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. AVAX was yet to reclaim the March low of $14. Buying volumes in the futures market dipped. Since 20 June, Avalanche [AVAX] bulls gained ground, recording 20% after rising from $11 to $13.7. However, the recovery faltered below the March low of $14, setting in a short pullback that threatens to claw back recent gains. Is your portfolio green? Check out the AVAX Profit Calculator Meanwhile, Bitcoin [BTC] was facing a major tussle between bulls and bears over the…
Metaverse Beauty Week (MBW) is among the leading metaverse events dedicated to digital and real-life beauty, set to run between 12-17 June. TL;DR Metaverse Beauty Week starts on June 12th in the Decentraland, Roblox, and Spatial metaverses, as well as IRL in London. The five-day event will host beauty brands such as Neutrogena, Glossybox, and virtual icons like YouTube skinfluencer Cassandra Bankson. MBW aims to promote and innovate the beauty industry by connecting leading brands to the Web3 space. Metaverse Beauty Week will run between June 12-17, and it’s ready to host top brands in the beauty industry – both…
On June 27, the Azuki Elementals mint went live, generating immense fanfare throughout Web3. Billed as the next evolution of the popular anime-themed PFP project, Elementals sold out in record time, failing to make it past presale before all 20,000 NFTs had been minted. Perhaps to be expected, though, not everything went off without a hitch. From unsatisfactory mint mechanics to an underwhelming reveal, after the dust had settled from the launch, scrutiny of the Azuki sister project became both severe and unwavering. Now, Azuki has responded to the mounting opposition faced by its Elementals collection. A recap of the…
In a significant step forward for the development of Zero-Knowledge (ZK) technology, an innovative field pertaining to privacy and security in digital transactions, zkSync has announced the launch of zkStack.Created by Matter Labs, zkSync launched in its current form in March 2023. It is a layer-2 scaling solution for Ethereum, using zk rollups, and was the first zkEVM chain to go live on the mainnet.As the zkSync team on Twitter reported, zkStack represents an extended vision of the ZK Credo, designed to serve as a modular framework for building sovereign ZK-powered chains, otherwise known as Hyperchains.zkSync has evolved from a…
Renowned Bitcoin advocate and advisor to the president of El Salvador, Max Keiser, has once again stirred up controversy with a recent tweet. Taking to Twitter, Keiser boldly denounced a wide range of cryptocurrencies, including ETH, XRP, ADA, BNB, and countless others, labeling them as scams.Oh, and he didn’t stop there; he also included NFTs in his scathing remark.What Prompted These Allegations?Known for his aggressive stance towards altcoins, Keiser has frequently voiced his criticism of them on social media. Consistently referring to any coin other than Bitcoin as securities, he has become a controversial figure within the crypto community. In…
In a recent episode of the popular crypto market commentary YouTube series “Cheeky Crypto,” the host (Nick) got into a detailed technical analysis of Cardano (ADA). The video provides insights into the recent performance of ADA and what might be expected next. Nick begins the video by addressing some confusion caused by recent videos about market expectations. He maintains his belief that a market crash is imminent, followed by a pump. He criticizes individuals who change market directions without logical explanations and finds it absurd that he has to acknowledge this behavior in a video. The video discusses the concept…
A widely followed crypto analyst is predicting when Bitcoin (BTC) will likely hit six figures for the first time in its history. Pseudonymous analyst Kaleo tells his 592,400 Twitter followers that he believes Bitcoin will cross the $100,000 level in late 2024 or in early 2025. “When do you think Bitcoin breaks above $100,000? My guess is early 2025. Wouldn’t be shocked to see late 2024. The earlier it happens, the more fun we have in 2025.” His timing of Bitcoin hitting six figures puts it soon after Bitcoin’s next halving event, which is expected in April 2024. The trader…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The H4 market structure and momentum of Ethereum were bearish. The move above $1930 collected liquidity before rejection, showing seller dominance. As the largest altcoin in the market, Ethereum [ETH] is an asset that can sometimes shed light on what the rest of the altcoin market is poised for. Hence altcoin traders can find interesting information from the ETH price chart. Is your portfolio green? Check the Ethereum Profit Calculator Over the past few days, Ethereum has flipped its…
Despite the brutal bear market, metaverse projects have managed to capture 44% of total web3 investments in 2023. TL;DR Metaverse dominates VC investments, with $707M poured into projects in H1 2023, representing 44% of web3 investments. The AR/VR sector shows promise for the metaverse, as tokens experience a 5% surge following Apple’s Vision Pro headset launch. However, temporary setbacks occur when regulatory authorities classify tokens as securities. Digital land trade volume in Q1 sees a significant increase, which is its highest level since 2022. But trade volumes decline by 81% in Q2. Despite this, the metaverse industry continues to grow.…
However, the amount raised outpaced actual market volume and user growth, suggesting that enthusiasm remains concentrated among venture investors. Mainstream collectors have yet to match the interest. Unique users and trading volume continue to decline. The market needs to move beyond temporary hype and speculation and attract broader participation and success across projects. Data of this report was obtained from Footprint’s NFT research page. An easy-to-use dashboard containing the most vital stats and metrics to understand the NFT industry, updated in real-time, you can find all the latest about trades, projects, fundings, and more by clicking here. Key Points Crypto…
