Author: Crypto News Live

The NFT space isn’t what it used to be. This has become painfully obvious to those within Web3 over the past few months. From controversial memecoin escapades to overwhelming regulatory initiatives, the magic of the metaverse has been palpably waning throughout 2023. As it stands, the current state of the non-fungible ecosystem is a far cry from the market highs that helped kick off the year. Yet, this round of “NFTs are crashing” feels different than times past. With this bout, the causation behind NFTs slowing down feels more nuanced. Rather than fear, uncertainty, and doubt (FUD) leading the market…

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Blur Founder Pacman has defended his platform against allegations of it crashing the non-fungible token (NFT) market floor price. While certain blue chip NFTs are near their yearly lows, the community has blamed the NFT marketplace Blur’s incentivization model for the fall in the market. Blur founder Pacman took to Twitter to defend his platform. Blur Founder Pacman Defends The Platform Pacman quote retweeted a community member’s tweet who was speaking against the “Blur killing NFTs narrative.” The Blur founder explained that some floor prices have gone up, whereas others have gone down. He complained that the community would not…

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The next wave of NFT-infused games promises to be a dramatic step up from the simplistic, DeFi-driven experiences that defined the initial play-to-earn gaming wave. Want proof? Just check out the games below. From Illuvium to Shrapnel and Otherside, these games look and feel just like the glossy AAA games that millions of “Web2” gamers love, but with ownable and tradable assets, tokenized economies, and new play mechanics. We’ve picked 10 of the most exciting-looking games on the horizon, including some we’ve already played in early access, as well as upcoming NFT games from traditional gaming giants. And stay tuned,…

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Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Solana is up 11.83% today against the US DollarSOL/BTC increased by 12.16% todaySOL/ETH increased by 12.94% todaySolana is currently trading 27.17% above our prediction on Jul 11, 2023Solana gained 2.69% in the last month and is down -42.12% since 1 year agoSolana price$ 20.98Solana prediction $ 16.49 (-21.37%)Sentiment…

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The company behind the popular artificial intelligence (AI) chatbot ChatGPT says it will be forming a team to rein in and manage the risks of superintelligent AI systems. In a July 5 announcement on its blog, OpenAI said the new team will be created to “steer and control AI systems much smarter than us.” The nonprofit said it believes superintelligence will be “the most impactful technology humanity has ever invented” and help solve many problems — though there are risks. “The vast power of superintelligence could also be very dangerous, and could lead to the disempowerment of humanity or even human extinction.”The…

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A widely followed crypto analyst says Bitcoin (BTC) is approaching the lowest point of a brief downtrend due to the king crypto’s latest dip. Crypto trader Michaël van de Poppe tells his 660,100 Twitter followers that BTC needs to flip back up before it goes even lower. “Lows are getting taken again. Needs to flip back up here, otherwise $28,500 scenario seems likely for Bitcoin.  Markets expecting a rate hike due to positive unemployment data.” Source: Michaël van de Poppe/Twitter According to Van de Poppe, traders who jumped on BTC recently due to fear of missing out (FOMO) are likely feeling the pain of…

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Polkadot and Cardno ranked first and third in recent dev activity. However, DOT and ADA exhibited different trends in price on a daily timeframe. According to the latest data from Santiment, Polkadot [DOT] and Cardano [ADA] have emerged as frontrunners in terms of development activity within the blockchain landscape. Yet, we must delve deeper and explore if there are any noteworthy metrics beyond this realm for these chains. Read Polkadot’s [DOT] Price Prediction 2023-24 Polkadot and Cardano dev chart In Santiment’s recent ranking of development activity among chains, Polkadot and Cardano emerged as the leaders, showcasing a notable uptick in development…

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The Bitcoin balance held on exchange addresses hit the lowest in more than five years. The relative quiet in the market suggests that many investors have decided to hold for the long term. Almost 2000 days after the last lowest exchange balance, Bitcoin [BTC] exchange addresses have recorded a new low in the metric. According to Glassnode, the Bitcoin balance held by exchange addresses reached 2.26 million. The #Bitcoin Balance held on Exchange addresses continues to hemorrhage, falling to a value of 2.26M BTC, the lowest balance held since Mar-14-2018 (1939 days ago). pic.twitter.com/pZp6G3t8N0 — glassnode (@glassnode) July 5, 2023…

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Recently, La Maison Steel revealed luxury Web3 Apple Watch cuffs in Paris. The Apple Watch cuffs feature an embedded NFC chip tied to a Polygon NFT for authentication. Here’s everything you need to know. TL;DR La Maison Steel showed luxury Web3 Apple Watch cuffs in Paris, mixing old-world craftsmanship with blockchain technology to combat the issue of fake goods. SmrtKuffs feature an NFC chip connected to a Polygon NFT, ensuring authentication and privacy for Apple Watch owners. The cuffs offer a range of options, from French leathers to luxury jewelry versions, with digital IDs and provenance information secured on the…

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