Author: Crypto News Live

Animoca Brands, a leading player in digital property rights across Gaming and the metaverse, has joined forces with Saakuru Labs, an innovative company known for its gasless L2 Saakuru Protocol. This partnership aims to drive forward the adoption of blockchain technology in Web3 gaming and provide more accessible, efficient, and engaging experiences for players in Southeast Asia.Enhancing Gaming with Gasless TechnologyAnimoca Brands and Saakuru Labs are collaborating to integrate select games from Animoca’s portfolio into Saakuru’s gasless protocol. This will allow for on-chain gameplay without the burden of transaction fees or delays, setting new standards for speed and accessibility in Gaming.The partnership…

Cryptocurrency analyst Rekt Capital has come up with an intriguing narrative pointing to several trends in the current price action of Bitcoin that are similar to the price trends seen in the 2016 bull cycle, even as market sentiments continue to dwindle.  Bitcoin Trends Reiterating 2016 Pattern According to Rekt Capital, more than a month after the initial analysis, Bitcoin keeps demonstrating how much it closely resembles the cycle of 2016. Similar to 2016, Bitcoin has experienced further declines over the past three weeks following the Halving below the Range Low of its Re-Accumulation Range also known as the Post-Halving…

Investors can now buy diamonds, which have always been popular and desirable due to the available technology. Despite the long-standing recognition of diamonds as a symbol of wealth and security, the demand for these valuable gems typically necessitates specific skills and funding. The winding road toward investment in diamond trading was expensive. Although standardized diamonds are increasingly considered a viable investment option worth approximately $1.2 trillion globally, they only constitute nearly 1% of the diamond market due to some specific barriers and complexities. Once the company sees the depth of the opportunity here, Diamond Standard becomes the game changer, making…

The world has significantly improved since crypto made its way to the table. Undoubtedly, through crypto, NFTs (Non-Fungible Tokens), blockchain technology, and the Web3 universe, users will experience many new things that will change how we look at and use the online space. And if you are passionate about NFTs but don’t always feel that it is profitable to buy them, we’ve prepared some NFT airdrops and NFT giveaways for April that might catch your attention. Ethereum NFT Drops 1. Neura Core Sale time: May 1, 2024 – May 8, 2024 Neura Core is an NFT collection consisting of 32…

The rise of Web3 has opened up new possibilities for creativity and innovation. Among its pioneers is Imaginary Ones, a blockchain-based platform that merges art, storytelling, and community engagement. With their recent milestone of 2 million downloads for their mobile game Bubble Rangers, Imaginary Ones is making waves in Web3 entertainment.Foundation in Art and TechnologyAt the core of Imaginary Ones’ approach is their collection of 8,888 unique animated 3D NFT characters. These characters serve as digital assets and embody themes of love, positivity, and creativity. Moreover, through these characters, they are building a diverse and dynamic Web3 ecosystem beyond traditional…

Stablecoins are set to be “mainstream,” per Bitwise exec.  Exec suggests Ethereum, Solana as starting points for stablecoins investments. Asset manager Bitwise sees the booming $159.5 billion stablecoin market as another crypto frontier worth investors’ attention. In Q1 2024 alone, Tether [USDT], the leading stablecoin issuer by market cap, netted a record $4.5 billion in profits. How can others benefit from the subsector if they are not stablecoin issuers?   Per Bitwise, looking at the concentration of stablecoins is the key. In a memo to investment professionals, Bitwise CIO Matt Hougan noted that,  “You can’t expect appreciation from holding stablecoins directly—after…

In a bid to remain relevant to its customers, STEPN, the well-known workout app that rewards people for remaining active, has joined forces with Illuvium, a virtual game world. Through this partnership, an inexperienced combination of active parts and gaming content will be presented in a revolutionary manner. In this partnership, which STEPN and Illuvium are organizing, Raffle Mint is a special event where winners are rewarded with fun co-branded STEPN x Illuvium sneakers. These footwear designs combine the famous characters of the Illuvials to attract not only the video game world but also health enthusiasts and fitness-competitive individuals. This…

SEC’s crypto involvement raises questions about partisan regulation in upcoming elections. Darius Dale expects Biden-aligned policies in budget deficit financing. Apart from the Bitcoin [BTC] halving, the US 2024 election stands as one of the most anticipated events of this year. Despite remarkable progress within the crypto industry under President Joe Biden’s administration, regulatory challenges persist.  Notably, the Securities and Exchange Commission’s (SEC) increased involvement in the crypto sphere prompts speculation: Will the widening partisan gap in crypto regulation influence the approach taken in the 2024 elections? Senator Lummis criticizes DOJ’s Bitcoin stance Amidst these looming concerns, U.S. Senator Cynthia…

SSV.Network, the trailblazing decentralization project, announces its partnership with Ether.Fi. The partnership with Ether.Fi is a revolutionary advancement for the entire staking system as SSV’s Distributed Validator Technology will be injected into the latter’s platform, allowing stakers to experience decentralization and trust at new heights. SSV and Ether.Fi Boost Total Value Locked (TVL) to $2 Billion The new SSV’s DVT integration will add much-needed user diversification and fault findings capability to Ehter.Fi restaking platform. The integration opens new capabilities for ETH security, as Ether.Fi now has access to the high TT NOS tuned nodes from SSV’s world network. The collaboration…

The recent plummet in Bitcoin’s value below the $60,000 mark has sparked widespread speculation within the crypto community, raising questions among investors and market watchers about the future direction of its price. Marco Johanning, a well-known crypto analyst and founder of The Summit Club, took to X (formerly Twitter) to provide his insights on the current market conditions and what might be expected next. According to Johanning, the recent price action does not signify a market downturn but rather a correction within an ongoing bull market. He emphasizes, “Bitcoin lost the range. What now? First and foremost, a reminder: we…