$ETH I mentioned earlier that there was no significant resistance for Ethereum until $3,800, and the price has easily reached this level. As of now, the liquidations around $3,800 have been cleared, and we can say that all short positions opened in the last month have been cleared.Currently, for the uptrend to continue, it is important to see closes above the $3,800 resistance level. #ETHETFS If the $3,800 resistance is easily surpassed despite the liquidations being cleared, the uptrend is expected to continue towards $4,150. Once $3,800 is broken, there appears to be no significant selling wall, liquidation, or resistance until the $4,150 resistance level. #BTC For now, whether the uptrend continues will likely be determined by the $3,800 breakout. It's worth keeping a close eye on this level, friends. #ETHETFS #altcoins #BTC
Starfield Becomes Top Best-Selling Premium Game Since Its Release
According to Decrypt, Starfield, the latest release from Skyrim developer Bethesda, has become the top best-selling premium game in dollar sales since its launch on September 6. Circana data reveals that Starfield was the highest-grossing paid game last month, surpassing Warner Bros. Games' Mortal Kombat 1, EA Sports FC 24, and Madden NFL 24. As of now, Starfield is the seventh best-selling premium game of the year, selling more copies than Bandai Namco's Elden Ring and Square Enix's Final Fantasy XVI, among others.
Microsoft, which owns Xbox and Bethesda, confirmed that Starfield's release significantly boosted its business, leading to an increase in Xbox Game Pass subscribers. During the company's quarterly earnings call on Tuesday, Microsoft CFO Amy Hood stated that the gaming division experienced a 9% revenue spike, primarily due to Starfield's release and a concurrent jump in Xbox Game Pass subscriptions. Microsoft CEO Satya Nadella shared that more than 11 million people have played Starfield to date, with nearly half of the hours played on PC. On launch day, the game set a record for the most Game Pass subscriptions added in a single day.
Starfield saw a substantial 6 million players within its first day, and the Starfield team announced on Twitter that it became Bethesda's biggest game launch of all time within 24 hours of release. Bruce Nesmith, a former Bethesda game designer who worked on Skyrim and Starfield's early development, expressed his satisfaction with the audience's reaction to the game in an interview with MinnMax this week. He noted that creating a new IP like Starfield was more challenging than working on Skyrim or the Fallout series due to the need for more original content.
Binance Enhances Euro Transactions for European Users through New Fiat Partnerships
Binance has announced new partnerships aimed at enhancing Euro (EUR) transactions for its European clientele. The agreements with newly onboarded fiat partners will facilitate EUR payments, deposits, and withdrawals on the platform, addressing a vital aspect of cryptocurrency adoption by easing the transition between fiat and crypto.
The new partnerships will offer a host of services including: - Deposits and withdrawals through Open Banking, SEPA, and SEPA Instant. - Buying and selling of cryptocurrencies using SEPA/SEPA Instant, bank cards, and fiat balances. - Availability of EUR spot pairs for all users.
The move comes as part of Binance’s ongoing efforts to improve user experience and broaden crypto adoption. The provision of fiat channels is instrumental in advancing the global adoption of digital assets. For newcomers to the crypto space, having straightforward means to buy and sell cryptocurrencies can significantly reduce entry barriers.
The introduction of these services is not only expected to streamline the process of buying and selling crypto for Binance users but also to contribute to the platform's mission of increasing the freedom of money worldwide. The enhanced fiat services are aimed at enabling users to have more control and flexibility over how they manage their finances.
Moreover, by fostering a conducive environment for crypto transactions, Binance continues to play a pivotal role in promoting ease of access to the Web3 ecosystems for both new and seasoned crypto enthusiasts. This aligns with Binance's broader goal of bolstering crypto adoption and providing a seamless user experience.
dYdX's Open-Source Revolution: Unveiling the Future of Decentralized Exchanges 🌐
Let's take a moment to unpack something truly exciting in the crypto space. DYDX, a leading decentralized exchange, has made a move that could redefine how we think about DeFi. Intrigued? Let's get into it. 🤓
The Big News Recently, dYdX announced that it's open-sourcing its code, marking the initiation of the exchange's v4 upgrade. This monumental move transitions dYdX from a layer-2 network on Ethereum to a standalone blockchain in the Cosmos ecosystem. Open-sourcing is more than a buzzword here; it's about transparency, community involvement, and, most importantly, full decentralization. 🛠️
What Does It Mean for DEXs?
Transparency Open-source code is like an open book. It allows developers to review, detect bugs, and improve quality. This is a cornerstone in the blockchain ethos, and dYdX is embracing it wholeheartedly.
Governance If the community accepts this proposal and it passes a governance vote led by the dYdX Foundation, the new mainnet will go live. This means the protocol will be community-operated, and the company will no longer control it or collect trading fees. Financial Impact Antonio Juliano, dYdX's founder and CEO, highlighted that this is a pivotal moment for DeFi. The platform already sees an average of a billion dollars traded every day. Imagine the possibilities when the community gets to call the shots!
The Bigger Picture This isn't just about one exchange; it's a blueprint for how DEXs can operate in the future. It sets a precedent for transparency, community governance, and financial autonomy. In a world where centralization is the norm, dYdX is showing us another way.
Your Thoughts? 🤔 What do you think this means for the future of decentralized exchanges? Will other DEXs follow suit?