Day: October 27, 2023

Render (RNDR) price rallies as community passes key proposal

Render (RNDR) price was up 5% in the past 24 hours and 52% in the past 30 days.
The AI related crypto project has seen positive sentiment amid greater adoption of its technology.
A community vote has also passed a proposal to onboard cloud computing platform Beam.

The price of Render rose sharply on Friday as the AI crypto token continued the outperformance seen this past week. RNDR traded more than 5% up to highs of $2.25 in the 24-hour period to the time of writing, with weekly and monthly gains at 13% and 52% respectively.

Recent upward momentum has benefited from AI hype driven by forecasts from mainstream companies, including Microsoft, Nvidia and Palantir.

RNDR price up as community votes for key proposal

Render’s upside appears to have defied likely sell-off pressure after on-chain data revealed FTX/Alameda had moved over 974k RNDR tokens. While the transfer of the tokens, valued around $2 million at the time, was probably for selling purposes, the market’s reaction kept bulls in control.

This positivity for the altcoin also came after a community vote passed the RNP-005: Beam Compute Client proposal.

As the Render Network X account shared early Friday, the core proposal submitted on October 23 had passed. RNP-005 saw 1.4 million RNDR, or 99.79% of votes, support the onboarding of cloud platform Beam, which could become the second Compute Client leveraging Render Network’s GPUs for machine learning (ML) workloads.

The community vote for RNP-005 is now closed. The proposal has been passed with 1.4M RNDR (99.79%) for approve and 2.9K RNDR (.21%) for Deny.

The proposal now moves onto “Render Network Team Review.” If it passes technical feasibility the Foundation will post the final RNP-005…

— The Render Network (@rendernetwork) October 26, 2023

Beam’s cloud platform allows for the accelerated development and deployment of AI operations with GPUs. This will be possible without managing infrastructure, the proposal notes. 

As such, integrating with this platform will enable Render’s decentralized GPU network to power the ML workloads. It’s a development that could see Render broaden its utility, with demand a factor for RNDR.

With the community vote closed, the proposal has moved to the next stage of “Render Network Team Review.” If RNP-005 passes technical feasibility at this stage, the Render Foundation will move to publish the final vote – expected on Wednesday, next week.

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Bitcoin price to hit $125k by end of 2024: Matrixport

Bitcoin (BTC) could rally to a high of $125k in late 2024 amid institutional adoption, Matrixport said in report.
The crypto services provider’s Bitcoin price prediction comes amid BTC’s surge to $35k.
Spot Bitcoin ETF approval could be one of the catalysts of the bull market.

Bitcoin’s jump to above $35,000 this week came amid the crypto market’s latest spot Bitcoin ETF anticipation. This has the flagship cryptocurrecy looking at potentially printing the first consecutive weekly green candle since late July/early August when it went on to hit lows of $24,900 in September.

BTC has notably retreated from the $35k level and is battling to strengthen above $33.5k as of Friday afternoon, October 27.

What could drive Bitcoin price to $125k?

While some analysts say the crypto could look to retest key support levels, crypto services platform Matrixport says in a new Bitcoin price prediction that the benchmark cryptocurrency could soar to $125,000 by the end of next year.

The platform said in its latest research report that with Bitcoin in its fifth bull market, soaring institutional interest and potential price catalysts such as spot ETF could prove key to price gains.

Bitcoin’s 5th BullMarket is underway, defined by institutional interest and a soaring price trajectory. This cycle began on June 22, 2023, with a new one-year high, historically leading to impressive returns. The target? $125,000 by December 2024,” the firm highlighted in a post on X.

The bullish perspective is down to Bitcoin’s growth as an asset class, with investors now looking at the cryptocurrency much more like they view traditional safe-haven assets like Gold and Treasury bonds. Institutional investors are buying Bitcoin as part of diversifying their portfolios.

BTC at current prices could therefore end up being a huge bargain given the expected influx of institutional money. For investors likely to think of a better entry point, Matrixport analysts say that price was $17k.

Our analysis indicates that the optimal entry point was in October 2022, when Bitcoin traded at just $17,000. The narrative is now centered around institutional adoption and asset diversification,” they added.

