Author: Yeek.io
Este artículo también está disponible en español. Wall Street has recently found a good friend in AI. Market experts and participants have been using various AI models to predict the market and pick the next multi-bagger coin. Interestingly, AI hasn’t been a disappointment, to say the least. For instance, it correctly predicted the bull run for XRP and SOL. Solana has seen a 31% upward move in the last 5 trading days and is currently trading around $241. A new report from Bitwise has also predicted the prices to surge by more than 3,000% from here, reaching around $6,636 by…
Binance has long been one of the leading cryptocurrency exchanges in the world. With their own blockchain – the BNB Smart Chain – they’re looking to become a leader in the NFT industry as well.Formerly known as the Binance Smart Chain, the BNB Smart Chain (BSC) is a Layer-1 blockchain with the full support of the Binance crypto exchange. With this powerhouse behind it, BNB looks to dominate the DeFi space – but has also branched out into NFTs, games, and even blockchain-based art.Though incredibly popular upon its debut, BSC is facing increasing competition from other Layer-1 blockchains, and a…
A widely followed analyst and trader is leaning bullish on a top-30 altcoin by market cap while outlining the path forward for three other crypto assets. The analyst pseudonymously known as Sherpa tells his 239,700 followers on the social media platform X that the utility token of the decentralized open financial system, Hyperliquid (HYPE), is likely to surge by at least 116% from the current level before the end of this cycle. “…I still think HYPE is a great project and will go to $50+ later this cycle. It just hits too many narratives and I have a bag of…
Ripple has much to celebrate following the announcement of resignation of Gary Gensler as Chair of the US Securities and Exchange Commission. The recent upheaval at the SEC may indicate a shift in the protracted dispute between Ripple Labs and the SEC about the classification of XRP. Ripple’s legal team has conveyed confidence regarding prospective alterations in the SEC’s position, particularly with the prospect of a more cryptocurrency-friendly CEO at the helm. A New Chapter In Ripple’s Legal Dispute The news that Gensler was leaving was a surprise, but for Ripple, it marks a positive opportunity. Legal counsel for Ripple…
Step-by-Step Guide to Claiming the Jupiter AirdropHere’s how you can claim your Jupiter airdrop:1. Visit the Official Jupiter Airdrop Page2. Connect Your WalletClick the “Connect Wallet” button on the page.Choose a Solana-compatible wallet such as Phantom, Solflare, or Sollet.Approve the connection securely.3. Verify Your EligibilityOnce connected, the system will check if you qualify for the airdrop.Eligibility is based on activities like trading volume, staking, or contributing to the Jupiter community.Use the Jupuary Airdrop Checker to see your token allocation.4. Claim Your TokensIf eligible, your allocated JUP tokens will be displayed.Click “Claim Now” and approve the transaction through your wallet.Ensure you…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
A surge in DEX token prices coincided with the launch of the so-called “official” Trump meme coin on Solana. Solana DEX tokens like Raydium, Jupiter, and Orca prices were among the top gainers in the hours that followed. Raydium (RAY), the biggest decentralized exchange on Solana (SOL), rose to $6.95, its highest level since Dec. 31 and 5,730% from its lowest point in 2023. Its rally pushed its market cap to almost $2 billion. Jupiter (JUP), the largest perpetual exchange on the chain, rose to $0.85, bringing its valuation to $1.1 billion. Orca (ORCA) soared to $3.85, with its daily…
Solana has proposed to reduce the inflation rate from 5.7% to 1.5% Stakers are worried that the proposal would cut their yields The Solana [SOL] community has proposed slashing the network annual inflation rate (token emission) to 1.5%, driven by market conditions. Tushar Jain, Managing Partner at Multicoin Capital, made the proposal and faulted the current inflation model. In a recent interview on the Lightspeed podcast, Jain summarized the proposal as, “Our idea is to make emission rate driven by market forces. Right now, we emit the same amount of SOL tokens no matter the market conditions. We’re proposing a…
NFT market momentum was evident this week alongside broader crypto gains, as Bitcoin surpassed $103,000. Source: CoinGecko CoinMarketCap data shows that the overall crypto market cap has grown to $3.6 trillion from last week’s $3.3 trillion. Bitcoin (BTC) NFTs, meanwhile, fell 10.9% to $27.5 million, though buyer participation soared 174.98% to 23,827. According to CryptoSlam data, NFT sales volume reached $164.3 million, up 5.8% from last week. The market saw a strong return of traders, with buyer and seller numbers more than doubling. The weekly metrics show renewed market activity: NFT sales volume grew to $164.3 million from $155.4 million…
The crypto VC funding sector touted a $150 million Series C round this past week, bringing total weekly investments to over $700 million. Payment solutions, wallet infrastructure, and financial services drew the most capital, according to Crypto Fundraising data. Let’s dive deeper into the key crypto VC funding efforts and which firms were involved. Helio, $175 million MoonPay acquired the startup for $175 million. Helio, the decentralized finance (DeFi) platform, is backed by Pantera Capital; blockchain and gamification innovator Animoca Brands; DAO Maker, a platform for decentralized venture funding; and OKEx Ventures, the investment arm of one of the largest…