Author: Crypto News Live

Experts believe that ETH might dip to the lower end of the falling wedge, currently around $2,200 Significant buying pressure can be seen around this zone too Despite favorable developments like the introduction of an Ethereum Spot ETFs in the U.S, the world’s largest altcoin is yet to hit new all-time highs. In fact, over the past week, ETH has declined by 6.62% on the charts. No wonder then that a crypto analyst is predicting that this downtrend could extend itself. Especially as ETH seeks some stability before a possible rally. Falling wedge – Temporary decline, potential for massive upswing…

The NFT market has experienced notable shifts over the past week, with Guild of Guardians leading the charge in weekly sales volume. This collection has risen to the top, surpassing some of the industry’s most well-established players. TOP #NFT COLLECTIONS BY WEEKLY SALES VOLUME #GuildofGuardians #BoredApeYachtClub #CryptoPunks #Dogezuki #Sorare #PudgyPenguins #MadLads #OrdinalsMaxiBiz #SolanaMonkeyBusiness #Courtyard #Runestone #NodeMonkes pic.twitter.com/TREtiSAkRJ — PHOENIX – Crypto News & Analytics (@pnxgrp) September 5, 2024 According to PHOENIX, guild of Guardians has emerged as the top performer in the past week, claiming the highest sales volume among NFT collections. The rise of this gaming-related collection highlights the…

Unstoppable Domains is thrilled to announce our expanded support for Base, an innovative Ethereum Layer 2 blockchain incubated by Coinbase, alongside already supporting Polygon, and Ethereum. This collaboration marks a significant step forward in our mission to make Web3 more accessible and expand onchain domain ecosystems, further bridging the gap between blockchain technology and everyday users.With this new integration, the Unstoppable Lite Wallet now seamlessly supports Base, providing users with a fast, efficient, and cost-effective way to send and receive crypto while benefiting from the security of Ethereum and the high throughput of the Base network. This advancement empowers users…

Este artículo también está disponible en español. Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns.  Related Reading One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show low interest from traditional investors, adding to the bearish sentiment around ETH.  As the crypto market is gripped by fear and uncertainty, Ethereum traders are searching for clues on whether a potential recovery is on the…

PixelRealm, a Web3 gaming ecosystem, has partnered with Neon EVM to enable Ethereum-based games on Solana without the necessity of recoding. This means that developers can deploy existing Ethereum codebases on Solana, reducing development time and costs. The partnership comes as blockchain gaming sees renewed interest, with nearly $580 million invested in 2024, according to Rootdata. PixelRealm is supported by Binance Labs and Polygon Studios and currently serves over 120,000 players. The collaboration will lead to the launch of Kugle, a mobile game featuring virtual collectible pets, NFTs, and an animated player-driven universe called KugleWorld. Steven Leaton, Gaming Lead at…

Bank of Japan’s rate hikes could trigger new cryptocurrency market turmoil. Japan’s crypto market share declines as the Prime Minister’s departure looms. Recent volatility in the global economy, especially in cryptocurrencies, has raised concerns about the effects of major financial decisions. The Federal Reserve’s anticipated interest rate cuts have fueled concerns, with George Lagarias, chief economist at Forvis Mazars, warning that an aggressive Fed rate cut could pose significant risks to the market. Bank of Japan’s rate hike decision Compounding this uncertainty, Bank of Japan Governor Kazuo Ueda declared on the 3rd of September that the BOJ would continue raising…

We’re thrilled to unveil our latest merch release, powered by Droplinked! We’re merging cutting-edge design with the spirit of digital identity ownership to bring you three exclusive pairs of shoes. This collection isn’t just about stepping up your footwear game; it’s about stepping into the future of Web3, where fashion meets technology and every step you take reflects your passion for user-owned digital identity!Two stylish canvas shoe designs adorned with the iconic Unstoppable logo.A pair of dynamic sneakers designed by our very own community member and UD whale, @135dotx on Twitter (X). These sneakers not only feature the Unstoppable logo…

Este artículo también está disponible en español. Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest Bitcoin and Ethereum are still feeling the effects of the abandonment of the Yen carry trade. The Yen recently surged against the US dollar, suggesting that investors are still selling riskier assets like these cryptocurrencies to unwind their…

In a recent video titled “Next Steps Post-Chang,” Charles Hoskinson, Co-Founder and CEO of IOG, provided a detailed update on the Cardano ecosystem’s development following the Chang roadmap milestone. Hoskinson outlined the current phase of governance, known as the bootstrap phase, which is essential for activating full governance in the Cardano network. Hoskinson began by explaining that the Cardano governance model is entering a pivotal stage, with the bootstrapping phase currently active. This phase is crucial for getting all participants, including delegated ADA holders, the Constitutional Committee, stake pool operators (SPOs), and other governance roles, familiar with the process before…

Uphold, a trading platform with about 12 million users, is launching U.S. dollar interest accounts that can earn an APY of up to 5%.The company’s CEO Simon McLoughlin said the move is geared towards attracting new customers and incentivizing users to hold more capital on the platform.”Our main goal is just to make Uphold attractive and acquire a ton of new customers, from the mass market,” McLoughlin told The Block. “It’s [also] just a safer way for people to hold dollars on the platform. It’s an insured vehicle.”Initially, the offering is only available to U.S. users, and the accounts “provide…