Category: NFT News
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Bitcoin supply near total profitability as institutional demand drives value flows
Bitcoin approaches full profitability as institutional demand increases, driving value flows and highlighting market strength amid growing crypto adoption.
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YGG Launches New Publishing Arm, Debuts First Game ‘LOL Land’ – Decrypt
Yield Guild Games launches YGG Play, a publishing division for crypto-native casual games. Its debut title, LOL Land, features Pudgy Penguins characters and token rewards, targeting crypto enthusiasts over mainstream gamers.
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Ethereum’s ‘Ember Sword’ Is the Latest in a Growing Wave of Crypto Game Shutdowns – Decrypt
Ethereum-based game Ember Sword, which raised $203M in NFT land sales in 2021, has shut down due to funding issues, joining other failed crypto games like Nyan Heroes and Deadrop.
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Raoul Pal under fire for calling NFTs the ‘best long-term store of wealth’
Raoul Pal claims NFTs are the best long-term store of wealth, sparking debate. Supporters see potential, while critics cite market decline and speculation. The NFT sector remains divisive.
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FIFA Teams Up With Avalanche to Build Layer 1 Blockchain – “The Defiant”
FIFA partners with Avalanche to create a custom Layer 1 blockchain for NFTs and fan engagement, migrating from Algorand and Polygon, with plans for a FIFA coin.
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Carmaker DeLorean tokenizes EV reservations on Sui
DeLorean introduces an onchain reservation system and NFT marketplace on Sui for its Alpha 5 EV, offering priority access and resale options via Build Slot NFTs.
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Off The Grid Coming To Steam in June 2025
Web3 battle royale game Off The Grid launches on Steam in June 2025, featuring cross-play with Xbox and PlayStation. The Avalanche-based game’s NFT and token support on Steam remains uncertain.
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BTC perpetual funding rates spike as open interest and longs surge with price
BTC perpetual funding rates increase alongside rising open interest and long positions as Bitcoin’s price surges, highlighting heightened market activity.
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Exponential currency debasement: ‘You don’t own enough crypto, NFTs’
Raoul Pal advocates crypto and NFTs as hedges against fiat debasement, stating digital assets will never be cheaper and art NFTs are upstream of wealth.
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FIFA taps Avalanche to launch dedicated blockchain for NFT platform
FIFA partners with Avalanche to launch a dedicated blockchain for its NFT platform, FIFA Collect, enhancing digital fan engagement with scalable, EVM-compatible infrastructure.
