Author: Crypto News Live

Ethereum reserves on derivative exchanges have surged to the highest level in more than a year as speculative activity rises. Rising open interest also suggests traders are increasingly betting on Ethereum’s future price moves. Ethereum [ETH] has struggled to keep up with the performance of Bitcoin [BTC] and other top altcoins because, in the last seven days, it has dropped by 6% to trade at $3,123 at press time.  Ethereum’s failure to break from bearish trends stems from the lack of adequate demand to counter selling pressure. As AMBCrypto reported, sellers currently have the upper hand, which has prevented a…

Paddle Finance has partnered with Kanpai Pandas to deliver a seamless and secure ecosystem for NFT and ERC20 token transactions. This collaboration brings innovative solutions to Kanpai Pandas’ community, including an integrated OTC swap portal and NFT-backed loan features. Paddle Finance has shared this groundbreaking news with the crypto community through its social media platform, X. It’s Official. Paddle and @KanpaiPandas are Partners!Paddle Finance is a non-custodial liquidity protocol for ERC20s & NFTs. Paddle Finance is building an OTC swap portal directly into the Dojo (formerly PPDEX) so that Pandas can swap ERC20s and NFTs amongst each other! This… pic.twitter.com/2ssEItADvd…

Ethereum ETF inflows hit a high, but bearish sentiment emerges. Futures data highlighted cautious trader sentiment. Moonvember has proven to be favorable for Ethereum [ETH] ETFs. In fact, AMBCrypto reported that the ETFs hit a record inflow of $515 million last week. This milestone didn’t go unnoticed by industry analysts. Eric Balchunas, a senior ETF analyst at Bloomberg, shared the ETF chart on X (formerly Twitter), showcasing a remarkable transition from red to green. Source: Eric Balchunas/X He highlighted this as a significant recovery for ETH ETFs, noting that the dramatic turnaround came after a prolonged period of persistent outflows.…

The industry is evolving with the play-to-earn (P2E) models, where players earn real-world value through in-game activities. This guide will walk you through the steps to build a successful P2E game. P2E games use blockchain, players own, trade and monetize in-game assets as NFTs. Players own true assets, can sell or trade on multiple platforms. Conceptualize and Build Your Game First, identify your target audience and understand the market. Design gameplay that’s fun and has earning mechanics and balance entertainment value with earning potential so players will keep playing. Choose a blockchain and implement smart contracts to secure in-game transactions. Scalability and…

OnChain Lens, an on-chain analyst, claimed that Vitalik Buterin, the founder of Ethereum, made news with NFT activity. Vitalik minted 400 Patron NFTs after bridging 32 ETH from the Ethereum blockchain to Base. Patron NFT project is associated with the Truemarkets Fair launch event, in which over 40% of the TRUE token supply will be distributed to Patron holders during the token generation event (TGE). There are a total of 15071 Patron NFTs available for sale with the minting price of 0.08 ETH per. Each NFT holder will be eligible to receive 666.67 TRUE tokens per NFT. As the crypto…

SOL has seen more activities in the last few days. ETH still holds the lead in other key metrics. The competition between Solana [SOL] and Ethereum [ETH] is intensifying, particularly in transaction fees, as Solana sees a remarkable surge. Recent data reveals that Solana’s fees have surpassed Ethereum’s daily totals, reflecting growing activity on the network. However, despite this spike in Solana’s fees and total value locked (TVL) growth, Ethereum remains the dominant blockchain in terms of overall market value and locked assets. Solana’s fee surge outpaces Ethereum Solana has experienced significant growth in transaction fees over the past week.…

Crypto investment inflows hit $2.19 billion, and YTD net inflows soared to $33.5 billion. Bitcoin dominance strengthened with $1.48 billion inflows amid a record-high $93,477 price. The recent U.S. election has significantly influenced the cryptocurrency market, sparking a surge in investor activity. Global crypto investment products witnessed an impressive inflow of $2.19 billion last week, pushing year-to-date (YTD) net inflows to an unprecedented $33.5 billion, as highlighted in CoinShares’ latest report. This momentum aligned with Bitcoin [BTC]’s meteoric rise to a record-breaking $93,477, propelling the total assets under management (AUM) for crypto funds to an estimated $138 billion. Remarking on…

Notcoin has shared groundbreaking news about launching ‘The Not Pixel Battle’ on Telegram from November 15 to November 30. The event will allow 1024 global communities to fight through nine elimination rounds to be crowned with the Golden Pixel trophy. This is a dynamic tournament where the participants create pixel art based on the received prompt and compete for prizes in PX tokens and the recognition of other participants and the jury. Notcoin Intensifies Competition Each Round The tournament opens with 1024 unique stencils, and each community is tasked with bringing its templates to life on the digital canvas. In…

Immutable, the blockchain gaming giant, recently partnered with Yield Guild Games (YGG), and they have committed to reward players with $1 million through questing incentives. The aim is to make Web3 gaming more accessible and rewarding for players, developers and gaming guilds. YGG leads as a top blockchain-based gaming guild protocol, and the partnership combines Immutable’s technology with YGG’s player-focused community model to create more opportunities in the Web3 gaming ecosystem. At the heart of this partnership is YGG’s integration of Immutable’s Passport, a user-friendly self-custody wallet, and its zkEVM scaling solution, which will roll out in early 2025. The…

According to event reports, Yat Siu will attend the Global Blockchain Show in Dubai on December 12th and 13th. Yat has been passionate about tech and finance from the start and strongly believes that the future of the Internet lies in decentralization. Yat Siu highlights crypto’s major advancements Yat Siu’s stance on the shift toward decentralization is shaped by Animoca’s involvement in Web3 and everything that encompasses the ecosystem. With Animoca, Yat has been behind games, including The Sandbox, Crazy Kings, and Crazy Defense Heroes. Currently, in a podcast focusing on the Global Blockchain Show, Yat dives into his love…