Author: Crypto News Live

The past seven days have seen dynamic activity in the NFT market, with leading collections showcasing varied performances. Azuki remained at the top of NFT sales over the past seven days, with $2.24 million in total sales despite a 31.49% decline in weekly performance. The collection recorded 51 transactions and 33 buyers, marking a significant 45.90% drop in buyers. Pudgy Penguins followed closely in second place, achieving $1.77 million in sales. Despite a 21.89% decrease, this collection saw 29 transactions and 24 buyers. Azuki Elementals ranked third with $1.24 million in sales, reflecting a 38.90% decline. With 182 transactions and…

Ethereum’s funding rate signals a potential rebound for ETH. ETH has declined by 16.48% over the past 7 days. Since hitting $4109, Ethereum [ETH] has experienced strong downward pressure. As such, over the past week, the altcoin has declined to a low of $3095 dropping by 16.48%. Despite the recent dip, Ethereum seems positioned for a comeback to $3,300. This is because Ethereum’s funding rate has cooled since facing two rejections at $4k. Ethereum’s Futures market cools after $4k rejection According to Cryptoquant, Ethereum’s failure to reclaim the $4k resistance resulted in massive liquidations in the futures markets. Source: Cryptoquant…

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…

Farm Frens is a free to play web3 farming game on Telegram. It’s part of the Everseed universe, bringing you fun, rewards and crypto engagement. If you want to mix up your daily mobile gaming or been searching for the next big airdrop in the crypto space, then Farm Frens might be what you need. Below we’ll go into what makes the Farm Frens airdrop worth checking out, how to join and why everyone is so hyped about this game. A Farming Game with a Twist Farm Frens looks like a simple farming sim at first, but beneath the cute art…

On December 22, 2024, Charles Hoskinson, co-creator of Cardano, addressed the blockchain community in a candid and detailed livestream. Broadcasting from Colorado, Hoskinson shared insights about Cardano’s governance, partnerships, and technological advancements while reflecting on the challenges and successes of the year. He offered a roadmap for Cardano’s evolution and expressed his steadfast commitment to the community-driven principles at the heart of the ecosystem. Hoskinson began his livestream by setting the tone for introspection, labeling 2024 as a transformative year for Cardano. The ecosystem faced numerous governance challenges, and Hoskinson did not shy away from acknowledging the philosophical disagreements that…

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…

Whales bought 340,000 ETH in the last 3 days worth more than $1 billion. ETH might have completed its correction as the Long Term Trend Directions is strongly bullish. Ethereum’s ([ETH] whale activity contrasted with its price, showing significant buying during the downturn. Over three days, whales acquired 340,000 ETH, valued over $1 billion, suggesting strategic bulk purchases during price dips. This pattern against a backdrop of general crypto declines, sparked speculation about potential market rebound. Source: Ali/X The activity aligned with historical patterns where substantial buys often precede market recoveries. This hinted that ETH might soon experience a price…

Amid a general crypto market price fall in the past week, Ethereum (ETH) recorded a price correction of over 19.5% finding support at a local bottom of $3,100.  Since then, the prominent altcoin has only shown slight resilience rising by over 5% in the past two days. However, recent data on wallet activity provides much cause to be bullish on Ethereum’s long-term future. Ethereum HODL Addresses Increase Supply Dominance To 16% In a recent QuickTake post, CryptoQuant analyst MAC_D shared some positive insights on the Ethereum market.  The crypto market expert reports that the balance of Ethereum Accumulation Addresses has…

Este artículo también está disponible en español. Ethereum has faced significant volatility over the past few days, with massive selling pressure emerging after the cryptocurrency failed to break above its yearly highs set earlier in December. This price action has left traders and investors questioning the next direction for ETH as it consolidates under critical resistance. Related Reading Despite the turbulence, on-chain data suggests a potentially bullish outlook. Analyst Ali Martinez shared insightful metrics showing that Ethereum whales have been accumulating heavily during this period of uncertainty. According to the data, whales purchased 340,000 ETH—worth over $1 billion—in the last…

Ethereum accumulating address holdings have surged by 60% since August 2024 Volatility took charge of Ethereum’s price action over the last 48 -72 hours Since hitting a recent high of $4,109, Ethereum’s [ETH] price chart has seen a strong market correction. In fact, prior to its press time recovery that saw it gain by over 7% in 24 hours, the altcoin dropped to as low as $3,095. This market correction left many key stakeholders talking. According to CryptoQuant’s analyst Mac D, this correction may have been driven by macroeconomic factors. And yet, at press time, some recovery was in order,…