BlockDAG AMA Goes Viral – LTC Approaches $150, ARB Forms Partnership With Ubisoft
The post BlockDAG AMA Goes Viral – LTC Approaches $150, ARB Forms Partnership With Ubisoft appeared on BitcoinEthereumNews.com.
The latest surge in Litecoin’s price, the rapid expansion of Arbitrum’s Web3 gaming, and BlockDAG’s record-setting presale of over $170.5 million are capturing attention as the cryptocurrency market aims for a robust year-end. Litecoin’s price is moving toward the $150 mark, driven by significant purchasing by miners, while Arbitrum’s collaboration with Ubisoft brings its innovative decentralized gaming into the spotlight. Nevertheless, BlockDAG (BDAG) takes center stage with its $170.5 million presale, revolutionising the possibilities for next-generation blockchain technology. Following the success of a recent AMA featuring MIT Alum Maurice Herlihy, BlockDAG has hosted another session to reveal more significant updates, making it the top crypto project to watch. LTC’s Price Pushes Toward $150 with Miner-Driven Growth Since December 10, Litecoin has seen a 35% increase in its price, now peaking at $131 and on track for $150, driven by heavy accumulation by LTC miners who have recently bought $18 million worth of Litecoin. By retaining block rewards, miners have effectively reduced the new supply, increasing upward pressure during a period of heightened market interest. This accumulation coincides with increased trading volumes, demonstrating a rise in market confidence. If Litecoin can surpass the $127 resistance, it could reach $150. However, a drop below the $118 support level could disrupt the bullish trend. Ubisoft Enhances Arbitrum’s Ecosystem Arbitrum’s ecosystem benefits from significant investments and its pioneering partnership with Ubisoft to launch the new Web3 game, Captain Laserhawk: The G.A.M.E. This partnership underscores Arbitrum’s growing influence in the Web3 gaming sector. This collaboration is expected to boost network activity, potentially driving up ARB demand and reinforcing Arbitrum’s position as a key player in decentralized gaming infrastructure. The weekly influx of funds into the Arbitrum network has surpassed other leading Layer-1 networks, indicating a resurgence in market confidence. Furthermore, the Total Value Locked (TVL)…
Filed under: News - @ December 23, 2024 4:26 am