Author: Yeek.io

Thanks to all the developers and team leads who contributed to the sections on their projects In the last month and a half, the Ethereum network went through a rapid growth in usage, to the point that it now processes as many transactions per second as Bitcoin. To accommodate the increased load, which has on a few occasions reached the network’s full capacity for hours at a time, the community independently came together and miners voted to increase the gas limit to 6.7 million. We at the Foundation have been rapidly putting additional resources toward increasing the efficiency of the…

Key Insights Cloud mining is now accessible to everyone, regardless of skill or experience level. DDB Miner stands out among similar cloud mining choices by allowing users to rent mining power and mine cryptos from home. The platform offers top-notch accessibility, 24/7 security, easy registration, lucrative offers, and much more. Take charge of your finances today by visiting the DDB Miner official website. Financial independence is a lot more attainable, especially in today’s digital era. Platforms like DDB Miner now allow users to earn impressive passive income through cloud mining.  Here are some of the basics of cloud mining and…

Aave remained in a tight range on Saturday, but a combination of strong technicals and soaring deposits means that it could rebound soon. Aave (AAVE), originally known as ETHLend up until September 2020, was trading at $353 at last check Saturday. It remains 370% above its 2024 lows.  Source: CoinGecko Data shows that the total value locked in its network soared to a record high of 6.12 million ETH, or $5.12 billion. Another figure by TokenTerminal shows that the ecosystem’s net deposits are at a record high of $36 billion. That’s higher than the $10 billion in deposits it had…

Ai16z, the viral Solana meme coin focused on artificial intelligence, suffered a harsh reversal and moved into a local bear market. This decline is mostly due to profit-taking, as the token was up by over 20,500% from its lowest level in November. Its market capitalization peaked at $2.3 billion earlier this week. Ai16z (AI16z) dropped to a low of $2 on Saturday, Jan. 4, down by over 21% from this month’s high of $2.50. Nansen data shows that the number of smart money holders has fallen from 118 in November to just 80 on Saturday. Their combined holdings have fallen…

Ethereum rebounded and reclaimed a previous support of $3.5k on the charts Will positive seasonality trends in January extend ETH’s recovery?  Ethereum [ETH] rallied by 4% on Friday and in doing so, reclaimed its December range-lows – A move that signaled a potential extended recovery on the charts.  Interestingly though, the king altcoin saw its mindshare drop to a 12-month low during the most-recent holiday sell-offs.  Source: Kaito Over the same period, it declined from over $4k but entered a narrow consolidation above $3,300 in late December. Hence, the question – Will the recovery extend itself after the altcoin reclaimed…

Rumors are swirling through the cryptocurrency community regarding the commencement of FTX’s long-awaited $16 billion repayment plan to creditors, a move that has garnered both excitement and skepticism.  As the defunct exchange, once led by the now-convicted Sam Bankman-Fried, prepares to initiate these payments, key industry players are expressing optimism about the potential positive impact on the crypto market. $16 Billion Creditor Repayment Process Many analysts believe that a portion of the cash payments from FTX’s repayment plan will flow back into the cryptocurrency market, thereby bolstering the overall bullish trend of the digital asset ecosystem.  The expectation is that…

The Foundation believes Encrypted Media Extensions (EME) should not be published as a W3C Recommendation, and we are now making public the formal objection the Ethereum Foundation submitted to the W3C opposing the recommendation of EME. As a member of the W3C, the Ethereum Foundation contributes to the standards-making process and votes on matters such as the EME recommendation. Many developers and researchers at the Ethereum Foundation conduct security research and build software that use web technology, and from that perspective, we have objections to EME as well as Digital Rights Management (DRM) in general. Most if not all people who use…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Some people wake up and have no idea where they left their phone the night before. Then, there are those who instinctively check their social media accounts before their eyes are even fully open. For many, this means scrolling through notifications on Instagram, Facebook, X, and TikTok—starting their day with a digital inventory before they’ve even had time to wake up. These days, users have even found new ways to engage with social media beyond traditional use…

SEC regulations have crippled the growth of several crypto projects. Binance Coin is a high profile victim, dropping drastically after the SEC sued Binance’s CEO Changpeng Zhao and sent him to prison. Ripple is another target, and while its issue with the SEC is more prolonged, there seems to be light at the end of the tunnel.  In essence, crypto analysts believe an XRP price resurgence is on the cards. Several indications point to this eventuality, including an XRP metric showing a 40% surge in December. Will XRP eventually break a new all-time high in 2025, like veterans predicted? XRP: The…

Este artículo también está disponible en español. Ethereum has kicked off the new year with a strong performance, surging over 9% in just a few days. This rally has brought renewed optimism to the market, especially among analysts and investors who had grown concerned about Ethereum’s prolonged underperformance compared to Bitcoin. Over the past months, ETH struggled to maintain momentum, causing many to question its near-term potential. Related Reading However, top analyst Daan recently shared an insightful chart that has shifted the narrative. According to Daan, Ethereum has historically shown significant activity during the first quarter of the year, even…