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MonkeyLeague and BAYZ partner for high-quality esport soccer games

MonkeyLeague is a play-to earn Web3 soccer game that was launched on the Solana Blockchain. It has now announced its partnership with BAYZ (a Brazilian Web 3.0 gaming DAO). MonkeyLeague donated a large number of NFT assets as part of the partnership. These will be distributed to the top gamers who can earn rewards for…

MonkeyLeague is a play-to earn Web3 soccer game that was launched on the Solana Blockchain. It has now announced its partnership with BAYZ (a Brazilian Web 3.0 gaming DAO).

MonkeyLeague donated a large number of NFT assets as part of the partnership. These will be distributed to the top gamers who can earn rewards for participating in matches.

To our Latin American brothers and sisters…Here. We. Come!

We are proud to announce a strategic partnership with @BAYZgg – a web3 gaming powerhouse in Brazil!

One big step towards MonkeyLeague being the most played LATAM game!

LFG!

Check it: https://t.co/9mgKSZwmxL$MBS pic.twitter.com/3gtl006IxN

— MonkeyLeague (@TheMonkeyLeague) July 26, 2022

Players may use at least four NFTs in order to build the best team, train players, play tournaments and rank in the league ranks.

BAYZ has always been driven to bring more people into the NFT game world. Since then, they have helped publishers, developers, and partners grow their businesses while ensuring that they get the best market services.

MonkeyLeague expansion into Latin America

According to MonkeyLeague the new strategic partnership will boost its expansion into Latin America as BAYZ already has a strong community and network of content creators.

BAYZ will also support MonkeyLeague in creating and hosting tournaments, as well as launching initiatives to expand the MonkeyLeague ecosystem.

MonkeyLeague has had a goal to expand its reach into South America, specifically Brazil. MonkeyLeague believes this love of football can be used to grow GameFi 3.0.

Oren Langberg,

MonkeyLeague’s head of marketing partnership and marketing, stated:

“We knew from the very beginning that Latin America as a whole would be a major focus for us in terms of markets, and Brazil is definitely a core of that plan. We have many partnerships in place to bring a high quality esports soccer game from Latin America to Web 3.0 gaming giants like BAYZ. This is only the beginning.”

In addition, BAYZ Co-founder, Joao Borges said:

“We are committed to bringing more and more relevant partnerships to our NFT gaming community. The partnership with MonkeyLeague solidifies this commitment and places BAYZ as one of the market leaders in Web 3.0 games.”

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Bitcoin

Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’

Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear that there was not a case [……
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Japanese Corporation Metaplanet Acquires More Bitcoin, Stock Price Soars

Metaplanet, a publicly traded corporation on the Tokyo Stock Exchange, has announced an investment of 23.351 bitcoins, with an average purchase price of 10,706,180 yen per BTC, totaling 250 million yen ($1.6 million). The company now holds 141.0727 bitcoins, with an average purchase price of 10,278,391 yen per BTC…
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Bitcoin

BTC slips amid poor debut for Hong Kong spot ETFs

Bitcoin fell to under $62,000 after spiking past $64,700 earlier as Hong Kong spot Bitcoin and Ethereum ETFs began trading. Data showed trading volumes hit just over $11 million, against expectations of over $3oo million. Bitcoin price fell below $62,000 again amid market reaction to less than encouraging numbers from the first day of trading…


  • Bitcoin fell to under $62,000 after spiking past $64,700 earlier as Hong Kong spot Bitcoin and Ethereum ETFs began trading.
  • Data showed trading volumes hit just over $11 million, against expectations of over $3oo million.

Bitcoin price fell below $62,000 again amid market reaction to less than encouraging numbers from the first day of trading for much hyped spot Bitcoin and Ethereum ETFs in Hong Kong.

BTC was down about 1.4% at the time of writing, having touched lows of $61,587 across major crypto exchanges.

The benchmark cryptocurrency, which has struggled to reclaim key levels since its recent halving event, was seeing a 24-hour trading volume of $28.4 billion.

Bitcoin price and Hong Kong spot ETFs debut

Earlier, Bitcoin price surged to above $64,000 as the six spot Bitcoin and spot Ethereum ETFs went live in Hong Kong.

The flagship cryptocurrency rose to over $64,727 on US-based crypto exchange Coinbase. BTC also soared after reports Hong Kong approved the listing of the ETFs.

NEW: 🇭🇰 Opening ceremony of Hong Kong spot #Bitcoin ETFs 👏 pic.twitter.com/ux1eb5PqRn

— Bitcoin Magazine (@BitcoinMagazine) April 30, 2024

However, as data streamed in showing disappointing trading volumes and inflows, Bitcoin price took a hit. According to details of the six ETFs’s debut day, total trading volume reached just $11 million, not impressive given projections were much higher at over $300 million.

Bitcoin ETFs saw about $8.5 million while Ethereum ETFs recorded just $2.5 million on the first day. Ethereum price fell to $3,040.

Notably, the figures from Hong Kong are way lower compared to those recorded amid the enthusiasm that greeted the launch of spot Bitcoin ETFs in the US in January. On their debut, the US spot BTC ETFs raked in over $4.6 billion in trading volume.

The start to trading for the ETFs has not helped BTC price and BTC could face a slide under the $60k level if sentiment flips negative. On the upside, resistance at $65k remains critical and a breakout could see the bellwether digital asset soar towards its recent peak.


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