Author: Crypto News Live
In an interview with Yahoo Finance’s “Wealth,” Ric Edelman, founder of the Digital Assets Council of Financial Professionals and $291 billion asset manager Edelman Financial Services, provided a striking forecast for the Bitcoin price. Edelman argued that Bitcoin’s price could surge to $420,000, attributing this potential rise to a modest global asset allocation towards Bitcoin. Why Bitcoin Price Will Reach $420,000 During the interview, Edelman delved into the advantages of investing in Spot Bitcoin ETFs. He noted that these instruments make Bitcoin accessible in the same way as traditional ETFs, which are commonplace and familiar to investors using ordinary brokerage…
RWA Inc., a prominent platform that uses Web3 technology to provide asset-related services on blockchain, has announced a collaboration. As per the firm, it has begun a strategic partnership with Nuco.cloud (the well-known platform using AI to offer sustainable and scalable computing power). The company took to the social media platform X to reveal the respective endeavor. 📢New Partnership Announcement@RWA_Inc_ is honored to add decentralized cloud computing powerhouse, @nucocloud SKYNET, to our list of pioneering strategic partners.@nucocloud SKYNET is the first decentralized mesh hyper scaler making it a valuable addition to the RWA… pic.twitter.com/MlxrD6l9u2 — RWA Inc. (@RWA_Inc_) May 13,…
U.S. spot Bitcoin ETFs see net inflows, signaling growing confidence. Hong Kong ETFs experience outflows, U.S. spot Bitcoin ETF trading volume declines globally. Today marks a significant moment for Bitcoin [BTC] enthusiasts, as U.S. spot Bitcoin exchange-traded funds (ETFs) have returned to net inflows. After four consecutive weeks of outflows, the total inflows reached $116.8 million last week. This resurgence in investor confidence comes amidst a 1.98% price dip in the leading cryptocurrency over the past 24 hours. Increased investor interest Despite the price uncertainty, there’s a notable uptick in investor interest, as evidenced by recent developments. Bracebridge Capital disclosed…
Medieval Empires, a highly anticipated mid-core multiplayer blockchain strategy game, launched its Open Beta release on May 14th, 2024. Set in the late 13th century, the game takes players on a journey through modern-day Turkey as tribal warriors opposing Edward I on his 9th Crusade. With its stunning graphics, enriching gameplay and unique blockchain integration, Medieval Empires is set to transform the gaming industry.A New Era of GamingIn recent years, we have seen a rise in the popularity of mid-core multiplayer games, where players can engage in complex and strategic gameplay while still having the option to play casually. Medieval…
aelf Overview aelf Price Change 24h -0.51% aelf Price Change 7d -6.18% aelf Market cap $400,066,557.22 aelf Price Prediction 7d $0.504599 +0.98 aelf Fear-Greed Index 66 Greed aelf Green Days 16/30 (53%) Our real-time ELF to USD price update shows the current Aelf price as $0.50 USD. According to our Aelf price prediction, ELF price is expected to have a -2.33% decrease and drop as low as by May 16, 2024. Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 66%, with a Fear & Greed Index score of 66 (Greed). Over the last 30…
Bitcoin miners might sell as decreased mining rewards and transaction fees lower revenues. A potential sell-off by miners could dramatically impact the cryptocurrency market. Bitcoin [BTC] continues to hold significant value, trading above $60,000 despite a 2.3% decrease over the past day. This resilience in price comes amid a challenging period for Bitcoin miners, whose revenues have plummeted following the most recent halving event, according to data from Kaiko. Pressures on Bitcoin miners intensify Bitcoin miners are facing increasing pressure to sell their holdings as a result of diminishing revenues. The recent halving, which reduced mining rewards from 6.25 BTC…
The emergence of various blockchain scaling solutions has sparked discussions about the differences and roles of Layer 1, Layer 2, Layer 3, parachains, and sidechains in the evolving crypto ecosystem. Understanding these concepts is crucial for developers, investors, and users navigating the complex landscape of blockchain technologies – but it’s not always very clear which is which and why we need so many different types. Layer 1 blockchains, such as Bitcoin, Ethereum, BNB Chain, and Solana, form the foundational architecture of a blockchain network. These base layer protocols handle the execution, data availability, and consensus aspects of the network, validating…
TL;DRFull StoryWhat if we told you there was a way to invest $1 and get $3000 in return? The wise words of Seb’s 1st year uni economics teacher, Ms Lebowski, start to ring: “sounds too good to be true? It probably is.”BUT, it’s an interesting concept.Today we’re digging into pre-launch token trading.Here’s how it works: When a company first announces that their token is going live on a decentralized exchange (DEX), they often provide a portion of tokens to be made available for ‘pre-market trading.’ The idea being that super keen beans can snatch up tokens at a low price,…
ETH was trading at a significant support level. Key technical indicators hint at the possibility of a continued decline in ETH’s value. Leading altcoin Ethereum [ETH] is clinging to a crucial support level as its price trends within a descending channel. A descending channel is formed when an asset’s price continues to make lower highs and lower lows, indicating a broader downward trend. Readings from ETH’s price movements on a daily chart revealed the formation of this channel on 12 March. Since then, the coin’s value has declined by 28%. According to CoinMarketCap’s data, the altcoin exchanged hands at $2915…
Shutdown, developed by Garage Studios, is set in a dystopian world where players must battle rogue AI threats. The game features top-down co-op shooter gameplay inspired by popular titles like Diablo and Path of Exile. But what sets Shutdown apart is its collaboration with Immutable zkEVM, a cutting-edge technology that brings blockchain to the gaming world.Shutdown and Immutable’s zkEVM Immutable is known for providing a secure platform for web3 gaming, allowing players to benefit from Play-to-Earn mechanics and trade immutable NFTs (non-fungible tokens). With the integration of zkEVM, Immutable is taking it a step further by combining zero-knowledge roll-up technology with…
