Author: Crypto News Live
TL;DRThunder Funder allows retail investors to buy-in to early stage Bitcoin-related companies, while those same companies can crowd raise up to $5M in funds (all while staying compliant with regulations).Full StoryYou know the term ‘picks and shovel businesses’?It exists because in the Californian Gold Rush of the mid-1800’s, it wasn’t the gold miners that made the greatest fortunes, but the folks providing products/services to the miners.(E.g. Wells Fargo, which provided shipping and banking services).Yeah, well — pick and shovel businesses are still generating massive wealth for their owners in the modern day. See: Jeffrey Preston Bezos’ Amazon, which makes more…
Crypto market is crushing at high rates than envisioned. Here’s a look at three reasons causing the cryptocurrency market dip. The last 24 hours have seen the largest crypto market crash in recent months. Bitcoin’s [BTC] decline from $50k to $60k has pushed the crypto market to a massive decline. With BTC’s extreme volatility amidst increased global financial market uncertainty, altcoins have been hit the most. Spectator Index reported that cryptocurrency markets have witnessed about $ 1 billion liquidation over the past 24 hrs. The decline has left traders and analysts wondering what’s causing such a massive drop. AMBCrypto has found…
The NFT sector has seen a significant change in terms of sales this week. The data from CryptoSlam places Sorare, DogeZuki Collection, Bored Ape Yacht Club, Guild of Guardians Heroes, and CryptoPunks among the top NFT collections in this respect. These NFT collections have made significant progress to outcompete Guild of Guardians Heroes, Gods Unchained Cards, and DMarket which were among the top in the previous week. Sorare Sees a Weekly 42.25% Rise in Sales Volume to Get the 1st Spot among Top NFT Collections As per CryptoSlam, Sorare saw a substantial jump to reach $3,879,631 in sales. This NFT…
The January lows which launched the rally to $4k were retested in the early hours on the 5th of July. It’s too early to call for an Ethereum bottom, but investors can wait for more clarity over the next week. Ethereum [ETH] plummeted to the January lows over the past few hours. Its descent below $2.9k was followed by a 27.5% drop over the next 12 hours. At press time, ETH has bounced to $2366 from the $2.1k lows, a 12.17% bounce. The smart money that bought close to $20 million when prices were at $2.9k and $3.1k has not…
The cryptocurrency market has recently faced a significant downturn, causing concern and uncertainty among investors and enthusiasts. This article explores the current state of the market, the primary factors driving the crash, and potential future scenarios. The Current State of the Crypto Market As of early August 2024, the cryptocurrency market is experiencing one of its most severe declines in recent memory. Over the past three days, Bitcoin has dropped approximately 20%, plunging from around $67,000 to just over $50,000. This sharp decrease has wiped out over $300 billion from the market, with other major cryptocurrencies such as Ethereum, Binance…
TL;DRFull StoryJuly is officially over (can you believe it??) which means we can now take a backwards look at what happened in the crypto markets last month.Today we’re going to focus on a battle that’s as old as t…Well it’s actually only a bit over four years old – but in crypto years, that’s a long time. We’re talking about Ethereum vs. Solana!(Specifically, the amount of usage of DEX’s built on Ethereum compared to those built in Solana). For the first time ever, Solana beat out Ethereum in terms of overall trading volume for the month (see header image 👆).Which…
Jump crypto has unstaked and sold off millions of its ETH holdings. The firm still has over 34 million ETH staked. Jump Trading has been notably active with its Ethereum [ETH] holdings over the past few days, though not in a manner that might be reassuring to observers. The crypto trading firm has been unstaking its ETH during a week when Ethereum’s price has been declining. Jump crypto unstakes 120K ETH Recent data from Lookonchain and Arkham Intelligence revealed that Jump crypto has moved over 120,000 staked Ethereum, valued at approximately $314.8 million at the time of the transfer. These…
Eric Paulier, founder and CEO of Vatom, spoke at the UNESCO “Change the Game” sports conference in Paris. His speech offered a future vision of the Esports Olympics, which includes “virtual sports,” competitions involving technologies such as AI and NFT. Olympics of Esports: Eric Pulier’s vision on the future of “virtual sports” with AI and NFT Esports Olympics: promoting inclusion thanks to AI and other technologies The game based on Tezos Blockchain Olympics of Esports: Eric Pulier’s vision on the future of “virtual sports” with AI and NFT Eric Pulier, CEO of Vatom, spoke at the UNESCO “Change the Game”…
The Abu Dhabi Blockchain Center has been officially revealed as a mark of the region’s commitment to drive innovation and growth in the whole Web3 ecosystem. Ideally, the development of this new centre aims to push forward Abu Dhabi as a global leader in blockchain technology and innovation.Goals and Focus AreasThe Blockchain Center is meant to provide a base for the development of a booming ecosystem that will serve startups, enterprises, and academic institutions in totality by offering both services and programs. This Center is focused on five critical technology focus areas, which include Incubation and Acceleration Hub, Venture Capital,…
US developer Laguna Games and Crypto Unicorns DAO have announced in unison that they are going to shutdown the Unicorn Party. The Unicorn Party was a series of games covering the intellectual property of the Crypto Unicorns, with the goal of wider audience reach through simpler gameplay and reward systems.Unicorn Party Reach and Sunsetted TitlesThe titles that lived under the umbrella of the game of Unicorn Party included Bumpercorns, Mob Run, Unicorn Trivia, and real-money wagering features. These four titles have been sunset. The thinking behind these four games was to aim for mass appeal, easy-to-understand gaming, and engaging rewarding…
