Author: Crypto News Live

Bitcoin (BTC) has experienced a price slowdown, having recently recovered above $60,000. This tepid price movement is believed to be due to a couple of factors, including the reduced demand for the Spot Bitcoin ETFs.  Spot Bitcoin ETFs Have Lost Their Spark The Spot Bitcoin ETFs recorded billions of dollars in net inflows in the first three months of launch. This contributed to the significant rally that Bitcoin recorded right around when the funds were approved, with the flagship crypto rising to a new all-time high (ATH) in March. However, demand for these funds has declined since the start of…

Eclipse pioneers the first Neon Stack integration, bringing EVM (Ethereum Virtual Machine) compatibility to SVM (Solana Virtual Machine) networks.—Eclipse, driven by the vision of blending Ethereum and Solana’s strengths, aims to redefine the blockchain landscape. By incorporating SVM capabilities, Eclipse seeks to harness Solana’s high transaction throughput within Ethereum’s ecosystem.At the heart of this transformative endeavor lies Neon Stack—a battle-tested technology suite developed by the core Neon EVM team. Neon Stack standardizes development processes, facilitating seamless EVM compatibility for smart contract developers on SVM-based blockchain networks, as envisaged by Eclipse for its SVM L2.Neon Stack, comprising Neon EVM smart contracts…

Solana is quickly catching up to Ethereum on the fees front.  However, the Ethereum ecosystem still commands investors’ trust.  The Solana [SOL] vs. Ethereum [ETH] debate resurfaced again on Crypto Twitter following reports that the former could soon flip the latter on the fees front.  According to on-chain analyst Dan Smith, Solana was quickly closing in on Ethereum on transaction fees. Smith claimed that, “Solana will flip Ethereum in transaction fees + captured MEV this month, maybe even this week”  Transaction fees refer to charges linked to network activity, while MEV means validators’ highest value derived by maximizing block production…

Crypto Twitter’s new favorite game, Fantasy Top, just paid out $1.25 million worth of Ethereum to top influencers that it turned into NFT trading cards for the fantasy football-esque experience. After launching on Ethereum scaling network Blast a week ago, the game—which allows players to create card lineups of their favorite Twitter (aka X) influencers, and earn rewards based on those influencers’ respective social engagement—took crypto by storm. The in-game “heroes” turned into cards include meme coin trader Ansem, DeGods creator Frank, and even Su Zhu—the co-founder of collapsed crypto hedge fund Three Arrows Capital. (Disclosure: Rug Radio co-founder Farokh…

Heroes of Mavia, a popular mobile real-time strategy game, has introduced the Ruby Marketplace. This new feature allows players to trade and mint NFT skins directly within the game using $RUBY tokens. With plans to expand to a web-based platform in the future, the Ruby Marketplace is currently accessible only through the game on mobile devices. In order to access the Ruby Marketplace, players must first upgrade their HQ building to level 4. This serves as an incentive for players to continue playing and progressing in the game. By unlocking this feature through gameplay, players are actively engaged and motivated to level up their HQ building.The…

Ethereum has recorded low capital inflows since January compared to Bitcoin. ETH’s long-term holders continue to wait for a new all-time high. Leading altcoin Ethereum [ETH] has underperformed compared to Bitcoin [BTC] since January, Glassnode found in a new report.  According to the on-chain data provider, while BTC, aided in part by the US spot exchange-traded funds (ETF), has seen significant capital inflows since the beginning of the year, ETH has recorded a decline in trading activity.  ETH remains in BTC’s shadows Following the approval of spot Bitcoin ETFs on the 10th of January, Glassnode data shows a significant divergence…

Financial technology has been an incredible growth sector for investors and innovators. But relatively soon, blockchain will become the only part of fintech that matters. The success story of fintech over the past 15 years has been defined by tremendous developments on the part of electronic and online payments systems, with companies like PayPal, Venmo and Stripe becoming household brands. (Not to mention the evolution of monoliths like American Express, Visa and Mastercard.) Only three years ago, venture funding for fintech companies topped $140 billion. But since then, investment in the sector, particularly in early-stage rounds, has dwindled to levels…

A Bitcoin “epic satoshi,” or a particularly rare version of the smallest denomination of BTC, was sold for 33.3 BTC in April—around $2.1 million at the time. Now it has been used to inscribe an Ordinals asset with music and the AI-generated voice of Canadian electronic pop artist Grimes (aka Claire Boucher). An “epic satoshi,” or “epic sat,” is an extremely rare satoshi—that is, 1/100,000,000 of a BTC—that is generated during each Bitcoin halving. The quadrennial event cuts the amount of Bitcoin earned by miners (who support the network) in half. And those epic sats are said to be particularly…

TL;DRFull StoryNot sure if you know this, but…Coding is hard.If you’re like us, you’ve tried your hand at coding with ChatGPT (to mild success). Sometimes it works, sometimes it doesn’t — and unless you actually know how to code, you won’t really know until it’s out in the world being tested.Which is fine when you’re making a web3 focused AI chatbot…But when it comes to coding smart contracts (aka pieces of code that will automatically send cryptocurrency on your behalf if certain requirements are met) — trial and error isn’t a luxury you have.Because a bug in a smart contract…

Ethereum, the world’s second-largest cryptocurrency by market cap, finds itself in a curious position. While the price struggles for direction, its underlying network is experiencing a surge in activity. Ethereum Network Sees Increase In New Users According to crypto data firm Santiment, May 4th saw a whopping 200,000 new Ethereum addresses created, marking the highest single-day growth in nearly two years. This surge suggests a renewed interest in the Ethereum ecosystem, potentially driven by factors like the burgeoning Decentralized Finance (DeFi) space and the ever-evolving world of Non-Fungible Tokens (NFTs). 📈 #Ethereum rebounded back above $3,200 this weekend, and saw…