Author: Crypto News Live
The metaverse is gaining significant attention in the Web3 ecosystem. Despite the ongoing bear market, venture capital investments in the metaverse sector have soared. This article explores the promising developments in the metaverse industry, including the augmented reality/virtual reality (AR/VR) sector, trade volumes in digital land, and investor sentiment.Venture Capital Investments in the MetaverseThe metaverse sector has captured the interest of venture capitalists, with a remarkable $707 million invested in the first half of 2023. This accounts for 44% of total Web3 investments during the same period, underscoring the growing significance of the metaverse in the digital landscape. Despite the…
We’re having a Garden Stages in the @Azuki Discord tomorrow at 6pm PT. Join me @steamboy33 @locationtba in the garden (I promise it’ll be more than 10 minutes). — ZAGABOND.ETH (@ZAGABOND) June 28, 2023 According to the news yesterday, after Azuki’s sale of Elemental caused controversy, Azuki announced that they would make further statements and plans regarding Elementals. Some community members have discovered that the contract address Elemental Beans has launched a new contract called Green Bean. Azuki’s official Twitter suggests that they will broadcast the “Green Bean” NFT to holders. Introducing a new contract by “Green Bean” has sparked…
Ubisoft has made a significant announcement regarding its venture into the world of blockchain gaming. After years of experimenting with NFT tie-ins and blockchain collaborations, Ubisoft has officially unveiled its first blockchain game, “Champions Tactics: Grimoria Chronicles.” The announcement took place during Oasys’ Special Event in Japan, a part of Japan Blockchain Week and sponsored by the Ministry of Economy, Trade, and Industry.Champions Tactics: Grimoria Chronicles is an upcoming player-versus-player (PvP) tactical role-playing game (RPG) being developed by Ubisoft. Set in the dark and mystical world of Grimoria, players will have the opportunity to assemble a team of mythical champions…
Ethereum’s exchange reserve increased which meant it was reeling under selling pressure. Most of the market indicators were bearish, but a few metrics supported the bulls. After crossing the $1,900 mark, Ethereum [ETH] once again witnessed price corrections as its value declined. Interestingly, a tweet from Lookonchain pointed out that whales were selling their ETH holdings. This could be detrimental for ETH as it can result in a further price plummet. Read Ethereum’s [ETH] Price Prediction 2023-24 Whale confidence declines CoinMarketCap’s data revealed that ETH’s price declined by more than 4% in the last seven days. At the time of…
The cryptocurrency market has slowed down significantly over the past few days, with most of the coins being completely unable to break out. Throughout the past 24 hours, specifically, the major cryptocurrencies are mostly trading slightly in the red. Bitcoin Price Fights For $30K The major cryptocurrency seems to have given up on the idea of breaking above $31K, and now the major issue seems to be whether $30K will hold or not. $30K is touted by many as a pivotal level, and it’s important to see whether Bitcoin will manage to remain above it. Source: TradingView As seen in…
MicroStrategy adds to its Bitcoin portfolio with the latest $347 million purchase. BTC addresses holding over 1,000 BTC started buying BTC showing confidence in the coin. Bitcoin [BTC] might be about to experience a wave of institutional liquidity inflows. Multiple factors including regulatory uncertainty have kept institutional investment at bay but that might be about to change thanks to MicroStrategy. Is your portfolio green? Check out the Bitcoin Profit Calculator Most institutional investors have notably stayed away from Bitcoin and altcoins after the events that caused the 2022 crash. However, MicroStrategy founder Michael Saylor just announced that his company just…
Blackrock’s application to the SEC for a Bitcoin ETF has caused Bitcoin’s volatility to return. After months of low trading, the recent rally pushed Bitcoin above $30,000. While Ethereum is still experiencing rejection from a significant resistance level, Bitcoin is forming a new pattern that could potentially lead to a breakout. According to a new YouTube video by Crypto World, Bitcoin is facing an important resistance level of around 30.5K, which needs to be broken for a confirmed breakout. Ideally, a weekly close above $31,000 would confirm the breakout. Looking at the daily Bitcoin chart, he observed a short-term cool-off in the…
Leading Metaverse platform The Sandbox launches its much-awaited Mega City 3 LAND sale in Greater China. This sale is a rare opportunity for participants to experience the best of education, art, culture, and entertainment from 17 of its partners in the vibrant Greater China neighborhood. Win big with The Sandbox! How to Enter The Sandbox Mega City 3 LAND Sale The sale features 222 regular and 12 premium LANDs. This is along with the auctions of 6 estates and 12 1×1 LANDs. The Sandbox has drawn inspiration from the vibrant city of Greater China to create Mega City 3, a…
Sotheby’s has announced that it will use a Dutch auction format for the first time in its 300-year history for a digital sale celebrating the renowned artist Vera Molnár, according to information provided to nft now. The sale will inaugurate the launch of the legacy auction house’s Gen Art Program powered by Art Blocks’ Art Blocks Engine — the Web3 company’s generative art solutions platform that provides technical infrastructure support for brands looking to expand their generative minting capabilities. The sale, which marks the largest on-chain generative art project to date for the artist, is titled Themes and Variations and…
Popular NFT collection Azuki ended a fresh mint with 20,000 ETH (around $37.5 million) in the bag — before it was ever open to the public. The new collection, called Azuki Elemental Beans, contains 20,000 NFTs tied to Azuki’s main collection. Consuming an Azuki Elemental Bean reveals the user’s Azuki Elemental, an avatar that can control water, fire, earth or lightning, according to the collection’s OpenSea page. Half of the NFTs were given to Azuki holders for free. The auction started at 12:00 p.m. ET for Azuki holders, who could mint one Elemental for every Azuki NFT owned. At 12:10…
