Blockchain
MiniFootball Token Re-Launch, Experiences Major Price Surge Within 12 Hours
New York, New York–(Newsfile Corp. – April 13, 2022) –
Figure 1: MiniFootball Token Re-Launch, Experiences Major Price Surge Within 12 Hours
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/8378/120373_
MiniFootball has been the subject of numerous allegations in the past. The community and team, on the other hand, banded together to work behind the scenes to bring the project back to life. MiniFootball is back and plans to become better. The price, after the shilling and pumping, went to a 700% price increase in less than 12 hours.
With the 2022 World Cup approaching, the community hopes to reward and provide various forms of entertainment such as soccer star promotions, game tickets, and so on. The $MFT symbol stands for MiniFootball Token, which is a utility token that drives the project’s ecosystem. It includes Fantasy Football, Mini Games, and Head Football, among other things.
Football Fantasy
A free fantasy football league is available on MiniFootball. Players can compete with other gamers, friends, and token holders in the league and will be awarded for winning the league championship.
How Do I Purchase MiniFootball Tokens
PancakeSwap offers MiniFootball Token for purchase: https://pancakeswap.finance/swap
Upcoming Events
Endless Runner
A 2D platformer game will be included in MiniFootball. Players will be able to select a pet character after the game is released. The entire plot revolves around the player avoiding obstacles and collecting as many tokens as possible.
Practice and P2E modes will be included in the platformer game. Players can use the practice mode to learn the ropes and improve their skills. This is where players can earn real money from their efforts in the P2E mode. To talk or interact with the pet character, a simple touch/click would suffice.
Head Football
This game will be a Play2Earn NFT version of the game that is known and heard of, featuring NFT characters and super powers that can be acquired and sold within the game. Once development is complete and deliverable, more information and previews will be made available.
MiniFootball Token Information
MiniFootball is a meme community coin that merges the worlds of Doge and Football to establish a powerful and stable community where members can explore the realm of decentralized finance and football. MiniFootball provides opportunities for football fans and other community members through a community award system.
MiniFootball will also make a major announcement in the coming days. Further news will be updated in the coming days.
CoinMarketCap: https://coinmarketcap.com/currencies/minifootball/
CoinGecko: https://www.coingecko.com/en/coins/minifootball
Social Media Handles:
Telegram Group: https://t.me/minifootballtoken
Twitter: https://twitter.com/MiniFootballBsc
Instagram: https://www.instagram.com/minifootballbsc/
Contact Info:
Organization: Minifootballtoken
Name: Sergio Busquets
Email: [email protected]
Website: https://minifootballtoken.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120373
Blockchain
Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI
Leading up to Friday’s Bitcoin (BTC) halving, investors opted to remain on the sidelines rather than increase their exposure to cryptocurrencies. CoinShares’ latest report on digital asset fund flows reveals that crypto funds experienced $206 million in outflows last week, while trading volumes for Exchange-Traded Products (ETPs) dropped to $18 billion.
James Butterfill, head of research at CoinShares, noted, “These volumes represent a lower percentage of total Bitcoin volumes (which continue to rise) at 28%, compared to 55% a month ago.” He attributed this decline in investor appetite to expectations that the Federal Reserve would maintain interest rates at elevated levels for a longer duration.
In terms of regional flows, the United States led the outflows with $244 million exiting incumbent ETFs by the week ending April 19. Butterfill highlighted that newly issued ETFs still received inflows, albeit at lower levels compared to previous weeks. Germany and Sweden saw outflows of $8.3 million and $6.7 million, respectively, while Canada experienced inflows of $29.9 million. Switzerland, Brazil, and Australia also witnessed inflows of $7.8 million, $5.5 million, and $2.2 million, respectively.
