Author: Crypto News Live

Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $156.13 million, driven by a 115.41% escalation in the number of buyers relative to the preceding week. NFT Sales Tick Up 2.78% to $156M The NFT market demonstrated a tempered expansion this week, with sales reflecting a 2.78% improvement. Notably, the volume of sellers rose by 107.80%, signaling heightened activity across both ends of the marketplace. Ethereum reigned as the dominant blockchain,…

Rumble Kong League, a mobile basketball game with ties to NBA superstars Steph Curry and Paul George, announced plans to migrate its game to Ethereum sidechain Ronin, leaving behind plans to launch on Avalanche. Ronin is a prominent gaming chain that plays host to popular games such as Pixels and Axie Infinity. Rumble Kong League’s developers cited Ronin’s 17.2 million wallet downloads and 18.9 million RON token holders as reasons why the migration is “massive” for RKL. “This isn’t just a partnership, it’s a slam dunk for the future of RKL and our holders,” the project posted on X (formerly…

Whale sentiment hit a 6-month high as addresses holding 1,000-10,000 ETH increased their positions ETH’s staking rate has climbed steadily from 26.25% to 28.4% since early 2024 In a significant shift reshaping Ethereum’s ownership landscape, whale addresses have expanded their control to approximately 43% of the total ETH supply. This marks a dramatic hike from a 22% share in early 2023, according to IntoTheBlock’s data. In fact, large holders have accumulated over 330,000 ETH (Valued at more than $1 billion) in the past week alone, with many now leveraging staking opportunities to strengthen their positions.  A dive into Ethereum’s whale…

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

Talk about a Friday night surprise. President-elect Donald Trump’s social media accounts shared what appears to be an official Solana meme coin called TRUMP, just three days before he’s set to be sworn in for his second term in the White House. Degen traders bought in immediately, generating hundreds of millions of dollars’ worth of trading volume as on-chain sleuths and security experts hunted for red flags. But with Trump’s X and Truth Social posts still live after more than an hour, and some initial red flags cleared upon closer inspection, it appears that this is a legitimate Trump meme…

David Lynch, the American filmmaker beloved for his dark, surreal, and decidedly original body of work, passed away this week at the age of 78. An avid experimenter and experimentalist, Lynch was always open to the new—even when it came to blockchain technology. In 2021, back when NFTs were new and strange to most people, Lynch worked with the indie rock band Interpol to create a series of eight audiovisual collectibles on the Ethereum blockchain. A decade prior, in 2011 Lynch had—at Interpol’s request—created a series of visuals for the band’s performance at Coachella. Those visuals became the five-minute animated…

Sony’s Ethereum scaling network Soneium officially launched Monday, and the network’s creators are billing it as a way to potentially introduce crypto to the masses. But will that include gaming—and specifically, Sony’s juggernaut PlayStation brand and its many popular franchises? Sony Block Solutions Labs Director Sota Watanabe previously told Decrypt that Soneium could onboard “ordinary people” into the cryptosphere, operating in the background as a technical backbone while augmenting experiences in areas like film, music, and gaming. On Soneium’s website, visitors can filter through applications that are currently being built on Soneium, with “gaming” listed under a “consumer” category. The…

A charity NFT project launched Friday from notable artists in the Web3 world, letting minters purchase digital art while supporting families affected by the Los Angeles wildfires, with all proceeds going to a local nonprofit providing emergency supplies to those in need. The “I Heart LA” collection, curated by Web3 fashion startup mmERCH, features digital artwork from seven prominent artists: CryptoPunks creator Larva Labs, Grant Yun, CrypToadz creator Gremplin, Nice Aunties, Chikai, ClownVamp, and Goyong. Anyone who mints one of the Ethereum NFTs will randomly receive one of the seven new works. The pieces will be available for purchase from…

ETH appeared to be forming an inverse head-and-shoulders pattern, which often precedes a significant upward move. Selling pressure was steadily increasing, potentially delaying any price recovery. Over the past month, Ethereum [ETH] has struggled, losing 12.08% of its value. While it briefly rebounded with a 2.69% gain last week, this momentum seems to be fading. The combination of chart patterns and current market sentiment—highlighted by a spike in ETH inflows to exchanges—suggests that its recent 0.35% decline in the past 24 hours could extend further. A bullish pattern is emerging, but… According to analyst Ali Charts, Ethereum is forming an…