Author: Yeek.io

contributor Posted: December 30, 2024 Data reveals that VIRTUAL’s Open Interest has dropped by 18% in the past 24 hours. Exchanges have witnessed an outflow of $4.80 million worth of VIRTUAL. Virtual Protocol [VIRTUAL] has been making waves amidst the ongoing market uncertainty due to its impressive performance. However, on the 30th of December, VIRTUAL, along with Bitcoin [BTC], Ethereum [ETH], and XRP, seems to be struggling to gain momentum, raising concerns about a potential price correction. Looking at the current market outlook, it appears that long-term holders are booking their profits after a notable 42% upside momentum in the…

The Dogecoin price has successfully completed its final retest of a crucial support level, signaling renewed potential for a significant rebound. According to crypto analyst Trader Tardigrade, Dogecoin could be headed to new all-time highs, as historical chart patterns suggest a parabolic surge might be on the horizon. Dogecoin Price Concludes Final Support Retest  In an X (formerly Twitter) post, Trader Tardigrade declared that Dogecoin had completed its final retest of the critical support level at $0.31. The analyst presented a chart predicting Dogecoin’s next major rally and price trajectory based on recurrent historical trends. Source: X This chart, illustrating…

Este artículo también está disponible en español. Ethereum (ETH) is currently trading around $3,400, showing signs of indecision as it fails to establish strong support above this critical level. Recent price action reflects a lack of conviction among traders, leaving the market in a state of flux. Despite this uncertainty, Ethereum has managed to hold above key support zones that could act as a launchpad for a potential rally to new highs. Related Reading Top crypto analyst Carl Runefelt recently provided technical insights into Ethereum’s price movement, noting that ETH stayed within a 4-hour symmetrical triangle formation over the weekend.…

Avalanche is strengthening its partnership with the Beam Network by minting $500,000 worth of Beam Node Tokens and committing to operate validator nodes.The announcement follows Avalanche’s recent Etna upgrade, which introduced permissionless validation across its ecosystem. This upgrade enables subnets like Beam to gain greater autonomy and scalability.Looking ahead, the Beam Network’s Horizon upgrade, expected in early 2025, will further decentralize the network by transitioning to a permissionless proof-of-stake system, allowing a broader range of participants to contribute to the network’s security and operations. Source: BeamSupporting Decentralization with Beam Node TokensA key aspect of Avalanche’s contribution is the minting of…

2024 has been nothing short of historic for the cryptocurrency industry. The year delivered groundbreaking milestones, shocking developments, and transformative shifts that reshaped the landscape of digital assets. As the year closes, let’s reflect on the top 10 events that dominated headlines and their profound impact on the crypto ecosystem. 1. U.S. SEC Approves Bitcoin and Ether Spot ETFs 2024 kicked off with a monumental regulatory breakthrough. In January, the U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin exchange-traded funds (ETFs) after more than a decade of legal battles and regulatory scrutiny. This move wasn’t just significant—it was…

Web3 is growing fast, but there’s a big challenge: bringing safe and reliable AI into dapps, protocols, and smart contracts. Users want AI they can trust, but current solutions struggle to deliver secure, decentralized, and scalable AI experiences. This is where the Warden Protocol comes in. Warden Protocol brings AI to web3, enabling any application, protocol, or smart contract to integrate safe AI. Blockchain isn’t built for humans. Warden is the verification and execution layer for AI that makes mass adoption of web3 possible. Warden’s verification layer ensures AI results are correct using blockchain, cryptography, and consensus, while the execution…

Journalist Posted: December 30, 2024 While GT’s price increased, its social metrics also improved.  Selling pressure on the token increased, which could cause a price correction soon.  Gate Token [GT] has showcased impeccable performance last week as it pushed its price up in double digits. Therefore, AMBCrypto planned to assess the token’s on-chain data to find out its possible targets for the coming days.  Gate Token bulls are pushing hard! CoinMarketCap’s data revealed that GATE’s price skyrocketed by nearly 24% in the last seven days. At the time of writing, GT was trading at $16.10 with a market capitalization of…

Este artículo también está disponible en español. The cryptocurrency market has been running through a period of consolidation over the past seven days, with notable corrections observed in both Bitcoin and Dogecoin. Bitcoin, after hitting an all-time high of $108,135 on December 17, has seen a retracement towards $93,000. Similarly, Dogecoin has faced pressure, dipping from its recent highs near $0.48 to settle just above $0.30 at the time of writing. According to technical analysis of both cryptocurrencies, an interesting correlation has emerged that points to Dogecoin surging to $5 in the next few months. The 800-Day Trend: A Case…

The Dropped Campaign Finance ChargesBankman-Fried’s trial included allegations of campaign finance violations. However, these charges were dropped due to treaty obligations with the Bahamas, where he was extradited. The Bahamian government did not approve including these charges in the extradition request.Initially, prosecutors planned a second trial to address these allegations, but in late 2023, they announced they would not pursue it. They claimed the evidence overlapped significantly with the first trial, making additional proceedings unnecessary.A Controversial SentenceIn 2023, Bankman-Fried was found guilty of wire fraud and money laundering and given a 25-year prison term. Considering that FTX’s failure resulted in…

Special thanks to Sacha Yves Saint-Leger & Danny Ryan for their review. At the core of every Proof of Stake system is a signature scheme. Signatures are used to verify the identity of each validator allowing their actions, both good and bad, to be attributed to them. We can verify honesty by looking at a validator’s signed messages and we can prove malice by showing messages that violate the rules of consensus. In fact, in eth2, the identity of a validator is their public key. Specifically, each validator has two sets of keys: a signing key and a withdrawal key.…