Author: Yeek.io

Este artículo también está disponible en español. The incoming heads of the newly established Department of Government Efficiency (D.O.G.E.) have an ambitious plan of slashing federal agencies’ spending by $2 trillion, locking in its crosshairs several agencies for sweeping budget cuts. Related Reading One of the D.O.G.E. leaders, Tesla CEO Elon Musk, said that he targets to reduce federal spending on the Internal Revenue Service (IRS). Targeting The IRS The dynamic duo of Musk and Vivek Ramaswamy vowed to orchestrate a spending cut on federal agencies, aiming to reduce the federal budget by $2 trillion. The D.O.G.E. leaders said that…

Bitcoin continues to face resistance at the psychologically important $100,000 threshold, and there has been a shift in investor focus from BTC to altcoins. Notably, tokens that rallied in the 2021 bull run and metaverse tokens like Decentraland and Sandbox have witnessed a resurgence in trade volume across centralized exchanges like Upbit.  Ethereum (ETH) has observed a spike in open interest driven by a heightened demand among derivatives traders. The rise is supported by metrics that reveal a growing bullish sentiment among market participants. An Ethereum price rally is likely in the short term as institutional interest broadens and traders…

3Igloo, Inc., the parent company of the Pudgy Penguins non-fungible token (NFT) project, has secured a strategic investment from venture capital firm Animoca Brands. The announcement, shared in a press release on November 27, highlights that the funding will support Pudgy Penguins’ Web3 intellectual property (IP) ecosystem and Abstract, an Ethereum Layer 2 network that Igloo, Inc. contributes to. The investment aims to strengthen community engagement through initiatives that foster collaboration and participation between Abstract and Animoca Brands’ Mocaverse. It also included contributions from Animoca Brands’ subsidiaries, The Sandbox and Animoca Brands Japan.This development coincided with a surge in Pudgy Penguins NFT…

Xalts, a fintech firm providing real-time connectivity between financial services and businesses, is joining forces with Polygon, to bring its real-world asset tokenisation platform, RWA Cloud, to Polygon’s blockchain network. Integrating Polygon within Xalts’ RWA Cloud platform enables enterprise application developers to deploy and build blockchain applications quickly and at a low cost using Polygon.According to Xalts, RWA Cloud provides out-of-the-box solutions that enable financial services, governments, and other enterprise developers looking to build digital asset platforms for implementing blockchain, tokenisation, and smart contract applications for different use cases.Xalts plans to further work alongside the Polygon Labs team on a host…

Carbon DeFi provides:Novel DeFi mechanicsBot-like capabilitiesA built-in solver systemAnd delivers:20,000,000x greater capital efficiency than standard liquidity pools1,000x greater capital efficiency than any concentrated liquidity AMMStandout BenefitsFour Distinct Position TypesProtocol Security4x audited, vetted by leading blockchain expertsFully decentralized and permissionlessZero third party dependencies– no oracles, hooks, or keepersWho is Carbon DeFi for?In short, everyone, but let’s highlight a few who find it particularly powerful…DeploymentsFor information on obtaining a license of your own, please reach out at bizdev@bancor.network.Carbon DeFi is a product of Bancor and governed by the Bancor DAO.For more on BancorWebsite | Blog | X/Twitter | Arb Fast Lane | YouTube | GovernanceFor more on Carbon DeFiWebsite…

contributor Posted: November 29, 2024 Pepe surged by 6.5% over the past week, although bearish sentiment persisted. A whale withdrew 150 billion tokens from Binance. Since hitting a new ATH of $0.00025, Pepe [PEPE] has formed a flagpole, a bearish pennant, signaling a potential continuation of a downtrend. As such, the memecoin has dropped from $0.000025 to a low of $0.0000173 indicating a strong downward momentum. In fact, at the time of writing, Pepe was trading at $0.00001963. This marked a 6.5% increase over the past 24 hours. Also, the memecoin has surged by 105.02% on monthly charts. Despite this…

Become an onchain pioneer on Taiko’s Based Contestable Rollup. The external Taiko Trailblazer campaign is distributing 12 million TAIKO tokens, while additional incentives will be shared by Layer3 exclusively for Questors. To get started, bridge ETH to Taiko and explore its leading dapps: Swap tokens at lightspeed with low fees on Oku Trade Explore a vibrant gaming ecosystem in Ultiverse Become a liquidity provider via iZUMi Finance Mint the first Taiko CUBEs, and stay tuned for exciting new Quest additions with further details on TAIKO token distributions over the coming months. Join the Taiko Adventure CH(AI)N REACTION is now live…

. In the dynamic world of cryptocurrency, where meme coins have carved out a significant niche, Floki, the popular meme coin project, has just announced a groundbreaking collaboration with Binance, the global crypto exchange behemoth. This partnership will enable Floki token holders to receive a highly anticipated airdrop of Simon’s Cat tokens directly into their Binance accounts. The news, which was shared in a recent blog post by the Floki team, has generated considerable excitement within the crypto community. The airdrop, scheduled for August 29, 2024, will see Binance taking a snapshot of FLOKI holdings on its platform, with eligible…

Too much of the discussions around Bitcoin in the last year have been focused on how to use it. Or how it should be used. The entire Ordinals/Inscriptions mania over the last year has created a mob of Bitcoiners essentially shrieking like children about how other users decide to make use of their own bitcoin. This is completely detached and disconnected from the entire philosophy of Bitcoin’s design in the first place: to be an open access permissionless system. To be something you can’t be stopped from using. So much of the “technical discussions” over the last year beyond the…

Key indicators suggest Solana’s price could drop further. A liquidation heatmap highlights areas of high liquidity, showing significant clusters at $246 and $225. With lower trading volumes, bears may push the price below $225, especially as selling pressure intensifies.The Chaikin Money Flow indicator shows a downtrend, meaning a capital outflow from the asset. This fall, in turn, reflects lower buying interest and heightens the chances of further losses in the asset’s price. The Balance of Power (BoP) indicator also shows bears gaining dominance, reinforcing the potential for a downturn.Technical analysis points to the Fibonacci retracement level of $222 as the…