Author: Yeek.io
Historical context – Do whale purchases lead to sustainable gains? When analyzing XRP’s historical data, it can be seen that spikes in whale activity – such as transactions exceeding $100K and $1M – often correlated with price surges. For instance – Significant whale buying in mid-2023 preceded a notable rally, but these gains were short-lived, retracing within weeks. Conversely, the whale-driven rally in late 2023 showcased a more sustained uptrend, with the price stabilizing at higher levels post-spike. Source: Santiment This underlines a recurring theme – While whale activity often sparks short-term euphoria, long-term price resilience depends on broader market…
As we step into 2025, it’s time to take a measured and analytical approach to what the year might hold for Bitcoin. Taking into account on-chain, market cycle, macroeconomic data, and more for confluence, we can go beyond pure speculation to paint a data-driven picture for the coming months.MVRV Z-Score: Plenty of Upside PotentialThe MVRV Z-Score measures the ratio between Bitcoin’s realized price (the average acquisition price of all BTC on the network) and its market cap. Standardizing this ratio for volatility gives us the Z-Score, which historically provides a clear picture of market cycles. Figure 1: MVRV-Z Score shows…
Expanding the Meaning of OwnershipOwnership is no more only regarding physical things. Utility NFTs enable one to get verifiable proof of ownership in digital and physical ways. Regarding events, there appear the NFT-based event passes having inbuilt security and resisting any chance of counterfeiting. Similarly, ownership of virtual land in metaverse platforms is authenticated through blockchain assets, ensuring clear rights and traceability.This concept has also entered traditional industries. Real estate transactions now integrate NFTs to represent deeds, making processes faster and reducing paperwork. By using blockchain technology, both buyers and sellers can have confidence in the authenticity of ownership documents.Real-World…
Přátelé. Just a quick update today! Applications for sponsorships, scholarships, student discounts and builder discounts will be up until 11:59PM PST on July 24th. After that, there will no longer be a way to submit an application for these tracks. Please note that if you’ve already submitted an application or do so before the deadline, it will be processed and responded to by the Devcon team in short order! As we continue to work toward providing everyone an opportunity to attend Devcon, we’re capping applications in preparation for future waves and to give the general public the chance to join…
What is the first block created in the blockchain? On January 3, 2009, an individual under the pseudonym Satoshi Nakamoto mined Bitcoin’s first block, known as the Genesis block, containing 50 BTC. Embedded in its hash was the headline of a British Times article: “Chancellor on brink of second bailout for banks.” The article highlighted challenges in the UK banking sector and the government’s efforts to address them. Some believe Satoshi included this headline to underscore the vulnerabilities of traditional finance. But let’s get back to a genesis block. What exactly is it in blockchain? What is a genesis block?…
The Dogecoin (DOGE) and DTX Exchange (DTX) have emerged as key stakes at focal points for investors in the continually evolving cryptocurrency market. As the Dogecoin price retraces to significant support levels, many analysts suggest that now might be the best time to accumulate this viral altcoin. DTX, on the other hand, is being seen as a potential 100x altcoin by some, which has got traders and investors excited, while at the same time, DOGE has been on top of its game with the latest updates which have been covered here for those who may want to invest in them.…
Bitcoin futures open interest has gone down to $56.6 billion, after taking a plunge at the start of 2025. Since then, BTC OI has not been able to recover and has reverted to its November ATH. According to data from Coinglass, Bitcoin (BTC) OI has fallen to $56.6 billion on Jan. 3 despite showing signs of recovery just a day prior. On Jan. 1, BTC OI fell to its lowest level in the past two months, only being able to reach a total of $56.03 billion. Earlier today, BTC OI appeared to give traders hope when it reached slightly above…
Este artículo también está disponible en español. The Bitcoin price’s market dynamics have taken an interesting turn as the cryptocurrency adjusts its cycle patterns following a sharp decline below the psychological $100,000 price level. Crypto analyst Bob Loukas shared his perspective on social media platform X, noting a potential shift from a 56-day to a 60-day cycle. According to the analyst, this raises the question of whether Bitcoin could rebound to the upside from here or continue its consolidation for the next two months. Bitcoin Price Shift To A 60-Day Cycle Cryptocurrency markets are influenced by cyclical patterns that have…
Your friendly Devcon4 planning team, here to answer your top 3 questions: 1. When’s the next wave of ticket sales? Mark your calendars! We plan to release the next wave of General Admissions tickets on Tuesday, August 7 at 8AM PST. Anyone who applied for a discount or scholarship should hear back by then, so that if they didn’t qualify they can participate in the wave. 2. Where in Prague will Devcon4 take place? We’ll be in the Prague Congress Centre! Ticket holders stay tuned for information about discounted rates at nearby hotels. 3. How can I apply to speak…
There are two giants in the blockchain world: Bitcoin, Ethereum, and others. Bitcoin is the pioneering cryptocurrency, the one that made it all happen, and Ethereum is the platform that redefined blockchain and opened up a new other world because it enabled programmability. Two starkly different possibilities with one technology. However, in recent times, it appears that both possibilities are starting to converge, with Bitcoin making the most shift. Ethereum’s success has led to calls for Bitcoin to expand its functionality. So, we are starting to make many moves to make Bitcoin more like Ethereum. Innovations like Bitcoin Ordinals, BRC-20…