Author: Crypto News Live

A 2023 H1 survey from Salesforce, which covered 6,058 financial service institution (FSI) customers worldwide, offered significant insights into sentiments surrounding artificial intelligence (AI), cryptocurrency, and the digital shift in the financial services industry.According to the Salesforce Financial Services Report, the survey was conducted from March 7 to April 12, 2023, and encompassed respondents from 12 countries across five continents.Interest in crypto from FSI customers.A noteworthy finding is that 61% of customers have either researched or plan to research cryptocurrency, highlighting a growing interest in digital currency. Despite two-thirds of customers expressing interest in digital currencies, only 29% have desired…

VMPX, a new project was largely responsible for the increase in ETH fees. Market participants are concerned about the real utility of the token. Fees generated by the Ethereum [ETH] blockchain increased by 57.8% between 3 July and the time of writing. The data, which was shared by IntoTheBlock, showed that the second-largest blockchain made $47 million within the said period.  How much are 1,10,100 ETHs worth today? When Ethereum fees increase, it means that the network had experienced high volatility and a high level of traffic. Additionally, it implies that smart contracts have consumed gas due to consistent execution. …

Join Our Telegram channel to stay up to date on breaking news coverage What – Binance to make wallet upgrades to various crypto addresses Why – To enhance efficiency and fund security What Next – Users to receive notifications via email to obtain new addresses On July 6, Binance revealed that some existing deposit addresses and memos would expire during the third quarter of 2023. #Binance will be retiring selected deposit addresses and memos in Q3.This will be done in accordance with upgrading efforts to provide better efficiency and fund security for our users.Read more here 👇https://t.co/o3kwWfPSUu— Binance (@binance) July…

Worldwide traffic for the popular artificial intelligence (AI) chatbot ChatGPT has experienced a decline from May to June, suggesting a decline in interest in the AI assistant tool developed by OpenAI. According to data estimates from the traffic analytics site Similarweb, desktop and mobile web traffic for ChatGPT dropped by 9.7% in June. In addition, the site’s unique visitors and the amount of time users spend on the site have also declined by 5.7% and 8.5%, respectively. In the United States, the recorded month-on-month decline in the website’s traffic was 10.3%.Despite the decline in traffic, the website is still ahead of…

A JPMorgan strategist believes that SEC approval for a spot Bitcoin ETF won’t be a game changer. The banking giant has argued that similar products have existed in Canada and Europe. The strategist pointed out that Bitcoin funds have attracted little interest from investors over the past two years. JPMorgan’s report acknowledged that spot BTC ETFs would bring more liquidity and transparency to BTC markets.  Wall Street giant JPMorgan believes that a spot Bitcoin ETF in the United States won’t have the impact that the crypto and TradFi communities believe it will. According to a JPMorgan strategist, the Securities and Exchange Commission’s seal…

A widely followed crypto analyst is predicting rallies for Bitcoin Cash (BCH), Litecoin (LTC), meme asset Pepe (PEPE) and one Ethereum (ETH) competitor. Pseudonymous crypto trader Kaleo tells his 593,100 Twitter followers that he believes that the Bitcoin (BTC)-hard fork BCH will continue the rally it sparked last month that saw it go around the $106 level to a peak of $321.89 on June 30th, a 202% increase. “Have a good feeling BCH is far from done.” Source: Kaleo/Twitter Bitcoin Cash has since retraced and is trading for $283 at time of writing. The strategist then turns his attention toward Litecoin,…

LTC’s share of the global payments surged to 34.9% in June, up from 28.78% in May. Riding on the positive sentiment, LTC stormed to a 14-month high earlier in the week. In a massive boost for the Litecoin [LTC] ecosystem, LTC became the most used crypto for payments for the first time in June, outperforming all major assets, including Bitcoin [BTC]. Is your portfolio green? Check out the Litecoin Profit Calculator As tracked by the world’s largest payment processor BitPay, LTC’s share of the global payments surged to 34.9% in June, a sharp uptick from 28.78% during May. In the process,…

Decentraland is hosting an Ugly Sweater Competition just in time for the holidays. For the contest, creators are challenged to create unique takes on the traditional Ugly Christmas Sweater. These wearables will be eligible for prizes and advertisement on Decentraland’s social pages. Entries start December 1st and run all the way until December 19th. The Decentraland Ugly Sweater Competition runs until December 19th. Credit: Wikipedia. Who Can Get Involved? Anyone can join the contest. All you have to do is create an ugly holiday sweater, publish it on Decentraland’s Marketplace, and submit your wearable using the official Decentraland Ugly Sweater…

What is the point of an NFT project? How do they sustain themselves, and what truly differentiates one from another? These kinds of Web3-related questions are unique in that they come from both crypto art veterans and those who still find the very concept of NFTs to be a bit absurd. They also sit at the crux of what is arguably the NFT ecosystem’s greatest challenge: justifying its own continued existence.  Not many projects have come up with a good, lasting answer to these questions, and it’s not always for lack of trying. Despite sincere efforts and the exceedingly common…

Fellow Binancians, Binance NFT Marketplace is excited to present the Playbux Ultra NFT Collection! A total of 3,000 Playbux Ultra NFTs are available in this collection. The launch of the collection will follow the BNB Prerequisite, as part of the Subscription Mechanism. Starting from 2023-07-10 00:00 (UTC), users can participate in the primary sale for the Playbux Ultra NFT Collection. By holding a Playbux Ultra NFT, users can unlock a variety of benefits, which can be found on the Playbux.co’s website. Please note: In order to enjoy benefits, users must withdraw the Playbux NFT to their wallet and connect their…