Web3WeeklyWonders: Unveiling Web3's Hottest Trends - Bitcoin Surges, KING Royal Thrills, Fear4Tez Chills, & Flooring Protocol's Artful Twist!

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Get ready for your regular dose of all things Web3 – from NFT magic to blockchain brilliance! Stay in the loop with the latest trends, innovations, and stories shaping the decentralized world.

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Unraveling the Bitcoin Surge: The Ripple Effect of Fake Blackrock ETF Approval News

In the tumultuous realm of cryptocurrencies, a single piece of fabricated news recently sent shockwaves through the market and sparked an explosive rise in the value of bitcoin. The misinformation, which initially spread like wildfire, claimed that the U.S. Securities and Exchange Commission (SEC) had given the green light to Blackrock's Ishares Spot Bitcoin exchange-traded fund (ETF). This news, however, lacked the critical approval of both the SEC and Blackrock.

The Meteoric Rise and Rapid Fall

It all began on a busy Monday when Cointelegraph, a renowned cryptocurrency news platform, made an earth-shattering announcement - or so it seemed. The headline screamed that Blackrock's Spot Bitcoin ETF had received regulatory approval. This unverified tidbit took the crypto world by storm, and in the blink of an eye, the price of bitcoin shot up more than 10% against the U.S. dollar. However, something was amiss - there was no official confirmation from either the SEC or Blackrock.

The entire crypto market, driven by the lure of a Blackrock ETF, rallied behind this tantalizing rumor. The price of bitcoin jumped from $27,700 to a staggering $29,900 after Cointelegraph's viral social media post about "X. The stage was set for a frenzied bull run. But the truth was a far cry from the euphoria.

The Truth Unfolds

Amid the chaos and FOMO (fear of missing out), Fox News reporter Eleanor Terrett did what journalists do best - she sought out the truth. BlackRock quickly debunked the news as "false" and emphatically stated that its ETF filing was still in the SEC's crosshairs.

Further digging revealed more contradictions. Blackrock reiterated its position to The Block, reiterating that the ETF was very much in a state of pending approval. A Bloomberg ETF expert, James Seyffart, minced no words, denouncing Cointelegraph's social media post as "fake news" due to a glaring lack of corroborating evidence.

The aftermath

As the cryptoverse grappled with the shocking revelation, bitcoin, which had flirted with $30,000, lost its footing. The cryptocurrency's value plummeted below the $28,000 mark, a stark reminder of the market's inherent volatility.

The question now is: how will the legitimate launch of a Blackrock Bitcoin ETF affect the markets? The roller coaster ride of mere speculation sheds light on the power of institutional investors, public sentiment, and the future of cryptocurrency adoption.

Cointelegraph quickly took corrective action in response to the controversy. They removed the controversial social media post on "X," edited a post on Telegram, and most importantly, added the word "reportedly" to the original statement. The Telegram post in question was also retracted.

In an effort to maintain transparency, Cointelegraph assured the public that an internal investigation was already underway. They promised to share the results within three hours of the investigation's conclusion, reaffirming their commitment to ethical journalism.

Bitcoin's surge on false hopes is a stark reminder of the unpredictable nature of the crypto world. Investors, traders and enthusiasts alike must tread carefully and verify information rigorously, because in this digital frontier, a single tweet can make or break the market. It's a testament to the power and potential dangers of the information age, where a single rumor can send shockwaves across the globe.

Crypto Spotlights - The Epic Saga of KING Royal Season 1: A Thrilling Adventure in the Solana Blockchain Universe

Imagine a world where your journey is powered by the power of the blockchain, where strategic brilliance and daring adventure combine to create a dynamic gaming experience. Welcome to KING Royal Season 1 - an electrifying new era in blockchain gaming.

Getting Started: Minting the KING Royal NFT

The portal to this epic adventure is the minting of the KING Royal NFT, a collection deeply embedded in the Solana blockchain. But there's more to it than meets the eye. For every NFT minted, a significant percentage will go towards the buyback of $KING & $ROYAL, a mysterious and tantalizing aspect that will soon be revealed in the white paper.

Once you've minted your KING Royal NFT, the door to the game opens before you, inviting you to embrace your destiny at https://game.kingroyal.io/.

Embark on your KING journey

Your grand quest begins with a level 1 KING, but the possibilities are endless. Your KING can advance to level 30, growing stronger with each step. With power comes dominion; your KING will command larger armies and seize greater booty with each successful attack, all while accumulating valuable $ROYAL.

Your path to glory is marked by XP earned by conquering zones on the game map. But beware, the XP required to level up grows exponentially, a true testament to your mettle.

A level 1 KING starts with a modest army, a mix of warriors, archers and cavalry. But the power to shape your destiny is in your hands. Spend $ROYAL to upgrade your army and increase the ranks of your warriors, archers and cavalry at each KING level. As you level up, additional slots will be unlocked, giving you the opportunity to strengthen your troops.

Each KING level brings new upgrades, but it's up to you to decide how you want to progress. Increasing the size of your army will increase your chances of conquering the zones, with varying effectiveness depending on the difficulty of the zone.

The game world: Zones, Sublevels and Strategy

The KING's realm is divided into 10 zones, each classified as Easy, Medium, Hard, or the daunting Top Castle. Each zone has Easy, Medium, and Hard sub-levels that offer different challenges to overcome.

Choose your target zone, assemble your army, and prepare for battle. All zones are open to attack from LVL 1, but success rates are finely tuned to the difficulty level of each zone.

Once your army marches onto the battlefield, the battle begins. Victory rewards you with a valuable $ROYAL, a token of your conquest.

Ensure your success: Strategy and Upgrades

Success depends on the strength of your army, the level of your KING, and your upgrades. Each zone has a base success rate that can be increased by investing wisely in upgrades.

