First Mover Asia: Crypto Game Consoles Aren’t Needed as Web3 Gaming Has Workers, Not Gamers; Bitcoin Dips, Then Regains Its Perch Above $20K

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First Mover Asia: Crypto Game Consoles Aren’t Needed as Web3 Gaming Has Workers, Not Gamers; Bitcoin Dips, Then Regains Its Perch Above $20K
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There might be a time when Web3 games have matured to the point where they are ready for a console of their own, but studios must build games that people want to play; BTC dips early but climbs back over $20K. TheSamReynolds and JPRubin23 report

In its ongoing moves above and below the $20K threshold, bitcoin took the latest in a series of recent, small dives during Asian market hours Tuesday but later regained its perch above the psychologically important mark.

Ether, the second-largest crypto by market cap, was changing hands at about $1,140, up slightly for the same period. Other major cryptocurrencies by market cap in the CoinDesk top 25 were largely up from the previous day with AVAX and SAND among the biggest winners, recently rising more than 9% and 5%, respectively. LTC recently dropped nearly 2%.Equity markets rallied late to finish up, with the tech-heavy Nasdaq climbing 1.

all withdrawals, trading and deposits on its platform as it looked at restructuring options. Vauld joined a growing list of crypto firms swept up in the industry's recent price declines.Arca Chief Investment Officer Jeff Dorman raised a philosophical issue about cryptos, citing an adviser to the firm, Bill Powers, who recently asked if bitcoin was"'really a store of wealth or if it was just a store of excess wealth.

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