Author: Crypto News Live
Nate Geraci predicted that Ethereum ETFs could be approved on the 15th of July. Despite the growing anticipation around ETH ETFs, the price of the altcoin dropped 2.54%. The long-awaited approval of the spot Ethereum [ETH] ETF may have received a new date. According to Nate Geraci, president of ETF Store, it is highly probable that the spot ETH ETF will receive approval on the 15th of July. Source: Nate Geraci/X In his post, Geraci indicated that following a revised S-1 submission for Ethereum ETFs, expected in July, final approval from the SEC could be granted by the 12th of July.…
Meta’s Mark Zuckerberg envisions a future where smart glasses with holographic displays will gradually replace mobile phones as humanity’s primary communication and computing device. In a recent interview with YouTuber Kane “Kalloway” Sutter, Zuckerberg discussed various topics, including artificial intelligence and open source.When asked about Meta’s most exciting future product, Zuckerberg endorsed a set of smart glasses featuring cameras, microphones, speakers, and a full field-of-view (FOV) holographic display.Pundits in both the advertising world and the technoverse have often mocked Meta’s pivot from Facebook to a metaverse-focused company. However, Zuckerberg remains optimistic that smart glasses are on the brink of supplanting…
SubWallet has announced the integration of key features designed to expand the functionality and accessibility of the Polkadot ecosystem. The new updates include support for Polkadot <> Kusama and Polkadot <> Ethereum bridges within its browser extension. On top of that, it includes the integration within the Asset Conversion pallet on its web dashboard. This new pallet allows users to swap between DOT, USDT, and USDC on the Polkadot Asset Hub network. Key highlights: SubWallet now supports Polkadot <> Kusama and Polkadot <> Ethereum bridges. The new Asset Conversion pallet enables swapping between DOT, USDT, and USDC. These updates significantly…
From suspicious shilling to bad investments, several celebrities have ended up losing millions of dollars after attempting to dabble in digital assets. Table of Contents Tom Brady Logan Paul Lindsay Lohan Kim Kardashian Justin Bieber Celebrities and cryptocurrencies are never a good mix. Several A-listers have landed themselves in hot water after endorsing coins on social media, with some paying millions of dollars in fines and facing class action lawsuits. Some have also had their fingers burned after buying pricey NFTs, only to see their value plummet substantially. Then again, these losses were probably a mere rounding error in their…
Ethereum saw a downturn despite strong beginnings. The postponement of ETH ETFs by the SEC sparked mixed reactions within the crypto community. After a strong kickoff on the first day of Q3 of 2024, Ethereum [ETH] has flipped back to a bearish trend once again. As reported by CoinMarketCap, ETH, at press time, dropped by 1.11% over the last 24 hours. However, despite this recent downturn, technical indicators like MACD and RSI suggested a potential shift from sellers to buyers. Source: TradingView At press time, Ethereum was approaching a critical resistance level at around $3538, and a breakthrough could signal…
A U.S. judge in Massachusetts has denied a motion to dismiss a class action suit against DraftKings alleging its NFTs are securities. This sets the stage for a future trial about NFTs as securities. A U.S. Judge in Massachusetts has denied a move by DraftKings to dismiss a class action lawsuit brought on by buyers of its non-fungible tokens (NFTs). The suit alleges that the tokens are investment contracts, setting the stage for a future court battle on whether NFTs are securities. DraftKings offers sports-themed NFTs on its marketplace via the Polygon blockchain. Justin Dufoe, a buyer, first filed suit…
Web3 Foundation and Parity Technologies, key players in the Polkadot ecosystem, have disclosed their financial independence from the network’s on-chain treasury.The CEOs of the two companies revealed their “significant financial runway” after recent reports raised concerns about the blockchain’s financial health.Parity Technologies is the blockchain infrastructure behind Polkadot, and the Web3 Foundation supports the network’s growth through funding and research.Financial independenceFabian Gompf, CEO of Web3 Foundation, clarified that the foundation has over five years of financial runway without selling DOT tokens.Gompf further dismissed the concerns about the treasury as misleading, noting that “the treasury has continuous inflows [and is] never…
Activities related to NFT trading and staking ensured the rise in dApp activity. While new demand for ETH fell, withdrawals from exchanges jumped. Ethereum [ETH] stood out from the many blockchains available after its dApp volume increased by 92.43% in the last seven days. For context, dApp stands for decentralized Applications. They are applications that operate on a blockchain network while using smart contracts to power trading and user interaction. In most cases, low transaction fees bring about a surge in volume. Ethereum beats BNB Chain, others to the spot This is because users do not have to pay exorbitant…
Band Protocol has announced a strategic partnership with Coreum, aiming to bridge Real World Assets (RWAs) and enterprise use cases to the burgeoning Cosmos ecosystem. This collaboration marks a pivotal step towards simplifying the integration and interaction across different blockchain networks, bolstering the capabilities of developers within this decentralized landscape. Band Protocol, known for its robust oracle solutions, is integrating with Coreum to deploy its Oracle network across the Cosmos ecosystem through the innovative CW-Band library. This partnership is set to enhance the utility of Band’s oracles, providing developers with streamlined, efficient tools for incorporating vital external data into their…
TL;DRTelegram’s latest release lets users flip between mini-apps within Telegram, which improves the experience for users who play crypto tap-to-earn ‘mini-app’ games like Hamster Kombat.Full StoryIf ya haven’t heard, Telegram is on a tear right now. Mostly because of crypto tap-to-earn ‘mini-app’ games like Hamster Kombat and Notcoin, which have accrued hundreds of millions of players (literally!).So, what do you do when you’re winning? Win some more of course.Their latest release lets users flip between mini-apps within Telegram, meaning users can now bounce between a game, a chat and their TG wallet (for example). Why does this matter?Think about our…
