Author: Crypto News Live
Supercell, one of the world’s leading mobile gaming companies known for popular titles like Clash of Clans and Clash Royale, has recently made headlines with their latest investment. The company has joined forces with Games for a Living (GFAL), a crypto gaming startup, as part of a $3.2 million seed funding round.A Strategic PartnershipGFAL, co-founded by Trip Hawkins, the original founder and CEO of Electronic Arts (EA), has caught Supercell’s attention with their innovative approach to gaming. As the chief strategy officer at GFAL, Hawkins brings in his vast experience and expertise to the table. This partnership marks an exciting new chapter for both companies, with Supercell’s CEO Ilkka Paananen expressing…
Crypto analyst DonAlt has outlined a scenario where the Bitcoin price could drop to as low as the mid-$40,000. He further suggests that this price breakdown might be necessary for the continuation of BTC’s bull run. How Bitcoin Could Drop To As Low As $47,000 In an update to his Bitcoin analysis, DonAlt noted that Bitcoin had dropped back to around the $60,000 price range and could eventually break that support if it continues to be tested. From the accompanying chart he shared, the crypto analyst hinted that a price breakout below the $60,000 range would see Bitcoin drop to…
5ireChain is excited to announce its latest partnership with Openfabric AI. The platform was developed to make the creation and deployment of AI applications easier for people of all skill levels. It is a perfect fit as 5ireChain continues to work toward a more sustainable, accessible, and innovative world. We’re delighted to announce our partnership with @openfabricai , a platform that makes building and deploying AI applications effortless for everyone. This collaboration marks an important milestone on our journey to creating a more #sustainable, accessible, and innovative… pic.twitter.com/uqN6r6Ih4f — 5ireChain (@5ireChain) April 26, 2024 5ireChain Explores New AI Frontiers with…
Motoko Sentinels, a new ordinal collection that launched on the Bioniq Marketplace, saw its trading volume increase following the Bitcoin halving, despite the high trading volumes immediately following the event. Although total ordinal volume had decreased by over 58% the day following the Bitcoin halving due to high network fees, the Motoko Sentinel collection saw its trading volume increase by 20%. Kyle Langham, the director of data and analytics at DFINITY, told Blockworks that this is because the Bioniq marketplace operates on the Internet Computer Protocol (ICP). This network, which is natively integrated with Bitcoin, can maintain lower transaction costs…
The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively. According to a CryptoQuant analyst, Bitcoin’s Adjusted Spent Output Profit Ratio (aSOPR) is still looking bullish, which could be a faint signal of the crypto’s price reversing into bullish momentum. Current State Of Bitcoin As it stands, the price of Bitcoin might be on the…
The second-largest crypto token by market cap, Ethereum (ETH), finally showed some form of life as it rose to $3,300 over the weekend. This move is believed to be the beginning of a trend reversal for the crypto token, which has several bullish signals on its chart. Ethereum Has A Bullish Chart Crypto analyst Derek revealed in an X (formerly Twitter) post that the signals on Ethereum’s Moving Average Convergence/Divergence (MACD) indicator “seem to have ended the decline and changed upward direction.” He also highlighted the Ethereum Dominance chart, which has confirmed three bottoms and gave a strong rebound. The…
Mobile giant Supercell, the company behind the smash mobile games Clash of Clans and Clash Royale, has invested in crypto gaming startup Games for a Living as part of a wider $3.2 million seed funding round. Games for a Living (GFAL) was co-founded by Trip Hawkins, the original founder and CEO of video game titan Electronic Arts (EA). Acting as chief strategy officer, the startup company is developing games based around NFTs and crypto tokens. With the fresh injection of capital, the startup plans to expand its core team and accelerate its production plans. This comes after the launch of…
BTC was down by more than 5% in the last seven days. BTC’s price might plummet to 61k before turning bullish. After a sharp decline, Bitcoin [BTC] dominance started to increase in the last few days. The recent rise in Bitcoin dominance was not a result of a BTC bull rally but rather a consequence of altcoins turning bearish. Therefore, AMBCrypto checked BTC’s state to see how the rising dominance could impact the coin’s price. Bitcoin’s rising dominance amidst a price drop CoinMarketCap’s data revealed that BTC’s price dropped by more than 5% in the last seven days. This pushed…
Los Angeles – Following the success of their pioneering project Private Garden in collaboration with multi-GRAMMY-nominated artist Jack Harlow, MITH is thrilled to announce its partnership with Mysten Labs, the driving force behind the Sui blockchain. MITH, an integrated platform empowering creators to connect deeply with their communities, is poised to launch its beta on Sui in May 2024.—In collaboration with Mysten Labs, the architects of Sui Network, MITH is ushering in a new era for creators across various domains, from renowned musicians to up-and-coming artists, athletes, podcasters, gamers, bloggers, and brands. The first wave of artists selected to join…
TL;DRFull StoryThere’s a new problem being faced by Bitcoin, and it’s a symptom of the ETFs.(It’s the same reason why we’d never buy-in to them ourselves).Don’t get us wrong, we’re glad the Bitcoin ETFs exist!But because we’re individual investors, we’re free to buy and custody our own Bitcoin, without running into any regulatory/operational red tape. (Which is essentially the problem the ETFs are solving for big-dog investors).And by holding custody over our own Bitcoin, it means we can avoid the “panic room problem.”If you’ve never heard of it, that’s because we just made it up.But it’s meant to reflect a…
