Author: Yeek.io

A quant has explained how the latest trend in the Bitcoin Coinbase Premium Index could imply a buying opportunity for the asset. Bitcoin Coinbase Premium Index Has Plunged To -0.221% In a CryptoQuant Quicktake post, an analyst talked about the latest development in the Bitcoin Coinbase Premium Index. The “Coinbase Premium Index” refers to a metric that keeps track of the percentage difference between the BTC price on Coinbase (USD pair) and that on Binance (USDT pair). When the value of this metric is positive, it means the cryptocurrency is trading at a higher rate on Coinbase than on Binance.…

Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the short-term trajectory of the leading cryptocurrency. On-chain metrics indicate a notable shift in exchange activity, with Tether (USDT) seeing significant outflows while Bitcoin (BTC) inflows into exchanges remain elevated. This trend suggests a potential “imbalance” in market dynamics, where selling pressure could lead to further price corrections in the short term. Spot Market Trends and Selling Pressure Signal Possible Downturn According to data shared by CryptoQuant analyst Onatt, more than 15,000 BTC have been observed moving into exchanges, a metric typically associated with an…

The long-anticipated London upgrade is now ready for deployement on the Ethereum testnets! The upgrade will first go live on Ropsten, at block 10499401, which is expected to happen around June 24, 2021. This upgrade follows Berlin, which was activated only a few months ago on the Ethereum mainnet. By starting the work on London while Berlin was being rolled out, client teams were able to release this network upgrade at record speed! The upgrade includes the following EIPs: The Ethereum Cat Herders have put out a blog post going over the details of these EIPs. It is worth noting…

Bitcoin Crosses $95,000 for the First Time On Wednesday night, Bitcoin reached a record-breaking $95,000. Investors seem to be taking into account the possibility of a second Donald Trump administration.  The flagship crypto rose a further 3% to $97,646.68, based on CoinGecko statistics. It made a fleeting appearance at $97,788 earlier in the session. This extraordinary increase demonstrates the tremendous hope that institutions and traders have for Bitcoin’s future. Source: CoinGecko Related stocks also benefited from the increase in the price of Bitcoin. In prolonged trading, MicroStrategy‘s shares, a Bitcoin proxy, increased by 3%. In line with this, mining stocks…

Dogecoin’s open interest has plummeted to $1.42 billion, a stark contrast to its April peak of $12 billion. A sustained drop in OI, particularly during DOGE’s recent price decline to $0.32, points to traders unwinding positions amid reduced optimism. Source: Santiment This bearish trend in OI often indicates waning confidence in short-term price recovery. Coupled with a 20% drop in DOGE’s price over the past week, the shrinking OI suggests traders are cautious about opening new positions, signaling potential for further correction unless market sentiment reverses. MDIA signals stagnation and cautious sentiment The MDIA indicates that Dogecoin holders are increasingly…

Four years ago, Binance CEO Changpeng Zhao (CZ) made a bold prediction about Bitcoin’s future. Today, his forecast has come true as Bitcoin price reaches new heights. After Solana’s impressive growth in 2021, many are now wondering which cryptocurrency will be the next to hit the $100 mark. Many people are anticipating that DTX Exchange (DTX) could be the next to achieve this milestone. As the crypto market evolves, investors are eagerly searching for the next big opportunity. This article explores CZ’s accurate prediction and examines potential candidates that could follow Solana’s successful path. CZ’s “Save This Tweet” Gains Attention…

Follow Frank on X. In a new report, the Open Dialogue Foundation (ODF) provides an overview and analysis of upcoming regulatory proposals around non-custodial Bitcoin and crypto wallets in the European Union (E.U.).Some of the proposals — many of which are based on FATF recommendations — will negatively affect users’ ability to transact with crypto assets privately.EU & FATF 2025: Your Bitcoin Wallet's New Rules?What is the best Christmas gift from human rights, privacy and Bitcoin advocates?@ODFoundation provides you with a comprehensive respond on what you should know while using #Bitcoin p2p wallet, privacy payments tools &… pic.twitter.com/YZIlCZjSiR— Lyudmyla Kozlovska…

Este artículo también está disponible en español. Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high above $104,000. Despite this price crash, a crypto analyst has predicted that Bitcoin could recover from this slump and potentially reach a new ATH at $107,000. However, for the pioneer cryptocurrency to make this recovery, it would have to break past a crucial Fibonacci level.  Why The Bitcoin Price Could Rebound To $107,000 Crypto analyst CobraVanguard released a chart analysis on TradingView, illustrating Bitcoin’s price movement and potential…

Community & educationChina ecosystem developmentETHPlanetSupport for ETHPlanet’s ecosystem building initiatives in China, including working with students and universities, events, community organization, and educational resources.Community & educationDE-FERENCEDecipherResearch and discussion-focused blockchain conference run by Decipher, a blockchain society at Seoul National University.Community & educationDevspace Virtual HackathonComputer Society of IndiaStudent-run hackathon organized by the Computer Society of India, targeting developers, researchers and students.Community & educationETHGlobalVirtual and in-person hackathons focused on building the Ethereum developer community through learning opportunities and hands-on support for hackers.Community & educationInformational websitesDeployment of a series of easily digestible, informational and educational websites about the Ethereum ecosystemCommunity & educationRussian-speaking ecosystem…

Look, we’ve all been there – scratching our heads when someone drops terms like “shill” or “floor price” in the NFT chat. It’s like learning a whole new language, right? That’s exactly why we wanted to talk about NFT slang today.  Whether you’re hanging out on Discord or scrolling through Twitter, knowing these NFT terms isn’t just helpful – it’s pretty much essential if you want to be part of the community. So let’s dive into this NFT glossary together and make sense of all this NFT lingo. NFT Slang Explained NFT slang refers to the unique language and terms…