Author: Crypto News Live
As one of the earliest organizations working in the blockchain sector, Omnisea is on track to launch an innovative tool on the 1st of June, explaining a major event in the firm’s life. Named OSEA Drop-Staking, the new function is a turning point, as it provides a dual solution and financial opportunity for its Holders and introduces a fresh component of gamification for its creators. 🎉 Introducing: Revenue Sharing with OSEA Drop-StakingOn June 1, the most significant functionality in the history of OSEA will be unveiled. As a Launchpad, Omnisea has developed a stable revenue stream, and now we want…
TL;DRAfter April’s CPI data came in at 3.4% (lower than March’s 3.5%), market players went ‘risk on,’ adding $300B to the total crypto market cap in a matter of hours.Full StoryWe were about to open this article with something along the lines of:“The market just shot straight up, yet somehow, the search term ‘whiplash’ didn’t peak on Google trends? We’re just as surprised as you.”But in a strange turn of events, that makes us question whether or not we’re living in a computer simulation: it did peak 👆And it makes sense. On Tuesday, just about all major crypto charts were…
Galaxy Digital’s net income jumped 40%, with the same attributed to spot Bitcoin ETFs’ impact Galaxy Trading also saw a hike in revenue and volumes Galaxy Digital Holdings Ltd. has emerged as a significant player in the financial realm after seeing a surge in net income by 40% to $422 million. Interestingly, analysts are attributing this growth to the impact of spot Bitcoin [BTC] Exchange Traded Funds (ETFs). In fact, the upward trajectory coincided with a notable resurgence in net inflows observed in spot Bitcoin ETFs on 14 May, following four consecutive weeks of outflows. According to reports, there were…
So far, professional investment firms own about $3 billion of BTC ETFs. Bitwise exec term $3B as a ‘down payment’ as allocation will increase in 6 months. Despite the discouraging market choppiness, Bitcoin’s [BTC] future seems bright and full of unimaginable potential. According to Bitwise CIO Matt Hougan, flows to BTC ETFs could surge as large firms increase their allocation in the next six months. Hougan maintained an uber-bullish stance on BTC’s future after many confirmed professional firms held BTC ETFs after recent 13F filings. “I find the 13F filings for Bitcoin ETFs extraordinarily bullish for the long-term future of…
Even in anything-goes crypto trading, there are conventions designed to protect the little guy. One of those is the vesting period – a window of time following a digital-token sale or airdrop where early investors, such as founders, project contributors and venture-capital backers, are locked up from dumping their allocations. Projects typically do this so that the price of that token doesn’t crash immediately after a listing, say if big stakeholders were to sell right away. Another goal is to make sure insiders and early backers keep skin in the game, an assurance of good faith, as it were. Now…
Gaming-focused blockchain network Oasys is aiming to grow the crypto gaming space in Japan via a new partnership with SBINFT Market, an NFT marketplace that’s run by a subsidiary of SBI Group, the Japanese financial giant based out of Tokyo. Oasys, a chain that’s garnered interest from traditional video game titans like Ubisoft, Bandai Namco, and Sega, is making a concerted effort to grow the burgeoning blockchain gaming market in Japan. The SBINFT Market now supports assets from Oasys’ Hub-Layer (layer-1) and MCH Verse (layer-2) blockchains, in addition to its initial integration with Oasys’ HOME Verse. This will allow developers…
Cross The Ages recently closed a successful equity round of $3.5 million with Animoca Brands as the lead investor. Notable investors Sebastien Borget of The Sandbox and Nicolas Jeuffrain of Tenergie also participated, further solidifying investor confidence in Cross The Ages and its vision. This latest funding round brings the total raised by Cross The Ages to over $23 million, a testament to the company’s success and potential for growth.Fueling Expansion InitiativesThe new capital raised through this equity round will support Cross The Ages’ expansion initiatives as it continues to develop its gaming universe and ecosystem. The company has seen significant success…
Cat-themed shooter Nyan Heroes has confirmed that it will launch its NYAN token on the Solana blockchain next week. The Overwatch and Titanfall inspired mech shooter has been in pre-alpha since March, reportedly breaking into the top 30 titles on the Epic Games Store with over 200,000 downloads. On Tuesday, May 21, the official Nyan Heroes token NYAN will be launched on the centralized exchange Bybit. In addition to this launch, the announcement hints that details regarding the long-awaited NYAN airdrop are coming soon. NYAN tokens will be airdropped to players who participated in the game’s play-to-airdrop campaigns. Players are…
Less efficient miners are beginning to leave the network. On-chain metrics flash a buy signal. The decline in Bitcoin’s [BTC] hashrate post-halving hinted at a potential miner capitulation, pseudonymous CryptoQuant analyst Maartunn noted in a new report. The 2024 halving event reduced mining rewards from 6.25 BTC to 3.125 BTC, Bitcoin’s hashrate. After this, the total combined computational power used to mine and process transactions on the network, rallied to a year-to-date high of 728.27E on the 23rd of April. Consequently, it initiated a decline. At 585.7E at press time, the network’s hashrate has since dropped by 20%, according to…
A major cryptocurrency exchange with a global audience is becoming a member of an influential association of blockchain and digital asset professionals. The collaboration is set to accelerate blockchain development and adoption in the crucial EU region. Top exchange Crypto.com becomes latest member of Adan Web3 association Crypto.com, a major global cryptocurrency exchange ecosystem, is now a member of Adan, a leading association bringing together professionals in the digital asset and blockchain sector throughout France and Europe. Adan is glad to announce that @ https://t.co/VgSJCUXenl is now a member of the Association ⭐️ pic.twitter.com/6fizWhplNq — Adan (@adan_asso) May 13, 2024…
