Author: Crypto News Live
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Ethereum [ETH] is the second-largest cryptocurrency with a market cap of $230 billion. It is the bedrock of a large number of blockchain projects running successfully today. The first quarter of the new year brought a stop to the heartbreak crypto investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of the same period. What is the sole reason, though? ChatGPT! In fact, the natural language processing tool has…
Source: Adobe/CanvaThe United States Bankruptcy Court for the Southern District of New York has allowed Celsius debtors to trade their altcoins for Bitcoin and Ether starting today. The order issued by the bankruptcy judge Martin Glenn on 30th June will also help the distribution of the funds to creditors in the near future.The proposal to sell and trade cryptocurrencies was approved after the discussion with Celsius and the US SEC. The order does not allow the sale or trade of tokens associated with Withhold or Custody accounts.Celsius filed for bankruptcy following the collapse of Terra on July 13, 2022 as it revealed…
Wallets that hold between 1 and 100 BTCs have taken to selling off their assets. While sentiment remains negative, accumulation continues in the general market. Holders with 1-100 Bitcoins (BTC) in their custody have increased coin distribution in the past few days as general sentiments remain sour, pseudonymous CryptoQuant analyst CryptoOnchain, found in a new report. Read Bitcoin’s [BTC] Price Prediction 2023-2024 Following an assessment of BTC’s Spent Output indicator for wallets that hold between 1 to 100 BTCs, CryptoOnchain found that a great percentage of the leading coins has been moved or spent from these wallets in the past few days. …
A crypto trader who nailed Bitcoin’s (BTC) bear market bottom in 2018 believes that Ethereum (ETH) looks poised for a monster rally in the coming months. Pseudonymous analyst Bluntz tells his 223,300 Twitter followers that Ethereum has likely concluded its corrective period on the high timeframe and is gearing up for a major breakout that could end its bear market. According to the crypto strategist, the rest of 2023 could set up Ethereum for a parabolic advance that would allow the leading smart contract platform to significantly outperform BTC. “The rest of this year is looking like it’s setting up…
As we transition into the latter half of 2023, the cryptocurrency market remains highly volatile, influenced by ongoing legal disputes and economic turmoil. Bitcoin and Ethereum, despite their consistent prominence, have been trading within a narrow range near pivotal levels, leading investors to shift their focus toward altcoins in hopes of elevating their portfolios. July stands as a significant month for the crypto market and altcoins, with the resolution of numerous lawsuits on the horizon. Hence, Ripple (XRP), Litecoin (LTC), and Binance Coin (BNB) are poised to seize the spotlight and draw investors’ attention.A Crucial Month For The Altcoin MarketThe…
As Metaverse Fashion Week 2023 (MVFW23) gears up to showcase the newest advancements in digital fashion, MUTANI leads the charge. Digital fashion network MUTANI aims to showcase the benefits of web3 to the in-real-life (IRL) apparel experience. They do this by actioning high-end hybrid fashion experiments during MVFW23. This is the second edition of the virtual fashion week, and MUTANI plans to embrace the stage with multiple striking displays. Metaverse Fashion Week ’23: How Mutani Changes the Game Originally pioneered by Decentraland/UNXD, Mutani now aims to demonstrate the interoperability and tangibility of digital items through collaboration with metaverses Spatial and…
Customers may continue to store and trade these tokens until September 18. U.S. SEC had classified ADA, MATIC, and SOL as unregistered securities. In light of recent regulatory changes in the U.S., crypto-friendly neobank Revolut will soon be delisting a number of digital assets from its platform. The Revolut team informed that the company plans to permanently remove tokens such as Cardano, Polygon, and Solana from its platform in the month of September. On June 29th, Revolut informed its American users of the move, saying that they will be unable to purchase ADA, MATIC, or SOL going forward. The spokesperson…
Within six months, Lido’s TVL has doubled that of MakerDao. DAI’s supply has trended downwards since the temporary depeg in March. According to data from DefiLlama, Lido [LDO] currently holds a 32% share of the entire decentralized finance’s (DeFi) total value locked (TVL). Lido’s TVL has almost doubled when compared to that of the previous DeFi king MakerDAO [MKR]. This happened within just six months of Lido taking over the top position from Maker. Read Lido Finance’s [LDO] Price Prediction 2023-2024 Per data from the DeFi data provider, the TVL of the liquid staking protocol was $14.57 billion at the time of…
CULT&RAIN and Degen TOONZ team up for ‘The Closet’. The new on-chain solution aims to connect Web2 and Web3 in the Degen Toonz ecosystem. With ‘The Closet’, TOONZ NFT holders can dress their digital characters in luxurious virtual wearables. Plus, for the first time ever, they can also turn these digitals into reality. The collaboration offers an exciting opportunity to explore the possibilities of fashion in the blockchain world. The Closet: The Gateway to Digital Fashion for TOONZ Holders Upgrade Your Degen TOONZ Style Game with CULT&RAIN Sneakers Degen Toonz created the TOONZ series, consisting of 8,888 unique characters. They…
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the past 24 hours, Solana’s NFT daily sales volume increased, surpassing Ethereum’s for the first time since May 2022. During a 24-hour period from June 30, the Solana (SOL) network produced more NFT sales in volume than Ethereum (ETH). This contrasts with the high-value Ethereum NFT market, which has recently declined in trade volume. According to information provided by CryptoSlam, the sales of Solana NFTs on the secondary market generated close to $24.2 million over the previous day, while sales of Ethereum totaled $21.2 million.…
