Author: Crypto News Live

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Solana is up 3.88% today against the US DollarSolana is currently trading 11.10% above our prediction on Jun 22, 2023Solana dropped -26.50% in the last month and is down -49.68% since 1 year agoSolana price$ 15.48Solana prediction $ 13.93 (-9.99%)Sentiment BearishFear & Greed index 47 (Neutral)Key support levels$ 14.97,…

Deezy, a cryptocurrency analyst, recently shared noteworthy insights on the current state of the cryptocurrency market, offering an astute analysis of coins such as ADA and OP.Cardano: A Gold Mine?According to Deezy, Cardano is a secure choice for investors seeking substantial returns, potentially multiplying their investments fivefold. However, he also highlights Optimism as a coin with the most promising prospects, which could yield a remarkable 25-fold return. It is essential to note, though, that Deezy cautions that Cardano may experience a downturn, possibly dropping as low as $0.15 to $0.18, aligning with the predictions made by various market experts.Historical Price…

In a recent tweet, Blur revealed that starting next Monday, the waiting period to accept NFT bids will be shortened from one hour to just 30 minutes. 🚨ANNOUNCEMENT🚨Today you need to wait 1 hour after transfers to accept bids on Blur.On Monday that delay will be reduced from 1 hour to 30 minutes. pic.twitter.com/dDglyM44GH — Blur (@blur_io) June 17, 2023 Blur, known for its seamless user interface and user-friendly features, has been gaining traction in the competitive NFT market. The platform provides a space for creators to mint, showcase, and sell their digital collectibles, while offering collectors the opportunity to…

There has been constant conversation on the power consumption of mining Cryptocurrency and its impact on the environment.It’s believed that the environmental impact of Cryptocurrency is significant. Hence there have been calls for an alternative mining process that reduces the energy consumption.The environmental impact of Cryptocurrency has divided opinions with some calling Cryptos a climate degrading tool while others see it as nothing but mere exaggeration by environment alarmists.How Much Energy Does Cryptocurrency Consume?122.87 Terawatt-hours of electricity annually is the energy consumed by Cryptocurrency according to Cambridge Bitcoin Electricity Consumption Index. This is more than the annual energy consumption of…

AI tools are revolutionizing learning and research in today’s digital age by providing sophisticated capabilities and effective solutions. These tools make use of artificial intelligence to speed up various tasks, increase output and offer insightful data. Consensus, QuillBot, Gradescope, Elicit and Semantic Scholar are five well-known AI tools that are frequently used in the learning and research fields. ConsensusThe goal of the Consensus AI search engine is to democratize expert knowledge by making study findings on a range of subjects easily accessible. This cutting-edge engine, which runs on GPT-4, uses machine learning and natural language processing (NLP) to analyze and evaluate…

About 42 GB of data was added to the network since the beginning of 2023.  The transaction count has retreated from its ATH in May. The size of Bitcoin [BTC] blockchain has increased substantially since the Ordinals frenzy took over the network in early 2023. Read Bitcoin’s [BTC] Price Prediction 2023-24 As the number of Ordinals inscriptions surged, touching 12 million at the time of writing, there were concerns that the size would grow to the point where it would be difficult for new full node operators to store the copy of the ledger. However, this skepticism has been put to rest.…

A widely followed crypto analyst and trader is expressing bearish sentiment on Bitcoin (BTC) as the crypto king continues to consolidate. The pseudonymous analyst known as Pentoshi tells his 693,000 Twitter followers that Bitcoin could drop by as much as 38% from the current price if BTC loses its immediate support. “BTC this area [has] been essentially what I’ve wanted to see price tap for the past two months. *IF* we fall back into the range under this, *then* I think $19,000 – $20,000 and $22,000 – $23,000 are very very likely as we’ve seen with similar setups. So that’s…

DAI surpassed BUSD in marketcap because of legal troubles faced by Binance. The integration of rETH as collateral and raised debt ceiling contributed to DAI’s growth and stability. DAI, the stablecoin issued by MakerDAO [MKR], has stood at the fourth position in terms of marketcap for quite some time. BUSD, the stablecoin issued by Binance [BNB], stood at number three. However, due to the recent lawsuit of SEC against Binance, many investors have lost faith in BUSD. Realistic or not, here’s MKR’s market cap in BTC’s terms DAI takes the lead As a result of the declining trust in BUSD,…

Bron: Adobe / Kristina BlokhinDe voormalige voorzitter van de Amerikaanse Securities and Exchange Commission (SEC), Jay Clayton, deelde afgelopen woensdag duidelijk zijn mening over de crypto markt, een mening die grotendeels overeenkomt met die zijn opvolger Gary Gensler. “Ik heb dit al vaak gezegd: ik denk dat de markt is geëvolueerd, maar vele, misschien zelfs het grootste gedeelte van de tokens die worden verkocht voor cash zouden onder de definitie van een effect vallen in Amerika,” zei Clayton afgelopen woensdag tijdens de R3 CordaDay bijeenkomst.Clayton legde uit dat de definitie “effect” breed en flexibel is. De regelgevers maken vaak gebruik van…

OP traded 3.16% higher over the last 24 hours as per data from CoinMarketCap. However, OP’s metrics didn’t exactly seem to favor a bullish sentiment. The official account of the Optimism [OP] network had some great news to share with the community. As of 16 June, Optimism’s official Twitter account posted a thread about an eventful week for the network. The update stated that the creative platform manifold.xyz debuted on the Optimism platform. The Twitter account called this a good development for NFT creators. sup nerds! Another eventful week for the Optimism Collective has passed. Some exciting developments happened this…