Author: Crypto News Live

Fantasy Top surged to the top of CryptoSlam’s non-fungible token (NFT) leaderboard, generating over US$831,530 in daily sales on Tuesday. The previous day’s sales for Fantasy Top stood at US$362,773. Fantasy Top is a collection on Blast, an Ethereum layer-2 by Pacman, the founder of the Blur NFT marketplace. The project is a trading card game based on crypto influencers on social media. Tuesday’s top sellers were all connected to NFT games, with the second-highest performing collection being DMarket, a Mythos-based collection for in-game NFT items of popular online games. Its sales reached US$705,194, a slight increase from the previous…

Imagine a world where unique digital assets, unlike anything we’ve commonly traded before, become a driving force in the investment landscape. NFTs, or non-fungible tokens, represent this imaginative leap, transforming artwork, collectibles, and even tweets into valuable assets. They are not merely an offshoot of the cryptocurrency boom but a burgeoning market with their unmistakable identity.Diving into the realm of NFTs requires understanding their distinct nature – how they differ starkly from cryptocurrencies, and why they’ve captured such widespread attention, especially in creative industries. As we witness NFTs reshaping the financial contours of the art world and gaming, a new…

Memorial Day saw crypto thrive, with Bitcoin hitting $70K and Ethereum $4K. 2024 defied norms, showing increased crypto activity on Memorial Day. On the 27th of May, while the United States celebrated Memorial Day, an interesting disparity emerged in the financial markets. While the U.S. Stock Market, including the Nasdaq and New York Stock Exchange (NYSE), were closed for the holiday, the cryptocurrency market was thriving. Crypto market surges Bitcoin [BTC] surged to the $70,000 mark, and various altcoins displayed significant gains on their daily charts. Ethereum [ETH] also briefly reached the $4,000 level, adding to the overall market excitement.…

3Cross.ai has announced the launch of its presale on the ZkSync platform and the receipt of a $115,000 Google Grant, marking a significant milestone for the artificial intelligence and Blockchain sectors. This dual development underscores the company’s innovative approach and its commitment to leveraging cutting-edge technologies to revolutionize the AI landscape. The $115,000 Google Grant is a testament to the confidence that a tech behemoth like Google has in 3Cross.ai’s capabilities and the potential of the company. These funds will be instrumental in advancing the company’s research and development efforts, enabling it to refine its AI algorithms and expand its…

Main Takeaways Forever Worldwide: The Road to Saudi Arabia starts where it all began for Cristiano Ronaldo’s football journey: Madeira, Lisbon, and Manchester! The newly released Madeira, Lisbon, and Manchester NFTs provide an innovative way to engage with Cristiano Ronaldo’s early football story and are available for purchase now. Purchasing these Normal NFTs not only grows your collection but brings you real utility and rewards. If you’re one of the 25 fastest eligible users to collect two NFT locations, you could earn even more – a vintage football jersey! Purchase the NFTs on the Binance NFT Marketplace. Register for a…

Last week’s crypto market rally led to a flow of funds into crypto-backed investment products.  Last week, Ethereum recorded its highest weekly inflows since March. Digital asset investment products recorded inflows totaling $1.05 billion last week, marking the third consecutive week of inflows, digital asset investment firm CoinShares found in its new report. According to the report, last week’s inflows brought the year-to-date inflows into cryptocurrency funds to a record-breaking $14.9 billion. Source: CoinShares The digital asset investment firm found that last week’s crypto market surge positively impacted the activity around Exchange-Traded Products (ETPs). During that period, weekly ETP trading…

OdraDev has introduced Odra 1.0, a groundbreaking new standard for smart contract development on the Casper blockchain. Developers get everything they need in this one-stop-shop platform for creating, testing, building, deploying, and interacting with smart contracts. It takes out the clutter of development to make focus-driven developments. We’re excited to announce #Odra 1.0, a new smart contract standard for #Casper. @odradev presents a complete solution to develop, test, build, deploy, and, interact with smart contracts on Casper.Odra is designed with a focus on optimizing development time for developers and… pic.twitter.com/4d7WRWhFN8 — Casper (@Casper_Network) May 27, 2024 Odra Empowers Developers with…

TL;DRThe demand for the Bitcoin ETFs are pushing BTC’s price up (hoooray!), but also concentrating BTC ownership, allowing for greater price manipulation (boooo!).Full Story“Everyone has a price.”That’s pretty much the driving factor of Bitcoin’s price.If there’re more buyers than sellers, the price goes up in an attempt to convince holders to sell. …and if that isn’t successful? The price goes up even further.As of this writing, the US Bitcoin Exchange Traded Funds (aka: ETFs, aka: funds that buy Bitcoin every time someone buys a share in their fund) own a whopping 5% of the 21,000,000 Bitcoin supply.And if US stock…

  Exchange inflow reached January highs, putting the ETH’s price at risk. Though the reward ratio dropped, a key indicator suggested that ETH could rally above $4,700.  Almost six months since it last hit the highest exchange inflow, Ethereum [ETH] is back in the same situation, sparking speculations that the price could swing lower. At press time, ETH’s price was $3,874. According to data from IntoTheBlock, the exchange inflow was as high as 140,660 on the 25th of May. While the inflow has not shed much, AMBCrypto’s deep-dive into the rabbit suggested that the bullish prediction might not come as…

VeChain celebrated the success of Shanghai Tanlian Technology Co., Ltd., the company behind VeCarbon, for its significant contributions to achieving carbon neutrality. This celebration marked the start of a new chapter for public blockchain VeChainThor in its mission to provide blockchain-based carbon management services on a global scale. VeChain has made progress in combining blockchain with dual carbon research to improve monitoring and management of carbon emissions across various sectors. Designed to improve the transparency and traceability of carbon emissions data, VeChain provides comprehensive support to governments, businesses and the public. Their strategies have been effectively applied in sectors such…