Author: Crypto News Live

EthereumPoW’S DeFi TVL has clinched an all-time low. Network data shows a decline in on-chain activity. Since the chain became operational nine months ago, the total value of assets (TVL) locked by decentralized finance (DeFi) protocols within EthereumPoW’s [ETHW] has declined by 97%, data from DefiLlama showed.   Is your portfolio green? Check out the ETHW Profit Calculator Following an influx of DeFi protocols to the proof-of-work network a month after it launched in September 2022, the chain’s TVL rallied to an all-time high of $6.78 million by 29 October. However, embarking on a downtrend ever since, EthereumPoW’s TVL has dropped by…

The demand for Pepe Coin ROI is insatiable. 2.0 knockoffs have already racked up enormous gains in July. As Pepe 2.0 rallied through the roof on Ethereum during the last week in June, one trader made $175,000 in just a day of riveting profit-taking. Due to the relative anonymity of Web 3.0 users, we don’t know who the mystery trader is. But they left their tracks all over the blockchain. The on-chain transaction data tells the entire story. Using the popular decentralized exchange, Uniswap, the crypto trader locked in 8.3T Pepe 2.0 tokens on June 28 at 8 am for…

Officials in the United States are considering restricting China’s access to cloud computing services in an effort to safeguard the country’s advanced technology, according to a report in The Wall Street Journal. According to the report, the Biden Administration proposed adding controls to the amount of access Chinese companies will have to U.S.-based cloud computing services, such as Amazon Web Services (AWS) and Microsoft. Providers, including those mentioned above, would need government approval prior to providing services that use powerful artificial intelligence (AI) chips to Chinese clients, The WSJ said, citing sources close to the matter. This would close a major loophole in its…

A widely followed crypto trader is predicting surges for a handful of altcoins including memecoins Dogecoin (DOGE) and Pepe (PEPE). Pseudonymous analyst Kaleo tells his 593,000 Twitter followers that DOGE looks poised for bullish continuation after taking out its diagonal resistance on the four-hour chart. According to Kaleo, DOGE could witness breakout rallies if it moves above its horizontal resistance at $0.072. “We’ve already seen a decent resistance break for DOGE on the USD chart. Expecting acceleration above a reclaim of $0.072 (early June pre-breakdown/capitulation level).” Source: Kaleo/Twitter At time of writing, DOGE is trading for $0.068. Looking at fellow…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. While the structure of LINK was bearish, it was likely a pullback before another move higher. The $6.7 zone is critical on the higher timeframe charts. Chainlink [LINK] prices have been rising since 20 June. The bulls forced a breakout past the local resistance region at $5.5 and retested it as support on 23 June, initiating an uptrend that lasted until early July. Read Chainlink’s [LINK] Price Prediction 2023-24 Over the past two days, LINK has suffered a minor…

BAYC Metaverse project Otherside announces its second trip happening in late March 2023! The first Otherside trip introduced the Apes to their Metaverse with over 5,000 people simultaneously logged in. They also faced a giant Koda alongside BAYC mascots Curtis and Blue. Yuga Labs announced yesterday that Voyagers will continue into the Otherside with more trips, opportunities, and persistent metaverse experiences. Read on to learn about the second Otherside trip happening next year! The Second BAYC Otherside Trip: What Does Yuga Labs Have In Store? According to Yuga Labs official release, the second Otherside trip will see new environments, new…

Captainz, the premier collection of Memeland, minted 9,999 NFTs on January 4, 2023, for 1.069 ETH each. Now, after months of anticipation, Memeland’s Captainz art has been revealed. What’s notable about the reveal is the customization, namely the freedom for holders to choose their NFT’s gender, skin type, and other traits. All of these features were geared towards allowing holders to contribute to the Memeland ecosystem as owners, not just customers. Other anticipated massive benefits for Captainz NFTs include the company’s forthcoming $MEME token and its rumored Treasure Islandz experience. The reveal has revoked a diverse array of responses, with…

BlackRock CEO Larry Fink has taken a friendlier stance towards Bitcoin and the broader crypto space. Fink described Bitcoin as an international asset that he would like to democratize.BlackRock is looking to work closely with regulators in the U.S. to further Bitcoin adoption through a spot BTC ETF. Larry Fink previously dismissed Bitcoin calling it a tool for money laundering.  Larry Fink, the man behind the world’s largest asset manager, has taken a rather friendly stance towards Bitcoin and the broader crypto space. As the Chief Executive of BlackRock Inc, Fink described Bitcoin as an international asset in an interview with Fox…

In just four months, starting from February 7, 2023, non-fungible token (NFT) sales on the Bitcoin blockchain have soared to $463.68 million. This growth has propelled the network to secure the second-highest number of monthly NFT sales consistently since then. However, despite this impressive ascent within the past four months, Bitcoin’s overall NFT sales figures still trail behind those of seven other blockchain networks. Bitcoin Blockchain Gains Momentum in NFT Sales, Ranks Eighth Among Leading Networks Ethereum has long reigned as the dominant force in NFT sales and continues to hold that title. Nevertheless, Bitcoin has been making impressive strides…

The sphere of Web3 gaming is a fusion of cutting-edge digital technology and interactive entertainment. This article takes you on a tour of five noteworthy Web3 games in this evolving gaming industry. Leveraging blockchain technology, these platforms are reshaping traditional gaming concepts by offering true digital asset ownership, immersive gameplay, and dynamic online social interactions. Here are 5 Web3 games worth checking out.My Pet HooliganMy Pet Hooligan, is a free-to-play immersive open world where players have the liberty to explore, engage in combat, interact socially, and gather various items. The hooligans possess individualistic qualities that are certain to leave an…