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Roobet Celebrates Nippon Baseball Championship with $1,000,000 Free-to-Play Contest

London, United Kingdom, October 27th, 2023, Chainwire

Fans Can Compete to Win a $1,000,000 Jackpot with’s free NPB Pick’em Contest

Roobet, the pioneering entertainment company and next-generation crypto brand, is thrilled to announce its official launch in the Japanese market.

This exciting expansion coincides with the highly anticipated season opening of the Nippon Professional Baseball League (NPB) on October 28. As the season kicks off, Roobet is ready to bring a fresh wave of innovation and excitement to Japanese sports and esports enthusiasts.

To celebrate, Roobet is hosting a $1,000,000 Pick’em contest on Roobet Picks, the company’s free-to-play platform. Baseball and esports fans can participate to test their sports knowledge, make predictions, and compete for life-changing prizes – at no cost, other than perhaps a bruised ego.

The Roobet brand has a proven commitment to fostering crypto and web3 innovations, curating a strong sense of community empowered by competitive connections, and leveraging cutting-edge technologies to make experiences seamless and fun., as a pillar brand, exemplifies this mission by providing a player-centric, free-to-play experience on an immersive and secure platform.

A Roobet spokesperson stated: “We couldn’t be more excited to bring Roobet to Japan! Japan has a rich gaming and esports culture, and we’re here to pioneer completely new ways for Japanese fans to engage with their favorite sports and esports. Our $1,000,000 Pick’em contest is just the beginning of what we have in store for our friends all across the world – get ready!”

The million-dollar Pick’em contest is set to become a highlight in the Japanese gaming calendar, but Roobet Picks has more to offer – with a wide array of predictor quizzes covering various competitive sports globally, including the Nippon Professional Baseball League (NPB), the US’ National Football League (NFL), Ultimate Fighting Championship (UFC), boxing, the English Premier League (EPL), and esports such as the Roobet Cup and a Daily Game, with more leagues and competitions to be added soon.

With catering to those trying out crypto or simply enjoying free-to-play games, and continuing its industry-leading innovation in the crypto gaming space, the Roobet brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming.


Roobet is creating a space for every type of gamer. What started as a haven for crypto enthusiasts has hit the mainstream: with over 300M views on TikTok, the drumbeat from Gen Z and Millennials is building – Roobet is a brand “for the internet, by the internet.” catering to those trying out crypto or simply enjoying free-to-play games, and continuing its industry-leading innovation in the crypto casino space, the Roobet brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming.

* is available in Japan and worldwide except the United Kingdom, Australia, North Korea, Ukraine, Romania, Serbia, India, Philippines, Malta, and Iran, and in all US states and territories except Kentucky, Florida, New York, Washington and Nevada.




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Litecoin sees a spike in on-chain activity- but what’s next for LTC?

Litecoin price was down 3% to trade around $67 on Friday morning.
Santiment wrote on X that the altcoin has seen a rapid increase in on-chain movement.
LTC is seeing a spike in address activity and whale transactions, with metrics at highest levels since June.

The total crypto market is down 1.5% in the past 24 hours to $1.3 trillion, with Bitcoin hovering just above $34,000. Meanwhile, most altcoins are struggling to hold onto recent gains. 

But as market observers and analysts put it, the overall outlook is bullish for crypto ahead of what could be a massive bull market in 2024. Could this be the same scenario for Litecoin price?

Litecoin price outlook- what’s next for LTC?

Litecoin’s 24-hour price was down 3%, with recent gains trimmed to about 7% over the past week as it traded around $67.80. The psychological $100 continues to prove a difficult hurdle for bulls, despite there being a burst of on-chain activity.

While address activity and whales both hit June 2023 levels, there has been the observation of dormant LTC suddenly spiking – “usually indicative of more coins beginning to circulate,” the market intelligence platform Santiment wrote in a post on X.   

⚡️ #Litecoin saw rapidly rising #onchain movement to end the work week, with address activity and whales both hitting levels last seen in June. Additionally, dormant $LTC suddenly had a big spike, usually indicative of more coins beginning to circulate.

