Author: Yeek.io

io.net, a distributed compute network, has announced a strategic partnership with Injective, a high-speed Layer 1 blockchain for finance. Both FinTech firms have joined forces to integrate decentralized AI capabilities into blockchain technology. Additionally, the partnership aims to integrate Injective’s iAgent AI agent framework with io.net’s decentralized GPU compute platform to unlock more possibilities for developers in the space for AI and blockchain. The iAgent SDK released on November 19, allows performing blockchain operations including payments and on-chain trading through AI with the help of large language models (LLMs) like OpenAI. The collaboration targets to equip developers with the means…

The Cardano price currently finds itself in a risky position, and technical analysis highlights the possibility of a significant price correction. The analysis, conducted on the 4-hour candlestick chart and shared on TradingView, points to a potential 15% decline for the Cardano price in light of a recent break below the Exponential Moving Averages (EMAs). Cardano Price Breaks Below EMAs To Open Up Bearish Scenario As noted by a crypto analyst (SwallowAcademy) on the TradingView platform, Cardano started the week with four consecutive bearish candles on the 4-hour timeframe, leading to a drop below the drop below Exponential Moving Averages (EMAs). This…

Key Features of Revolut Crypto Ownership of CryptocurrenciesInitially, Revolut’s crypto service operated on a derivative model. Users could trade contracts tied to cryptocurrency prices rather than owning the coins. This model sparked criticism as it limited user control.Now, Revolut allows users to own cryptocurrencies, providing options to transfer them to external wallets like Ledger Nano X. However, this feature is limited to selected users and assets. Wide Cryptocurrency SupportRevolut supports over 200 cryptocurrencies, including Bitcoin, Ethereum, and lesser-known altcoins. When it launched its crypto service, only five major coins were available. This expansion reflects Revolut’s commitment to becoming a versatile…

Over the next few weeks, I am going to make a series of posts that is going to be a large overview of the possibilities for scalability of Ethereum, intending to create a precise understanding of the problems at bay in implementing a scalable cryptocurrency infrastructure, and where the least-bad tradeoffs and sacrifices required to solve those problems might lie. As a general outline of the form that this series is going to take, I intend to first discuss the fundamental problem with Ethereum 1.0 as it stands, as well as every other cryptocurrency platform in existence, and introduce limited…

Quick take: The company plans to deploy the fund across 100 early-stage projects, 25 liquid tokens and 10 funds over the next three years. Sigma is led by Vineet Budki, the former CEO and managing partner of Cypher Capital. The company wants to capitalise on the UAE’s clearer regulatory framework for digital assets. Sigma Capital has launched a $100 million Web3 fund to invest in early-stage crypto startups. The company plans to deploy the fund across 100 early-stage projects, 25 liquid tokens and 10 funds over the next three years. According to the announcement, Sigma primarily targets decentralised finance, blockchain…

The TON Foundation, a blockchain entity associated with the messaging app Telegram, is stepping up its efforts to establish a presence in the U.S. This move comes on the back of anticipated positive regulatory environment in the Trump administration. With the political shift, TON blockchain is positioning itself to capitalize on the evolving opportunities in the U.S. market.TON Blockchain Eyes US Growth Backed by Trump’s Pro-Crypto PoliciesIn a recent post on X, TON blockchain has expressed optimism about expanding into the United States under the Trump presidency. Donald Trump’s administration has pledged to position the U.S. as a global leader…

Uniswap Labs and Ledger have teamed up to let users swap tokens directly in Ledger Live with ease. This means users will be able to trade on Uniswap without having to leave their Ledger Live app and yet still keep their assets safe with Ledger’s secure hardware wallets. According to the press release, the Uniswap Trading API, developed by the same team that created popular blockchain infrastructure, is now available within Ledger Live. “Our mission is to unlock value through universal exchange,” said Mary-Catherine Lader, COO of Uniswap Labs. “We’re working with Ledger to simplify the self-custody user experience, bringing…

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…