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According to market news, the blockchain gaming infrastructure platform Power Protocol has received a $3 million investment from Bitkraft Ventures, bringing the total funding to $15.5 million.Power Protocol has built infrastructure for several partner studios, including Pixion Games, the developer of Fableborne. Its aim is to create scalable systems for multiple games, allowing game developers to adopt POWER token economics and share on-chain infrastructure, rather than launching isolated chains and tokens.

According to Kalshi CEO Tarek Mansour, the prediction trading platform Kalshi has entered the institutional sports risk hedging sector, partnering with brokerage firm Game Point Capital to help teams hedge performance bonus expenditures.It is reported that Game Point Capital issues hundreds of millions of dollars in sports insurance annually, primarily providing performance bonus insurance for teams and players. These policies can help sports clubs alleviate the financial pressure caused by large contract bonuses triggered by milestones such as qualifying for the playoffs or winning the championship.

GameStop transferred all of its 4,710 bitcoins to Coinbase Prime in January, sparking speculation in the market about a potential sell-off. The company had previously built a bitcoin position of about $500 million, which is now valued at approximately $362.4 million. CEO Ryan Cohen stated in an interview with CNBC on Friday that the company is shifting towards a transformative acquisition strategy, claiming that this plan is more attractive than bitcoin.Cohen declined to disclose whether the company would liquidate its bitcoins but emphasized that the acquisition plan is transformative not only for GameStop but for the entire capital market. Following the announcement, GameStop's stock price rose by about 8.25% to $25.85.

According to SoSoValue data, the cryptocurrency market sector has generally rebounded, with the DeFi sector performing outstandingly, rising 3.53% in 24 hours. Within the sector, Hyperliquid (HYPE) increased by 11.85%, and Morpho Token (MORPHO) rose by 9.10%. Meanwhile, Bitcoin (BTC) increased by 1.75%, recovering above $78,000; Ethereum (ETH) rose by 2.41%, breaking through $2,300.Other standout sectors include: the Meme sector, which rose 2.21% in 24 hours, with MemeCore (M) increasing by 12.42%; the Layer2 sector, which rose by 1.83%, with Stacks (STX) increasing by 14.71%; the CeFi sector, which rose by 1.52%, with Cronos (CRO) increasing by 7.71%; and the Layer1 sector, which rose by 1.46%, with Kaspa (KAS) increasing by 5.80%.In other sectors, the AI sector rose by 1.32%, with Kite (KITE) increasing by 9.47%; the RWA sector rose by 1.25%, with Keeta (KTA) increasing by 11.82%; and the PayFi sector rose by 0.26%, with Telcoin (TEL) increasing by 11.07%.Additionally, the NFT and GameFi sectors fell by 0.86% and 1.53%, respectively.The cryptocurrency sector indices reflecting historical market trends show that the ssiDeFi, ssiLayer2, and ssiMeme indices rose by 4.24%, 1.97%, and 1.86%, respectively.

According to CoinDesk, as the U.S. Congress failed to complete the full legislative process for the funding bill, the U.S. government is expected to enter a short-term, partial shutdown starting Saturday Eastern Time. However, this event also highlights the issue of "definition precision" in prediction markets. The prediction contracts on Polymarket and Kalshi regarding "whether the U.S. government will shut down" show differences due to varying definitions of triggering conditions. The relevant contracts on Polymarket indicate a shutdown probability of about 88%, while similar contracts on Kalshi have a probability as high as approximately 93%. This discrepancy may be because some contracts consider the formal announcement of a shutdown by the Office of Personnel Management (OPM) as the basis for settlement, meaning that even a partial shutdown is regarded as valid. This event underscores the sensitivity of prediction markets to contract triggering conditions, official confirmation entities, and timelines in macro events, with the details of the contracts themselves becoming an important factor influencing the odds.

