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Illuvium(ILV)

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$39.2631
(-0.89%)
0.00148135 BTC
Market Cap (Rank#178)
$141,126,284
5,325 BTC
Vol 24h
$578,189
21.8144 BTC
Circulating Supply
3,594,377.11
Max Supply
9,634,960
4 days agocointelegraph
Meta refutes claims of copyright infringement in AI training
In a lawsuit against Sarah Silverman and other authors Meta claims its AI system does not create copyright infringing material.
24 days agozycrypto
Bitcoin Price Falls To $26,000 With No Silver Lining In The Cloud For The Asset Class
After days of downward sliding, Bitcoin (BTC) fell to $26,000, fuelling speculation for tougher times ahead for the most prominent cryptocurrency.
25 days agocointelegraph
Will Evergrande’s collapse have a silver lining for crypto?
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.
25 days agocryptodaily
Tether Partners With Bahamas-Based Britannia Bank
In light of several U.S.-based banks severing their crypto ties, stablecoin issuer Tether has partnered up with Bahamas-based private bank Britannia for dollar transfer processing. Tether Turns To Bahamas For Banking Needs According to the latest reports, Tether has integrated the Britannia Bank & Trust Ltd. to process dollar transfers on its platforms. Although the stablecoin issuer has not directly addressed these reports and it is not clear when the banking relationship between the two started, people familiar with the matter have claimed that Tether had instructed clients to send money to Britannia’s bank account in the last few months. The firm has also integrated other banks like Deltec and Capital Union into its platform. Banking Exodus Among Crypto Firms There has been a recent spike in regulatory scrutiny in the United States. Regulators are coming down harder on crypto firms and on banks that associate with them. They clearly do not want a repeat of last year’s FTX massacre, which spread like a contagion, taking down financial institutions like Silvergate Capital, Signature Bank, and Silicon Valley Bank. Due to the increasing oversight into banks associated with crypto firms, many US-based crypto firms have had to turn offshore to look for banking partners. The integration of the Bahamas-based Britannia Bank indicates that Tether, too, has had to join the ranks of the firms driven out of the U.S for their banking needs. The integration will allow the firm to process its dollar transfers. Tether’s Growth In 2023 Since stablecoins are pegged on a 1:1 ratio to the US dollar, it is highly useful, especially to crypto traders who use them to move their digital assets from one exchange to the other. A significant chunk of these traders particularly use Tether’s USDT stablecoin due to its popularity and extensive market cap. The USDT has had a solid run, despite the market instability during the first quarter of 2023. It rallied over 20% during those four months and reached a market cap of $80 billion despite the market crisis. Currently, it has stabilized at a market cap of $82.9 billion, occupying 66.5% of the total crypto market. Concerns Over Asset Reserves However, the firm has remained vague about how it accesses and stores its billions of dollars of assets that are used to back the dollar, leading to some concern in the market. The company was almost in some legal trouble with a class-action lawsuit that was filed on charges that Tether had falsely advertised its USDT stablecoin. However, the lawsuit was dismissed, citing a lack of merit by the court judge. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocryptodaily
New Crypto Breakthrough in Amsterdam and Political Support for Bitcoin
New Crypto Breakthrough in Amsterdam and Political Support for Bitcoin It is not every day that interesting events or conferences are held in the crypto market, and therefore it is especially important to talk about them. To ensure that all interested parties receive the necessary information in a timely manner. That is why I would like to announce a groundbreakingevent this fall - the Bitcoin Amsterdam conference on October 12-14 in the capital of the Netherlands. Recognizing the importance and significance of the event, the media partner of the event will be the well-knownBitcoin Magazine, whose Ukrainian franchise I am developing. Our readers will receive prompt information about the conference, its participants, and the topics discussed. I have no doubt that it will be interesting and professional, as always with Bitcoin Magazine. We will see a lot of interesting speakers who, I am sure, will be able to attract both professionals and those who are just discovering the crypto market. The event is expected to feature speeches by Blockstream