The Insider #89

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Ascend
January 31, 2024

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Yuga Labs announces partnership with Faraway, a well established gaming studio. We had seen this partnership before for Dookey Dash, which was a massive success. Yuga Labs seemingly enters mobile gaming market. The game looks intriguing. Players will be using Kodas to “explore, craft, conquer and rise”. The game will come out on the second half of 2024. We know Yuga to be a massive player and even though they’ve been slower with developping some of their products, Dookey Dash and Otherside demos were very succesful. This can be another big move by Yuga that can be very rewarding to early adopters. (source)
Pixelmon announces partnership with Playember, the top web3 gaming studio that have +120.000.000 downloads. Playember and Pixelmon will be collaborating for a new Pixelmon casual mobile game that will launch in Q2 of 2024. Playember and Pixelmon both have been on fire recently. This partnership definitely seems like a COOK. (source)

Yuga Labs Partners With Faraway For Their Mobile Game

U.S. billionaire Tim Draper says the U.S. Government finally understand that Bitcoin is actually better for everyone. With all the news we see that increased cryptocurrencies’ legitimacy in front of the public eye and increased investment options for the general public, we are more bullish than ever. Hopefully after the Bitcoin halving, all cryptocurrencies will start upwards trend in second half of 2024. (source)
Kraken, a US based OG crypto exchange won their court battle to protect user transaction data in an XRP lawsuit (Zakinov vs. Ripple). The main dispute (SEC vs. Ripple) was about whether XRP should be designated as a security or currency. The plaintiff (SEC) accused XRP as an unregistered security. The judge in that case determined that XRP does not qualify as a security. If the judge of Zakinov vs. Ripple case decided that XRP does not qualify as a security, it will strengthen XRP’s position and this will be another huge win for XRP. (source)

Draper Says U.S. Government Finally Understands The Superiority of Bitcoin

Russia says that their top priority for 2024 is ditching the US Dollar for trade settlements. As the chair of BRICS for 2024, Russia will explore ways to make greater use of their national and local currencies in their cross border transactions. We had also read that BRICS countries were working on a digital payment system. Could this be a slight step towards cryptocurrencies ? (source)

In 2024, Russia Will Prioritize Ditching USD For Trade Settlements

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