Crypto giants are rallying at the inaugural Crypto Ball, energized by President-elect Trump's pro-crypto agenda and plans to position the U.S. as a blockchain leader. Crypto Ball: How Blockchain Giants Are Backing America's Innovation Push The Inaugural Crypto Ball, set for Jan. 17, at Washington D.C.'s Andrew W.

Sebastian Bürgel, vice president of technology at Gnosis and founder of Hopr, argues that hyperfinancialization and profit-seeking are a threat to privacy and the crypto sector.

The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.

As Bitcoin (BTC) continues to dominate headlines with its impressive rally—up 46% since November's election and 133% year-to-date—investors are increasingly turning their attention to altcoins with high growth potential at a lower price point.

Story Highlights The live price of the Gnosis token is The GNO price might hit a maximum of $479 in 2025. Gnosis price could potentially hit a high of $1,384 by 2030. Several cryptocurrency projects with breakthrough innovations have emerged in the market.

Story Highlights The live price of the Ordi token is . Ordi price could soar to a maximum of $80 by the end of 2024. ORDI price with a potential surge could go as high as $610 by the end of 2030. BRC-20 tokens are reshaping Bitcoin's ecosystem, offering unmatched versatility to its blockchain.

GALA, a prominent altcoin in the cryptocurrency market, has recently captured the attention of traders and investors with a significant price surge. From a local low of $0.0295, GALA has climbed an impressive 35.4% in less than 24 hours, now trading at around $0.04.

Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of.

The $0.052-$0.056 region is an interesting zone of the liquidation heatmap and a target for GALA over the next week.

The appearance signaled a potential shift in Washington's stance on cryptocurrency. Trump pledged to support the crypto industry's growth and innovation in the United States.

The Gala (GALA) token, a prominent player in the decentralized gaming and metaverse space, has gained attention due to its fluctuating price movements and strong potential for future growth. As of December 2024, the live price of GALA is $0.0521, showing a modest uptick of 2.28%.

Story Highlights The Gala price drops ~12% in 24 hours with a trading volume of $458.83 million. The technical indicators record increased volatility, indicating a mixed price action. Positively, a bullish reversal could push the price toward its $0.0790 level. The cryptocurrency market has kickstarted the week on a bearish note.

In an exclusive interview with crypto.news, Frederieke Ernst, co-founder of Gnosis, discusses the future of money and how the cypherpunk movement continues to impact crypto innovation.

The cryptocurrency market is witnessing a significant rally, but it's not the usual suspects like XRP or ADA that are dominating the headlines. In the wake of Bitcoin's approach to $100,000 and broader market optimism, a few lesser-known coins have been quietly making impressive gains.

Is GameFi making a comeback? The Sandbox (SAND) and Gala Games (GALA) are flipping bullish, with SAND price up +56% week-on-week. In this article, jump into the latest GameFi price trends, and uncover whether there could be hotter opportunities in the meme coin market.

Coinbase Institutional announced it is adding five new cryptocurrencies to the Coinbase 50 Index (COIN50), suggesting these are promising investments. The index counts with a “robust methodology” to diversify with a “rigorous fundamental and eligibility screening,” as Coinbase describes it.

Catch up on this week's biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.

Story Highlights The Gaming tokens regain momentum, 5th best-performing category of the day. The SAND token records a 2x surge this week and the GALA token bags 100% this month. Technical indicators record increased bullish action, highlighting a higher price target.

While the latter half of the week has seen a cooldown from GALA's recent 80% rally, it remains among the most resilient altcoins in the face of Bitcoin's recent dip - and it doesn't appear to be finished yet. The post Time to Buy Gala? GALA Up 80% In 30 Days, Another Pump Coming? appeared first on Cryptonews.

Sky Mavis, the company behind Axie Infinity, is laying off 21% of its workforce as part of a strategic refocus. Laid-off Workers to Receive Job Placement Assistance Sky Mavis, the blockchain startup behind Axie Infinity, announced plans to lay off about 50 employees, or 21% of its workforce.

The firm's founder has stressed that the layoffs are not financially motivated.

Sky Mavis is pushing for growth, and as part of this restructuring, it has downsized its workforce.

Axie Infinity creator Sky Mavis lays off 50 employees as part of broader efforts to adapt post-hack and market shifts.

Sky Mavis co-founder and CEO Trung Nguyen said resources freed up from the layoffs will be used in a new Axie Infinity game and other projects.

