Author: Crypto News Live

Project Awakening, a web3 game created by CCP Games and set within the same universe as Eve Online, is accepting applications for their Phase III playtest, which is set to begin on May 21st. Taking place on a ruined world, Project Awakening allows players to build and create, leaving their very own mark on the game world. CCP Games built a name for themselves by creating the biggest, and longest running space-based MMMORPG ever. In recent years CCP Games has expanded their portfolio, adding new, different games, all set within the Eve Online universe. One of their latest developments, Project…

ETF volumes surged as BTC’s price appreciated on the charts Number of long term holders declined though, despite recent hike in price Bitcoin [BTC]’s recent push past the $65,000-level has inspired massive optimism among traders and investors alike. This, despite the minor correction that followed soon after. However, it isn’t just the crypto-market where BTC is making waves. In fact, Wall Street is pretty keen on Bitcoin as well. Interest in ETFs grows According to Santiment, seven major Bitcoin ETFs together recorded a trading volume of $5.65 billion, marking their highest volume since 24 March. On 16 May, the net…

Mastercard (NYSE: MA) and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of tokenised deposits using blockchain technology within Hong Kong’s fintech sandbox. This initiative marks a significant step forward in exploring the potential of blockchain in revolutionising banking transactions and asset management. Tokenised deposits using Mastercard’s Multi-Token Network The successful execution of tokenized deposits highlights the growing synergy between traditional banking institutions and cutting-edge fintech solutions. Through the Mastercard Multi-Token Network (MTN), the live test transaction involved a Mox Bank client purchasing a carbon credit, which was then tokenized by SCBHK using Libeara, its…

The Shiba Inu ecosystem team teases an “exciting transformation” involving the NFT project from its long-term partner Welly Friends. The team disclosed this in a recent post on X, spotlighting the NFT update dubbed Horizon Expands. This update, which breathes new life into the Welly Friends NFT collection, will feature hand-drawn art that replaces the previous 3D renderings. In the announcement, the Shiba Inu ecosystem team called attention to revelations made by the team behind Welly Friends in an X Spaces session. Details suggest an artistic reimagining of every Welly Friend NFT. 1/8 Get ready for an exciting transformation! The…

Oasys, a blockchain platform focused on gaming, has announced an expanded integration with SBINFT Market, a prominent NFT marketplace operated by SBI Group’s subsidiary, SBINFT Corporation. This collaboration marks a key development for both companies as they strive to strengthen their presence in the Japanese market.With this partnership, SBINFT Market now supports Oasys’s HOME Verse, its Hub-Layer (L1), and MCH Verse (L2). Expanding beyond its initial integration will allow businesses and developers to utilize Oasys’s blockchain layers to sell NFTs on a trusted and reliable marketplace managed by SBINFT Corporation. This expansion enhances access for Japanese users, potentially increasing engagement…

A crypto analyst has made a daring prediction for Ethereum (ETH), setting the timeline for when the world’s second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000.  Here’s When Ethereum Will Reach $10,000 A crypto analyst identified as ‘Yoddha,’ on X (formerly Twitter) has announced the timeline for Ethereum’s ascent above $10,000. According to Yoddha, Ethereum is expected to rally massively after a period of accumulation and decline, continuously rising above $10,000 by the end of the year.  Related Reading The analyst’s ambitious predictions are based on historical trends exhibited by Ethereum from 2016 to…

For analysts and investors alike, comprehending the variables that influence price action in the complex world of cryptocurrency markets is essential. Ali Martinez, a well-known cryptocurrency expert, has recently provided insights into the fluctuations in the price of Bitcoin by applying the basic economic theory of supply and demand.  Understanding Bitcoin Prices Through Supply And Demand It is worth noting that any asset’s price movement, including cryptocurrencies, is determined by the fundamental rules of supply and demand. An asset’s price tends to decrease when supply outpaces demand, while prices typically increase when supply cannot keep up with demand.  Related Reading…

Have you heard about Bitcoin runes but have no idea what they are or how they work? In the world of cryptocurrency, new terms and concepts are constantly emerging. Bitcoin runes are one such concept that has been gaining popularity recently. In this beginner’s guide, we will delve into what Bitcoin runes are, how they work, and why they are significant in the world of cryptocurrency. What Is the Runes Protocol on Bitcoin? The Runes Protocol is a new token standard that brings fungible tokens to the Bitcoin blockchain. The launch of Runes took place in April 2024 on block…

In a groundbreaking move towards mainstream adoption of blockchain technology, Pyth Price Feeds have been officially launched on Xion, heralding a new era of decentralized consumer applications. Xion, known for its commitment to simplifying user interactions and abstracting the complexities of blockchain technology, has joined forces with Pyth, the leading provider of real-time market data, to empower developers with access to over 500 high-quality price feeds. The integration of Pyth’s oracle onto the Xion blockchain represents a significant milestone in the evolution of decentralized finance (DeFi) and consumer applications. With Pyth’s extensive network of price feeds covering traditional and digital…

The NFT drop that was originally announced in 2022 as a way to support the growing Welly restaurant franchise in Europe just received an amazing facelift. Welly Friends NFT collection upgraded by SHIB: What’s new? SHIB, a unique conglomerate of decentralized finance (DeFi) cryptocurrencies, announced today the refreshing of the Welly Friends NFT Collection, a series of innovative NFTs supporting a popular restaurant and catering business in Italy. 1/8 Get ready for an exciting transformation! The refreshed @WellyFriends collection is now live. We’re bringing you a fresh and vibrant update! pic.twitter.com/U6iVezGoQE — Shib (@Shibtoken) May 16, 2024 While preparing a…