Author: Crypto News Live

­EMC Protocol, a well-known peer-to-peer and blockchain network, has recently announced a new collaboration. As the company says, it has partnered with “nuco.cloud,” which permits consumers to monetize the computing power of their server, computer, or smartphones, to explore decentralized artificial intelligence. The company took to its official account on the social media platform X to disclose the respective integration. We’re thrilled to announce our integration with @nucocloud SKYNET to redefine the possibilities in #DeAITogether, we’re powering up the next generation of #DeAI. Get ready for the future of computing power! https://t.co/vrZduSjyzy — EMC (@EMCprotocol) April 14, 2024 EMC Protocol…

David Lawant, Head of Research at FalconX, a digital assets prime brokerage with trading, financing, and custody for leading financial institutions, recently offered an analysis on X (formerly Twitter) regarding the evolving role of Bitcoin halvings in market dynamics. This analysis challenges the traditional view that halvings directly and significantly affect Bitcoin’s price, instead highlighting a broader economic and strategic context that might be influencing investor perceptions and market behavior more profoundly. The Miner’s Diminishing Impact On Bitcoin Price Lawant begins by addressing the changing impact of Bitcoin miners on market prices. He presents a detailed chart comparing the total mining…

Meta has been at the forefront of VR and AR technology since its inception in 2012. With their latest MetaVerse education initiative, the company aims to introduce their VR headset and the metaverse into educational settings. This move is a part of their larger vision to transform the way we learn by creating an immersive and interactive learning experience.The new educational package unveiled by Meta incorporates both VR and AR technologies, allowing teachers to program and manage multiple VR headsets simultaneously. Students will be able to virtually visit interactive museums and explore 3D learning environments, making their education more engaging…

Ethereum, the second-largest cryptocurrency by market capitalization, has faced choppy waters. Over the past few days, Ethereum’s price has taken a nosedive, plunging to lows of $2,800 on April 12, echoing the broader downturn witnessed across the crypto landscape. However, in the face of volatility, a fascinating development has emerged: Ethereum whales, the behemoths of the crypto world, have begun to flex their muscles, showcasing strategic maneuvers that have captured the attention and speculation of the crypto community. Strategic Accumulation Amidst Turbulence As Ethereum’s price plummeted, Ethereum whales wasted no time in capitalizing on the opportunity. One notable example is…

Avalon, a rising crypto gaming studio, has secured a successful $10 million funding round co-led by venture capital giants Bitkraft Ventures and Hashed. This investment fuels the development of their flagship title, a massively multiplayer online game (MMO) simply named “Avalon.” Avalon’s development team boasts veterans from prominent web2 gaming companies, leveraging their expertise to craft an immersive gaming experience. The studio has also partnered with industry leaders Didimo and Inworld AI, pioneers in artificial intelligence, to further enhance the game. “The Avalon universe prioritizes an unforgettable gameplay experience,” said Sean Pinnock, CEO and founder of Avalon, in a press…

Bitcoin’s next significant demand zone was around $56,000. Demand slowed down, both from new ETFs and existing holders. Bitcoin [BTC] continued to sell off, sinking more than 4% in the last 24 hours to trade in the $62,000 zone, according to CoinMarketCap. Trading volumes rose by nearly 5% to $45 billion during the period, suggesting high speculation from market participants. Will the slump continue? Interestingly, the latest dip was from a “major demand” zone, according to on-chain analytics firm IntoTheBlock. History showed that more than a million wallets had purchased BTC at an average price of $64,300, indicating that it…

Investors are bracing themselves for a rollercoaster ride as Bitcoin, the flagship digital asset, navigates through choppy waters. Recent data from Glassnode has revealed a noteworthy development: the Realized Profit/Loss Ratio for Bitcoin has dipped below one. This crucial metric, which compares the sell value of Bitcoin with the price at which it was bought, indicates that investors are currently realizing more losses than profits. Historically, such a dip has often heralded a potential bottoming out of Bitcoin’s price, serving as a vital signal for market watchers. Sense Of Optimism Despite Bitcoin Price Decline The past 24 hours have witnessed…

Avalon, an independent Web3 gaming studio, recently made headlines by successfully raising $10 million in a funding round led by Bitkraft Ventures and Hashed. Other prominent participants included Coinbase Ventures, Spartan Capital, Foresight Ventures, LiquidX, and Momentum6.The purpose behind this funding was to accelerate the development of Avalon’s first blockchain gaming title, Avalon. This massively multiplayer online (MMO) game is set to transform the world of gaming by empowering players to create, share, play, and own their experiences.In this article, we will delve into what makes Avalon unique and how it aims to redefine the gaming industry through its innovative…

Before the emergence of Web3, brands primarily relied on Web2 channels, such as social media, to connect with consumers. In fact, recent statistics show that 77 percent of businesses use social media to reach customers. Consumer engagement strategies are evolving, however. With the maturation of new technologies like blockchain and artificial intelligence, forward-thinking brands have started incorporating these elements to better engage with consumers. Web3 Technology Enables Co-Created Beauty Products Jana Bobosikova, Co-Founder of community commerce company KIKI World, told Cryptonews that while the internet provides a platform for brands to be seen, new technologies can ensure that online products…

“Longer term: still weeks away from a proper bullish environment.” AMBCrypto evaluated the analyst’s prediction by looking at the liquidation heatmap.  This heatmap predicts where large-scale liquidations can occur. As such, traders can identify areas of high liquidity, resistance, and support zones. A high concentration of liquidity is called a magnetic zone. At this point, the liquidity heatmap highlights a color change, suggesting that the price might move toward the point. At press time, the metric showed that Bitcoin might move toward $66,638. Here, $7.18 million worth of contracts might be liquidated. However, if BTC drops, the next area of…