Author: Yeek.io

The Ethereum Foundation is thrilled to announce a scalability, usability and security grant of five million dollars (USD) to Parity Technologies. For several years, Parity Technologies has been an invaluable member of the Ethereum ecosystem for their leadership in core development efforts, their Parity Ethereum client and more. Their work has continued at a blazing pace. At Devcon4 in Prague, Parity team members presented their plans to develop a Serenity implementation, exampling an exciting direction for the years ahead. By all metrics, Parity is a major technical contributor to the Ethereum project, and they’ve notably done so as a self-financed…

During October, sales volume increased by 18%, the NFT market staged a notable comeback following a slump series. Monthly NFT volumes rose to $356 million from a low of roughly 300 million dollars in September, which is the lowest since 2021, according to data from CryptoSlam. The number of NFT trades had been steadily declining until March, when annual rates reached a peak of $1.6 billion; this rise marked a significant departure from previous patterns. Source: CryptoSlam Trade volumes have decreased by 20% since August only, September proved to be a difficult month for the NFT industry. Many people were…

A popular crypto analyst is still optimistic about a new memecoin that’s already up nearly 50x in less than three months. The pseudonymous trader known as Altcoin Sherpa says that he thinks the Solana (SOL)-based memecoin Fartcoin (FARTCOIN) will still go up, but he notes that he has some concerns. “I decided to lower my size on this one yesterday and am going to be patient with Fartcoin from here on out. I still think it’s an amazing meme and it’s going to go much higher but I would like to see it chop around more and make sure it…

At Bitcoin 2024 this past July, Samara Alpha Management and Bitcoin Magazine Pro selected Boreal, a market neutral DeFi hedge fund, as the winner of this year’s Bitcoin Alpha Competition.Boreal was awarded $1 million in seed capital as well as access to Samara’s institutional-grade infrastructure to help manage its fund.Boreal stood out because of its trading strategy, which utilizes various DeFi protocols to generate yield on top of US dollars, bitcoin and ether.“Even when things are super bearish, there’s always a way to generate returns in DeFi,” said Boreal’s founder Evan Morris, who has been in the crypto space since 2016 and…

After weeks of consistent price correction, Bitcoin latest performance now appears to be demonstrating a rebound as the asset has earlier today reclaimed the $96,000 price mark now approaching the $98,000 level. As Bitcoin approaches this key level, data shows that the top crypto has shown mixed signals across key market indicators, reflecting a subtle yet significant shift in investor sentiment. Particularly, analysts have identified specific patterns in funding rates and premium metrics, which serve as vital tools for interpreting market sentiment and predicting potential price movements. Bitcoin Current Funding Rates And What It Signals A notable observation by CryptoQuant…

NOTE: DUE TO A SECURITY VULNERABILITY WE ARE POSTPONING CONSTANTINOPLE. PLEASE DISREGARD THE INSTRUCTIONS IN THIS BLOG POST. CLICK HERE FOR MORE INFORMATION. The Ethereum network will be undergoing a scheduled upgrade at block number 7,080,000, which is predicted to occur on Wednesday, January 16, 2019. The exact date is subject to change depending on block times between now and then and could be activated 1-2 days before or after. A countdown timer can be seen at https://amberdata.io/blocks/7080000. You can monitor the network upgrade in real time at http://forkmon.ethdevops.io/. What is Constantinople? Constantinople is the name given to this network…

In this AlphaX review, we dive into everything you need to know about this promising DEX platform. If you’re wondering, is AlphaX safe or is AlphaX trustworthy, you’ve come to the right place. It claims to offer secure, private, and efficient trading with advanced features designed for leverage traders.  We’ll take a close look at what AlphaX offers, the safety of its platform, and whether its decentralized structure lives up to expectations. What is AlphaX? AlphaX is a decentralized exchange (DEX) that brings a unique mix of privacy, security, and powerful trading tools to the crypto derivatives trading space. The…

As December 2024 ended, the S&P Global Brazil Manufacturing Purchasing Managers’ Index (PMI) doubled to 50.4, down from 52.3 a month before. This dip marks the slowest expansion pace in factory activity seen all year, matching the August numbers. This data points to a pivotal moment for Brazil’s manufacturing scene, as it struggles with shifting demand and rising operational costs. Brazilian factories see slower new orders One of the standout points from December’s PMI report is the slowdown in new orders, which climbed at the gentlest rate in four months. While some industries, like electronics and automotive parts, are seeing…

Recent trends show steady, measured growth for NEAR’s Total Value Locked (TVL). NEAR could see a brief rally before potentially dropping to the $2.45 level. Over the past 24 hours, NEAR Protocol [NEAR] has emerged as one of the market’s top gainers, surging by 10.42%. This marked its first double-digit gain following a month-long decline of 25.79%. Despite the recent upward momentum, a broader perspective reveals potential obstacles that could hinder further growth. If these barriers hold, NEAR might face a drop into lower price regions. Consistency amid declining activity According to DeFiLlama, the Total Value Locked (TVL) on NEAR…

Annual deliveries for automaker Tesla fell for the first time in years, sending its share price down by more than 6% in early trading hours. By 9:57 am, the stock had regained some of the losses, and was down by 3.61%. The company reported 495,570 deliveries for Q4 of 2024, falling short of analysts’ expectations of 504,770. Annual deliveries dropped to 1.79 million, a slight decline from 1.81 million in 2023, marking the company’s first annual drop in years. 459,445 vehicles were produced in Q4, bringing Tesla’s annual production to 1.77 million units for 2024. Tesla delivery numbers miss estimates…