Author: Crypto News Live

To accomplish this, the project will distribute Ether Capsules to each owner in a 1:1 ratio through an upcoming airdrop. This means that every holder will receive one free Ether Capsule for each Ether Capsule they currently possess, once the airdrop snapshot is completed. This announcement addresses the reveal and our changed mint structure. In order to reach a balance between the people who have minted, secondary buyers, and holders, we’ve decided on the following: (1/8) pic.twitter.com/89Akot2oax — ETHER (@ether) July 12, 2023 The airdrops will encompass whitelisted miners, including those who are either locked or paid, secondary market participants,…

In an era where NFTs continue to gain traction, global retail giants are tapping into the potential of these digital assets to foster deeper engagement with their consumers. The world’s largest convenience store chain, 7-Eleven, has emerged as the latest adopter of this strategy. They announced the launch of its Slurpee NFTs, powered by the Polygon blockchain network.The newly introduced NFTs form a core part of a sugary collectible game centred around a virtual 7-Eleven Slurpee cup. Consumers are offered a selection of four flavors to choose from: Blue Raspberry, Cherry, Pina Colada, and Summertime Citrus. This venture provides collectors…

Aave plans to launch its stablecoin on the Mainnet with Ethereum actively involved. A new infrastructure was in place to address governance and abstraction. Aave [AAVE], the decentralized lending and borrowing protocol, has announced its plans to deploy GHO, its native stablecoin, on its Mainnet. According to the governance proposal, the launch would be accompanied by two initial facilitators. This includes Aave V3’s Ethereum [ETH] facilitator and the FlashMinter facilitator.   Realistic or not, here’s AAVE’s market cap in ETH’s terms This move underscores Aave’s commitment to leveraging Ethereum’s robust infrastructure. It also points to the aim of achieving widespread adoption…

Google is now facing a lawsuit following its recent privacy policy update that accuses the tech giant of misusing large amounts of data, including copyrighted material, in artificial intelligence (AI) training. The class-action lawsuit was filed on July 11 by eight individuals who claim to represent “millions of class members” — internet users and copyright holders — who have had their privacy and property rights violated in light of Google’s recent updates to its privacy policy. In its opening statement, the plaintiffs accuse Google of “harvesting data in secret” to build its AI products without consent. “It has very recently come…

Celsius has instituted an action against StakeHound to recover its staked tokens. Its native token, CEL, now has zero market liquidity.  In a court filing dated 11 July, bankrupt crypto lender Celsius Network [CEL] instituted a lawsuit against liquid staking platform StakeHound. The lawsuit claimed that StakeHound failed to return tokens valued at $150 million that rightfully belong to Celsius Network. Read Celsius Network’s [CEL] Price Prediction 2023-2024 Celsius alleged that at different times between January 2021 and April 2021, it “entrusted to StakeHound” 25,000 staked native ETH (worth over $50 million), 35,000 native ETH (worth over $70 million), 40 million native…

ETH’s NRPL has returned to negative territory. On-chain metrics revealed traders remain steadfast in coin accumulation.  After a few weeks of Ethereum [ETH] traders posting gains on their investments, the alt’s consolidation around the $1800 price range has caused its Net Realized Profit/Loss (NRPL) indicator to return to the negative territory, data from Santiment showed.  Source: Santiment Read Ethereum’s [ETH] Price Prediction 2023-24 ETH’s NRPL posted a negative value of -2166.27 on 6 July for the first time in the last three weeks. At press time, this metric was -2134.  Generally, when an asset’s NRPL goes negative, it often signals a higher…

Key highlights:The total cryptocurrency market cap increased from $ 1.18T to $ 1.20T in the past 24 hours, representing a 1.44% changeThe Bitcoin price at press time is $ 30,458 after growing by 1.25% in the last 24 hoursThe total crypto trading volume increased by 1.44% in the past 24 hours, and is currently at $ 378.90BAll prices and changes are presented at the time of publication: July 11, 2023, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 1.20T after a 1.44% increase on the day. The total crypto trading volume increased by 1.44% in the same time frame.Bitcoin is trading at…

An analyst who correctly called Bitcoin’s (BTC) 2018 bear market bottom is predicting a deeper move to the downside for the crypto king. Pseudonymous analyst Bluntz tells his 223,600 Twitter followers that BTC appears to have printed a bearish lower high setup on the four-hour chart. According to Bluntz, BTC’s price action on the lower timeframe suggests that the crypto king has lost momentum and now looks poised for an ABC correction that could send Bitcoin below $28,000. “Savage four-hour forming here on BTC. I am updating my view a little bit and now expecting a deeper decline, a little…

The Binance launchpad Arkham Intelligence’s new token airdrop may attract more users to the exchange. Volume on the exchange continues to decline. Overall sentiment remains negative. Binance [BNB] encountered challenges in the U.S. as a result of legal actions initiated by the SEC. Consequently, numerous users of the Binance platform have opted to withdraw their funds from the exchange, seeking alternative platforms for their trading needs. Realistic or not, here’s BNB’s market cap in BTC’s terms However, Binance’s new announcement may improve sentiment towards Binance. Binance recently announced that it will be launching the ARKM token sale on Binance Launchpad.…

Exchange inflow declined significantly despite BTC’s high prices. Miner revenue fell as hashrate increased. Bitcoin [BTC] has observed quite a rally over the last few weeks, with prices pushing past the $30,000 level. However, the press time’s exchange inflow data suggested that optimistic traders should be wary in the coming weeks. Is your portfolio green? Check out the Bitcoin Profit Calculator The state of inflows According to Glassnode, Bitcoin’s exchange inflows amounted to $2.3 billion at the time of writing. This observation suggested a widespread contraction in the industry. Notably, the exchange deposit activity had declined compared to the 2021…