Author: Crypto News Live

Trading on the New York Stock Exchange (NYSE) was abruptly halted today after Berkshire Hathaway’s Class A shares experienced a dramatic 99.97% drop in value. The equity last traded at $185.10, down from $627,214.90. The halt, coded as M, was triggered due to volatility, and the cause of the sudden decline remains unclear.In a related incident, a glitch at the NYSE operator caused volatility trading halts in about a dozen companies other companies, as reported by Bloomberg. This follows a recent pattern of technical issues affecting major exchanges. For instance, on March 18, the Nasdaq faced a three-hour disruption in…

Ethereum’s price had dropped by over 2% in the last seven days  A metric indicated that ETH was overvalued  Ethereum [ETH] created much buzz in the crypto space when the US Securities and Exchange Commission gave approval to ETH ETFs. Though ETH’s price didn’t turn bullish after the approval, things could change in the coming days.  Is buying pressure high? Before ETFs got approval, there was much anticipation and hype around it. During that time, ETH’s price action also turned volatile in a northward direction. However, after the proposal was passed, things cooled down. In fact, Ethereum has struggled over…

Polygon (MATIC) is a Layer-2 scaling solution that aims to enhance the performance of the Ethereum Blockchain. By addressing scalability issues, Polygon significantly increases transaction speeds, reduces costs, and simplifies user interactions. This article explores what Polygon (MATIC) is and provides a guide on purchasing it with Turkish Lira (TRY). Contents hide 1 What Makes Polygon Effective? 2 How to Buy Polygon (MATIC) with TRY? 3 Why Choose Polygon? 4 Conclusion What Makes Polygon Effective? Polygon is designed to ease the congestion and high transaction fees that Ethereum faces due to its growing network activities. Utilizing a sidechain network interconnected…

TL;DRFull StoryThe power of money is incredible – especially for consumers. Want people to start buying that fair trade, US-grown, plastic package-free, organic coffee? Make it at least $0.01 cheaper than every other coffee available at the grocery store and we guarantee you’ll all but sell out. And it seems this tactic is well and truly understood by the big dogs who will soon be offering ETH ETFs.Franklin Templeton was the first asset manager to reveal their management fees for their ETH ETF on Friday.The result: just 0.19% per year, and they will waive all fees on the first $10…

Recent data shows that the supply of Bitcoin (BTC) and Ethereum (ETH) on exchanges has dropped significantly. This means the largest crypto tokens by market cap could be well-primed for significant moves to the upside, with a supply squeeze imminent.  Supply Of Bitcoin And Ethereum Drop To New Lows BTC ECHO analyst Leon Waidmann shared Glassnode data, which showed that exchange balances for Bitcoin and Ethereum are at their lowest in years. Bitcoin’s supply on exchanges has dropped to 11.6%, while Ethereum’s supply has dropped to 10.6%. This suggests that crypto whales have been accumulating these crypto tokens and moving…

As the cryptocurrency landscape continues to evolve, Binance has announced a significant change that will impact many users: the shutdown of the BEP2 network by June 2024. This transition is part of Binance’s broader strategy to streamline its blockchain operations and enhance performance. For users holding assets on the BEP2 network, the impending sunset means taking prompt action to migrate these assets to the more advanced Binance Smart Chain (BSC). Fortunately, ChangeNOW offers a seamless solution to facilitate this transition, ensuring the security and accessibility of your digital assets. Understanding the BEP2 Shutdown The BEP2 network, originally part of Binance’s…

The cryptocurrency world offers us truly intriguing projects that aim to revolutionize how we perceive and use the internet, assets, and everything happening online. Among many projects being developed and launched, NFTs (Non-Fungible Tokens) may be among the most popular concepts we work with daily. Suppose you are passionate about NFTs and plan to diversify your digital collectibles portfolio with little investment. In that case, we’ve prepared a list with some of the top cheap NFTs you should look into this month. Before we dive into our selection of top cheap NFTs for sale, we must understand the criteria guiding…

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, has announced the launch of its new NFT platform, SORAH by Animoca Brands Japan. Scheduled for release in the summer of 2024, SORAH aims to provide a launchpad for NFT projects and creators, offering sales opportunities and support for marketing strategies.A Platform for NFT CreatorsSORAH by Animoca Brands Japan is designed to support NFT projects by offering a variety of sales and payment methods. The platform will utilize traditional payment methods, such as credit cards, and crypto assets, ensuring broad accessibility.The sales methods will include lotteries, first-come, first-served options, and allow…

CryptoQuant data shows that Bitcoin and Ethereum exchange balance has been on a decline. Technical analysis indicates significant price movements for both cryptocurrencies if key resistance levels are broken. Bitcoin [BTC]  was trading just shy of $70,000 at press time, reflecting a moderate upswing of 2% in the last 24 hours, though it remains below its March peak of over $73,000. This continued growth from the asset is part of a broader narrative that underscores the complexities of crypto market movements. Conversely,  Ethereum [ETH] has shown remarkable stability, maintaining a position above $3,800. This steadiness comes despite a slight 2.5%…

The Ronin network brought in more than 3M monthly users in May, signaling a recovery of the gaming sector. Ronin remains one of the most successful gaming networks, and the sector has improved its activity in the past month. The Ronin blockchain is the principal support for the Axie Infinity game, additional mini-games of the same franchise, and the Mavis NFT marketplace. The activity on around 15 leading Ronin apps leads to 1.3M daily active wallets. Other statistics for Ronin count active users, which surpassed 3M in May and reflect a similar growth trend. The people have spoken And they…