According to SoSoValue data, the overall cryptocurrency market is showing a slight upward trend, with the DeFi sector performing exceptionally well, rising 3.68% in 24 hours. Among them, Hyperliquid (HYPE) surged by 27.77%, Lighter (LIT) increased by 11.16%, and Jupiter (JUP) rose by 6.47%. Meanwhile, Bitcoin (BTC) increased by 0.82%, approaching the $90,000 mark. Ethereum (ETH) rose by 2.67%, breaking through $3,000.It is noteworthy that MAG7.ssi increased by 1.56%, DEFI.ssi rose by 6.67%, and MEME.ssi went up by 3.05%.Other standout sectors include: the AI sector, which rose by 2.19%, with Kite (KITE) increasing by 7.99%; the Meme sector, which increased by 2.01%, with PIPPIN (PIPPIN) surging by 62.31%; and the Layer1 sector, which rose by 1.83%, with Zcash (ZEC) increasing by 7.38%.In other sectors, the CeFi sector rose by 1.52%, with Aster (ASTER) increasing by 3.89%; the Layer2 sector rose by 0.56%, with Mantle (MNT) increasing by 3.28%; the RWA sector rose by 0.48%, with Keeta (KTA) increasing by 15.31%; and the PayFi sector rose by 0.01%, with Bitcoin Cash (BCH) increasing by 3.12%.Additionally, the DePIN and GameFi sectors fell by 0.86% and 1.91%, respectively.The cryptocurrency sector indices reflecting historical market trends show that the ssiDeFi, ssiAI, and ssiLayer1 indices rose by 6.19%, 4.38%, and 2.24%, respectively.

Moonbirds announced on the X platform that Nesting 2 is officially live. Holders of Moonbirds, Mythics, and Oddities NFTs can acquire BIRB tokens through a new design mechanism aimed at aligning holders with the long-term growth of the ecosystem.Users will receive a soulbound NFT corresponding to their NFT after depositing it into the nesting protocol, and the NFT will no longer be available on the market during the nesting period. Over the next 24 months, the nested NFTs can claim 1/24 of their allocated amount on the 28th of each month. If the NFT was nested for only part of the month before the claim date, the corresponding amount will be claimed proportionally. All NFTs nested within the first 7 days will be considered as having nested for a full month. Additionally, Moonbirds announced the launch of the gaming experience Birb Game One, which will be open to interested users at the start of the TGE. The Birb series of games will serve as a mechanism to redistribute unclaimed tokens from the community pool back to the community. Previously, Moonbirds announced the BIRB token economic model: community allocation accounts for 65%.

According to Decrypt, the free role-playing game "Forgotten Runiverse," based on the Ethereum scaling network Ronin, announced that it will shut down its servers and suspend operations this Tuesday. The game development team stated on the social media platform X that despite their efforts to overcome many obstacles, "it has reached a point where maintaining the game environment in its current state is no longer financially viable.""Forgotten Runiverse" is set in the story background of the Ethereum NFT collection "Forgotten Runes Wizard's Cult," which launched globally last year but announced its closure in less than a year. The team stated that all accounts and progress data will be securely saved, but the game will be inaccessible while the team evaluates potential development paths.

According to SoSoValue data, the overall trend of the cryptocurrency market sector is upward. The GameFi sector, which saw a significant decline yesterday, has rebounded with a 4.64% increase in the last 24 hours. Within the sector, Axie Infinity (AXS) surged by 36.94%, Ronin (RON) rose by 12.36%, and The Sandbox (SAND) increased by 3.49%. Meanwhile, Bitcoin (BTC) rose by 1.23%, breaking through $88,000. Ethereum (ETH) increased by 1.70%, surpassing $2,900.In other sectors, the DeFi sector rose by 3.32% in the last 24 hours, with Hyperliquid (HYPE) increasing by 13.72%; the Layer2 sector rose by 1.63%, with Linea (LINEA) up by 10.36%; the Layer1 sector increased by 1.54%, with Zcash (ZEC) rising by 7.62%; the PayFi sector rose by 1.54%, with Dash (DASH) up by 4.35%; the Meme sector increased by 1.40%, with Pump.fun (PUMP) rising by 9.61%; and the CeFi sector rose by 1.19%, with Aster (ASTER) increasing by 5.25%.The cryptocurrency sector indices reflecting the historical market performance show that the ssiGameFi, ssiDeFi, and ssiLayer1 indices rose by 7.48%, 4.12%, and 1.60%, respectively.

