Author: Yeek.io

Ethereum’s price surged to $3,380, marking a 4.6% hike within just 24 hours Recent whale deposits on Kraken, alongside rising OI, hinted at potential short-term price pressure Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to exhibit dynamic market trends in early 2025. A giant whale recently deposited 20,000 ETH (Valued at $67.6 million) into Kraken, reigniting discussions about large-scale investor activity and its influence on Ethereum’s price movement. This whale, who once withdrew 217,513 ETH from exchanges in September 2022, has been actively engaging with Kraken since March 2024.  Such moves often signal significant shifts in market sentiment…

Can Grayscale’s XRP Trust revive institutional interest in XRP? On Jan. 17, 2024, Grayscale Investments, a digital currency asset management firm, has announced the reopening of its XRP (XRP) Trust to eligible accredited investors. Grayscale XRP Trust is open to eligible accredited investors seeking exposure to $XRP, which powers the XRP ledger, a distributed network used for cross-border payments. Learn more about Grayscale XRP Trust, see important disclosures, or reach out to us: https://t.co/2gq5w3Fbpj pic.twitter.com/n8JyvryR6u— Grayscale (@Grayscale) January 16, 2025 The Grayscale XRP Trust allows institutional and accredited investors to gain exposure to XRP through a regulated investment product. The…

Toncoin (TON) has shown signs of recovery, trading above $5.5 after experiencing price declines in recent weeks. This rebound has not only boosted TON’s market capitalization by some millions but also brought investors to ponder on Toncoin’s potential for a sustained rally. Particularly, as the TON market stabilizes so far, questions about investor sentiment and market risk are coming to the forefront. Is Now The Time To Buy TON A CryptoQuant Quicktake Platform contributor Darkfost recently analyzed Toncoin’s market behavior, focusing on the annualized realized volatility over a one-week period. This metric as shared by the analyst has dropped below…

In the first part of this series, we talked about how the internet allows us to create decentralized corporations, automatons that exist entirely as decentralized networks over the internet, carrying out the computations that keep them “alive” over thousands of servers. As it turns out, these networks can even maintain a Bitcoin balance, and send and receive transactions. These two capacities: the capacity to think, and the capacity to maintain capital, are in theory all that an economic agent needs to survive in the marketplace, provided that its thoughts and capital allow it to create sellable value fast enough to…

In a Web3 world often dominated by roadmaps, utility promises, and high-stakes speculation, Based Minis by Peekcell stands out as a refreshing reminder of what NFTs can truly represent: creativity, joy, and a sense of community. This solo art NFT project has captivated the attention of collectors and art lovers alike, becoming a strong contender for “base grail” status in the digital art space. But what exactly makes Based Minis so special, and why are so many people excited about their potential? Let’s dive into the journey of Based Minis, the creative mind behind the project, and why this collection…

Rebound from the support level at $1.35 could be key to WIF’s next move as price tests resistance near $1.80 WIF token transfer has been on the rise, as well as its DEX trading volume since the rebound On the daily chart, dogwifhat (WIF) registered a distinct rebound off the $1.06 support level – A sign of robust buying interest at this price juncture. In fact, the price seemed to be testing the $1.738 zone which acted as immediate resistance. A convincing breakout above this level could target the next significant resistance at $2.00. This was indicated by the Volume…

A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern. A bull pennant pattern is a continuation pattern where a period of consolidation is often followed by a breakout. “XRP has one of the most bullish setups in crypto right now after the recent retest of the breakout zone!” Source: Ali Martinez/X He also says XRP may soar to…

Bitcoin‘s price has demonstrated remarkable performance in the last few days, revisiting the pivotal $100,000 threshold. With the general crypto market recovery strong following recent news about Donald Trump’s inauguration as the new president of the United States, BTC could muster enough momentum to reclaim its current all-time high. Key Chart Formation Emerges As Bitcoin Recovers As momentum builds in the market, informative platform IC News has cited a price trend on the Bitcoin chart that might trigger a notable rally for BTC in the short term. Looking at BTC’s movements, the platform highlighted that a significant falling wedge formation…

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…

In the first two parts of this series, we talked about what the basic workings of a decentralized autonomous corporation might look like, and what kinds of challenges it might need to deal with to be effective. However, there is still one question that we have not answered: what might such corporations be useful for? Bitcoin developer Jeff Garzik once suggested that one application migh be a sort of decentralized Dropbox, where users can upload their files to a resilient peer-to-peer network that would be incentivized to keep those files reliably backed up. But aside from this particular example, what…