Author: Crypto News Live

Excitement is building in the mobile gaming world for the upcoming release of the new game Rebel Skies, developed by the American studio Faraway Games. The game is set to drop in October 2024 and promises to combine three gaming genres—action, real-time strategy (RTS), and deck building—in a single, immersive experience. This game merges conventional mobile games and blockchain technology and offers players a glimpse into what could be the next big thing in gaming.Rebel Skies at its core represents a new direction for mobile gaming. Its gameplay is reminiscent of the extremely popular mobile title Clash Royale. However, Rebel Skies…

Hyperspace, a multi-chain non-fungible token marketplace and launchpad, is shutting down its platform on Solana. The project announced this on Sept. 3, noting that the decision to shut down its NFT marketplace on Solana (SOL) was a difficult one. Hyperspace plans to fully sunset the Solana offering by September 17, 2024, and has advised users to delist their NFTs before this date. In addition to removing website support for Solana NFTs, the platform will also sunset its application programming interface. This will begin on Sept. 17, as the Hyperspace team posted on X. “While it’s a difficult decision to make,…

Bitcoin ETFs face significant outflows, indicating growing caution in the market. Ethereum ETFs show mixed performance with recent inflows amid ongoing skepticism. The Bitcoin [BTC] ETF market has recently shifted into bearish territory, as evidenced by a series of outflows spanning from the 26th to the 30th of August. Bitcoin ETF analyzed According to Farside Investors, this four-day period saw a substantial net outflow of $277 million from various BTC ETFs. Notably, ARK Invest and 21Shares’ ARKB experienced significant withdrawals totaling $220 million, while Grayscale’s GBTC faced a surge in outflows amounting to $119 million. Even BlackRock’s IBIT, which had…

The gaming sphere within the crypto market keeps on making new developments, with many projects getting substantial traction. Phoenix, a crypto analytics platform, has disclosed the list of prominent crypto gaming projects based on social activity, highlighting the blockchain-based gaming sector’s increasing influence on the wider crypto world. TOP #GAMING PROJECTS BY SOCIAL ACTIVITY$FLOKI $EGLD $RENDER $NAKA $VRA $GALA $AXS $APE $MANA $SAND pic.twitter.com/jkj5dljpLk — PHOENIX – Crypto News & Analytics (@pnxgrp) September 3, 2024 Floki Inu Dominates Phoenix’s List of Prominent Crypto Gaming Projects In its list, Phoenix has placed Floki Inu ($FLOKI) in the 1st position as it…

A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024 Bull Run Bypasses It As highlighted in nftevening.com’s 2024 report, the once-celebrated future of digital ownership, the NFT market, is currently grappling with significant hurdles. The report scrutinized over 5,000 NFT collections and around 5 million transactions to assess the present state of the market. A staggering 96% of NFTs were deemed “dead,” meaning they…

Base marketcap just soared to a new all-time high underpinned by sustained volumes. TVL and transaction growth complete a picture of a healthy DeFi ecosystem. The Ethereum [ETH] layer 2 ecosystem has been expanding and Base has emerged as one of the L2 networks on the fast lane. Base recently achieved new milestones, including a new stablecoin marketcap all-time high. Base has been rising in the ranks of the existing Ethereum layer 2 networks. This was particularly evident in its stablecoin marketcap. The latter recently reached a new all-time high of 3.28 billion. Base’s stablecoin marketcap experienced exponential growth between…

Crypto investment products saw $305M outflows, with Bitcoin and Ethereum ETFs showing mixed trends. Bitcoin gains post-ETF launch; Ethereum struggles to reach expected price levels. Amidst a general market upswing, with the global crypto market cap rising by 2.79% over the past 24 hours and most coins gaining over 2%, concerns loomed as weekly charts reveal declines exceeded 5%. Crypto investment products in danger Of greater concern is the significant outflow from cryptocurrency investment products, with a recent CoinShares report highlighting a total of $305 million in outflows during the in-between the 24th to the 31st of August. This reversal…

Maximize your Musk X Empire rewards with our up-to-date info on the latest daily combo, rebus and riddle of the day! Hamster Kombat: Daily Cipher & Combo – September 3, 2024TapSwap: Daily Codes & Today Code List – September 3, 2024MemeFi: Daily Combos & Video Codes – September 3, 2024 Musk X Empire Daily Combo Todays Daily Combo will be updated soon. Stay tuned! The X Empire daily combo for September 4 is: Game Development Hamster Breeding OnlyFans Models You can enter the daily combo by going to the “City” section of the X Empire app and choosing “Stock Exchange”.…

Ethereum experienced a notable price surge, testing the crucial $2,500 resistance level.  Will the bulls maintain momentum, or will the bears reclaim control? Ethereum [ETH] experienced a significant pullback at the start of the last week of August, wiping out most of the gains it had achieved during the first week of the month, when the altcoin tested the $2,700 ceiling. However, the bearish tone that kicked off September shifted as ETH surged over 3% in the past 24 hours, trading at $2,521 at press time. Interestingly, despite the price surge, the altcoin season index fell, suggesting weak investor confidence…

Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant pressure in recent weeks. As its price continues to fluctuate, analysts have been observing its market signals to determine whether the current phase is one of accumulation or distribution. According to a recent analysis by CryptoQuant analyst Shayan, the Ethereum exchange reserve metric, which tracks the amount of ETH held in exchange wallets, is providing insights into this question. What Does The Ethereum Exchange Reserve Currently Signals? Shayan disclosed in the analysis shared in a post on the CryptoQuant QuickTake platform that the Ethereum exchange reserve metric has shown…