Author: Crypto News Live
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s becoming increasingly difficult to keep up with all the news, launches, and general happenings. Well, you can put the days of endless Twitter and Discord scrolling behind you as we pull together a weekly list of upcoming NFT drops you definitely don’t want to miss.…
Another judgment was recently handed down in the landmark case involving Hermès, the iconic luxury retailer, and artist Mason Rothschild. The court ruled in favor of Hermès, granting a permanent injunction against Rothschild’s sales of “MetaBirkin” NFTs. In the case, the jury found that these digital assets infringed upon Hermès’ trademark rights for its coveted Birkin bags. These high-end leather goods fetch tens of thousands of dollars per piece.US District Judge Jed Rakoff issued the ruling, indicating the injunction was necessary to prevent consumer confusion and protect Hermès from irreparable damage. In his June 23rd statement, Rakoff explained, “[The] Defendant’s…
Join Our Telegram channel to stay up to date on breaking news coverage As the crypto space experiences unprecedented growth and adoption, more volatility and uncertainty will likely follow. A recent Forbes report alerted the crypto community of a potential $15 trillion quake that threatens market stability. Forbes predicts that some of the cryptocurrencies that will be affected by this potential storm are XRP, Bitcoin, BNB, Ethereum, Cardano, Tron, Dogecoin, Polygon, and Solana. These forecasts have sparked widespread speculation among investors, traders, and enthusiasts who closely follow the performance of the crypto market. Forbes Warns of Crypto Earthquake Driven by…
Veteran crypto trader Tone Vays is predicting upcoming rallies for Bitcoin (BTC), saying that the crypto king is in full-on bullish mode. In a new strategy session, the seasoned analyst tells his 123,000 YouTube subscribers that the top crypto asset by market cap is flashing signs that it is set to burst to the upside. “I highly doubt we’re gonna crash in the next 12 hours, so [the] next candle will be a green star candle and that hopefully will set us off on a new swing high. The last green star candle took all the thunder. Now, most of…
Litecoin’s mining difficulty reached a seven-day high, but network transactions decreased. Litecoin experienced a high capital inflow amid increased open positions. The mining landscape for Litecoin [LTC] has witnessed a notable shift as mining difficulty continues to rise. According to CoinWarz, Litecoin’s mining difficulty increased from 24.76M to 26.38M in the last seven days. Read Litecoin’s [LTC] Price Prediction 2023-2024 Rising difficulty, falling transactions This increase implied that Litecoin miners were finding it more challenging to find the right hash for each block at press time. But on the positive side, the increase also ensured that more miners could enter…
Bitcoin’s transition phase was at 227 days at press time, as the market was awaiting a bull run. Supply on exchanges dropped as HODLers continued HODLing. Bitcoin’s [BTC] price has finally broken through the $30,000 mark, thanks to its recent upward trend following several weeks of languishing below that threshold. Read Bitcoin’s [BTC] Price Prediction 2023-24 Although this surge may signal a bullish period for the king coin, a recent report from Glassnode suggested that the market was still transitional. Bitcoin’s transition continues Bitcoin has made a notable move in its price trend, surpassing the $30,000 threshold. Although this breakthrough is…
Robinhood, the popular trading app, has recently experienced a remarkable increase in Dogecoin (DOGE) holdings among its customers, with the total amount rising by $1 billion, marking an impressive 11.16% surge within just one month.According to a tweet from @DogeWhaleAlert, a prominent wallet tracker, Robinhood’s total DOGE stash on behalf of its clients has soared by 11.16% since the end of May. In May, the platform’s wallets held 22,641,958,530 DOGE, valued at approximately $1,598,454,346.Fast forward to the present, and the data reveals a staggering rise in Robinhood’s DOGE holdings, currently standing at 38,317,905,469 DOGE, with a value of $2,579,369,807. This…
TL;DRRemember back in April when we wrote about the ‘Shapella’ upgrade? The Shanghai and Capella Ethereum network upgrades that gave investors the ability to withdraw their staked ETH for the first time?There is now a huge backlog of people wanting to either stake their ETH for the first time; or re-stake their ETH to earn that sweet, sweet, ~5% guaranteed annual return.All of this has led to some Ethereum core developers to propose raising the validator limit from 32 ETH, to 2,048 ETH.Full StoryAlright, ready to nerd out?Good.So, remember back in April when we wrote about the ‘Shapella’ upgrade? The…
De Arbitrum (ARB) token heeft de aandacht en interesse van investeerders enorm weten te trekken. Deze populaire coin staat ook wel bekend als de leidende Layer 2 schaaloplossing voor Ethereum. Zo heeft Arbitrum in slechts een week tijd een koersstijging ondergaan van $0,9411 naar $1,1691. De huidige koers staat zo rond de $1,1250.Arbitrum Orbit is een niet eerder geproduceerde tool van Arbitrum die Layer 3 netwerken kan versterken en revolutionaire mogelijkheden biedt voor het ecosysteem van de token. Mede hierdoor is Arbitrum een enorm succes. Onder investeerders is er een opmars in het vertrouwen om de schaalbaarheid van het netwerk rondom Ethereum…
A widely followed crypto trader is issuing a warning to market participants that he expects massive drops ahead for digital assets. In a lengthy message, pseudonymous trader and crypto bear Capo tells his 766,600 Twitter followers that he envisions Bitcoin (BTC) to drop toward the $12,000 level and for Ethereum (ETH) to dip to somewhere between $500-$700, though no specific timeframe is given. The strategist, who has remained bearish on crypto assets despite this year’s rally, also says he expects an altcoin capitulation that sees them losing more than half of their value. “The analysis hasn’t changed. Price is still…
