Author: Crypto News Live
Real Vision CEO Raoul Pal is outlining the best-case scenario for Ethereum (ETH) rival Solana (SOL), saying that the smart contract platform could see a massive price increase. In a new interview with the host of InvestAnswers, the macro guru says that Solana could follow in the footsteps of the leading altcoin when it skyrocketed after hitting a low in 2018. At the time, Ethereum saw about a 47x increase. However, Pal says that he anticipates Solana seeing at least a 20x increase from current prices. “There’s a potential, a possibility [of] a dream scenario that Solana does what ETH…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Price charts indicators flashed sell signals on lower timeframes. Long positions discouraged, reinforcing short-sellers’ edge. Bitcoin [BTC] has fluctuated above $30k for about 19 days – since 21 June. BTC’s extended consolidation and fluctuations have sent most altcoins into massive pullbacks. In particular, Pepe [PEPE] has shed over 20% – which officially morphs its pullback into a downtrend. Is your portfolio green? Check out the PEPE Profit Calculator At the time of writing, BTC threatened to drop below $30k.…
Digital collectible platform Candy Digital is partnering with Major League Baseball (MLB), the MLB Players Association, and the National Baseball Hall of Fame and Museum for the third year in a row to commemorate All-Star Week. Highlighting the week’s events is the 2023 MLB All-Star Game, which will feature digital memorabilia given to attendees that also come with the chance to win tickets to the 2023 World Series. Strengthening connections Last week — to celebrate the launch of MLB Virtual Ballpark, the league’s metaverse, as well as the online watch party for the MLB All-Star Celebrity Softball Game — attendees…
TL;DRLast week, a new set of developer tools were released, to enable the Bitcoin Lightning Network, and AI developer communities to build new cool sh*t. The duo behind the tools, Olaoluwa Osuntokun and Michael Levin, have made them all open source (available to everyone, for free) with the aim to encourage development of products which seamlessly incorporate the BTC Lightning Network and AI.A few days ago, Arthur Hayes (founder of BitMEX) wrote a long but great blog post on why AI will choose BTC as it’s currency of choice. Let’s see how these tools will be used to make that…
A correlation between DEX volumes and ETH prices was observed. Traders showed optimistic behavior and Call options began to rise. The Ethereum[ETH] market has exhibited considerable volatility in recent months, leaving traders grappling with the task of accurately assessing its price trajectory. This challenge was further compounded by the ongoing developments and new upgrades underway within the Ethereum network. Read Ethereum’s Price Prediction 2023-2024 Turn up the volume However, recent data provided by CryptoQuant sheds light on an interesting observation: the volumes traded on decentralized exchanges (DEX) for Ethereum show a notable correlation with the price movements of the cryptocurrency.…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Even as Solana [SOL] is touted to be the “Ethereum [ETH] killer,” Solana Labs co-founder Anatoly Yakovenko seems to be in agreement with the idea of using Ethereum as a layer-2 for the Solana blockchain. Would it be possible for ethereum to be a @solana L2? Probably more likely than you might think at first glance. L2s are bridge protocols that provide one way security. In this setup, holders of solana assets on ethereum would have finality guarantees that they…
The American comedian and author Sarah Silverman, along with two other authors, Richard Kadrey and Christopher Golden, have filed lawsuits against Meta Platforms’ LLaMa and OpenAI’s ChatGPT over copyright infringement.Meta and OpenAI allegedly used the plaintiffs’ content to train their respective artificial intelligence (AI) systems without prior permission. According to the court documents against Meta, many of the plaintiffs’ books under copyright appear in the data set that “Meta has admitted to using to train LLaMA.”Similarly, in the case against OpenAI, the lawsuit alleges that when ChatGPT generates summaries of the plaintiffs’ work, it indicates the training via copyrighted content.…
The Litecoin (LTC) market, which had been enjoying a bullish trend over the past two weeks, took an unexpected downturn during the weekend. The weekly bar closed below the crucial support/resistance level of $100 and the 200 Moving Average (MA), signaling a shift in market sentiment.This prompts a deeper analysis of the market dynamics and expert opinions on what lies ahead.Bearish Outlook EmergesDespite opening at $93.2 on Monday during the early London market, Litecoin’s trading volume remained relatively high at around $577.69 million, surpassing that of most altcoins. The market’s long-term potential is further bolstered by its substantial user base,…
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s becoming increasingly difficult to keep up with all the news, launches, and general happenings. Well, you can put the days of endless Twitter and Discord scrolling behind you as we pull together a weekly list of upcoming NFT drops you definitely don’t want to miss.…
Several Bitcoin NFT collections registered higher volumes than Ethereum. Since BRC-69 came into play, Ordinals Inscriptions have increased. Bitcoin Ordinals, which represent the NFTs created on the Bitcoin [BTC] network, seems to be closing in on their Ethereum [ETH] counterparts in terms of dominance. By looking at CryptoSlam’s data, Bitcoin NFT sales have grown by 8301% in the last 24 hours. Realistic or not, here’s ETH’s market cap in BTC terms This was in high contrast to the volume on the Ethereum blockchain which only registered a 1.33% increase within the same period. However, it was worth noting that Ethereum’s…
