Author: Yeek.io
Cryptocurrency trader and analyst Ali Martinez is predicting a triple-digit rally for XRP as he offers his insight on two other altcoins. Martinez tells his 113,700 followers on the social media platform X that XRP could skyrocket by 200% from the current level. Citing on-chain data, the trader says that the third-largest crypto asset by market cap is currently experiencing heavy demand. “On-chain data reveals that whales have been heavily accumulating XRP. In the last week alone, they’ve purchased over 1.10 billion XRP. This buying pressure is building momentum. XRP has broken out of a bull pennant, a classic bullish…
Bitcoin heeft het de afgelopen 7 dagen goed weer goed gedaan. Dat is verrassend, want de afgelopen weken leek het er lang op dat er een grondige correctie zou gaan plaatsvinden. Gelukkig was er deze week veel positief nieuws uit de Verenigde Staten, wat het geloof in de Bitcoin koers weer deed aanwakkeren. Daardoor staat Bitcoin op het moment weer boven de $100.000 en is het interessant om te zien wat er de komende dagen gaat gebeuren. Gunstige inflatie in de Verenigde Staten Gunstige inflatiecijfers uit de Verenigde Staten waren de afgelopen weken een van de redenen waarom Bitcoin stijgt.…
How Does Crypto Burning Work?The process of burning crypto typically involves transferring tokens to an address where they cannot be accessed. Known as a “burn address” or “eater address,” this wallet lacks private keys, ensuring the tokens sent there are irretrievable. Projects may initiate burns at specific intervals, based on predefined rules or community votes, or as a one-time event.Common methods of burning include:Manual Burns: Developers decide when and how many tokens to burn.Automated Burns: The process is programmed into the blockchain, often tied to transaction fees or smart contracts.Buyback and Burn: The project buys tokens from the market and…
Ethereum Foundation developers anticipate the Pectra upgrade to launch in the mainnet around March 2025. In a call on Jan. 16, known as Execution Layer Meeting 203, led by Tim Beiko, Protocol Support Lead at the Ethereum (ETH) Foundation, the developers reviewed the progress of the Pectra upgrade, which will be implemented after the Dencun update. The team confirmed that Pectra Devnet5, a specialized developer testing network created for Ethereum developers to trial the Pectra upgrade, is now live. https://twitter.com/terencechain/status/1879892324353991052 What issues will Pectra upgrade solve? The Pectra upgrade is a paramount step in addressing some of the core issues…
Homepage > News > Business > 6 digital asset ATMs installed daily in 2024: report As the digital asset market added over $1.5 trillion to its market cap in 2024, boosted by the rise of an insane memecoin rally where even the most absurd projects minted hundreds of millions of dollars (Fartcoin, CumRocket, and Unicorn Fart Dust, to name just a few), one of the big winners was the digital asset ATM sector, a new report has revealed. Last year, 2,217 digital asset ATMs were installed globally, a 6.02% rise year-on-year, the report by Finbold revealed. This translated to just…
HBAR soared 20%, driven by a new partnership in the RWA tokenization market and rumors of an upcoming HBAR ETF. Hedera (HBAR) rallied for four consecutive days to reach a 38-month high of $0.399 on Jan. 17, with its market cap briefly surpassing Stellar Lumens (XLM) before settling at $14.5 billion at press time. HBAR’s recent gains were accompanied by a surge in activity and demand among traders, as reflected in the doubling of its trading volume to over $2.65 billion in the last 24 hours and a 25% rise in open interest in the futures market, reaching $562.46 million…
We live in a world where technology continues to push boundaries, unlocking new possibilities. Yet, the challenges of scalability, real-time efficiency, and trust in decentralized systems remain unresolved. These challenges are particularly critical for Decentralized Artificial Intelligence (deAI) and Decentralized Science (DeSci) applications, which demand immense computational resources, real-time data processing, and secure, verifiable systems to manage their complex operations. The Problem Traditional blockchain networks struggle to meet the demands of modern applications. Their inherent limitations, such as slow transaction confirmation times and the need for global on-chain consensus, prevent them from delivering the low-latency, high-throughput performance required by real-time…
Per Brandt, ADA was ripe for the next leg higher after defending March peak. Strong whale accumulation could set ADA’s next bull run. Cardano [ADA] marked $0.8 as the local bottom after December and leveraged the support for a 34% recovery gain over the past two weeks. Interestingly, the $0.8 was the March 2024 peak, and the altcoin has so far defended for a possible leg higher. Reacting to the development, renowned trader and analyst, Peter Brandt, noted that ADA was ready for a ‘grand bull run’ after marking the March high as a bottom. “Alt season???? Make no doubt…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin stagnates, investors are turning to Remittix as the next big crypto opportunity for Q1 2025, with its PayFi utility poised to rival top altcoins like Solana and Shiba Inu. Recent Bitcoin price movements have taken it further from its 30-day high. A rebound after a brief stoop below the $90,000 price level on Monday extends BTC’s oscillation between the $105,000 and $90,000 mark to almost a month. Bitcoin’s lackluster performance has triggered a hunt for the best…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…