co-founder and CEO Adam Beck, Paxful CEO Ray Youssef, Bitrefill CEO Sergey Kotlyar, White Rock Management CEO Andy Long, and even Prince Filip Karageorgovich of Serbia. Of course, this is not a complete list, and there will be many authoritative and interesting personalities. I think that especially those present will be interested in the founder of the Bitcoin fraction and member of the Libertarian Party of the Netherlands Tom van Lamoyen, who has already confirmed his participation on his page in X (former Twitter). In the parliament of his country, he deals with issues of economy, finance, taxation and supports the development of the crypto market, and he is considered a serious crypto activist. “Bitcoin is digital libertarianism,” Lamoyen stresses. The Libertaire Partij (LP) is not a newcomer to politics (it has been in existence for 30 years) and advocates clear values that it articulates: to create "a free world, a world in which no one is forced to sacrifice his life or property for the benefit of others". In 2014, the LP became the first political party in the Netherlands to adopt and support Bitcoin. I am sure that Tom van Lamoyen will share with the participants of Bitcoin Amsterdam interesting experience and ideas for the future. There is a growing interest in cryptocurrencies in Europe, especially in the Netherlands. In 2023, CoinGecko analysts conducted an interesting survey and published a rating of the European states that are most interested in digital assets. The Netherlands, which accounted for 7.3% of such interest, ranked second after the United Kingdom. Analysts reported that most often the Dutch choose such coins - Fuse, Bone ShibaSwap and Cellframe. In this country, full legalization of crypto has not yet passed, but the Central Bank of the Netherlands (DNB) has already issued work permits to 36 crypto companies. Last month, for example, it was received by Crypto.com, and before that – Coinbase Europe, eToro, Bitstamp. In the Netherlands, crypto activists are very strong, and we see the results of their work. There are very interesting projects. For example, last year it became known about a giant greenhouse near Rotterdam, which is heated by the heat emitted in the process of mining Bitcoin - it does not go to waste, as in other farms. Mining servers are powered by solar panels on the roof. The result is a carbon-neutral operation that performs an important environmental function and allows you to reduce costs. The initiative is called Bitcoin Bloem, and I’m sure it will inspire many to other interesting projects. I think Tom van Lamoyen will be able to share his experiences and talk about other initiatives in his country and abroad. It is not only pleasant, but also very useful when politicians are interested in the crypto market and try to help its development. There are more and more examples of this around the world. In particular, Daniel Rish, Prime Minister and Finance Minister of Liechtenstein, has repeatedly stated the need for full legalization of Bitcoin in his country, and promised that cryptocurrency will be used to pay for public services. He also allowed investing in Bitcoin part of the foreign currency reserve of the state, which now amounts to 2.2 billion Swiss francs (2.5-year state budget of Liechtenstein). In Poland, for example, Yaroslav Gowin from the center-right Accord party, formerly known as Poland Together, is a fan of cryptocurrencies. It was part of the ruling coalition United Right from 2015 to 2021. For most of this period, Gowin was Deputy Prime Minister as well as a member of parliament, and emphasized the potential of cryptocurrency and other financial innovations. We should not forget about the American Cynthia Loummis– a US Senator from Wyoming, with whom I had the honour to discuss the prospects for the industry development and who has long supported the idea of cryptocurrencies. She bought her first Bitcoin back in 2013. Many times, shesupported laws expanding the use of cryptocurrency in the United States and two years ago, shelaunched the Senate Financial Innovation Group. Now, she is member of the Senate Banking Committee. A few days ago, from the report of the Office of Government Ethics it became known that her epic Republican colleague and ex-president of the United States Donald Trump keeps up to $500 thousand in Ethereum wallet. Earlier, the media reported that Democratic presidential candidate Robert F. Kennedy Jr. (nephew of the 35th American president) bought 14 bitcoins for his children — 2 each. He is a very progressive politician, whom many openly call a crypto activist after his impressive speech at the crypto conference in Miami in May 2023 at The Miami Beach Convention Center. Kennedy publicly called Bitcoin a hard currency and put it on a par with silver, gold, and platinum, noting that it is able to support the US dollar, and open a new stage of financial stability of the world and prosperity of the country. The support of politicians is very important, as it contributes to the development of the crypto market and its widespread legalization. I think Robert F. Kennedy will be right, and eventually this support will help save the classical financial market as well. Serhiy Tron is an investor and the founder of White Rock Management. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
