Author: Crypto News Live

In the ever-evolving world of cryptocurrency, Marcel Knobloch also known as Collin Brown, a crypto expert has offered an audacious prediction for Bitcoin, foreseeing a significant rally to unprecedented heights post-BTC Halving event scheduled to take happen this month. Bitcoin Poised For Massive Growth Post-Halving According to Collin Brown, the fourth mining reward Halving for Bitcoin will take place in the next 48 hours. This event will cut down the current 6.25 BTC per block output to 3.125 BTC per block. Brown noted that following the last Halving event, Bitcoin witnessed over 700% growth, bringing the crypto asset to its…

Yuga Labs, the startup behind the Bored Ape Yacht Club (BAYC), announced early Thursday that it has completed the burn of 4,295 Ethereum NFTs related to the crypto game HV-MTL. This comes the day after Yuga Labs sold two of its gaming IPs to blockchain gaming studio Faraway—HV-MTL was one of these IPs. With Faraway now in charge, the gaming studio requested that Yuga Labs burn the nearly $1 million worth of HV-MTL NFTs it held. “Burning” crypto assets refers to the act of sending them to an address where they cannot be reclaimed, effectively destroying them. With a total…

One of the latest developments from Binance is their introduction of a new token-launch platform called Binance Megadrop. This innovative platform offers a unique way for users to participate in the launch of new tokens and earn rewards through airdrops and Web3 quests. What is Binance Megadrop?Binance Megadrop is a token-launch platform built on the foundation of Binance Launchpool, which allows users to directly participate in the launch of new tokens. This platform takes it a step further by introducing airdrops and Web3 quests as methods for earning rewards from upcoming Web3 projects before their tokens are officially listed on Binance. Essentially, Megadrop aims to offer early exposure and…

Ethereum could fall under the $3k psychological support zone soon Metrics flashed a strong buy signal, but there’s more that investors need to consider Lately, Ethereum [ETH] has seen bearish sentiments strengthen behind it. In fact, a Santiment post on X (formerly Twitter) revealed that both Bitcoin [BTC] and Ethereum saw a hike in bear posting ahead of the halving. Negative engagement on social media saw a positive change on 18 April when BTC bounced to $64.1k and ETH to $3,094. AMBCrypto analyzed other metrics to understand if investors should be buying ETH now. Drop in gas fee could be…

Vechain and SingularityNET have announced a collaboration that signals a paradigm shift in technology integration, combining the strengths of blockchain — reliability and immutability — with the data processing capabilities of artificial intelligence (AI). Vechain and SingularityNET are committed to revolutionizing enterprise applications while leading the development of sustainable ecosystems in collaboration with Boston Consulting Group. Vechain’s expertise in product authenticity is supported by SingularityNET’s AI-powered data verification. Integrating AI as an additional layer of verification enhances both technologies to ensure authenticity and reliability. In pursuit of innovation, joint research initiatives are being implemented to harness the full potential of…

BTC was down by more than 4.5% in the last 24 hours.  Market indicators and metrics hinted at a continued price decline.  The wait is coming to an end as Bitcoin [BTC] will undergo its fourth halving in just a few hours. The importance of this process has given rise to multiple speculations related to how the king of crypto’s price might react in the near term. To understand what to expect from BTC post-halving, AMBCrypto analyzed BTC’s on-chain data.  Bitcoin halving is happening soon The halving is one of the most major events in the crypto space, as it…

Berckmans sees potential for Ethereum’s legitimacy and market growth. Debate ensues over the bill’s impact on stablecoin regulation and Ethereum’s ecosystem. Amidst buzz about the recently introduced bipartisan Lummis-Gillibrand Payment Stablecoin Act, prominent Ethereum [ETH] community member Ryan Berckmans offered a unique perspective. “My initial read is that the bill is extremely bullish and legitimizes Ethereum like never before.” He added,  “The new stablecoin bill as written could teleport ETH/BTC from today’s 29.92% to 40%+.”  Diverging opinions on the stablecoin bill  This underscores that the bill addresses concerns regarding the stability of Ethereum’s on-chain economy, which are often viewed skeptically…

With the recent announcement of Sony and Microsoft’s plans to integrate blockchain into their consoles, it’s safe to say that we are on the brink of a major shift in the gaming landscape. In this piece, we will explore how NFTs integrated into Playstation and Xbox games will drive mainstream web3 gaming, and what it means for gamers.The Rise of Blockchain GamingBefore diving into the potential impact of NFT integration, let’s first understand the rise of blockchain gaming and why it has garnered so much attention. Blockchain technology, most commonly associated with cryptocurrencies, is a decentralized digital ledger that records transactions in a secure and transparent manner. In the…

Amidst the ongoing fluctuations in the cryptocurrency market, the price of Bitcoin has surged by 1.7% in the past 24 hours, hovering above the $62,000 mark. However, recent warnings from CryptoQuant, a leading crypto analytics platform, suggest that Bitcoin could face a significant downturn to $52,000 if specific key levels are violated. This cautionary note comes amidst growing uncertainty in the Bitcoin derivatives market, with derivative traders showing unprecedented caution compared to previous halving cycles. Bitcoin Risky Level CryptoQuant’s analysis highlights declining open interest and funding rates in the Bitcoin derivatives market, indicating a “cautious” stance among traders, particularly with…

0xScope, a prominent player in the Web3 AI technology arena, has partnered with AI Society to lay the groundwork for integrating artificial intelligence and crypto. The partnership represents a joint commitment to cutting-edge AI methods that help innovators make rapid steps toward better-for-business technological change. 0xScope has positioned 0xScope as an innovation leader in the coin and AI domain. 📣 Introducing our latest partner: @AISocietyLabs!🤝 With this partnership, 0xScope and AI Society will work together on solutions that advance Web3 AI technology. Excited to share more updates soon!We welcome AI Society as the newest member of the 0xScope ecosystem. https://t.co/WU4fiLBiVr…