Author: Crypto News Live

The percentage of BTC supply in profit has declined by 15% since 5 March Coin’s Age Consumed and Network Realized Profit/Loss metrics refuted claims of a price bottom The percentage of Bitcoin [BTC] supply in profit has dropped to a two-month low of 84.4%, according to Santiment’s latest update on X (Formerly known as Twitter).  In fact, according to the on-chain data provider, figures for the same rallied to a year-to-date peak of 99.93% on 5 March. However, it has since fallen on the charts.  Source: Santiment When this ratio declines in this manner, it means that an increasing portion…

Fuse Network has partnered with Liquify to bolster its infrastructure with high-end Remote Procedure Call (RPC) support. This collaboration marks a pivotal evolution in Fuse’s commitment to providing robust and seamless blockchain solutions. A Strategic Alliance for Enhanced Performance Fuse Network, known for its innovative approach to blockchain solutions, has long been at the forefront of offering businesses and developers essential tools for integrating web3 payments into their applications. Launched in 2019, Fuse aims to simplify and enhance the functionality of web3 integrations, ensuring that businesses can easily adopt and utilize these technologies. In the latest development, Fuse has taken…

MilkyBull, a well-known personality in the world of cryptocurrency analysis, has drawn attention lately for his analysis of Bitcoin’s price trajectory and his prediction of a situation that might cause more fear in the market. MilkyBull’s analysis delves into the subtleties of Bitcoin’s movement, identifying patterns and trends that could have a big impact on investor mood.  Bitcoin Triggering Anxiety In The Market According to the analyst, the market will get even more fearful of the Bitcoin price path before it bottoms out and continues to rise. The analyst claimed that because of the current price of BTC, Blackrock iShares…

The decentralized finance (DeFi) sector has been evolving, with Real World Assets (RWAs) gaining traction. DeFiLlama reports that RWAs now hold a trading value of $6.08 billion, ranking as the eighth-largest sector in DeFi. In this context, the Solana blockchain welcomes a new project—DigiCask. This initiative seeks to transform the whisky market by tokenizing traditional assets for digital marketplaces.DigiCask: Pioneering Whisky Tokenization on Solana BlockchainReal World Assets (RWAs), including real estate and commodities like whisky, are increasingly being brought into the digital world. This shift increases liquidity and improves transparency and accessibility for investors. DigiCask is a project on the Solana blockchain that focuses on tokenizing whisky casks.…

Ethereum’s price appreciated by more than 2.5% in the last 24 hours  Most metrics and market indicators looked bullish on ETH’s charts As market sentiment changed over the last few hours, Ethereum [ETH] benefited from the same as its daily chart turned green. However, the latest uptick might just be the beginning of a massive rally, especially since the king of altcoins’ price is now moving inside a bullish pattern.  Ethereum’s bullish move The last 7 days weren’t in the investors’ best interests as ETH’s price dropped by over 5%. However, as the market trend changed, ETH also managed to…

At the recently concluded Token2049 blockchain conference in Dubai, a partnership was announced between MixMarvel and Yeeha Games. This collaboration gave rise to Galaxy Girl Interactive (GGI), a venture that aims to revolutionize Web3 gaming in Asia and beyond. With its AI-powered ecosystem and commitment to diversity and innovation, GGI is poised to significantly impact the gaming industry.Bridging Worlds: The Origin of Galaxy Girl InteractiveAccording to the announcement, GGI represents a shift in the traditionally male-dominated gaming industry. Named after its all-female founding team, GGI seeks to bridge the gap between conventional Web2 and decentralized Web3 technologies.MixMarvel boasts a diverse…

BTC and ETH traded below their maximum pain points, suggesting that traders might face severe losses Implied Volatility dropped, implying a lack of bullish expectations going forward Bitcoin [BTC] and Ethereum [ETH] options contracts worth about $2.3 billion are set to expire on Friday, 3 May. According to Deribit Exchange, the Bitcoin options are valued at $1.35 billion. ETH contracts, on the other hand, are worth $990 million. The value of these contracts seems to be lower than the figure AMBCrypto reported last week – $9.3 billion. The decline could be attributed to the price action of both cryptocurrencies. For…

PowerPod partners with Streamr marks a significant milestone in the quest for a greener and more interconnected electric vehicle (EV) travel network. By joining hands, they are working towards building solutions that streamline EV charging processes. In addition to this, it will enhance data sharing, and promote decentralized access to electric vehicle infrastructure. ⚡️Exciting times ahead for all⚡️ Our partnership with @Streamr is a big step towards a greener, more interconnected EV travel network. 🌿 We have started building solutions together for;🚗 Real-time data sharing across the PowerPod Network🗣️PowerPod node communication,… https://t.co/HKdxJMUDz8 — PowerPod (@PowerPod_People) May 1, 2024 PowerPod and…

NodeMonkes surged to the top of the non-fungible token (NFT) market on Thursday with over US$1.62 million in sales. The sales spike on Thursday pushed NodeMonkes’ all-time sales volume to US$210.72 million, as it flipped $SATS BRC-20 NFTs to become the top Bitcoin collection. NodeMonkes also snapped a six-day streak of under US$1 million in sales after recording US$934,294 the day before, CryptoSlam data shows. The second-highest performing collection of the day is CryptoPunks, with a daily sales volume of US$1.33 million, a 488% leap from the day before. CryptoPunks’ all-time sales volume now stands at an impressive US$2.82 billion…

Stash was received during ETH’s ICO at 31 cents per token Investor would lock a humongous 950719% in profits if they decide to sell In what was a development that caught the eye of the broader cryptocurrency market, an Ethereum [ETH] holder woke up after nearly 9 years of dormancy to transfer their entire holdings to another wallet on Thursday. Old ETH on the move According to on-chain data tracking platform Lookonchain, an early investor who received 1,969 ETH during Ethereum’s initial coin offering (ICO) was seen moving 1,960 ETH. The transferred supply was worth $5.8 million at prevailing market…