Author: Crypto News Live

Sellers have taken over Ethereum price direction, suggesting that price might fall below $3,000. The one-day Realized Cap dropped, indicating that the market might lose confidence if the trend persists. The price of Ethereum [ETH] risks falling below $3,000 for the second time in a few days. This was according to the data AMBCrypto obtained from the Cumulative Volume Delta (CVD). On the daily chart ETH/USD, the spot CVD had dropped to the negative region. The CVD tracks the difference between the buying and selling volume of a cryptocurrency over some time. Buyers struggle to sustain the pressure When the…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

Key Points: TON’s blockchain assets surged 1,400% this year, reaching over $1 billion, buoyed by its tie-up with crypto super app Telegram’s vast user base. Overcoming past SEC scrutiny, TON now implements stricter KYC/AML measures and has partnered with Tether for expanded payment solutions. Eyeing growth as a potential “super-app,” TON aims to secure a significant share of Telegram’s users by 2028 The Open Network (TON), linked to the crypto super app Telegram, has emerged as a standout performer in the cryptocurrency space this year, despite recent market volatility. TON Blockchain Surges Amidst Partnership with Crypto Super App Telegram TON…

AxLabs has enhanced its Docker-based Neo3 private network deployment solution to support Windows, complementing its existing compatibility with Linux and MacOS. The tool aims to simplify the setup of a local development environment for builders on Neo, used when testing applications. Docker, a platform utilizing virtualization to run software in isolated environments known as containers, bundles applications with their dependencies. This approach ensures consistent software operation and testing across various hardware and operating systems. The neo3-privatenet-docker repository from AxLabs automates the entire process of building, configuring, and operating a private Neo network. The deployment includes a consensus node and two…

Ripple partner SBI Holdings has entered into a strategic agreement with South Korea’s Kyobo Life Insurance Group to expand collaboration in the sphere of security token offerings (STOs) and digital finance. Companies will work to open up new business opportunities in the digital space. The companies are expanding their collaboration following success in the venture capital and fintech sectors, including the venture capital fund in Southeast Asia. STO is a type of public offering in which tokenized digital securities, also known as security tokens, are issued based on specific assets. They use blockchain technology to improve the transparency and accessibility…

Crypto funding rates for Bitcoin and Ethereum declined significantly over the last few days. Implied volatility for Bitcoin and Ethereum surged materially during this period. Bitcoin [BTC] and Ethereum [ETH] holders have been severely impacted by the recent market drawdown. However, it wasn’t just holders who had been affected. Low on funding rates The funding rates for both BTC and ETH fell materially over the last few days. Negative crypto funding rates might lead some investors to believe a price decline is imminent, encouraging them to sell their holdings or take short positions themselves. This selling pressure can contribute to…

ChromaWay, a pioneering blockchain company, has announced its inclusion in the Amazon Web Services (AWS) Partner Network, according to the latest information disclosed to Finbold on July 5. The collaboration is expected to streamline enterprise access to ChromaWay’s blockchain solutions alongside offerings from top software vendors. Enhancing ChromaWay visibility and reach By joining the AWS Partner Network, ChromaWay is able to provide its services on the AWS Marketplace. Frequented by millions of customers, the marketplace will undoubtedly improve ChromaWay’s visibility among businesses seeking blockchain solutions. The partnership thus not only elevates ChromaWay’s profile but also reinforces AWS’ dominance as the…

Santiment, a leading behavior analytics platform, recently released a comprehensive report highlighting the most actively developed projects on the Binance Smart Chain (BSC) and Binance Chain networks. The report employs a robust methodology, compiling data by counting significant GitHub activity across various projects and averaging this activity over the past month to determine the leaders in development. This latest analysis from Santiment underscores the continuous efforts and updates that certain projects are making, despite the broader market’s fluctuations. By focusing on development activity, investors and stakeholders can gauge which projects are not only active but also evolving, potentially signaling robustness…

Gravita has announced upgrading its weETH data solution from Redstone to the industry-standard Chainlink Price Feeds. This strategic move aims to ensure greater security and reliability for their platform. The deployment is now live for Ether_fi’s weETH Vessels across Arbitrum, Ethereum, and LineaBuild. 1/ 🛡️ We’re excited to announce that we upgraded our weETH data solution from Redstone to the industry-standard @chainlink Price Feeds!This upgrade ensures greater security. The deployment is live for @Ether_fi’s weETH Vessels across @arbitrum, @ethereum, and @LineaBuild. pic.twitter.com/rXq75b2JHJ — Gravita Protocol (@gravitaprotocol) July 4, 2024 Enhanced Security and Reliability Chainlink’s decentralized computing platform has a proven…

Chainstack, a prominent package of services offering Web3 infrastructure to developers, has recently announced another development. As per the company, its Chainstack Global Elastic Nodes are currently supporting Oasis Protocol (a privacy layer dealing with artificial intelligence and Web3). The platform took to its official account on the social media platform X to disclose the respective initiative. Chainstack Global Elastic Nodes now support @OasisProtocol 🌌Experience a blockchain platform built for speed, featuring a confidentiality-enabled EVM network that provides scalable, customizable privacy tooling for Solidity developers across all EVM chains.The best thing… pic.twitter.com/xCBqe6yvtM — Chainstack 💙🛠️ (@ChainstackHQ) July 4, 2024 Chainstack…