Author: Yeek.io

The price of Bitcoin saw no overall gain over the past week as the premier cryptocurrency continued to undergo a market correction. Despite multiple upward movements, Bitcoin struggled to break past the $100,000 resistance with its price performance in December continuing to deviate from earlier bullish predictions. Amidst this development, market analysts continue to roll out projections on Bitcoin’s potential price move. Is Bitcoin Price Top In? In an X post on December 27, crypto technical analysis handle More Crypto Online shared an interesting prediction on Bitcoin in its current corrective state. Using the Elliott Wave Theory, these market analysts…

tl;dr This week the EF announced the Eth2 Staking Community Grants round in an effort to support a more delightful staking experience. This is an open call for proposals for grants that aim to enhance all things staking — tools, documentation, educational resources, etc. Check it out for more details including a non-exhaustive wishlist. Proposals are due by December 22nd! v1.0 eth2 testnets — Toledo and Pyrmont This week, client developers led by protolambda launched the Toledo devnet — a 16k validator testnet with v1.0 mainnet configuration. Although you can sync up your favorite node to this testnet, you cannot…

Introduction The crypto world is buzzing with anticipation as we approach October 2024, a month that could potentially set the tone for the final quarter of the year. As traders and investors prepare for what lies ahead, two contrasting scenarios have emerged: “Uptober” and “Rektober.” Will the market see a bullish rally or a more bearish decline? At NFT Droppers, we’ll explore these two possibilities and how they might shape the market. What is “Uptober” and “Rektober”? The terms “Uptober” and “Rektober” have emerged as playful yet significant references to how the cryptocurrency market might perform in October. Uptober refers…

The Ethereum (ETH)-based virtual reality platform Decentraland (MANA) continues to clock more development activity than any other non-fungible token (NFT) project, according to the crypto analytics firm Santiment. Santiment notes on the social media platform X that Decentraland registered 116.27 notable GitHub events in the past 30 days. Decentraland also led the rankings in November, October, and September. Flow (FLOW), a layer-1 permissionless blockchain, ranked second with 103.87 events, while the NFT layer-2 scaling solution Immutable X (IMX) ranked a distant third with 31.43. Source: Santiment Santiment notes that it does not count routine updates and utilizes a “better methodology”…

Este artículo también está disponible en español. The Bitcoin price looks set to enjoy a bullish reversal in January next year, having maintained a tepid price action to close out this year. This bullish outlook for the flagship crypto came as crypto analyst Tony Severino revealed a potential Doji formation, which suggested that BTC could enjoy this uptrend in the new year. Related Reading Doji Formation Could Lead To New Year Bitcoin Price Rally In an X post, Severino suggested that a Doji formation could lead to a Bitcoin price rally in the first two months of the new year.…

Bitcoin continues to grapple with the psychological $100,000 milestone, failing to break above this critical resistance after a retrace from all-time highs. This prolonged stagnation has sparked discussions about a potential correction or deeper retrace as the market awaits confirmation of Bitcoin’s next major move. Both analysts and investors are closely monitoring the situation, eager to discern whether the cryptocurrency will rally to new heights or succumb to selling pressure. Related Reading Adding fuel to these concerns, renowned analyst Maartunn recently highlighted alarming on-chain activity. Over 8,000 BTC, aged between five and seven years, have moved on-chain, raising questions about…

The EF is excited to announce the results of the Medalla data challenge, a data hackathon focused on the Medalla testnet ✨ The prompt was open-ended: we asked for data tools, visualizations, and analyses of testnet data; in short, anything that would help the community make sense of all the data. Over the course of six weeks we received 23 submissions from a wide variety of teams. We were pleased to see high quality submissions for every category. Prizes are divided into three tiers based on scope, extensibility, and usefulness to the community. 🥇 Gold ($15k prize) Jim McDonald –…

“What is an NFT drop?” is a common question from those new to the non-fungible landscape, but knowing the answer can help you tap into one of the most exciting aspects of the expanding digital world. An NFT drop refers to a scheduled release of new non-fungible tokens, often tied to digital art, virtual real estate, gaming assets, or other unique digital assets on the blockchain. These events bring together collectors, creators, and investors, all eager to participate, discover, and acquire rare items. By knowing what to expect and where to look, you can stay ahead of upcoming drops, find…

KAS recently set a record, with over 538,000 addresses now holding the asset However, this milestone has had little to no impact on the crypto asset’s price performance Kaspa [KAS] has underperformed lately, particularly following a market-wide correction. In fact, the asset dropped by 21.92% over the past month and further analysis suggested the decline may not be over yet. At press time, projections indicated that KAS could see a more significant drop on the charts. Some projections even go as far as predicting a potential 93% price crash, if a critical support level is breached. New milestone – KAS…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI ranks among the most talked-about tokens of the next bull run. As excitement builds around the Lightchain AI presale, the platform is emerging as a potential star of the next bull run. Seeking to combine blockchain technology with artificial intelligence, Lightchain AI will address critical issues like scalability, transparency, and decentralization. Its groundbreaking creations, such as the Proof of Intelligence (PoI) consensus mechanism and the Artificial Intelligence Virtual Machine (AIVM), set it apart from traditional blockchain projects.…