Author: Yeek.io
A widely followed crypto trader says one decentralized oracle service project may one day overtake its rival Chainlink (LINK). In a new video update, Guy Turner, the host of CoinBureau, tells his 2.57 million YouTube subscribers that the market cap for Pyth Network (PYTH) may eventually soar due to its potential to generate massive fee revenue. “In my opinion, Pyth Network is one of the most underrated cryptos there is. That’s because it’s an oracle that provides high-frequency data feeds that blockchains like Solana depend on. In other words, Pyth Network is like Chainlink, and some would argue that it’s…
French Member of the European Parliament (MEP) Sarah Knafo delivered a high-profile address, urging the European Union (EU) to adopt a “Strategic Bitcoin Reserve” as part of a broader effort to promote financial autonomy and combat inflationary pressures. A French magistrate and member of the Cour des Comptes, Knafo’s background includes public service and political advising, most notably for right-wing Jewish presidential candidate Éric Zemmour. Knafo’s public role has steadily risen since her election to the European Parliament in 2024. Why The EU Needs A Strategic Bitcoin Reserve In her speech on the Parliament floor, Knafo drew upon global examples—citing…
Este artículo también está disponible en español. Crypto analyst Tony Severino has drawn a similarity between the current Bitcoin price action and that of the 2017 bull run. Based on these similarities, the analyst raised the possibility of the flagship crypto witnessing an 80% surge from its current level. Bitcoin Price Eyes 80% Surge If History Repeats Itself In an X post, Tony Severino suggested that the Bitcoin price could rally to $190,000 if history repeats itself. This came as the analyst drew a comparison between the 2024 and 2017 Bitcoin Elliott Wave count, which indicated that Bitcoin could replicate…
The Merge is happening soon! This post explains how and when the upgrade will happen, along with the client versions compatible with it.Kiln, an Ethereum merge testnet launched in early 2022, will be shut down during the week of September 12, 2022.Ropsten and Rinkeby are also deprecated and scheduled to be sunset in Q4 2022 and Q3 2023 respectively.Users and developers should migrate to Goerli & Sepolia, which will keep being maintained and upgraded to reflect changes to the Ethereum mainnet for the forseable future. As previously announced, the Kiln, Ropsten and Rinkeby testnets are now deprecated and will be…
Not too long ago, the word “cryptocurrency” was a niche term, heard mostly in tech circles and tucked away in obscure internet forums. Today, it’s practically mainstream, with major financial institutions and well-known brands acknowledging crypto’s role in the global economy. Now that crypto has gained its footing, many ask: “Will NFTs walk a similar path?” As 2025 approaches, it’s worth considering if Non-Fungible Tokens can replicate the kind of success that cryptocurrencies have enjoyed over the last decade. The Early Days of NFTs In their early days, NFTs seemed to be about digital art and little else. Suddenly, in…
contributor Posted: December 18, 2024 PEPE could soar by 17% to reach the $0.000028 level if it closes a four-hour candle above the $0.0000243 level. 80.57% of top Binance traders currently hold long positions, while 19.43% hold short positions. Pepe [PEPE], the world’s third-largest memecoin by market cap, is poised for upside momentum as it has formed a bullish price action pattern on the daily time frame. The overall cryptocurrency market cap appears uncertain, with top assets like Bitcoin[BTC], Ethereum [ETH], and Ripple[XRP] gaining notable upside momentum, while others continue to struggle. Amid the uncertain cryptocurrency market, PEPE appears promising…
Layer3 is excited to announce our newest partnership with EnterDAO. EnterDAO is a DAO with the mission of building products to enable new markets within the Metaverse economy. It is currently governed by the $ENTR token. Their main products include LandWorks and MetaPortal, which were built to tackle pain points like access to Metaverse land, capital inefficiency, and the UI/UX of Metaverse gaming. “The Metaverse is home to endless self-contained economies. But in order to empower these economies, we need to have better discovery mechanisms. Enter…EnterDAO.” — Brandon Kumar, Co-Founder of Layer3 Check out EnterDAO’s featured contest 👇 View the…
Whales have been accumulating ADA, purchasing significant amounts over the past 24 hours. Derivative traders could drive the next phase of ADA’s movement, as bullish sentiment dominated this group. ADA slipped 2.84% in the last 24 hours despite positive sentiment. Still, the asset holds onto a 4.59% weekly gain and an impressive 47.55% increase over the past month. The combination of rising investor activity and a shrinking supply of ADA on exchanges could set the stage for a price reversal, pushing the asset to higher levels. Whales buy ADA in bulk According to crypto analyst Ali Chart, citing data from…
Este artículo también está disponible en español. A crypto analyst on TradingView, known as ‘Tradecitypro,’ has published a detailed Fantom (FTM) report, breaking down the cryptocurrency’s price action across the daily and 4-hour timeframe. After accurately predicting Fantom‘s surge above $1, the analyst highlights key price levels, market trends, potential price movements, and bullish technical indicators for FTM’s next parabolic trend. Fantom Daily Timeframe: Signs Of Trend Weakness After correctly forecasting FTM’s price breakout at $0.84, the TradingView analyst has revealed that the cryptocurrency is now following a parabolic uptrend, supported by a curved ascending trendline. According to the analyst,…
Este artículo también está disponible en español. Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence. However, analysts remain optimistic, with many expecting a significant upward move in the coming weeks. Related Reading Renowned analyst Jelle recently shared a technical analysis highlighting Solana’s strong potential. According to Jelle, the monthly chart for SOL is primed for an “absolute monster run,” indicating that the current consolidation phase may be…