Author: Yeek.io

Este artículo también está disponible en español. Sentiment for Ethereum (ETH) has reached its lowest levels in a year as the second-largest crypto by market capitalization struggles to reclaim the $4,000 mark. Despite investors’ sentiment, some analysts suggest that the King of altcoins is about to kickstart its bullish run to new highs. Related Reading Ethereum Sentiment Drops To Yearly Low According to crypto analyst Ali Martinez, Ethereum social sentiment has hit a one-year low amid its struggle to turn the $4,000 resistance into support. Per the post, this metric reached its most negative levels since December 18, 2023, when…

We are thrilled to announce the 39 grantees selected for the recent Academic Grants Round. This grants round invited researchers, think-tanks, Ph.D. students, and all those interested in advancing knowledge around the Ethereum ecosystem to submit academic proposals. Thank you to all those who submitted proposals, and congratulations to all the grantees. We are pleased with the number of quality applications that we received, which surpassed our initial expectations. Given the extraordinary potential of many project proposals, we have more than doubled the initial budget from 750,000to750,000 to 750,000to2 million. The granted projects vary broadly in scope and geographic representation…

NFT staking has become a popular trend in the blockchain space that allows users to earn passive income from their digital collectibles. Instead of just holding NFTs in your wallet, you can “lock” them up on specialized platforms to get rewards over time. This turns a static investment into a dynamic asset that gains value even when you’re not trading. In this post we’ll go over the basics of NFT staking, how to get started and share some tips to help you get the most out of it. The Basics of NFT Staking What is NFT Staking NFTs are unique…

Aurora Labs has launched TurboChain and TurboSwap, two blockchain solutions designed to strengthen the TURBO ecosystem.  Developed in collaboration with the NEAR (NEAR) Protocol, these tools aim to improve transaction efficiency and expand access to decentralized finance, according to a release shared with crypto.news. TurboChain serves as a dedicated blockchain for the TURBO (TURBO) ecosystem, using TURBO as its core token for transactions. The chain is designed for speed, scalability, and low transaction costs, making it accessible to a wider range of users, including smaller investors.  The chain also provides developers with a platform to build decentralized applications while offering…

Ink, a layer-2 blockchain developed by crypto exchange Kraken and built on the Optimism Superchain, is now live, with oracle platform RedStone as an official partner. The Ink Chain mainnet launched on Dec. 18, months ahead of the previously announced plans to debut in Q1, 2025. RedStone confirmed its partnership with Ink in a press release, stating that it has been selected as the official partner for decentralized finance. The partnership will leverage RedStone’s modular architecture to provide real-time price feed data. RedStone enables users to securely interact with and utilize accurate, real-time data across the DeFi ecosystem, including Bitcoin…

We’ve seen it all. The Merge went live on Testnet…and it worked. A pokemon-inspired voxel game rugged its buyers with a 3ETH mint price. LooksRare launched a vampire attack against OpenSea. Laura Shin revealed the identity of the 2016 “the DAO” hacker. One of the core Fantom devs announced his departure from DeFi. Optimism raised 1.65bn+ USD from a16z and Paradigm. BAYC powerhouse Yuga Labs acquired Punks and Meebits, then subsequently released a killer video of its metaverse gaming plans. Ukraine teased an airdrop to secure more donations for its war efforts and never delivered. Whew. And it’s only Q1.…

BNB flipped its long-term trendline resistance into support Derivatives data revealed a bullish edge as the price consolidated above its key EMAs After snapping off its long-term trendline resistance, Binance Coin [BNB] found a new all-time high (ATH) at $794 on 4 December. This surge was fueled by broader bullish sentiment in the crypto market, mainly Bitcoin’s [BTC] recent HIKE. At the time of writing, BNB was trading at $715.86, consolidating near its critical support zones. BNB consolidates at key support Source: TradingView, BNB/USDT BNB’s price action on the daily chart reflected strong bullish resilience as it maintained levels above…

In the world of Bitcoin investing, understanding market cycles is key to identifying buying opportunities and spotting potential price peaks. One indicator that has stood the test of time in this regard is the Puell Multiple. Originally created by David Puell, this metric examines Bitcoin’s valuation through the lens of miner revenue, offering insights into whether Bitcoin might be undervalued or overvalued compared to its historical norms.This article will explain what the Puell Multiple is, how to interpret it, and what the current reading on the chart suggests for investors. For a real-time look at this tool, check out the…

Halving Events and Historical PatternsBitcoin runs on a mechanism called “halving,” which, if everything else remains constant, happens once every four years. It cuts down by half the reward that miners receive for validating transactions, thereby reducing the rate at which new BTC come into circulation. Historically, many Bitcoin bull markets have usually followed such events. The last was in 2020, while the next will be in 2024.Looking at past cycles, Bitcoin tends to reach new highs around 12 to 18 months after a halving. This would make late 2025 possibly the peak for this current cycle. Historic data is…

Discussions about Ethereum’s next major price rally have emerged significantly within the crypto community following its recent upbeat strength in the past few days. With upside momentum gaining traction, there are speculations that ETH may rally soon. However, a recent development suggests otherwise. Anticipated Major Rally For Ethereum Might Require More Patience Ethereum’s next big upswing is widely believed to be just around the corner as evidenced by several bullish forecasts. Nonetheless, Ali Martinez, a market expert and investor, predicts that the notable much-anticipated move may take longer than the general market expects. The expert points to a key market…