26 days agocryptodaily
Best Play to Earn and Gambling Projects
The convergence of gaming, gambling, and blockchain technology has given rise to a fascinating phenomenon: Play-to-Earn and Gambling projects, which are changing the face of digital entertainment and financial innovation. This fusion not only promises a new way to interact with games but also presents participants with ground-breaking potential to gain tangible benefits from their participation. Multiple initiatives that welcome both skilled players and risk-takers have emerged as a result of the draw of earning while playing and the excitement of gambling. In this article, we set out on a trip to discover the terrain dynamics where entertainment and money meet by carefully evaluating various projects, their underlying technology, and the unique perks they bring. Top Play-to-Earn and Betting Projects Dexsport Dexsport is an ultra-modern Web 3 cryptocurrency betting platform. The platform runs on BNB, Polygon, OKC, Avalanche, Arbitrium, and ETH blockchains, offering a secure and transparent betting process. Dexsport is designed to provide you with a secure and transparent environment for your gambling adventures. Powered by blockchain technology, Dexsport ensures that your transactions are fast, reliable, and anonymous, giving you peace of mind while you explore our wide range of crypto betting. Whether you're a seasoned gambler or new to the world of crypto gambling or crypto betting, Dexsport caters to players of all levels and also offers the best odds for its users. Last Chance Last Chance is a new-level hardcore isometric P2E shooter that invites you to become one of the special agents within an organization dedicated to combating the world's dangers and protecting new technology. In addition to being an addictive game, Last Chance can be played and earned. The added element of uncertainty makes Last Chance even more exciting as you can choose your strategy and become the leader! Within the game, you'll encounter two distinct categories of NFTs: heroes and weapons. Various NFT weapons and your character's unique abilities will allow you to effectively fight multiple enemies and emerge victorious from the most thrilling firefights. Exchange your NFTs, collect, upgrade, and trade them with your friends. Bspin.io In the fast-paced world of online iGaming, Bspin.io stands out as a trusted Bitcoin casino. The platform offers a diverse selection of casino games, from slots to table classics, all meticulously designed to provide endless hours of high-quality entertainment. What truly sets Bspin.io apart is its unwavering commitment to enhancing the user experience. Through innovative features like tournaments, loyalty programs, and exclusive promotions, the platform keeps players engaged and rewarded. With a strong focus on secure and transparent Bitcoin transactions, Bspin.io has established itself as a leader in the iGaming industry. Available in multiple languages, it is the ultimate destination for those seeking an elevated online iGaming experience. Flush Flush, a distinctive brand associated with King of Clubz B.V., licensed in Curaçao, distinguishes itself through a series of Unique Selling Points (USPs). Customers benefit from the convenience of instant deposits and withdrawals, along with the ability to directly purchase cryptocurrencies using credit/debit cards or platforms like Apple Pay and Google Pay. Notably, the platform does not require Know Your Customer (KYC) verification. Offerings from 35 top-tier game providers enrich the gaming experience. Flush presents an enticing bonus structure: a 100% bonus is granted for deposits ranging from $10 to $200, subject to a 30x wagering requirement, while a 150% bonus is extended for deposits ranging from $200 to $1000, with a 35x wagering requirement. The company often highlights a maximum bonus potential of up to $1500. In response to the demands of cryptocurrency enthusiasts, Flush has taken significant strides. The integration of stablecoins allows users to engage in gameplay without being subjected to market fluctuations. Additionally, Flush has expanded its compatibility by incorporating