Bitcoin Maintains Strong Position Above $30.5K After Calm Weekend

1 min read
Source: CoinDesk
Bitcoin Maintains Strong Position Above $30.5K After Calm Weekend
Photo: CoinDesk
TL;DR Summary

Bitcoin remains above $30,000 as markets stay quiet during the long weekend in the U.S. Trading volume and open interest are down, reflecting decreased activity. Meanwhile, Yat Siu, co-founder of Animoca Brands, dismisses concerns about GameFi being perceived as a Ponzi scheme, arguing that it is a misunderstanding of the industry. However, critics argue that the prevalence of Ponzi schemes in GameFi hinders its growth and adoption.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

5 min

vs 6 min read

Condensed

94%

1,11367 words

Want the full story? Read the original article

Read on CoinDesk