Author: Crypto News Live
TL;DRFetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) are merging into a single digital asset titled the ‘Artificial Superintelligence Alliance’ (ASI) – which could be a big-brained move.Full StoryBack in April, community members of three different AI-focused crypto projects – Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) – voted to merge them into a single digital asset titled the ‘Artificial Superintelligence Alliance’ (ASI).The merger, which was set to happen on June 13, has now been pushed back to July 15. While it’s planned for a little later than expected, it’s still going to be here before we know it.So,…
Ethereum price failed to recover above the $3,650 resistance. ETH declined again below the $3,550 level and now shows bearish signs below $3,600. Ethereum started a fresh decline below the $3,550 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,650 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it stays below the $3,650 resistance zone. Ethereum Price Takes Hit Ethereum price attempted a recovery wave but there was no bullish momentum. ETH failed to settle…
Axie Infinity has announced the Axie Bounty Aid to help players who find it difficult to complete more than 3 tasks daily on the bounty board due to not having enough fortune slips. This weekly series offers players a chance to win a prayer delegation with 100 Fortune Slips. Also read: Axie Infinity Origins S8 Postseason Begins With the Elite 8 Tournament, Giveaways, and Updates The Daily Bounty Board in Axie Infinity allows players to earn AXS by completing various challenges and tasks. The Axie Bounty Aid program will pick 20 players every week and provide them with a Prayer…
ZkSync, a leading Layer 2 scaling solution for Ethereum, is setting new standards in blockchain governance with the introduction of ZK Nation, its latest decentralized governance framework. Announced recently, ZK Nation is designed to enhance community involvement and ensure a more democratic management of the zkSync protocol. This initiative marks a significant step forward in the network’s commitment to fostering a resilient and participatory ecosystem, ensuring that the control of the network’s future lies in the hands of its users. The introduction of ZK Nation coincides with zkSync’s upcoming token generation event and an airdrop, signaling a move towards greater…
In a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal. According to a Bloomberg report, Google searches for NFTs have reached their lowest levels since 2021, when these tokens first gained mainstream attention. Popular NFT Collections Experience Steep Price Declines A significant drop in sales further highlights the NFT market’s struggles. Researcher DappRadar reveals that NFT sales have decreased by more than six percent to…
The world of Non-Fungible Tokens (NFTs) is evolving at a rapid pace. New niches are emerging, offering unique opportunities for artists, collectors, and investors.In this article, we delve into these emerging NFT niches. We explore how they are shaping the industry and creating new avenues for digital ownership.From digital art and collectibles to virtual real estate and gaming NFTs, the landscape is diverse. Each niche presents its own unique opportunities and challenges.We also look at how NFT artists are leveraging these niches. They are finding innovative ways to monetize their content and connect with their audience.Whether you’re an NFT enthusiast,…
Solana’s founder proposed a mechanism to lower entry barriers to node operations. The executive mulled ways of dealing with voting fees to address the issue. Solana [SOL] and Ethereum [ETH] leaders have debated various issues in the space for a while. Most recently, the Solana Foundation’s clampdown on validators using MEV (Maximum Extractable Value) sandwich attacks caught major attention. The Foundation withdrew financial support to some validators to reduce the attacks. It emerged that running a Solana validator node is very costly, about $65K per year, which calls for the Solana Foundation to offer financial support in some cases. On…
Today, the Pyth Network welcomes Keyrock to its data provider community, enhancing the oracle network’s capabilities for powering hundreds of DeFi applications across more than 60 blockchains.—Keyrock, a leading algorithmic trading and market-making firm for digital assets, has been at the forefront of pricing assets and scaling liquidity since 2017. Their extensive experience and technical expertise will bolster Pyth’s Price Feeds offering, ensuring a more secure and efficient DeFi ecosystem.Expanding On-Chain ParticipationIn this partnership, Keyrock will contribute proprietary market data for cryptocurrencies, foreign exchange pairs, commodities, and US equities to the Pyth oracle. The Pyth Network aggregates data from up…
Institutional investors have been accumulating Ethereum at a rapid pace after the SEC’s recent approval of Spot Ethereum ETFs. Crypto analyst Ali Martinez noted that this accumulation trend has created buying pressure that could be the much-needed catalyst for Ethereum to break above the $4,000 price mark. According to a social media post by Ali Martinez, the number of Ethereum addresses holding over 10,000 ETH tokens has increased by 3% in the last three weeks, showing a positive trend among large investors. Whales Accumulating Pushes Ethereum Buying Pressure Speculation over ETF approvals and increasing institutional buy-in have helped fuel Ethereum’s…
Stanford, CA – Data availability network 0G has announced the release of Testnet Newton v2, a significant step forward in its mission to democratize AI services. This latest version introduces a suite of new features, stability improvements, and security enhancements, building upon the successes of the first iteration.—Testnet Newton v2 operates as a Cosmos-based proof-of-stake chain, designed to provide greater scalability and interoperability. The update introduces new modules for data availability services and committee systems, ensuring consistent high performance and reliability. These modules guarantee data accessibility, thereby significantly enhancing the network’s efficiency and functionality.Other notable additions include improved monitoring capabilities…
