Web3 Watch: Classic fighter Samurai Shodown comes to Sui

Sui, the MoveVM-based layer-1 blockchain, announced last Thursday that the roleplaying game Samurai Shodown R will be available on its upcoming SuiPlay0X1 handheld gaming device.

Samurai Shodown was a classic 1993 Sega fighting game that was re-released as a massive multiplayer online roleplaying game (MMORPG) in 2019. 

The new Samurai Shodown R is developed by Lumiwave, a blockchain company focused on bringing intellectual property onchain.

Anthony Palma, head of gaming partnerships and investments at Mysten Labs, said of the launch: “With Sui’s unique infrastructure, LumiWave is able to deliver a truly seamless Web3 experience, where features like evolving NFTs and…

Read more on Blockworks

Chair Powell says he won’t step aside if Trump asks 

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

This week’s FOMC meeting ended as expected Thursday, with central bankers opting to lower interest rates by 25 basis points. President-elect Donald Trump, however, may have been caught off guard by some of Fed Chair Jerome Powell’s comments. 

Powell asserted yesterday that he had no intention of leaving his post before his term ends in 2026, even if Trump asks him to step aside. 

“No,” Powell said simply when asked during the post-FOMC press conference if he would resign at the new administration’s request. 

To be clear, Trump said in June that he would allow Powell —…

Read more on Blockworks

Half Way Through The 4 Year Bitcoin Cycle

Bitcoin has historically followed a familiar four-year cycle. Now, two years into the current cycle, investors are closely watching patterns and market indicators for insights into what the next two years may hold. This article dives into the anatomy of Bitcoin’s four-year cycle, past market behavior, and future possibilities.

The 4 Year Cycle

Bitcoin’s four-year cycle is partly influenced by the scheduled halving events, which reduce the block reward miners receive by 50% every four years. This halving decreases the supply of new Bitcoin entering the market, often creating supply-demand pressures that can push prices higher.

This can be clearly visualized by the Stock-to-Flow Model,…

Read more on BitcoinMagazine

Solana upgrades software as validators see fortunes shift

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Two months ago, I reported on some of the woes facing Solana’s smaller validators, which are computer nodes that verify Solana’s ledger is accurate. Solana’s fees and tips were in decline amid apparent fatigue from memecoin traders. In response, the Solana Foundation — the non-profit charged with supporting Solana — set a cap on the commissions that validators could charge while receiving a staking delegation from the foundation, which is a necessity for some small validators. 

Most crucially, the price of SOL was languishing, limiting upside for validators’ biggest potential…

Read more on Blockworks

Don’t Lose Sight Of The Bitcoin Mission

Follow Frank on X.

Now that Trump has been elected, Bitcoin enthusiasts and companies alike are more optimistic about the future of Bitcoin in the United States. We can clearly see this reflected in the price of bitcoin, which continues to reach new all-time highs in the wake of the election.

While it’s exciting for to watch US Bitcoiners breathe something of a collective sigh of relief as bitcoin’s price pumps (which is important), it’s also essential…

Read more on BitcoinMagazine