Author: Yeek.io

This upward movement indicates heightened market interest for AIXBT, likely influenced by the whale’s investment.  Despite this, the token’s MVRV has not yet reached extreme levels often associated with market tops, suggesting that the rally could extend if buying momentum remains robust.  A recent acquisition of 3.47 million aixbt by Virtuals [AIXBT] tokens, valued at approximately $1.96 million, has captured significant attention in the cryptocurrency community. This purchase by a prominent investor highlights the growing interest in AIXBT and suggests potential implications for its market dynamics. Price action analysis Following the whale’s acquisition, AIXBT’s price experienced notable volatility. The token’s…

Este artículo también está disponible en español. Donald Trump wird in wenigen Tagen der neue Präsident der USA. Für die Kryptoszene ein Event, das mit viel Spannung erwartet wird, immerhin werden von den positiven Auswirkungen seiner Maßnahmen Kurssteigerungen für Bitcoin, Ethereum & Co. erwartet. Doch was genau plant die neue US-Regierung? Und welche Chancen ergeben sich daraus für Anleger? Erste Krypto-Amtshandlung von Donald Trump bekannt Am 20. Januar wird Donald Trump als neuer Präsident der USA vereidigt. Schon jetzt deuten Berichte der Washington Post darauf hin, dass der Republikaner am Amtstag Nummer eins eine neue Regelung einführen dürfte, die auch…

Este artículo también está disponible en español. The Bitcoin price has recovered above $97,000, providing a bullish outlook for the flagship crypto. Despite this development, BTC traders still look apprehensive as their strategy suggests they are still bearish on the current price action.  Bitcoin Traders Turn Bearish Following Price Recovery In an X post, crypto analyst Ali Martinez revealed that Bitcoin traders have turned bearish despite the price recovery above $97,000. The crypto analyst mentioned that the percentage of traders on Binance betting BTC will rise has declined from 66.35% to 55.22% over the past 24 hours.  Related Reading Source:…

The Necessity to Build and Launch an Ecosystem on Genesis Day Imagine if Microsoft released the Xbox and there were no games. On the day on which the Ethereum genesis block is created, many of the elements of the ecosystem — core infrastructure, mining network, user app browser and applications — will be in place.  Granted there will be an enormous amount of development to do beyond the genesis to craft Ethereum into a sophisticated, decentralized consensus (decentcon) application platform.  But on day one, there will be “launch titles.” Originally, when the idea behind Ethereum was conceived in November, the…

Whale activity and social dominance fuel ai16z’s bullish breakout, with resistance near $1.40. Technical indicators and funding rates suggest sustained momentum, but caution around overbought conditions remains. Whale activity around ai16z [AI16Z] has sparked intrigue, with notable purchases pushing the price up significantly. Recently, a $2.9M Solana [SOL] conversion was used to acquire 2.25M ai16z tokens at $1.29, now worth $3.8M.  At press time, ai16z was trading at $1.36, surging 18.57% over the last 24 hours. While this momentum is promising, traders are questioning whether the rally will continue or if a pullback is imminent. AI16Z price action analysis: Signs…

Some miners at OCEAN have started making use of the Coin Age Priority algorithm during block template construction using DATUM. Originally, Bitcoin Core originally selected transactions to include in blocks based on what they had seen first in their mempool. This logic was eventually replaced by prioritizing older coins, i.e. that had been sitting around unspent longer, over other coins. This was eventually only applied to a small portion of the blockspace, and then eventually done away with entirely around the time of Segwit. It’s still maintained in Bitcoin Knots. I can only speculate as to the motives of the…

Este artículo también está disponible en español. After rocketing up to the highs of $108,000 in December 2024, Bitcoin now has fallen to about $96,000. This has led to renewed debate among analysts as to what this means for the leading cryptocurrency. Some think that it may all be a warning, but others, such as Fundstrat’s Tom Lee, are still bullish long-term. Related Reading $50,000 The Worst-Case Scenario? Recently, Tom Lee shared his opinions with CNBC during an interview as a response to the fears regarding Bitcoin’s latest retreat. He stated that corrections up to $70,000 or even down to…

Our current proof of work design, blockchain-based proof of work, is the second iteration of our attempt to create a mining algorithm that is guaranteed to remain CPU-friendly and resistant to optimization by specialized hardware (ASICs) in the long term. Our first attempt, Dagger, tried to take the idea of memory-hard algorithms like Scrypt one step further by creating an algorithm which is memory-hard to compute, but memory-easy to verify, using directed acyclic graphs (basically, trees where each node has multiple parents). Our current strategy takes a much more rigorous track: make the proof of work involve executing random contracts…

The Dubai Multi Commodities Centre and REIT Development have unveiled plans for a 17-story Crypto Tower in Jumeirah Lakes Towers. The tower will feature blockchain-powered tenant services to foster innovation in blockchain, decentralized finance, and artificial intelligence. With 150,000 square feet of leasable space, the building aims to accommodate the growing community of blockchain, DeFi, and Web3 companies in Dubai. Construction of the Crypto Tower is expected to be completed by the first quarter of 2027, according to a DMCC release.  The tower will consist of nine office floors for crypto startups and established firms, three floors for blockchain incubators…

January 15, 2025The following post contains a recap of news, projects, and important updates from the Spartan Council and Core Contributors from last week.👉TLDRSunsetting Arbitrum: Traders on Arbitrum can no longer open new positions & are advised to migrate positions to Base (see below for details). Synthetix is also transitioning USDx on Arbitrum to USDe.LP incentives on Base have been extended: From now through February 6th, Synthetix will be distributing 15,000 SNX and 20,000 USDC weekly.sUSD peg issue addressed: Most of the issues have been resolved, see below for next steps.New incentive program for yield farmers: Starting January 16th, 5,000…