Author: Crypto News Live
On-chain data shows that in the last 4 hours, Huang Licheng sold some BAYC, MAYC, and Azuki on Blur. Specifically, 1 Azuki is sold for 16.78 ETH; 5 BAYC sold for 183.8 ETH; 12 MAYC sold for 85.48 ETH; 39 BAYC sold for 1428.71 ETH; 3 BAYC sold for 20.57 ETH MAYC. Machi Big Brother was one of the first NFT players with the largest trade size and a major BAYC player. The trading frequency, NFT holding rate, and selling price of this whale all significantly influence the NFT market, especially the floor price of blue-chip NFTs like BAYC. However,…
TL;DRWe’re glad to announce that blockchain and AI are dating again.Yesterday, Polygon Labs launched the Polygon Copilot which is a chatbot that provides insights and analytics about Polygon – and is trained on Polygon protocol documentation.On Monday, Etherscan released a code reader tool that uses AI to provide users with the ability to retrieve and interpret the source code of a specific contract address (click here for the full walkthrough).The killer application that onboards the masses into Web3 may not exist yet, but it’s great to see the creative ways blockchain companies are leveraging AI.Full StoryIf you’ve been a reader…
An unknown investor with a history of savvy trades has deposited $16 million worth of stablecoins into Binance, potentially to purchase more crypto assets. First spotted by blockchain-tracking firm Lookonchain, the whale has already made three extremely clutch trades in the past, including selling Ethereum (ETH) at a local top, trading USDC for ETH before it lost its dollar peg and withdrawing all of its funds from crypto exchange FTX right before the bankrupt centralized platform suspended user withdrawals. “A smart whale deposited 16 million USDC to Binance… The smart whale: Dumped 34,000 ETH ($65.4 million) when the price was…
The Securities and Exchange Commission (SEC) recently filed lawsuits against Binance and Coinbase. Binance, along with its founder Changpeng Zhao, faced accusations of various regulatory violations, while Coinbase, an important player in the cryptocurrency industry, was accused of operating as an unlicensed broker and exchange. These lawsuits against the two prominent crypto companies have garnered significant criticism from the entire crypto community.Attorney John Deaton, who is the Managing Partner of the Deaton Law Firm, joined other investors in asserting that the SEC’s actions against Binance and Coinbase were motivated by a desire to enable Wall Street to catch up with…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market was riding a wave of disbelief higher, and Bitcoin’s sally past $30.8k could open the bullish floodgates. A retracement back toward $28k could offer a buying opportunity. Bitcoin [BTC] did not see a retracement beneath the $29k mark over the past two days. Instead, the bulls could defend the $29.6k level, as at the time of writing, BTC was trading at $30.7k. Read Bitcoin’s [BTC] Price Prediction 2023-24 A recent report highlighted the growing accumulation among Bitcoin…
Transaction activity on zkSync Era surpassed Polygon zkEVM. MATIC surged, but network growth declined, pointing to challenges in sustaining interest. The zkEVM sector has continued to get crowded as competition increased between Polygon [MATIC], StarkNet, and zkSync Era. Notably, transaction activity on these protocols has surged since May for all three protocols. Is your portfolio green? Check out the MATIC Profit Calculator However, Polygon has not been able to make a significant mark in this sector. The zkEVM race intensifies According to Dune Analytics’ data, transactions on zkSync Era have far exceeded those on Polygon zkEVM, indicating a higher level…
The NFT market just witnessed a remarkable sale as an uncategorized Ordinal collectible on the Bitcoin network exchanged hands for a staggering 232.9 BTC, equivalent to $7.05 million. This transaction, which occurred on June 22, generated significant interest and propelled the trading volume of Ordinals to new heights.The NFT was initially minted on June 8, coinciding with block number 793391. Since then, it has been traded 18 times within the span of two weeks. Following the high-profile sale, the trading volume of Bitcoin Ordinals experienced a substantial surge, skyrocketing by 220% within a 24-hour period. The increased activity propelled the…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin (BTC) trading can be both lucrative and challenging. Developing effective trading strategies that can help traders navigate complex and ever-changing market conditions is one way to go about it. This is especially true as far as the world’s largest cryptocurrency is concerned, an asset that is no stranger to volatility over the years. For a long time, the crypto’s price hovered between $200 and $1,000 on the price charts. However, in late 2017, BTC’s value exploded, hitting an…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The first quarter of the new year brought a stop to the heartbreak investors repeatedly experienced in 2022. However, the balance of the crypto-market has been nothing close to the AI hype of the same period. What is the sole reason, though? ChatGPT! In fact, the natural language processing tool has accustomed itself to providing human-like conversations. As luck would have it, ChatGPT has proven to be worthwhile for traders and analysts too. Here, it’s worth noting that these…
Polkadot’s successful referendum upgraded Bridge Hub for enhanced blockchain interoperability. There was declining interest in DOT staking despite high rewards and bearish price trend. Despite the volatile nature of the cryptocurrency market, Polkadot [DOT] has persevered and made progress through its governance system. Is your portfolio green? Check out the Polkadot Profit Calculator New changes In a recent successful referendum, the upgrade of Bridge Hub to runtime v9420 was proposed and executed. The Bridge Hub serves as a vital communication and interoperability tool for blockchains within the Polkadot ecosystem. It acts as a central hub, facilitating the smooth transfer of…
