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Hackers stole over $600 million from Axie earlier this year.

Axie Infinity (AXS) has broken down from its corrective pattern, but it is attempting to create its first higher low on the heels of the first AxieCon conference. The post Will Axie Infinity (AXS) Price Be Boosted by AxieCon?

Strong bullish activities in  today's AXS/USD market have brought the price up from the downside to hit the 21-day moving average.

Axie Infinity (AXS) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $20 mark. Bitcoin's (BTC) price continues to fluctuate, despite occasional surges.

The Axie infinity (AXS) price action displays a bull cycle gaining momentum within the consolidation range that shows potential to reach the $20 mark. However, the volatile market conditions question the bullish trend continuation and project the possibility of an early bearish reversal.

The Metaverse is a hybrid virtual reality. A virtual world, where people can live, work, shop, and do other things from the comfort of their home in the physical world.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin [BTC] wobbled between $20k and $19.9k in the twelve hours preceding press time.

Axie Infinity price analysis reveals that the cryptocurrency is currently trading at $14.41 after a slight increase of 3.29 percent over the last 24 hours. The market capitalization of the digital asset stands at $1.26 million, and the 24-hour trading volume is recorded at $118 million.

Before there was so much buzz about NFTs, Axie Infinity [AXS] was the market king. As a result, AXS generated billions of dollars in sales volume.

Axie Infinity is among the first games to incorporate collectible and tradable NFTs. However, the game has recently failed to maintain the interest of current players and attract new ones.

Be[In]Crypto looks at seven altcoins that show promise for Sept and the developments surrounding their respective projects. The post Be[in]Crypto Presents Its Top Seven Altcoin Picks for Sept appeared first on BeInCrypto.

The mystery of the Axie Infinity SLP whale wallet is solved, after a couple of stressful days of speculating on the identity of the owner. Michael Benko was most pleased to get an official answer from the wallet's owner.

Axie Infinity NFTs continue to see a decline in the number of unique buyers as well as average sale value which impacted its August sales volume negatively. The post Axie Infinity NFT Sales Dip Below $10 Million for Four Consecutive Months appeared first on BeInCrypto.

The blockchain sector has been seeing a lot of new projects being introduced recently.

After first raising concerns about the wallet, Michael Benko noted he was pleased to finally get an official answer about the mysterious whale wallet.

Games based on blockchain technology have the ability to bring about positive change in the gaming industry.

Since they reached their all-time highs in November 2021, Bitcoin and the larger cryptocurrency market have been on a downward trend.

A mysterious whale wallet is holding 50% of Axie Infinity's SLP supply. The secretive wallet has been silently gathering billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the industry's most popular play-to-earn (P2E) crypto games, for almost a year now.

Contrary to the obvious explanation, this massive whale wallet is not owned by Axie Infinity or the company behind it, Sky Mavis.

The most recent roadmap of Axie Infinity states that the start of Origin Season 0 signals the entry into Phase 3. The recent market negative heat has been felt by Axie Infinity.

Axie Infinity (AXS) has failed to create a bullish structure after bouncing from its June lows. As a result, a breakdown could occur soon.

It would appear that early investors in Axie Infinity are switching their attention to the IBAT token being issued by Battle Infinity.

Axie Infinity has been feeling the bearish heat of the market recently. The GameFi-based protocol has been pretty active among the Twitter chat boxes recently after the release of the latest news.

Following the $620 million attack on Axie Infinity's Ronin sidechain, one researcher has traced fund flows to sanctioned crypto mixers. The post Sanctioned Mixers Used to Launder Axie Infinity Funds, Reveals SlowMist Researcher appeared first on BeInCrypto.