Author: Crypto News Live
On June 22, Midjourney announced the rollout of version 5.2 of its text-to-image AI model via Twitter. The latest update to the program since the company announced the release of V5.1 in May, V5.2 comes with some fun updates and toys that AI art lovers are already experimenting with in highly creative ways. The upgrade can produce some seriously impressive results, but like any tool, it works best when you have an idea of its capabilities and limits. If you’re unfamiliar with how to use Midjourney in general, head over to our guide on the image generation program first before…
Endorsements are a broad component of marketing. Notorious brands secure a large percentage of their budget for endorsements. Allegedly, 28% of Nike’s marketing budget goes to athletes to lock in their endorsement deals. Celebrity endorsements are not a marketing innovation that came along with the rise of social media. In fact, it has been a well-established marketing strategy since the late 19th century. Many studies have shown that consumer attitudes and behaviour are modified by celebrity endorsements. Social media influencers have taken it to another level. For example, Kim Kardashian gets paid $250,000 per photo endorsing a product on social…
TL;DRA bathhouse in New York City just revealed that a Bitcoin mining rig was being used to heat its pools.At first glance, this reads as a total gimmick…but it’s actually kind of genius. (Weird, for sure. But genius).Because the folks behind this have taken a cost center in their business and figured out how to turn it into a profit center.Full StoryIn the 1920’s, Henry Ford had a problem (and it had nothing to do with cars).Ol’ HF had a sawmill that generated a whole bunch of scrap wood, which was costing him a pretty penny to dispose of.His solution?…
ETH’s staked supply was close to flipping ETH’s exchange supply. The convergence underlined that people were taking ETH out of the market to use it as yield-earning investments. A researcher from blockchain analytics firm Nansen took to Twitter to draw attention to a fascinating trend developing in the Ethereum [ETH] ecosystem. Source: Nansen The snippet attached in the tweet dated 22 June revealed an interesting convergence of the amount of ETH staked on the network and ETH’s supply, which was available on exchanges for buying and selling. Is your portfolio green? Check out the Ethereum Profit Calculator Staking becomes lucrative Users…
Gods Unchained, a blockchain card trading game developed by Immutable Studio, has launched on Epic Games Store (EGS). Following this launch, GODS, the native token of the Gods Unchained ecosystem, has rallied 50% from June 2023 lows, expanding in line with the broader cryptocurrency markets spearheaded by Bitcoin, which is currently trading above $31,000. Gods Unchained launches on Epic Games Store The game recently announced its debut on Epic Games Store, a digital gaming distribution platform with over 230 million PC gamers, including a community of digital trading card enthusiasts. As one of the original web3 games, Gods Unchained has…
Another land sale hits The Sandbox, this on for a music-oriented neighborhood centered around an estate owned by Warner Music Group. With a dozen other musical artists and companies nearby, this area could end up being a hub for musically themed Sandbox experiences! We continue to see more integration of blockchain and music industries this summer. The latest news on that front comes from The Sandbox and Warner Music Group, who have partnered up for a new land sale, referred to as the ‘Infinite Pulse Land Sale’. Registration for the land raffle is open now. The neighborhood with plots available…
Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official announcement, Binance.US noted that its systems are fully operational and that users with failed requests can begin to resubmit. The exchange then assured…
XRP and BTC have lost the long-term price correlation in recent months. Despite the argument in the XRP camp, both assets followed the same sentiment route. As two of the most prominent cryptocurrencies that have garnered significant attention and interest, Ripple [XRP] and Bitcoin [BTC] ignited an ongoing debate about the correlation between both assets. Realistic or not, here’s XRP’s market cap in BTC terms In the past, some have argued that Ripple’s use cases set it apart from Bitcoin. Others, on the opposing side, believe that the fate of XRP is intricately tied to the performance of BTC. BTC and…
As ongoing regulatory pressures ramp up towards several cryptocurrencies, Bitcoin (BTC)has shown impressive resilience, breaking the $31,000 barrier today and marking its highest close of the year. This jump comes after a prolonged period of stagnant trading, with Bitcoin wavering between $25,000 and $30,000 since March 16. BTCUSD (Source: TradingView) The liquidation volumes for each cryptocurrency over the past 4 hours were $30.01 million in Bitcoin, $17.27 million in Ethereum (ETH), and $3.15 million in Bitcoin Cash (BCH), according to Coinglass data. These values contribute to the total 4-hour liquidation amount of $72.20 million, comprised of $13.01 million of long…
Litecoin made its way to the top 10 cryptocurrencies as of 23 June. Despite a positive price action, LTC’s metrics didn’t favor the altcoin to a great extent. Now that the end of Q2 2023 is near, the cryptocurrency market was seen making progress in full swing. Most cryptocurrencies stood in the green and were witnessed making bullish strides. One such cryptocurrency was Litecoin [LTC]. As of 23 June, the Litecoin Foundation announced the launch of Litecoin Space which will help the blockchain focus on memepool visualization. Furthermore, the block explorer would also benefit developers in a number of ways.…
