Author: Crypto News Live

LBANK is thrilled to announce the listing of the Switch Token (SWITCH) on our platform.  This is the first Centralized Exchange listing for the Switch Token.    About The Switch Token The Switch Token was launched on the decentralized exchange Uniswap on February 23, 2023.   Since its launch it has been listed on CoinGecko, CoinMarketCap and has had an average trading volume of over $100,000 on the decentralized exchange. The community surrounding the Switch Blockchain continues to grow in numbers on platforms such as Twitter, Discord, and Reddit. At the time of this writing the SWITCH ERC-20 token was held…

What is CyberKongz? CyberKongz is a set of 1,000 NFTs featuring 34 × 34 pixel pictures of uncommon, distinctive, and randomly created apes. Just 989 of the original 1,000 NFTs were sold on OpenSea, CyberKongz #810 was retained as the project’s mascot, and 10 CyberKongz Legendary were sold two weeks later. Despite the lack of a pre-release advertising effort, the project drew a lot of interest from NFT fans, and CyberKongz avatars immediately became popular on social media. You’d be hard-pushed to find PFP projects that have been around longer than this one, which was given to the public on…

Stablecoin issuer Tether issued $11.6 billion of collateralized loans between June 2019 and May 2021, according to documents released this week by the New York Attorney General that relate to a legal settlement. Out of the 694 loans, 89% of the total amount of loans was issued against bitcoin as collateral, while 9% had ether as collateral. The remaining 2% was split between Tether Gold (XAUT) and unnamed securities. Tether received a cumulative total of 450,000 BTC in collateral and 1.1 million ETH. The documents also show that $8 billion of loans were repaid during that period. “Tether has historically…

Ethereum fees and TVL decreased as Bitcoin dominance continued to squash the possibility of an altcoin season. The NFT market volume, as well as the network growth, dropped. Although many unfortunate incidents rocked the 2022 crypto market, participants seemed to have survived the fears of repeated capitulation. While the first half of the new year may have offered some respite, there were still signs that the crypto winter was not entirely over. Read Ethereum’s [ETH] Price Prediction 2023-2024 One cogent reason for this is the position of Ethereum [ETH] and the sectors operating under the blockchain. According to IntoTheBlock, the…

Long-term Bitcoin holders remained unfazed by market volatility. Retail investors and whales showed growing interest in BTC. Amidst recent uncertainties surrounding the crypto market due to the SEC’s lawsuit and FOMC’s announcement, long-term Bitcoin [BTC] holders have continued to display unwavering faith in BTC, unaffected by the recent market volatility. Is your portfolio green? Check out the Bitcoin Profit Calculator For old time’s sake According to data from Glassnode, the spending of mature coins, which have been held for an extended period, remained relatively inactive compared to their typical level, even amidst significant year-to-date (YTD) price fluctuations. This suggested that…

Bitcoin whales led the recovery charge with close to 1,000 transactions. BTC has gained around 5% in value in the last three days. Last week witnessed a series of downward spirals in the price of Bitcoin [BTC] for many reasons. Nonetheless, as the weekend approached, a glimmer of hope emerged with a slight resurgence in value, accompanied by an upward trend in transaction volumes. Read Bitcoin’s [BTC] Price Prediction 2023-24 Bitcoin whales ramp up transactions Santiment’s crucial Bitcoin metric offered an insightful view of the cryptocurrency’s recovery journey, highlighted by a surge in activity. Despite a price decline, the whale…

In the fast-paced world of cryptocurrencies, a remarkable opportunity is emerging for Altcoins. Bitcoin, the undisputed leader of the crypto market, is showing signs of a breakthrough. If successful, the breakout could have a domino effect, leading to a substantial recovery for Altcoins and presenting traders and investors with the potential for impressive gains ranging from 25% to 30%.Bitcoin BreakoutBitcoin has been locked in a falling wedge pattern, creating a sense of anticipation among market participants. This pattern is characterized by converging trend lines with a downward slope. Should Bitcoin successfully break out of this pattern, it could mark a…

Positiv erlebt der digitale Währungsmarkt den Start in das Wochenende. Zu den großen Gewinnern gehört mit SUI der native Coin der gleichnamigen Layer-1-Blockchain, die erst vor wenigen Wochen von den ehemaligen Facebook-Entwicklern gelauncht wurde. Nachdem der Handelsstart wenig erfolgreich lief und der SUI Coin immer noch rund 65 % unter dem Rekordhoch aus dem Mai notiert, stellt sich die Frage nach einer Trendwende. Denn der 15 % Pump in den letzten 24 Stunden offenbart schon eine gewisse relative Stärke und ist weitaus mehr als eine technische Gegenbewegung. Dennoch dürften in eine Investitionsentscheidung immer auch die Renditechancen einfließen. Mit AiDoge (AI) startet…

A rival of Binance USD (BUSD) has flipped the dollar-pegged asset to become the third-largest stablecoin in the world. New data reveals that Dai (DAI), the stablecoin issued by MakerDAO, has surpassed BUSD as Binance, the world’s largest crypto exchange platform by volume, struggles with mounting legal issues and regulatory setbacks. At time of writing, the market cap for DAI sits at around $4.39 billion while BUSD clocks in at $4.3 billion. Recently, MakerDAO voted to raise the savings rate of DAI from 1% to 3.49% starting June 19th. According to the decentralized autonomous organization (DAO), the new increase in…

Solana experiences surge in new contracts, indicating growing adoption and utilization of the network. NFT trading volume decreases, but stakers show continued interest as Solana’s price sees recovery. Despite facing multiple network outages and witnessing prominent NFTs bridging to other networks, Solana has demonstrated remarkable resilience and managed to attract a significant number of users to its platform. Is your portfolio green? Check out the Solana Profit Calculator Solana continues to show growth According to the latest data from Artemis, new contracts deployed to Solana have reached a year-to-date high. This signifies substantial growth and heightened activity within the Solana ecosystem,…