Invest ideasNews
23 Apr 2026, 13:45
Visser: BTC Rise Begins Above 76K
Macro investor Jordi Visser sees the breakout above BTC 76.000$ and ETH 2.400$ as a trend reversal. BTC has already surpassed 77.500$. April 22 ETF flows support the bull with 335M$ BTC inflow. Rec...
23 Apr 2026, 13:45
USD/CAD: Limited Upside Persists Within a Bearish Setup, Warns Scotiabank
BitcoinWorld USD/CAD: Limited Upside Persists Within a Bearish Setup, Warns Scotiabank The USD/CAD pair continues to face a bearish setup with only limited upside potential, according to a recent analysis from Scotiabank. Traders and investors closely monitor this currency pair as it reflects the interplay between the US dollar and the Canadian dollar, influenced by economic data, commodity prices, and central bank policies. This article provides a comprehensive breakdown of Scotiabank’s technical outlook, the underlying market drivers, and what this means for forex participants in 2025. Scotiabank’s Technical Analysis of USD/CAD Bearish Setup Scotiabank’s foreign exchange strategists have identified a persistent bearish setup for USD/CAD. The bank’s analysis points to key resistance levels that cap any upward movement. According to their report, the pair struggles to break above the 1.3600 level, which acts as a significant barrier. This resistance stems from a combination of moving averages and trendline constraints on the daily chart. The bearish momentum remains intact as long as the price stays below this threshold. Furthermore, the bank notes that any rallies toward the 1.3550–1.3600 zone attract selling pressure. This behavior confirms the bearish sentiment among market participants. The relative strength index (RSI) also remains in neutral-to-bearish territory, indicating a lack of strong buying interest. Consequently, the path of least resistance for USD/CAD appears lower in the near term. Key Technical Levels to Watch Scotiabank outlines several critical levels for traders. The immediate support sits at 1.3400, followed by the 1.3350 area. A break below these levels could accelerate the decline toward the 1.3200 handle. On the upside, the 1.3600 resistance remains the primary hurdle. A sustained move above this level would challenge the bearish view, but Scotiabank considers this scenario unlikely given current fundamentals. Support 1: 1.3400 – psychological and technical level. Support 2: 1.3350 – previous swing low. Resistance 1: 1.3600 – 200-day moving average. Resistance 2: 1.3700 – recent high. Market Drivers Behind the Bearish USD/CAD Outlook Several fundamental factors support Scotiabank’s bearish setup . First, the Bank of Canada (BoC) maintains a hawkish stance relative to the Federal Reserve. The BoC’s recent rate hikes and cautious tone on inflation strengthen the Canadian dollar. In contrast, the Fed signals potential rate cuts later in 2025, which weighs on the US dollar. This policy divergence creates a headwind for USD/CAD. Second, crude oil prices, a key driver for the Canadian dollar, remain elevated. Canada’s economy benefits from higher oil revenues, supporting the loonie. The ongoing geopolitical tensions and supply constraints keep oil prices above $80 per barrel. This commodity price support further limits USD/CAD upside. Economic Data and Central Bank Policies Recent economic releases also influence the pair. Canadian GDP growth exceeds expectations, while US jobless claims rise. This relative economic strength boosts the Canadian dollar. Additionally, the BoC’s focus on controlling inflation contrasts with the Fed’s growing concern about economic slowdown. These factors reinforce the bearish narrative for USD/CAD. Implications for Forex Traders and Investors For forex traders, Scotiabank’s analysis suggests a strategy of selling rallies. The limited upside potential means that long positions carry higher risk. Instead, traders may consider short positions near the 1.3550–1.3600 zone, targeting the 1.3400 support. Stop-loss orders above 1.3650 can manage risk effectively. Investors with exposure to Canadian assets should monitor this pair closely. A weaker USD/CAD benefits Canadian exporters by making their goods cheaper in US dollar terms. Conversely, US companies with Canadian operations face currency headwinds. Hedging strategies using options or forwards become prudent in this environment. Risk Management Considerations Volatility remains a key risk. Unexpected economic data or central bank surprises can trigger sharp moves. Traders should use proper