Author: Crypto News Live
NFT Evening analysts say 96% of 5,000 NFT collections are dead in 2024. Table of Contents End of an Era The Rise and Fall of OpenSea What will happen to the NFT market? The report reveals the state of the non-fungible token market and its problems in 2024. According to experts, 96% of more than 5,000 existing NFT collections are “dead.” This means that they have zero trading volume, no sales for more than seven days, and no activity on the X social network. Source: NFT Evening Analysts note that 4 out of 10 NFT owners currently need to make…
A cluster of $410 million worth of ETH could be liquidated. Ethereum price action and whale activity are bullish. Ethereum [ETH] has shown notable strength over the past two weeks. As the largest altcoin by market capitalization and a key player in the blockchain space, Ethereum’s performance significantly impacts the broader crypto market. According to data from Coinglass, $410.17 million worth of ETH could be liquidated if it reaches the $2,616.57 price level. This was because price often gravitates toward zones with high liquidity, where larger traders, or “whales,” can execute trades at more favorable prices. These zones of concentrated…
Flappy Bird is back! And it’s a Telegram crypto game—who’d have thought? The iconic mobile game took the world by storm in 2014, but went dark after its mysterious creator decided it was gaining too much attention. At its peak, Flappy Bird had attracted 50 million downloads, topped the charts in 100 countries, and was allegedly raking in $50,000 from ads every single day. When the game was removed, the world went nuts. Devices with the game still installed were offered for sale for upwards of $90,000 as people itched to guide the iconic cartoon bird safely through an obstacle…
Chainlink (LINK) has recently captured the attention of the cryptocurrency market with a remarkable price surge. Over the last 30 days, LINK’s price has climbed by 23%, placing it among the top gainers within the top 20 cryptocurrencies. This impressive growth stands out in a market that has largely been characterized by sideways movement and uncertainty. At the time of writing LINK-USDT is trading at $12.36 on Gate.io.Chainlink, a decentralized oracle network that enables smart contracts to securely interact with real-world data, has long been viewed as a pivotal player in the blockchain ecosystem. Its technology is essential for a…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke…
Amsterdam, Sept. 20, 2024 (GLOBE NEWSWIRE) — In the fast-moving world of cryptocurrency, memes have played a vital role in shaping both communities and culture. Among the most notable in recent times is #DOGEGOV—The Department of Government Efficiency. What started as a playful jab at bureaucracy has now grown into a meme-powered movement, taking the crypto world by storm. A Meme with Major InfluenceWhile many coins claim to be community-driven, few have captured the attention that #DOGEGOV has. The meme, rooted in humor, pokes fun at inefficiencies in government processes, but its impact goes far beyond the joke. From its…
As expected, Hamster Kombat took a season-ending snapshot of players’ progress Friday as the Telegram tap-to-earn game gears up to launch its HMSTR token and airdrop on September 26. And now we know what’s next for the game, at least for now: an “interlude.” Hamster Kombat’s “interlude season” rolled out in the Telegram game on Friday, scrapping many of the familiar features while the developers calculate players’ airdrop allocations. Gone are the familiar in-game coins, and tapping on the main screen no longer earns you anything at all, it appears. Likewise, the long list of crypto exchange upgrades and the…
Cardano’s blockchain will soon feature its first major gold-backed token, Kinka Gold ($XNK), thanks to a partnership between the token’s issuer and EMURGO, a founding entity of Cardano. EMURGO is a company that plays a crucial role in the Cardano ecosystem, focusing on the commercial development and adoption of blockchain technology. It works to drive the growth of Cardano by creating applications, tools, and services that make the blockchain more accessible and useful for businesses, developers, and users. EMURGO is responsible for forging partnerships with enterprises, developing blockchain-based solutions, and promoting Cardano’s adoption in various industries. It also invests in…
Hamster Kombat Coin (HMSTR) is the native cryptocurrency of Hamster Kombat, a play-to-earn mobile game integrated with The Open Network (TON) blockchain. Whether you’re a seasoned Grandmaster CEO or a newcomer to the project, understanding how to manage your Hamster Kombat tokens is key to getting the most out of the game. In this article, I will explore the possible options for maximizing your HMSTR—through trading, staking, or holding—and help you identify the best strategy moving forward to align with your goals. What Is Hamster Kombat Coin (HMSTR)? Hamster Kombat Coin (HMSTR) is the native cryptocurrency of Hamster Kombat, a…
ETH has surged by 9.03% over the last seven days. An analyst eyes further gains if $2200 support level holds. Ethereum [ETH] has recently experienced a strong recovery in its price, trading at $2553 at press time. This marked a 5.25% increase over the past 24 hours, thus completing a week-long upsurge. As such, on weekly charts, the altcoin has surged by 9.03%. Prior to these gains, Ethereum had been on a downtrend, reaching a low of $2251 last week. Despite the recent surge, Ethereum’s price has remained considerably below its March high of $4070. Equally, it still remains down…
