Odaily News: Axie Infinity co-founder Jihoz stated that while easier access to capital is one factor, the current trend also appears to be driven by issues in the yen and Japanese government bond markets.Jihoz noted that it's important to remember that the problems inherent in the fiat currency and debt system are one of the key reasons Bitcoin was originally created.

Odaily News: Coinbase will suspend perpetual contract trading for the following tokens at approximately 21:00 on August 26: Memecoin (MEME-PERP), The Sandbox (SAND-PERP), Moonbirds (BIRB-PERP), Blur (BLUR-PERP), Katana (KAT-PERP), SPX6900 (SPX-PERP), ZORA (ZORA-PERP), Axie Infinity (AXS-PERP), Gensyn (AI-PERP), and LayerZero (ZRO-PERP). At that time, all remaining open positions will be automatically settled, with the final settlement price calculated as the average index price over the 60 minutes prior to the trading suspension, and the funding rate for the last funding period will be set to zero.

According to SoSoValue data on June 22, most sectors of the cryptocurrency market saw gains, with the AI sector performing notably well, rising 2.87% in 24 hours. Within this sector, Unibase (UB) surged 54.91%, Billions Network (BILL) rose 8.37%, and Worldcoin (WLD) climbed 6.26%.Other standout sectors include: the DeFi sector, which rose 1.02% in 24 hours, with LAB (LAB) increasing by 20.69%; the CeFi sector gained 0.63%, with OKB (OKB) up 1.41%; the Meme sector rose 0.56%, driven by OFFICIAL TRUMP (TRUMP) which saw a 7.77% increase; the Layer 2 sector edged up 0.21%, with Polygon (formerly MATIC, now POL) rising 0.93%; and the Layer 1 sector increased by 0.20%, with Aptos (APT) gaining 2.76%.In other sectors, the PayFi sector dipped by 0.03%, although Ultima (ULTIMA) managed a 5.08% gain; the GameFi sector fell by 2.61%, with Axie Infinity (AXS) experiencing a significant drop of 14.40%.Reflecting historical sector performance, the crypto sector indices showed that the ssiMeme, ssiCeFi, and ssiMAG7 indices posted gains of 0.79%, 0.66%, and 0.60%, respectively.

Odaily Odaily Planet Daily reports, Ronin, the gaming-focused blockchain behind Axie Infinity, will migrate from an independent sidechain to an Ethereum Layer 2 network (L2) via a hard fork on May 12. The upgrade adopts the OP Stack architecture and is expected to trigger approximately 10 hours of network downtime, during which transfers, swaps, contract interactions, and on-chain gaming activities will all be paused.This upgrade simultaneously introduces the Proof of Distribution mechanism, which automatically rewards ecosystem builders based on their actual network contributions. In terms of tokenomics, RON's inflation rate will be drastically reduced from over 20% to below 1%; the 90 million RON originally allocated for staking rewards will be transferred to the treasury fund; and the market fee will be increased from 0.5% to 1.25% to enhance network security, scalability, and long-term economic stability. (CoinDesk)

According to SoSoValue data, the cryptocurrency market continues to correct, with Bitcoin (BTC) dropping 0.66% to above $77,000, and Ethereum (ETH) declining 0.24% to below $2,300. The AI sector performed notably, rising 0.96% in 24 hours, with Bittensor (TAO) up 4.20%, Unibase (UB) up 18.84%, and SkyAI (SKYAI) up 35.11%. Additionally, the GameFi sector gained 0.40%, with Axie Infinity (AXS) and GALA rising 2.64% and 2.45% respectively.In other sectors, the Layer 2 sector fell 0.06% in 24 hours, but Celestia (TIA) rose 4.05%; the CeFi sector declined 0.44%, with Aster (ASTER) gaining 2.55%; the Layer 1 sector dropped 0.88%, while Humanity (H) surged 26.66% intraday; the Meme sector fell 1.17%, with Pump.fun (PUMP) bucking the trend to rise 6.66%; the PayFi sector decreased 1.21%, with Safe (SAFE) remaining relatively firm, up 1.75%; and the DeFi sector fell 1.48%, with Block Street (BSB) rising sharply by 18.11%.Crypto sector indices reflecting historical sector performance show the ssiGameFi index rising 0.52%, while the ssiMeme and ssiNFT indices fell 2.38% and 2.34% respectively.

Odaily News On April 15, according to SoSoValue data, the overall cryptocurrency market experienced volatile and divergent adjustments, with most sectors declining. The GameFi sector fell 5.02% over 24 hours. Within the sector, The Sandbox (SAND) and Axie Infinity (AXS) dropped 2.41% and 1.94%, respectively. Only the CeFi and Meme sectors showed relative resilience, rising 0.40% and 0.23%, respectively. Within the CeFi sector, Gate (GT) rose 2.52%, and Binance Coin (BNB) gained 0.66%. In the Meme sector, Binance Life continued its significant surge, rising 66.27%.Additionally, Bitcoin (BTC) rose 0.40%, reclaiming the $74,000 level after briefly surpassing $76,000 during the session. Ethereum (ETH) corrected by 1.28%, having breached the $2,400 mark intraday.In other sectors, the PayFi sector fell 0.30% over 24 hours, while SafePal (SFP) rose 1.60%. The Layer1 sector declined 0.53%, but TRON (TRX) gained 0.96%. The DeFi sector dropped 0.68%, though the newly launched Genius (GENIUS) token surged 24.72%. The Layer2 sector fell 1.90%, with Mantle (MNT) dropping 3.45%.The cryptocurrency sector indices reflecting historical performance showed declines: the ssiAI, ssiSocialFi, and ssiDePIN indices fell 4.02%, 2.99%, and 2.30%, respectively.