position sizing and stop-losses. The upcoming BoC and Fed meetings in March 2025 are critical events that could alter the outlook. Staying informed about these events is essential for navigating the bearish setup. Comparative Analysis: USD/CAD vs. Other Major Pairs Comparing USD/CAD with other major pairs provides additional context. The US dollar index (DXY) shows broad weakness, aligning with the USD/CAD bearish trend. However, the Canadian dollar outperforms other commodity currencies like the Australian and New Zealand dollars. This outperformance stems from Canada’s stronger economic fundamentals and oil price support. Currency Pair Current Trend Key Driver USD/CAD Bearish BoC hawkish, oil prices AUD/USD Neutral China demand, RBA policy NZD/USD Neutral-Bearish RBNZ dovish, dairy prices EUR/USD Bullish ECB hawkish, USD weakness This comparison highlights the unique strength of the Canadian dollar. Traders can use this information for cross-currency strategies, such as shorting USD/CAD while going long EUR/USD. Expert Perspectives and Market Sentiment Beyond Scotiabank, other major institutions share a similar view. Goldman Sachs recently noted that USD/CAD could test 1.3200 in the coming months. Meanwhile, JPMorgan highlights the importance of oil prices and BoC policy. Consensus among analysts points to a bearish bias for the pair. Market sentiment indicators, such as the COT report, show speculative shorts increasing. This positioning suggests that traders already price in further downside. However, extreme positioning can sometimes lead to reversals. Therefore, traders should remain vigilant for any shifts in sentiment. Timeline of Key Events The following timeline outlines important dates that could impact USD/CAD: March 6, 2025: BoC interest rate decision. March 12, 2025: US CPI data release. March 19, 2025: Fed interest rate decision. March 28, 2025: Canadian GDP data. These events provide opportunities for volatility and trend confirmation. Traders should adjust their positions accordingly. Long-Term Outlook for USD/CAD Looking ahead, the bearish setup may persist through 2025. The structural factors—BoC hawkishness, oil prices, and US economic slowdown—remain in place. However, risks exist. A sharp drop in oil prices or a surprise Fed rate hike could reverse the trend. Scotiabank advises monitoring these variables closely. For long-term investors, the pair’s fair value estimates suggest further depreciation. Purchasing power parity (PPP) models indicate USD/CAD should trade around 1.3000. The current level above 1.3400 implies the US dollar remains overvalued. This supports the bearish case over a multi-month horizon. Conclusion Scotiabank’s analysis confirms a USD/CAD bearish setup with limited upside potential. Key resistance at 1.3600 caps rallies, while support at 1.3400 offers downside targets. Fundamental drivers, including BoC policy divergence and oil prices, reinforce this view. Traders should adopt a sell-on-rallies strategy and manage risks carefully. As 2025 unfolds, the pair’s direction hinges on central bank decisions and commodity markets. Staying informed and adaptable remains crucial for success in this environment. FAQs Q1: What does Scotiabank’s bearish setup mean for USD/CAD traders? Scotiabank’s bearish setup suggests that USD/CAD faces limited upside and a higher probability of declines. Traders should consider selling rallies near resistance levels. Q2: What are the key resistance and support levels for USD/CAD? Key resistance is at 1.3600, with support at 1.3400 and 1.3350. A break below support could target 1.3200. Q3: How do oil prices affect the Canadian dollar? Higher oil prices strengthen the Canadian dollar because Canada is a major oil exporter. This creates downward pressure on USD/CAD. Q4: Why does the Bank of Canada’s policy matter for USD/CAD? The BoC’s hawkish stance relative to the Fed supports the Canadian dollar. Interest rate differentials directly impact currency valuations. Q5: What risks could reverse the bearish USD/CAD outlook? A sharp drop in oil prices, a surprise Fed rate hike, or a global risk-off event could strengthen the US dollar and reverse the bearish trend. Q6: How can traders manage risk in a bearish USD/CAD market? Traders should use stop-loss orders above resistance levels, employ proper position sizing, and stay updated on economic data and central bank events. This post USD/CAD: Limited Upside Persists Within a Bearish Setup, Warns Scotiabank first appeared on BitcoinWorld .
