In this paper we first study the structure of certain ideals of ${\rm Lip}(X,K,d^\alpha)$. Next we show that if $K$ is infinite and ${\rm int}(K)$ contains a limit point of $K$ then ${\rm Lip}(X,K,d^\alpha)$ has at least a nonzero continuous point derivation and applying this fact we prove that ${\rm Lip}(X,K,d^\alpha)$ is not weakly amenable and amenable.X