— Santiment (@santimentfeed) October 27, 2023

The overall bullish picture for Bitcoin suggests investors could be positioning for a potential uptick in its price. Optimism over factors such as spot Bitcoin ETF approval could help LTC rebound past the main supply wall.

Yet, with dormant coins on the move again, sell-off pressure could be huge in the short term. In this case, a correction could see Litecoin price retreat further, bears likely targeting key support zones in the $60-50 region.

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Standard Chartered-backed Zodia Markets gets VASP registration in Ireland

Zodia Markets is a Standard Chartered-backed digital asset exchange and brokerage platform.
The company has announced its registration as a Virtual Asset Service Provider (VASP) by Ireland’s central bank.
Zodia is looking to position itself for European expansion amid the upcoming MiCA laws.

Zodia Markets, a digital asset exchange backed by Standard Chartered, is now registered as a Virtual Asset Service Provider (VASP) in Ireland.

An announcement by the company on Friday stated that the VASP approval was granted to Zodia Markets (Ireland) Limited by the Central Bank of Ireland (CBI). This follows similar registrations by the Abu Dhabi Global Markets (ADGM) and the UK’s Financial Conduct Authority (FCA) – in September 2023 and in July 2022 respectively.

Ireland is a burgeoning crypto market

Zodia Markets’ registration in Ireland means the company now has regulatory approval in the EU, with this allowing it to expand its services in Europe, including crypto exchange and OTC trading. 

The milestone also aligns the platform with the upcoming implementation of EU’s comprehensive crypto laws, the Markets in CryptoAssets Regulation (MiCA) that’s expected to go into effect in the second half of 2024.

VASP registration is an exciting development for Zodia Markets, and we’re delighted to be part of the burgeoning Irish digital assets ecosystem. The registration will act as a launchpad for the business to enter the EU, a market where we see significant opportunity and demand for our offering, and it paves the way for future MiCA authorisation when the regulations are implemented,” Michael Walsh, CEO of Zodia Markets Ireland, said.

Ireland continues to attract crypto companies amid the industry’s recognition of a supportive regulatory environment.

Coinbase, which has regulatory approval as an e-money institution and VASP in the country, recently announced that it had selected Ireland as its European hub. The US-based crypto giant first hinted at this move in 2020

Another major crypto company registered in the country is Kraken, which has CIB approval as an e-money provider.

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Virtual Asset Management Bill introduced in the Taiwan parliament

The Bill focuses on customer protection, regulatory obligations, and industry self-regulation.
Major crypto exchanges in Taiwan had previously formed the Taiwan Virtual Asset Platform and Transaction Business Association.
Taiwan’s Financial Supervisory Commission (FSC) also recently issued industry guidelines for VASPs.

In a recent move to enhance oversight and customer protection in the cryptocurrency industry, Taiwanese legislators introduced the Virtual Asset Management Bill to the unicameral parliament, the Legislative Yuan, on October 25, 2023.

The bill aims to establish clear guidelines for virtual asset service providers (VASPs) while fostering industry growth.

Key provisions of the bill

The 30-page bill outlines several important provisions:

Customer Protection: The bill emphasizes the need for better customer protection within the cryptocurrency industry. It requires virtual asset service providers to separate customer funds from their reserve funds, ensuring transparency and security.
Regulatory Obligations: VASPs are expected to establish internal control and audit systems to maintain compliance. Joining the local trade association is also encouraged to foster industry self-regulation.
Stablecoins and Advertising: Notably, the bill does not mandate stablecoin issuers to maintain a 1:1 reserve ratio, showing flexibility in this aspect of regulation. Additionally, the rules for advertising are to be determined by the competent authority, granting flexibility in marketing activities.
Licensing and Fines: VASPs operating without a license face fines ranging from 2 million to 20 million Taiwanese dollars. Existing market players have a six-month window to obtain the required license after the bill becomes law.

