Author: Crypto News Live

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The futures market showed strong bearish sentiment in recent days The price action of ARB favored the sellers too, and Fibonacci levels highlighted key support levels Arbitrum saw the launch of the native USDC last week. Previously users could only access the bridged version of the stablecoin. Users of the platform were bullish on the development as it would spur increased usage and a more robust ecosystem. The platform experienced increased cash flow in recent months as well. Read…

Upland, a leading web3 Metaverse SuperApp, and Nowhere, a virtual gathering platform designed to transform digital socialization, have entered a partnership. This collaboration aims to materialize the innovative concept of ‘Cafes,’ thereby taking a substantial step towards fulfilling Upland’s vision of becoming the largest and most active metaverse hub.Upland has already carved a niche for itself in the metaverse, providing a platform for users, creators, developers, and brands to create games, commodities, and experiences. This collaboration with Nowhere facilitates immersive spaces for players to socialize, present, play games, and display their 3D avatars without exiting the Upland ecosystem.Source UplandThe Function…

After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This Week’s NFT Sales Follow Crypto Market’s Nosedive Sales of non-fungible tokens (NFTs) have nosedived more than 20% over the past seven days compared to the previous week. The decline follows several consecutive weeks of gains, during which Bitcoin (BTC)-based NFTs gained significant prominence. In the last seven days, NFT sales totaled $152.96 million, and the number of…

Bitcoin investors were moving their holdings from CEXs like Binance to self-custody  Open interest increased while other on-chain metrics remained bullish  While altcoins suffered a massive blow last week as their prices declined by double digits, Bitcoin’s [BTC] price action was relatively stable. According to CoinMarketCap, BTC’s price declined by more than 3% over the last week. At the time of writing, Bitcoin was trading below the $26,000 mark at $25,978.69, with a market capitalization of more than $504 billion.  Is your portfolio green? Check the Bitcoin Profit Calculator     Balance on exchanges plummets Santiment’s latest tweet revealed an interesting development…

In just 22 years, generative AI may be able to fully automate half of all work activity conducted today, including tasks related to decision-making, management, and interfacing with stakeholders, according to a new report from McKinsey & Co.The prediction came from the management consulting firm report on June 14, forecasting 75% of generative AI value creation will come from customer service operations, marketing and sales, software engineering, as well as research and development positions.What’s the value and impact of #generativeAI? Companies across countless industries are already experimenting with its applications. Our new research has found that the value at stake…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion LINK dropped below a two-year low of $5.30 LINK’s CVD witnessed a sluggish rise but the open interest rate tanked Regardless of the Fed decision, a strong recovery in the crypto market could be elusive because of the Binance lawsuit. So, Chainlink [LINK], which had dropped below its 2021/2022 lows of $5.300, could face an uphill task reversing recent losses.  Read Chainlink [LINK] Price Prediction 2023-24 At press time, LINK’s price was $5.4, up from the two-year low after…

When Ordinals made their debut in January 2023, they were viewed as a novel but largely passing trend. Just a few months later, it has become apparent that Bitcoin NFTs are here to stay and that their contributions to the Web3 ecosystem are far from just a fleeting phenomenon. More than 11 million Ordinals Inscriptions have been minted, including record-breaking blocks, Punks derivatives, and Cursed Ordinals. Even highly noteworthy projects from other blockchains — like the inimitable DeGods — have started expanding to Ordinals, with other collections soon following suit. The sphere of Bitcoin NFTs has welcomed (and continues to welcome) a slew of newcomers from both…

TL;DRThe SEC’s clamp down on Binance and Coinbase has resulted in $4B being withdrawn from the platforms over the past week.The good news is, so far both Binance and Coinbase have handled these withdrawals like absolute champs and processed all outflows in an orderly fashion.Full StoryWe feel like we’ve been saying this a lot of late, but…We have some good news and some bad news.The bad news is: The SEC’s clamp down on Binance and Coinbase has resulted in $4B being withdrawn from the platforms over the past week.The less money is held on these platforms → the less crytpo…

Moxy.io esports platform has announced a partnership with game developer Stainless Games to release the popular 6v6 arena shooter game, “Shock Rods,” on the Moxy platform. This collaboration aims to provide players with an exciting and competitive gaming experience.Moxy.io and Shock RodsMoxy aims to make esports accessible to everyone. By leveraging blockchain technology, the platform eliminates barriers to entry and ensures that players from all backgrounds can participate in competitive gaming. The global gaming token, MOXY, serves as a universal currency within the platform, enabling gamers to engage in gameplay, unlock exclusive content, and compete for rewards.Through Moxy’s esports-enabled platform,…

Join Our Telegram channel to stay up to date on breaking news coverage  eToro, a global retail trading giant, suspended purchases on Algorand (ALGO), Polygon (MATIC), Decentraland (MANA), and Dash (DASH) for its customers based in the United States.  The U.S. SEC’s recent lawsuits against Binance and Coinbase are causing a chain of negative events in the crypto space. This suspension comes as the US Security and Exchange Commission (SEC) labeled the tokens as securities in recent lawsuits.  Exchanges and trading platforms such as Robinhood and eToro are delisting tokens to prevent a run-in with the law on the unauthorized…