer Dapper Labs to introduce the Disney Pinnacle NFT platform. This platform will feature digital collectibles based on icons stored on the Flow blockchain. The collection is set to include digital versions of souvenirs available in Disney theme parks, encompassing characters from “Toy Story,” “Star Wars,” “Mickey Mouse,” and various Disney princesses. As a result, fans of Disney and Pixar animations can enrich their collections with tokenized versions of physical collectible pins. These NFTs will be available not just for buying and selling but also for exchanging with other collectors to acquire missing pieces. This platform will digitally assemble and display a century's worth of animated magic in one marketplace. Designed primarily for mobile devices, Disney Pinnacle also has plans for a future desktop version. The app is slated for release in the App Store for iOS and Google Play Store for Android by the end of the year. The platform is prepared to welcome clients, having already launched a pre-order list. Users will be gradually introduced to the marketplace's features through test sales, although the date for the public release is yet to be determined. Disney representatives have not disclosed specific details about the initial pricing of NFTs on the platform in response to subscriber queries. However, speculation suggests that the pricing will align with the current resale value of the physical pins on online auction sites, with actual prices likely influenced by market demand. Dapper Labs, the developer behind the marketplace, is already renowned in the crypto community for creating the cult-favorite game CryptoKitties and NBA Top Shot – a platform for selling memorable NBA game moments as non-fungible tokens (NFTs). Disney's venture into establishing its own NFT platform marks another step in its use of decentralized technologies. Previously, we've seen how the company brought its characters to life in virtual reality. For this purpose, Disney created its own Metaverse and released an NFT collection called “Golden Moments”, available for purchase in a virtual store on the Obsess platform. The official launch of Disney's digital pins is likely to align with the debut of the Disney Metaverse World. Technical Analysist Price Momentum DIS is trading in the middle of its 52-week range and above its 200-day simple moving average. What does this mean? Investors are still evaluating the share price, but the stock still appears to have some upward momentum. This is a positive sign for the stock's future value.
NYSE:DISLong
by DEXWireNews
#TVK/BTC 1D (Binance) Falling wedge breakout & retestVirtua looks ready for a recovery after regaining 50MA support, targeting 200MA resistance. ⚡️⚡️ #TVK/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 7.5% Current Price: 0.00000076 Entry Targets: 1) 0.00000075 Take-Profit Targets: 1) 0.00000105 Stop Targets: 1) 0.00000065 Published By: @Zblaba TSX:TVK BINANCE:TVKBTC #Virtua #NFT #VrAr virtua.com Risk/Reward= 1:3.0 Expected Profit= +40.0% Possible Loss= -13.3% Estimated Gaintime= 3-7 weeks
TLong
by TradingOn
Market Update - September 29 2023 Bipartisan Group in Congress urges spot Bitcoin ETF approval as SEC punts: Bitcoin saw a mid-week bump as a bipartisan group of Congressmembers urged SEC chair Gensler to immediately approve a Bitcoin ETF. The SEC delayed a number of spot ETF application decisions as a US government shutdown looms. By the end of the week, bitcoin was trending higher, sitting above FWB:27K USD. MicroStrategy adds to its bitcoin coffers with purchases totalling ~$150 million: MicroStrategy, one of the largest bitcoin holders, bought 5,445 bitcoins for ~$147.3 million USD, at an average price around $27,053 USD. The purchases were made between August 1 and September 24. The company said it was considering buying even more. Leading NFT brand Pudgy Penguins to sell toys at Walmart: Pudgy Toys collection will be available in 2,000 Walmart stores across America. Each toy comes with a QR code, which once scanned gives the user access to the online virtual Pudgy World. Curve had a solid week as its founder closed out debt positions on Aave: Curve (CRV) rallied this week, trading up 17%, after Curve founder Michael Egorov paid off his entire debt position on the DeFi lending protocol Aave. ➡️ Read more here
GEMINI:BTCUSD
by Gemini
MANA Looks GOOD ?!!?When taking a look at Decentraland "MANA", it is currently holding a key support level and when price is at support, the most probably outcome is for price action to become bullish and try to go for the next big resistance zone arounf $0.38 then $0.45. if the momentum continues, 100% gain from these levels are probable. This means price needs to reach $0.60 Let me know in the comments below where you think #MANA will go. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
