Author: Yeek.io
Bloomberg exchange-traded fund (ETF) analyst Eric Balchunas says that 2025 will likely see many new digital asset ETFs be approved. In a post on the social media platform X, Balchunas says that he’s anticipating a “wave” of new crypto ETFs next year, potentially in a particular order. Says Balchunas “We expect a wave of cryptocurrency ETFs next year, albeit not all at once. First out is likely the BTC + ETH combo ETFs, then prob Litecoin (bc its fork of btc = commodity), then HBAR (bc not labeled security) and then XRP/Solana (which have been labeled securities in pending lawsuits).”…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Ethereum slows, emerging tokens like XYZVerse, the first all-sport memecoin, promise exponential returns in a bullish market. As leading cryptocurrencies like Ethereum and Solana show signs of slowing down, investor attention is shifting to emerging tokens with significant growth potential. Amid a bullish market where Bitcoin has hit remarkable milestones and altcoins are flourishing, a low-priced gem is promising exponential returns by year’s end, captivating those seeking the next big opportunity. One such promising contender is XYZVerse (XYZ),…
While celebrities can raise a project’s profile, their involvement does not make the project legitimate. In fact, celebrity-backed projects fared terribly in previous cryptocurrency cycles. Still, inexperienced investors have continued to believe in these projects despite repeated failures.Even without a practical use case, platforms like Pump.fun make it easy to introduce memecoins. That has led to a slew of highly publicized failures and alleged scams. Here are five notable examples of when tokens backed by celebrities went awry.1. Haliey Welch’s Hawk Tuah TokenHaliey Welch became famous for a viral comment during an interview. Riding her newfound fame, she launched a…
Things are looking up for Ethereum. Now that The Merge is complete, a huge weight (measured in tonnes of CO2) has been lifted from the Ethereum community’s collective conscience. And the world-at-large is watching to see what this community does next. Right now the ecosystem has a unique opportunity to show the skeptics what Ethereum can do — how a foundational layer of trust on the open internet can be used to tackle the big coordination problems that we have yet to solve. The road to Serenity is long, and Ethereum’s impact is still small on the scale of human…
TON-based decentralized stablecoin protocols, Aqua Protocol and Delea, saw their total value locked (TVL) soar to record levels. Both projects borrow from MakerDAO’s model and represent collateral debt position (CDP) projects that issue their own stablecoins to be used in decentralized finance (DeFi). DefiLlama data shows that Aqua’s TVL has nearly doubled in December to a record $4.1 million. Elsewhere, Delea, which launched a month ago, saw its TVL surge to $5.4 million. It gained over 100% on Tuesday alone. Aqua is a decentralized platform that aims to become a liquidity hub on the TON blockchain. It enables users to…
Namada, the layer-1 blockchain platform and shielded asset hub, has announced that community member Ether Gavin has outlined a proposal to reward Coin Center donors with the native token NAM. In an announcement on December 17, Namada revealed that Gavin’s governance proposal aims to initiate a public goods funding campaign, which would airdrop NAM tokens to donors of the blockchain advocacy group Coin Center. The initiative is set to coincide with the holiday season. If the Namada community supports the proposal, the L1 blockchain will airdrop between 1 and 2 million NAM tokens to Coin Center. This allocation would represent…
We’re excited to feature our newest contest winners for The Graph! The Graph is a decentralized protocol for indexing and querying data from blockchains. It allows anyone to build and publish open APIs called subgraphs, making data more easily accessible. Instead of developing and operating proprietary indexing servers, developers and companies can build server-less applications that run entirely on public infrastructure with The Graph. We partnered with The Graph to help promote Graph Day 2022, a full-day event at the Palace of Fine Arts in San Francisco with some of web3’s most impactful developers, investors, and core protocol specialists. With…
contributor Posted: December 17, 2024 Chainlink whales withdrew 100,000 LINK tokens worth $2.95 million in 24 hours. LINK has declined by 3.02% over the past day. After hitting a recent high of $30.49, Chainlink [LINK] has experienced a market correction. This pullback saw the altcoin hit a low of $27.49. Since then, the altcoin has struggled to maintain its upward momentum. As of this writing, Chainlink is trading at $28.22, marking a 3.02% decline on daily charts. Previously, Chainlink had been on an upward trajectory, rising by 21.43% on weekly charts and 97.74% on monthly charts. The recent retrace and…
Recent price action in the overall crypto market has seen the XRP price reversing into bullish momentum in the past 24 hours. Notably, buying trends and mentions on social media show that the bullish sentiment has never departed from XRP, even during its price rejection at the $2.9 level earlier this month. Interestingly, crypto analyst Cryptoinsightuk recently revealed a timeline for bullish XRP price levels, with the first being a $5 target in the next two weeks or so. XRP Price To Reach $5 In January, $10 To Follow Shortly After Sharing his thoughts on the social media platform X,…
Este artículo también está disponible en español. XRP has entered a consolidation phase after reaching a multi-year high of $2.90 during the first week of December. The cryptocurrency’s price action has left investors uncertain about its next move, fueling speculation about whether XRP will surpass the critical $3 mark or if the cycle top has already been set. This indecisive environment reflects a broader trend of caution among market participants, as XRP’s future remains unclear. Related Reading Ali Martinez, a prominent crypto analyst, recently shared insights suggesting that XRP has been trading within a bull flag pattern, a classic continuation…