Author: Crypto News Live
On-chain analyst William Clemente says that US investors have been piling into Bitcoin (BTC) ever since the news about BlackRock’s exchange-traded fund (ETF) bid took center stage. In a new interview with BTC bull Anthony Pompliano, Clemente says that there are three pieces of evidence suggesting that US-based institutions have been actively accumulating the crypto king since BlackRock announced its application for a spot-based Bitcoin ETF. Clemente looks at the various trading sessions throughout the day and points at the heightened activity of market participants in the US. “We can see that the ETF trade has been in full effect…
Aave reimbursed recognized delegates for all gas fees spent on voting on-chain & deploying AIPs. While AAVE’s price rallied in the last month, a correction might be on the horizon. For the first time since the launch of the lending protocol, the governance body of Aave [AAVE] has compensated its independent delegates for all gas fees that they have spent to vote on-chain & deploy Aave Improvement Proposals (AIPs) on the DeFi platform. Is your portfolio green? Check out the AAVE Profit Calculator These payments were made out to recognized delegates on 9 July after community members approved a gas rebate…
To celebrate the launch of collection trading, we’re reducing the entire market’s service fee from 1.6% to a lower 0.x%. UniSat Marketplace offers the lowest fees compared to existing platforms, often incurring a total fee of 2-3%. UniSat Marketplace for NFT Collections is set to launch next week.🔥It supports all existing 1500+ collections automatically, by utilizing information stored in the given GitHub repository (with gratitude to ordinals-wallet).https://t.co/DYXbcTioU3 — UniSat Wallet – Store, Inscribe and Search. (@unisat_wallet) July 9, 2023 In addition, the UniSat collection mentioned earlier this week will be made public in the coming days with beautiful recursivePlay images…
TL;DRLate last week, Fortune reported that Binance was plunging ‘into crisis as senior execs quit.’ Citing Binance CEO, CZ’s handling of the DOJ investigation.According to CZ “Yes, there is turnover (at every company). But the reasons dreamed up by the “news” are completely wrong.”Here’s how to not care about any of this: Keep the majority of your crypto holdings off centralized exchanges, like Binance.This way, if the centralized exchange you use goes under, it won’t take your magical internet money with it.Full StoryLate last week, Fortune reported that Binance was plunging ‘into crisis as senior execs quit.'(Resulting in a whole…
Looks like Cameron Winklevoss made good on his promise of pursuing legal action against DCG CEO Barry Silbert after the latter failed to meet his final offer payment of $1.47 million. Let’s find out more. Bitcoin Google Cloud’s recently announced a partnership with infrastructure provider Voltage, unveiling a new trajectory for the tech giant’s Bitcoin and Lightning ambitions. Lightning Labs, the primary Bitcoin Lightning Network development firm, has rolled out a revolutionary set of tools designed for AI applications. A recent report by JP Morgan looks to play down the effect that the approval of a Spot Bitcoin ETF might…
Avalanche begins to witness large volume on its protocol as interest in EUROC rises. AVAX prices begin to surge, however, stakers turn pessimistic. Avalanche[AVAX] has been gaining large traction in terms of activity over the last month. One of the major reasons for the growing activity on the Avalanche network would be rising interest in stablecoins. Realistic or not, here’s AVAX’s market cap in BTC’s terms The Euro angle Specifically, the Avalanche network benefited most from the growing interest in EUROC. Euro Coin, or EUROC, is a euro-backed stablecoin that’s accessible globally on Ethereum and Avalanche. Similar to USDC, Euro…
The competition between Bitcoin and Ethereum is heating up in the NFT sector, as Bitcoin’s native NFTs, known as Ordinals, are poised to surpass Ethereum in terms of sales growth and active buyer participation. Since their launch in April 2023, Ordinals have been gaining significant traction within the Bitcoin community, setting record numbers of inscriptions on multiple occasions.Taproot Upgrade Enables Ordinal CreationThe creation of Ordinals was made possible by the Taproot upgrade, a major improvement to the Bitcoin network introduced in November 2021. This upgrade allowed for the inscription of unique digital assets on a satoshi, the smallest unit of Bitcoin. Similar to…
The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. The value of XRP has recently faced bearish sentiments, resulting in a loss of the crucial $0.50 support level. This decline can be attributed to the overall market conditions, with XRP remaining in the spotlight due to the ongoing lawsuit between Ripple and the Securities and Exchange Commission (SEC). Given the legal dispute and the high stakes involved, XRP’s price has become a topic of speculation in the broader cryptocurrency market, with market players offering different possible scenarios. For…
A closely followed crypto strategist is predicting a quick burst to the upside for Binance Coin (BNB), likely driven by bears who are betting that the utility token will see sustained downside price action. Pseudonymous analyst Jack tells his 243,100 Twitter followers that BNB is likely due for a bounce as it trades close to its support at $230. According to the crypto strategist, BNB bears are piling into the fourth-largest altcoin by market cap, and they will likely serve as fuel for a short squeeze. “Rejection of supply yesterday, at range low, squeezes are opportunities for positioning so far,…
Amidst a period of relative calm, the XRP market stands at the precipice of a significant event. For over a year, XRP has maintained a consolidating range of 30 to 56 cents, accumulating positive fundamentals that indicate an imminent breakout.Furthermore, institutional investors have recognized the limitations of costly and slow cross-border payment solutions like Swift, leading to a notable adoption of XRP as a digital asset.XRP Price Analysis For Q3-2023According to a popular crypto analyst, EGRAG Crypto, the XRP market is in the 100 final days before a breakout between September and October. Meanwhile, the analyst expects volatility on either…