Prior attempts by industry participants to self-regulate

The introduction of the Virtual Asset Management Bill closely follows the creation of the Taiwan Virtual Asset Platform and Transaction Business Association, which represents a collaborative effort by major cryptocurrency exchanges in Taiwan.

MaiCoin, BitoGroup, Ace Exchange, BitstreetX, Hoya Bit, Bitgin, Rybit, Xrex, and Shangbito joined forces to support the cryptocurrency industry and engage with regulators. The association was created with the aim of guiding the industry, setting standards, and building consensus.

In September 2023, Taiwan’s Financial Supervisory Commission (FSC) issued industry guidelines for VASPs, restricting foreign VASPs from operating in Taiwan without obtaining necessary approvals from the regulator.

The FSC’s move underscored the government’s commitment to providing regulatory clarity.

Binance’s registration application in Taiwan

Binance, one of the world’s largest cryptocurrency exchanges, sought registration in Taiwan, signalling its willingness to comply with local regulations. Binance had previously operated in the country through a local entity, Binance International Limited Taiwan Branch (Seychelles).

🇹🇼 #Binance will apply for registration in Taiwan

The largest cryptocurrency exchange Binance intends to obtain registration in Taiwan in accordance with the Anti-Money Laundering Law.

According to the register of the Taiwan Ministry of Commerce, in May this year, the…

— Iren Barnes (@IrenCryptoQueen) August 11, 2023

These developments collectively reflect Taiwan’s evolving approach to cryptocurrency regulation, aiming to balance industry growth with necessary oversight and customer protection. The cryptocurrency industry’s landscape in Taiwan continues to evolve, seeing that Circle, BitoGroup, and Taiwan FamilyMart recently partnered to launch ‘Points-to-Crypto’ service in the country.

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Bitget Builders Program Continues to Empower Young Talents with the Commencement of the Second Phase

Victoria, Seychelles, October 27th, 2023, Chainwire

Bitget, a leading cryptocurrency exchange and web3 company, is pleased to announce the success and popularity of the Bitget Builders Program during its first phase and is excited to launch the second phase of the program. As part of the Blockchain4Youth charity project, the new phase of the Bitget Builders Program aims to recruit over 100 young talents worldwide and provide them with comprehensive education, training, and industry experiences in the fields of crypto, blockchain, and Web3.

In the first phase of the program, launched in August, the Bitget Builders Program received widespread enthusiasm from youth, resulting in an impressive total of over 350 applications. Building on this success, Bitget is delighted to open another round of recruiting for the program.

In the second phase, the Bitget Builders Program aims to recruit 100 young talents in Q4 2023, with a focus on countries including UK, Canada, Australia, Philippines, Kenya, Egypt, Morocco, Argentina, Mexico, Venezuela, Colombia, Peru, Bulgaria, Czech Republic, Romania, Kazakhstan, Sri Lanka, and Saudi Arabia.

The Bitget Builders Program has provided exceptional opportunities for the participants, equipping them with a wide range of education and training in various aspects of the cryptocurrency and blockchain industry. Participants have gained insights into trading strategies, market analysis, blockchain technology, and other relevant topics through webinars and online training courses conducted by industry experts. Bitget remains committed to offering diverse education and training topics online to provide deeper knowledge of Bitget, cryptocurrencies, and the blockchain industry.

The program has gone beyond theoretical education, allowing young talents to engage with real-world projects and gain valuable industry experience. Builders have actively contributed to Bitget’s growth by participating in activities related to online marketing, distributing Messi-related merchandise, community building, and being representatives of Bitget at blockchain offline events in their respective regions. These experiences have further enhanced their understanding and awareness of blockchain technology.

“We are thrilled to witness the enthusiasm and talent showcased by young individuals in the first phase of the Bitget Builders Program,” said Gracy Chen, Bitget Managing Director. “Their commitment to learning and contributing to the cryptocurrency community has been inspiring. We are excited to launch the second phase and provide even more young talents with the opportunity to flourish and become future leaders in the crypto industry.”

Looking ahead, the Bitget Builders Program seeks to expand its impact and nurture the next generation of crypto leaders in the youth community. Bitget is proud to introduce the Bitget Builders Global Tour, an innovative initiative that empowers dedicated builders to organize impactful offline events across diverse regions.