23 Apr 2026, 13:40
WLFI co-founder arrest video adds drama to legal dispute with Justin Sun
WLFI co-founder Zach Witkoff is facing fresh public attention after body camera footage from a 2022 arrest resurfaced online. The video, recorded outside the E11EVEN nightclub in Miami on New Year’s Day 2022, shows Witkoff being detained by police. Its revival has coincided with growing concern over the company’s internal disputes and legal challenges. Arrest footage draws renewed attention to WLFI co-founder The resurfaced footage shows the WLFI co-founder interacting with officers during the arrest. The incident also involved his father, Steve Witkoff, who was denied entry to the venue, leading to a dispute with security staff. $WLFI co-founder @ZachWitkoff arrested for cocaine $USD1 founder looking like an unstablecoin pic.twitter.com/maE6NBbq9Y — $trong (@StrongHedge) April 23, 2026 Officers carried out a search during the incident and reported finding a bag of cocaine. Following the incident, the authorities charged Zach Witkoff with disorderly conduct, resisting arrest, and felony possession at the time. In the footage, Witkoff offers varying explanations, stating at one point that he was helping a friend, before later saying the substance was not his. He also claimed he had been assaulted and denied wrongdoing. As officers attempted to manage the situation, they warned him not to resist. During the exchange, Witkoff referenced connections to the nightclub’s ownership, naming Marc Roberts. A security guard responded by dismissing the comment. Court records later showed that Witkoff posted bond and entered a not guilty plea. Prosecutors initially pursued the case; however, the felony cocaine charge and one count of resisting arrest were later dismissed. WLFI co-founder lawsuit dispute with Justin Sun escalates The timing of the video’s circulation comes as the WLFI co-founder faces indirect pressure from a lawsuit Justin Sun filed against World Liberty Financial. The complaint alleges that the company froze approximately 4 billion WLFI tokens acquired by Sun and attempted to influence his actions regarding those holdings. According to the filing, co-founder Chase Herro warned Sun that failure to comply with certain demands could result in a governance vote that would eliminate his holdings. The lawsuit claims this formed part of an effort to secure additional capital contributions tied to the company’s operations, including the minting of its USD1 stablecoin . The complaint further alleges that the company threatened to report Sun to authorities over unspecified compliance concerns. This occurred months before Sun reached a $10 million settlement with the U.S. Securities and Exchange Commission, without admitting or denying wrongdoing. Sun also argued that World Liberty Financial attempted to restrict large token sales to support price stability while accusing him of contributing to a decline in value. Community response and ongoing legal developments The dispute has extended into public exchanges, including responses from Eric Trump on X. Eric dismissed the lawsuit in a post, prompting replies from members of the crypto community. Others criticized the actions of the company, whereas others supported the stance of Sun. One response by an OKX partner questioned the influence of the company citing allegations regarding financial benefits associated with the project. However, the released footage involving the WLFI co-founder has drawn additional attention at a time when legal and governance issues remain unresolved. If you want a calmer entry point into DeFi crypto without the usual hype, start with this free video.
23 Apr 2026, 13:40
Binance Debit Card Registration Opens with Powerful 3% Cashback and No Fees
BitcoinWorld Binance Debit Card Registration Opens with Powerful 3% Cashback and No Fees Binance has officially opened a registration page for its new debit card, allowing users to sign up for early access until April 30. This move marks a significant step in bridging cryptocurrency holdings with everyday spending. Registered users will receive a notification when the service launches in their region. The Binance Debit Card operates on the Mastercard network. It enables users to spend USDT, USDC, FDUSD, and BNB directly from their Binance Earn accounts for daily purchases. This integration simplifies the process of using crypto for real-world transactions. Binance Debit Card Registration and Key Features The registration period for the Binance Debit Card runs until April 30. Users must complete the sign-up process on the dedicated page. After registration, Binance will notify users about the official launch date in their respective countries. The card offers several compelling features. It provides a 3% cashback on all purchases. There are no annual fees or issuance costs. A virtual card is also available immediately. Users can add this virtual card to Apple Pay and Google Wallet for contactless payments. This feature allows for instant spending without waiting for a physical card. Supported Cryptocurrencies and Spending Mechanism The Binance Debit Card supports four major cryptocurrencies. These are USDT, USDC, FDUSD, and BNB. Users can spend these assets from their Binance Earn accounts. This