Author: Crypto News Live
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s becoming increasingly difficult to keep up with all the news, launches, and general happenings. Well, you can put the days of endless Twitter and Discord scrolling behind you as we pull together a weekly list of upcoming NFT drops you definitely don’t want to miss.…
TL;DRAs of Saturday, a new protocol called Ethscriptions on the Ethereum blockchain has become available.While today the protocol only allows for images, users can inscribe any type of file under ~90 kilobytes in size, and other types of data (like text) will be coming soon.Users have mostly welcomed the new innovation and there’s been over 30k Ethscriptions created in the ~48hrs since it launched.Chances are, as with the invention of Bitcoin Ordinals, this will spark a whole bunch of developers to use the Ethereum network in new and innovative ways.Full StoryIf you’re a bit of a degen believer in blockchain…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ETH saw a corrective bounce from key ascending support near $1600. Open interest rates declined; the CVD spot eased, suggesting muted demand. Ethereum [ETH] rebounded strongly from critical ascending support near $1600. But a recent report portrays grim prospects for the ecosystem as fees, NFT volume, TVL (total value locked), and overall network growth declined. Read Ethereum’s [ETH] Price Prediction 2023-24 The $1800 and $1700 price zones have been key support levels in Q2 2023. However, both supports have…
Altcoins collapse, TrueUSD loses its peg, and Binance and Coinbase head to court to battle the SEC. However, one fertile patch in the crypto ecosystem remains; the DigiToads (TOADS) presale. Early adopters have already made 10X even before listing. Investors that join the presale now can take advantage of its dynamic pricing model and, with no vesting period, can lock in their gains at any time. This article dives into the DigiToads protocol and how investors can get their hands on TOADS. What is DigiToads (TOADS)?DigiToads represents a new breed of DeFi project that aims to create a self-sustaining ecosystem within…
Ethereum developers have finalized the scope for the Cancun upgrade. The price showed signs of recovery, but interest in Ethereum NFTs fell. Despite the volatility in the cryptocurrency market, Ethereum [ETH] has consistently demonstrated progress. Its latest milestone comes with the finalization of the scope for the upcoming Cancun upgrade, which promises to bring significant enhancements to Ethereum. Is your portfolio green? Check out the Ethereum Profit Calculator Changes made as Cancun inches closer During the recent developers call, the Ethereum development team reached an agreement on the specifics of the Cancun upgrade, a major update that will introduce proto-dank…
The much-awaited ApeCoin election commenced its first day of voting on Thursday, June 15, at 6 p.m. EST. The election has captured heightened attention and has been amplified by the many daily Twitter spaces on the topic. This intense interest stems not just from Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) members but also from those outside these communities who seek to understand the election’s structure and dynamics. The surge in attention is due in no small part to the recent controversy involving the compensation and grants of its Special Council Members. However, not only is…
Tom Lehman, the former CEO of genius.com, has recently introduced a unique protocol to the Ethereum community. Named Ethscriptions, this new platform has sparked interest as it gives users another way to create and share digital assets on the Ethereum blockchain.The protocol utilizes Ethereum’s “calldata” and is considered a cost-effective and decentralized alternative to contract storage. Ethscriptions directly inscribe non-financial data under 96 kilobytes in size into the Ethereum main chain. This primarily includes images echoing Ordinals on the Bitcoin network.In a testament to the Ethereum community’s openness to innovation, Ethscriptions have seen swift and broad adoption. Despite the existence…
Summary: Ethereum Foundation researcher Michael Neuder proposed increasing the validator balance cap from 32 ETH to 2,048 ETH.The idea being considered within the developer community would stem the growing active validator set size and optimize network efficiency.Increasing the limits of validator balances would also make room for auto-compounding of rewards, allowing validators to earn maximum yield for their staked coins. Following a proposal from Ethereum Foundation researcher Michael Neuder, core developers of crypto’s largest altcoin network could increase the validator balance cap from the 32 ETH limit to a staggering 2,048 ETH if the idea garners support. Neuder shared the…
With over 46.8 million transactions recorded to date, the game reached a new milestone on June 18 with 2.093 million transactions in a single day, accounting for approximately 8.3% of all transactions on the Solana chain that day. This success has positioned Escape Velocity as a robust and flexible testing ground for the upcoming Star Atlas: Golden Era (SAGE) version, while maintaining a steady daily active user base. Since its launch, Star Atlas has experienced significant growth in transaction volume on the Solana chain. The number of transactions has surpassed 46.8 million, indicating the game’s increasing popularity and engagement among…
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Despite all the turbulence Solana (SOL) witnessed over the past six months, it remains a top-10 asset by market cap in the crypto sphere. This speaks volumes of investors’ and holders’ trust in Solana, dubbed the “Ethereum killer” by some of its more ardent users. This was reflected well on the price charts. Heading into 2023, SOL was hovering around the $10 support zone. It was already in the grips of a downtrend that stretched back to November 2021,…
