Author: Crypto News Live

Bitcoin saw short-term volatility increase as the halving event drew closer. The metrics forecast a bullish long-term future for Bitcoin. Bitcoin [BTC] saw a sudden drop in prices on the 12th and 13th of April. The selling pressure heading into the weekend saw BTC fall 14.5% from $70.9k on Friday to $60.6k to mark Saturday’s low. This led to fear in the altcoin market and contributed to widespread selling pressure. Market participants who have called for a top as the halving approaches would be ecstatic, but this view could be myopic. The long-term trend remains firmly bullish. An influx of…

A trader who nailed the 2018 Bitcoin bear market bottom believes that the most recent correction has put BTC in a position to rally to a new all-time high. Top analyst Bluntz tells his 255,000 followers on the social media platform X that Bitcoin appears to have printed a local bottom after completing an ABC corrective wave on the four-hour chart. The trader uses Elliott Wave theory, which states that a bullish asset often witnesses a fresh leg up after an three-part ABC correction. Says Bluntz, “We got the sweep. I think that’s the low. BTC.” Source: Bluntz/X Looking at…

Neo is partnering with Tria, a “consumer-first” Layer 1 blockchain which aims to revolutionize user experience with network and native token abstractions. Originally called Threely, Tria’s primary goal is to simplify the blockchain experience for consumers. It was built to be EVM equivalent, using Polaris with Cosmos SDK. The Tria team aims to provide a highly abstracted and aggregated service, enabling users to manage a wallet with a single password, transact across different blockchains seamlessly, and access a wide range of Web3 applications without the need for navigating through complex processes. This approach not only enhances user convenience but also…

There’s no denying the launch of Spot Bitcoin ETFs has done wonders for the price of Bitcoin and other cryptocurrencies in general. These ETFs have now unlocked institutional demand into the world’s largest crypto asset to change the dynamics ahead of the next halving. On the other hand, recent tensions between Iran and Israel have seen Bitcoin falling to as low as $61,000 in the past 24 hours to undo weeks of price increases.  Bitcoin ETF Wallets Now Whale Addresses The institutional demand for Bitcoin has been ramping up since the beginning of the year from the issuers of the…

PoP Planet, a SocialFi communication dApp that allows users to curate communities and deploy digital assets, has announced plans to integrate Neo X. Based out of Japan, the PoP Planet team made the announcement about its collaboration with Neo on social media. About PoP Planet PoP Planet aims to incorporate blockchain to empower creators and key opinion leaders to monetize their influence and manage communities. When registering, users can create a profile with a phone number or a blockchain wallet. Each new profile created on PoP Planet is represented by a unique Profile NFT that enables the tokenization of content…

To reveal or not to reveal? That is starting to become the question when it comes to data on the blockchain. Transparency and immutability might disable the control of data by large power structures, yet on an individual level there remains a desire for personal ownership. A balance must be achieved.Is it naive to think about having it both ways? Power to the people, please; in both senses: free all of the information from the iron grip of big monopoly, but let us exercise a little personal autonomy over our individual parts. Is that too much to ask? It’s not. Nevertheless,…

The price of Bitcoin took a nose dive on Saturday following reports of Iran launching missile and drone attacks on Israel. Alongside the market leader, many other prominent cryptocurrencies also experienced a significant selloff as news of a brewing international conflict in the Middle East circulated on the internet. Bitcoin Suffers Major Decline For Second Consecutive Day According to multiple reports on April 13, Iran commenced a drone attack against Israel in retaliation to an attack on an Iranian diplomatic building in Syria on April 1 which claimed the lives of nine Iranian officers, including a highly ranked general in…

A top analyst who nailed the end of the 2021 Bitcoin (BTC) bull market is detailing the mechanics behind the latest altcoin meltdown. Pseudonymous crypto strategist Pentoshi tells his 779,400 followers on the social media platform X that momentum is what moves markets. According to the analyst, the crypto markets were launching new altcoins at such a high rate that it depleted demand and allowed momentum to swing over to the other side. “I think for the most part it was simple supply vs. demand dynamics. We got to the point where there were a lot of new coins launching…

APT tokens, valued at $351 million, were released into circulation. Bitcoin’s plunge triggered a double-digit decrease for the token. Layer-1 blockchain Aptos [APT] unlocked 6.24% of its total supply on the 12th of April. But the market crash, led by Bitcoin [BTC], put a stop to the optimism around the event. Unlocking tokens, and moving them into circulation, have effects on price. In some cases, the event causes high volatility, and the increase in supply causes the value of the token involved to decline. At the time the APT tokens were released, they were worth over $351 million. Before the…

Samsung is setting a new standard in the integration of Web3 technologies with traditional media platforms. Through its ambitious TX1 project, the tech giant is poised to bring blockchain-based experiences to over 200 million users, reshaping how audiences interact with digital content on their televisions. Bridging Digital and Physical Worlds Samsung’s latest venture capitalizes on the burgeoning interest in decentralized technologies and NFTs, aligning with their strategic commitment to enhancing user experience through innovation. The TX1 project, highlighted by a recent partnership with Illuvium, as discussed in BlockchainReporter’s coverage, represents a significant leap towards merging digital and physical realms seamlessly.…