the Polygon network and the Binance Smart Chain (BSC). BTC Battles BTC Battles introduces a revolutionary social game, BTC Battles, on the Polygon network, fusing DeFi, Bitcoin, and prediction dynamics. This decentralized gaming experience eliminates reliance on centralized platforms, offering transparency and autonomy to participants. The game's premise is simple: Players predict the short-term Bitcoin price direction, and accurate predictions earn $MATIC-based rewards, freeing users from centralized corporations' constraints. In a swift 60-second timeframe, players forecast whether Bitcoin's price will rise or fall. Successful predictions yield $MATIC rewards based on predefined odds. Leveraging the Polygon network ensures transactions are conducted in $MATIC, amplifying the decentralization aspect. This game caters to crypto enthusiasts and decentralization proponents seeking engagement with DeFi ecosystems independent of centralized entities, making it an engaging and empowering experience. Iskra Iskra (ISK-USD) is a gaming platform that aims to become a hub for Web3 games, similar to platforms like Steam or the Epic Games launcher, but for blockchain-based games. This innovative concept has the potential for significant growth, paralleling the success of tokens like Axie Infinity (AXS-USD) and Illuvium (ILV-USD), despite the latter two offering only a single game. The recent downturn in the cryptocurrency market also presents an investment opportunity for emerging projects. Anticipating the resurgence of cryptocurrencies, the popularity of play-to-earn games is expected to rise due to enhanced rewards. The ISK token's potential for substantial gains is tied to successful game development and marketing, positioning it as a highly promising cryptocurrency. An upcoming event, the Iskra X Base Exclusive Clashmon Free Mint Airdrop, is set to take place. Also, Iskra offers an exclusive Mystery Box Free Mint event, ending on 2/9/2023, marked by the launch of ClashMon: Ignition. Additionally, Iskra is focusing on promoting Clashmon by highlighting its betting system for battles, where players can wager their "torch" and secure victory over opponents. Additionally For those looking to engage in gaming experiences at premier Australian online casinos, their search ends with Online Casinos Australia. The dedicated team of avid gamblers at Online Casinos Australia has meticulously compiled the ultimate resource tailored for Aussie players. They have scoured the vast expanse of the internet to curate a collection of the finest and most reputable gaming platforms, ensuring that the pursuit of a captivating and secure environment is met with success. Every piece of expert guidance and review provided by the team at Online Casinos Australia is offered freely and devoid of any bias, guaranteeing that the choice of an online casino is well-informed and aligned with individual preferences. Enthusiasts can delve into the comprehensive list of top online casinos thoughtfully assembled below, allowing for effortless comparison of diverse options and discovery of the array of bonuses that await exploration. Trust in Online Casinos Australia as the steadfast companion in navigating the realm of online gaming, ushering players toward rewarding and enjoyable experiences. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
32 days agocryptodaily
Solana (SOL) and Polygon (MATIC) Downtrend Creates Opportunity for Everlodge (ELDG) Buyers
As Solana (SOL) and Polygon (MATIC) prices dip, Everlodge investors find a silver lining. Experts suggest investors should not avoid what this new platform has to offer. So, let's explore current opportunities available in the crypto market. Join the Everlodge presale and win a luxury holiday to the Maldives Solana (SOL) gains high liquidity while the token trades at $21.91 Recently, Solana (SOL) shared great news. It is now listed among the top liquid altcoins on Coinbase. According to Kaiko, Solana (SOL) has more than $3 million in liquidity. Such flexible liquidity makes the assets convertible. Hence, Solana (SOL) users can convert assets into cash without any market price impact. Furthermore, some data also suggests that Solana (SOL) is more liquid than XRP and DOGE. Despite this, Solana (SOL) couldn't save itself from the market downturn. Moreover, the SEC lawsuit also declined its value. The token dropped by 11.08% in the past week. Additionally, the total Solana (SOL) token volume has been over 35% down in the past 24 hours. Currently, it is trading at $21.9, a 0.98% rise in a day. Further, the price forecasts suggest the Solana (SOL) token may trade at $21.63 on average. Polygon (MATIC) may join Avorak's AI: the token trades at $0.5798 Polygon (MATIC) is among