Author: Crypto News Live
Israel versus Iran faceoff takes a fresh turn after Iran launched dozens of drones in an act of retaliation The possible situation of a war breakout has resulted in the entire crypto-market taking a huge plunge The Middle East plunged into a chaotic environment after Iran officially launched an attack against Israel in the late hours of the local time. This has resulted in countries around the world keeping their guard up as the worsening situation could result in significant disruptions. And, the effect of a possible war has had a huge spillover in the crypto-market. The background that caused…
According to Messari’s insights, over $300 million has been bridged to zkLink Nova, making it the largest L3 network in terms of total value bridged. Abstract figures of blockchains resolving and revolving around each other in layers, representing how zkLink addresses liquidity fragmentation issues in Ethereum. Layer-3 (L3) solutions on the Ethereum ecosystem have sought to address the issues of liquidity fragmentation and weak composability. These two issues are an indirect result of the rapid growth of Ethereum Layer-2 (L2) rollups. A recent report from Messari highlights the impact of zkLink Nova, a zero-knowledge L3 infrastructure provider that works to…
TL;DRCrypto funds have seen record inflows of $13.8B in ‘24, crypto markets tend to struggle at this time of year, and BTC just regained $72k (pulling the market up w/ it).Full StoryYou hungry?Good. We’ve cooked up a good news sandwich for you.Which means we have two pieces of good news (the bread), and one piece of bad news (the filling).And before you scroll away in attempt to avoid the doom and gloom, don’t worry! As far as ‘bad news’ goes, it’s pretty vanilla.Good news: crypto investment products (aka crypto investment funds) have seen record inflows of $13.8B so far this…
Bitcoin and the rest of the crypto market registered a massive loss after Iran officially launched an attack against Israel The biggest loss bearers of this event among the top 20 coins were SHIB, AVAX, and XRP, with over 10% loss in the past hour. The cryptocurrency market has registered a massive reaction to the escalating tensions in the Middle East. Bitcoin (BTC), the king coin, has lost nearly 8% of its value within a few minutes, while other cryptocurrencies have registered a loss exceeding that. The great crypto plunge follows news of Iran’s official attack on Israel, confirmed by…
Galxe announces the launch of Identity Protocol, introducing an identity infrastructure that focuses on user privacy, security, and sovereignty. Utilizing Zero-Knowledge Proofs (ZKP), the protocol lets users control their digital identity and private data during public verification scenarios. According to the company’s blog, Galxe Identity Protocol aims to empower users with control over their digital identity and private data. The launch marks a new phase in managing and sharing verifiable credentials across the web3 landscape. The protocol uses ZKP technology to allow for the secure authentication of identity without compromising the privacy or integrity of personal information. To address challenges…
Despite the recent price upsurge of several leading cryptocurrencies MATIC’s performance remained depressed due to several factors. However, it recorded some significant gains in its other non-monetary metrics such as its user base. Sadly, since the start of the year MATIC’s price performance was outpaced by that of the Ethereum crypto.In this analysis, we focus on MATIC’s recent price movement as well as its correlation with Ether (ETH). We will also assess MATIC price catalysts and its prediction. Finally, we will summarize how people can purchase MATIC on Gate.io.Growth in Active MATIC Addresses: A Historical Look at its Impact on…
The bullish momentum of the Bitcoin price has dwindled over the past few weeks, putting the progression of the crypto bull cycle into question. On Friday, April 12, the crypto market witnessed a flash crash, causing the premier cryptocurrency’s value to drop from $70,000 to below $67,000. This latest downturn underscores the struggle of the Bitcoin price to return to its recent all-time high of $73,737, which was forged in mid-March. On-chain analytics platform Santiment has identified a particular Bitcoin metric that may signal the resumption of the bull run. Bitcoin Bull Run May Resume If This Metric Falls In…
Did you know that there are mobile games that pay real Bitcoin for playing? These are legit games that you can download from the iOS App Store or Android Play Store, and as you play the game and watch ads between rounds or levels, you’ll stack up satoshis (aka the smallest denomination of a Bitcoin). Granted, you’ll need to keep your expectations in check—most of these games pay out something in the ballpark of a few cents worth of Bitcoin per hour of play. Nobody’s going to get rich playing a Bitcoin-infused version of sudoku. But if you’re to play…
A widely followed trader says that he is bullish on the leading memecoin Dogecoin (DOGE) despite the marketwide correction. The trader pseudonymously known as Sherpa tells his 214,200 followers on the social media platform X that he intends to accumulate Dogecoin. “DOGE: The play in my opinion is just to buy down to $0.15 and just let this sit for this cycle. Still super bullish on DOGE doing something silly later this year.” Source: Altcoin Sherpa/X Dogecoin is trading at $0.167 at time of writing, close to Altcoin Sherpa’s accumulation level. Next up, the analyst says that Bitcoin (BTC) is…
Bitcoin’s price dropped while gold spiked Peter Schiff’s advocacy diminished by BTC’s investment surge Bitcoin [BTC] has once again dropped on the charts, with its price falling from over $70,000 to just over $67,000 at press time. In fact, BTC lost over 5% of its value in just 24 hours. On the other hand, Gold – One of the market’s more traditional assets – surged to a new ATH on the back of global financial markets’ uncertainty. Where does that leave Bitcoin? What’s behind the surge in gold prices? The aforementioned disparity in price actions led to various Bitcoin skeptics…
