Author: Crypto News Live

Blur (BLUR), an altcoin closely tied to the NFT sector, has seen a surge of over 20% within 24 hours, data from CoinMarketCap reveals. The token, which is native to the Blur NFT aggregator and marketplace, has experienced a considerable increase in trading volume of 1240% in the same period. Published: 28 June 2023, 7:00 am Updated: 28 Jun 2023, 6:36 am This sudden spike coincided with the token’s listing on Upbit, a leading South Korean trading platform, which spurred a 22% price jump. Currently, Blur ranks 44th globally in terms of trading volume, despite being 110th in market capitalization.Blur’s…

Top US-based crypto exchange Coinbase is filing a motion to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit against it. The SEC sued Coinbase earlier this month alleging that the platform was selling unregistered securities after it dubbed a number of crypto assets, such as Cardano (ADA), Solana (SOL), and Polygon (MATIC), as securities. However, Coinbase recently filed a motion with the Southern District of New York to dismiss the lawsuit, saying that the regulatory body lacks jurisdiction. In the filing, Coinbase argues that its transactions don’t qualify as securities. “Like all securities, an economic arrangement can qualify as…

The XRP market has been in a falling trend since the beginning of June. Trading around 47 cents on Thursday, experts argue that the daily price action is forming a bullish pennant flag in preparation for a breakout.Moreover, the SEC vs Ripple case ruling is expected to be issued anytime, according to timelines predicted by CEO Brad Garlinghouse. A win on Ripple, which entails XRP is not a security, could result in a bullish outburst towards ATH and vice versa if the SEC wins.Santiment Shows XRP Whales Are Accumulating MoreAccording to on-chain data analytics platform Santiment, XRP whale accounts holding…

BYTE CITY, a next-generation social gaming platform centered on digital collectibles, is preparing an immersive tribute to martial arts legend Bruce Lee. Backed by Cordell Broadus, BYTE CITY is a social network focusing on nurturing communities and fostering a vibrant digital culture. Their approach combines social interaction and gaming in a unique environment, offering an innovative space where brands can cultivate a dedicated fan base and foster community engagement.Bruce Lee in BYTE CITYBruce Lee’s enduring influence is evident throughout the global video game industry. Yet, his collaboration with BYTE CITY marks a historic moment: his first-ever appearance in a metaverse.…

Coinbase has sent waves throughout Web3 by taking a stand against the recent lawsuit filed by the U.S. Securities and Exchange Commission (SEC). In a response submitted on June 28, the exchange giant contends that the case lacks a solid legal foundation and should be dismissed. The action comes amidst ongoing tension between the digital asset industry and the top U.S. securities regulator. Where SEC vs. Coinbase stands The SEC’s suit, lodged in early June shortly after a similar suit against Binance, accused Coinbase of operating as an unregistered securities exchange, citing over a dozen tokens on the platform as…

Revolut, a UK-based neobank, said Tuesday that it’s reducing some of its crypto trading fees. The decision came as a response to customer feedback, signaling the firm’s commitment to offering competitive cryptocurrency market rates. “We’ve been listening to your feedback, and have decided to update our fee structure,” the company said in email sent to customers seen by The Block. “We’re happy to announce a reduction to some of our crypto trading fees.” The new structure will bring a decrease in trading fees for both standard and premium users. Standard and Plus customers will see crypto trading fees drop from…

Oasys, a cutting-edge blockchain optimized for gaming, recently shared significant updates about its blockchain gaming ecosystem at the inaugural Oasys Special Event, one of the main highlights of IVS Crypto 2023. Hosted at Kyoto’s historic Nijo Castle, the event featured presentations from 13 influential gaming and internet companies, including major players like Ubisoft and Com2uS.New Game Announcements and PartnershipsAt the event, Oasys divulged a series of new collaborations and game announcements that have been kept under wraps until now. A notable partnership formed with Com2uS / XPLA will enrich the blockchain gaming ecosystem in Japan, with a keen focus on…

Bron: PexelsDe altcoin Blur (BLUR) heeft in de afgelopen dagen te maken met grote koers fluctuaties. Waar het gisteren nog met meer dan 20% wist te stijgen is het vandaag alweer met meer dan 14% gedaald volgens data van CoinMarketCap.De token onderging hierdoor ook een gigantische stijging in handelsvolume, ondanks dat het handelsvolume vandaag met meer dan 20% is gedaald, heeft het platform nog steeds een 24-uurs handelsvolume van meer dan $183 miljoen. Deze trend ontstond nadat de token werd gelist op Upbit, een Zuid-Koreaans trading platform die een stijging veroorzaakte van 20%. Als het aankomt op handelsvolume bevindt de altcoin…

Officials in the United States are mulling tighter controls on an export regulation created to minimize the availability of artificial intelligence (AI) chips to China. According to sources close to officials, the stricter regulations would include clamping down on the level of computing power in chips that are exported. The sources say an update to the rules could come by late July. Such restrictions on the sale of powerful computing chips have caused alarm among some of the industry’s major players. At and investors conference on June 28, Colette Kress, the chief financial officer of Nvidia — one of the world’s…

Bitcoin’s (BTC) correlation with the Nasdaq sank to 3% in June, according to data from Kaiko – indicating diverging sentiment between cryptocurrencies and tech stocks. The price-performance for the leading cryptocurrency in June was between $24,800 and $31,360, opening the month at $27,200. BlackRock’s spot Bitcoin ETF filing on June 15 was a bullish catalyst, reversing the prior downtrend to a new year-to-date high of $31,440 some eight days later. Since then, Bitcoin has been trading in a narrow band between $29,860 and $31,030 – falling 3% since its YTD high on June 23. Source: BTCUSD on TradingView.com Meanwhile, the…