integration means users do not need to manually transfer funds to a separate wallet. The card automatically converts the selected crypto into fiat currency at the point of sale. This process happens in real-time. It allows for seamless transactions at any merchant that accepts Mastercard. This functionality reduces friction for crypto holders. It makes daily spending more practical. Market Context and Industry Impact The launch of the Binance Debit Card comes at a time of increasing mainstream adoption of cryptocurrencies. Many users seek ways to use their digital assets for everyday expenses. Traditional payment methods often involve high fees or delays. Binance addresses these pain points with a zero-fee structure and instant conversion. The 3% cashback is also competitive. It exceeds typical rewards offered by traditional bank debit cards. This incentive could drive significant user adoption. The partnership with Mastercard provides global acceptance. This combination of features positions Binance strongly in the crypto debit card market. Comparison with Existing Crypto Cards Several other exchanges offer similar products. However, Binance’s offering stands out for several reasons. The table below compares key features. Feature Binance Debit Card Typical Competitor Card Cashback 3% 1-2% Annual Fee $0 $0-$100 Supported Assets USDT, USDC, FDUSD, BNB BTC, ETH, USDT Virtual Card Immediate Often delayed Apple Pay/Google Wallet Yes Varies This comparison shows Binance offers superior value. The zero fees and high cashback are major advantages. The immediate virtual card also provides instant utility. Registration Process and Eligibility Users can register on the Binance website or app. The process requires a verified Binance account. Users must complete KYC (Know Your Customer) verification. After registration, Binance will evaluate regional availability. The service will roll out in phases. Users in supported regions will receive an email notification. The registration deadline is April 30. Users should act promptly to secure early access. The card is available for both new and existing Binance users. Security and User Protection Binance implements multiple security layers for the debit card. Transactions require two-factor authentication (2FA). Users can set spending limits within the app. The card also includes fraud monitoring. Mastercard’s security network adds another layer of protection. Users can freeze their card instantly if lost or stolen. These measures ensure safe and secure transactions. Binance also stores user funds in cold wallets. This practice reduces the risk of hacking. Future Implications for Crypto Adoption The Binance Debit Card could accelerate mainstream crypto adoption. It removes the barrier of converting crypto to fiat manually. Users can now spend their digital assets as easily as traditional money. This convenience encourages more people to hold and use cryptocurrencies. The card also supports stablecoins like USDT and USDC. This reduces volatility risk for everyday spending. Merchants benefit from increased customer spending power. The Mastercard network ensures wide acceptance globally. This initiative could set a new standard for crypto payment solutions. Expert Insights on Market Trends Industry analysts view this launch positively. They note that Binance addresses a key user need. The combination of cashback and zero fees is rare. This strategy could attract millions of new users. It also strengthens Binance’s ecosystem. Users are more likely to keep funds on the exchange. This increases platform loyalty and transaction volume. The timing aligns with growing regulatory clarity in many regions. This clarity encourages more users to engage with crypto services. Conclusion The Binance Debit Card registration opens a new chapter for crypto spending. Users can register until April 30 for early access. The card offers 3% cashback, no fees, and support for USDT, USDC, FDUSD, and BNB. A virtual card is available immediately for Apple Pay and Google Wallet. This product combines convenience, rewards, and security. It positions Binance as a leader in the crypto payment space. Users should register early to benefit from this powerful financial tool. FAQs Q1: How do I register for the Binance Debit Card? A: Visit the Binance website or app, navigate to the debit card page, and complete the registration form before April 30. Ensure your account is verified. Q2: What cryptocurrencies can I spend with the Binance Debit Card? A: You can spend USDT, USDC, FDUSD, and BNB directly from your Binance Earn account. Q3: Is there any fee for the Binance Debit Card? A: No, there are no annual fees or issuance costs. The card also offers 3% cashback on purchases. Q4: Can I use the Binance Debit Card with Apple Pay or Google Wallet? A: Yes, a virtual card is available immediately, and you can add it to Apple Pay and Google Wallet for contactless payments. Q5: When will the Binance Debit Card launch in my region? A: Binance will notify registered users via email when the service launches in their region. The launch is phased and depends on regulatory approval. This post Binance Debit Card Registration Opens with Powerful 3% Cashback and No Fees first appeared on BitcoinWorld .
