Author: Crypto News Live

Lacoste upgrades NFTs to enhance their brand engagement mission, with the genesis pass creating a revolutionary experience in Web3 fashion. Let’s dive in.  TL;DR Lacoste leads fashion and Web3 integration, transforming Genesis Pass NFTs into a gateway to UNDW3.  Participants can earn points for brand engagement, unlock exclusive benefits, and compete for top rewards. The NFT images will evolve as holders climb the leaderboard. Existing NFT holders will receive points, and participants can win NFTs and brand merchandise in weekly raffles. Lacoste’s UNDW3 NFT Brand Engagement Mission Fashion Meets Web3: Lacoste Genesis Pass NFTs Lacoste, the renowned clothing giant, is…

The deadline for withdrawals is August 26th, said Cardinal which is winding down operations citing macroeconomic conditions. In accordance with the recent reports, the Solana-based protocol Cardinal has declared it will cease operations due to the challenging economic climate. 🔥Reach more than 5 000 000 real investors via Twitter influencer marketing! 🔥 Deadline Set at August 26 The deadline for withdrawals is August 26th, per a tweet that was recently delivered. The 18-month-old protocol admitted it was a tough build process, a “incredibly difficult macroeconomic environment,” and that it is “stuck in the context of the crypto maximalist community.”  Cardinal Blames Macroeconomic…

Social media platform Twitter is temporarily limiting the number of posts that users will be allowed to read per day after seeing “extreme levels of data scraping and system manipulation,” according to executive chairman Elon Musk. In a July 1 post, Musk said the temporary limits will see verified accounts capped at 10,000 posts per day, while unverified and new, unverified accounts are capped at 1,000 and 500 posts per day respectively:Now to 10k, 1k & 0.5k— Elon Musk (@elonmusk) July 1, 2023 Twitter users had been reporting issues on the platform over the last few days including the inability…

Bitcoin (BTC) may be on track for some explosive moves to the upside if its current setup is anything similar to its market structure of November 2020, according to a widely followed crypto analyst. Pseudonymous analyst TechDev tells his 413,000 Twitter followers that BTC appears to be mirroring its November 2020 price action, though it remains to be seen if the same pattern plays out again. TechDev’s chart suggests that BTC is currently flashing three technical signals that are reminiscent of its November 2020 market structure. According to the chart, BTC has confirmed a breakout from a diagonal resistance after…

The recent surge in Bitcoin Cash (BCH) has gained remarkable momentum, thanks to its introduction on the trading platform EDX Markets. This development has attracted substantial attention from investors, particularly in South Korea, leading to BCH prices reaching their highest level in 14 months.Why is BCH Surging So High?In a span of only 24 hours, BCH has experienced a remarkable surge in value, jumping by 33.2% and peaking at $320. This outstanding performance can be attributed to BCH’s inclusion as one of the four cryptocurrencies available on EDX Markets. The exchange, backed by Fidelity, Charles Schwab, and Citadel, has played…

Wildbrain, the kid’s content company and owner of Teletubbies has revealed a digital fashion collection. Here’s everything you need to know. TL;DR WildBrain partners with House of Blueberry to launch a virtual fashion collection with the Teletubbies, only available in Second Life. The collection includes over 130 pieces, embracing inclusivity and self-acceptance for all ages. Ashley Hopkins, Chief Creative Officer at House of Blueberry, expresses excitement for the collaboration. She further highlights the natural partnership between the two brands’ sense of community and advocacy for self-expression. Melissa Goodrich, Director of Brand Management at WildBrain, shares enthusiasm for bringing the Teletubbies…

Solana’s Cardinal protocol is shutting down due to economic conditions. The closure comes nearly a year after raising $4.4 million to enhance NFT utility. Despite this setback, the NFT market shows signs of maturing, with Q1 2023 being the best quarter since Q2 2022.Cardinal Protocol’s Closure and Withdrawal Schedule:Cardinal Labs, known for its protocols and SDKs for NFT use cases on the Solana network, announced the closure on Twitter. Withdrawals are expected to be completed by August 26. The shutdown affects various operations, including staking pool creations, token management, NFT rentals, rental extensions, social media handles, and new deposits, which…

The initiative of Celsius Network to turn all cryptocurrency-held assets into Bitcoin and Ethereum has been accepted by the bankruptcy court. 🔥Reach more than 5 000 000 real investors via Twitter influencer marketing! 🔥 Payment to Celsius Creditors May Soon be Made Possible In the platform’s bankruptcy proceedings, Judge Martin Glenn of the Southern District of New York issued the new judgment, indicating that payment to creditors will soon be made possible. According to the Judge Glenn, Celsius “may sell or convert any non-BTC and non-ETH cryptocurrency, crypto tokens, or other cryptocurrency assets other than such tokens that are associated with…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The price action of Ethereum was at odds with a volume indicator. ETH bulls can wait for a retracement but must trade a breakout carefully. Bitcoin [BTC] saw its bullish momentum stall just beneath the $30.8k level over the past ten days. This has affected the king of altcoins, Ethereum [ETH] as well. USDT (Tether) Dominance hovered around 7.2% in this period. Read Ethereum’s [ETH] Price Prediction 2023-24 Taken together, it showed indecisiveness in the past week. This could…

Adidas ventures further into Web3 with the ALTS Rift Valley Motel Vending Machine. The machine is set to open on July 4th, 2023. TL;DR ALTS by Adidas represents the final phase of the Into the Metaverse initiative, allowing NFT holders to exchange their existing NFTs for unique ALTS identities. Adidas surprised ALTS holders with Rift Valley Motel Coins, leading to the opening of the Rift Valley Motel Vending Machine on July 4th.  Participants can activate the vending machine with an ALTS NFT and a Rift Valley Motel coin, receiving different traits for their avatars. The vending machine will remain open…