Author: Crypto News Live
The crypto world is a fast-moving industry that adapts swiftly to new, exciting technologies as they appear. The latest technological advance to capture the imagination of crypto fans is artificial intelligence (AI), which brings the power of various automated processes to provide more efficient, faster, and more realistic results. One crypto platform intending to embrace the potential power of AI entirely is AltSignals, one of the world’s leading providers of trading signals, as it releases its native ASI token in a presale event to support the development of a brand new AI-powered trading stack, ActualizeAI. What is AltSignals? AltSignals launched…
Dozens of artificial intelligence (AI) experts, including the CEOs of OpenAI, Google DeepMind and Anthropic, recently signed an open statement published by the Center for AI Safety (CAIS). We just put out a statement:“Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.”Signatories include Hinton, Bengio, Altman, Hassabis, Song, etc.https://t.co/N9f6hs4bpa (1/6)— Dan Hendrycks (@DanHendrycks) May 30, 2023 The statement contains a single sentence:“Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.”Among the document’s signatories are a…
Blockchain The Fantom blockchain will reward projects that use its network and contribute to high usage of gas fees to drive increased demand for block space, the developers announced on Twitter on Sunday. Eligible apps will be rewarded with 15% of the gas fees they generate, providing developers with extra income. The move is part of the dApp Gas Monetization Program, which was voted on by the community earlier this year. The proposal was intended to reduce Fantom’s current burn rate in order to redirect more network fees directly to applications built on Fantom. This will reduce Fantom’s burn rate…
NFT Peter Schiff is co-launching an NFT art collection using the Bitcoin blockchain. The NFT collection will be open for bidding on June 2 and will close on June 9. Schiff has always been a supporter of gold as a store of value and is critical of Bitcoin. Peter Schiff has always maintained his animosity with Bitcoin (BTC) supporters and is one of the most vocal critics of the top cryptocurrency to this day. However, it appears Schiff has found a compromise and has now dipped his toes in Bitcoin — in the BTC blockchain, at least. In a recent…
Bitcoin’s price increased by more than 2% in the last seven days Open interest also rose, increasing the chances of a continued uptrend Bitcoin’s [BTC] price, after crossing $28,000, once again sank below that mark. At press time, it was trading marginally lower than $28,000. However, the latest data pointed out the possibility of BTC’s price showing high volatility in the coming days. Bitcoin’s weekly chart is green CoinMarketCap’s data revealed that after several weeks of sideways movement, BTC’s weekly chart registered gains. The coin’s price had increased by more than 2% in the last seven days. At the time…
All Nippon Airways (ANA), Japan’s largest airline, has made an exciting entry into the world of NFTs by launching its very own ANA GranWhale NFT Marketplace. This move is part of ANA’s ongoing expansion into Web3, demonstrating its commitment to exploring innovative avenues and enhancing the customer experience.Upcoming ReleasesThe ANA GranWhale NFT Marketplace will offer a range of aeronautical-themed NFT collections, allowing aviation enthusiasts and collectors to engage with unique digital assets. The platform debuted with an inaugural collection created by renowned aerial photographer Luke Ozawa. His captivating aerial photographs have been converted into NFTs, creating a blend of art and technology…
GameFi It was on May 31 that the co-founder of the RPG series Illuvium, Kieran Warwick, released a statement in the Discord community that he had raised an additional $10 million in funding from Framework Ventures. The money raised will accelerate the development of this game. This transaction is completed through a token, which will be locked for two years and will not be included in the commit, so it will not participate in the distribution of benefits. Reportedly, Illuvium is an entirely decentralized collectible and role-playing game built on the Immutable X L2 network. Illuvium is about to launch…
A significant 71% of all Cardano (ADA) addresses, or around 3.12 million, are currently underwater on their holdings in the smart contract platform’s native token, meaning the value they acquired the tokens for is above current market prices. According to data from blockchain market intelligence firm IntoTheBlock, with Cardano trading at around $.0379 per token, only around 26.4% of Cardano addresses are in the green, meaning 1.16 million addresses purchased below current market prices. The firm’s data also shows that just over 100,000 addresses, or 2.46% of all ADA addresses, are breaking even at current prices. While the cryptocurrency’s price…
A crypto strategist who nailed Bitcoin’s (BTC) bear market bottom in 2018 says he has his radar locked on two low-cap altcoins. Pseudonymous crypto analyst Bluntz tells his 223,100 Twitter followers that the blockchain-indexing protocol The Graph (GRT) appears to be mirroring Bitcoin’s price action earlier this year when it rallied from $17,000 to above $30,000. According to Bluntz, GRT broke out of an ascending channel and now looks poised for a rally toward his target of $0.135. “Beautiful channel breakout on GRT after (a) slow grind up. (The) last time I saw this exact structure/pattern was the BTC $17,000…
China unveiled a white paper in a bid to establish its capital Beijing as a global innovation hub for the digital economy. China re-entered the top 10 of Chainalysis’ Global Crypto Adoption Index report for 2022. A fascinating trend was seen emerging in the cryptocurrency industry, capturing the attention of various analysts and major players. As per digital assets market data provider Kaiko, a noticeable divergence emerged between Bitcoin’s [BTC] correlation with U.S. equity markets (S&P 500) and that of Chinese equities (CSI 300). The correlation between BTC and Chinese equities (CSI 300) strengthened considerably in 2023. This was in…