Sky Mavis cut 21% of its workforce to focus on core products, with the CEO claiming it wasn't due to financial issues. The post Axie Infinity Creator Sky Mavis Lays Off 21% as Part of Restructuring appeared first on Cryptonews.

Sky Mavis has laid off 21% of its workforce The web3 firm said the decision was not related to its finances.

The layoff reflects a strategic move to focus on its projects, including a new Axie Infinity game, according to its CEO.

This week's 'top cryptocurrencies to watch' are all from the gaming market segment: Sandbox, MANA and Axie Infinity.

Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.

Axie Infinity (AXS) and Smooth Love Potion (SLP) tokens have crawled back in the past few days as the ecosystem started to bounce back. The SLP coin was trading at $0.0035 on Friday, up by 65% from its lowest point this year. Similarly, the Axie Infinity coin was trading at $5.

The cryptocurrency market continues to see significant shifts in 2024, with Pendle (PENDLE) emerging as one of the standout performers. After a year of impressive growth, Pendle has risen by 355% year-to-date, with its total value locked (TVL) reaching a robust $3.392 billion.

Pendle climbs 355% YTD with TVL at $3.392B. Will the December monthly candle break the all-time high?

Gala Film is set to launch its new token, $FILM, on December 5, 2024, aiming to transform the web3 entertainment landscape with its blockchain-based platform.

Bitrue has integrated Gala Games' GalaChain, enabling $GALA trading without Ethereum bridges. This partnership offers lower fees, enhanced security, and expanded trading options.

Gala Games has been making waves in the gaming and cryptocurrency space, thanks to its play-to-earn model and its focus on the metaverse. The GALA token, native to the platform, has experienced dramatic price movements in recent years.

A Pendle whale has made a significant windfall, realizing an eye-popping $8.16 million profit from its recent investments in the Pendle token (PENDLE). This impressive gain, amounting to a 680% return on investment (ROI), highlights the growing demand and excitement surrounding Pendle, a decentralized finance (DeFi) project.

The Ordinals Protocol's native token, ORDI, has been gaining attention from traders as it approaches a critical price level. With heightened market sentiment and a significant increase in trading volume, ORDI is positioned for potential growth in the coming days.

The crypto market is slowly returning to its full potential, where crypto trading is all about new gains and profits. In the last few days, the bulls have taken over the market.

If ORDI closes a daily candle above the $44.45 level, it could soar by nearly 40% to reach the $62 level.

According to recent on-chain data from EtherScan, Pendle team has transferred a whopping 2.025 million tokens to Binance, worth about $11.11 million. PENDLE token is swapped hands at about $5.51; it has increased over 4% over the last 24 hours and impressively 25.28% over the last 7 days.

Pendle's price action has stalled recently, raising concerns among investors as on-chain data reveals that the Pendle team has been selling off significant amounts of the token. With this new development, questions are swirling about whether Pendle is at risk of a major price drop in the near future.

Pendle price rallied to a four-month high as the positive sentiment in the crypto industry remained. It jumped to an intraday high of $5.69, continuing a bull run that started on August 5 when it bottomed at $1.828.

With altcoins struggling to sustain the bull run amid the market chaos, Toncoin and Pendle are crashing below crucial levels. While Toncoin heads below $4.63 support, Pendle breaks the 50-day EMA support.

The cryptocurrency market has started the week with a noticeable recovery, bringing renewed buying pressure across many altcoins. One standout performer is Pendle (PENDLE), which has recently climbed to a price of $4.52, marking an impressive 18% increase over the past month.

With the crypto market starting the week on a recovery note, the altcoins are witnessing a refreshed surge in buying pressure. Among the top performers, Pendle (PENDLE) has hit the $4.5 market price with an 18% jump in the last 30 days.

In his interview with members of Gnosis Pay at Token2049 in Singapore, David comes away more impressed than ever. Gnosis Pay Is the Touchpoint to Tradfi That Crypto Deserves This interview was one of my favorites at Token2049 in Singapore. First off, I think Gnosis Pay—and indeed, all Gnosis products—are underappreciated by non-technical crypto users.

A crypto strategist who accurately called the Bitcoin (BTC) correction earlier this year thinks a decentralized finance (DeFi) altcoin is getting ready to erupt.

The cryptocurrency landscape is continuously evolving, with several projects emerging that bring unique opportunities and innovations to the space. In 2024, three standout projects—Qubetics, Gala, and Kryza—are gaining traction, each offering unique propositions to investors and users.