Author: Crypto News Live

Despite Ethereum’s recent lackluster performance, Glassnode Co-founders, under the name ‘Negentrophic’ on Elon Musk’s X social platform, assert that ETH’s potential has yet to be fully realized. Analyzing historical data and market patterns similar to those in early 2021, Negentrophic predicts that Ethereum could reach a high of $7,500, a forecast based on current market structures and technical indicators such as the 161.8 Fibonacci extension level. Diving Into The $7,500 Prediction Assessing the prediction from these experts, a Fibonacci extension level seen in 2021, which signaled a major rise for Ethereum, seems to have now emerged on the ETH chart,…

Cyberpunk-themed crypto gaming ecosystem Pixelverse is launching a token on The Open Network (TON) as its Telegram-based game PixelTap player base grows. PixelTap is a clicker-meets-combat game that lets you earn in-game coins to upgrade your robots that you take into battle. When fighting, you’ll frantically tap parts of the screen to attack your opponent’s bot, as well as craft special attacks and try to defend yourself. But Pixelverse is more than just its Telegram game—it also offers a web browser-based quest battler in the same universe. This game, called Pixelverse, is currently in an “early preview” phase as it…

Nansen is thrilled to announce that Algorand Technologies is joining its platform. Algorand is known for its high-performance Layer-1 blockchain. It will now be available to Nansen users, unlocking its full potential for on-chain investors. This integration marks the arrival of the most powerful version of Nansen yet, now faster, smarter, and more intuitive, currently available in Public Beta. We’re excited to announce that @Algorand is coming to Nansen! 🎉Algorand is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput, and low feesWe’ll launch with a growth dashboard with much more to come 👀 pic.twitter.com/CB7cBf0Uxt — Nansen 🧭…

Ethereum’s price action finally turned bullish in the last 24 hours.  Selling pressure on Ethereum increased last week. The actions of whales have a major impact on crypto prices, including those of top coins like Ethereum [ETH]. The latest analysis rightfully pointed out one such interesting development. Separately, a key ETH metric suggests that investors might soon witness a price hike.  Ethereum and Bitmex’s connection  BlitzzTrading, an analyst and author at CryptoQuant, recently posted an analysis highlighting a unique trend. As per the analysis, following sharp increases in Ethereum reserves, noticeable decreases in the ETH price are observed. For instance,…

Japan’s three largest banks are collaborating on a digital identity initiative that will be anchored on blockchain technology. A new report by the local newspaper Nikkei revealed that the three—MUFG (NASDAQ: MUFG), Mizuho (NASDAQ: MZHOF) and Sumitomo Mitsui (NASDAQ: SMFNF)—have also invited Shizuoka (NASDAQ: SHZUY) and Fukuoka Financial Group (NASDAQ: FKKFF), two leading regional banks, to partner on the project. The project envisions a new digital identity solution that enables users to store personally identifying information such as name, date of birth, address and more on their mobile phones. They can then share these details at will, including when opening…

Online bettors on blockchain-based betting platform Polymarket are predicting that US President Joe Biden will withdraw from the upcoming US elections after his spotty performance during the presidential debate against Donald Trump.Punters rate Biden’s chances of dropping out of the races at 38 cents against 63 cents. The bet has attracted over $7 million worth of bets as of press time.Similarly, forecasting startup Manifold shows a similar sentiment. The firm reports that the odds of Biden being the Democratic candidate for the forthcoming election plummeted to 68% from 94% within the past day.Jim Bianco from Bianco Research noted the exceptionally…

In the rapidly evolving landscape of blockchain technology, the integration of Secret Network‘s Confidential Computing Layer with XDC Network marks a significant advancement in enhancing privacy and security within the blockchain space. This collaboration introduces cutting-edge confidential computing capabilities to XDC’s enterprise-grade blockchain, paving the way for more secure and versatile applications across various industries. We’re excited to announce a partnership and integration of Secret’s Confidential Computing Layer with @XDCFoundation, an enterprise-grade blockchain designed to revolutionize the tokenization of real-world assets #RWAs!Learn more 👇https://t.co/S9e5rmVsVp🧵 (1/5) — Secret Network (@SecretNetwork) June 26, 2024 Enhancing Privacy and Security in Blockchain Applications The…

TL;DRThe Yuri Group has created NFTs and a DAO to be able to raise money, and allow the aging community of Yamakoshi Village in Japan to vote on the things that matter most to them. Full StoryJapan has an aging population.“That has literally nothing to do with crypto.” – you, probably.Bup bup bup, but it does!All thanks to the Neo-Yamakoshi Village project which is aimed at supporting and sustaining Yamakoshi’s aging population through the sale of NFTs.Here’s how it works:The Yuri Group has created both NFTs and a DAO to be able to raise money, and allow the community to…

ChainSwap has recently enhanced its capabilities by successfully integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This collaboration has been operational across several major blockchains, including Ethereum, Arbitrum, Polygon, Avalanche, Optimism, and Base. The integration has supported over $10 million in transaction volume in the past four months, engaging nearly 2,000 unique wallet users. .@chainswaperc has integrated #Chainlink CCIP Programmable Token Transfers to power cross-chain swaps on @arbitrum, @avax, @base, @ethereum, @optimism, and @0xPolygon.CCIP will also enable cross-chain swaps through ChainSwap’s upcoming Telegram bot. https://t.co/E5Q7FyzBVU — Chainlink (@chainlink) June 26, 2024 ChainSwap selected Chainlink CCIP because of its unmatched security features, which…

For years—technically, forever—human beings have lacked a means to suck pimple fluid and other unwanted oils from their face while simultaneously expressing support for a prominent crypto executive. Today, that paradigm shifts. As a component of Base’s “On-Chain Summer” campaign, the rising Ethereum layer-2 network has teamed up with on-chain beauty company KIKI World to create NFT-linked pimple patches adorned with the CryptoPunk-ified face of Coinbase CEO Brian Armstrong. The NFTs, dubbed “BASE FACE,” entitle minters to redeem a physical pack of 40 pimple patches—20 Armstrong faces of varying sizes, and 20 Base network logos. Each NFT costs .0035 ETH…