the platforms that support Blockchain and AI pairs. Moreover, it has all the qualities an AI project needs to enter blockchain. In fact, Polygon (MATIC) officials believe that it has ideal testing space for AI development. Hence, rumors on collaboration between Polygon (MATIC) and Avorak's AI platform are spreading. Furthermore, the crypto platform has a scalable network that can test AI solutions. Polygon's (MATIC) scalability may play a great role in AI growth across the network. The rapid and cheaper transactions of Polygon (MATIC) also make it easy to deploy AI solutions. Moreover, platforms like Coinbase ensure investors access Polygon (MATIC) easily. Hence, support from big exchanges can assure longer success for Avorak's AI solution. It may help Polygon (MATIC) gain the needed talent and resources for developing the AI platform. It may also help Polygon (MATIC) flip its price downturn. Currently, the Polygon (MATIC) token is trading at $0.5798, a 0.31% drop in a day. Experts suggest a price rise of $0.72 in later months, for Polygon (MATIC). Everlodge (ELDG) may rule the real estate industry The real estate industry is thriving with a market size of more than $7,063 trillion. But buying real estate needs a big financial commitment. This is where Everlodge comes into the picture. It is a unique blockchain-based property marketplace. Users can invest in vacation homes and hotels, and share ownership. The platform enables investment services through NFT minting and timeshare. But, investors don't need to pay for the entire property. The platform divides the property's NFT into smaller fractions. Thus, anyone can buy the cheaper equity of the NFT. Moreover, these NFTs have direct links to real properties. Thus, their worth is bound to rise in the future. The platform's native token, ELDG, also brings various advantages to its holders. These include the following: ● Discounts on trading costs ● Staking rewards ● Vacation giveaways Furthermore, the ELDG tokens’ presale is now underway, starting at an initial price of $0.01. Market forecasts suggest a 30 times increase in token price on the launch date. So, sign up early, as tokens are selling fast. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
32 days agocryptodaily
Solana (SOL) and Polygon (MATIC) Downtrend Creates Opportunity for Everlodge (ELDG) Buyers
As Solana (SOL) and Polygon (MATIC) prices dip, Everlodge investors find a silver lining. Experts suggest investors should not avoid what this new platform has to offer. So, let's explore current opportunities available in the crypto market. Join the Everlodge presale and win a luxury holiday to the Maldives Solana (SOL) gains high liquidity while the token trades at $21.91 Recently, Solana (SOL) shared great news. It is now listed among the top liquid altcoins on Coinbase. According to Kaiko, Solana (SOL) has more than $3 million in liquidity. Such flexible liquidity makes the assets convertible. Hence, Solana (SOL) users can convert assets into cash without any market price impact. Furthermore, some data also suggests that Solana (SOL) is more liquid than XRP and DOGE. Despite this, Solana (SOL) couldn't save itself from the market downturn. Moreover, the SEC lawsuit also declined its value. The token dropped by 11.08% in the past week. Additionally, the total Solana (SOL) token volume has been over 35% down in the past 24 hours. Currently, it is trading at $21.9, a 0.98% rise in a day. Further, the price forecasts suggest the Solana (SOL) token may trade at $21.63 on average. Polygon (MATIC) may join Avorak's AI: the token trades at $0.5798 Polygon (MATIC) is among the platforms that support Blockchain and AI pairs. Moreover, it has all the qualities an AI project needs to enter blockchain. In fact, Polygon (MATIC) officials believe that it has ideal testing space for AI development. Hence, rumors on collaboration between Polygon (MATIC) and Avorak's AI platform are spreading. Furthermore, the crypto platform has a scalable network that can test AI solutions. Polygon's (MATIC) scalability may play a great role in AI growth across the network. The rapid and cheaper transactions of Polygon (MATIC) also make it easy to deploy AI solutions. Moreover, platforms like Coinbase ensure investors access Polygon (MATIC) easily. Hence, support from big exchanges can assure longer success for Avorak's AI solution. It may help Polygon (MATIC) gain the needed talent and resources for developing the AI platform. It may also help Polygon (MATIC) flip its price downturn. Currently, the Polygon (MATIC) token is trading at $0.5798, a 0.31% drop in a day. Experts suggest a price rise of $0.72 in later months, for Polygon (MATIC). Everlodge (ELDG) may rule the real estate industry The real