Author: Crypto News Live
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His diverse range of topics, including technology, Forex, and finance, reflects his comprehensive understanding of the crypto landscape. His technical expertise and analytical skills have been recognized and featured by leading news outlets such as Investing.com, CoinTelegraph, Entrepreneur, Forbes, and other authority sites. Notably, he broke…
ETH users turn to private transactions over frontrunning Private transactions comprised 30% of the total volume, but consumed 50% of Ethereum’s gas. Throughout the year, crypto markets have experienced significant changes, development, and increased volatility. Amidst these market changes, Ethereum [ETH] has witnessed growth in network activity, revenue, and address. Equally, the past year has seen a considerable surge in private transaction order flow. Ethereum users prefer private transactions Source: Blocknative According to research by Blocknative, the Ethereum network has witnessed a high increase in private transaction order flow. Data indicated that private transactions consumed more than 50% of total…
Aethir and Return Entertainment have teamed up to offer cloud-based gaming experiences in your living room. This collaboration aims to provide cinematic scalable gaming adventures on TVs by leveraging Aethir’s GPU cloud infrastructure and Return Entertainment’s streaming platform.This partnership between Aethir, known for its enterprise-grade GPU services, and Return Entertainment, a player in cloud-native gaming, brings a unique solution to the table. Beyond catering to gamers, this alliance benefits streaming services, smart TV manufacturers and gaming studios. Together, they hope to craft a gaming experience that’s easily accessible, highly scalable and cost-efficient.The Technology Driving InnovationThe technology powering this collaboration could…
This week has witnessed significant activities in the Web3 domain. Among the noteworthy events, the fourth most expensive NFT sale went largely unnoticed. Additionally, former U.S. President Donald Trump reported substantial earnings from his NFT collections, and a CryptoPunk failed to generate expected interest at a Sotheby’s auction. Here’s a summary of the key developments in the Web3 world. What Happened with the Expensive NFT? The highest-priced CryptoPunk, which previously sold for $23.7 million in 2022, was transferred on August 19 for an undisclosed amount. The former owner, Deepak Thapliyal, announced the transfer via a farewell message on X, as…
The worst looks to be over for Ethereum (ETH), as certain metrics suggest that the bottom is already in for the second-largest crypto by market cap. Based on this, ETH looks to be headed for a new all-time high (ATH), surging past its current ATH of $4,800. Ethereum MVRV Shows Bottom Is In Data from the onchain analytics platform Glassnode shows that Ethereum’s market value to realized value (MVRV) lowest pricing level is at $1,687, which suggests that the bottom is already in for the crypto token. These MVRV pricing levels highlight how low or high a token will likely…
CryptoPunks led CryptoSlam’s non-fungible token (NFT) sales chart Tuesday with over US$3.58 million in sales. The collection’s sales volume rose from around US$825,000 the previous day to lead the daily chart for the second consecutive day. But it’s not all great news for CryptoPunks as NFT investor Deepak Thapliyal announced the sale of Punk #5822 for an undisclosed amount. Community members estimate that the rare digital asset was sold for around 5,000 Ether (US$12.8 million). Thapliyal bought CryptoPunk #5822 for US$24 million in 2022. The second-ranking collection for the day was Guild of Guardians Heroes on the Immutable network, with…
ETH bears believe that low fees, L2 fragmentation, and competition from BTC and SOL could dent price prospects. However, ETH bulls foresee a long-term demand and value appreciation for the altcoin. Ethereum [ETH] has had a bittersweet price action in the current market cycle. Between late 2023 and early 2024, the largest altcoin rallied over 150%, jumping from $1600 to $4K. However, overall market headwinds and the SEC’s mixed signals on ETH’s security status in Q2 2024 dented its sentiment. Despite a last-minute pivot by the SEC and the successful launch of US spot ETH ETF, the altcoin’s price has…
STEPN GO, the famous app of social-lifestyle, has partnered with Casio for the “VIRTUAL G-SHOCK” project, to launch the new collection of NFT sneakers. STEPN GO and the launch of the new collection of NFT sneakers through a lottery STEPN GO and the partnership with Casio and the Virtual G-SHOCK project for NFT sneakers The Move-to-Earn in the social-lifestyle app STEPN GO and the launch of the new collection of NFT sneakers through a lottery STEPN GO e CASIO COMPUTER CO., LTD, have joined forces to launch a new collection of NFT sneakers, as part of the “Virtual G-Shock” project.…
Ethereum ETFs saw significant outflows, overshadowing total flows. Crypto analyst ZERO IKA warned that ETFs may not be inherently bullish for assets. Since the launch of Ethereum [ETH] Exchange-Traded Funds (ETFs), the anticipated surge in Ethereum’s price to $4,000 has yet to materialize. In reality, ETH has faced a decline, trading at $2,584 at press time, down 2.94% over the past 24 hours, according to CoinMarketCap. ETH ETF market trend Moreover, Ethereum ETFs have experienced a notable net outflow of $6.5 million as of the 20th of August, with the trend of outflows persisting since the 15th of August, per…
BANANA, a TON-based game, has officially hit five million users, thus becoming one of the fastest growing games in the TON ecosystem. Backed by CARV, a modular data layer for gaming and AI, BANANA reached its first major milestone of one million users within the first 72 hours of its launch. To date, BANANA counts more than one million daily active users, 1.4 million connected social accounts and 45 million in-game tasks completed. In BANANA, players dive into a world of collecting bananas, each with unique attributes and rarities. By clicking on these bananas, players earn points (PEELs) and have…
