Author: Crypto News Live

In a recent Twitter thread, Sebastien Guillemot, Co-Founder and CTO at blockchain company dcSpark announced an ambitious plan to transform Cardano into the prime platform for raising capital for innovation. Guillemot’s announcement introduces the Milkomeda Asset Consolidator, a tool designed to streamline the process of raising funds across multiple chains. According to Guillemot, a former VP of Engineering & Cardano Product Manager at EMURGO, raising funds across different chains has traditionally been a complex and challenging process, with many projects finding themselves in a liquidity predicament while trying to provide a swap mechanism from their presale token to the token…

The possible increase in the U.S. CPI and bank withdrawals could ensure Bitcoin’s price rise. BTC’s short-term projection remained bearish at press time.  BitMEX co-founder Arthur Hayes published a Substack newsletter, explaining why Bitcoin [BTC] will not lean toward $20,000 ahead of the next bull run. In an article titled “Patience Is Beautiful,” Hayes pointed to several factors as reasons for his projection. Some points he raised included the Consumer Price Index (CPI) and the crises in the U.S. banking sector. For context, the Consumer Price Index is a key economic metric that measures the overall change in consumer prices…

Blockchain Block Entropy AI offers Terra Classic community pioneering features. The first-ever generated picture on Block Entropy to be sold as NFT. LUNC, USTC, and LUNA all plunge in double digits in monthly terms. Terra Classic’s community just had a sneak peek of the highly-anticipated AI chain app being developed by Professor Edward Kim. One of the LUNC L1 Joint Task Force team members shared a snapshot of the first creation made with the Block Entropy AI chain app. Indeed, the tester has put in the prompt “a cat standing on a rock” and received a beautiful kitten image on…

NFT Nike Virtual Studios, the sportswear giant’s digital arm, and video game developer EA Sports are partnering together to bring digital creations from Nike’s .SWOOSH platform to the EA Sports gaming ecosystem. Details about the partnership are limited, though Nike said in a press release that the collaboration will allow .SWOOSH members and EA Sports fans “to express their personal style through play.” This includes “immersive experiences” and “new levels of customization within the EA Sports ecosystem.” EA Sports is a division of Electronic Arts that publishes games like FIFA, Madden NFL and more. Nike’s .SWOOSH platform released its first…

A widely followed crypto analyst says that Hong Kong’s decision to allow retail crypto trading is great news for the digital asset space as he analyzes the broader impact it could have. In a new video update, Nicholas Merten, the host of DataDash, tells his 511,000 YouTube subscribers that Hong Kong’s crypto move is something to celebrate. “Okay, so the vast majority of participants now can start to re-participate in crypto – definitely really good news.“ However, Merten says that Hong Kong’s retail crypto trading is probably not enough to trigger a crypto bull market cycle. “If we were to…

After a turbulent May for crypto investors, the outlook for June is more positive. Investors are hopeful for a stable market that will provide a clear direction for cryptocurrency prices. Analyst Crypto World recently discussed the important levels of Bitcoin and Ethereum in a new YouTube video.The analyst has observed a falling wedge pattern forming, indicating a potentially bullish pattern. However, there is still a possibility of a downside breakout, although less likely. Confirmation of a breakout above the resistance level at approximately $28,000 or below the support level at around $26,000 is needed for a clearer direction. If an…

Blockchain In a groundbreaking move, Bitget, the renowned crypto derivatives and copy trading platform, has made history by becoming the first cryptocurrency exchange to introduce support for an EVM-compatible address. This feature is set to transform the trading experience for Bitget users, empowering them to utilize a single address across multiple blockchains. With the ability to trade and store assets using one EVM-Compatible Address through various chains on the Bitget platform, users can now enjoy enhanced convenience and efficiency in their crypto transactions. Embracing The Power Of EVM-Compatible Address The launch of the EVM address support on Bitget marks a…

NFT The South African cricket legend Abraham Benjamin de Villiers, aka AB de Villiers, revealed how he became a victim of NFT hack. At the time of the hack, AB owned as much as 300 NFTs. In an interview with Cointelegraph, de Villiers revealed that he held over 300 digital collectibles before he became a victim of a hack last year. AB de Villeres signed a malicious contract AB, who has vocally embraced NFTs and crypto, got fooled by a malicious NFT masquerading as a new Pudgy Penguin drop, the legendary cricketer inadvertently gave a hacker access to his wallet…

TL;DRIn May, the Uniswap community voted on a proposal about whether or not to introduce fees for liquidity providers on the platform.In the end, 45.3% percent of token-votes supported the ‘no fee’ option, while the majority of voters (54.6%) supported having a fee – they just couldn’t agree on how much it should be.Based on the Uniswap Foundation Executive Director’s Twitter, it sounds like the Uniswap Foundation now has the feedback they need, they will make a new proposal to be voted on, and there’s every chance fees are coming to Uniswap.Full StoryHave you ever spoken to a group of…

Bitcoin’s Realized Cap stabilizes and shows positive signs, potentially driving a bull run. BTC miners enjoy profitable returns while the cryptocurrency’s price experiences a slight loss in recent trading. Bitcoin’s price has been on a rollercoaster ride lately, showing signs of volatility over the past few months. However, amidst these fluctuations, there were some encouraging developments to note. Recent data suggested that BTC was experiencing a positive shift in one of its crucial metrics. This improvement could potentially play a significant role in driving its bull run. Bitcoin Realized Cap flashes positive The Bitcoin Realized Cap, an essential metric in…