estate industry is thriving with a market size of more than $7,063 trillion. But buying real estate needs a big financial commitment. This is where Everlodge comes into the picture. It is a unique blockchain-based property marketplace. Users can invest in vacation homes and hotels, and share ownership. The platform enables investment services through NFT minting and timeshare. But, investors don't need to pay for the entire property. The platform divides the property's NFT into smaller fractions. Thus, anyone can buy the cheaper equity of the NFT. Moreover, these NFTs have direct links to real properties. Thus, their worth is bound to rise in the future. The platform's native token, ELDG, also brings various advantages to its holders. These include the following: ● Discounts on trading costs ● Staking rewards ● Vacation giveaways Furthermore, the ELDG tokens’ presale is now underway, starting at an initial price of $0.01. Market forecasts suggest a 30 times increase in token price on the launch date. So, sign up early, as tokens are selling fast. Find out more about the Everlodge (ELDG) Presale Website: https://www.everlodge.io/ Telegram: https://t.me/everlodge Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
37 days agocryptodaily
Will Bitcoin fall further?
After a heavy crash on Thursday bitcoin bulls are still struggling to stop the king of the cryptocurrencies from falling further. Is this it, or is there more to go? A precipitous drop A palpable nervousness had beset the crypto market over the previous week. All eyes were on bitcoin as it continued to traverse down in its bull flag. Given the pattern, many were expecting the apex crypto to finally break out to the upside and confirm the bull market. However, bears had other ideas. Things really started getting serious on Thursday evening as bitcoin suddenly painted an hourly red candle to the downside, of a whopping 9.6%. This reached the $25,000 price level where bulls were waiting in numbers to buy the asset back up. A wick back to $26,250 resulted - all in the space of the same hourly candle. A healthy correction Around 12 hours later and bitcoin is moving sideways, with the market waiting for the next direction to become apparent. Bitcoin is currently at a reasonable area of support at $26,500, which is just above the 0.786 Fibonacci level. The next very strong support below is at $24,250. The upwards trendline has been broken and so has the 200-day moving average, both incredibly important supports if bitcoin is to maintain its bull momentum. However, the weekly candle does not close for another couple of days or so, giving bulls a chance to at least potentially regain the 200-day MA at $27,250. Looking at the chart, it does look like bitcoin just came to the bottom of a range it entered back in March of this year, with the bottom of the range at $25,000 and the top at $31,000. So far, this looks like a healthy correction, given the incredible thrust upwards since the beginning of this year. Even if bitcoin were to go lower, $25,000 is a huge platform to sustain the price. Bull market still intact Some investors may have been cursing their luck at missing the giant step up out of the bear market. This correction, or even if bitcoin were to go back down to $25,000, would be great areas to start building a position. If investors are still nervous, they only need to look at the other available asset options, all of which are tied into the monetary system. Even gold and silver are manipulated by the paper futures market. Bitcoin may have corrected, but there is certainly no reason for panic. Phase 1 of the bull market is still very much intact, and phase 2 can potentially begin next year when bitcoin gets above the $31,000 level. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
37 days agocryptodaily
Will Bitcoin fall further?
After a heavy crash on Thursday bitcoin bulls are still struggling to stop the king of the cryptocurrencies from falling further. Is this it, or is there more to go? A precipitous drop A palpable nervousness had beset the crypto market over the previous week. All eyes were on bitcoin as it continued to traverse down in its bull flag. Given the pattern, many were expecting the apex crypto to finally break out to the upside and confirm the bull market. However, bears had other ideas. Things really started getting serious on Thursday evening as bitcoin suddenly painted an hourly red candle to the downside, of a whopping 9.6%. This reached the $25,000 price level where bulls were waiting in numbers to buy the asset back up. A wick back to $26,250 resulted - all in the space of the same hourly candle. A healthy correction Around 12 hours later and bitcoin is moving sideways, with the market waiting for