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ETH Price Surges 30%, BTC Miner Game, Cristiano Ronaldo NFT

ETH Price Surges 30%, BTC Miner Game, Cristiano Ronaldo NFT

This week in web3 via NettyBytes

Alcides Aguasvivas
May 29, 2024

NettyWorth is a social marketplace where you can Chat, Manage and Borrow against your digital assets.

1. Ethereum Price Surges 30% Amid ETF Approval: Analysts Predict Long-Term Growth

Ethereum's price surged over 25% in two weeks, fueled by the approval of spot Ethereum ETFs by the Securities and Exchange Commission (SEC). Despite potential short-term selling pressure from the Grayscale Ethereum Trust's (ETHE) anticipated outflows, analysts predict long-term growth for ETH. The ETF approval alleviates regulatory uncertainties, bolstering market confidence. The price of ETH hit $3,968, a 30% increase over the past two weeks, although it still needs to rise over 20% to reach its 2021 all-time high. Analysts expect Ethereum ETFs to start trading by November, offering investors new opportunities to gain exposure to the second-largest cryptocurrency by market cap.

2. Bitcoin Miner Game Introduces Weekly 'Diggy' Event to Earn Real BTC

The mobile game Bitcoin Miner, which allows players to earn real Bitcoin while playing, has introduced a new limited-time event called "Diggy." This event, available once a week for 24 hours, focuses on digging into the earth to uncover resources rather than traditional cryptocurrency mining. Players use a limited number of moves to dig for upgrade points, pickaxes, and other in-game items. The goal is to provide a fresh experience alongside the game's usual idle mechanics. Diggy was created in response to a player poll requesting new ways to earn Bitcoin and new event types. By participating, players can earn Bitcoin and receive a 10-20% in-game coin earnings boost for the following week. This new mode is a strategic yet straightforward addition to the game.

3. "Cristiano Ronaldo Launches 'Forever Worldwide' NFT Collection with Binance"

Source: Pixelmon

Football legend Cristiano Ronaldo is launching a new NFT collection with Binance, titled "Forever Worldwide: The Road to Saudi Arabia." This collection commemorates Ronaldo's journey from his early days in Madeira to his successes with Manchester United, Real Madrid, and his current club, Al-Nassr FC in Saudi Arabia. Local artists from each significant location in Ronaldo's career have contributed to the NFT designs. The collection aims to provide fans with unique digital artworks and exclusive experiences, including opportunities to meet Ronaldo. The first phase of the collection, featuring artworks from Madeira, Lisbon, and Manchester, launched on May 29, while the second phase, with pieces from Madrid, Turin, and Saudi Arabia, will be released on June 6. Additionally, seven ultra-rare NFTs will be auctioned in June, offering rewards such as vintage jerseys, football tickets, and personalized videos from Ronaldo.