Butterfill observed that although Bitcoin saw outflows of $192 million, there were minimal flows into short-Bitcoin positions. Ethereum (ETH) experienced outflows of $34 million for the sixth consecutive week. However, multi-asset funds saw improved sentiment, attracting $8.6 million in inflows. Additionally, Litecoin (LTC) and Chainlink (LINK) received inflows of $3.2 million and $1.7 million, respectively.
The report highlighted that blockchain equities sustained their 11th consecutive week of outflows, totaling $9 million, as investors remained concerned about the halving’s impact on mining companies.
In a separate analysis of the post-halving crypto mining industry, CoinShares analysts suggested that many miners might transition to serving the artificial intelligence (AI) sector, which has become more lucrative. They anticipated a shift towards AI in energy-secure locations, potentially leading to Bitcoin mining operations relocating to stranded energy sites.
The analysts projected a 10% decline in the Bitcoin network’s hash rate after the halving as miners deactivate unprofitable ASICs. However, they expected the hash rate to reach 700 exahash (EH/s) by 2025. As of the current data, the Bitcoin hash rate stands at 596.22 EH/s.
The report also noted that substantial cost increases are anticipated due to the halving, with electricity and production costs nearly doubling. Mitigation strategies include optimizing energy costs, enhancing mining efficiency, and securing favorable hardware procurement terms. Miners are actively managing financial liabilities, with some utilizing excess cash to significantly reduce debt.
Source: kitco.com
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Blockchain
NYSE gauges interest in 24/7 stock trading like crypto
According to reports, the New York Stock Exchange (NYSE) is exploring the possibility of introducing round-the-clock trading, a model akin to that of cryptocurrency markets. In a bid to gauge market sentiment, NYSE’s data analytics team has circulated a survey among market participants. The survey seeks feedback on whether there is support for 24/7 or extended weekday trading hours and, if so, what measures should be implemented to safeguard traders against overnight price fluctuations. As of now, NYSE, alongside Nasdaq and the Chicago Board Options Exchange, operates from Monday to Friday, spanning from 9:30 am to 4:00 pm Eastern Time.
In the United States, assets like cryptocurrencies, United States Treasurys, foreign exchange, and major stock index futures are already tradable 24/7. Certain brokerages, such as Robinhood and Interactive Brokers, provide access to U.S. stocks throughout the week via a “dark pool” trading venue, catering to international retail investors during their local trading hours.
However, recent reports indicated that Robinhood suspended its 24-hour trading services amidst heightened tensions between Israel and Iran, prompting concerns among investors regarding the sustainability of continuous trading.
Effectively managing liquidity in a 24/7 trading environment has proven challenging for trading platforms within the cryptocurrency industry.
According to cryptocurrency research firm Kaiko, there’s often a mismatch between the operating hours of traditional financial institutions and the needs of major crypto traders and market makers. Traders frequently find themselves losing sleep during periods of extreme market volatility.
While the results of NYSE’s survey haven’t been revealed, Tom Hearden, a senior trader at Skylands Capital, conducted his own poll among his 19,300 followers, asking if they would support NYSE transitioning to 24/7 trading hours. Interestingly, over 70% of the 1,459 respondents voted “No.”
NYSE’s survey coincides with the efforts of startup firm 24X National Exchange, which is seeking approval from the Securities and Exchange Commission (SEC) to launch the first exchange in the country operating round-the-clock.
The FT said, citing two persons familiar with the subject, that the SEC has “months” to study the proposed rule change, and other relevant issues, such who should shoulder expenses and the function of clearing houses, are already being considered by other stakeholders.
“How loud they will be playing in the middle of the night is unknown to me. However, the decision of whether something is commercially feasible or not actually shouldn’t be made by the SEC, James Angel, a Georgetown University finance professor, told FT.
“I support letting the market make the decision. We’re all better off if it succeeds, and the exchange’s stockholders lose out if it fails.
After the company withdrew an application in March 2023, alleging operational and technological concerns, it is the second attempt to receive SEC clearance.
Source: cointelegraph.com
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