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Today’s Cryptocurrency Headline

Sebastien Borget, co-founder and chief operating officer of The Sandbox, an Ethereum-based metaverse game, said in an interview that the game will launch playtesting periods similar to the Alpha season every few months in 2022 to draw further feedback from LAND owners. The Sandbox will be migrated to Polygon to reduce the high transaction costs and network congestion when interacting with the game. In addition, it will also launch a DAO in 2022. Borget said the game will be more widely available to the public once LAND-owning creators are able to build and share their interactive experiences and the game makes the transition to Polygon. 

BingX’s Bitcoin Chart

Source: TradingView& BingX

MicroStrategy purchased another 1,914 Bitcoins for approximately $94.2 million in cash or $49,229 per coin. As of December 29, 2021, MicroStrategy holds a total of 124,391 Bitcoins, purchased for nearly $3.8 billion, or an average price of $30,159 per coin. After an early morning dip below $46,000, BTC is now battling for control of support near $47,500. In the short term, BTC price is still not out of the downtrend channel unless the $52,000 pressure level is regained.

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