Author: Yeek.io
Bitcoin has continued its bearish price action as on-chain data shows the inflows into the cryptocurrency market have seen a sharp decline recently. Cryptocurrency Capital Inflows Have Seen A Notable Drop Recently As explained by analyst Ali Martinez in a new post on X, capital inflows for the cryptocurrency sector have slowed down over the past month. Capital enters (or exits) the digital asset market through mainly three asset classes: Bitcoin (BTC), Ethereum (ETH), and the stablecoins. It’s only once that inflows have made it to these coins that they rotate out into the altcoins. Thus, the flows related to…
I thought it was about time I’d give an update on my side of things for those interested in knowing how we’re doing on the Dutch side. My name is Jeff, a founder of Ethereum and one of the three directors (alongside Vitalik and Gavin) of Ethereum ÐΞV, the development entity building Ethereum and all the associated tech. Over the past months I’ve been been looking for a suitable office space to host the Amsterdam Hub. Unfortunately it takes more work than I initially anticipated and have got nothing to show for so far. I’ve past on this tasks to my…
Intesa Sanpaolo Makes a Bold Move into Bitcoin A commotion was created when Intesa Sanpaolo, the largest bank in Italy, paid over one million euros (US$1 million) to buy eleven Bitcoins. Through this transaction, the bank represents the initial institution in Italy to directly participate in cryptocurrencies, raising the possibility that the country’s traditional financial industry is evolving. Following internet reports, Intesa Sanpaolo’s press office acknowledged the transfer. When a purportedly written internal email by Niccolò Bardoscia, the head of the bank’s Trading and Investment division for Digital Assets, was posted on 4chan, speculation started. Source: Intesa Sabpaolo A New…
Homepage > News > Business > 5 things only massively scalable enterprise blockchains can do After a dark few years in the wake of the FTX collapse and the digital currency winter that followed, there’s light at the end of the tunnel, and optimism is returning to the enterprise blockchain industry. This time, the focus is squarely on utility and scalable ledgers. While niche applications can exist on limited chains like BTC and Ethereum, these low-throughput, high-fee ledgers won’t cut it for genuinely game-changing use cases. Let’s unpack some of those use cases and explore why only unbounded, high-capacity, low-fee…
Robinhood has agreed to a $45 million settlement with the United States Securities and Exchange Commission after its broker-dealer entities were found to have violated multiple securities laws. An SEC order made public on Jan. 13 claims that Robinhood Securities LLC and Robinhood Financial LLC committed over 10 violations of securities law provisions ranging from failures in reporting suspicious activity to safeguarding customer information, among others, “between at least 2018 and April 2024.” According to the commission, “both firms admitted certain findings in the order and agreed to be censured,” with Robinhood Securities consenting to pay a $33.5 million penalty…
On-chain metrics reveal that exchanges have witnessed an outflow of $54 million worth of DOGE memecoins. DOGE could soar by 25% to reach the $0.40 level if it holds a 0.30 level. Dogecoin [DOGE], the popular and largest crypto memecoin, has been gaining significant attention from crypto enthusiasts amid the current market uncertainty. At the time of writing, the overall cryptocurrency market, including major assets like Bitcoin [BTC], Ethereum [ETH], and others, appeared to be struggling. 81.44% of traders on Binance hold DOGE’s long positions Amid the market downtrend, traders and investors have shown strong interest and confidence in…
Mit Blick auf die vergangene Woche bleiben Bitcoin und Ethereum im roten Bereich: Gegenüber der Vorwoche sank der Preis des Bitcoin um 7 Prozent, Ethereum um 14 Prozent. Geht es im Laufe der Woche wieder bergauf oder befinden sich die Nummer 1 und Nummer 2 laut Marktkapitalisierung in einer Abwärtsspirale? Bitcoin schwächelt Am 6. Januar durchbrach der Bitcoin wieder die 100.000 US Dollar-Marke und stieg auf über 102.000 US Dollar, dennoch konnte sich die Kryptowährung nicht über der psychologisch wichtigen Unterstützungsmarke halten. Am 9. Januar lag der Bitcoin bei unter 92.000 US Dollar – in Minus von rund 10.000 US…
The announcement on January 14 revealed that Soneium’s testnet phase was a success, recording 15 million active wallets and over 47 million transactions. The mainnet now boasts 6.8 million blocks with an average block time of 2 seconds. Over 7.3 million contracts are live on the platform, according to Blockscout data.Soneium’s journey began in August 2024, with the introduction of its testnet, Soneium Minato. Developers and creators used this environment to explore its capabilities, resulting in 32 projects selected from the Soneium Spark incubation program and numerous independent applications spanning entertainment, gaming, NFTs, and finance.The transition from testnet to mainnet…
Is the newly formed Protocol Council the key to strengthening EigenLayer’s protocol security and supporting community-driven growth? On Jan. 14, EigenLayer (EIGEN) announced the formation of the Protocol Council to ensure protocol security and evaluate EigenLayer Improvement Proposals. The news was shared via a tweet from the Eigen Foundation. 3/ The Protocol Council maintains protocol security by reviewing/approving EigenLayer Improvement Proposals (ELIPs), ensuring all changes advance the protocol and support ecosystem growth.This marks a pivotal step in the evolution of EigenLayer’s decentralized governance.— Eigen Foundation (@eigenfoundation) January 13, 2025 EIGEN is a protocol built on Ethereum (ETH) that introduces restaking,…
Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Azuki 1,721.10 ETH 122 ethereum View 2 Pudgy Penguins 861.54 ETH 38 ethereum View 3 Azuki Elementals 854.15 ETH 415 ethereum View 4 Doodles 449.81 ETH 114 ethereum View 5 BEANZ Official 392.51 ETH 423 ethereum View 6 Bored Ape Yacht Club 221.58 ETH 15 ethereum View 7 Lil Pudgys 216.68 ETH 91 ethereum View 8 CryptoPunks 184.22 ETH 5 ethereum View 9 Art DeCC0s 159.10 ETH 6094 ethereum View 10 Mutant Ape Yacht Club 127.58 ETH 46 ethereum…