Author: Crypto News Live

Este artículo también está disponible en español. Ethereum has been making waves in the crypto market, reaching its highest levels since June after hitting a local high of $3,688 just hours ago. This impressive price action has sparked excitement among investors and analysts, with many anticipating further surges in the coming hours. Ethereum is now eyeing a breakout above its yearly highs, which could set the stage for an even more aggressive rally. Related Reading Crypto analyst Carl Runefelt shared a technical analysis on X, highlighting the significance of Ethereum’s current resistance. According to Runefelt, ETH is at a critical…

Telegram game W-Coin has introduced an inactivity rule ahead of its upcoming airdrop on The Open Network (TON). While this is standard practice for tap-to-earn games, it is unusually brutal for players. Anyone who is offline for three days will have 5% of their supply burned each day until they log back in. By comparison X Empire, another tap-to-earn game, allowed players 30 days of inactivity before any tokens were touched. “This ensures only active players shape the W-Coin ecosystem, increasing opportunities for them to earn,” W-Coin posted in a Telegram announcement, adding that it will help boost W-Coin’s price…

Over the past couple of years, the NFT sector saw a massive decline in sales and item prices across the board. Still, the activity in the NFT space is relatively abundant, and it would be wrong to say NFTs are dead, especially if we take into account the emergence of Blur as the most active NFT marketplace, a more than +100% increase in trading volume in October, and other indicators that show NFTs are here to stay. There has been a growing debate about the sustainability of the NFT market and whether it is just a passing fad or a…

Este artículo también está disponible en español. While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle. Based on this analysis, the ETH price could be on track to hit a remarkable new price target above $20,000.  Ethereum Price Eyes New Target Above $20,000 Mr Tycoon, a TradingView analyst, has shared…

Ethereum’s surge to $3.6K is more speculative in nature, as whales capitalize on high volatility.  With open interest (OI) reaching an all-time high, the $4K target for ETH seems more distant. Ethereum [ETH] has surged nearly 15% this week, reclaiming $3,600 for the first time in seven months. Despite a week of profit-taking and consolidation after each long green wick, no significant pullback has occurred. FOMO-driven buying suggests leverage on retracements, with weak hands exiting, positioning ETH for a potential rebound. However, this rally is largely driven by high-leverage futures, with open interest for both longs and shorts hitting a…

Off The Grid secured the Game of the Year award at the 2024 GAM3 Awards, held live for the first time in Manila on Nov.22. Developed by Gunzilla Games, the Web3-enabled, free-to-play, third-person battle royale game also won awards for Best Shooter Game, Best Multiplayer Game, and Best Action Game, marking a significant achievement in the blockchain gaming industry. Hosted in partnership with Yield Guild Games (YGG), the GAM3 Awards recognized excellence across 21 categories, celebrating the progress of the Web3 gaming sector over the past year. The event featured an increased prize pool of $5 million, comprising grants, products,…

In an era where luxury brands are gradually embracing blockchain technology, JMJ Mach is taking a bold step forward by combining traditional watchmaking with NFTs and blockchain in a way that goes beyond simple authentication. The company is pioneering a new category of “phygital” timepieces that exist both as physical luxury watches and unique digital assets. Redefining Luxury Through Digital Innovation At the heart of JMJ Mach’s innovation is their unique approach to watchmaking. Each timepiece features a one-of-a-kind character printed on the dial that is minted as an NFT, creating a truly unique piece both physically and digitally. As…

Mars4, a Web3 gaming ecosystem, has announced a strategic partnership with Zesh, an AI-powered GrowthFi platform. This partnership is aimed at improving and advancing community development and participation in Web3 Gaming. By combining Mars4’s immersive virtual experiences with Zesh’s advanced technologies, the two entities are set to transform how gamers and communities connect globally. 🚀 Zesh x Mars4 PartnershipWe’re beyond excited to announce our collaboration with @mars4_me , an innovative ecosystem revolutionizing gaming through immersive experiences and Web3 technology. Together, we aim to supercharge community growth and bring unparalleled engagement to… pic.twitter.com/orwXM1OEY3 — Zesh (@ZeshApps) November 27, 2024 Zesh Empowering…

Institutional players doubled on ETH as CME Futures OI hit a record high of $2.5 billion With ETH gaining ground against BTC, will the momentum be sustainable this time?  Institutional interest in Ethereum [ETH] more than doubled in November, with CME Futures Open Interest (OI) hitting a record high of 662,600 ETH (about $2.5 billion). In fact, according to K33 Research, this pointed to a sharp jump from 350,950 ETH on 4 November, just before the Presidential elections in the United States.  Source: K33 Research ETH closes in on BTC On 25 November, the CME ETH Futures volume climbed even…

SunPump, a meme-driven crypto ecosystem, partners with RealGo, a gamified NFT adventure platform. They join forces to introduce a Pokemon-inspired adventure that combines memes, gaming, and NFTs. This innovative partnership offers players a chance to explore the vibrant world of SunPump memes through an engaging and interactive experience. 🥳We are excited to announce that SunPump is teaming up with @Realgo2moon, your gateway to hunting memes and NFTs in a Pokémon-style adventure! 🕹️This exciting collaboration adds a playful and immersive twist to meme culture, giving gamers a fresh and interactive way to explore… pic.twitter.com/kB9WKCn1L4 — SunPump (@sunpumpmeme) November 27, 2024 SunPump…