Author: Crypto News Live
Speaking to Bitcoin (BTC) proponents Eric Wall and Udi Wertheimer in a Twitter Spaces event on Friday, Ethereum (ETH) Co-founder Vitalik Buterin said that the conception of BTC Ordinals signified the “organic return of builder culture” to the network. He declared this while talking about what Bitcoin developers could learn from counterparts in the Ethereum ecosystem. 🔥Reach more than 5 000 000 real investors via Twitter influencer marketing! 🔥 Wall and Wertheimer are recognized for their crucial role in the development of Ordinals project Taproot Wizards. They have always contributed their quota in discussions related to Ordinals and advocated for more…
SHIB whale transactions surged to a three-month high. Sentiment has to improve for the token to continue on its upward movement. During the intraday trading session on 7 July, Shiba Inu [SHIB] logged 14 separate whale transactions, each worth over $1 million, causing the alt’s price to jump by 8% since then. Read Shiba Inu’s [SHIB] Price Prediction 2023-24 According to data from Santiment, this surge in whale transactions represented the highest daily count of similar transactions in over three months. As these whales intensified trading activity, the amount of unique SHIB tokens in circulation rallied to a three-week high. Source: Santiment…
BMW Motorrad has introduced MetaRide, a digital brand space where motorcycle enthusiasts can immerse themselves in a virtual reality experience. With MetaRide, users can ride and explore the new BMW CE 02, an electric vehicle designed for urban environments, in the form of avatars. This innovative platform also serves as a meeting place for fans and the BMW Motorrad brand, providing a virtual environment that closely replicates the real world.BMW Motorrad MetaRideOne of the main highlights of MetaRide is the opportunity for users to take virtual test rides with the BMW CE 02. By embodying avatars, enthusiasts can experience the thrill…
ETF filings resulted in a spike in the supply of BTC held by US entities. Asia’s supply dominance was on the rise a few months ago due to the region’s favorable approach. Following the announcement of the Blackrock Bitcoin ETF request on 15 June, there has been a noticeable increase in the proportion of Bitcoin [BTC] supply held or traded by entities based in the United States, data from Glassnode revealed. Source: Glassnode Read Bitcoin’s [BTC] Price Prediction 2023-24 If the trend continues, this shift in ownership could indicate a significant change in the dominance of BTC supply, with US entities gaining…
Despite lingering concerns over the Ripple vs. SEC lawsuit, The XRP Ledger (XRPL) has demonstrated significant growth in multiple areas of its protocol during the second quarter of 2023, according to a recent report from crypto analytics platform Messari.The report shows that the circulating market cap of XRP (XRP) has increased by 42.5% year-to-date. The growth was driven by the asset’s price surge in the first quarter; however, in Q2, the market cap declined by 10.7%, from $27.8 billion to $24.8 billion.Although the XRP platform experienced a decline in transaction volume quarter-over-quarter, there was a notable 12.7% increase in average daily nonfungible…
New court documents reveal that the U.S. Securities and Exchange Commission (SEC) believes Coinbase was aware that it was potentially violating securities laws prior to the regulator’s lawsuit against the crypto exchange. In a new court filing, the SEC claims that despite knowing that it was conducting illicit actions, the crypto firm made a calculated decision to continue on as a means of growing its business. “Coinbase also explicitly discouraged crypto asset issuers from using ‘problematic statements” in their marketing materials that are ‘traditionally associated with securities.’ And since becoming a public company, Coinbase has repeatedly informed its shareholders of the…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The Litecoin buyers have no reason to panic yet as price action remains bullish. The lower timeframe trend and the drop below the psychological $100 level could also be the beginning of a reversal Litecoin [LTC] spent a good portion of April and May retracing the gains it made in March. June did not start well for the bulls as LTC dropped to $71 but the bulls have driven an incredible rally since then. Is your portfolio green? Check the…
BTC exchange inflows have gradually slowed since the initial rush of the rally. Long-term holders were selling BTC at better margins as compared to short-term holders. The crypto market’s excitement has skyrocketed amid a flurry of applications for a spot Bitcoin [BTC] ETF. Interest shown by TradFi giants has rekindled hopes of a BTC bull run among market participants. Is your portfolio green? Check out the Bitcoin Profit Calculator Amidst this fervor, a technical analyst CryptoCon examined a key indicator and came up with a positive prediction. The analyst highlighted the trajectory of Bollinger Band Width, an indicator commonly used to…
USDC issuer Circle blacklisted three wallet addresses that received a significant outflow of funds from the cross-chain bridge platform Multichain in its potential security breach. Security firm PeckShield noted that about $63 million in USDC, part of the assets involved in the alarming outflow, has been frozen. The incident saw $126 million worth of crypto assets mysteriously transferred from Multichain’s bridge deployments on Fantom, Moonriver and Dogechain to various third-party wallets. Following the incident, Multichain tweeted from its official account, “The Multichain service has currently stopped, and all bridge transactions will remain stuck on the source chains. There is no…
In a recent video, Guy Turner, the host of Coin Bureau, has captivated the attention of Coin Bureau’s 2.28 million subscribers by unveiling two key catalysts that could potentially ignite a powerful bullish run for Ethereum (ETH). These upcoming milestones hold the promise of driving ETH’s price to new heights. Proto-dank sharding upgrade The first milestone highlighted by Turner is the eagerly anticipated proto-dank sharding upgrade, officially known as EIP-4844. This groundbreaking upgrade seeks to address Ethereum’s long-standing scalability challenge, allowing the network to achieve a level of scalability comparable to centralized computer systems.By tackling Ethereum’s primary bottleneck—data availability—proto-dank sharding introduces special…
