Author: Crypto News Live

Alterverse brings us a new beta for Sky City, the central social hub for their metaverse of virtual worlds and games. Offering new zones to explore, 20 mini-games, and various other activities, this closed beta should give us a good preview of the possibilities of the Alterverse ecosystem. Though this is officially called a closed beta for Sky City, there are no real requirements for joining. All you have to do is fill out a basic application with an email address and a name! You can sign up here – https://www.alterverse.com/early-access. The closed beta will run in sessions. One every…

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Charles Hoskinson, the creator of Cardano (ADA), has issued a stark warning about the potential rise in cryptocurrency scams driven by generative artificial intelligence (AI). He anticipates that these scams could result in the loss of millions of dollars worth of ADA within the next year, according to a recent report by The Daily Hodl. In a video update released two days ago, Hoskinson expressed his concern about the future of crypto security, stating that despite his repeated warnings, people are likely to fall victim to these scams. He emphasized that there’s no such thing as a free lunch in…

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The inherent intricacy and technical nature of research papers’ content make reading them a challenging undertaking. These research articles can be difficult to understand, especially for non-experts or those who are new to the area because they frequently contain specialized vocabulary, complicated concepts and complex methodologies. The amount of jargon and technical terms might act as a barrier, making it harder for readers to comprehend the content.Additionally, research papers frequently dive into complex theories, models and statistical analyses, demanding a solid background understanding of the subject to ensure adequate comprehension. The voluminous nature of the research papers and the requirement…

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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure briefly shifted bullishly but it turned out to be a liquidity hunt. Bears are dominant but a brief move upward can’t be ruled out. Bitcoin [BTC] and the majority of the crypto market danced to the tune of the sellers in recent days. In May, the prices of most crypto assets consolidated within a range. However, Solana appeared to break above a crucial resistance over the weekend. Is your portfolio green? Check the Solana Profit Calculator…

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Blockchain The Luxembourg competition authority is opening a market study into blockchain technology, according to a Tuesday announcement. The study potentially represents the first probe of its kind into the economics of Web3. The government of the European Union member – which is a significant financial center despite its small size – has said it sees the technology underpinning crypto as key to the digital and environmental transition. “Given the strong potential of the sector, it’s important to ensure that Web3 actors can develop in a market that is effective and competitive,” the Autorité de la concurrence said in a…

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Binance added support for iconic NFTs like Bitcoin Punks and Bitcoin Frogs. The exchange came up with a rewards program to boost trading activity on the marketplace. Binance [BNB], the world’s leading cryptocurrency exchange, announced support for Bitcoin [BTC] non-fungible tokens (NFTs) on its dedicated NFT marketplace platform. Read Binance Coin’s [BNB] Price Prediction 2023-2024 The exchange has thrown its hat in the booming Bitcoin NFT ring. The development will enable users to list, explore and trade NFTs from the network via their Binance accounts, eliminating the need to have a taproot-compatible Bitcoin wallet to do so. Furthermore, users will be…

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NFT The world of decentralized gaming is about to witness a transformation as LUXON, the innovative Web3 gaming platform, collaborates with Chainlink, the leading decentralized oracle network. Their partnership aims to revolutionize the minting of Non-Fungible Tokens (NFTs) within the highly anticipated SEASON-0 web quest of DESPERADO B218. By integrating Chainlink’s Verifiable Random Function (VRF) on the Polygon mainnet, LUXON introduces a new era of transparency and excitement, offering users verifiable proof of the provable randomness behind NFT minting. Unveiling the Next Level of Gaming Experience DESPERADO B218, an immersive decentralized turn-based battle game inspired by the Exos Heroes IP,…

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In what seems like a crossover episode between the worlds of basketball, fashion, and crypto, Charlotte Hornets’ star LaMelo Ball, in partnership with PUMA, is embarking on a new journey with his signature shoe series. The third model, the MB.03, doesn’t shy away from Ball’s love for unrestrained aesthetics that we’ve seen in the first two iterations.The Aesthetics of the MB.03The MB.03 makes its entrance in a daring “GutterMelo” colorway, a tie-in with NFT collectible firm Gutter Cat Gang. The heat-map color gradient of the Gutter Cat mascot on the tongue aligns with the pattern on the synthetic overlay.This third…

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Current Date/Time Stamp and Price: June 7, 2023, 11:30 AM UTC$0.3385 Technical Analysis Indicators: RSI (4h): 23.91 RSI (1D): 34.81 20-day SMA: $0.365784 50-day SMA: $0.383688 100-day SMA: $0.374340 200-day SMA: 0.369109 YTD SMA: $0.366488 Overall Outlook: The short-term outlook for ADA is positive. The RSI is in oversold territory, and the MACD is in a bullish crossover. However, the 20-day, 50-day, 100-day, and 200-day SMAs are all sloping downwards, which suggests that the bears may still have some control. Short-Term Price Target: The short-term price target for ADA is $0.36. This target is based on the current trend and…

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Dorsey supported a 2015 suggestion that Coinbase should focus on Bitcoin.  Twitter boss Elon Musk also chipped in to support Dogecoin. Twitter founder and long-term Bitcoin advocate Jack Dorsey claimed on Twitter that Ethereum [ETH] is a security and his comments have created a furore. Dorsey responded with “yes” to a question asking if ETH is a security. Udi Wertheimer, a Bitcoin Ordinals developer working at Taproot Wizards, called Dorsey a “clown” on the social media platform. When Dorsey retorted, “ETH is not a security? Teach me wizard,” Wertheimer shared a 5-year-old video of the U.S. SEC Chairman Gary Gensler saying…

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