Author: Crypto News Live

Desig, Omnichain Smart Multisig Wallet solutions provider, has announced its integration with the Conflux Network. This collaboration promises users a transformative experience characterized by enhanced security, intelligence, and efficiency. 🎉 We’re thrilled to announce that Desig, your go-to Omnichain Smart Multisig Wallet, is now live on @Conflux_Network!Get ready for a transformative experience in digital asset management that is secure, intelligent, and incredibly efficient. pic.twitter.com/KpfhDIfhB7 — Desig | Omnichain Multisig Wallet (@DesigLabs) May 15, 2024 Conflux Network’s Role in Desig’s Digital Asset Management Solutions Conflux Network’s innovative Tree-Graph consensus mechanism enables Desig users to enjoy lightning-fast transactions and high throughput. In…

Willy Woo based his latest analysis on the VWAP Oscillator’s upward trend Retail investment and technical patterns seemed to support a bullish outlook too Bitcoin recorded a notable hike recently, with gains of 4.9% seen over the past week. This uptick has contributed to a broader bullish trend across the cryptocurrency market. Analysts are now closely monitoring various indicators to predict what might lie ahead for the world’s leading cryptocurrency.  One such analyst, Willy Woo, shared his insights on the Volume-Weighted Average Price (VWAP) Oscillator for Bitcoin, discussing its potential implications for future market movements. Woo’s analysis on the social…

Bitcoin has not hit the “alert” zone of hyper-growth yet in its current market cycle Gradual uptrend of the past eight months might accelerate after it does Bitcoin [BTC] saw a strong bullish move on 15 April after the release of CPI numbers proved more favorable than expected. At press time, Bitcoin was trading just under $66k on the charts. However, it has been in a retracement phase since mid-March and is yet to beat the $66.9k high resistance formed a month ago. Over the past 4-6 weeks, the bullish momentum has stalled, and fears of a deeper retracement have…

In a significant move to enhance the cryptocurrency ecosystem, Alchemy Pay has partnered with Metis, a Layer 2 blockchain solution underpinned by Ethereum, to integrate a robust fiat-to-crypto payment gateway into the Metis platform. This partnership will enable developers within the Metis ecosystem to access Alchemy Pay’s seamless On & Off-Ramp solutions, facilitating easier transitions between fiat and cryptocurrencies for users worldwide. This collaboration aims to refine the user experience by providing a direct, efficient gateway for these transactions. Alchemy Pay’s addition of Metis’s native token, METIS, to its On-Ramp solutions is a key feature of this partnership. This integration…

The previous week, wallets using Solana non-fungible tokens saw a price surge. This increase in activity is a tangible reflection of the huge popularity and growing participation in the Solana NFT system. Solana is one of the top-notch non-fungible token platforms, followed by Bitcoin and Ethereum. The Solana nonfungible token has eventually become a stupendous hit among first-time users. Top NFT collections drive the price in Solana NFT collections, with an appreciation rate of 4% punctuating this. Solana’s non-fungible token volumes have increased slightly, positioning them as market leaders in NFT collections. On May 15, however, their price tag increased…

A new playtest is coming to Moonfrost! Starting at the end of May, players on the Welcome List will be able to login to the Moonfrost world, tend to their farm, create their own customized house, and collect SHARDS. Moonfrost, a Stardew Valley-type farming and social game, is opening up a special ‘Farming Fest’ playtest on May 29th. You will need to be on the Welcome List to gain access to this playtest, but securing one of those coveted spots isn’t impossible! The first step to getting onto the Welcome List is to sign up on the Moonfrost website. After…

Solana’s network activity remained high in May  SOL’s price action was bullish, but sentiment around it turned bearish  Solana [SOL] has been in the limelight lately owing to its achievements in the NFT ecosystem. However, that’s not all, with recent datasets revealing that the blockchain has excelled in yet another domain after it flipped Bitcoin [BTC].  Solana’s high network activity  SolanaFloor, a popular X handle, recently tweeted that the blockchain managed to overtake Bitcoin in terms of revenue generated in the last 24 hours. To be precise, SOL generated $1.65 million in revenue, while BTC generated ‘just’ $1.5 million. The…

Bitcoin’s whale activity recorded a major decline BTC broke above a descending triangle pattern, signaling a hike in buying pressure Bitcoin’s [BTC] whale activity has cratered to its lowest level since the beginning of the year. This, as the crypto developed resistance and support levels around the $65,000-price level on the charts.  In fact, data obtained from Santiment revealed that over the past week, only 60,193 BTC transactions exceeded $100,000, marking its lowest count since the final week of 2023.  Also, the number of BTC whales that hold over 100 coins has dropped by 0.48% in the last two months…

TL;DRFull StoryStupidity = health.Yep, fair point — that one needs a little more context.When markets are in ‘boom’ phases, you’ll often see investors start to creep further out along the risk curve (i.e. looking for bigger returns in riskier assets, instead of lower returns in safer assets).Another way of saying that is:Healthy markets lead to investors making stupid decisions (so in a weird way, an increase in stupidity = a sign of health for the market).Well, we have some good news!The market is (apparently) healthier than your cousin Jen on a juice cleanse right now, cause this week memecoins outperformed…

NFT sales volume on Ethereum has dropped by 50% over the past month This, partly due to the fall in general NFT activity The sales volume for Ethereum-based non-fungible tokens (NFTs) have cratered by 50% in the last 30 days, according to CryptoSlam. Additionally, the on-chain data provider found that the value of all Ethereum-minted NFTs sold during that period totalled ‘just’ $203 million. 469,276 NFT sales transactions were completed on the Ethereum network in the last 30 days. This figure represented a 72% decline in the number of transactions on the network. This may be connected to the drop…