Author: Crypto News Live

Digital art platform to wind down services, reflecting broader challenges in the NFT market. On Jan. 17, MakersPlace, a digital art platform founded in 2018, announced its decision to shut down. The platform operated as an NFT marketplace, allowing artists and collectors to create, buy, and sell digital artworks. However, ongoing challenges in the NFT industry and difficulties in securing additional funding prompted the decision. 1/6 MakersPlace Announces Market Exit 🔳After 6 incredible years of supporting digital art, MakersPlace is ceasing operations. Here’s what it means for our artists, collectors, and supporters—and how we’re ensuring a smooth transition. 🧵↴ —…

Ethereum’s price surged to $3,380, marking a 4.6% hike within just 24 hours Recent whale deposits on Kraken, alongside rising OI, hinted at potential short-term price pressure Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to exhibit dynamic market trends in early 2025. A giant whale recently deposited 20,000 ETH (Valued at $67.6 million) into Kraken, reigniting discussions about large-scale investor activity and its influence on Ethereum’s price movement. This whale, who once withdrew 217,513 ETH from exchanges in September 2022, has been actively engaging with Kraken since March 2024.  Such moves often signal significant shifts in market sentiment…

HeLa Space and Funton.ai have announced their strategic collaboration to push the boundaries of gaming and Web3 experiences. This partnership aims to reshape the future of gaming with Web3 innovations by providing mini-app games in a variety of personalized T2E (Token-to-Earn). We’re excited to announce our newest collaboration with @funton_ai!https://t.co/ns69zDWJIX is a modular multi-game platform on Telegram & LINE, offering exciting T2E mini-app games and the leading Funton GameFi-as-a-Service (Funton GaaS), enabling Web3 projects and ecosystems… pic.twitter.com/zE9TmnlfEU — HeLa Space 🍀 (@HeLa_Labs) January 16, 2025 HeLa Space, a decentralized digital ecosystem platform, has witnessed the partnership via its official X…

Rarible has announced a new partnership with Analog to enhance cross-chain NFT interoperability. The aim of this collaboration is to make minting, management, and the interaction of NFTs with different blockchains easy. The news was shared through Rarible official X account. Analog is landing on Rarible! 💜💛We’re teaming up with @OneAnalog to streamline cross-chain NFT interoperability. This partnership will make minting, managing, and interacting with NFTs across chains easier than ever. 🎉It sets a new standard for innovation in the NFT space,… pic.twitter.com/7s5hyY1JOQ — Rarible (@rarible) January 16, 2025 NFT Industry Takes a Leap with Multichain Operability as Core Principle…

The non-fungible token (NFT) market faced its worst performance in four years in 2024, with trading volumes and sales dropping by 19% and 18%, respectively. 2024 NFT Trading Volumes Fell to a Quarter of 2022 Levels The non-fungible token (NFT) market experienced its worst performance in four years in 2024, with trading volumes and sales down 19% and 18%, respectively. Dappradar data shows that while the 2024 NFT trading volume of $13.7 billion dwarfs the $74 million recorded in 2020, it’s four times less than the $57.2 billion registered in 2022. Interest in NFTs has gradually declined since peaking in…

Ethereum faces heightened volatility following the latest CPI data, sparking market speculation In light of the CPI data announcement, ETH Open Interest spiked to over $6 billion The latest U.S. Consumer Price Index (CPI) report indicated a 0.4% hike in December, bringing the annual inflation rate to 2.9%. This uptick, primarily driven by rising energy costs, has significant implications for financial markets, including cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Market reactions to CPI data Following the CPI release, Bitcoin’s price rose by 4.12% to approximately $100,510, reflecting investor optimism about potential Federal Reserve interest rate cuts. Ethereum also saw…

Changelly has recently partnered with Revolut to make crypto purchases even easier and more affordable. Our users can now buy over 30 cryptocurrencies, including BTC, ETH, and stablecoins, with over 20 fiat currencies. Payment options include Revolut Pay and debit/credit cards. Here’s a comprehensive and easy-to-follow guide to help you purchase cryptocurrency on Changelly using Revolut. Step 1. Initiate the Transaction Go to the Buy tab on the Changelly website or app. Enter the amount of fiat currency you want to spend, and select the cryptocurrency you wish to purchase.  Click the Buy button to proceed. Choose your preferred payment…

The 3D adventure ARPG Spot Zero from the developers Tarta Games has revealed an upcoming event for the 0xMantle Collection NFT. In the first stage of the Astral Core event, participants will receive some benefits that bring additional value to those who own NFTs in the game’s economy. 🎉 Exciting news for Citizen of @0xMantle NFT holders! 🎉During Stage 1: Unboxing the Spot Zero Astral Core, your NFT gives you exclusive benefit:🔑 Extra Keys when completing the on-chain asset verification!Don’t miss out on this head start for unlocking epic rewards:… pic.twitter.com/FPStyEge7C — Spot Zero (@SpotZero_Game) January 15, 2025 Stage 1:…

MyTonWallet, a self-custodial wallet for The Open Network blockchain, launched NFT card customization on Jan. 15. The latest v3.2 update allows users to personalize their wallet interfaces using rare non-fungible token cards. The feature builds on a two-year initiative when MyTonWallet first introduced exclusive NFT cards minted on The Open Network blockchain. These cards can now be used to customize the wallet’s design by adjusting the interface and color scheme to match the chosen card. “Blockchain technology empowers users, but personalization often takes a backseat,” Alexander Zinchuk, founder of MyTonWallet, said in a press release sent to crypto.news. “With NFT…

DeepLink has signed a strategic cooperation with SoonChain, an AI Layer-2 blockchain gaming platform that aims at changing the landscape of Web3. The partnership integrates SoonChain’s state-of-the-art AI-Generated Gaming (AIGG) solution, which helps game developers design engaging blockchain games. 🎮🚀Game On!We’re excited to announce a groundbreaking partnership between @DeepLinkGlobal and @soonchain_ai — an AI-powered gaming L2 designed to revolutionize Web3 gaming.SoonChain’s AIGG (AI-Generated Gaming) technology empowers developers of all skill levels to create… pic.twitter.com/qCoRpESKYk — DeepLink (@DeepLinkGlobal) January 14, 2025 The use of AIGG technology erases conventional programming elegance and brings Web3 gaming to the mass market. This toolset is…