Spend $ROYAL strategically to improve your army size, weapons, armor, and KING's strategy. Your choices determine your chances of success, with the quality of your upgrades affecting the outcome.

As you progress, you'll tackle tougher zones and set your sights on the awesome Top Castle. The game scales with your journey, requiring strategic planning and resource management.

KING Royal In-Game Marketplace: Where NFTs Shine

A thriving marketplace lies within the KING Royal ecosystem. Players can trade or sell their KING NFTs, creating a dynamic marketplace that determines the value of KINGs based on earning potential and demand.

While not available at launch, the marketplace is on the horizon, allowing time for valuations to evolve based on game dynamics, resources, and upgrades.

Season 1 Development Milestones

Season 1 is just the beginning. New zones, features, events, and an expanding NFT ecosystem await. Your adventure will never get stale with dynamic quests, tournaments, and a robust social platform that connects players in a unified gaming community.

The Value Proposition of KING Coins and Royal Coins

$KING and $ROYAL are the lifeblood of the KING Royal ecosystem, representing not only currency, but also ownership and utility. In the in-game marketplace, players can trade these tokens for valuable in-game assets, creating a self-sustaining ecosystem where supply and demand reign supreme.

As KING Royal draws more players into its orbit, the demand for these coins will increase, potentially driving up their value. They play a vital role in the game, ensuring a consistent demand that maintains their value.

Join the KING Royal community to not only participate in epic gameplay, but also to participate in management decisions, collaborate, and strategize.

KING Royal Season 1 isn't just a game, it's a journey through an immersive blockchain ecosystem with $KING and $ROYAL at its heart. Get ready to conquer, connect, and reign supreme.

Unveiling the Chills and Thrills: 3rd Annual #Fear4Tez - The Ultimate Tezos Event of the Year!

Ladies and gentlemen, get ready for the thrill of a lifetime, because the 3rd annual #Fear4Tez is here, and it's not for the faint of heart. If you're ready to dive into the darkest, scariest, creepiest and most hair-raising experience in the world of crypto, then you've come to the right place!

Crypto meets horror in spectacular fashion

The 3rd annual #Fear4Tez event promises to be a bone-chilling journey into the heart of Tezos, the blockchain that's boldly making its way through the crypto universe. But this is no ordinary crypto gathering; it's a unique blend of crypto art, real-world pop-ups, and gallery exhibitions that will send shivers down your spine.

Imagine a fusion of Friday the 13th, Day of the Dead, and Halloween all rolled into one spectacular, unforgettable event. #Fear4Tez dares to go where no other Tezos event has gone before, with a commitment to delivering not just crypto innovation, but a wickedly delightful feast for the senses.

Unlocking the Dark Side of Crypto Art

Cryptoart has emerged as a powerful, innovative medium for artistic expression, and at #Fear4Tez you'll explore its shadowy, enigmatic side. Prepare to be mesmerized by a curated collection of the most terrifying and awe-inspiring crypto art you've ever seen. These artists, emboldened by the spirit of Tezos, have pushed the boundaries of the imaginable to create a world where crypto and the macabre collide.

Real-world pop-ups and galleries

But that's not all. #Fear4Tez goes beyond the digital realm to bring you real-world pop-up events and galleries. Step into a world where the crypto horrors you've seen online come to life. Whether you're navigating a maze of eerie sculptures, wandering through a haunted crypto art gallery, or standing in the presence of life-size crypto creatures, you'll be transported to a realm where art and technology converge.

Friday the 13th, Day of the Dead, Halloween - all in one!

Friday the 13th brings the allure of the unknown, where anything can happen. Day of the Dead celebrates life and death in a riot of color and culture. Halloween, of course, is the epitome of fear and fantasy. And at #Fear4Tez, these elements come together in an explosive brew that defies explanation.

Imagine being surrounded by ghoulish apparitions, reveling in the beauty of the afterlife, and surrendering to the eerie magic of Halloween. It's a trifecta of terror and wonder, a feast for the bold and the brave, the adventurers who dare to explore the mysterious depths of Tezos.

Don't miss the event of the year

If you're a crypto enthusiast with a taste for the dark and daring, #Fear4Tez is an event not to be missed. As Tezos continues to shine in the world of blockchain technology, it's only fitting that its most dedicated followers celebrate in a style that's bold and unforgettable.

Mark your calendars, gather your courage, and prepare to descend into the depths of crypto's darkest corners. The 3rd annual #Fear4Tez promises to be an adventure that will keep you on the edge of your seat and leave you wanting more.

Join us, if you dare, for an experience that will thrill, chill, and redefine your perception of crypto art and technology. The Tezos event of the year is here, and it's time to embrace the unknown at #Fear4Tez!

Take a look now, if you dare…

ThreadTreasures - Flooring Protocol's Fungible Token Revolution for NFT Collections

In the world of blockchain and decentralized exchanges, trading NFTs has been a revolutionary concept. However, what if we told you that on the Flooring Protocol, the focus is not on trading the NFTs themselves, but rather on fungible tokens that are intricately tied to specific NFT collections? This innovative approach is changing the game and opening up exciting possibilities in the world of digital assets.

Thank you for joining me on this thrilling journey through the world of Web3 and crypto innovations! I hope you enjoyed reading the newsletter and found it informative.

Your opinion matters! I'd love to hear your thoughts, suggestions, or any topics you'd like to explore in the future. Feel free to reach out to me through my social media accounts linked below.

Together, let's shape a brighter and more inclusive future with decentralized technology. Stay curious, stay informed, and stay connected!

Happy hodling and smooth sailings in the cryptoverse! 🚀✨

Eragoth.Crypto