Author: Crypto News Live

“Xai is built to enable open trade in the next generation of video games,” the official site says. In its quest to do so, the network aims to reduce fees, offer account abstraction to hide some of those pesky blockchain elements, and empower game creators in the process. The layer-3 blockchain is developed in part by Offchain Labs, the original creator and primary developer behind the Ethereum layer-2 Arbitrum network that Xai is built on top of. And Xai is getting help from game developer Ex Populus, which will deploy the first games planned to launch on the network in…

Ethereum withdraws from centralized exchanges have ramped up over the last week, suggesting a direction for investor sentiment during this time. Given the sheer volume of ETH withdrawn from these exchanges, it is prudent to try to understand what this could mean for the crypto’s price. 260,000 ETH Leaves Exchanges Amid the uncertainty that has plagued the crypto market, Ethereum investors are making moves to secure their positions for better price prospects. Pseudonymous crypto technical analyst Titan of Crypto took to X (formerly Twitter) to share what Ethereum investors are doing about their holdings right. Related Reading: Bitcoin Bears Risk…

Most of the bets predicted a bullish close for BTC and ETH. ETH might drop below the max pain point while BTC might end the week above it. More than 96,000 option contracts of Bitcoin [BTC] and 978,000 for Ethereum [ETH] are set to expire on Friday, 26th April. According to derivatives exchange Deribit, the BTC contracts were valued at $6.2 billion while ETH contracts were worth $3.1 billion, bringing the total to a mind-blowing $9.3 billion. With options, traders can purchase contracts that allow them to buy or sell a cryptocurrency at a predetermined price. As options near expiry,…

The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows recorded on April 26. This poor run has had far-reaching effects on the broader crypto market as Bitcoin’s price has succumbed to unfavorable market conditions.  Spot Bitcoin ETFS Record $217 Million Of Outflows Farside Investors revealed in an X (formerly Twitter) post that the Spot Bitcoin ETFs recorded $217 million of net outflows on April 25, one of their largest this month. Grayscale’s Bitcoin Trust (GBTC) accounted for most of these outflows, with investors moving $139.4…

Investing in growth stocks can be a lucrative strategy for building wealth over time. These stocks are known for their ability to outperform the market and generate significant returns for investors. However, not all growth stocks are created equal, and it’s important to do your research before making any investment decisions. If you are considering investing in growth stocks in 2024, it’s essential to identify companies with strong growth potential and a solid track record. In this article, we will discuss some of the best growth stocks to buy in 2024 and why they could be promising investments for the…

Art de Finance has presented the release of its Incentivized Testnet for the Artists Launchpad. It is a brand new method for the users to self-curate its artists to seed, this would be the most decentralized gallery platform in the universe. They gear towards a never-ending dynamic cycle in the blockchain realm that connects artists, galleries, and collectors concretely. 🎉 Incentive Artist Launchpad Testnet is live! (1) Go to the guide: https://t.co/FChdyI1iEl(2) Testnet: https://t.co/E3dYdFwEe7(3) ADF Testnet Faucet: https://t.co/8W1IuEmcCB⏰ Period: 24 April — 1 May🤑 Prize Pool: Total 10,000 ADF#Testnet #Airdrops #Launchpad pic.twitter.com/okwsIYevY7 — Art de Finance | Digital Renaissance with…

As it prepares for an upcoming Bitcoin Runes airdrop for holders, longtime Ethereum NFT project CyberKongz is gearing up to reward its Prometheans Ordinals holders—while also aiming to attract and onboard a new audience from ETH to Bitcoin. Launched ahead of the Runes token protocol, CyberKongz’ recent Ordinals collection has generated ample hype ahead of the promised token drop to holders. And this week’s launch of the Runes token DOG•GO•TO•THE•MOON suggests a potential trajectory for the rollout. Holders of Runestone Ordinals assets received an airdrop of the Runes meme coin DOG•GO•TO•THE•MOON on Wednesday. DOG quickly notched nearly twice the volume…

TL;DRFull StoryBIG NEWS! Stripe is bringing back crypto payments!If you’ve ever bought anything on the internet, chances are you’ve used Stripe’s services, without even knowing about it. They’re the company, that other companies use, to power their payment processing.(With over $1 Trillion (with a T) worth of transactions completed in 2023 alone).The forward-thinking founders, the Collison brothers, are no stranger to crypto. Coinbase previously allowed merchants to receive payments in BTC, until they axed that offering in 2018 due to Bitcoin’s volatility. But a lot has changed in crypto since then. The number of stablecoin transactions has grown exponentially and…

Cynicism around Ethereum grew on social media due to the expectation of the rejection of Ethereum’s spot ETF. Price movement of ETH remained stable, and velocity and network growth remained the same. Ethereum [ETH] has been struggling around the $3,100 to $3,200 mark over the last few weeks after its recent crash. Word on the street Despite these factors social activity around Ethereum grew, but not all of it comprised of positive discussions. Santiment’s data indicated that traders were focusing on recent reports which suggested that the SEC may reject proposals for spot Ethereum ETFs in May. Much of the…

MetalCore, an upcoming mech shooter built on Ethereum gaming network Immutable zkEVM, has announced a collaboration with the Mon Protocol associated with fellow Immutable game Pixelmon, with plans to integrate in-game quests that let players earn MON token rewards. As part of the collaboration, MetalCore players will be able to complete special quests to earn MON tokens, the default currency used to buy and sell digital in-game assets on Mon Protocol’s mission platform. MetalCore is currently in closed beta, with an open beta launch previously targeted for May. A representative for MetalCore developer Studio369 could not confirm when the MON-earning…