Author: Crypto News Live

Immutable and Sequence have partnered to integrate their product offerings. The alliance is targeted at Web3 gamers, a major industry niche Polygon is dominating. The Polygon blockchain has announced its involvement in the collaboration between Immutable and Sequence to accelerate Web3 gaming. Through the collaboration, developers will have the essential toolkit to onboard players, boost monetization, and build next-level gaming experiences. Details of Immutable and Sequence Collaboration Immutable, a popular Web3 gamer, recently teamed up with Sequence to assist developers worldwide in building the next generation of games. Developed by Horizon, Sequence is a leading all-in-one Web3 game development platform.…

CryptoPunks reestablished a floor price of $100,000 this week amid major gains for Bitcoin and the broader cryptocurrency market, marking a resurgence for the prominent NFT project following months of diminished demand. This marks the first time the CryptoPunks floor—aka the price of the cheapest asset listed on a marketplace—has been above $100,000 since June according to data from NFT Floor Price. The rise in floor price has been buoyed by a sharp increase in trading volume for the Ethereum NFT collection, which traded more than $14.5 million in the last week and registered more sales in the last four…

Render (RNDR) surged 50.16% this week despite a 36.42% drop in trading volume, signaling ongoing interest in RNDR. Stacks (STX) saw a 22.55% rise in price but a 59.70% volume decline, hinting at cautious trading behavior. Gala (GALA) experienced a strong 36.85% growth, though trading activity declined by 33.68%, suggesting profit-taking. Over the past week, some tokens have recorded high growth rates. The gain was recorded in Render (RNDR), Gala, Stacks, Flow, and The Sandbox. However, these tokens observe robust market interest even as trading volumes decouple slightly. Render (RNDR) Sees 41.48% Surge in 7 Days Amid Declining Trading Volume…

Metacade released its first game, ‘Gangs of Metacadia’ on the Base blockchain. Developed with the assistance of Jamie King, the co-founder of Rockstar Games, the game introduces players to a world of the neon city where power and tactics define the supremacy of gangs. Gangs of Metacadia strategy game enables the player to control five major gangs, each with their attitude and reason behind occupying the country of the futuristic city of Metacadia. Five Gangs Battle for Control in Metacade’s Game Metacadia is home to five rival gangs, each vying for control. Five gangs also surround Metacadia, and they all…

The golden arches are getting a pastel makeover for the holiday season. Fast food giant McDonald’s and Web3-native brand Doodles revealed a collaboration Thursday, featuring custom cups that showcase the Ethereum NFT collection’s colorful, hand drawn style. On top of that, customers can unlock digital collectibles and content, as well as access co-branded physical merchandise. Dubbed the “GM Spread Joy” campaign, the marketing initiative is being billed as an immersive experience that pays homage to the Crypto Twitter mantra. Available to customers in the U.S., the promotion can be accessed at participating stores among McDonald’s 13,500 restaurants. drinking out of…

A Base-supported generative art project called Artnames turns a user’s name into a unique piece of NFT art. Each piece is created in collaboration with renowned artists from the digital art space. The Artnames project was founded by the artist Arrotu. According to Arrotu’s blogpost, the project is a combination of personalized art with blockchain technology. Users can use Artnames to mint their names into unique digital art “based on the letters and essence of an individual’s name.” In order to receive their own personalized NFT, the user just has to connect their wallet and input their real name or…

Ethereum sees a 20% price increase driven by whale accumulation and exchange outflows. Whale activity suggests growing bullish sentiment and reduced supply on exchanges. Ethereum [ETH] has surged by 20% over the past week, fueled by significant outflows from exchanges and rising whale accumulation, reflecting growing confidence in the asset. Despite the bullish momentum, recent minor corrections have put ETH at a critical juncture, testing key support and resistance levels. As the market waits for clarity, these levels will play a crucial role in determining the next direction for Ethereum’s price. Ethereum exchange flows Ethereum saw significant outflows around 26th…

Phoenix, a leading Crypto analytical platform, has shared its weekly update on the top NFT performers through its social media platform, X. This list highlights the latest trends in the NFT market, showcasing the collections, sales, and marketing. It is driving a significant activity. CryptoPunks are holding significant positions in sales and collections. https://twitter.com/pnxgrp/status/1856634378895421653 Doodle Leading NFT Collections Phoenix has shared the performance of Doodles, a popular NFT collection, which has emerged as a top performer of the week. Its volume has gone impressively to $2.63 million in the last 24 hours. Doodles, known for their playful and colorful artwork,…

Tensor, the Solana-based NFT marketplace, teased more details about its latest venture: Vector.fun, a new platform that will blend social engagement with token trading in a mobile-first app across multiple blockchain networks. The company’s founders shared details about the trading platform on social media on Tuesday, emphasizing that its development spun out of NFT fatigue and the market’s attention becoming “tokenized memetic.” “We saw an explosive new market emerge out of nowhere and we realized it was going to be the horse of this cycle. We knew we had to go in and win,” said Tensor co-founder Ilja Moisejevs on…

The nonprofit foundation supporting the Cardano ecosystem, the Cardano Foundation, has revealed in a recent report that as of Dec.31, 2023, it held $478.24 million in assets, with 82.5% of those being held in ADA, 10.1% in BTC, and the rest in cash and cash equivalents. Source: CardanoFoundation According to the report, the foundation allocated $19.22 million in three key focus areas and spent $4.55 million on operational costs to expand its capacity. Its $23.7 million in expenses for the year, according to its Financial Insights Report, were meant to “improve Cardano’s suitability and recognition as an infrastructure component of…