Author: Crypto News Live
Join Our Telegram channel to stay up to date on breaking news coverage Revolut, the prominent European exchange and payments company, has made a significant move in response to the recent regulatory landscape surrounding cryptocurrencies in the United States. Revolut Drops Support for Cardano, Polygon, and Solana in Response to Changing US Regulations In an email communication to its U.S.-based users on June 28, Revolut announced that it would no longer support three major cryptocurrencies: Cardano (ADA), Polygon (MATIC), and Solana (SOL). The decision by Revolut means that U.S. users will immediately lose the ability to purchase ADA, MATIC, and…
The crypto strategist who nailed the end of the Bitcoin (BTC) bull market in 2021 says the stage appears to be set for the crypto king’s next leg up. Pseudonymous trader Pentoshi tells his 694,900 Twitter followers that Bitcoin’s latest pullback already satisfied his previously predicted retracement that Bitcoin could briefly dip below $30,000. “I was hoping for some fills at $29,200 on any pullback but got front run on those. We did get one higher up at $29,800 but will treat that one as a scalp. Ultimately, I think the market structure is still fine. Nothing has changed at…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. BCH outperformed BTC in Q2 2023. Whales massively drove price action. Crypto markets closed Q2 2023 on the green. Bitcoin [BTC] hit a new high of $31.4k and consolidated dominance to 50%, the first in over two years, limiting altcoins’ shine. But PEPE and Bitcoin Cash [BCH] registered stellar performance. Is your portfolio green? Check out the BCH Profit Calculator In particular, BCH outperformed BTC, rallying over 200% in 10 days, jumping from $105 to over $300. BTC posted…
Nowadays, fashion NFT brands are more popular than ever. Metaverses like Decentraland boast over 8,000 unique visitors daily, most ready to play, collect, and have fun. So, what does this mean? It means digital avatars matter more than ever. People are now willing to spend big bucks on NFT apparel they can wear in the metaverse (known as “wearables”). Much like physical apparel, virtual clothes and accessories help you make a statement or show your status. This created the perfect occasion for luxury fashion brands to step in – and that’s exactly what we’ll explore in this post. From Louis Vuitton…
TL;DRThe ‘Prospect 100’ competition will select (you guessed it) 100 artworks to be featured/sold in an NFT collection, with all profits going to AIDS-related research.The competition will be judged by Kendall Jenner, Kate Moss, J Balvin, Jeff Koons (the highest-grossing living artist in the world), and Baz Luhrmann.Full StoryIn today’s ‘proof we’re definitely living in a simulation’ news…Check out who’s coming together to judge an NFT competition:Kendall Jenner, Kate Moss, musician J Balvin, Jeff Koons (the highest-grossing living artist in the world), and Baz Luhrmann (Director of Moulin Rouge and The Great Gatsby).Weirdly star studded line up, right?Allow us to…
Join Our Telegram channel to stay up to date on breaking news coverage Former White House communications director and venture investor Anthony Scaramucci recently came out and said, “Sam Bankman-Fried really hurt the industry.” Sam Bankman-Fried’s FTX once used to be the second biggest cryptocurrency exchange by market capitalization. The exchange wasn’t only marketed by multiple A-list celebrities – including basketball player Shaq O’Neal, but the larger community also trusted it as being one of the best exchanges to offer a derivatives trading facility. But the appreciation does not end there. Many considered Sam Bankman-Fried himself as one of the…
Ripple (XRP) bulls are struggling to regain momentum after media reports on June 30 claimed Citigroup might be reconsidering its partnership with Metaco — a company Ripple Labs recently acquired for $250 million. Bulls lose momentum Ripple’s native token XRP had been on a steady pump for almost two months. It hit a high of $0.54 because of multiple positive developments and industry expectations that its case with the SEC would end favorably. However, the momentum began sputtering out by mid-June, and the token fell as low as $0.31 on June 14 following the SEC’s crackdown on the crypto industry…
LTC was the only asset in the top 10 to clock double digit growth in the last seven days. LTC had a fruitful second quarter of 2023 as far as network adoption was concerned. Proof-of-work (PoW) network Litecoin [LTC] has been building strong momentum as its widely anticipated halving event is just round the corner. The “silver to Bitcoin’s gold” was the top gainer in the last 24 hours among assets, with a market valuation of more than $2 billion. Is your portfolio green? Check out the Litecoin Profit Calculator At the time of writing, LTC exchanged hands at $107.23, representing…
Video game developer Epic Games and digital fashion company CLO Virtual Fashion have announced a cross-investment deal. The partnership indicates Epic’s vested interest in virtual fashion as a key element of its expanding metaverse aspirations. So, what are they planning? A digital garment made in CLO and powered by Unreal Engine. What are Epic Games and CLO plans? Renowned for its innovative tools, CLO Virtual Fashion offers a range of resources, including fashion design software that integrates seamlessly with Epic’s Unreal Engine. They also provide a marketplace for buying and selling garment designs. Further, Epic Games has been vigorously advocating…
Developers of ENS have announced plans to implement Layer 2 interoperability. ENS has seen increased buying pressure in the past few weeks. During a community call on 28 June, ENS Labs, the developer team behind the Ethereum Name Service [ENS], announced its plans to introduce Layer 2 (L2) interoperability for ENS domains. Realistic or not, here’s ENS’s market cap in BTC’s terms Through this implementation, ENS Labs seeks to provide users with improved performance, scalability, and cost efficiency in managing their ENS domains. According to ENS Labs, off-chain resolvers, which leverage an ENS off-chain registrar contract and the services of…
