Author: Yeek.io

Este artículo también está disponible en español. Amid a wider readjusting of market expectations for interest rate cuts by the Federal Reserve (Fed) for 2025, investors withdrew a record $680 million from Bitcoin ETFs on Thursday, the highest outflow in a single day since January’s approval of these investment funds. Grayscale And Bitwise Bitcoin ETFs Experience 8% Decline  As Bitcoin ETFs faced this outflow, the price declined, dropping another 5% to trade around $97,400 to close the week. The sell-off aligns with a general downturn in risk assets, triggered by the Fed’s updated economic projections released earlier this week.  The…

The Kintsugi 🍵 merge testnet, launched late December, has been a valuable testing ground for The Merge. Through various test suites, multi-client devnets, shadow forks of Goerli, application deployments, and the community’s help #TestingTheMerge, we’ve arrived at a set of stable and robust protocol specifications. Now that clients have implemented these latest specs, a successor to Kintsugi, Kiln 🔥🧱, is being launched! Like the Ethereum mainnet, Kiln’s execution layer was launched under proof-of-work in parallel to a Beacon Chain running proof-of-stake. The Merge happened on Kiln on March 15, 2022. The network is now running entirely under proof-of-stake! Kiln is…

Binance Labs, the venture capital and incubation arm of Binance, just launched its latest project, Binance Alpha. Officially launched on December 18, 2024, this new platform aims to increase transparency in the token listing process while providing users with a unique opportunity to discover emerging projects.  Binance Alpha offers a structured approach to showcasing early-stage tokens, with a 24-hour spotlight on each project. Between December 18 and December 20, users can explore three waves of token launches, with five projects introduced daily. Each token receives dedicated exposure, allowing users to delve into detailed project information during its 24-hour showcase period.…

contributor Posted: December 21, 2024 Shiba Inu strikes a Shibarium deal with Chainlink, for CCT standard adoption. SHIB bulls show off, undoing most of the gains achieved in November. Shiba Inu [SHIB] and Chainlink [LINK]  have reportedly struck a deal to boost Shibarium mainnet operations. Will this development turn the tide back in favor of the bulls after the recent downside? According to the official announcement, the collaboration allows Shibarium to adopt Chainlink’s blockchain interoperability standard, CCT. This development will enhance Shibarium’s efficiency and security, especially in DeFi. It also shows Shibarium’s commitment to growth, potentially boosting investor sentiment. However,…

A widely followed crypto analyst is suddenly turning bullish on one Ethereum (ETH)-based altcoin after its correction this week. In a new thread on the social media platform X, crypto trader Justin Bennett tells 115,500 followers that CRV, the native token of stablecoin lending platform CurveDAO, could soar more than 600% from its current value. “Well, we didn’t get my extremely hopeful $0.40-$0.50 buy zone on CRV. I had a [prayer] there for a reason. Lol. So I bought [Friday’s] blood, and I’ll add more on a weekly close above $0.87. $6-plus potential in my opinion.” Source: Justin Bennett/X CRV…

Bitcoin, the leading cryptocurrency by market capitalization, has recently experienced a significant and sudden price correction, sparking debate among investors. Concerns have surfaced about whether this downturn signals the conclusion of the current bull cycle or merely represents a temporary setback. While short-term holders face losses, long-term metrics provide a broader perspective on Bitcoin’s trajectory, as analyzed by CryptoQuant’s Avocado Onchain in a recent report. Opportunity Or End of The Bull Cycle? According to Avocado Onchain, the realized price for investors who entered the market during Bitcoin’s recent peak at $98,000 places them in a loss-making position. However, for those…

Este artículo también está disponible en español. Due to yesterday’s crypto market rout, Ethereum (ETH) has now faced rejection at the key $4,000 resistance level for three times since March 2024. The second-largest cryptocurrency by reported market cap is now trading at the $3,400 level, down 6.7% in the past 24 hours. What’s Behind Ethereum’s Underwhelming Price Performance? While ETH has posted a respectable 47% year-to-date (YTD) gain, it has been outpaced by other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP, which have recorded significantly higher returns in the same period. Several factors appear to be holding back…

tl;dr Kiln🧱🔥 is up, check it out#TestingTheMerge is in full swing. Do your part, get involved! Kiln🧱🔥 is up, check it out One week ago, the Kiln🧱🔥 testnet went through the Merge transition to evolve from a PoW testnet to a fully functional PoS testnet. If you run validators on Mainnet, now is the time to test your post-merge setups. Jump into the Kiln landing page and dig in. Seriously. It’s time. #TestingTheMerge is in full swing. Get involved! The transition from PoW to PoS on Kiln was not without issue. Due to an encoding error, Prysm was producing invalid…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Azuki 2,167.50 ETH 169 ethereum View 2 Pudgy Penguins 1,495.31 ETH 87 ethereum View 3 Doodles 1,030.62 ETH 153 ethereum View 4 Azuki Elementals 857.45 ETH 501 ethereum View 5 Lil Pudgys 504.55 ETH 274 ethereum View 6 BEANZ Official 420.86 ETH 545 ethereum View 7 Bored Ape Yacht Club 291.65 ETH 17 ethereum View 8 Gemesis 281.76 ETH 3708 ethereum View 9 Mutant Ape Yacht Club 198.40 ETH 65 ethereum View 10 Cool Cats 181.71 ETH 115 ethereum…

contributor Posted: December 21, 2024 Stacks tested the $1.75 support amid a 26% weekly drop Ascending channel pointed to bullish potential, with the resistance at $2.40 and target at $10 Stacks (STX) was trading at $1.71, at the time of writing, following a 11.73% decline over the last 24 hours and a 26.06% drop in just 7 days. With a circulating supply of 1.5 billion STX, the cryptocurrency had a market capitalization of $2.57 billion.  Trading volume in the last 24 hours stood at $439 million, indicating substantial activity during this price drop. The recent downturn in STX‘s price seemed…