Author: Crypto News Live
TL;DRFull Story12 months ago, adding buying/integrating a crypto platform/tool/service into your existing web2 product offering was a bad idea.(At least, in the eyes of most traditional investors).Why? Because:Prices were in the toilet AI was the hot new tech that everyone wanted to see integratedAnd the SEC was on a warpath with the crypto industry (☝️ so much so that speakers were cancelling US conference appearances in fears they’d be arrested at the border)But now we’re seeing a big shift in that sentiment — highlighted by Robinhood’s acquisition of the crypto exchange Bitstamp (announced last week).This acquisition will increase Robinhood’s global…
Ethereum price failed to clear the $3,720 resistance. ETH declined again and is now at risk of more losses below the $3,550 support zone. Ethereum started a fresh decline from the $3,720 resistance zone. The price is trading below $3,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $3,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a close below the $3,550 support. Ethereum Price Dips Again Ethereum price attempted a decent increase above the $3,650 resistance zone. ETH even spiked…
Navigating the world of blockchain can be challenging, especially for beginners. One notable network in this space is TON, The Open Network. This guide aims to provide a clear understanding of TON by exploring its origins, features, and significance in the digital landscape.Understanding TON: The BasicsTON, short for The Open Network, is a blockchain-based project that aims to transform the way we interact and transact online. The project was created with the goal of being fast, scalable, and user-friendly, allowing users to easily access and utilize its decentralized applications and smart contracts. In a similar vein to Ethereum, TON supports…
Polygon has beaten Ethereum in terms of gas usage and overall activity. The price of MATIC fell considerably over the last few days. Polygon [MATIC] witnessed a massive uptick in activity over the last few months and has slowly and steadily garnered attention from multiple users. Polygon races to the top Due to the growing popularity of Polygon, it outperformed Ethereum in terms of gas usage. Moreover, Polygon had outdone Ethereum in terms of monthly active users. Source: token terminal If users are flocking to Polygon for its lower fees and faster transactions, it could slow down Ethereum’s adoption rate.…
The Arbitrum Foundation, responsible for the Ethereum Layer 2 scaling solution, has committed a considerable sum to promoting growth in the gaming sector within its ecosystem. A proposal has been approved to distribute 225 million ARB tokens, valued at around $215 million, over the next three years to fund the Gaming Catalyst Program (GCP). This program aims to boost engagement and advancement in the gaming industry by promoting the use of Arbitrum, Orbit, and Stylus among game creators and players.The proposal, first introduced in March and officially approved on June 7, had widespread support from the community, with over 75%…
A layer-1 blockchain passed the Ethereum (ETH)-based virtual reality platform Decentraland (MANA) to become the top crypto gaming project in terms of development activity, according to the analytics platform Santiment. Santiment notes that MultiversX (EGLD), formerly known as Elrond, registered 236.93 notable GitHub events, compared to 150.4 events for Decentraland. The non-fungible token (NFT) layer-2 scaling solution Immutable X (IMX) ranked third with 77.4 GitHub events, and the Ethereum sidechain Skale Network (SKL) clocked in at fourth with 42.6. Source: Santiment/X Santiment notes that it doesn’t count routine updates and uses a “better methodology” to collect data for GitHub events…
More whale addresses have accumulated ETH in the last few weeks. ETH’s bull trend has continued to weaken with the price drop. Ethereum [ETH], which has been moving closer to a bear trend over the past few days, has presented a buying opportunity for large investors. According to recent data, big wallets have acquired more Ethereum as the price declined, which is a bullish signal. Whale addresses scoop up Ethereum AMBCrypto’s analysis of some major Ethereum addresses revealed a slight increase starting from the end of the previous month. Specifically, wallets holding over 10,000 ETH showed growth beginning around the…
In an exclusive development, INTO has announced a new partnership with Value DEX. It is a premier decentralized exchange for EVM chains and the Solana network. This collaboration promises to bring exciting new opportunities for users and as a whole for the blockchain community. We’re excited to announce @valu_so as our new partner! 🎉Your premier decentralized exchange for EVM chains and the Solana network. 🌐✨This partnership brings together the best of social networks and DEX! Stay tuned for more exciting collaborations. 🚀🔥 pic.twitter.com/YEwUyymB7i — INTO (@INTOverse_) June 8, 2024 Value DEX Brings Expertise to INTO for a Frictionless DeFi-Social Experience…
TL;DRFull StoryRight now, all the rage is about Artificial Intelligence (i.e. AI; i.e. ‘Apple Intelligence’…according to Apple).And when a technology as powerful as AI comes along, people have two options: use it for good; or use it for evil. So far, we’ve seen a bit of both in the crypto space. For example, AI has been used to discover bugs in smart contracts that could have been exploited for millions of dollars if discovered by the wrong people. (That’s a use case for good). But, AI has also been to blame for things like deepfake videos of people such as…
Today, we will walk you through the process of buying cryptocurrency on Changelly in Brazil via Unlimit Crypto. Step 1 First, you will need to initiate the transaction. Go to the “Buy” tab in the Changelly app or website, and enter the amount of BRL you would like to pay. Then, select the cryptocurrency you are going to purchase and your preferred payment method (in this example, we will be using Bank transfers via Pix). Check the displayed rate and the amount of crypto you will receive as well as the fees you will have to pay (displayed at the…
