Author: Crypto News Live

Like a virtual slot machine inspired by Japanese gachapon toy vending machines, “Gacha Grab” tasks players with spinning the dial to earn points and prizes, including one of eight digital Gachapons each with a different reward level. Each spin in Gacha Grab costs 100 credits and grants one Gachapon collectible. Created in collaboration with the Azuki NFT collection on Ethereum, Gacha Grab lets players earn credits for each Azuki, Elementals, or Beanz NFT they own. According to the AnimeCoin announcement, participants in the first Bonus Quest in March are eligible to receive 100 bonus credits. Gachapon rarity, AnimeCoin says, comes…

Animoca Brands has announced their plans to enter the Bitcoin ecosystem by leveraging the Opal Protocol, with the goal of developing the largest Web3 ecosystem that encompasses gaming, entertainment, DeFi, education, and culture. This move has been initiated in partnership with Darewise, a metaverse technology platform.The Opal Protocol and BLIF TokenThe Opal Protocol is a decentralized ecosystem protocol built on Bitcoin and driven by BLIF, the Opal Protocol Runes token. It aims to harmonize various domains such as finance, entertainment, education, and governance within the Web3 universe. This partnership between Animoca Brands and Darewise marks a significant step towards realizing…

Prudent Bitcoin traders might want to stay sidelined instead of bidding. A drop below the local low could send prices careening lower by close to 15%. Bitcoin [BTC] crashed by almost 10% from the local high it set earlier on 30 April. At press time, it was trading just below $58k, well outside the previous demand zone of $59.2k-$61k. Here, it’s worth pointing out that BTC crashed by over 3.5% in the last 1 hour alone. Source: BTC/USD, TradingView However, according to crypto-analyst Rekt Capital, Bitcoin is not yet out of the danger zone. The analyst compared the current Bitcoin…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If there’s one thing to count on in the blockchain world, it is the support that is never something to count on. You might also like: What does crypto’s growth mean for the future of DAOs? | Opinion While it may seem like we’re entering a bull market filled with substantial institutional investment thanks to ETFs and real-world asset (RWA) tokenization, any blockchain veteran would be correct in feeling a tinge of anxiety. After all, it’s easy…

Ethereum saw two sizeable waves of profit-taking in the past month that projected doubts about an upcoming rally. The ETH whales have added to their stash, with retail being keen to sell. Ethereum [ETH] saw a rejection from the $3360 resistance level over the weekend. This outlined short-term bearish sentiment. In other news, the latest Dencun upgrade was a success, helping L2 solutions reach low gas fees. The next target for the developers is called Prague. Even though hopeful news was breaking, on-chain metrics showed a lack of faith from market participants. The clues from the Ethereum supply distribution Source:…

MicroStrategy adds 122 BTC to its holdings, now totaling 214,400 Bitcoins. Despite negative broader Bitcoin metrics, there is a possible uptick on the horizon. In a strategic addition to its cryptocurrency reserves, MicroStrategy, the software giant turned Bitcoin [BTC] advocate, has recently expanded its portfolio. On the 30th of April, the company, under the leadership of founder Michael Saylor, disclosed the acquisition of an additional 122 Bitcoins, purchased for approximately $7.8 million.  This latest transaction elevates MicroStrategy’s total Bitcoin holdings to roughly 214,400 units. This purchase was part of MicroStrategy’s ongoing commitment to Bitcoin, which has been a central aspect…

One of the leading blockchain solutions provider, Saakuru Labs, recently revealed its business partnership with the AI-based game creator, worldwide game leader, GameGPT. The deal agreed to apply GameGPT’s most innovative AI engine to the Saakuru protocol. According to sources the partnership will result in even more development and everlasting imagination of the blockchain gaming sector. GameGPT’s AI Integration Revolutionizes Saakuru’s Developer Suite In fact, the kinship between Saakuru Labs and GameGPT will be a game-changer for the development and release of high-caliber blockchain games. With their robust AI engine, Saakuru’s developers will benefit from rapid deployment of games and…

Data shows Binance’s NFT marketplace wasn’t really a popular destination for Ordinals anyway — with traders now fixated on Runes instead. Binance’s decision to scrap support for Ordinals in April raised eyebrows among Bitcoin enthusiasts. The embattled exchange, which has been fighting legal battles on multiple fronts in recent months, said the move was designed to “streamline” its product offering. It went on to warn anyone who holds Bitcoin NFTs to move them somewhere else so they could continue to be eligible for airdrops. This marks quite a sudden U-turn from Binance, which is the biggest crypto platform in terms…

The Newconomics events organization has launched a new podcast, offering an in-depth look at the rapidly evolving world of blockchain, crypto, and the emerging web3 landscape. The Newconomics Podcast, hosted by Megan Carnegie and Hervé Larren, promises to deliver bi-weekly episodes that explore the future of technology and its real-world implications.Megan Carnegie, a writer, editor, and contributor for publications such as Wired, Courier Media, and the BBC, brings her expertise in blending culture, lifestyle, and the changing nature of work and consumption to the podcast.Hervé Larren, the founder and CEO of Airvey.oi, a web3 advisory firm, offers his unique perspective…

ETH was down 3.2% in the 24-hour period at press time. Derivatives market has been bearish on the coin for the last 2-3 days. World’s second-largest cryptocurrency Ethereum [ETH] trended lower since the listing of first-ever crypto spot exchange-traded funds (ETFs) in Hong Kong. According to CoinMarketCap, ETH rose to $3,250 shortly before the funds started trading on the Hong Kong Stock Exchange (HKEX) – the city’s bourse. However, the stiff resistance pushed the digital currency back, causing it to fall to $3,020 as of this writing, a 3.2% drop in the 24-hour period. Well-known technical analyst and trader Ali…