23 Apr 2026, 13:35
Web3 Gaming Industry Collapse: Over 90% of GameFi Projects Fail in Devastating Market Crash
BitcoinWorld Web3 Gaming Industry Collapse: Over 90% of GameFi Projects Fail in Devastating Market Crash The Web3 gaming industry collapse has reached a critical point. A new analysis from crypto trading firm Caladan reveals that over 90% of all GameFi projects have failed. This news, reported by CoinDesk, marks a significant downturn for a sector that once attracted massive investment. Despite receiving over $15 billion in funding, the industry now faces a grim reality. Understanding the Web3 Gaming Industry Collapse The data paints a stark picture. Token prices for these projects have fallen by approximately 95% from their all-time highs. Investment into new GameFi ventures has also plummeted sharply. The once-hyped play-to-earn (P2E) model has effectively collapsed. New user growth slowed dramatically, and major projects like Axie Infinity saw a sharp decline in their daily active users. Investment capital has now shifted to other areas. These include artificial intelligence (AI), real-world assets (RWA), and Layer 2 infrastructure. Over 300 blockchain games have shut down entirely, according to the report. The Rise and Fall of the Play-to-Earn Model The play-to-earn model was the primary driver of the Web3 gaming boom. It promised players the ability to earn real income by playing games. Axie Infinity became the poster child for this model. At its peak, it generated hundreds of millions of dollars in revenue. Players in developing countries used it as a primary source of income. However, the model had fundamental flaws. It relied on a constant influx of new players to sustain token prices. When user growth slowed, the economic loop broke. Token prices crashed, and player earnings became worthless. This led to a mass exodus of users. Many projects attempted to copy Axie Infinity’s model. They launched their own tokens and in-game economies. However, most lacked the gameplay quality to retain users. The focus was on financial incentives, not fun. This created a fragile ecosystem. Any slowdown in new user acquisition led to a rapid collapse. The Web3 gaming industry collapse is a direct result of these unsustainable economic designs. Key Factors Behind the GameFi Project Failure Several factors contributed to the widespread GameFi project failure. First, the market became oversaturated. Thousands of projects launched, all competing for the same user base. This fragmented the community and diluted value. Second, regulatory uncertainty increased. Governments worldwide began scrutinizing crypto gaming. This created a chilling effect on investment and user participation. Third, the broader crypto market entered a prolonged bear market. This reduced the overall risk appetite for speculative assets like GameFi tokens. Another critical factor was the poor quality of the games themselves. Many projects focused more on tokenomics than on actual gameplay. They lacked compelling storylines, engaging mechanics, or polished graphics. Players quickly lost interest. The user experience was often clunky and confusing. High gas fees on Ethereum made transactions expensive. This further discouraged casual gamers. The Web3 gaming industry collapse serves as a cautionary tale about prioritizing finance over fun. Where Did the $15 Billion Go? The $15 billion invested into Web3 gaming did not disappear entirely. A significant portion went into marketing and token liquidity. Projects spent heavily to attract users and maintain token prices. Some funds went to development, but often with poor execution. Much of the capital was lost when projects failed and tokens became worthless. Venture capital firms and individual investors absorbed these losses. The shift in investment capital away from GameFi is telling. AI, RWA, and Layer 2 solutions now attract the majority of new funding. These sectors offer more tangible use cases and clearer revenue models. The following table summarizes the key investment shifts: Sector Investment Trend Reason for Shift Web3 Gaming / GameFi Sharp Decline Unsustainable P2E models, user exodus Artificial Intelligence (AI) Strong Increase High demand, real-world applications Real-World Assets (RWA) Moderate Increase Tokenization of tangible assets, regulatory clarity Layer 2 Infrastructure Steady Growth Scalability solutions for blockchain networks The Collapse of Axie Infinity and Its Aftermath Axie Infinity was the most prominent example of the Web3 gaming industry collapse. At its peak, it had over 2.7 million daily active users. Its native token, AXS, reached an all-time high of over $160. Today, user numbers have fallen by over 90%. The token trades at a fraction of its peak value. The game’s economy relied on breeding and battling digital creatures. Players earned Smooth Love Potion (SLP) tokens, which could be traded. When the price of SLP crashed, the incentive to play vanished. The game’s developers tried to pivot, but the damage was done. The collapse of Axie Infinity had a ripple effect. It damaged the reputation of the entire Web3 gaming sector. Investors became wary of funding similar projects. Players lost trust in the promise of earning income through games. The failure of such a flagship project signaled deep structural problems. It showed that even the most successful GameFi project could not sustain its model. This event accelerated the broader blockchain gaming decline. Over 300 Blockchain Games Shut Down The report from Caladan highlights a grim statistic. Over 300 blockchain games have shut down completely. This number includes both small indie projects and well-funded studios. Many of these games never reached a meaningful user base. Others launched but failed to maintain momentum. The closures represent a massive waste of development effort and capital. They also leave a trail of disappointed players who invested time and money. The Web3 gaming industry collapse is not just a financial