Author: Yeek.io

Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000 mark. Despite reaching an all-time high above $108,000 last week, the cryptocurrency has struggled to maintain upward momentum ever since. With this performance, BTC’s on-chain data has been brought to the spotlight to uncover the factors driving recent selling pressures and investor behavior. One key focus has been the Spent Output Age Bands (SOAB) indicator, which provides valuable insights into Bitcoin holders’ activity based on their holding periods. Who Cashed Out Their Bitcoin Gains? According to a CryptoQuant analyst known as Yonsei Dent, data…

tl;dr Eth2 Workshop: Eth1+Eth2 Merge and Sharding Last week, the EF eth2 research team hosted an online workshop focused on the two major upgrades slated for the beacon chain — the eth1+eth2 merge and sharding. Client devs — both eth1 and eth2 — and researchers from across the stack joined to listen for a dynamic set of presentations, Q&A, and discussions. This session — including talks by Dankrad, Vitalik, Mikhail, and Guillaume — was all live streamed and is available for your consumption! Just a quick plug for all the grants announced this week for the Staking Communty Grants round.…

Donald Trump’s return to the White House has rekindled debates about how his presidency could reshape the global economy, particularly when it comes to digital assets like Bitcoin, Ether, and more. While at one point Trump was a vocal opponent and skeptic of cryptocurrency even having called it a scam, he has since drastically changed course and has openly praised and embraced the crypto landscape. His recent interactions with major figures in the industry, coupled with reports of potential crypto appointments in key financial departments, suggest a shift toward a policy framework that’s more open to blockchain innovation. That said,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Managing crypto investments on the go is now effortless for digital nomads, thanks to non-custodial wallets that offer security, flexibility, and 24/7 access from anywhere in the world. Managing your investments while traveling the world can be a real headache, especially if you’re constantly moving between time zones, airports, and remote work destinations. This is especially true for equity investors and traders where liquidity dries up within three hours of the NYSE opening bell. But for today’s digital nomads,…

DePIN has come to the world, providing the opportunity to create defi projects that reward actions in the physical world. What is this technology about, and how does DePIN work? Theoretical studies in cryptocurrencies have long predicted that encryption tools currently implemented in the blockchain will be used on the Internet and impact the physical world sooner or later. Nick Szabo noted at the end of the 20th century that smart contracts can automatically manage physical objects. More than 25 years have passed, and the blockchain is firmly embedded in our lives.  This is primarily due to cryptocurrencies: Bitcoin (BTC)…

contributor Posted: December 27, 2024 DOGE’s bearish thesis will only hold if it closes a daily candle below the $0.30 level. Currently, 58.3% of top DOGE traders hold short positions. Dogecoin [DOGE], the world’s largest and most popular meme coin, is poised for a significant price decline as it has formed a bearish price action pattern. On the 26th of December, the overall cryptocurrency market, including Bitcoin [BTC], Ethereum [ETH], and XRP, experienced a notable price decline, shifting market sentiment toward a downtrend. Data shows that the major factors currently supporting DOGE’s bearish outlook are the overall market sentiment, traders’…

The development team behind dog-themed meme asset Floki (FLOKI) is announcing a plan to launch a new exchange-traded product (ETP). In a new thread on the social media platform X, the project says it has been working closely with a respected asset manager to create a FLOKI-based ETP for European inventors, set to launch in Q1 of next year. “We’ve been actively working with a respected asset manager and an ETP issuer to launch a Floki ETP for quite a while now. After months of due diligence and painstaking effort, we’ve been told that the Floki ETP is on track…

With recent price developments, Solana could be set for a major rally in the coming days or weeks. Due to the general market’s resurgence, several bullish forecasts from seasoned crypto analysts suggest that the altcoin might be entering the next phase of its bull cycle. Breakout Setting The Stage For A Bullish Surge In Solana’s Price Solana has faced heightened volatility in the past few days, prompting speculation of a deeper decline. However, a shift in direction may be emerging as the crypto asset undergoes a breakout. Looking at SOL’s price performance in the 1-day time frame, Rose Premium Signals,…

Este artículo también está disponible en español. According to a recent report by Japanese cryptocurrency publication CoinPost, Japan’s Prime Minister Shigeru Ishiba has taken a cautious stance on the proposal to establish a national Bitcoin (BTC) reserve.  Ishiba Hesitant On Bitcoin Reserve Plans While some policymakers in Japan are advocating for the country to follow the lead of nations like the United States in exploring cryptocurrency reserves, Ishiba has expressed reservations, citing a lack of sufficient information to make an informed decision. The idea of a national Bitcoin reserve in Japan gained momentum after Satoshi Hamada, a member of the…

Ethereum price retreated on Boxing Day as the gains made during the Santa Claus rally were erased.  Ethereum (ETH) token fell to $3,340, down by over 5.6% from its highest level this week. This retreat happened as a sea of red spread in the crypto industry, with the market cap of all coins falling to $3.29 million.  Ethereum crashed in a low-volume environment as most traders remained away from the market during the Christmas holiday. CoinGecko data shows that the 24-hour volume was $17.5 billion, down from $24 billion a day earlier. It had its lowest volume in over a…