According to SoSoValue data, the crypto market sectors have fallen for three consecutive days. The SocialFi sector dropped 4.65% in 24 hours, with Toncoin (TON) within the sector falling 5.48%. Meanwhile, Bitcoin (BTC) fell 0.88% in 24 hours, briefly dipping below $69,000 during the session. Losses have since narrowed, with the price recovering above $70,000. Ethereum (ETH) fell 1.94%, breaking below $2,200. Only the GameFi sector showed notable performance, rising 0.24% in 24 hours, with Axie Infinity (AXS) within the sector rising 3.84%.In other sectors, the PayFi sector fell 0.50% in 24 hours, but eCash (XEC) rose 2.55%. The Meme sector fell 1.15%, with PIPPIN (PIPPIN) within the sector surging 12.38%. The Layer1 sector fell 1.31%, with Zcash (ZEC) down 6.13%. The Layer2 sector fell 1.43%, with Celestia (TIA) down 3.08%. The CeFi sector fell 1.45%, with OKB (OKB) down 3.15%. The DeFi sector fell 1.49%, with Morpho Token (MORPHO) remaining relatively resilient, rising 2.15%.The crypto sector indices reflecting historical sector performance show that the ssiSocialFi, ssiDeFi, and ssiLayer1 indices fell by 4.89%, 1.62%, and 1.23%, respectively.

According to data from SoSoValue, the cryptocurrency market experienced a minor rebound after consecutive declines. Bitcoin (BTC) rose 0.45% over 24 hours, fluctuating narrowly around the $70,000 mark. Ethereum (ETH) increased by 3.15%, breaking through $2,100. Meanwhile, the GameFi sector performed relatively well, rising 2.24%. Within the sector, Axie Infinity (AXS) surged 16.31%, and The Sandbox (SAND) gained 1.85%.In other sectors, the PayFi sector rose 2.10% over 24 hours, with Monero (XMR) up 6.22% and XRP (XRP) up 2.06%. The Meme sector increased by 1.18%, with MemeCore (M) rising 11.41% within the sector. The Layer1 sector gained 0.89%, with Solana (SOL) up 1.58%. The CeFi sector rose 0.84%, with NEXO (NEXO) up 3.47%. The Layer2 sector increased by 0.37%, with zkSync (ZK) up 5.28%. The DeFi sector edged up 0.03%, with River (RIVER) rising 7.79%.The cryptocurrency sector indices reflecting historical sector performance showed that the ssiRWA, ssiGameFi, and ssiDePIN indices rose by 4.42%, 4.24%, and 1.60%, respectively.

1. Yi Lihua: ETH price target above $10,000, optimistic about performance in the new bull market;2. Market News: US House of Representatives approves funding bill to end government shutdown;3. Tom Lee: The cryptocurrency market may have already hit or be near a bottom;4. Kraken's parent company reports FY2025 results: Revenue of $2.2 billion, up 33% year-over-year;5. Vitalik: Ethereum L2's old model is "dead," new paths need to be found;6. US Senate Democrats plan closed-door meeting on crypto market structure tomorrow;7. Bitwise CEO: Bitcoin currently lacks a clear "Schelling point-style price catalyst";8. White House Crypto Advisor: Crypto bill will not accept provisions targeting Trump personally;9. Ondo launches real-time on-chain trading service for US stock IPOs post-listing;10. Axie Infinity plans to launch new token bAXS and conduct two airdrops;11. Y Combinator: Will offer USDC financing option to startups starting from Spring 2026 batch;12. Coinbase: Major Australian banks imposing "illegal de-banking" on crypto companies;13. Grayscale CoinDesk Crypto 5 ETF to add BNB;14. Galaxy Digital Q4 2025 net loss of $482 million, exceeding analyst expectations;15. Avalanche Policy Alliance launches advisory committee to promote global crypto regulatory coordination;16. Nevada court issues temporary restraining order, deems event markets offered by Polymarket constitute unlicensed gambling.

Odaily News Axie Infinity announced in an official blog post that AXS will become the reserve currency for the new application token, Bonded AXS (bAXS). As an ERC20-C token, bAXS shares the same utility functions as AXS, including being used for Axie evolution, breeding, forging items in App.axie, and staking, among others.The project team will conduct two rounds of bAXS airdrops targeting AXS stakers and based on Axie Score. The first airdrop pool consists of 100,000 bAXS, with the snapshot taken at 00:01 UTC on February 5. Eligibility for claiming requires wallets staking at least 10 AXS. Details for the second airdrop are pending, and staking the bAXS received from the first airdrop will increase the weight for the second airdrop.Furthermore, Axie Homeland will be gradually phased out and replaced by the new land game, Terrariums. Terrariums is expected to launch its MVP version in Q2 2026, at which point bAXS will officially go live. Players will be able to earn bAXS rewards through various activities within Terrariums.