Author: Crypto News Live

There’s clear interest in the upcoming token for the Saga layer-1 blockchain network, just days ahead of next week’s listing. In fact, Binance customers have already broken a record for the most cryptocurrency staked to earn SAGA token rewards via the crypto exchange’s Launchpool campaign platform. Binance users have staked more than $13.1 billion worth of Binance Coin (BNB) and the FDUSD stablecoin to earn a share of the 45 million SAGA tokens being offered up through the platform, or half of the token’s initial circulating supply. Saga declared the earlier $13 billion mark a record on Twitter Friday, and…

Bitcoin began 2024 with a blast gaining by over 73% in the first quarter of the year to establish a new all-time high price of $73,750. And although BTC soon declined from this value following a turbulent price movement in the last month, its biggest stakeholders have shown a consistent accumulation trend throughout the first three months of 2024, indicating a high confidence in the asset’s profitability ahead of the upcoming halving event.  Bitcoin Whales Acquire $21.6 Billion BTC, Boost Market Dominance By 1.4% As Halving Nears In an X post on Friday, blockchain analytics platform Santiment shared that Bitcoin…

Alpha Zero, a high-performance ZK L1 platform powered by AZERO, has launched a new feature named aScan: Aleph Zero’s Token Explorer. This announcement comes as a significant development for users seeking detailed insights into PSP22 tokens deployed on Aleph Zero – the token counterparts of ERC-20 in the EVM ecosystem. As announced by the project, “Whether individuals are developers, investors, or enthusiasts, aScan offers comprehensive token data and real-time updates, catering to a diverse range of users.” With a user-friendly interface designed for simplicity and ease of navigation, aScan provides users with access to detailed token information, including supply metrics,…

Bitcoin’s price crossed $67K, hinting at a further bull rally  Several metrics also seemed bullish for the cryptocurrency While Bitcoin’s [BTC] price remained in a consolidation phase, short-term holders sold a substantial amount of BTC on exchanges at a loss. The sudden sell-off might actually turn out to be good news for BTC though, as it can help initiate a bull rally in the coming days.  Short-term holders are selling Bitcoin Alex, a popular crypto-analyst, recently shared an interesting development regarding short-term holders. As per the tweet, from 19 March to 4 April, STHs sold 106.8K BTCs at a loss…

Solana NFT marketplace Tensor plans to launch its long-awaited TNSR token next week, and leading American cryptocurrency exchange Coinbase said Friday that it plans on listing the incoming Solana-based token. Assets added to the roadmap today: Tensor (TNSR)https://t.co/rRB9d3hSr2 — Coinbase Assets 🛡️📞 (@CoinbaseAssets) April 5, 2024 While Coinbase did not specify when the TNSR token would be listed, the digital asset is scheduled to launch on April 8. The TNSR launch will coincide with the end of season 3 of Tensor’s rewards program and the start of season 4 trading incentives. Participants in the referral program, the Tensor Foundation said…

SEC’s Ethereum ETF comments period has stirred mixed reactions Analysts split on ETF’s impact on ETH’s price, uncertain about SEC decision Recently, the U.S Securities and Exchange Commission (SEC) initiated a 21-day public comments period for proposed Ethereum [ETH] ETF filing amendments tied to Bitwise, Fidelity, and Grayscale. While this development sparked enthusiasm among some crypto-enthusiasts, industry analyst James Seyffart downplayed its significance, referring to it as “standard procedure.”  ETH price expectations amid ETF speculations In the middle of these developments, it is worth noting that ETH’s price fell by 14.48% over the month, with the altcoin trading at $3,220.95…

In a recent release, the Consumer Financial Protection Bureau warned about the emerging risks associated with crypto-focused gaming. The report, “Banking in Video Games and Virtual Worlds,” highlights the agency’s concerns over scams and diminished consumer protections in video games and virtual worlds. As the intersection of virtual gaming and cryptocurrency grows, the Consumer Financial Protection Bureau’s (CFPB) scrutiny underscores the potential pitfalls facing players in these digital realms. The CFPB’s findings reveal that despite crypto-metaverses‘ lesser popularity compared to giants like Roblox, Second Life, or Fortnite, these platforms warrant attention due to their ability to facilitate the conversion of…

TL;DRFull StorySo, not sure if you’ve noticed or not, but…AI, and AI-related tokens have been booming over the past 6-12 months.WorldCoin (WLD) traded up ~350% since its listing price about a year ago, Livepeer (LPT) and Arkham (ARKM) also saw gains at 140% and 100%, respectively. Which might lead you to believe decentralized AI networks are in high demand…The disappointing reality is that, while the intended use case for most of these AI tokens is to purchase services from specific AI ecosystems…they’re mainly being used as a form of speculative investment. Which means the demand for decentralized AI may be a little…

AIOZ Network, a leading Decentralized Public Infrastructure Network (DePIN) for Web3 AI, Storage, and Streaming, recently took to X (formerly Twitter) to shed light on the challenges regular AI developers and businesses face in the AI industry. The tweet emphasized the overwhelming dominance of big tech companies and large enterprises in the AI space, highlighting the barriers these entities create for smaller competitors. In response to these challenges, AIOZ Network announced the launch of AIOZ W3AI, a groundbreaking solution aimed at democratizing access to AI, storage, and streaming for smaller entities. The AI industry has experienced rapid growth and application…

Solana’s Froganas collection hopped to the top of the non-fungible tokens market on Friday with a notable sales performance, amassing US$1.45 million in the past 24 hours leading to 11 a.m. ET Friday. This surge represents a 20.49% increase in sales, according to data from CryptoSlam. The collection also experienced a substantial rise in market activity, with transactions climbing by 24.95% to 3,701, snatching the top spot from Pandora, an Ethereum-based ERC-404 collection. Pandora, which led yesterday’s sales chart, lost 28.53% of its sales volume but managed to cling to the third spot with US$1.16 million. Bored Ape Yacht Club…