Author: Yeek.io

In today’s roundup, we’re excited to feature four recipients from a recent Local Grants wave in Japan! We see Ethereum as an ever-growing, creative and inclusive playground, and it is our responsibility to let everyone keep playing. It’s not easy to commit to public goods or novel use cases without a quick financial return, and it’s important to support the dedicated teams working to solve interesting problems, improve public infrastructure and build creative blockchain use cases. In this Local Grants round, the Ethereum Foundation is happy to shine a spotlight on a local community proactively working to demonstrate the potential…

Exploring the NFT world can be tricky, with many projects lacking authenticity. At NFT Droppers, we offer reliable ratings by examining over 70 detailed factors. We dive into NFT features, structure, roadmaps, technical details, and token utility. We also look at media presence, website traffic, and community engagement. Our team checks the whitepaper, investment timeline, market potential, and existing user base to gauge the project’s vision. We thoroughly verify team members to ensure authenticity and provide all essential information for investors. Our ratings are frequently updated, and we continuously improve our methods. Trust NFT Droppers for insightful and current NFT…

BONK’s RSI and OBV revealed strong bearishness over the past month A bounce to $0.00004 might be likely, but whether the market structure can shift bullishly would depend on capital inflows BONK fell by 59% in 30 days from 20 November to 20 December.  This steady downtrend saw some sizeable selling volume on certain days, such as 9 December, when Bitcoin [BTC] faced rejection from the $100k- level. Since then, the memecoin has struggled to hold key support levels. In fact, the latest BTC correction sent BONK to another vital support level at $0.0000265. BONK bulls attempt to scale the…

A widely followed crypto analyst is issuing a new warning about the digital asset market during the final days of the year. The pseudonymous analyst known as Altcoin Sherpa tells his 234,800 followers on the social media platform X that the crypto market may experience wild price swings to close out December. However, the analyst predicts markets may rally in January based on historical precedence. “We probably get one-plus more flushes before the year’s end, but keep your eye on the prize and manage yourself through the volatility. January is historically a great month for crypto. In my opinion, sell…

Este artículo también está disponible en español. The native token of the decentralized smart contract platform Sui (SUI) kicked off the week with an all-time high of $4.96, buoyed by an overall bullish trend in the cryptocurrency market. The momentum was short-lived, as SUI experienced a significant retracement on Friday, plummeting nearly 30% to $3.49. However, the token rebounded swiftly, stabilizing at approximately $4.55, representing a 12.8% increase from the week’s low and just 8.9% shy of its record price, SUI Surges Amid Market Volatility In stark contrast, major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) have continued to experience downward…

This week was one of two distinct halves for the price of Bitcoin, with the premier cryptocurrency rising to a new all-time high and dropping by about 13% a few days later. On Friday, December 20, the BTC price dropped to as low as $92,000. This abrupt Bitcoin price decline came following the US Federal Reserve’s rate cut, which also pushed other financial markets to the red. However, it is worth mentioning that the premier cryptocurrency is beginning to show signs of recovery, currently hovering around $97,000. Can Growing Demand Push BTC Price Back Above $100,000? In a recent December…

The NFT market has shown strength amid crypto market volatility, according to the latest data from CryptoSlam. The total sales volume has reached $302.2 million — a notable 32.93% increase. This is an evident spike from last week’s $224 million sales. This surge has been accompanied by growth in market participation. The market metrics show strong expansion across all key indicators: NFT buyers have nearly doubled with a 92.39% increase to 349,972 NFT sellers have grown significantly by 77.18% to 207,672 NFT transactions have shown a healthy growth of 7.28% to 1,651,950 Ethereum dominance strengthens The Ethereum (ETH) NFT blockchain…

Binance alternatives are particularly appealing for traders prioritizing factors like robust security, broader cryptocurrency selections, or specific trading options such as futures or margin trading. These platforms cater to a variety of users, from beginners needing user-friendly interfaces to experienced traders requiring high liquidity and advanced features. In this guide we’ll explore the best Binance alternatives for 2024, focusing on platforms that offer competitive fees, extensive cryptocurrency support, and industry-leading security measures. We’ll review their key features, trading fees, and unique benefits to help you find the best exchange for your needs. List of the Top 7 Binance Alternatives for…

Altcoin resumed its decline, approaching a month-long consolidation range that it previously broke out of. Technical indicators revealed a strongly bearish market Following a week-long downturn, one during which the altcoin dropped significantly by 15.22%, AXS market bulls made a comeback. Their efforts pushed the asset up by 10.22% in the last 24 hours, offering a glimmer of hope. However, further analysis by AMBCrypto suggested that Axie Infinity [AXS] remained bearish at press time. In fact, the prevailing downturn could deepen, with the altcoin likely to fall further on the charts now. A return to consolidation AXS has been on…

With Bitcoin now making six-figure territory feel normal and higher prices a seeming inevitability, the analysis of key on-chain data provides valuable insights into the underlying health of the market. By understanding these metrics, investors can better anticipate price movements and prepare for potential market peaks or even any upcoming retracements.Terminal PriceThe Terminal Price metric, which incorporates the Coin Days Destroyed (CDD) while factoring in Bitcoin’s supply, has historically been a reliable indicator for predicting Bitcoin cycle peaks. Coin Days Destroyed measures the velocity of coins being transferred, considering both the holding duration and the quantity of Bitcoin moved. Figure…