Author: Crypto News Live

Este artículo también está disponible en español. Ethereum, the second-largest cryptocurrency after Bitcoin, has reached a significant milestone after its Total Value Locked (TVL) surpassed $90 billion this month. This massive surge marks the highest TVL Ethereum has recorded since April 2022, igniting discussions about the likelihood of a huge price rally in the coming months.  Ethereum TVL Hits New Milestone With $90 Billion Growth Data from DeFi TVL aggregator DefiLlama reveals that Ethereum’s TVL has surged past $90 billion, reaching its highest level since April 2022. This unexpected resurgence signifies a potential comeback for the altcoin giant, further solidifying…

Bitcoin surged past $100K but faced four consecutive days of ETF outflows. Ethereum gains investor traction with stable prices and $53.6M ETF inflows. Following Donald Trump’s victory as the 47th President of the United States, Bitcoin [BTC] experienced an unprecedented bull run. The king coin surpassed the milestone $100,000 mark for the first time, reaching an all-time high of $108,000. This surge was accompanied by massive inflows into spot BTC exchange-traded funds (ETFs), signaling strong investor enthusiasm. Bitcoin ETFs face outflows Nonetheless, the momentum has taken a sudden turn. Bitcoin ETFs have now recorded four consecutive days of outflows, beginning…

contributor Posted: December 25, 2024 ETH has formed an inverse head-and-shoulders pattern, often seen as a bullish indicator that could drive gains. Liquidity inflows and a gradual reduction in exchange supply have increased the likelihood of an ETH rally. After weeks of market declines—including an 8.87% drop over the last seven days—Ethereum [ETH] has begun to recover. The asset posted a 2.41% gain in the past 24 hours, reflecting renewed interest from traders. Analysis by AMBCrypto highlights several market factors suggesting that ETH’s recent uptick could mark the start of a broader upward trend. ETH shows double bullish signals ETH…

Off the Grid has only been available for a couple months, but it’s by far the best crypto game of the year—and it’s not even really close. If we’re talking pure numbers, then Hamster Kombat blew most games out of the water by racking up 300 million players this summer. But the monotonous tap-to-earn mini app ultimately felt like a financialized gimmick thinly veiled as a game, and the resulting airdrop hardly justified the hype. As for Off the Grid, the game impressed both Web2 and Web3-native gamers by offering up a legitimately great competitive shooter that rivals other AAA…

Este artículo también está disponible en español. As 2024 nears its conclusion, Ethereum price fluctuations are being closely monitored. The trajectory of the cryptocurrency is critically influenced by key resistance and support levels, as indicated by recent analysis from crypto experts, which suggests a cautiously optimistic outlook. Related Reading Important Price Levels To Monitor Analyzing cryptocurrencies, Justin Bennett emphasized the importance of Ethereum recovering the $3,540 level over the weekly period on December 22. This pricing range is regarded as necessary to show a potential change in the market toward optimism. Should Ethereum be unable to clear this barrier, it…

Journalist Posted: December 25, 2024 An analyst foresees ETH outperforming BTC in January.  A shift in ETF flows and seasonality data supported this outlook.  Ethereum [ETH] could outperform Bitcoin [BTC] in January if the market shift seen in the past two days continues.  According to crypto analyst and investor Michael van de Poppe, ETH’s outperformance could be likely due to outflows in U.S. spot BTC ETFs while ETH recorded inflows.  For context, BTC ETFs have seen four consecutive daily outflows, unlike ETH, which saw positive inflows worth $183M in the past two days. This could be considered a positive outlook…

As a testament to the development of the GameFi ecosystem, Pioneer | Ultimate Playability Test Live is thrilled to form a strategic partnership with Don’t FOMO, a revolutionary DeFi game on Matchain. The news was revealed on Pioneer’s official social media pages on December 24, 2024, a breakthrough in the development of blockchain games. 🎉 We are pleased to announce a partnership with @TheRealDontFOMO ! #Don’t FOMO is a revolutionary decentralised game on Matchain that combines strategy, excitement, and rewarding gameplay. Built on blockchain technology, it offers transparent and fair opportunities for all… pic.twitter.com/svh1UlcVSY — Pioneer｜Ultimate Playability Test Live (@0xpioneer)…

Este artículo también está disponible en español. The Ethereum price is showing signs of a breakout, as an analyst has identified the formation of an inverse head and shoulder pattern on its 6-month long-term price chart. This bullish formation has fueled predictions that Ethereum could rally to $12,000 soon, marking a new all-time high for the second-largest cryptocurrency by market capitalization.  Ethereum Price Targets $12 With New Chart Pattern In a Tuesday X (formerly Twitter) post, crypto analyst Tony Severino released an Ethereum price chart illustrating an inverse head and shoulder, a technical analysis indicator signaling a potential trend reversal.…

The key support level for Ethereum was at $3K zone and the key resistance wall was at $3.7K. Binance whales continue to put selling pressure on ETH as the price found a local bottom. Analysis of the “In/Out of the Money Around Price” for Ethereum’s [ETH]  found its most significant support between $3,030 and $3,130, a zone where a majority of holders had purchased their ETH. The key resistance, conversely, lay between $3,640 and $3,740, beyond which a rally continuation seemed probable. At the time of writing, 51.58% of ETH’s volume was “In the Money”, indicating profitability, whereas 48.04% was…

Non-fungible tokens (NFTs) outperformed their fungible peers over the past seven days, with the 10 largest collections registering a 6.4% average gain in the period, according to price aggregator NFT Price Floor. Meanwhile, the fungible token sector registered an average performance of negative 8.6%, with only native tokens from centralized exchanges recording positive returns. Mixed performance The NFT collection with the most significant upside was the Space Doodles, with a 44.7% upside in their dollar-nominated price. Pudgy Penguins’ secondary collection, Lil Pudgys, went up by 35.1% and had the second-largest returns among the top 10 collections. This performance was closely…