Author: Yeek.io

Funding Rates point to ETH’s potential recovery Funding rates —a key indicator of market sentiment in the Futures space, provide critical evidence of shifting trader behavior during this consolidation phase. Source: CryptoQuant Ethereum’s ability to hold firm above the $3,000 support has created an opening for bullish market participants to regain footing. This shift is reflected in a notable increase in Funding Rates, highlighting a rise in long positions as traders position themselves for a potential trend reversal. The climb in Funding Rates underscores heightened demand, often interpreted as growing confidence in the asset’s recovery potential. Should this momentum persist,…

Amidst recent fluctuations in the Dogecoin price and its market crash, a crypto analyst has shared a bullish forecast for this number one meme coin, identifying key support and resistance areas that could dictate its future price trajectory. The analyst has identified a “rock solid” support zone for Dogecoin, signaling a potential rally to new highs once this key level is broken.  Dogecoin Price Prepares For Lift Off Above 0.28 Support X (formerly Twitter) crypto analyst Balo has presented a detailed price chart depicting an analysis of Dogecoin using Fibonacci retracement levels. The analyst recognized the $0.2814 price level at…

Thanks to Joseph Schweitzer and Danny Ryan for review. Welcome back! Having discussed eth2’s design philosophy last time, today’s focus is on eth2’s incentives through the lens of that philosophy. More specifically, we look at the incentives effecting eth2 and how they are realised in the form of rewards, penalties, and slashings. We then walk through how and why validators are incentivised to remain online, why you won’t be slashed for going offline, and more. Let’s dig in. If not for being offline, when do slashings occur? ⚔️ Slashing has two purposes: (1) to make it prohibitively expensive to attack…

The crypto community’s low financial literacy poses a significant challenge to market stability. Recent findings show that only 25% of crypto investors possess a basic understanding of financial principles—a rate notably lower than in other sectors. While the crypto community’s financial literacy is just 8% below the global average, PiP World CEO Saad Naja has labelled this rate “dangerously low.” This gap in financial knowledge contributes to emotional decision-making, such as panic selling during downturns or speculative buying during rallies. Such behaviour amplifies market volatility, underscoring the need for targeted efforts to improve financial literacy within the crypto space. In…

Floki, a well-known memecoin issuer, has announced an exclusive collaboration with the innovative football tournament Kings World Cup Nations. The partnership aims to redefine the experience of the attractive game with more than 600M video views along with more than 20M hours in watch time. The platform took to X to disclose this collaboration. Floki Partners With Kings World Cup Nations To Reach 600+ Million Video Views! 🏆Floki is thrilled to announce a groundbreaking partnership with the Kings World Cup Nations – the revolutionary football tournament that’s set to transform how we experience this beautiful game!… pic.twitter.com/rrtogXtO8p— FLOKI (@RealFlokiInu) December…

Este artículo también está disponible en español. According to a recent report by Steno Research, Ethereum (ETH) is poised to outperform Bitcoin (BTC) in 2025. This outlook is attributed to historical trends and the anticipated impact of favorable cryptocurrency regulations following Republican presidential candidate Donald Trump’s victory in the November election. Will 2025 Be The Year Of Ethereum? While the overall cryptocurrency market surged to unprecedented heights this year – reaching an all-time high (ATH) total market cap of $3.9 trillion – Ethereum, the second-largest cryptocurrency, has lagged behind in terms of price performance. Related Reading However, Steno Research’s report…

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Welcome to the first eth2 quick update of 2020! This is going to be an exciting year. tldr; Release of v0.10.0 spec as stable target for multi-client testnets and security reviews@paulhauner and @sigp_io team hard at work building LighthouseRelaunch of Prysm testnet, now with aggregators and mainnet configurationA new proposal for an expedited merging of eth1+eth2 (aka Phase 1.5) Release of v0.10.0 for security reviews and multi-client testnets v0.10.0 — 404 Not Found was released last week. Read the release notes for the technical details (integration of IETF BLS, simpler eth1 caching, etc), but what does it actually mean for…

As cryptocurrencies get increasingly integrated into mainstream finance, tax policies have emerged as a critical regulatory tool. Governments worldwide have introduced various frameworks to generate revenue from the sector. While these efforts add legitimacy to the industry, they also raise questions about whether such policies promote growth or hinder innovation. This article examines the current state of global crypto taxation, its implications for the sector’s principles of decentralization and openness, and whether these policies support the industry’s growth or stifle its innovation. The Evolution of Global Crypto Tax Frameworks The United States set an early precedent in 2014 when the…

Montenegrin authorities extradited crypto entrepreneur Do Kwon to the United States on Sunday to face fraud charges related to the $40 billion collapse of the Terra ecosystem in 2022. According to a Reuters report, Kwon, who co-founded Terraform Labs, was arrested in Montenegro last March while attempting to board a flight using a fake Costa Rican passport. He had evaded authorities since the May 2022 crash of his TerraUSD and Luna cryptocurrencies. The extradition followed the Montenegro Constitutional Court’s rejection of Kwon’s final appeal. “It was concluded that the majority of the criteria prescribed by law favor the extradition request…