Author: Crypto News Live

Bitcoin’s price continued to fall in the hour immediately following the pivotal event. The gap between Bitcoin’s supply and demand is expected to widen further After much anticipation, Bitcoin finally completed its 4th halving in the early hours of 20 April GMT. Owing to the halving, mining rewards have now fallen to 3.12 BTC from 6.25 BTC. The once-in-4-years event, Bitcoin [BTC] underwent its halving when the 840,000th block was added to Bitcoin’s blockchain. As expected, much volatility has been the norm on Bitcoin’s price charts over the past few weeks in light of the halving. At the time of…

As the Web3 space becomes increasingly saturated with thousands of games and decentralized apps vying for user attention, the challenge of fostering community growth has never been more competitive. Addressing this, Wobbl3 is stepping up with its innovative viral growth solutions built on top of NFTs and tokens on the Enjin Blockchain. Wobbl3 offers no-code solutions that empower projects to incentivize their communities through valuable rewards for promoting, creating content, and referring new users. With advanced analytics, projects can effortlessly track performance and reward key community leaders in real time. Wobbl3’s formal entry into the Enjin Ecosystem marks a new…

Crypto-analyst bets SOL could hit $1k and outshine ETH in this cycle ETH proponent believes the altcoin could climb as high as $10k  Crypto-Twitter is back on the Solana [SOL] vs. Ethereum [ETH] debate again. So, which token will emerge as this cycle’s best performer? Well, as expected, both the Solana and Ethereum camps feel they’ll emerge to be top.  If the last 24 hours are taken into account, it would seem that SOL has a headstart of sorts. While SOL hiked by 9.5% and climbed back above $140 on the charts, ETH appreciated by a mere 3%, according to CoinMarketCap. …

In a recent announcement, Radiant Capital, a leading decentralized finance (DeFi) platform, has successfully upgraded its BNB Chain subgraphs to The Graph’s Decentralized Network. This upgrade marks a significant step towards greater autonomy and rapid data access, enhancing the user experience on the Radiant platform while ensuring data security through The Graph Network. As the Sunrise of Decentralized Data approaches, Radiant has successfully upgraded @BNBCHAIN subgraphs to the @graphprotocol’s Decentralized Network.This upgrade enables greater autonomy along with rapid access to data powering the Radiant experience, secured by The Graph… pic.twitter.com/cpWhUAVjNf — Radiant Capital (@RDNTCapital) April 17, 2024 Radiant Capital aims…

Bitcoin holders have again reaffirmed their faith in the flagship crypto despite its recent price declines. This follows recent data showing that Bitcoin accumulation addresses recorded a new all-time high (ATH) amidst the current market downward trend.  Accumulation Addresses Record New All-Time High Of Bitcoin Inflows Data from the on-chain analytics platform CryptoQuant shows that over 27,700 BTC was transferred into accumulation addresses between April 16 and 17. This is a new all-time high (ATH) for these addresses in terms of their daily Bitcoin inflows.  Before now, the highest amount of BTC sent to these addresses in a day stood…

TL;DRFull Story“Memecoins have more potential upside than blue-chip governance tokens, according to VC.”Catchy headline right? Memecoins outperforming blue-chips? (Impressive!).Unfortunately, this is just a well disguised (and widely misleading) ‘water is wet’ kinda statement.It’s a trick we often fell for (for longer than we’d like to admit) when we first started exploring crypto — so we figured we’d let you in on how it’s done, in case you’re in the same boat.The trick works like this:Yes, memecoins have more potential upside than blue-chip governance tokens — but…The lower the total value of a cryptocurrency → the less investment is needed to…

Ethereum revenues grew significantly in Q1 despite price volatility ETH’s price started to see green again as network growth fell Ethereum [ETH] took a massive hit in terms of price over the last few days. However, it’s worth looking at the bigger picture too, with the same revealing that Ethereum’s network has been doing really well, despite the recent price fluctuations. Ethereum had a very positive Q1. In fact, Ethereum achieved a profit of $370 million from $825 million in revenue, equating to a net income margin of approximately 45%. Ethereum revenue on the rise If Ethereum was listed on…

Garlinghouse revised his prediction, citing supply-demand dynamics for potential market doubling by year-end Ripple’s CEO criticized lag in U.S crypto regulations Bitcoin’S [BTC] halving is understandably clogging news cycle, with the anticipation attached to the event going through the roof over the past few days and weeks. Needless to say, optimism is high too, with many expecting Bitcoin and the rest of the crypto-market to log new highs. Ripple Labs CEO Brad Garlinghouse is no different, with the exec seeking to revise his previous prediction of a $5 trillion market capitalization by the end of the year.  In a recent…

Ernst & Young revealed an enterprise contract management service that would let clients put contracts on a public blockchain while keeping business information private through zero-knowledge circuits. The firm markets its OpsChain Contract Manager as running on Ethereum, although it currently runs on Polygon proof-of-stake (PoS). The accounting firm — one of the “big four” alongside Deloitte, KPMG, and PwC — has been toying with business implications for zk proofs since at least 2018. The announcement may show another concrete step toward the institutional use of public blockchains, a month after asset management giant BlackRock launched a tokenized fund on…

As the cryptocurrency community excitedly awaits the impending Bitcoin halving, Bitwise Chief Executive Officer (CEO) Hunter Horsley has weighed in on its impact on BTC, predicting that the event could potentially propel prices to $100,000 or even higher. Horsley expressed his optimistic outlook toward the upcoming Bitcoin Halving on the X (formerly Twitter) platform. Every four years, the Halving has historically been linked to greater price increases, and Horsley’s upbeat view indicates that this cycle might be no different from the others. Upcoming Bitcoin Halving Is Being Underestimated According to the CEO, the much-anticipated event is presently being significantly underestimated…