the next direction to become apparent. Bitcoin is currently at a reasonable area of support at $26,500, which is just above the 0.786 Fibonacci level. The next very strong support below is at $24,250. The upwards trendline has been broken and so has the 200-day moving average, both incredibly important supports if bitcoin is to maintain its bull momentum. However, the weekly candle does not close for another couple of days or so, giving bulls a chance to at least potentially regain the 200-day MA at $27,250. Looking at the chart, it does look like bitcoin just came to the bottom of a range it entered back in March of this year, with the bottom of the range at $25,000 and the top at $31,000. So far, this looks like a healthy correction, given the incredible thrust upwards since the beginning of this year. Even if bitcoin were to go lower, $25,000 is a huge platform to sustain the price. Bull market still intact Some investors may have been cursing their luck at missing the giant step up out of the bear market. This correction, or even if bitcoin were to go back down to $25,000, would be great areas to start building a position. If investors are still nervous, they only need to look at the other available asset options, all of which are tied into the monetary system. Even gold and silver are manipulated by the paper futures market. Bitcoin may have corrected, but there is certainly no reason for panic. Phase 1 of the bull market is still very much intact, and phase 2 can potentially begin next year when bitcoin gets above the $31,000 level. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
37 days agocryptopotato
Silver Lining: XRP Options Now Available on Major Exchange Following Soaring Interest
Despite the massive crash, XRP traders can now trade options on a major exchange.
39 days agocryptopotato
3 Silvergate C-Suite Executives, Including CEO, Step Down
The CEO, CLO, and CFO of Silvergate Bank will all have stepped down by the 30th of September.
39 days agocointelegraph
Silvergate CEO to depart amid ongoing liquidation and investor suits
Silvergate is losing its CEO Alan Lane and two other top executives as part of an ongoing wind-down of the once crypto-friendly bank.
39 days agocointelegraph
Illuvium's collapsing token represents the problems with GameFi
GameFi developers have been focused on raking in money — and they've forgotten that they need to make games fun in order to win over players.
47 days agocointelegraph
Binance sold USDC for BTC & ETH after Silvergate bank collapse: PoR report
Binance’s depleting USDC reserves has become a hot topic in the crypto ecosystem, especially after Coinbase CEO’s quip during the company’s Q2 earning call.
54 days agocoindesk
Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supplies of ‘Digital Silver’
The once-ever-four-years "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price.
54 days agocoindesk
First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red
Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver.
55 days agocoindesk
As Litecoin Halving Approaches, Founder Touts Silver Collector Cards Loaded With 'Digital Silver'
Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday.
56 days agocointelegraph
Alibaba, silver, gold, Bitcoin, Ethereum: Mike Novogratz's ideal portfolio
During a recent interview with Bloomberg Wealth, Novogratz touched on topics ranging from investing to Ripple's case and Larry Fink.
61 day agocointelegraph
Ethereum death cross threatens more downside as ETH price trades at a key support level
ETH’s technical and on-chain indicators point toward further downside, but there is a silver lining.
72 days agocoindesk
Auction House of Gucci: Christie’s Teams Up With Luxury Brand on NFT Collection
The “Future Frequencies: Explorations in Generative Art and Fashion” collection derives inspiration from Gucci designs and features works from artists including Claire Silver and Emily Xie.
73 days agonulltx
Bitcoin Market Response To US CPI Report
The recent inflation report in the US indicates that inflation rose only by 0.2% in June, which can be seen as positive news for owners of equities, gold, and silver. Surprisingly, the impact of this Consumer Price Index (CPI) report on the cryptocurrency market, particularly Bitcoin, has been minimal so far. However, there has been […]
75 days agocryptopotato
Bitcoin Will Explode to $120K in 2024, the US Dollar Will Die: Rober Kiyosaki
Kiyosaki remains determined that BTC, gold, and silver will thrive in the following years.
76 days agocointelegraph
Sarah Silverman sues Meta and OpenAI for copyright violations
Author Sarah Silverman and two others opened a lawsuit against OpenAI and Meta for using copyrighted work without permission to train their AI systems.