loss. It is a loss of potential and innovation in the gaming space. Impact on Investors and Players The consequences of the GameFi project failure are far-reaching. Individual investors lost significant amounts of money. Many bought tokens at high prices, expecting them to appreciate. They now hold assets worth a fraction of their original investment. Some players relied on game earnings as their primary income. The collapse left them without a livelihood. The psychological impact is also notable. The hype around Web3 gaming created unrealistic expectations. The subsequent crash led to widespread disillusionment. For venture capital firms, the losses are substantial but manageable. They can diversify their portfolios. The shift to AI and RWA shows a pragmatic response. For the broader crypto industry, the collapse is a learning experience. It highlights the need for sustainable economic models. It also underscores the importance of building products that offer genuine utility. The Web3 gaming industry collapse serves as a harsh but valuable lesson. What Went Wrong with the Economic Models? The core problem was the reliance on speculative token economies. Most GameFi projects used a dual-token system. One token served as a governance or value store. Another served as an in-game currency. Players earned the in-game currency through gameplay. They could then sell it on exchanges. This created a direct link between player activity and token supply. Without sufficient demand, token prices fell. The system required constant new money to sustain itself. This is a classic Ponzi-like structure. It was not sustainable in the long term. Furthermore, many projects had poor tokenomics. They allocated large portions of the token supply to investors and team members. This created selling pressure. They also failed to implement effective token sinks. These are mechanisms that remove tokens from circulation. Without sinks, the supply grew faster than demand. The Web3 gaming industry collapse is a textbook case of bad tokenomics. The Future of Blockchain Gaming After the Collapse Despite the current state, blockchain gaming is not dead. The technology still offers unique possibilities. True ownership of in-game assets is a powerful concept. Interoperability between games could create new experiences. However, the industry needs a fundamental reset. Future projects must focus on gameplay first. The blockchain element should enhance the experience, not define it. Sustainable economic models are essential. These might include fixed supply tokens, revenue-sharing mechanisms, or subscription fees. Several new projects are taking a different approach. They are building games that are fun to play regardless of crypto incentives. They use blockchain for specific features like asset ownership. They do not force players to buy tokens upfront. This ‘blockchain-lite’ approach may be the path forward. The Web3 gaming industry collapse has cleared the way for more thoughtful development. The survivors and newcomers will likely build on these lessons. Lessons for the Crypto Gaming Sector The key lesson is that sustainable growth requires real value creation. Games must offer entertainment, not just financial incentives. User retention is more important than user acquisition. Economic models must be designed for the long term. They should not rely on infinite growth. Regulatory compliance will also become more important. Projects that ignore legal frameworks will face increasing risks. The Web3 gaming industry collapse has been painful. But it provides a clear roadmap for what not to do. Conclusion The Web3 gaming industry collapse represents one of the most dramatic downturns in the crypto space. Over 90% of GameFi projects have failed. Token prices have fallen 95% from their peaks. Investment has shifted to AI, RWA, and Layer 2 infrastructure. The play-to-earn model proved unsustainable. Major projects like Axie Infinity saw user numbers collapse. Over 300 blockchain games have shut down. The industry must learn from these mistakes. Future success will depend on building quality games with sustainable economies. The Web3 gaming industry collapse is a stark reminder that hype cannot replace substance. FAQs Q1: What caused the Web3 gaming industry collapse? The primary cause was the unsustainable play-to-earn model. It relied on constant new user growth to maintain token prices. When growth slowed, the economic loop broke, leading to a crash. Q2: How many GameFi projects have failed? According to crypto trading firm Caladan, over 90% of all GameFi projects have failed. This represents a massive loss of investment and user trust. Q3: What happened to Axie Infinity during the collapse? Axie Infinity saw a sharp decline in daily active users. Its token prices fell dramatically. The game’s economy, based on earning SLP tokens, became unsustainable. Q4: Where did the $15 billion invested in Web3 gaming go? Much of the capital was spent on marketing, token liquidity, and development. A significant portion was lost when projects failed and token values crashed. Investment has since shifted to AI and RWA. Q5: Is blockchain gaming completely dead? No, but the industry is in a reset phase. Future projects must focus on gameplay and sustainable tokenomics. The technology still offers value for true asset ownership. Q6: What lessons can be learned from the GameFi project failure? The key lesson is to prioritize fun and user experience over financial incentives. Sustainable economic models and regulatory compliance are also critical for long-term success. This post Web3 Gaming Industry Collapse: Over 90% of GameFi Projects Fail in Devastating Market Crash first appeared on BitcoinWorld .
23 Apr 2026, 13:35
Bitcoin Price Battle for $87,000: Peter Brandt Identifies the Final Hurdle in Current Rally
Bitcoin secures $77,600 as Peter Brandt and Aksel Kibar signal a technical breakout from the 2024 downtrend with a target at $87,000, right where the 365-day moving average is.
