Author: Crypto News Live

Binance, one of the world’s largest crypto exchanges, is seeking to make a major upgrade to its Bitcoin infrastructure. After developer and Taproot Wizard founder Udi Wertheimer reported finding “Binance nodes” on the Lightning Network on June 16, the exchange giant has now revealed its intention to integrate Lightning, a layer two scalability solution built on the Bitcoin blockchain.  Binance onboards the Lightning Network Although Binance made this announcement via Twitter in the early morning of June 20, the company did not provide a specific timeline for the completion of the Lightning Network integration, stating that there is still more…

In the most recent data, non-fungible token (NFT) sales for this week have experienced a rise of 11.60% compared to the previous week. Moreover, the number of individual buyers purchasing NFTs in the past seven days has jumped 95.20%, reaching a total of 664,096 buyers. This Week’s NFT Sales See a Modest Rise of More Than 11%, Bitcoin-NFTs Still Hold Second Position According to data from cryptoslam.io on June 20, 2023, the past week has seen a modest increase in NFT sales, with a recorded total of just over $146 million. This marks an approximate rise of 11.60% compared to…

Etherscan, the popular blockchain explorer for the Ethereum network, has announced the integration of ChatGPT, an AI language model developed by OpenAI, into its suite of tools. This integration comes as Etherscan launches its new beta tool called Code Reader, which utilizes the power of ChatGPT to enhance the analysis of smart contract source code.A Powerful Tool for Source Code RetrievalThe Code Reader tool aims to simplify the process of retrieving and interpreting the source code of a specific smart contract address on the Ethereum blockchain. By integrating ChatGPT’s capabilities into their analytics platform, Etherscan allows users to gain deeper…

United States President Joe Biden will discuss artificial intelligence (AI) with a group of Silicon Valley experts on June 20 between campaign fundraising stops in California. The president will meet with at least eight experts, including renowned researchers and experts in AI safety. According to the White House, the topic of discussion will be the Biden administration’s “commitment to seizing the opportunities and managing the risks of Artificial Intelligence.”Per a report from The Associated Press, the attendee list includes Jim Steyer, founder of Common Sense Media; Tristan Harris, co-founder of the Center for Humane Technology; Fei-Fei Li, co-director of Stanford’s Human-Centered…

Widely followed crypto analyst Benjamin Cowen is warning that Ethereum (ETH) could correct in a big way as he believes the leading altcoin is poised to retest a long-term trend indicator before it could give birth to a new bull market. In a new strategy session, Cowen tells his 785,000 YouTube subscribers that Ethereum has been respecting the fair-value logarithmic regression band as support since 2017. According to the analyst, the logarithmic regression band is designed to track the fair value of an asset using “non-bubble data.” Cowen says that in an optimistic scenario, Ethereum may retest the upper bound…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Key technical indicators on the daily chart were negative.  Supply on exchanges surged, highlighting sellers’ leverage.  ApeCoin [APE] could close Q2 2023 in the red if the negative price charts indicators and on-chain metrics persist. The token has depreciated since late January, dropping from its peak of $6.42 and cracking key support levels.  Read ApeCoin [APE] Price Prediction 2023-24 Bitcoin [BTC] has maintained the $26k price zone since 16 June. BTC’s cues could hold APE’s further drop for a…

Second Life, the massive metaverse from Linden Lab, has declared a partnership with the legendary Motown Records and STYNGR, a platform that successfully interlinks the worlds of music and gaming. This partnership signals a new era of music experiences on the Second Life platform. Second Life’s rich virtual landscape, home to in-world appearances by both classic and contemporary Motown artists, will be their stomping ground.The Advent of an Interactive Music VenueIn this collaboration, Second Life becomes the host of an immersive music venue designed explicitly for Motown Records. This venture will create a platform for top classic and contemporary Motown…

Things are once again heating within the Yuga Labs NFT ecosystem — and this time, it all has to do with HV-MTL. Launched in March 2023, the Bored Ape-adjacent NFT collection has already gained significant traction in Web3 and is about to undergo a major evolution. Billed as one of the “final” stops in the still-evolving, multi-part MDvMM.xyz saga, information about HV-MTL has slowly been unveiled over time. But now, we know that all 30,000 HV-MTL mech NFTs will soon become interactive, as Yuga has announced season one of the “HV-MTL Forge.” What to know about the HV-MTL Forge Announced via Twitter,…

Join Our Telegram channel to stay up to date on breaking news coverage Shiba Inu registered a notable price increase over the past seven days compared to PEPE and other meme coins. This price recovery amid bearish market trends did not go unnoticed by prominent meme crypto investors. In a June 19 tweet, a prominent US politician, Shannon Bray, admired Shiba Inu’s price pump, saying he is thankful for not investing in Pepe Coin (PEPE). The politician acknowledged Shiba Inu’s precedence in market recovery over other meme coins. Bray Hypes SHIB’s Performance, Calls for Actions to Sustain Price Momentum Bray had expressed…

In a bearish forecast for the cryptocurrency Cardano ($ADA), popular digital currency analyst Benjamin Cowen suggested that the digital asset could continue to languish for the remainder of the year before bottoming out. During a recent strategy discussion, Cowen drew on historical market trends to suggest that Cardano may not hit its nadir until 2023 has drawn to a close, highlighting the ADA/BTC ratio as a key metric to monitor, and noting that if the pair drops to roughly 0.000004 BTC, it could signal a turning point for the smart contract platform. Per his words, based on the last cryptocurrency…