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πŸ¦ŽπŸš€ The Pudgy Penguins game is closer than you think! 🐧

Don't miss out on the juiciest news in the crypto space! Stay in the loop to ensure that you receive our latest newsletters, right in your inbox!

Do you think it's time for a new all-time high, Geckos?
   

As we get closer to breaking the $73K barrier, new developments arise across the cryptoverse!

 

In today's news:
 

  • Penguins in your pocket πŸ“±

  • Proof-of-space? 🌌

 

Read on!

24h Hot Searches Worldwide πŸ”₯

  • Ethervista                  (+22.7%)

  • Grass                          (+5.8%)

  • Goatseus Maximus   (-4.6%)

  • Scroll                           (-5.9%)

  • Sui                               (-5.6%)

  • Bitcoin                        (-4.0%)

  • Celestia                      (+1.7%)

How Do CPI Announcements Affect Bitcoin Price?

  

Exploring Bitcoin's role as a hedge against inflation. How does it react to Consumer Price Index (CPI) announcements? Read more to find out.

Penguins in your pocket πŸ“±

 

The popular Pudgy Penguins NFT collection is launching its own mobile game!

 

Developed in collaboration with Mythical Games, which also created NFT Rivals, the mobile party game Pudgy Party will be available globally on iOS and Android devices in 2025.

Moreover, the game will be built on the Mythos Chain, but no further details have been revealed regarding how the blockchain will be integrated into it.

 

Pudgy Party plays similarly to other knockout-style battle royale games like Fall Guys but will focus more on teamwork and working together to earn shared rewards.
 
The game features a Friends and Family Mode, in which users can choose to compete against each other or simply become spectators.

Gameplay elements include dodging obstacles across several unique courses, learning new in-game tricks and abilities, and crafting strategies to collect certain items.

 

As players progress through the game, they will also be able to customize their own Pudgy avatars.

 

Catch up on the most important developments of the crypto markets from July to September 2024!

Proof-of-space? 🌌

  

Crypto satellite project Spacecoin.xyz, has proposed the deployment of a new blockchain - in outer space.

 

In their recently published 'Blue Paper', the team detailed the possible creation of a physical node network using nanosatellites.

Co-founder Daniel Bar added that these extraterrestrial blockchain networks could be used as an application layer and marketplace for space voyagers.

 

As part of the initial testing phase, the firm has launched 3 satellites through their infrastructure partner, Aptos Orbital.

 

The largest gainer of Q3 2024  among the top 300 cryptocurrencies by market cap on CoinGecko was memecoin SPX6900, with over 565% price growth over the quarter. Find out what other cryptocurrencies made the list.

In Other News...

 

  • CZ Out and About. Binance founder and former CEO returned to the public eye after being released from a US prison. CZ is the first person to have pleaded guilty and subsequently jailed for violating the Bank Secrecy Act.

     

  • Zircuit Fairdrop for Eigenlayer Stakers. All eligible wallets will receive 749 Zircuit (ZRC) tokens regardless of their staking size. This is an unusual airdrop as most airdrops as of late tend to distribute their tokens linearly, favoring whales.
     

  • SEC Targets Ethereum Gaming Firm Immutable. The US SEC issued a Wells notice to Immutable last month, warning them that enforcement action could follow. It is still unclear what specific violations occurred for the SEC to issue a Wells notice.
      

  • Stablecoin Issuer Tether Now Holds $100B in US Treasuries. In its latest quarterly report, Tether further disclosed that its USDT, with a market capitalization of $120B, is backed by reserves exceeding $125B in assets.
     

  • Donald Trump Celebrates Bitcoin's 16th Birthday. Former President Trump extended his wishes to Bitcoin enthusiasts while also taking a swipe at fellow presidential candidate Kamala Harris.

Here are the top trending coins for this week!

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