Author: Crypto News Live

Drop in new addresses was indicative of the wider lack of ETH demand Price action and Coinbase Premium pointed towards firm selling pressure in recent weeks Ethereum [ETH] has shed 12.44% of its value in the last 30 days, compared to Bitcoin’s [BTC] losses of 4.74% at press time. In fact, ETH has struggled to defend key support levels in the ;ast six weeks. Its affinity to the $3k level and thereabouts has given rise to many jokes made at the expense of ETH holders and bulls. Despite the bearish sentiment, however, whale accumulation has continued. The $30 million withdrawal…

Polymarket odds favor Solana and XRP ETFs over Litecoin amid a price dip. The latter’s ETF prospects face challenges due to regulatory uncertainties and declining market position. The growing popularity of altcoin ETFs, fueled by the successful launch of spot Bitcoin [BTC] and Ethereum [ETH] ETFs, has ignited discussions about similar offerings for other major cryptocurrencies. Among these, Solana [SOL], Ripple [XRP], and Litecoin [LTC] have emerged as key contenders for spot ETF approval. However, Litecoin’s journey to securing this milestone faces significant hurdles. Polymarket odds decline for Litecoin ETF This is evidenced by a shift in market predictions. Notably,…

The developers of wholesome Telegram game Farm Frens and soon-to-launch strategy game Everseed have announced a snapshot date to determine eligibility for an upcoming airdrop. This comes ahead of its token launch on Ethereum layer-2 network Base, which is set for sometime in January. Farm Frens has carried the Telegram torch from games before it like Notcoin and Hamster Kombat, adding a FarmVille-esque spin on the genre. Players earn and spend in-game currency to expand and upgrade their farms, gradually progressing as they build up a potentially larger share of the future token airdrop on Base. 📸 FARM FRENS SNAPSHOT…

ETH’s leverage has surged to $10B in two months.  Historical trends indicated high leverage could negatively impact ETH’s value.  Despite Q1 being historically bullish for Ethereum [ETH], the altcoin’s massive $10B leverage could expose it to liquidation risks and cap upside potential.  Andrew Kang, Co-Founder of crypto VC firm Mechanism Capital, projected ETH could remain range-bound ($2K-$4K) due to this leverage risk. He stated,  “$ETH has added $10b+ in leverage since the election. This unwind will be painful, but $ETH won’t go to zero. It will simply range from $2k to $4k for a very long time”  Source: X Before…

Este artículo también está disponible en español. Ethereum zählt nicht umsonst zu den wichtigsten Kryptowährungen der Welt. Die aktuelle Nummer 2 der Kryptowelt punktet vorwiegend mit seinen Anwendungen für ein dezentralisiertes Finanzwesen. Hier stehen die sogenannten „Smart Contracts“ im Mittelpunkt des Interesses der Wirtschaft. Die „automatisierten“ Verträge benötigen keine zentrale Instanz mehr und schließen Banken zunehmend aus dem Finanzkreislauf aus. Kurskorrektur vor dem nächsten Aufschwung Angesichts dieser Innovation ist es nicht verwunderlich, dass das Ethereum-Netzwerk als zukunftssicher gilt. Trotzdem musste dessen Kryptowährung Ether zuletzt einen Einbruch von rund 10 Prozent hinnehmen. Jetzt befürchten die Anleger einen weiteren Kursrutsch. Angesichts der…

Ethereum has plunged 12% this week, mirroring the broader struggle as altcoins face double-digit losses. Its recovery now hinges more than ever on a wider market rebound. Ethereum[ETH] has lost over half of its post-election gains and is now caught in a high-stakes tug-of-war. With Bitcoin’s consolidation holding back any major breakout, investors are playing it safe. So, given the current landscape, is it time to exercise caution or seize the opportunity? The scale is tipping in favor of… Traditionally, Bitcoin’s[BTC] stagnation signaled the start of an altcoin season – but not this time. Altcoins are struggling to gain traction,…

Bitcoin ETFs shine with $307M inflows, overshadowing Ethereum’s $186M outflows. Shifting trends hint at growing BTC dominance over ETH in ETF markets. Investor interest in crypto-focused ETFs has taken center stage as Bitcoin[BTC] and Ethereum[ETH] show contrasting trends in fund flows. While Bitcoin spot ETFs enjoy significant inflows, Ethereum ETFs grapple with notable outflows. This divergence reveals shifting investor sentiment and raises critical questions about the factors driving these dynamics. BTC ETFs: A beacon of strength? Bitcoin spot ETFs saw remarkable inflows of $307 million last week on the 6th of January, reflecting heightened investor confidence in the leading cryptocurrency.…

52.67% of top traders held short positions, while 47.33% held long positions A section of whales appeared to be accumulating ETH too Ethereum (ETH), the second-largest cryptocurrency by market cap, seemed to be showing signs of a potential price decline after forming a bearish pattern on the charts, at press time.  Ethereum’s (ETH) bearish outlook Worth noting, however, that parts of his bearish trend are not only evident in ETH, but also across major cryptocurrencies such as Bitcoin (BTC), XRP, and Solana (SOL). Since December 2024, ETH has been on a downtrend and has broken down and successfully retested its…

Stablecoin reserves surged to 48 billion USDT equivalent, suggesting significant dry powder on the sidelines Bitcoin exchange outflows intensified while ETH saw mixed flows The cryptocurrency market is seeing a significant slowdown as capital inflows fall and trading volume hits historic lows – A sign of growing investor hesitation in the current market environment. In fact, data revealed a dramatic 56.70% fall in capital inflows, dropping from $134 billion to $58 billion, while trading activity has fallen to levels not seen since before the U.S elections last year. Crypto market trading volume hits pre-election lows Trading volume across major crypto…

Kroma Network, the top stage 2 L2 on the Ethereum ecosystem, has announced its exclusive partnership with W3GG (a decentralized network for gamer talent). The partnership aims to transform the wider Web3 gaming landscape within the Southeast Asia. The platform provided the details of this collaboration in an exclusive X post. 💚 Kroma 🤝 @w3ggofficial 💛We’re thrilled to partner with W3GG, the exclusive partner of #YGG in Southeast Asia, to reshape the Web3 gaming landscape and onboard new users into the Kroma ecosystem.🎮Through this partnership, we’ll collaborate on initiatives to showcase… pic.twitter.com/VYqim3O4jU — Kroma (✳️_✳️) (@kroma_network) January 13, 2025 Kroma…