Author: Yeek.io

Ethereum price has stalled at the resistance level of $4,000, but on-chain metrics and other external factors points to more gains. Ethereum (ETH), the second-largest cryptocurrency by market capitalization, was trading at $4,008. But the momentum failed to continue as it has faced resistance over the past three consecutive weeks. Still, ETH has positive catalysts that could push its price higher in the near term. The first main catalyst is that Bitcoin (BTC) has continued rising and moved to a record high this week. Altcoins like Ether often follow the price of Bitcoin. Spot Ethereum ETFs are also seeing strong…

Bitcoin Approaches New All-Time Peak Reaching a fresh all-time high of $107,700, Bitcoin (BTC) attracted notable market interest. Investors’ confidence has been strengthened and optimism driven by this unprecedented rise. With trading at $106,456, Bitcoin increased by 2% during the past 24 hours. It had a 24-hour low of $103,320 and a high of $107,777. With a trading volume of $83 billion and a market capitalization of $2.11 trillion, Bitcoin keeps controlling the market with a 56.46% share. Source: CoinGecko Important inflows into Bitcoin ETFs raised investor trust even more. SoSo Value revealed Monday inflows of $636 million. BlackRock led…

Homepage > News > Business > Last Week in AI: OpenAI launches Sora; X makes Grok free Last week, OpenAI launched its text-to-video generative artificial intelligence (AI) tool, “Sora.” The company first previewed this tool in February 2024 but said Sora’s capabilities have evolved since then, so they are dubbing the latest version “Sora Turbo.” Sora is currently available to ChatGPT Plus and Pro users; however, OpenAI is heavily restricting access, leaving many people—including me—unable to try the tool immediately after its launch. For those with access, Sora Turbo allows users to create up to 50 videos per month at…

You’ve heard of DAO social clubs, but what about DAO investment clubs? Layer3 is excited to announce our newest partnership with Syndicate. Syndicate is building infrastructure to to revolutionize investing through web3 technologies. It allows anyone to invest in tokens, NFTs, and even startups. Users can create their own investment DAOs in just a few clicks and invest in both on-chain and off-chain assets. Users and investors can view token and NFT investments through Syndicate’s dashboard in real time, in addition to automatically generating and collecting investment club legal documents via Syndicate’s app. Our first contest with Syndicate is now…

INJ bulls held $21.65 support as analysts predict a potential 12x move to $380. Futures Open Interest trended up, and trading volume jumped 9.54%, signaling strong market confidence.  Injective [INJ]was trading at $27.77 at press time, showing a 0.46% decline over the last 24 hours and a 1.66% drop over the past week.  The 24-hour trading volume is $221.5 million, with a market cap of $2.73 billion and a circulating supply of 98 million INJ. The chart shows INJ breaking out of a prolonged downtrend after forming a rounded bottom pattern. This structure led to a strong rally, with buyers…

Earlier in the week, Elon Musk made headlines for becoming the first human to achieve a net worth of $400 billion (around £315.22 billion). The recent surge was driven by a deal that boosted the valuation of his rocket company, SpaceX, to approximately $350 billion. Back in 2021, he also became the first person to hit the $300 billion mark. Musk’s net worth now stands at around $474 billion, as per Bloomberg’s Billionaire Index, and it looks set to hit the $500 billion mark soon. The tech CEO’s wealth recorded a jump of around $19 billion on Monday. Elon Musk’s…

Recently, a significant movement of 800 million XRP tokens from exchanges has caught the attention of the cryptocurrency community. This large-scale transfer could have substantial implications for XRP’s market dynamics. The move, facilitated by the NBTC, has sparked discussions about the potential for a bullish trend soon. Overview Of The XRP Movement The transfer of 800 million XRP tokens occurred over a short period, raising eyebrows among analysts and investors. The XRP was moved from several major exchanges to unknown wallets, suggesting a strategy to hold the tokens rather than trade them immediately. Such movements are often seen as bullish…

Este artículo también está disponible en español. The Ethereum price could face some turbulence, as Justin Sun, the founder of Tron (TRX), has unstaked a whopping $209 million from Lido Finance, a liquid decentralized staking platform for Ethereum. Compared to top cryptocurrencies like Bitcoin (BTC) and Dogecoin (DOGE), the Ethereum price has had a relatively muted performance, skyrocketing to $4,000 before consolidating and struggling to move higher. With the possibility of more sell-offs, Ethereum could see its price crashing down if Sun decides to dump more coins.  Justin Sun Dumps ETH New reports from Spot On Chain, an AI-driven crypto…

Top NFT Collections (Last 24h) Rank Image Name Volume Transactions Chains URL 1 Pudgy Penguins 8,716.38 ETH 269 ethereum View 2 Lil Pudgys 3,752.75 ETH 1018 ethereum View 3 Azuki 1,524.76 ETH 141 ethereum View 4 CryptoPunks 780.05 ETH 17 ethereum View 5 Pudgy Rods 569.10 ETH 281 ethereum View 6 Azuki Elementals 452.20 ETH 347 ethereum View 7 Doodles 297.96 ETH 67 ethereum View 8 Bored Ape Yacht Club 258.43 ETH 14 ethereum View 9 Hedgies 235.48 ETH 25 ethereum View 10 BEANZ Official 229.72 ETH 340 ethereum View The post Top NFT Collections – December 17, 2024 appeared…

Tortola, British Virgin Islands, December 17th, 2024, Chainwire According to the prediction of Ransu Salovaara, CEO of TokenBuilder and a crypto veteran since 2014, the next twelve months will be pivotal in boosting transparency for token launches and integrating AI technology into new crypto projects. Salovaara, who helped raise token sales for major names in the industry, believes 2025 will be dominated by two major trends: Fair Token Offerings (FTOs) — A push for more reasonable valuations and more equitable access for everyday investors AI Tokens — A major leap forward where crypto meets advanced AI agents, opening fresh opportunities…