Author: Yeek.io

Ethereum holds steady above $3,300, as crypto traders gear up for President-elect Donald Trump’s inauguration. Derivatives traders are bullish on Ethereum, and open interest in Ether’s derivatives contracts crossed $30 billion as of Friday. Ethereum’s large wallet investors continue accumulating the token despite its lacklustre price performance in 2024. The altcoin enjoys a high correlation with Bitcoin, and the recent market movers are conducive to gains in Ether.  Ethereum sees big bets from derivatives traders Ethereum derivatives data on Coinglass shows a nearly 47% increase in options trade volume in the past 24 hours, as derivatives open interest hovers around…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Azuki 2,584.98 ETH 205 ethereum View 2 Azuki Elementals 701.86 ETH 409 ethereum View 3 Pudgy Penguins 632.19 ETH 28 ethereum View 4 BEANZ Official 367.46 ETH 454 ethereum View 5 Lil Pudgys 258.20 ETH 110 ethereum View 6 Raccoons: Genesis Pass 244.61 ETH 2578 ethereum View 7 VCITYNODE 175.00 ETH 7 polygon View 8 Kaito Genesis 138.58 ETH 19 ethereum View 9 Doodles 135.95 ETH 28 ethereum View 10 Bored Ape Yacht Club 101.94 ETH 7 ethereum View

PostFinance is expanding its service to include a “staking” function Worth addressing the implications of staking on cryptocurrencies and crypto holders PostFinance, a Swiss state-owned bank, took a significant step by integrating a “staking” service into its cryptocurrency management options. This addition comes about a year after PostFinance first offered trading and custody of cryptocurrencies, in collaboration with Sygnum Bank. Now, clients can earn passive income by staking their Ethereum directly through PostFinance’s platforms, with plans to expand to other cryptocurrencies soon. Staking allows users to support blockchain security and operations by locking up their cryptocurrencies, earning them “staking rewards”…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing 5 altcoins with the potential to outshine Bitcoin’s recent rally. Bitcoin’s recent surge is capturing attention, but other cryptocurrencies might offer even greater rewards. Five altcoins are poised to outperform Bitcoin’s rally, and this article uncovers these rising stars. XYZ to take the meme coin championship XYZ is stepping into the crypto ring, delivering KO punches to scam projects, farming flops, and low-value tokens. As the first-ever sports-focused meme coin, it’s blazing through the market like a true…

Este artículo también está disponible en español. After a red Monday, the crypto market seems to be moving toward a green end of the week, registering an 18.54% increase from this week’s lows. Altcoins have broken out of a bullish formation, fueling investors’ optimism about the upcoming Altseason. Related Reading Altcoins Final Shakeout ‘Completed’ On Friday, the crypto market recovered from its recent correction, with Bitcoin (BTC) reclaiming the $100,000 mark after days of hovering below this resistance level. Similarly, The King of Altcoins, Ethereum (ETH), reclaimed the $3,400 range after dipping below a key support level earlier this week.…

Homepage > News > Business > This Week in AI: US AI infrastructure order; Copilot AI monetization Joe Biden signs executive order for development of US AI infrastructure This week, U.S. President Joe Biden signed an executive order to expand and support the development of artificial intelligence (AI) infrastructure within the United States. The order focuses on building and scaling AI on U.S. soil to reduce the United States’ reliance on foreign infrastructure and to bolster national security, innovation, and the transition to clean energy. “Advances at the frontier of AI will also have significant implications for United States economic…

A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of a move to the upside. In a new thread, crypto trader Michaël van de Poppe tells his 763,900 followers on the social media platform X that even though the crypto king looks like it’s on the cusp of an impulsive move, it will likely still be outpaced by altcoins in the Ethereum (ETH) ecosystem. “Very likely we’ll see a new impulse on Bitcoin in the coming period. However, I think it’s more likely that we’ll see altcoins outperform Bitcoin, especially the ETH ecosystem. Lower yields, weaker…

Bitcoin has made an impressive recovery, surging over 15% since Monday’s flash crash brought the price briefly to the $89,000 level. The rebound has reignited bullish momentum, with BTC now attempting to push above a key supply zone. Analysts believe that once BTC clears these levels, it could deliver significant returns, setting the stage for a broader rally in the cryptocurrency market. Adding to the optimism, data from CryptoQuant reveals that open interest on top exchanges has climbed to 350,000 BTC and is trending upward. This surge in open interest indicates growing trading activity and heightened interest from both institutional…

Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain degree (the exact percentage of which may differ between platforms). Below is a table that shows the data for the…

An RSI finding of 56 suggested UNI was trading below the overbought zone At press time, 67.63% of top UNI traders on Binance held long positions, while 32.37% held short positions With the larger cryptocurrency market rebounding across the board, Uniswap’s native token – UNI – broke out from a bullish price pattern. This signaled a potential upside move, with this breakout coming after a prolonged struggle the asset has faced since December 2024. Uniswap (UNI) technical analysis According to AMBCrypto’s technical analysis, UNI broke out from a descending triangle pattern on the daily timeframe, hitting the resistance level of…