Author: Crypto News Live

Bitcoin struggles with low volatility as the bulls and bears are locked in a stalemate. A look at both sides of the coin with the prospects of a bullish breakout matched by a potential major crash. We can all agree that Bitcoin’s price action has been somewhat uneventful lately. But, what if its historic performance contrasted with the current level of volatility may offer some insights into what to expect in the next 2 months? Is your portfolio green? Check out the Bitcoin Profit Calculator Bitcoin’s performance in the last seven days underscored low volatility coupled with a liquidity crunch.…

Key Takeaways Liquidity is flooding into Algorand’s DeFi ecosystem. The total value locked on Algorand hit $270 million for the first time today. Hivemind Capital deployed $25 million worth of capital in Algorand DeFi, giving the ecosystem a liquidity injection. Several other catalysts have helped Algorand boom ahead of other projects, but the rise may be shortlived due to the macro climate. Share this article Crypto investment firm Hivemind deploying $25 million into Algorand DeFi is one of several catalysts attracting liquidity to the Layer 1 chain. Algorand Receives VC BoostA new cash injection has helped raise DeFi activity on Algorand. Money…

BTC’s price has re-entered the $26,000 range. CryptoQuant analyst Dan Lim opined that a market bottom has been reached.  According to pseudonymous CryptoQuant analyst Dan Lim, while variables such as recession and regulatory actions in the US could impact the cryptocurrency market, the Bitcoin [BTC] market has reached its bottom and is beginning a new bull cycle.  How much are 1,10,100 XRPs worth today? Lim assessed BTC’s Spent Output Profit Ratio (SOPR) for short-term investors. It found that whenever the king coin’s market bottoms out, its unrealized gain/loss ratio drops below -0.18. This indicates that a considerable amount of BTC…

The Alpha Deadfellaz Labs (DFZ Labs) has launched Streamingfellaz, an innovative expansion of the Deadfellaz IP, offering enhanced functionality for collectors to bring their digital avatars to life through video streaming. Streamingfellaz enables Deadfellaz collectors to embody their PFP characters during virtual calls, live streams, and recorded video content. The extension is optimized for popular platforms like Twitch, YouTube, Google Meet, and Zoom. Dive deeper Streamingfellaz, created by Hologram Labs, represents a powerful utility extension to empower the Deadfellaz Horde to embody their unique PFPs fully. With advanced motion tracking and emotion recognition technology, collectors can seamlessly animate their digital…

Blockchain Twelve out of the top fifty cryptocurrencies ranked by market capitalization have implemented on-chain governance. They include DOT, ATOM, UNI, TON, ICP, LIDO, APT, ALGO, FTM, AAVE, and EOS. In a tweet, Justin Bons, founder and CIO of Cyber Capital, congratulated the networks praising them for such a significant achievement. Credit where credit is due, out of the top fifty cryptocurrencies by market cap;Twelve have implemented on-chain governance:#DOT, #ATOM, #UNI, #TON, #ICP, #LIDO, #APT, #ALGO, #FTM, #AAVE & #EOSCongratulations, the future is now; adopt governance to support decentralization! — Justin Bons (@Justin_Bons) May 15, 2023 On-chain governance is the…

NFT The advent of tokenized music assets and NFTs allowed investors to acquire rights to their favorite music, a feat that was nearly impossible a few years back. This use case has increased investor interest in Web3 and blockchain technology recently. In a new development, Web3 marketplace AnotherBlock has secured a new round of VC funding after successfully selling Rihanna’s music rights on the platform. The Sweden-based company raised €4 million in a funding round led by a UK-based venture capitalist, Stride VC. AnotherBlock Raises $4.35 Million In Seed Funding AnotherBlock is a Web3 marketplace for music founded in 2022…

beginner Cryptocurrencies have become a hot topic in the world of finance, with Bitcoin being the most well-known. However, there are many other cryptocurrencies out there, each with its own unique features and benefits. Dash is one such cryptocurrency that has been making waves in the industry. In this article, we will take a closer look at Dash, exploring what it is, how it works, and what makes it stand out from the crowd. Whether you’re a seasoned cryptocurrency investor or a beginner, understanding Dash is essential if you want to stay ahead of the game. So let’s dive in…

Securities and Exchange Commission staff believe Filecoin “meets the definition of a security under the federal securities laws,” the commission told Grayscale Investments in a comment letter. “Grayscale received a comment letter from the SEC staff stating its view that the trust’s underlying asset, FIL, meets the definition of a security under the federal securities laws,” Grayscale said in a statement.  SEC staff also requested Grayscale seek the withdrawal of its registration statement for Filecoin Trust. Grayscale pushed back on the characterization. SEC staff opinions do not reflect the official stance of the commission. Commissioners vote on enforcement actions based…

On back of their recent rebrand, Topia releases 20 pages of detailed documentation, outlining their plans for the new Topia Worlds, the tokenomics of their TOPIA token, and the Topia sidechain! If you just want to jump right into the official documentation for Topia you can access that here (https://docs.topia.gg/docs). The newly released docs have quite a bit of information. But there are three key points — Topia World NFTs, tokenomics for the TOPIA token, and how it all fits together into the upcoming Topia chain. Topia Worlds The World NFTs were the core of NFT Worlds and they are…

Published: 17 May 2023, 4:00 pm Updated: 17 May 2023, 6:22 pm Ethereum founder Vitalik Buterin and director of the Machine Intelligence Research Institute (MIRI) Nate Soares discussed the risks of AI at Zuzalu today.Zuzalu is a “pop-up city community” in Montenegro initiated by Buterin and his peers in the crypto community running from Mar 25 to May 25. The event brings together 200 core residents with a shared desire to learn, create, live longer and healthier lives, and build self-sustaining communities. Over the course of two months, the community is also hosting a number of events on various topics…