Burgermeister Leipzig

• Coinscribble/ThunderCore has partnered with Yield Guild Games Southeast Asia (YGG SEA) to launch a developer program that bridges the Southeast Asian talent into Web3.
• This partnership offers developers tools to effectively enter the SEA market and provides go-to-market access for ThunderCore and Blockchain game developers.
• YGG SEA has established a strong grassroots presence, connected with its community members, and deployed over 20,000 scholarships to date.

Coinscribble/ThunderCore Partnership With YGG SEA

Boosting Web3 Gaming Development in Southeast Asia

Coinscribble/ThunderCore has partnered with Yield Guild Games Southeast Asia (YGG SEA), the largest blockchain gaming guild in Southeast Asia, to launch a developer program that bridges the region’s talent into Web3. The partnership is intended to attract global Web3 talent into the region and tap into growing demand for blockchain-based games and virtual worlds.

Tools For Entering The SEA Market

ThunderCore is a blockchain platform providing scalable and fast infrastructure for decentralized applications (DApps). YGG SEA is an evolving gaming guild that has built up a strong grassroots presence, connecting deeply with their community members in the SEA market. For developers, this partnership offers tools they need to effectively enter the SEA market as well as go-to-market access for ThunderCore and Blockchain game developers into the region.

YGGSEA’s Community Presence

YGGSEA has grown its user base significantly in Southeast Asia—it has partnered with over 80 games, features 175K community members, and deployed more than 20,000 scholarships already. They provide language-specific support on their platform which helps games establish presence in SEA—and have had some of the biggest success stories in blockchain gaming happen through them already!

ThunderCore’s Ecosystem Retention Mechanism

Thanks to its battle tested fast & secure infrastructure, ThunderCore can support high performance Dapps required for blockchain gaming–their entertainment first approach helps acquire & retain new users–frequently clocking over 100K daily active users according to DappRadar! This proven ecosystem retention mechanism will help developers reach & engage users faster while creating high quality experiences!

Commitment To Growing The Metaverse

Southeast Asia is a key market for global economic growth & will be a key driver for Web3 community growth going forward–Axie Infinity being one of many home grown blockchain games leading this charge! With Thundercore’s commitment to building out its technology & YGGSEA’s commitment towards opening opportunities beyond ‚just playing‘ games within their metaverse–this partnership will be truly game changing!

• The U.S. SEC has continued to crack down on staking services offered by centralized providers.
• Coinbase has reiterated to customers that its staking services will continue, and may actually increase.
• Coinbase only acts as a service provider connecting users, validators, and the protocol, rather than offering a portion of its own staking rewards.

SEC’s Crackdown on Crypto Staking Services

The United States Securities and Exchange Commission (U.S. SEC) has continued to crack down on staking services offered by centralized providers. Popular trader, AltcoinPsycho, shared the detail on Twitter yesterday that Coinbase had updated its staking terms and conditions, effective 29 March in a new customer email.

Coinbase Reiterates Commitment To Staking Services

Coinbase reiterated to customers that its staking services will continue, and may actually increase despite SEC’s crackdown. The exchange explicitly stated that its users earn rewards from decentralized protocols and not from the exchange itself. Coinbase only acts as a service provider connecting users, validators, and the protocol rather than offering a portion of its own staking rewards.

Kraken Agrees To Pay $30 Million Settlement

The United States Securities and Exchange Commission (U.S SEC) recently intervened after Kraken allegedly failed to register its staking-as-a-service program with them; leading the company to agree to pay a $30 million settlement last month for their failure do so . Kraken will no longer be able to provide staking services in the United States as part of this agreement; leaving investors unable to receive any returns at all due to their tokens being held by Kraken’s program instead of them having control over it themselves.

Coinbase Claims Its Staking Service Is Different From Kraken’s

Coinbase CEO Brian Armstrong stated that his company would willingly defend their position in court if necessary in regards to the idea of continuation or potential increase in Coinbase’s staking rewards which could potentially irritate the SEC; claiming that his company’s services are fundamentally different from Kraken’s due solely to it being an intermediary between users/validators/protocol instead of providing tokens or actual profits itself like Kraken did previously with their service program..

Conclusion

Cryptocurrency exchanges should always be mindful when launching new services regarding digital assets such as tokens or cryptocurrency given how strict regulations have become lately – especially when it comes those provided by centralized providers such as seen with Kraken’s example above facing hefty fines for failing do follow proper protocol before launching such programs in order avoid similar outcomes again in future cases involving other exchanges providing such products/services

• PancakeSwap [CAKE] has been steadily improving its network performance in 2021.
• The announcement of the launch of PancakeSwap v3 in April 2023 was made, with a host of new features, such as NFTs and VIP programs.
• Whale interest in CAKE has increased, with it becoming one of the top 10 tokens by trading volume among the top 100 biggest BSC whales.

