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🔥🔥🔥 #metalcore launches Barony guild system to enhance #PvP experience Blockchain-based game MetalCore has introduced a new guild program called the Barony system, as announced by Studio 369, the developers of the game. This system allows players to form self-governed factions, known as Baronies, which enhance their gameplay through accelerated progression, resource sharing, and recruitment opportunities. Members of these Baronies can collaborate to dominate large-scale PvP faction wars. Each Barony includes a comprehensive hierarchy of roles, from the supreme Baron leader to Ministers, Knights, Initiates, and more. Higher-tier "Premium Baronies" receive additional privileges, such as exclusive in-game events. Several prominent gaming guilds, including Yield Guild Games, Merit Circle, W3GG, Perion, Ancient8 Gaming, and Avocado #DAO , are already establishing Baronies. These guilds, which collectively have over 100 million #gamers , are poised to take advantage of early unlocking benefits at launch. Studio 369 plans to roll out the Barony system in #Q3 2024, ahead of MetalCore’s full release on PC and the Epic Games Store. Source - cryptobriefing.com

🔥🔥🔥 #metalcore launches Barony guild system to enhance #PvP experience

Blockchain-based game MetalCore has introduced a new guild program called the Barony system, as announced by Studio 369, the developers of the game. This system allows players to form self-governed factions, known as Baronies, which enhance their gameplay through accelerated progression, resource sharing, and recruitment opportunities. Members of these Baronies can collaborate to dominate large-scale PvP faction wars.

Each Barony includes a comprehensive hierarchy of roles, from the supreme Baron leader to Ministers, Knights, Initiates, and more. Higher-tier "Premium Baronies" receive additional privileges, such as exclusive in-game events.

Several prominent gaming guilds, including Yield Guild Games, Merit Circle, W3GG, Perion, Ancient8 Gaming, and Avocado #DAO , are already establishing Baronies. These guilds, which collectively have over 100 million #gamers , are poised to take advantage of early unlocking benefits at launch.

Studio 369 plans to roll out the Barony system in #Q3 2024, ahead of MetalCore’s full release on PC and the Epic Games Store.


