Author: Crypto News Live
DMarket led the non-fungible tokens (NFTs) market on August 11 with a sales performance of US$733,528, according to CryptoSlam data. The Mythos-based collection’s all-time sales volume is US$485.22 million, the 14th largest in the industry. DMarket is an NFT collection representing in-game items for popular games like Counter-Strike and Dota 2. The second-ranking collection for the day was Guild of Guardians Heroes on the Immutable blockchain, also an NFT collection related to games. It had a daily sales volume of US$531,721, a slight decrease from the previous day’s US$591,119. Kgirl, a Polygon-based collection, took the third spot with daily sales…
ETH ETFs faced outflows, while BlackRock’s ETHA neared $1 billion in inflows. Grayscale’s GBTC and ETHE saw significant outflows, while BlackRock’s IBIT attracted inflows. Ethereum [ETH] Exchange-Traded Funds (ETFs) have struggled to match the performance of Bitcoin [BTC] ETFs. While Bitcoin ETFs have frequently set records with substantial inflows, Ethereum ETFs have lagged behind. BlackRock’s Ethereum ETF update After the market closed on the 9th of August, ETH ETFs experienced net outflows totaling $89.7 million, according to Farside Investors. Interestingly, while other Ethereum ETFs, such as Grayscale’s ETHE, have faced continuous outflows since their launch, BlackRock’s ETHA is approaching a…
Ethereum fear and greed index is transitioning gradually. ETH token summary, on-chain signals and false break-out suggest price set to surge. The Ethereum [ETH] Fear and Greed Index logged 38 at press time, reflecting neutral sentiment in the market from the extreme fear sentiment a week ago. With Ethereum’s price at $2705 at the time of writing this article, this balance between fear and greed suggests growing investor confidence. This sentiment indicates that Ethereum might soon test and possibly break the $2.8K resistance level, highlighting positive momentum for Ethereum and the broader cryptocurrency market. Source: Ethereum Fear & Greed Index…
Atari is once again revisiting the charm of retro gaming by giving a modern twist to its beloved 1976 game Breakout. This time the game is making a comeback, on the Ethereum layer 2 network Base as part of Coinbases “OnChain Summer” promotion.New Life for a Timeless ClassicThe revamped version of Breakout is the latest step in Atari’s ambitious plans to merge classic gaming titles with blockchain technology. The news follows the release of the legendary Astroids featuring NFTs. This latest version of Breakout stays true to its 2D arcade origins while incorporating Web3 features to elevate gameplay. Players can mint…
Samsung is officially announcing its partnership with Illuvium at Gamescom 2024, aiming to revolutionize home entertainment by incorporating Web3 technology. This collaboration will bring the Illuvium gaming world directly to living rooms through Samsungs innovative Web3 TVs, enabling players to enjoy the three core games—Overworld, Arena and Zero.Illuvium being chosen as one of two gaming partners for the Samsung TX1 program highlights the game’s increasing influence in the evolving world of Web3 gaming.Source IlluviumAt Gamescom 2024, visitors to Samsung’s booth will get a sneak peek into the Illuvium universe. They can explore regions in Overworld, participate in battles in Arena,…
The latest developments in the NFT sector have reportedly resulted in a shift in the sales thereof. Hence, this week saw a change in the top NFT collections in line with sales, as per data from CryptoSlam. The prominent NFT projects in this respect take into account DMarket, Guild of Guardians Heroes, Sorare, DogeZuki Collection, and CryptoPunks. DMarket Leads the Top NFT Projects Based on Weekly Sales The statistics disclose that DMarket has led the NFT market in the case of sales. The NFT project reportedly witnessed sales of up to $7,471,863 worth. This figure denotes a great surge of…
ETH exchange balance has hit a new low, signaling an upcoming supply crunch. ETH could target the previous range-low if improved market sentiment persists. Ethereum [ETH] exchange balances have hit a new low, reinforcing a supply shock for the world’s largest altcoin. And yet, ETH whales have ramped up accumulation despite the recent dip, according to on-chain analyst Leon Waidmann. ‘Despite the dip, whales keep stacking #Ethereum! The #ETH Exchange Balance just hit a new LOW’ Source: Gassnode The percentage of Ethereum balance has dropped to 10% as of 10 August. That translated to about 12 million ETH on exchanges,…
The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tidbits you might have missed. We also showcase…
The Pi Cycle Top indicator revealed that ETH’s possible market bottom was at $3k. Most metrics looked bullish on ETH, but a few market indicators suggested otherwise. After a week of nearly double-digit price drops, Ethereum [ETH] showed signs of recovery in the past 24 hours. In fact, if the latest data is to be considered, then ETH might soon showcase a massive bull rally if it manages to reclaim a particular mark. Let’s have a closer look at what’s going on. Bulls are buckling up As per CoinMarketCap’s data, Ethereum’s price dropped by more than 8% in the last…
ETH, at press time, was testing the 0% Fibonacci level Its daily active addresses have remained above 400,000 too Ethereum [ETH] recorded major bouts of depreciation over the last few weeks, pushing its price well below $3,000 – A level it had maintained for some time. Now, while there has been a recent rally, this uptick was not sufficient to restore it above the aforementioned level. Considering the trend of other indicators and market dynamics, ETH may have some volatility ahead. Ethereum sees a death cross The recent price trend of Ethereum, despite a notable increase of 14.56% on 8…
