Author: Crypto News Live

The makers of Ethereum NFT card game Parallel—which hit the Epic Games Store in June—are rolling onto yet another new project, announcing a 3D first-person shooter game codenamed “Project Tau Ceti” at Token2049 in Singapore on Wednesday. In Tau Ceti, players will battle across a sci-fi planet using their Parallel NFT avatars. Unlike the upcoming AI-centric game Colony, which will be launched on the Solana blockchain, Project Tau Ceti marks a return to Coinbase’s Ethereum layer-2 network Base—this time on the recently launched B3 layer-3 gaming network. “B3 has the right mixture of technology and team experience to support what…

Memecoins are the latest trend in the cryptocurrency market, driven by their widespread appeal and community involvement. They come in many forms with two of the most popular being Dogecoin and Shiba Inu, which have turned what started as a joke into a meme-based industry worth billions of dollars. Tokens like these are often driven by the hype of memes and social media. They’re also the stuff of legend when it comes to turning a quick profit.Luckily, The Open Network (TON) blockchain offers a friendly, fast platform for trading trades and for creating your very own memecoin. Here’s how to…

Este artículo también está disponible en español. Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level. Although these concerns were eased with a subsequent bounce to $2,460 on September 13, Ethereum remains largely in a downtrend, with a triple-bottom price formation now shaping up. Interestingly, this triple bottom formation is not new for Ethereum. As technical analysis points out, the current price action seems to repeat a similar playout in mid-2021.   Ethereum Fractal Suggests Rally In Q4 According to a technical analysis by…

contributor Posted: September 19, 2024 The triple bottom pattern suggested a potential breakout as ETH eyed the $3,500 resistance. Exchange outflows and RSI levels pointed to a possible bullish move, but network growth remained flat. Ethereum [ETH] is poised for a significant breakout as traders spotted a triple bottom pattern forming in 2024, reminiscent of its 2021 rally. With ETH trading at $2,314, up 0.31% in the last 24 hours at press time, this setup has sparked optimism that Q4 could deliver substantial gains.  Can the triple bottom drive a bullish reversal? The triple bottom is a well-known pattern, often…

A recent report commissioned by Elympics, a Web3 gaming protocol, highlighted how Telegram and blockchain technology have transformed the gaming world. The research report, shared with crypto.news and based on feedback from nearly 1,000 global gamers, shows how platforms like Telegram and the rise of “compete-to-earn” games are driving the adoption of Web3 gaming. The success of Telegram as a gaming platform was evident in the survey results, with 53.56% of players choosing it as their preferred platform for playing mobile games. This highlights Telegram’s growing influence in the gaming space and its ability to attract a large, engaged player…

Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both physical and digital collectibles. Among the collectibles is a unique diamond-encrusted Rubik’s Cube from Eliantte & Co. The initiative also includes a Rubik’s-themed digital comic and a series of digital shorts. Julian Holguin, CEO of Doodles, highlighted the nostalgic appeal of the Rubik’s Cube and the innovative blend of technology, art, and collecting in this project. Source link

The Fed’s suck of $161B out of the market to impact Ethereum. ETH ancient whale on a quiet-selling-spree. Ethereum [ETH] remains a strong player in the cryptocurrency market, despite facing recent challenges affecting the broader crypto sector. Analysts are closely monitoring the Federal Reserve’s actions, as the Fed has removed $161 billion from the markets. This was confirmed by the rise in the Treasury General Account from $714 billion to $875 billion, following corporate tax payments. As the Fed continues to liquidate positions in risk-on assets, this has impacted market liquidity. Source: Tomas/X The Reverse Repo program will likely begin…

contributor Posted: September 18, 2024 ETH experienced weak demand amid Ethereum ETFs outflows, indicating investor disinterest. Open Interest tanked, but top traders went long, indicating a possible shift ahead. Ethereum [ETH] ETFs have been experiencing continuous outflows recently, despite previously high hopes that ETFs would drive demand. Many analysts have observed this, and some believe that this could be the reason why ETH has been bearish. Wu Blockchain reported that Ethereum spot ETF net outflows peaked at $15.114 million on the 17th of September. Next, Ethereum ETFs data revealed that most ETFs did not register positive flows through the week.…

XYO, a decentralized infrastructure and data sovereignty platform, has teamed up with Upland, a Web3 gaming platform, to explore new ways of integrating virtual and real-world experiences, as per the most recent updates disclosed to Finbold on Wednesday, September 18. The two partners are hoping to deliver innovative solutions that blend gamified elements across physical and digital spaces, further expanding the potential of Web3. The collaboration will debut with the integration of Upland into XYO’s COIN App during the “Learn & Earn” initiative. The XYO and Upland partnership Both XYO and Upland are key players in the Web3 space. The…

Synnax has come up with a new way for users to earn cryptocurrency—by participating in trivia games. SynQuest is a tap2earn game that allows players to accumulate points by answering questions and interacting with the platform. Later on, these points can be converted into $SYNAI tokens, a utility token of Synnax, through a future airdrop.The game fits into Synnax’s larger overall goal and lets users earn while advancing the company’s data-driven goals.How to Earn in SynQuestEarning in SynQuest is easy. If users want to play and earn with SynQuest, they must first download a Telegram wallet, like TON Keeper, and…