Author: Crypto News Live

Bitcoin and Ethereum were likely headed for their local highs this week. The band of resistance below $70k could pose a substantial obstacle to the buyers. Bitcoin [BTC] managed to climb past the resistance zone at $60k-$61k and was trading a few dollars below $63k at press time. Traders have taken this as a sign that Bitcoin is headed toward its all-time high at $73.7k. Selling pressure on BTC from the German government was depleted and spot ETF inflows last week were strongly positive, setting up a nice environment for a price rebound. This sentiment saw a positive uptick on…

Pixelverse, the project behind rising Telegram game PixelTap, announced Monday that it will launch its PIXFI token on The Open Network (TON) on Thursday, July 18, tweeting that “major centralized exchanges” are set to list the token at 12pm UTC. The PIXFI token launch comes amid a surge in demand for Telegram-based games. After Notcoin pulled in 35 million players earlier this year and dropped the year’s largest gaming token launch in May, other games on the messaging platform started gaining steam. Pixelverse says it attracted 50 million new players in June alone. But tokens from those other games haven’t…

TL;DRFull StoryRemember the good old days of 2021 when the crypto market was buzzing, reaching new all-time high, after new all-time high?Don’t you wish we could go back to that?Well, good news.We’re back. Actually — scratch that — we’re beyond just ‘back,’ we’ve actually surpassed 2021’s market inflows.In 2024, the crypto market has already absorbed $17.8B worth of investment — damn near doubling 2021’s total of $10.6B, in just over half the time.But that’s not the exciting part.The exciting part is, our family isn’t texting us.(Wow, ok…that sounded way sadder than it ought to).What we were trying to highlight is…

Spot Ethereum ETFs will potentially begin trading next Tuesday. The SEC is in the process of gathering final drafts from prospective spot Ethereum ETF issuers. Ethereum [ETH] rose past $3400 earlier today, posting an intraday high of $3,498 on CoinMarketCap before the momentum waned. The leading altcoin was trading at $3,445 at the time of writing – up 3.64% in the last 24 hours. Source: ETH/USDT chart, TradingView Though ETH bounced back from its trip below $3,000 last week and was trading 12.8% higher in the last seven days at press time, it remained down 13.2% from its high on…

Ubisoft is launching its first Web3 gaming with the highly-anticipated Champions Tactics free mint event. This is a unique chance to get in early on an innovative game that crosses strategic gameplay with blockchain technology. This article will breakdown everything you need to know about this exciting event, from the two-phase minting process to the exclusive in-game benefits for early adopters. Let’s dive in!Welcome to the Champions Tactics Free Mint EventUbisoft is going to redefine the world of gaming with Champions Tactics. It’s launching on July 15 and this free mint event will be available in a two-phase process that…

Animoca Brands subsidiary Eden Games announced Monday that it is developing Cosmic Royale, a new blockchain-based kart racing game connected to the Animoca-centric Mocaverse on-chain identity and community platform. Set to launch in the fourth quarter this year, the Mario Kart-inspired racing game will also be part of Animoca’s Motorverse gaming ecosystem, which includes titles such as Torque Drift 2, REVV Racing, and MotoGP Ignition. Cosmic Royale features 40-player matches with multiple racing rounds and a survival-themed finale. The game will serve as the pilot gaming experience for Cosmic Club, Mocaverse’s new social gamification platform. The initial trailer shows avatars…

Welcome to the future of blockchain gaming, heralded by Akedo Games‘ partnership with the TON ecosystem. According to Akedo Games founder Blake, this strategic backing and support from TOP serves as validation that Akedo is pioneering new gameplay in a decentralized gaming world. This blog post will explore how the investment in Akedo Games on TON is going to transform the gaming space and why you should pay close attention.The TON Blockchain EcosystemThe TON blockchain ecosystem is engineered to develop decentralized applications and games. TON, therefore, offers developers more than 900 million users on Telegram—an unrivaled opportunity to reach a…

Axie Infinity introduces the Homeland Avatar Mode, a new feature that allows players to navigate the Homeland map with their NFT Axie avatars. This mode lets players visit neighboring plots, gather in four starter villages, and chat with fellow Lunacians. Whether you own land or not, if you have an Axie, you can participate in this exciting new experience. Homeland Avatar Mode is Coming!Lunacians, you will soon explore Lunacia with our very own Avatar axies.✨ Avatar Mode is accessible to everyone, whether you own land or not.🔎 Roam the land, visit plots, hangout in starter villages, and chat with fellow…

Ubisoft, the storied video game publisher behind the Assassin’s Creed and Just Dance franchises, is rolling out a free NFT mint this week for its first original blockchain-based game, Champions Tactics: Grimoria Chronicles. Set to take place on Oasys, a gaming-centric network, the mint will let players collect a total of 75,000 in-game champion figurines. It will be a completely free mint with no gas fees for users, though holders of the existing Warlords NFTs will get first dibs and can claim more champions. The first phase of the mint will begin Monday, as holders of the game’s Warlords profile…

Thailand is set to roll out what was initially a controversial $13.8 billion digital cash handout program to stimulate its sluggish economy. Prime Minister Srettha Thavisin announced that eligible businesses and individuals could register for the program, dubbed the “Digital Wallet,” starting August 1, per AP News.Originally announced in April, the plan aims to distribute 10,000 baht (approximately $275) to 50 million Thai citizens, previously totaling about $13.8 billion. However, Deputy Minister of Finance Julapan Amornvivat, during a press conference on July 15, stated the costs had dropped to $12.4 billion as 10% of users had not utilized previous handouts.…