Why VCs Are Betting Big – Cointelegraph Magazine

How healthy is the gaming industry? Fortnite thoughtfully provided a concise answer to that question on June 16th. In advance of the much-anticipated unveiling of The Device, a live event on the game platform, slots were full half an hour early as eager gamers logged in to witness Epic’s latest twist in its flagship game. The number at which participation was capped? Twelve million players in-game. Another eight million had to be content watching the stream. For context, NFL Sunday Night Football on NBC — the highest-rated TV presentation in…

Read More

Chrono Tech Launches Australian Dollar Stablecoin in Spite of ‘Big Four’ Banks

Australian blockchain firm, Chrono Tech, has been experiencing difficulties securing a banking partner amid the launch of an Australian dollar (AUD)-pegged stablecoin earlier this month. The AUD Token (AUDT), available on Chrono Tech’s platform, can be redeemed 1:1 for Australian dollars held by a licensed Australian bank. However, as Chrono Tech’s CEO, Sergei Sergienko, reveals, securing a banking partner was not easy. In an interview with Cointelegraph, Sergienko discussed his company’s transition from planning a “labor hour token” to launching a stablecoin, and the regulatory and banking climates for crypto…

Read More

One Very Small Project Shows Big Opportunity

Lition is an ethereum project, which almost no one knows exists. This project is already doing its part to help people in Germany to gain access to cheaper energy. Lition was launched earlier this year and is already a licensed energy supplier in Germany. Some of the customers come from major cities such as Berlin and Munich. Lition is built on top of the ethereum blockchain and allows people to use its decentralized energy market. With Lition, customers have a direct contact with energy producers of all sizes. The company…

Read More

Bitcoin Price Rebounds but CME Gap & $10.3K Remain Big Obstacles

Compared to the price action of the previous two weeks, this weekend has been relatively relaxed for Bitcoin (BTC) traders. On Saturday the price came within $10 of $10,000 before pulling back to $9,794 and at the time of writing the price continues to meet resistance at $9,900. Crypto market daily price chart. Source: Coin360 On the 6-hour timeframe, the volume profile visible range (VPVR) shows the price rejecting at the high volume node at $9,883 but at the same time, we can see that purchasing volume is beginning to…

Read More