• Metacade is a new project that is widely regarded in investment circles as a top pick for success in 2023 and beyond.
• The project has a comprehensive whitepaper detailing plans to build an extensive ecosystem of functionality around a play-to-earn (P2E) arcade in the metaverse.
• Metacade has already seen $3.9 million invested in the presale in just 9 weeks, leading many to speculate that it could be the project to lead a bear market rally.

After the crypto winter of 2022, the crypto market has been in a bear market, with investors looking for projects with utility to make the most of the next bull run. One such project that is gaining a lot of attention is Metacade, a revolutionary Web3 gaming project with a comprehensive whitepaper detailing plans to build an expansive ecosystem of functionality around a play-to-earn (P2E) arcade in the metaverse.

The project has already seen huge success in its presale, with investors pouring $3.9 million into the project in just 9 weeks. This has led many to speculate that Metacade could be the project to lead a bear market rally. The project has been widely regarded in investment circles as a top pick for success in 2023 and beyond, with its expansive set of gaming titles and other complementary features making it a strong candidate for success.

Metacade is a project that has the potential to revolutionize gaming in the metaverse, and the project’s ambition to become the largest play-to-earn arcade in the metaverse is a testament to this. The project is taking advantage of the booming Web3 gaming industry, with its comprehensive whitepaper laying out plans to build an extensive ecosystem of functionality around the P2E arcade. This will drive huge levels of engagement and shake up gaming in the process.

The project is also leveraging a number of other complementary features, such as its own token economy, incentivized content creation, leaderboards, tournaments and rewards, and an extensive community to create a comprehensive platform for gaming. All of these features combined make Metacade a project that could lead a bear market rally in the crypto industry.

With the project’s presale results already proving successful and the project’s comprehensive whitepaper laying out a roadmap for success in 2023 and beyond, Metacade is a project that many investors are keeping an eye on. The project’s ambition to become the largest play-to-earn arcade in the metaverse as well as its comprehensive set of features and functionality make it a strong candidate for success in a bear market rally. Investors are watching closely to see if Metacade can lead a bear market rally and make the most of the next bull run.

• Brett Harrison, former FTX.US president, has raised $5 million in a seed round funding for his new crypto project for institutional investors.
• The new platform is a decentralised finance (DeFi) venture dubbed Architect and has been in stealth development since last September.
• Investors to back the venture include Coinbase Ventures, Circle Ventures, SV Angel, SALT Fund, Third King Venture Capital, Motivate Venture Capital and SkyBridge Capital’s Antony Scaramucci.

Brett Harrison, the former president of FTX.US, has announced the successful raising of five million dollars in a seed round funding for his new venture Architect. Architect is a decentralised finance (DeFi) platform that has been in stealth development since September of last year. It is dedicated to providing institutional investors with a tailored suite of trading software solutions.

The seed round was backed by some of the most respected venture investors in the cryptocurrency space, including Coinbase Ventures, Circle Ventures, SV Angel, SALT Fund, Third King Venture Capital, Motivate Venture Capital and SkyBridge Capital’s Antony Scaramucci.

Harrison’s new platform is aiming to streamline the crypto markets and provide users with a more efficient trading experience. He believes that with the help of the investors and the team at Architect, they can create a user-friendly platform that will provide institutional investors with the tools they need to make profitable trades.

The team behind Architect is highly experienced in the cryptocurrency space, with many of its members having worked in the industry for a number of years. Harrison himself has a wealth of experience in the crypto trading sector and is eager to bring his knowledge to the new venture. He stated: „At Architect, our mission is to create a platform that makes it easier for institutional investors to access and trade crypto-assets. We believe that with the right tools, even the most complex strategies can be implemented efficiently and securely.“

Architect will be leveraging its team’s expertise in order to provide users with a secure and reliable trading experience. The platform is also aiming to create a suite of trading tools that will make it easier for institutional investors to access the crypto markets.

