Author: Crypto News Live

Bitcoin Ordinals have taken over Web3 — at least, that’s how it seems. The space has been buzzing since software engineer Casey Rodarmor launched the protocol on January 21, with some excited about the new upgrade and others swearing Ordinals off entirely. There are currently more than 10 million Ordinals minted at the time of writing. Even though that number seems large, there are still many people who don’t yet know how to buy them, let alone create them. With higher barriers to entry, that means potential opportunities abound. But it also means higher risks. If you’re ready to take…

NFT Non-Fungible Tokens were originally introduced to bring artists under the limelight, eliminating the requirement of walking around for recognition. They, NFTs, have now gained an expanded utility in the digital world. The introduction of Trekki NFT by Trip.com is one such example. The objective is to enhance the travel experience of the users. With NFTs in the picture, it is right to assume that not just the utility but the overall experience is gaining a huge push from this Web3 project. Trekki NFT established a unique intellectual property with lasting value. It successfully captivates the worldview and immersive storyline.…

Celebrating four years since the first ever property minting, Upland brings us Genesis Week, full of in-game activities, events, AMAs, and more! The events this week provide a number of play and earn opportunities, with some pretty nice prizes, including the first ever, one of a kind, Genesis Totem! Upland marks the anniversary of their game launch with a week full of activities. Things have already kicked off, and to help you get around and join in the fun, Upland has removed the fees for using Terminals during this event! For anyone who wants to outfit their 3d avatar with…

Coinbase shares fell 22% after news broke that the U.S. Securities and Exchange Commission filed a lawsuit against the platform for allegedly violating securities laws. The U.S. exchange stock fell to around $48 from $58.71 pre-market, according to Nasdaq data. At press time it had recovered slightly to $50.03, down 15% on the day. Source: Nasdaq Meanwhile, the lawsuit also triggered a mild decline in Bitcoin’s (BTC) value, which fell by 0.51% on the 1-hour candle to $25,493 as of 13:30 UTC, according to CryptoSlate’s data. The shares of several Bitcoin miners like Riot Blockchain, CleanSparks, Bitfarms, and Marathon Digital…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. US SEC didn’t categorize LTC, but CFTC mentioned it as a commodity in March. Long positions discouraged. The US SEC’s lawsuit against Binance for securities laws violations has set the market into a sharp correction. Another CFTC filing in March against Binance singled out Litecoin [LTC], Ethereum [ETH], Bitcoin [BTC], and Binance USD [BUSD] as commodities.  Is your portfolio green? Check out the LTC Profit Calculator  Although the recent US SEC is similar to the earlier CFTC filing, LTC…

Two years after its first NFT foray, Luxury fashion house Louis Vuitton is again turning heads in the world of Web3. On June 6, the brand announced a collection of ‘phygital’ Treasure Trunk NFTs that will give owners access to exclusive future products, experiences, and a community of fellow holders. Priced at €39,000 (over $41,000) a piece, the production of these unique tokens — and their physical twin counterparts —will be limited to several hundred pieces. According to Vogue Business, this venture is part of the brand’s new “Via” initiative — derived from the Latin word for “road.” While this price…

Blockchain In the beauty and fashion worlds, creative collaborations are everything. Look no further than New York’s Metropolitan Museum of Art, which through the years has partnered with several iconic beauty brands — including the time it released a custom-designed Estée Lauder eyeshadow palette for the art institution’s 150th birthday. A good collaboration in any industry pushes boundaries, inspiring customers to experiment with new ideas and forms of self-expression. So it’s no wonder that skincare and makeup brands are entering Web3 with the same aspirational energy that the beauty industry has always served. Through new forms of digital artistry and…

What is Pudgy Penguins? After the great success of Bored Ape Yacht Club, another animal-themed PFP project immediately shook the NFT ecosystem in the fight for the NFT market in 2021, Pudgy Penguins is a group of overweight penguin avatars. Pudgy Penguins is a collection of NFT PFPs that was released in July 2021. Like many other collections at the time, the project gained a lot of attention from the community almost away. The collection comprises 8,888 individually created penguin NFTs, each with over 150 hand-drawn characteristics. This collection is based on cute penguins found in Antarctica. The diversity of…

TL;DRApple just revealed it’s AR/VR headset, the ‘Vision Pro.’ And it’s as expensive as it is terrifying – $3499! (the meme’s will be strong with this one).It releases in the US early 2024, rest of the world TBD. We don’t know who this is for (but it seems neither does Apple).This is good for the metaverse (though the jury’s out on Web3).It’s unclear, buy it appears to be a standalone device – no other products required (the world is your screen, your eyes are the mouse, your fingers are the clicker/keyboard).Full StoryWe just finished watching the keynote reveal of Apple’s…

A few hours after the accumulation of 4.6% circulating BTC, the price dropped again. Long liquidations increased even though shorts positions increased. Recently, Glassnode reported that about 780,000 Bitcoin [BTC] investors filled their buy orders at a spot price of $26,800. However, the action seemed to be the wrong one as BTC declined by another 5.8%. This plunged the total number of coins in losses to 1.26 million. The recent #Bitcoin move downwards from $27.3K to $25.8K (-5.8%) has caused the percent supply in profit to decline from 69% to 62.5% (-6.5%), plunging a further 1.26M coins into loss. https://t.co/anTps0tpRk…