Source - cryptobriefing.com

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🔥🔥🔥 #binancecoin $BNB ) Falls Below Critical Support Level As of the latest update, BNB is currently trading at $592.71, reflecting an 18% decline in value since June 6. - Binance Coin Faces #BEARISH📉 Signals Since reaching its year-to-date peak on June 6, BNB has undergone a downward trajectory, forming a descending triangle pattern. A descending triangle typically signals bearish sentiment, characterized by lower highs and a horizontal support level. For BNB, this support rests at $593.90, a level it presently trades below. In such patterns, a failure by bulls to defend this support often precedes a bearish breakout, indicating a continuation of the downtrend as sellers outnumber buyers. BNB's price is currently below its 20-day exponential moving average (EMA), signaling reduced buying pressure. This suggests increased coin distribution and a decline in buying interest, contributing to a bearish sentiment. - BNB Price Prediction: Long Traders Maintain Optimism Despite the recent price decline, BNB's futures open interest has seen a notable drop from its year-to-date peak of $1.12 billion on June 8 to $674 million as of now, marking a 33% decrease. Futures open interest measures the total number of outstanding futures contracts yet to be closed or settled. A decline in open interest typically indicates more traders exiting the market without initiating new positions. Despite these developments, BNB's funding rate across cryptocurrency exchanges remains predominantly positive at 0.0021%. Funding rates are mechanisms used in perpetual futures contracts to keep contract prices close to spot prices. A positive funding rate indicates more traders holding long positions, signaling confidence in BNB's potential price increase. If selling pressures ease, BNB could potentially rebound above $600, aiming for around $615.10. Conversely, sustained bearish sentiments might drive BNB's price further down towards the $555.90 mark. Source - beincrypto.com #CryptoMarkets #BinanceSquareAnalysis #BinanceSquareTalks
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😳😳😳 #bitcoin falls below $66k, exchange activity rises Bitcoin (BTC) has experienced a strong bearish momentum following three days of consolidation, leading to its price dropping below the $66,000 mark. As of now, Bitcoin is down 0.9% over the past 24 hours, trading at $65,600. This decline has also caused Bitcoin's market cap to fall below the $1.3 trillion mark for the second time this month. Despite the price drop, Bitcoin's daily trading volume has surged by 125%, reaching $36.3 billion. Data from Santiment shows a significant increase in $BTC exchange inflow, which rose by 137% over the past day, from 19,172 BTC to 45,356 BTC. Interestingly, the amount of Bitcoin leaving exchanges has also seen a notable increase. According to Santiment, BTC exchange outflow surged by 119% in the past 24 hours, rising from 19,871 BTC to 43,493 BTC. The overall Bitcoin supply on exchanges increased from 937,240 BTC to 939,230 BTC over the past day, resulting in a net inflow of 1,863 BTC. This increase in inflows is happening as the broader cryptocurrency market is facing bearish momentum. Additionally, the global #CryptoMarket capitalization has declined by 2.6% in the past 24 hours, currently hovering at $2.485 trillion, according to CoinGecko data. The price aggregator reports that 96% of the leading 300 #cryptocurrencies , including meme coins, are in the red zone. According to Santiment, Bitcoin's relative strength index (RSI) is currently at 46, indicating that the leading cryptocurrency is slightly undervalued. Source - crypto.news #BinanceSquareBTC #CryptoTrends2024
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👉👉👉 The #bitcoin☀️ Developer Who Lost 25,000 $BTC As an early adopter and significant contributor to Bitcoin's growth, his experiences underscore the critical importance of robust security measures. His story serves as a poignant reminder of the vulnerabilities early Bitcoin users faced. Bitcoin Developer's Loss of 25,000 BTC During Bitcoin's nascent stages, when the cryptocurrency traded for less than $0.05, a developer known as ALLINVAIN mined and traded Bitcoin. By 2010, he launched one of the pioneering Bitcoin exchanges, Bitcoin Express, enabling users to purchase Bitcoin using PayPal. In the early days, he sold 1,000 BTC for just $5 and mined around 1,200 BTC daily with a laptop. By 2011, increased mining participation drastically raised difficulty levels. He supported the Bitcoin economy by facilitating the purchase of tangible goods, such as acting as a purchasing agent for Canadian users buying coffee cards. His active participation earned him the title of a "Bitcoin whale," amassing over 25,000 BTC. In early 2011, Bitcoin surged to $30, marking its first major price bubble, valuing ALLINVAIN's holdings at about $500,000. However, on June 13, 2011, he suffered a devastating blow when 25,000 BTC was illicitly transferred from his wallet, now valued at approximately $1.6 billion. ALLINVAIN admitted a security lapse, suspecting his unencrypted wallet file was compromised by a trojan virus disguised as mining software. News of the theft spread rapidly worldwide, attracting coverage from Forbes, which dubbed it the first significant Bitcoin theft. Despite conspiracy theories suggesting otherwise, ALLINVAIN took responsibility, attributing the incident to inadequate security practices. Despite setbacks, ALLINVAIN stayed engaged in the Bitcoin community and later ventured into hosted mining to rebuild holdings. His experience underscores the importance of securing private keys offline and following strict personal security protocols for Bitcoin users. Source - beincrypto.com #CryptoTrends2024 #BinanceSquareTalks #CryptoMarkets
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💥💥💥 Top Analyst Predicts Massive Bullish Breakout for $XRP Amid Coiling Pattern XRP's current chart pattern suggests a potential breakout and surge beyond the $20 mark, driven by narrowing trading ranges and converging price movements. This coiling pattern, coupled with declining trading volumes, indicates a probable upward trajectory in the near term. In addition to technical indicators, experts are optimistic about XRP's future price performance. One analyst forecasts a substantial rise from its current level around $0.50 to a range between $50 and $200. This bullish outlook reflects expectations of significant growth, potentially surpassing previous all-time highs. Even analysts with a more neutral stance acknowledge XRP's resilience, noting its ability to maintain critical horizontal support levels. This consistency adds credibility to the positive projections for XRP's price movement. Fundamentally, XRP possesses several strengths that could bolster its value. It enjoys legal clarity as it is recognized as not being a security in the United States. Moreover, its practical applications in real-world scenarios, utilizing advanced #XRPL technology, and partnerships with major financial institutions and corporations, contribute significantly to its appeal. XRP's efficiency in facilitating global fund transfers, strong community backing, and the expertise of Ripple's team further position it as a pivotal player in the financial sector, enhancing its potential for substantial growth. Source - cryptonewsland.com #cryptotrend2024 #BinanceSquareTalks #CryptoMarkets
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🔥🔥🔥 #zkSync (ZK) Drops 20% Amid #Binance Listing And New Token Distribution Program ZkSync's ZK Token Launch Controversy - ZkSync, Ethereum's Zero-Knowledge #Layer2 scaling solution, faced controversy with its ZK token launch and airdrop. Initially, the announcement of the airdrop drew significant backlash from investors and the crypto community. Airdrop Backlash and Criticism - ZK Nation's plan to distribute 3.6 billion ZK tokens to 695,000 addresses sparked dissatisfaction. Many users received fewer tokens than expected, with some high-volume users reportedly receiving less than others with lower activity levels. Projects like Element and zkApes voiced frustration at being excluded despite generating substantial gas fees. Anti-Sybil Filtering Concerns - Criticism intensified due to perceived weaknesses in anti-Sybil filtering. Approximately 80 million ZK tokens were distributed to 47,000 suspected Sybil addresses, raising concerns about fairness and security. Community Response and Clarifications - ZK Nation addressed community concerns, clarifying issues around project exclusions, user eligibility, and Sybil detection methods. They defended their approach while acknowledging compromises in Sybil detection accuracy. Binance Intervention and Distribution Program - Binance intervened by announcing ZK listing and a new distribution program. This initiative aims to distribute 10.5 million ZK tokens to 52,000 users meeting specific transaction criteria, addressing community dissatisfaction. Market Performance and Reaction - Following its debut at $0.30, ZK's price briefly spiked to $0.32 before settling at $0.24, marking a 21% decrease. Despite volatility and mixed reactions, ZK's market cap is $900 million, with a fully diluted value of $5.1 billion. Conclusion ZkSync's ZK token launch highlights challenges in token distribution and community engagement. Despite initial setbacks, stakeholders remain cautiously optimistic about ZK's potential in the crypto market. #CryptoTrends2024 #BinanceSquareAnalysis
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