Author: Yeek.io

Pixelport, an NFT super app, has launched its incentivized testnet to show how easy it can be to manage NFTs across different blockchains in a market expected to reach $13.6 billion by 2027. By integrating Analog’s Generic Message Passing (GMP) protocol, Pixelport aims to help creators, developers, and early adopters explore cross-chain minting and fractional ownership. The testnet is now open for anyone interested in trying out Pixelport’s features. Participants can use the platform to create and transfer NFTs on multiple networks, all while discovering how these assets can evolve into more than just collectibles. Pixelport believes NFTs extend beyond…

The cryptocurrency market, often perceived as a hedge against traditional economic instability, is closely tied to macroeconomic indicators and policy decisions. This week, key US economic data—including the S&P Global Services PMI, JOLTS job openings, and unemployment rates—will play a crucial role in shaping investor sentiment. The implications for the crypto market are far-reaching, especially as these indicators provide signals on the Federal Reserve’s next moves regarding monetary policy. S&P Global Services PMI and its ripple effect on crypto The S&P Global US Services PMI, a key indicator of economic health, is scheduled for release today. Covering industries such as…

Real Vision CEO and former Goldman Sachs executive Raoul Pal says one Solana (SOL) rival is about to enter “hyperspace” after cracking a critical resistance. Pal tells his 1.1 million followers on the social media platform X that layer one blockchain Sui (SUI) is set for breakout rallies after shattering through its all-time high near the $5 level. “SUI pressing its nose against the ceiling… after this, it should go into hyperspace.” Source: Raoul Pal/X Since Pal’s post, SUI has rallied and is trading at $5.28 at time of writing. Looking at Solana, the investor says he’s also bullish on…

The cryptocurrency market constantly shifts and occasionally presents new opportunities for investors that are better than those of more well-known altcoins. Long a blockchain favorite, Solana (SOL) trades at $191.18 as of writing. However, its most recent performance has been subpar and cannot beat its all-time high (ATH) of $260.  Priced at $0.175 during its presale, Rexas Finance (RXS) has surged 485% in the past two months, positioning itself as a better altcoin to SOL. For investors trying to boost returns, it thus offers a better investment substitute. Solana’s sluggish growth vs. RXS’s rapid ascent Solana is a high-performance blockchain,…

Este artículo también está disponible en español. XRP, the cryptocurrency behind Ripple, has been a hot topic lately, with analysts predicting a possible price increase to $11. However, before this can happen, XRP has to face a significant challenge: a short-term price correction. Despite the positive long-term view, the asset is expected to face a pullback before any meaningful rally can take place. Resistance at $2.73 is currently the key level XRP must overcome for further price movement. Crypto analyst Ali Martinez sees this resistance as crucial for the maintenance of a bullish trend of XRP. Related Reading The Critical…

The DAO soft-fork attempt was difficult. Not only did it turn out that we underestimated the side effects on the consensus protocol (i.e. DoS vulnerability), but we also managed to introduce a data race into the rushed implementation that was a ticking time bomb. It was not ideal, and even though averted at the last instance, the fast approaching hard-fork deadline looked eerily bleak to say the least. We needed a new strategy… The stepping stone towards this was an idea borrowed from Google (courtesy of Nick Johnson): writing up a detailed postmortem of the event, aiming to assess the root causes of the issue, focusing solely on…

Homepage > News > Finance > Emerging tech add to uncertain economic outlook: RBI The newly appointed governor of the Reserve Bank of India (RBI), Sanjay Malhotra, has signaled that the financial landscape will continue to face significant challenges in the medium term. He pointed to the growing uncertainties posed by the rapid rise of new and emerging technologies.  “The medium-term outlook remains challenging, with downside risks from possible intensification of geopolitical conflicts, sporadic financial market turmoil, extreme climate events and rising indebtedness. Stretched asset valuations, fragilities in the less regulated non-bank financial intermediaries, and threats from new and emerging…

Binance will list Solv Protocol’s native token SOLV on Jan. 17 after airdropping the token on its Megadrop platform. In a Jan. 6 announcement, Binance revealed that spot trading for SOLV, the native token for Solv Protocol (SOLV), on Jan. 17 at 10:00 UTC, offering trading pairs with USDT, BNB, FDUSD, and TRY. Upon listing, the token’s circulating supply would be 1,482,600,000 SOLV tokens, which represents 17.65% of the token’s genesis supply of 8,400,000,000 SOLV and 15.35% of the maximum supply of 9,660,000,000 tokens. The platform first announced its plans to list SOLV on Dec. 30, explaining that it would…

  Mog Coin has surged by 36.39% over the last seven days. Market fundamentals signaled that MOG was positioned for more gains as demand surged. Since hitting a local low of $0.0000019, Mog Coin [MOG] has experienced a strong upswing to reach a local high of $0.00000297. At the time of this writing, MOG is trading at $0.00000294, marking a 36.39% increase on weekly charts. The altcoin has also extended this bullish outlook on daily charts, rising by 8.78%. Before this price pump, MOG had been on a downward trajectory, dropping by 26.46% on monthly charts. With the weekly gains, the…

The Russian government has approved a bill regulating the taxation of crypto transactions. What will now change in the country’s tax base? The Russian government has passed a bill regulating cryptocurrency taxation. Prepared by the Ministry of Finance, the bill gives crypto property status, as local media reports. This means companies must pay income tax on crypto transactions, while individuals will be subject to personal income tax. The rate for Russian citizens will vary from next year depending on their income — from 13% to 22%. Crypto transactions will not be subject to value-added tax though. Citizens and legal entities…