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Ethereum ETHUSD price has broken down from the midpoint of the daily rising channel after weeks of tight volatility. If the $2,264 support doesn't hold, it opens the door for a drop down to $2,070.
The second-largest crypto is currently trading around $2,291, having experienced a drop of about 0.93% in the last 24 hours.
Meanwhile, the ETH/BTC pair has also broken down from its own 12-hour chart's rising channel, clearly indicating a retest of the broken support and pointing towards the 0.028 BTC level.

$PIXEL #pixel
What key events have there been for Pixels?
Pixels (PIXEL) is a social casual web3 game powered by the Ronin Network, featuring an open-world environment focused on farming, exploration, and creation. The native utility and governance token, PIXEL, plays a crucial role in the ecosystem, facilitating various in-game functions such as NFT minting, VIP memberships, guild participation, and quality of life upgrades.
One of the earliest significant events for Pixels was the launch of the game, which introduced players to its immersive open-world experience. This launch marked the beginning of Pixels' journey in the web3 gaming space, attracting a growing community of players interested in blockchain-based gaming.
Following the initial launch, the release of Chapter 2.5 was another pivotal moment. This update brought new gameplay mechanics and core pillar enhancements, enriching the player experience and expanding the game's universe. The introduction of Chapter 2.5 demonstrated Pixels' commitment to continuous improvement and innovation within its ecosystem.
In addition to gameplay updates, Pixels announced the Moki Mates Energy Party, an event designed to engage the community and celebrate the game's milestones. This event highlighted the social aspect of Pixels, fostering a sense of camaraderie among players and enhancing the overall community experience.
NFT integrations have also been a significant development for Pixels. By incorporating NFTs into the game, Pixels has enabled players to mint new NFTs using PIXEL, further intertwining the game's economy with blockchain technology. This integration has opened up new opportunities for players to own and trade unique digital assets within the Pixels ecosystem.
The launch of Pixels on a new exchange was another key event, increasing the accessibility and liquidity of PIXEL. This move allowed a broader audience to participate in the Pixels ecosystem, driving further adoption and growth.
Significant funding rounds have played a crucial role in Pixels' development. These investments have provided the necessary resources to enhance the game's infrastructure, expand its features, and attract more players to the web3 gaming industry. The influx of capital has positioned Pixels for sustained growth and innovation in the competitive crypto gaming market.
Pixels has also been successful in attracting players to the web3 gaming industry, leveraging the rise of crypto gaming to build a robust and engaged community. The game's unique blend of farming, exploration, and creation, combined with its blockchain-based economy, has resonated with players seeking new and innovative gaming experiences.
Updates to the game's core pillars, gameplay mechanics, and community guidelines have been ongoing, reflecting Pixels' dedication to maintaining a dynamic and evolving ecosystem. These updates ensure that the game remains engaging and relevant, catering to the needs and preferences of its player base.
The introduction of new social-fi features, such as guilds, has further enriched the Pixels experience. By using PIXEL, players can join guilds and participate in collaborative activities, enhancing the social dimension of the game and fostering deeper connections within the community.
Overall, Pixels has experienced a series of impactful events that have shaped its trajectory in the web3 gaming space. From its initial launch and subsequent updates to NFT integrations and significant funding, Pixels continues to evolve and thrive, driven by its innovative approach and engaged community. @pixels

The technology behind Pixels (PIXEL) is rooted in blockchain, a sophisticated and secure form of database technology. Unlike traditional databases, which are often centralized and vulnerable to single points of failure, blockchain operates on a decentralized network of computers, ensuring data integrity and security. This decentralized nature makes it exceptionally difficult for bad actors to manipulate or corrupt the system.
Pixels operates on the Ronin Network, a blockchain specifically designed to support high-performance applications, such as gaming. The Ronin Network enhances the gaming experience by providing fast and low-cost transactions, which are crucial for the seamless operation of a social casual web3 game like Pixels. In this open-world game, players engage in farming, exploration, and creation, all powered by the PIXEL token.
The PIXEL token serves multiple functions within the Pixels ecosystem. As an in-game currency, PIXEL is used for various activities, including NFT minting. All future NFTs within the Pixels game will be minted using PIXEL, ensuring a consistent and integrated economic system. Additionally, players can purchase VIP Battle Passes with PIXEL, granting them access to exclusive content and features.
Another innovative aspect of Pixels is the introduction of Guilds, a social-fi feature that allows players to join and participate in social groups using PIXEL. This fosters a sense of community and collaboration among players, enhancing the overall gaming experience. Quality of life upgrades, which include premium in-game features, are also available for purchase with PIXEL, providing players with the opportunity to enhance their gameplay.
Governance is another critical function of the PIXEL token. Eventually, PIXEL will be used to govern a community treasury, allowing players to have a say in the future development and direction of the game. This decentralized governance model empowers the community and ensures that the game evolves in a way that reflects the desires and interests of its players.
The security of the Pixels blockchain is further bolstered by its consensus mechanism. The Ronin Network employs a proof-of-authority (PoA) consensus, which relies on a limited number of trusted validators to confirm transactions. This method not only enhances security but also ensures faster transaction times compared to traditional proof-of-work (PoW) systems.
In addition to its robust security features, the blockchain technology behind Pixels ensures transparency and immutability. Every transaction and action within the game is recorded on the blockchain, creating a permanent and tamper-proof ledger. This transparency builds trust among players, as they can verify the authenticity and history of in-game assets and transactions.
The integration of blockchain ownership and in-game utility tokens, specifically PIXEL, creates a dynamic and engaging gaming environment. By leveraging the advanced capabilities of the Ronin Network, Pixels offers a secure, transparent, and community-driven platform that redefines the gaming experience.