Author: Yeek.io

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…

Cannes Mayor David Lisnard has unveiled plans to train local merchants on accepting cryptocurrency payments as the city prepares to host the Ethereum Community Conference later this year. Lisnard announced the initiative via LinkedIn, highlighting Cannes’ commitment to supporting cryptocurrency payments as part of its broader Web3 strategy.  In preparation for the 8th edition of EthCC, scheduled to take place from June 30 to July 3, 2025, the city government will organize training sessions for merchants to integrate crypto payment systems. The first session, set for February 4 at the Palais des Festivals et des Congrès, will cover key areas…

XRP has surged by over 10% twice in just one week Is this a calculated move, or does XRP have genuine long-term value? If there’s one coin making the most of Bitcoin’s recovery post the second Fed clash, it’s XRP. Following impressive 10% gains in a single day – its second such surge in just a week – XRP HODLers are finally seeing their patience pay off. As profits roll in, all eyes are now on how far this rally can go. Could we be on the verge of a $3 breakthrough? Whales will tell A massive $12.68 million in…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing how Lightchain AI is positioning itself among the market’s elite. The cryptocurrency market thrives on innovation, and projects that deliver cutting-edge solutions often ascend to elite status. One such contender is Lightchain AI, a blockchain project that has quickly gained attention for its transformative approach to decentralized ecosystems. With a presale price of $0.00525 and $10.6 million raised so far, Lightchain AI is solidifying its position as a frontrunner in the race to dominate the next generation of…

Este artículo también está disponible en español. Diese drei Kryptowährungen könnten im Januar 2025 jede Menge Chancen bieten und teilweise laut der Einschätzung einiger Experten ihr volles Potenzial jetzt erst noch entfalten. Um diese Coins geht es dabei genau und diese Gelegenheiten bieten sich dabei für Anleger. Die besten Kryptowährungen im Januar: 1. Bitcoin Im Januar weiter ein spannendes Investment, könnte vor allem die Mutter aller Kryptowährungen Bitcoin sein. Das liegt nicht zuletzt an den Aussichten, die sich aufgrund des Amtsantritts von Donald Trump ergeben. So wird aktuell erwartet, dass der Republikaner bereits in den ersten Stunden seiner Tätigkeit einige…

One of the challenges when creating a new cryptocurrency is figuring out what the distribution model is going to be. Who is going to receive the currency units, at what time, and what is the mechanism that decides? Despite the crucial importance of this question, there has actually been comparatively little thought into the issue compared with other aspects of currency, like consensus algorithms and feature sets. The question is particularly challenging because, just like many other problems in the cryptocurrency space that have parallels in the “real world” at large, cryptocurrencies also face the requirement of decentralization: it is…

The NFT ecosystem experienced its worst year in terms of trading volume in 2024, with trades dropping to levels last seen in 2020. According to blockchain data provider DappRadar, total non-fungible token trading volume fell to $13.7 billion in 2024, marking a significant drop from $16.8 billion recorded in 2023. The report highlighted that the NFT market faced persistent volatility throughout the year, leading to lower trading volumes and sales compared to previous years. Trading activity declined by 19%, while sales dropped by 18% year-on-year. Total NFT sales fell to 49.8 million in 2024, down from over 60 million in…