Author: Crypto News Live
The cryptocurrency market is currently navigating through complex security law issues, causing price volatility for many digital assets. Ethereum (ETH), the second-largest cryptocurrency, is particularly affected. The situation has escalated with the recent revelation from the Hinman documents suggesting that Ether is not considered a security. This, combined with positive Consumer Price Index (CPI) data, has led Ethereum to a critical point in its price trajectory. Currently, Ethereum’s price is hovering near a crucial level, creating a ‘make or break’ scenario in the market.Ethereum Whales May Create a Selling Situation The activities of a prominent Ethereum whale, holding an estimated $738…
Online Blockchain plc, a blockchain research and development company, has announced its upcoming NFT collection inspired by The Rocky Horror Show. The first NFT, TimeWarp, will make its debut on OpenSea at 8 a.m. ET on June 19. The Rocky Horror Show is iconic for its groundbreaking blend of science fiction, camp horror, and rock music, coupled with provocative themes on sexuality and self-expression. Its unique audience participation and enduring popularity, extending from the stage to a cult film, have solidified its status as a cultural phenomenon since its debut in 1973. The collection features 50 NFTs inspired by the iconic…
Leading Web3 technology company, OKX, is offering a free digital collectible to mark Manchester City Football Club’s unprecedented victory in Istanbul on June 10, 2023. Unveiled on June 12 at 12:00pm (BST), the digital memento is available for a short 72-hour window. The exclusive collectible proudly displays Manchester City’s emblem alongside images of the 2022/23 winning team. Quick Takes: OKX launches a limited-time digital collectible to celebrate Manchester City FC’s historic victory. The collectible is an open edition, available for free with a fixed value, reflecting the strong fanbase. OKX and Manchester City FC’s partnership brings innovative Web3 experiences and…
TL;DRGuy Fieri and Sammy Hagar just launched an NFT loyalty program for their tequila brand, Santos Spirits.Here’s why it’s great for Santos customers: NFT loyalty cards can be sold. Meaning customers can enjoy the benefits of membership, and cash out if/when they feel like it.Here’s why it’s great for Santos: Guy and Sammy can program royalties into their NFTs, so every time a customer cashes out, Santos gets a cut.Full StoryGuy Fieri and Sammy Hagar just launched an NFT loyalty program for their tequila brand, Santos Spirits.We have two things to say on the matter:If they don’t refer to these…
As a new partnership gains traction, one more popular game will allow its users to be rewarded with real payouts. Moxy.io partners with Stainless Games to launch Shock Rods on Web3 rails According to an official announcement shared by Moxy.io, a top-tier esports platform, it has entered into a collaboration with seasoned game developer Stainless Games. The two teams will work together on the launch of popular online 6v6 shooter Shock Rods from Moxy.io. With this release, online video game enthusiasts will experience the fast-paced action of Shock Rods while competing with their peers from various regions across the globe.…
Solana (SOL) has been making headlines in the crypto industry, bouncing back from a transient downturn due to FTX’s bankruptcy and hitting the ground running with a notable uptick in January. The SOL token regained its upward trajectory, boasting an impressive 100% increase. What triggered this astronomical growth for Solana? And is it set to continue? Interestingly, this rise in SOL’s stature coincides with the soaring success of DigiToads ongoing presale, placing them among the altcoins to watch. Let’s explore the trajectories of these two promising players in the crypto arena and contemplate their potential future paths. Solana and its…
On June 13, Advanced Micro Devices (AMD) revealed new details about an artificial intelligence (AI) chip that could challenge market leader Nvidia.The California-based AMD said its most-advanced graphics processing unit (GPU) for AI, the M1300X, will start trickling out in the third quarter of 2023, with mass production beginning in the fourth quarter. AMD’s announcement represents the most significant challenge to Nvidia, which currently dominates the market for AI chips with over 80% of the market share. GPUs are chips used by firms like OpenAI to build cutting-edge AI programs such as ChatGPT. They have parallel processing capabilities and are…
Popular social trading platform eToro is halting purchases of layer-2 scaling solution Polygon (MATIC), smart contract platform Algorand (ALGO) and two other altcoins after a US regulator labeled them as securities. In a new announcement, eToro says that US customers will no longer have the ability to purchase ALGO, MATIC as well as gaming metaverse Decentraland (MANA) and privacy-focused protocol Dash (DASH) due to the latest US crackdown on digital assets. “eToro has a framework in place which reviews the crypto assets we offer in light of the rapidly evolving regulatory landscape. Due to recent developments, we will be making…
LINK’s supply on exchanges declined while its supply outside of exchanges increased. Market sentiment around LINK, however, continued to remain negative. Chainlink [LINK] has been facing heat from the bearish market as its price sank considerably last week. However, during the same period, whales began accumulation. The effects of the whales’ action were reflected on LINK’s price chart as it registered gains. Realistic or not, here’s LINK’s market cap in BTC terms Whale accumulation surges Santiment’s tweet pointed out an interesting development which suggested that the big players in the crypto space took advantage of the dip. The number of Chainlink…
Music icon and business mogul Snoop Dogg has taken yet another significant stride in expanding his blockchain-based ecosystem with the launch of the Snoop Dogg Passport Series. While many in Web3 music have continued to seek new ways to break ground, this latest digital innovation provides fans with a unique opportunity to accompany a top-tier rapper on a headlining tour starting July 7. Described as a “first-ever evolving tour collectible,” the Snoop Dogg Passport Series seeks to expand the utility of live music fandom by granting its holders an array of exclusive content and opportunities. From gaining access to behind-the-scenes…
