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Produced by Daniel Aharonoff & Mogul Media AI

Cryptocurrency Market Update: Bitcoin and Ethereum Trends

Cryptocurrency Market Update: A Slight Cool Down Today, the cryptocurrency market experienced a brief cooldown, with total market capitalization dipping by 1.14% to $2.76 trillion, according to data from Coingecko. This minor correction comes on the heels of significant fluctuations in the market over the past few days, as Bitcoin and Ethereum encounter resistance at crucial price levels. Bitcoin: A Test of Resistance Bitcoin, the world’s foremost cryptocurrency, has been striving to surpass the formidable \(70,000 barrier. Despite reaching a daily high of \) 71,754, it subsequently corrected to $69,793, reflecting a 1.2% decline. This resistance level has historically led to corrections that ripple through the broader crypto landscape. Current Market Performance : Daily High: $71,754 Current Price: $69,793 Recent Flash Crash Low: $60,760 Interestingly, Bitcoin's overall performance remains bullish, recovering from the recent flash crash on BitMEX. The daily candle...
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Produced by Daniel Aharonoff & Mogul Media AI

Ubisoft Joins WeMade in Blockchain Gaming Partnership: Wemix 3.0 Network Expansion

Ubisoft has recently made a significant move in the blockchain gaming industry by partnering with Korean game publisher WeMade as a member of its blockchain node council. This partnership involves Ubisoft running validator nodes for the newly launched Wemix 3.0 network. Operating on a proof of stake authority consensus algorithm, this network relies on nodes to validate transactions, marking a pivotal moment in Ubisoft's expanding presence within the blockchain gaming sector. This strategic collaboration underscores Ubisoft's ongoing commitment to embracing blockchain technology, as evidenced by its prior investments in NFTs and strategic partnerships with various other blockchain platforms.

Key Points:

  • Ubisoft has joined WeMade's blockchain node council as a partner, overseeing validator nodes for the Wemix 3.0 network.
  • The Wemix 3.0 network utilizes a proof of stake authority consensus algorithm that mandates node validation for transactions.
  • This partnership signifies Ubisoft's continuous growth and involvement in the blockchain gaming space.
  • Ubisoft's decision to align with WeMade underscores its strategic focus on blockchain technology, building on previous forays into NFTs and partnerships with other blockchain platforms.
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