Author: Crypto News Live

The crypto trader who caught this year’s Bitcoin (BTC) rally and sold at $30,000 is detailing his plans to re-enter the markets. In a new strategy session, pseudonymous analyst DonAlt tells his 50,200 YouTube subscribers that Bitcoin could be mirroring its price action in early March of this year. According to the trader, Bitcoin printed a huge bear trap on March 9th when it broke support at $21,000 only to reclaim it a couple of days later en route to rallying toward $30,000. Now, DonAlt says that BTC could be presenting a similar opportunity after breaking support at $27,200 and…

Bitcoin, the king of crypto, has shown an unyielding resilience as it continues to defy market expectations. This report draws upon an in-depth analysis by renowned crypto analyst, Ivan Liljeqvist of Ivan on Tech, who explores the current Bitcoin price trends and their implications on the broader cryptocurrency ecosystem.Bitcoin’s Invalidation Scenario: A Paradigm Shift?Ivan discusses the ‘invalidation scenario’ where Bitcoin is currently resisting a price breakdown. Despite the looming possibility of a head and shoulders pattern, which suggests a potential drop to approximately $23,000, Bitcoin seems to be defying this course. It has managed to stay above the breakdown and…

Ensuring your safety in Web3 may often seem like a difficult task. But it really shouldn’t be, considering the wide variety of best practices that users can observe to boost their level of security while perusing the blockchain. Yet, many simply glaze over the lessons of the past and other practical security solutions established by their peers until it’s too late. Except in the wake of a remarkable hack or scam, security seems to be a secondary or even tertiary priority to many in Web3. But significant grifts can ultimately cause problems for the majority of those in the NFT…

Blockchain Sam Altman’s crypto project Worldcoin, which launched its World App earlier this week, is set to migrate the app from Polygon to Optimism’s ecosystem. The Worldcoin Foundation (Worldcoin’s initial steward) and Tools for Humanity (Worldcoin’s lead software contributor) announced today a partnership with Optimism Collective. As part of the collaboration, World App will migrate to Optimism’s OP Mainnet from Polygon. The World ID protocol will also be available on OP Mainnet. “With more than 1.6 million sign-ups in beta and 500,000+ monthly active World App users, the deployments on OP Mainnet will expand access and help Worldcoin reach a…

NFT Daniel Alegre, CEO of Yuga Labs — the company that created the Bored Ape Yacht Club (BYAC) — personally bought a piece from his firm’s own NFT collection. BAYC is the largest blockchain collectible by market capitalization, nearing $800 million. For a sum of 50 ether (ETH), or approximately $90,000, Alegre secured ownership of his Bored Ape — number 3575 — which is distinguished by its unique portrayal of a chimpanzee wearing sunglasses and a Sea Captain’s hat. The floor price to buy a Bored Ape NFT is currently 43 ETH ($77,500), according to CoinGecko. The art for each…

Prepare to immerse yourself in Blocklords, where the realm of medieval grand strategy gaming fuses with blockchain technology. This innovative gaming experience isn’t your average digital pastime. Instead, it’s a dynamic, engaging universe where your actions can translate into real monetary rewards. Will you be a humble farmer, a valiant knight, a stealthy raider, a wise lord, or even a powerful king? Each role you step into comes with its own unique narrative, distinct responsibilities, and the potential for bountiful rewards. And the best part? Blocklords is free-to-play, allowing you to venture into this medieval universe at no cost. However, if you’re looking…

The ARR for ETH staking reached new highs. ETH’s price declined, along with selling pressure. After the Shanghai Upgrade, Ethereum’s [ETH] prices faced some volatility for a short period. However, the overall interest surrounding ETH staking grew as withdrawals came into the picture. Is your portfolio green? Check out the Ethereum Profit Calculator ARR stakers ready for this? It appears that the interest in ETH staking will not be decreasing any time soon. According to Token Unlock’s data, the present annualized rate of return (ARR) for ETH staking stood at 8.6%, representing a historical peak. This implies that ETH stakers…

Ubisoft, a leading player in the video game industry, has joined forces with Integral Reality Labs to introduce a new concept: Assassin’s Creed Smart Collectibles. These innovative assets are essentially NFT access passes created on the Ethereum scaling network, Polygon.These are not just digital tokens; they are tied with physical collectibles inspired by the much-loved Assassin’s Creed, a hugely popular action franchise inspired by different historical periods.Ubisoft’s Innovative LeapUbisoft, a French multinational company, is no stranger to the gaming community. Since its inception in 1986, Ubisoft has consistently delivered high-quality, immersive gaming experiences. Famous for creating franchises such as Far…

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The retest of the breaker can offer bears a good risk-to-reward selling opportunity. Lower timeframes showed speculators shorting BTC with large volumes in recent days. Bitcoin [BTC] faced rejection from the $30k resistance zone in mid-April. Like clockwork, the losses Bitcoin faced in subsequent weeks were reflected across the altcoin market. A shift in sentiment toward the king saw investors flee to stablecoins, evidenced by the rising Tether [USDT] dominance. Read Bitcoin’s [BTC] Price Prediction 2023-24 Short-term BTC holders were…

Key Takeaways Art Gobbler NFTs have started producing GOO tokens. GOO can be used to produce more GOO or generate Gobbler NFTs, among other things. Despite its utility, the token is unlikely to perform well even if Art Gobblers becomes successful. Share this article Art Gobbler NFTs have started producing GOO, which can be used to generate new Gobbler NFTs—or produce even more GOO. Over time, this monetary system is highly likely to favor early adopters and whales at the expense of everyone else.Art Gobblers Unleashes GOO HypeThe Art Gobblers economy has kicked off.Art Gobblers, the factory NFT collection designed…