Author: Crypto News Live

By using the ChatGPT-based AI assistant, people can get answers to their questions about Crypto.com’s suite of products and services. Crypto.com, a leading cryptocurrency exchange, has recently announced some exciting updates to its platform. Crypto.com has added support for three new tokens to its fiat-to-crypto on-ramp service, which is part of its DeFi Wallet. Moreover, the exchange has also launched a virtual assistant based on the GPT API to help customers with their queries. New Tokens Supported by Crypto.com Pay According to the update, users will now be able to purchase MATIC, DAI, and USDC with their credit and debit…

The total value locked on Cardano’s decentralized finance (DeFi) ecosystem has reached a new milestone after surpassing the 400 million $ADA milestone for a brief period, to now stand at around 399 million ADA. According to data from DeFi tracking and analytics service DeFiLlama, the total value locked on Cardano, represented in U.S. dollars, is now close to the $150 million. Data shows that decentralized exchange Minswap is the leading protocol by total value locked with $55.2 million locked on it, and it’s followed by collateralized debt protocol Indigo, with $28.5 million locked on it. JUST IN: Cardano $ADA DeFi…

Bitcoin mining companies continue to innovate despite market volatility. Fees generated per transaction decline. Holders don’t see any selling pressure. MVRV ratio begins to decline. Even though Bitcoin prices have been steadily growing in the last few months, the state of miners has been relatively volatile. With growing costs and a decline in miner revenues, the future of miners has been looking uncertain for quite some time. Read Bitcoin’s [BTC] Price Prediction 2023-2024 Don’t mine me That hasn’t stopped mining companies from launching new products to better service miners’ needs. Whatsminer, a leafing provider for mining hardware, recently introduced three…

Key Takeaways U.S. inflation declined from 8.3% to 8.2% on a yearly basis in September. Although the Consumer Price Index fell by 10 basis points, the decline was less than economists’ expectations. As inflation is still high and the economy is in crisis mode, the Fed is likely to continue hiking interest rates, which suggests crypto will continue to suffer. Share this article Inflation has now cooled for three consecutive months. U.S. Inflation Hits 8.2% U.S. inflation keeps falling—but it’s still running hotter than the Federal Reserve would like. The Bureau of Labor Statistics dropped the latest Consumer Price Index report Thursday, showing…

Though the crypto market is currently hovering near a red zone, the Cardano network shows bullish sentiment amid a massive selloff. Investors are now focusing more on potential altcoins as Bitcoin and Ethereum prices fail to meet bullish expectations. Recently, ADA bulls are making an upward push in Cardano’s DeFi activities, which may soon act as a catalyst in pushing the altcoin’s price above its monthly resistance levels. ADA’s TVL Touches 400 MillionIn recent months, Cardano (ADA), the blockchain platform renowned for its groundbreaking decentralized finance (DeFi) solutions, has been achieving notable progress. The Cardano DeFi ecosystem is steadily approaching a…

On May 18, the Pudgy Penguins NFT Twitter handle tweeted out a video announcing the release of Pudgy Toys, its physical line of family-friendly plushie and figurine toys. The video also unveiled Pudgy World, an online portal that provides non-Web3 native consumers their first blockchain wallet and soulbound and tradeable NFTs. The video, which depicts a child playing in her bedroom with the NFT-inspired toys in an homage to the Toy Story franchise, marked a special moment in the project’s history and the first community-licensed mass-market product line from a Web3 brand. “This will be the first time that NFTs…

5. What does the future hold for blockchain gaming? As blockchain gaming continues to evolve and become more adopted in entertainment, it’s natural to contemplate the future of the industry.  The future of blockchain gaming is promising and will likely see significant growth in the coming years, including mainstream adoption as more businesses endorse blockchain technology. More traditional game developers may incorporate blockchain technology into their games, leading to increased mainstream adoption. One primary challenge for blockchain gaming will be overcoming entry barriers for players and organizations. Emerging market players like DeFi Kingdoms, 0xBattleGround and CryptoBeasts are built around DeFi…

NFT Fresh off of co-directing Metallica’s “Chasing Light” music video, which featured his artwork, digital expressionist and internet art native Kim Asendorf has revealed his latest NFT drop. Curated by Peggy Schoenegge for the Feral File platform, Asendorf’s “Colors of Noise” is a series of 50 unique artworks minted on Ethereum, of which 47 pieces will go on sale on Thursday, May 18 for 0.25 ETH (about $450) each. “Each one is an ode to sound design,” the German artist tells Decrypt, with the project marking the first time in his career where he’s brought visual and audio art together.…

Market Research Future (MRFR) recently released a study on the NFT market growth, forecasting robust growth between 2022 and 2032. The research projects a compound annual growth rate (CAGR) of approximately 27.60%, pushing the market valuation to around USD 342.54 Billion by 2032.As of 2023, the NFT market continues to evolve and reshape various industries. Despite scepticism and volatility, the NFT market has grown immensely, becoming a mainstay in the blockchain and digital asset landscape.The Expanding Horizon: NFT AdoptionThe art world remains one of the primary adopters of NFT technology. Established and emerging artists are leveraging NFTs to sell their…

Key highlights:The total cryptocurrency market cap increased from $ 1.14T to $ 1.15T in the past 24 hours, representing a 0.97% changeThe Bitcoin price at press time is $ 27,236 after growing by 0.91% in the last 24 hoursThe total crypto trading volume increased by 0.97% in the past 24 hours, and is currently at $ 178.71BAll prices and changes are presented at the time of publication: May 18, 2023, at 06:00 UTCMarket OverviewThe total cryptocurrency market cap is currently $ 1.15T after a 0.97% increase on the day. The total crypto trading volume increased by 0.97% in the same time frame.Bitcoin is trading at…