Author: Crypto News Live
An analyst has explained how a PEPE daily close outside of a certain price range could lead its value to go on a rally of 54%. PEPE Symmetrical Triangle May Hint At The Next Move For The Memecoin In a new post on X, analyst Ali discussed the recent trend forming in the PEPE price. According to the analyst, the memecoin is currently forming a symmetrical triangle pattern on its one-day chart. The “symmetrical triangle” here refers to a pattern in technical analysis (TA) that, as its name suggests, looks like a triangle. In this pattern, there are two lines…
Bitfinex Securities is issuing a tokenized debt offering to fund the construction of a new Hampton by Hilton hotel at El Salvador International Airport, according to an April 11 statement shared with Crypto. The tokenized debt offering is the first of its kind in the Central American country, seeking to raise $6.25 million. The short-term debt has a 10% coupon over a 5-year term, and the minimum investment is $1000. According to the statement, the hotel complex will be a 4,484-square-meter facility with 80 rooms, five commercial spaces, and other amenities across five levels. Details Bitfinex Securities partnered with Inversiones…
Join us in Dubai for our flagship gathering, where we’ll unite visionaries, pioneers, and creators to dive into the exciting convergence of AI and Web3. Whether you’re a startup whiz, a savvy investor, or a seasoned executive, you’ll find unparalleled networking opportunities and insights here. It is one event you won’t want to miss. Web3 World Consortium event is an opportunity for thinkers, creators, and leaders to gather and shape the future of web3. Top experts will share insights on the innovation in the web3 technology. The W3WC event sets the stage for a new era of innovation in the digital…
ETH was up by nearly 7% in the last seven days. Whales have increased their accumulation over the past week. Ethereum’s [ETH] price rallied last week, allowing it to sit comfortably above the $3.5k mark. Though this already looked optimistic, things might get even better as the big players stockpile more ETH. Whale activity is rising According to CoinMarketCap’s data, ETH investors earned profits last week as its value surged by nearly 7%. At the time of writing, ETH was trading at $3,520.80 with a market capitalization of over $422 billion. Interestingly, while the token’s price increased, whale activity around…
Axie Infinity has announced major updates to its ecosystem, poised to enhance users’ experience. They majorly pertain to Axie Experience Points (AXP) and Part Evolution. The goal is to make it seamless for players to wield their powers and level up their respective axies. Unlimited Coco caps are effective immediately. Players can reach the limit of AXP in two ways – earn via gameplay and consume Coco. The updates enable players to combine both points and get the daily limit. Coco can then be fed to Axies, who are ultimately put to the test by players on the battlefield. Feeding…
Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) and other popular NFT collections, has been directing ‘royalties’ to a deposit address associated with FTX US, according to Blockchain Intelligence firm Arkham Intelligence. Arkham highlights the fact that Yuga Labs has sent over $250,000 worth of value over the last two months to 0xAAe7aC476b117bcCAfE2f05F582906be44bc8FF1, an address that Arkham, as well as blockchain intelligence firm Breadcrumbs, associated with FTX US. FTX US was plunged into bankruptcy in November 2022 due to its role in the crimes of Sam Bankman-Fried and his co-conspirators. Read more: ‘Boring’ Apes Come Home divides…
Bitcoin’s (BTC) value plummeted below $65,000 on April 12, a stark drop from its $71,000 peak earlier in the day, as a wave of selling hit the crypto and equities markets, causing some altcoins to fall more than 15% in a matter of minutes. The decline mirrored a broader selloff across asset classes amid heightened global economic uncertainties and geopolitical risks. Bitcoin has slightly recovered since the violent drawdown, trading at around $67,300 as of press time, based on CryptoSlate data. Ethereum, the second-largest crypto by market capitalization, fell 12% to $3,100 before paring some losses to close 8% lower…
The Cardano ecosystem has welcomed Huawei Cloud, one of the largest cloud computing firms globally, to broaden the reach of the Cardano network. In particular, Cardano’s blockchain partner EMURGO has entered an alliance with Huawei Cloud to promote Web3 solutions via Cardano. EMURGO disclosed this new collaboration with Huawei in an official press statement today, April 11. According to the report, the alliance aims to bolster the adoption of Cardano-based Web3 solutions throughout Asia and Africa. Additionally, the collaboration involves extending support for a Cardano Validator Node on the Huawei Cloud platform. We’re thrilled to announce a strategic partnership with…
Hannah Phung, a lead analyst at on-chain analytics platform SpotOnChain, recently gave her opinion on the impact that Bitcoin Halving could have on the flaghsip crypto’s price. This adds to the ongoing debate on whether or not the Halving event could cause Bitcoin’s price to rise to $100,000. Bitcoin’s Price Surge Might Not Come Immediately Phung mentioned during an interview with BeInCrypto that Bitcoin’s price tends to increase around 6 to 12 months after the Halving and not immediately. This is evident from the past Halving events, as Bitcoin’s significant price gains came about one year after the Halving had…
extra mile and tv asahi group have announced the launch of Japan’s first accelerator program for blockchain gaming. The TV Asahi blockchain games project will provide developers with the resources and support they need to successfully launch a web3 game.The accelerator program conceived by extra mile and Tokyo’s tv asahi group will furnish teams with a broad range of services to help realize their web3 gaming concepts. In addition to benefiting from game incubation and publishing, developers will be able to tap into community marketing and token support.TV Asahi blockchain games extended an open invitation to industry participants interested in…