About Illuvium?

The live price of Illuvium (ILV) today is 39.2631 USD, and with the current circulating supply of Illuvium at 3,594,377.11 ILV, its market capitalization stands at 141,126,284 USD. In the last 24 hours ILV price has moved -0.0229 USD or -0.00% while 519,667 USD worth of ILV has been traded on various exchanges. The current valuation of ILV puts it at #178 in cryptocurrency rankings based on market capitalization.

Learn more about the Illuvium blockchain network and how it works or follow the price of its native cryptocurrency ILV and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Illuvium (ILV) is an open-world fantasy battle game built on the Ethereum blockchain. It combines the exciting elements of role-playing games (RPGs) with the strategic planning of auto battlers. As a decentralized game, Illuvium offers players full ownership of their in-game assets, which they can trade or sell on the open market. The native token of the game, ILV, is used for governance and yield farming.

Technology & Mechanism

Consensus Mechanism

Illuvium operates on the Ethereum blockchain, which uses a Proof-of-Stake (PoS) consensus mechanism. This mechanism allows for faster, more secure transactions and is more energy-efficient compared to the traditional Proof-of-Work (PoW) mechanism.

Blockchain Technology

Illuvium is built on Ethereum, the world's leading programmable blockchain. It leverages Ethereum's smart contract technology to enable transparent and verifiable ownership of in-game assets.

Key Features

Scalability

Illuvium is built on Immutable X, a layer-2 scaling solution for Ethereum. This allows for gas-free transactions and can handle over 9,000 transactions per second, providing a smooth gaming experience.

Security

As a blockchain-based game, Illuvium offers robust security. The use of smart contracts ensures that all transactions are transparent and immutable.

Privacy

While transactions on the blockchain are transparent, the identity of the players remains private. This ensures a secure gaming environment where players can trade assets without revealing their personal information.

Decentralization

Illuvium is a fully decentralized game. This means that players have full control over their in-game assets and can freely trade them on the open market.

Development Team & Governance

The Illuvium team is led by Kieran and Aaron Warwick, the brothers of Kain Warwick, the founder of Synthetix. The game operates under a decentralized autonomous organization (DAO) model, where ILV token holders can vote on various proposals.

Use Cases & Potential Impact

Illuvium is not just a game, but a platform where players can earn real-world value. Players can earn ILV tokens by playing the game and participating in the governance of the platform. This could potentially disrupt the traditional gaming industry by providing players with a new way to earn income.

Purchase & Storage

How to Buy

ILV tokens can be purchased on various cryptocurrency exchanges such as Binance, Sushiswap, and Uniswap. Users can also earn ILV tokens by playing the game and participating in yield farming.

Wallets & Storage

ILV tokens can be stored in any wallet that supports ERC-20 tokens, such as MetaMask, Trust Wallet, and Ledger.

Partnerships & Collaborations

Illuvium has partnered with various organizations in the blockchain space, including Immutable X, Sushiswap, and YGGDRASH.

Roadmap

The Illuvium team has a detailed roadmap that includes the launch of the main game, the introduction of new characters, and the expansion of the game world.

Risks & Challenges

Like any blockchain project, Illuvium faces potential risks and challenges. These include the volatility of the cryptocurrency market, potential technical issues, and regulatory uncertainties.

Community & Regulatory Compliance

Community

Illuvium has a vibrant community of players and supporters. The community is active on various social media platforms, including Discord, Twitter, and Reddit.

Regulatory Compliance

As a blockchain-based game, Illuvium complies with all relevant regulations. The team is committed to providing a safe and fair gaming environment for all players.

In conclusion, Illuvium is a groundbreaking project that combines the thrill of gaming with the potential of blockchain technology. With its unique features and strong community, Illuvium is poised to make a significant impact in the blockchain gaming industry.

Illuvium Price39.2631 USD
Market Rank#178
Market Cap141,126,284 USD
24h Volume578,189 USD
Circulating Supply3,594,377.11 ILV
Max Supply9,634,960 ILV
Yesterday's Market Cap142,488,906.67 USD
Yesterday's Open / Close39.7234 USD / 39.7005 USD
Yesterday's High / Low39.9275 USD / 39.5283 USD
Yesterday's Change
0.00% ( 0.0229 USD )
Yesterday's Volume519,666.90 USD
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