Author: Crypto News Live
Rekt Drinks sold out its entire batch of flavored sparkling water—the firm’s first-ever product release—in under 48 hours of launch earlier this month. Ovie Faruq (aka OSF), the co-founder of Rekt Brands, believes this proves that the crypto industry’s track record of building communities also lends itself to selling physical products. “In my opinion, Web3 principles allow you to build a brand and IP in an accelerated fashion, which creates a window of opportunity to do something big,” Faruq told Decrypt. Rekt Brands and the beverage line spawned from an Ethereum NFT project called Rektguy, from which a community has…
Ethereum is establishing itself as a unique asset, carving out its own identity. Several factors are contributing to this development. Two years ago, the crypto market was rocked by the collapse of FTX, sparking widespread fear and triggering intense regulatory concerns. Fast-forward to today, and the landscape has transformed. The market is back with a vengeance, and Ethereum [ETH] is leading the way. ETH recently broke out of a four-month slump in under five trading days, posting daily gains close to 10%. In early bullish cycles, capital often shifts from Bitcoin into altcoins as investors chase new opportunities for profit.…
Ethereum broke the $3,000 price level recently. Over 2.8 million addresses bought ETH at the current price level, making it a key level. While Bitcoin[BTC] captured headlines with its all-time highs, Ethereum[ETH], often called the ‘digital silver’ also made a notable move. The second-largest cryptocurrency by market capitalization broke above the $3,000 mark, a resistance level that had held strong for months. This breakthrough coincided with record-breaking positive flows in Ethereum’s spot ETF, marking a new phase of bullish momentum. Can Ethereum sustain this rally as it navigates a new territory? Record spot ETF inflow fuels Ethereum’s breakout Ethereum’s ETF…
Ethereum broke out of a symmetrical wedge on the price charts ETH scooped up 70% in RWA tokenization Ethereum’s (ETH) charts saw the first signs that may shut down the narrative of “ETH is Dead.” This, after the altcoin recently broke out of a symmetrical wedge pattern and surged to trade around its $3,000 resistance level, at the time of writing. The aforementioned breakout indicated strong bullish momentum – A sign that ETH may hold its position above $3,000. Here, it’s worth noting that such a decisive move past the wedge’s upper boundary was spurred by couple of metrics in…
Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million. The overall crypto market has been showing strong positive momentum recently. Following Donald Trump’s victory in the U.S. presidential election, Bitcoin (BTC) reached a new all-time high of $77,252.75. As per the latest CoinMarketCap data, the global crypto market cap has risen by 3.29% at press time to $2.6 trillion. The NFT sales volume was $84.6 million last week. But according to recent data from CryptoSlam, the NFT sales have jumped by 16.1%. NFT sales volume increased to $96.1 million Ethereum…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…
Bitcoin surpassed its previous all-time high post-election, while Ethereum approached the $3k resistance Raoul Pal predicts Ethereum could outpace Bitcoin due to evolving regulations and DeFi growth Donald Trump’s victory as the 47th president of the United States has sent positive waves throughout the cryptocurrency market, with some coins surging to new heights. Bitcoin and Ethereum’s price action analyzed Bitcoin [BTC], in particular, capitalized on the post-election momentum, breaking through its previous all-time high which had been set earlier in March. At the time of writing, Bitcoin was trading at $76,121.63, following a 1.58% hike in the last 24 hours…
Ethereum has surged to a three-month high above $2,900 as bullish sentiment strengthens. The rising estimated leverage ratio and funding rates point towards rising speculative activity from derivative traders. Ethereum [ETH] has gained by 20% in just two days, with the price oscillating between $2,400 and $2,950. At press time, ETH traded at $2,922, its highest level in over three months. The recent gains have been accompanied by rising volatility. In fact, the estimated leverage ratio has spiked significantly this week to a seven-day high. At press time, this metric stood at 0.42. This shows that 42% of the open…
Este artículo también está disponible en español. The strong performance of Ethereum in recent days has caught the attention of experts. In several posts on X, prominent fund managers and industry leaders have projected a bullish outlook for Ethereum (ETH), positioning it to outperform Bitcoin (BTC) with a target price of $8,000. This optimism is underpinned by anticipated regulatory advancements for the decentralized finance (DeFi) ecosystem. Why Ethereum Could Outperform Bitcoin Raoul Pal, Founder and CEO of Global Macro Investor, articulated his perspective on ETH’s potential resurgence in a post that has garnered significant attention within the crypto community. “I’ve…
South Korean game developer Delabs Games announced plans to bring the popular role-playing game franchise Ragnarok to Telegram in Q1 2025, following a pivot by the company to embrace the messaging platform’s burgeoning crypto gaming scene. The Seoul-based company’s adaptation of the classic Ragnarok IP will focus on maze exploration gameplay while incorporating new social features designed specifically for the Telegram environment, according to an announcement. The initiative is part of a broader strategic shift toward Telegram by Delabs Games, which has secured new funding from TON Ventures and a private investor. TON Ventures supports the ecosystem of The Open…
