Author: Yeek.io
ETH supply has surged to $120.5M tokens, climbing back to pre-Merge levels. Analyst believe this could extend ETH’s price underperformance against BTC. Ethereum [ETH] supply is back to pre-Merge levels, raising questions about the potential impact on the altcoin price. For context, The Merge (the transition from Proof-of-Work, PoW, to Proof-of-Stake, PoS, in September 2022) had several key goals. These included energy efficiency, reduced ETH issuance (supply), and a foundation for future scalability upgrades. However, the recent shift in ETH supply dynamics, over 120.5 million ETH, indicates that one of the key goals is yet to be achieved. Source: Ultra…
Ethereum price started a recovery wave above the $2,650 zone. ETH is now struggling to clear the $2,880 and $2,920 resistance levels. Ethereum started a decent upward move above the $2,620 zone. The price is trading below $2,750 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,800 level. Ethereum Price Recovery Could Soon Fade Ethereum price started a recovery wave above the $2,550 level, like Bitcoin.…
Este artículo también está disponible en español. According to a recent CryptoQuant Research post, Bitcoin (BTC) network activity has slumped to a 12-month low, with CryptoQuant’s Bitcoin Network Activity Index currently at its lowest level since February 2024. Bitcoin Network Activity Drops As Market Consolidates Data from CryptoQuant’s Bitcoin Network Activity Index shows that activity has declined by 15% from its peak in November 2024. As of February 5, the Index stands at 3,760, marking its lowest level in the past year. Related Reading The decline in network activity is primarily attributed to a sharp drop in the number of…
The meme coin market has dropped by 1.9% today, and Dogecoin has led the way with a 2.3% retracement and 21% this week. But not all meme coins are down – others show notable strength. This article provides five of the best meme coins to buy based on what’s hot at the moment. Wall Street Pepe Wall Street Pepe has generated unprecedented demand in its token presale, raising over $69 million in two months. The project is raising funds to build a trading insights ecosystem to provide everyday people with market-beating tools usually reserved for smart money whales. This includes…
Crypto enthusiasts searching for promising coins should examine these four options that stand out in the market today. The selection includes both established and emerging cryptos. Traditional favorites like Ethereum (ETH) and Solana (SOL) are featured alongside newer entries like BlockDAG (BDAG) and Onyxcoin (XCN). Each of these coins presents distinct advantages, from handling large transaction volumes to supporting decentralized finance and maintaining low transaction fees. Delving into each coin’s primary features can help individuals find the perfect match for their digital asset objectives. Some coins have already achieved significant gains, while others are just beginning to catch the attention…
IntroductionIn an economic landscape increasingly characterized by monopolization and the dominance of institutionalized credit, innovative technologies and protocols are emerging that have the potential to change the foundations of our economy and society. At the forefront of this are Bitcoin and Nostr—two groundbreaking protocols that together can usher in a new era of innovation, free from the financial constraints of the fiat system. This article examines the history and mechanisms that enable Bitcoin and Nostr to act as catalysts for innovation and human progress.Innovation under Hard Metal CurrenciesIn the days of hard metal currencies, especially during the gold standard, innovation…
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…
NFT gaming has emerged from a niche experiment into a significant segment of the gaming industry. Early successe stories like Axie Infinity demonstrated the potential of play-to-earn (P2E) models, but also revealed challenges that the sector must overcome to achieve mainstream status. As we look ahead from 2025 to 2030, this forecast examines key worldwide trends shaping the NFT gaming market – from investment inflows and adoption hurdles to evolving game quality and economic models. We also highlight major players driving innovation and provide data-driven predictions for the industry’s growth. The coming years will be critical in determining whether NFT…
Homepage > News > Business > Blockchain to enter Singapore F&B; AgriTech poised for growth In anticipation of upcoming legislation, food and beverage (F&B) operators in Singapore have been encouraged to integrate blockchain technology into their operations to enhance compliance standards. The call came as lawmakers in the city-state focused their efforts on enhancing traceability standards within the local ecosystem to ensure consumer protection in line with the new Food Safety and Security bill. Members of Parliament (MPs) advanced the bill past the second reading as it moves toward its final stages. The bill seeks to eliminate unsafe and expired food products from the supply chain before the final consumer can access them. A community reading of the bill makes it mandatory for sector players to keep clear information…
A high liquidation zone for Dogecoin lies at $0.27, which could cause a short squeeze. If these positions are wiped out, the ensuing liquidations could aid a breakout from consolidation. Dogecoin [DOGE]has been under bearish pressure after dropping by 20% in seven days. At press time, the largest memecoin was trading at $0.264, with a market capitalization of $39 billion. Despite bears remaining in control, the volatility that rocked Dogecoin earlier this week is waning and forcing the memecoin into consolidation. However, a liquidation cluster hovering above the current price could act as a magnet zone that will push DOGE…