Author: Crypto News Live
The total BTC balance across all exchanges equated to just 11.7% of the total circulating supply. The amount of BTC available for purchase hit all-time lows. Despite the gains made by Bitcoin [BTC] in its recent rally, most long-term investors continued to take coins out of exchanges in favor of self-custody. According to a popular Twitter user who tracks crypto markets, BTC’s supply on exchanges hit a 5-year low on 30 June, demonstrating investors’ tendency to HODL. Is your portfolio green? Check out the Bitcoin Profit Calculator Liquid supply shrinks As of 30 June, the total BTC balance across all exchanges…
Six months ago, YouTuber Logan Paul faced significant controversy for allegedly scamming his audience with an NFT game project called CryptoZoo, which was announced in 2021. Paul and his team sold NFTs and released a ZOO token—but the game never materialized. After facing criticism from YouTube investigators like Stephen “Coffeezilla” Findeisen, Paul released a video on January 13 detailing his “three-step plan” to make things right. One month later, the influencer was slapped with a class-action lawsuit alleging that Paul and his team misled and “rug pulled” CryptoZoo buyers. But what exactly did Paul promise back in January—and has any…
As Andrew Hayward reported for Decrypt on 29 June 2023, the Trump family is once again making waves in the NFT space. Per the Decrypt report, following former U.S. President Donald Trump’s release of his second set of NFT trading cards two months ago, Melania Trump, his wife, has now unveiled a new set of NFTs. These digital collectibles, inspired by the upcoming Independence Day holiday, are part of “The 1776 Collection“. These NFTs, based on the Solana blockchain, feature iconic American imagery, including landmarks like the Statue of Liberty and Mount Rushmore. Each NFT is priced at $50, with…
A crypto trader who correctly called the 2018 Bitcoin (BTC) bear market bottom is predicting a strong burst to the upside for Litecoin (LTC). Pseudonymous trader Bluntz tells his 223,300 Twitter followers that the peer-to-peer payments network Litecoin appears poised to surge ahead of its halving event slated for August. According to the crypto strategist, LTC looks bullish on both its USD and BTC pairs. “I think LTC is finally gearing up for the halving run. Attempting a 195-day range breakout on the USD pair and also firmly back into the prior breakdown range on its BTC pair indicating a move to…
CEL’s value continued to drop following Celsius’ bankruptcy proceedings. CEL’s price took an unimpressive turn after the 29 June short squeeze put short sellers at a loss. Despite the recent approval from the judge overseeing Celsius’ bankruptcy proceedings, its native token, CEL, experienced a continued decline in trading value. Read Celsius’ [CEL] Price Prediction 2023-2024 The approval allowed the troubled crypto lender to initiate the sale and conversion of its altcoins into popular cryptocurrencies, Bitcoin [BTC] and Ethereum [ETH], starting from 1 July. At press time, CEL exchanged hands at $0.1543, logging a 4% price decline in the past 24 hours, per data…
Digital fashion expands once more this month as Weekday, the iconic street fashion brand, makes its NFT debut via the luxury fashion brand The Fabricant. TL;DR The street fashion brand Weekday collaborates with The Fabricant for a collection of wearable sunglasses titled Artifact 001. The sunglasses are inspired by stalactites and stalagmites and will drop on June 13th. NFT holders can use an exclusive AR filter to showcase their wearables anytime. The digital fashion brand The Fabricant has partnered with Weekday for a limited-edition NFT collection. Credits: Weekday Weekday x The Fabricant: A High-Fashion Collab This month, the digital fashion…
When it comes to the many classical established locales of the traditional art industry, Paris, France, has long been the undisputed epicenter. Home to a variety of the most influential creators to ever have lived, the “City of Light” is the place to go when you’re seeking the center stage of the art world. So when NFTs verge anywhere near this historic city, Web3 is understandably raucous with exhilaration. Yet, from conferences to exhibits, few endeavors have captured the unique and budding culture of the metaverse art movement, quite like a forthcoming venture from Artpoint, NFT Factory, and Punk6529. With…
TL;DRYesterday, at an event in Madrid on financial stability (riveting event), US Fed Chair, Jerome Powell, announced that the number of jobless claims in the US has dipped in the last quarter, while productivity has risen.Either: People are starting to see the value of BTC for what it is – a decentralized, deflationary, store of value – and it’s becoming less and less correlated with news about the traditional financial system.Or: Maybe this is just too short of a timeframe to look at, and the news about TradFi companies filing for BTC ETFs of late outweighs the positive news about…
Etheruem’s witnessed an 82% surge in its quarterly fees. ETH’s RSI and MACD indicators indicated that there was some ongoing bullish relief for the altcoin The start of Q3 2023 came with some good news for the altcoin market. This was because most altcoins stepped into the third quarter with some strong bullish strides. As per data from CoinMarketCap, Ethereum [ETH] was also exchanging hands 3.93% higher in the last 24 hours. To add to the growing price of ETH, a tweet from IntoTheBlock also highlighted a significant update from Q2. As per the tweet, ETH’s quarterly fees witnessed an…
The gaming industry’s unprecedented growth and the transformative potential of blockchain technology are converging to redefine the future of entertainment. Through blockchain, gaming is becoming more rewarding, meaningful, and inclusive. From the monetization of efforts and reputation to the redefinition of ownership and the cultivation of supportive communities; blockchain is revolutionizing the gaming landscape. Today we discuss blockchain technology’s role in reshaping some of gaming’s significant elements. Learn more about Web3 and play to earn games as delve deeper into this untapped domain. Gaming is becoming the most dominant industry in the world at an unbelievable pace. It is one of…
