🎮 Web3 Gaming and Tech

• Shrapnel migrates from Avalanche to Gala Games to connect to China’s Copyright Chain

  • In April, Shrapnel was “bought out” by the Chinese Government

• Ronin announced its Forge Innovation Grant

  • A $300K fund for game and app builders on Ronin

• Proof of Play Arcade - Infinite Tides released on Abstract yesterday

  • A Pirate Nation mini-game, where you buy credits, play runs, and earn Abstract XP

• Pixelvault is in the process of potentially winding down the company

  • Wolf Game might still be sold to Seedphrase, and other PV assets are for sale as well

  • GFunk isn’t the CEO anymore, nor has he shown up for over 30 days

• YGG Play announced Gigaverse as its first third-party publishing partner

  • As part of the partnership, they released a new Gigaverse-themed board in YGG’s LOL Land

• Football.Fun’s Pro Packs are going on sale on the 5th of August

• PlaysOut released its $PLAY token this week on Binance Alpha and Futures

  • The token is trading at a ~$14M MC and ~$192M FDV

• Axie Infinity is finally expanding to merch by releasing plushies

• Delabs launched its DELABS token this week on Gate, Bitmart, and Coinone

  • The token is trading at a ~$12M MC and ~$48M FDV

🚀 Nexus V1 Launch

Welcome to edition #88 of the Nexus Power Up Newsletter. Nexus is here to keep you connected to onchain markets, wherever you are.

Try the free features (trading, game database, crypto market overview, and token and NFT charts) of the platform 👇

You can also get access through:

• Getting a Nexus Pass NFT now for exclusive lifetime access

Don't miss out—follow our journey on Hustle's Twitter, YouTube channels, and Nexus Twitter.

📈Macro Cryptocurrency News

• Trump confirmed a tariff deal with the EU this week, reducing levies from 30% to 15%. This agreement alleviated trade tension concerns, contributing to a renewed wave of optimism in crypto markets.

• The Fed maintained a cautious stance, with a high probability (95.7%) of keeping interest rates steady in July.

• The U.S. is advancing toward clearer crypto regulations, with the "GENIUS Act," "CLARITY Act," and "Anti-CBDC Surveillance National Act" signaling a shift to a "sunshine regulation" era.

• Robinhood’s earnings doubled, and it saw a major jump in crypto revenue. However, crypto revenue didn’t meet analysts’ expectations

• Spot ETFs see $55B inflows in 2025. Over the past 33 trading days, 29 have seen net positive flows, driving this number.

• SEC Chair Paul Atkins wants to move financial markets onchain. “Today I am announcing the launch of ‘Project Crypto”

🌟Token Spotlight by Hustle

• Coin of the Week: BNB

• Market Cap: ~$109.4B

• What is BNB? Binance’s token recently reached an ATH of ~$860, and has seen strong onchain activity lately in its DEX trading volume, stablecoin inflows, and TVL growth. If the broader market continues to gain strength, BNB will likely do so as well.

• Delve into Hustle's market wisdom with his “Daily Watchlist” and deep-dive analysis available on the TTOO Discord server and through his “In the Game" show. 

Nexus Tweets

See you next week!