Author: Yeek.io

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…

Federal Reserve Chairman Jerome Powell hinted at cautious future rate adjustments, which scared investors. He also mentioned the slower-than-expected decline in inflation and revised the 2025 inflation forecast to 2.5%. This raised fears of tighter economic conditions and liquidity across markets.Bitcoin dropped below $99,000, marking an 8% fall from its record high of $108,000. Ethereum and other major cryptocurrencies followed suit, amplifying the market’s losses. Altcoins suffered significantly, contributing over $222 million to the liquidations.Coinglass data revealed that $869.39 million was wiped out in 24 hours, including $749.59 million from long positions. Nearly 300,000 traders were affected, with Binance witnessing…

Queridos Amigos, Yesterday, Wave #01 of Devcon tickets sold out just a few minutes after going online! After two years of anticipation, the whole team awaited this moment with curious suspense. But don’t worry, more ticket waves are coming soon. Today we are excited to announce the return of the Devcon Scholars Program, an EF initiative to help critical Ethereum builders overcome obstacles to attend Devcon. Read below to find out if the Devcon Scholars Program is for you, and to get information on how to apply. Additionally, we’re happy to announce the first events happening around Devcon in Bogotá,…

Dates: November 15 – December 21, 2024Location: Pace Gallery, 508 W 25th Street, New York, NY The Pace Gallery in New York City will host Irving Penn: Kinship, a thoughtfully curated exhibition by artist Hank Willis Thomas, celebrating the extraordinary career of legendary photographer Irving Penn. Running from November 15 to December 21, 2024, the show offers an intimate look at Penn’s timeless works, curated and contextualized by Thomas to highlight the universal humanity that courses through Penn’s oeuvre. Irving Penn: A Master of the Lens Irving Penn (1917–2009), celebrated for his transformative contributions to fashion photography, portraiture, and still…

Homepage > News > Finance > Indonesia concludes proof of concept for wholesale CBDC Bank Indonesia has announced the completion of a Proof of Concept (PoC) for its central bank digital currency (CBDC) as it tries to keep pace with the rest of the region. According to an official announcement, the completion of the PoC signals a commitment from the banking regulator to proceed with a digital rupiah to complement existing payment options. Dubbed the “Immediate State,” the PoC lays the foundation for advanced studies into the feasibility of a CBDC for the Southeast Asian nation. Bank Indonesia Governor Perry…

On-chain metrics revealed that exchanges have witnessed an inflow of $6.8 million worth of PEPE. PEPE could soar by 40% to reach the next resistance level of $0.000026 if it holds itself above the $0.000018 level. Pepe [PEPE], the popular and third-largest crypto meme coin, has experienced a significant 20% price decline following the anti-crypto stance taken by the Fed Chair. However, the Chair’s statement not only caused a price decline in PEPE but also triggered a massive sell-off across the cryptocurrency market. Whale dumps $2.7 million worth of PEPE at loss Amid this, a whale appears to have dumped…

Layer3 is excited to announce our newest partnership with MODA DAO. MODA DAO is dedicated to powering the future of music ownership, publishing, and licensing via NFT standards, decentralized governance and automated finance. In the past year, prominent artists such as Steve Aoki and RAC have entered the web3 world with their own forms of NFTs and fan-powered creation models. MODA DAO’s mission is to provide similar opportunities for any creator or artist wanting to thrive in web3 via their native token, $MODA. “We’re bullish on the future of music in web3, especially with MODA DAO. With over 50+ years…