Author: Crypto News Live
Jan Happel and Yann Allemann, the co-founders of the on-chain analytics platform Glassnode, recently suggested that Solana (SOL) could make a significant move to the upside in its Ethereum pair. They alluded to the likelihood of Ethereum rising higher as another reason SOL will likely “soar.” Solana To Make A 90% Move Against Ethereum Happel and Allemann, through their shared X account (@Negentropic), highlighted a “clear Cup and Handle pattern” on the SOLETH chart, which suggests Solana will move 90% from its current price level. They also noted that the SOLETH ratio has been consolidating for some time now and…
Web3 game Apeiron announced the start of its Guild Wars tournament on May 21, featuring a $1 million prize pool. The competition will start with different regional online preliminaries up until June 25, followed by an in-person showdown set to happen in Hong Kong in Q3. Frank Cheng, co-founder of Apeiron, explained to Crypto Briefing that the Guild Wars tournament taps into the competitive nature of the game. “The game is in real-time and there’s an action element that you can directly control the movements of your main avatar, and you can also use cards depending on the situation in…
When it comes to social gaming experiences, Hamster Kombat stands out for its unique blend of crypto investments and gamification. Developed by the team behind TON cryptocurrency project, this game has taken the Telegram messaging app by storm, amassing 8 million users in just 4 weeks. But what exactly makes Hamster Kombat so popular and why is it gaining such rapid growth?Core GameplayAt the heart of Hamster Kombat lies a virtual hamster wheel that players can tap on to generate points called “Hamster Power”. This Hamster Power can then be used to invest in various cryptocurrencies, making it more than just your average social…
Nimble Network, a decentralized artificial intelligence orchestration layer to improve the AI ecosystem, has recently announced an exclusive partnership. As per the company, it is joining forces with Anome (an on-chain game ecosystem focusing on enhancing GameFi, NFT liquidity, NFTFI, and DeFi. On its official account on the social media platform X, the company revealed the news of this move. 🚀 Excited to announce @Nimble_Network and @Anome_Official are joining forces! Nimble’s AI OrderBook will ensure efficient and cost-effective decentralized AI applications. Anome aims to revolutionize the on-chain game ecosystem with enhanced NFT liquidity and value.… pic.twitter.com/2IVlMhnk3y — Nimble Network (@Nimble_Network)…
The crypto market cap was now over $2.6 trillion. BTC and ETH continue to hold a greater percentage of the crypto market capitalization. According to data from CoinMarketCap, the crypto market has risen by over 7% in the past 24 hours. All major assets have experienced substantial gains during this time. Why is the crypto market up today? Crypto market sees surge As of this writing, the crypto market capitalization is approximately $2.62 trillion, according to CoinMarketCap. The data also indicated that the market cap had increased by over 7.6% in the past 24 hours. This surge is driven by…
Nyan Heroes, a PC-based hero shooter on the Epic Games Store, launched its Solana-based NYAN token today, opening up its token claim for players who participated in the recent play-to-airdrop campaigns around the game. NYAN debuted on crypto exchange Bybit early Tuesday, as the game’s official launch partner following the Solana token generation event (TGE). The token popped over $0.46 with $22 million in early volume, and is currently priced at $0.30, per data from CoinMarketCap, with a market cap above $30 million as of this writing. Bybit is also hosting a rewards campaign, handing out 2.76 million NYAN tokens—about…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Picture the scene: you’re about to deposit your savings at a new bank. But as you’re filling out the forms, you come across a news story about a $624 million theft caused by a devastating exploit to the bank’s computer system. You might also like: A rewarding ecosystem enables monetizing passion in web3 | Opinion You start to look at other banks to find a safer alternative, but things aren’t that easy. You see, you have no…
The Ethereum price has risen almost 20% in the last 24 hours. This is a positive development for the second-largest crypto token, which has been lagging until now. Ethereum’s price surge is believed to be due to several factors, including the potential approval of the Spot Ethereum ETFs. SEC Could Soon Approve Spot Ethereum ETFs Ethereum has risen on the news that the Securities and Exchange Commission (SEC) could approve the Spot Ethereum ETF applications. Before now, it was almost certain that the Commission would deny these applications. However, the SEC is now open to approving these funds based on…
Ronin recently announced the launch date for the Ragnarok: Monster World Nyang Kit. The latest post on the platform confirms the kit’s release date of May 28. During the event, users can earn Nyangvines, in-game benefits, and Ragmon tickets. They can even get their hands on a rare 1/200 Irochi Baphomet NFT. A few weeks ago, Ronin announced the return of Ragnarok. The game boasts a loyal player base of 68 million across multiple titles. Nyangvines are not a new addition to the Monster World ecosystem; however, they are making a comeback. The addition will come with a twist via…
Since the advent of Bitcoin in 2009 and the explosion of innovation that followed, the web3 industry has faced many challenges. Beyond dealing with regulators, improving UX, and weeding out bad actors, blockchain engineers continue to tackle two major hurdles: scalability and interoperability. While many Layer 2s are working to scale Layer 1s like Bitcoin and Ethereum by improving throughput and reducing transaction fees, protocols like Union enable both—interoperability at scale. The need for blockchain interoperability Whatever your opinion on the WEF, its 2020 whitepaper on blockchain interoperability hit the nail when it stated, “Organisations do not want to find…
