Author: Crypto News Live

The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. The crypto market, exhibiting signs of recovery, has taken a U-turn. According to the latest data, the global crypto market cap has dropped by over 2% in the last 24 hours. In comparison to last week’s $93 million NFT sales volume, this week has witnessed a modest 7% drop in sales: NFT sales volume plunged to $89 million. The Ethereum (ETH) network retains its first ranking in terms of volume. Solana dethrones Bitcoin (BTC) to claim the second position. NFT buyers surge…

Isn’t it familiar for you to hear about the Bitcoin’s privacy problems? Multiple cryptocurrency critics attacked the whole industry based on these security issues. In spite of the criticism, the cryptocurrency community already provided various solutions specifically for the privacy demanding use-cases. Zcash (ZEC) is an anonymity-first cryptocurrency, and it is it’s a most significant advantage. Zcash was designed to offer exceptional privacy for cryptocurrency users. Founded by Zooko Wilcox, the coin was fast to become one of the favorites of the cryptography community. Even Edward Snowden himself complimented the coin’s architecture. He specifically praised the professional and scientific approach…

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The markets saw an influx in Ethereum into derivative exchanges. Recent charts showed a possible 4-hour bullish divergence on ETH. Ethereum [ETH], being one of the major cryptocurrencies, has been the subject of discussion as an influx of 96000 ETH into derivative exchanges recently indicated a notable rise in market activity. Historically, similar inflows led to ETH price swings or downturns, as seen in May and July this year. This increase could signal another price correction or possibly set up a major market shift. As the year’s final quarter unfolds, Ethereum’s performance might closely follow Bitcoin’s recent breakout from a…

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RavenCoin is a classic digital currency that runs a peer-to-peer system. Being a more advanced hardfork of Bitcoin, Ravencoin puts a heavy focus on reliability, anonymity, confidentiality, publicity, open access and much more. Unlike Bitcoin and Ethereum, Ravencoin serves to transfer the ownership of assets. Each transmitted object is represented by an unmarked token created by a user of the Ravencoin platform. The project was launched in 2017, and Ravencoin ICO was organized on January 3rd, 2018. VOTE tokens were given to the RVN holders in 1:1 ratio. Today, it’s 41st cryptocurrency in the Top-100, and the development team is…

Este artículo también está disponible en español. Ethereum has experienced a sharp retrace, dropping over 13% since Monday and stirring concerns among investors who had anticipated a breakout. This sudden pullback, which took ETH as low as $2,380 on Friday, has injected a sense of worry into the market, leaving many to question the strength of its recent rally. However, on-chain data from Santiment reveals an intriguing development—whale activity in Ethereum surged to a six-week high just as the price dipped. Related Reading This spike in large transactions suggests potential accumulation by whales, a pattern often viewed as a bullish…

Base ranks third after Solana and Ethereum in the list of blockchains with the highest volumes. Daily transactions soar to a new all-time high of $6.52 million, aided by strong address growth. The Base chain has been one of the fasted growing networks in 2024 and has clearly been aiming for the top spot. But just how close is it to achieving that goal? The latest findings indicate that it was already rubbing shoulders with the top blockchains that offer intense competition. A recent GeckoTerminal ranking reveled that Base had the third-highest weekly volume. It was outperformed by Solana [SOL],…

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Ethereum whales jumped on the “dip” as prices slid to $2.3K.  Despite a slight rebound, uncertainty still looms. Ethereum [ETH] was grappling with its toughest market cycle yet, posting a weekly decline of over 6%. As the worst performer among the top five altcoins, this downturn prompts critical questions about its future. Faced with increasing competition from Solana [SOL] and evolving market dynamics, Ethereum’s resilience will undergo a significant test in the coming weeks, especially as there is… Too much leverage in the market Historically, a spike in the Margin Lending Ratio has triggered forced selling, resulting in a price…