Author: Yeek.io

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…

Shiba Inu and Chainlink Partnership for InteroperabilityThe partnership marks a significant milestone, enabling Shiba Inu to build novel multi-chain applications. According to Johann Eid, Chief Business Officer at Chainlink Labs, integrating Chainlink’s CCIP as Shibarium’s canonical cross-chain solution will boost capabilities and support broader adoption of the Shiba Inu ecosystem.The CCT standard, which enables lock-and-mint and burn-and-mint token transfer mechanisms, ensures secure asset movement between Ethereum and other blockchains. This enhances token liquidity and enables assets to move reliably and securely across chains.Shibarium has also integrated Chainlink Data Streams to provide high-frequency, low-latency market data. These services deliver liquidity-weighted bid-ask…

We are excited to announce a new wave of grants to fund formal research that aims to create more knowledge about Ethereum, blockchain technology, and related domains. We encourage academics, research centers, PhD Students and all those interested in researching Ethereum to submit their project proposals. This grants round has up to $750,000 in total available funding. Knowledge as a flywheel for Ethereum Ethereum continuously evolves at tremendous speed, transforming the way people see Economics and Finance, challenging cybersecurity in new contexts, impacting arts and culture, altering identities and ultimately rearchitecting the status quo in various areas of society. The…

When NFTs boomed in 2021, one NFT marketplace was king. Now that another NFT boom is here, could that same marketplace return to the top of the mountain? We’re talking about – of course – the OpenSea NFT marketplace.OpenSea has played a big role in NFTs entering mainstream consciousness, and was – and for many still is – the NFT marketplace of choice for millions of NFT traders around the world. Today, it faces more competition than ever before – and with NFTs on the rise once again, OpenSea has a lot of ground to gain to get back to…

Veteran trader Peter Brandt is warning that a bearish signal is flashing for Bitcoin, indicating that BTC might head to much lower prices. Brandt tells his 763,600 followers on the social media platform X that Bitcoin may be forming a bearish reversal pattern on the daily chart that could lead to a dip into the $70,000 range. “Hey trolls, this is not a prediction. Just always pointing out possibilities, not probabilities, not certainties. No screenshot is necessary. BTC right-angled broadening triangle could project back into the $70,000s and a test of the parabolic modality.” Source: Peter Brandt/X Looking at the…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The price of Bitcoin (BTC) rises and falls. It always has and likely always will—just as any stock or asset does. However, as of late, its jumps are far larger than its drops. In other words, crypto enthusiasts are enjoying their own version of the Roaring Twenties, an era of Western economic prosperity following the devastating Great War. Likewise, Bitcoin holders and crypto advocates are gleefully checking their digital wallets and watching token values take off just…

Este artículo también está disponible en español. The price of Bitcoin fell to around $92,000, Friday afternoon, December 20 after the US Federal Reserve’s rate cut triggered a sharp selloff in the crypto market. However, the premier cryptocurrency seems to be recovering nicely, having returned above the $97,000 level on the same day. While investors would be hoping to see the Bitcoin price reclaim its current all-time high of $108,135 again, a prominent crypto analyst has put forward an audacious target for the market leader. Below is the rationale behind the new bullish target for the Bitcoin price. Can Bitcoin…