Author: Yeek.io

A widely followed cryptocurrency analyst believes payments altcoins XRP is gearing up for a run to a new all-time high. The analyst pseudonymously known as Credible Crypto tells his 453,500 followers on the social media platform X that the third-largest digital asset by market cap just shattered its immediate resistance. According to the trader, the move puts XRP in a position to surge to a fresh record high. “We may have a breakout on our hands here. Swing and spot positions looking great here and we continue to simply let those ride till a new ATH (all-time high). Will actively…

Este artículo también está disponible en español. As a crypto investor, there are several reasons to be excited about the bullish momentum of the market in the coming months. In 2024, institutional OTC (over-the-counter) crypto trading volumes more than doubled, recording a 106% surge. This momentum was primarily driven by the victory of Donald Trump. Moreover, the launch of the highly anticipated Bitcoin ETFs added to the growth trajectory. The fourth quarter of the previous year proved pivotal, with Bitcoin and Ethereum leading the charge. Trading volumes of these two coins soared by 80% and 187%, respectively. While altcoins were…

Este artículo también está disponible en español. Mancano solo pochi giorni all’insediamento del nuovo presidente degli Stati Uniti, Donald Trump, e l’attesa cresce tra gli investitori. Il suo imminente ingresso alla Casa Bianca, accompagnato da un’amministrazione composta da sostenitori e difensori del settore crypto, sta alimentando forti aspettative. Nonostante la recente correzione del mercato, in seguito alla pubblicazione dei dati economici positivi provenienti dagli Stati Uniti, molti esperti sono convinti che stiamo per entrare in una nuova era. Un’era che potrebbe segnare l’inizio di una delle fasi più promettenti per il settore crypto. Con l’arrivo della nuova amministrazione, diversi asset…

Special thanks to Vlad Zamfir and Zack Hess for ongoing research and discussions on proof-of-stake algorithms and their own input into Slasher-like proposals One of the hardest problems in cryptocurrency development is that of devising effective consensus algorithms. Certainly, relatively passable default options exist. At the very least it is possible to rely on a Bitcoin-like proof of work algorithm based on either a randomly-generated circuit approach targeted for specialized-hardware resitance, or failing that simple SHA3, and our existing GHOST optimizations allow for such an algorithm to provide block times of 12 seconds. However, proof of work as a general…

0Sony has rolled out the Soneium Mainnet, an Ethereum Layer 2 blockchain, as part of its growing involvement in Web3 technologies. According to a statement by the company, the initiative, led by Sony Block Solutions Labs, S.BLOX Inc., and SNFT Inc., is designed to provide creators with decentralized tools to boost engagement and revenue opportunities.The Soneium Mainnet addresses key challenges associated with Ethereum, such as high transaction fees and slow processing speeds. It follows the August 2024 release of the testnet, Soneium Minato, which attracted 1,700 applicants and launched 32 projects. Developers can now transition their apps from the test phase to…

The TON Foundation, associated with Telegram Messenger, is planning to expand into the U.S. market, anticipating more favorable regulatory conditions under President-elect Donald Trump. As part of its U.S. expansion strategy, the foundation has appointed Manuel Stotz, founder of Kingsway Capital Partners, as its new president. Stotz will succeed Steve Yun, who will remain on the board, according to Bloomberg.  The Open Network (TON) is a blockchain platform that enables Telegram’s 950 million users to access services such as in-app payments and games, often using its native cryptocurrency, Toncoin. The foundation’s move into the U.S. reflects its belief that the…

Ethena token stabilized after falling sharply in recent days following Spark’s announcement of stablecoin integration. Ethena (ENA) rose to $0.83 on Jan. 14, recovering from this week’s low of $0.7255. Despite the rebound, the token remains 35% below its highest level this year and has formed a risky chart pattern that suggests a potential further retreat. Spark, the 13th-largest player in the decentralized finance, industry by assets, announced it would integrate Ethena’s USDe (USDE) and sUSDe stablecoins into the Spark Liquidity Layer. As part of the integration, Spark Liquidity Layer will allocate stablecoins to Ethena, with plans to increase the…

FARTCOIN’s 64% hike followed a 57% drop, sparking fresh speculation on its momentum Rising Futures Open Interest indicated renewed market confidence in FARTCOIN’s upward movement Solana’s FARTCOIN noted a 64% surge in the last 24 hours. This reversal came to be after it had previously dropped by 57% on the charts. This unexpected rally has sparked speculation about whether the altcoin can maintain its upward momentum or not. As attention shifts to FARTCOIN’s performance, many are questioning what has driven this sudden surge, especially in the face of broader struggles within the Solana-based memecoin space. State of Solana-based memecoins The…

Vertical Compute, a Belgian semiconductor startup focused on optimizing AI chip architecture, has raised €20 million in an all-equity seed round just three months after its launch. Co-founder Sylvain Dubois is a former Google semiconductor strategist while Sebastien Couet served imec, for over ten years as its leader in R&D in the semiconductor field and hopes to bridge memory bottlenecks that restrain the scalability of AI. The funding round was led by imec.xpand, the venture capital arm of R&D hub imec, with participation from French VCs Eurazeo and XAnge, and Swiss investor Vector Gestion. The acquired funds will be used…

VARA’s XRP approval boosts Dubai’s global fintech leadership and cross-border payment capabilities. Analyst predicts XRP’s market cap could reach $500 billion, driving significant growth. Dubai’s Virtual Assets Regulatory Authority (VARA) has approved the use of Ripple [XRP] cryptocurrency. Thus, positioning Dubai as a trailblazer in fintech innovation. This allows XRP to facilitate seamless international money transfers through the emirate. Dubai’s XRP integration Renowned for its efficiency and low-cost transactions, XRP is all set to revolutionize cross-border payments, offering substantial benefits to businesses and individuals. By establishing a robust regulatory framework, Dubai continues to champion the integration of cutting-edge financial technologies. …