Author: Yeek.io
Market sentiment around Bitcoin remains bearish. Data from IntoTheBlock highlights a decline in activity among short-term holders—those who keep BTC for 30 to 365 days. This group often reflects market optimism, but their reduced involvement signals growing uncertainty.The bearish outlook is again supported by the fact that Glassnode’s STH-NUPL metric moved into the “hope or fear” zone, where the short-term investors are doubting the rebound of Bitcoin. If this trend continues, then BTC will likely face continued downward pressure.Technically, Bitcoin faced resistance at $99,332, which barred its advance to $108,398. The Relative Strength Index has also broken below 50, indicating…
At the start of December, the Ethereum community bootstrapped the new beacon chain proof-of-stake consensus mechanism — the foundation of Ethereum’s long-term and sustainable home. The launch was a resounding success, and the operation of the beacon chain has proved, thus far, stable and robust. As I write these words, the beacon chain is live with more than 2.5M ETH securing its consensus. So this is the “state of eth2” today. But what’s next? What’s on the horizon, and where are we going? This post aims to provide high level context on the state of Ethereum’s eth2 upgrade — an…
Introduction In the ever-evolving world of cryptocurrency trading, choosing the right platform can make all the difference. Zoomex has garnered attention as a reliable and feature-rich exchange for both beginner and advanced traders. This comprehensive Zoomex review will delve into everything you need to know about the platform in 2024, from its safety measures and fees to its trading tools and supported cryptocurrencies. What is Zoomex? Zoomex is a cryptocurrency exchange that offers a seamless and secure environment for buying, selling, and trading digital assets. It has quickly become a popular choice for traders seeking an intuitive interface, low trading…
Homepage > News > Business > AI’s economic impact in 2024: A double-edged sword Every time artificial intelligence (AI) comes up in conversations and the news, it is nearly impossible to go a few minutes without hearing how it’s poised to revolutionize our world and how we work. But like any transformative technology, AI has two sides. On one hand, it has the potential to enhance efficiency, generate revenue, and create entirely new roles. On the other, it threatens job security and displaces workers. The truth is, AI is doing both: it’s allowing businesses to grow faster than ever before while simultaneously…
Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.15 million of inflows on Thursday following four straight days of outflows that saw over $1.5 billion leave the funds. Fidelity’s FBTC led the lot with inflows of $254.37 million followed by ARK 21Shares’ ARKB which attracted $186.94 million in inflows. BlackRock’s IBIT saw an inflow of $56.51 million while Grayscale Bitcoin Mini Trust and VanEck’s HODL also contributed to the positive momentum with more…
Following Tech Funding News’ recent coverage of VC predictions for 2025, we spoke to the founders and executives representing companies from Series A to unicorn status. Here’s what they told us. AI continues to shape the tech landscape According to recent research by Antler conducted in December 2024, artificial intelligence will maintain its dominant position in the European tech ecosystem throughout 2025. Several key trends are emerging as AI companies integrate with and disrupt major industries. “In 2025, AI capabilities will increasingly move from heavily centralised servers to low-cost, low-power consumption devices, such as wearables, IoT gadgets, and embedded systems.…
Fantom’s $961k liquidation pool pointed to a pivotal test at the $0.88 price level Altcoin exchange outflows have dropped sharply, raising concerns about market confidence Fantom’s (FTM) price is at a crucial point right now, with the altcoin consolidating within a demand zone on the charts. In fact, the $961K liquidation pool tied to the $0.88 price level makes this area one to watch closely. At the time of writing, the altcoin seemed to be trading above the support of an ascending triangle – A pattern often linked to potential upward movement. The significance of this price level cannot be…
Este artículo también está disponible en español. The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. Related Reading New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT) project launched its official token, PENGU, on the Solana Blockchain. The token has moved through the ranks, flipping other Solana-based tokens and gathering massive attention in nine days. Pudgy Penguins, one of the largest NFT collections,…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
In 2024, “pig butchering” scams were the biggest danger to crypto users, costing $3.6 billion, according to Cyvers, a Web3 security company. The report indicates that there was a 40% annual rise in the number of cyber attacks in 2024 compared to 2023, with 165 incidents costing $2.3 billion in damages. The sum was still down 37% from the fraud peak in 2022, but complex schemes and breaches surged this year. Access control breaches made up most of that damage, with 67 incidents totaling $1.9 billion. Other attack vectors included smart contract vulnerabilities, leading to losses of $456.8 million over…