The tour aims to bring Bitget closer to local communities and crypto enthusiasts in 20 different countries, enlightening the local community about blockchain and attracting new users to explore the Bitget ecosystem. A substantial stipend of up to $1,000 per builder will be provided for hosting offline events in each region, creating a unique opportunity for experienced builders to leverage their influence and creativity.

For more information about the Bitget Builders Program and to participate in the second phase of recruitment, please visit:

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit:

Bitget Wallet

For media inquiries, please contact:



Global PR Manager
Rachel Cheung

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FLOKI launches real-world asset tokenization platform TokenFi, token surges 29.01%

FLOKI token price has surged by 29.01% surge in the last 24 hours.
The price gain is attributed to the launch of TokenFi, a real-world asset tokenization platform.
TokenFi empowers users to tokenize real-world assets without coding skills.

In a significant move that is reverberating through the cryptocurrency world, the FLOKI token has experienced a remarkable 29.01% surge in its price over the past 24 hours. This sudden boost in value is directly attributed to the launch of TokenFi, a novel platform dedicated to real-world asset (RWA) tokenization.

TokenFi, introduced by the Floki development team, marks a pivotal shift for the once-meme coin project, positioning it as a formidable contender in the decentralized finance (DeFi) ecosystem.

Revolutionizing RWA tokenization using TokenFi

TokenFi is designed to facilitate the tokenization of real-world assets without requiring users to possess coding skills.


Floki has launched a crypto and asset tokenization platform named @TokenFi to capitalize on the trillion-dollar tokenization industry.

The tokenization industry is projected…

— FLOKI (@RealFlokiInu) October 26, 2023

This groundbreaking platform empowers users to launch various cryptocurrencies and raises funds from the Floki community. Furthermore, it establishes connections with exchanges and market makers to ensure liquidity while offering the opportunity to create tokens representing real-world assets that are not classified as securities.

The cryptocurrency industry is now on the precipice of a vast opportunity. As developers envision, the tokenization industry is projected to reach a staggering $16 trillion by the year 2030. Indeed, even major institutional investors like BlackRock, managing assets worth $10 trillion, have shown unwavering belief in the potential of this industry, dubbing it “the next evolution in markets.”

Real-world asset tokenization a trillion-dollar opportunity

Real-world asset (RWA) tokenization refers to the digitization of physical assets such as real estate or vehicles, making them accessible within the realm of decentralized finance (DeFi) applications. Industry analysts have aptly labelled this as a “trillion-dollar opportunity” due to its potential to democratize global asset trading and investment, previously constrained by complex regulatory and financial laws.

TokenFi’s deployment will commence on five prominent blockchain networks, including Ethereum, BNB Chain, opBNB, Base, and Arbitrum. With plans for further expansion, this platform aims to attract users with incentives for protocol usage, creating a self-sustaining ecosystem.

FLOKI token staking

For FLOKI token holders, there’s an added incentive. Users can earn the reward token, TOKEN, by staking their FLOKI tokens for durations ranging from 3 months to 4 years. This mechanism is expected to reduce the circulating supply of FLOKI tokens and increase their intrinsic value, thereby further contributing to the ecosystem’s growth.

TokenFi’s ambitious mission to capitalize on the booming RWA tokenization market signifies the increasing prominence of blockchain technology in reshaping global finance.

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NuggetRush, Axie Infinity, and Decentraland revolutionizing play-to-earn

NuggetRush (NUGX) is a Play-to-Earn (P2E) game combining cryptocurrency and gold mining.
Axie Infinity’s (AXS) recent sharp decline, with over 97% loss from its all-time high, has caused all investors to be in the red.
SophiaVerse (SOPH) and Decentraland (MANA) partnered, with Sophia the Robot launching the Decentraland AI Lab within the metaverse.

NuggetRush (NUGX) has emerged as an innovative Play-to-Earn (P2E) blockchain game that intertwines cryptocurrency, gold mining, and support for real miners in impoverished regions. On the other hand, Axie Infinity (AXS) appears ready to rise after losing over 97% of its value. 

