Author: Crypto News Live
ETH saw the biggest 2-day stretch of network expansion since October 2022. The addresses holding between 0 and 0.1 units of ETH increased significantly. Ethereum [ETH] continued to fall freely, sinking below $3,000 in the last 24 hours following a 3% drop, data from CoinMarketCap showed. The second-largest cryptocurrency was trading at $2,914 at press time, reflecting a 13.34% discount over the month. The negative price action, however, did not appear to limit demand for the asset. Unfazed users continue to snap ETH According to on-chain analytics firm Santiment, Ethereum saw a sharp increase in new users joining the network.…
Analysts predict peak cycle for Bitcoin and Ethereum amid regulatory uncertainty. Regulatory debates and SEC allegations intensify negative sentiment toward Ethereum. As Bitcoin [BTC], the leading cryptocurrency, dips below the $60,000 threshold, analysts suggest that BTC may have reached its peak for this cycle. Ethereum [ETH] seems to be mirroring the movements of Bitcoin, as both cryptocurrencies are currently experiencing a downward trend. Commenting on the uniqueness of this crypto cycle, crypto veteran Alex Krüger said, “The crypto cycle has been almost entirely driven by the bitcoin ETF.” He further added, “ETH has been a major disappointment, but it has…
Alephium, a notable player in the Layer 1 blockchain sector, has officially integrated with Mises Browser, enhancing user access to its native wallet features. Blockflow DAO, Alephium’s first community-driven decentralised autonomous organisation, has facilitated this integration. Thanks @Blockflow_DAO!Welcome @Mises001! https://t.co/OZEnxrMZnp — Alephium (@alephium) April 30, 2024 Alephium stands out by avoiding typical compromises in the blockchain industry, providing a combination of scalability, expressivity, robust security, and decentralization. This approach ensures that Alephium users enjoy a high-performing network without sacrificing user experience or safety. A Look at Mises Browser The Mises Browser is recognized as the world’s first fast, secure, and…
TL;DRFull Story“It’s pretty clear that Bitcoin is the only crypto asset that’s going to be approved for sale in the form of a spot ETF in the United States.”They’re the words we heard from MicroStrategy (MSTR) founder and Executive Chairman, Michael Saylor, yesterday during their quarterly earnings call.That statement may end up being true; but it also needs to be taken with a big ol’ grain of salt.Why? Well, did we mention that MSTR holds 214,400 BTC? That’s ~$13B USD worth at today’s prices. But regardless of any bag-bias, Saylor might end up being correct…Bitcoin is the original cryptocurrency -…
In the face of a general market decline and pessimism, Captain Faibik, a cryptocurrency expert and enthusiast, has emerged with an optimistic outlook for Bitcoin (BTC) foreseeable future trajectory, predicting that the crypto asset could rise to a new all-time high before this current month closes. Bitcoin To Reach New All-Time High In May Faibik’s analysis, which is based on his in-depth knowledge of cryptocurrency dynamics and a sharp eye for market trends, explores the possibility of a large short-term rise in Bitcoin. According to the analyst, Bitcoin is at a key junction currently testing the daily Moving Average 100…
Siddharth Lalwani is on a mission to redefine the blockchain ecosystem with Skate, a universal application layer integrated with EigenLayer that enables apps to run seamlessly across thousands of chains with a single, unified state. As the Co-Founder and CEO of Range Protocol, the company behind Skate, Siddharth brings deep expertise in web3 infrastructure and DeFi from his experience at leading firms like Altonomy, Point72, Bybit, Certik, and Citigroup.In this exclusive interview, Siddharth shares his vision for solving the challenges of application fragmentation and liquidity silos that plague the current multi-chain landscape. He explains how Skate’s innovative approach of embedding…
US Fed left interest rate unchanged again, citing “lack of further progress” on 2% inflation target. BTC remains under pressure despite a modest flip after the Fed meeting. Bitcoin [BTC] eased its two-day bleeding streak after the Fed meeting. As expected, the US Federal Reserve left interest rates unchanged on 1st May. This marks the sixth Fed meeting at which the agency kept the rate at 5.25% – 5.50%. However, the Fed noted that rate cuts are not appropriate until there is greater confidence that inflation is heading to 2%. Part of the Fed’s policy statement read, “In recent months,…
A recent legal battle involving these digital assets has brought attention to the potential conflicts between NFTs and trademark laws. In this article, we will dive into the controversy surrounding Mason Rothschild’s MetaBirkin NFTs and explore the latest developments in the case.The Case of MetaBirkins NFTsIn 2020, luxury fashion house Hermes filed a lawsuit against artist Sonny Estival, who goes by the name Mason Rothschild, for trademark infringement. Rothschild’s MetaBirkins NFTs featured digital designs of faux-fur Birkin bags, which Hermes argued confused consumers and diluted their brand identity. The case gained attention as it was one of the first instances…
Co-founder and Chief Executive Officer (CEO) of Real Vision, Raoul Pal has shed light on the current market state and the future outlook of Bitcoin, the world’s largest cryptocurrency. Despite the cryptocurrency witnessing declines of more than 15%, the financial expert has uncovered a significant pattern that indicates a potential bull flag following Bitcoin’s price correction. Crypto Expert Unveils “Banana Zone” Rally For Bitcoin In an X (formerly Twitter) post published on Tuesday, April 28, Pal shared a yearly chart depicting Bitcoin’s price movements from October 2023 to April 2024. At the time of writing, Bitcoin’s price is trading below…
AltLayer, a decentralized protocol that uses ZK technology to launch restaked and native rollups, has started a collaboration with Polyhedra. As per it, the partnership takes into account the integration of the zkBridge features of Polyhedra to enrich the secure and trustless cross-chain interoperability. In its recent post on X, the platform disclosed that AltLayer will work in the form of a node operator. Good News! AltLayer’s rollups will be integrated with @PolyhedraZK’s zkBridge features – enriching trustless & secure cross-chain interoperability across 30+ L1/ L2 networks, & enabling devs to build more sophisticated dApps 🚀https://t.co/BcnLK30nUx pic.twitter.com/NlpPEcYCZ1 — AltLayer (@alt_layer)…