PancakeSwap Improving Network Performance

PancakeSwap [CAKE] has been setting up its game in terms of network performance over the last few months. Dune’s data revealed that the total number of transactions on PancakeSwap has been on an uptrend since the beginning of this year, after a disappointing Q4 2022. This increase represents increased adoption and usage of the network.

Launch Of PancakeSwap V3

PancakeSwap announced its v3 will launch in April 2023 with several new features, such as new NFT and VIP programs. The timeline for the launch seemed to be in check, as at the end of January, CAKE revealed that release will happen during the end of Q1 2023.

Whale Interest In CAKE Increasing

Whale interest in CAKE has increased recently as it became one of the top 10 tokens by trading volume among the top 100 biggest BSC whales according to Dune’s data. Moreover, Santiment’s chart also pointed out a similar happening as whale transaction counts spiked on 2 March. Not only whales, but PancakeSwap topped the listof DeFi projects by Twitter audience in last 30 days reflecting its immense popularity too.

NFT Space Not On Par

The NFT space performance however is not on par with other activities related to CAKE due to declining NFT marketplace volume and number users lately.

Conclusion

Overall, despite some hiccups along the way due to declining performances from NFT space, overall activities related to CAKE have shown bullish trend thanks to increasing whale interests and ever-increasing network performance which is expected to further improve once v3 launches very soon this April 2023 .

• Axie Infinity [AXS], the well-known play-to-earn gaming platform, has seen a drop in crucial growth indicators in the past week.
• The count of unique active wallets on Axie Infinity grew by a mere 0.43% while there was a drop in the number of transactions completed by these addresses.
• Despite significant growth across the broader cryptocurrency market since the start of the year, Axie Infinity has failed to follow suit with a decrease in new players joining its platform.

Decline of Axie Infinity

The well-known play-to-earn gaming platform, Axie Infinity [AXS] has experienced a drop in crucial growth indicators in the past week according to data from DappRadar. The count of unique active wallets on Axie Infinity only grew by 0.43%, and total transactions completed by these addresses fell 8%. During that period, transactions completed on Axie Infinity totaled 299,720. This is due to significant decline in user activity last year resulting in huge blow to its user base this year.

Decrease In New Players Joining

Despite significant growth across the broader cryptocurrency market since the start of the year, Axie Infinity has not followed suit with decreasing new player accounts created each month dropping 49% since December 2022. Daily transaction count has also seen steady fall since high point on 22 January 2021 and fiat value of these transactions plummeted 38%.

Uptick In Revenue

An assessment over 30 day window period revealed jump in revenue on gaming platform with profit recorded totaling $391,900 representing 69% jump compared to Decentral Games who saw 3900% jump during same time frame. However this increase is still notable considering persistent fall in active gamer count within last month.

Token Accumulation Trend Dropping

AXS’s price movements showed a drop token accumulation trend over last week leading to further price decline as liquidity exodus occurred alongside decrease new player accounts and transaction counts falling over time period as well as fiat value plummeting 38%.

Conclusion

Overall it appears that despite uptick revenue for last month being positive sign and better than Decentral Games‘ performance it seems unlikely thatAxie Infinity will be able to recover its large losses from 2022 anytime soon given current trends and metrics available at present time frames.

• Chainlink (LINK) has seen a 27.86% rally since mid-February, breaking past a key resistance level and confirming the bullish momentum.
• Signs of a potential retracement are emerging, indicating that an opportunity for short-sellers may be on the horizon.
• Exchange outflows slowed down and social volume surged to new monthly highs, signaling that a bearish retracement may occur if these levels are tested again.

Chainlink’s Impressive Rally in February

Chainlink (LINK) delivered an impressive performance in the first half of February, with bulls pushing the coin beyond its short-term resistance level and rallying by 27.86%. This broke above the $7.79 resistance level and confirmed the continued bullish momentum from January.

Indicators Pointing To Potential Retracement

Despite this positive performance, signs of a potential retracement have emerged which could present an opportunity for short-sellers. Glassnode data revealed slowing exchange outflows and higher exchange inflows which signaled increasing sell pressure. A surge in social volume to new monthly highs was also followed by an uptick in on-chain volume back to previous monthly highs – both of which previously led to bearish retracements when they were tested at similar levels before now. The realized cap metric was also approaching lower 4-week range levels previously associated with increased sell pressure when combined with mean coin age spikes.

