Author: Crypto News Live
Introduction This report provides a comprehensive analysis of Cardano’s (ADA) price dynamics on Binance, covering technical indicators, moving averages, and pivot points. Price and Volume Overview As of 9:21 a.m. UTC on 13 June 2023, on Binance, the price of ADA is $0.2817, which is a decrease of $0.0012 (-0.42%) from the previous close. The volume of ADA traded in the last 24 hours is 151,816,450. The highest price of ADA in the last 24 hours was $0.2865, and the lowest price was $0.2726. The bid price is $0.2816, and the ask price is $0.2817. Technical Indicators Technical indicators are…
A leading analytics firm says that Bitcoin (BTC) whales are in heavy accumulation mode despite the crypto king’s weak price action over the last few months. Santiment says that Bitcoin whales have been adding nearly $26 million in BTC per day since April 9th when the crypto king traded close to $28,000. According to the analytics firm, the whale accumulation suggests that a Bitcoin bounce is on the horizon. “As altcoin madness has ensued, there quietly is a bullish divergence between Bitcoin’s accumulating whales and falling price. With whale holdings moving up by ~1,000 BTC per day while prices fall,…
After more than two years of anticipation, the Ripple and XRP community can finally find closure as the court has ruled in favor of revealing the Hinman documents to the public. The United States SEC has maintained its stance on the unsealing of these documents, which have the potential to expose the agency’s bias in relation to crypto market regulations. Additionally, the famous Hinman speech suggested that most digital assets may not fall under securities laws, but the current SEC chair holds a different perspective.According to pro-crypto regulators in the United States, Gary Gensler, the current SEC chair, may be…
Blockchain The campaign is aimed at combating bots and sybils and prioritizing real user participation, and the system will reward users with valid human verification credentials with very high human verification credential points to stress-test the network in preparation for the mainnet launch. Linea, formerly known as the ConsenSys zkEVM, is a next-generation ZK Ethereum Virtual Machine (zkEVM) that fits under the type 2 category and is set to take over the blockchain world. zkEVM allows developers to design and deploy smart contracts in the same way that they do on the Ethereum mainnet by replicating the ecology and atmosphere…
NFT In an exciting announcement as of June 8th, Kraken NFT revealed that its platform has officially moved out of beta. The full launch of the platform brings forth a range of intriguing features, including zero gas fees and a unique opportunity for NFT owners to have their assets featured on racing cars. With over 250 collections already available and plans for further expansion, Kraken NFT aims to establish itself as a prominent player in the NFT marketplace.—Kraken NFT’s transition from beta to a full launch signifies a major milestone for the platform. Having entered beta testing in late December…
Most holders, on average, were in a state of profit but were strongly resisting the urge to sell. Long-term holder supply increased from 75% to 78.62% since the low volatility phase kicked in. The intense pressure exerted by U.S. regulators on major crypto entities has fueled substantial FUD among market participants. Coupled with May’s extended period of low volatility, there has been little to cheer for these players lately. Read Bitcoin’s [BTC] Price Prediction 2023-24 But despite the odds, long-term holders (LTH) continue to show faith in the market’s potential, especially in king coin Bitcoin [BTC]. According to on-chain analytics firm Glassnode,…
Despite the hike in volume, ADA may have hit an overbought level. The price-DAA divergence revealed that ADA could be close to an entry point. Although the crash in Cardano’s [ADA] price initially spelled disaster for token holders, it was also the foundation laid for some yearly highs. According to Santiment, several on-chin metrics, including the volume and active addresses, hit their peaks as ADA recovered between 10 and 11 June. 📈 The #Cardano capitulation happened more notably than other #altcoins during Friday’s crash. After prices fell -35% between June 5-9, the #buythedip opportunity came when $ADA volume, address activity,…
Over the years, the inhabitants of the metaverse have come to understand Web3 as a place where artists of all creeds and colors can flourish. Although diversity and inclusion are ideals the blockchain industry strives for, underrepresented creators still quite often go unseen, unsupported, and uncelebrated. This problem isn’t only localized to the blockchain, though, as the art and tech industries have long been a space where minorities suffer injustice. But what of the age of artificial intelligence? Unfortunately, these disembodied AI tools that Web3 has embraced come with their own host of sexist, ableist, and racist algorithmic biases (as…
Blockchain Polygon’s zkEVM Beta achieves 100K unique wallets, reflecting growing popularity and adoption. The exponential increase in unique wallets showcases Polygon’s ability to attract diverse users. Competition in the blockchain space emphasizes the need for continuous innovation from Polygon. Polygon’s zkEVM Beta has achieved a significant milestone, as it now boasts an impressive count of 100,000 unique wallets. This accomplishment is a testament to the platform’s growing popularity and the increasing adoption of its technology. Polygon zkEVM Beta has reached 100K unique wallets👀 pic.twitter.com/LGwbK25s3b — Narb (@NarbTrading) June 12, 2023 Moreover, reaching 100,000 unique wallets on Polygon’s zkEVM Beta has…
NFT Geojam, the social media platform backed by world-renowned pop singer Maria Carey and powered by both artificial intelligence and blockchain technology, has signed with top Hollywood talent agency WME. WME, which represents a slew of traditional Hollywood talent like Keanu Reeves, Dwayne “The Rock” Johnson and Martin Scorsese, has been slowly building a roster of web3 clients, including early NFT pioneer Mack Flavelle, who co-founded CryptoKitties. The talent agency said it will aim to score Geojam brand deals while exploring ways for creators to engage with their fans. “Our goal is to expand Geojam’s presence and create even more…
