Author: Crypto News Live
NFL Rivals, the mobile game licensed by the National Football League (NFL) and the NFL Players Association, has formed a new partnership with the Kansas City Chiefs, the champions of Super Bowl LVIII. For the upcoming NFL season 2024, its second year now, NFL Rivals will be the “Official Mobile Game of the Chiefs.”Fan Engagement and In-Stadium PresenceScheduled to start in conjunction with the NFL season, the new partnership will provide numerous opportunities for fans to engage with the Chiefs.Those opportunities will be diverse, spanning from tailgate activations, in-stadium branding, and sweepstakes where fans can win VIP experiences at Chiefs’…
Maker has rebranded to Sky with a dual stablecoin offering and new SKY governance tokens. MKR has tanked double-digits after the rebrand; what’s next? Maker [MKR], founded in 2014 and one of the pioneers of lending in the DeFi space running on the Ethereum [ETH] chain, has rebranded to ‘Sky’ to boost usage. Its native MKR token has been the governance token, while its decentralized stablecoin Dai [DAI] enhances Maker’s ecosystem as a medium of exchange. The two tokens have been widely used for about a decade. However, the rebrand comes with key upgrades, including a new stablecoin (USDS) and…
An up-and-coming contender in the blockchain gaming industry, Gameplay Galaxy has now secured $11.17 million in a seed extension round. This latest funding round elevates the company’s total valuation to $71 million and brings its total funding to $24 million. Co-led by Blockchain Capital and Merit Circle, the seed extension round will chiefly finance the development of Trial Xtreme Freedom, the company’s first blockchain-based game. However, the company has a much loftier goal in mind: redefining how gamers interact with digital assets in an extreme sports ecosystem.The Role of Token Warrants in Blockchain Gaming InvestmentsThe design of this funding round…
CryptoPunks has reclaimed the top spot in daily sales on Monday, generating over US$1.6 million. The collection witnessed a total of 17 transactions, involving 14 unique buyers and 15 sellers, with an average sale price of approximately US$94,825. The second-ranking collection for the day is Solana Monkey Business, which belongs to the Solana blockchain. It recorded daily sales of US$953,143. with 91 unique buyers and 89 sellers across 216 transactions. This performance is a notable increase from the previous day’s sales of US$371,874. In third place, DMarket, operating on the Mythos Chain, generated US$663,200 in sales from 29,613 transactions. Other…
ETH saw more inflow into exchanges in the last trading session. The ETH balance on exchange has continued to decline. A recent analysis of Ethereum’s [ETH] market activity revealed a pattern of accumulation and sell-offs by different addresses over the last few days. Despite these mixed trends, the overall volume of ETH on exchanges has decreased, which is often a bullish signal. Ethereum sees mixed signals The recent Ethereum market activity has produced mixed signals from key indicators. On one hand, there has been notable accumulation by some large holders, or “whales,” which is typically a bullish sign. Analysis of…
Former President Donald Trump is out with another collection of digital trading card non-fungible tokens (NFTs), which were once a lucrative business line for the Republican nominee. This time around, Trump’s fourth collection will offer high-rollers a piece of the candidate’s suit from his debate with President Joe Biden, according to a post on social media platform Truth Social. People who spend $24,750 on the cards will also get access to Trump sneakers, Trump cocktails and dinner at Trump National Golf Club in Jupiter with Trump. Read more: Trump Says He’ll Release Fourth NFT Collection: ‘The People Want Me to…
Ethereum worth over $35M moved to exchanges by institutions. Market indicators are still bullish on ETH. Ethereum [ETH], the second most popular cryptocurrency, has experienced significant fluctuations recently, partly due to a large movement of ETH by institutions to exchanges. Over the past 24 hours, major players like Amber Group and Cumberland have deposited large amounts of ETH—6,443 and 6,439 ETH respectively—to exchanges that is Binance and Kraken. Source: Arkham This influx has raised concerns about the impact on Ethereum’s price, which has seen both upward and downward movement in response. Price action of ETH/USDT Currently, Ethereum’s key support level…
Celia Inside has launched a new music NFT collection on Celosphere, marking a significant moment for the platform. The launch and collection include 1,000 NFTs, priced at 3 CELO (CELO) each, 500 of which feature the original track and 500 of which showcase a remix. These NFTs are among the first music NFTs available on Celosphere, making this launch notable in the platform’s history. Music NFTs, digital tokens representing ownership of a specific track or album, are gaining traction in the web3 space. They offer artists new ways to engage with fans and monetize their work directly. These NFTs can…
Crypto analyst CrediBULL Crypto has provided deep insights into what to expect from the Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first. Ethereum To Rise To $3,000 Soon Enough In an X (formerly Twitter) post, CrediBULL Crypto shared a chart that showed that Ethereum would rise to $3,000 sometime in September. However, the analyst’s chart also showed that Ethereum will drop below $2,500 before it enjoys this move to the upside. CrediBULL Crypto did well to explain why…
Bitcoin ETFs outperform Ethereum, with BTC inflows surging while ETH ETFs struggle with outflows. Bitcoin’s dominance and first-mover advantage reinforce its lead over Ethereum in the ETF market. Bitcoin [BTC] Exchange Traded Funds (ETFs) have significantly impacted the crypto market, showing strong performance since their launch. Bitcoin and Ethereum ETF analysis According to the latest update from Farside Investors, BTC ETFs recorded net inflows of $252 million. Leading the pack was BlackRock’s IBIT, with $86.8 million in inflows, followed by Fidelity’s FBTC, which saw $64 million. However, amidst this inflow race, Grayscale’s GBTC faced challenges, recording $35.6 million in outflows…
