Author: Crypto News Live
Following weeks of declines, Ethereum (ETH) seems to have begun its recovery, closely tracking Bitcoin’s upward movement. As of today, ETH has reclaimed the $3,300 level, reflecting a 7.5% increase over the past week. This rebound has sparked renewed interest among market participants, who are closely watching Ethereum’s next moves, particularly in light of improving market sentiment and key metrics indicating the potential for further gains. Renewed Market Optimism Observed, Road To $3,500? A CryptoQuant QuickTake Platform contributor ShayanBTC recently highlighted that Ethereum is consolidating within a range of $3,200 to $3,500. According to Shayan, market dynamics around this price…
Ethereum’s 4% surge in the past 24 hours has brought renewed hope, pulling millions of addresses back into the green. With the market bouncing back from a recent correction, can ETH make a run for $4K, or is it still out of reach? After months of patience and a 62% dip in post-election gains, Ethereum [ETH] HODLers finally have a reason to celebrate. With Bitcoin hitting a new all-time high, ETH has surged, bringing 7.57 million addresses—those who bought at up to $3,367—back into profit. With momentum building, could another 23.5 million addresses soon join the profit party? The stage…
Ethereum was nearing a critical breakout, eyeing $3,495 resistance within a bullish wedge pattern. Positive metrics, including rising addresses and declining reserves, strengthened Ethereum’s upward momentum. Ethereum’s [ETH] history shows a strong tendency to trade above the 3.2 MVRV Pricing Band during bullish cycles. Currently, this key level is at $7,000, representing a significant milestone for the asset. Ethereum was trading at $3,397 at press time, marking a notable 5.76% increase in the past 24 hours. Therefore, market participants are closely monitoring its next move as Ethereum appears poised for a potential breakout. Is ETH breaking out of its descending…
Ethereum’s supply has surged to 120,501,906, and it is currently approaching its highest level in nearly two years. The number of validators on the network has also dropped by around 2% in the last three months. Ethereum’s [ETH] has recorded a significant increase in its total supply, which is approaching its highest level in nearly four years. The rising supply is hindering Ethereum’s potential for gains given that in recent months, it has underperformed against Bitcoin [BTC] and other top altcoins. ETH supply nears two-year high CryptoQuant data shows that ETH’s supply currently stands at 120,501,906, which is its highest…
Since the bear market of 2022, Web3 gaming has faced significant hurdles, such as player engagement sustainability, lackluster funding models, and competition from new technologies like AI-driven dApps. Addressing these challenges in 2025 will prove vital for the sector’s long-term viability. Industry leaders from the gaming sector explained that project builders need a shift in mindset, with the emphasis primarily on the game itself rather than blockchain technology and complex tokenomics. The State of Blockchain Gaming According to the DappRadar’s latest rankings, Befriend AI by Xterio, OasChoice, LOL, and MEET48 led the metrics for the most popular blockchain games in…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
The NFT sector has recently expressed a remarkable activity this week. As per Phoenix Group, CryptoPunks has dominated the NFT market by securing the all of the top ten sales during the recent seven days, signifying a growing appeal as a leading NFT collection. The on-chain analytics provider took to social media to share the surging position of CryptoPunks. TOP #NFT SALES IN THE LAST 7D Among largest sales in the last 7D are: #CryptoPunkLargest Sale: CryptoPunk #5402 – $560.17K pic.twitter.com/lUpfkG5gaD — PHOENIX – Crypto News & Analytics (@pnxgrp) January 19, 2025 CryptoPunk #5402 Dominates Top Ten Weekly NFT Sales…
Ethereum has historically soared in Q1, with returns often doubling However, with growth slowing down, the stakes are now higher Remember Election Night last year? Well, Ethereum recorded its longest green candlestick in three months at the time, soaring by 12% in a single day to close at $2,721. Fast forward to 19 January and now, it’s 20% off its $4,015 peak from that rally. With so much unfolding at the moment, the upcoming week will put ETH’s history of bullish Q1 to the test – Will it deliver? In crypto, history matters Ethereum has historically thrived in Q1, with…
Ethereum (ETH) seemed to be forming a bullish W-pattern on the weekly chart Altcoin’s Market Value to Realized Value (MVRV) ratio highlighted its fair valuation Ethereum (ETH), at the time of writing, was forming a bullish W-pattern on the weekly chart, signaling a potential trend reversal and significant upside. In fact, the altcoin seemed to be holding above the critical $2,947 support – A level that is now serving as the neckline of this formation. This support zone is pivotal in determining Ethereum’s trajectory, with price targets set at $4,103, $4,788, and $5,568, as highlighted on the chart. A breakout…
While the TRUMP memecoin has stolen the headline since it launched late on Friday, the Donald Trump NFT collection also quietly posted a 400% surge throughout the day on Saturday. Crypto stakeholders were expecting regulatory clarity and more friendliness toward the industry. Nobody saw him launching a memecoin days before his inauguration. According to reports, the incoming POTUS did not inform those in his circle of his plans to launch a memecoin. The token launch went live hours before the inaugural crypto ball hosted by Trump’s White House Czar, David Sacks. Analysts calm talks of reward for NFT holders Growing…
