Author: Yeek.io

A top crypto strategist thinks the digital asset market is in a position to witness a bullish continuation even as Bitcoin (BTC) trades below $100,000. Pseudonymous analyst The Flow Horse tells his 251,400 followers on the social media platform X that he believes the doors are open for Bitcoin and altcoins to spark surges. “The window of opportunity is between now and the second week of January for things to pop.” The analyst’s outlook stems from the idea that traders believe the incoming Donald Trump presidential administration will be incredibly bullish for crypto. Trump has signaled that under his administration,…

On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one. Litecoin Average Active Addresses Have Been Notably Higher This Year In a new post on X, the market intelligence platform IntoTheBlock has discussed about the year-on-year growth in the Daily Active Addresses for Litecoin. The “Daily Active Addresses” refers to a metric that measures the total number of addresses that are participating in some kind of transaction activity on the network every day. When the value of this indicator goes up, it means the unique number of addresses…

Este artículo también está disponible en español. Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,350 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears the $3,520 and $3,550 resistance levels. Ethereum Price Starts Recovery Ethereum price remained stable above…

TL;DR: Ethereum will use at least ~99.95% less energy post merge. Ethereum will be completing the transition to Proof-of-Stake in the upcoming months, which brings a myriad of improvements that have been theorized for years. But now that the Beacon chain has been running for a few months, we can actually dig into the numbers. One area that we’re excited to explore involves new energy-use estimates, as we end the process of expending a country’s worth of energy on consensus. There aren’t any concrete statistics on energy consumption (or even what hardware is used) as of yet, so what follows…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 1,025.75 ETH 50 ethereum View 2 Azuki 804.83 ETH 64 ethereum View 3 Lil Pudgys 477.62 ETH 221 ethereum View 4 Azuki Elementals 413.67 ETH 241 ethereum View 5 Doodles 261.07 ETH 42 ethereum View 6 BEANZ Official 243.79 ETH 321 ethereum View 7 Mocaverse 141.03 ETH 35 ethereum View 8 Kaito Genesis 125.72 ETH 42 ethereum View 9 Mad Lads 0.00 ETH 35 solana View 10 Bored Ape Yacht Club 119.34 ETH 7 ethereum View The…

SuperNoderz, a user-friendly platform, simplifies the deployment of WitnessChain Watchover 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…

The key support level for Ethereum was at $3K zone and the key resistance wall was at $3.7K. Binance whales continue to put selling pressure on ETH as the price found a local bottom. Analysis of the “In/Out of the Money Around Price” for Ethereum’s [ETH]  found its most significant support between $3,030 and $3,130, a zone where a majority of holders had purchased their ETH. The key resistance, conversely, lay between $3,640 and $3,740, beyond which a rally continuation seemed probable. At the time of writing, 51.58% of ETH’s volume was “In the Money”, indicating profitability, whereas 48.04% was…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels. SOL price started a fresh increase after it tested the $175 zone against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $185 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the $205 zone. Solana Price Eyes Upside Break Solana price formed a…

With this blog post, the intention is to officially disclose a severe threat against the Ethereum platform, which was a clear and present danger up until the Berlin hardfork. State Let’s begin with some background on Ethereum and State. The Ethereum state consists of a patricia-merkle trie, a prefix-tree. This post won’t go into it in too much detail, suffice to say that as the state grows, the branches in this tree become more dense. Each added account is another leaf. Between the root of the tree, and the leaf itself, there are a number of “intermediate” nodes. In order…