Retest Of Volume Levels Could Lead To Bearish Retracements

It is thus likely that LINK will experience another selloff if these same volume levels are re-tested again; however, it is impossible to predict precisely how far prices will drop or recover until after market movements have actually occurred.

Whales May Play A Key Role In Upcoming Price Action

Whales could play a key role in determining upcoming price action as well; supply distribution data revealed that there was decreased whale activity coinciding with LINK’s rally in February so far, suggesting less buying power among large holders compared to earlier periods of higher prices during January 2021’s bull run.

ConclusionOverall, while LINK has proven itself more than capable of delivering impressive rallies over the last two weeks, it appears that there is potential for further bearish action ahead depending on how current metrics develop over time due to increasing sell pressure among whales and other factors such as volumes and realized cap movement..

Overview

• Hedera hashgraph (HBAR) has seen a steady increase in price since reaching its low at $0.0356 in December 2022.
• The rally of the past six weeks coincided with a run upward for Bitcoin, and the price recently broke above $0.05 on 14 January.
• There is an obvious and large gap that needs to be filled at $0.08, and bulls can wait for a pullback to this area of interest instead of succumbing to FOMO.

Recent Rally Coinciding With Bitcoin Run

Hedera hashgraph (HBAR) has faced a 93.8% drawdown from its peak at $0.576 in November 2021 to its lows at $0.0356 in December 2022. Since reaching this low, however, the price has found steady demand and rallied over the past six weeks coinciding with Bitcoin’s run upwards which fed capital and hope into the altcoin market. It remains unclear how much higher HBAR can go, with levels such as $0.1 and $0.12 being those to watch in the coming days; however, HBAR bulls can wait for a pullback instead of succumbing to FOMO (Fear Of Missing Out).

Inefficiencies To Fill After 3 Days Of Green

On the daily timeframe it can be seen that HBAR left some inefficiencies on its way up over the past two months, although smaller imbalances were not filled; an obvious large one did witness retracement recently – this FVG extended from $0.062-$0

• Aptos (APT) has surged more than 400% over the last month, thanks to its growing list of partnerships and product launches.
• Aptos is a layer-1, proof-of-stake blockchain with a parallel execution mechanism which helps in reducing latency and generating faster transaction speeds compared to Solana (SOL).
• The chain’s NFT collections and DeFi spaces have also seen growth recently, with its total volume locked increasing by 4% over the past seven days.

Aptos’s Rapid Growth

Aptos [APT] has made the crypto world sit up and take notice, as it soared by more than 400% over the last month. This growth is driven by its growing list of partnerships and product launches, such as wrapping up the first leg of its ambitious world hackathon tour in Seoul. Furthermore, it expanded its footprints in the web 3 gaming ecosystem as well with an upcoming launch of ‚Pixelcraft‘ on the Aptos network through an official title reveal video.

Aptos Challenges Solana

The next question on everyone’s mind would be whether all of this hype is enough to dethrone Solana [SOL] against which APT has been consistently positioned. Realistic or not, here’s APT’s market cap in BTC’s terms: Aptos has a clear advantage when it comes to speed – it can process 150,000 transactions per second compared to 65,000 from Solana. Additionally, there have been several network outages for SOL in 2022 that could work in favour of APT.

NFTs & DeFi Spaces Showing Promise

Aptos’s total volume locked (TVL), while considerably less than Solana’s TVL, still shows promise with better growth of late – increasing by almost 4% in the same time period that SOL only grew 0.44%. most of this is powered by Pancakeswap [CAKE], which had a dominance of almost 60%. Additionally, its NFT trade volume on the network reached its three-month high recently solidifying APT’s presence within this burgeoning sector.

Conclusion

All things considered ,there appears to be potential for Aptos [APT] now that it has established itself as a legitimate contender for dethroning Solana [SOL]. With faster transaction speeds advantages plus strong presence within both DeFi & NFT spaces – anything could happen!

Disclaimer

It goes without saying that investments into any cryptocurrency always carry risk – please do your own research before investing!

• Flag Media is launching a new blockchain that aims to revolutionize the way we use and interact with digital assets.
• This blockchain will be able to handle a large number of transactions per second and will feature a unique combination of proof-of-stake and proof-of-work.
• It will also include a native wallet application, an NFT marketplace, the FlagScan block explorer, and the Flag Naming Service.

Flag Media is set to launch a revolutionary new blockchain that will revolutionize the way we use and interact with digital assets. This new and powerful tool will offer a variety of features that will make it an essential tool for anyone looking to use digital assets in a safe and secure way.

