Author: Yeek.io

In line with the general crypto market, Chainlink (LINK) registered a significant price gain in the last week rising by 20.41% according to data from CoinMarketCap. Interestingly, X-based market analysts More Crypto Online have rolled out a market condition critical to sustaining this price uptrend. Chainlink Faces Potential Correction In a recent X post, More Crypto Online shared a cautious technical analysis of the LINK market. Using the Elliott Wave Theory, these analysts have determined Chainlink must stay above $23.85 to preserve its current bullish trend. For context, the Elliott Wave Theory is a trading tool used by traders to predict…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Milady Maker 2,643.05 ETH 471 ethereum View 2 Azuki 2,145.13 ETH 202 ethereum View 3 Pudgy Penguins 987.74 ETH 47 ethereum View 4 Azuki Elementals 871.87 ETH 594 ethereum View 5 Trump Digital Trading Cards 719.49 ETH 2332 polygon View 6 CryptoPunks 633.33 ETH 12 ethereum View 7 Redacted Remilio Babies 503.15 ETH 474 ethereum View 8 Trump Digital Trading Cards Series 2 383.92 ETH 4972 polygon View 9 Lil Pudgys 378.02 ETH 171 ethereum View 10 BEANZ Official…

The recent advances in quantum computing have resuscitated the concerns about the future of blockchain security. Blockchain networks rely heavily on cryptographic algorithms to secure transactions and user data and they could potentially be at risk as quantum computers develop the ability to break through these cryptographic defences. The fear is that quantum computers might be able to quickly solve problems that would take classical computers thousands of years to crack, potentially rendering the cryptographic foundations of many blockchains obsolete. For instance, Google’s Willow chip recently completed a calculation in five minutes that would take traditional supercomputers billions of years.…

Solana’s volume in the decentralized exchange industry jumped to a record high on Sunday, Jan. 19. According to DeFi Llama, Solana’s (SOL) DEX protocols handled $19.47 billion in volume, up from $19.37 billion the previous day. The previous daily record was $7.5 billion in November last year. This surge happened because of the recent launch of the Official Trump (TRUMP) meme coin that launched on Friday, Jan. 17. So far, the token has gained a market capitalization of over $7.5 billion, while its 24-hour trading volume jumped to $11 billion. Most of this volume is happening in Solana DEX networks,…

Raydium emerged as the top Solana DEX with a strong lead in network fees and revenue RAY climbed to hit new ATH as market excitement made a comeback on the charts Solana’s ecosystem is once again seeing some excitement and Raydium is still the most popular means of access. This means that Raydium is keeping up with the same trend observed last year, one during which it was the king of Solana DEXs. Raydium has maintained a strong lead as the most dominant DEX in the Solana ecosystem over the last 12 months. This was particularly evident based on the…

The Dogecoin price looks set to witness a significant explosion to the upside based on a recent analysis by crypto analyst Trader Tardigrade. The analyst revealed a bullish pattern that could send Dogecoin to as high as $5.   Dogecoin Price Set To Explode To As High As $5 In an X post, Trader Tardigrade predicted that the Dogecoin price could explode to as high as $5. This came as he noted that Dogecoin is set to finish the final stage of its bull run. The crypto analyst added that the Chande Momentum Oscillator (ChandeMO) indicates that DOGE still has a…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

China’s relationship with cryptocurrency is a tale of contradictions. Once a global leader in Bitcoin mining and cryptocurrency trading, the country seemed poised to dominate the digital currency landscape. But all of a sudden, it became one of its biggest adversaries. And it doesn’t seem to plan to budge despite the increasing global appeal of the industry. In this article, we’ll dive into the far-reaching effects of China’s crypto crackdown—exploring the resilience of underground trading, Hong Kong’s emergence as a pro-crypto haven, and the role of China’s Central Bank Digital Currency (CBDC) in shaping the future of digital assets in…

SHIB’s price declined by 5.67% in just 24 hours Shiba Inu’s outflow surged on the charts with over 2.3 trillion tokens moving off exchanges The last 24 hours saw Shiba Inu’s [SHIB] price attempt to break out of a downtrend. Alas, without some success. Even so, the popular memecoin hit a local high of $0.0000249, climbing from a low of $0.0000217 on the charts. The memecoin registered a slight pullback soon after though. And, at the time of writing, SHIB was trading at $0.00002271 following a fall of 5.67% on the daily charts. Here, it’s worth noting that the crypto’s…

Golden cross confirmed long-term strength on the altcoin’s chart Exchange outflows spiked while daily active addresses surged  The Virtuals Protocol (VIRTUAL) is navigating a critical market phase right now. Especially as the price tests significant Fibonacci support levels, while on-chain metrics highlighted increasing network engagement despite recent price volatility. Needless to say, the token’s trajectory has grabbed market attention as network fundamentals strengthened amid price consolidation. VIRTUAL Fibonacci levels signal critical support test VIRTUAL’s price action hit a decisive point at $2.846, coinciding with the 0.5 Fibonacci retracement level at $2.638. Furthermore, the token recorded a 14.17% decline, with the…