BTC will break $32K soon？Vitalik is heading for AI | Web3 News

BTC price hits 2-month high amid bet Bitcoin will break $32K ‘soon’

Bitcoin（ $29,691） tapped $30,000 into the Oct. 20 Wall Street open as analysts directed attention to the weekly close.

In an optimistic longer-timeframe view, trading team Stockmoney Lizards predicted that resistance immediately above $30,000 would soon crack.

Updating a chart fractal comparing BTC/USD in 2023 to its 2020 breakout, analysts argued that the time for significant upside is now. An approval of the United States’ first Bitcoin spot price exchange-traded fund (ETF) would form the clinching factor.

“31/32k will break soon,” part of accompanying commentary read.

“P.S.: Many of you will once more say: ‘But 2020 was after halving, here we are before’ — answer: doesn’t matter. This year mass adoption / ETF approval will be THE driver.”

Ethereum Cofounder Vitalik Buterin Confirms Plans for AI

Ethereum cofounder Vitalik Buterin has shared new revelations that show a possible integration with artificial intelligence (AI) in the mid- to long term. Responding to community members in an ask-me-anything (AMA) session hosted on the decentralized social protocol Warpcast, Buterin said AI remains one of the thoughts that has filled his mind for the past two weeks.

While Vitalik Buterin was not detailed about the specific things he thought about, he said he is considering the ways in which the Ethereum community could productively engage on AI-related issues. Some of the issues he highlighted include X-risk, a concept that showcases how humanity can be harmed on a massive global scale.

In recent times, proponents have been citing how possible Blockchain technology can coexist with AI. Drawing on the revolutionary technology underpinning both concepts, a combination of AI and blockchain has been tipped as a futuristic solution to some of the world’s biggest challenges to date.

While there are a number of crypto projects exploring AI solutions to date, Buterin’s assertion of the concept lends another perspective, considering the role he plays in the broader digital currency ecosystem. The possible timeline of any potential engagement was not revealed, and from his actions, we might expect a detailed blog post in this regard in the future.

‘Magic: The Gathering’ creator’s crypto game lands on Epic Game Store

“Magic: The Gathering” creator Richard Garfield has helped design a blockchain game, and it is launching on the Epic Game Store.

The Dungeons & Dragons-style fantasy card game Garfield created became a massive hit, fostering an ecosystem of players who for years actively bought, sold and traded the game’s physical cards. Garfield is now hoping his digital card game “Brawlers” will also capture gamers’ imaginations.

The player-vs-player game was co-designed by Garfield and developed by fledgling web3 gaming firm Tyranno Studios, which focuses on creating titles on the WAX blockchain.

“Just like traditional physical card games, Brawlers allows people to purchase card sets and use them to play with others, simultaneously retaining full ownership and control over their assets to easily trade or exchange them,” Garfield said in a statement. “This opens up many new opportunities for developers to build successful web3 games with living and breathing economies where each player is a full-fledged participant and avoids all the pitfalls of exploitative microtransactions.”

Refik Anadol NFT collab with Brazilian tribe yields $3.9 million in a week

Cutting-edge artist Refik Anadol’s latest digital art collection dubbed “Winds of Yawanawa” may be the one lone bright spot in an otherwise dim NFT market.

The project, a collection of “data paintings,” has generated $3.9 million (2,493 ether) in sales over the past week, according to OpenSea data. The eruption of interest in Winds of Yawanawa, a collaboration between the Brazilian indigenous community Yawanawa and Anadol, comes amid a broader NFT market downturn that has seen trading volumes plummet by more than 90% since a bull run bolstered by excitement for mostly low-resolution picture-for-profile NFT collections like Bored Ape Yacht Club and CryptoPunks.

One popular NFT watcher took to X to highlight both the success of Winds of Yawanawa and how large of a portion of overall trading the collection accounted for in a day’s worth of trading.

“Winds of Yawanawa did 451 ETH of volume on OpenSea yesterday, about 25% of the total ETH volume on OpenSea,” posted @punk9059, director of research at Proof Collective, an organization that supports blockchain-powered art. “What’s striking is partially how much [Winds of Yawanawa] is doing, but also how little else is trading.”

Magic Eden’s Tokenized Collections Program Debuts with 100 Physically-Backed Pokémon Cards

Last week, the renowned cross-chain NFT platform, Magic Eden, introduced its groundbreaking Tokenized Collections Program in collaboration with Collector Crypt, a pioneer in bringing physical collectibles to the Web3 space. The program’s inaugural drop, featuring 100 graded Pokémon cards, is set to launch today, Wednesday, October 18, exclusively on the Magic Eden Launchpad.