Author: Yeek.io

In an effort to bring the community more information about the going-ons at Ethereum, we’re planning to release semi-weekly updates of project progress. I hope this provides some high-level information without having to live on GitHub 😉 The Go and C++ teams have daily standups and are making regular progress along with several other improvements around the ecosystem. Concurrent with this, the teams are gearing up for DEVCON1, preparing talks and presentations along with finalizing more details in the coming weeks. If you haven’t already registered, visit https://devcon.ethereum.org/ to join the fun next month in London. Now on to the updates… Mist Hoping…

China’s inflation data for December has raised fresh concerns over deflationary pressures, underscoring the persistent challenges facing the world’s second-largest economy as it grapples with weak domestic demand. China’s consumer inflation edges lower China’s consumer price index (CPI) rose just 0.1% year-on-year in December, according to data from the National Bureau of Statistics (NBS). The reading matched consensus estimates but marked a slowdown from the 0.2% increase in November. Core CPI, which excludes volatile food and energy prices, rose 0.4% year-on-year, slightly improving from a 0.3% gain in the previous month. On a month-on-month basis, CPI remained flat, compared with…

Cardano whales bought 10 million ADA tokens in 24 hours. ADA has declined by 8.82% over the past day. After experiencing a strong uptrend over the past week, Cardano [ADA] has retraced. At the time of writing, the altcoin has dipped from $1.15 to a low of $0.98, over the past 24 hours. This decline has created a buying opportunity, with large holders turning to buy the dip. Over the past 24 hours, Cardano whales have purchased 10 million ADA tokens, according to crypto analyst Ali Martinez. Any impact on ADA? While the Cardano whale buying spree is expected to…

The Biden administration is preparing a final round of export restrictions on advanced artificial intelligence (AI) chips, marking a last-minute effort to limit China and Russia’s access to cutting-edge technologies, as per a Bloomberg report. The proposed measures aim to consolidate US leadership in AI development and ensure global compliance with American security and human rights standards. America’s bid to control AI Chips The report said citing sources that the new rules will introduce a three-tier system for regulating the export of AI chips, which are crucial for data center operations and advanced computational tasks: Tier 1 Countries: This group…

Bitcoin price extended losses and traded below the $95,000 zone. BTC is correcting gains and might struggle to recover above the $96,500 level. Bitcoin started a fresh decline from the $97,500 resistance zone. The price is trading below $97,000 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $94,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $92,500 support zone. Bitcoin Price Dips Below $95K Bitcoin price failed to start a recovery wave above the $98,000…

Over the last five days, myself, our executive director Ming Chan, and several others from the Ethereum team and Ethereum-based projects and businesses including Maker, String/Dfinity and Consensys have been visiting China and Hong Kong, where there have been a series of back-to-back conferences and events most notably including the Blockchain Workshop in Hong Kong on Oct 11-13 and the “First Global Blockchain Summit” in Shanghai organized by our friends at Wanxiang on Oct 15-16, while at the same time continuing to work on our usual tasks of research, development, planning DEVcon and administrative matters. Both conferences proved to be,…

As inflation begins to cool, the Social Security cost-of-living adjustment (COLA) for 2025 has been set at 2.5%. This increase, although modest compared to the previous years, is a crucial lifeline for retirees, providing them with a slight boost to their benefits. While some may have hoped for a more significant raise, this COLA comes amidst an economic shift that could impact retirees both positively and negatively in the long run. Here’s everything you need to know about the Social Security COLA increase for 2025 and how it affects you. What is the Social Security COLA increase for 2025? The…

This bearish thesis will only hold if it closes a daily candle below the $0.70 level. On-chain metric revealed that exchanges have witnessed an inflow of nearly $1 million worth of POPCAT. Popcat [POPCAT], is poised to continue its downside momentum due to the formation of bearish price action. The overall cryptocurrency market is struggling following yesterday’s price crash, and in this environment, POPCAT was hit hard, witnessing a price decline of over 22%, in a day. It failed to hold a crucial support level. POPCAT technical analysis and key levels  Based on AMBCrypto’s technical analysis, POPCAT has broken down…

The past week’s volatility saw three clear bullish performers emerge from among the popular large-cap assets Since November, Injective has been weaker compared to Cardano or Stellar Bitcoin [BTC] had a volatile start to the year. Since Wednesday the 1st of January, it rallied 9.93% from $93.4k to $102.7k before plunging 7% over the past 24 hours. At press time, BTC was trading at $95.5k. Some large-cap altcoins that performed well during the past week were Cardano [ADA], Stellar Lumens [XLM], and Injective [INJ]. While ADA has fallen below the psychological $1 level again, its rising Total Value Locked (TVL)…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Analyzing ChatGPT’s top 5 crypto picks for the 2025 market surge. The cryptocurrency market is gearing up for a significant shift in 2025. Key digital assets are expected to rise above the rest, showing remarkable growth. This article uncovers the top five cryptocurrencies highlighted by ChatGPT to lead this upcoming surge. XYZ: The new meme coin heavyweight XYZVerse breaks the mold as the first all-sports meme token, blending the excitement of sports fandom with the viral appeal of meme…