Crypto news

Bitcoin’s price ascend continued in the past 24 hours as the asset flew past $60,000 and tapped a multi-week peak of over $60,500. The altcoins are also in the green, which has boosted the total crypto market cap by more than $70 billion since yesterday. BTC Touched $60.5K After last Friday’s correction that drove BTC to $52,500, the asset recovered some ground during the weekend but went on the offensive hard on Monday, soaring by four grand in 24 hours and briefly exceeding...

Bitcoin’s two-week-long negative streak came to an end on Monday, while the net inflows for the past five-day trading period skyrocketed to over $400 million. The same cannot be said for the spot Ethereum ETFs, as the products continue to bleed out and see little to no actual demand. Spot BTC ETFs Back on Track CryptoPotato reported last week the longest negative streak that the spot Bitcoin ETFs were on, as they saw roughly $900 million in net outflows from August 26 until...

The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an exchange-traded fund of its own. XRP ETF Coming Soon? The effects for XRP were immediate as its price soared from under $0.54 to a multi-week peak of...

Bitcoin added more than seven grand in value in the past week and soared past $60,000 for the first time since the end of August earlier today. The altcoins are also well in the green, with ETH rising above $2,400, LINK exploding by 6%, and even more gains from some meme coins. CryptoPotato reported the substantial crash that occurred last Friday when BTC dumped from over $57,000 to $52,500 in hours. At the time, most experts blamed it on macroeconomic factors as well as the...

The U.S. government is quietly pressuring Nigeria to release Tigran Gambaryan, a Binance executive detained in the country since February. Gambaryan has reportedly faced serious health issues while in custody, prompting calls for his release on humanitarian grounds. Humanitarian Concerns According to a New York Times report, two anonymous senior State Department officials revealed that U.S. diplomats have been lobbying Nigerian officials behind the scenes for his release....

Flowcarbon, a climate tech startup co-founded by former WeWork CEO Adam Neumann, is refunding investor funds following delays in launching its “Goddess Nature Token.” This token was intended to be backed 1:1 by carbon credits, which companies use to offset their greenhouse gas emissions. The startup, which announced a $70 million funding round in May 2022 with notable backers including Andreessen Horowitz and Samsung Next, had raised at least $38 million through token sales. For over two...

The partnership seeks to provide novel gaming experiences for Unioverse’s increasing community. The agreement is a big step toward extending Web3 gaming with top-tier expertise. Random Games has announced a fascinating cooperation with renowned game production company Arctic7, which will focus on extending content potential within the Unioverse, a pioneering sci-fi franchise and game creation platform. This collaboration is a critical step in Random Games’ aim to develop a billion-dollar,...

India topped Chainalysis’ Crypto Adoption Index two years in a row, while the Indonesian crypto market made tremendous strides this year. India has secured the first spot globally in the Chainalysis Crypto Adoption Index this year, followed by nations like Nigeria, Indonesia, the US, and Vietnam. This is the second time India’s grassroots crypto adoption has beaten every other country, as it also topped the index in 2023. Chainalysis released its report on September 11, analyzing the adoption...

Neo X employs GoPlus’ USM to improve node security and real-time risk assessment. The partnership enhances blockchain security by combining on-chain firewalls and powerful AI algorithms. GoPlus, a cutting-edge blockchain security startup, has announced a strategic alliance with Neo X, an EVM-compatible sidechain to the established blockchain Neo. This cooperation brings the GoPlus User Security Module (USM) to Neo X, marking a key milestone as the first decentralized network to use this...

[unable to retrieve full-text content]$WHALE token Stage 1 was announced last month, which gives early adapters and active community members the opportunity to gain tokens via a “invite a friend” program. In the short […] The post Whale is launching a play-to-earn tokens game appeared first on Live Bitcoin News.