Author: Yeek.io
Follow Nikolaus On 𝕏 Here For Daily Posts Look, I know I am late to the party. I remember covering the news of MicroStrategy’s first bitcoin purchase, and I’ve watched the stock rise from $14 to $400 per share. All that time, I didn’t buy.Yet, this past Friday, for the first time since 2018, I bought stocks — specifically MicroStrategy (MSTR) and a couple other companies also holding bitcoin on their balance sheets. It was something I never thought I’d do again.In 2018, I sold all my stocks for more bitcoin when the price crashed into the $3,000 range, and…
Developer Experience2 of 2 scorched earthA decentralized system for peer-to-peer content suggestion utilizing a “Two Of Two Scorched Earth” reward/punishment scheme proposed by Vitalik Buterin to incentivize quality content sharing. The goal of the project is to deliver a proof-of-concept implementation on mainnet to demonstrate the usefulness of this scheme for a variety of applications.Developer ExperienceEthWorksMaintenance and improvements on Waffle, a library for writing and testing smart contracts. Grant objectives include ENS integration, expanded documentation and addition of dynamic mocking.https://github.com/EthWorks/WaffleDeveloper ExperiencePOA NetworkThe Arbitrary Message Bridge can not only transfer tokens between any two EVM-based chains, but can relay any data…
The primitive concepts make up for the most exciting trends in NFTs sometimes, meaning that even the most basic creations could pique the interest of a buyer or investor. Another good example of this trend is Sartoshi’s MFers. Originally known for a simple stick-man art form, it has grown into one of the most loved and authenticated NFT arrays in the market. Therefore, in this article, NFT Droppers look at the story of Sartoshi’s MFers and how this basic collection got verified. What Are Sartoshi’s MFers? Sartoshi’s MFers is a set of NFTs from the artist Sartoshi, who produces simple…
Zeus Network has introduced zBTC, a tokenized form of Bitcoin, to Solana’s blockchain, enabling new yield opportunities for Bitcoin holders. This development comes as the Zeus Network aims to enhance cross-chain liquidity and expand decentralized finance (DeFi) options.zBTC Brings Bitcoin to Solana’s DeFi EcosystemThe Zeus Network has successfully launched zBTC, a trustless, tokenized version of Bitcoin, on the Solana blockchain. zBTC allows users to engage with DeFi applications on Solana while retaining Bitcoin’s original security and value through a 1:1 peg with native BTC. Post the announcement, Zeus Network token ZEUS saw a price surge of over 4% as of…
When investing in the world of decentralized finance (DeFi), and particularly when you are picking a token to trade, understanding DeFi liquidity is crucial. This article will discuss the concept of liquidity in crypto, specifically focusing on DeFi liquidity pools and DeFi liquidity strategies. We’ll explore how liquidity pools function, the significance of DeFi pooling, and the essence of what is liquidity in cryptocurrency. What is Liquidity in Crypto? In traditional finance, the term liquidity is a concept vital for the functioning of any market. It signifies the capacity to quickly purchase or sell assets without causing a substantial impact…
Journalist Posted: December 31, 2024 Whale has gone long on PNUT with a $6M purchase (10M tokens). Key on-chain metrics were still negative at press time. According to blockchain analytics firm Spot On Chain, Peanut the Squirrel [PNUT] has seen its first major whale accumulation. The firm noted that a whale had scooped 10 million PNUT from Binance exchange, worth over $6M. Now, the whale holds 1% of the memecoin’s total supply. Source: SpotOnChain PNUT: Is a recovery likely? Following the whale’s move, PNUT bounced from the $0.6 short-term support and pumped 20% in the past 24 hours. After the…
SuperNoderz, a user-friendly platform, simplifies the deployment of WitnessChain watchtowers nodes, enabling seamless participation in the decentralized infrastructure ecosystem. If you’re looking to contribute to DePINs, this guide will walk you through every step. If you want to watch the Video tutorial, click below or head over to our YouTube channel. What is WitnessChain? WitnessChain enables DePIN projects to share information about their physical locations, network capacities, and more. This will allow DePINs to connect with each other, establishing an end-to-end supply chain of decentralized infrastructureWitness Chain enables DePIN projects to share info about their physical locations, network capacities, and…
An under-the-radar project focused on artificial intelligence (AI) is defying the crypto market downturn as tokenomic upgrade plans begin to take shape. The utility token for the AI agent project ai16z (AI16Z) is trading for $1.52 at time of writing, up 23.7% in the past 24 hours. With a market cap of $1.65 billion, the Solana (SOL)-based altcoin is the 79th-largest crypto project. Meanwhile, Bitcoin (BTC) is down nearly 2% on the day, trading for $91,998 at time of writing. The entire crypto market cap is valued at $3.36 trillion at time of writing, down 3.4% in the last 24…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI-powered altcoins RCOF, NEAR, and FIL gain traction, with experts eyeing potential to outshine DOGE and XRP in 2024. New altcoins are shaking up the crypto market as AI takes the spotlight. RCO Finance (RCOF), Near Protocol (NEAR), and Filecoin ( FIL) are gaining attention for their growth potential. Experts predict that one of them could even outperform well-known coins like DOGE and XRP. As January approaches, these coins might be game-changers for investors looking ahead. Could these AI-powered…
Recent Ethereum market swings have revealed an interesting disparity between price and network activity. Staking activity has kept rising while ETH retreated to $3,400, a 16% drop from its December peak. Due to investors staking record amounts of ETH, the total staked assets have exceeded expectations. Even while short-term price fluctuations have led some to doubt Ethereum’s viability, this surge in staking is a sign of growing confidence in the cryptocurrency’s long-term worth. Investor Confidence Indicated By ETF Inflows Another significant development is the increase in exchange-traded funds (ETFs) that are concentrated on Ethereum. The net total of $2.68 billion…