Yet, Decentraland (MANA) boasted development on its network, ranking top on the list of NFT projects by their development activity. Can NuggetRush keep growing to catch up with Axie Infinity and Decentraland? Let’s see here.

NuggetRush integrating crypto and gold mining

NuggetRush (NUGX) is a P2E game that integrates cryptocurrency, gold mining, and assisting real miners in their operations. When users play, they earn items that help them in the game. Furthermore, it is a new top ICO trying to make life better for miners in underdeveloped countries.

This new DeFi project has already enjoyed massive success due to demand from investors. Notably, NuggetRush’s (NUGX) token is designed to have deflationary characteristics, which partially increases its demand. The project’s innovative gameplay concept and long-term vision are receiving massive support, helping boost NUGX’s presale performance.

The quick growth of an active community for NuggetRush (NUGX) can be attributed to several factors. They include community-driven development, innovative technology, and a vision that lets decentralized finance (DeFi), NFT, and gaming enthusiasts derive value from NuggetRush’s (NUGX) ‘ecosystem of rewards.’

Furthermore, NuggetRush’s (NUGX) future appears promising, with an active roadmap guaranteeing its position as a top meme coin. Upcoming events comprise the introduction of NuggetRush’s marketplace and the implementation of a NUGX staking mechanism.

Currently, NuggetRush’s crypto ICO is in Stage 1 of its presale, with NUGX tokens valued at $0.010 each. Analysts insist now is the best time to buy since NuggetRush’s (NUGX) value will rise in November, ultimately reaching its listing price of $0.020, a 100% profit.

Axie Infinity (AXS) recovering as holders survive sharp drop

Axie Infinity’s AXS token seems to be on the verge of a significant recovery, given that most holders are currently at a loss after the cryptocurrency’s sharp decline in 2023. 

According to crypto trader Ali, 98.67% of Axie Infinity (AXS) holders bought the token at higher prices than its October 24 trading value, suggesting that selling pressure may have largely subsided.

Axie Infinity (AXS) price has experienced a dramatic fall, dropping from its peak of over $165.2 to a recent trading price of approximately $4.5, marking a staggering decline of over 97%. This steep fall erased profits for nearly all investors, except those who purchased Axie Infinity (AXS) at the lowest point.

Elsewhere, on October 20, 15.13 million Axie Infinity (AXS) new tokens worth $64.44 million were unlocked, according to official data published by Since this unlock amounted to 11.5% of Axie Infinity’s supply of 141.31 million AXS, analysts expected the token’s price to drop.

On the contrary, Axie Infinity (AXS) remained stable and has since surged. On October 24, Axie Infinity (AXS) was trading at $4.61. Analysts expect AXS to rise to $5.35 by the end of 2023, supported by increasing demand for the token.

MANA price rises on Decentraland’s network activities

On October 9, 2023, SophiaVerse (SOPH) confirmed its partnership with Decentraland (MANA). Sophia the Robot, an AI-powered digital android from the SophiaVerse (SOPH) platform, installed the Decentraland AI Lab, marking the inaugural deployment of a virtual home by an AI cryptocurrency project within an established metaverse.

Decentraland (MANA) is a trailblazer in this field, having been at the forefront of the metaverse experience since 2017. Every SophiaVerse (SOPH) AI Lab visitor within Decentraland’s (MANA) metaverse can participate in an extensive promotional campaign to mark the new partnership. 

Special in-game virtual items will be awarded to players who invest at least 1,000 SOPH in wearables, equivalent to $101.20.

Elsewhere, Decentraland [MANA] boasted development on its network as it ranked top on the list of NFT projects by their development activity. High network development activity is considered bullish, but Decentraland (MANA) reacted slowly. Nonetheless, Decentraland (MANA) is rising with the rest of the crypto market.

On October 24, MANA was trading at $0.3471. Analysts expect MANA to rise to $0.4515 by the end of 2023, supported by network developments.

For more about NuggetRush and how to participate in the ongoing NUGX presale visit NuggetRush Presale Website.

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