Author: Crypto News Live
Decentralized Physical Infrastructure (DePIN) project MapMetrics will leave the Solana ecosystem and migrate to peaq, a layer-1 solution designed specifically for DePIN and Machine real-world assets (RWAs). MapMetrics is a drive-to-earn project that rewards users with tokens and NFTs for providing anonymous live traffic and map data. Similar to DePIN project Hivemapper, the team hopes to create a decentralized global map using Web3 technology. Read more: ‘Drive-to-earn’ app aims to bootstrap ‘dynamic maps’ with crypto rewards Brent van der Heiden, co-founder at MapMetrics, told Blockworks that the decision was made as peaq offered a variety of modular DePin functionality. “Peaq…
The following is a guest post by Nischal Shetty, co-founder and President at Shardeum.The bull market has shown signs of its arrival as the ecosystem looks forward to a market revival, which has been awaited for two years. In Web3, bear markets are generally considered the best time to build so that the products can withstand all adverse conditions and still learn to thrive and scale. However, sentiment plays an important role in crypto, meaning builders/consumers are far more optimistic about products when the market is up. New builders will be more encouraged to build something from scratch amidst the…
A bull flag recently formed on the Bitcoin chart, raising the possibility of a trend reversal soon enough as the flagship crypto makes significant moves to the upside. This crypto analyst suggests that the crypto could rise to as high as $100,000 when it makes that move. Bitcoin’s Bull Flag Suggests More Upside Denis Baca, Head of Product at Zivoe Finance, noted that the bull flag formation on Bitcoin’s daily chart historically suggests that the crypto token is primed for more upsides. He added that the bullish pattern is “shaping up nicely” and that Bitcoin could potentially shoot up towards…
Resistance at $3,353 could force ETH to decline to $3,120. In the midterm, the price might fail to surpass $4,000. Ethereum’s [ETH] rise to $3,300 on the 28th of April returned optimism to the market. However, according to AMBCrypto’s analysis, the joy market participants might have had could be momentary. One reason for this prediction could be linked to a recent transaction. In the early hours of the same day, a participant sent 14,999 ETH to the Coinbase exchange. While we have not been able to track who the exact culprit was, the transfer could affect ETH’s price. This is…
In a significant boost to the blockchain gaming landscape, the Starknet Foundation has unveiled its groundbreaking Propulsion Pilot Program. This initiative is specifically designed to support game developers by offsetting the burdensome network fees associated with running games on the blockchain. As the gaming industry grapples with monetization challenges, this program promises to be a game-changer by facilitating smoother operations and promoting extensive growth within the Starknet ecosystem. Announcing the Starknet propulsion program!The Starknet foundation is proud to announce the Starknet propulsion program, a first of its kind initiative aimed at supporting established teams in launching games on Starknet and…
Bitcoin ETF flows have dropped heavily since the beginning of the week. Liquidity inventory ratio rose, meaning supply could support demand for long. Bitcoin [BTC] has exhibited sideways movement over the last ten days, wobbling in the range between $61,ooo to $65,000, data from CoinMarketCap showed. Even the recent halving failed to exert a decisive upward thrust to its trajectory. ETF demand stagnating? Julio Moreno, Head of Research at on-chain analytics firm CryptoQuant, attributed this in part to diminishing inflows to U.S. spot ETFs. Indeed, net outflows of $217 million were recorded as on the 25th of April, and the…
TL;DRStacks, the Bitcoin L2, can now process faster transactions and push all settlements to the BTC L1 (pretty much exactly the same method ETH is using to scale).Full StoryIs it just us or does it feel like Bitcoin is trying to become the new Ethereum?Yesterday we covered BTC’s adoption of one of ETH’s key features (token creation) — and not 24hrs later, we’re covering another feature yoink.Stacks, the Bitcoin layer 2, just went through its Nakamoto upgrade, enabling it to process faster transactions and push all settlements to the BTC layer 1.(Ooops! We made a word salad!)Here’s what that all…
Following a pullback, the price of Bitcoin has continued on its downward movement. The coin, after failing to break above the 100-day Simple Moving Average (SMA) and the trend line has experienced a drop of over 6% from its previous high. Will the price of BTC continue to move in a downward direction or will it reverse and start moving in an upward direction? As of the time of writing, the price of BTC was trading around $62,972 which is about 28% down from its all-time high and was down by 1.27% in the last 24 hours. Although the price…
The Solana-powered Neon EVM and Web3 data lake and query engine Subsquid have announced an upcoming collaboration that will make it simpler for dApp developers to access the on-chain data of Neon EVM. The collaboration is the first phase of Subsquid’s much anticipated Solana blockchain expansion. Subsquid is a cutting-edge query engine and decentralized data lake designed with scalability and usefulness in mind. A safe substitute for centralized infrastructure companies such as API providers is offered by Subsquid. Its partners include Manta Network, Parity, and Enjin. It provides blockchain indexing, app development, and analytics. With Neon EVM’s assistance, the network…
AI trading platforms are extremely useful for streamlining research and investment processes. Some platforms provide AI-powered insights and predictions, whereas others provide automated trading services. As experienced traders, we recognize the value of having powerful tools at our disposal. For this reason, we set out to find the best AI trading platforms, beginning with ValueZone, our top pick. ValueZone is renowned for its remarkable features, but that is just the start. We will look at the top 10 AI trading platforms for 2024 in this guide. Continue reading to learn which AI-powered platforms can take your trading skills to new heights. 10…
