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Crypto and Inflation: Bitcoin (BTC) Is Gaining Momentum as Inflation Slowly Cools Down – What Does This Mean for Metacade (MCADE)?

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Inflation rises, the Fed hikes rates, followed by Bitcoin (BTC) values falling. It’s a repeating cycle that has occurred throughout 2022 and demonstrates the link between crypto and inflation. The good news is that as inflation starts to cool, Bitcoin values start rising again. Where Bitcoin (BTC) goes, the rest of the market usually follows, but will all cryptos recover as inflation falls? Or have the events of 2022 permanently changed the market dynamics?

The big question is, how will Bitcoin (BTC)’s momentum affect GameFi hotshot Metacade (MCADE)? Does the correlation between crypto and inflation mean that Metacade (MCADE) will only rise when Bitcoin (BTC) rises? The success to date of the Metacade (MCADE) presale, with over $2m raised to date would seem to indicate otherwise. Projects can still flourish, independent of Bitcoin (BTC) performance, crypto, and inflation.

That may come as a surprise to those who believe that Bitcoin (BTC) sets the outlook for the entire crypto market. Read on to understand exactly why it’s time to think outside of the box and consider exciting new prospects like Metacade (MCADE) on their own merit.

What is Metacade?

Currently in presale, Metacade (MCADE) is at the forefront of a new generation of P2E and GameFi companies. It will offer a dazzling array of arcade games, ranging from classics to the latest virtual and metaverse attractions. But Metacade (MCADE) is far more than just an arcade: it offers blockchain gamers, developers and crypto fanatics the chance to connect, earn, and interact, together in the world’s leading Web3 community gaming hub.

How Metacade works

Metacade (MCADE) works by integrating all aspects of the P2E and GameFi industry. At its heart are the most popular arcade games, offering users genuine P2E functionality, plus lucrative competitions and tournaments. Players can also earn through the testing of new games, content creation such as reviews, and someday finding work with developers on the Metacade platform.

On the other side of the table, developers can interact directly with players, for testing and launching new games. Completing the package, crypto fans will have staking and investment opportunities. Regardless of where they sit, all Metacade members gain from a mutually beneficial community that gives all parties the chance to generate significant revenues and income streams.

Underpinning its community-focused approach, the Metacade (MCADE) roadmap confirms the company’s intention to become a DAO (decentralized autonomous organization). This feeds neatly into another notable initiative called Metagrants. This generous funding scheme is aimed at helping designers to develop a new generation of games on the Metacade platform. MCADE holders will vote on game proposals and the winners will be awarded funding to build their games. 

The link between crypto and inflation is ever-present but, crucially, it’s not everywhere in the market. In the crypto world, as in the real-world economy, there are companies that thrive in challenging times. Moreover, as the Covid pandemic has shown, challenging times can open up new paradigms, market dynamics, working practices and lifestyles. And companies like Metacade (MCADE) are grabbing the opportunity, shaking up the way we live, work and play.

Choosing between Metacade (MCADE) and Bitcoin (BTC) for investment

Investment advisors always promote the advantages of having a balanced portfolio. For that reason, almost all advisors recommend having at least some Bitcoin (BTC) in your crypto wallet. But as the connection between crypto and inflation demonstrates, Bitcoin (BTC) does not perform as well during times of inflation and interest rate hikes.

In part, it explains why many investors are looking beyond the comfort zone of Bitcoin (BTC). While unnecessary to replace 100% of their Bitcoin (BTC) stakes, it could be wise to supplement them with investments offering a better return in times of economic uncertainty. Metacade (MCADE) is one such contender, as its target market of P2E /GameFi is set to explode in 2023 and beyond. But there are other good reasons to invest in Metacade (MCADE).

First up, MCADE is currently available at a highly competitive presale price. Added to that, there’s speculation of a 100x gain over 2023, thanks to the predicted expansion in crypto gaming. Metacade’s appeal throughout the GameFi community and its persuasive mix of upcoming titles is also gaining strong support. Finally, a raft of security protections, backed up by a full Certik audit, has reassured investors.

Altogether, the shift in focus from Bitcoin (BTC) to Metacade (MCADE) starts to make more sense. No one is suggesting that holders of BTC tokens should immediately exchange them all for MCADE tokens. But at the very least – and especially given the current unhealthy link between crypto and inflation – they should check out this exciting newcomer.

MCADE v BTC: the final verdict

The economic relationship between crypto and inflation means that investors need to broaden their horizons during times of high inflation. That said, the decision to invest in Bitcoin (BTC) and Metacade (MCADE) does not come down to an “either-or” verdict. The reality is that it makes sense for a balanced portfolio to contain both these tokens. But hurry, because the Metacade (MCADE) 1st stage presale is nearly sold out, and the lowest price won’t last forever.

You can participate in the Metacade presale here.

The post Crypto and Inflation: Bitcoin (BTC) Is Gaining Momentum as Inflation Slowly Cools Down – What Does This Mean for Metacade (MCADE)? appeared first on Best Bitcoin Exchange.

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Justin Sun Predicts Huobi Crypto Exchange to Secure Hong Kong License in Under a Year

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Tron founder and advisor to the exchange, Justin Sun, has stated that Huobi could get a Hong Kong crypto license in six to twelve months. Specifically, Sun told Coindesk that the exchange applied to become a virtual asset service provider (VASP) last week. Additionally, Sun discussed the process of the VASP application and his belief that the crypto exchange could have an answer by the end of the year. Huobi had recently relocated to Hong Kong, aiming to launch Huobi Hong Kong by the summer. Sun was asked about embracing potential competition in the Canadian market and noted the strict regulatory standards in the country, referring to the Caribbean, Hong Kong, and Japan. There has been no verification of other cryptocurrency exchanges that have applied for a similar license, however, Coindesk reported Sun’s expectation that five to six other exchanges could make the move.

This news is good for Huobi as they are in the process of obtaining a crypto license in Hong Kong, which would allow them to operate in the region and serve customers. Other exchanges may also apply for the license, and the grace period given to the exchange could provide them with the opportunity to get approval in the next six to twelve months.

#Huobi #HongKong #CryptoLicense #VASP #JustinSun

You can read more about this topic here: Watcher Guru: Justin Sun Says Huobi Could Get Hong Kong Crypto License in 6-12 Months

The post Justin Sun Predicts Huobi Crypto Exchange to Secure Hong Kong License in Under a Year first appeared on Byte Syze Crypto.

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Crypto Rug Pulls: How $45 Million In Defi Attacks Were Lost In May

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#CryptoSafety #RugPulls #DefiExploits #ProtectInvestors

You can read more about this topic here: Watcher Guru: Crypto Rug Pulls Outvalued Defi Attacks in May, $45 Million Lost

The post Crypto Rug Pulls: How $45 Million In Defi Attacks Were Lost In May first appeared on Byte Syze Crypto.

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CFTC Set to Revamp Risk Regulations: How it Impacts the Crypto Industry

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The Commodity Futures Trading Commission (CFTC) has proposed a re-modelled rule-set for risk management as part of its effort to respond to the U.S. banking crisis. Commissioner Christy Goldsmith Romero highlighted the need for such regulations due to the risks posed by the emergence of technologies like crypto, AI, and cloud services. The CFTC’s advance notice of proposed rulemaking will be open for public comments for 60 days. The final version will then be voted upon. #CFTC #RiskManagement #Crypto #Regulations

You can read more about this topic here: Watcher Guru: Crypto: U.S. CFTC Looking to Change Risk Rules

The post CFTC Set to Revamp Risk Regulations: How it Impacts the Crypto Industry first appeared on Byte Syze Crypto.

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