Long
by Navitility
#BLZ/USDT 4h (Binance Futures) Ascending wedge on resistanceBluzelle broke down the small rising wedge and has been forming a bigger one which may end up breaking bearish as well, leading to a retest of 200MA support. ⚡️⚡️ #BLZ/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (4.0X) Amount: 6.4% Current Price: 0.15552 Entry Targets: 1) 0.16459 Take-Profit Targets: 1) 0.12635 Stop Targets: 1) 0.18375 Published By: @Zblaba FWB:BLZ BINANCE:BLZUSDT.P #Bluzelle #Storage bluzelle.com Risk/Reward= 1:2 Expected Profit= +92.9% Possible Loss= -46.6% Estimated Gaintime= 4-8 days
BShort
by TradingOn
NFT/USDT 1D. Secondary trend. Wedge. APENFT. Justin Sun.NFT/USDT 1D. Secondary trend chart. In the secondary trend we can observe the falling wedge forming. In this wedge we've seen couple local downtrends forming, which are shown on the chart here. Another such local downtrendline(red on chart) has been formed on broken above. As for now the price is in the consolidation and is moving in the small range between the levels 0.0...31 and 0.0000..88. There's potential double bottom forming. The base of it is 14%(balance). Notice that this is TRX's groups of tokens. I.e. Justin Sun's one. This coins like to sometimes move against the market. The potentials above and below are shown on the chart. It's quite likely we ain't gonna see really big move quite soon. Only local movements probably, but when the time comes it can move pretty huge. Also notice that as the price drops(if it happens) - the targets are also obviously moving with the price. But with the time goes by, i think that in a half year - year there's a big probability of this falling wedge targets working out. Notice also that there's some insignificant volume increase recently.
Long
by TradingTsar
#BNX/BTC 1D (Binance) Falling wedge breakoutBinary X is about to regain 50MA and seems ready to leg up towards 100EMA resistance. ⚡️⚡️ #BNX/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 4.9% Current Price: 0.00000856 Entry Targets: 1) 0.00000853 Take-Profit Targets: 1) 0.00001290 Stop Targets: 1) 0.00000678 Published By: @Zblaba $BNX #BNXBTC #BinaryX #BSC #P2E Risk/Reward= 1:2.5 Expected Profit= +51.2% Possible Loss= -20.5% Estimated Gaintime= 1 month www.binaryx.pro
BLong
by TradingOn
#CHR/USDT 12h (ByBit) Descending wedge on supportChromia just printed a dragonfly doji, bullish reversal towards 100EMA resistance seems around the corner. ⚡️⚡️ #CHR/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (5.0X) Amount: 4.6% Current Price: 1) 0.1046 Entry Targets: 1) 0.1035 Take-Profit Targets: 1) 0.1215 Stop Targets: 1) 0.0945 Published By: @Zblaba TSX:CHR #CHRUSDT #Chromia #NFT #DeFi Risk/Reward= 1:2 Expected Profit= +87.0% Possible Loss= -43.5% Estimated Gaintime= 3 weeks chromia.com
Long
by TradingOn
#APE/USDT 1D (ByBit) Small falling wedge near breakoutApeCoin just printed a morning star, reversal towards 100EMA seems around the corner, at least short-term. ⚡️⚡️ #APE/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (2.6X) Amount: 5.1% Current Price: 1.888 Entry Targets: 1) 1.885 Take-Profit Targets: 1) 2.458 Stop Targets: 1) 1.598 Published By: @Zblaba NYSE:APE #APEUSDT #ApeCoin #NFT Risk/Reward= 1:2 Expected Profit= +79% Possible Loss= -39.6% Estimated Gaintime= 4-6 weeks apecoin.com
Long
by TradingOn
#LOOKS/USDT 1D (ByBit) Falling wedge breakoutLooks Rare finally regained 20EMA support and seems ready to push towards 100EMA resistance. ⚡️⚡️ #LOOKS/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.6X) Amount: 5.1% Current Price: 0.06390 Entry Zone: 0.06400 - 0.05740 Take-Profit Targets: 1) 0.07835 2) 0.09165 3) 0.10490 Stop Targets: 1) 0.04620 Published By: @Zblaba BSE:LOOKS #LOOKSUSDT #LooksRare #NFT Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +46.5% | +81.6% | +116.5% Possible Loss= -38.9% Estimated Gaintime= 1-2 months looksrare.org
Long
by TradingOn
BLUR!! You tell me if this looks like a BUY ZONE!BLUR is currently trading at the bottom of its current range and is holding this support well. I think the most probable price movement is that BLUR goes higher instead of lower. Lets see how this plays out. It's always best to long at the lows of the major range and to make sure you use the right risk management so that you don't blow up your entire portfolio. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Calculate Your Risk/Reward! This is not financial advice. This is for educational purposes only.
COINBASE:BLURUSDLong
by Navitility