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Following a challenging 2022, Gala has been on a meteoric comeback for 3 weeks as it continues to push an impressive 222% rally. Clawing its way out of the depths of the crypto winter ($0.019), GALA has posted a local high of $0.061 - currently trading at: $0.054 (+2%). This huge structural breakout from a tight crabbing pattern has taken off - ignited by positive macro sentiment from Bitcoin (BTC) and the S&P500. Promising project news has fuelled the climb as investors rush in to profit off this big move. Gala Games released their strategy for 2023. With 40+ GameFi projects in the pipeline - this ambitious team could see a phenomenal year. The current breakout pattern has formed a bullish pendant on the chart. Created by riding a strong support trend to test resistance at $0.06. Flipping the $0.06 price level from resistance to support is crucial for this rally to continue. Price action is still reeling from the last test, although the support trend has been w...

A recent study from deVere Group found a majority of their clients had asked their financial advisers about adding crypto to their portfolios. Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin (BTC) in 2022, according to a recent poll conducted by financial advisory firm deVere Group.  The poll results, released on Jan. 30, found that eight out of 10 of the firm's high net worth (HNW) clients surveyed with between $1.2 million and $6.1 million of investable assets sought advice on crypto from financial advisers in the last 12 months. 82% of millionaires seek advice on crypto as Bitcoin soars#PressRelease https://t.co/nv6HSZBxEs — deVere Group (@deveregroup) January 30, 2023 Nigel Green, the CEO and founder of deVere Group said that despite the surveyed group being "typically more conservative," he believes the interest stems from Bitcoin's core values of being "digital, global, border...

1. Bankrupt crypto lender BlockFi plans to sell loans backed by 68,000 bitcoin miners for about $160 million. Sources familiar with the matter said that given the current price of bitcoin miners, some of the loans are already in default and are under-collateralized. 2. Lawmakers in the European Parliament have proposed taxes on crypto assets to fund the European Union’s annual budget of 170 billion euros ($185 billion). Options included in a draft report for the Parliament’s budget committee, published on Jan. 16, include taxes on investors’ capital gains, transactions or mining. The report “suggests the introduction of a European tax on crypto assets, whose revenues would flow into the European budget,” the report by French lawmaker Valérie Hayer and Portuguese Social Democrat José Manuel Fernandes stated. “Regulating and taxing crypto assets at the EU level is more efficient than at national level given their high mobility and cross-border dimension.”（CoinDesk） Read more 3. Bitcoin m...

Join Our Telegram channel to stay up to date on breaking news coverage Jim Cramer, the host of “Mad Money”, recently commented on Bitcoin and Gold, causing chatter in the crypto community. He has a history of making unpopular crypto recommendations, such as advising investors to sell their holdings before Bitcoin’s price skyrocketed, earning him the nickname “Inverse Cramer”. However, his recent negative remarks about Bitcoin were met with criticism from the crypto community, who saw it as a bullish sign for the cryptocurrency. Market Performance Fail To Support Cramer’s Predictions   Jim Cramer recently made comments on Bitcoin and Gold which sparked a reaction in the crypto community. The host of the popular financial news show “Mad Money” on CNBC has a history of making incorrect predictions about cryptocurrencies.   Cramer is known to have convinced investors to sell their Bitcoin holdings before a major bull run, a...

Online card games are becoming all the rave in the crypto space. Since the launch of the play-to-earn gaming model in the last year, a growing number of projects are providing added utility to gamers besides the thrill of entertainment. One such play-to-earn project is Calvaria – a new-generation online strategy game. Calvaria Creating a New Reality for Online Games Blockchain games are becoming even more popular by the day. In the online card strategy niche, only a limited number of options are available for users. The most popular is Gods Unchained, where players have to assemble the best deck of cards and try to outwit all the tactics of their competitors. Seeing the dearth in the number of card-focused blockchain games, the Calvaria game was launched in late 2022. The online card trading game allows users to compete against one another in a bid to earn the native token, RIA.  While competition is the central thrust of the Calvaria game, it also offers ...

Join Our Telegram channel to stay up to date on breaking news coverage Many fans and content producers were horrified by what they perceived to be restrictions that may restrict their freedom to produce derivative games, shows, and other forms of media when rumors about an anticipated Dungeons & Dragons licensing shakeup first appeared earlier this month. NFTs, however, ended up being the main target, which was bad news for Web3 gaming startup Gripnr, which was developing a project that aimed to recreate the appeal of the fantasy-themed tabletop blockbuster for the modern era. Now that it is evident that D&D’s parent corporation has no interest in NFTs, the company is reversing course. The current D&D Open Game License has made it possible for fans and businesses to produce materials that are compatible with the illustrious tabletop experience for more than 20 years by allowing the use of certain elements—such as game mechanics—via a System Referen...

Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and zealous newcomers to crypto think that’s a good thing, while still giving lip service to peer-to-peer values. Ignoring the problems with fiat money, they beg political interests and bad actors to regulate Satoshi’s digital innovation. One such actor, Joe Biden, has been in the news recently complaining about not getting enough tax money from struggling Americans. To Biden and his elitist ilk, the destruction of crypto’s possibilities for economic sovereignty is a goal. Taxation is a key means to make that happen. To the crypto OGs, taxation is still theft, and permissionless, peer-to-peer exchange is still the answer. Stop the Sugar-Coating: Why Taxation Is Extortion There’s an old saying that goes: “you can’t make ice cream out of sh*t.” It’s crude, maybe, but speaks to an important reality in both ...

Proof-of-Reserve [PoR] is slowly emerging as a prominent aspect of the cryptocurrency ecosystem. Even though it gained traction gradually, it has started to renew investors’ faith in the industry. Chainlink’s [LINK], in particular, has been widely discussed on social media after it shared a post about PoR earlier this week. Gold, currencies, real estate, and commodities are collectively worth over $40 trillion. But only ~$200 billion of that is represented on-chain in a trust-minimized and tokenized form. That's just 0.5% of the addressable market. Enter #Chain LINK Proof of Reserve (PoR). — Chainlink (@chainlink) January 22, 2023 This distributed oracle service verifies a smart contract’s reserves. In order to do so, Chain LINK seeks an account’s current balance from the network via a smart contract, which then compares it to the balance indicated in the contract. This is pertinent as it bolsters the trust in the community. While the network...

Elon Musk, CEO of Twitter, SpaceX, and Tesla, has given his opinion about the latest reports on the creation of a common currency in Latam, to be initially worked on by Argentina and Brazil. Musk stated that this move would be “probably a good idea,” commenting on the topic on social media. Elon Musk Gives His Take on Latam Common Currency The latest reports that Brazil and Argentina will start to study the issuance of a common currency for Latam have already caused reactions all over the world. Elon Musk, CEO of Twitter and Tesla, has recently given his appreciation when it comes to the issuance of such a currency, that would come to create a common economic area for the countries of Latam. Answering a tweet that stated other nations in Latam would be invited to join the plan to create the second-largest currency union behind the European Union, Musk stated: Probably a good idea. Minister of economy of Argentina, Sergio Massa, warned that this discussion would be just ...