Author: Yeek.io

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…

As the year slowly runs out, market players are sharing insights on some top altcoins to watch, with a selected few earning the top spots for highly significant returns. Amongst them are Solana (SOL) and Pepe (PEPE). Considering the impressive performances that Solana coin and PEPE coin have showcased since the start of the bull market, there are speculations that there is a lot more bullish potential for these altcoins in 2025. Alongside these two gems, Elluminex (ELX) also ranks as a highly favorable choice. Its expansive ecosystem and DEX features signal it as one of the top cryptos to…

Data shows the Bitcoin Fear & Greed Index still hasn’t achieved an extreme value. Here’s what this could mean for BTC’s price recovery. Bitcoin Fear & Greed Index Is Sitting At 75 Right Now The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment present among the investors in the Bitcoin and wider cryptocurrency markets. This index bases its estimation on the following five factors: volatility, trading volume, social media sentiment, market cap dominance, and Google Trends. The indicator represents the calculated sentiment as a score lying between zero and hundred.…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

Cryptocurrency trader and analyst Ali Martinez believes Ethereum (ETH) could have a massive breakout due to one key factor. Martinez tells his 114,500 followers on the social media platform X that crypto whales are loading up on Ethereum, adding buying pressure that could cause the altcoin to increase more than 100% above its current value. The analyst says that on-chain data is shows whales made more than $1 billion in total ETH purchases in the past seven days alone. “Whales have accumulated over 330,000 Ethereum in the past week, valued at more than $1 billion!” Source: Ali Martinez/X The analyst…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana, Uniswap, and Elluminex remain undervalued, with Elluminex poised to tap into a 1 billion-user market. While many top crypto coins have skyrocketed in value in this bull market, there are a handful that have remained at attractive prices. According to speculators, Solana (SOL), Uniswap (UNI), and Elluminex (ELX) are some underpriced cryptos that could explode soon. While many speculators believe SOL could rally to $1,000 soon, UNI could retest $50 over the next few weeks. However, savvy market…

JasmyCoin made a new lower low on Wednesday, 15 January, making the structure bearish Lower timeframe weakness in Open Interest revealed bullish sentiment was feeble JasmyCoin [JASMY] shed 18.66% of its value, compared to its daily open a month ago. The token was on a steady downtrend, which appeared to have been halted in December, but wasn’t. And yet, there was evidence for accumulation. The price action charts outlined two key levels for JASMY. Despite the losses a week ago, JasmyCoin bulls have the potential to enforce a recovery. Range extremes are still important for JasmyCoin Source: JASMY/USDT on TradingView…

While 2024 was not particularly stellar for Ethereum (ETH) in terms of price action, 2025 might finally bring some much-needed optimism for ETH bulls. Several analysts believe ETH is on the verge of a massive breakout that could see the cryptocurrency establish new all-time highs (ATH). Is It Finally Time For Ethereum? Ethereum, the second-largest cryptocurrency by market capitalization, may finally outshine its peers this year. According to crypto analyst Jelle, ETH has been trading within a long-term bullish pennant for three years and recently tapped into all available downside liquidity. Source: Jelle on X The analyst emphasized that the…