Author: Yeek.io
Currently, trading in cryptocurrencies is on the rise in Australia and with the increased uptake alternative Crypto exchanges are essential. For any trader – starting with investing in a single Bitcoin or being an experienced trader who needs a platform that offers low fees and complex tools, the choice of the right platform defines the success. NFT Droppers has brought you the list of top crypto exchanges in Australia for 2024 that comes with different functions to meet your trading requirements. What characterizes a particular exchange as the best? When it comes to selecting the best cryptocurrency exchange, several factors…
Sonic, the Solana Virtual Machine (SVM) layer-2 chain for games and applications, is set to launch its native token, SONIC, on January 7, 2025. This development is a key milestone in Solana L2 Sonic’s roadmap, designed to power its gaming-focused blockchain ecosystem and enhance scalability across its infrastructure.Solana L2 Sonic to Launch Native Token SONIC on January 7According to a recent blog post, Sonic has outlined plans for the Token Generation Event (TGE) of its SONIC token, which will mark the next phase of its development. The total supply of the token is capped at 2.4 billion, with 57% allocated…
In a major step forward, the Pi network ecosystem has taken a major leap by transferring 1 billion coins to a dedicated wallet. The main purpose of transactions is to create a liquidity pool, which will make transactions easier for users (known as “Pioneers”) and provide new opportunities for developers. Liquidity pools act as shared resources that simplify trading and exchanging assets, eliminating delays and reducing price fluctuations. For Pi Network, this development ensures that Pioneers can now make faster and smoother transactions without worrying about waiting times or a lack of available coins to trade. Additionally, liquidity pools help…
Pepe coin price is ending 2024 on a high note as it surged by almost 20%, erasing some of the losses made this month. Pepe (PEPE), the third-biggest meme coin, climbed to a high of $0.000022, its highest level since Dec. 18. The rebound came after Elon Musk, the wealthiest person in the world, updated his X profile picture to a Pepe-like image. Musk, one of the most influential people globally, has over 234 million followers on X, close ties with Donald Trump, and a fortune of nearly half a trillion dollars. His action could indicate growing interest in Pepe,…
Journalist Posted: December 31, 2024 The structure and momentum of ETH were bearish on the daily chart. The lack of buying pressure over the past month was a concerning sight. Ethereum [ETH] has formed an inverse head and shoulder pattern in the 2-week timeframe. This was a strongly bullish sign for the higher timeframes. If the pattern witnesses a bullish breakout, it could take the Ethereum price to $12,000. The daily timeframe and lower showed that sentiment was strongly bearish. The price has lost the short-term range and fallen below the $3.4k support zone. Based on the momentum, more losses…
Bitcoin faced a sharp decline yesterday, testing crucial support below the $92,000 mark. This move has sparked concern among analysts, as the $90,000 to $92,000 demand zone is seen as a critical level for maintaining Bitcoin’s bullish structure. A breach below this range could signal a deeper correction, potentially shaking market confidence in the short term. The bearish sentiment is compounded by growing fears that BTC may not hold its current levels. Many traders are closely monitoring the price action for signs of a potential reversal or further decline. The stakes are high, as this zone represents a pivotal area…
What Devcon is all about Now that we’re well into the new year, our Devcon team wanted to share some of our thinking on what’s to come for Devcon this year. With new goals driving this year’s effort, we’ve learned from successes and challenges in recent years, and we’ll provide some early details on what’s ahead. For those that are new to the Ethereum family, Devcon is the only annual gathering held by the Ethereum Foundation, and it dates back to a small meetup in Berlin (ÐΞVcon-0) about a year prior to the launch of the network. For some members…
If trying to harness the billions upon billions of on-chain data points of your preferred blockchain network seems like a lot of work, there’s a platform for that, and this Nansen review will give you the critical information you need to use it effectively. Nansen is aiming to be the go-to spot for intelligent data and deep analysis. The tools this platform provides can help you discover the next big tokens, track the “smart money” trades, and even explore the NFT ecosystem in detail you never thought possible. Let’s dig into the details. What is Nansen? Nansen is a cutting-edge…
Virtual Protocol and ai16z’s Solana-based Eliza are the main AI agent launchpads and dominant players Despite a recent exploit, Spectral tops in on-chain AI agent trading, and agent commerce is set to grow in 2025 2024 has been the most impactful year for the AI agent narrative. What began as a viral exchange between A16z founder Marc Andreessen and an autonomous AI agent Truth Terminal, spawned the first-ever “agent millionaire” through the Goatseus Maximus [GOAT] memecoin. GOAT’s viral success kicked off the AI agent trend. However, the trend quickly changed from memecoins to useful agents, thanks to Base’s Virtual Protocol,…
Sui approaches $4.76 resistance, with consolidation signaling a possible breakout or reversal. Bullish liquidations outweigh bearish, while technicals show mixed signals awaiting confirmation. Sui [SUI] has made headlines with a record-breaking $270 billion in total volume, with 90% of this growth occurring in 2024, demonstrating its massive adoption in the crypto market. At press time, SUI was trading at $4.11, gaining 1.07% in a day. Sui’s next price movement hinges on key technical levels and shifting market dynamics. Traders and investors are closely watching if the token will breach its critical resistance or consolidate further. As 2025 approaches with growing…