Author: Crypto News Live

Bitcoin’s $2.04 billion options expired with a max pain of $101K, trading now at $95,202. Ethereum faces sharper declines, losing 10.5% in a day, below its $3,750 max pain level. The crypto market is seeing heightened activity following the expiry of major Bitcoin [BTC] and Ethereum [ETH] options contracts.  On 20th December, 21,000 BTC options expired with a notional value of $2.04 billion, while 173,000 ETH options expired with a notional value of $590 million.  Bitcoin’s Put-Call Ratio stood at 0.87, suggesting a leaning toward bullish sentiment, while Ethereum’s lower Put-Call Ratio of 0.5 reflected stronger optimism among traders. The…

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…

Doodles founder Scott Martin hinted at a potential token launch for the NFT collection in a cryptic post on the X platform. Community members noticed that the first letters of each phrase spelled out “token is coming,” fueling speculation about a token launch for the project. That excitement translated into market activity, with the collection’s minimum price rising from 4.3 ETH to 6.5 ETH, according to CoinGecko. With this surge, Doodles cemented its position as the sixth-largest NFT collection by market cap, valued at $220 million. The buzz around the potential token launch follows Doodles’ recent collaboration with McDonald’s, which…

Ragnarok Landverse, a new Web3 version of the classic MMORPG Ragnarok Online, will launch on Sky Mavis’ Ronin Network in early 2025. Ragnarok Landverse: Genesis is the result of a partnership between Ronin Network and blockchain gaming studio Zentry. Terms of the deal have not been disclosed, but this brings more players and fans into Web3 gaming. A Classic Goes On-Chain Ragnarok Online was first released in 2002 by South Korean company Gravity. It became a global phenomenon, with over 100 million players and over $2 billion in revenue. Over the years, the franchise has been known for its immersive…

Ordeez bridges Bitcoin and NFTs with ordinal derivatives for enhanced security. Ordeez preserves NFT attributes, ensuring authenticity and preventing counterfeiting on Bitcoin. Ordinals, the unique data inscriptions on the Bitcoin blockchain, are rapidly gaining attention in the crypto world. As this innovative concept evolves, projects enhancing its utility become focal points within the community. Ordinals allow users to inscribe arbitrary data, such as images, text, or even code, onto individual satoshis—the smallest unit of Bitcoin. This development has unlocked a new layer of creativity and functionality on the Bitcoin network, enabling use cases that extend beyond traditional financial transactions. The…

BlackRock’s iShares Ethereum Trust ETF (ETHA) has reached 1 million ETH in holdings, worth more than $4 billion. This milestone, attained on December 18, 2024, is a remarkable feat for the fund, which was founded only six months earlier in July. As institutional interest in cryptocurrencies grows, this ETF emerges as a frontrunner among newly released Ethereum products. Institutional Interest On The Rise BlackRock’s growing holdings in Ethereum ETFs are part of a bigger trend of big companies investing in cryptocurrencies. In 2024, billions of dollars were invested in new Bitcoin and Ethereum exchange-traded funds. According to blockchain tracker Lookonchain,…

Every year, my company Emfarsis partners with the Blockchain Game Alliance (BGA) to conduct an industry-wide survey of blockchain gaming professionals. And every year, the overwhelming majority of respondents agree that digital asset ownership is the single biggest benefit that blockchain can bring to games; this year was no different, with 71.1% ranking it number one. Even with more people joining the industry — in 2024 we had three times as many respondents as compared to the inaugural survey in 2021 — it’s always digital asset ownership that comes out as the industry’s undisputed North Star. But while we hail…

Pentagon Games, a worldwide leading platform in the GameFi sector, has started a collaboration with a decentralized organization TRON DAO. The partnership targets to advance blockchain technology as well as dApps, to offer an innovative digital realm on TRON, permitting users to develop and tailor immersive virtual experiences. The platform disclosed this partnership in an exclusive press announcement. Offering a Seamless User Experience with VR, AR, and AI Pentagon Games asserted that, in collaboration with TRON, it focuses on providing users with its award-winning VR, AR, and AI-powered technologies. The partnership offers an unparalleled blend of social interactions and gameplay…

Ethereum whales sold 60,000 ETH valued at more than $200M after the price dropped to a weekly low. At the same time, positive netflows to exchanges have spiked to a weekly high.  Ethereum [ETH] was trading at a weekly low of $3,683, at press time, after an over 4% drop in 24 hours. While this dip brings Ethereum’s seven-day losses to 6%, the largest altcoin still sits on a 17% monthly gain.  The recent dip brought the total ETH liquidations to $124M, whereby $108M were long liquidations. As long buyers rushed to close their positions, Ethereum whales also reduced their…

Crypto gaming franchise Pixelverse is launching a new tactical deck builder game that transforms popular cryptocurrency memes into playable characters, the firm announced Thursday. MemeBattle will feature characters based on the mascots of Base network meme coins, including Brett, Toshi, Keyboard Cat, Dog in Me, Mr. Miggles, Mochi, Ski Mask Dog, and Mochi. Players will be able to build squads using the meme coin-based characters and compete in battles to earn rewards. Characters from other crypto projects including Pudgy Penguins, Turbo, and Mew will also be featured. Promotional artwork showing meme coin mascot Brett. Image: Pixelverse A Pixelverse representative told…