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Ethereum $5,000? Arthur Hayes Bets on Robinhood Effect

Ethereum to $5,000: Why Arthur Hayes Says Robinhood Just Changed the Game Co-produced by Daniel Aharonoff and DigitalDan As the chief editor of ethdan.me, I've seen my share of bold crypto predictions. Most of them fade by the next news cycle. But every once in a while, a call lands with enough weight behind it that you have to stop and pay attention. That's exactly what happened this weekend in Seoul. Arthur Hayes — the BitMEX co-founder and one of crypto's most closely watched macro minds — just put a number on Ethereum's future: $5,000 within roughly a year . And his reasoning has nothing to do with charts, memecoins, or hype cycles. It has everything to do with Robinhood. What's the big deal? Let me break it down, because this one actually matters. The Prediction Shaking Up Crypto Today Speaking on September 28 at EastPoint: Seoul 2026, Hayes — now chief investment officer at Maelstrom — argued that Ethereum could nearly double from its current price of ar...

Explore the Future of Gaming with Immutable zkEVM: A Game-Changing Ethereum Layer 2 Network

Immutable zkEVM, the new gaming-centric Ethereum layer 2 network powered by Polygon's zkEVM technology, has officially launched its mainnet in early access. This marks a pivotal moment for developers as they now have the opportunity to start building on this chain. Immutable, the company behind Immutable X network, has confirmed that Immutable zkEVM will initially remain in a limited early access configuration, allowing only approved developers to work on the network. The company aims to open up access to all builders by 2024, although this has not been officially confirmed. In the interim, studios can utilize the zkEVM testnet for experimentation and testing purposes.

Advancing the Gaming Ecosystem

Immutable Head of Product Marketing, Michael Powell, expressed excitement about the launch of Immutable zkEVM, emphasizing that it represents a significant milestone in their mission to create the best end-to-end experience for Web3 games. This new chain is strategically positioned to empower game studios to enhance their game economies, safeguard their communities, and provide seamless experiences for users. Powell highlighted that this development signifies a progressive step towards establishing a gaming ecosystem that benefits players, studios, and developers alike. Moreover, he emphasized the platform's offerings of gas-free functionality for players, turnkey product integrations, smart contract templates, and a secure gaming environment.

Upcoming Game Launches

Exciting game launches are on the horizon for Immutable zkEVM. Action role-playing game Guild of Guardians and card-based strategy game Shardbound, both published by Immutable, are slated to debut on the network in the first half of 2024. Additionally, MetalCore, a mech battling action game that garnered positive reviews during Decrypt's testing in 2023, is also set to go live on Immutable zkEVM within the same timeframe. Matt Candler, CEO of developer Studio369, teased upcoming community missions and playtest milestones for players leading up to the game launches.

By leveraging Immutable zkEVM for game development, developers can implement a myriad of features to enhance the gaming experience, foster community engagement, and streamline gameplay mechanics. This launch signifies a significant advancement in the realm of blockchain gaming and sets the stage for innovative developments within the gaming industry.

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