Author: Yeek.io
Whenever concerns surrounding Bitcoin’s long term prospects’ going in a negative direction surface, a common refrain of dismissal is “Well tell us what to do about it then.” This is used to dismiss all concerns of regulation leading to regulatory capture, of deeper involvement of certain entities leading to higher risks to the consensus process, of any type of failure mode that involves Bitcoin’s censorship resistance and ability to enable freedom eroding really. “Well what’s your plan?” Use Bitcoin. Bitcoin consensus orbits around two important variables, economic actors and miners. Economic actors decide whether a set of consensus rules has…
An analyst has explained how Dogecoin could end up witnessing a rally of around 6,770% if this pattern continues to follow for the meme coin. Dogecoin Has Been Trading Inside A Long-Term Ascending Channel In a new post on X, analyst Ali Martinez discussed a long-term pattern in which the weekly price of Dogecoin has been trading inside. The pattern in question is the Ascending Parallel Channel from technical analysis. A Parallel Channel refers to a consolidation pattern that forms when the price of an asset moves inside two parallel trendlines. The upper line is made by joining together successive…
Since a lot of us have a bit more time on our hands, I thought now might be a good opportunity to proceed with something perhaps a little bit boring and tedious, but nevertheless quite fundamental to the Stateless Ethereum effort: understanding the formal Witness Specification. Like the captain of the Battleship in StarCraft, we’re going to take it slow. The witness spec is not a particularly complicated concept, but it is very deep. That depth is a little daunting, but is well worth exploring, because it’ll provide insights that, perhaps to your nerdy delight, extend well beyond the world…
The recent $1 billion USDT minting by Tether has sparked fresh excitement in the crypto market, setting the stage for massive growth in 2025. For savvy investors, now is the time to identify the best crypto to buy now and position themselves for potentially life-changing returns. While major players like Bitcoin and Ethereum remain dominant, a new wave of emerging cryptocurrencies offers unparalleled potential, with some coins projected to deliver 750x returns. Here is a list of eight cryptos, starting with Aureal One, DexBoss, and yPredict—three of the most promising tokens for massive gains in the coming years. 8 Best…
Shiba Inu’s burn rate plunged amid price struggles. Whale transactions continued to influence SHIB’s price, adding both volatility and liquidity concerns. Shiba Inu [SHIB] has seen fluctuations in its burn rate recently, with a dramatic 90.69% drop in burns over the last 24 hours. While token burns are a deflationary mechanism designed to reduce supply and increase scarcity, the impact on SHIB’s price has been limited so far. With 2025 approaching, many are questioning whether the burn efforts, combined with whale activity, can generate long-term value or if broader market conditions will continue to overshadow these efforts. Understanding burn rate…
Per the Fibonacci and Elliott Wave analysis, XRP could reach $15 by May 2025. Growing adoption and reduced selling pressure could further strengthen XRP’s bullish outlook. XRP [XRP] continues to capture attention with predictions of reaching $15 by the 5th of May 2025, fueled by Fibonacci time zones and Elliott Wave analysis. This projection suggests a robust bullish trend, but current market dynamics demand careful evaluation. While optimism prevails, XRP’s short-term performance underscores the need for a balanced outlook. Therefore, understanding its price action and indicators is critical for forecasting its future trajectory. A bullish future for XRP? According to…
Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011. Lee wanted to create a cryptocurrency faster than Bitcoin and easily accessible, with the aim to process a block in every two and a half minutes compared to ten minutes of bitcoin. So, let’s look at how to mine Litecoin. What is Litecoin mining and how does it work? Mining Litecoin (LTC) is what keeps everything in check. Think of miners as the guardians of the system, using their computers to solve puzzles that confirm and record transactions. Their reward? Brand-new Litecoin, straight from…
Este artículo también está disponible en español. Although Bitcoin is having a rough moment this week, with prices oscillating between $93k and $96k, at least one popular crypto commentator is predicting a massive price run soon. According to Ted Boydston, the market should prepare for a manic bull run in the coming days, with Bitcoin’s price targeting $225k. Related Reading Boydston highlights the price oscillator on M2, which offers real-time buy and sell signals for traders and investors. He then explained that the tool recently displayed a buy signal. And if history repeats itself, Boydston expects Bitcoin to begin its…
Hey Ethereum! Here’s the latest update from the ethereum.org team: Help us reach 30 languages! Over the last 6 months, the global Ethereum community has translated Ethereum.org into 23 languages. Today, traffic to non-english pages accounts for more than 20% of all traffic. Over the next 2 months, we want to raise the total number of supported languages to over 30. If you are a speaker of a language that is not currently supported by ethereum.org, we’d love to have your help! We’re especially looking for native speakers of Vietnamese, Thai, Danish, Norwegian, Hungarian, Finnish, or Ukranian. Even if your…
The crypto market has had its fill of the most recent news about the hints made by Donald Trump about possibly keeping Bitcoin in reserve amid a CNBC interview, comparing the latter to the U.S. Strategic Petroleum Reserve. This announcement has caught the imagination of many investors, who are speculating that this can usher in a massive price pump in Bitcoin and other altcoins. Amidst this festive fervor, memecoins are gaining popularity, offering immense possibilities for gains to investors. Memecoins are often derived from internet memes or pop culture and have become an interesting niche in the crypto market, attracting…