Author: Crypto News Live

The VoxEdit Contest in The Sandbox is offering a reward pool of 10,000 $SAND to participants who design the best wearables based on selected memes like DOGE, SHIBA, BONK, DEGEN, AND PEPE. This amount will be split amongst the top participants, with 2,500 tokens allocated for the 1st place with 1,750 $SAND and 1,000 $SAND to go to the 2nd and 3rd places, respectively. With that, participants in the 4th to 10th position will receive 250 $SAND each. There’s also a participation prize of 30 $SAND. VoxEdit presents: #RiseOfTheMemecoins Contest 🎨Theme: Memes as Wearables 👕🧢 Turn your favorite meme into…

The Machines Arena Play-to-Airdrop (P2A) campaign uses a gamified reward system to engage users and provide lucrative returns via a play-to-earn strategy. In this detailed guide, you will learn more about the opening steps of how to earn points and rewards, maximize earning with your VIP membership, important details to remember, and tips for success.Getting Started with Play-to-AirdropMachines Arena P2A has a dynamic reward system: players earn points through many different activities—inside and outside the game. First of all, to take part in this campaign, a player has to be registered on the official website of Machines Arena and buy…

Minima, a layer-1 blockchain focused on decentralized physical infrastructure network (DePIN) solutions, is collaborating with Mercury FX, a global currency payment solution, to develop an alternative to SWIFT, the world’s largest payments messaging network.According to a July 24 statement shared with CryptoSlate, this proof of concept will leverage Maxima—Minima’s information transport layer protocol—which allows users to exchange information by performing a small amount of work from their device, called Transaction Proof of Work (TxPoW).The firm stated that Maxima would ensure that messages are encrypted and can only be read by the recipient. This method, it argues, enhances the system’s security…

Ethereum prices are stable at spot rates, moving horizontally even after the United States Securities and Exchange Commission (SEC) approved the list and trading of spot Ethereum ETFs on July 23. Ethereum is trending below the crucial resistances at $3,500 and $3,700 at press time. However, buyers have kept prices above $3,300 as price action moves horizontally. Though there are expectations of volatility, reading from options data, now that spot Ethereum ETFs are available for trading, one analyst picked out a critical development that might affect the BTC-ETH dynamic. Ethereum Whales Taking, ETH Outperforms BTC In a post on X,…

The SND Genesis Battle Pass collection dominated the non-fungible token (NFT) market with a US$1.39 million sales volume on Tuesday, July 23, according to data from CryptoSlam. The Ethereum-based collection is linked to Sword & Dungeons, a role-playing game backed by OKX Ventures. The industry-leading secondary sales volume came after the game minted 4,000 Genesis Battle Pass NFTs, which were subsequently sold out. SND Genesis Battle Pass had 2,460 unique buyers from just 96 sellers. This helped Ethereum retain its top spot with a total of US$6.27 million in sales for the day, rising from the US$4.16 million recorded the…

TL;DRFull StoryWe’re going to finish things off today with a bit of fumb (fun + dumb) news.Crypto.com has just taken over the Las Vegas Sphere with a massive BTC symbol.Seriously! Here’s a video of it.While it is the first crypto-related ad to be featured on the Sphere, it’s not the first to propose a big fat crypto ad on there. Back in March, the Dogwifhat (WIF) meme coin community raised over $700,000 to get their dog on the Sphere.Unfortunately for WIF, crypto.com beat them to the punch.Okay, so this is fumb news, but can we squeeze a bit of meaning…

Built on the Solana-based lending protocol, Solend has rebranded to Save and relaunched its platform at save.finance. With the rebranding, Save introduces three new products designed to enable more financial opportunities for the Solana community: a stablecoin, a liquid staking token, and an application for shorting memecoins.Financial Services and Improved User InterfaceRebranding to Save is more than changing a name; in fact, it’s now a strategic evolution that will enable the platform to do more for its users in terms of financial services provided—from borrowing to trading. It comes after three years of growth and development in which Solend has…

The long-awaited Ethereum ETFs have finally hit the market, marking a significant milestone for Ethereum and other altcoins. Industry experts and enthusiasts are looking at how the effects could play out on Ethereum’s price action in the coming months.  Renowned crypto analyst Doctor Profit has made a bold prediction. According to him, Ethereum’s value is set to break through the $10,000 barrier, with the potential to reach a peak of $14,000. The catalyst for this anticipated surge is none other than the Ethereum ETFs, which are expected to act as a major catalyst for the cryptocurrency’s upward momentum. Doctor Profit’s…

After a long wait and some doubts, spot Ethereum ETFs are finally here. ETH ETFs got approved on July 22nd, 2024, and began trading almost immediately afterwards, on July 23rd. But now that they’re available for trading, come the questions: What is an Ethereum ETF, how can you buy spot Ether ETFs, and what ETH ETFs can you invest in? When Will Spot Ethereum ETFs Start Trading? New spot Ether ETFs from providers like Fidelity, BlackRock, and 21Shares began trading on July 23rd, 2024. Ethereum exchange-traded funds (ETFs) are already here, with several new ETFs tracking the spot price of…

ETH volume soars past $1 billion during the first 24 hours. The recent surge sparks investors optimism. After long months of waiting,  Ethereum [ETH] Exchange-traded funds (ETFs) went live on 23rd July. The crypto community has been eagerly awaiting the approval of ETH ETFs. Since the approval of BTC ETFs early this year, the market has been buzzing with speculation about the approval of other ETFs. ETH ETF hits past $1 billion CBOE approved nine ETH ETFs last week, and the NYSE cleared them for trading. Within the first few hours of trading, volumes started at $110 million and reached…