Author: Crypto News Live

BTC may have approached the beginning of a bullish run. The coin circulation rests in an extremely low region. Bitcoin’s [BTC] failure to recover from its recent decline could be something that long-term investors may not necessarily need to worry about, based on signals from the Pi Cycle Top indicator.  Is your portfolio green? Check the Bitcoin Profit Calculator Historically, the indicator has been instrumental in picking out market cycles. Furthermore, the metric uses the 111-day Moving Average (MA) and a multiple of the 350-day MA with respect to the Bitcoin Price. Offering chances that lead to the pinnacle According…

To bring crypto into the mainstream, you need to have fun…shower and be generally presentable… and dress like a wizard. Oh, and then send bitcoin to the moon. Those were among the ideas batted around at the Bitcoin Builders Conference in Miami today, ahead of the Bitcoin 2023 Conference. “People in crypto are not the most hygienic, I don’t know why,” Udi Wertheimer, co-founder of Taproot Wizards, said jokingly. “It’s just not always a very good experience to be next to crypto people. So we thought it’s time to fix it. If we want to go mainstream and we want…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion BTC oscillated between 50-EMA and 100-EMA since 9 May.  Open interest rates remained unchanged; longs discouraged. Bitcoin [BTC] continued consolidating near $26.6k support, with volumes remaining low since late March. While the current level could be an accumulation zone, BTC is yet to register a strong rebound, highlighting the tussle between bulls and bears at $26.6k.  Read Bitcoin [BTC] Price Prediction 2023-24 A recent report highlighted that self-custody for both BTC and ETH has been on the rise, suggesting…

The crypto trader who masterfully rode the 2023 rally in the digital asset markets says he has his eye on two interesting large-cap altcoins. In a new strategy session, pseudonymous trader DonAlt tells his 50,700 YouTube subscribers that one of the altcoins that caught his attention is LDO, the native token of liquid staking service Lido DAO. According to the crypto strategist, LDO looks attractive even though it significantly retraced from last week’s high of $2.48. “Lido has been really interesting lately where you have massive moves like you’re fully retraced. That’s really tough. I think those names, for example,…

Crypto analyst and influential YouTuber Chris, a.k.a Satoshi Stacker, recently delivered his projections for the future movements of Bitcoin and Ethereum. Keep on reading to benefit from his insights. Bitcoin’s Range-Bound Movement After a notable drop followed by a subsequent rise, Bitcoin is currently trading within a range, showcasing its acknowledgment of established support and resistance levels. Chris highlighted that the market is currently in an indecisive phase, leaving market participants uncertain about the next directional move.Price Volatility Amid Bullish SentimentDespite an overall bullish sentiment, ongoing comments from Federal officials and events unfolding in the traditional markets contribute to price volatility. Chris believes…

Blockchain Horizon Blockchain Games, a leading Web3 infrastructure and crypto games company, is about to join forces with Polygon Labs, the growth and business team behind Polygon protocols, in a revolutionary collaboration. Backed by industry giants such as Ubisoft and Take-Two Interactive, Horizon and Polygon are poised to revolutionize Web3 infrastructure and create a new standard for the industry. Web3: the central elements of the crypto collaboration between Polygon and Horizon Games Collaboration will finally enable Polygon’s zkEVM mainnet to be leveraged The benefits of the collaboration Web3: the central elements of the crypto collaboration between Polygon and Horizon Games…

NFT Blur’s achievement of crossing $11 million reflects the thriving NFT industry. Strategic collaborations contribute to Blur’s immense popularity and success. Blur’s milestone strengthens the appeal and potential of NFTs. In a remarkable triumph for the flourishing realm of non-fungible tokens (NFTs), Blur has reached a significant milestone that strengthens the industry’s growth. Moreover, in an analysis conducted by DappRadar, a renowned global app store for decentralized applications, Blur has surpassed an astonishing milestone by crossing the $10 million mark. Even more impressive is that Blur continues to be astounding with its relentless growth. Surpassing expectations, it has soared to…

TL;DRPudgy Penguins, which started as a popular NFT collection, just announced that they’re moving into the physical toy space.Every time one of the toys sells, the NFT owners make a royalty.While it’s great to see Web3-native companies branching out into physical items, it’s way easier for Web2 companies who already have brand loyalty to move into Web3 than the other way around as we’ve written about in the past.It’s great to see a new approach to revenue while the NFT market is down.Full StoryRemember when Angry Birds went from simple mobile game –> blockbuster movie –> your niece’s favorite toy?…

Bitcoin Inscription transaction fees took a dip. Miner revenues started to decline while long-term holders continued to show support for BTC. The introduction of Ordinals and Inscriptions took the Bitcoin[BTC] sector by storm as new use cases for the network emerged. This led to high activity on the Bitcoin network as well. Is your portfolio green? Check out the Bitcoin Profit Calculator Based on Glassnode’s data, the proportion of Bitcoin transaction fees attributed to Inscriptions remained relatively high at 26%. Also, out of 111 trading days, only 12 of them (10.8%) recorded a larger relative share of fees. However, it…

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 was bearish, but the lack of volatility persisted. Ethereum’s recent price action was bounded by resistance at $1880 and support at $1750. In the past month, Ethereum [ETH] has shed close to 15.2% in value, measured from the swing high at $2141 to the press time market price of $1816. This was extremely disappointing to some ETH bulls, who expected a strong rally following the breach of the $2000 mark in April. Read Ethereum’s [ETH] Price…