Author: Crypto News Live

History called attention to a related decline as volatility increased A higher number of BTC is being spent, indicating a potential slip below $60,000 Bitcoin [BTC] finds itself at a crucial juncture now with only a few hours left for the much-anticipated 4th halving. However, according to data from IntoTheBlock, almost 10% of BTC holders are at a loss right now. This increase in number could be linked to Bitcoin’s recent decline which was the price drop from over $70,000 to $62,324, at press time. That being said, this did not seem to be the only threat to BTC. Can…

Emi YOSHIKAWA, Ripple’s vice president of corporate strategy and operations, took to social media X to comment on Japanese giant SBI Holdings’ recent XRPL initiative, calling it a “huge” deal. SBI intends to use the XRP Ledger to issue non-fungible tokens (NFTs) to visitors to Expo 2025, the upcoming World Expo to be held in Osaka, Japan. The NFT MYAKU-MYAKU, the official Expo character, can be obtained by visiting Explo and completing various missions. Visitors can also receive additional NFTs if they use the Expo mobile app. It is worth noting that the event is expected to attract 28 million…

Massive amounts of USDT flowed from Tether to Ethereum exchanges. Activity on the network remained stable as the price of ETH declined. Ethereum [ETH] has witnessed massive price volatility over the last few days. However, Tether’s [USDT] recent behavior could help improve sentiment around ETH. USDT gets into the mix According to Lookonchain’s data, over the past 18 hours, a significant amount of USDT, specifically 318 million dollars worth, has moved from Tether’s treasury wallet to exchanges on the Ethereum network. This outflow has significantly reduced Tether’s holdings on Ethereum. Their treasury held only 124 million USDT at press time.…

Galactic Entertainment Publishing, led by industry veterans including Mark Meyers, former Head of Disney’s AAA Studios, has recently announced the formation of their new division dedicated to transforming the gaming landscape. Their first franchise under this new model is Planet Quest. The game challenges the traditional free-to-play system and offers players the opportunity to truly own their in-game assets.Shifting Away from Traditional Free-to-PlayThe prevailing free-to-play model has been under increasing scrutiny due to its high costs for publishers and developers and the pressure it puts on players to make ongoing in-game purchases.Galactic Co-Founder Mark Meyers, acknowledges these issues, stating, “Involving the community…

In a groundbreaking development for the AI and blockchain industries, Cluster Protocol and Openfabric AI have announced a strategic partnership aimed at revolutionizing the landscape of technological innovation. This collaboration transcends mere integration; it represents a concerted effort to propel AI advancement forward, fostering accessibility and scalability while upholding the highest standards of security and decentralization. We are excited to announce our partnership with @ClusterProtocol 🥳Cluster Protocol is a proof of compute protocol and Open Source community for decentralized AI models.Learn more: https://t.co/RJk2txeSfG pic.twitter.com/6SJVpMV7sP — Openfabric AI (@openfabricai) April 17, 2024 The partnership between Cluster Protocol and Openfabric AI heralds…

In a recent interview on the future of Bitcoin, Anthony Scaramucci, the founder and managing partner of Skybridge Capital, has made a compelling prediction that the Bitcoin price could potentially reach $200,000 following its forthcoming halving event. This forecast comes at a time of considerable volatility within the crypto markets, exacerbated by recent geopolitical tensions and broader economic uncertainty. Bitcoin Poised To Hit $200,000 During the interview, Scaramucci provided insights into the forces he believes will drive Bitcoin’s price in the coming months. “Well, I mean, look, you could get shocks like wars and you could get, you know, God…

TL;DRThere’s a theory that the more interest BTC gets post-halving, the more regulatory scrutiny it will be put under which could ultimately be a net-negative for Bitcoin (and therefore, the industry as a whole).Full StoryRight now, everyone’s talking about the BTC halving – and so they should be, this halving is probably the biggest event in BTC’s history after it’s creation.But we just read a story that caught our eye. The premise: the more interest BTC gets post-halving, the more regulatory scrutiny it will be put under which could ultimately be a net-negative for Bitcoin (and therefore, the industry as…

Ethereum’s metrics remained bearish. XRP and BNB looked bullish, however. While all eyes remain on Bitcoin [BTC] halving, altcoins might silently take the cake as they were planning a bull rally. As per the latest data, the Altcoin market capitalization had reached a level that was historically followed by price upticks. Therefore, AMBCrypto checked top alts like Ethereum [ETH], BNB, and XRP to see whether history would repeat itself. Altcoins are preparing for a rally Bitcoin is expected to undergo its fourth halving soon. Once executed, it will reduce the mining reward by 50%, decreasing from the current 6.25 to…

Bitcoin’s 2024 halving is fueling divided sentiment right now Anthony Scaramucci believes in BTC’s adoption curve and potential as a mainstream asset The D-day is finally here – Bitcoin’s [BTC] 2024 halving. Despite the excitement, however, the eagerly anticipated event has left its audience divided into two camps – Those who expect major corrections and those who expect BTC to hike by +10x. Sentiment around Bitcoin has been especially divided over the past week or two on the back of the crypto’s topsy-turvy movement on the charts. At the time of writing, for instance, it was valued at just over…

The Forwarder, an innovation lauded by Aurora, has significantly contributed to the streamlining of blockchain integration. The principal application domains of Forwarder involve the bridging of assets from centralized exchanges, including Coinbase, Binance, and KuCoin, to virtual blockchain. The improved functionality of the ‘Forwarder’ connects users to a vast blockchain network, enabling developers to create remarkable products with it. An accessible and incorporated blockchain system is the distinguished advantage of Aurora’s innovative solution. The ‘Forwarder’ function eliminates the restriction that centralized exchanges impose on the transfer of assets to blockchain networks. Aurora’s innovative solution exemplifies the blooming ecosystem of decentralized…