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#Write2Earn #ANCIENT8 UNVEILS MAINNET: PIONEERING #ETHEREUM #LAYER2 FOR #GAMING $A8 Ancient8 is thrilled to unveil the Ancient8 Mainnet, a significant milestone in its mission to empower a million creators and inspire a global community of 100 million gamers. The Ancient8 Chain, powered by the robust OP Stack and Celestia integration, now stands as Ethereum Layer 2 for gaming, strategically addressing scalability and adoption hurdles in fully on-chain games and consumer DApps. This milestone marks a pivotal leap forward in their journey. From Successful Testnet to Robust Mainnet Ancient8's vision for an Ethereum Layer 2 has been in development since mid-2022, and it officially began with the launch of Testnet V1 in September 2023. This marked the beginning of Ancient8's mission to empower game developers with cost-effective and innovative on-chain gaming experiences. Following valuable community feedback, Ancient8 further refined and strengthened the Ancient8 Chain with the integration of Celestia in Testnet V2. Throughout the testnet phases, Ancient8 achieved significant milestones thanks to the invaluable support of developer communities. This collaborative effort allowed Ancient8 to approach the Mainnet release with necessary improvements, addressing game development needs such as onboarding essential games, resolving infrastructure challenges, and fostering education and community collaboration.

#Write2Earn #ANCIENT8 UNVEILS MAINNET: PIONEERING #ETHEREUM #LAYER2 FOR #GAMING $A8

Ancient8 is thrilled to unveil the Ancient8 Mainnet, a significant milestone in its mission to empower a million creators and inspire a global community of 100 million gamers. The Ancient8 Chain, powered by the robust OP Stack and Celestia integration, now stands as Ethereum Layer 2 for gaming, strategically addressing scalability and adoption hurdles in fully on-chain games and consumer DApps. This milestone marks a pivotal leap forward in their journey.

From Successful Testnet to Robust Mainnet

Ancient8's vision for an Ethereum Layer 2 has been in development since mid-2022, and it officially began with the launch of Testnet V1 in September 2023. This marked the beginning of Ancient8's mission to empower game developers with cost-effective and innovative on-chain gaming experiences. Following valuable community feedback, Ancient8 further refined and strengthened the Ancient8 Chain with the integration of Celestia in Testnet V2.

Throughout the testnet phases, Ancient8 achieved significant milestones thanks to the invaluable support of developer communities. This collaborative effort allowed Ancient8 to approach the Mainnet release with necessary improvements, addressing game development needs such as onboarding essential games, resolving infrastructure challenges, and fostering education and community collaboration.

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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#Write2earn #Bitcoin #Forecast : Price Range Projection and Market Sentiment Analysis #Bitcoin❗️ #BTCrecovering $BTC Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said. Cryptocurrencies bounced on Friday led by bitcoin's (BTC) gain, sparking hopes that the worst of the drawdown might be over. BTC surged almost 5% to briefly above $62,000 during U.S. morning hours following a cooler-than-expected U.S. April jobs report that eased concerns about higher interest rates. At press time bitcoin was changing hands at $63,200, up 6.4% Ether (ETH) reclaimed the $3,100 level and was up 4% during the same period, while altcoin majors dogecoin (DOGE), shiba inu (SHIB) and Near Protocol's NEAR jumped 5%-10%. The rally happened as the U.S. economy added 175,000 jobs in April, less than the analyst consensus of 245,000 and the previous month's 315,000, according to the government's Nonfarm Payrolls report. It also showed the unemployment rate inching higher to 3.9% from 3.8% in March. Following the report, market participants saw a 68% odds for at least one rate cut by September, up from 57% a week ago, CME FedWatch data indicated. Bitcoin's correction since mid-March coincided with mounting concerns of the Federal Reserve policymakers adopting a more hawkish stance in face of sticky inflation in recent months, with some traders even dismissing chances of any rate cut this year. That's helped the U.S. dollar index to its highest level since November, often a bearish signal for risk assets like crypto. In addition to the soft jobs data, Coinbase analysts David Han and David Duong took note of this week's FOMC meeting at which policymakers indicated no interest in cutting rates, but did taper the pace of the central bank's balance sheet runoff – often referred to as quantitative tightening (QT) campaign – as a dovish sign.
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#Write2earn #Bitcoin 's Battle: #Bulls Hold Ground Amid #Bearish Pressure #BullOrBear Over the past few days, Bitcoin experienced a dip, reaching as low as $56,500. Despite a significant sell-off from the Spot Bitcoin ETFs, the bulls managed to push the price back up. Currently, Bitcoin is teetering around the $59,000 support level. The big question now: Can the bulls maintain their stance? Bearish Pressure on Bitcoin Expectations were high for a Bitcoin price drop, potentially dipping below $51,000. However, the anticipated bearish movement hasn't materialized yet. Bears have been relentless, with a massive net sell-off of $563.7 million from the Spot Bitcoin ETFs on Wednesday. Even though Thursday saw a smaller net outflow of $34.4 million, it marked the seventh consecutive day of outflows. Bitcoin Holding Ground Looking at the daily chart, Bitcoin has shown resilience by climbing back above the critical $59,000 support level, preventing it from turning into resistance. Yet, it's struggling to surpass the trend line, indicating that there's still work to be done. A weekly close above $61,000 could potentially nullify the current downtrend, with weekends traditionally favoring bullish trends for Bitcoin. Potential for Price Drop From the bearish perspective, there's still room for a further price drop if bulls fail to capitalize on the recent bounce. This could lead to a dip to around $52,000. Bitcoin's Strength: Weekly Stochastic RSI On the weekly timeframe, the situation looks more optimistic. The longer wick to the downside on the current weekly candle is considered bullish, adding buying pressure to the area. Additionally, there's robust support at $52,000 in case of a collapse. Crucially, Bitcoin's ace in the hole lies in the weekly Stochastic RSI. Observing the chart's bottom, the signal lines are nearing a bottoming-out phase. If the blue fast line crosses upwards by the end of Sunday's trading, it could signal a shift towards positive price momentum, potentially leading to a full reversal to the upside.
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