Author: Crypto News Live
Este artículo también está disponible en español. Ethereum has faced a challenging start to the year, shedding 15% from its recent local highs and dipping to a low of $3,157. The altcoin leader’s decline comes amid heightened market volatility and uncertainty, with many investors reevaluating their positions following the recent selloff. However, despite the downturn, on-chain data suggests that underlying investor sentiment remains robust. Related Reading According to data from IntoTheBlock, Ethereum saw significant outflows from exchanges this week, with net outflows surpassing $1.4 billion—the highest level since November. Such activity often signals strong accumulation trends as investors move their…
SoonChain, a popular AI-driven gaming layer-2, has joined forces with Gaimin, an advanced Web3 gaming platform. The collaboration utilizes blockchain technology to provide users with a more rewarding and immersive gaming experience. The platform took to social media to disclose this endeavor. 🚀 𝐍𝐄𝐖 𝐀𝐈 𝐀𝐃𝐎𝐏𝐓𝐈𝐎𝐍 𝐀𝐋𝐄𝐑𝐓We’re thrilled to welcome @GaiminIo to the SoonChain ecosystem 🌐As a revolutionary Web3 gaming platform, Gaimin is transforming the gaming industry by enabling users to sell their excess GPU power to AI companies. With their… pic.twitter.com/cKzamXxkgo — SoonChain❤️AIGG (@soonchain_ai) January 11, 2025 SoonChain Partners with Gaimin to Revolutionize Web3 Gaming SoonChain pointed out that…
Este artículo también está disponible en español. New reports have revealed a massive exodus of Ethereum (ETH) tokens from various crypto exchanges. IntoTheBlock’s on-chain data shows that over $1.4 billion worth of Ethereum has been withdrawn from exchanges. This large-scale ETH outflow marks one of the largest in recent months, signaling a potential shift in investor behavior. Ethereum Exchanges See Massive Outflows IntoTheBlock, a crypto analytics platform, reported that over $1.4 billion worth of Ethereum was recently moved out of crypto exchanges. This large-scale transfer usually occurs when investors buy a cryptocurrency from an exchange and move it to their…
The NFT market has turned upward despite crypto price weakness, with Bitcoin falling 3% to $94,000 and Ethereum dropping sharply by 9% to $3,200. Even though the broader crypto market cap has contracted to $3.3 trillion from last week’s $3.5 trillion market cap, the NFT market has turned positive. According to CryptoSlam data, NFT sales volume has climbed 10.70% to $155.4 million this week. The rise in total sales comes alongside a notable drop in market participants, suggesting larger trades from fewer buyers. The weekly metrics are as below: NFT sales volume rose to $155.4 million from $132.7 million last…
Leo Caillard, artist of the famous Runestone, is presenting his NFT collection The Stone on Bitcoin Ordinals. Every day, on X, Caillard describes the five levels of rarity of the stone collection, each of which is inscribed on-chain completely 3D with multiple functionalities. Leo Caillard: the artist of Runestone on Bitcoin Ordinals explains the NFT collection The Stone Leo Caillard: the artist who gave shape to the Runestone on Bitcoin Ordinals Crypto Art Leo Caillard: the artist of Runestone on Bitcoin Ordinals explains the NFT collection The Stone Leo Caillard, the artist who shaped the Runestone, is presenting his NFT…
Este artículo también está disponible en español. An analyst has revealed what may need to happen for Ethereum to rally toward the $6,000 mark, based on a pattern currently forming in its price. Ethereum Has Appeared To Be Moving Inside An Ascending Channel Recently In a new post on X, analyst Ali Martinez has discussed a pattern that Ethereum has potentially been following recently. The pattern in question is the “Ascending Channel” from technical analysis (TA). Related Reading Parallel Channels form when the price of an asset consolidates between two parallel trendlines. The upper level of the channel is drawn by…
Fidelity contributed to the weekly sell pressure by offloading $213 million worth of ETH A short term bullish relief may already be playing out Ethereum [ETH] might be about to recover after its latest rally, but a major sale has cast some doubt on that possibility. In fact, an address belonging to Fidelity has reportedly offloaded a significant amount of ETH. A recent Lookonchain analysis revealed that Fidelity transferred 64,997 ETH to Coinbase. This occurred on Friday and the transferred ETH was reportedly worth over $213 million. This transfer occurred after a bearish week and after the cryptocurrency had already…
Ethereum has undoubtedly been under pressure despite the recent bullish rally in the broader cryptocurrency market as it struggles to make any major upside move. A recent analysis by ShayanBTC, a contributor to the CryptoQuant QuickTake platform, has shed light on key factors impacting Ethereum’s performance. In a post titled “Ethereum Faces Crossroads: Funding Rates and $3K Support Key to Sustaining Bullish Momentum,” Shayan highlights the asset’s struggles to maintain its upward trajectory. Funding Rates And The Importance Of The $3K Support Level According to Shayan, Ethereum’s bullish momentum has been significantly challenged by fluctuations in Funding Rates, a key…
Layer-2 blockchain platform, Mint has partnered with the OKX Wallet to release a unique Pioneer Explorer NFT drop. This NFT collection is dedicated to marking the partnership between these two pioneers of blockchain technology and is a testament to a new wave of decentralized systems and digital assets. We’re thrilled to unveil the Mint x OKX Pioneer Explorer NFT, a groundbreaking collaboration with OKX @wallet! This exclusive NFT is a commemorative digital collectible celebrating the Mint × OKX partnership.🎉 Limited to just 20,000 pieces (5,000 reserved for partners), the… pic.twitter.com/V5qmFV0bWj — Mint🍀 (@Mint_Blockchain) January 10, 2025 A Rare Collectible With…
ETH’s short-term outlook shows signs of a bullish reversal around the $3,000 psychological level. On-chain metrics suggest selling pressure, but most ETH holders remain in profit. Ethereum [ETH] was also hit by the recent altcoin correction, dipping over 20% after being rejected at the $4,000 resistance level. However, this downtrend may not be significant, as Ethereum’s technical patterns and on-chain metrics show mixed signals of a potential price recovery or further volatility. ETH approaching key support at $2.8k On the weekly chart, Ethereum’s price movement shows consolidation in a bullish flag pattern—a pattern that often precedes a breakout. The recent…
