Author: Crypto News Live

Investors were showing confidence in BTC as they continued to buy.  Ethereum ETFs also witnessed major netflows on the 7th of November.  The United States election result stirred up several economic sectors across the globe, and crypto was not left out. The entire crypto market witnessed price upticks, including the king of cryptos, Bitcoin [BTC]. Not only did BTC’s price increase, it also registered record buying in ETFs.  Bitcoin ETFs hit new record CRYPTOBIRD, a popular crypto analyst, recently posted a tweet revealing a major development related to BTC ETFs. As per the tweet, a record of over 17k BTC…

N3TWORK Studios, a blockchain gaming platform, has launched Legendary Heroes: Unchained (LHU) and brought its Legendary ecosystem to the Base network, according to the most recent developments shared with Finbold on Friday, November 8. Legendary Heroes Unchained Epoch 1 debuts on November 7 for Loyalty Pass holders, while the public access launch is scheduled for November 8. To invite the community to expand LHU’s digital framework with unique contributions, N3TWORK is making parts of its codebase public. ‘Legendary Heroes: Unchained’ gameplay Instead of focusing solely on asset collection, Legendary Heroes: Unchained promises players more agency via customization and ownership features.…

Este artículo también está disponible en español. Ethereum has finally surged after breaking through a critical resistance level that had kept the price subdued since early August. This move has shifted market sentiment, as many investors and analysts previously doubted ETH’s potential in the current cycle, expecting it to lag behind. However, Ethereum’s recent strength is starting to reshape these perspectives. Prominent analyst and investor Ali Martinez recently shared insights indicating that while Ethereum’s momentum is building, the much-anticipated “Altseason” hasn’t arrived just yet.  Related Reading According to Martinez, this stage of the cycle typically sees Bitcoin outperforming Ethereum and…

Ethereum has all the right reasons to push for a $3K gamble this weekend But first, a few speed bumps need to be addressed Amid post-election liquidity, altcoins are pushing to new highs. Ethereum [ETH] has surged over 15%, breaking past $2.9K for the first time in 90 days. Meanwhile, Bitcoin’s historic drop in reserves is fueling FOMO, setting the stage for alts to follow suit. However, ETH faces headwinds: a dormant whale holding $1.14 billion in ETH has reactivated, sparking fears of a sell-off. Despite strong inflows, ETH still trails Solana, which is closing in on $200. With Bitcoin…

FOMC meeting cuts rates for the second time. BTC surged to a new ATH following the news. The Federal Open Market Committee (FOMC) meeting on the 7th of November played out as many market watchers anticipated—with a 25-basis-point cut to the benchmark federal funds rate.  This decision ignited a surge in the cryptocurrency market, sending Bitcoin [BTC] soaring to a record-breaking all-time high of over $76,000, proving once again that when the Fed speaks, Bitcoin listens—and rallies. Fed chair addresses resignation questions Notably, the FOMC meeting brought the target range for the federal funds rate to 4.5%–4.75%. Furthermore, it set…

The “SIM Free Smartphone Market” is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023.Growing Demand and Growth Potential in the Global SIM Free Smartphone Market, 2024-2031Verified Market Research’s most recent report, “SIM Free Smartphone Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030,” provides an in-depth examination of the industry that includes insights into the market analysis. Along with competition and geographical research, the report also covers recent developments in the worldwide industry. The…

Ethereum’s MVRV momentum neared a bullish cross, with technical indicators signaling strong upward potential Higher derivatives activity and short liquidations lent fuel to Ethereum’s bullish momentum Ethereum [ETH], at the time of writing, was gaining traction as it seemed to be approaching a critical MVRV Momentum cross above the 180-day moving average—A historical indicator of bullish performance. This signal, closely watched by traders, often marks the start of Ethereum’s strongest uptrends by highlighting when ETH is undervalued, relative to the average profit margin of its holders.  Following ETH’s recent rally from $2,400 to $2,800, the crypto community is eyeing this…

N3TWORK Studios, a US company engaged in the gaming sector, has just unveiled the launch of its flagship game “Legendary Heroes Unchained” on the Base blockchain. The migration from the main Ethereum network to the more scalable layer-2 had already been announced in September, but now the big moment has arrived. Thus begins Epoch 1 of this virtual property and hero enhancement game, which will make room for exciting new features. The holders of loyalty passes have already been able to test the Base network since yesterday, now access is open to the general public. All the details below, Crypto…

The NXI airdrop has two main initiatives to help you earn and engage before the NXI token launch in Dec 2024. In this article, you’ll learn about Billionaire’s Path: Build Your Fortune, a casual wealth-building game on Telegram with a $500,000 NXI token pool and an Everdawn Champions Airdrop Campaign with 105 million NXI tokens across multiple reward pools. Backed by Animoca Brands, this is NXI’s way of building a community-driven ecosystem. Let’s dive into how the airdrops work and what’s in them for you. Billionaire’s Path: Earn with a Casual Game on Telegram Billionaire’s Path: Build Your Fortune is…

AI Edge Computing Market According to the report, the global AI edge computing industry generated $9.09 billion in 2020, and is anticipated to generate $59.63 billion by 2030, witnessing a CAGR of 21.2% from 2021 to 2030.AI Edge Computing combines artificial intelligence (AI) with edge computing to process data locally on devices or near the data source rather than relying on centralized cloud servers. This approach enables real-time data processing, reduces latency, conserves bandwidth, and improves data privacy by keeping sensitive information closer to its origin. AI edge computing is essential for applications that require immediate insights, like autonomous vehicles,…