Author: Crypto News Live
Solana (SOL) Price Trading Inside a Bullish Short-Term Pattern – Possible Move Up? Despite failing to move above a crucial long-term resistance level, the Solana (SOL) price is trading inside a bullish short-term pattern. While a breakdown from this pattern seems likely, it is uncertain how this will affect the long-term trend. SOL Creates Lower High at Resistance The SOL price has fallen under a long-term descending resistance line since reaching an all-time high price in November 2021. Since the line has been in place for such a long period of time, the trend can be considered bearish as long…
Amazon is preparing to develop and implement a new “search” functionality for its online web store featuring a ChatGPT-like interface. A pair of job postings first spotted by Bloomberg spell out the company’s plans, which state in unambiguous language that Amazon intends to reinvent its long-standing search feature.In a job listing for a “Sr Technical Program Manager,” the company states:“We are working on a new AI-first initiative to re-architect and reinvent the way we do search through the use of extremely large scale next-generation deep learning techniques.”The pay for this position, which requires at least seven years of experience working directly…
Bitcoin’s median transfer volume has recently reached a record low. However, the number of Bitcoin transactions has spiked to an all-time high. The ever-changing price of Bitcoin [BTC] appears to have influenced a decline in institutional transactions while retail investors have taken the lead. Considering the current median transaction levels, what extent of involvement can we observe from retail holders versus institutional holders? Read Bitcoin’s [BTC] Price Prediction 2023-24 Bitcoin Median Transfer Volume hits record-low Glassnode Alerts recently shared a post revealing that the seven-day Moving Average Median Transaction Volume of BTC reached an all-time low. This decline became noticeable…
Key Takeaways Bitcoin mining company Argo Blockchain announced today it may have to wind down its operations.. Core Scientific, a rival operation, declared last week it could face bankruptcy. If adverse conditions continue, Bitcoin miners may end up dumping their holdings like they did in November 2018. Share this article Between sunken BTC prices, the dropping value of mining rigs, rising electricity costs, and a soaring hashrate, Bitcoin mining operations are facing difficult market conditions. Tough Times for Bitcoin MinersBitcoin miners are having trouble keeping afloat.Bitcoin mining company Argo Blockchain suggested in a statement to Bloomberg today that it could soon…
The Sui Network launched its mainnet and introduced the SUI token, showcasing promising activity and seamless operations. The SUI token’s performance revealed fluctuations in value while serving crucial roles in the ecosystem. After weeks of eager anticipation, the Sui Network unleashed its mainnet into the digital realm earlier this month. Also, it was accompanied by the grand introduction of its token. Now that the mainnet is in full swing, it’s time to unveil the curtain and explore its performance and the journey of the mighty SUI token. The Sui Network shows decent activities The Ok Link Sui network explorer has…
Blockchain Blockchain gaming has continued to make up a substantial portion of all on-chain transactions, says data firm DappRadar. In a report examining April market data, 38% of all crypto transactions were related to gaming—despite seeing 10% fewer daily active wallets (roughly 672,000) compared to the previous month. DappRadar blamed the ongoing “meme token craze” for the user dropoff, citing PEPE’s billion-dollar market cap that recently ballooned to $1.7 billion before crashing by 63%. It also partially blames the meme token boom for the 74% decrease in virtual worlds trading in the past month, but noted that games like The…
NFT Kyushu Railway Company (JR Kyushu), a prominent member of Japan’s expansive Japan Railway Group, has unveiled plans to issue non-fungible tokens (NFTs) on the Astar Network, a versatile smart contract platform for multichain applications. Teaming up with P.R.O. Co., Ltd., JR Kyushu aims to forge new connections with its users by distributing NFTs, thereby strengthening its existing customer relationships. This innovative endeavor presents an exciting opportunity for JR Kyushu to engage with its audience in novel ways and explore the potential of blockchain technology within the realm of rail travel. Commencing in July 2023, the JR Kyushu NFT project…
By Sandy Carter, COO and Head of Business Development, Unstoppable DomainsIn a digital first word, your brand is your digital identity.At Unstoppable, we’re building a platform for people to create a digital identity that they fully own and control. That’s why we introduced Unstoppable profiles, giving people a place to express their digital identity across the metaverse and beyond. There are so many things you can do with your Unstoppable profile, from showing off your wearables to earning badges for your favorite community to showcasing a custom AI-generated avatar. Getting started is simple, and in this post I’ll dive into how you…
The Autoglyphs and Azuki collections showed strength despite the broader market tumble. The number of addresses buying NFTs fell to June 2021 levels. It has been a horrendous last 30 days for blue-chip Ethereum [ETH] NFTs in the market with a handful of them experiencing significant downturns in value. However, out of the top 10 collections in market capitalization, only two were able to flee from the nose-diving state. Realistic or not, here’s ETH’s market cap in BTC terms Not a Yuga Labs season According to IntoTheBlock, these “escapees” were not Bored Ape Yacht Club [BAYC] or Mutant Ape Yacht…
In a world where zombies roam and humans fight for survival, a new era of play-to-earn gaming emerges. Welcome to the Undeads Metaverse. This multiplayer MMORPG game offers a rich array of income-generating mechanics, allowing players to earn cryptocurrency while indulging in an immersive gaming experience.Undeads Metaverse is currently rewarding early adopters with bonus incentives. Players can mint now and gain extra features, such as an antidote NFT and access to a private discord server. Moreover, Undeads Zombie NFT holders can win up to 3 Blue Chip NFTs by Yuga Labs and an exclusive Undeads Merch Box.Let’s take a closer…