American renowned "Big Short" Michael Burry posted, "I hold GameStop (GME) and have been buying recently. I expect that the price I bought in at may soon approach 1 times the tangible book value and 1 times the net asset value. I do not expect to realize long-term value through a short squeeze and am willing to hold long-term."Affected by this news, GameStop's stock price surged by 8.8% during intraday trading on Monday, closing at $24.01, an increase of 4.44%.

According to SoSoValue data, the cryptocurrency market sector has generally declined, with the GameFi sector leading the drop at 4.90% over the past 24 hours. Within the sector, The Sandbox (SAND) fell by 8.85%, Axie Infinity (AXS) dropped by 18.23%, but Beam (BEAM) rose against the trend by 19.02%. Meanwhile, Bitcoin (BTC) decreased by 1.84%, falling below $88,000; Ethereum (ETH) fell by 2.34%, dropping below $2,900.In other sectors, the CeFi sector declined by 1.55% over the past 24 hours, with Aster (ASTER) down by 6.86%; the PayFi sector dropped by 2.03%, with Monero (XMR) falling by 10.25%; the Meme sector decreased by 2.10%, with PIPPIN (PIPPIN) down by 18.01%; the Layer1 sector fell by 2.25%, with TRON (TRX) remaining relatively strong, rising by 0.34%; the DeFi sector declined by 3.10%, with River (RIVER) surging again by 30.71%; the Layer2 sector dropped by 4.63%, but Movement (MOVE) rose by 2.38%.The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi, ssiLayer2, and ssiAI indices fell by 6.05%, 4.93%, and 4.39%, respectively.

GameStop has transferred all of its 4,710 bitcoins to Coinbase Prime, sparking speculation in the market about its potential sale of bitcoin assets. The current value of this bitcoin is approximately $422 million. This transfer "likely indicates preparations for a sale." If sold at an approximate price of $90,800 per bitcoin, GameStop could realize a paper loss of about $76 million. Previously, GameStop purchased the aforementioned bitcoins in batches at an average price of $107,900 in May of this year. As of now, GameStop has not publicly responded to whether it will sell the bitcoins.

According to market news, GameStop is suspected of transferring all on-chain BTC to Coinbase Prime, possibly for sale.

According to SoSoValue data, the overall trend of the cryptocurrency market is downward, with only the GameFi, AI, and RWA sectors remaining relatively strong, rising 1.06%, 0.98%, and 0.67% respectively in the last 24 hours. Within the GameFi sector, The Sandbox (SAND) increased by 8.57%, and Axie Infinity (AXS) rose by 7.06%. In the AI sector, Render (RENDER) went up by 5.36%, while the newly launched Sentient (SENT) surged by 482.08%.In the RWA sector, Pendle (PENDLE) and Sky (SKY) rose by 2.08% and 2.35% respectively. Additionally, Bitcoin (BTC) fell by 0.35%, dropping below $90,000; Ethereum (ETH) decreased by 2.10%, falling below $3,000.In other sectors, the CeFi sector dropped by 0.09% in the last 24 hours, with NEXO (NEXO) remaining relatively strong, rising by 0.53%; the Layer1 sector fell by 0.37%, but Zcash (ZEC) increased by 3.33%; the DeFi sector decreased by 0.97%, with River (RIVER) maintaining an upward trend, rising again by 27.07%; the PayFi sector dropped by 1.53%, while SafePal (SFP) rose against the trend by 4.63%; the Meme sector fell by 2.20%, with PIPPIN (PIPPIN) surging by 3.52% during the session; the Layer2 sector decreased by 2.98%, with Merlin Chain (MERL) dropping by 19.10%.The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi and ssiRWA indices rose by 2.73% and 1.43% respectively, while the ssiLayer2 index fell by 3.21%.