Author: Crypto News Live

The airdrop for the much-awaited Rocky Rabbit Telegram game is scheduled to happen on September 23, 2024, and will be carried out on The Open Network (TON). This event will distribute the tokens to a group of players that have been loyal to the game, especially those that have interacted with the game’s mechanics and its referral system.The airdrop represents a key moment in the games development by rewarding early adaptors and marking a transition towards more advanced gaming features. Players who sign up for the airdrop will receive RabBitcoin ($RBTC), the game’s native token, which will also debut on…

Ethereum has declined 2% in the past week, with the key resistance at $2,850 signaling potential recovery. On-chain data showed increased active addresses, hinting at renewed interest and potential price stabilization. Ethereum [ETH], the second-largest cryptocurrency by market capitalization, has seen a continued downturn that began in August and has now extended into September.  At the time of writing, ETH was trading at $2,338, following a 1.3% decline in the past 24 hours and a 2% drop over the past week. The asset has failed to register any significant rally since the start of the month, leaving investors concerned about…

GhostDrive is a newcomer to the decentralized Web3 storage market, yet it has made impressive inroads. It now attracts more than 740,000 users every month and is built as a Telegram Mini App on the TON (The Open Network) blockchain. GhostDrive’s approach of generating revenue from data storage through pay-per-view, streaming, or advertising networks sets it apart from conventional Web2 storage services such as Dropbox.Integrating an advanced decentralized infrastructure, with low-Earth orbit satellite nodes among them, GhostDrive is a unique push toward ensuring data is safe, censorship-resistant, and controlled by the user. And with privacy and decentralization at the forefront,…

Spot Ethereum ETFs recorded $11.4M in inflows for the first time in nearly three weeks. This comes as outflows from exchanges increased significantly, relieving the near-term selling pressure. Spot Ethereum [ETH] exchange-traded funds (ETFs) recorded $11.4 million inflows on 10th September per SoSoValue data. This was the first time in nearly three weeks that the flows turned positive.   Wall Street giants BlackRock and Fidelity dominated the data with $4.31 million and $7.13 million inflows, respectively.  Despite the recent shift in sentiment, ETH ETFs have underperformed against their Bitcoin [BTC] counterparts with $562 million in cumulative net outflows since launch. According…

When it comes to American football games, the Madden franchise has long been the cream of the crop. But now it has some competition—not just from EA Sports’ own College Football game, but also in the form of mobile game NFL Rivals, which incorporates NFTs. While NFL Rivals isn’t trying to top Madden when it comes to presenting a lifelike simulation on your game console, it’s a free-to-play, arcade-style mobile football game that has the same official licenses from the league and players, offering bursts of entertainment on your smartphone or tablet. It also features player-based NFTs which, should you…

Goldfeder countered L2 criticism using Buterin’s 2020 roadmap. Buterin likened L2s to web browsers, enhancing Ethereum’s ecosystem. Recently, critics have scrutinized Vitalik Buterin’s vision for Layer 2 (L2) solutions, claiming that L2s have strayed from Ethereum’s [ETH] foundational principles and the original roadmap. These arguments suggest that L2 solutions, designed to enhance Ethereum’s scalability, no longer align with the network’s core objectives. However, many of these criticisms overlook key aspects of Buterin’s 2020 rollup-centric roadmap, which outlines a clear path for L2 development. Steven Goldfeder defends Buterin’s L2 roadmap In response to these criticisms, Offchain Labs co-founder Steven Goldfeder addressed…

OKX Ventures, the prominent Web3 technology firm of OKX exchange, has recently announced a new partnership with Nytro Lab. As a part of this collaboration, OKX Ventures has invested in the beta test of Castile (a Roguelike and AAA RPG set in the Cthulhu fantasy universe). OKX Ventures announced this development on its official social media account. We are pleased to announce the partnership with Nytro labs, Huge congratulations to the #Castile Beta Test @Castileofficial !https://t.co/fN9ky6E2S7 pic.twitter.com/Rvx5ejS8Un — OKX Ventures (@OKX_Ventures) September 11, 2024 OKX Ventures Invests in Castile of Nytro Lab for Its Beta Test Apart from the announcement…

Este artículo también está disponible en español. The cryptocurrency market is showing tentative signs of recovery, with leading assets like Ethereum (ETH) making modest gains in the past 24-hours. Following a sharp decline that saw ETH’s price plummet to $2,154 last Friday, the digital asset is now nearing the $2,400 mark, sparking optimism among investors. Signs Of An Imminent Breakout To The Upside?  In a recent social media post on X (formerly Twitter), Market expert Jesse Olson has highlighted several bullish indicators on Ethereum’s 8-hour chart, suggesting a potential continuation of this recovery. One key signal is a pending buy…

The Shiba Inu ecosystem team spotlights the 15-Day Shiba Eternity Tournaments, highlighting how participants can boost their ratings and win rewards like NFTs and other tokens. Shiba Inu’s marketing lead, Lucie, confirmed the development on X yesterday, emphasizing that the 15-Day Shiba Eternity Web3 Tournaments are where the real action occurs. Mastering Shiba Eternity: 🎮 Your Guide to the 15-Day Web3 Tournaments👾 Shiba Eternity’s 15-day tournaments are where the real action happens. Every 15 days, the tournament resets, and players compete to climb the ranks and earn rewards. This isn’t a casual card game—it’s… pic.twitter.com/dU8xRRFcXB — 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 10,…

Hong Kong-based Metalpha offloaded over 33,589 ETH worth $77.55 million to Binance in the past four days. Based on the historical price momentum, there is a high possibility that ETH could soar by 23% to the $2,700 level. Despite the ongoing market recovery, it appears that Ethereum [ETH] is poised for a significant price decline. Currently, both investors and institutions are bearish as they continue to dump ETH on exchanges. Institutional selling spree On the 10th of September, on-chain analytic firm Lookonchain noted on X (formerly Twitter) that Metalpha, a Hong Kong asset management giant, had dumped 10,000 Ether worth…