Author: Crypto News Live

Crypto trader and analyst Bluntz Capital shared his bullish outlook for SOL in a tweet. The trader believes that there is still room for SOL’s price to rise another 100%. At press time, SOL was trading at $16.746 after gaining 5.44% gain in the past 24 hours. A popular crypto trader and analyst Bluntz Capital took to Twitter to share his extremely bullish outlook on Solana (SOL). According to the trader, SOL has witnessed a solid and powerful reaction from a major support level, accompanied by a clear three-wave decline when observed on higher time frames. The post added that…

Read More

BTC’s miners’ inflow registered an increase when mining costs went up  Bitcoin’s price increased by more than 8% in the last 24 hours, and a few metrics were bullish  Bitcoin’s [BTC] price remained under the $28,000 mark for multiple weeks, which impacted miners’ revenue. As per the last analysis, miners had to sell their BTC holdings to make ends meet. However, the scenario as of 21 June was changing as BTC was witnessing a price pump. But will this uptrend be enough to change miners’ mindsets in the coming days?  Is your portfolio green? Check the Bitcoin Profit Calculator Why…

Read More

The largest stablecoin issuer in the world is announcing its expansion ontp Kava (KAVA), an interoperable layer-1 blockchain. In a new press release, Tether (USDT) says that its dollar-pegged crypto asset will be launching over the Kava network, sending the decentralized finance (DeFi) platform’s price skyrocketing. KAVA is trading for $0.934 at time of writing, a significant 12.9% increase during the last 24 hours. Paolo Ardonio, the chief technology officer (CTO) of Tether, commended the network’s security in the press release. “We’re thrilled to be launching USDT on Kava, offering its strong community access to the world’s first, most stable,…

Read More

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion OP posted over 20% gains in the past 24 hours at the time of writing  More shorts positions liquidated on the lower and higher timeframes  Optimism [OP] is poised to reverse all losses seen in early June if its press time trajectory continues. The native token of the Layer 2 roll-up surged over 20% in the past 24 hours, rising from $1.12 to $1.4.  Is your portfolio green? Check out the OP Profit Calculator  The upswing followed Bitcoin’s [BTC]…

Read More

Artists who use AI tools like Stable Diffusion and Midjourney often catch flack for producing work that is somehow cold, unfeeling, or lacking a distinctly “human” touch. The great irony buried just beneath the surface of this critique is twofold; first in that it glosses over the necessarily collaborative nature of such tools. But the second rebuttal to that kind of decontextualized condemnation contains an almost poetic paradox: after all, the machine learning processes that form the foundations of these programs are part of a field of study that is specifically geared toward replicating human intelligence. In other words, reproducing…

Read More

The following is a guest post from Nilmini Rubin, Chief of Staff and Head of Global Policy at Hedera.When I testified on the future of digital assets in front of the House Subcommittee on Commodity Markets, Digital Assets, and Rural Development, the discussion addressed the impactful uses of cryptocurrencies and how the lack of US regulatory clarity was thwarting blockchain industry development in the US.The House Financial Services Committee and the Agriculture Committee met jointly in May to work on crypto legislation, and this represents a significant opportunity for the US to re-establish its position as the leader in internet…

Read More

Despite occasional hiccups in the cryptocurrency sphere caused by businesses going bankrupt and regulators filing lawsuits, Cardano (ADA) has been recording steady growth in terms of its adoption during the month of June. As it happens, Cardano has been adding an average of 2,446 new crypto wallets every day since June 1, 2023, bringing the total number of Cardano holding addresses to 4,161,225, according to the data retrieved by Finbold from Cardano Blockchain Insights on June 21. Total number of ADA wallets in June. Source: Cardano Blockchain Insights Adding ADA addresses In other words, the Cardano network has grown larger…

Read More

Bitcoin (BTC) experienced a “flash-pump” to $138,000 on Binance.US during early trading hours of June 21, according to data from the crypto exchange. The Bitcoin price spike lasted only seconds before returning to its normal level and was specific to the exchange’s BTC/USDT trading pair, while other assets continued trading at their usual levels. Low market depth Since the U.S. Securities and Exchange Commission filed its lawsuit against Binance.US on June 5, market makers and traders have fled the exchange due to concerns about potential asset lock-ups. Blockchain analytical firm Kaiko reported that the exchange’s market depth fell by almost…

Read More

Renowned cryptocurrency analyst, Egrag Crypto, sheds light on the impressive surge in the value of Ripple’s digital token, XRP. Read on to benefit from his two-pronged analysis approach.Bright Days Ahead For XRP#XRP RGB 1 & 2 ( 10$ or $124)!!!!Simple, Rational:Don’t dismiss the possibility of history repeating itself just yet. #XRP might be the only #Crypto with legal clarity, unlike even #BTC which lacks it except for some #SEC officials acknowledging it.📈 Simple, TA:Based on… pic.twitter.com/GsW9pchR51— EGRAG CRYPTO (@egragcrypto) June 19, 2023 Egrag Crypto emphasizes the unique position of XRP, which has achieved legal clarity surpassing even industry giant Bitcoin. This…

Read More

As part of a truly unusual recruitment drive, the German Intelligence Agency, Bundesnachrichtendienst (BND), has launched an NFT collection called Dogs of BND. The initiative aims to attract tech-savvy individuals adept in blockchain technology and NFTs to aid in combating cybercrime. Inspired by the agency’s Pullach branch service dogs, Inka and Alex, the collection comprises 999 generative avatar images of dogs with varying characteristics. This includes many standard PFP traits, such as background colors, outfits, eyewear, headgear, and hairstyles. Although the collection is fully minted on the Ethereum blockchain, the pieces within it can only be obtained by users willing…

Read More