Author: Crypto News Live
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Defense of the $69.3 support level could spur more gains for bulls. CMF indicator highlighted a significant rise in capital inflows. AAVE continued to build on its bullish trend on the lower timeframes. Despite the pullback occasioned by Bitcoin [BTC] dipping below $31k, AAVE sustained its bullish gains with a successful defense of the $69.3 support level. Realistic or not, here’s AAVE’s market cap in BTC terms This kept the altcoin on an uptrend with bulls preparing another approach…
OnChain Studios, the company behind Cryptoys kid-friendly NFTs, is taking a step forward to ensure safe interactions with its digital products. The firm is set to integrate a child-safe AI chatbot, known as ChatGuardian, into its network to help kids have safe, engaging, and entertaining conversations with their NFT characters. The studio has been developing this unique feature for two years, which will be first incorporated into its popular Zoo-F-O collection. OnChain Studios, which made headlines last year when it raised $23 million from heavyweight investors such as a16z, Dapper Labs, and Mattel, will roll out ChatGuardian to adult collectors,…
TL;DRIn celebration of 7/11, 7-Eleven launched a game which let users claim a Slurpee cup and fill it with their unique mix of four flavors. They could then claim their “Slurpee Vibe Digital Collectible,” which is an NFT, built on Polygon.Branding is important, and so far, some of the most successful NFT projects from existing brands have steered clear of the term. Reddit, for example, called them ‘Avatars.’These ‘digital collectibles’ are soul bound – meaning they can’t be sold or transferred to a third party.Full StoryIn case you missed it, yesterday was “Slurpee Day” at 7-Eleven.(7-Eleven’s birthday; July 7th; or…
The proposal to launch GHO on Ethereum’s mainnet reached quorum after protocol delegate AaveChan voted “Yae” on Wednesday.Aave DAO’s community wholly backed the plan as all members of the DAO voted in support with over 698,000 votes at press time.This comes after months of successfully testing the GHO stablecoin on the Ethereum testnet Goerli and developers encountered no major bugs with the token. Stablecoin GHO is set to debut on the Ethereum mainnet following Aave DAO’s support of a plan to introduce the token via two facilitators. The proposal reached quorum after a key project delegate voted “Yae”. Aave companies…
Chainlink Labs, a Web3 services provider and developer of data oracle solution Chainlink, has partnered with blockchain public relations (PR) and content marketing firm MarketAcross to support startups in the Chainlink BUILD program. According to a press release shared with CryptoPotato, the channel partnership between the two parties will give members of the program access to services in content marketing, PR, social promotions, brand reputation, community growth, and more. Chainlink Partners MarketAcross to Support Startups The Chainlink BUILD program was created to foster the development of early-stage startups in the Chainlink ecosystem. The alliance with MarketAcross is set to give…
An employment outlook paper suggests that highly skilled professions are the most exposed to artificial intelligence, but its potential impact on employment is yet to be seen.The Organisation for Economic Co-operation and Development (OECD) has released its latest employment report, which focuses on labor demand, as well as widespread shortages due to ongoing high inflation and resulting fiscal policies worldwide.A key takeaway is covered in a chapter that explores why there is no significant sign of slowing labor demand due to advancements in artificial intelligence (AI). Measures of AI exposure show that available tools have shown the most progress in areas…
The long-term Bitcoin faithful stood firm with his prediction but pushed it forward. The halving may have a role to play, and holders seem to have that in mind. American Venture Capitalist and Bitcoin [BTC] investor Tim Draper has offered a fresh prediction into the potential of the digital asset. Draper, who has repeatedly maintained that he was bullish on BTC’s future price action, doubled down on his earlier $250,000 prediction. Read Bitcoin’s [BTC] Price Prediction 2023-2024 But this time, the investor changed the timeline when he spoke to Bloomberg TV, in a recent interview. Draper: “Why I extended the…
The world’s largest crypto exchange platform by volume is announcing support for a new “intel-to-earn” altcoin project that lets users buy and sell on-chain crypto data. In a new company announcement, Binance says that it’s rolling out support for Arkham (ARKM), the native token of an intelligence exchange where buyers can place bounties on specific pieces of information. The altcoin was released on July 11th on the Binance Launchpad, a platform created to aid startup blockchains. In a lengthy thread, Arkham says the intelligence exchange was created because the firm noticed that both the demand for on-chain analysis and the…
A renowned crypto analyst has caught the market’s attention with an unexpectedly bullish stance toward XRP, the digital asset associated with Ripple. Caesar, a well-known Bitcoin advocate, has forecasted that XRP could surge to $10, provided it attains regulatory clarity.Crypto Analyst Predicts $10 Price Target for XRP Amid Regulatory ClarityIn a statement that quickly gained traction among crypto enthusiasts, the Crypto Caesar expressed his belief that XRP is poised for an imminent “big move” in the market. Based on this expectation, he has set a price target of $10 for XRP, a level that could profoundly alter the cryptocurrency market.Caesar…
Over the past few years, the music streaming landscape has continued to shift drastically. With the proliferation of Web3 music bringing new interest to the potential of blockchain technology, Web3 services and platforms have found it necessary to evolve — and fast. Still, none seem to have gone as above and beyond to communicate the promise of tokenized music to both artists and fans than Sound. Having existed primarily as a closed, curated platform since launching in 2022 (generating $5.5 million in revenue for a select group of creators), Sound (often called Sound.xyz) is now transforming to make Web3 music…
