Author: Crypto News Live

Este artículo también está disponible en español. Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. Related Reading This dramatic drop has left investors and traders questioning the reasons behind Ethereum’s struggle. A recent report from CryptoQuant offers some clarity, pointing to several factors that may be affecting ETH performance. As market participants continue to monitor…

Shibarium Beta reached a milestone with over 140K NFTs minted using just 800 BONE in gas fees. Shiba Inu launched ShibDev and DAO to boost community involvement and developer engagement. Shiba Inu has once again demonstrated the strength and potential of its ecosystem with a big step forward in the development of Shibarium. Lucie, Marketing Lead at Shiba Inu, recently tweeted about this accomplishment, reporting that over 140,000 NFTs were minted during the Shibarium Beta period, all while spending only 800 BONE on gas fees. This demonstrates not only the strength of Shibarium but also its cost-effectiveness, which is critical…

contributor Posted: September 7, 2024 Ethereum co-founder Vitalik Buterin has said he will not invest in layer 2 projects in the foreseeable future.  His statement comes amid an intense debate on the benefits that these protocols have on the main blockchain.  Ethereum [ETH] co-founder, Vitalik Buterin, has come out to state that he does not plan on investing in layer 2 networks. This comes days after he moved $1.3M worth of STRK, the native token of the Starknet layer 2 protocol.  In a post on X, Buterin noted that he would donate all proceeds from layer 2 tokens to charity…

Trading in the financial markets can be exciting and rewarding, but it can also be challenging and stressful. It requires a lot of attention and quick decision-making, which isn’t always easy for everyone. That’s where trading bots come into play. By doing the hard work for you, these automated tools can make trading easier. But when is the best time to use these bots? Let’s explore this and see how trading bots, like those offered by ValueZone AI, can help you reach your trading goals.What Are Trading Bots?Before we dive into the best times to use trading bots, let’s quickly…

Este artículo también está disponible en español. Recent developments show that Ethereum has entered oversold territory. This is undoubtedly a bullish development for the second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000.  ETH Ready For Liftoff Having Entered Oversold Territory Crypto analyst Titan of Crypto suggested in an X (formerly Twitter) post that Ethereum is ready for liftoff, having entered oversold territory. He noted that historically, ETH sees a rally or a short-term pump whenever the relative strength index (RSI) is in or near oversold territory on…

The native token of the Cardano blockchain, ADA, has lost around 12% of its value over the past week amid a wider cryptocurrency market decline that saw Bitcoin ($BTC) plunged to around $54,000 after losing 8% of its value over the same period. Nevertheless a popular cryptocurrency analyst, Dan Gambardello, has recently suggested that the price of ADA could rally over 1,000% against the flagship cryptocurrency Bitcoin based on an “insane bullish divergence.” Per the analyst, the last time such a divergence was seen ADA rallied 1,000% against BTC, four years ago. 🚨 Insane bullish divergence on the ADA/BTC daily…

The Ethereum Foundation has sold over 1,000 ETH again Its previous selling spree was received by much criticism from the community Over the last 24 hours, the Ethereum Foundation has executed two transactions, selling more of its ETH holdings in exchange for DAI. This move comes despite facing significant criticism during their previous large-scale sale of ETH assets. The Foundation’s decision to convert ETH into stablecoins like DAI could be a move towards managing their assets. However, it may also raise concerns about the potential impact on market sentiment and ETH’s price stability.  Ethereum Foundation on the move again! According…

When NFT marketplace OpenSea announced last week that it anticipates a lawsuit from the U.S. Securities and Exchange Commission (SEC), bells of panic rang far and wide through the cryptosphere. The U.S. government was opening up a major new front in its war on crypto: It was finally coming for the heart of the NFT market. But what does the development actually mean? Is every major NFT project now about to be labeled an illegal, unregistered security as some fear? Or might only particularly cash-grabby projects be at risk of legal scrutiny? While it may be some time before the…

At the time of writing, ETH’s orderbook imbalance was at 70% Ethereum may be set to hit new highs on the charts Ethereum’s [ETH] price action has been a hot topic following its failure to hit a new all-time high (ATH) in 2024. This, despite the fact that Bitcoin hit its own ATH in March. As expected, this has led to concerns that ETH may be losing momentum. Even so, recent developments in the ETH/USDT pair are providing hope for Ethereum enthusiasts. In fact, data from Hyblock Capital revealed a significant orderbook imbalance of 70% for ETH at a 1-2%…

MetaMafia has announced a new partnership with Orbler. MetaMafia revealed this news through their official X account. This collaboration marks an exciting development for both companies. This collaboration aims to enhance the NFT experience for enthusiasts and innovators in the digital asset space. 📣 Orbler x META MAFIA Partnership! ✨With @ProjectMAFIANFT, we’re creating a platform for NFT enthusiasts to explore and maximize the value of digital assets, driving innovation and trust in the NFT space! 🌐#Blockchain #Web3 #NFT pic.twitter.com/O8e1wXBwVE — Orbler (@Orbler1) September 5, 2024 Orbler Bridges Web2 and Web3 with Innovative Marketing Tools Orbler is a new generation of…