Author: Crypto News Live
Hamster Kombat has sustained its success without resorting to venture capital, focusing on player engagement instead of seeking investors. The game, which has garnered 300 million users since March, is still going strong. This strategy points to the continued trend of Web3 projects favoring community-based growth over the support of traditional venture capital. Hamster Kombat Thrives Without Venture Capital Funding Hamster Kombat has never accepted venture capital funding and has always put its players first since its establishment. Nevertheless, the game has become popular and profitable, demonstrating a viable model that does not require outside investment. This decision is consistent…
The blue-chip NFT market signals a potential rebound, with Mutant Ape Yacht Club (MAYC) leading the surge in trading volume and price stability. Data from Blur.io reveals increased trading volume and price stability for MAYC, suggesting renewed investor interest. Other major collections like Bored Ape Yacht Club (BAYC) and CryptoPunks are also seeing similar trends, though at a slower pace. MAYC’s floor price has jumped 12.98% in the past week, while Bored Ape Yacht Club saw a 7.99% increase. Pudgy Penguins and Azuki, two other notable NFT collections, posted more modest gains of 5.85% and 2.28%, respectively. Several factors contribute…
Crypto analyst Javon Marks has predicted that Ethereum (ETH) could enjoy a 75% breakout and rise to $4,723. The analyst also explained why this parabolic rally is possible for the second-largest crypto by market cap. Why A Rise To $4,723 Is Possible For Ethereum Marks mentioned in an X (formerly Twitter) post that Ethereum’s price is poised to rise to $4,723 as bull divergences continue to hold within a massive climb since breaking out. He added that the 75% move to this target and above can take place with the breakout and divergence holding. Related Reading Source: X From the…
Abiotic Factor released a major update dubbed “Crush Depth” on August 12th, the latest since the game launched into early access three months ago. The update features new improvements to the game, including new facilities to explore as well as tools, workbenches, and vehicles to capitalize on. Abiotic Factor, a narrative-oriented survival game, unveiled a major update to supplement the game’s early access, released in May. The upgrade, dubbed “Crush Depth Update,” incorporates additional areas for players to explore individually or in groups of up to six players. The upgrade introduced a dangerous security sector with dark secrets awaiting explorers.…
Upland, a virtual property trading game mapped to the real world, recently marked a major milestone with the introduction of Paris to its Metaverse. This new addition expanded Upland’s landscape, allowing players to own and construct virtual properties in one of the world’s most renowned cities.The unveiling of Paris coincided with the debut of Uplands utility token, $SPARKLET, which quickly became a crucial component in the game’s ecosystem. Paris in UplandWithin 30 minutes of the Paris launch, 75% of properties were minted by players. Additionally, the pre-sale event sold out in less than 90 minutes the day before launch. This rapid…
DMarket led the non-fungible tokens (NFT) sales on Monday with US$697,138, according to CryptoSlam data. The Mythos-based NFT collection represents in-game virtual items for popular games like Counter-Strike and Dota 2. It recorded over 26,780 transactions across 3,728 unique buyers and 3,044 sellers. This boosted DMarket’s all-time sales volume to US$485.26 million. The second-ranking collection for the day was Guild of Guardians Heroes, with sales reaching US$575,959. Immutable-based gaming NFT collection saw 1,633 transactions involving 705 unique buyers and 687 sellers. Coming in third, the DogeZuki Collection on the Solana blockchain generated US$408,262 in sales. The collection had 9,385 unique…
Ethereum outperformed Bitcoin as a whale moved 5000 ETH. ETH liquidations cooled off as ETF flow stabilized. Ethereum [ETH] surged 6.9% in the last 24 hours, outpacing Bitcoin’s [BTC] 1% gain. This sharp rise suggested renewed confidence in the crypto market after a challenging week. This outperformance thus raises a question: Is the altcoin season beginning, with traders and investors now more focused on alternative cryptocurrencies? Source: Quinten on X Adding to Ethereum’s recent outperformance of Bitcoin, a major ICO whale moved another 5,000 ETH ($13.2M) to OKX just before the price drop. Source: SpotOnChain Since the 8th of July,…
The popular sci-fi franchise and gaming platform Unioverse is again creating a buzz with the release of its newest game, Hoverdrome. If you’re looking for an exhilarating gaming experience that combines elements of Mario Kart and Rocket League then Hoverdrome is up your alley. This game isn’t your normal offering; it’s a top tier action packed adventure crafted to introduce mainstream gamers to Web3 gaming.Bridging Familiarity with InnovationHoverdrome’s gameplay brings together the energy and excitement of Mario Kart and Rocket League but adds a fresh twist thats uniquely Unioverse. This fusion is intentional—it forms part of Unioverses approach to making…
Recent trading activities reveal that Ethereum is approaching a crucial point in its trading as it forms a bearish triangle pattern, signaling a potential significant breakout. If the cryptocurrency breaks below the lower boundary of this triangle, it could lead to a sharp decline towards the $2,160 target. This article aims to provide readers with a detailed technical analysis of Ethereum’s price action, emphasizing the importance of the bearish triangle pattern that has emerged on the charts. It will also explore how this pattern indicates a potential downward move toward the $2,160 support level. In the past 24 hours, Ethereum…
Gala Games has recently added a feature that allows users to log in to their platforms using their Telegram accounts. This Single Sign On (SSO) option aims to simplify the process of accessing Gala platforms, such as Gala Games, Gala Music and Gala Film, by eliminating the need for usernames and passwords.Simplified Account Creation Across Gala PlatformsThe introduction of Telegram SSO addresses a challenge in adopting Web3 technologies—convenience. By enabling users to log in with their existing Telegram credentials, creating accounts on Gala’s platforms becomes faster and more straightforward. This feature is especially relevant as Gala’s mini apps on Telegram,…
