TL;DR The Season 12 Final of Axie Infinity Origins is officially underway, with 24,000 AXS and extra rewards up for grabs for the top 30,000 players. Player “Enrico” dominated the Mystic Era, positioning himself as the top contender for this season's grand finale.

The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.

Once the stars of the crypto market, metaverse tokens like MANA, SAND, and AXS have struggled lately.

The crypto market recovered over the past 24 hours as prices rose after experiencing significant declines over the past few sessions. Bitcoin (BTC) dipped to a low of $76,982 on Tuesday before rebounding to reclaim $80,000 and reach $83,737 before losing momentum and declining to its current level.

Cryptocurrency exchange Binance again captured noteworthy market attention with its latest update on 6 tokens this Tuesday. Notably, the exchange revealed that it is updating the leverage and margin tiers for RARE, AXS, ZEN, XTZ, SAGA, and CATI.

This is a segment from The Drop newsletter. To read full editions, subscribe.

The team behind Axie Infinity AXS has introduced Axie Infinity: Atia's Legacy , a massively multiplayer online (MMO) game.

The crypto market slid back into the red as it declined over 4%, slipping below the $3 trillion mark and moving to its current $2.87 trillion. Bitcoin (BTC) is down nearly 5% despite Donald Trump's announcement of a strategic reserve consisting of Bitcoin.

Axie Infinity has created history with its mind blowing hold over the world. The financial system was revolutionized when Axie Infinity started climbing the ladder.

The SEC has concluded its investigation into Yuga Labs, bringing an end to the probe into whether the company's Bored Ape Yacht Club (BAYC) NFTs and ApeCoin violated federal securities laws.

The SEC's decision may influence future regulatory approaches to NFTs and digital assets, impacting innovation and market dynamics. The post SEC drops Yuga Labs investigation into BAYC NFTs and ApeCoin appeared first on Crypto Briefing.

Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.

Illuvium CEO Keiran Warwick said it was a “somber moment” as the blockchain gaming firm made the decision to cut its workforce by 40%.

Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.

Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.

Ethereum-based gaming franchise Illuvium has announced a collaboration with Virtuals Protocol to integrate AI agents into its non-playable characters (NPCs).

Illuvium partners with Virtuals to integrate AI-driven NPCs, enhancing player experiences with dynamic interactions and emergent storytelling across its blockchain-based gaming ecosystem.

Blockchain gaming platform Illuvium entered into an agreement with Viruals Protocol on January 7 to enhance its gaming experience using AI agents.

Illuvium says the partnership with AI agent protocol Virtuals will allow its in-game NPCs to adapt quests, dialogue and challenges based on the player's actions.

Illuvium has announced a strategic partnership with Virtuals.io to integrate cutting-edge AI technology into its upcoming MMORPG, Illuvium MMO Lite.

Key Points of the News: Illuvium has formed a partnership with Virtuals Protocol to integrate artificial intelligence (AI) into its Web3 games. The collaboration will enable the creation of autonomous NPCs powered by the G.A.M.E Framework, improving interactivity and personalization of the gaming experience.

This collaboration places Illuvium at the cutting edge of gaming technology. This combines immersive gameplay with AI-driven innovation.

Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of.

Ape Terminal, the platform to have emerged as Web3's most liquid primary market - connected to over $1.7 billion worth of assets and 500,000+ active accounts, growing at over 4,000 active users per day, is all set to host its next big launch, EARN'M.

The next few days and weeks could be key for APE's price action.

In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.

Get ready for the Wise Monkey (MONKY) airdrop! If you hold FLOKI, TOKEN, or APE tokens, you could receive free MONKY tokens.

ApeCoin has broken out of its descending triangle pattern with an RSI of 65.94 and trades at $1.86, showing bullish technical signals despite mixed on-chain metrics and declining address activity.

On-chain data reflects mixed signals as traders cautiously navigate APE's evolving market dynamics.

Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surged amid the NFT's native token, which would be released in the short term.

XRP's price action over the next few days and weeks will be pretty key.

Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.

APE's breakout to $1.86 signals bullish momentum, with key resistance at $2.30 ahead.

Yuga Labs acquires Tokenproof's tech team, reshaping the NFT landscape and boosting ApeCoin (APE) performance. Will APE surpass its $2.16 ATH?

ApeCoin price rose for eight consecutive days, reaching a high of $2.166, its highest level since March 2024.

Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.

The MONKY airdrop has created a buzz among FLOKI and APE communities, presenting an opportunity to increase visibility for these tokens.

Binance has unveiled its support for the Wise Monkey (MONKY) airdrop, bringing rewards to FLOKI and ApeCoin (APE) holders. Eligible users will receive MONKY tokens directly in their wallets, calculated based on token holdings.

Binance has revealed plans to support the upcoming Wise Monkey airdrop, which looks to reward holders of ApeCoin and Floki.

Binance has announced its support for the highly anticipated Wise Monkey (MONKY) airdrop, which aims to reward FLOKI and ApeCoin (APE) holders with MONKY tokens. This airdrop reflects Binance's commitment to rewarding loyal communities while supporting new projects in the crypto space.

Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

Top cryptocurrencies to watch this week include XRP, APE and ALGO; Bitcoin, meanwhile, rebounds to $97,000.

Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.

Binance has rolled out trading bots for SHIB and APE, alongside zero-fee promos, creating a buzz in the altcoin market. Price surges in SHIB, APE, and EIGEN suggest a rally could be on the way.

Binance has expanded its trading offerings by adding new pairs and trading bots services for trending crypto. Binance Spot will launch pairs for crypto including Apecoin (APE), Hedera (HBAR), Book of Meme (BOME), and other key tokens.

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce.

The firm's founder has stressed that the layoffs are not financially motivated.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.