Author: Yeek.io

Cumulative activity of whales and Smart DEX showed that the buying activity has increased. Historical active addresses by profitability show most traders are profitable. Aave [AAVE] continues to be a leading DeFi asset for whales. Notably, one whale has been aggressively dollar-cost averaging, accumulating 96,800 AAVE and spending $17.8 million at an average price of $183.4. The recent inflow of 9,702 AAVE, purchased with $3.18 million in GHO and WBTC, highlighted the whale’s continued investment even as prices dipped. Holding an unrealized gain of $15.31 million, reflecting an 86.2% increase in value, the whale’s position indicated significant market confidence. Source:…

The United States Securities and Exchange Commission has approved two spot cryptocurrency index exchange-traded funds. On Dec. 18, the SEC greenlighted the crypto index ETF proposal from Franklin Templeton, allowing it to trade on the Cboe BZX Exchange. The following day, the commission approved Hashdex’s crypto index ETF, which is set to trade on the Nasdaq stock market. Franklin Templeton’s proposal was granted “accelerated approval” after its updated filing met the necessary requirements and was deemed “substantially similar” to previously approved spot Bitcoin and Ether exchange-traded products. Crypto index ETFs track the performance of multiple cryptocurrencies, offering investors diversified exposure…

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…

Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve’s hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week. This retreat coincided with the sell-off of other coins like Bitcoin (BTC) and Solana (SOL). Despite the price drop, Ethereum’s fundamentals remain strong. Notably, Ethereum Exchange-Traded Funds have seen steady inflows, now totaling over $2.46 billion. These inflows have increased for 18 consecutive days, reflecting growing interest from investors. Ethereum ETFs are gaining traction as investors anticipate the SEC may soon allow staking…

If you’ve ever wondered, “Is MoonPay legit and safe?” or wanted a simple way to buy crypto, you’re in the right place. In this MoonPay review, we’ll break down everything you need to know about this popular platform. MoonPay makes it easy for anyone to buy and sell cryptocurrencies or even NFTs using regular payment methods like credit cards or bank transfers. But with so many crypto platforms out there, you’re probably asking, “What makes MoonPay different?” or “Are the fees worth it?” Don’t worry, we’ve got you covered. From how MoonPay works to its pros, cons, and fees, this…

The Open Network, a blockchain originally developed by Telegram, is now integrated with Dune , a platform for on-chain data exploration.  This integration allows developers, analysts, and blockchain enthusiasts to access and study TON’s ecosystem activity through custom dashboards and visual tools. According to a press note shared with crypto.news, Dune’s integration provides insights into TON’s growing ecosystem, according to a press note shared with crypto.news. TON (TON) is a Layer-1 blockchain designed for scalability and ease of use. It employs a sharding mechanism that divides the network into smaller parts to handle transactions efficiently.  A Proof-of-Stake consensus mechanism ensures…

Most meme coins plunged this week as many retail traders continued to sell in panic as the outlook in crypto worsened. The market cap of all meme coins tracked by CoinGecko was down by 12% to $113 billion on Dec. 13. While most meme coins plunged, the sell-off was more pronounced among smaller tokens. Brett (BRETT), the biggest meme coin in the Base Blockchain, fell by 11.2% on Thursday and by 23% in the last seven days.  Peanut the Squirrel (PNUT), a Solana meme coin that went viral recently, has plunged by 40% in the last seven days. Similarly, Popcat…

Layer3 is excited to announce our newest partnership with Minke. Minke is a non-custodial wallet tailored for decentralized finance (DeFi) users. Unlike any regular crypto wallet, Minke offers up to 8% APY by allowing users to directly access DeFi protocols within the app. It’s also accessible in over 29 countries across the world. Minke also offers simple on-ramp processes built for the average user. Users can easily buy stablecoins, Ethereum, and Polygon (MATIC) via Apple Pay and deposit stablecoins into AAVE to earn interest directly via the Minke app. Check out some of Minke’s featured bounties below👇 View the full…

Pentagon Games, a worldwide leading platform in the GameFi sector, has started a collaboration with a decentralized organization TRON DAO. The collaboration targets to advance blockchain technology as well as dApps, to offer an innovative digital realm on TRON, permitting users to develop and tailor immersive virtual experiences. The platform disclosed this collaboration in an exclusive press announcement. Offering a Seamless User Experience with VR, AR, and AI Pentagon Games asserted that, in collaboration with TRON, it focuses on providing users with its award-winning VR, AR, and AI-powered technologies. The collaboration offers an unparalleled blend of social interactions and gameplay…

The Dogecoin price has been stuck in a state of correction and consolidation since the first week of December after a crazy multi-week rally that saw it peaking just below the $0.48 price level. Recent price action in the past 24 hours and seven days has been riddled by declines, with the RSI indicator reflecting a corresponding drop. Crypto analyst Master Kenobi recently drew attention to this notable development in Dogecoin’s Relative Strength Index (RSI), highlighting its earlier break above 90% and comparing the current bull market with the patterns observed during DOGE’s 2021 rally. DOGE RSI Mirrors That Of…