🎮 Web3 Gaming and Tech

• The SUP Foundation is aiming to bring 200M+ of its lifetime gamers onchain

  • The initiative is coming from Super Gaming, a successful Web2 studio

  • This week, they announced they raised an additional $15M

• Oh Baby Games is working on a chain

• The Degen Arena docs are live. The docs cover everything new in the return of the game mode

  • Degen Arena #1 generated $88M in its first 3 months on Blast, and $100M in total (including its private Alpha on Base)

• Sparkball shares how the studio is financially struggling after its latest investment deal fell through

• “Crypto gaming”, as a search term, is on the rise again

  • Whether dino coins like ILV pumping is related remains unclear

• Might & Magic Fates, the new TCG by Ubisoft on Immutable, announced its Founder Keys NFT collection

• YGG allocated 50M $YGG tokens (~$7.5M) to a new ecosystem pool

  • The funds will be used for its newly founded onchain guild to explore yield-generating strategies

• Aria announced that it raised $5M in its latest funding round

• Karrat announced a partnership with Animoca Brands

  • A strategic and working partnership that includes Animoca buying $KARRAT of the open market

🚀 Nexus V1 Launch

Welcome to edition #90 of the Nexus Power Up Newsletter. With Hyperliquid’s recent listing of Succinct’s token, you can now trade $PROVE perps, and long or short up to 3x leverage (listing does not imply endorsement, NFA).

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

• President Donald Trump signed an executive order allowing private equity, real estate, cryptocurrency, and other alternative assets in 401(k) plans. 

• MetaMask is reportedly planning to launch a new stablecoin, "MetaMask USD" (mmUSD), in partnership with Stripe, aiming to integrate it into its ecosystem for enhanced DeFi usability.

• The SEC clarified that certain liquid staking activities do not constitute securities offerings, providing regulatory relief to participants in the crypto staking market.

• The White House is preparing an executive order to penalize banks discriminating against conservatives, aiming to enforce fair banking practices.

• President Trump is expected to announce replacements for key positions at the Federal Reserve and Bureau of Labor Statistics in the coming days, signaling potential policy shifts.

• The U.S. Securities and Exchange Commission (SEC) has initiated a new program called 'Project Crypto.' 

  • This initiative aims to modernize securities regulations and oversight to facilitate the integration of blockchain technology into the U.S. financial markets.

• The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, as was expected.

• Meta and Microsoft stocks surged, following the companies' impressive earnings reports that exceeded expectations for both revenue and profit.

🌟Token Spotlight by Hustle

• Coin of the Week: ENA

• Market Cap: ~$4.2B

• What is Ethena? Recently, Ethena integrated liquid leverage into its platform using Aave, which increased capacity and yields. This development is driving inflows and adoption of Ethena’s USDe and sUSDe, thereby strengthening the protocol’s ecosystem. It also boosts ENA’s utility and demand as the governance token.

• 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!