The blockchain will feature a unique combination of proof-of-stake and proof-of-work, making it difficult for any individual or group to take control of the network. This will ensure the blockchain is secure and resistant to attacks. The blockchain will also be able to handle a large number of transactions per second, making it suitable for high-volume use cases such as gaming and e-commerce. This will allow for a more seamless user experience and will enable the blockchain to grow and evolve as more and more people start to use it.

The Flag blockchain will also feature smart contracts, which will allow for the creation of digital assets that can be programmed to automatically execute certain actions when certain conditions are met. This will allow for the creation of complex and dynamic digital assets that can be used in various ways.

In addition to the blockchain, Flag Media is also launching a number of other services to go along with it. These include a native wallet application that functions like MetaMask, with iOS and Android applications as well as browser extension functionality. There will also be an NFT marketplace, the FlagScan block explorer, and the new Flag Naming Service, which will function similarly to a DNS.

Finally, Flag Media is also introducing a new feature called Bridge, which will allow seamless transactions between multiple blockchains. This will solve one of the biggest pain points in current blockchain technology and will allow for easier and smoother cross-blockchain transactions.

Overall, the Flag blockchain is set to revolutionize the way we use and interact with digital assets. With its powerful features, scalability, and security, it is sure to become an essential tool for anyone looking to utilize digital assets in a safe and secure way.

• Dogecoin (DOGE) has seen positive market growth, outperforming the other cryptos on the top 10 list by market capitalization in the past 24 hours.
• The token’s Relative Strength Index was in an overbought position, which may lead to a price dip in the near future.
• WhaleStats revealed that DOGE was one of the most purchased tokens among the top 100 BSC whales in the last 24 hours, possibly due to Robinhood’s announcement of DOGE support for its new wallet.

Dogecoin (DOGE) is one of the top cryptocurrencies with a market capitalization of over $11.9 billion. The token has seen significant growth over the past 24 hours, outperforming every other crypto on the top 10 list by market capitalization. At press time, DOGE was trading at $0.09028 and it is believed that the surge in its price was due to the announcement from Robinhood that it would be adding support for DOGE in its new wallet.

In addition to the news from Robinhood, DOGE has also seen interest from whales. According to WhaleStats, DOGE was on the list of the top 10 most purchased tokens among the top 100 BSC whales in the last 24 hours. This further helped the token’s market performance, as the Fear and Greed index shifted to the greed side.

However, CryptoQuant’s data revealed that the token’s Relative Strength Index was in an overbought position, which may lead to a price dip in the near future. This could initiate selling pressure and lead to a decrease in the token’s price.

Despite the potential risks, DOGE’s MVRV Ratio has gone up over the past few days after a decline, which could help the token sustain its price. As such, if the trend continues in the near future, DOGE could continue to see positive growth.

• BNB Chain’s weekly active users were 2.6 million, with daily transactions hitting 2.51 million.
• Popular dApps saw a decline in activity, impacting BNB negatively and adding to the selling pressure.
• PancakeSwap, 1inch Network, and ApeSwap all witnessed a decrease in daily active users and a decline in volume, resulting in a decrease in the total value locked (TVL) for BNB.

Binance Chain’s performance over the past week has been strong, with its weekly active users hitting 2.6 million and its daily transactions reaching 2.51 million. This high activity has also been beneficial to other protocols on the Binance Chain. On the other hand, popular decentralized applications (dApps) on the Binance Chain have seen a decline in activity, which has had a negative impact on the native token of the Binance blockchain, BNB.

PancakeSwap, 1inch Network, and ApeSwap are all popular dApps on the Binance Chain that have seen a decrease in daily active users and a decline in volume. PancakeSwap saw a 21.21% decrease in daily active wallets, 1inch Network witnessed a 28.97% decrease, and ApeSwap saw a 15.32% decrease. Additionally, PancakeSwap’s volume has declined by 38.18% over the last month, with the current volume on PancakeSwap being $2.59 billion. This decrease in volume has also caused the number of transactions on the dApp to fall by 18.87%.

The decrease in activity on these dApps has also led to a decrease in the total value locked (TVL) for BNB. According to DeFiLama, the TVL for BNB has fallen from $5.02 billion to $4.76 billion over the last two months. This has put additional downward pressure on the BNB token and has been a contributing factor to its recent price movements.

In conclusion, the activity on the Binance Chain has been strong, with weekly active users being 2.6 million and daily transactions hitting 2.51 million. However, popular dApps on the Binance Chain have seen a decrease in activity, which has had a negative impact on the BNB token. PancakeSwap, 1inch Network, and ApeSwap have all seen a decrease in their daily active users and a decline in volume, resulting in a decrease in the total value locked (TVL) for BNB.