Author: Crypto News Live

Ethereum staking skyrockets, reaching all-time highs, while Bitcoin’s active addresses stay resilient despite unrealized profits. Ethereum and Bitcoin prices dipped in the last 48 hours as RSI reflects bearish trends. Bitcoin [BTC] and Ethereum [ETH] have been on quite a rollercoaster ride regarding their important indicators lately. Ethereum staking has skyrocketed to unprecedented levels, while Bitcoin’s active addresses have managed to stay above a certain threshold despite not all the potential profits being realized. Read Bitcoin (BTC) Price Prediction 2023-24 Ethereum staking percentage hits ATH Bitcoin and Ethereum have spun contrasting tales through their diverse metrics over the past months.…

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As the countdown to Genesis Week 2023 begins, the Upland community is abuzz with excitement. Upland, a blockchain-based virtual world, has revealed an impressive lineup of exhibitors and panels for its highly anticipated event. Set to take place in Las Vegas from June 5 to June 9, Genesis Week 2023 promises an action-packed week filled with challenges, in-game events, live streams, giveaways, and most notably, live in-person events that will truly immerse participants in the Upland experience. What’s on Exhibition?The stage is set for an impressive lineup of exhibitors from the Upland community at Genesis Week 2023. UPX World, Upland Kingdoms,…

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Shaquille O’Neal, the basketball legend turned TV analyst, is now embroiled in two separate lawsuits related to the cryptocurrency sector. These legal cases came to light in a dramatic fashion on Tuesday, May 23, during a live NBA broadcast. O’Neal, a ubiquitous presence in the broader digital assets industry, was handed legal documents concerning his association with the now-defunct cryptocurrency exchange FTX and his NFT initiative, Astrals, at Miami’s Kaseya Arena. Notably, the venue was previously known as FTX Arena, named after the collapsed cryptocurrency exchange. The two lawsuits The first lawsuit involves O’Neal and other celebrities, such as former…

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Blockchain Manta Network, a layer-1 blockchain running on Polkadot, has teamed up with Linea, a rollup-based scaling solution, to offer users zero-knowledge soulbound tokens (zkSBT). Due to the inherent transparency of open blockchains, the team at Manta was to address one of the main concerns of cryptocurrency projects today, privacy. “The problem we are trying to tackle here is so that verification is only limited to certain on-chain activities, rather than share all data to an app,” Manta Network co-founder Victor Ji told Decrypt. Polkadot Privacy Project Manta Network Eyes Crypto’s Largest Trusted Setup Ever He added that users won’t…

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TL;DRAccording to the latest report from TRM Labs, ~$400M worth of crypto was stolen in the first three months of 2023.That number – $400M – is 70% less than the same period last year.There are a few reasons why this could be the case, but either way, the less crypto stolen, the better – and we hope that continues.Full StoryThis might sound bad at first, but hear us out.According to the latest report from TRM Labs, ~$400M worth of crypto was stolen in the first three months of 2023.(See – sounds bad).That number – $400M – is actually 70% less…

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GameFi Ankr, a prominent Web3 infrastructure provider, has today announced its strategic partnership with Mirage, an innovative Web3 gaming company. This groundbreaking partnership will equip Mirage with the remarkable technological arsenal offered by Ankr, encompassing blockchain RPC and API connections, specialized blockchain engineering, and a gaming SDK capable of endowing any video game with comprehensive blockchain and cryptocurrency functionalities. By embracing Ankr’s readily available resources, Mirage is poised to expedite game development while welcoming new enterprises to harness the platform’s potential. Josh Neuroth, Ankr’s Head of Product, said: “Ankr’s partnership with Mirage is a testament to our shared vision for…

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Crypto influencer Ben Armstrong, also known as “BitBoy Crypto,” recently shared his thoughts on the potential of Cardano’s ADA to create millionaires in the next bull run. Armstrong’s predictions, while optimistic, should be taken as his personal views and not financial advice. Armstrong highlighted Cardano’s unique position in the crypto space. The decentralized blockchain project, co-founded by Charles Hoskinson and Jeremy Wood, has been criticized for its slow development pace. However, Armstrong believes that Cardano’s long-term approach and focus on emerging economies could make it a significant player in the next bull run. In a recent video, Armstrong noted that…

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A widely followed crypto strategist says that the market bottoms are not yet in for Bitcoin (BTC) and Ethereum (ETH). The pseudonymous analyst known as Bluntz tells his 223,000 Twitter followers that Bitcoin is likely going to dip down to the $24,000 level come June. “Even though the low timeframes look good, the higher timeframes still look quite heavy. Can’t help but feel this ends up resolving as some kind of higher timeframe bear flag on BTC and ETH. Will be keeping a very keen eye on $28,200-$28,300 region, that is where I’d be watching for any kind of failure.”…

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As crypto traders may recall, meme coins initially began as a joke but in an instant, have now become serious business worth millions and billions. The trend started with Dogecoin (DOGE), which received a serious boost from Elon Musk’s casual tweets, and ever since then, many more meme coins have emerged.Related: Elon Musk’s Advice to Investors: Don’t Risk Everything on DogecoinHowever, are they adding any real value to the crypto markets? On the contrary, do they pose a threat? Industry experts have rung the alarms. Read on to know why.Memecoins: Hype vs. RealityIn a recent video update, esteemed crypto analyst…

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