Best Twitter threads of the day – June 5th

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• Sega shifts its focus away from making blockchain games

  TL;DR Breakdown Sega has announced that it is not in a rush to create a game that will be infused into blockchain. The company has cited issues over values and gameplay. Description Sega, the renowned gaming company renowned for iconic titles like Sonic the Hedgehog and its classic consoles from the 80s and 90s, is reportedly scaling back its involvement in blockchain games. According to a recent report from Bloomberg, Sega Co-Chief Operating Officer Shuji Utsumi revealed that the studio will refrain from licensing its major franchises … Read more Sega, the renowned gaming company renowned for iconic titles like Sonic the Hedgehog and its classic consoles from the 80s and 90s, is reportedly scaling back its involvement in blockchain games. According to a recent report from Bloomberg, Sega Co-Chief Operating Officer Shuji Utsumi revealed that the studio will refrain from licensing its major franchises for third-party blockchain games and will not develop its in-house blockchain games. The decision stems from concerns that integrating blockchain technology may devalue Sega’s content, as well as a perception that the gameplay in many…

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• Hooked Protocol price analysis: Price slumps to $1.40 as bears reactivate the downtrend

  TL;DR Breakdown The Hooked Protocol price analysis shows the price is going down once again. HOOK values has lowered to the $1.40 level. Support is for HOOK/USD is present at $1.29. Today, the Hooked Protocol price analysis indicates a bearish trend, with increased selling activity observed throughout the day. The price subsequently dropped to $1.40 as the bears regained their dominance. Despite a brief pause when the bulls attempted a comeback, the bears continue to dominate the price charts. Over the past 4 hours, the price has experienced a decline, aligning with the overall bearish trend observed. HOOK/USD 1-day price chart: Stepping down to $1.40, the price experiences a renewed downturn Based on the 1-day Hooked Protocol price analysis, a prominent bearish trend is evident as the price experienced a significant decline throughout the day. It has now reached the $1.40 level, primarily due to continuous corrections. Despite occasional bullish periods in the past week, the bears have managed to retain their dominance. The moving average (MA) value remains above the current price but below the SMA 50 curve, currently…

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• Top crypto tweets of the day – August 9th

  Description Contents hide 1 Fantom’s DEX SpiritSwap is running low on funds and might close shop 2 Neuralink, Elon Musk’s brain implant startup, raises $280 million 3 Over the weekend, USDT again lost its dollar peg on centralized exchanges 4 Dogecoin ready for a breakout? 5 Total TVL declines 6 Threads vs. Twitter (X) 7 Cumulative … Read more Contents hide 1 Fantom’s DEX SpiritSwap is running low on funds and might close shop 2 Neuralink, Elon Musk’s brain implant startup, raises $280 million 3 Over the weekend, USDT again lost its dollar peg on centralized exchanges 4 Dogecoin ready for a breakout? 5 Total TVL declines 6 Threads vs. Twitter (X) 7 Cumulative Bitcoin transaction volume (change-adjusted) just went above $40 trillion 8 Crypto is now trading in a continuation bullish pattern 9 Many altcoins are showing signs of life 10 Paypal stablecoins PYUSD’s first transaction tested a value of $69.42069 11 BlackRock insiders say spot Bitcoin ETF approval is expected within six months 12 Ethereum just surpassed 100 Million non-zero addresses 13 X/Twitter fined $350,000 Fantom’s DEX SpiritSwap…

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• Aptos Labs partners with Coinbase Pay to streamline Web3 onboarding

  TL;DR Breakdown Aptos Labs has integrated Coinbase Pay into its crypto wallet, Petra, to simplify the process of converting fiat currency into crypto and vice versa. The partnership aims to enhance the web3 user experience by offering multiple payment options, including bank transfers, debit and credit cards, and Coinbase account balances. Description In a significant move to simplify the entry into the web3 ecosystem, Aptos Labs has integrated Coinbase Pay into its crypto wallet, Petra. This collaboration aims to provide a seamless experience for users to exchange value within the Aptos ecosystem, whether they are accessing Petra via a mobile device or a web browser. The integration … Read more In a significant move to simplify the entry into the web3 ecosystem, Aptos Labs has integrated Coinbase Pay into its crypto wallet, Petra. This collaboration aims to provide a seamless experience for users to exchange value within the Aptos ecosystem, whether they are accessing Petra via a mobile device or a web browser. The integration allows users to add APT, Aptos Labs’ native token, to their Petra wallets through various…

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• FTX files lawsuit to demand compensation from firms linked to its collapse

  TL;DR Breakdown FTX has filed a lawsuit against companies linked to its collapse demanding $700 million from the firms. The lawsuit uncovers personal relationships and collusion. Description Cryptocurrency exchange FTX has recently lodged a lawsuit in the United States Bankruptcy Court for the District of Delaware against several investment firms with which it had previous ties. The lawsuit, filed on June 22, encompasses 16 counts and aims to recover over $700 million from the defendants. FTX demands $700 million from the defendants … Read more Cryptocurrency exchange FTX has recently lodged a lawsuit in the United States Bankruptcy Court for the District of Delaware against several investment firms with which it had previous ties. The lawsuit, filed on June 22, encompasses 16 counts and aims to recover over $700 million from the defendants. FTX demands $700 million from the defendants Among the named defendants in the lawsuit filing are K5 Global, an incubator and investment company, Mount Olympus Capital, and SGN Albany Capital, along with affiliated entities and individuals such as Michael Kives and Bryan Baum, co-owners of K5 Global….

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