Author: Crypto News Live
DePIN platform peaq has added major European enterprises and research institutions to its genesis node pool, marking a significant step in enterprise adoption of Web3 technologies. As peaq reported, the launch includes Bertelsmann Investments, Deutsche Telekom, Lufthansa Innovation Hub, and the Technical University of Munich (TUM), entities with combined holdings exceeding $170 billion.The integration of these organizations into peaq’s ecosystem illustrates growing interest in DePIN, which connect real-world services with blockchain technologies. By participating in the network’s genesis node pool, these entities will play a crucial role in securing the blockchain’s decentralized infrastructure, contributing to its stability and operational efficiency…
Large ETH holders have added over 10% to their holdings in the past year. 52% of ETH is now concentrated with large holders. Ethereum [ETH] has experienced a significant growth in the number of its large holders, often referred to as whales. New data indicates that the percentage of ETH supply held by these whales was gradually catching up to the amount held by retail investors. Large holders, including whales, control more than half of the total ETH supply. Large holders get more Ethereum According to data from IntoTheBlock, Ethereum whales now hold approximately 58.37 million ETH, representing over 43%…
The ETH/USDT pair revealed a cumulative volume delta divergence. Ethereum is likely to bounce from crucial support. Ethereum[ETH], the second-largest cryptocurrency, has become the focus of attention as traders and investors prepare for Q4 2024 amidst widespread market uncertainty. Recent analysis of the ETH/USDT pair revealed a cumulative volume delta (CVD) divergence. As ETH prices make equal highs while CVD forms lower highs, this divergence suggests a potential reversal. CVD divergence typically signals weak buying pressure, implying that Ethereum could see further price changes. Source: Hyblock Capital If the orderbook depth remains constant, ETH might create lower highs, but if…
The rapid rise of tap-to-earn games on Telegram, powered by The Open Network (TON) blockchain, has attracted significant attention — and funding — from venture capitalists. Investors are making substantial bets on Telegram’s tap-to-earn games like Notcoin, Hamster Kombat, and Catizen, seeing them as the future of Web3 gaming. But what exactly is driving these investment decisions, and how do investors envision the future of tap-to-earn? BeInCrypto recently interviewed Animoca Brands, one of the biggest TON validators, and Hashkey Capital, which has made significant investments and formed partnerships with Catizen. Investors Eye Social Experiences as the Future of Tap-to-Earn Games…
On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has recently created many wallets. The indicator of relevance here is the “Network Growth,” which keeps track of the total number of new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its first transaction on the chain. The Network Growth counts the daily number of such addresses that are becoming active…
In recent years, non-fungible tokens (NFTs) have become a buzzword across various industries, from digital art to music – just like strafe. Now, they are making their way into the real estate sector, promising to revolutionize property investment as we know it. But what exactly are NFTs, and how can they be applied to the world of real estate? In this article, we’ll explore how NFTs are entering the property market and what this means for investors.What Are NFTs?NFTs are digital assets that represent ownership of a unique item or piece of content, often stored on a blockchain. Unlike cryptocurrencies…
contributor Posted: September 10, 2024 Ethereum’s exchange data showed that ETH’s selling pressure was easing. However, ETH failed to recover amid a decline in demand. Ethereum [ETH] has underperformed against Bitcoin [BTC] this year. The main reason behind this dismal performance is declining demand amid an increase in selling activity. However, selling pressure might be on the verge of exhaustion. According to a Quicktake post by CryptoQuant, ETH netflow on derivative exchanges surpassed 40,000 ETH on the 7th of September. Source: CryptoQuant An increase in the ETH being withdrawn from derivative exchanges suggested that selling pressure was dropping, and that…
Non-fungible tokens (NFTs) have been making waves across multiple industries, and the gaming world is no exception. The unique characteristics of NFTs—namely their ability to certify ownership, uniqueness, and authenticity—are proving to be game-changers in the gaming industry, just like jaxon is. From new revenue streams for developers to enhanced user experiences for players, NFTs are influencing both the economics and the creativity behind game design.What Are NFTs and How Do They Work?At their core, NFTs are digital assets stored on blockchain networks, making them verifiably unique and scarce. Unlike cryptocurrencies such as Bitcoin, NFTs cannot be exchanged on a…
Hamster Kombat will launch HMSTR on September 26, rewarding players with an on-chain token on The Open Network (TON) after they’ve spent months racking up coins in the Telegram crypto game. But the airdrop for each player will be based on more than just coin earnings. Another factor that will play into allocations, according to the Airdrop menu in the game, is how many keys you’ve earned from playing the mini-game puzzle—as well as the growing selection of partner games in the Playground. Each game has a special Hamster Kombat promotion that will reward you with a key for playing.…
Gamee, a key player in the mobile gaming industry, is entering the blockchain gaming space with its new game WatBird. The game aims to bridge the casual gaming-to-blockchain divide and serves as an easily accessible introduction to Web3 for gamers. WatBird’s central attraction is Wat Racer, a fast-paced runner game that invites players to navigate their WatBird through a series of obstacles. The better they do, the more “WatPoints” they earn. If players want to earn more points, they can invite friends to the game and use them as fuel to “upgrade” their gameplay experience. Currently, WatBird has three million…