The team at Architect is confident that their platform will provide users with an efficient and secure trading experience. With the backing of some of the top venture capitalists in the cryptocurrency space, Architect is poised to become a major player in the DeFi space.

• Crypto.com announced that they are reducing their global workforce by around 20%.
• The CEO cited poor market conditions and recent events in the industry as reasons for the layoffs.
• Coinbase and Huobi have also announced similar layoffs this year.

Crypto.com has announced that they will be reducing their global workforce by around 20% in response to recent negative economic developments in the industry. This is the latest in a string of layoffs amongst major cryptocurrency firms, with Coinbase and Huobi both announcing similar staff reductions earlier this year.

Kris Marszalek, the co-founder and CEO of Crypto.com exchange, said in an official statement that “Today we made the difficult decision to reduce our global workforce by approximately 20%.” He went on to say that the company had been growing ambitiously in 2021, but that the trajectory of the industry had “changed rapidly” due to a “confluence of negative economic developments”.

According to sources, Crypto.com currently has between 3500 and 4500 employees worldwide, meaning that the layoffs will affect between 700 and 900 people. The news of the layoffs has had a positive effect on the price of Crypto.com’s token, Cronos (CRO), which has risen since the announcement.

The recent spate of layoffs in the crypto industry has caused some concern amongst investors and analysts, who are worried that the industry may be in trouble. Despite this, the industry is still on a recovery trajectory, and many investors remain optimistic about the future of cryptocurrencies.

While it is clear that the industry has been affected by the negative economic developments of the past few months, it is hoped that the market will continue to recover and that the layoffs will prove to be a temporary setback. Only time will tell if the industry will be able to bounce back and return to its former glory.

• The US will publish the latest non-farm payrolls (NFP) data which is expected to show that the economy added more than 200k jobs while the unemployment rate remained at 3.7%.
• Bitcoin price has been in a tight range in the past few months, with BTC/USD remaining between last month’s low of about 16,285 and a high of 18,455.
• The US jobs numbers have an impact on Bitcoin prices because they tend to influence the Federal Reserve, which tends to hike rates when inflation is rising.

The crypto markets have been in a consolidation phase in the past few weeks, with Bitcoin price remaining within a tight range between last month’s low of about 16,285 and a high of 18,455. This has been due to a lack of news and market sentiment being relatively neutral. However, the upcoming US non-farm payrolls (NFP) data could be a major catalyst for the markets.

Economists surveyed by Reuters believe that the US economy added more than 200k jobs while the unemployment rate remained steady at 3.7%. If analysts are accurate, it means that the economy added millions of jobs in 2022. They also expect the data to show that the country’s wages held steady in December. The average hourly earnings are expected to have risen by 5.0% while the participation rate remained at 62.1%. This comes after ADP published strong jobs numbers which showed that the economy added 235k jobs.

The US jobs numbers have an impact on Bitcoin prices because they tend to influence the Federal Reserve. The Fed has a dual mandate to ensure that inflation and unemployment rate are steady. It tends to hike rates when inflation is rising. In 2022, the bank hiked rates by 450 basis points. The NFP payrolls data will come out on Friday and will give investors a better insight into the strength of the economy.

Strong jobs numbers will be bearish for BTC prices. This is because if the economy is doing well, it will reduce the chances of the Federal Reserve cutting interest rates. Lower interest rates lead to higher stock prices and a stronger US dollar. This, in turn, reduces the demand for Bitcoin as investors flock towards stocks and the US dollar.

On the other hand, weak jobs numbers would be bullish for Bitcoin prices as it could lead to the Federal Reserve cutting interest rates. This will be bearish for the US dollar, which in turn will be bullish for Bitcoin. It could also lead to an increase in investor risk appetite, which would be positive for Bitcoin.

The NFP payrolls data will be a key catalyst for the markets this week and could lead to a major move in Bitcoin prices. Investors should keep an eye on the data and be prepared for any potential moves.