Author: Crypto News Live

NFT Bitcoin Frogs surpassed Bored Apes as the most traded non-fungible token collection during the last 24 hours, in what is a milestone for the upstart Ordinals market. The collection has generated more than $2 million in trading from nearly 700 transactions. Comparatively, the Bored Ape Yacht Club, the most-valuable NFT collection in the world by market share, has ranked third during the last day with about $1.3 million in volume, the CryptoSlam! data also shows.So far this month Bitcoin Frogs NFTs have registered $5.9 million in trading, according to CryptoSlam! data. The collection generated about $52,000 in trading in…

Bitcoin Frogs surpassed Bored Apes as the most traded non-fungible token collection during the last 24 hours, in what is a milestone for the upstart Ordinals market. The collection has generated more than $2 million in trading from nearly 700 transactions. Comparatively, the Bored Ape Yacht Club, the most-valuable NFT collection in the world by market share, has ranked third during the last day with about $1.3 million in volume, the CryptoSlam! data also shows.So far this month Bitcoin Frogs NFTs have registered $5.9 million in trading, according to CryptoSlam! data. The collection generated about $52,000 in trading in April.…

Coinbase Cloud will leverage its global infrastructure and experience managing blockchain data to bolster the security and reliability of the Chainlink blockchain oracle network. The United States-based cryptocurrency exchange’s cloud service will operate as a new node operator on the Chainlink network in a partnership set to improve the decentralization of the Web3 ecosystem. Coinbase Cloud’s infrastructure already services several leading blockchains, including Ethereum, Solana, Algorand and Aptos. Chainlink node operators are integral to the network and are responsible for connecting smart contracts on different blockchains to data and systems.Related: Google Cloud broadens Web3 startup program with 11 blockchain firmsChainlink creates a bridge between Web2…

Addresses holding between 0 to 1 BTC increased holdings, thus, hitting an ATH. The coin might be undervalued considering the 365-day trend of one metric. Bitcoin [BTC] Shrimps, a term used to describe relatively small investors who hold less than one BTC have been accumulating. This has led their holding to hit an All-Time High (ATH). Often characterized by the ability to navigate market volatility, Glassnode noted that the holding of this set surpassed others. The #Bitcoin supply held by Shrimp Entities (<1 BTC) continues to relentlessly rise, expanding to an ATH of 1.31M coins. The cohort is currently experiencing…

Bloomberg Intelligence’s senior macro strategist Mike McGlone is expressing bearish sentiment on Bitcoin (BTC) and other crypto assets. In a new Blockworks Macro interview, McGlone says that he sees the stock market falling off a cliff. According to the macro analyst, most altcoins will likely witness a severe correction following a drop in the stock market, with Bitcoin printing a new bear market bottom. “My base case is [the S&P 500 index] is going to 3,000, Bitcoin’s going to go down, I don’t know how far. It might make a new low. Cryptos will go down real hard. We’re going…

Scammers use Uniswap’s name to attract unsuspecting victims.  Overall activity on the network fell as user retention declined. Uniswap [UNI] has been dominating the DEX space for quite some time and has established its authority over the market. Due to its popularity and efficiency, the name Uniswap has garnered the trust of its users in the crypto space. Read Uniswap’s [UNI] Price Prediction 2023-2024 However, some scammers have been using Uniswap’s brand for their personal gains. Something phishy According to AegisWeb3, a new type of scam has emerged, which resulted in over 800 victims and asset losses exceeding $1.8 million. The scam…

Blockchain OpenAI recently leveled the playing field in the realm of artificial intelligence (AI) chatbots with a notable update to its ChatGPT model. What’s new? Internet connectivity. Previously, this was a distinct advantage held by Google’s Bard, but no longer. Last March, OpenAI unveiled the concept of ChatGPT plugins and said ChatGPT would be able to search the web. It set up a waitlist for users and developers interested in testing the feature. These features have now transitioned into beta for the GPT-4 model of ChatGPT, making them more widely available. The move appears to have been fast-tracked, likely in…

NFT Many brands rushed into the NFT space in 2021 as tokenized digital assets were yielding billions of dollars’ worth of monthly sales—but none did it quite like apparel giant Adidas, which partnered with Web3-native brands and personalities on a high-profile collaboration. In December of that year, Adidas launched its Into the Metaverse campaign alongside the popular Bored Ape Yacht Club NFT project, Punks Comic (a derivative CryptoPunks project), and pseudonymous NFT influencer gmoney. The Bored Apes had only been minted months prior, and the entire NFT space was still very new and volatile. For Erika Wykes-Sneyd, then the global…

TL;DRThe ApeCoin DAO just funded an accelerator that will build products and services that require ApeCoin as payment. The more exciting ApeCoin dependent products & services there are → the more people will use them → the more demand their is for ApeCoin. (Not groundbreaking. But smart.)The impressive part is the fact that a bunch of crypto degenerates are responsibly managing a ~$400M treasury.Full StoryThat headline isn’t a direct quote (we made it up). But it summarizes the intent of this latest move from the ApeCoin community.When ApeCoin launched, a bunch of the tokens were put into the ApeCoin DAO…

Ethereum’s [ETH] price trajectory of the last 30 days has been nothing short of disappointing. ETH traded at $1,966 on 19 April and stood 8.66% lower at $1,813 at the time of writing. However, that didn’t stop ETH from making progress on other fronts. One such development was highlighted by glassnodealerts. The total value locked (TVL) in ETH 2.0 Deposit Contracts reached an all-time high as of 19 May. However, will this development give ETH’s price a much-needed boost? 📈 #Ethereum $ETH Total Value in the ETH 2.0 Deposit Contract just reached an ATH of $38,940,216,407.02 Previous ATH of $38,929,153,051.50…