Author: Crypto News Live
BTC’s price rose by 69% in Q1. However, during the same period, its blockchain witnessed a decline in activity. User activity on the Bitcoin [BTC] network declined in the first quarter, despite the significant rally in its coin’s price during that period, Messari found in a new report. In its report titled “State of Bitcoin Q1 2024,” the onchain data provider found that during the 90-day period, the demand for the Bitcoin network fell. The average daily count of addresses that completed at least one transaction on the blockchain during the quarter totaled 895,000. This represented a 5% decline from…
Bitcoin price is moving higher above the $71,200 resistance. BTC is showing positive signs and might soon extend gains above $72,500. Bitcoin climbed higher above $69,500 and $70,000 resistance levels. The price is trading above $70,000 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $70,750 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could accelerate higher if it clears the $72,500 resistance zone. Bitcoin Price Regains Momentum Bitcoin price started a decent increase above the $68,500 resistance zone. BTC cleared the $69,500 and $70,000…
Škoda Auto India launches the Škoda Gearheads community, offering exclusive benefits to car enthusiasts nationwide. The program integrates Polygon PoS for seamless transactions and NFTs for dynamic memberships on the Škodaverse India platform Škoda Auto India has again showcased its commitment to innovation and customer engagement by introducing the Škoda Gearheads community. This unique membership program, unveiled alongside other digital initiatives, aims to unite automobile enthusiasts nationwide under one roof. The Škoda Gearheads community is more than just a membership program; it’s a gateway to a world of exclusive benefits and experiences for automotive enthusiasts. Members can anticipate VIP treatment…
BTC spot ETF saw an outflow of over $200 million. Exchange netflow was dominated by positive flow. Following the approvals of spot Bitcoin [BTC] ETFs in the US, Bitcoin has experienced sustained high volumes of flows. As the price of BTC appeared poised to reclaim its all-time high, the flow of ETFs peaked for the month. Outflow dominates Bitcoin spot ETF volume Analysis of the Bitcoin spot ETF Netflow on Coinglass revealed that it observed its highest flow since 27th March on 8th April. However, this flow marked a deviation from the trend observed in recent days. Source: Coinglass According…
Historical design shown by the MVRV ratio, led ETH to bounce. While traders booked some profits, the OI indicated that more was close. On the 8th of April, Ethereum [ETH] defied the school of thought that it was a slow move this cycle as its market cap jumped by over 9%. This increase placed its market cap at over $440 billion. During this time, the altcoin’s price surpassed $3, 700 before its slight drop. But that was not the major highlight. The past is sometimes the present AMBCrypto analyzed Ethereum’s on-chain condition and observed the Market Value to Realized Value…
Harvest Finance Overview Harvest Finance Price Change 24h 12.66% Harvest Finance Price Change 7d 51.62% Harvest Finance Market cap $51,539,784.93 Harvest Finance All time high $2,236.04 Harvest Finance All time low $20.48 Harvest Finance Price Prediction 7d $247.60 +221.02 Harvest Finance Fear-Greed Index 76 Extreme Harvest Finance Volatility 6.63% Harvest Finance Green Days 17/30 (57%) Our real-time FARM to USD price update shows the current Harvest Finance price as $68.1 USD. Our most recent Harvest Finance price forecast indicates that its value will increase by 10.32% and reach $85.09 by April 10, 2024. Our technical indicators signal about the Bullish…
Barcelona — Elixir Games, the dynamic Web3 gaming platform backed by industry giant Square Enix and boasting over 1 million users on the Elixir Launcher, has just unveiled its most ambitious event to date: the Season Pass Airdrop, featuring over $1 million in prizes. —Set to kick off from April 19th to June 3rd, with a pre-season launch on April 12th, this gaming extravaganza is poised to redefine the gaming landscape for enthusiasts globally.During the pre-season launch, players will have an exclusive chance to secure whitelisting for the Elixir Flask Freemint, a collection of coveted NFTs. The Season Pass promises…
Collectors and players get ready because Gods Unchained just announced a new expansion, Dread Awakening, scheduled to land on April 22nd! Expanding the available card selections for this fantasy, TCG game, Dread Awakening also introduces new, powerful abilities and seven, unique, Mythic variants! A new card set, known as Dread Awakening, arrives soon in Gods Unchained! This set will contain 132 new cards, including thirteen legendary cards, and two new card mechanics — Dreadtouched, and Elderytch Mystery! Dreadtouched abilities activate by sacrificing a creature your control. Which when paired with Afterlife effects sounds like a pretty sweet setup! We don’t…
NFTs aren’t for everyone. In the years since non-fungible tokens first entered public consciousness there has been a fierce backlash against what is essentially just a way of authenticating data. Part of this negativity was as a response to the gross financialization and speculation around these tokens, and environmental concerns that have since basically been resolved by Ethereum’s switch to proof-of-stake in 2022. This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news on CoinDesk and beyond. You can subscribe to get the full newsletter here. However, the general public’s distaste of NFTs…
YTD inflows hit an all-time high (ATH) of $13.8 billion. Volume clocked by ETFs plunged to $17.4 billion last week. Digital asset investment products recorded another week of net inflows, powered by healthy demand for U.S.-based Bitcoin [BTC] spot exchange-traded funds (ETFs). Inflows slow down According to the latest report by digital asset management firm CoinShares, about $646 million was pumped into institutional crypto products last week, taking the year-to-date (YTD) inflows to an all-time high (ATH) of $13.8 billion. For context, this figure was nearly 29% higher than than the total inflows recorded in the whole of 2021. That being said,…
