Author: Yeek.io
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world of decentralized computing stands at a critical juncture. Chain diversity, while impressive, has presented users and developers with a fractured world of options that are not as scalable or dependable as they need to be in order to support the next generation of applications. While L2 solutions have driven significant progress in addressing scalability issues, they are nothing more than a plaster that has inadvertently created yet another fractured ecosystem of siloed chains. This paradox…
Ethereum’s recent price action has revealed critical support and resistance levels that traders should monitor. As ETH broke below the $3,593.46 support, Open Interest in Ethereum Futures contracts initially rose. Ethereum [ETH], the second-largest cryptocurrency by market capitalization, has recently broken below a key support level, sparking concerns among traders. With Bitcoin [BTC] undergoing its own correction, Ethereum has shown signs of further retracement. Analysts are eyeing $2,809 as a potential accumulation zone before a possible rebound. This setup suggests that a deeper correction might occur before the bullish momentum resumes. Support and resistance levels Ethereum’s recent price action has…
Follow Nikolaus On 𝕏 Here For Daily Posts In less than two weeks, the United States will have a new administration in office, but there’s already much debate about President-elect Donald Trump and his policies.One of the most controversial — his expressed interest in purchasing Greenland for strategic, economic and political reasons.Trump claims that buying Greenland would be vital to U.S. national security, both for monitoring and defense purposes given its location near Canada and Russia, as well as its energy.On that note, Greenland is of interest given its vast amount of natural resources in hydropower, wind power, geothermal energy, and rare…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
To the wonderful Ethereum Community, You often heard me say at conferences that Ethereum was not a company, a foundation, an implementation, or an individual. Ethereum is both an idea and an ideal, encompassing the first censorship-resistant network build specifically to enable those who need it the most to safely trade, privately self-organise and freely communicate, rather than relying on the crippled walled garden handed out by the powers that be. Due to divergence in personal values, Eth/Dev and I have mutually decided to part ways. I of course intend to continue promoting the Ethereum ideals and bring about a…
Bitcoin Market Trends: BTC Drops Despite ETF Inflows On Wednesday, Bitcoin (BTC) fell 3% to hover at $93,700, marking yet another steep loss. The decline occurs even though Bitcoin Exchange-Traded Funds (ETFs) are attracting a lot of investor interest. Tuesday saw the amount of $52 million in flows into these ETFs, increasing the weekly total reaching $1.04 billion. The gap between corporate consumer interest in Bitcoin-related products and general market sentiment is highlighted by this contrast. Source: CoinGecko Altcoin Market Resilience: Exchange Tokens and XRP Lead In the midst of a larger market sell-off, altcoin markets performed inconsistently. Because of…
What is Gwei in crypto? In the Ethereum network, Gas is used to pay for transaction fees. Gas prices are typically denominated in Gwei. Let’s take a closer look at what Gwei is and how it impacts your Ethereum (ETH) transactions. What is Gwei? Gwei explained What does Gwei mean in crypto? It’s essentially the “spare change” of Ethereum, representing one billionth of an ETH (0.000000001 ETH). Gwei is widely used for Ethereum transaction fees because those costs are typically tiny fractions of ETH. Instead of wrestling with a long string of zeros, fees are expressed in Gwei for simplicity…
The release of DeepSeek V3 has sent shockwaves through the world of Large Language Models (LLMs), with both open-source and closed-source communities taking note. This model launched just before Christmas in 2024, has earned attention not only for its impressive performance but also for its affordability and open-source availability. What’s New with DeepSeek V3? DeepSeek V3 is the latest in a series of innovations from DeepSeek.ai, a company founded in 2023 by Phantom Quant, a firm specializing in quantitative asset management. The V3 model is built on the success of its predecessors, particularly DeepSeek V2, which stood out for its…
The recent weak sentiment was marked by extended Binance stablecoin outflows. USDT dominance also spiked as investors opted to preserve capital as markets tanked. This week’s risk-off sentiment has unnerved some crypto investors, forcing most to lock-in profit or opt-out altogether to preserve capital. According to pseudonymous CryptoQuant analyst Dark Fost, the reversal of Binance stablecoins from a +$13B inflow in November to record an outflow of $310M in early January, mirrored last summer’s BTC market slump. He stated, “We are currently witnessing a reversal in stablecoin flow dynamics on Binance. This type of trend reversal was last observed in…
What does APY mean in crypto? If you are taking part in yield farming, you might have already heard of APY or APR. They are used in many yield farming programs in DeFi protocols. In this article, we’ll make the explanation of APY in crypto simple and show you how to calculate it in your yield farming. Be patient and read the article to the end as it is not only important but also gives information that helps you to invest more effectively. APY vs compound interest First, you must learn the difference between simple interest and compound interest to…