Author: Crypto News Live

Former President Donald Trump recently voiced strong support for Bitcoin and cryptocurrencies, notably diverging from his previously skeptical stance. This significant pivot, prominently featured in a recent video circulating among crypto enthusiasts and investors, has spurred speculation about the potential implications for Bitcoin and other digital currencies as the US election approaches this November. How Trump Could Boost Bitcoin Price The comments made by Trump were discussed by analyst MacroScope on X. The analyst emphasized the importance of Trump’s statements: “By now, you’ve probably seen the video of Trump‘s strident and arguably stunning pro-crypto comments.” MacroScope suggested that the implications…

The Voice has captivated audiences worldwide with its unique format, showcasing raw and undiscovered talent in a competitive singing contest. With millions of viewers tuning in each week, the show has become a cultural phenomenon that has spawned various adaptations and spin-offs across the globe.Now, fans of The Voice can take their fandom to the next level with the launch of The Voice Battle Coach, an immersive game experience that allows players to step into the shoes of celebrity coaches and guide virtual talent through a singing competition mirroring the hit show.What is The Voice Battle Coach?The Voice Battle Coach…

Recently, Prom achieved a major milestone in its development by integrating NEAR’s Data Availability to its ecosystem. Prom’s decision to integrate DA addresses one of the prominent difficulties in blockchain architecture. In addition to this, it also opens the floodgates for Prom’s rollup developers to have access to exceptional scalability opportunities. Prom Integrates NEAR Data Availability Into the EcosystemWe are excited to announce another strategic integration: we’re implementing @NEARProtocol DA solution to unlock scalability opportunities for rollup developers into our ecosystem.NEAR’s Data Availability solution… pic.twitter.com/EikoFa4bVk — Prom (@prom_io) May 3, 2024 NEAR’s DA Solution Empowers Prom Ecosystem Developers NEAR’s DA…

CryptoPunks dominated the market with a daily sales volume for the second consecutive day on Wednesday. The Ethereum-based non-fungible token (NFT) collection recorded over US$1.25 million in daily sales with eight total transactions attributed to seven unique buyers and sellers each. CryptoPunks led the market despite a 25% sales drop from the day prior. Its US$1.7 million daily sales volume also led the market on Tuesday, according to CryptoSlam data. CryptoPunks’ two-day dominance was not able to keep Ethereum, its host chain, at the top of the blockchain rankings for NFT sales. Bitcoin collections collectively achieved US$6.68 million in sales…

TL;DRFull StoryAlright, time for some ‘canary in the coal mine’ data.If you don’t know what that is, it’s because we just made it up…kinda.(If nothing else, we gave it a name).Here’s what it means:Say you want to predict whether house prices are going to stay steady, go up, or go down. You could look at how many homes have been sold recently — but past/present performance doesn’t necessarily indicate future results.So you might instead look for some ‘canary in the coal mine’ data. Like, for example: how many home loans were taken out in the previous quarter (which indicates buyer…

Solana outperformed Ethereum in terms of fees paid out to validators. Usage on the Ethereum network declined, as the price of ETH fell. The popularity of the Solana [SOL] network has helped it attract a large number of users, due to which an increase in activity on the network was observed. Gas is paid Due to the rising activity on the network, the fees paid out to validators on the Solana network had grown. Ethereum [ETH] has long been the dominant player in the smart contract platform space. Solana’s rise in popularity, especially if its fees remain competitive with Ethereum’s,…

We’ve seen mash-ups of fantasy sports and NFT trading cards, but what about something with more crypto-native subject matter? Enter Fantasy Top. Built on Ethereum layer-2 network Blast, Fantasy Top takes the premise of fantasy football and other fantasy sports games, but swaps out pro athletes for crypto influencers. It’s like Crypto Twitter: The Game, and it’s more than just a surface-level riff on the social media sphere. Fantasy Top has gotten off to an electric start, dominating industry chatter while driving surging trading volume—and becoming one of the most profitable protocols or apps across all of crypto. Curious how…

Bitcoin could reach $265,000 based on network fundamentals and the Hashrate/Market Cap Ratio. Current Bitcoin trends show bearish pressure, but long-term fundamentals suggest increases. Bitcoin [BTC] sat at $61,512 at the time of writing, down by 1.4% in the past 24 hours. Despite this decline, Bitcoin remains a focal point for analysts and investors alike. Recently, Ki Young Ju, CEO of analytics firm CryptoQuant, noted that Bitcoin’s network fundamentals could support a market valuation “three times its current size.” This could potentially push the price to a staggering $265,000.  Amidst a backdrop of fluctuating prices, this analysis provides a deep…

Kwenta, a leader in the decentralized finance sector, disclosed a radical upgrade on its user interface, from V2 to V2X. The platform-wide overhaul was designed to change the Kwenta user interface experience for its flagship Optimism product. The Kwenta core group has been working on the overhaul project for some time now, intending to redesign Kwenta before the launch of the new V3 Perps mechanism later in the year. Kwenta has been crafting one of our most significant UI upgrades from the ground-up.Step in to the new v2x, a masterfully built interface for our most popular product on @Optimism.Check out…

Inco and Privy have recently joined forces to develop games on Telegram that offer enhanced privacy through a universal confidentiality layer applicable to Ethereum and other networks.One of the main aims of Inco’s partnership with Privy is to simplify the process for crypto app developers to onboard users onto their platforms. By leveraging familiar web development standards such as HTML, CSS, and JavaScript/React, developers can easily create Telegram Mini Apps that are integrated within the messaging app. This makes it easier for developers to reach the vast user base of Telegram, which boasts over 900 million users globally.Advantages of Telegram…