Author: Crypto News Live
ETH’s performance against Bitcoin was less than ideal, leading to a weekly bearish structure. Until the $2.8k and $3k levels are breached, the outlook will remain bearish. Ethereum [ETH] witnessed a continued increase in gas fees as the network activity marched higher. This is attributed partly to the rising use of decentralized finance (DeFi) platforms on the network and increasing ETH transfer volumes. Technical analysis showed that although the market structure and momentum were bullish on the daily, key resistance levels overhead need to be breached. Ethereum has lost much ground during the consolidation Source: ETH/USDT on TradingView Since the…
Intelligent Hearing Protection Device Market According to HTF Market Intelligence, the Global Intelligent Hearing Protection Device market to witness a CAGR of 11.4% during the forecast period (2024-2030). The Latest Released Intelligent Hearing Protection Device Market Research assesses the future growth potential of the Intelligent Hearing Protection Device market and provides information and useful statistics on market structure and size.This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers,…
ETH could reach the $2,900 level if it closes a daily candle above the $2,700 level. ETH’s Long/Short Ratio stood at 0.927, indicating bearish sentiment among traders. In the ongoing struggling cryptocurrency market, a wallet linked to Vitalik Buterin, the co-founder of Ethereum [ETH] dumped a significant amount of ETH. According to the on-chain analytic firm Spotonchain, on the 29th of September, wallet address “0x556” linked to Buterin deposited 649 ETH worth $1.72 million to Paxos. Wallet-linked to Buterin dump $1.72M of ETH The firm also noted that, over the past 11 days, the wallet had deposited a substantial 1,300…
Ethereum ETFs saw $84.6 million in inflows, but still lag far behind Bitcoin ETF inflows. Despite price dips, Ethereum remained above its 50-day moving average, indicating short-term bullish momentum. The Ethereum [ETH] ETFs have experienced their largest inflow in over a month, according to recent data. Despite this, ETH ETF inflows still significantly lag behind those of Bitcoin[BTC], reflecting a stronger preference for Bitcoin ETFs. First weekly inflow since August Data from SosoValue shows that the Ethereum ETFs saw over $84.6 million in inflows last week, with positive inflows recorded on three out of five trading days. This marks the…
October 2024 is set to be an exciting month for Telegram-based platforms. This month will feature significant airdrop events and token listings, with several high-profile games participating in the airdrop trend. Whether you’re an investor, a blockchain enthusiast, or just a gamer, these events are not to be missed.Understanding Airdrop MechanicsBlockchain projects often utilize airdrops to incentivize their communities and increase token adoption. Essentially, an airdrop involves distributing free tokens to users who meet specific conditions, which can range from simply holding a particular token to completing a series of tasks. Airdrops may be one-time events or distributed over a…
In a remarkable development, over 83000 X Empire NFT vouchers have been sold on Getgems, a platform dedicated to facilitate digital asset transactions, as announced on X Empire’s official X post. This impressive figure translates to more than 5.7 billion $X tokens, highlighting a high demand for digital collectibles and the underlying token ecosystem. X Empire NFT Vouchers on Sale (Source Getgems) The Rise of $X token The surge in sales not only indicates the popularity of the NFTs but also reflects a growing interest in the $X token, which serves as a key component of the X Empire project.…
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Historically, September has been a bearish month for the digital asset market. However, as opposed to investor’s beliefs, this time, cryptocurrencies performed relatively better in September. The higher timeframe chart of the total crypto market cap displayed lower highs and lower lows till August 2024. Analysts thus expected another lower high to form below the $2 trillion threshold. Instead, the crypto market rebounded, touching the previous high of $2.21 trillion and invalidating the bearish thesis. At press time, the crypto market cap’s RVI reading suggested that the sector was primed for a short pullback before a recovery towards the $2.4…
It’s a new era for Telegram crypto games. The long-awaited Hamster Kombat token launch and airdrop happened last week, and while the game is currently in the midst of a short “interlude” season before embarking on an expansive roadmap of future plans, players are starting to look for the next buzzy games to play that haven’t yet launched their own respective tokens. Luckily, we’ve been knee-deep in Telegram games all the while, both playing the other big ongoing games and trying out a bevy of newcomers that are starting to gain traction. Looking to try out a few new Telegram…
Este artículo también está disponible en español. Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing its position. Is Ethereum Superior To Solana? While the prominence of Solana is evident, Sreeram Kannan, the founder of EigenLayer, argued in a post on X that Solana prioritizes low latency and global node synchronization over other core…
